How do you deal with 'Selling early' regrets?

[sana54210]

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.

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.

[traderethereum]

There's no point in keeping your regrets so start moving on. There are still a lot of chances and opportunities that will come so let go of it. IMO, even if you sell your coins before another price increase, it's not totally a loss because you already made profits from the price you bought it. And everyone in this crypto market cannot make right predictions because of its volatility so it's just a normal thing for all of us.

Yes, you are right. After we get lost the money, we will have more opportunities to profit from the other coins.
As long as we know when we should sell the coin and how much profit we can get, I think we can prevent the loss, and no matter if our profit is not bigger than we expect, we still profit.
With the volatility of the crypto market, we should always calculate or analyze when we can enter the market and exit the market at the right time.
We do not have to make more profit if we think it will be difficult to do, especially if the market is hard to predict.

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.

Selling too early will have a risk, which we should know.
But if the price can increase to $21k, and we already sold it for that price, the price will go down for a while.
Sometimes, the price can go down too deep, and we will have the chance to buy back Bitcoin at a lower price.
Bitcoin price itself will not always increase after the highest price, and the price will adjust to the lower price for a while or stay at that low price.
If you can buy back bitcoin at that time, your bitcoin amount will be bigger than before, so you will have more chances to sell it at another highest price.
Bitcoin investment will need patience, which will depend on how big the investors can wait for that.
If they can wait for a long time, they will get a big reward in the future, but bitcoin investment will benefit us because we can sell it whenever we want.

[Lordhermes]

Traders will also regret choosing not to sell at a certain price because they think the price may still go up but in fact the price has fallen, so regret should be removed by evaluating our trading and starting with new steps with new profit targets, and so on without thinking if this and that.

I can handle the regret because so many regrets had happened to me in as much I'm still the trading atmosphere, every minutes on or two traders gets regret for selling lower so you have to accept that and move on to next trade, I sold my btc at 33k thinking it would still be falling but now it's at 37k, very hard to predict the future and when it's goes against you, embrace it and find the next solution.

[Reid]

One way to avoid it is to never sell.

To flip the negativity of trading early (regrets) is to forget about what you've done.
How? Start something new. Focus on that. Then with high hopes, slowly you will not remember it anymore.
I know the feeling, sometimes it visits like nightmares when you are alone.
Thankfully, I don't remember the numbers anymore.

[imstillthebest]

One way to avoid it is to never sell.

To flip the negativity of trading early (regrets) is to forget about what you've done.
How? Start something new. Focus on that. Then with high hopes, slowly you will not remember it anymore.
I know the feeling, sometimes it visits like nightmares when you are alone.
Thankfully, I don't remember the numbers anymore.

if it triggers when we are alone the solution is to make your self a company with others or make your mind busy  , play games when no one is available to talk to , play music when your finally alone in your room and will be going to bed . it works like wonders on me .

 trading is like gambling , when we play gambling we practice to forget the past sessions , that includes past losses and wins .

now we need to apply what we learn on gambling into trading .

[AicecreaME]

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

How do you deal with such things in positive way?

If you make a profit out of your Trade whether it is a small or big, that's what all matters, you don't have to regret it in my opinion because it's much better than losing a profit. Trading is sometimes not goes with your plan, so it should be expected. You just have to re-enter a Trade again once the price goes beyond the price where you sold your coin, then sell again once it goes up again to the price you want.

What's done is done, no matter what you do after a unsuccessful trade won't change what already happen. You just have to learn and move on, make the right thing next time.

[tvplus006]

There are no such traders who would get a profit to the maximum. And it's not uncommon for me to see the price of a coin still double after selling it. I know that the market will provide me with many more opportunities to make a profit, but I am still tormented by FOMO.

[blckhawk]

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

How do you deal with such things in positive way?

Well honestly, I kinda regret this one, and not gonna lie it did happen to me many times. But I always tell to myself as long as I got a profit on it, that would be matter. I can't do anything, I don't want to grieve on it because there's nothing will change anyway so better to get a grip and enjoy the profit. Besides, you don't know what exactly gonna happen market moves in an unexpected way. You could also buy it back again if you want more profit cause it will never be too late.

[posi]

The best way positive way I think is best to deal with selling early regret is to have mature thinking about what happened since you don't sell at lost price everything is good cause there will always be another day with another opportunity in the market. So only have to think about the future, learn from previous mistake and ready to make good profit out of the current market after all ones cant turn back the time.

[Renampun]

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

How do you deal with such things in positive way?

*I will just try to make my mind aware that it is not my luck...
trading often doesn't go according to plan, I often experience this so I'm used to it. the point is we have to keep our minds thinking positively and forgetting the things that passed so that in the future we can make profits.

[Insanerman]

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

How do you deal with such things in positive way?

Keep in mind that profit is profit. Never regret something just because 'you can earn more' yet you've already earned fine. Such pessimistic traits often tend to drive us greedy in our trades which can soon be a constant loss. Dealing with it is indeed hard, yet it is a constant lesson and a character development. As for me, I've lost more than I've earned, yet I still keep moving and learning from such mistakes. I often take a day or two of break and reflecting with such regrets, especially if the possible income is more than 10x of what I've got. But still, it is part, and a lesson. So, being satisfied with a 3 or 5 dollar income in the next trades is fine.

