A Confession: After 5 years of hodling, I finally sold - page 2.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

Quote from: Bitstar_coin on January 09, 2021, 01:12:43 PM

Selling all your shitcoins to buy btc is always a good idea and it is not something to regret, some alts are really not worth holding anyways, you will probably get more value holding btc than keeping the shitcoins.

That's why I also invested on ETH and it is really giving some of us a huge profit, bitcoin is not the only cryptocurrency who are in a bullish market so try to widen your investments. If you think that a certain altcoin is really just a shitcoin then do not invest on it. Always prioritize your bitcoin because it can hardly affect your cryptocurrency investment as it is really the most popular ones because it is approaching the mainstream. Be mindful and always updated on when you will sell those coins. Always monitor the market and keep up depending on your desired price.

aoluain

legendary

Activity: 2282

Merit: 1268

Quote from: Sithara007 on January 09, 2021, 11:58:10 PM

LOL... so the OP purchased more coins at $40,000 per coin. It takes a lot of courage, to go for an asset when it is at ATH, especially when everyone is talking about an impending correction. I personally know a few people who purchased BTC at close to the then ATH levels in 2017. Only one of them held on to the coins when the prices crashed in 2018. And the others are regretting their decision to get rid of their holdings.

By this reconing nobody will be buying BTC going forward until it drops back
to a "corrected" value, which isnt true

Look at this thread > https://bitcointalksearch.org/topic/--5304522

Title - Are people buying BTC @ $27000+ idiots?

Well we might not see $27000 again, same as $40000 in the not too distant future.
There is talk of a "correction" but that might not happen until $80k or $120k.

Latviand

full member

Activity: 1540

Merit: 219

I will wait for bitcoin to reach $45k again, I didn't sold my bitcoin when it reached that price because I though that it can reach $50k mark.

I'm pretty sure now that I'll sell my bitcoin when it reaches $45k and there's no turning back that's why I'm patiently waiting here.

This is really what we are waiting for, some maybe sold their bitcoin at $20k, $30k, or $40k, but for me, I'll just have my own decisions and preferences to make my holding profitable.

Bitcoin577

member

Activity: 168

Merit: 11

This is very good idea to sell all shit coin and buy some bitcoin because bitcoin dust is more profitable than other shit coin in high value.
At this time bitcoin crossed 41k and 50k+ is next goal to be achieved. I hope bitcoin will get this in short time.
Shit coin is very less profit able this why i always buy bitcoin and didn't care of shit coin in my wallet.

Yamifoud

hero member

Activity: 2744

Merit: 517

★Bitvest.io★ Play Plinko or Invest!

Quote from: michellee on January 10, 2021, 04:40:28 AM

It is not easy to hold the coins for more than 5 years.

5 years in holding isn't an easy thing to do honestly, and we can't make it if we are thinking that crypto investment gives us returns instantly. This simply burns us holding for that long and even 1-2years is already a big challenge for us, especially for impatient people.
That to say that not all have that kind of thinking, not all have the guts to hold for that long.

Congratulations to those holders who never miss this opportunity. The price is so crazy and the rewards of their long-long wait are very sweet.
I'm in early seller but still thankful that I'm still profiting.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

If you were selling bitcoin at this high price, you make a lot of profit, congratulations, and recover your losses. If you sell your altcoin while the price does not increase so high, you can not make a big profit if the price does not hit the highest price than the price you bought the coin. But if you want to buy back bitcoin, I suggest you wait for a while until the dips come, so you do not buy bitcoin at a high price. It is not easy to hold the coins for more than 5 years.

Alucard1

full member

Activity: 574

Merit: 125

That was a good move buddy, you have done. a good thing to your life, believing and holding bitcoin for a long term is such a good thing, if you have invested your money 3 years from now then for sure you have already gained huge profit. Selling shitcoins and buying bitcoin is such a good decision, I have already done the same thing but I still keep on hodling it and wait for some time before I pull it out.

rodskee

full member

Activity: 2394

Merit: 198

★Bitvest.io★ Play Plinko or Invest!

Quote from: arbiter5 on January 09, 2021, 12:54:32 PM

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.

PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

But what about the Holders Who only HODL by Words but never Bought or Hold a single Bitcoin ? do we have to congratulate them as well ? Grin

I felt a Little Bitter because i have converted more of my Bitcoin into altcoin but at least i have some good amount stays in my Folio.

Quote from: arbiter5 on January 09, 2021, 12:54:32 PM

edit: apparently people are missing the joke

Well that's what we all Missed mate , Because at some Point many People here are because there are many serious matter now that needs to faced.

manfredmann

member

Activity: 518

Merit: 21

Congratulations my friend. You are already a legend having btc for five years is not a joke. Actually you have a good hands and good patience especially when the market for bitcoin was crashing im which btc almost went down to 3K$. I thought that bitcoin will going to end. I was afraid that time then later on regret that I sell my bitcoin at low price. So sad but it really hurt me deep inside of fail investment.

samputin

sr. member

Activity: 1036

Merit: 294

That's a long time of hodling. And I'm impressed you weren't tempted to sell even just a little within those five long years. Because even I'm just holding for like more than a year, I'm slightly being tempted to do so especially with the current price but.....

Quote from: oktana on January 09, 2021, 06:46:21 PM

Lol, not that I wanted it that way, but I came here to read something like "I finally sold my Bitcoin." Anyway, I'm happy for you having bought more bitcoin, and if you'll take my advised; hodl your Bitcoin even if the price looks enticing, it'll have greater value soon.

.. thanks for this dude. I know this message is meant for op, but I'll also take the liberty to take that advice. This is just what I need to keep my self from selling. I'll be more patient and wait for that "greater value" soon.

