motun01 (OP)
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February 18, 2021, 09:40:43 PM |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
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optimisticcm
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Sovryn - Brings DeFi to Bitcoin
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February 18, 2021, 10:06:24 PM |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
Obviously this happens especially in the bullish market like we have now. I needed some cash so i decided to withdraw one of the tokens i was holding for long though i was in profit but the price quickly doubled in a few days after i sold, this definitely makes us angry but it is part of the game my friend and we earn for our needs so no regrets.
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20kevin20
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February 18, 2021, 10:08:41 PM |
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How do I deal with this? Easily: just think about it.. Did you ever know it'd go higher? Would you regret if it went lower instead?
I sell a coin when I'm thankful of the price I'm cashing in. So why would I regret a choice I was happy about? No one can predict the future and, as soon as I'm on a profit, who cares?
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StephenJH
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February 18, 2021, 10:19:44 PM |
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Yes, it happens a lot. For not getting this feeling, we have to make correct analyses and always stick to the main trading plan. Making trades outside of the trading plan will not make us happy, traders have to disciplined in order not to miss a market trends. The price can go down too after my sell order, it depends on the market behavior.
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livingfree
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February 18, 2021, 10:25:09 PM |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
Yes, most of us do. The catch is that you need to set your mind to be happy with the gains and profits that you are cashing out. Don't ever look into it as if you regret selling because if you do, that will keep haunting you until you messed up with your emotion. I'm dealing with it through selling a little by little if I want to take profit. At least leave a portion for that coin so if ever you see it pump, you still own some and you won't feel bad about it.
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shinratensei_
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February 18, 2021, 10:47:55 PM |
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Do you also encounter this? And how do you deal with it?
I do and just forget it, that means if you are not lucky enough to hodl your tokens or coins dude. I have been doing it so many times but that coin is not the only way to generate profit. You are still having another chance with another coin too. Don't be sad and try to invest in another coin that has the possibility to do the same as your old coin. There are a bunch of coins in the market that has very big potential for growth.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Henrobakkara
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February 18, 2021, 10:53:31 PM |
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I also often experience things like that and to deal with it is very easy, let's say you never owned the coin and never knew it so you won't regret it when you see the price of the coin is high.
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olabiyijummy02
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February 18, 2021, 11:11:23 PM |
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This happens to most of us and also the best traders also struggle with this from time to time. However, the only times that i regret selling off a coin too early is if i sell it before it meets my previously set profit objectives If this happens then i may feel bad if the price eventually gets there But the most important thing you need to learn as a traders is that, you cant always be right and as long as you're making some profit, you're still better off from when you invested.
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motun01 (OP)
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February 18, 2021, 11:19:25 PM |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
Yes, most of us do. The catch is that you need to set your mind to be happy with the gains and profits that you are cashing out. Don't ever look into it as if you regret selling because if you do, that will keep haunting you until you messed up with your emotion. I'm dealing with it through selling a little by little if I want to take profit. At least leave a portion for that coin so if ever you see it pump, you still own some and you won't feel bad about it. Yea i think you make a lot of sense... no one gets mad if they sell a coin or token and the price dumps afterwards. So i think its a matter of setting personal targets, and taking the desired profits when these targets are met and having no regrets because no one has a crystal ball to predict the future and it may most likely hurt a lot more if you refuse to take profits when you get to your price targets and the price dumps afterwards
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Bttzed03
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February 18, 2021, 11:33:16 PM |
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Yeah it happened to everyone and still happening to most traders. There are only a few among us that are emotionally stable when it comes to trading. Do you also encounter this? And how do you deal with it?
I do and just forget it, that means if you are not lucky enough to hodl your tokens or coins dude. I have been doing it so many times but that coin is not the only way to generate profit. You are still having another chance with another coin too. Don't be sad and try to invest in another coin that has the possibility to do the same as your old coin. There are a bunch of coins in the market that has very big potential for growth. This is probably the right mindset and one that I'm applying right now. There are at least three coins/tokens I've sold that are now 2X my selling price but I'm still glad because most of the coins/tokens I've reinvested have also gone up.
