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THE TRADER'S CONUNDRUM: WHY DID I SELL.

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@nonsowrites
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I know trading is not my forte but I got excited yesterday because I was having a little FOMO fever and I decided to swipe my hive for some usdt in anticipation of a dip sometime this week so I can buy some bitcoin because I believe it was getting to reach another ATH in the coming weeks. Well, long story short, hive went up by 10%, and judging by the looks of things, there are no signs of any dips.

Regret is a fundamental part of the trading experience. There is always a reason to feel bad about your decision to sell or even hold. Even in times when you take profit, it seems inadequate after a big pump.

We just can't get enough…

*HODL OR NOT?

Last year I got the uniswap airdrop. Sold at $5 per unit. Today it's worth $19 (per unit). Do I feel bad? Well a bit but I have no regrets. I had no emotional attachment to the project, and I knew nothing about it. So I sold and the money came in handy as I invested most of it in a long-term project.

I believe that we all have a threshold or should have one when we invest. I know people who are big on holding and have made enough but still haven't change the quality of their life. It baffles me how some people have so much and operate from a position of lack. They are still holding for whatever reason they see fit. It is that decision. However, I have been able to improve the quality of my life from my crypto earnings and I don't regret it.

Secondly, our realities are different. I haven't heard of a few people who haven't sold their hive or Leo tokens. That's because they don't need to. I envy such people because it is a luxury and they didn't get to this point by holding. They have other things going on for them outside the crypto space. It is important to me that I get to that position too.

I try to identify and quantify my goals. I want a diverse portfolio of not more than 5 coins that I can follow closely. Spreading myself thin isn't an option. Top of my list now is Leo. I believe the next 1-2 months are crucial because things are about to blow up here faster than we can think. So stake up!

So in a nutshell, I don't believe there is a perfect time to sell. So the best thing to do is determine what your threshold is. What are you willing to hold? How long are you willing to hold? Answering these vital questions helps you navigate through the market with some clarity.

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