Topic: Oh that feeling... when the price goes crazy...after you sold! (Read 892 times)
Well, definitely it is your practical turn to decide for yourself, I think after you sold as well as no third party, you can enjoy it even earlier and besides, surely you still seeing what you have achieved. Additionally, there is nothing wrong with selling as long as it is used in a prudent manner especially in business planning for the next target, we must be able to accept when the price goes crazy, In fact, it is really normal.
Its natural, I remember when I trade in stock whenever I sold a stock after long holding the price starts moving up. In case of bitcoin just set your goal price and sell when you are at that price. Just be happy with profit you have, dont be greedy.
Yes i know that it might be really upsetting when you decided to sell but then the price really went up. But, well, it happened already, no need to regret it anymore, nothing can be done again. If you really feel disappointed, maybe try to hold your coin for longer next time. But still, the price will fluctuates no matter what, the price will increase, or decrease a lot. You must feel satisfied with a certain amount, and not expecting it to be higher and higher without wanting to sell it. As long as you don't experience loss, it's good enough I think.
I feel the same way, but I wouldn't do that thing if I don't need cash that time, when the price of the bitcoin goes $25000, I sold 0.001 BTC because of a personal reason and I regret it when the price keeps on increasing. I know that a lot of hodlers did the same thing when bitcoin reaches the new ATH, no one knows that it could reach fo about $60000 and keeps on being strong. Salute on bitcoin.
When my goal is achieved i never regret even though the price skyrocketing after i sell.
No need to upset about that, you still getting your profit and not loss.
Just be gratefull my friend, no one knows the future so dont need to regret about your decision. Cheers!
No need to upset about that, you still getting your profit and not loss.
Just be gratefull my friend, no one knows the future so dont need to regret about your decision. Cheers!
I am pretty sure that there are so many stories like you have here in the forum, and also just like me we also have the same story after I have sell my holdings when the price breaks the ath of around $23,000 I've already sold my holdings and now I am regretting it because I've sold my holdings very early although I don't know that it will double the price after some weeks, however I am still pretty bless that the holdings that I am sold has brought me new things to be done, just like I've already buy some luxury perfumes and etc.
When working with cryptocurrency, it is simply impossible to carry out buying and selling actions that would fully correspond to our desire to sell at a higher price and buy at a lower price. Lost profits and even direct losses will always be there. It just needs to be taken as a necessary and recurring cost of cryptocurrency.Of course, we all have emotions and therefore we will never get used to it. Therefore, we will always feel regret and this is absolutely normal.
January 13, 2021, 08:54:05 AM
I am pretty sure that there are so many stories like you have here in the forum, and also just like me we also have the same story after I have sell my holdings when the price breaks the ath of around $23,000 I've already sold my holdings and now I am regretting it because I've sold my holdings very early although I don't know that it will double the price after some weeks, however I am still pretty bless that the holdings that I am sold has brought me new things to be done, just like I've already buy some luxury perfumes and etc.
January 13, 2021, 08:37:22 AM
No one predicted that btc will go far like this Brother 😉 and this is all about institutional investor strategy .. They pump it and as well dump it slowly.. I am not thinking again about my btc lose because it has gone already 😉. Now its time to look on eth as well another altcoin movement because its look like ath gonna create new ath.
January 12, 2021, 10:07:34 PM
This situation i'm also face many times.Even that types of experience also happened with my altcoin.When i think price will up then price goes down.So, this is not a big matter for a crypto traders.
January 12, 2021, 09:40:48 PM
The felling is more crazy if the price keep up and you dont have any to sell ouchhhh just like me hahahhah watch and smiley
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January 12, 2021, 07:08:38 PM
I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks.
Bitcoin market is unpredictable but I am talking about the seeking bank loan as an alternative instead of selling ones Bitcoin holding in this rally market in other not to miss the opportunity the market will bring and I am not referring to getting the loan in other to invest in cryptolegendary
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January 11, 2021, 04:15:58 PM
I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks.
Bitcoin market is unpredictable but I am talking about the seeking bank loan as an alternative instead of selling ones Bitcoin holding in this rally market in other not to miss the opportunity the market will bring and I am not referring to getting the loan in other to invest in cryptoIt is true that when you will invest in the crypto market with a bank loan, you always have to be under a mental stress, because they will take interest money from you. However, interest free loans can be taken to invest in the crypto market. If you get interest free money from someone in your family or relatives who has surplus money, you can invest it, even you can share the profit by discussing with them.
January 11, 2021, 03:51:58 PM
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
Most of the time then you will be asking out for some price decline or crash in the market for you to get in or buy those cheap coins.
Sell regret is common into this market on where people do really regret when they sell off early on where they do thought that they had able to earn double
if they held back a little more.Well, mistakes like these are inevitable because we don't know on what would happen next.If we do saw
that we are making some profits in 18k price then its just a normal reaction for us to think that this might be the right time
to exit and secure profits and since market is unpredictable then these kind of circumstances are quite common.
January 11, 2021, 03:41:48 PM
..so I sold some.
you still have a btc with you because you only sold some and you didnt sold all so why regret ? and instead of complaining why not sell again at the latest high ?
but since you know the pattern that price can work like a ladder increasing after some time you dont need to sold all your coins just so that you can feel what its like to sell at the highest ath or you can erase those bad memories and start again buying and hodling strong till you are commited to hodl up to the point where you really want to sell your coins .
