Post
Topic
Board Altcoin Discussion
Re: Do you get mad when the price of your cryptos go higher after you have sold
by
Fortify
on 10/05/2021, 18:25:55 UTC
I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.

Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets. 

Do you also encounter this? And how do you deal with it?

You simply have to let it go and move on, the alternative is letting it eat you up with regret - nobody should want that. I've made plenty of investing mistakes in the past and one key point that has been missed: Don't be afraid to cut your losses either. I've bought company shares in the past, figured out it was a bad decision and then decided to sell after losing half my money (only a few hundred) but the share continued to drop until it was worth 10% of my original purchase amount. I was actually happy to only lose 50% instead of 90% of my investment and that itself is a good lesson to learn. Keep emotions out of it and accept that everyone is able to make wrong decisions, it is what you do after re-evaluating the information that truly makes a long term great investor.