Oh that feeling... when the price goes crazy...after you sold!

[MCobian]

I think it doesn't matter if we really have a sudden need and in the end we decide to sell the Bitcoin we have. And it is also not wrong if we sell
Bitcoin when the price reaches $ 18,000. As long as we still get profit after selling the Bitcoin we have. It must be admitted that we are indeed
regret when we find out that Bitcoin has now managed to reach a price of $ 40,000 and our Bitcoin is selling at a lower price.

But the problem is the price of Bitcoin is difficult to predict, who would have thought the price of Bitcoin went up so far. All we better do is just
move on, and start over to collect more Bitcoin. And we must be optimistic that the future price of Bitcoin can be even higher than the current
price.

[ilhamsugihamin]

In my opinion, if you really have to sell at that time and the need is high, then just sell it, even though in the end a week later the price goes up I won't regret it. Therefore I have learned not to be extravagant and that there is a need for the right balance between spending and saving money.

[michellee]

In my opinion, if you really have to sell at that time and the need is high, then just sell it, even though in the end a week later the price goes up I won't regret it. Therefore I have learned not to be extravagant and that there is a need for the right balance between spending and saving money.

Yes, because our needs will be the important thing that we need to fill. And if we can save more, we can know how much our expenses, so we can save the rest for the next higher price. We can balance our funds, and we can also make money from the balance. There is no need to regret seeing the price still increase after we sell because we will have the other chance to sell at the next high price.

[gurunanakji777]

You must be happy you still have some BTC. There are people who also sold all their BTC this time when BTC reached close to 20000$ mark because they don't want to wait again for 3 years. On the other hand most of the traders are regretting to sell earlier this time. They must be thinking like if we hold for another 1 month we will get more profit and In the past 3 years most of the traders learn bitter lesson when you are in profit must sell. If greed stops you can be in loss again and I am satisfied that I sold at good price and this is the market where we learn every time new lesson for future.

[7788bitcoin]

You must be happy you still have some BTC. There are people who also sold all their BTC this time when BTC reached close to 20000$ mark because they don't want to wait again for 3 years.

Anyone who knows to read the old price charts will understand the once the price reaches the old all time high valuation the price would further rally and if anyone was afraid that we would see a correction and then the price will not rally then it is your fate of understanding the market. Even i sold when it crossed the all time high valuation thinking we will see a minor correction and wanted to purchase again but that never happened and i never sold after that as i will be selling only if the market shows some sort of weakness.

I had these terrible feelings in the past when you see the market rallies just after you sell the coins but now i am more matured enough to understand the market and i sold a few only because of the pandemic when it crossed the all time high valuation.

[qwertyup23]

Sorry to hear that but in my case, every time I sell my coins I always make it a point that it would be my last option- meaning that I would not regret it.

To give you a concrete example, last 2017 I sold around $200 worth of btcs ($10,000/btc) due to a medical emergency in my family. Since I had no cash left from my savings, I decided to use my bitcoins to help my brother. After a couple of weeks, its price skyrocketed from $10,000 to $19,000. I did not regret it as the situation called for a medical emergency.

In conclusion, what I am saying is before you cash out your bitcoins, make sure that you are 100% committed to that decision. I know it is inevitable to feel like you've lost but always be firm with your decision.

[Natsuu]

Dealing with it will never be easy, even if this happens to you for multiple times. But if you think about it, the only choice you have now is to move forward and continue moving forward.

I am not a speech presenter or any kind of motivational speaker, but as for me, I am just always reminding myself about the futures to come, and the decisions I made are made for a reason. Reasons that I know in that current time I made are the best thing I can ever do.

Just as like what Lewis Robinson always says. "KEEP MOVING FORWARD"

[suzanne5223]

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.

Although, OP is not the only one that sold early but I don't consider the current Bitcoin holder lucky because they risk their investment when they decided not to sell. However, I don't think the OP has a reason to feel sad for selling at $18K since he doesn't sell at a lost price since the market is volatile and I believe the best thing the OP ought to do now is to learn from his mistake

[enhu]

If it's just an altcoin I wouldn't really regret it but if it's BTC, it's going to be another reason to feel bad. I also tried to sell my WAVES as it dropped close to $5 recently and now it's bouncing again. I sold and suddenly the price went up. It feels like the market just waited for me to just fill the orders of those who are buying at such a low price.

The regrets will double if its BTC that I sold but if I were OP I will buy back again the BTC when it dips. No prayers will help earn the money back unless we invest again.

[kentrolla]

The reason why we plan for long-term is only because if we require that in future for an emergency, sometimes we have to overcome and react according to the situation.

