Pages:
Author

Topic: Have you ever regretted selling your bitcoins ? (Read 1629 times)

hero member
Activity: 1344
Merit: 583
Oh yes, I regret it every time I think of how much I have sold for any amount. Always wanting more is in our nature as humans. Recently I am definitely kicking myself for having to sell a few hundred dollars worth just to make ends meat and have all of my bills paid. It was a very sad day indeed but I have to do what is best for my family. If I don't pay the bills I get penalized in some other way. I think the trick is to figure out how to truly HODL and find your money engine so to speak: your business your money maker, whatever that may be, use that to live off of and bank the rest > and don't forgot to stack more SATS  Cool. If you don't have one build one, if you don't know how to build one then google it LOL. We have no excuse these days! Don't forget to believe in yourself, positive thought mixed with belief is the secret sauce and your future successful self depends on it so don't be lacking in any of that!
hero member
Activity: 2828
Merit: 518
We feel regret because we saw the price of Bitcoin keep on growing but many years ago, we felt worries about its future and decided to sell them earlier as possible. I see that negative thinking mostly influences us all the time, especially when a crisis comes.

Even though we talk about holding as the key to success, it is out from realization as people still sell their Bitcoin. I'd think that selling is normal because not all are long-term holders, some are impatient, and some always live in doubt which is pretty hard for them to hold.
hero member
Activity: 980
Merit: 947
Yep, it's the common regret that most of us here share. To be honest my selling reason is a bit unworthy, imagine selling my bitcoin before to buy an iphone that I can't use to this date because of it's old generation. It's a mistake that make me regret as I can still remember the number of bitcoin I sold before for that iphone, the worth of it on this date is tremendous. Well, we should just move on and accumulate bitcoin as much as we can as there are chances that bitcoin can hit $100k.
I think that Bitcoin will reach 100k in this cycle, we have not yet reached the halving, but at the same time we were almost able to reach 50k. After the halving, the growth will continue, this has always happened and I am almost sure that the same will happen this time.

Until this moment, I probably would not have sold my bitcoins. By the way, I have never had an iPhone and I’m not worried about it, I know that I have Bitcoin, which I will keep as long as I need it, because in the future, if of course I want it, I will be able to buy as many iPhones as I want.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
We've all been there, that moment of realization when you remember selling your precious Bitcoins years ago and wonder if you missed the boat.  Well, take a deep breath, because im here to remind you that in the world of crypto, time is always on our side!

It might sting a bit to think about what could have been if you held onto those BTC, but let's not forget the golden rule of crypto: it's a marathon, not a sprint. The market is dynamic, and opportunities are ever-present.
I think it really depends on the situation: if someone decides to sell its bitcoin for a quick profit and maybe a few hundreds dollars, then yes, I would say you need to regret that. On the other hand if you sold your bitcoins because you actually needed money for whatever reason (school, medical reasons, buying a house, etc etc), then I don't think people should regret that, they've been spent with an actual reason, something that you needed to do.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I have read many stories about why people sold too early or did not hold on to their Bitcoin for longer. We all made the same mistake for different reasons. I am one of the group that sold early too but there is no reason to keep kicking oneself over it.

Looking back, I remember when Bitcoin reached $1000, I never thought I would see it reach $10,000 (that seemed far away) but it happened and now I am thinking I'll probably see it reach $100,000 one day therefore there is still time to reap benefits if I invest wisely Grin

Yep.  I've written it probably dozens of times over the past few years that I feel like a complete dunce for not holding onto the cheap bitcoins I got my hands on years ago--and even more so for not believing in bitcoin and its ability to appreciate in value like it did.

But I could write pages and pages kicking myself for not being bitcoin-rich.  Instead, I'm just going to say that when it was worth $200-500, $1000 seemed so very far away.  And then when bitcoin finally reached $1k, I thought there would have to be some apocalyptic event before it ever reached $10k.  And then it reached that milestone, and all was relatively well in the world.  After that, it still seemed far-fetched that $50k would ever be a reality....and then it was.  I don't think my thought process and skepticism was so out of whack that I ought to be flagellating myself, but just looking back at what happened vs. what I predicted, I just want to forget about all of it or at least not think about it too much.

