How do you deal with 'Selling early' regrets?

[AicecreaME]

When i buy some alt coin first i set my plan. I don't wait long time for high profit. Only sell why i see fulfill my demand and always i sell only some satoshi profit.

It's going to help more if you're going to apply technical analysis on it to increase your profits in the long run. Also, trading with the right chart information gives you confident that'll boost your profit because it will always ensure you that winnings in every Trade is 80% accurate than trading by just following your instincts.

There's a lot of strategies that you could learn by reading or watching in YouTube tutorials, find the right one that'll suit your style in Trading.

[1715113785]

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[wxa7115]

At the end of the day even if have a plan, selling early would make everyone upset. If we bought at 7k and sold at 21k, that would be 3x return, but when we see price hitting 40k we will still be upset about it no matter what. So, that is why selling early regrets will happen no matter what. What we can do about it is, basically never sell until we want to get out completely.

I understand that many people do not get in crypto with huge sums, so they can't get retirement amount of money that easily, if you invested 100 dollars when bitcoin was 1000 dollars (5 years ago) and sold today at around 40 thousand dollars, you would have 4 thousand dollars right now. That is a 5 year wait on 40x return, and even though that is a great return, you are still not retiring with 4000 dollars. But if you keep investing and keep waiting you may end up retiring with it, and do not sell until that moment. After that, you are retired with a lot of money, doesn't matter if you missed more money.

This is why we need to learn to let go of our feelings when we are trading, it is obvious that in the scenario that you are giving a person is going to be mad by not being able to maximize their profits, but at the end of the day you got profits which is way better results than what most traders and investors are getting when they invest in bitcoin.

After all if you have more money than what you had at the beginning of a trade now you have more opportunities to keep multiplying that money regardless of whether the market keeps going up or not, that is way better than the alternative which is to have no money because you lost it all when you were trading and now you are unable to take advantage of the next movements of the market.

[cryptolord2077]

There is no reason to regret, but there are reasons to realize what you did, why you did it, what things pushed you to do it, and so on.
Having understood why this happened, you can try to take control of it in the future, otherwise you risk repeating your mistakes.

[Quidat]

There is no reason to regret, but there are reasons to realize what you did, why you did it, what things pushed you to do it, and so on.
Having understood why this happened, you can try to take control of it in the future, otherwise you risk repeating your mistakes.

You wont really improved if you wont really realize on what are those mistakes that you had done or missed out do for you to make more money.
Dont regret as long you do able to gain then that what matter most.Selling early regrets are common but the worst thing kind of regret is that
you do missed out to sell when you are still earning or making profit and the market crashes and thats because of your greed to held up too long.
Just try to learn up to those missed opportunities and try to apply it into your future trades.

[bakasabo]

I rarely regret selling early. I cant remember an altcoin, which I have sold with huge losses. I remember myself selling only a part with a small loss, but previous deals with an altcoins were profitable, so in general I'm still having profit. Cant say that I'm the most calm person in the world, but, as cryptocurrency is not my only and main source of income, I mostly go with rule - "you can earn all the money in the world". For me selling early and having a loss means I need to improve in future so that I wont repeat same mistake.

[MCobian]

When we trade crypto, we must have experienced regret because of selling early. A positive way to deal with the situation is usually I take a short
break and seek entertainment so I can move on. After that start learning to manage emotions and improve my trading skills, so I can avoid repeating
the same mistakes.

Trading is not easy, there are many things we have to learn in order to become successful traders. So always be grateful every time we get a profit
when trading, even though the amount may be small. And never be lazy to learn something new, it will make our trading skills improve.

[XZERO1]

When we trade crypto, we must have experienced regret because of selling early. A positive way to deal with the situation is usually I take a short
break and seek entertainment so I can move on. After that start learning to manage emotions and improve my trading skills, so I can avoid repeating
the same mistakes.

That's a great way to stay in the right mood, taking some time off from time to time and more specially after some loss or maybe missing out on some profit could help you get back on the right track.

There's a term called "Revenge Trading" and that is what most less experienced traders could do a lot and do not realize it.

For example: You miss out on a nice movement up or you take a loss on some coin/token which affect your decision making and what it does is that it pushes you to take more trades and as a result more risk to recover what you just lost and I guess it goes without saying that it usually doesn't end that well and it will lead to just even more losses.

[Viscore]

You sell something and later down the road, that goes multifold.

How do you deal with such things in positive way?

Just be realistic, you have to fully understand that we are playing a prediction game here, regardless on what method you use, there's still no way that you can guarantee to know the outcome. Accept your mistake and continue, since the market is very volatile, you'll surely gonna spot a lot of opportunity to re enter again and sell at a good profit once you learn and improve.

[SacriFries11]

There is no reason to regret, but there are reasons to realize what you did, why you did it, what things pushed you to do it, and so on.
Having understood why this happened, you can try to take control of it in the future, otherwise you risk repeating your mistakes.

I agree. You need to accept the fact the lose the potential of getting huge money if you didn't not sell it early. I experienced it back in 2018, I immediately sold the token that I received in campaign but it's alright with me. I learn from that mistake and learn how to manage my cryptocurrency when is the right time to sell it. We probably know what will happen next but if have knowledge about the right time to sell and buy, we can gain money on it. We have opportunities to come and we need to be sure about what we sell and hold.

[cheezcarls]

You sell something and later down the road, that goes multifold.

How do you deal with such things in positive way?

I have been in many moments like this. Not just Bitcoin and Ethereum, but many other handful coins that suddently pumped after I sold too early. Until now, I am still feeling it because I was left by the boat as others are celebrating and enjoying their profits after waiting for so long.

