How do you deal with 'Selling early' regrets?

[kpierce77]

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.

That's right, it's what it's. what you have got, it is your decision. don't regret it for too long. and events like this will definitely happen, as long as we are able to set our profit and goals in trading, I don't think that's a problem

[kaltun]

i say always if you sell it with profit, you have profit, dont think about it anymore, because i have learned that if you are greedy , you definitely gonna loose your profit , heck you even will be in loss

make an limit for your self and if you reach it sell it ... and buy it back when its lower again...

[Vinaa77]

As the type of scalping trader who takes no big profits, I myself don't care about large increases. the most important thing is when the Profit Target has been reached I will sell it. there is still time to be able to produce at a later time than I have to wait for the increase again. because I rely on tradng to get a monthly income. on average every 1 - 2 days have reached the target or hit a Stop Lose 

[hahay]

It's not even just about selling early, selling during the market crash I did and it's a regret I can really overcome just by ignoring it. I just think there will still be many opportunities ahead, so making that previous bad experience or mistake is a lesson and doesn't need to be done again. Therefore, changing with great effort for the better is something that must be done, we don't need to get carried away in regret because it will only waste time and will not result in anything.

[Shasha80]

If we sell early but still get a profit, there's no need to be disappointed and regrets. Except when we sell early but experience a loss, it must be
regretted. Therefore, the best key to crypto trading in order to get profit is that we must be able to control our emotions. Because selling early
usually happens to people who don't have patience. My advice in order to avoid selling early is to stay focused on our sell targets. I am sure that
when trading, always be patient and focus on predetermined sell targets. So selling early can be avoided.

[Mahanton]

i say always if you sell it with profit, you have profit, dont think about it anymore, because i have learned that if you are greedy , you definitely gonna loose your profit , heck you even will be in loss

make an limit for your self and if you reach it sell it ... and buy it back when its lower again...

Human beings are naturally greedy and its not surprising that we would really be looking for more profits rather than on earning less but we shouldn't really have this kind of mindset because
instead on making profits we would rather be on loss.Selling early regrets is normal but we shouldn't stress up ourselves but rather do learn from it so that we would be smart on next
possible opportunities that we might encounter.If you do really always mind or thinking about it then that will really be a problem. The important thing is that you do able to make
money and don't look back or trying to remember that you should have not sell because we don't know on where market moves.

[SlimShadyMmp]

Is better to be early than turn to a loosing trade mate because often times people think their TA targets need to be hit and they look for their top which in most cases never comes

[libert19]

I learned one thing in recent days which helps me with this (was posted on this forum), once you are in profit, change your sl to position where even if market hits your sl you will still be in profit. You can also use trailing stop loss for that.

You will still expose yourself to future profits while minimizing your losses.

I think many people are getting the secret behind this strategy but now where they're having issue is how to time the market perfectly and place those stop loss. I have had complains in the past one particularly from someone that I gave this same advice but it backfired as the market flash crash and later recovered with minute and now the coin is soaring high but he isn't on the benefiting end since his stop loss order got executed.

Same thing happen with one of alt I traded just yesterday, it hit my sl and now 50% up, certainly this strategy sounds better than it is.

[LimLims]

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

How do you deal with such things in positive way?

It’s better to get something than nothing.
I always think of this.
Yeah i feel sometimes bad, but make myself happy thinking that I didn’t made loss.
The best practice is to calm down whenever faced with such scenarios.
And act smarter to decide when to sell and when to hold.

[Fivestar4everMVP]

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

How do you deal with such things in positive way?

Well, I've been down on this road many times and I must say it's not to easy to deal with most especially when you are looking at that same coin or tokens skyrocketing.
My recent experience happened just last year, I sold all my 28 eth at about $387 each around October last year, OK, imagine I held to at least December, I would have earned a very huge amount of money, but then it's gone and it's gone, I can't leave with the regret cus it would be disastrous, so I just act like I never owned that coin or token in the first place, I just tell myself I never owned it, and beside, the money I earned from the sell was not wasted, so it make forgetting about it more easy, so I just let the past be in the past and let now and future be my major concern.

[darewaller]

As the type of scalping trader who takes no big profits, I myself don't care about large increases. the most important thing is when the Profit Target has been reached I will sell it. there is still time to be able to produce at a later time than I have to wait for the increase again. because I rely on tradng to get a monthly income. on average every 1 - 2 days have reached the target or hit a Stop Lose 

How do you deal with price going from 10k to 40k? I am pretty sure that scalping still made profit since the price was going up, but people who hold their coins made about 4x return in the same time, do you think scalpers made 4x as well?

