Why does the market go up when I sell and down when I buy?
This feeling that the cryptocurrency market “goes up when you sell and goes down when you buy” is quite common among investors, especially beginners. Here are a few reasons why this happens:
1. Confirmation bias
You tend to remember more times when it happened than times when it didn't. This is a psychological bias called confirmation bias, where you notice and pay more attention to events that confirm your beliefs or fears.
2. High market volatility