How I handle crypto regret

[riderinred]

I found the op perspective refreshing. In addition to all that has been said, I leave by the maxim that says ant profit is a profit, it doesn't matter how small it is if you are in profit , you have gain something and you should be happy and proud of your accomplishment.

This is where you excel for when you are contented to be happy on what you have gain for and be proud just make sure you do some improvement for this to be.

That's exactly the reason why I have started to make trades for about 5% where before I had consider them "not enough".
5% gained are 5% gained that won't be taken from me.
If there is more profit to make I will make it and unti that time has come I continue to make small profits.

[Jaycee99]

For all your experienced regrets I would say your fill it with good positive out come by having the right bleed on how earn more and get back form you regret by making the right decision in the future which we should know TO MEKE IT POSITIVE.

I would like to say it that is it and summarize it, LEARN FROM YOUR MISTAKES let go of the negative past make a future, your future positive and none regretful.

[00DKM@]

Do not worry. I think we all have at least regretted our decisions. I sold my coin at x2 but in 24h the price was x4. But I think take advantage of the time that it will never be wasted. by being more persistent or assertive. We can overcome the mental limitations to improve those mistakes.

[jovs]

Takes time , I had it on my mind for days. Thinking those coins I sold at the wrong time, but the other side of me; telling me you really can't tell what will happen to the market , You gained that's enough. move on to other coin and hodl! I learned to hodl now and not panic. Regrets really happen when you missed a rally or missed the chance to ell at high but nah! I keep telling myself I can't predict all the things and be contented with your gains and accept your loses.

Past could serves as our guide on taking our decision for the future so we should always learn from our mistake so we could have a better decision in the future. Opportunities and chances are always within the system of bitcoin it would just depends on us what future we will take if we going to used bitcoin as a form of investment or take it a part of transactions on currency with a right decision making.

[Jpja]

I'm sure any regrets are pointless. We must act here and now. The best way to avoid regrets is to invest a certain amount in the crypto market on a monthly basis regardless of the bitcoin price.

[Anandhi]

Don't let our regret to occupy our mind for any longer. Bad decisions could occur several times during our trip in crypto world. Move on with the new investment and learn from our previous mistakes may help us to get the better feeling.

[octagonsaute]

We cant just do anything about it. We need to face regrets and act accordingly. We need to remedied our strategies

[gurang]

One of those I love.
It is really the contentment than will make you lose all those regrets.
Greed will make you fall. Most of the people have this kind of problem.
They want some more and what happens after a problem happens.

Most of the people have this kind of problem or attitude, they want to continue until they realize that all they do is wrong so they feel regret

[Nhor1011]

    You can't overcome regrets if you don't want to do something and always jump into conclusion which your mind say. Try to do searching and learning because i believe it will help you to understand many things and if you understand already,your regret will vanished away and turned it into positive thinking without regrets.

[SkvorNyc777]

Just like any other regret in your life - analyze it, learn your mistakes and let it fly away. There's no need to live in the past.

[kaya11]

One of those I love.
It is really the contentment than will make you lose all those regrets.
Greed will make you fall. Most of the people have this kind of problem.
They want some more and what happens after a problem happens.

There is a greediness in everyone of us, that's why we can't avoid certain suffering and loses, it is our own doing why we regret our past decisions, we can't blame our selves we don't know what lies in our future and all we can do is accept the truth that we make mistakes in whatever we do in our lives.

Just don't look at the stats. Continue your life as before. That makes it easier.

If you wish, as for me I couldn't skip even a single day looking at my phone and laptop. It drives me crazy and gives me the hype to buy more or sell my assets.

[royale143]

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.

Well, good read and points mate. However, just to simplify, I think the most important learning you can get from losses is not to be regretful but to make sure that it won't happen again. I mean, if you lost only to lose again from the same manner or reason would be considered shameful, most especially on your part as a trader or investor. Losses, in this market, may come at any time, there are even times when you still lose despite preparing enough for a deal; however, it's always better that despite losing you know you did your best to prepare, making the loss easier to bounce back from.

[darewaller]

The best thing is to just try to move on

Yeah, moving on is always the best way to just clear your mind from some of the things that happened already. Feelings of regret always come from the aspect where we wish we could have done things better and since that is the case, we should always try to do it better next time as there could actually be another opportunity and the worst part is to ever make the same mistakes twice.

Therefore it is ideal to always try as much as possible to learn from the first one and make the next one better. Handling cryptos is easier for those who are having sufficient knowledge about various cryptocurrencies. But we must agree everyone here starts as a newbie, so learning must be a part of handling cryptos.

[DPrillio]

One of those I love.
It is really the contentment than will make you lose all those regrets.
Greed will make you fall. Most of the people have this kind of problem.
They want some more and what happens after a problem happens.

There is a greediness in everyone of us, that's why we can't avoid certain suffering and loses, it is our own doing why we regret our past decisions, we can't blame our selves we don't know what lies in our future and all we can do is accept the truth that we make mistakes in whatever we do in our lives.

Just don't look at the stats. Continue your life as before. That makes it easier.

If you wish, as for me I couldn't skip even a single day looking at my phone and laptop. It drives me crazy and gives me the hype to buy more or sell my assets.

Crypto regrets is a normal feeling if we are in crypto world since we have no control or even don't know the right time of rising and falling of a particular coin value that we have hold, like me I can always feel after I sold my token at low price and suddenly after few months its value was ticking high but thinking that I need money and that money saves my day then all my regrets will gone away.

[julzcoinbit]

One of those I love.
It is really the contentment than will make you lose all those regrets.
Greed will make you fall. Most of the people have this kind of problem.
They want some more and what happens after a problem happens.

There is a greediness in everyone of us, that's why we can't avoid certain suffering and loses, it is our own doing why we regret our past decisions, we can't blame our selves we don't know what lies in our future and all we can do is accept the truth that we make mistakes in whatever we do in our lives.

Just don't look at the stats. Continue your life as before. That makes it easier.

If you wish, as for me I couldn't skip even a single day looking at my phone and laptop. It drives me crazy and gives me the hype to buy more or sell my assets.

Crypto regrets is a normal feeling if we are in crypto world since we have no control or even don't know the right time of rising and falling of a particular coin value that we have hold, like me I can always feel after I sold my token at low price and suddenly after few months its value was ticking high but thinking that I need money and that money saves my day then all my regrets will gone away.

Yes, I agree it was normal  when you're in the crypto world because as what you said we can't predict whatever coins It Is, If when its going to fall or even high in value. That's why crypto curreny has take some risk and this make us challenge in every investment  we take in crypto.

[callingbubblyH]

Forget the past and keep faith on btcs. play well and you are bound to get profit

[blitz18]

Forget the past and keep faith on btcs. play well and you are bound to get profit

Past could leads you to be success when you are being patient. That is patient holding coins for the bright future. So always think and decides before to handle crypto.

[umbara ardian]

better experience it all you can make a lesson so that in the future you can to fix the regret you have experienced, as good as possible you should be able to try to get a lot of profit and not too quick to sell coin when the price is cheap.

[kloinko1n]

It's everyday life of a crypto-currency trader. Everyone felt all these feelings in their practice

[isidrorex]

In my own experience, I had my cryptocurrency regret when I started in crypto trading where I made a mistake in opening an entry in LiteCoin because my Technical Analysis was wrong. I loss my money because I didn't have a profit because I thought it will become Bullish but the graph became Bearish. Every mistake is an opportunity for us to learn something and that was my first crypto regret. Good luck Traders!