After a Bad Sell

[Kolly]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

A gain is a gain no matter how small it is. Better to gain something rather than to lose. How bout you buy coins again since the market is blooming at present, just learn how to be contented on your profits no matter how small it may be.

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[marcbitcoins]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

This is really an ironic thing when the selling is not in timing that instead of sell high and buy it low it become the opposite in which you sell low and want to buy it again because it might become more expensive in the coming days so my advice are stop thinking so much about it because sometimes you just need to take action and don't compare your trades to other because comparison is the thief of joy.

[eagle10]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

A profit is still a profit. Nothing you can do to recover it and get bigger profit. Best thing is read and research about what other traders are saying about this coin and that coin. I consulted most of my trading moves from tradingview[dot]com.

Follow the trading experts with most followers because most of the time they are up to 80% correct, then you decide if you can follow their advice or make your own decision based on your readings of the graph. Get opinion of other experts too to weigh in so you can decide entirely based on what you learn.

[richminded]

Well, profit is a profit, you should stick with your trading plan, set the percentage gain you want to then in case it reaches the target, sell then forget. Look for a better opportunity, cryptocurrencies is a highly volatile assets, you should learn how to maximize the volatility instead of getting wrecked because of it.

Set your goals and focus on that. Don't regret  things because in this market there is no sure profit, so you'd better to secure some of it. its really hard to decide sometimes especially when the market is highly volatile but of course you have to stand for it.

This is the case of everyone, every human mentality is the same as like as you. We wont be satisfied with the small profits which we earned but we will long for the bigger profit. We will set up a target and once we reach we will sell but in case if ti rises more than that then also we people wont get satisfied. So we should not be too greedy.

Well, we cannot chase this market forever so we better to secure some profit because we cannot say if the coin will continue to pump or dump, so better to be secure.

[liivii]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

The strategy of buying coins is lower price and sell it if you see a profit is a good move because profit is still a profit. If you put them altogether it will make a huge money so don't be too disappointed to the move you've made because you still gain income. If the move you do make you lose money then that is the time to say you do a bad decision. The best thing is you learn from that experience so next time if you do some move say to yourself that you will never ever regret that move instead it will motivate you more to do better decisions.

[ufaiz50]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

I know that feel, at least we still get profit even though small because many also loss, I have tips that is when the price go up do not rush to sell but see if the rising trend will continue or not, I am sure by seeing the market you can know.

[eaglewhite80]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

Take it as a learning experience to resist that urge to take small profit or...
Be positive that you waited it out and were able to pull profit.

Not taking small profits sometimes can also lead you into not even taking anything at all. I feel the best advise to give him is to learn how to trade for profit. Now, it is one thing to have a strategy and stick to it, which is fine. A lot of day traders sell for profit, the market goes haywire to the upside and they do not kill themselves for it, they just move to a new potential market.

The thing is we cannot time the market, but we can always change our strategy, and if he is ready to always wait longer to get the best result, then the choice is his. Moreover, I feel he just does not know the signals to use to sell in the market. Learning about divergence will really be of great help.

[Pelevelyl]

Decisions are made at a given time and analyzed at the same time. After the deal is closed you will not matter what will happen with your altcoin.

[LoupGaroux]

One main rule if you loss a lot or earn a lot do not need to open new position right now to get more profit because you will need a time to decide how to acting better or you will loss profit.

[Arwinkim]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

You should avoid selling your coin without doing research first. Otherwise, you will fall on FOMO because of your bad decision making. If you are uncertain, I strongly follow the community of coins you are holding. It will give you insight whether you want to sell or buy more. If you have enough money, subscribing in a trading signal provider is also a good option.

[tung06081989]

not only bcc,whole market is strong increas,it is lucky i hold all my coin and now i only see market grow up,i beleive the mrket will go up hight level,this is reward of brave people who hold and buy coin when the market go down

[Slow death]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day

bitcoin cash is a coin of pump and dump, you did well to sell.

then I sold Golem and boom it goes too.

