john_nautica
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January 08, 2021, 04:46:45 PM |
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This has happened to me a few times already. And what the other have said that, regardless of the amount the profit gained is still profit, is what have been comforting me since then. And of course with these experiences, I learned a lot. And I am thankful that I was able to experience selling too early so that I could learn how to be patient and to make wiser decisions.
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Argoo
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January 08, 2021, 04:50:22 PM |
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i never say i never sell, instead i always sell whenever there is a big rise the difference is that i never sell large amounts such as "a coin or two". that is just crazy. what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k. and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
I use roughly the same tactic. I mainly transferred my assets to ethereum. During this rapid price growth, when I thought that a price peak was possible, I sold a small amount and transferred to USDT in order to lock in a profit and there was a reserve for subsequent purchases at a low price. However, cryptocurrencies, including ethereum, continue to grow. Therefore, indeed, lost profits will practically be in all of us. The main thing is not to make big mistakes.
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Olivia Wolff
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January 08, 2021, 05:27:04 PM |
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Just want to share a little experience with you guys....and I think most of you have gone through that too over the years.
A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
Now.. I know most of you guys will say that you will never sell at these prices, because you are waiting for the Moon... but I needed a bit of a push and some extra cash would have made life so much easier (and it did) ...so I sold some.
Well... within little more than a week or two.... the price skyrocketed to almost $39500 (doubled) and I now get that "Sell" regret that most of us have had in the past. (If I held on longer, I would have received double the amount in cash)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
Hey, stop blaming yourself, and don't be upset! If you decided to sell bitcoins at that moment, then it should have been done. You know, what happened, happened for the best. Just remember not to make rash decisions. So keep your head up and do crypto!
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Asuspawer09
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January 08, 2021, 06:11:45 PM |
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~
I just did the same thing selling my bitcoin at 27k thinking it was a good price already and I did make a profit from it but selling it around 35k$-40k$ is surely a big difference in profit. But I guess it not that bad as long as you make a profit from it, you could still reinvest that money in cryptocurrency and for sure there is always an opportunity to invest in bitcoin. Everyone is surprised and it's really unbelievable that the market could easily pump that high in just a month starting last year.
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Renampun
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January 08, 2021, 06:31:12 PM |
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You have to keep thinking positively and let it go... you are not a clairvoyant who knows Bitcoin will be at its current price. You did your best because you sold your Bitcoin at a high price and made a profit from it. I also experienced the same thing and sold too quickly because I really needed the funds. remember, no regrets.
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ChrisPop
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January 08, 2021, 06:52:47 PM |
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Just process the feeling and acknowledge that you cannot foresee the future whatever you could do. The price could have dumped again and you would have been happy that you sold. The thing is to inhibit these emotions when you're trading and investing. You missed some yield and so what? There are opportunities everywhere to invest and earn a high yield: you can start a business, trade, retail, manage an app creation, etc.
See the full half of the glass. You did keep a part of your stack, haven't you?
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Review Master
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January 08, 2021, 07:07:45 PM |
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More likely it happens with me only in the time of bullish trend. Whenever i sell bitcoin and see a massive jump , it feels like to lose something which is more precious than other living things. But deeply understand that it was needed for my livelihood in that time and that feelings disappeared from my mind.
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error08
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January 09, 2021, 01:12:32 AM |
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Most of all ever dealing with that feeling, presumed sell at a high price and be ready to buy the dip but turned out it rise even higher. So whenever you sell bitcoin, make sure to have the intention to let go of whatever might happens next, you'll take it with no regret, at least you sit on profit right, be grateful for what you have and let go of what you've missed.
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inanilujimi
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January 09, 2021, 02:00:15 AM |
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everyone who is in the crypto circle must have experienced something similar, there is nothing to be sorry about because the decision you made was right, if asked whether to buy again at a high price or wait for correction the answer will be different. if for the long term I think there is no problem buying at high prices because bitcoin will continue to grow over time, but if for the short term to trade honestly for the current price I would not dare.
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maxreish
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January 09, 2021, 02:02:22 AM |
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There's a slight regret. I feel you as I also converted my 1/4 of my btc holdings at $19k and it skyroketted to $41k. But when I realize I already had doubled profit and I still have btc left to sell off at new ATH.
It's still fine. As long as we didn't be too greedy and be deficit at the end then we don't have to regret that much.
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Wulan_maniez
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January 09, 2021, 02:19:30 AM |
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It's not a mistake if you sell it for your own purposes. And all will also do that if there is a more important need. But you can buyback if bitcoin has dipped its price later, at least you will again have a profit opportunity in the future when bitcoin again raises its price. And of course, if you want maximum profit you have to let your investment reach maximum profit, you must have other savings for your daily needs, or to cover your sudden needs. So you don't have to sell your bitcoin for other needs.
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samputin
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January 09, 2021, 02:20:52 AM |
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Well, on my end, I deal with it by accepting it. Regrets won't bring yesterday and there's no way for us to change it. I have experienced such even before. I used to blame myself for not being patient enough and for not holding longer, but thinking about my reason, and if it's a valid one and due to an urgent need, then I'm slowly being fine.
