From the series of words that you described in the Op, the regret that came to you was because of the fear that was too great that was in you. Afraid of losing what should be achieved and even afraid that the price of the asset you hold will be zero. There is nothing to regret for whatever actions you take, today is better than tomorrow, what you have achieved today will be yours.
Topic: we always regret once the price go up - page 2. (Read 471 times)
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
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:
Irrespective of how the price moves after you have sold a coin, never regret it especially when you're dealing with altcoins. If you sold and the price dump, that's good for you but if you sold and the price keep going up, don't regret it as if you do then you might just sabotage other investment of yours as when you should be taking profits, you might think similar situation from your last investment will repeat itself and that mightn't be the case then you're left holding a worthless bag.
Technically every altcoins in the market can become worthless at any point in time. There's alot of projects with so much market capitalization that shoudn't be the case but there's nothing much we can do about it then to advice of avoiding such project as they can collapse at any point just like FTX did in this bear market and other coins have done in other bear markets.
When investing in this industry, you should have a timeframe and when that times comes and you exit the market, don't regret any out of that decision instead move on with your investment. There are many opportunities ahead, don't overwork yourself over the past instead strategizes on how you can get it right the next time.
I don't feel anything much when I have 'em funds reducing in it's cap, market value cus I know it'll certainly go up and I'll get to recover my loses...
If this were really the case, then investing in bitcoin could be considered as a guaranteed income. But we all know that any investment, including in bitcoin, does not guarantee profit and very often such investments lead to losses. That is why we should invest only what we can afford to lose.
Nahhh, not me...
I don't feel anything much when I have 'em funds reducing in it's cap, market value cus I know it'll certainly go up and I'll get to recover my loses.I'm not saying anyone else should be trusting the process too much -- 95 solid percentage trust is cool as it's been durable over the years and counting... Except otherwise, I don't normally have any reasons to pull out my funds. Secondly, you get to sell at a lose?...I mean, how do you feel comfortable losing more cus of some unnecessary impatience??
Sandra 🧑🦰
I don't feel anything much when I have 'em funds reducing in it's cap, market value cus I know it'll certainly go up and I'll get to recover my loses.I'm not saying anyone else should be trusting the process too much -- 95 solid percentage trust is cool as it's been durable over the years and counting... Except otherwise, I don't normally have any reasons to pull out my funds. Secondly, you get to sell at a lose?...I mean, how do you feel comfortable losing more cus of some unnecessary impatience??
Sandra 🧑🦰
Yeah, it happens to the best of us. We all get caught up in fear at times and make decisions based on that instead of rational thinking. Selling assets at a lower price is definitely a tough pill to swallow, but it's a common experience. We just gotta learn from it and move forward. Holding on to that regret won't do us any good.
Selling bitcoin at this price is not a good idea in my opinion because I have seen what has happened over the past year from the record and am determined to hold and accumulate this particular one that is not passing me by. I also need to test the upcoming bull run because most people who sell don't realize its value until the bull run begins, and if you don't participate in the profits that come with it, you won't know how painful it is, so I don't want to be left out of the action.
When ever I come across post that criticizes selling out possessions whenever we're ok with it.
I think rather than all this advices of telling people not to sell, I think we should teach them when the best time to sell should be. And if we could be really sincere with ourselves we would agree with me that HODLing isn't an easy task and it really requires alot of patience and steadfast.
Just as you mentioned in your list of possible things that could make one sell and I was attracted to the one you listed of selling when having challenges and if you'll permit me write on this then it seems you're preaching that no matter what the situation might be, even at the point of death, we shouldn't sell our coins if we have and I guess this is intimidation and manipulation.
Anyone Is free to sell their coin as long as they're are ok with it.
I think rather than all this advices of telling people not to sell, I think we should teach them when the best time to sell should be. And if we could be really sincere with ourselves we would agree with me that HODLing isn't an easy task and it really requires alot of patience and steadfast.
Just as you mentioned in your list of possible things that could make one sell and I was attracted to the one you listed of selling when having challenges and if you'll permit me write on this then it seems you're preaching that no matter what the situation might be, even at the point of death, we shouldn't sell our coins if we have and I guess this is intimidation and manipulation.
Anyone Is free to sell their coin as long as they're are ok with it.
