I have started to invest in crypto currency 2 months ago, invested in 8-9 coins about 10.000$ in total. This was the amount I thought I wouldn't mind if I loose. In a week, my investment went up to 20.000$ and didn't sell anything and was very happy with the situation. Then I experienced that the market is so volatile and my blockfolio was showing everyday +-1.000$ . When the date got closer to August 1st, I wanted to prepare myself to buy low as I anticipated the crash. I have sold 3-4 of my coins all with gains (not as much as I wanted but still gains) with the thought that I will re-buy them with a larger amount. I was increasing my USDT and was happy with my preparation. I had 1661 coins of my favourite (I will not name it) at 3.28$ in the very beginning. This coin went up to 10$ during the last 2 months but didn't sell it as I trusted in this coin very much. Last Monday I sold all my 1661 coins at 4.11$ with the hope and thought that I will re-buy them at around 2.5$ during the expected crash this weekend and I thought I would increase the number of my coins. However the things didn't go as I expected. I have very soon realised that I sold them too early but was hoping to have a dip/crash and this never happened. I just watched the coin to increase and increase, it caused a lot of pain. During this period, I bought back with small amounts at 5.08$, 5.10$, 5.13$ 5.56$ and 6.64$, now I have 603 coins which is less than half of what I had. I am still keeping some fiat to buy it cheaper but now it is over 7$. I feel so bad about the mistake I made. I didn't loose any money but I feel like I missed the train. I am still hoping that the price will come back down so I can buy but it doesn't seem like it is the case. I have learned my lesson, I should have invested more instead of selling. Now I feel like the only way to feel better is to have the same amount of coins which I had before even if I have to pay more. I am still holding other 5-6 coins and they are all bringing values but the mistake I made with this coin impacted me a lot. During the day I cannot think of something else and i blame myself a lot for selling all. I didn't sell with the fear that I will loose money, I sold them to re-buy cheaper and at the end hoping to have more coins. Did anyone experience a similar situation and do you have suggestions so I can feel better?
Thank you.
wellcome on board!
Next lesson is : go long or short on a random coin in marging trading and burn all your btc in one poloniex lag.