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.