How do you deal with 'Selling early' regrets?

[libert19]

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

How do you deal with such things in positive way?

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[jackg]

If I trade using TA I expect my target to be passed .og its only passed by 20-50% I give up for the day because I'm not accurate enough to continue.

If you managed to catch the top exactly in a repeated number of times (or extremely close to it) I'd advisd you stop trading and reevaluate  your strategy. A blowoff in either direction should've been factored in.

This also accounts for long term trading, if you sold at a profit why do you care you could've made more on it? You haven't and its over just move on. If you're really annoyed then go back and reevaluate how likely you think it was that it would've gone up from where you pulled out and decide whether that's something you need to think about.

Pulling out early is a safe option. And is encourage able if you trade often or not picking a safer option increases your likelihood of being profitible long term.

[mk4]

It depends.

In the trader's perspective, if your goal is simply to make profit in USD and you did end up making profit, why regret? It's not like you can time the exact top. Your goal was to make profit, and you did just that. Even the best traders can't exactly predict peak prices.

In a Bitcoin enthusiast's perspective, I mean, why did you even sell? If you sold just so you can "buy back at lower prices", well, lesson learned. All you can do right now is earn fiat for you to be able to buy more bitcoin, or straight-off earn bitcoin one way or another.

[zanezane]

In the trader's perspective, if your goal is simply to make profit in USD and you did end up making profit, why regret? It's not like you can time the exact top. Your goal was to make profit, and you did just that. Even the best traders can't exactly predict peak prices.

In a Bitcoin enthusiast's perspective, I mean, why did you even sell? If you sold just so you can "buy back at lower prices", well, lesson learned. All you can do right now is earn fiat for you to be able to buy more bitcoin, or straight-off earn bitcoin one way or another.

This look likes what my guideline when it comes to selling looks like, although it is a mixture of trader and enthusiast perspective where I leave some for it to grow. Price prediction is never my strong suit so I do not mind that I got a bad price when I sold my bitcoin, I know that I can get it back anyway so just leave it all behind. To OP, the best way to deal with that feeling is to never think about it in the first place.

[CryptopreneurBrainboss]

Moving on is the only positive way you can deal with such scenario. If you don't do that then you'll beat yourself up every minute with constant thinking of your early decision been a wrong one (which isn't) and you'll begin to assume you made a mistake which if you don't address probably might affect your future trade.

Trading is all about making profit and if you exit any trade successfully in profits then you do that just perfectly. Take some break and reevaluate the market before jumping right back in just to catch the upward wave.

Do understand that the market will present an opportunity in the near future for you to re-enter the market so don't rush into making a decision that most likely will make you loss both the capital and profits you earned. If you sold your bitcoin earlier and now regretting, you can enter good position in some alts as obviously their time will come when they'll record similar growth as bitcoin did. Ethereum just experience hers.

[tranthidung]

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

How do you deal with such things in positive way?

Multi-fold or not, I don't care after I take profit. Why?

• If my calculation (to take profit) is inaccurate, it means I get less profit than what I should have with more accurate calculation.
• Fortunately, it does not mean I take a loss. Just get less profit.
• If I regret and chase the market, I will possibly take a loss or worst a very big loss
• Miss a peak (to take profit), calm down, hang out, enjoy life, and come back days later, to find another new good entry. Market always has good entries for wise traders/ investors

[JooBra]

Until you are in gain and no loss than it's okey. Try to focus your thinking on that. It is really really hard to sell at peak so don't take it to close to your hearth. Find new project and keep grinding.

[Pearls Before Swine]

If you've had interest in or owned any bitcoin for long enough, you have probably experience emotions like this.  And how do you get past regret for selling too early?  Just let go of those thoughts, forget about what could have been, and focus on all the profit you have the potential to make during this bull market.  Doing anything else is just a waste of mental energy and will sap your happiness like nothing else.

And if you are in a situation like that, you're in good company I'd add.  Who knows how many people got burned in 2017 when bitcoin started to slide and the burned ones thought it was the best time to buy?  There were probably hundreds if not thousands of them.  And as I say that, it's also a warning not to get too excited about bull markets like the one we're in.  Bitcoin might yet have a ways to go, but be careful when you're buying something that's at its all time high.

[livingfree]

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

How do you deal with such things in positive way?

Mate, I just forget it gradually.

There's nothing we can do with those early sell-offs that we did. What we can do if we still have some in our own stashes, keep holding. We learned the lesson that it's never that late to hold and if you sell, don't regret it.

That's the way how we must deal with those early dumps with our bitcoins. And if you can still buy with your extra cash, that will make you feel better to recover at least with your money.

[carlfebz2]

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

How do you deal with such things in positive way?

Never look  back and just think off into the profits you had made when you do make such sell decision.If you do keep on having this kind of regret on missing out those possible big profits
then that feel of anxiety wont really be removed on someones mind.