Janation

hero member

Activity: 1722

Merit: 528

A lot of people waiting for the altcoins to follow.

Ever since the price of Bitcoin rallied to what it is right now, people are asking when will altcoins follow. Some altcoins are having their good price movements right now and I don't know how many will follow but I will still stand with Bitcoin. If people just rode the price at $3K, they'll have 12x more of what they have at that time.

Sithara007

legendary

Activity: 3164

Merit: 1344

Leading Crypto Sports Betting & Casino Platform

LOL... so the OP purchased more coins at $40,000 per coin. It takes a lot of courage, to go for an asset when it is at ATH, especially when everyone is talking about an impending correction. I personally know a few people who purchased BTC at close to the then ATH levels in 2017. Only one of them held on to the coins when the prices crashed in 2018. And the others are regretting their decision to get rid of their holdings.

arbiter5

full member

Activity: 218

Merit: 105

The Nomad

Quote from: Pearls Before Swine on January 09, 2021, 07:07:06 PM

Uh oh. Stories like this make me cringe just a wee bit, because during the last runaway bull market there were people selling all kinds of things so as to finance bitcoin purchases. I do hope for your sake that if you sold things, you really didn't need them.

If I thought it'd do any good whatsoever I'd caution against catching bitcoin fever so bad that when you look around your house you don't start asking yourself 'I wonder how much bitcoin I could get for this?'. And it ain't because I'm not bullish on bitcoin because I am. Fully and completely. But I am happy with the meager amount that I own and don't wish to sell everything I have to invest in BTC.

Be careful out there, 'cause it's a crazy market indeed.

Uh oh. Someone's missing the joke.

jademaxsuy

full member

Activity: 924

Merit: 220

40K$ per btc is totally a very wise and good decision actually had been made. I had been too buying btc in 2018 and then sell it low after bitcoin market crashes and I was thinking of it as bitcoin will going to end. Actually, I am depressed that I did not even get also the chance of recovering it this bull trend. Probably, because I already afraid of losing again now I am focus on bounty hunting wanting to recover the losses I made before.

Lanatsa

hero member

Activity: 2856

Merit: 655

Quote from: arbiter5 on January 09, 2021, 12:54:32 PM

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.

PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

It did really take a lot of patience and self control for you to reach this goal where you do able to held up your coins upto now.

Considering on how many pumps and dump that we had saw enclosed into those years then its really hard not to make any further actions towards that.

If you do still able to held up and able to accumulate specially into those low prices then for sure you are really making some tons of profits as of this moment.

Time to sell? This will be a considerable action and that waiting did really pays off.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Quote from: arbiter5 on January 09, 2021, 12:54:32 PM

..all the unnecessary shit I have so I could buy more bitcoin!

Uh oh. Stories like this make me cringe just a wee bit, because during the last runaway bull market there were people selling all kinds of things so as to finance bitcoin purchases. I do hope for your sake that if you sold things, you really didn't need them.

If I thought it'd do any good whatsoever I'd caution against catching bitcoin fever so bad that when you look around your house you don't start asking yourself 'I wonder how much bitcoin I could get for this?'. And it ain't because I'm not bullish on bitcoin because I am. Fully and completely. But I am happy with the meager amount that I own and don't wish to sell everything I have to invest in BTC.

Be careful out there, 'cause it's a crazy market indeed.

Myleschetty

member

Activity: 1155

Merit: 77

Quote from: arbiter5 on January 09, 2021, 12:54:32 PM

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.

PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

I totally respect you for taking control of your emotions and hold your Bitcoin till these current market whilst some people have sold their holding to cut lose during the last dump market.

logfiles

copper member

Activity: 1960

Merit: 1638

Top Crypto Casino

Quote from: cabron on January 09, 2021, 02:19:27 PM

I have hold on to the worthless altcoins I have though and now it's something worth already like $300+ I couldn't believe some are buying the token but yeh anyway, I might just dump it as well now that I have the chance to earn and hold BTC instead.

At one point, I remember I had approximately 2.5 to 3 BTC worth of shitcoins and then 2018 bear market happened Grin

That's when I learnt a hard lesson, to always think about Bitcoin first. The March 2020 price drop came with as a second chance and with the profits I have made so far. I must say it feels good.

oktana

sr. member

Activity: 1582

Merit: 281

Eloncoin.org - Mars, here we come!

Lol, not that I wanted it that way, but I came here to read something like "I finally sold my Bitcoin." Anyway, I'm happy for you having bought more bitcoin, and if you'll take my advised; hodl your Bitcoin even if the price looks enticing, it'll have greater value soon.

AmoreJaz

legendary

Activity: 3066

Merit: 1101

Leading Crypto Sports Betting & Casino Platform

Quote from: cabron on January 09, 2021, 02:19:27 PM

I have hold on to the worthless altcoins I have though and now it's something worth already like $300+ I couldn't believe some are buying the token but yeh anyway, I might just dump it as well now that I have the chance to earn and hold BTC instead.

It's embarrassing already to show the wallet that contains the token I hold for 5 years, I guess it's time.

alts are not safe for me to hold long term. your decision to convert it to BTC may be worth in the years to come. most alts have no active app, thats why they go downhill. whereas, no one can beat the popularity of BTC up until now. it is the frontrunner among these cryptocurrencies, so you can never go wrong with this decision.
i admire those holders who kept their btc for so many years, and cashing out just today. that means, they never lose hope with btc after all those years. or maybe, they have other sources of funds why they didnt cash out. lucky for them.

Topic: A Confession: After 5 years of hodling, I finally sold - page 2. (Read 453 times)