Bitcoin Forum

How do we never regret a trade again when we lose money, miss a cryptocurrency pumping, and sell our Bitcoin or altcoins early on Coinbase, Bittrex, Bitstamp, or Poloniex? The trick is realizing that as long as we are playing any game in life, losing is certain and winning happens more often

Yeah you are probably right, when we lose the 10X we would feel regretful, and then miss another chance, all we need to do after that is to seize the chance next time.

Thats the reality not only on trading world but also on our daily lives when it comes to situations. Mistakes and regrets do really happen which those things cant really be avoided since we are just humans. There are really things that we wont able to know this is why no matter how many times we do fail and regret just dont give up and inspite of those mistakes its important to make learnings on those things because later on it would really help you to be a better trader soon since you do have already the experience.

It is impossible to regret about the missed opportunities. Our task is to sit on a tree and when the apple falls from the tree - jump off, raise it and again on the tree.

Of course l will never regret in trading because l experience how good it is. When l hold one of my coin in just 3 weeks it cost $10000 .So l found out trading is the best way to earn money in bitcoin very quick. Then you invest it tour money becoming more and more. Bitcoin now is very interesting the value is getting higher and higher. Many people now get involved in bitcoin that's why it is getting well-known to all over the world. That truly bitcoin is giving us earnings,profit and income.

Everyone of us have been int that kind of situations that you have describe. Its really sad that we regret selling our bitcoin or altcoins early. The main thing though is how you rebounded from such miss opportunity. Others have gotten out because crypto's failed to deliver them the ever promise of getting rich very quick. While most of us decided to stay in the game because first, we do love it that's why we take losses and the enjoy our winning, but importantly, it gives us satisfaction when we go all green and made the right decision. It's been a part of my life now and I'm not turning back. Its a game in like like you said, so we should prepared to take losses sometimes.

I don't even trade anymore  8) 8) 8)

No but seriously. Don't invest.
If you can't temporarily disable your emotions when making a trade it's a lot better not to trade (especially day trading). Unless you're vulnerable to FOMO. It's a lot better to make a calculated 50% profit instead of a 100% panicked one and then lose 500% in bad rushed or panicked trades. You should always have a plan.

There are some major keys for you to not be regretfull or upset of your trading, remember that almost 90% of the coins you invest in are coming back to the price you bought on a certain time, make sure that you invest in projects that have a good team, a clear whitepaper and a project that is realistic, give it time, at least months for it to grow and patience is the key in order to get more of those chunks of btc.

The only time I can admit someone loses is when he sold at lesser value from what he bought it aside that, its a profit no matter how small it and that is the category majority of us are. The point we always want is to always make the maximum profit. Someone who sold his BCH (he got as a result of the fork) early or when it crashes will start blaming or counting his losses now but my question is how much did you pay to get it in the first place to be sure he made a loss?

Hey,

You're completely right mate; at the end of the day, profit is profit. If you bought a coin at 1k sats and sold for 2k sats, but it went on to 5k sats or something, that sucks, but you still DOUBLED your money. I used to kick myself over these things. A couple of days ago I sold a coin for 5k sats which I purchased awhile back at 3.5k sats; it then went on to 7k sats. What can you do?
Profit is profit, enjoy it where you can! And remember, focus profiting in sat value, not $ value :)

Happy trading!

-Knightly

Just don't dwell on your mistake, take a rest and learn from your mistake. Remember none rich people never lose money. Personally, I believe if we feel that we are missing some opportunity there will a big opportunity waiting for us ahead.

Loosing is normal in trading and if you think you will not loose then you are wrong. Making mistake is normal in trading because we can't control the market all we can do is to analyse so do your homework well so you will not loose money again. Moving on is the best thing that we can do, and hopefully we learn from it and trade better next time.

I would say that it has some truth to it, but I would like to add something to it. From my experience, you do tend to lose some trades but that doesn't mean you would not win on the next ones. You should not indeed regret any trades but when you do receive a loss or profit, you should learn from that trade and repeat the strategies that worked and never repeat that ones that didn't. This is something hard to comprehend, since not all strategy that worked before will work again, nor will a strategy that did not work will not work in the next time you do it. Experience is something very important in gambling, so take every trade as a learning experience.

I lose about half btc in trading. So much regret from buying at the top. Dont just buy the news,  research.

