What are your regrets in this crypto space?

[bhadz]

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.

[KryptoBull]

I guess the biggest regret for most of us is not really going into Bitcoin early as we have heard it before. We just keep a cold shoulder, but then there is circumstances that we have crossed path with it again after years and then that's where we realized that it has gone so big.

Nevertheless, as the saying goes, the best time to buy Bitcoin is today and so with that, I keep keep on buying if my budget will allow me and not be feeling like guilt on the supposedly lost time that I didn't invest on Bitcoin.

Perhaps the best time to buy BTC was 15 years ago, and the second best time is right now, as long as investors accept the potential price volatility on the BTC price chart and maintain their belief in this novel asset.

I also have regrets about BTC, but even more so about DOGE, ETH, and BNB because I experienced the early stages of these legendary tokens. I missed out on them, I chased more compelling narratives in the crypto market. This season, I've tried to be more mindful, but I'm still not entirely satisfied with my decisions.

[Alone055]

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

I would say I wouldn't have FOMOed and bought into some of the cryptocurrencies that I bought in the past because they caused me a lot of loss, and I didn't know this before. Whenever I used to see a coin or token going straight up, I would get excited and think that I can make a quick entry and then exit quickly with some profit if I use all my capital because that will maximize the profits, but that's not how things work and you learn this as you spend more time in this space.

Apart from that, I wouldn't have invested in some of the scam projects in the initial days. I was a newbie, and I didn't know much, so I would invest in platforms where they would say I would get good returns. I know, I was also one of the newbies who used to think that earning money from this space is easy and one can earn from such platforms, but I was wrong.

[libert19]

Well, I had some shitcoin back in the day, it was worth ~100 ETH at time, I kept holding it and eventually sold it for much less.

[ZAINmalik75]

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

If I have to start over but with the same knowledge I have now, I would have done only a few things differently, like in trading, I would ignore future trading at all in start to save money that I lost, to hold funds in safer places. In airdrops I would have joined the airdrops I know are really going to give me bigger rewards.

Other then these few things the journey is same even now we can start over with the same information so we can't do anything big still with starting over.

[Rubel007]

Very good question. Everyone who is new to the crypto space must have made some mistakes, more or less. The mistakes that make us regret. Although we may not think much about those mistakes at first, they become apparent with time. If I had the opportunity to invest in crypto again, I would have increased my investment in Bitcoin only. Instead of greedily increasing my investment in shit coins, I would have invested in some altcoins with good fundamentals.

[Crypto Library]

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

My biggest regrets in the crypto space are the investment related ones that I made when I started my journey in this space, I made some investments based on the predictions of some fake analysts which put me in a lot of trouble in my beginning.
And my current regrets are that when Bitcoin touched the milestone of 109k on that time in polygon and dogs, I was in profit after recovering from the loss, but I did not sell and the result is that I am now bearing more losses.

[Z-tight]

Well, I had some shitcoin back in the day, it was worth ~100 ETH at time, I kept holding it and eventually sold it for much less.

This story is very common in the industry and it has happened to a lot of people. When i joined the industry, one of the things i learnt early is that altcoins are short term investments, so there is really no reason to hold them for too long, or else you would end up regretting it and so many people learnt the hard way.

[bayu7adi]

This story is very common in the industry and it has happened to a lot of people. When i joined the industry, one of the things i learnt early is that altcoins are short term investments, so there is really no reason to hold them for too long, or else you would end up regretting it and so many people learnt the hard way.

It would be better if you could provide a solution to that regret... memecoin is an asset with a very crazy fluctuation... do a sell trade at a certain price if it keeps you in a profitable position, then, be grateful... and if you see another ATH after you sell it, then never think you are a mystic who can predict it...

Actually, the regrets that I read too much are because of their greed,,,, regretting not holding longer, still refers to greed...Rather than regretting it, it's better to forget it and do your best next time.

[LogitechMouse]

Well, I had some shitcoin back in the day, it was worth ~100 ETH at time, I kept holding it and eventually sold it for much less.

Lesson learned. Don't worry. It's not only you that had the same experience. There might be some that had even more money invested into some shitcoins.

Still, around 100 ETH is still a huge amount of money considering how much 1 ETH is right now. I guess it's good on my part that I'm not the type of investor that puts some money on some coins that I know that has no value in the long run, or some shitcoins out there or else... I might've the same fate as you had back then.

[libert19]

Well, I had some shitcoin back in the day, it was worth ~100 ETH at time, I kept holding it and eventually sold it for much less.

...

Still, around 100 ETH is still a huge amount of money considering how much 1 ETH is right now. I guess it's good on my part that I'm not the type of investor that puts some money on some coins that I know that has no value in the long run, or some shitcoins out there or else... I might've the same fate as you had back then.

That shitcoin was bounty reward, I didn't invest. Also, long term holding actually worked out there, it was floating at peanuts for couple years before it blew up.

[Z-tight]

Actually, the regrets that I read too much are because of their greed,,,, regretting not holding longer, still refers to greed...Rather than regretting it, it's better to forget it and do your best next time.

Greed is very common in the crypto industry, it is not only a reason to regret a missed opportunity, but it is also a major reason why people fall victim to scams. When scammers initiate conversations with their victims, the victims usually have this tiny feeling that it could be a scam, but because of what they were promised, they ignore their feelings.

[Sim_card]

Actually, the regrets that I read too much are because of their greed,,,, regretting not holding longer, still refers to greed...Rather than regretting it, it's better to forget it and do your best next time.

Greed is very common in the crypto industry, it is not only a reason to regret a missed opportunity, but it is also a major reason why people fall victim to scams. When scammers initiate conversations with their victims, the victims usually have this tiny feeling that it could be a scam, but because of what they were promised, they ignore their feelings.

When you want to benefit from stories that are too good to be real, you will definitely fall victim to these scammers. This is why one needs to aviod give aways and memecoins promo, because this is where some scammers will lure you into. Be satisfied with what you have and work to build and grow your bitcoin investment.

[Themepen]

It would be better if you could provide a solution to that regret... memecoin is an asset with a very crazy fluctuation... do a sell trade at a certain price if it keeps you in a profitable position, then, be grateful... and if you see another ATH after you sell it, then never think you are a mystic who can predict it...

Actually, the regrets that I read too much are because of their greed,,,, regretting not holding longer, still refers to greed...Rather than regretting it, it's better to forget it and do your best next time.

You are right that when you make profit you should take it and be happy. Memecoins go up and down in price so wildly that trying to sell exactly at highest point is almost impossible. If you sell and then price goes even higher you should not beat yourself up thinking you could have known.

You also made great point that more regrets in trading come from being too greedy. When people say I wish I hold longer it is usually because they want to make more money this shows greed level of any person. It is good to learn from what happened but it is not helpful to keep thinking about money you could have made. It is much better to forget about past and try your best to make good choices in future.