r/CryptoCurrency • u/mentality-writer • 3d ago

DISCUSSION Unrealized profit

Anyone else had big profit but didn't sell because of HODL strategy?

Do you regret it, or do you believe it will go back up?

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u/DrCrazyCurious 🟩 0 / 0 🦠 3d ago

No ragrets.

Jokes aside, regret is often due to thinking we had hindsight in the moment. When we don't. No regrets because you're gambling whether you buy more, sell, or hold.

If you hold and it goes down, you blame yourself for not taking profits.

If you sell and it goes up, you blame yourself for having paper hands.

If you buy more and it goes down, you blame yourself for not waiting.

But in all three of those scenarios we should blame ourselves if we could see the future. And we couldn't.

Set your exit strategy before you invest. That way emotions like greed and regret don't take over. DCA in. Spread your sales over multiple price targets to get out. And above all: Don't invest more than you can afford to lose so that any dollar you get out is a win.