Quote:
Originally Posted by Johnny630
Both Are Ploys To Get Sympathy and a Psychological Advantage.
It’s basic poppycock lol it’s all good either :-)
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I think it makes sense for people to want to sell things for more than what they paid. If I buy something for $800, and later am able to get another one that's an upgrade, I'll probably sell that first one for $900 and be left with a good feeling. Making a (small) profit is good, and it means buying it in the first place wasn't a mistake.
But selling it for $700 means I'm going in the wrong direction, I made a poor original purchase, and I do not have a good feeling. So instead, I'll keep it for now and hopefully sell later for at least $900.
So, yes, it's psychological for sure, but selling things for more than you pay is also basic Econ 101.