Topic: Oh that feeling... when the price goes crazy...after you sold! - page 4. (Read 892 times)
January 08, 2021, 11:54:16 PM
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 08, 2021, 10:35:50 PM
This is perfect time to sell BTC,if anyone hold their BTC.Because, no one khows what happen next with this crazy coin.we are saw also ATH bull ran in 2017.Everyone now this time got double profit.so, it's not bad idea to sell any big pumped coin.
January 08, 2021, 10:20:52 PM
Well, on my end, I deal with it by accepting it. Regrets won't bring yesterday and there's no way for us to change it. I have experienced such even before. I used to blame myself for not being patient enough and for not holding longer, but thinking about my reason, and if it's a valid one and due to an urgent need, then I'm slowly being fine.
That's why, now with the new ATH, I sell little by little so that when the price suddenly spikes, I still have coins left on my wallet and I'm still earning profit. It's undeniable that the spikes make us excited that we tend to be greedy and sell most of our coins but pause for a while and think why you would like to sell. Don't just let greed take over you so there would be no resentment in the end.
That's why, now with the new ATH, I sell little by little so that when the price suddenly spikes, I still have coins left on my wallet and I'm still earning profit. It's undeniable that the spikes make us excited that we tend to be greedy and sell most of our coins but pause for a while and think why you would like to sell. Don't just let greed take over you so there would be no resentment in the end.
January 08, 2021, 10:19:30 PM
It's not a mistake if you sell it for your own purposes. And all will also do that if there is a more important need. But you can buyback if bitcoin
has dipped its price later, at least you will again have a profit opportunity in the future when bitcoin again raises its price. And of course, if you
want maximum profit you have to let your investment reach maximum profit, you must have other savings for your daily needs, or to cover
your sudden needs. So you don't have to sell your bitcoin for other needs.
has dipped its price later, at least you will again have a profit opportunity in the future when bitcoin again raises its price. And of course, if you
want maximum profit you have to let your investment reach maximum profit, you must have other savings for your daily needs, or to cover
your sudden needs. So you don't have to sell your bitcoin for other needs.
January 08, 2021, 10:02:22 PM
There's a slight regret. I feel you as I also converted my 1/4 of my btc holdings at $19k and it skyroketted to $41k. But when I realize I already had doubled profit and I still have btc left to sell off at new ATH.
It's still fine. As long as we didn't be too greedy and be deficit at the end then we don't have to regret that much.
It's still fine. As long as we didn't be too greedy and be deficit at the end then we don't have to regret that much.
January 08, 2021, 10:00:15 PM
everyone who is in the crypto circle must have experienced something similar, there is nothing to be sorry about because the decision you made was right, if asked whether to buy again at a high price or wait for correction the answer will be different.
if for the long term I think there is no problem buying at high prices because bitcoin will continue to grow over time, but if for the short term to trade honestly for the current price I would not dare.
if for the long term I think there is no problem buying at high prices because bitcoin will continue to grow over time, but if for the short term to trade honestly for the current price I would not dare.
January 08, 2021, 09:12:32 PM
Most of all ever dealing with that feeling, presumed sell at a high price and be ready to buy the dip but turned out it rise even higher.
So whenever you sell bitcoin, make sure to have the intention to let go of whatever might happens next, you'll take it with no regret,
at least you sit on profit right, be grateful for what you have and let go of what you've missed.
So whenever you sell bitcoin, make sure to have the intention to let go of whatever might happens next, you'll take it with no regret,
at least you sit on profit right, be grateful for what you have and let go of what you've missed.
January 08, 2021, 03:07:45 PM
More likely it happens with me only in the time of bullish trend. Whenever i sell bitcoin and see a massive jump , it feels like to lose something which is more precious than other living things. But deeply understand that it was needed for my livelihood in that time and that feelings disappeared from my mind.
January 08, 2021, 02:52:47 PM
Just process the feeling and acknowledge that you cannot foresee the future whatever you could do. The price could have dumped again and you would have been happy that you sold. The thing is to inhibit these emotions when you're trading and investing. You missed some yield and so what? There are opportunities everywhere to invest and earn a high yield: you can start a business, trade, retail, manage an app creation, etc.
See the full half of the glass. You did keep a part of your stack, haven't you?
See the full half of the glass. You did keep a part of your stack, haven't you?
January 08, 2021, 02:31:12 PM
You have to keep thinking positively and let it go...
you are not a clairvoyant who knows Bitcoin will be at its current price. You did your best because you sold your Bitcoin at a high price and made a profit from it. I also experienced the same thing and sold too quickly because I really needed the funds. remember, no regrets.
you are not a clairvoyant who knows Bitcoin will be at its current price. You did your best because you sold your Bitcoin at a high price and made a profit from it. I also experienced the same thing and sold too quickly because I really needed the funds. remember, no regrets.
January 08, 2021, 02:11:45 PM
~
I just did the same thing selling my bitcoin at 27k thinking it was a good price already and I did make a profit from it but selling it around 35k$-40k$ is surely a big difference in profit.
But I guess it not that bad as long as you make a profit from it, you could still reinvest that money in cryptocurrency and for sure there is always an opportunity to invest in bitcoin.
Everyone is surprised and it's really unbelievable that the market could easily pump that high in just a month starting last year.
January 08, 2021, 01:27:04 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?)
Hey, stop blaming yourself, and don't be upset! If you decided to sell bitcoins at that moment, then it should have been done. You know, what happened, happened for the best. Just remember not to make rash decisions. So keep your head up and do crypto! 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?)
January 08, 2021, 12:50:22 PM
i never say i never sell, instead i always sell whenever there is a big rise the difference is that i never sell large amounts such as "a coin or two". that is just crazy.
what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k.
and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
I use roughly the same tactic. I mainly transferred my assets to ethereum. During this rapid price growth, when I thought that a price peak was possible, I sold a small amount and transferred to USDT in order to lock in a profit and there was a reserve for subsequent purchases at a low price. However, cryptocurrencies, including ethereum, continue to grow.what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k.
and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
Therefore, indeed, lost profits will practically be in all of us. The main thing is not to make big mistakes.
January 08, 2021, 12:46:45 PM
This has happened to me a few times already. And what the other have said that, regardless of the amount the profit gained is still profit, is what have been comforting me since then. And of course with these experiences, I learned a lot. And I am thankful that I was able to experience selling too early so that I could learn how to be patient and to make wiser decisions.
January 08, 2021, 11:43:44 AM
I think you are not just the only one in a few that experience the same thing, I sold somewhere at $17k and I also have deep regrets about that action, though I bought something important for myself with that. Over time, I am computing how much I should have right now if I hold longer. But when I ask my friends about my experience, I figured out that I am not the only one and they advised that I should not take it too deep as when the time I sold, I also gained profits. They said that profit is already a profit no matter how big it is, we should be thankful for the gains that we have compared to those who will buy at the ATH then the price will just decline drastically. We just need to be patient enough to wait a little longer until the correction happens and then accumulate as much as we can and learn from the lessons from the past.
January 08, 2021, 11:18:30 AM
When we actually in need of cash and the Bitcoin is the only asset we have then there is nothing wrong with selling it but especially when we are in bullish trend we shouldn't have to convert a huge part inti cash, better sell only what we need and keep everything as Bitcoin.
January 08, 2021, 11:09:10 AM
i never say i never sell, instead i always sell whenever there is a big rise the difference is that i never sell large amounts such as "a coin or two". that is just crazy.
what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k.
and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k.
and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
January 08, 2021, 11:02:35 AM
Hey guys, don't feel sorry for your decision to sell your Bitcoin Asset for $ 18k, that's the right choice you've made. The most important thing is you get a profit. If the Bitcoin price continues to skyrocket you should take advantage of it by buying when the price starts correcting. But for now the Bitcoin price is very high and has a greater risk of being bearish.
People who are able to hold on to the $ 40k price point longer certainly have good psychological strength and good analysis.
You must feel satisfied with your achievements or with your profits, don't regret what you have sold, the most important thing is that you don't lose.
People who are able to hold on to the $ 40k price point longer certainly have good psychological strength and good analysis.
You must feel satisfied with your achievements or with your profits, don't regret what you have sold, the most important thing is that you don't lose.
legendary
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January 08, 2021, 10:03:35 AM
I can feel you.
Although I was not in hurry as of you, I had sold all of my BTC holding when the price was $31000, well, this was my mistake to sell at that point. I didn’t want to take risk, that’s why I put a stop loss order selling at $31000 when the price hit $33000 for the first time. If you have seen the chart, there was a big drop within few minutes after it hit $33k and my order was filled and I ended up selling my BTC although I didn’t want to sell directly.
Although I was not in hurry as of you, I had sold all of my BTC holding when the price was $31000, well, this was my mistake to sell at that point. I didn’t want to take risk, that’s why I put a stop loss order selling at $31000 when the price hit $33000 for the first time. If you have seen the chart, there was a big drop within few minutes after it hit $33k and my order was filled and I ended up selling my BTC although I didn’t want to sell directly.
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January 08, 2021, 09:54:19 AM
I feel the same as you. But there is nothing we can do because the bitcoin price already increases more than the price we sell. We still have much time to sell at the other higher price, and I hope that before we sell, we can analyze deeper to find the right price to sell. But sometimes, when I got that experience, I am in an urgent situation that makes me sell my bitcoin, no matter how much the price. So I think I do not regret selling at a lower price.
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