And then threads like this pop up.  Thanks, OP!
Yep, it's the common regret that most of us here share. To be honest my selling reason is a bit unworthy, imagine selling my bitcoin before to buy an iphone that I can't use to this date because of it's old generation. It's a mistake that make me regret as I can still remember the number of bitcoin I sold before for that iphone, the worth of it on this date is tremendous. Well, we should just move on and accumulate bitcoin as much as we can as there are chances that bitcoin can hit $100k.
sr. member
Activity: 434
Merit: 254
DAKE.GG - CASINO AND SLOTS | UP TO 230% BONUS
We've all been there, that moment of realization when you remember selling your precious Bitcoins years ago and wonder if you missed the boat.  Well, take a deep breath, because im here to remind you that in the world of crypto, time is always on our side!

It might sting a bit to think about what could have been if you held onto those BTC, but let's not forget the golden rule of crypto: it's a marathon, not a sprint. The market is dynamic, and opportunities are ever-present.

I have regretted on one or two occasions, last December I sold some of my holdings to solves immediate needs after two days of my actions, bitcoins rise very high and I regretted but what kept me going is that, I remembered that I didn't take such action I wouldn't have solve that problem because it was an urgent situation that needed to be attended to, I just thought of something though I have replace the said amount of bitcoin that I withdraw from my holding but one thing is for sure, once one is alive opportunity continues coming, is just for one to be ready at anytime to embrace it, let make sure we keep emergency fund aside so that withdrawing our investment wouldn't be a final option to go for.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
I hope that $4000 you could have made is not going to hold you back. I like the fact you have that positive outlook on life. It has happened therefore let it pass and do not look back, there will always be opportunities out there but you have to find them and when they are presented to you that all important decision has to be made: to invest or not to invest

And another all important decision that cannot be avoided and has to be made by all investors: to sell or to hold

You made a call at the wrong time, I made a call at the wrong time and many of us did it. It is life.

The OP managed to get 5 merits and considering he had received tags for trying to buy merits and using AI, he did well because does not deserve them. I will unwatch this thread now.

The lowest level of Bitcoin price I witnessed is something around $120, you can imagine selling BTC0,1 BTC at that time was just $12 and when you look today it is $4112 approximately. For sure I am disappointed and regretting selling with $4000 loss but when I do a transaction that's mean I need it at that time and life is opportunities to take or let go, just pass and don't look back.
I assume everyone who joined early are regretting selling his coins at a cheap price but it is life after all and we need to do that.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
I have read many stories about why people sold too early or did not hold on to their Bitcoin for longer. We all made the same mistake for different reasons. I am one of the group that sold early too but there is no reason to keep kicking oneself over it.

Looking back, I remember when Bitcoin reached $1000, I never thought I would see it reach $10,000 (that seemed far away) but it happened and now I am thinking I'll probably see it reach $100,000 one day therefore there is still time to reap benefits if I invest wisely Grin

The lowest level of Bitcoin price I witnessed is something around $120, you can imagine selling BTC0,1 BTC at that time was just $12 and when you look today it is $4112 approximately. For sure I am disappointed and regretting selling with $4000 loss but when I do a transaction that's mean I need it at that time and life is opportunities to take or let go, just pass and don't look back.
I assume everyone who joined early are regretting selling his coins at a cheap price but it is life after all and we need to do that.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
I have read many stories about why people sold too early or did not hold on to their Bitcoin for longer. We all made the same mistake for different reasons. I am one of the group that sold early too but there is no reason to keep kicking oneself over it.

Looking back, I remember when Bitcoin reached $1000, I never thought I would see it reach $10,000 (that seemed far away) but it happened and now I am thinking I'll probably see it reach $100,000 one day therefore there is still time to reap benefits if I invest wisely Grin

Yep.  I've written it probably dozens of times over the past few years that I feel like a complete dunce for not holding onto the cheap bitcoins I got my hands on years ago--and even more so for not believing in bitcoin and its ability to appreciate in value like it did.

But I could write pages and pages kicking myself for not being bitcoin-rich.  Instead, I'm just going to say that when it was worth $200-500, $1000 seemed so very far away.  And then when bitcoin finally reached $1k, I thought there would have to be some apocalyptic event before it ever reached $10k.  And then it reached that milestone, and all was relatively well in the world.  After that, it still seemed far-fetched that $50k would ever be a reality....and then it was.  I don't think my thought process and skepticism was so out of whack that I ought to be flagellating myself, but just looking back at what happened vs. what I predicted, I just want to forget about all of it or at least not think about it too much.

And then threads like this pop up.  Thanks, OP!
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
Yep.  I've written it probably dozens of times over the past few years that I feel like a complete dunce for not holding onto the cheap bitcoins I got my hands on years ago--and even more so for not believing in bitcoin and its ability to appreciate in value like it did.

