Topic: Oh that feeling... when the price goes crazy...after you sold! - page 3. (Read 892 times)
January 10, 2021, 02:12:06 PM
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.
January 10, 2021, 01:51:18 PM
You have nothing to do with it but to regret and learn from it because after you sold your bitcoins then it is too late for you to reflect.
There are a lot of investors who are confident enough to sell in a certain price like $30k mark but they ended up regretting their decisions. But we need to just keep moving on if we did that because you have nothing to do but to accept the fact that you rushed things in bitcoin industry.
Don't rush things and take time predict when will its price go down so always be patient and observe the market.
There are a lot of investors who are confident enough to sell in a certain price like $30k mark but they ended up regretting their decisions. But we need to just keep moving on if we did that because you have nothing to do but to accept the fact that you rushed things in bitcoin industry.
Don't rush things and take time predict when will its price go down so always be patient and observe the market.
January 10, 2021, 01:37:13 PM
If I were you I wouldn't feel bad selling some BTC with most of your coins still left, as I understand your situation is. It's also good time to look into buying BTC again with price correction starting right now. So it's not all lost IMO. Most of us had situations like this at one point or another. Chin up OP!
January 10, 2021, 01:20:51 PM
So... How do you guys deal with that? (Water under the bridge or buy back in on the dip again?)
I just let it go. Way back in 2016 I sold a dozen BTC at the price of 2k and after 4 months the price goes up to 20k. I never had any regret because at that time I needed the money badly to renovate our home and pay for my family debt. I settled all the debt and be able to fix the house with those funds. Let us be happy with the help those funds gave us, regretting will only cause disappointment and depression and it beats the purpose why we sell those BTC in the first place.
January 10, 2021, 12:21:23 PM
The reason why we plan for long-term is only because if we require that in future for an emergency, sometimes we have to overcome and react according to the situation.
And yes even I have experienced that I mean after selling and price will gradually grow in rapid speed and that's really frustrates like I did a big mistake, after sometime I use to satisfy myself that whatever happened only for good cause and I was not greedy too because I sold it only for the purpose.
And yes even I have experienced that I mean after selling and price will gradually grow in rapid speed and that's really frustrates like I did a big mistake, after sometime I use to satisfy myself that whatever happened only for good cause and I was not greedy too because I sold it only for the purpose.
January 10, 2021, 12:11:30 PM
If it's just an altcoin I wouldn't really regret it but if it's BTC, it's going to be another reason to feel bad. I also tried to sell my WAVES as it dropped close to $5 recently and now it's bouncing again. I sold and suddenly the price went up. It feels like the market just waited for me to just fill the orders of those who are buying at such a low price.
The regrets will double if its BTC that I sold but if I were OP I will buy back again the BTC when it dips. No prayers will help earn the money back unless we invest again.
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January 10, 2021, 11:12:31 AM
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.
January 10, 2021, 10:57:54 AM
Dealing with it will never be easy, even if this happens to you for multiple times. But if you think about it, the only choice you have now is to move forward and continue moving forward.
I am not a speech presenter or any kind of motivational speaker, but as for me, I am just always reminding myself about the futures to come, and the decisions I made are made for a reason. Reasons that I know in that current time I made are the best thing I can ever do.
Just as like what Lewis Robinson always says. "KEEP MOVING FORWARD"
I am not a speech presenter or any kind of motivational speaker, but as for me, I am just always reminding myself about the futures to come, and the decisions I made are made for a reason. Reasons that I know in that current time I made are the best thing I can ever do.
Just as like what Lewis Robinson always says. "KEEP MOVING FORWARD"
January 10, 2021, 10:50:19 AM
Sorry to hear that but in my case, every time I sell my coins I always make it a point that it would be my last option- meaning that I would not regret it.
To give you a concrete example, last 2017 I sold around $200 worth of btcs ($10,000/btc) due to a medical emergency in my family. Since I had no cash left from my savings, I decided to use my bitcoins to help my brother. After a couple of weeks, its price skyrocketed from $10,000 to $19,000. I did not regret it as the situation called for a medical emergency.
In conclusion, what I am saying is before you cash out your bitcoins, make sure that you are 100% committed to that decision. I know it is inevitable to feel like you've lost but always be firm with your decision.
To give you a concrete example, last 2017 I sold around $200 worth of btcs ($10,000/btc) due to a medical emergency in my family. Since I had no cash left from my savings, I decided to use my bitcoins to help my brother. After a couple of weeks, its price skyrocketed from $10,000 to $19,000. I did not regret it as the situation called for a medical emergency.
In conclusion, what I am saying is before you cash out your bitcoins, make sure that you are 100% committed to that decision. I know it is inevitable to feel like you've lost but always be firm with your decision.
January 10, 2021, 10:49:08 AM
You must be happy you still have some BTC. There are people who also sold all their BTC this time when BTC reached close to 20000$ mark because they don't want to wait again for 3 years.
Anyone who knows to read the old price charts will understand the once the price reaches the old all time high valuation the price would further rally and if anyone was afraid that we would see a correction and then the price will not rally then it is your fate of understanding the market. Even i sold when it crossed the all time high valuation thinking we will see a minor correction and wanted to purchase again but that never happened and i never sold after that as i will be selling only if the market shows some sort of weakness.I had these terrible feelings in the past when you see the market rallies just after you sell the coins but now i am more matured enough to understand the market and i sold a few only because of the pandemic when it crossed the all time high valuation.
January 10, 2021, 10:19:57 AM
You must be happy you still have some BTC. There are people who also sold all their BTC this time when BTC reached close to 20000$ mark because they don't want to wait again for 3 years. On the other hand most of the traders are regretting to sell earlier this time. They must be thinking like if we hold for another 1 month we will get more profit and In the past 3 years most of the traders learn bitter lesson when you are in profit must sell. If greed stops you can be in loss again and I am satisfied that I sold at good price and this is the market where we learn every time new lesson for future.
January 10, 2021, 03:12:08 AM
In my opinion, if you really have to sell at that time and the need is high, then just sell it, even though in the end a week later the price goes up I won't regret it. Therefore I have learned not to be extravagant and that there is a need for the right balance between spending and saving money.
Yes, because our needs will be the important thing that we need to fill. And if we can save more, we can know how much our expenses, so we can save the rest for the next higher price. We can balance our funds, and we can also make money from the balance. There is no need to regret seeing the price still increase after we sell because we will have the other chance to sell at the next high price. January 09, 2021, 09:58:19 PM
In my opinion, if you really have to sell at that time and the need is high, then just sell it, even though in the end a week later the price goes up I won't regret it. Therefore I have learned not to be extravagant and that there is a need for the right balance between spending and saving money.
January 09, 2021, 09:31:37 PM
I think it doesn't matter if we really have a sudden need and in the end we decide to sell the Bitcoin we have. And it is also not wrong if we sell
Bitcoin when the price reaches $ 18,000. As long as we still get profit after selling the Bitcoin we have. It must be admitted that we are indeed
regret when we find out that Bitcoin has now managed to reach a price of $ 40,000 and our Bitcoin is selling at a lower price.
But the problem is the price of Bitcoin is difficult to predict, who would have thought the price of Bitcoin went up so far. All we better do is just
move on, and start over to collect more Bitcoin. And we must be optimistic that the future price of Bitcoin can be even higher than the current
price.
Bitcoin when the price reaches $ 18,000. As long as we still get profit after selling the Bitcoin we have. It must be admitted that we are indeed
regret when we find out that Bitcoin has now managed to reach a price of $ 40,000 and our Bitcoin is selling at a lower price.
But the problem is the price of Bitcoin is difficult to predict, who would have thought the price of Bitcoin went up so far. All we better do is just
move on, and start over to collect more Bitcoin. And we must be optimistic that the future price of Bitcoin can be even higher than the current
price.
January 09, 2021, 07:30:16 PM
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).
That's some expensive dentist you got there
I do the same. I don't sell to make money because bitcoin is my savings. I also sold some a few times at different levels even lower than 20 thousand but that was because I had a choice between going to the bank and begging for a loan, borrowing from my friends, or selling a bit. Sometimes you don't see any other way and in such case you should never regret or torture yourself.
A trader who chose to sell on Monday when he could wait till Friday can have regrets. People who have families and expenses shouldn't because they aren't selling for fun but out of need.
The important part is that you guys are still in the game.
January 09, 2021, 06:01:46 PM
It is somewhat frustrating on the part of you as a holder to evenly sold too early have been surprised to lately realized that you have done a wrong decision with that move you have made upon seeing the price increase into a lot more greater value beyond your expectation which is really regretful for you are currently thinking that you missed out greater opportunities if you have waited for a little bit longer before selling your coins. Well, it is just a common experience to all of us since we might have encountered that all or nothing situation and might have been an instinct to be done as a lesson learned from the past ATH that happened way back 2017. But you must not be stuck up into such situation wherein you were full of regrets and blaming yourself for it will not help you gain the advantage. What you need to do it regain your composure and start fresh and do better the next time around.
January 09, 2021, 01:28:02 AM
TBH, when Bitcoin is at the $10,000 price I said to myself that all of my holdings right now will be sold when it hits its last ATH of $20,000.
It reached that price, did I sold?? I didn't sold because I saw from its recent movements that it is in a parabolic rise and the price might go up faster than we are expecting and it happened. If only I sold all of my Bitcoin holdings at $20,000 I will feel regret too and will say to myself "Why did I sold it to that price when I know that it will go up more." and I might drink some beers here in my room
. Currently, that is my best decision of the year so far. Choosing to risk and not to sell my holdings.
After reaching my target of $20,000 I have another target right now and when it reached that target I will sell some of my holdings
.
It reached that price, did I sold?? I didn't sold because I saw from its recent movements that it is in a parabolic rise and the price might go up faster than we are expecting and it happened. If only I sold all of my Bitcoin holdings at $20,000 I will feel regret too and will say to myself "Why did I sold it to that price when I know that it will go up more." and I might drink some beers here in my room
. Currently, that is my best decision of the year so far. Choosing to risk and not to sell my holdings. After reaching my target of $20,000 I have another target right now and when it reached that target I will sell some of my holdings
. 
January 09, 2021, 12:45:30 AM
I just say "Oh, the price is rise. I wish I sold it at this time, but it already happened". I can't do anything, and I can only feel sad, but no need to long for me to forget it because I am sure that I will have another chance to sell bitcoin at the other high price. I will wait for the next highest price, so I will make another profit. But that will be different if we really need money in our real life, so that can force us to sell some bitcoin to fill our needs. We will not think twice about the price, and we will sell bitcoin before we are late to fill what we want.
January 09, 2021, 12:22:51 AM
I too sold mine at 23k n 30k and I understand how it feels like. Point is we never know what maximum or minimum price bitcoin will take. Better to settle with some profit rather regret doing greed. Life is simple if you stop complaining.
January 09, 2021, 12:17:54 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)
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?)
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 get what you feel because even I sold some of my coins when the price was at $28000. I sold so that I can take out a little profits and go on a holiday and I just booked the tickets and going for a holiday today.
I know it feels bad that we could have waited a little longer and got more for the same amount of bitcoins sold but then what if bitcoin would have dumped if we didn't sell at that point ?
So even though we might feel little regrets, we should take it in a positive way and let it go. If a buy back price occurs then we shall surely buy some of it back but if not then just let it go.
For me, I will enjoy my holiday to the fullest so that I can reap the benefits of not selling cheaper than what I sold for.
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