shoreno
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January 11, 2021, 07:41:48 PM |
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..so I sold some.
you still have a btc with you because you only sold some and you didnt sold all so why regret ? and instead of complaining why not sell again at the latest high ? but since you know the pattern that price can work like a ladder increasing after some time you dont need to sold all your coins just so that you can feel what its like to sell at the highest ath or you can erase those bad memories and start again buying and hodling strong till you are commited to hodl up to the point where you really want to sell your coins .
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Mahanton
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January 11, 2021, 07:51:58 PM |
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So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
Most of the time then you will be asking out for some price decline or crash in the market for you to get in or buy those cheap coins. Sell regret is common into this market on where people do really regret when they sell off early on where they do thought that they had able to earn double if they held back a little more.Well, mistakes like these are inevitable because we don't know on what would happen next.If we do saw that we are making some profits in 18k price then its just a normal reaction for us to think that this might be the right time to exit and secure profits and since market is unpredictable then these kind of circumstances are quite common.
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Swordsoffreedom
Legendary
Online
Activity: 2940
Merit: 1135
Leading Crypto Sports Betting & Casino Platform
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January 11, 2021, 08:15:58 PM |
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I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks.
Bitcoin market is unpredictable but I am talking about the seeking bank loan as an alternative instead of selling ones Bitcoin holding in this rally market in other not to miss the opportunity the market will bring and I am not referring to getting the loan in other to invest in crypto It is true that when you will invest in the crypto market with a bank loan, you always have to be under a mental stress, because they will take interest money from you. However, interest free loans can be taken to invest in the crypto market. If you get interest free money from someone in your family or relatives who has surplus money, you can invest it, even you can share the profit by discussing with them.
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suzanne5223
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January 12, 2021, 11:08:38 PM |
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I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks.
Bitcoin market is unpredictable but I am talking about the seeking bank loan as an alternative instead of selling ones Bitcoin holding in this rally market in other not to miss the opportunity the market will bring and I am not referring to getting the loan in other to invest in crypto It is true that when you will invest in the crypto market with a bank loan, you always have to be under a mental stress, because they will take interest money from you. However, interest free loans can be taken to invest in the crypto market. If you get interest free money from someone in your family or relatives who has surplus money, you can invest it, even you can share the profit by discussing with them. Understand that getting a loan to invest in cryptocurrency is never a good decision if the fund is something you can afford to sacrifice which is not what I am pointing out here, and what I am advising is that it's better to require fiat loan from bank, family or friends than selling ones crypto holding due to emergency because alot of people have missed this year bullish market because of it.
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dansus021
Copper Member
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Part of AOBT - English Translator to Indonesia
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January 13, 2021, 01:40:48 AM |
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The felling is more crazy if the price keep up and you dont have any to sell ouchhhh just like me hahahhah watch and smiley
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rokon1234
Member
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Activity: 462
Merit: 16
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January 13, 2021, 02:07:34 AM |
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This situation i'm also face many times.Even that types of experience also happened with my altcoin.When i think price will up then price goes down.So, this is not a big matter for a crypto traders.
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Dorjoy Khan
Newbie
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Activity: 101
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January 13, 2021, 12:37:22 PM |
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No one predicted that btc will go far like this Brother 😉 and this is all about institutional investor strategy .. They pump it and as well dump it slowly.. I am not thinking again about my btc lose because it has gone already 😉. Now its time to look on eth as well another altcoin movement because its look like ath gonna create new ath.
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pinggoki
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January 13, 2021, 12:54:05 PM |
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I am pretty sure that there are so many stories like you have here in the forum, and also just like me we also have the same story after I have sell my holdings when the price breaks the ath of around $23,000 I've already sold my holdings and now I am regretting it because I've sold my holdings very early although I don't know that it will double the price after some weeks, however I am still pretty bless that the holdings that I am sold has brought me new things to be done, just like I've already buy some luxury perfumes and etc.
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Argoo
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March 18, 2021, 07:23:32 AM |
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I am pretty sure that there are so many stories like you have here in the forum, and also just like me we also have the same story after I have sell my holdings when the price breaks the ath of around $23,000 I've already sold my holdings and now I am regretting it because I've sold my holdings very early although I don't know that it will double the price after some weeks, however I am still pretty bless that the holdings that I am sold has brought me new things to be done, just like I've already buy some luxury perfumes and etc.
When working with cryptocurrency, it is simply impossible to carry out buying and selling actions that would fully correspond to our desire to sell at a higher price and buy at a lower price. Lost profits and even direct losses will always be there. It just needs to be taken as a necessary and recurring cost of cryptocurrency. Of course, we all have emotions and therefore we will never get used to it. Therefore, we will always feel regret and this is absolutely normal.
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Amejoaquim
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March 18, 2021, 02:36:08 PM |
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When my goal is achieved i never regret even though the price skyrocketing after i sell.
No need to upset about that, you still getting your profit and not loss.
Just be gratefull my friend, no one knows the future so dont need to regret about your decision. Cheers!
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Trinx01
Member
Offline
Activity: 297
Merit: 40
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March 18, 2021, 02:53:22 PM |
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I feel the same way, but I wouldn't do that thing if I don't need cash that time, when the price of the bitcoin goes $25000, I sold 0.001 BTC because of a personal reason and I regret it when the price keeps on increasing. I know that a lot of hodlers did the same thing when bitcoin reaches the new ATH, no one knows that it could reach fo about $60000 and keeps on being strong. Salute on bitcoin.
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nightxglow
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March 18, 2021, 02:55:52 PM |
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Yes i know that it might be really upsetting when you decided to sell but then the price really went up. But, well, it happened already, no need to regret it anymore, nothing can be done again. If you really feel disappointed, maybe try to hold your coin for longer next time. But still, the price will fluctuates no matter what, the price will increase, or decrease a lot. You must feel satisfied with a certain amount, and not expecting it to be higher and higher without wanting to sell it. As long as you don't experience loss, it's good enough I think.
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LordShanken
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March 18, 2021, 10:00:41 PM |
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Its natural, I remember when I trade in stock whenever I sold a stock after long holding the price starts moving up. In case of bitcoin just set your goal price and sell when you are at that price. Just be happy with profit you have, dont be greedy.
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