My Bitcoin mistake In 2020-2021 - page 3.

sarmrakib

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Quote from: Wiwo on January 02, 2022, 08:59:21 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.

Its really good to feel to sell our asset on profit .You were saying that you have bought it around 10500 and sell it on around 47k$ i think its a huge amount of return which you got .However i think you were really right on your exit cause it can go on the sky but we have to select an exit point where you can exit with a good profit and you did it .There is no surety that it can go more high ,it can dump as well so there is nothing to become upset .Make your next plan where you wanna enter and hold it until you make any profit .I also sold my asset on around 60k$ and i am not upset i am making new plan where i can enter .So i think there was nothing mistake at all .

Lanatsa

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Quote from: Taskford on January 04, 2022, 07:40:00 PM

Quote from: Fatunad on January 04, 2022, 05:09:40 PM

Quote from: AmoreJaz on January 04, 2022, 04:50:54 PM

Quote from: isaac_clarke22 on January 04, 2022, 04:29:26 PM

Quote from: TheNineClub on January 04, 2022, 04:14:15 PM

~

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

you can't go back in time and regret. so what you can do here is move on and if you strongly believe that the coin like btc will have good future, you can always invest anytime. just like what the OP did. though he didn't know that btc will increase in the future, he kept on holding up until he saw his investments more than tripled from his original amount and sold it. as we have no clue what's coming, it is your instincts that will guide you on what to do with your holdings. don't look back and regret, it won't do any good in your future plans. act now and keep up with the market.

Move on and learn on those mistakes that you had committed and making yourself way more better than before because if you do keep on looking back on your mistakes it would really be just
disturbing out your emotions which would really affect you overall specially on your mindset. Dont ever look back and stress out yourself with those mistakes but instead you should
really mind off on how to avoid those things again for it not to happen and since you are aware then this year 2022 isnt something would be the same on what happened on last year.
Tend to enhance yourself in terms of experience and awareness.

This is the most easiest thing we do towards this since if we still keep looking at the lose we occur we will be haunted by our mistakes and might we will do the same again since we are greedy to recover it back again. But since new year already happened we should start a good mindset and do fresh start also learn from what bad and good experience we encounter from the past.

Also, if you don't make yourself realized on things then you would be always be haunted by the past which would really stop you on making further actions which its a must thing to be done for you to have

a better investment returns or results in this year.Mistakes are inevitable or couldn't really be get rid off because there's no such thing about being a perfect trader or investor.

Thing here is that you do make money despite of those losses and able to make profits whatever situations you would facing on.

Taskford

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Quote from: Fatunad on January 04, 2022, 05:09:40 PM

Quote from: AmoreJaz on January 04, 2022, 04:50:54 PM

Quote from: isaac_clarke22 on January 04, 2022, 04:29:26 PM

Quote from: TheNineClub on January 04, 2022, 04:14:15 PM

~

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

you can't go back in time and regret. so what you can do here is move on and if you strongly believe that the coin like btc will have good future, you can always invest anytime. just like what the OP did. though he didn't know that btc will increase in the future, he kept on holding up until he saw his investments more than tripled from his original amount and sold it. as we have no clue what's coming, it is your instincts that will guide you on what to do with your holdings. don't look back and regret, it won't do any good in your future plans. act now and keep up with the market.

Move on and learn on those mistakes that you had committed and making yourself way more better than before because if you do keep on looking back on your mistakes it would really be just
disturbing out your emotions which would really affect you overall specially on your mindset. Dont ever look back and stress out yourself with those mistakes but instead you should
really mind off on how to avoid those things again for it not to happen and since you are aware then this year 2022 isnt something would be the same on what happened on last year.
Tend to enhance yourself in terms of experience and awareness.

This is the most easiest thing we do towards this since if we still keep looking at the lose we occur we will be haunted by our mistakes and might we will do the same again since we are greedy to recover it back again. But since new year already happened we should start a good mindset and do fresh start also learn from what bad and good experience we encounter from the past.

Fatunad

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Quote from: AmoreJaz on January 04, 2022, 04:50:54 PM

Quote from: isaac_clarke22 on January 04, 2022, 04:29:26 PM

Quote from: TheNineClub on January 04, 2022, 04:14:15 PM

~

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

you can't go back in time and regret. so what you can do here is move on and if you strongly believe that the coin like btc will have good future, you can always invest anytime. just like what the OP did. though he didn't know that btc will increase in the future, he kept on holding up until he saw his investments more than tripled from his original amount and sold it. as we have no clue what's coming, it is your instincts that will guide you on what to do with your holdings. don't look back and regret, it won't do any good in your future plans. act now and keep up with the market.

Move on and learn on those mistakes that you had committed and making yourself way more better than before because if you do keep on looking back on your mistakes it would really be just
disturbing out your emotions which would really affect you overall specially on your mindset. Dont ever look back and stress out yourself with those mistakes but instead you should
really mind off on how to avoid those things again for it not to happen and since you are aware then this year 2022 isnt something would be the same on what happened on last year.
Tend to enhance yourself in terms of experience and awareness.

Alanaz

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is it a mistake? I feel you are too focused on higher things to forget about your gains.
that's a good thing I guess and that's not a mistake.
you just have to make the momentum again and now it looks like the momentum is good and you must be able to take advantage of this momentum so that you don't regret it like now.

AmoreJaz

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Quote from: isaac_clarke22 on January 04, 2022, 04:29:26 PM

Quote from: TheNineClub on January 04, 2022, 04:14:15 PM

~

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

you can't go back in time and regret. so what you can do here is move on and if you strongly believe that the coin like btc will have good future, you can always invest anytime. just like what the OP did. though he didn't know that btc will increase in the future, he kept on holding up until he saw his investments more than tripled from his original amount and sold it. as we have no clue what's coming, it is your instincts that will guide you on what to do with your holdings. don't look back and regret, it won't do any good in your future plans. act now and keep up with the market.

isaac_clarke22

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Quote from: TheNineClub on January 04, 2022, 04:14:15 PM

~

No point of regretting not being able to invest in BTC back in that price. I could have invested also, but I don't think there are any more reasons to still think about that you missed out the lower ATHs of Bitcoin. Bitcoin would be declared as dead many times again in the Obituaries, and that's another cue for anyone to buy at the lowest.
It is just also matter of how ones daily schedule work. I quitted day trading just to hodl it all in Bitcoin.

Wawa2013

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Quote from: Obito on January 04, 2022, 10:34:10 AM

No man, you're doing great. You may feel bad about it but I don't think that it's not really the case, you saw that it's a good time to take a profit and you tripled your investment already so I don't see how it's a bad thing, it's not like you know that bitcoin's going to go up at 67k. Remember that profit is still a profit no matter what.

I also think that as long as we can still make a profit it's a good thing, so don't be too sorry to sell Bitcoin too soon. Because there are still many people
who sell their Bitcoins at a loss, so we should be grateful if we managed to make a profit from Bitcoin. Although I know how the OP felt for selling Bitcoin
too fast, because I believe almost everyone has had that experience. Indeed we all have to learn to be more patient holding Bitcoin, because after
Bitcoin experienced a very significant increase in 2021 it could be a lesson for all of us, if we want to make big profits from Bitcoin, don't be in a hurry
to sell the Bitcoins that we have. Or at least if we want to take profit, don't sell all the Bitcoins we have, we have to hold some of the Bitcoins we have,
in anticipation of the Bitcoin price rising even higher.

TheNineClub

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That's not a mistake, that's just not being able to predict the ups and downs of the market. To that extend, you made a mistake long ago by not investing in BTC when the price was 100$. So I wouldn't worry about that. There is no definitive strategy for BTC investments, some make it work with a short period of trading, some like to hodl, but however you spin it, the most important thing is that you got onto crypto. Just think of the poor souls that have yet to get into it.

pushups44

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Quote from: Wiwo on January 02, 2022, 08:59:21 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.

As digital gold, bitcoin is a long-term investment. I believe over 90 percent of traders will lose in this market just as in any other market. I think if someone is going to trade, they should do so with only a portion of their liquid assets. This way, they can determine if trading is more profitable than simply buying and holding (unlikely), while still keeping some of their long-term holdings.

Raflesia

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_""""Duelbits""""_

First of all I just want to say when indeed it is an advantage it means it is not a fault.
But indeed you are just lacking in observation and in fact even if it is sold there you have actually made several times more profit.
maybe what you think is a mistake is how you are still in a hurry to go all-in in the sale and not try to hold on any longer.
Well I feel you are still benefiting and congratulations on your achievement

AakZaki

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If you look at the mistakes in 2022 - 2021, of course, I will experience many mistakes. but even so, of course there will be solutions that can be done. Mistakes will be lessons.
The fatal mistake I've ever made is holding back altcoins that have actually entered the sell area for too long, but I let them become assets that can't be sold anymore.
With that mistake, I began to learn to take advantage of the moment well, the most important thing is to gain profits and minimize losses that could occur.
In the new year of 2022, of course I have targets that I must achieve and avoid the same mistakes.

Rigon

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This is a big mistake for us. In 2020, when the price of Bitcoin was very low, when the price of Bitcoin was very low, if we had bought Bitcoin, we would have made a lot of profit today.But by 2021, the bitcoin market has plummeted. After that we just had to look at the bitcoin market but we couldn't use it. Even then, maybe the Bitcoin market will go where But that is not to say. So since we've made a mistake, we still have time to buy Bitcoin.

Obito

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No man, you're doing great. You may feel bad about it but I don't think that it's not really the case, you saw that it's a good time to take a profit and you tripled your investment already so I don't see how it's a bad thing, it's not like you know that bitcoin's going to go up at 67k. Remember that profit is still a profit no matter what.

Wiwo

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Quote from: ethereumhunter on January 04, 2022, 07:43:36 AM

We need to be wise and learn from our mistakes to grow or improve ourselves so we do not have to make the same mistake in the future. Our experience teaches us how to prevent mistakes and solve problems without making another mistake. We need to deal with our mistakes so we know what we have already done. If you can make a profit by selling the coin but the price still increases, you do not have to regret it because I am sure you can get another chance to buy back at a low price and sell it at a high price. You need more time to make a big profit and I believe that you deserve to make a big profit.

Thanks for your comment and encouragement, we have indeed learned from our past mistakes, the essence of mistakes is to make us better and improve on the way we did it previously, and in doing that we realize our real self.
This new year is going to be great for many investors who may have experienced the same path with me in their past investments and the Bitcoin holding pattern is now a steel hand Bitcoin holder.

ethereumhunter

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We need to be wise and learn from our mistakes to grow or improve ourselves so we do not have to make the same mistake in the future. Our experience teaches us how to prevent mistakes and solve problem without making another mistake. We need to deal with our mistakes so we know what we have already done. If you can make a profit by selling the coin but the price still increases, you do not have to regret it because I am sure you can get another chance to buy back at a low price and sell it at a high price. You need more time to make a big profit and I believe that you deserve to make a big profit.

yhiaali3

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#SWGT CERTIK Audited

Thanks for sharing this, Bitcoin is the only asset that you can keep in the wallet and close your eyes, you are here with a completely safe investment and your investment increases with time, you will never lose because the value of Bitcoin is always increasing, it is true that there are a lot of corrections and the price of Bitcoin drops to Low numbers, but this does not matter, because with a long investment, you will inevitably come out with a profit in the end.
All those who walked with Bitcoin at the beginning of its journey and did not buy Bitcoin at that time at those low prices lived this experience. I mean that every year we say I wish I had bought Bitcoin the previous year, so I advise everyone to buy now and hold because they will regret the coming years.

isaac_clarke22

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Quote from: The Cryptovator on January 03, 2022, 11:12:44 AM

~

Quite relatable to that back in 2017. I hold some shitcoins along with BTC and ETH. Good thing that the dump wasn't over yet before I sold, and it was a lesson for me that day to never hold shitcoins ever no matter how I think about the project's future. "Pump and dump" groups don't give a shit about the project's future if their only purpose is to pump and shill a coin multiple times before screwing over investors.

aysg76

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Quote from: Poker Player on January 02, 2022, 11:35:10 AM

But let's assume that what the OP says is true. What I would say to him and anyone else in his situation, is that before he invests a single penny again, that he should be clear about why he wants to invest, for how long and above all I would remind him to do it with money he doesn't need.

We should have the clarifications prior investing because it's risky market and making worse decision could end up us with zero balance.In other words some key factors which should be taken into consideration before investing are :

1) Always invest what you afford to loose

2) Short term holding or long term investment or trading in the market if you have those skills.

3) The strategy of investment including the amount

You should be clear in all things but we all learn from some lessons which are costly for some and others learn fast before losing any relevant amount but this whole thing is common among many but it can be avoided if we are careful in the market.

Quote from: Poker Player on January 02, 2022, 11:35:10 AM

That way the OP instead of thinking about selling what he would have thought is to buy more, and would not have opened this thread and would have opened another one telling us how wonderful is the DCA Bitcoin.

I have personally DCA investor for approximately 6 months now and going on with the same and have opened a similar thread myself on the forum to tell and motivate some members through it

My Past six months bitcoin journey

It's best to learn from your mistakes instead of going on with the same regret all your life as it's not going to com back and we miss the future opportunities in the momentum of it.I have also suffered losses in my crypto career but now see i am happily investing in Bitcoin and will get future returns.

yazher

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You own the pen

This method is great especially when you know what you are doing because in altcoins, they are also some coins that have been successful after a few years. I am holding some NFT coins right now which I think will make some good money after a few years and I don't plan to watch it in the market all over again except once every 6 months or so. If you won't take some risk, you will never get out of your current miserable situation but don't rush it, good things sometimes come last just like fully ripe fruits. Some altcoins show to increase their price up to x100 - X1000 or more depending on the dedication of them and when the current trend is demanding their service.

Topic: My Bitcoin mistake In 2020-2021 - page 3. (Read 691 times)