Quote from: Muslimin mj on Today at 11:14:13 PM

Quote from: motun01 on February 18, 2021, 09:40:43 PM

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?

every trader must have experienced something like what you have experienced. and in my opinion there are 2 factors why we can experience this. First, we were worried that the altcoin we were holding would experience a decline in price and it turned out that the altcoin had increased. second, we already have an initial target that we will sell at the price we have set. So even though we are a little sorry, we have benefited from it and we can start looking for our next target.

I can say, most of us experienced that kind of situation and will still be experiencing that again and again. Even long time traders like us can still experience the same but what can you do if you need to trade the coin you have. You can't forever hold the coin. So at some point, you will decide to sell it especially if you need some cash. What I do to deal with this scenario, is not look back after I trade. Because I know, once I executed the trade, that's it. You can't reverse the process unless you want to buy again at a higher price.