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ElaineGanda
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Futurov
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February 18, 2021, 11:38:45 PM |
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Not neccesarily mad, more on disaoppointed. But of you are doing trading most of the time, this happens a lot. But if you gain some profit in trading, I think it is enough rather than sold the coin you have in a more lower value and have some loss.
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Rengga Jati
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February 18, 2021, 11:43:28 PM |
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This depends on the initial target you have set. Sometimes, we will be greedy enough with this point, selling it at a rate, and being regret of the price because the price is higher and higher. I personally never regret the selling because initially, I made a target at first selling the coin at a certain rate. After hitting the price and the price is still going up, never regret it. Just analyze the market of the coin and how the cycle of the coin (up and down). If the coin is good enough we can wait for the market correction and buy it again and sell it again at the targeted price.
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oemar bakrie
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February 19, 2021, 03:24:01 AM |
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everyone will face like that, sorry to want to be angry but all have already lost the first opportunity.. but it's all the flow like that,I want not to regret it and forget it and don't look for the assets that we have ever sold and to treat regrets about the assets we sold, we made another token investment.
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DapanasFruit
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February 19, 2021, 04:48:30 AM |
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Yes, this is a very normal reaction for anyone human but as what others are saying we have to move on from every transaction because it is just a big waste of time to be dwelling on our emotions. Had the coin dumped after the sell then am sure you will be celebrating in joy. Funny, isn't it? But this is a life of a trader and a holder. To really make a profit, we have to sell what we are investing into otherwise we can just look at our profits in numbers and maybe expect some good dreaming afterwards. And this is the reason why determining when to sell can really be so difficult especially when the market is still so rosy and climbing the hill...where is the peak of the hill is something we have to determine.
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TastyChillySauce00
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February 19, 2021, 04:50:46 AM |
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Encounters this so many time but there's nothing we can do right? the deed already done and we can't reverse time, just take it as some kind of lesson. But if I'm being honest, this kind of things always happen to any traders or asset holders out there, not only in crypto and they always said that they were regretting selling early. Otherwise if there's a way to know that certain asset gonna go up in the future everyone would've been warren buffet. Just stop regretting and move on I guess.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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virasisog
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February 19, 2021, 05:07:10 AM |
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It happened to me a lot of times, I sometimes buy certain crypto and after selling or even cutting my losses, the price then recovers. That's why whenever I sell I don't look back at prices anymore to avoid any regrets or whatever. I learned that profit is profit no matter what, if you miss out on somethig there will be better opportunities.
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Nrcewker
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February 19, 2021, 05:16:05 AM |
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faced lot of time . last i remember price was 3.5K i sold 4BTC . and right after one week price raised about 80% .
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Strongkored
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February 19, 2021, 05:25:45 AM |
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I have experienced this often, and to be honest this is very uncomfortable, feelings regret are always there but I don't mad. I am trying to think what if the conditions are the opposite, prices continue to fall and have not sold the coin will definitely regret it even more, so just accept whatever results I get, and started trying to sell coins that I have partly to anticipate things like this.
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kzel2226
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February 19, 2021, 05:31:59 AM |
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Iam relate mate let me share it to you ipaid youc and amepay from bounty when i sold it after month the price is go up. Then in my trading experience on binance when ill buy alts and hold omg they going down the price isold it in stop lose then when i buy a coin and nothing movement ill sell it with no profit after ill sell it omg they going up cyrpto hurting me so much 🥵
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RussianEnglishTranslation
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February 19, 2021, 05:47:10 AM |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
You can never time the market perfectly. The fact that you sold and could have sold for more money is psychological. You could make the argument that you are taking out your initial capital and only trading profits, which would be a very smart thing to do. I would never take out more than 10% of my crypto investments though, blockchain is the next internet.
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