Why is buy low and sell high, such a hard concept for people to grasp.
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Because people get panicked and scared to see prices falling down. So, instead of buying then, they just sell whatever they have in the hope that they won't suffer further losses. If you want to win this game, you need to buy the dip and hodl!
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I think it's more that they aren't familiar with the concept of waiting.
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Buy low hodl sell very high
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