Never let yourself get distracted into these things because this will just result into bad decisions since theres something boggles up on your mind.In next move, you might be holding
a lot more longer for the belief that similar situation might happen.

Selling early regrets is common but you should think up positive that you had make out some money and that what matter most.

[n0ne]

I find it hard to deal with such regrets. One day back it happened with my ethereum. My target for ethereum was $1000, and further expected price correction. Taking it into mind I sold it for $970. I don't know what to do, the price kept marching forward. All of the sudden it crossed $1100. I don't know what to do, I've missed the train. Had patience and stood for the price drop, nothing happened and today once again bought ethereum with what is available at the price $1260.

[The Sceptical Chymist]

I find it hard to deal with such regrets.

Yeah well, I've learned to let those regrets go.  I mean, come on--how the hell was I supposed to know bitcoin would go as high as it has so far in 2021?  And hell, I got rid of plenty of bitcoin back when it was only a few hundred dollars/BTC.  If I kept thinking about how wealthy I'd be, it'd turn my hair white overnight (assuming I hadn't pulled it all out in a fit of rage).

Nobody here can predict the future, so give yourselves a break if you sold out too early.  A lot of bitcoin traders--and even long-term hodlers--did just that, and I'm sure a lot of them are kicking themselves for not holding just a little bit longer.

[maydna]

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

How do you deal with such things in positive way?

Just accepting the result because we can't feel regret too long. I am sure we will have a chance to sell at another high price. It is normal if we sell early before the price increase higher, but as long as we can reach the target price that we set before, we don't have to regret too long. That means, we need to learn more details, so we can know where the price will go or at least, we can make a target sell price closest to the higher price. It will need more learn and practice to have a better analysis, and I think many people do that over and over. So you are not alone by selling early, so don't feel bad or regret about that.

[Ucy]

One of the easiest ways I'd deal with this is to spread my funds between holding longterm and regular trading. If my trading funds misses a bull run, my long-term fund benefits. The last thing you'll want to do as a trader is to be consumed with regrets during trading.

[Mahanton]

One of the easiest ways I'd deal with this is to spread my funds between holding longterm and regular trading. If my trading funds misses a bull run, my long-term fund benefits. The last thing you'll want to do as a trader is to be consumed with regrets during trading.

Good  plan and I had done the same on where it can somewhat ease the regrets you do have in mind when you do miss out those money making or profit opportunities.
Don't really get tied too much into your emotions because this is one of the most common factor that do really affect someones decision making skills.
Dealing with it might not really be simple or easy but can really be likely to be controlled with due experience and awareness of the situation.
Selling early is common due to unpredictable market but you should think that you had make out some money and that's what we do aim since from the start,.
there nothing for you to regret on.

[Cshankles]

In order to make it in this world you have to just do it and move on.  If you regret and look back it will keep you from moving on the next time.  You can not advance this way.

[Ridwan Fauzi]

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

How do you deal with such things in positive way?

I get used to trade on future trading because I can see or even I can count how many profit that I got directly, different with spot trading which I should count first to know how much profit that I got.

As for your concern, actually I use money that I can afford to lose and never take a decision to choose high leverage. So, when I trade I'll be comfortable in any situation, include honestly I never sell if my target haven't been achieved, it means I never sell early as you asking.

Because I'll have a stop lose feature that can keep my capital getting liquated. These things always give me a good return, yeah I'll compare when the first time I came to trade, selling coin when I bought a coin in five minutes or less it is often to happen, but now I have realized it.

[dimonstration]

One of the easiest ways I'd deal with this is to spread my funds between holding longterm and regular trading. If my trading funds misses a bull run, my long-term fund benefits. The last thing you'll want to do as a trader is to be consumed with regrets during trading.

Setting short term goal can ease the regret, I did sell early and regretted it especially the price reach more that 42k dollars now, but the time I do watch the market and plans to monitor it to sell and hold is depressing since the price is too volatile there are points that it keeps increasing when you watch it and suddenly will decline when you're not around and busy. At this point what important to consider is the fact that profit is profit and it's a reward for having BTC before this bull run happen. There's always a time to do short term trading and when price seems to drop a bit buyback can be an option provided you'll have time to monitor it.

[Hippocrypto]

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

How do you deal with such things in positive way?

I would stay calm despite of pressures experienced particular these days of bullrun. We need to have courage in order to survive and acquire more potential gains when holdings reached the top value. Regrets isn't avoidable but if you think smartly, buying back is a good options just to cope up with future pumps.

[shinratensei_]

I just forget it and move on. i have sold a few bitcoins @33k for each and then it goes to the 40k right now. You can imagine how much should i got from my bitcoin when im selling it right now.
There's no reason to argue if im making the wrong decision because i have been making a decent profit from there.
Just try to take another opportunity from the altcoin market. My life must go on