Quote from: Jlimao28 on April 06, 2018, 05:34:19 AM

Quote from: squatz1 on March 12, 2018, 04:03:57 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!

Some of the people do that don't know well about trading. Many newbies were trapped in the crash and they sell their coins because of FUD news. Trading is not easy, some people become panic sellers because they thought that the price will never go up. There are some people that buy crypto halfway of the bull run and if the price will dump, they are fear to lose their capital. All of them are the reason why many people buy high and sell low.

Precisely, they do not know clearly about trading and they do not have any plans or strategies, what they are doing is only actions based on their emotions, simplicity, they see prices rising, they think it will continue to rise and they buy but they do not know that it's just a trap or the price is already very high, it can not continue to increase. In short, they are investing without knowledge, that makes them do not have a good idea about the market, sooner or later the market will also eliminate these people