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

[Twinkledoe]

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.

If you will regret every time you sell your btc, then, that's really not good. Getting crazy on what should have done. For me, I learned my lesson, once I sold, I don't go back to that time that I sold it. I just moved on and look for other opportunities. It will just give you headache if you will revisit your trading activities.

[erikoy]

Bitcoin now started to fall down and that is the bad news. The good news is that we can start again collecting btc little by little through bounty and hold it always for the next bull run. I have learn my lesson yes as the title of the OP exactly what I felt now maybe a  little bit more intense because I bought high and sell low. This is now my problem seeing bitcoin market on bull run. Well, it is time to move on.

[Shasha80]

I was lucky enough to refrain from taking profits when the Bitcoin price went up to $ 18,000. After that Bitcoin finally reached a price above
$ 20,000. Which is the moment that makes me confused about whether to take profit or not. Finally, the price of Bitcoin keeps going up and up,
and I finally can't help myself anymore. Then sell Bitcoin at a price of $ 30,000. What turns out that Bitcoin is still continuing its price increase
reaching $ 40,000. But I don't regret selling Bitcoin for $ 30,000. Because I have already gotten a sizeable profit. And I hope Bitcoin can be
corrected by going down to a price of $ 20,000 again, so I can buy Bitcoin again.

[gabbie2010]

I had a similar experience like the OP when I sold at $27K then I needed some urgent cash to settle a debt, just within a range of two to three days the price went to moon invariably losing some reasonable amount of profits however that is the risk involved with cryptos perhaps if
I decided to hodl and the price dumped I will also regret not selling earlier thus not meeting my target, all this kind of situations will persist in cryptoshpere nothing can be done to salvage it.

[Yaunfitda]

I guess everyone has experience this in this bitcoin journey.

I myself, almost see this, once I sold the price really took off, and I just shrug it off. That's why it's really better to be a holder in this bull market that we are witnessing so far. Just sell when you really need the money. And with the current pullback, better to stack sats now, just saying.

[finn.cole]

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 understand that today is not my day. Then I just take food, make myself tea and turn on some movie or TV series and try not to think about it. That's how I'm dealing with it You should try

[xcaret]

I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   

[Sithara007]

I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   

Well.. I don't know whether it will go down to $14,000 per coin, but looking at the history of Bitcoin prices, I would say that it is not impossible. Back in 2017, after we reached the ATH of $20,000 per coin, the prices crashed to around $3,000 in less than 12 months. The same happened in 2013 as well, after the peak valuation of $1261 was attained. Within one and half years, the prices went down to $200 per coin. In both occasions, the prices plunged by around 85% from the peak pricing. A repetition of the same would mean Bitcoin going down to $6,000 per coin.

[UserU]

Well.. I don't know whether it will go down to $14,000 per coin, but looking at the history of Bitcoin prices, I would say that it is not impossible. Back in 2017, after we reached the ATH of $20,000 per coin, the prices crashed to around $3,000 in less than 12 months. The same happened in 2013 as well, after the peak valuation of $1261 was attained. Within one and half years, the prices went down to $200 per coin. In both occasions, the prices plunged by around 85% from the peak pricing. A repetition of the same would mean Bitcoin going down to $6,000 per coin.

The crash might be even larger, that's when it's goooood to enter. *evil laugh*

[samputin]

But I don't regret selling Bitcoin for $ 30,000. Because I have already gotten a sizeable profit.

I actually did the same. It's somehow making me resent but you know what I realized just now? I think it's also regretful if you didn't sell when the price was at it's peak. Makes me wish to turn back the time. But, what else can we do? Things like these really happen and I think that's also normal to feel regret. Let's not just dwell on it. Let's be patient once more and be open to the opportunities that come with the crash.

[GideonGono]

It feels like the market was playing you and it really is irritating or annoying.
I experience it countless times already that is when I decided to just hold my crypto and only sell when I need the money.
But it is also annoying when you miss the chance to sell at the high price or before the price goes down.

