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Author Topic: What are your regrets in this crypto space?  (Read 1475 times)

Online Rubel007

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Re: What are your regrets in this crypto space?
« Reply #45 on: May 02, 2025, 07:55:47 PM »
Hello everyone, so quickly, what are those areas or aspects you think you should have done things differently or better if you were to start back from the beginning in this crypto space?
There are newbies that will love to learn
Always take profits whenever the market is in bull run. You'll thank me later when you have that mindset or when you have changed your mind from not taking profits into taking one. That's what I've learned from being in this market for a decade and it really taught me a lesson with all of those experiences that I have got and it's the thing that I have lacked for and so, it is one of the regrets that I am correcting now.
Of course, nobody would be happy when he misses out from taking profits when he had plans to do that but didn't sell at the right time for a bigger profits. I am only three years in the cryptospace and I haven't experienced a bull run. I planned taking little profits from my bitcoin investment when the price hits 100k but I didn't because I was carried away with over excitement. I am still waiting though.
Not everyone is able to take profits even after reaching the highest level. Especially if they do not set a profit limit. I have seen some who were very enthusiastic about selling Bitcoin at a price of 100k but when the Bitcoin price crossed 100k they became even more bullish and said that they would sell it when it touched 120k. But after a few days when the big fall happened they regretted it. Everyone in the crypto space has regrets less or more. But those who gain experience in the market and sell it as soon as it reaches a certain level may be able to sell at their expected price. But if emotions are not kept under control, there will be more regrets.

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Re: What are your regrets in this crypto space?
« Reply #45 on: May 02, 2025, 07:55:47 PM »

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Offline SamReomo

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Re: What are your regrets in this crypto space?
« Reply #46 on: May 02, 2025, 11:49:09 PM »
Always take profits whenever the market is in bull run. You'll thank me later when you have that mindset or when you have changed your mind from not taking profits into taking one. That's what I've learned from being in this market for a decade and it really taught me a lesson with all of those experiences that I have got and it's the thing that I have lacked for and so, it is one of the regrets that I am correcting now.
Well said, and that's what everyone should understand, one has to sell out and take profits time after time if that person really wants to earn some return on investment. The bull run is the time when one can really take profits from those investments that he/she has made in bear run. Personally, this bull run I've made some good profits and increased my portfolio to some good levels. It's fun to take profits and buy when you see dips or the market goes bear. My advice to everyone is to always have stable coins like USDT in reserve for bear market, you'll thank me later as well.
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Re: What are your regrets in this crypto space?
« Reply #46 on: May 02, 2025, 11:49:09 PM »

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Offline Dr.Bitcoin_Strange

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Re: What are your regrets in this crypto space?
« Reply #47 on: May 03, 2025, 11:56:47 AM »

Just like some have already said, my greatest regrets is not buying bitcoin at the early stages. I think back then I knew what it was but don't trust any thing online so I literally just focus on better things and tried not ruining my plans for the future. Until now, I wish I could have a time machine and go back to buy some BTC when it was just $1... I guess so many people missed that opportunity or some knew of it's existence but threw away the opportunity...

Exactly, this has been most people regrets in the journey of crypto.
When they introduced crypto in the early days, people rejected it, and those who even accepted it, did not take it serious, because they all think that its a scam, so no need to more effort in it. Though its not actually their fault, because the awareness has not be spread out as of then,  and also the way corruption is increasing each day, people will hardly believe what one is telling them, especially in investing on what they can see or touch is very challenging but thank God, the knowledge is now widely spread now and has always be of help to most people.

 

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