I am not talking about specifically you, you may have made more or less than that, I just wanted to ask did you find the method great during this period as well? Considering you make a monthly income from trading, you must be really good at it, what do you think is the best method you have seen so far? Is it scalping?

I personally do not really like risking my money with scalping because I am not good at it, I realize that scalping might be good for some but you have to be good at it, if you are a newbie like me and go into scalping that easily, it would be really not a good idea so I try to stay away from it.

[thirdprize]

As the price went up it was easy to make lots of little profits from trades but nowhere near as much profit as you would have made by holding.  Still, you only make a profit when you sell, not when you hold. 

[dotcoin.info]

It is worth identifying your mistakes and continuing to move on. There is nothing you can do about what has already happened, except to try to change the current actions in order to subsequently change the results of tomorrow. In general, it makes a lot of sense to put yourself a stop loss on bad deals, after a certain number of deals or a certain amount of lost money, you exit and close the session for today.

[adzino]

The only way to deal with it is by moving on and starting to invest again with a better strategy. If you sell early because you reached your profit goal, then there is nothing to regret about. If you sell early because you got nervous seeing the price rise, then learn from this mistake. If sell early because you saw the price dipping, then make sure next time you are ready for those small dips.
Move on, start investing and keep holding. Don't sell when you see the price dropping if you can afford losing all your investment.

[Cling18]

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

How do you deal with such things in positive way?

I simply set a target goal and sell when I reach it. Through that, I won't have too much regret since that is my usual strategy for years. The best thing to do when we regret selling too early is just to take it as a lesson and reinvest again. We can't get rid of this common mistake especially when we're just beginning so we should also know how to handle our emotions.

[doomloop]

The best way to deal with such regrets is to remind yourself that it is not the end of the world and there will be better chances. The thing you must learn from such instances is to avoid panicking next time and never trust those signals and articles that are all covered with negativity once the price starts to drop. When you buy Bitcoins or any assets in general then you have to keep faith because drops and rise are part of the journey and if you invest in something you rather believe in their value more than the price.

I have made similar mistakes in the past where I sold some Bitcoins because people were telling me that it is going to be the end of Bitcoins and better cash whatever you have rather than waiting for absolute zero. With time I have learned that no one actually knows how the market is going to move so better make your own predictions and stay firm with them.

[Coin_trader]

Plain and simple. Sell and never look back. Just about profit is profit so that you will not regret. Selling early is less painful than selling in loss dude.

[sana54210]

The only way to deal with it is by moving on and starting to invest again with a better strategy. If you sell early because you reached your profit goal, then there is nothing to regret about. If you sell early because you got nervous seeing the price rise, then learn from this mistake. If sell early because you saw the price dipping, then make sure next time you are ready for those small dips.
Move on, start investing and keep holding. Don't sell when you see the price dropping if you can afford losing all your investment.

The real thing we should be focusing on here is the fact that someone who is new in this wouldn't be capable of doing so awesome to begin with. Nobody starts becoming a great investor or trader in day one, everyone takes time to get better and better which is the important rule of investment. Everyone should know that even those giants with billions of dollars even trillions of dollars of hedge funds didn't became that way day one, sure some of them were lucky and rich even when they started, but the idea was always a long haul, you have to be consistently investing a lot of money for decades and you become a strong power.

Now not many people have a chance to invest that much for decades and get the profits of it, but you do not have to be that rich neither. So do not sell early, do not sell late, just buy buy buy and eventually you will realize after few decades (if your age permits) you will be way too rich for your own standards, because that is how investment works.

[youdacapt]

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

How do you deal with such things in positive way?

As a trader; it is best to take your mind off tokens that you have taken profit from. Once you sell a token; either it moons or not should not cause a mood swing for you. If you sold at loss; and it later ddid multi fold; you should improve on your decision making skills in case of next time.

[Ultegra134]

Plain and simple. Sell and never look back. Just about profit is profit so that you will not regret. Selling early is less painful than selling in loss dude.

But can you really do that? I cannot stand not to take a peek on how's the market going after selling Bitcoin. Half of the times I've recently sold, the price remained to similar levels after selling, so didn't really bother. There was this time though, it wasn't long ago, less than a month, that the price skyrocketed right after I sold, I did make a decent profit but still, it's annoying to see it happen.

Personally, I set a goal of achieving an X amount of profit, (Either in percentage or in cash). After surpassing that, I will monitor the price for a while and then sell. Then, try not to bother of what happens next.