Why do people buy high and sell low - page 35.

Tavarez

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Quote from: squatz1 on March 12, 2018, 12:03:57 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!

because most people lack reasonable thinking.... end of the last year was fruitful for bitcoin (value near 20k) and by default they expect btc to rise x2 or x3 but similar scenario probably won't happen. The first quarter of 2018 is negative trend (chart indicates steady drop in value). In some countries mining is getting non-profitable. So many bought btc when it was 13, 14, 15k because they expected it at 50K......feel pity for them.

metenjean

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Quote from: squatz1 on March 12, 2018, 12:03:57 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!

Its the part of trading which makes it an art, relax you're doing fine and its normal since we are learning to become a trader and sometimes cutting your loses short is one way to do it. I dont think buy at high is a point since there is no one can predict a high and a low, it depends on which timeframe you trading in. People who saying you're doing panic selling definitely only know to holding on their losses since so many of us are newbie in trading. Sure you can hold your investment if it drops, but how much longer can you wait if the price dropped for years and didn't even seems to bounce back. Grin

I think you're a seasoned trader and losing a good amount of profits didn't means that you lose, it just meant you gain less Grin

really01

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Market volatility is really hard to guess. So many investors follow the trend to ensure the benefits. However, there are many buyers will have who sell. When you buy it is time for others had profit. Perhaps because they dare to invest when you dare not invest.

lili song

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Some people maybe need fresh money, because of that they not care about the price / low again, they just focused to sell it soon.
But for investors is they buy when price is low and sell in high price, hold for long term. Some people they afraid about the risk, so they decide to sell it fast.

PX-Z

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Top Crypto Casino

Quote from: squatz1 on March 12, 2018, 12:03:57 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 the biggest problem of some investors that are not believing the potential of cryptocurrency specially bitcoin. This usually happens to those who are invested immediately without studying and learning what characteristics have a cryptocurrency. They afraid of losing all of their money, that's why they sell all of their crypto even if they are losing some of their investment.

cryptojac17

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Quote from: TrumpD on March 12, 2018, 04:45:19 AM

The only other reason I can't think of apart from panic buying and selling or trying to cut your losses is to "deliberately crash a stock". You can see an example of this from the movie "Wolf of Wall Street" (which is based on real life events), when Jordan Belfort decided to deliberately crash the stock of "Steve Madden" to bring the prices sooo low.

Yeah we don't really know what's really the purpose of those investors who sell at low prices and end up losing your correct maybe they just play as decoy so that the price will go down as much a what we thinking to give opportunity to those big capitalist to buy at very low price but we just think that is part of game of stock market. What we can do is to play smart in order to become financially stable.

Renampun

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Quote from: squatz1 on March 12, 2018, 12:03:57 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'm also one of those people who experience this, buy at high prices and sell at low prices, I've read the cause of this happens, and there in explain the trader's psychology was what caused it to happen is due to our fear that our money will be lost, and impatience..

kimdomingo

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Crypto is definitely unstable, it changes from time to time so no one can tell when it will go high or go low. It is good to sell bitcoin in low point and buy it at high point knowing thay you will gain and earn way more that what you sold. It really takes times and need to take risks when it comes to buying and selling because the value is unpredictable. But buying at high point and selling at low point is one of my strategies to earn coins.

TrumpD

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The only other reason I can't think of apart from panic buying and selling or trying to cut your losses is to "deliberately crash a stock". You can see an example of this from the movie "Wolf of Wall Street" (which is based on real life events), when Jordan Belfort decided to deliberately crash the stock of "Steve Madden" to bring the prices sooo low.

bitcad4u

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Quote from: squatz1 on March 12, 2018, 12:03:57 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!

The main reason for your loss is loss of patience.If the price of bitcoin is fluctuate at low value,you should not sell at panic.You have to hold the bitcoin with some patience.If you had loss the patience,you will sell the bitcoin at low price and feel later when the increase.

nl247

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Quote from: Tramle091296 on March 12, 2018, 12:58:46 AM

Why people always do this because of the high chance of getting a profit and its an easy way for trading if you want a profit even your not knowledgable on trading. As long you know the dump time you can take a profit because youll always wait it for the increasing of the price.

may I ask,rate your every trade that you get a profit while doing this strategy. 1-10, 10 is always and 1 nothing.

The high chance of profit by buying back lower is always applicable to only an experienced trader. As an experienced trader, you already know what you are looking for in a trade, but there are some times that things may go awry and you then take advantage of what is happening to cut loss and find a better position, but at least you understand support and resistance and you know how to trade.

People like OP are just weak hands, and they are the ones giving the whales chance to feed on them because they have no understanding of their investment, buy at the top, sell at the bottom and buy again at the top. Seriously, who does that?

chickenfried12

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they dont know about the bitcoin

they hear some info not true not possible they think x3 x5 x10 profit and than dont know the market price / fiat now and takes high and will see after buyinh the market crash and panic sell like that .

DrToken

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Quote from: squatz1 on March 12, 2018, 12:03:57 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!

It's usually because the weak emotions of newbie traders. Also they take spectacularly bad advices what causes poor decisions as to buy at high and sell at low.

Dreamchaser21

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Lack of knowledge is the common reason why people sold their holdings at a loss specially with the newbies. I also sold my holdings at a lower price simply because of cutting losses its normal to do that if you have your trading plan. If possible try not to sold your coins at a lower price because you will be the one to suffer on that decision.

JL421

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That's the risk they are taking by investing in bitcoin many people borrow funds , take a loan or just invest a lot in bitcoin without doing any research the main reason is pre judgement that the price will rise in the coming future but finally it doesn't happen and it falls drastically this scares them and they sell at lower cost

Semaj123

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Quote from: Sab11 on March 12, 2018, 02:43:27 AM

All of us have a lot of strategies to eary but i dont think its normal when you buy at high price and sell it in low price, to avoid this problem just please dont do panic selling when the price goes down its normal, price will not down forever, and try to control your emotion thats is one of the most enemy here in trading.

We've been through this before and still there are countless people who tend to be afraid of holding. Also, it's normal that there are people who really buy at high price and sell it in low. We can't deny the fact that we still get through our emotions of being afraid of losing more of our assets. Driven by emotions, panic selling will still be present especially those who are weak of trusting their assets.

Grimjhow

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Too fast to make a transaction ..
be patient in every transaction .. stay calm do not easily panic
panic will make you take a less right decision
in addition to doing so to cut losses, there is still another time in order to achieve greater profit .. release one wrong analysis is strongly recommended to be able to perform better transactions at other times.

siap86

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This is done because it's too freaking out when prices fall so as to make increasingly larger losses. If indeed to anticipate not experienced major losses already good but still it will be a loss. better hold course until several months so that the price is high again.

frankybutterin

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That means they are people who are easily panicked and not good at reading the market condition they are afraid of losing bigger. They buy when their high price argues that the price will go up it turns down the price goes down again then they are afraid and sell it in order not to lose bigger.to run our trades are smart currents speculate and read the state of the market.

Lupulei

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For it's strange to see that, but some of my friends did exact same. But everyone is different I guess. Also, you need a little faith that this is going up.
That could help if you can't control emotions or make smart moves. That's why holding is one of the best strategies.

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