we always regret once the price go up - page 3.

coolcoinz

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

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

Speak for yourself. It's you, not we. Once you've been here for a few years you stop being scared of stupid things like bitcoin going to 0. Do some critical thinking and you'll come to a conclusion that it's almost impossible for bitcoin to go to 0. I say almost because if we had a big worldwide collapse of governments and currencies and countries falling into chaos, things like that could happen, but still it wouldn't be a literal 0, but low numbers, maybe only triple digits, like in 2015.

I don't regret anything. Spot price is just spot price and to me everything below 30k was a bargain. I've been buying for the last 6 months and will continue until we reach some fair price levels.

Maestro75

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

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

All your points are true for reasons why people sell off. And all of them have happened to me. But the last point does not match and can not make anyone sell his bitcoin in my thinking. Anyone riding the hype can only think of buying more and not selling off. Hype makes people buy more and fear to miss out. This normally occurs when price begins to go up like it is doing since few days now with bitcoin.

sujonali1819

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Exactly, All of the traders faced this situation I guess. Basically, people when they start trading for the first time are facing this issue a lot. To be honest I am still feeling this like a newbie. A few days ago I have open a trade for SOL, I brought it at around $9 and secure some profit by selling at ~$11. And after a day or so it's now $24 Grin

When I remind back these situations I just laugh and call myself a failure

stompix

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

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

The whole statement contradicts itself, if you always hold you obviously never sold.

Besides, what's even the point of all this, oh, the regret for selling when it was at 16k and now it's a 23k!
What about the regret of not selling at 65k now that's at 23k?
Cause 1st grade math tells me you missed a far better opportunity at that time.

These kinds of topics that look like motivational speeches and have the same rubbing as preaching to the choice are really getting old and tiresome, when you wake up and every day you check the forum and there are new topics about not regretting, believing in your self, investment in yourself and so on it will arrive at a point where 99.9% will just yawn and go away. Yeah, we heard it a thousand times already!

Quote from: CryptoHeadlineNews on January 27, 2023, 05:36:08 AM

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 of a whooping sum of $22,900 (I.e profit of $6,344).

Long-term investments mean over a longer period of time, not speculation over two weeks.
So either use January 2020 and you have made 13k or use January 2021, and well, you lost 15k! See how things work?

BRINIRHA

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But if we sell when we have made a profit then this certainly won't make us too regretful. However, regret can also occur when we sell at a price we value quite high, but it turns out that the price does not return to fall and instead continues to increase. and when that happens of course we will regret having sold it. But still we shouldn't panic in a rush to buy back when the price has gotten too high (FOMO). usually actions that cause us to regret are actions taken without careful analysis. that's what I experienced at the beginning. that's where the importance of studying technical and fundamental analysis simultaneously. and we also need to master our own emotional management. so that we can control fear and greed well. Fear and Greed are the most difficult emotions to overcome in crypto trading or investing.

LogitechMouse

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

~

Needed the money and don't want to lose big

Just a few days ago, I just pulled out all of my asset in a particular project, sold it and then invested it into stock market.

Did I feel regret on it? Yes because just a few hours after I sold that asset, the price went up 20% more. I felt disappointed and asking myself "What if I waited a few more hours before selling it? Then I can get 20% more than what I got when I sold it." Some questions are on my mind at that time. I felt regret, but what I'm only thinking at that time is that "I regretted it, but there's nothing that I can do about it and after all, I can't predict the future and I didn't know that the price of that asset will go up even more." Currently, I'm ok now and I don't feel regret anymore and that 20% more profit? I will just get it thru dividends on the stock that I've bought.

Overall, we've all experienced that scenario especially when the time has come for us to sell our assets for whatever reason it is. My advice for those who want to sell is that, if you want to sell your asset, don't look at the crypto market for around 3 days to 1 week.

Coin_trader

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I once on this tight spot before when I have coins to hold during bear season but I have some emergency that requires funds immediately which my savings is not sufficient. I try to hold as much as possible but the price won’t stop dumping while I really need the money as soon as possible. Good thing that there’s lending section in this forum that helps me to get emergency fund through the loan and makes my coin as collateral. This way I can still hold my position even when the price still dumping while I got the funds I needed for my emergency.

In the end I manage to repaid the loan and get my collateral which already pump since I just hold during the dip. I bought it on the dip but the price still dipping that’s why I’m confident that it will recover later on. @Darkstar helps me a lot for continuously providing a loan in times like what I experienced.

coin-investor

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If I have my way I don't want to sell in the bear market, in fact, I want to add more to my portfolio but we have some expenses that we need to address, as long as you keep a good portfolio you are good to go, the most important thing is you still have a good portfolio when the price moves up, right now my concentration is on the next halving and we are 13 to 14 months away and hopefully, no FUD is going to happen before and after the halving.
We can only stop regretting if we have good coins in our portfolio and we are prepared when the ear market shifted to a bull run.

_act_

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

fear of price going to zero

You can just go for bitcoin and have no fear that the price is going to zero, some altcoins are good too but bitcoin should remain most in the percentage of money allocated. There are some coins that their price can become zero and the coin become a dead coin. Some coins even do not need its price to go to zero before investors will lose all their money, there are digits that are lesser than 1 like 0.00001 which can make the coin become useless as people dump the coin.

Accardo

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No matter how early, it's always too late to regret. Many people have little patience when the price of bitcoin is dwindling down, which is not a bad idea. They've got the right to sell or hold. Assume bitcoin was centralized such that when it gets bearish nobody is allowed to sell. Nobody would have loved bitcoin, but the profit rate would be higher than what we have now. Hence, bitcoin is not designed this way, and nobody should regret for not being able to control themselves. I mean after different experiences of how the market works. And, I don't see why people are afraid of watching the market, such people indeed don't want a return for their money. So, when they see their wallet or assets going down, its simpler for them not to hold, because they've not read about the market. Instead of profiting they lose out money, as they'll buy more bitcoin at higher rates.

Taskford

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Quote from: tech30338 on January 27, 2023, 02:57:01 AM

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

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.

Normal for people to get afraid on some situations since we cannot control everything here also our expectation might not gonna meet thru certain timeline we look forward to. But what's important here is eventhough we miss those price go up still we are here gaining profits on the trades we made. Since if we regret those things we don't own well maybe we might live on unrealistic things that can destroy our focus.

hatshepsut93

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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.

Cantsay

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Sometimes selling out a low price might turn out to be a good thing eventually most especially when you're dealing with a shit project. But in the case of Bitcoin there are reasons why a hodler might decide to sell his/her coins despite the fact that market is going pretty well most of the reasons have already been listed in Op while another that I have experienced is because of some personal issue. Although one shouldn't regret when he/she sells off his holdings too early, they should just take it as a sign that it wasn't their time to make profit from the market.

Recently, I have seen most persons selling off their holdings just because they believe that the price of Bitcoin is still going to drop back to $15,000 or even lower so for them not to miss the opportunity to buy more they're already selling.

passwordnow

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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.

Lucius

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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.

The fears that people have are sometimes justified, but the news that the price of BTC will fall to zero or something similar should never be considered as something that affects our decisions, because it turned out to be only a good tactic to scare weak hands. Sometimes it's good to trust your instincts and not rely on various unreliable news, 90% of which is usually garbage that attracts you with some clickbait headline.

pooya87

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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.

CryptoHeadlineNews

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Quote from: KiaKia on January 27, 2023, 04:11:47 AM

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 of a whooping sum of $22,900 (I.e profit of $6,344).

Cryptomiles1

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What i know that causes this mostly is lack of faith or impatient and poor technical analysis, although we all know or believe that no one can fully predicts the market. But from the past sequence we should understand how it works even though we don't have to trust it with 100 percent but at least 75 percent of bitcoin history shows to be true about it price movement.
We should always understand the types of investment we are making, those who chooses short time may sell of their assets within their predetermined date likewise to those with long time investment, but due to fear they sells without waiting for the maturity period or time.

KiaKia

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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.

Risk is very important if you want to make it in life but play risk with money you are ready to lose, if you see anyone that keeps looking into their wallet from time to time they have invested more than they can afford to lose.

tech30338

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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

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.

Topic: we always regret once the price go up - page 3. (Read 471 times)