Topic: Do you regret when you miss selling at ATH followed by a correction (Read 2386 times)
August 26, 2022, 10:36:06 PM
to regret something like you mentioned, IMHO that's humane. However, what will we do after that will make a big difference, Whether we want to pity ourself and cry about our situation or learn from it so next time we can do better. I think great traders also learn from their mistakes since there's no school for crypto at first, most of us learn by doing. This "I know in the future the price will grow again to another ATH" probably could be implemented to top CMC coins/tokens instead of new projects so we need to be wise in holding some coins/tokens.
August 26, 2022, 08:16:39 PM
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 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.
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.
It is true that we must move on from our regrets and learn from our previous mistakes. We have learned that the bear market is the right time
to accumulate coins that we consider potential. And like you said accumulating coins is the best strategy we can do in a bear market situation.
So instead of wasting time complaining that we failed to sell coins at peak prices, we better start planning for our future. By accumulating coins
in bear market situations, if we can do it patiently, making big profits is just a matter of time. For sure don't ever think that investing in crypto is
an instant way to get rich, because it only makes us wrong in making decisions. The first step is to do research and analysis to find the right projects
for us to accumulate, because not all projects are good to buy during a bear market. It is true that we must have the motivation to be able to keep
our spirits up in the face of this tiring bear market.
August 26, 2022, 11:48:14 AM
Regret for not selling our tokens at the highest price, of course, still exists, but we must suppress it by being grateful that at least we have made a profit even though it is not maximal. Crypto price movements no one knows for sure where the highest price is and where the lowest price is, so we must have guidelines in trading to avoid greed that usually leads us to losses.
August 26, 2022, 07:02:31 AM
Somehow I had regrets after 2017 and last year's all-time highs. I would have been a dollar millionaire now if I sold all my bitcoins and altcoins last year at an average of $60,000 per bitcoin. Then use some of the proceeds to buy back next year or by 2023. But what is done is done. We need to move forward and consider past mistakes as learning experiences no matter how hard it is. I'm still happy and proud of my achievements. I never thought that my crypto investments are that effective and life-changing.
Right now I am actually tempted to sell my house in order to buy back. We'll see.
Right now I am actually tempted to sell my house in order to buy back. We'll see.
August 26, 2022, 06:01:57 AM
if asked if I regret it, yes of course I really regret it, especially when bitcoin reached $64000 and I still hold it,
and now I really regret it, and of course I'm also confused, should I hold or should I cut lose,
because I'm still worried he said bearish season is not over yet
and now I really regret it, and of course I'm also confused, should I hold or should I cut lose,
because I'm still worried he said bearish season is not over yet
August 26, 2022, 04:37:45 AM
I prefer to secure a few percent to take take profit in order to avoid the risk of loss. Indeed, sometimes there is a sense of dissatisfaction, especially when the coins when buying experienced a significant increase. However, I try to be consistent and as much as possible to avoid greed.
August 26, 2022, 04:24:51 AM
No one knows the peak of each crypto during bull run so we should learn to sell when we are already at profit. Many people forgot to sell during a bull season because of their greediness of having a huge profit. A parabolic crypto during those season could dump and make a correction anytime. Market has two cycles so we shouldn't be afraid that we won't be able to buy again at lower prices.
Well, it's a very simple thing, when you think about how important it is for us to make a profit. however, most people, including me, are sometimes hesitant to sell because they think of the potential that could come at any time, and maybe bring in big profits. Well, sometimes the thought is not wrong, but sometimes it is that kind of thinking that makes us skip the opportunity to get big profits. I think everyone has regrets about that.The lesson in this case is, when you still intend to hold on, then selling just a few is fine. whether it's to secure your initial investment funds, or just take your profits. at least you got to sell at a high price.
August 26, 2022, 03:28:23 AM
No one knows the peak of each crypto during bull run so we should learn to sell when we are already at profit. Many people forgot to sell during a bull season because of their greediness of having a huge profit. A parabolic crypto during those season could dump and make a correction anytime. Market has two cycles so we shouldn't be afraid that we won't be able to buy again at lower prices.
August 25, 2022, 08:25:48 PM
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.
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.
Of course. No one knows how the crypto market will behave due to its extremely unpredictable nature. We can only take a wild guess of where prices will go, but that's it. Altcoins are known to have higher fluctuations in price than Bitcoin, so investing in them are a gamble. You can either win big, or lose it all in an instant. The key here is to diversify in order to minimize risks of loss as much as possible. 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 opinion
August 23, 2022, 01:12:42 AM
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.
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.
August 17, 2022, 01:03:03 PM
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?
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
August 17, 2022, 10:01:24 AM
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.What is your views and conditions at that time?
August 16, 2022, 08:12:46 PM
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.
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
August 12, 2022, 10:50:47 AM
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?
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.
August 12, 2022, 10:45:54 AM
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.
August 12, 2022, 08:00:33 AM
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.
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!
August 11, 2022, 09:46:23 PM
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.
August 11, 2022, 09:42:03 PM
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. August 11, 2022, 04:31:53 PM
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?
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.
August 11, 2022, 04:19:10 PM
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?
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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