Regret is an inevitable state of mind in crypto at one point or another:-
why didn't I buy that coin when it was $0.50?
why did I sell this coin early?
why didn't I take profits on the way up, only to see the value fall 50% in a market crash? (a lot of us in the last crash!)
why didn't I buy the dip?
why did I FOMO and buy at the ATH and now I'm holding an unrealised loss?
why didn't I buy more of this coin?
We're all going to make "mistakes" that lead to a feeling of regret and self-admonishment.
I have a couple of strategies here to help me dampen the feeling of regret.
1. I have to realise that regret is largely based on a "maximalist"/perfectionist mindset, which is both unrealistic and unhealthy. We are attached to the notion of maximising profits. But what would that involve? It would involve being the perfect, machine-like investor. Always buying low, selling at an ATH, taking profits at the perfect time. It's an impossible standard to live up to.
Very well worded thread, mate! Love it! The real problem here is actually we can't handle our emotion when we get losses. We only want our trading profit works perfectly based on our calculation and mindset. My suggestion, just keep calm. Crypto is not something can die instantly as long as it still has a value. There is still demand for it if business that runs it still lives there make money for us.