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Topic: Why do people buy high and sell low - page 23. (Read 2474 times)

member
Activity: 168
Merit: 10
March 16, 2018, 04:51:54 AM
I think the reason people buy high, besides the fact that they are investing on emotion, is because they don't know how to value a business.I wouldn't buy a $20 gallon of milk because it's not worth that much, and I think everyone would agree with that.
member
Activity: 294
Merit: 10
March 16, 2018, 04:50:16 AM
The most plausible reason is that they are stuck in a prolonged dip, so they are forced to sell them cheaply and they think that the possibility of holding longer is a risk. It makes people think to sell it, rather than the price goes down and the losses will get bigger.
copper member
Activity: 455
Merit: 0
March 16, 2018, 04:30:00 AM
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!

Most people will think in a panic way if bitcoin is decreased, they are afraid if bitcoin prices fall and then disappear. Try to think ahead, bitcoin will last for a long time, increase or decrease bitcoin is a natural thing.
full member
Activity: 1106
Merit: 166
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March 16, 2018, 04:20:01 AM
I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong
Either they don’t have enough knowledge for it or they become panicked when seeing prices going down. This is psychological for every trader to become panic at disturbing moments. And these disturbing moments comes when they see price charts are still going down and all their investments would be drown, immediately, they sell without considering any second option.

Yes , people don't preplanned while investment they invest when price will increasing at the time investment the priya will suddenly reduced the investors will panic and selling their bitcoin for the lower price.
full member
Activity: 854
Merit: 108
March 16, 2018, 04:19:36 AM
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!

That is the very common reason is to cut the losses because as Bitcoin price is really unpredictable , we really don't know what would be the end so afraid to loss big we should sell it low than losing it all.Like what happen in the last so called ultimate corrections in which my friend purchase Bitcoin at $19,800 but when it start to dip he keep on holding because don't wanna be called a panic guy then what happen next is he lost as much as $13,000 because of keep on holding. So if he just sell it low earlier maybe he would not loss that much.
newbie
Activity: 40
Merit: 0
March 16, 2018, 04:00:07 AM
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!
People do this because there is no proper fore site. Frankly, many people have done this including myself. I usually have so much regret like why didn't I invest earlier or sell earlier. If I had a very good fore site, I would have waited a bit more or sold a bit earlier. I heard some people read graphs to know the future prices of coins but I don't know how to do it. Hopefully I will learn soon.
newbie
Activity: 89
Merit: 0
March 16, 2018, 02:28:41 AM
I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong
There is highly lack of knowledge and information about bitcoin as if they were having good information about bitcoin they must know when to buy bitcoin and how much it is good to save. Price of bitcoin is increasing now and it is rising very high gradually so it is good to buy bitcoin at low price and hold it for the long time let it grow and create high amount of profit to you so that you will be rich and will have unforgettable profit after holding your bitcoin.
full member
Activity: 566
Merit: 102
March 16, 2018, 02:13:39 AM
I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong
Either they don’t have enough knowledge for it or they become panicked when seeing prices going down. This is psychological for every trader to become panic at disturbing moments. And these disturbing moments comes when they see price charts are still going down and all their investments would be drown, immediately, they sell without considering any second option.
full member
Activity: 336
Merit: 100
March 15, 2018, 03:15:06 PM
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.
full member
Activity: 378
Merit: 100
March 15, 2018, 12:40:32 PM
I think the crypto users will not sell at low than the buying price because every one want to get succeed and if the prices become low then the holding strategy is the more likely policy of the experts of the crypto market and bitcoin is the most appropriate way to invest your money and if you buy this currency at a price then the check the value of this investment in regular interval and i do not prefer selling at low price because if you wait for the short time period then you can sell this at higher than the original.
member
Activity: 242
Merit: 12
March 15, 2018, 11:11:37 AM
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 dont know how long have you been into this bitcoin/crypto world, i dont want to say that you are panic seller, but what have you did was belong to panic sellers doing.

