I am felling very sad after selling btc at $80K price, was holding for almost one year.

djsobuj

djsobuj

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After DCA for one year, my buying avarage was 77.5K, I get around $900 profit, but now btc is 86K (could get a 3K profit), I sell at 80K and next day btc did this pump, and now I am felling very sad, should I buy again in this price or wait for price correction?
 
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If you sold at $80K and still made a substantial profit, you should be happy with the result. When investing in crypto, you need to know when to take profits and walk away. Don’t be too greedy.
 
djsobuj said:
After DCA for one year, my buying avarage was 77.5K, I get around $900 profit, but now btc is 86K (could get a 3K profit), I sell at 80K and next day btc did this pump, and now I am felling very sad, should I buy again in this price or wait for price correction?
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You're basically gambling your money. And you ask us if we suggest you gamble more?
Techz said:
If you sold at $80K and still made a substantial profit, you should be happy with the result. When investing in crypto, you need to know when to take profits and walk away. Don’t be too greedy.
Click to expand...
Greediness is the reason why people losing their hard earned money. Because they follow the mass. Meanwhile institutional investors have gotten in, out and already have a good chunk of profit in their pockets.
 
I wouldnt chase it just because it pumped after selling. You made a profit so stick to a plan and avoid making the next trade based on regret.
 
It's a very greedy thing to play you should n't buy back and sell it instead of thinking it will go up it could also drop no ones knows the market. So its the best you sold it and made some profit if you buy again and gets loss then what? that doesn't sounds good to me instead focus on some other things and forget it that you have sold something
 
My recommendation is to enter the market in stages; it is the best decision you can make right now to protect yourself both emotionally and financially.

This is known as dollar-cost averaging. By not putting all your money in at once, you reduce the risk of buying right at the "top" should the market decide to correct tomorrow, while simultaneously eliminating the anxiety of missing out if the price keeps rising.
 
Don’t beat yourself up. Nobody can time BTC perfectly. If you believe in your long-term plan, consider continuing DCA rather than trying to predict the next correction.
 
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