That's why, now with the new ATH, I sell little by little so that when the price suddenly spikes, I still have coins left on my wallet and I'm still earning profit. It's undeniable that the spikes make us excited that we tend to be greedy and sell most of our coins but pause for a while and think why you would like to sell. Don't just let greed take over you so there would be no resentment in the end.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | │ | | │ | | ! |
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rokon1234
Member
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January 09, 2021, 02:35:50 AM |
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This is perfect time to sell BTC,if anyone hold their BTC.Because, no one khows what happen next with this crazy coin.we are saw also ATH bull ran in 2017.Everyone now this time got double profit.so, it's not bad idea to sell any big pumped coin.
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roses80
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January 09, 2021, 03:54:16 AM |
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It would be extraordinary if we have bitcoin today at a very extraordinary price. And people who previously owned bitcoin are so lucky they are with such a high price increase.
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pawanjain
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 09, 2021, 04:17:54 AM |
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Just want to share a little experience with you guys....and I think most of you have gone through that too over the years.
A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
Now.. I know most of you guys will say that you will never sell at these prices, because you are waiting for the Moon... but I needed a bit of a push and some extra cash would have made life so much easier (and it did) ...so I sold some.
Well... within little more than a week or two.... the price skyrocketed to almost $39500 (doubled) and I now get that "Sell" regret that most of us have had in the past. (If I held on longer, I would have received double the amount in cash)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
I get what you feel because even I sold some of my coins when the price was at $28000. I sold so that I can take out a little profits and go on a holiday and I just booked the tickets and going for a holiday today. I know it feels bad that we could have waited a little longer and got more for the same amount of bitcoins sold but then what if bitcoin would have dumped if we didn't sell at that point ? So even though we might feel little regrets, we should take it in a positive way and let it go. If a buy back price occurs then we shall surely buy some of it back but if not then just let it go. For me, I will enjoy my holiday to the fullest so that I can reap the benefits of not selling cheaper than what I sold for.
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ChamanB
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January 09, 2021, 04:22:51 AM |
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I too sold mine at 23k n 30k and I understand how it feels like. Point is we never know what maximum or minimum price bitcoin will take. Better to settle with some profit rather regret doing greed. Life is simple if you stop complaining.
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maydna
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January 09, 2021, 04:45:30 AM |
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I just say "Oh, the price is rise. I wish I sold it at this time, but it already happened". I can't do anything, and I can only feel sad, but no need to long for me to forget it because I am sure that I will have another chance to sell bitcoin at the other high price. I will wait for the next highest price, so I will make another profit. But that will be different if we really need money in our real life, so that can force us to sell some bitcoin to fill our needs. We will not think twice about the price, and we will sell bitcoin before we are late to fill what we want.
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LogitechMouse
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January 09, 2021, 05:28:02 AM |
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TBH, when Bitcoin is at the $10,000 price I said to myself that all of my holdings right now will be sold when it hits its last ATH of $20,000. It reached that price, did I sold?? I didn't sold because I saw from its recent movements that it is in a parabolic rise and the price might go up faster than we are expecting and it happened. If only I sold all of my Bitcoin holdings at $20,000 I will feel regret too and will say to myself "Why did I sold it to that price when I know that it will go up more." and I might drink some beers here in my room ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Currently, that is my best decision of the year so far. Choosing to risk and not to sell my holdings. After reaching my target of $20,000 I have another target right now and when it reached that target I will sell some of my holdings ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Yatsan
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January 09, 2021, 10:01:46 PM |
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It is somewhat frustrating on the part of you as a holder to evenly sold too early have been surprised to lately realized that you have done a wrong decision with that move you have made upon seeing the price increase into a lot more greater value beyond your expectation which is really regretful for you are currently thinking that you missed out greater opportunities if you have waited for a little bit longer before selling your coins. Well, it is just a common experience to all of us since we might have encountered that all or nothing situation and might have been an instinct to be done as a lesson learned from the past ATH that happened way back 2017. But you must not be stuck up into such situation wherein you were full of regrets and blaming yourself for it will not help you gain the advantage. What you need to do it regain your composure and start fresh and do better the next time around.
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pixie85
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 09, 2021, 11:30:16 PM |
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Also, there's a reason why I personally almost never sell a substantial amount of bitcoin without any reason. (e.g. I need to pay $1k to my dentist, so I only cash out $1k worth of BTC. No more, no less).
That's some expensive dentist you got there I do the same. I don't sell to make money because bitcoin is my savings. I also sold some a few times at different levels even lower than 20 thousand but that was because I had a choice between going to the bank and begging for a loan, borrowing from my friends, or selling a bit. Sometimes you don't see any other way and in such case you should never regret or torture yourself. A trader who chose to sell on Monday when he could wait till Friday can have regrets. People who have families and expenses shouldn't because they aren't selling for fun but out of need. The important part is that you guys are still in the game.
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