[Kakmakr]

I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   

It is even worst when you decide to sell and while you are waiting for the "sweep" of the coins to confirm and for the coins to be transferred to the Exchange and suddenly the price goes down by almost 15%

You get that sinking feeling that says... "You idiot..you waited too long" and then you rush the transactions and do not check the fees and pay $1000 for miners fees. 

The price is going down again now, so more people will be experiencing this feeling soon.... Oh why did I not sell sooner. 

[jademaxxiss012]

You are good already mate because see now market having bitcoin market falls down so fast. I was.hoping tha it could still bounce back and get into 50K$ per btc in the following weeks. Well, bitcoin market is being dictated by the bitcoiners and whales has the great role of it whether to hold or sell their holdings that can greatly affected bitcoin market price movement.

[Bergkampsballs]

Now might be a good time to buy some back in if you were regretting cashing out too early?

[death69]

The past is the past. Regret only makes things worse. I know that you can't escape from this feeling but remember: you can not change the past. Being regretful consumes you a lot of time. I only have a few tips that I use to overcome this feeling. First, try to make yourself as much comfortable as you can by creating new hobbies, learning new things, reading books or even working to fill your free time. The more free time you have, the more you think of the past. Second, talking to others is also a way to ease the pain. And you are doing it correctly. But not just on the internet, I bet you have some of your friends who can hear your thoughts in a real-world without judging you. Being listened to is a way to make us feel more positive as well as pleasing.

[mezzaluna]

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)

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

Dealing with it instantaneously would not be easy to do since you might feel disheartened at that moment and its up to you if you want to instantly buy some bitcoins at a high price, however buying on the dip is actually better because we really believe that Bitcoin will have another skyrocketing moment in the future. 

[Zionatin]

Here's a very similar topic just posted yesterday. Topic: How do you deal with 'Selling early' regrets?

Anyway, you said you sold because you needed the extra push, and you did achieve that. I really don't see the problem in your case assuming you actually still have a good amount of bitcoin left; also taking into consideration that timing a buy or sell position is almost impossible anyway so there's almost nothing you could've done to predict this price increase. I mean, what if it ended up going the other way instead?

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).

I bloody sold when it was down at $4=$12k but I needed the fiat and crypto is my only source of fiat.

I always try to remind myself that it could have gone the other way but I can't help but feel the odds were far in bitcoins favour and I still believe it is. In hindsight, it is easy to judge. So you had a car crash? Why didn't you swerve around the person left and not right? When you flip a coin? Why did you not pick heads instead of tails? It is easy to look at the chart and say "Well I should have bought here and sold there" but you are looking back with godlike insight.

I agree with you, it is a good idea to sell every now and again and enjoy the benefits.

[suzanne5223]

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

I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks.

Bitcoin market is unpredictable but I am talking about the seeking bank loan as an alternative instead of selling ones Bitcoin holding in this rally market in other not to miss the opportunity the market will bring and I am not referring to getting the loan in other to invest in crypto

[0t3p0t]

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?)

Since you said you needed some extra cash that's why you sold your coins then that is okay and we all did that way maybe because of the basic needs or allowance for the pandemic as we are all affected. This happens to almost all of us and that is the reality. You are lucky enough to sell that high and not cutting loss. In my case I am always at loss because I don't have Bitcoin on my wallet whether the price is low or hight it does not matter to me because I have nothing to sell and nothing to buy you know what I mean. You can only hodl and earn a lot if you have extra money for daily needs since you don't need to sell your coins that is the perks of having extra money or being wealthy.

[TopTort777]

For those who feels crazy when after sale price goes up, I suggest to devide balance into several wallets and in case you urgently want sell - sell the balance only from one wallet. You will either lose only part, or missed an opportunity to earn only with a part of your balance. Or try to get used to such ups and downs. It is better to keep head fresh than to worry about every early sale.