Bitcoin Forum

Well I decided to create this thread to share my Bitcoin mistake and the lesson has learned from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

You made a ROI in the multiple of three, so I don't even see it as a mistake if price continued upward after you sold off. It would be a mistake by my judgment if you had sold in loss and shortly after that price went in your direction and into profit or you had sold off and bought a certain altcoin which then dumped or scammed. That's the way I see this. We certainly don't know where price would ever head to at any point in time. Thus, we shouldn't feel bad when we sell in profit, thinking price will dip but it continued to soar. Once it's sold in profit, that should be a consolation.

If that is a mistake what will happen to people who buy at high prices and sell at lower prices ? Selling at a loss due to panic is a serious mistake ,different from selling when you have a hit some profits as cases OP is a regret not a mistake but nothing to regret also because you can try it in the coming year and I think invest in bitcoin is never too late

Early on, always try to decide what route you're trying to take the trading route, or the investing route. So in the end you're not going to have these sort of "regrets".

Though even going the "investing" route, you're still going to have these itches to try to time the markets. For this, simply just allocate a smaller amount of your total funds for your trading.

I would also be happy to have profited up to 3x too. He however wants to roll the money to profit more. I wouldn't mind buying back the BTC as long as I get in at the right time where the indicators will tell me that the price has already bottomed. But I might just use the $800 only and take the capital back at least I wouldn't be worried about loss but just keep playing the amount left by finding an opportunity to buy and sell.

It's a good way to learn how the market works either on a particular altcoin pair or simply just on BTC/USDT.

At some point you will want to sell your btc because you just can't keep holding forever, the thing is, you don't have to feel sorry for selling since you made some profit in the process, assuming at that time btc price was declining perhaps you will be glad to have sold at the time you did,
So moving forward, it is better to have a price target to sell and forget about the rest.

Sorry if I have doubts on your regrets, price today is 47000. Only about 18% more than your exit price.

You had $1600 from when you sold. If you had kept your BTC then you would have 0.04 btc. Buy it today and you have over 0.034.

That is really not a price difference to worry about.

When BTC is 100k, will you be concerned about the extra 6000 you would have gained if you kept at the old price? So do not add mistake upon mistake ;)

My advice is if you buy 1 Bitcoin, you should separate it into some pieces and have plan to take capital back first, then take profit with pieces gradually. To do this, you must invest in your own money, not loan, not leverage, etc.

If you can split your 1 BTC into 10 pieces, and reserve 0.1 BTC for next 10 years, let's check back next 10 years to see whether with 0.1 BTC in 2032, you will be able to sell it with high value than 0.9 BTC you sell this year or next couple of years.

The best strategy is taking profit in order to get initial capital back. For the rest of your initial investment, you can bet with your belief and the market.

You did not make mistake and you should enjoy won trades or investments you have. If you feel you made mistake by taking profit too early, it's bad and will affect your next decisions.

That is good advice. Hold as long as you can while you have a chance to sell your bitcoin at a high price in a few months or years later. Even if you are a trader and use the buy low and sell high, you should have some portions that you will still hold and not sell all of your bitcoin because you want to increase your bitcoin amount from the trading. That is not easy doing that as many tempting things that we will face, including the volatility of the price, how the bitcoin price will move. But that is the challenge.

If you can pass that, I am sure you will see a big profit in the future and your waiting time will be worth it because, in the end, you will make a profit. Maybe this year will be a bearish time, so that can be a good time to start buying bitcoin and hold it for some time.

That is good experience you have and you should continue to explore the bitcoin word like that only. Never repeat the mistakes and this will surely reduce the losses we incur all the time. Bitcoin as whole is good concept to put our investment into it. Though well thought out of transaction based ideology it is now has become way to make profits through trading, mining, and hodling.

The only thing one needs to follow is: Be patient enough to wait for your turn. Everyone makes money here by adding their real world money slowly, which you seems to be following all the time. Keep doing that and one day bitcoins upright prices will tell the story of profits.  :D

I absolutely agree with you that Bitcoin is a long-term investment and we should hold it, but not to sell as it will be much more expensive in the future. My strategy is to buy more and more bitcoin on every correction and wait 5 or 10 years and then I believe that I will lock up a huge profit from my crypto investment. Apart from Bitcoin, I also hold Ethereum, BNB and Matic.

I also have doubts on his regrets, I am not in the habit of believing what people say in the forums, especially if there are things that don't add up, as you point out.

But let's assume that what the OP says is true. What I would say to him and anyone else in his situation, is that before he invests a single penny again, that he should be clear about why he wants to invest, for how long and above all I would remind him to do it with money he doesn't need.

The argument of whether the price has gone up or down some more does not hold water. It would be better to think that one wants to invest in Bitcoin because he has understood its decentralized, limited, autonomous, uncensurable nature, its ability to store and transfer large amounts of wealth and at the lowest cost and that for these reasons he wants to invest in it with money he does not need. That way the OP instead of thinking about selling what he would have thought is to buy more, and would not have opened this thread and would have opened another one telling us how wonderful is the DCA Bitcoin.

