Post
Topic
Board Economics
Re: Why do people buy high and sell low
by
laracastvue
on 19/04/2018, 21:52:05 UTC
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!

In order to earn profit in the market you need to invest on cryptocurrency while the price is low and sell them again when it increases just the normal way of earning profit but since people are worrying about their loss , they tend to sell their investment at the lowest price when the market's value is dumping.