Topic: Why do people buy high and sell low - page 2. (Read 2442 times)
Most of inventors even me don't know the future i mean what is the future price of bitcoin. No one control its price each day.
I think many times it happens that bitcoin prices get stabilization at some point and then the buzz starts everywhere that bitcoin is stable and it is getting prepared to spike itself even further. Don't be a part of panic buying and selling, sometimes you just need to believe and take the risk.
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!
Simply because of misfortune and uncertainty. The market value of Bitcoin is given to be volatile and as such,things are always possible to happen whether it is a good thing or not . Those who are buying during the increase might thought that thir investmenr could go along with the increase so thst profit will be earned.and those who are slling during deflations are just forced to cut their losses so the only thing to do is to sell. Thanks guys!
Wrong decisions in trading are most often done under the influence of emotions. People are in a hurry to approve their losses and sell their assets. In trading, the patient wins
Because many people are listening to the high earnings of their colleagues and want to try themselves without knowing in fact how this market works. And this is a very big mistake.
The only reason people buy high and sell low is depend on market condition, Most of the people don't have control on their emotions and mostly newbies survive in any type of market weather it is stock, forex or crypto, Because they are not too much familiar with market.
I think you are tempted by the high bitcoin price, and without careful analysis you buy bitcoin because it is expected to continue to increase. when prices are low you panic afraid of losing assets and selling them.
I dont know why we found the people like that. Just want to getting by doing that and selling without thingking about the long term and then getting traped by that kind situation and lose their money. Waiting is the key in investing in bitcoin
a lot of people doing that, may be because of lack of knowledge about trading, greedy and etc
Because when people heared that bitcoin price is high they will get attracted.And they buy but when suddenly the price dropped they panic and the tendency. Then they will sell their bitcoin with out any thinkin in low price.And many for such: important work come,suffering for money,marriage etc.
No it isn't right bitcoin cost can be known utilizing the mark crusade and the bitcoin talk as there we use to examine about the cost of the bitcoin additionally we can become more acquainted with about the high and the low cost of bitcoin through the market esteem rise and fall cost of bitcoin use to increment when the market will be green and cost diminished when the market will be red, so I think appropriate arranging is required to maintain a strategic distance from this sort of circumstance.
Usually the lack of knowledge and experience has such consequences.
I experience this few times as a newbee. Especially, where you are going into bandwagon system, where you panic buy, or where you buy high with the thought that the value of the specific coin will still appreciate, then sell low if you think that the target price you are trying to achieve won't make it happen, and makes you loss more in your account.
Well everyone came to that point, but we should at least learn, panic selling will not lead into good news, it will just make you more uneasy when you see the market increase in time. Regret always happen when the action been done.
That’s called panic when they buy the coin it is at its highest price and when its start to get down they get panic and sell their coins in the loss. This thing most of the newbies do and need to learn on this.
I experience this few times as a newbee. Especially, where you are going into bandwagon system, where you panic buy, or where you buy high with the thought that the value of the specific coin will still appreciate, then sell low if you think that the target price you are trying to achieve won't make it happen, and makes you loss more in your account.
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 why not try something different this time try to just hold and see if it work for you since you failed doing your trading plan
i think you better move your funds into paper wallet if you want to try holding . that may help you control you panic sell
most people who do this "buy at high prices and sell at low prices" are people who do not understand what they are doing, and most sufferings from this disease are new players
People sell even the price is less when they bought it in the market hoping that when the price continuous my fall after selling, can able to buy in much lower price which can make to return what they lost in the first investment. When you analyze the market and see that it will be long for the price to recover, better to give action, think smart strategy, not all who sell in low price lose profit. They also earn a profit doing that and it helps to be able to hold more coins.
Most people surely sold at a lower price because they were panicking during a downswing phase. Another reason is if people bought bitcoin as saving and maybe semi speculating to have sufficient money when they are old and can not work anymore, because we all know that the inflation eats the value of our hard earned money during the years. And then they suddenly needed money for something important like buying a house or marriage and were forced to sell during a downswing phase.
people buy high and sell low...this happened because when people heared that bitcoin price is high they will get attracted so they buy but then when suddenly the price dropped they panic and the tendency they will sell their bitcoin with out thinking that it 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!
Thanks guys!
Maybe it is all because of lack of knowledge and they weren't updated what is the current status of cryptos in the market.
Or maybe they sell low because they are afraid that the crypto they are holding will lose its value.
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