Topic: My biggest crypto regret - page 7. (Read 729 times)
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.
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.
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.
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.
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.
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.
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.
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Regards,
PrivacyG
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 $3,500 again. Most of us have been through this. You sell thinking it will sink to the bottom of the ocean but then it recovers like never before. Or, you buy thinking this is just the beginning but you are actually buying the top.
Do not have such regrets. You buy low and sell high. These what if's are just paper losses or paper wins that were simply impossible to predict at the time you took a decision.
-
Regards,
PrivacyG
If I am given a chance to go back to 2020 I would hold my ETH very tight and never let go, when covid was hitting the world at its best I thought it over and I sold 24 ETH which I bought at 120$ 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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