[ardentvolcanoes]

Traders will also regret choosing not to sell at a certain price because they think the price may still go up but in fact the price has fallen, so regret should be removed by evaluating our trading and starting with new steps with new profit targets, and so on without thinking if this and that.

I can handle the regret because so many regrets had happened to me in as much I'm still the trading atmosphere, every minutes on or two traders gets regret for selling lower so you have to accept that and move on to next trade, I sold my btc at 33k thinking it would still be falling but now it's at 37k, very hard to predict the future and when it's goes against you, embrace it and find the next solution.

And now it's 39K+ again, the momentum is moving upwards and chances that it's going to find new breakout. If this trend won't stop

45K is also possible to reach, another regret for those who sell it out when the correction take place. You have to face it, there's no assurance

and it's your own instinct that will guide you to move forward.

[milewilda]

Traders will also regret choosing not to sell at a certain price because they think the price may still go up but in fact the price has fallen, so regret should be removed by evaluating our trading and starting with new steps with new profit targets, and so on without thinking if this and that.

I can handle the regret because so many regrets had happened to me in as much I'm still the trading atmosphere, every minutes on or two traders gets regret for selling lower so you have to accept that and move on to next trade, I sold my btc at 33k thinking it would still be falling but now it's at 37k, very hard to predict the future and when it's goes against you, embrace it and find the next solution.

And now it's 39K+ again, the momentum is moving upwards and chances that it's going to find new breakout. If this trend won't stop

45K is also possible to reach, another regret for those who sell it out when the correction take place. You have to face it, there's no assurance

and it's your own instinct that will guide you to move forward.

Instinct/Intuition/gut/inner thoughts = These are the things that will surely mixed up aside on your own personal analysis that do came from TA's and FA's.
Its truly a regretful thing for those who had sell off in loss when the price is going down to 31k as far as i remember where i do also have thoughts
that point of time might really be the true correction but here again, i was wrong but luckily i didnt able to sell off my position and instead
i do accumulate even more into that price point and it did pay off. Its a matter of risk taking though because if you are someone who cant
really just able to make out decisions wether you do risk or not then you wont really be gaining or losing something.

[libert19]

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

How do you deal with such things in positive way?

Keep in mind that profit is profit. Never regret something just because 'you can earn more' yet you've already earned fine. Such pessimistic traits often tend to drive us greedy in our trades which can soon be a constant loss.

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.

[CryptopreneurBrainboss]

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.

Many newbies prefer to stay in a trade just because they don't want to miss out on potential future profits the coins is to give obviously based on speculation they most have seen online from the so called professional traders that just leverage on the gullible nature of this new comers.

If you want to be successful at trading then you must self program yourself to be comfortable with the small profits you receive provided you don't close any trade in losses. Scenarios like this is common and you must learn to live with them

[so98nn]

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

How do you deal with such things in positive way?

Initially, it was big rage for me. Each time I had such downfall I would go nuts and tell everyone in my circle how I lost profits that would have been in my account if I wouldnt gone for selling.

However, later many suggested me that it's not your loss because you loose nothing until cash out below break even point. Each time the price went up I just lost the virtual profits that would have been mine if I would have kept the bitcoin as it is.

Yes it still feels bad but after this I started to follow one method. Basically made two account for trading of which one is for daily trading to take little profits and another is for the purpose of long holding. So I have best of both worlds now. Try to make such strategies which can make you comfortable while trading.

[LogitechMouse]

All good

At first, I already plotted and decided with it so if it goes up even higher then it will be my fault but in the end I can't do anything about it to accept. After all what we want is profits right? As traders, it is ok to sell early as long as you got some profit but from a holder's perspective they might feel a bit of regret because of selling too early knowing that the price of it might go even higher.

For me, no hard feelings as long as I got profit. There are many opportunities out there. Just wait and find them.

[gabbie2010]

The best way positive way I think is best to deal with selling early regret is to have mature thinking about what happened since you don't sell at lost price everything is good cause there will always be another day with another opportunity in the market. So only have to think about the future, learn from previous mistake and ready to make good profit out of the current market after all ones cant turn back the time.

Truly it painful for selling early and later regretting however I always take solace  in the fact that the reason
and aim forr selling my coin at a particular price before it skyrocketed is actualised I just forget and move on.
I can't predict the market perhaps if the price had dumped before selling I would have regretted too for not selling earlier, these are price behavior that no one can change but have to get accustomed to however when any opportunity of accumulating avail itself we should continue to buy and hodl.

[Rasel5209]

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.

[XZERO1]

One way to deal with that is to have more experience in trading, what some people might fail to understand is no matter how good you are at trading or investing, you will have a lot of regrets whether it's because of selling too early, not selling in profit when you had the chance or not buying something when it was cheap, and you know what? you will eventually get used to it as you have more experience and it doesn't bother you that much anymore and your brain will just learn to ignore these feelings of regret.

So what you can do is to accept the fact that you're going to be wrong at finding entry and exit prices a lot of times, and based on my own experience I assure you that you will get used to it as you experience it more and more and that would be something that could make a way better trader as you're not afraid of making mistakes and missing out on a possible great opportunity anymore.