sold mine at 14100 dammitttt

[tbterryboy]

36k Price range is a pretty reasonable number, but I think we'll look at some market cycles first before continuing the next bull run. Maybe in 2021 bitcoin will be struggling in the price range of 25k-30k

It very well might struggle once the year is over because usually end of the year is the time when the price goes up and as we enter 2021 we might see a small correction then followed by sustaining that amount for months. Hopefully it keeps rising though because everyone profits when bull run continues.

When you see the current movement of bitcoin is on up trend you may consider of hold. Well, you are not the only one who experience selling early. But, if you are in profit already you should feels no regret at all, rather make another plan to buy some and hold long term.

Yeah but he could have easily sold at 28k, which I am expecting before Q2 2021, instead of 14k had he waited a few months so it always hurt.

I am not going to lie, I said there is nothing to worry about for seling at 14k if you made a profit, but I have to readjust that and say ... OUCH. If you didn't get involved again after a while, you have missed out on some major profits, we are talking about 4k per bitcoin or even a lot more if you do margin or future trading.

I hope he did not had many coins because having 1 Bitcoin itself means a lot and 4k loss per BTC hurts but the thing is not many guys have 1 full BTC either. The user did not replied here after 8th November so I wish he is safe and he last posted in his local Turkish section.

[plr]

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? (

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday

if you bought it back you are still in profit, if you understanding trading and the market, you will not lose if you have not give up, you cannot lose but as long as you are following the market, mistakes happens from time to time, you should always have coins to HODL for a long time, never sell at all you never know the next movement of the price.

[XCANA]

This guy has sold all his Bitcoins at the price around $14100. There is nothing to worry once you've made it, feel happy for it.
<snip>

Basically this is the most important among all, that he made some good and decent profit proclaimed him a perfect seller even though after he sold the price keep rising. The driving force on this industry is the force of Profits, whenever this is realize then nothing to regret.  How about you hold at that amount and the price slide back to $8k?, more regret right?, such is life, keep your profit and be happy.

[culuuton]

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? (

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday

You are quite wrong to have sold a lot of bitcoins, the fact that has been going on for the past few weeks says it all. There was a lot of forecasts for prices to rise sharply by year's end on this forum, and that was true. Over 18k now but still a good time to hold.

[XCANA]

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? (

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday

You are quite wrong to have sold a lot of bitcoins, the fact that has been going on for the past few weeks says it all. There was a lot of forecasts for prices to rise sharply by year's end on this forum, and that was true. Over 18k now but still a good time to hold.

How do you mean; wrong for someone who's in need of cash to cater for life?, does it mean the past forecast about Bitcoin price was true?, most of them never saw the light of the day (the predictions in the past about Bitcoin prices), now you're saying OP should have waited for what's not predictable (Bitcoin)?, no. OP took his profit which is why we'll are here for, so, that should be okay honestly.  Do you believe that somebody just sold his stash now because of profit?, that's the access why we are here and not to hold forever.

[daarul50]

This guy has sold all his Bitcoins at the price around $14100. There is nothing to worry once you've made it, feel happy for it. I've come across people who missed the opportunity of $20000 and sold at the price of $8000, because they're in need of money. Anyhow the decision is yours, so it isn't a big issue. If the person have made the trade getting suggestion from any of the user, then he could've started scolding that particular person.

They thought it is enough to buy at 5000 usd and sell it all at 14000 or 15000 , 300% profit baby.
While they actually can have more than 500% in profit lol
But that is fair , as long as you sell it in profit position, i mean not only have 10 or 20% but hundreds percents.
Taking profit for low percentage is not worth the time as you are waiting for that long time , so make sure you are in the correct exit way.
That is alright.

[KTChampions]

This guy has sold all his Bitcoins at the price around $14100. There is nothing to worry once you've made it, feel happy for it. I've come across people who missed the opportunity of $20000 and sold at the price of $8000, because they're in need of money. Anyhow the decision is yours, so it isn't a big issue. If the person have made the trade getting suggestion from any of the user, then he could've started scolding that particular person.

