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GEMIN_M4 (OP)
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April 04, 2022, 07:16:33 PM
 #1

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

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PrivacyG
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April 04, 2022, 07:43:35 PM
 #2

There is one thing you are not taking into account.  That is, how unpredictable this gets.

You may purchase Ethereum at $3,500 now and continue to hold.  It may be worth $35,000 in a matter of years, but maybe you actually bought during All Time High and it will never recover to $3,500 again.  Most of us have been through this.  You sell thinking it will sink to the bottom of the ocean but then it recovers like never before.  Or, you buy thinking this is just the beginning but you are actually buying the top.

Do not have such regrets.  You buy low and sell high.  These what if's are just paper losses or paper wins that were simply impossible to predict at the time you took a decision.

-
Regards,
PrivacyG

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April 04, 2022, 08:04:54 PM
 #3

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each...
Well, it is what it is, if you actually sold to sort out some real life problems, then that is absolutely fine, and another thing is that you didn't sell at a loss based on the price you purchased them for, thus you still made some returns on your investment. You can't always regret when a coin you sold starts to appreciate in price weeks or months after you already sold them because the market is unpredictable and the coin you were hodling could as well have dumped right after you sold or whilst you were still hodling, that is how the market is.

What is most important is that you are hodling a coin that is sustainable for the long term like Bitcoin, not every coin is actually good for hodling long term and you have to sell them as soon as you have made profit, but Bitcoin for example is a long term project that would attain mass adoption somewhere along the line, thus if one is a Bitcoin investor i can advise him or her to hodl on for a very long time even when the market isn't so good, but for any other coin i prolly wouldn't give out such advice bodly.



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April 04, 2022, 09:58:19 PM
 #4

That’s where the market volatility comes in, be prepared as anything can change at anytime. Others might have lost such opportunity than you. But that’s the way the market it, understand it and know how to trade well more.

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April 04, 2022, 10:02:06 PM
 #5

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each...
Well, it is what it is, if you actually sold to sort out some real life problems, then that is absolutely fine, and another thing is that you didn't sell at a loss based on the price you purchased them for, thus you still made some returns on your investment. You can't always regret when a coin you sold starts to appreciate in price weeks or months after you already sold them because the market is unpredictable and the coin you were hodling could as well have dumped right after you sold or whilst you were still hodling, that is how the market is.

What is most important is that you are hodling a coin that is sustainable for the long term like Bitcoin, not every coin is actually good for hodling long term and you have to sell them as soon as you have made profit, but Bitcoin for example is a long term project that would attain mass adoption somewhere along the line, thus if one is a Bitcoin investor i can advise him or her to hodl on for a very long time even when the market isn't so good, but for any other coin i prolly wouldn't give out such advice bodly.

his situation is not bad at all as compared to those who bought at a higher price and then lost all because the token or coin, is not anymore tradable in the market. at least, if he sold it at profits, he already gained something. much much better than losing your initial funds. as you can't tell the future of the project, you are just hoping that your initial investments will be on the positive side and not on the negative. eth is a solid project, hence, he can see the increase of its value. however, if he happened to invest in hype token, he maybe regretting also that he did not sell the token while it has market value.

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April 04, 2022, 10:12:17 PM
 #6

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

Believe me, what happened to you is really a lesson that has cost very little. Imagine people who were selling 100 or 1000 BTC for a few hundred dollars and thought it was a success. The same can be said for many other projects. As a consolation, I can tell you that the cryptocurrency market is constantly developing and you will have many similar opportunities. Smiley

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April 04, 2022, 10:16:50 PM
 #7

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each,
im sorry for your lose but when you sold it right now and then you will be getting almost 30x more from what you have sold but by the way im sorry for your lose. You must be a lucky guy again soon. You can try to get the hidden gem and hope if it will become a dragon soon. I have ever sold a few hundreds ethereum at the bottom and i regret my decision. lol.

I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.
Yeah that's why the chance will always there as long as we are actively searching for the hidden gem and we can find so many new gems that will be giving the best performance like what ethereum did.
We just need to be decipline.

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April 05, 2022, 02:14:06 AM
 #8

Of course there are regrets, but don't dwell on them too long. The most important thing is that you know what will happen in the future when we have a coin with great potential. I think it's not wrong when we sell it as long as we don't sell at a loss, maybe at that time we won't make as much profit as if we sell it now. But in the world of cryptocurrencies the same opportunities will always exist.

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April 05, 2022, 02:28:47 AM
 #9

If I am given a chance to go back to 2020

if you can go back in time please buy me eth too  Grin Grin

that's our regret now when we know the price of the coin went up and we didn't have the coin when the price was still cheap, maybe some people here have experienced the same thing as you. hope you will get a replacement.

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April 05, 2022, 02:30:33 AM
 #10

That's why most at times it is not good to rush into action without making the right decisions, selling off such about of ETH then compared to current price is a strong and big lost. But one thing for sure is that there's always a big chance for you to buy some units and hold instead of regretting in two years time to come.
One thing you must know is that; we learned from our past or
We learned from what happened to other people out there. Be bold and strong enough to buy and hold.

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April 05, 2022, 04:04:24 AM
 #11

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.
I appreciate the fact that you realise this mistake and hope to prevent it in future but it is wrong to say that in future there might be shitcoins that go up. Shitcoins will always remain shitcoins no matter what happens to the primary market. There are some exceptions but not worth putting your time and money in. So why waste thinking about those countless projects?

If you would say the same for Bitcoin and other top altcoins I would say that you learnt a lesson and don't repeat it in future.

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April 05, 2022, 04:30:03 AM
 #12


Lessons to learn from the past. It makes us come out different after the experience.

Practically the experience with you, I have some regrets. I may have gotten some ETH still it should have been more if I learn to trade it well in selling at the right time and buying at the right time. I was lucky to have bought ETH as early as 2015 and then sold as well. Its the most tragic story of my life that I could have more to spend this recession time. But I'm glad still. If it didn't happen I wouldn't strive harder to learn from that experience. Now I'm getting confident in trading.


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April 05, 2022, 04:40:35 AM
 #13

it's an advantage if you can hold on until now, but come back if in 2020 there is a financial problem or other problem and the only way to solve that problem you have to sell your eth
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April 05, 2022, 04:42:39 AM
 #14

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

Most important thing is acceptance no matter what your decision because you will never have a peace of mind by thinking that opportunity over and over. If you still having a hard time for that opportunity missed, Just remember that there's a guy named Laszlo Hanyecz that exchange his 10,000BTC for a 2 slices of Pizza. Imagine how much money he missed right now compared on what you experieced. All of us has a what if but we can use it as a motivation to move forward and things to consider for our future decision.

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April 05, 2022, 05:38:20 AM
 #15

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.
We all have face similar kind of situations where we regret selling our coins at way low price then the current time but i would say it's not your mistake as you need funds in emergency and that was only way you see to help you.Those times people survival was tough and funds we save can be utilised then.Although 24 ETH at this time are worth $84k but at what prices you have sold them? Because i think you have manage to gain good profits with them as buying them at $120 in past must have given you profits so don't feel bad.

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April 05, 2022, 05:50:49 AM
 #16

There is nothing to regret here, you haven't said anything about why you sold those ETH, maybe a responsibility unfold? The best thing is getting money when you needed it the most this is why I didn't regret if I sell any coins and later it surge higher.
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April 05, 2022, 07:45:35 AM
 #17

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

Wish I had known BTC could cost tens of dollars. I will buy it and hold on tight till now.
Don't wish too much. There is no time machine except in the movie "The Terminator or The Time Machine".
We just need to make changes not regrets.

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April 05, 2022, 07:53:48 AM
 #18

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

Your regret is almost the same as mine. At the start of the pandemic I had 10ETH in my personal wallet. I held it very firmly, but at that time my finances were very bad. I was fired from work, the pandemic worsened the situation, and my savings were slowly running low. without thinking further I sold all the eth I had, because by then the price had gone up. but when my finances improved I didn't think about buying eth again even though at that time the price wasn't too different from when I sold it. a year later in 2021 to be exact, I realized that the decision at that time was the wrong choice and I regret it now.

I'm currently trying to buy back little by little and will hold onto it for years to come. no matter if many people say ethereum is too high or too expensive, i stick to my current decision, buy it for a long term investment.
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April 05, 2022, 08:01:01 AM
 #19

Wish I had known BTC could cost tens of dollars. I will buy it and hold on tight till now.
Don't wish too much. There is no time machine except in the movie "The Terminator or The Time Machine".
We just need to make changes not regrets.
Regret does not come in the beginning, because if regret can come in the beginning, then everyone in this world will be happier and happier and it will be easier for him to find the wealth he wants.
Actually, it is not only changes that need to be made, but also trust that needs to be increased and patience in storing it must also be greater, just imagine those who believe in Bitcoin and dare to buy it during the correction in 2018 and sell it last year Roll Eyes Shocked

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April 05, 2022, 08:01:28 AM
 #20

If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ each, I never knew I was so damn lucky to buy at that price, learn to hold tight if you believe in a project, there are countless of projects in past years that are way bigger in value right now.

If you sold it i April 2020 then at least you should have still made a profit with it. Of course the profit that you managed to achieve was only a fracture of the potential profit that you could have made if you would have held the Ethereum a few years more up until now or back into May 2021 when ETH was above 4000$ but the big problem with investments is that you can not look into the future. You should not look back to often because you just get frustrated every time you think about that "mistake" that you have made even if it wasn't a real mistake. Back then you just did what you thought was right. So it's time to move on i would say.
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