But at the same time the price of bitcoin has dropped from $67k to $47k. So it has given you a chance again to buy more BTC.
I wouldn't say we should keep trading bitcoins because I am myself more of a long term hodler.
I don't sell my coins whether it is a bull run or a bear run. Diamond hands are here.

Well, you are giving advice from the heart ... this is investment money, it's just that. Hodl It is a particular economic situation to be able to do it, it is that simple if you sell it is because you need it for your day to day, or because you know that you are going to reinvest the money, it is a myth that "straw" that you buy bitcoin and keep it. Yes, it is good but it does not work for everyone, just make the backup plan that best suits your economic and living level, after that without regrets.

If you ran out of bitcoin, only buy when you can, don't see it as a mistake ...

Is this a mistake? I don't think it's a mistake if you've made a profit. Usually what other people or holders say about their mistakes is the ethics of buying Bitcoin and selling it at a lower price. Well here you have made 3x of the $400 capital. In fact, here what I see is only greed and does not make you grateful.

If it makes you feel any better, I would hardly call making a profit a mistake. Not hodling may be a mistake to some but to be honest, who would have thought prices would go up they way they did? Same goes for big name companies like apple or microsoft or mcdonalds. Who would have thought they would be as famous as they are now? Its just a rare stroke of luck. You made profits anyway. Losses would have been worse.

I don't find it a mistake because you profited in the first place, it's only a mistake if you lose money from your investment. Sometimes, we have to just appreciate what we get, that's a sign that we are not greedy, what if the other way around happened, you held and bitcoin dump and you lose your money? I think that deserves to be called a mistake.

Hold as much you can, if not hold what is available for a good time period. This is what I follow and the same is being mentioned in the opening thread. People who kept hold believing in its growth have been enjoying the goodness.

Mistakes are common, however we try and Keep ourself active mistakes will happen. That too with cryptocurrency it is quite common, because a prediction made wrong will also serve as a mistake. So keeping hold and moving without any expectation will let you overcome mistakes.

To be honest there are many other people who feel regret about their mistakes in the bitcoin and cryptocurrencies market, some of them feel regret for panic selling and some others feel regret for not buying enough bitcoins. For example, if you ask me I would say I feel regret for what I did 6 months ago when I sold some bitcoins and bought an apartment and gave for rent to have passive income, While I could get much more profit by only holding my bitcoins inside my wallet and buy a bigger house for myself.

I think it's natural, they have regretted because the current price is very expensive. That includes me, maybe today I already have a car if I hold my bitcoins in 2017 to date. But I'm not too sorry, I'm happy to have known and owned Bitcoin. Right now I'm just maximizing what I've got to earn even more bitcoin by way of trading. Maybe it can be done by the author.

To be honest with you that is my experience at the time I converted by Bitcoin I use the funds to develop a project that just end up as a liability when I have the mindset of an investor if I have held my Bitcoin to this very moment just guess how much profits I will have made by now.
I lot of lessons have been learned in the time past only for us to develop on it's to grow to a more stable and balanced financial life which Bitcoin has given us the privilege.

Yeah, guy comes in talking like he knows the place too well, and then pours out regret over such a trivial price difference. Wouldn't be the first, certainly won't be the last. Don't know why I feel the need to call out every now and then, but yeah for the benefit of doubt, I pointed out what the extra gain was if he held then, as opposed to buying now, if price were to reach $100k. Only $6k difference. Absolutely not worth wringing one's hands over, even if they don't care about the fundamentals are in this for speculation, then like you said, they need to clarify their intent. Is it to exit at 100k? Is it to make 3x profit (in which case, he's done that, why re-enter?).

Buy in now OP if you really made the mistake. And then don't make it again.

Just like what they said, you made a ROI already and that's enough since if you follow your emotions and become greedier, I don't think you will be getting the same ROI you get when it hits $40 or maybe lesser than $40k when it dropped below $30k. The important lesson here is you don't let your emotions guide you and it's always better to have a price target and think straight no matter what the price since what's important to you is you get your profit.

 ???

you are complaining without any valid reason, the price is at $46000 and it even dropped to $43000 on December 3rd of last year, you could have taken advantage of the opportunity to buy cheap and you could sell at the next ATH


 :o
this is not a good strategy, you need to constantly check your bitcoin

3x but still regret?
What's gone is gone, but remember that you always have new opportunities popping up every moment (yeah, not even a day, but in each moment, you can find a new opportunity) so just look for it and grab it. And about selling your BTC, you still held for a time for which around 95% of people who use BTC, couldn't hold, so you must be proud of yourself as most people here won't be hodlers but sellers because most of them come from a place where earning BTC (even a few chunks) can help them live a much better life than they could live with their 9 to 5 jobs.

Is it really a mistake? You cashed out with 3x profit, and when you cash out you'll probably needed the money.
Even If let's say you've just entered the crypto market around the year you said you bought a $400 Btc, I assume you made a research and look over the historical price data of Bitcoin. By just looking at it you could most likely can tell that Bitcoin has been increasing every year.
So, now the question is, what made you think selling your Btc at $40k. You lost your confidence and trust towards the capability of Bitcoin right?
Now, It's good to hear that you've actually learned from there. And honestly 3x profit isn't a mistake.

