Why do people buy high and sell low - page 5.

Babylon

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Quote from: squatz1 on March 11, 2018, 11:03:57 PM

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!

Uhm don't buy when it's high though monitor the price on the marketplace , they do buy low and sell high to gain some profit not buy high and sell low , probably it's a big loss though. And by this act or method this affect the marketplace volatile , so are bitcoin.

tuikindu01

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I think these people who buy low and sell low may lose confidence in the market, so they will lose money and sell COINS. I think these people tend to have no confidence in the bitcoin market. The past experience of bitcoin has shown that big swings are normal, so don't sell your COINS at low prices, and the market will eventually recover.

boksoon

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Quote from: squatz1 on March 11, 2018, 11:03:57 PM

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 had to buy something high value Items without any research if it is useful or not, that's some of them are discourage and eventually they are selling their item in a low price value for the sake of capital to avoid zero profit also their capital become nothing.

HPQ.IO

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Just panic sellers.
You need to have a strong nervous system to trade.
It is not easy to see how the cost of your assets goes down, your money on the monitor disappear...
Not everyone can stand this.

patz22

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Believe or not, people have this mentality nowadays or even early ages that whatever is trending they will buy it even the price is high same in this business I see a lot of people buying crypto when it is trending in cmc or in exchanges but once they see that it is in dip or dipping they will sell it without noticing that they're lossing money. This is a natural behavior in this business and even we say that we are a hodler I doubt it, we will find our way to cut our losses.

Dannaey

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I've done that before. I am just a beginner and do not know much about the movement of the crypto market. So when I saw my portfolio and started to lose, I was so afraid that I might get lose all my investment. The hard part of being a newbie is that you don't know when to buy and you end up buying at the high entry point.

ezajavo

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I think the reason people buy high and sell low, the fact they are did on emotion and panic selling, because some people don't know how the bitcoin value itself, Emotions will play the biggest role in their decision to sell at low prices. but every problem can fix, with aware of the problem and then come up with a plan to stop it.

mackenzie5

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Bitcoin is the very strong currency among the crypto market. Its market value is very high through out the world .The working procedure of bitcoin is changing the entire global finance concept and the global economy.The availability of the bitcoin in the market the customers feels that the transaction will be very easy and smooth.Bitcoin could achieve the investors confidence and more people are attracted to it.The new comers might be investing blindly and prior to the study of the market pulse.If a new comer is entering to the market to high rate he will be panic while the market is dropping and it will be selling and booking lose.

log201800

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心臟不夠大顆

skillink

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The thing that mainly makes this happen is panic, but there are times when the coins will go down but the best option is to sell them at a price slightly lower than very low. Before doing all that you have to understand the character of the coin you are trading

Bijikopi

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actually the person who sells at that low price is the one who panics and the person who needs the money. if the person is panicked, when he knows the low price he will immediately sell his coins, because he thinks the price is going down he will lose more. when prices could rise again.
if people need money, they will sell on any condition, even if the price is low he will sell it because he needs money.
no one wants to lose by selling at a low price unless he panics and needs money.

Sithara007

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More than 90% of those who are selling at a loss had purchased Bitcoins thinking that BTC will make them millionaires over-night. These guys don't have the patience and therefore they are dumping their coins. Good for Bitcoin, I'd say.

Choii

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Quote from: Sir mikolo on March 12, 2018, 12:05:30 AM

I don't think it is normal to buy high and sell low but when they don't believed in the future of their investment the do.

It's not normal, people they trade because they want to gain money through trading the reason why they buy at the high price and sell when the price get dump, coz they don't know where the market can go and they don't have enough knowledge how to handle the risk especially in volatility, so if you are a beginner much better to invest rather than to trade but make sure the token that you want to invest have a potential to grow.

KennyR

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The volatility of cryptocurrencies were quite high compared to that of the other trading platforms such as forex, valuables, metals,etc. Unpredicted market variation takes place at some unexpected time period. It is our responsibility to keep track of the market and decide precisely.

Gabb

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Quote from: squatz1 on March 11, 2018, 11:03:57 PM

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 why people tend to act so stupidly. In the first place, many of the people who are entering this market have no prior trading experience, and the only reference they have to make a buy decision is the "intuition" guided by the rumors. In addition, these decisions have a strong emotional support and little rational judgment, which would imply a solid money management, of which they generally lack.

That's why very few are getting rich (the smart ones), while many come here to leave their money in the hands of the smart people (the fools).

mostkey

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Quote from: waichi on April 07, 2018, 12:19:01 PM

Quote from: mostkey on April 07, 2018, 11:56:44 AM

Quote from: squatz1 on March 11, 2018, 11:03:57 PM

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!

this can be said with the term cutloss. it happens when we go buy at a less precise time. so cutloss is the best way to avoid more losses. and can move trades in other crypto. so it can restore the profits there

I never cut loss. Though I noticed that when a certain coin already reaches its peak, it will be hard for it to reach again its peak price. And with this market crash, we have been experiencing for almost 3 months, I am also thinking about selling at a low price just to cut my losses. But I never did, for the fact that bull run is coming. When the bull run comes, all coins are pumping.

but the question is when will the market will come? we never know when it will happen, and if we allow our losses to continue this will be very risky to the income we have to meet. I suggest you must have a mature decision to cutloss and start trading other coins

mitokesre

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Really it's about psychology combined with impatience. Trading is all about patient investors taking from inpatient investors. Be the former.

Folks just give into FUD / FOMO and lose their minds. Focus on the analysis and trust in that.

futuret

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Quote from: Maloramo on April 07, 2018, 08:56:09 AM

Because no one ever knows where the highest price will be and where the lowest price will be. Your purchases and sales are random points on the chart.

No it is not right bitcoin price can be known using the signature campaign and the bitcoin talk as there we use to discuss about the price of the bitcoin also we can get to know about the high and the low price of bitcoin through the market value rise and fall price of bitcoin use to increase when the market will be green and price decreased when the market will be red, so I think proper planning is required to avoid this kind of situation.

Kittygalore

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They buy high because maybe they're just beginners and those who doesn't check the price history is the ones that gets it. Those who sell low are those panic sellers who sell their Bitcoin because they think bitcoin might fall because of the price drops after they bought. This causes a lot of loss in profit, for those who are veterans on Bitcoin investing will surely hold when the bitcoin is low and wait for the price increase then sell what they bought.

spyerf

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Quote from: bekohkoning on March 17, 2018, 09:13:02 AM

maybe your reason is a bit acceptable or reasonable, but for me people who buy expensive and sell cheap because do not know how to work bitcoin, even some people sell cheap because of panic after hearing bad issue of crypto ..

that makes sense. sometimes people sell just because they imagine a lot of profits, but their knowledge and mental are not yet ready to go through it, so they sell cheaply when market prices go down or even bad news about crypto that only leads to losses.

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