ezajavo
|
|
April 09, 2018, 04:10:51 AM |
|
I think the reason people buy high and sell low, the fact they are did on emotion and panic selling, because some people don't know how the bitcoin value itself, Emotions will play the biggest role in their decision to sell at low prices. but every problem can fix, with aware of the problem and then come up with a plan to stop it.
|
|
|
|
Dannaey
Full Member
Offline
Activity: 468
Merit: 100
Experience the Future of DeFi
|
|
April 09, 2018, 04:31:20 AM |
|
I've done that before. I am just a beginner and do not know much about the movement of the crypto market. So when I saw my portfolio and started to lose, I was so afraid that I might get lose all my investment. The hard part of being a newbie is that you don't know when to buy and you end up buying at the high entry point.
|
|
|
|
patz22
|
|
April 09, 2018, 05:13:31 AM |
|
Believe or not, people have this mentality nowadays or even early ages that whatever is trending they will buy it even the price is high same in this business I see a lot of people buying crypto when it is trending in cmc or in exchanges but once they see that it is in dip or dipping they will sell it without noticing that they're lossing money. This is a natural behavior in this business and even we say that we are a hodler I doubt it, we will find our way to cut our losses.
|
|
|
|
HPQ.IO
Newbie
Offline
Activity: 238
Merit: 0
|
|
April 09, 2018, 05:17:47 AM |
|
Just panic sellers. You need to have a strong nervous system to trade. It is not easy to see how the cost of your assets goes down, your money on the monitor disappear... Not everyone can stand this.
|
|
|
|
boksoon
Newbie
Offline
Activity: 266
Merit: 0
|
|
April 09, 2018, 05:39:20 AM |
|
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 had to buy something high value Items without any research if it is useful or not, that's some of them are discourage and eventually they are selling their item in a low price value for the sake of capital to avoid zero profit also their capital become nothing.
|
|
|
|
tuikindu01
Newbie
Offline
Activity: 224
Merit: 0
|
|
April 09, 2018, 05:42:35 AM |
|
I think these people who buy low and sell low may lose confidence in the market, so they will lose money and sell COINS. I think these people tend to have no confidence in the bitcoin market. The past experience of bitcoin has shown that big swings are normal, so don't sell your COINS at low prices, and the market will eventually recover.
|
|
|
|
Babylon
|
|
April 09, 2018, 07:29:06 AM |
|
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!
Uhm don't buy when it's high though monitor the price on the marketplace , they do buy low and sell high to gain some profit not buy high and sell low , probably it's a big loss though. And by this act or method this affect the marketplace volatile , so are bitcoin.
|
|
|
|
LogitechMouse
Legendary
Online
Activity: 2562
Merit: 1041
DAKE.GG - CASINO AND SLOTS | UP TO 230% BONUS
|
|
April 09, 2018, 07:52:27 AM |
|
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!
You have said one reason, people tend to sell their coins at a lower price because they are cutting their losses. How about if you are always putting a stop loss until you have lost all of your money? What do you feel? One reason why people are doing this BUY HIGH, SELL LOW action is because of lack of knowledge in cryptocurrency and in trading in particular. This mostly happens in trading because they are not using anything but they will just buy a certain coin and wait for it to increase. When you are just using your instinct in trading, you are just distributing your money to everybody.
|
| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
|
|
|
Paopao
Newbie
Offline
Activity: 110
Merit: 0
|
|
April 09, 2018, 08:45:37 AM |
|
I think selling high prices will bring benefits to us, and we buy them at the lowest prices then we will get a very high provit.
|
|
|
|
kamilah147
|
|
April 09, 2018, 08:52:50 AM |
|
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 is one of the wrong deeds, why you make a purchase at a high price and sell at a low price. actually this is not true, we should have to think long before acting. indeed many people are doing that because they feel panicked that bitcoin prices are starting to decline
|
|
|
|
apilpirman.bisnis
Member
Offline
Activity: 504
Merit: 10
|
|
April 09, 2018, 09:05:00 AM |
|
Many person have the different when when they have buy the bitcoin or altcoin at the high price and sell all it at low price, the have faced panic time, when bitcoin or altcoin have low price. They are thinking will be lost much money if keep hold and save bitcoin on their wallet, so they take the time to sell their bitcoin at the low price, they are thinking will be much lost their money if not sell right now.
|
|
|
|
feverpitch
|
|
April 09, 2018, 09:54:12 AM |
|
Don't caught by clumps saturations. This is usually advice to go to buy when cryptos at low rice. Also if you have a lot of money to spend on even at high price, better just to wait for a prices get lower before to do that.
|
|
|
|
AngellSky
Member
Offline
Activity: 462
Merit: 10
|
|
April 09, 2018, 11:29:53 AM |
|
Don't caught by clumps saturations. This is usually advice to go to buy when cryptos at low rice. Also if you have a lot of money to spend on even at high price, better just to wait for a prices get lower before to do that.
Of course, it's better to buy at a lower price, but do you assume an even greater decline in the market than is already available today?
|
|
|
|
jovs
|
|
April 09, 2018, 11:30:45 AM |
|
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 may be the result of lack of information about the actual properties of cryptocurrency, that result to panic selling. It should be the other way around. People tend to buy things that is so popular in generating profit even they do not yet have sufficient information and insight about it. That might be the primary reason why others are loosing here in bitcoin. Remember that patience and timing is so important in engaging in any kind of investment.
|
|
|
|
Britanshio
Member
Offline
Activity: 226
Merit: 10
|
|
April 09, 2018, 11:40:18 AM |
|
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 I think they do it because they dont know what thale exact strategy for buying amd selling crypto coins.For me when coins increase simply sell but when it decrease just buy.
|
|
|
|
GamblingPurveyor
Member
Offline
Activity: 280
Merit: 10
|
|
April 09, 2018, 12:05:09 PM |
|
Lol, no one who is professional trader buys high and sell low, it's buy low and sell high. Those who buy high and sell low did it out of panic, maybe he or she bought BTC when it was $10000 then coming back to see that bitcoin Price is now about $9000 , they dump their coin in other not to get more loss than what they have already gotten.
|
|
|
|
NorihiroName
|
|
April 09, 2018, 12:25:41 PM |
|
I think that's the matter of the panic selling and mental pressure from the market situation.
|
|
|
|
jojowar
Member
Offline
Activity: 378
Merit: 10
|
|
April 09, 2018, 12:29:13 PM |
|
Panic and afraid of too much loss are the reasons why do people buy high and sell at a low price. In this kind of investment you must have patience and trust for you to succeed.
|
|
|
|
jostorres
|
|
April 09, 2018, 12:56:39 PM |
|
Because no one ever knows where the highest price will be and where the lowest price will be. Your purchases and sales are random points on the chart.
The unclear future of the market as you talked about is the major factor that compel people to go in loss by purchasing high and selling off at low. Plus one more reason is there and that is, no good planning on the part of investor or trader. Without a good plan or knowledge of the market, you are not able to survive in nay market. You should set some targets for yourself and when they are chased, sell off.
|
|
|
|
Nitnit13
Newbie
Offline
Activity: 126
Merit: 0
|
|
April 09, 2018, 01:09:51 PM |
|
I think they can't analyze market and price in the market. Then most are too lusty and rush to sell when the price is low for fear the price will decrease.
|
|
|
|
|