You sell it, it means it no longer belongs to you. It's gone and the fiat advantage is yours. There is no concept of loss if you have already gained so much profit. You can still start at the current price, and keep doing the same thing where you only need to let go at the highest price. don't worry, because Bitcoin always provides a guarantee for anyone who is ready to hold it. Especially long term. Sometimes greed makes a person still feel lacking.

I guess many of us will encounter this experience at some point. Many hodlers have developed steel hands because of what they've gone through, because of Bitcoin proving that it is always increasing in the bigger picture.

I myself have also gone through this. As a matter of fact, after the 2017 bull run, when we had months and months of bear season, I let go of some good amount of Bitcoin. The price fall was extreme and it took so long for the recovery to be seen that the FUD got the better of me. I learned lessons from it.

You made a good rate of ROI with your investment so if you can look at the brighter side there is nothing to be sad about it. Compared to other people who sold their Bitcoin at a loss, you should be so proud of yourself for doing a x3 profit. Now, please don't let greed be coming your way. Look at Bitcoin now, it is already back at the $40Ks so overall you made a good decision. As for me, I made my mistake years ago when I sold my remaining Bitcoin when the price in the market was just around $3K and until now there are times I still think about it...but life has to move on it can be a big waste of time to speculate on "what if" things in life.

Well atleast you made profit from your initial investment thats still a good thing. Although the price went higher, no one knows that it can happen, BTC is unpredicted and we cant accurately tell the next move.

Actually it happened to me last year as well however during that time I already need the money and cant wait longer so I sell my BTC. Its not really a good feeling to sell then the price unexpectedly increased. Regrets are always there but it happened already so what we can do is to move on and not repeat the same mistakes again.

I find no wrong in your decision and that is not totally a mistake, Because you did what assurance need to take place , no one knows what will be the price tomorrow, so that action is best than not getting any profit at all.
if we only knew the price in the future of course we will never sell any of our coins and will buy and buy more right? but it is not the reality here.

I have committed mistakes in the past when the price of Bitcoin Hit the ATH back in 2017 and i kept on waiting for more increase then what happened?
i remained trapped because when i finally wanted to sell the price drops down back to almost how much the value before the Bull market.

We are not market makers, we are not governments so the best strategy is take capital back as first priority. Then we can gradually take profit and if we are strongly believe in future of Bitcoin, let's allocate part of our Bitcoin for next 10 years or 20 years or longer. It is like a ticket to become millionaire or billionaire. I said about it (https://bitcointalk.org/index.php?topic=5379545.msg58882886#msg58882886)

Anyway, in bad scenario, we won't lose our capital and already take profit to enjoy our lives.

This is what all people have to learn in crypto market. When price goes up, they hope price will goes up forever and reject to take profit. When price falls down, they reject to cut loss and believe it's just correction after that price will rise and make new all time highs.

Yes and that i something he must be thankful and it is not good attitude to still called this a mistake when he had His x3 profit in just holding in shorter than a year.
Exactly, if you badly needed the money we have nothing to do but to sell our precious coins,
and besides we all Bought Bitcoin for future needs and that includes emergency source of funds.

my only mistake with bitcoin is that I stopped for almost 1 year, I also haven't been able to post here on forum because one of my mistakes is blocking my account and I can't post anymore, so this year I'm coming back  so that I can continue what I started here so I will try so that I can continue to be a bitcoin crypto hopefully give me gifts like merit and have mercy on me and also get merit to be able to start again a bounty crypto ... thank you

This is not a mistake,you just regret for missing the opportunity of making bigger profits,which seems like greed.
We can't figure out the best time to sell our BTC.We can't always maximize our profits from selling BTC.
If you bought BTC low and sold the BTC at a higher price,you made a profit,so there's no reason to call this a mistake and feeling regrets.
I guess that your profit is caused by luck and the fact that you are not being focused on the Bitcoin price 24/7.
Being so emotionally invested and cautious about the Bitcoin price can create some sort of fear and anxiety about the price suddenly dropping.This might cause you to panic sell your BTC right after a small price drop.The price drop might be followed by a price pump,which will make you regret your decision.

That is not a mistake. Did you sell your Bitcoins with the knowledge that the price of Bitcoin would grow even further after that period of time? If the answer is no, then you didn't commit a mistake. You merely didn't have the hindsight that Bitcoin would grow even further.

Contrary to this, if Bitcoin tanked before you managed to sell, then it also becomes a mistake, for you didn't manage to sell in time. That surge in Bitcoin price wasn't particularly predictable either so I wouldn't call it a mistake.

This is kind of people that are really greedy this will lead to losses on which you need to minimize this kind of behaviour as this has a negative effects in the long run. As long as you have a profit it is still good . Dont mind if you made more because what if thats the opposite you loses. But also mistakes can make you learn something so make used of it

I did a big mistake in 2018 if my memory served me correctly. Bought some shit coin by Bitcoin and just lost that. It's not recoverable anymore though I am holding with hope. I did o ly mistake in 2022 that I sold my Bitcoin for around $38K and failed to take advantage of ATH. Not only that, even I didn't dare to accumulate Bitcoin when the price dropped below $30K. That's what I did a mistake. Although didn't lose much but failed to gain many ads well. I took a lesson from the past and tried to accumulate in the dip. Not sure if my plan works well. But hope I could do something this year.

