Topic: How do you deal with 'Selling early' regrets? - page 5. (Read 1189 times)

There are no such traders who would get a profit to the maximum. And it's not uncommon for me to see the price of a coin still double after selling it. I know that the market will provide me with many more opportunities to make a profit, but I am still tormented by FOMO.

If you make a profit out of your Trade whether it is a small or big, that's what all matters, you don't have to regret it in my opinion because it's much better than losing a profit. Trading is sometimes not goes with your plan, so it should be expected. You just have to re-enter a Trade again once the price goes beyond the price where you sold your coin, then sell again once it goes up again to the price you want.

What's done is done, no matter what you do after a unsuccessful trade won't change what already happen. You just have to learn and move on, make the right thing next time.

if it triggers when we are alone the solution is to make your self a company with others or make your mind busy  , play games when no one is available to talk to , play music when your finally alone in your room and will be going to bed . it works like wonders on me .

 trading is like gambling , when we play gambling we practice to forget the past sessions , that includes past losses and wins .

now we need to apply what we learn on gambling into trading .

One way to avoid it is to never sell.

To flip the negativity of trading early (regrets) is to forget about what you've done.
How? Start something new. Focus on that. Then with high hopes, slowly you will not remember it anymore.
I know the feeling, sometimes it visits like nightmares when you are alone.
Thankfully, I don't remember the numbers anymore.

I can handle the regret because so many regrets had happened to me in as much I'm still the trading atmosphere, every minutes on or two traders gets regret for selling lower so you have to accept that and move on to next trade, I sold my btc at 33k thinking it would still be falling but now it's at 37k, very hard to predict the future and when it's goes against you, embrace it and find the next solution.

Yes, you are right. After we get lost the money, we will have more opportunities to profit from the other coins.
As long as we know when we should sell the coin and how much profit we can get, I think we can prevent the loss, and no matter if our profit is not bigger than we expect, we still profit.
With the volatility of the crypto market, we should always calculate or analyze when we can enter the market and exit the market at the right time.
We do not have to make more profit if we think it will be difficult to do, especially if the market is hard to predict.

Selling too early will have a risk, which we should know.
But if the price can increase to $21k, and we already sold it for that price, the price will go down for a while.
Sometimes, the price can go down too deep, and we will have the chance to buy back Bitcoin at a lower price.
Bitcoin price itself will not always increase after the highest price, and the price will adjust to the lower price for a while or stay at that low price.
If you can buy back bitcoin at that time, your bitcoin amount will be bigger than before, so you will have more chances to sell it at another highest price.
Bitcoin investment will need patience, which will depend on how big the investors can wait for that.
If they can wait for a long time, they will get a big reward in the future, but bitcoin investment will benefit us because we can sell it whenever we want.

At the end of the day even if have a plan, selling early would make everyone upset. If we bought at 7k and sold at 21k, that would be 3x return, but when we see price hitting 40k we will still be upset about it no matter what. So, that is why selling early regrets will happen no matter what. What we can do about it is, basically never sell until we want to get out completely.

I understand that many people do not get in crypto with huge sums, so they can't get retirement amount of money that easily, if you invested 100 dollars when bitcoin was 1000 dollars (5 years ago) and sold today at around 40 thousand dollars, you would have 4 thousand dollars right now. That is a 5 year wait on 40x return, and even though that is a great return, you are still not retiring with 4000 dollars. But if you keep investing and keep waiting you may end up retiring with it, and do not sell until that moment. After that, you are retired with a lot of money, doesn't matter if you missed more money.

I'll just consider it as my bad experience and do some adjustments in order to avoid it to happen again. Selling not in the right time will surely to give us a regret but if you have no enough resources to hit the right time to sell then it is better than selling with no profit at all.

But for seasoned trader, I know that this kind of action will surely to give them a hard lessoned and they will regret it for sure. Still it is not the end of the journey, meaning we need to move forward and what we can do is to learned from our past mistakes and make our trading decision better in our future trades.

