Post
Topic
Board Altcoin Discussion
Re: Do you regret when you miss selling at ATH followed by a correction
by
abel1337
on 11/08/2022, 21:31:53 UTC
It often become a good opportunity when you sell at a peak and after that the correction come and you buy again with low price but many people miss that opportunity who then regret but I do not regret when I miss that opportunity because I do not do greed and remain satisfied with my current amount of coins and I know in the future the price will grow again to another ATH and my current coins are enough to give me enough profit. With this thought I keep myself tension free.

What is your views and conditions at that time?

everyone will surely regret it if they have gone through times of altcoin bulls reaching new ATH and has been followed by a correction. because the new ATH is unlikely to happen in the near future, but it takes a long time. and if we can sell altcoins on new ATH then we have a chance to get bigger profits. and we can buy it back when the correction occurs.
thats why how important taking profit in every trade. No matter how much return we get from coins, price will do correction or reversal we never know. By taking profits and re analize market, i am believe will make our  portofolio growth faster than just holding.we have more buying power with profits accumulation we got before.
I'm sure that most of us has our own regrets on not taking profit on trades, The common reason of it is because of overestimation of the market and becoming greedy at the same time. There will always be a price correction and retracement on massive pumps and it is expected most of the time. Of course, Actively trading opens new opportunity on having that buying power and getting more profit from your trades. It takes time, effort , knowledge and patience but it is definitely worth it after being satisfied with the profit you earned on trading.