Afraid to pull the trigger
IDK how many times now that I have thought about making some sort of trade in the cryptosphere, and didn’t. Regretting it the next day for the possible gains I could have received. The other day when XRP exploded, I wanted to sell around 19k. I thought, “The rally definitely seems to be over.”
Instead of selling, I thought I would just hold on, for fear of losing out on future gains, or making a mistake and buying back in at a more expensive price, and losing XRP. (This is something I have done before.)
This Isn’t The First Time
I had thought about investing into ADA back when it was around rank 15-20.
BTS? I wanted to buy BTS at $0.06
Now, I regret not moving some of my other investments into these cash cows as they exploded upwards. I was stuck in a root of wanting to hold onto my Ethereum. Failing to look at it from a leveraging standpoint and understand that I was simply trading from Ethereum to maximize my Ethereum.
Tell Me About A Time
What was a time you guys failed to pull the trigger? Doesn’t have to be related to crypto. Did you not buy a house when you should have? Failed on a car deal?
What changes are you making to try to stop your fear of taking the chance? Or are you happy that you don’t take these chances, even if you are missing out on further profits?
-BiasNarrative
Do you understand your keys?
I bought ADA around 9 cents... But I had no idea what it was or what it did. It was an impulse buy... I watched it start to fall and sold impulsively as well. Overnight it skyrocketed 100+% and subsequently since lol. Still feel dumb for selling so impulsively (even tho the buy was impulsive)
Haha, I did this with EOS bought at $0.67... sold at 1.02... both impulsively.... Didn't think to HODL.... Bought back in at 2.00... much smaller amount :/
Lol. I think im the only person who lost money on ADA
I sometimes forget to place my sell limits up and miss out because I am not by my computer then kicking myself in the ass because I lost out on some profit by forgetting to set it to sell at my sell point. But it is what it is, and I figure what I have invested is profit investments, so if I miss out on one or two, hopefully the others will make up for it.
Never invest more than you can afford to lose. And if you are smart you make your profit and take your investment out at some point and only keep profits invested to grow. Then you don't worry about the loss and gains as much. And can take bigger risks.
That is a really good point. I have been thinking about this. My profits are a lot more than what I have put in. If I take out the little amount that I have left in, I will definitely care less about the remainder.
Thanks for the response. I think I am going to do this before the end of the year. Aka, tonight. Will think on it.
Yah same thing was happend in my too also..i am also want to buy the btc at the cost of little bit low after buying that next day value will be down what i bougt yesterday really i felt so bad that time ... in sttemit also present the value of steem is down ..in crypto field every december week end is trading values is very low so hope that defunantly it wilo grow high in startimg of 2018... keep coins in your whatever you have....
Happy new year to you and your family
when you get some profit withdraw or sell the tokens and invest in other ..this will protect from you from feeling of regret and you will not be double minded ...i do the same ..one month ago i invested in ethlend , it is now 15x than i invested so i sell some token because i got 15x profits and invested in decentbet... @technogirl idea is the best ...take your investment out at some point and only keep profits invested to grow...
thankyou
hahh!! same thing for us :/ well, i guess only time will tell, we keep second guessing!!
Amazing in a few day ago..
XRP rising to the moon..
May a few day ago.. We looking XRP $5.
That awesome price..
@biasnarrative
Nice initiative, keep it up @biasnarrative
Nice post @biasnarrative