Why do people buy high and sell low

[avalence]

investors have their own goals and strategies for doing business, therefore they may sell them because they need the capital to reinvest their money to the new altcoin.

[beej]

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 that's a classic case of panic, plain and simple. Panic and desperation overpowered your capacity
and strategy to counter a red day in cryptocurrency. Some have better reasons than others, whatever
reasons one must have, we should all respect that. A good lesson should be there somewhere, In this
venture, most of us aim to profit and look only forward to a green day. But it's not the case most of the
time, I believe crashes and dips are more common than price climbs and spikes. Strategy requires
patience, anticipation and preparation. A red day can indeed turn into something of a good opportunity,
you just have to look and understand it on a better point or view and work your strategy one red day
at a time.

[campica]

That happen to the people with low knowledge about bitcoin. Most of them probably heard for bitcoin on news when bitcoin already hit $19 000 , so they thinking that if they invest now that they will get huge profit.. Then bitcoin drop to $10 000 and people start panic sell because they heard on news that it's over and bitcoin goes back to $1000 , so they take only $9000 lose per bitcoin.

[drew314]

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 reason is also the main reason of all the peoples who buy high and sell low prices because they also want to cut bigger potential losses if the prices of their holdings continue to decrease. For that is the best you can do to avoid lossing all your investment.

[eriwis]

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 people like this are too excited and too rash. They buy high prices because they believe Bitcoin prices will rise higher than the capital they spend. But in fact, when the price dropped, they panicked and eventually sold Bitcoin that they have with the goal so as not to lose too much for fear the price could drop more drastically. Maybe this is my translation.

[bekohkoning]

maybe your reason is a bit acceptable or reasonable, but for me people who buy expensive and sell cheap because do not know how to work bitcoin, even some people sell cheap because of panic after hearing bad issue of crypto ..

[DonFacundo]

I think it's normal for newbies in crypto world that you panic selling when all coins huge down, just like me when I was newbie, but I learned the lessons that we should have patience, the knowledge about cryptocurrency and the strategy so you will become successful trader or investor.  

[goku1525]

I think it's normal for newbies in crypto world that you panic selling when all coins huge down, just like me when I was newbie, but I learned the lessons that we should have patience, the knowledge about cryptocurrency and the strategy so you will become successful trader or investor.  

It is considered as a panic selling on bitcoin. Others are too rush in terms of transaction so better to be think wisely and learned more about the transaction site how it goes in order to be success and have a profit when selling those bitcoins.

[Rrotess]

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 will buy high sell low because they dont have a strategy in terms of knowing the volatile movement.Or maybe because they emergency need money to buy somethings very important thats why they force to sell their holdings.

[piter_wip12592]

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 will buy high sell low because they dont have a strategy in terms of knowing the volatile movement.Or maybe because they emergency need money to buy somethings very important thats why they force to sell their holdings.

This is because your psychology is not good. When the market is falling too fast this makes you scared and you have sold out what you are. And the people who have psychological fear as you, have sold together BTC and this is the reason for the price of BTC is down.

[Sony.UK]

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 will buy high sell low because they dont have a strategy in terms of knowing the volatile movement.Or maybe because they emergency need money to buy somethings very important thats why they force to sell their holdings.

Yup!. Two reason behind me selling at low value. I was holding money back in my wallet when the price was to high and had to sell it when it was low for my emergency. Could not avoid it. The other reason would be fear of loosing more if the price keeps falling. It would be better idea to hold back half of intended money to sell. This would at least save loss and return profits.  

[Apaxy]

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 will buy high sell low because they dont have a strategy in terms of knowing the volatile movement.Or maybe because they emergency need money to buy somethings very important thats why they force to sell their holdings.

when a person has a need for Junior, he will sell coins even at a cheap price. I also have such situations and I have sold quite a lot for me in the last period but not. But you can not do anything if you need to buy something for the family.

[babala]

Many people buy bitcoin high and sell low, it is the time when they purchase at the high price and blooming stage so they were attracted. Some of them sell now at low price because they are the people who wants to minimize their losses due to price drops.

[Eugenar]

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!

Instances such as this is really sad. But we, the users and investors cannot do something with the volatility in the market which is natural with cryptos not only in Bitcoin. The best thing to avoid this scenario is to hold whenever the market value of Bitcoin is falling.  Avoid selling because of panic because it will just lead to loss of profit.

[blx18]

It is a common phenomenon. THey buy high seduced by rapid growth and dump low in a panic attack after  markets have been in the red for awhile. That will always be happening.

[Joshapat]

This is a matter of irony, I also often experience high and sell low buy, this is because I need money suddenly so there is no choice but to sell bitcoin, I hope my finances soon improve so I do not panic with bitcoin.

[ajdaj]

This is a matter of irony, I also often experience high and sell low buy, this is because I need money suddenly so there is no choice but to sell bitcoin, I hope my finances soon improve so I do not panic with bitcoin.

you correctly noticed about the irony of fate, because that's when you have to sell Bitcoin, When the real money ends for life. No, I do not know this problem is solved, because you need to save and balance your income with expenses.

[burnchan]

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!

Buying at high prices and selling at low price is sometimes due to the untimely buying of coins because of the expectation that price will still rise. Then selling at low price is the result is the result of panic. So it is best to study the current price trend before making such decision to buy coins to minimize losses.

[cryptonad]

Those people buy high and sell low are unexperienced and get panic.

[curry101]

That is the opposite. Being a good trader the right process and the perfect strategy is buying at low prices and selling it at high price. That is the good way to gain income/profit. If you do the opposite then you will gain loss.