Me I have pulled out the money because I need it to buy something important, although I regret selling, I just thank god that I learn a valuable lesson
You sell your assets because you need funds to buy essential items maybe this is not a problem for you but I think if you invest with cold money then regret like now will not happen to you this is the reason why people come here recommended to always use cold money when investing because with cold money of course we don't have to sell the bitcoins we have at low prices when we need funds, you have made a mistake with your investment and hopefully the mistakes you are making at this time will be a valuable experience for you so that do not invest with funds that you use for needs. 
Topic: we always regret once the price go up (Read 471 times)
Actually the mindset of everyone who is into cryptocurrency investment is to have a continuous acceleration or increase of cryptocurrency, if you are investor you have to know that whenever the market is experiencing negativity you will not be at rest and this happen depending the nature you invested your funds, but the process whereby your investment is long run you won't be curious of monitoring your investment over the falling of cryptocurrency and especially bitcoin.
Consider including the need to sell assets to resolve personal issues among the justifications for someone to sell crypto assets. Sometimes people sell their crypto holdings because of how they are dealing with one or more financial problems facing them. I have experienced this on some occasions. Because I was so desperate to find a solution to a personal issue, I typically sold my bitcoin and altcoins for a low price. I wouldn't say that I regretted my decision to sell my cryptocurrency assets at a discount; in fact, I was alright with it because it allowed me to survive financially when all of my friends abandoned me.
Yes you are right .
It has happened to me twice, I have sold a coin I bought for $1k for $800 and I was sad about that.
Anyway that was my first time of buying Bitcoin.
I don't think that will ever happen again, even if it's below $100 I will not sell my coin.
It has happened to me twice, I have sold a coin I bought for $1k for $800 and I was sad about that.
Anyway that was my first time of buying Bitcoin.
I don't think that will ever happen again, even if it's below $100 I will not sell my coin.
That's right and you don't need to be hard on yourself whenever things don't fall the way you want because sometimes not getting what you want is saving us from more harm later. We just don't know how bad it will gonna turn out if we always win on trading and our investment always the right choice because failures like this make us want to prefer to be patient than rush things when it comes to our investment and most of the time we failed when we rush it. At the end of the day, we follow what we think was right for our crypto assets and we didn't get those ideas from youtube influencers whatever the result was, we need to grow up and accept it with a full heart.
You just ride the hype and don't have knowledge
This is one of the riskiest and worst activities in the crypto world, when you know nothing and you are driven by the hype projects, you will fall and become victim to hype projects and scammers. This will easily happen because they will promise you high things and you don't even understand and then trust them, you will easily lose your money. It's easy to lose money in crypto when you don't know what to do and what to avoid. The hype project managed by fraudsters is looking for many victims who will become their money field. There are already a lot of hype projects of this kind that initially promise lots of illogical bonuses, as well as pressure to invest as quickly as possible.
- fear of price going to zero
not too confident with the investment you join
If we are not confident to join the investment, stop it and don't go to the investment. Something doubt will not mean many things and will not be good for us. Additionally, if investing in Altcoins and we doubt it, just never invest because it is high risks and I am sure that we will not be ready for the risks if we are not confident. You just ride the hype and don't have knowledge
This is one of the riskiest and worst activities in the crypto world, when you know nothing and you are driven by the hype projects, you will fall and become victim to hype projects and scammers. This will easily happen because they will promise you high things and you don't even understand and then trust them, you will easily lose your money. 
Some people are not even ready to invest in bitcoin, what they do they just use the money they are not in need of at the moment to buy bitcoin to see if they can get profit in this short time. That is why whenever they need money to for use they sell it off or maybe if the market is going down dip they quickly sell for them not to be at lose. The reason for all these is because they think they can make profit in a short time from their money. One is ready and prepared will never sell to use money for something else or if the price goes down.
Most people investing in bitcoin currently don't really know what bitcoin is all about, most of them just hear about bitcoin from their friends or other people and they will also want to invest, they are always believing its very easy, they always think immediately they invest money, they will be expecting it to multiply their money for them in short period of time, that's why some people always end up investing even the amount they will be needing in short period of time, because they believe before they will sell the bitcoin it will have multiplied their money for them but bitcoin is not like that, if you are planning to invest in bitcoin, then you should be ready to hold. 
We all have fear but too many new crypto investors are investing money that shouldn't be invested in the first place, this spikes up your fear and you keep losing your cool whenever there is a big retracement in the market, I don't panic anymore because I use money I don't need and won't be needing for few years.
Yes.. That's the concept many new crypto investors faces, that' is, investing an amount you can't afford to let go for a long while, or quickly rushing to sell your BTC due to fear of the volatile market nature. Because one thing about crypto (and most especially Bitcoin investment) is that it's best for long term investment. Because imagine you had bought 1 Bitcoin on 1st January 2023 at $16,556, by today you should be boosting a whooping sum of $22,900 (I.e profit of $6,344). This will at least give you the comfort of time to wait for market maturity that will be relatively above your entry cost, panic selling has been one of the major regrets of newbies but then with time, there will learn how to sustain a steady holding mechanism for utmost profits merging.
We all experience this situation where we regret selling assets at a lower price because of fear, everyone is guilty, and we always hold, but in some instances, we let go of something that is very important there are lots of reasons for this:
- fear of price going to zero
- Needed the money and don't want to lose big
- fail to research and watch how the market works
- not too confident with the investment you join
- Afraid to fail during the process
- You just ride the hype and don't have knowledge
regret occurs because of your dissatisfaction with your expectations when deciding on something that is very important. then it's not wrong for you to consult or exchange ideas with other people you trust to get the best solution because every decision taken in investment activities must be based on your self-awareness. fail - succeed - profit - loss is common in investing.
Me I have pulled out the money because I need it to buy something important, although I regret selling, I just thank god that I learn a valuable lesson
there is failure and Triump at the end and no one is sure of the future, so if you have a weak disposition then you might even when you're just starting.
there is failure and Triump at the end and no one is sure of the future, so if you have a weak disposition then you might even when you're just starting.
because you said you really needed the money, the decision you took was not completely wrong imo, you didn't sell out of panic or anything else. but you can take it as experience and learn from it to improve your money management and not put 100% of the money you have in one basket.
The market can be compared to poker. Emotions are your enemy. You need to clearly define whether you have come to earn on cryptocurrency or to get adrenaline and dispel boredom. With the right approach, you should not experience any emotions. There should be a clearly developed plan. And you have to follow thoughtful steps, no matter what happens. I use pending orders and therefore I don't even need to monitor the price and worry.
I agree with you, but when people invest their personal money in an investment, it is very difficult to stay calm and rational and avoid emotional decisions.
Crypto investors are mostly very young people, without any previous investment experience and they usually have no idea what they want, no clear goal they want to achieve and no clear exit strategy.
When people buy a new car or house, they usually check all the details in great detail, but in crypto investing, many people follow their emotions and invest without thinking because they are carried away by the euphoria of others. This usually ends very badly and with disappointment for many.
For investing, we also need to prepare in great detail, analyze and study the market in detail, get information and, based on that, make the best possible investment decision, with a clear investment plan and exit strategy.
Then there is no regret because of the feeling that we missed something, and it is not the current price movement on the crypto market that matters, but the ultimate goal.
The market can be compared to poker. Emotions are your enemy. You need to clearly define whether you have come to earn on cryptocurrency or to get adrenaline and dispel boredom. With the right approach, you should not experience any emotions. There should be a clearly developed plan. And you have to follow thoughtful steps, no matter what happens. I use pending orders and therefore I don't even need to monitor the price and worry.
Everyone has that fear of loosing because of the pain that comes with it, that's why I will always say don't invest what you can't avoid to loose because you are not 100% sure of crypto (Bitcoin).
Crypto is like gambling which you either loose or you make profits..
I will also advise people not to invest from loans and also if you are doing other businesses outside crypto please don't invest with your capital.
To me I won't want to regret selling in a low price, I will just accept my fate, get the experience and learn my lesson...
Crypto is like gambling which you either loose or you make profits..
I will also advise people not to invest from loans and also if you are doing other businesses outside crypto please don't invest with your capital.
To me I won't want to regret selling in a low price, I will just accept my fate, get the experience and learn my lesson...
- Needed the money and don't want to lose big
There's an old saying that it's not worth crying over spilled milk, and I think everyone should think that way because everything else doesn't make sense. There are people who, in the very beginning, made some quite normal transactions related to Bitcoin, and today they do not seem very logical because the value of BTC has changed - so that famous pizza was paid as much as 10 000 BTC, which seems incredible from today's perspective.
This is so true in so many levels. It is not just that regretting or crying over something has come to past. It is also that there is no point of overthinking it and it just does not make everything better since the phenomenon already occurred. The only takeaway from those would be the lesson and experience gained.This is so me when I first bought my Bitcoin and turns out I was wrong about the whole misconception of it being a scam coin or even an illegal coin. I could have bought a lot more than what I hold these days, but nah there is no point of overthinking that anymore.
- Needed the money and don't want to lose big
This is a good mindset mate, we all know that crypto is volatile and we can not predict when the price will go up or down. So investor must take a risks with their money so it's advisable to invest your extra money not the one that is very useful to your daily needs. Also like you said above mate invest money that you can afford to lose if you are unlucky then I think this is a good one cause some investor who lost their money is that greedy to sell when the prices go down.
If you have a background in technical analysis in different coins especially with the bitcoin I guess you need to worry too much because by that it can heads you up about the possible price movement for the next coming day by that you can now prepare the possible position of your entry and take profit, always grab the opportunity to have a profit with the market volatility.
Probably we have no regret when they price goes up when selling but rather when buying.
Bitcoin from my view can not get to zero,take a look at 2022 how it was and it never did go to zero.
Most people have the regret during when they must have withdraw there coin out because of the price going down and when zooms up you feel how I wish in the last of your words.
As an investor you in to acknowledge that you are in a business tree that either you make profit or lost and you don't have to regret in any step you take as an investor.because you along know your reason I suppose you don't have to feel regret when making any step of yours.
Bitcoin from my view can not get to zero,take a look at 2022 how it was and it never did go to zero.
Most people have the regret during when they must have withdraw there coin out because of the price going down and when zooms up you feel how I wish in the last of your words.
As an investor you in to acknowledge that you are in a business tree that either you make profit or lost and you don't have to regret in any step you take as an investor.because you along know your reason I suppose you don't have to feel regret when making any step of yours.
The cost of having free will is regret.
Almost everyone has experienced this feeling, and the best way to deal with it is to avoid letting regret rule your actions. Instead, set up a budget and stick to it.
Even the most skilled market analysts cannot guarantee success.
Set a budget or plan, and follow it!
Almost everyone has experienced this feeling, and the best way to deal with it is to avoid letting regret rule your actions. Instead, set up a budget and stick to it.
Even the most skilled market analysts cannot guarantee success.
Set a budget or plan, and follow it!
- Needed the money and don't want to lose big
Jump to: