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Author Topic: How do you deal with 'Selling early' regrets?  (Read 1206 times)
AakZaki
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January 09, 2021, 05:22:06 PM
 #21

when it's lucky don't ever regret don't be too greedy. If the price has doubled and the trend indicates the price will rise, just look for the bounce to increase the profit. Use technical analysis to predict where the price will go. Regret won't make a profit, take profit and make profit again. Don't become a loser by constantly lamenting your regrets without taking any action.
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January 09, 2021, 07:43:32 PM
 #22

This one is the most common scenario in my crypto life. I always a false decision and regret after that. So how I manage it? when I see that I take a early decision but I was in profit that time. It's normal for me to deal. Because I think I was in profit that time. And I don't regret more when I lose something because I already able to manage myself after losing again and again in crypto life.

But when I early take a decision and sale my holding in lose. I regret more in this case and think it was my guilty and should be changed next time. Smiley But I can not find the NEXT TIME ever. LOL

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January 09, 2021, 09:12:40 PM
 #23

Strese girmeden daha önce yaptığımız gibi satıp daha yenisini alıp sahada daha  güçlü olacağız. Çünkü yine yeniden kazanmaya başlıyoruz ... Cool
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January 09, 2021, 09:26:57 PM
 #24

What can be done here? You are talking about mistakes. How do you yourself tolerate your mistakes?
I only see two options. If you sold according to your plan, don't worry. If you sold out of fear or greed, then it is worth considering why you were scared and why you did not have a specific action plan.
What happened - what happened, we cannot change this. But we can do something today that would change our tomorrow.

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January 10, 2021, 06:38:00 PM
 #25

when it's lucky don't ever regret don't be too greedy. If the price has doubled and the trend indicates the price will rise, just look for the bounce to increase the profit. Use technical analysis to predict where the price will go. Regret won't make a profit, take profit and make profit again. Don't become a loser by constantly lamenting your regrets without taking any action.
No matter how positive you think but as a trader myself I know how it feels when you sell your coins at a cheaper rate. It feels horrible and it feels like killing ourselves specially when you waited for so long and just when you sell it, the price starts to rise. You are right regretting all the time is not going to help and we need to take positive actions but its not easy to forget about such loses and sometimes we hold coins for too long thinking about past experiences.

I would say it is part of life and trading so one should just not think too much, not easy for sure but just remember that you at least have not faced loss.

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January 10, 2021, 10:08:57 PM
 #26

I suggest something that has worked for me over the years and that is sell a little each time as the price starts to go up as its very hard to predict the top of the market and at least you know that you have taken profits along the way. So its like dollar cost averaging when you buy say Bitcoin instead of investing a large amount of say $20k and buying 1 Bitcoin where as you could invest say $250 a week and you would end up with more as there are dips in price and the same goes for when selling. You can sell small amounts riding the wave towards the top. I hope this makes sense and helps you out.

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January 10, 2021, 10:11:21 PM
 #27

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

How do you deal with such things in positive way?
This is simple, if you are selling too early then that means that you are a trader right? You need to have several things very clear if you want to have what it is called a complete strategy, and three of the most important aspects are an entry strategy, an exit strategy and a reentry strategy, the entry and exit aspects of a strategy are self-explanatory but the reentry part of the strategy refers exactly about the problem many traders face several times during their career.

If you sell too early you are going to watch the asset you had to keep going in value, that is when you must simply accept that you made a mistake and get back in the market, and to do that you will have to use your reentry strategy.
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January 11, 2021, 01:28:16 AM
 #28

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

How do you deal with such things in positive way?


When I sell early and regret.. I think about what makes me sell early. If its a positive reason, it will actually make me stop regretting. But if I just sell for selling sake. I always find a way to stop seeing the coin I sold that goes multifold

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January 11, 2021, 04:36:05 PM
 #29

Regret for a while then move on. Yes it is very simple to say but hard to apply because we are dealing with cryptocurrency with real monetary value that if you miss greater opportunities you are somewhat missing out the chance of earning greater gains of profit. It is very usual for every trader to miss our greater opportunities for we are working on a volatile market that highs are considered as improvement on positive way and you should grab such before it turns down. For sure many of us have already experience regrets for selling too early or too late because no one literally knows on which direction can the price goes. You just really need to regret it for a while then move on and try to catch up on the missed opportunity you have and make better decisions the next time around.

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January 12, 2021, 01:42:42 PM
 #30

Looking at the past few days we can see that it is very important to hold and sell Altcoins or Bitcoin at the appropriate times. Because Bitcoins fall so quickly and keeping them can sometimes leave you with no money.

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January 12, 2021, 03:49:32 PM
 #31

If you believe in a project always keep a long term bag that you never touch, think about what moon could look like for that project and hold some tokens that you never sell just incase you reach moon. Trade or play around with another bag. And oh yeah, if you actually reach that moon price you had in your head you should sell regardless if it goes up more, what's worse than selling at your moon price and seeing it go up is holding and then seeing a token drop -90%.
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January 12, 2021, 10:18:43 PM
 #32

Feeling regret is a normal feeling of human. But if you want to succeed in trading or at least in investing, you need to become calm so as to make clear decision. You can miss some of opportunities but the market continue to create new edges, new opportunities for you to grab. If you spend your time to regret what you did in the past, how can you have a clairvoyant mind to make a new trade. Learn from your mistake, but dont let the negative feelings bury you.
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January 13, 2021, 09:29:33 AM
 #33

Thats the effect of being affected with price drops and fomo. The thing here is that we need some basis perhaps learning how to read indicators is a great benefit for us to know whether it may still go up after few sideways or not.

Rather than regretting what we did before by selling too early, we better perhaps improve our trading skills and collect more tools needed not to repeat the mistakes again.
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January 13, 2021, 11:31:33 AM
 #34

So some football players scored a hat-trick in one game, do you think he will regret and be disappointed in every next game if he doesn't do the same? You can't have "the best performance" every time! It's simply not possible, not even for the best from the best, even they have bad days and many mistakes!
What that means in trading? Simply you can buy every bottom, you can't sell every top! If you trade regularly you will have good hits, and some days will be perfect probably, when you bought/sold at very bottom/top, but you will have bad days too, full of mistakes!
So how to deal with mistakes (buying/selling late/early), regrets... like always, when you fall first what you need to do is to stand up, think about your position and take the best from it! Learn from mistakes, and try not to fall too hard next time!

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January 13, 2021, 12:04:39 PM
 #35

Selling early regrets is common because people cant really just able to ignore that they shouldnt have sell that early to make more money.

On thinking that they should consider themselves lucky because they do able to gain rather than on losing their investment.
Dealing with it? Just moved on.

Dont look back into the past or what had been done already as long you do make money then that what matter most.
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January 13, 2021, 12:06:08 PM
 #36

Thats the effect of being affected with price drops and fomo. The thing here is that we need some basis perhaps learning how to read indicators is a great benefit for us to know whether it may still go up after few sideways or not.

Rather than regretting what we did before by selling too early, we better perhaps improve our trading skills and collect more tools needed not to repeat the mistakes again.
I went through the same thing and worse not once, it made me realize that being calm is very important in crypto. It's better to do an analysis of what happened and before that try to determine the worst-case scenario and determine the purpose of your investment, I'm sure that will help rather than just regretting it.

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January 13, 2021, 12:08:20 PM
 #37

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

How do you deal with such things in positive way?

By forgetting it since you cannot do anything anymore since you already sell it and just think about you still earn even if the market is unpredictable and bounce back next time around once there's a opportunity. You don't need to count your possible earnings if you hold since it's different scenario and we don't know about the outcome of we talk about future.

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January 13, 2021, 12:17:17 PM
 #38

I simply think we cant turn back time and its destined to happen. Even I dont sell my coins earlier I cant also pin point the perfect timing to sell.

Thus as long as I made profit regardless how small or huge it is, still its a profit. What we need is contentment and learn to appreciate what we haf. Regrets are always there for sure but think of the positive side of selling early.

What if the price suddenly drop after we sell? Then we made the right decision, just think about it that way.
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January 13, 2021, 12:30:39 PM
 #39

It is not easy to accept the selling early regrets, especially if we know the price increase so high after we sell.
But we can not do anything because that is out of our expectations, and we can not predict accurately where the price will increase or decrease.
But at least, before we sell our coin, we already analyze the price and we know where we need to sell the coin, so we can still make a profit, although our profit will not be too big if we sell at another high price.
I am sure that we will have another chance to sell the other coins at a high price, and we should accept that without regretting too long.

lebregone
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January 13, 2021, 02:37:03 PM
 #40

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

How do you deal with such things in positive way?

I'll just consider it as my bad experience and do some adjustments in order to avoid it to happen again. Selling not in the right time will surely to give us a regret but if you have no enough resources to hit the right time to sell then it is better than selling with no profit at all.

But for seasoned trader, I know that this kind of action will surely to give them a hard lessoned and they will regret it for sure. Still it is not the end of the journey, meaning we need to move forward and what we can do is to learned from our past mistakes and make our trading decision better in our future trades.
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