Every decision we made in the past becomes a lesson for the future decision, every trader has it's own phase of their life so there is nothing waste at all, the mistakes converted to the lessons and it will be much more valueable for the investors for future investment.
So there is nothing to regret, cryptocurrency journey is still new and we are the early investors at this time.

I think you are like me and many others do the same when we have little experience in crypto market.

We take profit in Bitcoin and try to invest into altcoins. Because we don't have patience to wait for Bitcoin dips, then hunting and betting with altcoins. In the end, altcoins divided by 10, 20 or 100 times in bear market. We lost money for altcoins and it's my regret. Very few altcoins can survive through bear market and can recover to their past all time high. It is not mentioned about their ability to make a new all time high in a new bull market.

We see it again since 2020 and 2021. Many new projects have been created and shilled as potential projects. Let's see how will the end with?

I can feel it and I think a lot of people have experienced that too. That's okay, not everything goes our way. Investing in Bitcoin does require skill and a mixture of luck. If we continue to lament the failures that have occurred then it will only make us frustrated. let it go of what has happened and never remember it again, make it a lesson not to repeat it again. sometimes after a failure, we can get a fortune, that's something that must be applied in our mindset so we don't fall too deep into disappointment. The price of bitcoin will continue to rise and fall as usual is unpredictable, so we just need to follow the existing flow and try to manage it well.

Seriously, I don’t see why this is a problem for you. You made it clear that you earned a profit of over three times, and you still want to say that you are not happy with yourself? If you that made over three times profit from the market is not happy with yourself, then what about those who lost completely?

You should be happy as long as you made profit. Maybe next time before withdrawing your money from Bitcoin you can first ask yourself what you are really going to be doing with that money. I don’t really hold my investment for long, although now I have started holding long term because I have enough to leave in my wallet. But I will still withdraw some of my profits and use it to also invest in other businesses or assets that's I want, or even handle expenses.

No one will know that the price of Bitcoin will be up to $40k, more to $50k, $60K, and more probably up to$70k and more again. Because nobody knows the exact price in the future.
And as long as we have got the profits, I think it has been enough. Moreover, you have 3 multiple times of your profits, it is really much, mate. You don't know whether when you are still holding at that time, the price still keeps going up or probably dropped. If you only want more and more without having any target, it turns you to be greedy, and someday when your goal is not achieved, you will panic and regret not selling at that rate.
That is why just thank you for what you have got. And you can still make other investments again in Bitcoin to get other profits again.

Do you know that, it's not all coin you can hold for long period as you are emphasising on, actually a good investor will like to hold coin long time because they know the profit, I'm not disputing the fact that we should not hold coin on our custody s but the question is that what kind of coin do you want to hold that will make a cognitive profit, at first, after scrutinizing and perusing into the coin project you can as well hold the coin for how long you really want to hold, right now if i may suggest the only coin that's good to hold as you stated or portray is Bitcoin, because irrespective of it downgrade it will still make values.

Though, it depends on how we look at our regrets. People do have regrets on buying high and selling low, and this is a negative regret (a regret no one wants to make). On the reverse, other people having a target price of an asset to takeout profits and after taking profit, the market is still on an uptrend continuously, hitting new highs. This is also a regret, because of the continuous uptrend, but a positive regret cause there is no losses experienced, just that more profits would have been made.

We all have made some great mistakes in the past and 2020 was the year I made the most mistakes in cryptocurrency but since then I have learned some lessons, I sold a coin I was holding for some time at a low price only for me to see the coin doing almost 60% growth and am left with regrets. But this time is wiser than before.

All of us have mistakes from the past knowing that we don't know how this technology work at the first place and we also get hype by many things before especially with those cloud mining, past bear markets and others things thats why we need to learn from it even if sometimes its hard  to execute but we should make those as a basis to do better actions when we see similar situations.

This method is great especially when you know what you are doing because in altcoins, they are also some coins that have been successful after a few years. I am holding some NFT coins right now which I think will make some good money after a few years and I don't plan to watch it in the market all over again except once every 6 months or so. If you won't take some risk, you will never get out of your current miserable situation but don't rush it, good things sometimes come last just like fully ripe fruits. Some altcoins show to increase their price up to x100 - X1000 or more depending on the dedication of them and when the current trend is demanding their service.

We should have the clarifications prior investing because it's risky market and making worse decision could end up us with zero balance.In other words some key factors which should be taken into consideration before investing are :

1) Always invest what you afford to loose

2) Short term holding or long term investment or trading in the market if you have those skills.

3) The strategy of investment including the amount

You should be clear in all things but we all learn from some lessons which are costly for some and others learn fast before losing any relevant amount but this whole thing is common among many but it can be avoided if we are careful in the market.

I have personally DCA investor for approximately 6 months now and going on with the same and have opened a similar thread myself on the forum to tell and motivate some members through it

My Past six months bitcoin journey (https://bitcointalk.org/index.php?topic=5349270.0)

It's best to learn from your mistakes instead of going on with the same regret all your life as it's not going to com back and we miss the future opportunities in the momentum of it.I have also suffered losses in my crypto career but now see i am happily investing in Bitcoin and will get future returns.

