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Topic: we always regret once the price go up (Read 471 times)

sr. member
Activity: 2086
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Vave.com - Crypto Casino
February 08, 2023, 02:25:44 AM
#60
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.
hero member
Activity: 1498
Merit: 711
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February 07, 2023, 05:35:46 PM
#59
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.
sr. member
Activity: 924
Merit: 365
February 07, 2023, 04:49:02 PM
#58
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.
full member
Activity: 334
Merit: 121
February 07, 2023, 11:06:54 AM
#57
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.
hero member
Activity: 2268
Merit: 588
You own the pen
February 07, 2023, 06:38:10 AM
#56
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.
legendary
Activity: 1946
Merit: 1157
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February 06, 2023, 01:47:54 PM
#55

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.
full member
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February 05, 2023, 04:50:07 PM
#54
  • fear of price going to zero
This usually happens if someone is too easily consumed by FUD, so they will have very high worries if the coin will drop a lot and become 0 or dead coins. For altcoins, this might be the case, but for Bitcoin, this is just a very drastic worry, because Bitcoin is unlikely to be 0 in this bear market.

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.
hero member
Activity: 1484
Merit: 928
February 05, 2023, 04:45:49 PM
#53
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.
hero member
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February 05, 2023, 04:32:40 PM
#52
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).
The best possible way to invest in bitcoin that will give some level of comfort and not be overly dependent on the outcome of the price in a short term is by investing in spear funds that you can let go for a while let's say a minimum of 6-12 months.
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.
sr. member
Activity: 2338
Merit: 365
February 05, 2023, 02:27:23 PM
#51
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.

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.
legendary
Activity: 3374
Merit: 1824
February 05, 2023, 07:03:13 AM
#50
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.
hero member
Activity: 1470
Merit: 790
ARTS & Crypto
February 05, 2023, 03:22:03 AM
#49
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.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
February 05, 2023, 02:07:11 AM
#48
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...
hero member
Activity: 1050
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God is great
February 03, 2023, 02:44:59 PM
#47
  • Needed the money and don't want to lose big
When you are investing in crypto, it's always advisable you invest any amount you won't be using at that particular time, if you invest the money which you will be using within a short particular time, then you might endup selling your coin at loss. Immediately you need the money which you invested, then the next thing to do is to sell your coin which you might be at loss. Also do not invest all your money in crypto, always invest any amount you can afford to lose incase if anything happen to the coin you are holding, but it's always advisable to invest in only bitcoin because altcoins can't be trusted.
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.
sr. member
Activity: 1610
Merit: 264
February 03, 2023, 01:08:54 PM
#46
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.
sr. member
Activity: 1148
Merit: 346
February 03, 2023, 12:41:01 PM
#45
  • Needed the money and don't want to lose big
When you are investing in crypto, it's always advisable you invest any amount you won't be using at that particular time, if you invest the money which you will be using within a short particular time, then you might endup selling your coin at loss. Immediately you need the money which you invested, then the next thing to do is to sell your coin which you might be at loss. Also do not invest all your money in crypto, always invest any amount you can afford to lose in case if anything happens to the coin you are holding, but it's always advisable to invest in only bitcoin because altcoins can't be trusted.

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.
legendary
Activity: 1708
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February 03, 2023, 12:31:25 PM
#44
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.
full member
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February 03, 2023, 11:36:36 AM
#43
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.
newbie
Activity: 16
Merit: 0
February 03, 2023, 07:06:59 AM
#42
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!
hero member
Activity: 1484
Merit: 928
February 02, 2023, 08:44:52 AM
#41
  • Needed the money and don't want to lose big
When you are investing in crypto, it's always advisable you invest any amount you won't be using at that particular time, if you invest the money which you will be using within a short particular time, then you might endup selling your coin at loss. Immediately you need the money which you invested, then the next thing to do is to sell your coin which you might be at loss. Also do not invest all your money in crypto, always invest any amount you can afford to lose incase if anything happen to the coin you are holding, but it's always advisable to invest in only bitcoin because altcoins can't be trusted.
sr. member
Activity: 1316
Merit: 422
February 01, 2023, 11:14:15 PM
#40
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.

legendary
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February 01, 2023, 12:58:21 PM
#39
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.
legendary
Activity: 2268
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To the Moon
February 01, 2023, 07:35:01 AM
#38
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.
hero member
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January 31, 2023, 05:51:10 PM
#37
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 🧑‍🦰
full member
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January 31, 2023, 05:40:15 PM
#36
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.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
January 31, 2023, 04:53:00 PM
#35
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.
sr. member
Activity: 602
Merit: 442
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January 31, 2023, 12:09:10 PM
#34
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.
sr. member
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January 31, 2023, 11:45:27 AM
#33
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.
legendary
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January 31, 2023, 11:42:32 AM
#32
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.
hero member
Activity: 812
Merit: 560
January 31, 2023, 11:27:09 AM
#31
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.
full member
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January 31, 2023, 10:31:44 AM
#30
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.
sr. member
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January 29, 2023, 06:00:22 AM
#29
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. 
hero member
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January 28, 2023, 07:15:39 AM
#28
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. 
legendary
Activity: 2268
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To the Moon
January 28, 2023, 06:43:58 AM
#27
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.
hero member
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January 27, 2023, 11:55:14 PM
#26
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.
full member
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January 27, 2023, 10:59:48 PM
#25
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.
hero member
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January 27, 2023, 06:43:46 PM
#24
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.
sr. member
Activity: 812
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Vave.com - Crypto Casino
January 27, 2023, 12:28:30 PM
#23
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?
hero member
Activity: 1064
Merit: 501
January 27, 2023, 12:16:43 PM
#22
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
sr. member
Activity: 378
Merit: 258
Lohamor Family
January 27, 2023, 11:15:14 AM
#21
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.
legendary
Activity: 2814
Merit: 1192
January 27, 2023, 10:34:21 AM
#20
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.
sr. member
Activity: 1960
Merit: 329
January 27, 2023, 10:23:55 AM
#19
  • 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.
legendary
Activity: 2436
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Need Campaign Manager?PM on telegram @sujonali1819
January 27, 2023, 10:05:24 AM
#18
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 Grin

When I remind back these situations I just laugh and call myself a failure Smiley
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 27, 2023, 09:29:08 AM
#17
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!

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?
sr. member
Activity: 770
Merit: 266
Payment Gateway Allows Recurring Payments
January 27, 2023, 09:15:31 AM
#16
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.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
January 27, 2023, 08:51:24 AM
#15
~
  • 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.
copper member
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Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 08:18:02 AM
#14
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.
hero member
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 08:10:59 AM
#13
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.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
January 27, 2023, 08:01:26 AM
#12
  • 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.
hero member
Activity: 1274
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Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 07:42:22 AM
#11
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.
hero member
Activity: 2520
Merit: 783
January 27, 2023, 06:48:07 AM
#10
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.
legendary
Activity: 3024
Merit: 2148
January 27, 2023, 06:35:49 AM
#9
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.
hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
January 27, 2023, 06:30:24 AM
#8
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.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 06:26:29 AM
#7
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.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
January 27, 2023, 05:58:11 AM
#6
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.
legendary
Activity: 3472
Merit: 10611
January 27, 2023, 05:43:06 AM
#5
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.
hero member
Activity: 1092
Merit: 747
January 27, 2023, 05:36:08 AM
#4
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).
full member
Activity: 798
Merit: 134
January 27, 2023, 04:59:40 AM
#3
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.
sr. member
Activity: 728
Merit: 388
Vave.com - Crypto Casino
January 27, 2023, 04:11:47 AM
#2
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.
full member
Activity: 728
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Defend Bitcoin and its PoW: bitcoincleanup.com
January 27, 2023, 02:57:01 AM
#1
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.
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