January 11, 2021, 03:27:19 PM
For those who feels crazy when after sale price goes up, I suggest to devide balance into several wallets and in case you urgently want sell - sell the balance only from one wallet. You will either lose only part, or missed an opportunity to earn only with a part of your balance. Or try to get used to such ups and downs. It is better to keep head fresh than to worry about every early sale.
January 11, 2021, 02:54:19 PM
Just want to share a little experience with you guys....and I think most of you have gone through that too over the years.
A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
Now.. I know most of you guys will say that you will never sell at these prices, because you are waiting for the Moon... but I needed a bit of a push and some extra cash would have made life so much easier (and it did) ...so I sold some.
Well... within little more than a week or two.... the price skyrocketed to almost $39500 (doubled) and I now get that "Sell" regret that most of us have had in the past. (If I held on longer, I would have received double the amount in cash)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
Since you said you needed some extra cash that's why you sold your coins then that is okay and we all did that way maybe because of the basic needs or allowance for the pandemic as we are all affected. This happens to almost all of us and that is the reality. You are lucky enough to sell that high and not cutting loss. In my case I am always at loss because I don't have Bitcoin on my wallet whether the price is low or hight it does not matter to me because I have nothing to sell and nothing to buy you know what I mean. You can only hodl and earn a lot if you have extra money for daily needs since you don't need to sell your coins that is the perks of having extra money or being wealthy. A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
Now.. I know most of you guys will say that you will never sell at these prices, because you are waiting for the Moon... but I needed a bit of a push and some extra cash would have made life so much easier (and it did) ...so I sold some.
Well... within little more than a week or two.... the price skyrocketed to almost $39500 (doubled) and I now get that "Sell" regret that most of us have had in the past. (If I held on longer, I would have received double the amount in cash)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
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January 11, 2021, 02:49:03 PM
I was in his position last year though I sold on December due to emergency purpose and because I don't expect the January market to be this outrageous bullish and like you said this will be a good lesson for everyone cause I should have asked my bank for a loan which I would have payback by now whilst I still save some rather than selling my BTC instead selling
I wouldn't recommend taking a loan from the bank that's just too risky and if you are a trader you should know how to minimize your losses and not taking the dangerous path in which you almost done but thankfully you didn't. The Bitcoin market is very unpredictable and we never know if we'll see another ATH next month that's why don't ever risk loaning in the banks. January 11, 2021, 01:02:15 PM
Here's a very similar topic just posted yesterday. 
Topic: How do you deal with 'Selling early' regrets?
Anyway, you said you sold because you needed the extra push, and you did achieve that. I really don't see the problem in your case assuming you actually still have a good amount of bitcoin left; also taking into consideration that timing a buy or sell position is almost impossible anyway so there's almost nothing you could've done to predict this price increase. I mean, what if it ended up going the other way instead?
Also, there's a reason why I personally almost never sell a substantial amount of bitcoin without any reason. (e.g. I need to pay $1k to my dentist, so I only cash out $1k worth of BTC. No more, no less).
Topic: How do you deal with 'Selling early' regrets?Anyway, you said you sold because you needed the extra push, and you did achieve that. I really don't see the problem in your case assuming you actually still have a good amount of bitcoin left; also taking into consideration that timing a buy or sell position is almost impossible anyway so there's almost nothing you could've done to predict this price increase. I mean, what if it ended up going the other way instead?
Also, there's a reason why I personally almost never sell a substantial amount of bitcoin without any reason. (e.g. I need to pay $1k to my dentist, so I only cash out $1k worth of BTC. No more, no less).
I bloody sold when it was down at $4=$12k but I needed the fiat and crypto is my only source of fiat.
I always try to remind myself that it could have gone the other way but I can't help but feel the odds were far in bitcoins favour and I still believe it is. In hindsight, it is easy to judge. So you had a car crash? Why didn't you swerve around the person left and not right? When you flip a coin? Why did you not pick heads instead of tails? It is easy to look at the chart and say "Well I should have bought here and sold there" but you are looking back with godlike insight.
I agree with you, it is a good idea to sell every now and again and enjoy the benefits.
January 11, 2021, 08:38:27 AM
Just want to share a little experience with you guys....and I think most of you have gone through that too over the years.
A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
A week or two ago I saw the price going over the previous ATH of about $18 000 and I decided to sell a coin or two.. (never even thinking that the price would jump like this)
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
Dealing with it instantaneously would not be easy to do since you might feel disheartened at that moment and its up to you if you want to instantly buy some bitcoins at a high price, however buying on the dip is actually better because we really believe that Bitcoin will have another skyrocketing moment in the future.
January 11, 2021, 06:43:02 AM
The past is the past. Regret only makes things worse. I know that you can't escape from this feeling but remember: you can not change the past. Being regretful consumes you a lot of time. I only have a few tips that I use to overcome this feeling. First, try to make yourself as much comfortable as you can by creating new hobbies, learning new things, reading books or even working to fill your free time. The more free time you have, the more you think of the past. Second, talking to others is also a way to ease the pain. And you are doing it correctly. But not just on the internet, I bet you have some of your friends who can hear your thoughts in a real-world without judging you. Being listened to is a way to make us feel more positive as well as pleasing.
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