But I could write pages and pages kicking myself for not being bitcoin-rich.  Instead, I'm just going to say that when it was worth $200-500, $1000 seemed so very far away.  And then when bitcoin finally reached $1k, I thought there would have to be some apocalyptic event before it ever reached $10k.  And then it reached that milestone, and all was relatively well in the world.  After that, it still seemed far-fetched that $50k would ever be a reality....and then it was.  I don't think my thought process and skepticism was so out of whack that I ought to be flagellating myself, but just looking back at what happened vs. what I predicted, I just want to forget about all of it or at least not think about it too much.

And then threads like this pop up.  Thanks, OP!
full member
Activity: 322
Merit: 211
I sometimes regret selling bitcoins to meet the urgent needs of my life when I think about it in my free time. Regret selling my bitcoins because when I invested bitcoins I wanted to hold for long term plan but I couldn't do that. In order not to prolong my regret, I started investing in bitcoins again and this time firmly decided that I would continue this investment for a long time no matter how hard times came.

We all still have a great time buying Bitcoin. If we look at the price of Bitcoin two to three months ago, the price of Bitcoin was much lower than it is now. But now when we see the price of Bitcoin going up, we regret why we didn't buy Bitcoin when the price of Bitcoin was low. Also the price of bitcoin will definitely increase from here and if we don't buy bitcoin now we will regret it again.
  If you sell at a profit, you should never regret selling. The future is inherently unknowable. You can only make a decision with the information you have at hand. Even if it does go up, how can you have known that now? At this point it’s equally likely — I’d say much much more likely! — that it’s going down. Tracking your positions after they’re closed and saying “if only…” in the financial markets is a fool’s game. Take your profits (or losses) and move onto the next trade.
   Re-reading this comment, I should have said “you should never regret selling,” period, regardless of whether it’s at a profit or a loss. If you’re losing money and you decide to cut your losses and later the market or whatever goes up, so what? How were you supposed to know that? Again, you make the best decision you can under the circumstances. You may sell and it could go down further — you could be saving yourself from an even bigger loss.
sr. member
Activity: 1484
Merit: 323
Here's a pro tip so you don't ever feel like this again, don't spend it all at once even if you're selling at some point because of a bull run, remember to always leave some you're not zeroing out of your investments and it's also a way to trick your brain into thinking that you're not regretting what you're doing or that you're going to feel bad about selling your bitcoin because you've got an excuse that you still have a bitcoins left that you can sell in the case that the price goes up again. My first time investing in bitcoin and selling it for profit is probably the first, a lot has happened from then on but I definitely regretted that because I was selling when it's still in the middle of the price going up and I could've made more if I just waited but then I grew and mature when it comes to investing and knowing myself that it's going to take time to make myself think that I'm not going to be regretting doing something with my crypto, I started to trick myself into thinking a different way than expected, it's difficult because I don't have a background in psychology so it took some theory of mine and then test myself if it works.
sr. member
Activity: 434
Merit: 350
We've all been there, that moment of realization when you remember selling your precious Bitcoins years ago and wonder if you missed the boat.
I sometimes regret selling bitcoins to meet the urgent needs of my life when I think about it in my free time. Regret selling my bitcoins because when I invested bitcoins I wanted to hold for long term plan but I couldn't do that. In order not to prolong my regret, I started investing in bitcoins again and this time firmly decided that I would continue this investment for a long time no matter how hard times came.

We all still have a great time buying Bitcoin. If we look at the price of Bitcoin two to three months ago, the price of Bitcoin was much lower than it is now. But now when we see the price of Bitcoin going up, we regret why we didn't buy Bitcoin when the price of Bitcoin was low. Also the price of bitcoin will definitely increase from here and if we don't buy bitcoin now we will regret it again.
legendary
Activity: 2058
Merit: 1166
We've all been there, that moment of realization when you remember selling your precious Bitcoins years ago and wonder if you missed the boat.  Well, take a deep breath, because im here to remind you that in the world of crypto, time is always on our side!

It might sting a bit to think about what could have been if you held onto those BTC, but let's not forget the golden rule of crypto: it's a marathon, not a sprint. The market is dynamic, and opportunities are ever-present.

Every Bitcoin I spent, every Bitcoin I gave away, was a small contribution for the expanse of Bitcoin. So no. I do not regret it.

