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!
Yes there are many people in CryptoCurrency world are buy in a high price and sell it low, there's many reasons why it happened. First they sold their coins because of panic that happened right now in the market. Second there's a emergency happened they need a money for daily and the only way they could sell their coin.
I can say that there are factors affecting why people suddenly buy at high and sells at low. There could be a reason where they have panic attacks. They fear of loosing more so they tend to sell it. Why some people, like me most of time does this kind of thing because of the need of money itself. So i panic sell, seldom times.