Why do people buy high and sell low

[Harley29]

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.

They must not be aware of the real nature of bitcoin, mate the price of bitcoin use to increase and decrease all the time, bitcoin will never get the same price as it use to grow with time. Today the price of bitcoin is high and you bought so then it is good to hold it and not to sell it till the price rise again, I think best thing in bitcoin is to buy it at low price and then wait let it increase, sometime the people lose patience and they sell but it is not good for them they should wait more and more,

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[robjeiter]

because people trade based on emotions and not based on rational considerations 

[Theones]

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.

[NavI_027]

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.

[passwordnow]

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.

[soenaderecho10]

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.

[btc78]

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

[dificanovi]

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.

[btcjocan]

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.

[sharm2121]

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!

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.

[rapperug92]

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

[rujak cingur]

Many people buy bitcoins at high prices and sell them cheaply,
They panic and fear the bitcoin prices will continue to fall and then they sell for a very low price, this is a bad decision in my opinion.
because they do not believe and can not wait for the price of bitcoin back up

[mary0919]

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 could happen to people who are get panic and scare to lost their money that is why there are selling coins although they bought it in high price. For me although the price is down and I bought the coin high price I will sell my hold instead I will wait for the right time when to sell and I will keep monitoring its updates in order to know when to sell.

[knightmairesaint]

The main reason is to gain profit, as simple as that. It is very obvious that you only get losses instead of earnings when you buy crypto in higher value and sell it in a lower price, right?.

Anyway, it seems that is not your point but now I understand after reading the previous replies. All you want to say is why there are people who do panic selling? (am I right?) Well, I'm confused a little bit also, the principle of "buy low, sell high" seems very clear for me but I don't know either why others prefer to break it. In my opinion, they made bad decision like that because of emotional factors. There's a big possibility that fear conquers them every time btc deflates larger than the usual or maybe because they need money due to an emergency.

The second reason is considerable but panic selling because of a deflation? That's very wrong. Just a tip, you should look in terms of btc and not in terms of fiat. You just conclude that you are losing money because the equivalent amount of your btc in fiat decreases but in reality the btc you have is the same all way round.

[Twinscoin2017]

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 tend to buy when prices are high with the hopes that prices would continue to go up and then sell when prices are going down to avoid and/or reduce their loss.

I believe that the person who do buy high sell low process is commonly the person that has a low experience and lack of my trust or maybe patience as well. It is the most worst problem that can really contribute through a huge dumping of the Coin price in a market place. The nature of bitcoin price which is pump and dump is really require a patience, if we are out of patience maybe we are not belong in here.

[fanBit101]

I think it comes from the psychology of panic and are part of the standard equipment knowledge, experience in the market. they are easy to fail before the volatility and intense competition.

[jayhawk1]

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!

Maybe you are buying coins at the hype and uptrend, try to research more on those sleeping coins and hold them for a while.
People are losing money because they are riding the hype of the market and fud in social media, Most people who are really successful in trading are those ones who bought coins on their stable trend and wait for the right time to earn.

Most of the newbies don’t know anything regarding the market and that they fail to understand what to do at time when the market is falling and because of which, they decide to sell their coins at cheaper rates. Other than this, loss of control over your emotions also make a very significant role and then makes you feel regret of what all you had done as this made you lose your money.

[reighbut2017]

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 so many reasons why people buy high ang sell at low price.
1. Financial problems they need to exchange fo cash.
2. Change of business priorities.
3. Panic of investment due to excessive drop of price in the market.

[WealthyMatt]

They think that btc will fall down so it’s not worth it

[farwellbit]

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!

Why do you even do this at all, When you buy high, never sell and continue to hold even when the value is plummeting and remember you haven't made a loss until you sell the bitcoins that you initially bought, so the next time you buy, be firm and resolute.

To avoid such clumps saturations it is often advised to go for low buying. If you have got much money to buy even at higher prices, better is to wait until the prices gets low and only then buy. Because at that you’re buying will become more efficient to produce results than the other case. But somehow if you unfortunately bought at higher price, don’t sell it until the prices get over your buying amount.