Golem:

Golem | Introduction
The Golem Network is an accessible-to-everyone, distributed, supercomputer that reduces costs (sometimes by over 10x) of scientific research, big data analysis, graphics rendering, machine learning, AI… just about anything that requires heavy computational power. Those why buy computational power off the Golem Network are called Requesters.
All while bringing CPU cycles into the sharing economy so anyone with a computer can rent their computing power out on the Golem Network and make an automated income. These people are called Providers.
It also provides software developers and owners of software (including microservices & dApps) a decentralized medium for distributing and monetizing their software. Software hosted on the Golem network will never experience downtime, cannot be DDoS’d, and will usually be cheaper than running your own servers.

has a good idea, but this is not something that will be worth a very high price because many projects saw with the same idea and who knows with more innovation, ie you did well to sell!

boom:

 

No info...

What do you do in such situations?

Do not be greedy, you make a profit.

[zurc]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

Only sell your altcoins if you are in really need of money. I would suggest that you should have more patience in waiting till it goes up and reaches your target, holding is still better than selling in doubt

[SportsbookBettor]

The market now is recovering and i'm glad i'm one of those people who did not discourage by the sudden dump and pump of the crypto market in the past months. I believe too that the market is recovering now and i don't care if it slow. What important is what every decision we make when we buy or sell. We won't blame anyone because we believe that's the perfect time for selling then suddenly the price went up and that's huge blow for us because our expectation in price exceed but i think we must move on from this and continue trading. Just believe that we can gain more in the following trades.

[el kaka22]

What I can suggest you avoid this situation is to sell partial quantity and keep some then you can get a chance to sell at higher if prices go again high.

Also, if you have made already enough profit from your investment then we shouldn't worry about these things because we can't always time the market. Now you need to find other good coins to invest and make more profit.

This would help someone who is actually doing to be holding and waiting for some few periods to get the best value and also know what to look out for in case things are about to go awry. What you said may actually work great for someone who is looking for the best value hit in a potential market, and selling part of it would work.

If the OP's strategy is a short term trade, I would suggest he should learn how to sell as much as he has learned how to buy as that is the two way street to any market and without it, mistakes like that would always be made.

[matedrink24]

The market now is recovering and i'm glad i'm one of those people who did not discourage by the sudden dump and pump of the crypto market in the past months. I believe too that the market is recovering now and i don't care if it slow. What important is what every decision we make when we buy or sell. We won't blame anyone because we believe that's the perfect time for selling then suddenly the price went up and that's huge blow for us because our expectation in price exceed but i think we must move on from this and continue trading. Just believe that we can gain more in the following trades.

Yeah my friend, thank god we're patience and don't do the panic selling while it's really low price and now is the moment that we're enjoying our work.
I told my friend not to sell but he firmly to me that this market is going down more and more and he sold everythnig he has, now he's actually broke and loss.

[Baoo]

Actually, before everything you must accept this bad decision which led you to a loss because those currencies rose significantly in this period, and believe me, If you keep blaming yourself for this mistake, then this will adversely affect your decisions or your future choices. So just accept the truth and you must deal with this new situation.

Furthermore, you must  learn from  this bad  experience, and  the most important thing is to compensate for this loss with an acceptable profit in the near future. In my opinion, you must collect a good amount of Bitcoin and Ethereum, maybe you should search for some jobs or other things. and then, just HODL all your budget in those two cryptocurrencies, and I am pretty sure that you will earn a lot of money. just deal with the truth in intelligent way.

[GayOfThrones]

I too have sold several Bitcoins when they were cheaper, thinking they would tank further. What do I do? I learn the lesson, and don't buy in FOMO. One mistake is enough.

[surbanaB]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

Firstly, I’m really sorry to hear that, guy. Now you’d better keep your head because as you know that you still have chance to fix your mistake, I believe that this is the best lesson for you to get a big benefit later. You are too hurried in making decision and it’s not a good measure in cryptomarket. But I advise you shouldn’t be sad too much, all you need to do now is buying and waiting. Everything will be alright, if you think in positive way to find a good answer.

[drachman]

So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?

The only way to overcome that is to become a lot more patient, in theory it sounds easy but you have told us that your sold as soon as you saw a profit, while those that obtain the most profits out of their investments are the ones that wait and let their coins to go up in value and they do not get desperate to sell, also it helps you that you learn about trading that way you will not sell when a bull market is just beginning.