How I handle crypto regret

[Xising]

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.

I agree. I think to be discipline is the best way to go at it. I mean, in this market, losses seem to always be part of the landscape. Whatever field or department you are in; whether in the ICO, trade or investment market, there's always those risk and alleys for losses, and unfortunately, those obstacles are much more abundant in this market. Therefore, you have to know how to deal with them. For me, the best way is be objective and disciplined with looking at your losses. You have to have the patience and the eye to look at it in such a way that you know how to sight those mistakes that led you to such losses and improve on them. If not, one should always have the will to continue, despite losing whatever the reason is.

[1715004004]

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[Chachacoin17]

Just move on and don't ever think it in a negative ways if you have regrets on cryptocurrency, and one example of that is last year's profit that has gone away so bad. But wait there's still a chance to gain that profit if you don't panic during bearish market and you're holding your asset is the second opportunity now that needed to be not lost at anymore.

[blue_nexus15]

Regretting is a natural emotion. Human beings naturally commit lot mistakes. The investments sector is especially more prone to mistakes has there are lot of risks involved. The worst part is that you cannot do anything about it. I realize that a loss has been occurred and regretting about it would not do any good. Instead I learn from those mistakes that where I went wrong and make sure that such mistakes don’t occur in future.

Agree with you mate , controlling also this for are not as easy thing that we cant actually have to do for. More and more are moving forward even they have loss a lot it doesnt matter, what the matter is the fact that you are not regret anything just make a profit as what you want.

The mistake of financial investment is very normal and most investors have to go through it, it is important that after each failure you realize what it takes to be successful in the future. It is better for the cryptocurrency market and investors will have the opportunity to regain what has been lost in this market.

[maminelly]

makes some really good points though, it's really important to take a step back at times and look at things from a holistic point of view, yes you could be much better off if you were god and you knew exactly what was going to happen, but you are not so you just have to do your best and if that leads to a profit then you can be very happy with that. does not mean we should not be self critical and aim to learn and improve, it just means that it should stop short of chastising oneself.

[marine4u]

Regretting is a natural emotion. Human beings naturally commit lot mistakes. The investments sector is especially more prone to mistakes has there are lot of risks involved. The worst part is that you cannot do anything about it. I realize that a loss has been occurred and regretting about it would not do any good. Instead I learn from those mistakes that where I went wrong and make sure that such mistakes don’t occur in future.

Agree with you mate , controlling also this for are not as easy thing that we cant actually have to do for. More and more are moving forward even they have loss a lot it doesnt matter, what the matter is the fact that you are not regret anything just make a profit as what you want.

The mistake of financial investment is very normal and most investors have to go through it, it is important that after each failure you realize what it takes to be successful in the future. It is better for the cryptocurrency market and investors will have the opportunity to regain what has been lost in this market.

Make greater success after every mistake, which is what the devoted investors should do to assert themselves. Mistakes will make the investor grow stronger by learning from his or her own failures because it is certain that you will not be able to learn it from anywhere.

[tumokatok]

You forget about the coin and do not look at it often, as I think the price of the coin will bounce back, but we see that the market will recover later this year.

yes, there are many who predict the value of the crypto currency will reach its peak by the end of this year, so the real explanation is not to buy crytpo currency when the price of crypto is still under correction.

[pinkliar]

Regretting is a natural emotion. Human beings naturally commit lot mistakes. The investments sector is especially more prone to mistakes has there are lot of risks involved. The worst part is that you cannot do anything about it. I realize that a loss has been occurred and regretting about it would not do any good. Instead I learn from those mistakes that where I went wrong and make sure that such mistakes don’t occur in future.

Agree with you mate , controlling also this for are not as easy thing that we cant actually have to do for. More and more are moving forward even they have loss a lot it doesnt matter, what the matter is the fact that you are not regret anything just make a profit as what you want.

The mistake of financial investment is very normal and most investors have to go through it, it is important that after each failure you realize what it takes to be successful in the future. It is better for the cryptocurrency market and investors will have the opportunity to regain what has been lost in this market.

Make greater success after every mistake, which is what the devoted investors should do to assert themselves. Mistakes will make the investor grow stronger by learning from his or her own failures because it is certain that you will not be able to learn it from anywhere.