Quite relatable to that back in 2017. I hold some shitcoins along with BTC and ETH. Good thing that the dump wasn't over yet before I sold, and it was a lesson for me that day to never hold shitcoins ever no matter how I think about the project's future. "Pump and dump" groups don't give a shit about the project's future if their only purpose is to pump and shill a coin multiple times before screwing over investors.

Thanks for sharing this, Bitcoin is the only asset that you can keep in the wallet and close your eyes, you are here with a completely safe investment and your investment increases with time, you will never lose because the value of Bitcoin is always increasing, it is true that there are a lot of corrections and the price of Bitcoin drops to Low numbers, but this does not matter, because with a long investment, you will inevitably come out with a profit in the end.
All those who walked with Bitcoin at the beginning of its journey and did not buy Bitcoin at that time at those low prices lived this experience. I mean that every year we say I wish I had bought Bitcoin the previous year, so I advise everyone to buy now and hold because they will regret the coming years.

We need to be wise and learn from our mistakes to grow or improve ourselves so we do not have to make the same mistake in the future. Our experience teaches us how to prevent mistakes and solve problem without making another mistake. We need to deal with our mistakes so we know what we have already done. If you can make a profit by selling the coin but the price still increases, you do not have to regret it because I am sure you can get another chance to buy back at a low price and sell it at a high price. You need more time to make a big profit and I believe that you deserve to make a big profit.

Thanks for your comment and encouragement, we have indeed learned from our past mistakes, the essence of mistakes is to make us better and improve on the way we did it previously, and in doing that we realize our real self.
This new year is going to be great for many investors who may have experienced the same path with me in their past investments and the Bitcoin holding pattern is now a steel hand Bitcoin holder.

No man, you're doing great. You may feel bad about it but I don't think that it's not really the case, you saw that it's a good time to take a profit and you tripled your investment already so I don't see how it's a bad thing, it's not like you know that bitcoin's going to go up at 67k. Remember that profit is still a profit no matter what.

This is a big mistake for us. In 2020, when the price of Bitcoin was very low, when the price of Bitcoin was very low, if we had bought Bitcoin, we would have made a lot of profit today.But by 2021, the bitcoin market has plummeted. After that we just had to look at the bitcoin market but we couldn't use it. Even then, maybe the Bitcoin market will go where But that is not to say. So since we've made a mistake, we still have time to buy Bitcoin.

If you look at the mistakes in 2022 - 2021, of course, I will experience many mistakes. but even so, of course there will be solutions that can be done. Mistakes will be lessons.
The fatal mistake I've ever made is holding back altcoins that have actually entered the sell area for too long, but I let them become assets that can't be sold anymore.
With that mistake, I began to learn to take advantage of the moment well, the most important thing is to gain profits and minimize losses that could occur.
In the new year of 2022, of course I have targets that I must achieve and avoid the same mistakes.

First of all I just want to say when indeed it is an advantage it means it is not a fault.
But indeed you are just lacking in observation and in fact even if it is sold there you have actually made several times more profit.
maybe what you think is a mistake is how you are still in a hurry to go all-in in the sale and not try to hold on any longer.
Well I feel you are still benefiting and congratulations on your achievement

As digital gold, bitcoin is a long-term investment. I believe over 90 percent of traders will lose in this market just as in any other market. I think if someone is going to trade, they should do so with only a portion of their liquid assets. This way, they can determine if trading is more profitable than simply buying and holding (unlikely), while still keeping some of their long-term holdings.

That's not a mistake, that's just not being able to predict the ups and downs of the market. To that extend, you made a mistake long ago by not investing in BTC when the price was 100$. So I wouldn't worry about that. There is no definitive strategy for BTC investments, some make it work with a short period of trading, some like to hodl, but however you spin it, the most important thing is that you got onto crypto. Just think of the poor souls that have yet to get into it.

I also think that as long as we can still make a profit it's a good thing, so don't be too sorry to sell Bitcoin too soon. Because there are still many people
who sell their Bitcoins at a loss, so we should be grateful if we managed to make a profit from Bitcoin. Although I know how the OP felt for selling Bitcoin
too fast, because I believe almost everyone has had that experience. Indeed we all have to learn to be more patient holding Bitcoin, because after
Bitcoin experienced a very significant increase in 2021 it could be a lesson for all of us, if we want to make big profits from Bitcoin, don't be in a hurry
to sell the Bitcoins that we have. Or at least if we want to take profit, don't sell all the Bitcoins we have, we have to hold some of the Bitcoins we have,
in anticipation of the Bitcoin price rising even higher.

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

you can't go back in time and regret. so what you can do here is move on and if you strongly believe that the coin like btc will have good future, you can always invest anytime. just like what the OP did. though he didn't know that btc will increase in the future, he kept on holding up until he saw his investments more than tripled from his original amount and sold it. as we have no clue what's coming, it is your instincts that will guide you on what to do with your holdings. don't look back and regret, it won't do any good in your future plans. act now and keep up with the market.

is it a mistake? I feel you are too focused on higher things to forget about your gains.
that's a good thing I guess and that's not a mistake.
you just have to make the momentum again and now it looks like the momentum is good and you must be able to take advantage of this momentum so that you don't regret it like now.

