I think it's normal for newbies in crypto world that you panic selling when all coins huge down, just like me when I was newbie, but I learned the lessons that we should have patience, the knowledge about cryptocurrency and the strategy so you will become successful trader or investor.
Committing the mistakes, if leading you to the better future than there is really nothing bad for committing some calculated risks because these risks are either going your way or will be a lesson for the future. When you are a newbie, never take the decision on the basis of your own instincts or emotions because they are not well mentored, you can rely on others for different concepts and then you can take the decisions for the initial months. 
Topic: Why do people buy high and sell low - page 19. (Read 2474 times)
You should not invests in the first place if you can't afford to lose and clearly you're a panick seller. You should have give your trust and faith though crypto is risky and if you're new to this industry things may not end up good at first but later on after a year or more you'll not regret selling it at low price because there's a huge possibility you'll gain a lot and the quote should be "buy low,sell high".
Maybe this is their strategy but i dont think this can be a good idea. Maybe to those new members who get involve in panic selling. As an enthusiast, they will not do this strategy since they will end up having lesser profit if they do so.
A lot of people now who are selling their bitcoin in a low price because they are panic that bitcoin will down so they sell their bitcoin, and another case if the bitcoin holder have a big financial problem that need to sell their bitcoin in a low price to support their financial problem.
Maybe this is their strategy but i dont think this can be a good idea. Maybe to those new members who get involve in panic selling. As an enthusiast, they will not do this strategy since they will end up having lesser profit if they do so.
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!
They do that because they lose momentum, they experience panic and do not question about the losses they get. Yes this happens to many people and I am sure that panic is one of the factors a person suffers from a loss. And when they can calm down then they can think and then do the analysis in order to get the best decision.Thanks guys!
they are afraid that their coins will not going to rise back that's why people are doing panic selling and some people are buying the pumps and it result of panic buying
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!
most expensive buyers and cheap sellers are players who are easily affected by other people's talk and new panicked players, because if you know the old players will be a lot of happy because there is a golden opportunity to buy at a very cheap price.
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!
It's because we are too excited and overwhelmed at that time, when btc getting higher and it reach $15k then we are telling our selves that this will be the start of the pump no more dump below $15k so we buy without thinking of the chart and the market. Thanks guys!
I'm sure there's nothing so stupid as to buy something for a high price and sell it back at a low price, surely people will buy it cheap and sell it for a high price, so the difference between the sale and purchase price can be an advantage for yourself. or he gets panicked and can not think straight and go crazy because of his own stupidity
Its not stupidity if i know there are times that you also did that. People are only humans with emotions i will go bet if any successful trader or pro trader reach his goals right now without experiencing or selling in panic. This panic sell is the reason for everything much more a lesson for everyone who tmdid not fully knowledgeable in trading. I'm sure there's nothing so stupid as to buy something for a high price and sell it back at a low price, surely people will buy it cheap and sell it for a high price, so the difference between the sale and purchase price can be an advantage for yourself. or he gets panicked and can not think straight and go crazy because of his own stupidity
Its not stupidity if i know there are times that you also did that. People are only humans with emotions i will go bet if any successful trader or pro trader reach his goals right now without experiencing or selling in panic. This panic sell is the reason for everything much more a lesson for everyone who tmdid not fully knowledgeable in trading. 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. And when the price drops, you sell them because you think that it may keep on decreasing. Those moment, you are panicking and thinking that its better to sell in lw price than to have nothing.
That's what I have in mind as well when I was reading this post. Don't panic when you are in the high low rates of BTC. Find the perfect time when yo buy and when to sell. Don't ever make your emotions eat you. But it depends on you though, you worked hard for that coins and you habe all the rights how to control them whether you trade them or keep them til the value goes back up.
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!
I think you have a wrong move my friend because of the bitcoins was goes down and this is the reaon you make yourself panic and make it dump. 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!
Perhaps the reason is people are investing in bitcoin because they want to benefit from bitcoin and when bitcoins soar they do not sell bitcoins, but hold for a much higher price. Bitcoin is sometimes unpredictable, and bitcoin can fall in value and continue to fall, and at this moment they are afraid of losing bitcoin, they will decide to sell bitcoin. I think to benefit we must have a very strong conviction.
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!
Well purchasing at the lowest price and selling the highest can be profitable depend on the persons mindset , if the person dont know how, and the person dont build a strong set of mind, will surely cause a panic and then i just want to add that always have patience on monitoring so that you can or you can assure that you will get an income.
I'm sure there's nothing so stupid as to buy something for a high price and sell it back at a low price, surely people will buy it cheap and sell it for a high price, so the difference between the sale and purchase price can be an advantage for yourself. or he gets panicked and can not think straight and go crazy because of his own stupidity
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!
Sorry for the loss you have done. Selling at low price is not a mindset of a good business man. When you invest you have to buy with a lower price and selling it at a higher price to gain profit.
I can understand that. if I buy some coin and see what it drops in price ,I just try to forget about it and hope that it will grow, don't panic and dump your coins,the market is very unpredictable and today it can fall and tomorrow going up , just keep calm and don't rush.
They are doing it because they couldn't hold it and they think that the coin would continue to drop,
Or maybe they just think that it would be better to cut lose and buy some when the price continue to drop.
Or maybe they just think that it would be better to cut lose and buy some when the price continue to drop.
This is one of the great mysteries of man. What makes them buy something when it is expensive and sell something when it is cheap. Its all about heard mentality in my opinion. People not thinking for themselves. Buying the news
These are people who give in to emotions so when they see that the price is high, they think that it will continue climbing higher and higher and they end up FOMO-ing a lot of money into it believing the price will keep rising and the would make a lot of profit. When they see the price begin to fall , the thought process remains the same but now they believe it would keep falling and they better get out while they can so they panic sell.
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