henceforward, i advice you to divide on what your aim on this crypto world.
the first one is buy bitcoin/crypto in low price then sell it on high price. for doing this you should have standby your laptop 24 hour/a day so you will know when the price rise or fall, but the analysis is very important here.
the second one, buy bitcoin for investing, this is longterm trading, if you believe the falling price will getting rising again, hold it as long as you can then sell when you see you will get the profits.
full member
Activity: 742
Merit: 160
March 15, 2018, 11:01:02 AM
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!
Obviously to gain profit. Here in bitcoin, the value is greatly known to be volatile which makes it very beneficial as time passes by and as the value rises up. Holding is one of the best thing to do if you are longing for a great amount of income. A lot of patience is much needed because the value doesn't increase rapidly in just a short span of time so you should be mindful and aware on what's happening in the market.
member
Activity: 187
Merit: 10
March 15, 2018, 10:58:03 AM
Often times, such people come in much after dragging their feet. By the time they are ready, everyone who had money had bought and have started taking profit.

When you join a market late or you just buy because of DOMO, you often lose.
The way out, is to cut fast or HODL all the way.


And the best rule remains: if you can't afford to lose it, don't put it on the market. The market is far larger than you.
full member
Activity: 252
Merit: 100
March 15, 2018, 10:57:23 AM
Because the bitcoin market is very easily affected by bad news.And novice investors are selling when they learn bad news.These sales are an opportunity for buyers.
full member
Activity: 266
Merit: 100
March 15, 2018, 10:35:59 AM
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!

Well, one thing I can be sure about is that people do this not because they want to but because they are pushed into a corner because of fear and wrong decisions in the first place without having the guts to stick by their decisions till they see good numbers. That is you along with all the other weak handed people out there that might have invested more than what they can afford to lose which is why they are very conscious about their investments. I was also once like that but I have learned my lesson by experience. I hope you and a lot of people will be able to learn from your mistakes also as early as you can. Good luck with all your ventures.
sr. member
Activity: 476
Merit: 250
March 15, 2018, 09:58:35 AM
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!

That's funny because they do not meant to do that thing they just investing in a wrong time just like thise people who invested innbitciins when they are almost $20k in the market because they thought that the bitcoins will continue to rise up. But it didn't goes that way but instead the bitcoins fall much more almost lower than half their price in December. They do not want to buy high amd sell low they hust panic sell and cannot hold their coins anymore so they are selling it lower.
member
Activity: 308
Merit: 10
March 15, 2018, 09:51:03 AM
Since they are fearing an impact that will affect the price of Altcoin they are holding, they think the price of the altcoin they hold will decrease in the future, they do not expect good in them. So they decided to sell their altcoin at a lower price than they bought to reduce losses. This is usually the case with less capital investors. New entrants to Crypto.
People often buy high and sell low because they really do not grasp the trend of the market at that time. Most of these people invest because of FOMO without much knowledge of the cryptocurrency or crypto market they are investing in. Prepare yourself for the best in this market.
full member
Activity: 420
Merit: 100
March 15, 2018, 09:45:07 AM
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 buy when the price is high and sell when the price is low because maybe they can not read or predict the market well and can not control his emotions so make the wrong decision
full member
Activity: 420
Merit: 171
March 15, 2018, 09:39:17 AM
I have made this kind of situation when it's my very first time to do trading, and yeah afterwards i have come to my mind that i'm a f*****g insane when i do buy high and sell low, that's not a beginners luck tho. but up to this days I have seen panic seller/traders, that doesn't know how to make money roll. However, if you don't learn from your mistake then, you better to wear necklace with a name on it. "IDIOT". sorry for my words homie.
full member
Activity: 378
Merit: 103
March 15, 2018, 09:24:57 AM
I think people who do such things are people who panic. they mistakenly analyze the market price movements so they dare to buy when the price is high, according to them the market price will continue to rise. But it turns out the strategy they are doing is wrong, not profit but only losses experienced.
It is normal to panic when price movements continue to slide down, but because they also have no patience, in fact such price movements are common. and as usual the price will be high again. But not entirely like that, there are also those who are too forced to invest by using all their money, and when they need money, the price goes down. and they were forced to sell at very low prices.
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