How I handle crypto regret

[ufalo3]

Yes, I have gone through the same situation several times so that I can understand concerns but you have to understand the fact that you can't do anything now, but there is always room for growth and correcting mistakes. Don't think too much about it and remember that better opportunities will come. Cryptocurrancy has just begun and will be better in the future.

In my personal opinion, when you regret, you dive into the past, and you close all the doors to the future best life. Stop doing it and concentrate on the new business.

[ace4549]

For me to handle crypto currency regret, you must think this is the lesson that you must be able to learn to be a better version  of yourself.
From this you can easily cope in all situations that you will encounter and you can be able to have a greater achievements in future because you already learn your lesson from previous mistakes you have.

[Maslate]

For me to handle crypto currency regret, you must think this is the lesson that you must be able to learn to be a better version  of yourself.
From this you can easily cope in all situations that you will encounter and you can be able to have a greater achievements in future because you already learn your lesson from previous mistakes you have.

I always have a regret but I also think that it's part of the game.
In crypto, while we are trading we also experience losses and profitable times but we should aim to be profitable in the end.
It's impossible to make money all the time due to the fact that we are just humans and we make wrong decisions sometimes, which might be costly to us.

[sirohige]

usually a lot of people will regret if they sell at a cheap price and suddenly the price goes up or they are stuck at a very high price, if you want to overcome the remorse you should be able to control your patience and don't be easy to panic because usually all those mistakes panic occurs, for that it might be the best way to stay patient and don't make mistakes like that again never give up.

[emberbekas]

In crypto, making decisions that result in regret cannot be avoided. Almost everyone already and will face it. We certainly cannot predict the price movement accurately forever. Make it as normal condition. Thus we will not be trapped in protracted remorse.

[Tetutu]

if you have a strategy for achieving goals and passion for it, then there should be no different doubts about whether you did the right thing or not

In trading, must not regret, whatever the results of the transaction. To avoid regret from crypto transactions, must learn crypto trading indicators so that the winning percentage is greater than defeat. For monthly or weekly targets, if more profit means everything is fine.

[Wonder_woman]

Regret is an inevitable state of mind in crypto at one point or another:-

why didn't I buy that coin when it was $0.50?
why did I sell this coin early?
why didn't I take profits on the way up, only to see the value fall 50% in a market crash? (a lot of us in the last crash!)
why didn't I buy the dip?
why did I FOMO and buy at the ATH and now I'm holding an unrealised loss?
why didn't I buy more of this coin?
We're all going to make "mistakes" that lead to a feeling of regret and self-admonishment.

I have a couple of strategies here to help me dampen the feeling of regret.

1. I have to realise that regret is largely based on a "maximalist"/perfectionist mindset, which is both unrealistic and unhealthy. We are attached to the notion of maximising profits. But what would that involve? It would involve being the perfect, machine-like investor. Always buying low, selling at an ATH, taking profits at the perfect time. It's an impossible standard to live up to.

If I make a profit, I compare my profits to the stock market. If you do THAT, realise you're likely "killing it" even with a "modest" 100% gain (it's ridiculous even to put "modest" here). If you can make a 10% gain a YEAR in the stock market, that's considered a success.

Also realise that the maximalist attitude is largely shaped around only hearing one side of the story of other people's trades. People boast when they're winning, and they're quiet when they're losing. Therefore, you can start to think that everyone's doing incredibly well.

2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines.

Are you in profit (as in cashed out your initial investment + profits in fiat)? Then you're winning - you're doing better than the other you that didn't bother with cryptos. Congratulations. You should extinguish any regret, and actually feel contentment at your achievement. Forget the "what ifs?" - you made a decision that has made you better off financially and you've learned a fair amount along the way.

Are you holding an unrealised loss? Then know that it's unrealised and while that can be stressful, you're doing well to hold on and you can be proud that you haven't sold yet. It won't fix the regret so easily, but you have the hope your unrealised loss can turn into a realised profit.

Are you actually making a realised loss in cryptos? Of course, this is the hardest situation of all. All you can do is see it as a lesson you paid for. Nothing is without value, and you will have learned something along the way. You gave something a try, and financially it didn't work out. You may not be out of the game, so you could be in profit in a few days or weeks' time. Or maybe you've just had enough. Fair play. Know that you're actually in a big group of people. Lots of people have faced your situation and come out the other side OK. I lost a fair amount of money in Forex a few years ago. I felt crap for a while, then I stopped feeling crap. Luckily, life moves on. Actually, without that experience with Forex, I doubt I would have found any interest in cryptos - and I have profited from cryptos much more than my Forex losses - so there is that. Plus, cryptos are a LOT more fun than Forex.

I know that everything above is purely based on financial regret, and the counterargument is that "there's more to cryptos than just making a profit" - but when it comes to regret, it's almost always about money.

I always feel the same, the moment that is full of regrets it made me a little bit crazy since it always *pop* into my mind. lol. When there is a time I realize all my loss I feel very fail and I almost shout loud in crying knowing that I loss huge amount of my assets. But its pretty coll seing your self smiling after that. lmao 

[Simu111]

regret every factor we promote is no longer like me, i can certainly recollect selling because i'm scared of a extensive growth however whilst we preserve the fee down just like this. due to the fact that learning trading i appreciate what is the modern-day cost and the income target that i can reap

[renemagritte]

You learn as you live it. There will be plenty of chances that you miss, and you will get some of them. Don't forget that those things will teach you and you hopefully don't make the same mistakes again. But also you cannot find a coin's ath and atl.

[Cling18]

I just drink untill I can't think.


(just joking)

This is an effective way of regretting about trading. The is no such thing as perfect trading so we must be smart enough to handle our emotions. Once had a transaction and we sold something, we should bear in mind that cryptocurrency is volatile and is always changing. We should accept the changes.

[ufaiz50]

I am more likely to forget regret and take the important side that I can learn to be better in the future, in this case I am more relaxed and do not need to panic or do things that could hurt myself, here the importance is that we can control myself because if we continue in regret we will only harm ourselves.

[Souldream]

I am more likely to forget regret and take the important side that I can learn to be better in the future, in this case I am more relaxed and do not need to panic or do things that could hurt myself, here the importance is that we can control myself because if we continue in regret we will only harm ourselves.

There's nothing wrong with regrets because we are only human were not perfect that's why it's natural to commit mistakes. What's more important there is you experienced it and you can learn from it. As you learn from in your next life event in the business world or even in the real world, you can apply the life lessons that you have learn from your past mistakes.