What is the scientific or psychological reason for why it’s so much easier to buy high and sell low? Why is the norm to lose capital?
WTF ARE YOU ON ABOUT
>>58693045because you want it when its valuable and dont want it when its not valuable.when youre up you wish you had morewhen youre down you wish you never bought
>>58693045>Wow! Price go up! It must be good! Buy buy buy!>Wow! Price go down! It must be bad! I ain't touching that shit
It is easier to succumb to your fears than to face them head on.
>>58693045imagine walking to your bus stop, do you run to the broken down rusty bus with no wheels, or do you run to the bus that's at the stop picking people up and about to leave?
>>58693078Ok but why does that translate to losing? The good bus should be better.
>>58693093Everyone's already on the bus, there's no one else to pick up. It can only drop off passengers.
>>58693045Because the market is manipulated ultimately.
>>58693045monkey sees action
>>58693078I run to any bus that will get me away from the bus station full of vagrants that have turned it into their home.
>>58693045cause emotions are a lagging indicator
Because you are a follower, a normie, an "npc", destined for a life of wagery and servitude. You buy the top and sell the bottom because you ARE the top and bottom, you just go with the flow, it's your programming. It's not a horrible evolutionary choice, which is why there's so many of you, it just leads to mediocre lives.
>>58693045Fuck, guess I'm retarded.Bought FAC on red, sold on green
>>58693045You (know) that long term, everything will go up**Technically what happens is the fiat is losing value, so it looks like everything is going up.Because of this, it's easier to be afraid of missing out on shooting up to the next price discovery and never have a chance to buy that low again -- while things are going down, you can just chill and tell yourself that worst case, you wait it out, and you'll be right back to where things were.
>>58693045Loss aversion. Real answer
>>58695102Based thanks
Just don't sell. If you're not selling, you're not losing money. Just buy something and forget about it.
>>58693045You fomo in when the line is going up and then pikatchu face when it dumps
>>58693045herd mentality
>>58693045easy, get into presale project then u nigg fag gonna make it then, sure get the lowest price high possibility of winning, shrl or vesta perhaps for now
>>58695102All the answers above this post are truly the most retarded shit ive seen on biz in a while…
>>58695102This is the answer, and the more you overcome the fear the more opportunities you will be able to seize in life.
>>58696830we just thought OP was looking for more elaboration than>it feels bad to lose
>>58693045I don't think that's the norm. If you buy high and sell low you are seriously someone that shouldn't touch this stuff.
its super easy to buy low sell high but you always think you're selling too early, but if you buy high sell low you're just panicking cause you think it's going to keep going down
