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Author Topic: Do you regret when you miss selling at ATH followed by a correction  (Read 2306 times)
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August 06, 2022, 06:54:53 PM
 #261

Not only that I have regretted once, but many times already about missing the chance to sell at all-time high due to my greediness and complacency. Now that I have learned my lesson, I would likely going to sell at all-time high this time for altcoins. But for Bitcoin and Ethereum, it’s going to be a different story because I am bullish with them for long-term.

I am currently doing DCA with Bitcoin since May 2022, and I am planning on doing it every month as long I have extra money to spare.

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August 06, 2022, 07:56:59 PM
 #262

Not only that I have regretted once, but many times already about missing the chance to sell at all-time high due to my greediness and complacency. Now that I have learned my lesson, I would likely going to sell at all-time high this time for altcoins. But for Bitcoin and Ethereum, it’s going to be a different story because I am bullish with them for long-term.

I am currently doing DCA with Bitcoin since May 2022, and I am planning on doing it every month as long I have extra money to spare.
I think most of us experienced the same situation of not selling at all time high and regretted it once. I myself have experienced it several times and we know what the lesson from the experience is. Keeping the strongest coins and disposing the weak coins is the right thing to do. We know that there are a high chance that weak coins can't go back to their all time high even it experienced another bull market again, I've realized it last bull market that weak coins can't hit it's all time high again. But yeah it's a different story for strong coins like bitcoin and ethereum, They are expected to surpass their all time high again during the bull market phase and it's been like this many times. I'm sure those who experienced it will just accumulate top chart coins and just disregard coins that has weak foundation coins because there's only a low chance of making it to all time high again.
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August 06, 2022, 08:40:56 PM
 #263

Sell at whatever position you feel your profit is worth taking because if you dont you will regret that especially in crypto because lets say you sold BTC at 50k and it went ahead to hit 65k and then launched back to 20-15k and maybe you bought back there What I see is an investors willing to be flexible and stay in the games Take your time and plan your moves is the best strategy

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August 07, 2022, 02:00:02 AM
 #264

You never know what would happen in the future, at the time I'm sure you see that the price is cheap and you are expecting that it will rise over time. Now, we see a major collapse of the market again, however, you should not panic, see it as a normal thing, if you cannot buy again, just hold and trust the process, eventually, bitcoin will pump and the rest of the market will follow.

We can only take a guess of where prices will go, but we can never be so sure because of the unpredictable nature of the crypto market. Altcoins are much more volatile than Bitcoin, meaning the risks of loss are higher. I did regret not having sold some alts during their ATHs, especially when they never went back to their original prices after a long period of time. That's why I'm more into Bitcoin because it has a high probability of reaching a new ATH after every halving. No one can predict the future, so we should diversify our investment just in case. Just my opinion Smiley

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August 07, 2022, 02:46:50 AM
 #265

Not only that I have regretted once, but many times already about missing the chance to sell at all-time high due to my greediness and complacency. Now that I have learned my lesson, I would likely going to sell at all-time high this time for altcoins. But for Bitcoin and Ethereum, it’s going to be a different story because I am bullish with them for long-term.

I am currently doing DCA with Bitcoin since May 2022, and I am planning on doing it every month as long I have extra money to spare.
Well, I think we all almost missed that moment. however, I am also committed to that, but there will be a desire to continue to hold while ATH is happening, and I think that is a natural thing. however, to avoid this, when ATH occurs, we may need to sell a few percent of the assets we own while we still want to continue to hold them. at least we sell for the initial assets that we have. however, as long as I'm in the crypto world, I've also made such commitments, but when ATH happens, I keep holding on. well, it makes me quite sorry not to sell the asset when the price is high. many lessons we learn, however, sometimes we only learn it when it happens, but when it happens again, we do different things.

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August 07, 2022, 03:24:13 AM
 #266

Not only that I have regretted once, but many times already about missing the chance to sell at all-time high due to my greediness and complacency. Now that I have learned my lesson, I would likely going to sell at all-time high this time for altcoins. But for Bitcoin and Ethereum, it’s going to be a different story because I am bullish with them for long-term.

I am currently doing DCA with Bitcoin since May 2022, and I am planning on doing it every month as long I have extra money to spare.

Holding altcoins to want to become a millionaire is the mistake of many investors, But then we'll all realize one thing, we're all wrong, there are very few coins that can recover from a drop after the drop, other than bitcoin and ethereum there are no other coins that can do so.

Altcoin investing should be considered as a short term investment, take profits as soon as possible and once you have taken profits, never look back, new opportunities are always available in the market.

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August 07, 2022, 09:43:05 AM
 #267

You never know what would happen in the future, at the time I'm sure you see that the price is cheap and you are expecting that it will rise over time. Now, we see a major collapse of the market again, however, you should not panic, see it as a normal thing, if you cannot buy again, just hold and trust the process, eventually, bitcoin will pump and the rest of the market will follow.

We can only take a guess of where prices will go, but we can never be so sure because of the unpredictable nature of the crypto market. Altcoins are much more volatile than Bitcoin, meaning the risks of loss are higher. I did regret not having sold some alts during their ATHs, especially when they never went back to their original prices after a long period of time. That's why I'm more into Bitcoin because it has a high probability of reaching a new ATH after every halving. No one can predict the future, so we should diversify our investment just in case. Just my opinion Smiley

In terms of possibilities, we already saw how bitcoin provides new ATH each time halving comes, if you will put a big amount of your investment it's best to pick Bitcoin though you can also use other solid project that you see and understand how the developing core are doing, each coin that follows bitcoin are also good and have decent potential to rise high,

it's a matter of how you will take time in doing your research and following the market, new and old coins do have potentials it's always relying from how an investor do his homework before choosing his investment.

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August 11, 2022, 08:25:29 PM
 #268

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.

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August 11, 2022, 09:15:31 PM
 #269

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.

The closest example is when the bull market occurred in 2021, some coins managed to reach the new ATH price and I am one of those who
regret not selling the coins I have when the price reaches new ATH. Even though if I manage to sell it at the new ATH price, I will get a big profit,
I also had the opportunity to buy again in the current bear market. Therefore I learned from my mistakes that it is still difficult to control the greed
that is in me, this is what finally missed my opportunity to be able to sell at the new ATH price. Now I have to be patient waiting for the market
to be bullish again, because as you said new ATH probably will not be achieved in the near future. So besides I have to be patient holding the coins
I have, I also have to start accumulating very potential coins. So when the bull market came I was ready to sell the coins I had at the new ATH price.

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boty
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August 11, 2022, 09:19:10 PM
 #270

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
thats why how important taking profit in every trade. No matter how much return we get from coins, price will do correction or reversal we never know. By taking profits and re analize market, i am believe will make our  portofolio growth faster than just holding.we have more buying power with profits accumulation we got before.

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August 11, 2022, 09:31:53 PM
 #271

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
thats why how important taking profit in every trade. No matter how much return we get from coins, price will do correction or reversal we never know. By taking profits and re analize market, i am believe will make our  portofolio growth faster than just holding.we have more buying power with profits accumulation we got before.
I'm sure that most of us has our own regrets on not taking profit on trades, The common reason of it is because of overestimation of the market and becoming greedy at the same time. There will always be a price correction and retracement on massive pumps and it is expected most of the time. Of course, Actively trading opens new opportunity on having that buying power and getting more profit from your trades. It takes time, effort , knowledge and patience but it is definitely worth it after being satisfied with the profit you earned on trading.
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August 12, 2022, 02:42:03 AM
 #272

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
Taking profit during bullrun is good because you can enjoy your earnings. We'll never know when might the price decrease again after reaching the ATH thus to avoid having regrets dont refrain yourself from selling if thats what you think the best for yourself. But there are investors who are firm to not sell even the price reach the ATH then turns downward again These people are determine to keep holding until the price reach their desired value to finally sell.

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August 12, 2022, 02:46:23 AM
 #273

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
Taking profit during bullrun is good because you can enjoy your earnings. We'll never know when might the price decrease again after reaching the ATH thus to avoid having regrets dont refrain yourself from selling if thats what you think the best for yourself. But there are investors who are firm to not sell even the price reach the ATH then turns downward again These people are determine to keep holding until the price reach their desired value to finally sell.

Yes, better to take profits on each milestone rather than waiting for our dream all time high. Bitcoin is a market that usually dumps 70 - 80%, so if you did not take profits you will regret your decision later. However there are few people who do not want to sell for a very long time like 10 years or more, that's also a good approach if you are not active in trading.
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August 12, 2022, 01:00:33 PM
 #274

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
Taking profit during bullrun is good because you can enjoy your earnings. We'll never know when might the price decrease again after reaching the ATH thus to avoid having regrets dont refrain yourself from selling if thats what you think the best for yourself. But there are investors who are firm to not sell even the price reach the ATH then turns downward again These people are determine to keep holding until the price reach their desired value to finally sell.

Yes, better to take profits on each milestone rather than waiting for our dream all time high. Bitcoin is a market that usually dumps 70 - 80%, so if you did not take profits you will regret your decision later. However there are few people who do not want to sell for a very long time like 10 years or more, that's also a good approach if you are not active in trading.
wow if anyone sells cryptocurrencies over the next 10 years maybe they are very rich people now,
and indeed it is cold money, but for everyone who invests in cryptocurrencies I sure don't want capital to be lost,
so my advice is don't hold up to 10 years, but trade 10 years!

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August 12, 2022, 03:45:54 PM
 #275

Regrets that often occur for me for always buying when I am experiencing a downturn but the dehumidifiers that occur continue until the losses I feel, of course this is a great regret because it is wrong in predicting a coin that we want to hold, but if an event like the one you feel it has become a greed because it is too much to hunt for profits and one day it will definitely be trapped in FOMO, then don't be too enthusiastic about investing.

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August 12, 2022, 03:50:47 PM
 #276

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.

The closest example is when the bull market occurred in 2021, some coins managed to reach the new ATH price and I am one of those who
regret not selling the coins I have when the price reaches new ATH. Even though if I manage to sell it at the new ATH price, I will get a big profit,
I also had the opportunity to buy again in the current bear market. Therefore I learned from my mistakes that it is still difficult to control the greed
that is in me, this is what finally missed my opportunity to be able to sell at the new ATH price. Now I have to be patient waiting for the market
to be bullish again, because as you said new ATH probably will not be achieved in the near future. So besides I have to be patient holding the coins
I have, I also have to start accumulating very potential coins. So when the bull market came I was ready to sell the coins I had at the new ATH price.

Accumulating coins is one of the good strategy during the bear season, if you trust and you really understand how the developers will bring their project into success, keeping the coin while the value is really low and expect that days will come for the coin to pump hard. It's not easy, but if you do your research and you keep your faith with the knowledge you gained, the chance that you will be able to hold and continue to wait while the project is still in progress.

Regret is a part of yesterday's mistake. You can't bring it back, but you can always learn from it.

Use that as a good motivation to keep your investment on the right track.

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August 17, 2022, 01:12:46 AM
 #277

Holding altcoins to want to become a millionaire is the mistake of many investors, But then we'll all realize one thing, we're all wrong, there are very few coins that can recover from a drop after the drop, other than bitcoin and ethereum there are no other coins that can do so.

Altcoin investing should be considered as a short term investment, take profits as soon as possible and once you have taken profits, never look back, new opportunities are always available in the market.

Altcoins are a much riskier investment than Bitcoin due to their highly-unpredictable nature. Most of them are driven by hype/speculation, so prices can either go up or down in a blink of an eye. Remember, not all that glitters is gold. Just because an altcoin is "pumping" like crazy or gives huge returns doesn't mean that it's worth the investment. People only think about the money so they quickly invest into highly-rewarding altcoins (mostly "meme" coins) with the hopes of becoming rich within a short amount of time. But that's not the way it works.

No one really knows when a cryptocurrency will "pump", since the whole market behaves in many strange and bizarre ways. You just sell whenever you see there's a bull market run, and then buy when it's all the other way around. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts Grin

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August 17, 2022, 03:01:24 PM
 #278

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?
No, I will never feel bad that I didn't sell at an all-time high, but it's better if you know or get news about a market correction take profits and keep buying back at lower prices depending on the time and circumstances, it becomes easier, some needs are also fulfilled and there is peace of mind.
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August 17, 2022, 06:03:03 PM
 #279

It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

Crypto is full of regrets. You sell at the current ATH, then it gets a new ATH. You decide to hold, then it dips.
So, the most important thing is to always learn to take profit when you are in profit, because you might end up regretting

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August 23, 2022, 06:12:42 AM
 #280

I get asked sometimes if I regret not selling my coins at the all time high and my answer is always the same. No, I do not regret it. You can’t have too many regrets in crypto since there are so many price swings and it’s impossible to know exactly where the bottom or top is.

How many successful swing traders do I know? Not many. My investment strategy is pretty consistent, I bet on winners that I truly believe in and I hold long. Eventually,  BTC will be worth 100k and that's what I focus on. 

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