Why do people buy high and sell low

[Coin-1]

"High" or "Low" price should be valuated in the current context. Four month ago Bitcoin was costed $8000, and this price was considered as "high". I think it is necessary to catch the short upstream wave to get profit. Just read news about crypto currencies, economics and politics, then make your conclusions when the best time to buy or sell coins, but in the current context again.

[Kousei23]

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 because they believe that the strategy of buying low and selling high is the best way to earn income. And many people here are actually into it because they also tested it and they earned a good one. And most of the startegy people using today is this kind of startegy which is easy but risky yet will give you a better and high amount of earnings.

[fonenumba]

Because people trading in this way without any expirience and they are not clever , if you want do this job you need have a lot of trades year before to earn money on that markets !

[Rdrrakel]

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!

An experience received for your money is the most useful thing you can get in your trading career. Accept it as a gift from your destiny and don't give up. 

[Palider]

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!

Well because they wanted to buy crypto coins at the lowest price, and it determined the price on the marketplace demand which is volatile. And they wanted to earn little by little , and to be honest I do this method the buy low and selling high method and I think the main reason is they wanted to earn income.

[soname12]

As many investors were affected by FOMO and buy it when its price high. When FUD appears they are worried and sell them at a lower price than what they spend. These are the mistakes many new investors get involved in crypto.

[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!

in fact the way it is so wrong but many new players are easily panicked and eventually apply this expensive buy and sell when the price is cheap, they are easily affected which ultimately makes him lose money.

I think there are few people who sell bitcoin at a low cost because they do not wait much because they sell bitcoin at low cost, but they do not know how much they have been lose . But I think bitcoin is very good to buy low prices and if people patience then it can increase even further. Yes, it is also true that many people adopt wrong path

[Sled]

As many investors were affected by FOMO and buy it when its price high. When FUD appears they are worried and sell them at a lower price than what they spend. These are the mistakes many new investors get involved in crypto.

Yup that is actually the primary reason why they are buying from tops and selling on lows. They got into the feeling of being FOMO or Fear Of Missing Out and that is why they are being forced by their emotion that they should buy now and just hold it for long term because the price will really go up and soon the FUD will come and it will reverse their emotion from holding to selling.

[Unicorn_Heart]

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 it is because they don't want to incurr more losses so they think that it is better to have low income or less losses than totally none at all. We should need to stand our point and strategy in trading. The best and effective strategy is still buy low and sell high and don't do the other way around. Don't be discourage if there are so many dips because that is normal but instead just be patient and wait for the best to come.

[stein888]

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!

Well I do that too, it's not that I am panic selling but to use the dip to earn. I am selling my coin at the start of the deep then buy it again at the end of the depp when I think that it will go up. But it is too risky becAuse you don't know what will happen as the coins are very unpredictable.

[50ouncebrew]

These are people who give in to emotions so when they see that the price is high, they think that it will continue climbing higher and higher and they end up FOMO-ing a lot of money into it believing the price will keep rising and the would make a lot of profit. When they see the price begin to fall , the thought process remains the same but now they believe it would keep falling and they better get out while they can so they panic sell.

[Lucas Riley]

This is one of the great mysteries of man. What makes them buy something when it is expensive and sell something when it is cheap. Its all about heard mentality in my opinion. People not thinking for themselves. Buying the news

[xvids]

They are doing it because they couldn't hold it and they think that the coin would continue to drop,
Or maybe they just think that it would be better to cut lose and buy some when the price continue to drop.

[D1n0]

I can understand that. if I buy some coin and see what it drops in price ,I just try to forget about it and hope that it will grow, don't panic and dump your coins,the market is very unpredictable and today it can fall and tomorrow going up , just keep calm and don't rush.

[Ranly123]

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!

Sorry for the loss you have done. Selling at low price is not a mindset of a good business man. When you invest you have to buy with a lower price and selling it at a higher price to gain profit.

[arcanayou]

I'm sure there's nothing so stupid as to buy something for a high price and sell it back at a low price, surely people will buy it cheap and sell it for a high price, so the difference between the sale and purchase price can be an advantage for yourself. or he gets panicked and can not think straight and go crazy because of his own stupidity

[Hans17]

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!

Well purchasing at the lowest price and selling the highest can be profitable depend on the persons mindset , if the person dont know how, and the person dont build a strong set of mind, will surely cause a panic and then i just want to add that always have patience on monitoring so that you can or you can assure that you will get an income.

[safarabela]

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!

Perhaps the reason is people are investing in bitcoin because they want to benefit from bitcoin and when bitcoins soar they do not sell bitcoins, but hold for a much higher price. Bitcoin is sometimes unpredictable, and bitcoin can fall in value and continue to fall, and at this moment they are afraid of losing bitcoin, they will decide to sell bitcoin. I think to benefit we must have a very strong conviction.

[handyhuman]

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 have a wrong move my friend because of the bitcoins was goes down and this is the reaon you make yourself panic and make it dump.

[iconicavs]

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.

That's what I have in mind as well when I was reading this post. Don't panic when you are in the high low rates of BTC. Find the perfect time when yo buy and when to sell. Don't ever make your emotions eat you. But it depends on you though, you worked hard for that coins and you habe all the rights how to control them whether you trade them or keep them til the value goes back up.