Mistakes can way for us to learn everything we did wrong in crypto. Not because you do mistakes means you need to quit, instead You should further expand your crypto capabilities.

[otundebis]

Regret anti productive and it does create an environment where negative feelings and outlook will hinder you from seeing opportunity that exist in the market.  In addition,  regret will sapp your energy and the will to continue.  Deal with regret desicively!

[Daniel9140]

I have been in this market and I know that regrets Happen regularly in this space. The best and simplest way to handle it is to be disciplined in all you do and follow up on the strategies you have layer down for yourself

[Maslate]

I have been in this market and I know that regrets Happen regularly in this space. The best and simplest way to handle it is to be disciplined in all you do and follow up on the strategies you have layer down for yourself

That's good and because of your experience it teaches you to be smart, in order to survive, we have to understand the nature of the market.
It's volatile therefore we have to figure out how to make money out of it, as long as we do our research and we don't easily panic, there's always a chance to succeed.

[perla]

I have been in this market and I know that regrets Happen regularly in this space. The best and simplest way to handle it is to be disciplined in all you do and follow up on the strategies you have layer down for yourself

That's good and because of your experience it teaches you to be smart, in order to survive, we have to understand the nature of the market.
It's volatile therefore we have to figure out how to make money out of it, as long as we do our research and we don't easily panic, there's always a chance to succeed.

Experience is key to do trading, even is it on analysis or mental so we can be successful trader. If we can control that, success will come to us easily. What else to be good support is how to find correct coin to buy.

[Aivaryamal]

I think, that need not to compare themselves with other, have all its might and need his the size of the increase. And consider the start of the day when they decided to do cryptocurrency, despite the experience and results of other people.

[biletskiy]

Their are lots of ways to have these regrets and these regrets come to our mind often tines when we make wither profit or loss. The best way to curb these regrets is not to trade with your emotions and try to be disciplined in all things that you are doing. This is the best way to reduce it

When somebody starts to regret, he is digging a deep pit for himself. This is the way to be a loser all the time. The winners just take the losses and mistakes as the lessons.

[vinbentrob]

I see that sometimes,  our cryptocurrency trading regret are exaggerated and there is nothing that could been done considering the fact that you are not in control of rise and fall of cryptocurrency prices.  We should be moderate and realistic about our expectations!

[gurang]

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.

don't worry about everything all you can do is to trust and to believe on what you can, don't depress yourself about that just calm and enjoy

[robertsu]

Understanding is just the beginning. A person needs to practice learn control in their emotions. After reading the article - you have a fishing rod, you need have to master it yourself.

[minairia3]

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.

Best topic I've read so far and adding to the books recommendations. NO ifs and no buts, you just have to kill emotions along the way whether you are trading using chart or the books. You need to be as objective as possible at all times in investing.

[clickerz]

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.

Best topic I've read so far and adding to the books recommendations. NO ifs and no buts, you just have to kill emotions along the way whether you are trading using chart or the books. You need to be as objective as possible at all times in investing.

Very informative and a sound advise where you can learn also. Ive been there too on those situation. I've got FOMOed too and become a holder Now I am very careful and learned from my mistakes. I do even learned how to cut my losses.

[BeGoods]

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.

Best topic I've read so far and adding to the books recommendations. NO ifs and no buts, you just have to kill emotions along the way whether you are trading using chart or the books. You need to be as objective as possible at all times in investing.

Very informative and a sound advise where you can learn also. Ive been there too on those situation. I've got FOMOed too and become a holder Now I am very careful and learned from my mistakes. I do even learned how to cut my losses.

Regret is a natural thing because every user wants a big profit and they want everything according to their expectations. yeah you're right they want everything to be perfect, but of course that is impossible, the point is to be grateful for what you get dude, make it all a lesson for you

[hoavantathan]

When you decide, you should make sure your decision fit your prediction. Do not try to use prediction which base on your emotion. This way will kill you. You should have a combination tactic. You choose a token for long term hold then use 70- 80% of your money to buy. 20- 30% invest in ICOs or other coins for daily trading.