Move on and learn on those mistakes that you had committed and making yourself way more better than before because if you do keep on looking back on your mistakes it would really be just
disturbing out your emotions which would really affect you overall specially on your mindset. Dont ever look back and stress out yourself with those mistakes but instead you should
really mind off on how to avoid those things again for it not  to happen and since you are aware then this year 2022 isnt something would be the same on what happened on last year.
Tend to enhance yourself in terms of experience and awareness.

This is the most easiest thing we do towards this since if we still keep looking at the lose we occur we will be haunted by our mistakes and might we will do the same again since we are greedy to recover it back again. But since new year already happened we should start a good mindset and do fresh start also learn from what bad and good experience we encounter from the past.

Also, if you don't make yourself realized on things then you would be always be haunted by the past which would really stop you on making further actions which its a must thing to be done for you to have

a better investment returns or results in this year.Mistakes are inevitable or couldn't really be get rid off because there's no such thing about being a perfect trader or investor.

Thing here is that you do make money despite of those losses and able to make profits whatever situations you would facing on.

Its really good to feel to sell our asset on profit .You were saying that you have bought it around 10500 and sell it on around 47k$ i think its a huge amount of return which you got .However i think you were really right on your exit cause it can go on the sky but we have to select an exit point where you can exit with a good profit and you did it .There is no surety that it can go more high ,it can dump as well so there is nothing to become upset .Make your next plan where you wanna enter and hold it until you make any profit .I also sold my asset on around 60k$ and i am not upset i am making new plan where i can enter .So i think there was nothing mistake at all .

Correct so moving from the past we made is totally good and we only look back on it if we want to study the flaws what we do from the past, if we can do it for sure we can move forward that's why there are successful people here or people who prolong there ventures since they know how they can take those risk since they already go to more worse situations.

Also we should always take profit whatever it cost since this is the big thing and never get hype on a projects since many of them are scams are only few of them are a good one.

Anyway as you rightly said it might not be a mistake but when you fail to meet a target within the set time is the number of mistakes, there was something that was not done right, and discovering that thing and learning lessons from previous mistakes will save the future a whole lot.

Do you consider this as a mistake? Do you really think that Bitcoin will reach $67,000 at that day you sold your Bitcoins?
You focused more on the profits that you can get on that day rather than holding it. I don't consider it as a mistake though since you got profits though it is lesser. What's wrong is either you bought Bitcoins at the peak and sold at the bottom or you never bought Bitcoins at all.

Even I have experienced that thing but I don't consider it as a mistake since I didn't got any loss for it. I got profit from it and I didn't regret even though I saw the coin going higher at the price I sold my holdings. There are many more who have experienced that too. Well, its good that you adjusted your strategy and will do dollar-cost averaging and will hold Bitcoin for a long time since that is what most of the Bitcoin holders are doing.

Still, I don't see this as a mistake or anything at all but a good thing at least since you got profits from your investment.

Brother, I agree with you If anyone wants to invest in cryptocurrency I would tell them you only invest in bitcoin. Today's small investment may make you much richer in the future can make. When Bitcoin hit the market in 2009 you saw its price and now you see today's price so you can all come up with ideas on how much Bitcoin can make people rich. Another thing to note is that in the last 10 years Bitcoin has been the most profitable stock market in the world and why don't you invest in anything. No one can predict how much the price of bitcoin will increase in the future. Maybe we will have a lot of regrets in the future why we didn't buy bitcoin so I will tell everyone that the safest investment is bitcoin

When is the right time to sell in your opinion? Hodling without a sell price in mind is next to impossible to do.  Not every one is built psychologically to be a long term trader. It takes patience and determination to hodl through the dips, pumps and dumps. I tell you now  what you did wasn't a mistake if you ask me, if you go ahead ask the investors who bought the hype in 2017 who had to wait three years to get their market price they will tell you a different story. Be satisfied with your profits, a 20% profits is better than a 10% loss.

Small investment isn't enough to make someone rich, maybe you'll get large amounts of money but that probably won't last long if you don't put some part of that profit in reinvestment which is going to definitely make things much worse for you because that means that you're content with having just that amount of money.

Op still made okay profits, so I think that regretting selling is unnecessary. While hodling longer can bring higher profits, I don't share the overall sentiment of hodling for as long as one can, waiting for the price to get higher and higher. If you don't spend Bitcoin one way or another, those profits you've made are just numbers on the screen that mean nothing. Unless, of course, you give access to someone who will actually spend Bitcoin on goods and services (directly or indirectly). I think having a target is necessary, and so is having plans on how to spend that money.

on the other hand it is how we set the momentum.
and it is an experience but even if it is like that it will not happen again and what must be prepared now is how you navigate the future what will it be like, when indeed the target you set was not achieved at that time then do you have to give up? of course it's not like that.
On the contrary, this is a reminder so that we will not be wrong again in taking action in the future, especially with the pretty good prospects today, of course, the opportunity is still very wide open.

Selling me Bitcoin too soon or should I say fast as a result of the price fluctuating.
Couldn't stand to watch the rice go so low before my eyes,I was simply scared of holding it for a longer time.
Hopefully I'll brace up this time around.

