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by troydavis 1957 days ago
> I know the answer on some levels is therapy. Is there any other advice besides get over it and therapy though?

A third approach is to acknowledge that, indeed, if you could predict the future, you’d be fabulously wealthy, but there’s nothing different about this example than any other one. If you’d purchased Tesla in January 2020, you’d be up about 8x, if you bought call options on X in Y, etc. The fact that you owned Bitcoin at one point doesn’t make it any more or less applicable, since you could have bought it at that time anyway.

If you want to beat yourself up over something, pick a decision that had a positive NPV at that time, not a decision that requires seeing the future (like this one).