My Bitcoin mistake In 2020-2021 | Bitcointalksearch.org

BuNga_cute

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Quote from: Ultegra134 on January 09, 2022, 03:26:00 PM

Certainly not the first, nor the last mistake you'll do. Most of us have done it, myself included, multiple times too. However, you've tripled your investment, which isn't too bad. Holding forever, isn't a panacea though, we can't keep doing that, eventually we'll have to cash out at least some BTC. While I get your point, I find it pretty pointless.

I've converted to Fiat quite a few times, do I regret it? On the one hand, I'd prefer if I hadn't, but ultimately, I don't actually regret not knowing, 2-3 years ago. On top of that, I'm not going to win anything back, it won't change.

We really have to be grateful no matter how much profit we make, because not everyone is lucky to be able to make a profit from Bitcoin. After all,
there's no point in regretting something that has already happened, because time will go on, it's better if we think about the future. Everyone
makes mistakes, and it can happen to anyone. The most important thing is that we can fix every mistake we make, that's the thing that will make
our lives better. I also sometimes get angry with myself, because it's too fast to sell the Bitcoin I have, because if I hold it longer, I can make
a bigger profit. But ever since I've seen a lot of people invest in Bitcoin and lose, I feel ashamed of myself for not being grateful that at least
I can still make a profit from Bitcoin.

Ultegra134

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Certainly not the first, nor the last mistake you'll do. Most of us have done it, myself included, multiple times too. However, you've tripled your investment, which isn't too bad. Holding forever, isn't a panacea though, we can't keep doing that, eventually we'll have to cash out at least some BTC. While I get your point, I find it pretty pointless.

I've converted to Fiat quite a few times, do I regret it? On the one hand, I'd prefer if I hadn't, but ultimately, I don't actually regret not knowing, 2-3 years ago. On top of that, I'm not going to win anything back, it won't change.

RILWAN

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Recent events in Kazakhstan made my actions a mistake. Although, who knows what the situation will be like in a few months.

Well, the next couple of months will change a lot of things in the Bitcoin market, well the government unrest in Kazakhstan will get settled but fear it doesn't turn into some form of war that could destroy the country economy and infrastructures judging from the ops message I think we should do more holding than selling.

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Quote from: BIN-BIN on January 08, 2022, 07:01:53 AM

Quote from: stadus on January 07, 2022, 06:55:13 PM

Quote from: ?? on ??

Quote from: Wiwo on January 02, 2022, 07:59:21 AM

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.

When you exactly to the price you buy your coin that means you are in very big mess of disadvantages and is better that you store the coin and allow Bitcoin to rise again and you make profit than selling because bitcoin is not going up as expected , while some people lose their coin and money in bitcoin investment is because of understanding and patience

BIN-BIN

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Quote from: stadus on January 07, 2022, 06:55:13 PM

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.

peter0425

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Quote from: Ararbermas on January 07, 2022, 12:20:04 PM

Quote from: Wiwo on January 02, 2022, 07:59:21 AM

Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

yhup you're right bitcoin is the most safe investment in the space and always can guarantee good return after all. So hodling such assets is worth it wherein just don't be greedy and make technical analysis very often to don't miss some of the opportunity because that's the most important thing as well especially news as it the common reason that can drive the market up and down. Be smart enough also when it comes holding to prevent regrets.

If he really believe that Bitcoin is the safest investment of all then he did not sold all his coins before , but since he decided to sell and feel bitter now then he does not believe those days that bitcoin is that safer at all.
but it is good that he woke up and find the reality now and surely he will keep holding as his experience tell him best .
and also there is no sense in selling if you are not in badly need in funds , HOLDING is the best strategy of all if we are talking about bitcoin as this has been proven for long years now that Bitcoin will still climb no matter what happen in the later years.

stadus

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

Oilacris

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

Missed chances or opportunities would really be on this way thats why we shouldnt really stress out ourselves and do really think off on having going back into the past and minding those
unfortunate situations because you cant really move on and wont really be having a clear mind on dealing with present or to future engagement with the market.

Mistakes had been done thats why its important that you would really be learning from it and wont tend to do those mistakes even though its not an assurance but at least
you are aware on various things.

No one starts on being a pro but once you are getting some experience then you woudl really be heading there.

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Quote from: Ararbermas on January 07, 2022, 12:20:04 PM

Quote from: Wiwo on January 02, 2022, 07:59:21 AM

Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

yhup you're right bitcoin is the most safe investment in the space and always can guarantee good return after all. So hodling such assets is worth it wherein just don't be greedy and make technical analysis very often to don't miss some of the opportunity because that's the most important thing as well especially news as it the common reason that can drive the market up and down. Be smart enough also when it comes holding to prevent regrets.

Well, as long as you're into bitcoin, you should not worry even if series of dumps will appear as you won't be selling at a low price. And always monitor the market of course so you can sell some of it and make profits if the price reaches a new all time high. For OP, i think what you did was a common mistake that has experienced by everyone. But what is important, you learned from it and you probably won't be doing the same mistake again.

Ararbermas

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

yhup you're right bitcoin is the most safe investment in the space and always can guarantee good return after all. So hodling such assets is worth it wherein just don't be greedy and make technical analysis very often to don't miss some of the opportunity because that's the most important thing as well especially news as it the common reason that can drive the market up and down. Be smart enough also when it comes holding to prevent regrets.

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

Mind you that you can't hodl Bitcoin forever especially when you intend to use it as an investment (and not a currency), if you invest in the Bitcoin network then you intend to make profit, so if you had actually made profit before you sold, then I'm sorry mate you didn't make any mistake, I don't like it when people regret selling their coins cause the price hiked after they sold, you must understand that the price of Bitcoin is volatile, thus it can either go up or down as the case may be, so you can sell and the price appreciates or plunges. What's most important is the kind of investor you are, long term and short term, if you're short term, then it's great to sell whenever you make profit, as for long term investors, they tend to hodl for a longer time, but whichever you are, as long as you're an Investor, the goal is to make profit, and if you did, then it is what it is, and I don't see any mistake being made.

CDC AP

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I absolutely agree with you that Bitcoin is a long-term investment and we should hold it, but not to sell as it will be much more expensive in the future. My strategy is to buy more and more bitcoin on every correction and wait 5 or 10 years and then I believe that I will lock up a huge profit from my crypto investment. Apart from Bitcoin, I also hold Ethereum, BNB and Matic.

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Quote from: AakZaki on January 07, 2022, 08:35:06 AM

Quote from: Mame89 on January 05, 2022, 02:05:28 PM

I think it's a mistake but it's not a big mistake, so there's no need to worry about it, it's a natural thing to happen, after all, you've already benefited 3 times, I think everyone involved in the crypto world has experienced mistakes, it's the same with me personally. I've experienced something similar at different times and I don't regret it.

Don't remember too much, but make a lesson to improve it. True to what you say, no trader is perfect without losses. But traders learn to avoid it and return those losses. That's not to be regretted, you just do what you can do to the maximum. Take advantage of the moments and discipline the rules you have made. Of course, all require learning and not a little time. But I'm sure one day you'll enjoy the results.

It needs more time and effort to learn out from trading and these bad experiences that we have could always be a tool in order for us to improve and to value trading. This could prove that there is no easy money in trading, it is all been a struggle when doing it. But why do we never stop despite those losses and hard times? It was because we want it and we feel that trading is for us.

I'd fine no regrets when having bad times in trading. Yes, because even how much we care about not making any mistakes, but somehow we don't have any escape. We'd rather face this sad reality in the life of trading.

ChiBitCTy

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I certainly understand selling bitcoin earlier than you would have liked to simply based off the price at the Time you sold versus some time down the road that ended up being a good bit more dollar wise but here’s the thing, we don’t know when bitcoin is going to hit a certain level and and biticoin is meant to be used, it’s a currency!

BIN-BIN

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Quote from: bitzizzix on January 07, 2022, 07:00:57 AM

I don't think what the OP did was a mistake, because you are selling in a profitable position, maybe there is only regret because after you made a sale and you thought it was the highest price and it turned out the price was even higher.
and events like that are commonplace, because everyone must have experienced it, myself included, and it will be an experience and must be realized bitcoin is not easy to predict and long term is the best.

The ops should consider changing the title of this thread to reflect the try condition of the message because what the ops did was not a mistake but just cashed out when the market is still at its early stage of price bull run.
I will suggest you learn how to be more patient next time or try to set a selling date or amount to your investment 3

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Quote from: Mame89 on January 05, 2022, 02:05:28 PM

I think it's a mistake but it's not a big mistake, so there's no need to worry about it, it's a natural thing to happen, after all, you've already benefited 3 times, I think everyone involved in the crypto world has experienced mistakes, it's the same with me personally. I've experienced something similar at different times and I don't regret it.

Don't remember too much, but make a lesson to improve it. True to what you say, no trader is perfect without losses. But traders learn to avoid it and return those losses. That's not to be regretted, you just do what you can do to the maximum. Take advantage of the moments and discipline the rules you have made. Of course, all require learning and not a little time. But I'm sure one day you'll enjoy the results.

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I don't think what the OP did was a mistake, because you are selling in a profitable position, maybe there is only regret because after you made a sale and you thought it was the highest price and it turned out the price was even higher.
and events like that are commonplace, because everyone must have experienced it, myself included, and it will be an experience and must be realized bitcoin is not easy to predict and long term is the best.

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Quote from: Chato1977 on January 07, 2022, 06:31:50 AM

Quote from: Wiwo on January 02, 2022, 07:59:21 AM

snipped~

actually you done perfect because no one knows what will happen next, we buy crypto now and we expect a pump but in the next day it will dump then you will cry for losses .

So never feel bitter when you decide like that because it will happen in the next time.

Be thankful because you earn and just do something good in the next chance .

They can possibly be better next but that only happens when they also learn their mistakes and take action to prevent them from happening again. As long as they carry with negative hopes and no changes taken, I'd never going to expect that this will able solve their problem but it can make it worse and still in losses.

I actually can't remember my mistake but for sure there is, however, I don't make it a big deal coz it is obvious that we can make such a thing as we are not perfect.

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Quote from: Wiwo on January 02, 2022, 07:59:21 AM

Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

actually you done perfect because no one knows what will happen next, we buy crypto now and we expect a pump but in the next day it will dump then you will cry for losses .

So never feel bitter when you decide like that because it will happen in the next time.

Be thankful because you earn and just do something good in the next chance .

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Quote from: Rockstarguy on January 06, 2022, 03:28:21 AM

Had it been you still HoDL till when the price got got High you would have more than enough, but it is not your fault you sold out . You never knew the price will go that high , had it been you knew you wouldn't have sold had so fast. The moral lessons from this is that bitcoin unpredictable in price , the market can change for good. Another lesson to be learnt is we should not be too fast to sell , Hodling is more profitable.

Not generalizing, but there are investors who choose to sell when they see the good numbers of fold from their initial investment,

It's not new to anyone here. We do all have that same mistake regretful decision but instead of dwelling we choose to move forward

and try to seek for other opportunities and hope that it won't happen again.

learn to appreciate and never to stop aiming for much better benefits. There's always an open door for people who really seek

for more.. Wink

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