Why do people buy high and sell low

[BitPlace]

When I was new in trading I feel the same way because every time I see that my coins drop I feel I'm losing and losing so end up to panic selling then I lose some part of my money then I realize patience is the key and proper knowledge, now I always research and study on the coin or token I'm going to trade.

The goal of investing is to sell something at a price that's higher than what the investor paid to buy it. The problem investors face is determining when prices are low enough to indicate a buy and high enough to decide that selling is the best choice.

[2Godbdglory]

Yet if emotional investors lunge for the money bag when stocks soar, they don't want to be holding the bag when investments plummet. you have to hold on the investment before it appreciate the more.

[PsylockReborn]

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!

If you're doing this, then I can say that you're an emotional investor or trader. If you truly believe in bitcoin and you have more knowledge with the technology you should hodl. You are one of the reasons why bitcoin's value dips. Nowadays lots of emotional investors are engaging in cryptocurrency. You should understand that bitcoin as a cryptocurrency is very volatile. You shouldn't get panic when you see bitcoin's value going into dips because this is just normal. Bitcoin has already  proven its worth few years back so don't be emotional and stay calm. Have faith in bitcoin for it will never die.

[Yatsan]

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 scenario happens because of volatility in the market as welk as misfortune. People tend to buy even if the price is high because of expectations that continuous increase will happen. But since Bitcoin is naturally volatile, uncertainties or deflations are taking place in a sudden. As an investor you won't allow losing a lot of money so they will sell because they are worried that the dump might continue so what they do is to cut their losses. Keep in mind that holding is a must if you are aiming for huge profit.

[dreico]

I think the reason is that when they buy at a high price they think that everything will continue to grow, and then they see how everything falls in a hurry and sells in panic

[putrisa]

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!

in fact it's only done the new players are frightened and experience a very high panic because the price suddenly collapsed. while for old players it is definitely a good opportunity to buy coins of players who experience panic and sell at very cheap prices.

[jimskiy]

It the joke when you buy at the high price and sell on the low price about bitcoin or altcoin have you bought, you have make the most wonderful mistake when you do like this, maybe when some people have the planning wanna buy bitcoin they looking for the information from the other to buy bitcoin, without care about the situation on the bitcoin, but when the bitcoin touch on the low price they have panic and sell the bitcoin on the low.

[tanghere02]

I don’t know why people buy coins at a high price and sell them at its lowest when it is the other way ‘round? Think about it, how can you profit something when you buy them at a high price. You can’t gain something if you sell them at a low price, you should sell them when its price is at least 10% of the amount you bought them in.

[ov3rflow9x]

people buy high and sell low because they don't known anything about trading and what is that ! If people before make any trade learn about trading and try to trade on demo accounts or with micro amounts they will not do same mistakes like everybody do !

[Lyne1982]

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!

definitely your correct! because of some situation that people need the money , when they buy coins at high cost and they expect to sell for good price but comes the situation that the price drops so they have no choice but to sell the coins in order to fulfill their needs of emergency.

[Jazvebtc18]

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 think your strategy of investment and trading of bitcoin is not good. It is a panic strategy. Why you will buy at a high price which you can't get enough profit for that, while selling it in a low price. It should be buy low, sell high strategy. It is a famous investing adage about taking advantage of the market's propensity to overshoot on the downside and upside. Although it is very simple, it is difficult to execute. It is easy to say whether a certain price is low or high in retrospect, but in the moment, it is monumentally difficult. Prices affect the psychology and emotions of market participants.

For this reason, "buy low, sell high" can be challenging to implement consistently. Traders can use tools, such as moving averages and the business cycle.

[turagsoy123456]

There's really no other reason for doing this than panic selling to avoid losses. It all starts long before people even buy their first cryptocurrency. Most of those who buy high and sell low (panic sellers) adopted a herd mentality, they followed the majority and eventually they gave in to Social Proof: "if everyone else is buying cryptos, so should I". Since they didn't do a proper research about cryptos to understand how volatility, fluctuation, and the cryptocurrency market works, as soon as they see a dip or red numbers they'll give in to emotions and they enter panic mode as they'd rather sell their cryptos asap than losing all their money. It's all common human behaviour.

