Re: Why people are buying when the price is going up and not when it is down
I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. 
That's easy, a lot of people are often join when the market is on hype, probably its either they don't know anything in the market and just go with the flow or they are expecting the market to continue to increase its market price.
Having those mistakes instead of investing in the market when the market price is on the dump, there is no hype when the market is a dump and everything on the news is negative, that is why people or investors are discouraged to invest.