And yes even I have experienced that I mean after selling and price will gradually grow in rapid speed and that's really frustrates like I did a big mistake, after sometime I use to satisfy myself that whatever happened only for good cause and I was not greedy too because I sold it only for the purpose.

[serjent05]

So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)

I just let it go.  Way back in 2016 I sold a dozen BTC at the price of 2k and after 4 months the price goes up to 20k.  I never had any regret because at that time I needed the money badly to renovate our home and pay for my family debt. I settled all the debt and be able to fix the house with those funds.  Let us be happy with the help those funds gave us, regretting will only cause disappointment and depression and it beats the purpose why we sell those BTC in the first place.

[XavierLaurent]

If I were you I wouldn't feel bad selling some BTC with most of your coins still left, as I understand your situation is. It's also good time to look into buying BTC again with price correction starting right now. So it's not all lost IMO. Most of us had situations like this at one point or another. Chin up OP!

[AniviaBtc]

You have nothing to do with it but to regret and learn from it because after you sold your bitcoins then it is too late for you to reflect.

There are a lot of investors who are confident enough to sell in a certain price like $30k mark but they ended up regretting their decisions. But we need to just keep moving on if we did that because you have nothing to do but to accept the fact that you rushed things in bitcoin industry.

Don't rush things and take time predict when will its price go down so always be patient and observe the market.

[Tahsin Kabir Kollol]

The feeling of this situation is really painful when you have been holding bitcoin for a long time and after selling for a small profit, the market rises rapidly and reaches a high price. I had some deposited bitcoins which I sold at $13k then the market quickly went up to $40k. And I'm thinking right now that if I hadn't sold my deposited bitcoins at that time, I could have made a lot more profit. While it is frustrating to see the market rise after the sale, it is a part of the trade and not to despair, we need to focus on the next step.

[so98nn]

Haha, not just bad feeling but my world moves upside down when this happens in the first place. I guess this is what we define as time period just before fomo and after fomo if you don’t react timely. But I had this experience many times now and it’s now time to show some stubborn skills and try to buy as much as I could no matter what the price is. If you do this then you could settle up for best profits ever and that’s too without any more stress on your mind while making this trade.  

[saffira]

Nothing to regret if you sold it because you were faced with important/urgent things, even Andreas M. Antonopoulos did same things many years ago, but he still active on cryptocurrency space.

I agree. I have sold my coin due to urgent needs caused by pandemic. In fact I consider myself lucky that time because I have my coin as back up. At first I feel regretful that I did not hold it, but then I realize I should be thankful because I survived the crisis through my coins.

[sapnu]

The feeling of this situation is really painful when you have been holding bitcoin for a long time and after selling for a small profit, the market rises rapidly and reaches a high price. I had some deposited bitcoins which I sold at $13k then the market quickly went up to $40k. And I'm thinking right now that if I hadn't sold my deposited bitcoins at that time, I could have made a lot more profit. While it is frustrating to see the market rise after the sale, it is a part of the trade and not to despair, we need to focus on the next step.

It is indeed true, that is the time you realized that you shouldn't sell it that time, but regrets are normal when you have experienced that. The only thing you can do now is to learn from it, you cannot predict the price that is why you don't know when is the perfect time to sell. It is either you will win or you gain regrets on your own decision. You should move on and continue on what you are doing, as long as you are taking profit that is good for now, just don't be greedy next time so that you will not lose your money.

[Iranus]

This always happen to me. Whenever I think of selling BTC, the price starts to go down, but the most strange thing is that the price goes up instantly with sales. When this happens, it makes me very angry & I just wonder why does this always happens to me, not to others!

[suzanne5223]

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.

Although, OP is not the only one that sold early but I don't consider the current Bitcoin holder lucky because they risk their investment when they decided not to sell. However, I don't think the OP has a reason to feel sad for selling at $18K since he doesn't sell at a lost price since the market is volatile and I believe the best thing the OP ought to do now is to learn from his mistake

Nah, you are in his position I think you would understand because he just need an extra cash and a little bit of push. And $18k is not that small although he didn't expect it to grow faster and we all have been there too once in our lifetime. I hope this will be a good lesson for everyone but in case of emergency you really have to do what you can do and including that is to sell with what price you see fit.

I was in his position last year though I sold on December due to emergency purpose and because I don't expect the January market to be this outrageous bullish and like you said this will be a good lesson for everyone cause I should have asked my bank for a loan which I would have payback by now whilst I still save some rather than selling my BTC instead selling

[de_ingenious]

Regret is the ever occuring phenomenon in BTC world. It may sound cliche, but this attitude works for me everytime: I grieve, I extract a lesson (or accept what's irreversible), I move on. Easier said than done though. If you still have BTC, I wouldn't dwell on this too much anyway.