I think it's a mistake but it's not a big mistake, so there's no need to worry about it, it's a natural thing to happen, after all, you've already benefited 3 times, I think everyone involved in the crypto world has experienced mistakes, it's the same with me personally. I've experienced something similar at different times and I don't regret it.

I don't see it as a mistake though. You simply don't know that the price will still make a push that high, plus you've already made a profit so it's already a wise decision. Perhaps you might feel some kind of regret since the price pushed higher, but what if the price went the other way? You'll have regrets too, and an even bigger one at that.

IMO, next time you want to invest, see to it that you will have something that you intend to store for the long term, and something to take profits from if the price performs quite well.

When it comes to bad decisions towards your prediction then this is something couldnt be considered as a mistake since this market is already an unpredictable one thats why these unfortunate events do happen.
Dont really make yourself get down or in pity whenever you do commit losses.Its inevitable but could be handled out once you do already get some experience.
You should really lessen it on next time you would do it and learn from those so that you'll earn enough experience and learning.

Big or small mistake, that still a mistake, and the result isn't really satisfying. But I don't think we have to put this in big regrets as this kind of scenario is very common to most of us that are because we don't know what will happen next. Even we just hold, keep holding Bitcoin we are still not sure that 5 years from now the value of Bitcoin is more than the price it has today. NO, nothing is guaranteed to that but because we have some faith and because we believe that holding is really a good idea and even have a satisfying end.

You already gained your profit by the 3x I guess its already a good profit unless you becomes more greedy and wait for the price to pump again, imagine currently the bitcoin is now suffering from the price of 40k$ and if we didn't beat this kind of trend now there's another chance of dump again so many people waiting if this is another dump or not. You already get a profit and it's part of the investment taking the risk or losing your asset.

As long as we can make a profit, we should be grateful for it and not consider it a mistake. Because there are still many investors who experience losses
when investing in Bitcoin, so being able to get a profit is a good thing. After all, it is very difficult to predict Bitcoin price movements accurately,
so the most important thing is not how much profit we make, but we can avoid losses alone is a very good thing. If we invest in Bitcoin we want
to always make a big profit, it will only stress us out. So I never complain how much profit I make, for me is a fun thing to make a profit even though
the results are small. After all, if we make a small profit if it is accumulated it will be big too.

What is your point exactly and what sense you trying to make, I will advise the ops to spread his investment going forward and try to hodle some amount in Bitcoin and at the same time try to trade while waiting for the right time to avoid such regret in the future? Bitcoin is a timeless asset and at that, its price can change at any time that is why it is referred to as a highly volatile investment.

Had it been you still HoDL till when the price got got High you would have more than enough,  but it is not your fault you sold out . You never knew the price will  go that high , had it been you knew you wouldn't have sold had so fast. The moral lessons from this is that bitcoin unpredictable in price , the market can change for good. Another lesson to be learnt is we should not be too fast to sell , Hodling is more profitable.

My main mistake is to miss BTC on 28k$ in last of 2020. When i had joined crypto was 28k$+ but today its price is 45k$+ if i invest it in past time I could got double but i missed this opportunity.

Just yesterday binance exchange bought the dip the exchange added about 64 thousand Bitcoins to their holding and microstrategy is also on the way to buy the bitcoin market deep will favor those that can hold Bitcoin so do as much as you can to hodle your Bitcoin and if you can buy then go ahead.

No one can caught the exact top or bottom for bitcoin price or any other cryptocurrency prices. The best thing you can do is to take profits. To maximize your profits you can set two or three take profit targets and try to gain maximum benefit.
The biggest mistake we make is that we don't take profits and the price of the coin falls below our buying price.

Not generalizing, but there are investors who choose to sell when they see the good numbers of fold from their initial investment,

It's not new to anyone here. We do all have that same mistake regretful decision but instead of dwelling we choose to move forward

and try to seek for other opportunities and hope that it won't happen again.

learn to appreciate and never to stop aiming for much better benefits. There's always an open door for people who really seek

for more.. ;)

actually you done perfect because no one knows what will happen next, we buy crypto now and we expect a pump but in the next day it will dump then you will cry for losses .

So never feel bitter when you decide like that because it will happen in the next time.

Be thankful because you earn and just do something good in the next chance .

They can possibly be better next but that only happens when they also learn their mistakes and take action to prevent them from happening again. As long as they carry with negative hopes and no changes taken, I'd never going to expect that this will able solve their problem but it can make it worse and still in losses.

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I actually can't remember my mistake but for sure there is, however, I don't make it a big deal coz it is obvious that we can make such a thing as we are not perfect.

I don't think what the OP did was a mistake, because you are selling in a profitable position, maybe there is only regret because after you made a sale and you thought it was the highest price and it turned out the price was even higher.
and events like that are commonplace, because everyone must have experienced it, myself included, and it will be an experience and must be realized bitcoin is not easy to predict and long term is the best.

Don't remember too much, but make a lesson to improve it. True to what you say, no trader is perfect without losses. But traders learn to avoid it and return those losses. That's not to be regretted, you just do what you can do to the maximum. Take advantage of the moments and discipline the rules you have made. Of course, all require learning and not a little time. But I'm sure one day you'll enjoy the results.