Money that is need to be spent on other expenses shouldn't be used to invest in btc,if not you can end u selling at a low price due to fear or urgent need of the money when the time comes. That is why it is advisable to save with btc so that it can just be in your wallet till whenever, you feel it is time for you to sell. Long term investment is the best, this will help you remove your mind from the dump and pumps in the price at any given period. Those that sells low mostly regrets it but I guess we should not put all our eggs in one basket, so that when we need fiat currency to solve problems,we can fall to fiat. Selling at low price, and not buying back is the most regrettable thing an investor will face.
what you say is true. that is, we will feel more calm if we invest with money that we really won't use in the near future or even money that is ready if we have to lose. And investing using money that is still in the category of money needed for our daily needs will indeed make us easily affected by feelings of fear and anxiety. But sometimes unexpected needs are always the reason some people are forced to sell their long-term investment assets. and this happens because we are less prepared to save for reserve money for unexpected needs.
I sold too earlier and did really regret that I did but, as one of those reasons you've said, there's a need for money during that time and that's making me understand that I shouldn't regret if I've put the money into good use. Yes, the price varies and the price could have been better if I didn't sell at all. But we do have different situations to face and circumstances that we need to solve. And even if we want to know and sell at the top, there's no way that we will accurately know that the price of bitcoin or any altcoin you have is already at the peak or top.
Unlike what many people are agreeing to here, I don't regret if I sold earlier even if the price runs into big profits later. The way I regret is when I have an opportunity to buy low but keep procrastinating or waiting for it to go lower and within this period the price flies without me buying.
That is exactly where I am always pained.
We all experience this situation where we regret selling assets at a lower price because of fear, everyone is guilty, and we always hold,
You shouldn't feels guilty if you sell at a certain point in time, because this has to do with the kinfd of digital currency you're holding, the truth is that with some altcoins the more you hodl the more they go dip, it's better to sell and recover your money back than watching it going down gradually.
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
Most recommended is bitcoin whereby you don't need all these fear of missing out, except if you chose to let your ignorance gone over you about trading or investment.
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
Don't blame yourself yet, what if after you withdrew your investment the orice keeps going dip, will you ever regret taking that step.
Initially we don't get regret when the price goes up,not when you have bitcoin in your trading market.
Why most people do regret is just simply because the sold out the bitcoin before realizing that the price has gone up and felt that if I knew I would have left it there,most people that always have this thought maybe the have one issue or the other that made the pull it out.
I guess we shouldn't have any regret about the price going up, because we do have a reason for that but in a cause were you just pull it out without knowing what you want bro use the money for then the regret comes in because if I had known will be the last word from your mouth.
Why most people do regret is just simply because the sold out the bitcoin before realizing that the price has gone up and felt that if I knew I would have left it there,most people that always have this thought maybe the have one issue or the other that made the pull it out.
I guess we shouldn't have any regret about the price going up, because we do have a reason for that but in a cause were you just pull it out without knowing what you want bro use the money for then the regret comes in because if I had known will be the last word from your mouth.
I've previously sold some of my bitcoin at a discount when the price was at $10,000 to meet a personal need. I don't believe I was hurried or regretted my decision to sell. Even though I invested my spare cash, the only reason I sold my bitcoin was that I was in debt and needed money to deal with personal issues.
Anyone that find his or herself in such situation will do the same thing, the main reason we save or invest is to help us in case of emergency and for the future, so you shouldn't regret it at all, you find yourself in a difficult situation and you have no choice but to sell. We have raining days and we have sunny days, because the price went up and you started regretting but you have cleared your debt and solve the issue, so you forget regretting and try to invest in Bitcoin again. 
When I was newly introduced to crypto, sometimes I would buy tokens today and sell them the next day with a little profit added to it. After selling, most times I see the price of the token sparkle up by some huge percentage, which always makes me regret why I sold out so early. Most times I might still be holding the token, waiting for more huge profits, and the price will just drop below what I paid initially.
My mentor who introduce me to crypto and also to this forum told me that, either bounty payment or crypto purchase what ever way the crypto comes in as I shouldn't be too greedy. When ever I purchase any token, I should set out an exact price target that I want to sell at; if that price is not reached, I shouldn't sell, and if it hits the price I target to sell at, I should sell out my capita first and hold the rest, so that if the price crashes, I won't totally be on the losing side. And I have been working with this ever since, and I have never once regretted selling, no matter the price the token later hit.
My mentor who introduce me to crypto and also to this forum told me that, either bounty payment or crypto purchase what ever way the crypto comes in as I shouldn't be too greedy. When ever I purchase any token, I should set out an exact price target that I want to sell at; if that price is not reached, I shouldn't sell, and if it hits the price I target to sell at, I should sell out my capita first and hold the rest, so that if the price crashes, I won't totally be on the losing side. And I have been working with this ever since, and I have never once regretted selling, no matter the price the token later hit.
