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Topic: Oh that feeling... when the price goes crazy...after you sold! - page 2. (Read 892 times)

member
Activity: 145
Merit: 25
Now might be a good time to buy some back in if you were regretting cashing out too early?
member
Activity: 308
Merit: 15
You are good already mate because see now market having bitcoin market falls down so fast. I was.hoping tha it could still bounce back and get into 50K$ per btc in the following weeks. Well, bitcoin market is being dictated by the bitcoiners and whales has the great role of it whether to hold or sell their holdings that can greatly affected bitcoin market price movement.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   

It is even worst when you decide to sell and while you are waiting for the "sweep" of the coins to confirm and for the coins to be transferred to the Exchange and suddenly the price goes down by almost 15%

You get that sinking feeling that says... "You idiot..you waited too long" and then you rush the transactions and do not check the fees and pay $1000 for miners fees.  Angry

The price is going down again now, so more people will be experiencing this feeling soon.... Oh why did I not sell sooner.  Tongue
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
It feels like the market was playing you and it really is irritating or annoying.
I experience it countless times already that is when I decided to just hold my crypto and only sell when I need the money.
But it is also annoying when you miss the chance to sell at the high price or before the price goes down.
sr. member
Activity: 1036
Merit: 294
But I don't regret selling Bitcoin for $ 30,000. Because I have already gotten a sizeable profit.
I actually did the same. It's somehow making me resent but you know what I realized just now? I think it's also regretful if you didn't sell when the price was at it's peak. Makes me wish to turn back the time. But, what else can we do? Things like these really happen and I think that's also normal to feel regret. Let's not just dwell on it. Let's be patient once more and be open to the opportunities that come with the crash.
hero member
Activity: 2128
Merit: 532
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Well.. I don't know whether it will go down to $14,000 per coin, but looking at the history of Bitcoin prices, I would say that it is not impossible. Back in 2017, after we reached the ATH of $20,000 per coin, the prices crashed to around $3,000 in less than 12 months. The same happened in 2013 as well, after the peak valuation of $1261 was attained. Within one and half years, the prices went down to $200 per coin. In both occasions, the prices plunged by around 85% from the peak pricing. A repetition of the same would mean Bitcoin going down to $6,000 per coin.

The crash might be even larger, that's when it's goooood to enter. *evil laugh*
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   

Well.. I don't know whether it will go down to $14,000 per coin, but looking at the history of Bitcoin prices, I would say that it is not impossible. Back in 2017, after we reached the ATH of $20,000 per coin, the prices crashed to around $3,000 in less than 12 months. The same happened in 2013 as well, after the peak valuation of $1261 was attained. Within one and half years, the prices went down to $200 per coin. In both occasions, the prices plunged by around 85% from the peak pricing. A repetition of the same would mean Bitcoin going down to $6,000 per coin.
jr. member
Activity: 126
Merit: 7
I'm experiencing a similar feeling today watching the price go crazy DOWN .. I sold for cash on Friday ,and gained 400% profit .  Oh what a feeling !
I'm looking forward to buying back in when ever it bottoms out .
I think probably around $14,000 . Yipee Kiyii .   
newbie
Activity: 26
Merit: 1
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?)


I understand that today is not my day. Then I just take food, make myself tea and turn on some movie or TV series and try not to think about it. That's how I'm dealing with it Grin You should try Grin
hero member
Activity: 2870
Merit: 594
I guess everyone has experience this in this bitcoin journey.

I myself, almost see this, once I sold the price really took off, and I just shrug it off. That's why it's really better to be a holder in this bull market that we are witnessing so far. Just sell when you really need the money. And with the current pullback, better to stack sats now, just saying.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
I had a similar experience like the OP when I sold at $27K then I needed some urgent cash to settle a debt, just within a range of two to three days the price went to moon invariably losing some reasonable amount of profits however that is the risk involved with cryptos perhaps if
I decided to hodl and the price dumped I will also regret not selling earlier thus not meeting my target, all this kind of situations will persist in cryptoshpere nothing can be done to salvage it.
sr. member
Activity: 1876
Merit: 318
I was lucky enough to refrain from taking profits when the Bitcoin price went up to $ 18,000. After that Bitcoin finally reached a price above
$ 20,000. Which is the moment that makes me confused about whether to take profit or not. Finally, the price of Bitcoin keeps going up and up,
and I finally can't help myself anymore. Then sell Bitcoin at a price of $ 30,000. What turns out that Bitcoin is still continuing its price increase
reaching $ 40,000. But I don't regret selling Bitcoin for $ 30,000. Because I have already gotten a sizeable profit. And I hope Bitcoin can be
corrected by going down to a price of $ 20,000 again, so I can buy Bitcoin again.
full member
Activity: 686
Merit: 125
Bitcoin now started to fall down and that is the bad news. The good news is that we can start again collecting btc little by little through bounty and hold it always for the next bull run. I have learn my lesson yes as the title of the OP exactly what I felt now maybe a  little bit more intense because I bought high and sell low. This is now my problem seeing bitcoin market on bull run. Well, it is time to move on.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Regret is the ever occuring phenomenon in BTC world. It may sound cliche, but this attitude works for me everytime: I grieve, I extract a lesson (or accept what's irreversible), I move on. Easier said than done though. If you still have BTC, I wouldn't dwell on this too much anyway.

If you will regret every time you sell your btc, then, that's really not good. Getting crazy on what should have done. For me, I learned my lesson, once I sold, I don't go back to that time that I sold it. I just moved on and look for other opportunities. It will just give you headache if you will revisit your trading activities.
jr. member
Activity: 45
Merit: 1
Regret is the ever occuring phenomenon in BTC world. It may sound cliche, but this attitude works for me everytime: I grieve, I extract a lesson (or accept what's irreversible), I move on. Easier said than done though. If you still have BTC, I wouldn't dwell on this too much anyway.
hero member
Activity: 2660
Merit: 651
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It would be extraordinary if we have bitcoin today at a very extraordinary price. And people who previously owned bitcoin are so lucky they are with such a high price increase.
Although, OP is not the only one that sold early but I don't consider the current Bitcoin holder lucky because they risk their investment when they decided not to sell. However, I don't think the OP has a reason to feel sad for selling at $18K since he doesn't sell at a lost price since the market is volatile and I believe the best thing the OP ought to do now is to learn from his mistake
Nah, you are in his position I think you would understand because he just need an extra cash and a little bit of push. And $18k is not that small although he didn't expect it to grow faster and we all have been there too once in our lifetime. I hope this will be a good lesson for everyone but in case of emergency you really have to do what you can do and including that is to sell with what price you see fit.
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
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
This always happen to me. Whenever I think of selling BTC, the price starts to go down, but the most strange thing is that the price goes up instantly with sales. When this happens, it makes me very angry & I just wonder why does this always happens to me, not to others!
sr. member
Activity: 1050
Merit: 286
The feeling of this situation is really painful when you have been holding bitcoin for a long time and after selling for a small profit, the market rises rapidly and reaches a high price. I had some deposited bitcoins which I sold at $13k then the market quickly went up to $40k. And I'm thinking right now that if I hadn't sold my deposited bitcoins at that time, I could have made a lot more profit. While it is frustrating to see the market rise after the sale, it is a part of the trade and not to despair, we need to focus on the next step.
It is indeed true, that is the time you realized that you shouldn't sell it that time, but regrets are normal when you have experienced that. The only thing you can do now is to learn from it, you cannot predict the price that is why you don't know when is the perfect time to sell. It is either you will win or you gain regrets on your own decision. You should move on and continue on what you are doing, as long as you are taking profit that is good for now, just don't be greedy next time so that you will not lose your money.
full member
Activity: 700
Merit: 100
Nothing to regret if you sold it because you were faced with important/urgent things, even Andreas M. Antonopoulos did same things many years ago, but he still active on cryptocurrency space.

I agree. I have sold my coin due to urgent needs caused by pandemic. In fact I consider myself lucky that time because I have my coin as back up. At first I feel regretful that I did not hold it, but then I realize I should be thankful because I survived the crisis through my coins.
hero member
Activity: 2086
Merit: 603
Haha, not just bad feeling but my world moves upside down when this happens in the first place. I guess this is what we define as time period just before fomo and after fomo if you don’t react timely. But I had this experience many times now and it’s now time to show some stubborn skills and try to buy as much as I could no matter what the price is. If you do this then you could settle up for best profits ever and that’s too without any more stress on your mind while making this trade.   Tongue
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