and they sell when the market is panicking (charts down with predictions the price will go down and not get back up again)
Topic: Why do people buy high and sell low - page 18. (Read 2442 times)
because they buy when the market is happy (the up-and-coming graphics will get even higher when purchased)
and they sell when the market is panicking (charts down with predictions the price will go down and not get back up again)
and they sell when the market is panicking (charts down with predictions the price will go down and not get back up again)
People usually do this due to panic that a certain investment would suddenly become valued at 0 which is a total loss for the said investors. Ultimately, if an investor is scared of such a scenario, they would cut their losses, but smarter investors just average down their assets to prevent further losses and to also make room for possible profit amidst of deep losses.
Most of the people affected by such a sentiment are those who just joined the fad without studying it thoroughly.
Most of the people affected by such a sentiment are those who just joined the fad without studying it thoroughly.
I agree with most of what you said and summarized parts of this strategy in this post: https://medium.com/@robjeiter/what-the-mainstream-media-doesnt-tell-you-it-is-rational-to-invest-in-cryptocurrencies-3f7892173eea
I think they were buying at a time when they were sure that the price would not fall, but they sell because of panic
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Yes there are many people in CryptoCurrency world are buy in a high price and sell it low, there's many reasons why it happened. First they sold their coins because of panic that happened right now in the market. Second there's a emergency happened they need a money for daily and the only way they could sell their coin.Thanks guys!
Some people buy bitcoin in a high price and sell in a very low price. I think this people are lack of knowledges about the cryptocurrencies volatility. They always panic when they notice that the price of cryptos deflating in a very low price. They sell their coins immediately no matter how they lose their investment and the profits.
I do believe it is because of more investors or let us say traders believe that they can have a good chance to make more profit in the making if the prices turn to green. Maybe they are soo concern on what will be their profit than what will be their loses. Although risky but needs to try the luck.
There's no business sense in buying high and sell, I think those who buy high and sell low do act of ignorant, objective of every invest is profit making, I don't think you can buy high and sell low at the same time make profit, the ideas is buy low and sell high ⚡️.
Those people who cut the losses too many times just make them vulnerable to do another mistakes due how they feel disappointed , under pressure to get back what they've lost and instead successfully make it happen they failed more often . It's just fine when you do cut the loss for once to chase the dips as you might get recovered when the price move up skyrocketing .
I think you will acquire a more accurate answer one why do people panic sell, because you had experience in it.
For example, I have a different problem. I do not sell at all. So, it’s good when we speak of hodling.
But still I always lose opportunities to get even more money than I’ve invested initially.
For example, I have a different problem. I do not sell at all. So, it’s good when we speak of hodling.
But still I always lose opportunities to get even more money than I’ve invested initially.
That's the mindset of a common panic player. Instead try on the opposite approach. Buy when it's low then sell when the odds are high. Just have trust in bitcoin and avoid the negativity that other people say that it's going to burst any moment.
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
You are absolutely a panic sellers. You don't want to.lose more than you've already lost so that you sell it immediately as possible. I am also one of those panic sellers before but now I am willing to take risk and wait for the price to pump again. Thanks guys!
The occurrence of this situation indicates that you are lack of learning. Your heart is not strong enough, and your mind is not smart enough. It is difficult for you to make money in this case. But! You can buy it there when the bitcoin is down. No matter the price fluctuation of bitcoin. Until you reach your profit! You have to believe that bitcoin must be up.
Many sell the coins they hold cheaply when the price drops dramatically, this is done because of panic, fear of greater loss. but some are doing it for urgent needs. because they have invested all their money without any capital reserves.
Whatever happens, you don’t have to sell your bitcoins unless and until most extreme emergency situations comes in the flow. These coins are so classic that have been bought through much hurdles, so why to use them for your general needs. Human always have needs to be fulfilled so don’t sell these tremendous coins only to normalize some casual needs.
I think buying at a high price and selling when a low price is an unwise decision because it will only make a loss, it would be better if we hold the bitcoin we have, making it an investment because we know the bitcoin price will recover soon and will increase again
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Buying at the peak is not a good strategy as we don't know what or when the values continues to rise. It's a trap to those people who wants to be an instant millionaire as they are blind in the reality of the volatility crypto market. Whatever the your plan B it's still a lessons learned that cryptocurrency is not a easy money. If you did, buy at peak and waiting for the return of the price you still doing good but the waiting is still not clear when it will be. Selling it now and buyback at the bottom price could lessen the pain as the bearish market continues. Thanks guys!
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Thanks guys!
When price reaching high, people think that will be rally movement and people will buy it and following what they think. So that happen when they sell on the ground. I think they just not patience when waiting to right position to open order
if you buy goods in high price and sell it when it lows, i think that is stupidity. you must be patience, market is fluctuating so why panic? if if its low today then tomorrow ang the days to come would be a different story.
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Thanks guys!
Definitely you are one of those panic sellers. When price is high, you buy because of thinking that those coins will still go up to the moon without realizing that sooner or later, the price drops.
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
if you do that means you are stuck in a fake increase crypto created from a bunch of pump groups, it's different if you do observation and spiculation on the coin in a few days even a few months. Thanks guys!
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
Thanks guys!
many new players are applying to buy expensive and sell it cheaply because they are easily affected by other people's talk and they are frightened and easily panicked that makes such people lose so much, so should be stuck at a very high price then just wait until the price back up do not be easily affected by other people's talk.
There's no business sense in buying high and sell, I think those who buy high and sell low do act of ignorant, objective of every invest is profit making, I don't think you can buy high and sell low at the same time make profit, the ideas is buy low and sell high ⚡️.
Most of them are newbies so dont know how market works that is why they do it ,panic is main reason so people think they will lose more and more so start to sell.
Jump to: