Topic: Bitcoin regret story, Need advise! - page 2. (Read 602 times)
Learn the lesson and you don't have to think of it all of the time. What's done is done and if you've sold due to the panic during the early days before the bull run, make a decision that you'll hold for a longer time and you have a definite price to sell whether the market shakes or not, you'll wait until that day comes. You're still free to keep on saving bitcoin until you see that price that you have set. As long as you're still able to make some and buy some, hold it with confidence.
I too sold my BTC's when it crashed. Keeping only few of those intact could have fetch me a good sum as of present.
What I did, and is still doing now is to let go this situation. Perhaps, it would be better if you diversify your income source and not to rely on BTC only.
What I did, and is still doing now is to let go this situation. Perhaps, it would be better if you diversify your income source and not to rely on BTC only.
I must say this was a hard lesson for you. That's the common problem for newbies, we become panic if dump bitcoin price for a certain time. My story something similar to you, I hadn't sold Bitcoin for real cash, but I was bought some shit coins. I do not regret it, I still believe some days that would be recovered as well same like Bitcoin. Currently, it's hard to suggest what you should do. We don't know the reality either bitcoin will pump or it will dump. Right now my suggestion is to wait for a dump, if happen it then you are lucky and you may accumulate some.
Very common to those who buy at a high price in 2017 rally. We've read users who are also selling their coins amid the pandemic. Very unfortunate as they were force to sell their investment while the price is not profitable.
You can start all over again by trying to earn some coins and try to get a job that can support you. By having a job you won't have to spend your bitcoin for your everyday needs. There are thousands of jobs available on job sites today, some are even crypto related.
You can start all over again by trying to earn some coins and try to get a job that can support you. By having a job you won't have to spend your bitcoin for your everyday needs. There are thousands of jobs available on job sites today, some are even crypto related.
You are not alone. 
I have one friend with the same story.
Panic was all the emotion he showed when Bitcoin was going down. Now, he regrets it.
I think I have said it over and over. There is never too late into buying Bitcoin or accumulating it.
There are a lot of ways. You could trade (risky) or you could use your skills paid thru Bitcoin.
I think most of the members here have the same regret but not as far as yours. Maybe sold at 20-25k mark.
I have one friend with the same story.
Panic was all the emotion he showed when Bitcoin was going down. Now, he regrets it.
I think I have said it over and over. There is never too late into buying Bitcoin or accumulating it.
There are a lot of ways. You could trade (risky) or you could use your skills paid thru Bitcoin.
I think most of the members here have the same regret but not as far as yours. Maybe sold at 20-25k mark.
I feel sorry for you but I'm afraid we're gonna be reading way more similar stories in the future. For those who knew bitcoin since the old days, we were expecting some big price rise but the thing is many of us got fooled by the altcoins/Icos/new best coin madness.
It's never too late to get better, don't get so bad at you.
Let's just remember that there is always a good time and good day that might happen to us, although this time might bad to you that you don't have any holdings of bitcoin right now but maybe next time you will be the one who will have so many holdings of bitcoin. Don't feel so bad for yourself right now because the day for you might come on right time. It's never too late to get better, don't get so bad at you.
BTW, could you make an advise to me on what to do right now? I'm a little bit depressed.
You really need to control your emotion if deciding to invest in bitcoin. Bitcoin is a very volatile asset and it continues. Everyone probably already knows that changes in bitcoin price can cause losses for investor and trader if they panic. As we all know, the risk will always be there and will never go away. Nonetheless, I think bitcoin has always had the potential to benefit traders and investors alike despite its high price. Trust that your failures this time will be a good experience to start things off on the right. 
I feel sorry for you but I'm afraid we're gonna be reading way more similar stories in the future. For those who knew bitcoin since the old days, we were expecting some big price rise but the thing is many of us got fooled by the altcoins/Icos/new best coin madness.
It's never too late to get better, don't get so bad at you.
It's never too late to get better, don't get so bad at you.
I don't have any grasp on your personality or anything but here it goes.
KEEP MOVING FORWARD. Failures will always be in place of any traders you will meet. I am not disregarding anything about what you feel, as what you've experienced is oohh la la, but I want to say that what happens happens. As what one of my favorite quote says, "You're never a loser until you quit trying".
If you have someone who you can see and call, DO IT!. Personal advice from peoples you trust and know is the best at times like this. The feeling of trust and bond between the persons whom you will call or see is the best feeling.
KEEP MOVING FORWARD. Failures will always be in place of any traders you will meet. I am not disregarding anything about what you feel, as what you've experienced is oohh la la, but I want to say that what happens happens. As what one of my favorite quote says, "You're never a loser until you quit trying".
If you have someone who you can see and call, DO IT!. Personal advice from peoples you trust and know is the best at times like this. The feeling of trust and bond between the persons whom you will call or see is the best feeling.
The truth is that you will regret the decisions you make that lose more than you will remember and thrill at the wins. Regret tugs harder and longer than the thrill of victory lifts us. The thing is, there will always be another disappointment to squash all hope.... don't dwell on the past.
I am really sorry to hear about your current financial situation but you shouldn't spend too much time regretting your past mistake as this is not going to help and may even make your situation worse by making more wrong decisions.
"You can't change the past but you can learn from it".
I wouldn't recommend investing in bitcoin right now as it's at its ATH but you can try day trading and make good profit from the high market fluctuation. But you should pull yourself together before making any decision.
"You can't change the past but you can learn from it".
I wouldn't recommend investing in bitcoin right now as it's at its ATH but you can try day trading and make good profit from the high market fluctuation. But you should pull yourself together before making any decision.
It's not the end of the world.
What I'm curious of are the specific lessons that you've learned from this depressing experience of yours. What are those lessons that you've learned from it?
There are a lot of us here who are regretful but when the opportunity knocks again at their door, they still wouldn't respond to it.
Bitcoin reached more than $42,000. Right at this moment, the price is just around $39,500. Would you be willing enough to set aside a portion of your savings to buy back Bitcoin? If Bitcoin would even go much lower tomorrow at $35,000, would you be buying?
What I'm curious of are the specific lessons that you've learned from this depressing experience of yours. What are those lessons that you've learned from it?
There are a lot of us here who are regretful but when the opportunity knocks again at their door, they still wouldn't respond to it.
Bitcoin reached more than $42,000. Right at this moment, the price is just around $39,500. Would you be willing enough to set aside a portion of your savings to buy back Bitcoin? If Bitcoin would even go much lower tomorrow at $35,000, would you be buying?
I have been dreaming like anyone else here that are not working but are earning through bitcoin investment.
It's not good if you rely upon Bitcoin earning and you go full time in cryptocurrencies like trading or investing, we can't be assured to have a stable profit through crypto, but then, the risk was still there. I sincerely have advice, find a decent job to have a stable salary every month and then invest Bitcoin every month the amount that you can afford.You're not alone mate, even me, I wasn't able to save my Bitcoin earning due to financial need when there is a pandemic but I didn't regret it because it was saved me during that time and I still blessed that I have accumulated Bitcoin during when I started entering to crypto. We need to move on and find other ways, though Bitcoin was pumped too much and hit the highest ATH, we are still thankful for that.
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BTW, could you make an advise to me on what to do right now? I'm a little bit depressed.
Just sit back and relax, do exhale, and inhale. Diversification into other things might good and come back when you are ready.There's nothing to regret if you use it for a good purpose.
I end up selling it minding that bitcoin will going to end.
don't look at this as a regret story, just see it as a valuable lesson that you've learned and gained a lot of experience doing it. what you had experienced wasn't the first and won't be the last either, we will see it repeated at least a couple of times in very similar manner too.
just know that only because price drops it doesn't mean it is the end of bitcoin! bitcoin is just getting started and is inching closer to mass adoption while being far away from it.
You have not lost everything. I know you have move forward a lot to look back but there's always a place to start it from the scratch.
If you are still interested in trading, try to learn the market and other investors. Don't jump all in but keep playing with your money till you get a good strategy that works for you. Even in that case don't jump all in and diversify your holding on both trading and passive interest. There are many legit and trusted platform like binance that provides you the flexibility of both saving and trading at will. Keep experimenting what suits you.
If you are still interested in trading, try to learn the market and other investors. Don't jump all in but keep playing with your money till you get a good strategy that works for you. Even in that case don't jump all in and diversify your holding on both trading and passive interest. There are many legit and trusted platform like binance that provides you the flexibility of both saving and trading at will. Keep experimenting what suits you.
Probably the only advise is just continue to earn bitcoin, or what we now called #stacking sats.
No need to be depressed, you have made your decision and you should man up. You are still in a signature campaign so still in a weekly basis you can still earn and build your portfolio this year.
This is just the start of the year, so there's a lot of weeks and months of grinding, but for sure it's going to be worth in the future. Best of luck!!!
No need to be depressed, you have made your decision and you should man up. You are still in a signature campaign so still in a weekly basis you can still earn and build your portfolio this year.
This is just the start of the year, so there's a lot of weeks and months of grinding, but for sure it's going to be worth in the future. Best of luck!!!
That's a common mistake here, I say mostly everyone feels the same as you especially those who want a living with bitcoin. Even I had the same experience but that doesn't stop me. I'll try investing more btc in long term and make trading in a few btc I have. I just bought btc when it reached 38k~ish today and will sell when the price reaches 41k or so, just like that.
You can try again and again, there's no wrong about it and serve your mistakes before as your lesson today or when the time you're ready.
You can try again and again, there's no wrong about it and serve your mistakes before as your lesson today or when the time you're ready.
All you can do is learn from your experience and move on, being sad about it or getting miserable won't change the situation, and you can also start accepting that you already lost a golden opportunity, there is no way btc will be coming back down to the level it use to be, but if there will be such a time again, now you already know what to do, many people pass same experience when the market was down as a result of lack of understanding and patience.
If you're still interested in investing in Bitcoin, I guess you should make a DCA plan and buy it regularly. Set a proper exit target (either on a time frame or if you've made some profits) so you can manage your funds easily. Learn your mistakes and never sell at the bottom again (if you truly believe that Bitcoin is valuable). But don't forget to take your profits. Ideally, your initial capital must come back so you don't lose anything. I made this mistake on the 2017 top, believing like an idiot that my alts will continue to rise like crazy when I already made more than $1k without doing anything at all.
Holding is really one good thing to do. I have the same story with the OP but I made it more worst where I end up converting my btc holdings to altcoins and where market becoming worst too. Worst scenario aftee worst and end up all of my funds was wasted. But, I am not afraid to invest again and actually my set profit for btc was so low and probably next time will take it more higher even if it take some time to do it if bitcoin will not skyrocketed to 100K$ this year. 
If you're still interested in investing in Bitcoin, I guess you should make a DCA plan and buy it regularly. Set a proper exit target (either on a time frame or if you've made some profits) so you can manage your funds easily. Learn your mistakes and never sell at the bottom again (if you truly believe that Bitcoin is valuable). But don't forget to take your profits. Ideally, your initial capital must come back so you don't lose anything. I made this mistake on the 2017 top, believing like an idiot that my alts will continue to rise like crazy when I already made more than $1k without doing anything at all.
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