Why do people buy high and sell low

[Usafstar]

I think the crypto users will not sell at low than the buying price because every one want to get succeed and if the prices become low then the holding strategy is the more likely policy of the experts of the crypto market and bitcoin is the most appropriate way to invest your money and if you buy this currency at a price then the check the value of this investment in regular interval and i do not prefer selling at low price because if you wait for the short time period then you can sell this at higher than the original.

[clex_us]

people buy high and sell low...this happened because when people heared that bitcoin price is high they will get attracted so they buy but then when suddenly the price dropped they panic and the tendency they will sell their bitcoin with out thinking that it will increase again.

[gamalzour]

I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong

Either they don’t have enough knowledge for it or they become panicked when seeing prices going down. This is psychological for every trader to become panic at disturbing moments. And these disturbing moments comes when they see price charts are still going down and all their investments would be drown, immediately, they sell without considering any second option.

[Victor$]

I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong

There is highly lack of knowledge and information about bitcoin as if they were having good information about bitcoin they must know when to buy bitcoin and how much it is good to save. Price of bitcoin is increasing now and it is rising very high gradually so it is good to buy bitcoin at low price and hold it for the long time let it grow and create high amount of profit to you so that you will be rich and will have unforgettable profit after holding your bitcoin.

[Remaka]

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 do this because there is no proper fore site. Frankly, many people have done this including myself. I usually have so much regret like why didn't I invest earlier or sell earlier. If I had a very good fore site, I would have waited a bit more or sold a bit earlier. I heard some people read graphs to know the future prices of coins but I don't know how to do it. Hopefully I will learn soon.

[marcbitcoins]

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!

That is the very common reason is to cut the losses because as Bitcoin price is really unpredictable , we really don't know what would be the end so afraid to loss big we should sell it low than losing it all.Like what happen in the last so called ultimate corrections in which my friend purchase Bitcoin at $19,800 but when it start to dip he keep on holding because don't wanna be called a panic guy then what happen next is he lost as much as $13,000 because of keep on holding. So if he just sell it low earlier maybe he would not loss that much.

[akram143]

I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong

Either they don’t have enough knowledge for it or they become panicked when seeing prices going down. This is psychological for every trader to become panic at disturbing moments. And these disturbing moments comes when they see price charts are still going down and all their investments would be drown, immediately, they sell without considering any second option.

Yes , people don't preplanned while investment they invest when price will increasing at the time investment the priya will suddenly reduced the investors will panic and selling their bitcoin for the lower price.

[candra raditya]

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!

Most people will think in a panic way if bitcoin is decreased, they are afraid if bitcoin prices fall and then disappear. Try to think ahead, bitcoin will last for a long time, increase or decrease bitcoin is a natural thing.

[semarmesem195]

The most plausible reason is that they are stuck in a prolonged dip, so they are forced to sell them cheaply and they think that the possibility of holding longer is a risk. It makes people think to sell it, rather than the price goes down and the losses will get bigger.

[hagiyatmaz]

I think the reason people buy high, besides the fact that they are investing on emotion, is because they don't know how to value a business.I wouldn't buy a $20 gallon of milk because it's not worth that much, and I think everyone would agree with that.

[baconlike]

They accept selling losses because they do not expect the future, they fear the altcoin they are holding will continue to fall, all their capital will be lost. Like today's market, all red. Investors were afraid and they sold altcoin a lot, this move has made altcoin prices continue to fall. I think, should not be too worried, expect the Crypto market, they will grow in the next few months.

[Sled]

I think the reason people buy high, besides the fact that they are investing on emotion, is because they don't know how to value a business.I wouldn't buy a $20 gallon of milk because it's not worth that much, and I think everyone would agree with that.

That is a good point and they are just investing just like what you said, based on their emotion and because of the hype that is telling them that the coin will keep on going up then they get hyped up and they believed that it will continue to go up so they bought at the top and after a few days, the hype is gone and the price is falling down and they are still holding because the hype is still in there but they didn't realize that it is already late for them.

[mr_enoc]

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!

The reason why a lot of people do it because they get panic as long as btc price decreases or down.  I also become one of those people during my first month in trading and i've  learned how to control it.

[genset88]

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 for this, but most people find that they do not make a profit on the money they buy, so they sell their payment lower than the price they originally purchased. At that moment, the market will recover, and there will be more people taking part in trading on the floor.

[sana54210]

I think people who sell in low price and buy high price is does people didn't still have ENOUGH knowledge  yet. Maybe if someone will talk to there or mentor they will think that there strategy is wrong

For the beginners there are many many success stories and the advices which will give them the good direction towards the market, the best is that before making any move in the market.

Just remember that this move will effect you for a very very long time and if you fell that this move is wrong or premature than just stop and ask for the mentorship on this forum, you will get good guidance and once you have made the decision, just be sure that your decision is correct and will give you a lesson for the future.

[BossMacko]

Maybe they have a reason why they are selling in a low price like they suddenly need money to pay for something thats why even they know selling it with a low price will result a loss for them they still sell it, another reason is maybe it is their first time to investment that much thats why they panic when they saw the price is lower the amount when they bought the coin.

[jakoylantern]

For me, some people forget that bitcoin and other cryptocurrency doesn’t have a stable price. We all know that bitcoin and another cryptocurrency is fluctuating too much. I think that you are panicking to lose your money and don’t make a massive profit. The first thing you need to do is to relax and calm your self, after that try to analyze that market volume of bitcoin after examining the volume you can notice if it will increase or decrease. We all know that when the demand for bitcoin is getting higher the amount if it will grow and when the bitcoin demand becomes lower the price will also decrease. Just don’t panic sell your bitcoin and hold it. Make sure that if you sell your bitcoin, you will reach your effective rate. 

[GoodLuck2]

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.

I think it is true must better to buy on which the coins was still in a low price, But on your way i think it is not good to doing that to buy in a high price and sell in a low price where is your profit on that. You losses some of your money on your doing.

Buying high and selling low will not only cause a loss but a person will also lose the chance to earn any profit from the future value. Most of the people who show such a behavior are novices, having a very little knowledge of bitcoin or any other digital coin. They think that the price will only increase but in reality it cuts at both ends. The price increases as well as decreases. Whenever there is this unexpected decrement, people do panic selling.

[Starone1]

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 you should think before deciding to sell it, you better hold the crypto you have and do not panic too much with falling prices. Be patient to wait, the market will improve and you will get the benefits you want.

Patience is the most important thing if you are suing bitcoin as it needs time to grow and being in hurry will spoil all of your profit, better if you hold your bitcoin for long time and not to sell it for low type of profit. Using bitcoin will assure you about the future that the price of bitcoin is going to raise soon so no needs to be worry if you are suffering the dump in price soon you will hear about the highest price in the market, then it will be the chance to sell so no need to be greedy and sell try to save it as long as possible.

[Ulan01]

Many sell the coins they hold cheaply when the price drops dramatically, this is done because of panic, fear of greater loss. but some are doing it for urgent needs. because they have invested all their money without any capital reserves.