I think that's a part of panic buying. Bitcoin went down and they started panicking and selling everything. Otherwise it will be lost
So You must carefully and make the right decision
Topic: Why do people buy high and sell low - page 29. (Read 2474 times)
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!
Why your accepting to lose some of your money? dont do panic selling, maybe if you see that your money is decreasing and you think it will not survive thats why your selling your bitcoin low. Just wait till the price increase dont sell it low in investment you need to have patience and stop thinking about negative things.
People like to buy when the price is rising. They look at the chart and are afraid to buy too late. And they become desperate when the price is falling and they decide to sell so they will not lose everything.
It is not a decision made in a planned way, with graph studies or imagining a long-term scenario.
It is just the reaction of the whole environment around you. It is lack of information, since often when something extraordinary happens, good or bad, the news never arrives completely. First, you get rumors in the forum, in twitter, in the telegram. Then start the news on specific sites and finally the news on reliable sites.
FOMO is one of the reactions that you need to better control, study and understand if you want to continue in this market
I believe that people would do crazy things if they are maybe in the badly needs of money, I think only fool would do buying high and selling low except to those who are in badly needs of money for survival. I think no individual do buying to lose profit many people do buying in purpose of making profit. It is not a decision made in a planned way, with graph studies or imagining a long-term scenario.
It is just the reaction of the whole environment around you. It is lack of information, since often when something extraordinary happens, good or bad, the news never arrives completely. First, you get rumors in the forum, in twitter, in the telegram. Then start the news on specific sites and finally the news on reliable sites.
FOMO is one of the reactions that you need to better control, study and understand if you want to continue in this market
people who buy at a high price because they do not know the price will go down, so than they get a huge loss then they are forced to sell at a cheap price.
there are also people who sell at a cheap price because they really need money and there are also people who sell at a cheap price because they can not be patient waiting for the price to go up.
there are also people who sell at a cheap price because they really need money and there are also people who sell at a cheap price because they can not be patient waiting for the price to go up.
This will happen whe you dont do your homeworks,before buying anything you must make a proper research,analysis and studies aboit the prospective coins ,because if you missed this what will happen is failure.and thats the buying high and selling low
I think that you panic too fast, when crypto fall down, you need to hold your coins, not sell man, it's not good idea.
I think people sell in a low price because of panic and dont have a trust in currency and for cut investors of losses on money so that sell in low price but if you have a trust in your currency you hold it becuse all currency is good for investment and there a chance to grow up the price so that dont be risky for your succesful life.
Panic is the only reason and lack of charts analysis leads people to buy high and sell low.
Lack of analysis leads every new investor to buy even during ATH's.
Panic makes them sell even they have lost 5%-20% of their total investment.
Lack of analysis leads every new investor to buy even during ATH's.
Panic makes them sell even they have lost 5%-20% of their total investment.
Why would you buy a coin for a higher price and sell it for a lower price? 
That's incredibly insane. Better study for more because if you continue that kind of attitude then your further losses will pull you down deeper.
But if you are pertaining about hodling coins, that deed of yours is called panic selling. It's an act of forced selling due to some factors like FUD and big dips in market. It seems that those factors scares you a lot that's why you are always ending up selling though it is not a good move at all. My tip for you is to remain calm, don't be too emotional and HODL! Always think that everything is gonna be alright.
That's incredibly insane. Better study for more because if you continue that kind of attitude then your further losses will pull you down deeper. But if you are pertaining about hodling coins, that deed of yours is called panic selling. It's an act of forced selling due to some factors like FUD and big dips in market. It seems that those factors scares you a lot that's why you are always ending up selling though it is not a good move at all. My tip for you is to remain calm, don't be too emotional and HODL! Always think that everything is gonna be alright.
I think that you panic too fast, when crypto fall down, you need to hold your coins, not sell man, it's not good idea.
because people trade based on emotions and not based on rational considerations 
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!
There are many reasons people buy Bitcoin at high prices and sell it at low or even meager prices. In my country, there are quite a lot of Bitcoin sellers at low rates because they buy at high prices and face many risks. So they sell their Bitcoin to cut losses.Thanks guys!
Correct, instead of loosing everything then better to just sell it low than nothing. It happen to me already but of course I don't like it. Its best of course to buy low and sell high.
Stop being a noob. If you just keep holding your coins during a correction, you aren't actually losing anything. If the value goes down, you have a statistical loss on paper, but the reality is that you still have the same number of coins. People quite often just focus on the fiat value, and that's where they go wrong. Focusing too much on that aspect will make you panic sell sooner if you aren't comfortable with your investment. It's normal if it happened to you the first time as starter, but if you repeatedly make the same mistake, you obviously aren't learning anything. In that case you're better off just not investing at all, but in order to come to that conclusion, one needs to be willing to acknowledge that....
I experienced this before and my reason why I sell my coin for lower price is im not certain if the value can manage to increase again so I tend to panic sell and lose my patience to wait for it as im afraid the coin will totally drop the price or become delisted in exchanges (a typical mindset of newbie). I realized emotion has something to do with it and we must know how to control it to avoid unnecessary decision.
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!
There are many reasons people buy Bitcoin at high prices and sell it at low or even meager prices. In my country, there are quite a lot of Bitcoin sellers at low rates because they buy at high prices and face many risks. So they sell their Bitcoin to cut losses.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!
EMOTION is the major thing why do most people do made such act and I do believe this is been experienced on most traders when we are still a newbie even just on sole investors who are holding up.Even myself do experience this on where I do buy high and sell low later on when I do saw price decrease on the coins which I do hold in my folio but as I gained experience all things do changed and I do know what to do on price declines. Thanks guys!
I thınk there is two reason for this. One urgent need of money two panic sell. When prices starts to fall down people sells like crazy because of panic. If there is a need for urgent money they can also sell from low prices. I dont think there is another reason to sell low.
They are doing it because of their fear of losing more money ,
They bought it because they think that they could gain a profit from it and they ended up losing more.
They bought it because they think that they could gain a profit from it and they ended up losing more.
True, they don't want to lose too much or they panicking. I think those person is a beginner, they have no enough knowledge in the market instead of earning money opposite is the result.
In crypto world, to earn profit we need to wait the right time for the price, patient and experience are key to earn a bunch money.
No one really likes to buy high and sell low. It is just that they don't have any other option. Sometimes, they don't have patience to hold longer. And sometimes, they know if they hold more, they will lose more so it is better to sell now with small loss than later with greater loss.
Correct, instead of loosing everything then better to just sell it low than nothing. It happen to me already but of course I don't like it. Its best of course to buy low and sell high.
No one really likes to buy high and sell low. It is just that they don't have any other option. Sometimes, they don't have patience to hold longer. And sometimes, they know if they hold more, they will lose more so it is better to sell now with small loss than later with greater loss.
Cause people are just buying coins when the price is rising and they think that price will grow and grow and grow but suddenly it is just falling down and people panic and sell coins to just take as much as they can after this down.
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