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.