The ops should consider changing the title of this thread to reflect the try condition of the message because what the ops did was not a mistake but just cashed out when the market is still at its early stage of price bull run.
I will suggest you learn how to be more patient next time or try to set a selling date or amount to your investment 3

I certainly understand selling bitcoin earlier than you would have liked to simply based off the price at the Time you sold versus some time down the road that ended up being a good bit more dollar wise but here’s the thing, we don’t know when bitcoin is going to hit a certain level and and biticoin is meant to be used, it’s a currency!

It needs more time and effort to learn out from trading and these bad experiences that we have could always be a tool in order for us to improve and to value trading. This could prove that there is no easy money in trading, it is all been a struggle when doing it. But why do we never stop despite those losses and hard times? It was because we want it and we feel that trading is for us.

I'd fine no regrets when having bad times in trading. Yes, because even how much we care about not making any mistakes, but somehow we don't have any escape. We'd rather face this sad reality in the life of trading.

I absolutely agree with you that Bitcoin is a long-term investment and we should hold it, but not to sell as it will be much more expensive in the future. My strategy is to buy more and more bitcoin on every correction and wait 5 or 10 years and then I believe that I will lock up a huge profit from my crypto investment. Apart from Bitcoin, I also hold Ethereum, BNB and Matic.

Mind you that you can't hodl Bitcoin forever especially when you intend to use it as an investment (and not a currency), if you invest in the Bitcoin network then you intend to make profit, so if you had actually made profit before you sold, then I'm sorry mate you didn't make any mistake, I don't like it when people regret selling their coins cause the price hiked after they sold, you must understand that the price of Bitcoin is volatile, thus it can either go up or down as the case may be, so you can sell and the price appreciates or plunges. What's most important is the kind of investor you are, long term and short term, if you're short term, then it's great to sell whenever you make profit, as for long term investors, they tend to hodl for a longer time, but whichever you are, as long as you're an Investor, the goal is to make profit, and if you did, then it is what it is, and I don't see any mistake being made.

yhup you're right bitcoin is the most safe investment in the space and always can guarantee good return after all. So hodling such assets is worth it wherein just don't be greedy and make technical analysis very often to don't miss some of the opportunity because that's the most important thing as well especially news as it the common reason that can drive the market up and down. Be smart enough also when it comes holding to prevent regrets.

Well, as long as you're into bitcoin, you should not worry even if series of dumps will appear as you won't be selling at a low price. And always monitor the market of course so you can sell some of it and make profits if the price reaches a new all time high. For OP, i think what you did was a common mistake that has experienced by everyone. But what is important, you learned from it and you probably won't be doing the same mistake again.

Missed chances or opportunities would really be on this way thats why we shouldnt really stress out ourselves and do really think off on having going back into the past and minding those
unfortunate situations because you cant really move on and wont really be having a clear mind on dealing with present or to future engagement with the market.

Mistakes had been done thats why its important that you would really be learning from it and wont tend to do those mistakes even though its not an assurance but at least
you are aware on various things.

No one starts on being a pro but once you are getting some experience then you woudl really be heading there.

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

If he really believe that Bitcoin is the safest investment of all then he did not sold all his coins before , but since he decided to sell and feel bitter now then he does not believe those days that bitcoin is that safer at all.
but it is good that he woke up and find the reality now and surely he will keep holding as his experience tell him best .
and also there is no sense in selling if you are not in badly need in funds , HOLDING is the best strategy of all if we are talking about bitcoin as this has been proven for long years now that Bitcoin will still climb no matter what happen in the later years.

Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.

When you exactly to the price you buy your coin that means you are in very big mess of disadvantages and is better that you store the coin and allow Bitcoin to rise again and you make profit than selling because bitcoin is not going up as expected , while some people lose their coin and money in bitcoin investment is because of understanding and patience

Well, the next couple of months will change a lot of things in the Bitcoin market, well the government unrest in Kazakhstan will get settled but fear it doesn't turn into some form of war that could destroy the country economy and infrastructures judging from the ops message I think we should do more holding than selling.

Certainly not the first, nor the last mistake you'll do. Most of us have done it, myself included, multiple times too. However, you've tripled your investment, which isn't too bad. Holding forever, isn't a panacea though, we can't keep doing that, eventually we'll have to cash out at least some BTC. While I get your point, I find it pretty pointless.

I've converted to Fiat quite a few times, do I regret it? On the one hand, I'd prefer if I hadn't, but ultimately, I don't actually regret not knowing, 2-3 years ago. On top of that, I'm not going to win anything back, it won't change.

We really have to be grateful no matter how much profit we make, because not everyone is lucky to be able to make a profit from Bitcoin. After all,
there's no point in regretting something that has already happened, because time will go on, it's better if we think about the future. Everyone
makes mistakes, and it can happen to anyone. The most important thing is that we can fix every mistake we make, that's the thing that will make
our lives better. I also sometimes get angry with myself, because it's too fast to sell the Bitcoin I have, because if I hold it longer, I can make
a bigger profit. But ever since I've seen a lot of people invest in Bitcoin and lose, I feel ashamed of myself for not being grateful that at least
I can still make a profit from Bitcoin.