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Author Topic: Why do people buy high and sell low  (Read 2466 times)
Ekimzjames20
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April 13, 2018, 06:12:15 AM
 #681

Because of the fear of losing more than what they already lost.
Other than that I don't really see other reason to do it.

For me, because they panic selling. Believing in bitcoin is not enough that it could be raise in a few months or year.  They don't trust the history of bitcoin instead they sell in low price.
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April 13, 2018, 06:57:02 AM
 #682

Because of the fear of losing more than what they already lost.
Other than that I don't really see other reason to do it.

That's right, scare a major loss in the future over which has been sacrificed in the future. Fear will surely come.
Angi
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April 13, 2018, 07:09:22 AM
 #683

People buy in high price then sell in low and don't have profit it is because they don't have sufficient knowledge about in market management they don't even know how it works. I suggest that if you'll buy in high price don't sell it immediately just wait until to huge price and huge profit.
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April 13, 2018, 07:28:56 AM
 #684

maybe you are one example of people who easily panic. we know if the price of bitcoin or altcoin is very easy with up and down. why do people buy high prices and sell at low prices ? because they panic prices will come down again. they don't think prices will rise again and may be higher than the price you bought. it's just a panic, not out of desire. if the price goes down again, don't panic, do not sell your coins. calm down, keep your coins and sell when prices rise again.
Ipwich
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April 13, 2018, 07:36:50 AM
 #685

People buy in high price then sell in low and don't have profit it is because they don't have sufficient knowledge about in market management they don't even know how it works. I suggest that if you'll buy in high price don't sell it immediately just wait until to huge price and huge profit.
They panic that is why they do that, it's the opposite way of making money in trading, we should always buy low and sell high
but when there is too much FUD, newbie easily panic and make a wrong decision.
Patience is the most important factor in trading or investing because the market is so unpredictable.

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ov3rflow9x
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April 13, 2018, 11:42:41 AM
 #686

People have different strategies, and when it comes such a trend maybe they do that because they think it's time to get profit and withdraw
ubitcoin
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April 15, 2018, 05:30:18 AM
 #687

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 it is all because of lack of knowledge and  they weren't updated what is the current status of cryptos in the market.
Or maybe they sell low because they are afraid that the crypto they are holding will lose its value.
Yes! These are the most common reasons why people fall prey to this. We need to understand that crypto market is not a casino where you are totally relying on your luck. Here you need to work hard by reading articles, news and all that jazz in order to understand market in the best possible way. Sometime the holding of coins is just like watching a grass growing but patience pays you off.
Tenderino
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April 15, 2018, 07:45:57 PM
 #688

Most people surely sold at a lower price because they were panicking during a downswing phase. Another reason is if people bought bitcoin as saving and maybe semi speculating to have sufficient money when they are old and can not work anymore, because we all know that the inflation eats the value of our hard earned money during the years. And then they suddenly needed money for something important like buying a house or marriage and were forced to sell during a downswing phase.
Naughty Princess
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April 15, 2018, 08:16:07 PM
 #689

most people who do this "buy at high prices and sell at low prices" are people who do not understand what they are doing, and most sufferings from this disease are new players
People sell even the price is less when they bought it in the market hoping that when the price continuous my fall after selling, can able to buy in much lower price which can make to return what they lost in the first investment. When you analyze the market and see that it will be long for the price to recover, better to give action, think smart strategy, not all who sell in low price lose profit. They also earn a profit doing that and it helps to be able to hold more coins.

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April 15, 2018, 08:41:14 PM
 #690

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 why not try something different this time   try to just hold and see if it work for you  since you failed doing your trading plan 

i think you better move your funds into paper wallet if you want to try holding  . that may help you control you panic sell

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xnuggets
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April 15, 2018, 09:10:04 PM
 #691

I experience this few times as a newbee. Especially, where you are going into bandwagon system, where you panic buy, or where you buy high with the thought that the value of the specific coin will still appreciate, then sell low if you think that the target price you are trying to achieve won't make it happen, and makes you loss more in your account.
hhussain
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April 15, 2018, 11:05:03 PM
 #692

That’s called panic when they buy the coin it is at its highest price and when its start to get down they get panic and sell their coins in the loss. This thing most of the newbies do and need to learn on this.
Casabrandy
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April 15, 2018, 11:59:25 PM
 #693

I experience this few times as a newbee. Especially, where you are going into bandwagon system, where you panic buy, or where you buy high with the thought that the value of the specific coin will still appreciate, then sell low if you think that the target price you are trying to achieve won't make it happen, and makes you loss more in your account.
Well everyone came to that point, but we should at least learn, panic selling will not lead into good news, it will just make you more uneasy when you see the market increase in time. Regret always happen when the action been done.

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missmaria
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April 16, 2018, 12:04:17 AM
 #694

Usually the lack of knowledge and experience has such consequences.

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dvillier
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April 16, 2018, 06:25:08 AM
 #695

No it isn't right bitcoin cost can be known utilizing the mark crusade and the bitcoin talk as there we use to examine about the cost of the bitcoin additionally we can become more acquainted with about the high and the low cost of bitcoin through the market esteem rise and fall cost of bitcoin use to increment when the market will be green and cost diminished when the market will be red, so I think appropriate arranging is required to maintain a strategic distance from this sort of circumstance.
Ismat Morshed
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April 16, 2018, 06:51:19 AM
 #696

Because when people heared that bitcoin price is high they will get attracted.And they buy but when suddenly the price dropped they panic and the tendency. Then they will sell their bitcoin with out any thinkin in low price.And many for such: important work come,suffering for money,marriage etc.
MrRiuss
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April 19, 2018, 06:33:47 PM
 #697

a lot of people doing that, may be because of lack of knowledge about trading, greedy and etc
satecream
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April 19, 2018, 06:50:34 PM
 #698

I dont know why we found the people like that. Just want to getting by doing that and selling without thingking about the long term and then getting traped by that kind situation and lose their money. Waiting is the key in investing in bitcoin

Tang lancip
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April 19, 2018, 06:59:16 PM
 #699

I think you are tempted by the high bitcoin price, and without careful analysis you buy bitcoin because it is expected to continue to increase. when prices are low you panic afraid of losing assets and selling them.
waqasniaz007
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April 19, 2018, 07:02:28 PM
 #700

The only reason people buy high and sell low is depend on market condition, Most of the people don't have control on their emotions and mostly newbies survive in any type of market weather it is stock, forex or crypto, Because they are not too much familiar with market.
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