Actually this type of people is lack of strategies. They have fear or doubtful about losing their money. Without even think that they buy their coins in a very high price. Investment in cryptocurrencies is just like a games if you want to win you should do a research about the real situations of cryptocurrencies, Because the price of crypto is volatile, so if this people know it. Then there's nothing to worry if the price of crypto going down. They already know that this is a normal situations, they have their patience at all.  

[naidray]

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!

Definitely you are one of those panic sellers. When price is high, you buy because of thinking that those coins will still go up to the moon without realizing that sooner or later, the price drops. And when the price drops, you sell them because you think that it may keep on decreasing. Those moment, you are panicking and thinking that its better to sell in lw price than to have nothing.

Apparently one of them. A lot of people have always made this mistake anyway and it seems no matter how we keep saying it, people will keep falling for it. They buy into FOMO, the whales see that as a spot to strike since there are already weak hands and greedy guys in the market, and then it all starts and then people like OP panic easily since they have no understanding of the market's volatility and then sell low only to realize the market recovering and coming back higher than before. We do not always say HODL for fun, it is from experience.

[Apened]

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!

Definitely you are one of those panic sellers. When price is high, you buy because of thinking that those coins will still go up to the moon without realizing that sooner or later, the price drops. And when the price drops, you sell them because you think that it may keep on decreasing. Those moment, you are panicking and thinking that its better to sell in lw price than to have nothing.

Apparently one of them. A lot of people have always made this mistake anyway and it seems no matter how we keep saying it, people will keep falling for it. They buy into FOMO, the whales see that as a spot to strike since there are already weak hands and greedy guys in the market, and then it all starts and then people like OP panic easily since they have no understanding of the market's volatility and then sell low only to realize the market recovering and coming back higher than before. We do not always say HODL for fun, it is from experience.

This is so common and happens everyday the volatility of the market that shakens every emotions of a trader that fell into a panic attack that is become a buy high sell low. You're right a Fomo for all of these traders and becoming greedy to earn more for short term will be end up to this sequence. To hold is the best to keep on your favorite coins and try to be back when the market is all green.

[munareal]

Basically people buy high and sell low because they want to cut their losses especially if the are traders. If not in trading will will rather HODL and sell low and wait for the time it will rise again to sell

[KnightinPink]

Well that's crazy you can't save money for that. I think people would be like that if they are panicking about on something that they are not sure if the price will never rise up

[torch2121]

For me this happens to newbie. When they panic, they sell in low price. Having a thought that the market will never go up. Instead of holding their investment and sell on the right time. They make a decision to sell now having the thought that the market will go down more.

[Ejanend]

When I was new in trading I feel the same way because every time I see that my coins drop I feel I'm losing and losing so end up to panic selling then I lose some part of my money then I realize patience is the key and proper knowledge, now I always research and study on the coin or token I'm going to trade.

The goal of investing is to sell something at a price that's higher than what the investor paid to buy it. The problem investors face is determining when prices are low enough to indicate a buy and high enough to decide that selling is the best choice.

Or it can also be the case that investor become impatient or lose trust in bitcoin. Actually it is the case most of the time. People do not understand bitcoin or their respective investment tool very well and whenever there is a bad time, they leave their asset in the lurch according to their thought of saving themselves from any further loss. Most of the bitcoin investors show this behavior during the dump and that becomes regret in the future.

[richjohn]

Panic leads to such situations. Every time the coin starts falling by 5-10%, people begin fearing the worst that the coin would lose all of its value, and hence, people begin panic selling. This leads in price falling even further and hence people contributing to the dump. As a result of this, the big whales get an ideal opportunity to buy the same coins at a lower price and make the profit. This has been the trend since the very beginning.

[dufojeb@eth2btc.info]

They don't understand the market.