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/biz/ - Business & Finance

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25811129 No.25811129 [Reply] [Original]

Why do people sell when its down? Its not weak hands, its weak me minds aka the normies?

>> No.25811271

Because they invest more than they can afford to lose, in the hopes of never having to work again.

>> No.25811288

Probably because they don't want to lose money, you fucking retard.

>> No.25811295

>>25811129
normie poorman psychology

>> No.25811302

Too many people regard this as a get-rich-quick scheme or something. You have to be ready to play the long game on this stuff

>>25811271
This

>> No.25811432

>>25811129
It’s the cuck/herd mentality. Same reason why people lined up to buy tp during the pandemic

>> No.25811441
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25811441

>>25811288
Only non-retard is this thread. People killed themselves over this chart.
>Just wait, it'll come back up
Yes, meanwhile time ticks forward and the lost opportunity cost of the improvements to your life that money could have made will weigh on your mind every second until you do.

>> No.25811443

>>25811129
Because its best to lock in profits while you can.

>> No.25811545

it's mostly just stop-losses firing off in a chain reaction.

>> No.25811622
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25811622

>>25811441
Feels good to be a NEET.
Weak hands don't deserve to make it.

>> No.25811668

>>25811271
I did that and lost 50k today. I have no intention of selling.

>> No.25811670
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25811670

>>25811129
because they have this generalized notion learned through entertainment that you panic sell when it starts dropping, yes they are that stupid.
The idea of things increasing in value over time doesn't exist in their minds outside of maybe baseball cards.
Pic related is their idea of the stock market

>> No.25811721

>>25811441
>linear chart
Now post the logarithmic version of that chart you kike.

>> No.25811735

Because if you don't sell early, eventually there won't be any buyers at all. You can't just sell at any point on a crash, someone has to buy

>> No.25811763

anixety. its the same reason you run when you hear gunshots. fight or flight. It makes more sense to panic sell shitcoins becuase those actually go to 0.

hold btc forever and your always safe