How I handle crypto regret

[poplolnman]

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.

There always another chance in front of you , don't let that feeling keep drag you down.
Things won't run same as previously but you can get some lesson to get better , in crypto there's a future financial staked , you can use it as your motivation to do anything involve crypto development no matter it's just investment or even more technical stuff . In the end you'll get things that you'll never imagined before.
Believe me an idealist thought could leading into beautiful unexpected things. Regret would only burn you down.

[1715391264]

1715391264

[clex_us]

All of us need time in order to cope for our losses, especially when we're talking about large amounts of investments wasted due to negligence or being irresponsible. You may be right that everyone of us needs to move on but let time do the work in order for us to move-on completely.

[Findingnemo]

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!

Yes sometimes something will happen so we need patience and some more experience but all of us have both success and losses are common we need to face them with more easily and move on from that.

[Mahanton]

All of us need time in order to cope for our losses, especially when we're talking about large amounts of investments wasted due to negligence or being irresponsible. You may be right that everyone of us needs to move on but let time do the work in order for us to move-on completely.

Recovery or moving on wont really be an easy thing specially when we do experience it on first time where mistakes do really affect us bigtime and moving on directly isnt really possible which same as you said it does really needs time for us to heal up because into those times we are learning and realizing it too why we do commit such mistake and further on you would gain experience along the way.

[Blessed J]

Regrets are very common in this Cryptoworld. There are many times that you sell a coin and it starts increasing and sometimes you hold a coin and it starts to decrease. However, you must try and move on as there are many more profitsharing you can still make. The times that we use to worry can be used to make many more profits.

[richkellj]

we are trading and make decision of buy and sell at the price we are making for, pick those decision and never look back.
regret will never turn your money to lambo, just be grateful for the profit on us, it was just our proportion.

make it as learning to ourself to be better when doing it. i know it was so hard to buy on the dip and sell on ATH

While being there in the world of the crypto currencies, you will come across so many things which may result in loss of money and that because of them, you may feel regret and that you think of quitting doing all that. However, the only thing which you need to keep in your mind is that you need to learn from all the mistakes which you have made in the past and that you need not to lose hope.

[ohkkstaaahp]

I have also met you, I was wrong to sell pennies for cheap. and at present prices have risen very high. I regret and I try to forget them but still not. I did not look at them anymore, and now I'm used to it. Do not worry about that coin and expect the future to get more potential coins.

[dsaijz03]

Always think that you cannot read everyones mind so you cannot predict what will happen to the cryptos prices to everyone can experience regrets so best thing to do is to accept then after move on and try new crypto or wait until it dump.

[btc78]

Damn such a long story,i wonder how people now got crazy just to gain few merits,that even if it took them to make story telling lol..

It seems like youre the only member here that has this huge regressions 😂😂😂

The only regrey I have in crypto since I learned this community?is "why is it I didn't  believe this the first time i have been told"

Thats my only regrets and nothing at all

[OPEXDECAPEX]

we all go through the same issues in timing the market. The only thing learnt over the last year or so are (1) cash is a position in trading cryptos (2) cash flow management is important. (3) do not get suck into ICO rounds in this current climate, the good projects tend to trade better after the heavy sell off when they hit the exchanges

[budz0425]

It is okay to regret for some time just make sure not to regret all the time, because if you are regretting most of the time then this means that although you are seeing a good opportunity still you are not doing some things for you to earn and it is not good as a trader/investor.

[Kambal2000]

Damn such a long story,i wonder how people now got crazy just to gain few merits,that even if it took them to make story telling lol..

It seems like youre the only member here that has this huge regressions 😂😂😂

The only regrey I have in crypto since I learned this community?is "why is it I didn't  believe this the first time i have been told"

Thats my only regrets and nothing at all

A lot of people are regretting actually right now since they don't value what they do have and just take this forum for granted until the merit system has come, anyway there is always a room for improvement, it is  not yet the end of everything so I don't think that we should regret things.

[arpon11]

That is the beauty of this market. We are going to make mistakes and it is through our mistakes that other traders actually make profits.  The market create this loop hole in other for us to know that it has it own mind and it always decide were it will go  buy itself and if you go against it directions you lose.

[FreeFerret]

Ah regret.... always regret.
You try to learn from your mistakes and move on... Perhaps you can take solice in the fact that a lot us have made mistakes but as long as the mistake was not fatal we can always move on.
But yeah regret sucks.

[Ailmand]

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, I think the best thing to do is to accept that this may happen, especially in this market where there are so many alleys to lose your investment. It's not an easy thing to invest in this market surely. Therefore, as an investor, you should have an open eye for seeing these alleys and to avoid them to not experience losses. Also, you should have a "short memory" so that you won't have to dwell on this bad stuff.

[crazycatwoman03]

Damn such a long story,i wonder how people now got crazy just to gain few merits,that even if it took them to make story telling lol..

It seems like youre the only member here that has this huge regressions 😂😂😂

The only regrey I have in crypto since I learned this community?is "why is it I didn't  believe this the first time i have been told"

Thats my only regrets and nothing at all

A lot of people are regretting actually right now since they don't value what they do have and just take this forum for granted until the merit system has come, anyway there is always a room for improvement, it is  not yet the end of everything so I don't think that we should regret things.

Yeah, many people are having a hard time dealing with the merit system since it is very hard to get a merit unlike when the requirement for getting your rank high is the Activity. I am also against it when it was first implemented but after seeing some forum threads where there are lot of new members who seems like just getting their ranks high, I realized that the implementation of the merit system will be very beneficial to make the forum healthier.

Aside from the regret of taking granted of the forum, other members are also regretting how they didn't believe at cryptos the first time they heard it. It is understandable because it is our human nature not to believe easily but realizing that you have let go of a good opportunity before is really saddening. Anyways, it is not too late for these people can still join us here in crypto earning.

[Omega Weapon]

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.

That is a lot more healthy, there are many traders that are always looking to make a big trade in which they double or triple their money and while that is possible we need to be honest with ourselves, how many times that is going to happen? You will need a very bullish market and when that happens you do not need a lot of skill you just need to buy and let the market to do its thing, so it is better to aim low, not only it is better it is also easier, because there are many more opportunities to make 5% with a trade than to make 100% with a trade.

[Kidmat]

It is okay to regret for some time just make sure not to regret all the time, because if you are regretting most of the time then this means that although you are seeing a good opportunity still you are not doing some things for you to earn and it is not good as a trader/investor.

Yes regretting all the times when trading may resulted of not good output. In trading their is mistakes always happen and that mistake a lesson for you to corrected it. Move on is the best move and make it right into the next steps for you to be successful during trading.

[robotrobert]

When I have just started crypto I from beginning have prepared myself to that feeling, lol. If you are ready to that, you wont regret a lot.

That was very smart. At most it would hurt a bit but the person won’t give up and neither lose his confidence in this market. Besides, if a little care is shown and some research is done beforehand, it is not very likely that a person will lose a lot of money. But the best is to keep oneself mentally prepare for the worst and try to work out methods when the fear becomes true.

[BaraxLo]

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.

Satisfaction is an enormous fundamental of a success story. All those who have been successes in their lives, they are now rich people in the world, all those have been satisfied with what they had obtained. In start, definitely little happiness can be there when you win a little. But mostly people want big profits even in the start of their career and aren’t happy from little earnings.