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!
Simply because of misfortune and uncertainty. The market value of Bitcoin is given to be volatile and as such,things are always possible to happen whether it is a good thing or not . Those who are buying during the increase might thought that thir investmenr could go along with the increase so thst profit will be earned.and those who are slling during deflations are just forced to cut their losses so the only thing to do is to sell.