Why do people buy high and sell low

[yrrehc16]

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.

[joebrook]

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.

[Flickkk]

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 can say that is some Strategy for some rich investor who buys alot of Coins even they are in high price then they will Dump so that many Panic sellers will
Sell their Tokens at a Low price.
then the Rich who's the one that started selling hes Coins on a low price.
will going to buy all the Dumped Price  until he can Hold a huge Percentage of Circulation where he can
Sell it on high Price Someday.
it is only from my Observation .

[darrly]

You are one of those who do panic selling and panic buying...

People do this simply because they are hoping for the price to go higher than it was. You should never do that. You should buy at low price and sell at a high price what you are doing is wrong.

[SHAWN-MIDWAYS]

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!

Just wonder why most of us defend ourselves with the "sell now to cut your losses" pickup line when we all know this is nothing more than panic selling, and as far as the buy high and sell low habit still exists I think FuDsters are to blame for such as its one of their tricks to get cheap coins.

[litepresence]

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 are one of them among like buying at high price and selling at low and facing the loss and missing out the profits then are you definitely a panic trader. Panic is one of the emotional character which ruins a ability of a good trader. You are overthinking and worried about the amount you invested and selling you coins to prevent great loss which you think its smart but its such a great mistake who do this without much experience and analysis.

[Domenc]

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 have also many coins when they were all time high but never traded them at low till now, after all its my money and I will never think it of wasting by buying high and selling low. But many people fall under this trap and its generally when people give up their hope on a particular coin. I believe every coin have their lucky day once in a while and one should wait for that unless you are in urgent need of money don't sell at your own loss.

[zakirazak]

when the need to overcome the desire,
then it pushes it into factors and emotions that move together in market sentiment.
only high desires will help them to looking for the alternative way to cope with the need if they are a wise investor,

The wrong concept of investment is a major factor when they ignore the old principles.
the money invested must be the money forever rested from,
to daily use for a long period of time,
they should not invest with savings or take from monthly budget
because this would make them sell their digital assets at a loss to cover their contingencies budget,

I do not see panic as an issue here,
but more to the lack of knowledge and experience
making them ignore principles and structures investment trend that fit their own finances.
"hold" does not mean holding up until the price rises,
but in the concept of expansion of investment size,
hold is a mean leads to the term retaining the original source and selling the ancillary resources at competitive prices,
for the purpose to give advantage on your digital daily currency (original source)

[jrrsparkles]

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!

Panic is the reason behind buy high and sell low,you need to control your emotions and keep patience while the price is falling and it is the good time to buy because if we want to make profits buy low and sell high is the formula.

[Boh manok]

There may be some people who do not understand about tranding and those who sell at this low price may be panicked in making sales, they are afraid of losses when the coin will rise again even though now down again you are quite patient and the coin will rise back again and you can get back your profit Back, my message do not panic in doing coin sales.

[Shamie1002]

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 is not like you have done it on purpose.
You bought during high price because you thought if You would buy at a moment, it will go higher than it is currently handing. And selling low is like panic selling and it is a long chain that drags other users with you so as an advice try to avoid panic selling. The mentality of a person will always be affected by anything and as for bitcoin it can depress you anytime.

[BCTBF]

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're just wrong in buying or starting, and you should wait more patiently until the price rises again or at least close to the time you buy, so you do not lose much. Patience is the most important thing in trading.

[MakeMoneyBtc]

People buy high and sell low because they are newbies and they dont know much about cryptocurrencies and how the market works so when they see that the price goes down they are afraid and think they will lose all their money because the price will go down and never come back. This is obviously a big mistake made by them but in the same time it is probably a good thing,if they didnt invested a lot of money because they will learn in the future from their mistake when the stakes will be higher.

[kimochidesh]

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!

When Price is growing, it creates an aura of excitement and positivity in the market which attracts the buyers and small investors to enter the market. But big and smart traders start booking profits and exit from their position which a create an era of panic selling and price crashes.

[OuterTech]

The usual trend and experience of traders are to buy low and sell high. Newbie investors are likely to purchase cryptos at peak prices, after which the exchange rate will fall causing the panic sell action to cut losses. Be an intelligent investor, analyze and monitor the market to make the most accurate trading decision!

[Canis Majoris]

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 what your reasons are, but I think I can explain why most newbie traders end up buying high and selling low. There is an old trading wisdom which says that you should cut your losses short but let your profits run. However, many inexperienced traders busy themselves with pursuing small profits here and there while completely ignoring the second part of this wisdom. Then a major price drop arrives but instead of cutting their losses short according to the wisdom, they keep their losing positions until they have to sell at a big loss. So in the end it turns out like they buy high and sell low.

[charlotte04]

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!

For me, the reason for that is being not patient with the market. Sometimes to need to wait for the market to go down before entering, all of that because of being FOMOd or something, wait for it to go down and see if it is a good time to buy.

[bib24]

These is the result of panic attack. People do sell lower than their purchase price to dispose it easily, because they were afraid if they will hold on to it they will lost more.Due to negative news flying around, and value being shaken a bit they can't handle the risk any longer. Their are some people sell due to certain circumstances that they need  money urgently.

[khaled0111]

Many people do the same and the reoson is obvious, when the price is high we become greedy and start thinking that it will rise more and more so we buy.
But after a while the price start dropping and because of fear we sell even if we are going to loose.
The solution is to remain calm and wait for the right moment when buying or selling.

[Baser]

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 people are inexperienced and not trusting. The first time I made this mistake. Now I am applying the first rule of trade. I buy it cheaply and sell it for nothing.