I think it's all because of the undeveloped discipline of emotions and perhaps a little experience in crypto trading. I myself have often stumbled that did not put a stop loss on the deal, as a result, go to investors. But you can go to the eternal investors if you buy a shitcoin and do not put an adequate stop.
Normal alts of 99% that will grow sooner or later, but even then you become an investor and freeze part of the deposit, but with a stop you most likely repulsed the minus before and would trade further having the full depo available.

Indeed, always move on every time you fall, lots of opportunity out there. Personally I loose money in trading, but it doesn't mean I will stop doing it because its really normal to loose. Trading is very risky so better to do more homework to prevent big losses.

To get rid of the annoyance of losing some of our money in trading, I think quite difficult. Even losing and winning has become commonplace in trading. Perhaps the only way is to be sincere and grateful, so we do not think too much about the treasures we do not bring to death.

Well, I've learned that in a market as volatile and uncertain as this, we should never compromise so much with a currency as to miss the opportunity to collect good returns from our trading decisions. It is true that we will eventually lose some profits by cutting a pump half way, but this should not be so traumatic with hundreds of altcoins that continuously provide great opportunities to continue earning money.

Yes, that's true of what this man is saying. Actually trading depends on each person each. There are people who like to analyze and predict the price of a currency. There are also people who do not like to take risks and not too good at doing things like trading. For example, like someone like me, I do not like trading and I'm too afraid to take risks. There are people who are not afraid to fail and dare to take risks with large capital, for those businesses that do need capital. But people like me just want jobs or businesses that need little capital. I just use cryptocurrency to invest only. Although I know that invest is also at risk and need big capital.

Losing money in trading is normal and must be heartened to accept it
We must be more careful in money management, discipline, consistent with the target, and not greedy can avoid / minimize your losses

Iam in same situation, day trading is unpredictable job and sometimes i miss big profit so now i will change my strategy to become holder for coin that has big potential, i will hold it a few month. This is will be more easy because just spend time to learn the coin in fundamental only and not need much time to analyis the market. This is more easy and the profit can be bigger than day trading.

i already lose my money , but i didnt stop. my fault is i bought at high, then i decide i should research about cryptocurrency trading system, so now i found it , and a succes trader ;D

Yes i agree with you. You cannot understand the true meaning of winning if you do not lose and on this bitcoin world, or life, we will encounter not only ups , but also downs. This is a nice mindset that a newbie also should possess in order to take the losses as a positive output, to learn.

keep trading with small fund and wait when you get back your confidence then you can trade again normal.

Don't let yourself regret when we do trading, it is just a normal thing when we loss from it, actually was just simply to do it is just like studying in school we don't need to rush things for us to graduate early, we just need to take it easy and enjoy things while we are at learning stage then after we have learned we will eventually become successful.

My wife say i have no emotions. This helps me be a better trader. I have lost of coarse but overall i have gained more than i have lost.

Well I think crypto currencies investment requires proper assessment before deciding to go on selling your coins when there is a big drop or taking chances of buying them then sell when the price goes higher. If you are afraid of taking risk chances are you can also experience tremendous losses and regret over it. It's a matter of giving trust on what you invest and wait for the proper timing

There is no use in regret. What is done, is done. If this has been your decision you have probably made it under certain circumstances and you have to accept that and move on. Look into future and see what can be done bette, it's the new lesson you have learned. There will always be missed opportunites and wrong decisios but it's important to learn something from that and get back stronger next time. Negative emotions will destroy you, don't let them run your decisions.

Well I disagree in thinking of trading as a game but you're right that losing is a certainty and all you have to hope is that your gains outweigh your losses. Remember that you are not omniscient and so can't always do everything perfectly.

It is depressing if you lose so much money . You'll regret it at first but that is what trading is. We shall be reminded that the moment you decided to enter trading , it is speculative even if it is increasing. It's not always a winning situation.

yes that's right to test your skills on trading ,which is need to risk first to gain more strategy for the next attempt. Or before anything else search in internet what are the basic steps for beginner or ask here what are the best strategy to trade.  So that you can gain more strategy and also to prevent loss and regrets.  

Definitely yes,never regret in trading again because trading is risky so youll need to accept the fact that you will either earn or lose but dont give up on it because every failure you can learn more and gain more ideas that you can use to be able to earn so dont lose hope and keep on trying no matter how risky it is,there is still a way ti earn it.