I wonder if bitcoin will roll back to 12k if he will write that it is not so bad that he fixed a profit that time 
As you correctly noted, his situation is in any case better than the situation where investors bought on past highs and still cannot get out at least without a loss (and some were forced to exit due to lack of funds to keep bitcoins).

[STT]

14k over the longer term might still occur when viewing price action on larger bars thats feasible but nearterm we've been strong ever since.   Here on 1hr bars we've challenged 2 day average for fast momentum sometimes but not even losing this measure shows how regular this rally has been which means its not often been a sell for this whole month which is alot of gains now.



The reason I think it can still pull back is when it exceeds even its own trend and assumes any kind of parabolic action then price becomes less supported, less regular and more liable to some reset.  So far attempts to sell have not strongly tested prior highs, last attempt was around 16k.

[fortunecrypto]

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? (

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday

This is an investor's dilemma, I have a fair share of that dilemma, go up after you sold low, go down after you bought, the volatility of the market always plays a trick on investor's motivation, but as long as you are investing in a good coin like Btcoin, that always bounce back you can always recover what you've lost.
It's really disappointing but when you get the hang of it, you can always try to recover and the good news is you always can as long as you are not giving up.

[doomloop]

I still believe that as long as you make a profit, where you sold shouldn't really matter. However I also understand the feeling of missing a profit as well, that is how the human psychology works. I remember a scene from the social network where Sean Parker talks about Victoria secret founder, he created the company so that people could buy lingerie from some catalogue instead of going to the shop, it worked and he sold it for 5 million dollars, the guy who bought it sold it for over 400 million dollars just a few years later, and the founder killed himself.

Now this dude made over 5 million dollars in profit by creating just a catalogue company and he should be happy about it, but he couldn't let down that missing profit and killed himself. People take a look at the missed profits way too much.

[redsun114]

This is an investor's dilemma, I have a fair share of that dilemma, go up after you sold low, go down after you bought, the volatility of the market always plays a trick on investor's motivation, but as long as you are investing in a good coin like Btcoin, that always bounce back you can always recover what you've lost.
It's really disappointing but when you get the hang of it, you can always try to recover and the good news is you always can as long as you are not giving up.

In order to avoid these things, you could always keep your bitcoin and never sell it. I know that when you have bitcoin and never sell it, it could be 1 million dollars per bitcoin or 1 dollars per bitcoin and it is the same for you because you are not spending it, you are not selling it, it is just there for showing and not used at all so it may not make sense to many people.

However you can get rid of that notion by stating that you are keeping it for your retirement, or for 20+ years and eventually will sell. In 20 years I will not be retired but if I keep my bitcoins and not sell them, I could very well just have a good profit from it and retire earlier than expected for example when I am still relatively young. This is not going to be the case for many people who day trade, but works very well for me so far.

[Viscore]

if you are buying it below $14,100, that was great and still profiting which I think it is the case. I feel you're regrets and disappointment because you will see that the price continues to move high but what if the market dumps and you miss that price? The same feeling might be seen to you as well or even more regrets.

We never know what is coming, what you've done is the right thing to do. I say it was right because you are able to manage to sell at the higher price, feels that unlucky but at least, you still make some money on it.

[Smitty Werben Man Jensen]

Today's Bitcoin price has touched $ 19,000 and it's down again,
sell it at $ 14,000 of course it's a painful thing, but many people also have experiences like that,
my advice is just hold your Bitcoin, or buy it again at a price when the correction arrives

[Inkdatar]

Today's Bitcoin price has touched $ 19,000 and it's down again,
sell it at $ 14,000 of course it's a painful thing, but many people also have experiences like that,
my advice is just hold your Bitcoin, or buy it again at a price when the correction arrives

Yes it touched to $19k and he is not the only one feels regret of selling bitcoin early. But, if you already earned profit it is also a good moves selling at that price. The market is volatile and we cannot predict at what price it were going. Some stay long on bitcoin and some on short positions so it is our own decisions at what price we can sell. Since he already sold his btc Op could buy back and wait to make a profit.

[arwin100]

Today's Bitcoin price has touched $ 19,000 and it's down again,
sell it at $ 14,000 of course it's a painful thing, but many people also have experiences like that,
my advice is just hold your Bitcoin, or buy it again at a price when the correction arrives

Yes it touched to $19k and he is not the only one feels regret of selling bitcoin early. But, if you already earned profit it is also a good moves selling at that price. The market is volatile and we cannot predict at what price it were going. Some stay long on bitcoin and some on short positions so it is our own decisions at what price we can sell. Since he already sold his btc Op could buy back and wait to make a profit.

If we think about the situation which we calculate to earn more if we just hold our coins until today, but actually we don't know that this day comes since the current market movement is fast and  maybe we should not regret about this since we can actually do an action to earn again. Those selling point at $14k+ is ok and it's normal so maybe if we think about holding maybe best to split up our balance so that we can earn more if bull run will come again next time.

[STT]

Just to update the OP, we are now leaving this bullish channel OP accidentally left and regretted selling out from.   I did think this would occur eventually but kinda sad its not lasted longer still, I believe its mostly because of the holiday season coming into play which reduces or alters the balance of players and ratio between buyers and sellers.   Could just simply be that people use BTC to buy goods in black Friday sales, hard to say exactly.   Its never one effect imo, I never go off news headlines but always the trend and bias between positive and negative momentum.   
  So with this Iam calling for a proper revision and return to levels on a wider time scale, till the dust settles Im not sure if that includes 14k or not

6 red bars  on 4hr time scale is quite conclusion, only an immediate reverse back above 17500 would especially convince me otherwise.   If we trade upto 17.5k then confirm below that would increase confidence to bearish trades.  Very roughly, look at 16k for any price action significance perhaps.

[pooya87]

I did think this would occur eventually but kinda sad its not lasted longer still, I believe its mostly because of the holiday season

this was a well expected move, long before we even entered $10k range and it has nothing to do with "holiday season"!
basically each time price goes back to the previous bubble-ATH a sell off is triggered for some reason which brings down the price for a while before it goes back up again. the reason is possibly because people think of such prices as a barrier or a selling target. it happened back in 2017 when we reached the bubble-ATH of that time (around $1200), it happened again a couple of years ago in 2013 when we reached the bubble-ATH of that time (around $200 IIRC) and so on. now it happened near $20k which was the bubble-ATH of 2017.

[STT]

I remember 2013 was suddenly gloomy for no apparent reason, didnt realise it was such a simple reason.   Obviously it exceeded it easily later on and every case there, nominal numbers I agree could be reason enough but also its a pointless sell.   Ironically if thats the mainly why people sold, its a buy because its such weak reasoning; dollar isnt static over 3 years.   The real target for now is probably 24k.

Just to check back on that sell, it did find significance around 16.5k and never went lower.   Price action didnt immediately reverse but within 2 days it had already regained the price channel and then a new high and we've drifted sideways since then again.   We're at a crossroads as we go into Monday I think,  its on the edge of the lower part of the trend and should be gaining here in order to maintain the same speed or stalling and losing the moving averages.

[virasog]

no no no and noooo
 I sold a lot of my coins at 14100 thinking it will go a bit down and I will buy it back with profit

well now the btc is 15200 am I out? should I buy it back at current rates? or are we excepting down movement anytime soon? (

please say something will make me feel better dammitt

and sorry its my first post but I check and read a lot of your messages almost everyday

Many times people get rekt by this strategy as price does not come back in the bull market. This is not a good strategy to convert to USDT and then again buy bitcoin.
However, you can still wait and hope that bitcoin will dump to 14,000$ before crossing 20,000$.

[pooya87]

~
Many times people get rekt by this strategy as price does not come back in the bull market. This is not a good strategy to convert to USDT and then again buy bitcoin.
However, you can still wait and hope that bitcoin will dump to 14,000$ before crossing 20,000$.

People don't get rekt for selling, they instead get rekt for not buying back.

Imagine if OP who made the mistake of selling at $14100 had realized the mistake and bought back at something like $15000, that would have meant a small mistake and a small loss but preventing the bigger loss and still be in profit when calculating the total net profit since the current price is $19k+.

You see it is natural to make mistakes in any market, nobody can predict the price movement with 100% accuracy, but you can always read the market movement and adapt, if you fail to adapt and get stuck in a certain mentality that came from the previous market trend then that leads to losses.