Topic: Why do people buy high and sell low - page 8. (Read 2474 times)
This are people who don't do their own research and sell because they think they will lose even more money. They don't understand that you need to have patience to make money in crypto. And they don't understand that the only way they lose money is if they sell.
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!
Panicking is one of the main reason why we lose money in trading. We should learn on how we will control our emotions for us to avoid panicking. We can earn more money if we can make decision properly. Thanks guys!
That's because they are panicked and impatient waiting for the period in which coins can rise again the price.
They assume, by selling now will reduce the greater losses.
They trade with a matter of speculation.
They assume, by selling now will reduce the greater losses.
They trade with a matter of speculation.
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 are the panic sellers! It is one of the reason why they are losing there money. They are buying when the price is high and they will sell it if the cryptocurrency market crashed. We should avoid panic selling for us to avoid 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!
Thanks guys!
Simply because that it the most effective strategy here in trading if we really want to earn a good profit through holding. People buy at low and sell at high price because that is a wise choice for them to earn better without losing their holdings. It is just a simple rule or strategy that traders must do and it is up to you to do the same things as well.
I think that's a part of panic buying and selling
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!
To be honest this thing has happened to me like 3-4 times already and the reason was panic selling.
The market is extremely volatile atm and there's a huge fluctuation in the price of most of the coins which lead most of the new crypto traders to panic selling and this explains everything.
I think when before buying, you're wrong in the analysis of the coin you want to buy, and that's what makes you lose money.
but be patient because it's just a matter of time, the coins you buy the price drop dramatically at this time, but we do not know tomorrow, you better hold the first coin and you can play in another coin. Because I believe all businesses have a circle where there is a moment when it goes up and there is a moment when it goes down.
i don't know about this normally people buy bitcoin when its price is low and then they sold when its price go high . but be patient because it's just a matter of time, the coins you buy the price drop dramatically at this time, but we do not know tomorrow, you better hold the first coin and you can play in another coin. Because I believe all businesses have a circle where there is a moment when it goes up and there is a moment when it goes down.
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 don't know why people will do this strategy as if in the first place they already loss their money for selling it at losing price. I'm expecting that people will hold and protect their coins as not to be sell in a downfall trends. Although we have a different strategy I myself uses my patient not to distract on those downfall as I know that it's only a test how strong your faith on this technology to rise from above all trials. Thanks guys!
In my opinion. Buy high and sell low see a lot of reasons. They are not alert enough to realize that the crypto market is risky. They are subjective and easily fall into the psychological panic of disturbed news and deliberately trying to create FUDs by spreading it. We invest in crypto and depend on the mining process because it is characterized by profit. So, just be aware and have faith in bitcoin and crypto. The market will soon return as the essence of past greatness by bitcoin.
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 you are in a panic mode. It should be the other way around buy when the price is cheap and sell when the price is high. Some of the reason is that we don't want to lose that much that is why we sell when the market dives.
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!
To be honest this thing has happened to me like 3-4 times already and the reason was panic selling.
The market is extremely volatile atm and there's a huge fluctuation in the price of most of the coins which lead most of the new crypto traders to panic selling and this explains everything.
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 100% sure that high-end buyers are new to the Crypto market. Previously I was also a high buyer and sold low price because I was so scared when I saw the red market price. but now i will hold until the price increasesThanks guys!
Well I guess you are one of those guys that gets fomo so you bu the coin and then when it starts to dump you panic so you decided to sell all your coins in losing position. These experiences is normal specially when you are new in trading but if you keep on doing the same mistake then maybe trading is not for you.
All have taken that part to panic selling especially in the newbie times or noobs in crypto. No one would learn how to hold if he did not face the challenge of losing money. In this stage the OP is asking and having a lesson after or before he experience selling at loss. 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!
Buy low and sell high is for the people who is panicking when the price of the market was continue to drop down they are afraid to loose their money, your are high rank but still you didn't know the movement of the market, but the best thing to do is to study the graph of the market and don't panic when the market is continue to fall your investment is not for short term but for long term. Thanks guys!
This is the type of investors who rides on the train in its last station not knowing that it would eventually go back after that. This is the people who only invest once the bitcoin blooms like what happened on 4th quarter of 2017 who is just taking advantage of the mooning. They are usually the greedy once who just wants sure profit but later on regrets it and sell at the low price.
Well I guess you are one of those guys that gets fomo so you bu the coin and then when it starts to dump you panic so you decided to sell all your coins in losing position. These experiences is normal specially when you are new in trading but if you keep on doing the same mistake then maybe trading is not for you.
I think when before buying, you're wrong in the analysis of the coin you want to buy, and that's what makes you lose money.
but be patient because it's just a matter of time, the coins you buy the price drop dramatically at this time, but we do not know tomorrow, you better hold the first coin and you can play in another coin. Because I believe all businesses have a circle where there is a moment when it goes up and there is a moment when it goes down.
but be patient because it's just a matter of time, the coins you buy the price drop dramatically at this time, but we do not know tomorrow, you better hold the first coin and you can play in another coin. Because I believe all businesses have a circle where there is a moment when it goes up and there is a moment when it goes down.
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!
Some of the people do that don't know well about trading. Many newbies were trapped in the crash and they sell their coins because of FUD news. Trading is not easy, some people become panic sellers because they thought that the price will never go up. There are some people that buy crypto halfway of the bull run and if the price will dump, they are fear to lose their capital. All of them are the reason why many people buy high and sell low.Thanks guys!
I also experienced losing many times on stop losses especially in forex but I have no regrets on it. There is nothing wrong using stop losses in your trades but make your analysis better and look for the kinks. Experience and studying more helps a lot.
...Agreed, that experience and studying more helps a lot, because experience is a good teacher while studying gives more knowledge. Actually, every traders has a different strategy to recover their individual losses, but the best remedy is as same as yours that we have no regrets on it. Jump to: