Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
No sir, but I'm preparing myself mentally. I believe I've become too emotionally attached to my investment. And I don't think we'll see $12k this year.
Oh ye of little faith.
I did cancel my sell order @ $12.5k tho.
Gonna chill out for the next few days and see how things are looking Monday.
Mmm. Beer...
I had faith at $400. At $9k I think Wall street is toying with me. I ain't mad at it. But still..
I think that we call that being over invested, so yeah, you should have been taken out profits along the way in order that you would not feel like this - yet that is water under the bridge because we cannot go back and actually do the could have, would have, should have... . The only thing that you can do is act upon the options currently, rather than what you should have done... in order to lessen that the amount that you feel this way.
By the way, I think that we all feel the way that you feel a little bit, no matter what our having had sold some on the way up, because we conclude that we could have sold more and been able to buy back more - however, there are ways to prepare in order that the degree of the feeling does not cause such stress that we are acting on our emotions rather than logic.
My lack of planning has been a problem, as you know.
Sometimes it can be difficult to fix - and a kind of personality trait... .. but maybe that is a kind of personality trait that makes you so fun (and special) in your own ways, too? or not?
Sometimes you can just play your position partially, instead of blowing your whole wadd on your fear in order to achieve the relief that you feel that you need....
So instead of panic selling 100% of your BTC or some large amount, instead you might decide to sell a smaller amount, such as 10% or 15% and then feel better to ride just ride the rest out.
It can be kind of difficult for us to know from the interwebs without knowing some details, and ultimately, you are the one that has to decide to attempt to pick the approach that best works for you and your circumstances while attempting to continue to learn and tweak your approach so that you can get better at NOT feeling stress, perhaps.
In other words, pee pare ur selfie for DOOM!!!!!!