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...
Almost everyone experiences FoMO and it happens when they sold coins too early and when they didn't do it. It is better to sell the coins not at the very high, than to regret later that I did not sell them, and the price dropped to almost zero. In any case, there is no need to regret the lost profit, it was not the last opportunity to make a profit.
I have respect for you @ Pooya87 because of the contribution you have done on this forum, is your point referring to all altcoins? Because it feels way off to me, I bought Gala token at 0.015$ and it's 0.055$, I bought illuvium at 40$ each it's now 60$, I bought Metis at 15$ it's now 30$, when you said altcoins it feels wrong selling for a loss, not all altcoins are shit like you made it sound or there is something I don't understand?
It depends on your perspective to judge the coin is shit or not, based on your post it seems you're judge a coin which the price never increase is a shitcoin, but if the coin price is increase, it's not a coin.Well it's just one of many way to judge a coin is shit, almost or probably all of Bitcoin enthusiasts are think centralization, low security, too good too be true marketing strategy, and no privacy are the factors to judge the coin is shit. Those coins you mentioned all fall to this category and it's a shitcoin, regardless the price is.
You need to know the reason why those coins price are increase, that's because Bitcoin price were increase from $16K to $23K. I bet when Bitcoin price start to drop, almost of the altcoins price will drop more lower than Bitcoin.
I don't regret selling at lower prices. You need to also live here and now and not only focus on the future. Because with this mentality you will waste your best years doing nothing and will only become rich when you will become old, your body will start failing and you won't be able to fully enjoy the wealth that you hoarded for all your life.
Spending all your money immediately is dumb, saving all your money for the future is dumb too. There needs to be a healthy balance between these 2 extremes.
I heard and watch in the interview a Chinese businessman, spend less and invest most of their money and not letting them sleep, on bank or wallet, this makes me think how dumb i become the last the i have money and just let it sit there losing its value, this time i make sure the money is invested on a coin that i have research although there are lots of risk but worth if it came out positive. Spending all your money immediately is dumb, saving all your money for the future is dumb too. There needs to be a healthy balance between these 2 extremes.
I think it all depends on your goal as an investor. Of course, everyone wants to profit in the end but you must set some limitations/boundaries on how much profit/loss you want to experience. For example, if you initially invested BTC, you must set some parameters on how much profit/loss you want to cash out. This depends if you are aiming either for long or short-term investment.
Personally, investing into BTC is an absolute risk due to its high volatility in the market. While there may be stories of people profiting thousands, there are also some stories where some lost millions.
Personally, investing into BTC is an absolute risk due to its high volatility in the market. While there may be stories of people profiting thousands, there are also some stories where some lost millions.
It depends on what you had and when you sold it. In most cases it is a good idea to sell your altcoins even at a loss because they are not known to go back up again specially when they are coming down from a big pump. But when it comes to bitcoin, the selling part even at a loss is not the problem. The biggest mistake people make is not buying back when they see the trend reversal like these days.
I have respect for you @ Pooya87 because of the contribution you have done on this forum, is your point referring to all altcoins? Because it feels way off to me, I bought Gala token at 0.015$ and it's 0.055$, I bought illuvium at 40$ each it's now 60$, I bought Metis at 15$ it's now 30$, when you said altcoins it feels wrong selling for a loss, not all altcoins are shit like you made it sound or there is something I don't understand? 
I've previously sold some of my bitcoin at a discount when the price was at $10,000 to meet a personal need. I don't believe I was hurried or regretted my decision to sell. Even though I invested my spare cash, the only reason I sold my bitcoin was that I was in debt and needed money to deal with personal issues.
When things go wrong, you may realize that your only alternative is to sell your bitcoin. Whether you are lost or not it doesn't matter
When things go wrong, you may realize that your only alternative is to sell your bitcoin. Whether you are lost or not it doesn't matter
Money that is need to be spent on other expenses shouldn't be used to invest in btc,if not you can end u selling at a low price due to fear or urgent need of the money when the time comes. That is why it is advisable to save with btc so that it can just be in your wallet till whenever, you feel it is time for you to sell. Long term investment is the best, this will help you remove your mind from the dump and pumps in the price at any given period. Those that sells low mostly regrets it but I guess we should not put all our eggs in one basket, so that when we need fiat currency to solve problems,we can fall to fiat. Selling at low price, and not buying back is the most regrettable thing an investor will face.
Jump to: