Sell your BTC for $18,000, are you not wrong to sell it? Why don't you wait for BTC to rise again? even in a bear market like today, BTC is still stable in the $19,000 price area. You make decisions too hastily without thinking about the long term. and what's worse, you are short at the price of $17k which is the strongest support that still can't be broken.
It seems you need a little rest and self-control which should be better.

Sometimes the biggest lesson is to make a mistake. Most of the transactions made without knowing the structure of the market result in a loss. So we have to act very carefully. There is no such thing as a 100% guarantee in the market. It's the same with investing. All of them have certain risks.


The direction of the market is still unclear. So I think it's too early to talk like that.

I wouldn't be in a haste to go in if I were the OP. I will wait for today to pass because I believe there will be a correction downside to what price did by tomorrow or so. OP shouldn't be in a hurry to trigger a buy trade. Just relax and watch paint dry.

OP sold at $18,000 and made some gain but felt that Bitcoin was going to crash and then they sold/shorted it at $17,000 hoping it would hit $15k or lower, only for Bitcoin to zoom pass $18k and even $19k now. That's what I garnered from what OP narrated.

Sorry about your wrong decision bud, this is not something new, alot of us here has made similar mistakes and alot are still going to make same mistakes as long as the market continues to exist and bitcoin continues to remain volatile with its price.

This is why I always advice some of my friends, when buying bitcoin with a long term mindset, it makes no sense being concerned about the current price, looking at the current price will only lead to mistakes like this of the op.

I hope no body makes similar mistake (which I believe alot are still gonna make by the way) and I also hope that when we make such mistake, I gather the balls to buy back at a higher price instead of totally losing out on a pump.

Right. Whatever you think is right, then do it. Do not just rely on others for your decision making, do your part searching for the right thing to do because at the end of the day, it’s you who will decide what’s best to take and disregard others.

For me, I would rather wait for another good price to buy back bitcoin when its price will drop again and reach another bottom. That way, I will never have to worry and think about my future losses.

Yes, you are correct. Even if a mistake was made, which is what the OP claims, I do not see why that would be such a big deal. I guess I'm just not convinced that a mistake was made. There is no way to know for sure, of course, but there is also no reason to assume that this is anything more than a simple case of nonsense talk.

OP, if you really sold at $18k, and you think it was a mistake, then why not buy back and correct that mistake? Anyway, good luck with whatever you choose to do!

If you are worrying too much, then do not wait for another bitcoin price since the current price is still a good buy. Though you may experience losses for now, but for certain you will get huge returns in the future. However, waiting for another price drop too is still a good decision but I can’t tell when it will be happening seeing bitcoin price starts to pump these days.

It's not obvious that we won't fall below $18,000 again. We could very easily do so, and in fact I think it is more likely than not that we will fall below $18,000 within the next couple weeks.  I simply don't see any indicator that bitcoin will shoot much up further than where it's at right now.

In regards to selling, just buy back in a do some dollar cost averaging.  This way you can give yourself a chance to buy lower if it goes back down, which it more than likely will in my opinion.

It could still go lower if you could stay solvent long enough. It seems like you’re viewing things in too short of a period. Bitcoin is down more than 2/3s since the all time high. That’s not when you want to short. The best bears are the ones shorting as we come off all time highs. The risk reward points to you wanting to be long here. When people are screaming Lambo and you hear stories of peopling making millions in a day, that’s when you want to start going short.

We will know for sure that 19k is no longer possible only after the price gets much higher.
But on paper, yes, things start looking good (although I disagree with the "economy is strong" part), also it kinda matches the 4-year cycle movements.

Whether you deserve this or not... it's always debatable. I hope you've bough back at least some of the loses.

PS. Keep in mind that HODLing tends to be more fruitful and less risky than trading.