For me, in dealing this in a positive way, I focus on other stuff that would make me productive such as creating Youtube videos related to cryptocurrencies, blockchain and DeFi. Despite that it’s kind of hard to move on, I always learn how to be grateful in all lie aspects despite that I’ve missed many boats. I start to congratulate and being happy for them (not being jealous) and eventually I got unexpected blessings from time to time. 

[tvplus006]

...How do you deal with such things in positive way?

Much sadder is another situation where you are waiting for an even higher price, but the market turns around and you get a loss instead of a profit. And if you are satisfied with the price at which you sell, then you have completed the task set for yourself for this transaction. And we must remember that the deal is not the last, every day the market gives you the opportunity to earn.

[darewaller]

By rebuying? People mocked to people who bought at 10k, sold at 20k and rebought at 30k, but that is how you should do in bitcoin world. Think about it this way, if you end up with early selling, would you rather stay away from bitcoin forever and do nothing about it? Or would you rather get back in right away and hope that it keeps going higher? I personally would prefer to get bitcoin when I can and end up making a bit of profit from it, that way I could profit from my mistake but make less profit instead of zero profit.

However if you end up selling and not rebuying, you will be just watching the market as the price keeps going up and you are there with your money and just keep losing more and more profits you could have made. I am not saying sell early, I would say keep it as long as you can afford to keep it, but if you ever sell early, just rebuy.

[Mahanton]

...How do you deal with such things in positive way?

Much sadder is another situation where you are waiting for an even higher price, but the market turns around and you get a loss instead of a profit. And if you are satisfied with the price at which you sell, then you have completed the task set for yourself for this transaction. And we must remember that the deal is not the last, every day the market gives you the opportunity to earn.

People do think off the other way around where they do like to have that perfect profit taking opportunity on the right time and doesn't really mind if they can
do things again in the future.You are definitely right  that they should think that they can have opportunity from time to time since this market is moving
or volatile and theres no need for you to regret if you do missed out to make money even more because those words wouldn't really come out into your
mouth if the market go to the other side. You shouldn't regret as long you do make money and this is what our primary target.

[nelson4lov]

You sell something and later down the road, that goes multifold.

How do you deal with such things in positive way?

The best way to move on from such an event is to accept the fact that you can't get back what you've lost for selling too soon. If you can come to terms with this, it should help you to move on. If there's one thing I've learn in my time here in crypto, it's the fact that:

If you must sell, You have to sell and don't look back

Like the saying goes, there's no need crying over spilled milk. There's a lot of cause of regrets here in crypto - missed opportunities, selling too early or too late, etc. You just need to learn from it and remind yourself that there would always be more opportunities to capitalize on. Opportunities don't come once.

[Ryker1]

Well, it hurts and regrets most all the time when you are selling your bitcoin that almost doubled the price now. This is actually happening to me personally when I have borrowed bitcoin and convert to money at the price I think $17k in the market, but now it has almost doubled the price and it seems I will pay this with double the price. So the regret here is why I am borrowing bitcoin at a lower price and now it hard to repay and again such a deal. Perhpas if I have an investment in bitcoin, I rather hold until my profit was there.

[Yamifoud]

Well, it hurts and regrets most all the time when you are selling your bitcoin that almost doubled the price now. This is actually happening to me personally when I have borrowed bitcoin and convert to money at the price I think $17k in the market, but now it has almost doubled the price and it seems I will pay this with double the price. So the regret here is why I am borrowing bitcoin at a lower price and now it hard to repay and again such a deal. Perhpas if I have an investment in bitcoin, I rather hold until my profit was there.

Too sad to hear but somehow, you also not know if by tomorrow Bitcoin price will rise and the time you receive the money, you actually cashout it because you need it. On the other hand, you are also benefiting from the money but the problem is, it was a borrowed money and that you must have to pay for the interest no matter if the price of Bitcoin is high or low.
Don't mind about the converted value(fiat), it only hurts you. And for the next time, make it hold for a while.

[Kittygalore]

As long as you know to yourself that you already earned after selling your coins. I think there's no reason for you to regret in the end dude.

Amen to that, if you profited then you are as good as anyone who trades. Selling early when you know that the price at which you bought and the price that you sell has a big gap then you know that you already profited. Regrets will be there, it is okay to wallow in regrets for awhile but do not let this get you hit rock bottom, let those feelings be there so you can easily overcome them.

[TastyChillySauce00]

When i buy some alt coin first i set my plan. I don't wait long time for high profit. Only sell why i see fulfill my demand and always i sell only some satoshi profit.

people should have the same opinion as you. I ofter to take the profit from the market when I'm thinking that has been fulfilling all of my targets.
I have ever regret to sell my bitcoin early and lost a lot of money but I just try to move into the altcoin market and I can recover the profit-loss from my bitcoin holding that I have sold it too early.

[enhu]

Once you expect great profit from the project, you will regret no matter where the price will go. If the price went down, you will regret not selling it earlier because if you did, you could have multiplied the quantity of your tokens.   

When price goes up after you sell, its a lot devastating when you are already expecting big.

[tvplus006]

As long as you know to yourself that you already earned after selling your coins. I think there's no reason for you to regret in the end dude.

Amen to that, if you profited then you are as good as anyone who trades. Selling early when you know that the price at which you bought and the price that you sell has a big gap then you know that you already profited. Regrets will be there, it is okay to wallow in regrets for awhile but do not let this get you hit rock bottom, let those feelings be there so you can easily overcome them.

It should be taken for granted that there is no such trader who is able to sell at high and buy at low. But if you closed the order before the price reached high and made a profit, then you did not open this trade in vain. After all, any profit is better than a loss.