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. 
Actually the main factor is that people easily follow FOMO rather than strategy or technical analysis itself. This is because psychological factors have a lot of influence, if the person cannot control himself and follows FOMO more, it will actually make him lose his own analysis. And if they entry with the wrong timing it will make loss more.