Unfortunately, I have regretted the decision to sell many times, mainly because I was reacting because of my emotions. When you are watching the chart all the time and suddenly you see a very large drop in price, emotions cause panic and you want to sell. It was only after some time that I managed to control it. To avoid such situations, I try to plan at what price I want to sell if the price increases and also how much I can lose if the price drops. I just set my strategy before investing.
That shows that you don’t know what you want, seriously. Everyone goes through the same emotion but you have to be bale to have control over it. And I think knowing what you actually want is what would help to keep you in check and stop you from making the wrong decision due to when the market might have gone sideways.I invest in a coin and the market starts being bearish all of a sudden, it doesn’t force me to sell my coins. When I look at the market and I see that I have achieved what I want yet, I am not motivated or pushed to sell at all, I would just leave it there for a better time. And when it gets to the level I want, that’s when I can decide to whether I am selling or not.
