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Author Topic: Do you get mad when the price of your cryptos go higher after you have sold  (Read 2021 times)
lienfaye
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March 29, 2021, 09:35:44 PM
 #121

The thing is you never know the dip and the top. You only know it after it happened. So don't worry about dips and tops, just set a price target and when it hit the target take action. Otherwise you can complain every day about price, nobody can see the future. Sometimes I feel same, especially if the coin is one of my favorites and I sell early. If you trust a coin in long term then you better stay away from daytrading. That's the best advice I can give to you.
Indeed we cant certainly say if the price already reach the top. Thats why having a set target price is better unless if you're planning to hold for long period and disregard the value even its already good to sell.

On the other side if ever you sell your coins early, then the price started to increase further, my advice is dont feel bad. Dont check on the price if you already sell because it can cause you a hard feeling of selling early. Move on or wait for another dip to buy back again.

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March 29, 2021, 10:24:23 PM
 #122

Yes! That is the irony known as unlucky.  I kept ETH in 2018 from $ 800 until the market was hit by a lot of bans and triggered an extremely pessimistic sentiment.  In the end, when I couldn't curb the thirst of anger, I sold all my ETH for $ 150.  It is a lesson in perseverance.  You can keep choosing HOLD the "right time" but at the right time is completely different!
Wow! You're every right to be mad but I'm still surprised though you sold your investment at lost price when the cryptocurrency profitable investment advice was not to sell at lost price cause the price of the market will always reach another ATH after Bitcoin halving.
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March 29, 2021, 10:49:08 PM
 #123

I really afraid of missed profits. Thats why im hodling for already several years
Now I wonder how much profit you gained from holding several years since you said that you're already holding it and by holding for that long time doesn't necessarily guarantee that you gonna get a big chunk of profit.  I know that people pointing out not to sell too early and hodling it but hodling for too long you could also miss the opportunity to sell.
If he is just holding for shitcoins, more likely he still got nothing as we mostly experience for these coins. Too bad we wasted a lot of time holding and get nothing in the end and I was hopeless then to think that there is a chance to get some profit with them.

I just hope that he got a few dollars enough to repay him for how many years keeping his coins. It is gonna be like a game of luck that someday he will be a lucky person and won the jackpot. Because reality, only a few coins that have been long-dead manage to create hype but the majority are still staying in the dark.

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March 30, 2021, 09:39:45 AM
 #124

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.
Despite the fact that some write that it is possible to calculate the price movements of a cryptocurrency, I think that this can not be done in all cases, which means that from time to time we will still regret selling the cryptocurrency when it starts to rise in price after that. This should be treated as normal work situations that will inevitably repeat itself. But we are human and have emotions, so regret is okay too.

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March 31, 2021, 01:32:25 PM
 #125

Of course we get mad, when i start trading crypto and investing to new project i get mad if i sold it too early. But now after many years i have been did it i know that early selling coin is not too bad, because there are always new opportunities every day or every year. There are always new good project to invest. For example : i was unbeliever to ethlend project, especially when the token dump to almost trash. But look at the project now. Its AAVE now. And i believe some of these new project will gives good return too for next 3-4 years. Maybe its student coin, maybe other..

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March 31, 2021, 02:16:05 PM
 #126

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?

This happens to me all the time. Imagine let say you sell at a pretty decent amount and then the price continues to grow, I'd say everyone will felt remorse on selling early but you know what I think it is good enough as long as you get a profit in it. First of all, you don't know how the market will behave if you let your greed overcome you and ask for more this could cause a loss because it could go dip down instead of going up. What matters are you have your profit, you could still enter though if you think the growth will continue. We will all have regret but we must move on because there's a lot of opportunities ahead of us so why not focus on them.



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March 31, 2021, 05:44:16 PM
 #127

There is not one person on this forum or probably in the entire crypto-space who trades perfectly & sells at the top every time. I think it’s always important to never sell all your stash. That way if/when the price goes up you always have some left. At the end of the day any decent profit is good & better than anything you get in fiat banks now due to their awfully low interest rates.

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March 31, 2021, 09:25:28 PM
 #128

There is not one person on this forum or probably in the entire crypto-space who trades perfectly & sells at the top every time. I think it’s always important to never sell all your stash. That way if/when the price goes up you always have some left. At the end of the day any decent profit is good & better than anything you get in fiat banks now due to their awfully low interest rates.
I doubt that people would be selling out on partially behavior because when taking off profits then most of the time it would be a full scale or all in type of selling and then
consider on buying back if there's some opportunity.People cant really just accept or do easily regret when the time they do saw the price had shoot up even more after selling
out their coins but it doesnt really matter actually or such an issue because as long you do make out profits then thats the most important.
People are really just not really making themselves on being contented on what they had gained.

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March 31, 2021, 09:54:47 PM
Merited by xiboothrezi (1)
 #129

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?
of course I experienced it too, but I always think positively, such as :
1. I have made a profit, so I don't lose anything
2. How if I continue to hold and don't sell when the price has increased or reached my target and what happens is the price doesn't increase but instead goes down

therefore, as long as you get a profit, then you must still be grateful for the profit you get Grin.
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April 28, 2021, 10:05:55 PM
 #130

I think your reaction to the change in price of a token after selling it will depend on the reasons for selling it for example if a token or a coin goes higher after you sell it but you only sold it because of the fear of a dip then he may feel bad but if you sold it at your profit objective then there is no reason why you should feel bad because they will always be more opportunities to invest into the crisis and you should have an orbit of taking profit along the way

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April 28, 2021, 11:48:29 PM
 #131

--
of course I experienced it too, but I always think positively, such as :
1. I have made a profit, so I don't lose anything
2. How if I continue to hold and don't sell when the price has increased or reached my target and what happens is the price doesn't increase but instead goes down

therefore, as long as you get a profit, then you must still be grateful for the profit you get Grin.
I like your mindset. I also think so, if it's profitable why should I regret it? after all, we cannot read the future, the predictions from the analysis can be in accordance with or inversely proportional to reality. if we realize this, we will not easily regret and grieve in case of cases like the op mentioned.
we just need to wait for the good chance to enter again, it's that simple. if stuck with regret, it can affect mental health whether in trading or investing. just enjoy, and get used to doing analysis.

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April 28, 2021, 11:59:51 PM
 #132

There is not one person on this forum or probably in the entire crypto-space who trades perfectly & sells at the top every time. I think it’s always important to never sell all your stash. That way if/when the price goes up you always have some left. At the end of the day any decent profit is good & better than anything you get in fiat banks now due to their awfully low interest rates.
It is true that no one is perfect in the market who always sells at the top. This time around i sold some of the coins i was holding for years when the value started to rise simply because i was a bag holder for multiple failed projects and during the last rally i had the opportunity to cash them out for a big profit but i kept on holding them and ended up holding all of those shit tokens and when the price started to rally this time i sold everything i was holding because i do not want to hold them again when the price goes down.
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April 29, 2021, 12:09:50 AM
 #133

Nope, its very sad to see that whenever I sold my crypto in a much lesser value I still feel grateful that I managed to earn a good profit because I know that in this crypto world it is really hard to predict when will a crypto reach the peak and when it will burst down to the bottom so always be happy in every profit you get.

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April 29, 2021, 12:39:22 AM
 #134

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?

Selling crypto early is definitely experienced by everyone, because crypto prices are very difficult to predict. So there is no need to be annoyed
if indeed after you sell coins, then after that the price of the coins goes even higher. The most important thing is that you managed to get a profit
even though it was small, so my advice is not to be too greedy to get maximum profit. If you invest like that, you will tire yourself, therefore
controlling emotions when investing is very important. So that you can always be grateful for whatever profit you get.

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April 29, 2021, 01:38:21 AM
 #135

I'm not angry, only disappointed to have sold it. this often happens to me like yesterday DOT, BNB, and ADA I'm sold it. I might have made a profit, but if only I was more patient I might get more profit. I thought the price had reached its peak, but in fact it could even go higher.

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April 29, 2021, 02:12:26 AM
 #136

To be honest yes  Grin Grin Grin it happen many times or we usually call "Trader Emotions"

there's other thing that usually happen when you trade perpetual futures

the red candle touch your stop losses but after that it goes to moon  Grin
or when you open position market dump but when you not market pump  Grin

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April 29, 2021, 02:32:27 AM
 #137

This often happens, but I don't really think too much about it because I definitely have my own target to sell altcoins. When the market is like today no one knows when it will be as strong as it is now. some of my altcoins have experienced high increases but I have already sold them. regrets do exist but that doesn't change anything. I am a doge holder and now I should have made a lot of money but .... already sold it Cry
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April 29, 2021, 02:42:02 AM
 #138

This is a really good question, but this one happens to resonate personally with me. Over the years there were several projects didn't practice my due diligence on and ended up selling super early before the coins or tokens mooned. In fact it I'm still beating myself up over it till this day, I just can't seem to let some things go, even though it is unhealthy!     Undecided

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April 29, 2021, 02:47:28 AM
 #139

Things like this are commonplace and now I am more receptive to this if in a sell state I have taken profit. Being someone who is greedy is of course very profitable, but when the profit target has been met, then our next task is to do another analysis to make and target new profits again.
Honestly, I really regret it when after selling, it turns out that the price goes up. But thinking logically with the brain will make our assets safer than we lose.

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April 29, 2021, 03:12:29 AM
 #140

Well for me, it is not really anger but rather see it in a funny way. There is one thing that we do not know in this world, one thing we all don't know, even those who don't do investments. That thing that we don't know is the future. We don't know the future and in cryptocurrency we don't know when the good prices will happen. It is either you follow what you instinct tells you, or HODL, or hold a little more time before you sell the coins. And most will just use their emotions at that time to decide that they will sell, not knowing that there is still an upward trend for the coin. So I do not get angry I do not regret my decision. I just know that it is what it is and move on from there.

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