It is not easy to accept the selling early regrets, especially if we know the price increase so high after we sell.
But we can not do anything because that is out of our expectations, and we can not predict accurately where the price will increase or decrease.
But at least, before we sell our coin, we already analyze the price and we know where we need to sell the coin, so we can still make a profit, although our profit will not be too big if we sell at another high price.
I am sure that we will have another chance to sell the other coins at a high price, and we should accept that without regretting too long.

I simply think we cant turn back time and its destined to happen. Even I dont sell my coins earlier I cant also pin point the perfect timing to sell.

Thus as long as I made profit regardless how small or huge it is, still its a profit. What we need is contentment and learn to appreciate what we haf. Regrets are always there for sure but think of the positive side of selling early.

What if the price suddenly drop after we sell? Then we made the right decision, just think about it that way.

By forgetting it since you cannot do anything anymore since you already sell it and just think about you still earn even if the market is unpredictable and bounce back next time around once there's a opportunity. You don't need to count your possible earnings if you hold since it's different scenario and we don't know about the outcome of we talk about future.

I went through the same thing and worse not once, it made me realize that being calm is very important in crypto. It's better to do an analysis of what happened and before that try to determine the worst-case scenario and determine the purpose of your investment, I'm sure that will help rather than just regretting it.

Selling early regrets is common because people cant really just able to ignore that they shouldnt have sell that early to make more money.

On thinking that they should consider themselves lucky because they do able to gain rather than on losing their investment.
Dealing with it? Just moved on.

Dont look back into the past or what had been done already as long you do make money then that what matter most.

So some football players scored a hat-trick in one game, do you think he will regret and be disappointed in every next game if he doesn't do the same? You can't have "the best performance" every time! It's simply not possible, not even for the best from the best, even they have bad days and many mistakes!
What that means in trading? Simply you can buy every bottom, you can't sell every top! If you trade regularly you will have good hits, and some days will be perfect probably, when you bought/sold at very bottom/top, but you will have bad days too, full of mistakes!
So how to deal with mistakes (buying/selling late/early), regrets... like always, when you fall first what you need to do is to stand up, think about your position and take the best from it! Learn from mistakes, and try not to fall too hard next time!

Thats the effect of being affected with price drops and fomo. The thing here is that we need some basis perhaps learning how to read indicators is a great benefit for us to know whether it may still go up after few sideways or not.

Rather than regretting what we did before by selling too early, we better perhaps improve our trading skills and collect more tools needed not to repeat the mistakes again.

Feeling regret is a normal feeling of human. But if you want to succeed in trading or at least in investing, you need to become calm so as to make clear decision. You can miss some of opportunities but the market continue to create new edges, new opportunities for you to grab. If you spend your time to regret what you did in the past, how can you have a clairvoyant mind to make a new trade. Learn from your mistake, but dont let the negative feelings bury you.

If you believe in a project always keep a long term bag that you never touch, think about what moon could look like for that project and hold some tokens that you never sell just incase you reach moon. Trade or play around with another bag. And oh yeah, if you actually reach that moon price you had in your head you should sell regardless if it goes up more, what's worse than selling at your moon price and seeing it go up is holding and then seeing a token drop -90%.

Looking at the past few days we can see that it is very important to hold and sell Altcoins or Bitcoin at the appropriate times. Because Bitcoins fall so quickly and keeping them can sometimes leave you with no money.

Regret for a while then move on. Yes it is very simple to say but hard to apply because we are dealing with cryptocurrency with real monetary value that if you miss greater opportunities you are somewhat missing out the chance of earning greater gains of profit. It is very usual for every trader to miss our greater opportunities for we are working on a volatile market that highs are considered as improvement on positive way and you should grab such before it turns down. For sure many of us have already experience regrets for selling too early or too late because no one literally knows on which direction can the price goes. You just really need to regret it for a while then move on and try to catch up on the missed opportunity you have and make better decisions the next time around.

When I sell early and regret.. I think about what makes me sell early. If its a positive reason, it will actually make me stop regretting. But if I just sell for selling sake. I always find a way to stop seeing the coin I sold that goes multifold