Quote
was a small contribution for the expanse of Bitcoin

It was certainly in support of Bitcoin when you used it to buy goods and services or in some way to get other people involved and help the network expand. But I think this question by OP rather refers to some decisions that haven't been necessary at all cost, but was done because of wrong assessments of future market movements.

I think almost everyone who has been involved with Bitcoin for some time knows what this thread is talking about. I have been wrong for sure in the past. The longer I have been in the market, the more I sticked to good old HODL.
legendary
Activity: 2338
Merit: 1124
We've all been there, that moment of realization when you remember selling your precious Bitcoins years ago and wonder if you missed the boat.  Well, take a deep breath, because im here to remind you that in the world of crypto, time is always on our side!

It might sting a bit to think about what could have been if you held onto those BTC, but let's not forget the golden rule of crypto: it's a marathon, not a sprint. The market is dynamic, and opportunities are ever-present.

Every Bitcoin I spent, every Bitcoin I gave away, was a small contribution for the expanse of Bitcoin. So no. I do not regret it.
hero member
Activity: 1890
Merit: 824
Defend Bitcoin and its PoW: bitcoincleanup.com
regret will continue forever if we keep looking back, it hurts, yes it hurts but what has been sell should never be remembered again, consider our fortune only at that point, and after it is sell let's look for bitcoins again to collect and target at the highest price what we want
Apart from that, it will seem like we are not moving forward if we only think about the decisions we made in the past. We should accept this and try to be better. If we look back now, of course we will regret a lot of what we did at that time.
In addition, the circumstances at that time may also make us pressured to sell the bitcoins we have collected, and think that we can easily make them back. However, we are aware that as time goes on, it will be difficult to accumulate such value again. However, we must continue to move forward, and learn from our past.

But the "be better" part of the post is an important when we are talking about investment strategies and long-term approaches to mastering a market. My first lesson was to refrain from trying to catch certain price points and to time the market. As soon as people engage in this day trading, they either have all the time in the world to analyze the market 24/7 or they will often times lose out eventually. Trading your holdings back and forth hoping that you can either maximize your total BTC holdings or the total USD value never really worked for me. There were some good decisions I made and some bad decisions and it isn't actually worth it in my opinion.
copper member
Activity: 35
Merit: 5
There are quite a lot of more important things in life than Bitcoin, if you sold your coins to handle something important in real life, then that is fine, if you sold it to have some good time with family and loved ones, that's also great. You basically just have to find the right balance between what you sell and what you hodl.

Remember that Bitcoin is money and spending it or exchanging it for fiat isn't a bad thing afterall. You cannot also hodl it forever so there is no point regretting anything, as you can always buy some more again if you desire to do so.

Thanks for this comment. I feel that sometimes I'm so afraid about buying and buying that I forget that we just own it to have more freedom and good moments with the ones we love.

I think that we know the first part, but forget frequently the second one
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
regret will continue forever if we keep looking back, it hurts, yes it hurts but what has been sell should never be remembered again, consider our fortune only at that point, and after it is sell let's look for bitcoins again to collect and target at the highest price what we want
Apart from that, it will seem like we are not moving forward if we only think about the decisions we made in the past. We should accept this and try to be better. If we look back now, of course we will regret a lot of what we did at that time.
In addition, the circumstances at that time may also make us pressured to sell the bitcoins we have collected, and think that we can easily make them back. However, we are aware that as time goes on, it will be difficult to accumulate such value again. However, we must continue to move forward, and learn from our past.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
The legends in bitcoin supposed know that bitcoin is volatile in which you can sell it at anytime if your need. If your needs fall under the time when the price is down, it is your choice not sell or not and if you sell at that time, you don't have to regret because if you want to keep it and wait for the next bull before selling them it is your choice but you have to look for a way to settle the need at hand at that time.
And that it is good to invest in two or more projects. If you invest in altcoins it might be beneficial to you because they are not volatile like bitcoin so you can use them to solve the problem at hand and keep hodling the bitcoins.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
There could be regret and there may not be any regret depending on the gravity of the emergency and how important it was.
Nevertheless, the only regret that I believe will be here will be the investor not having provision for funds to take care of the emergency.

Regret will depends on situations as if you are selling your bitcoin for emergency purposes which is essential for life then you will be thankful for having bitcoin and will not regret for your idea of selling it but if you sell it without using money in useful thing then whenever there comes a time when market show increase then you will regret for what you have done in past.

One should keep some fund for emergency but who knows that what amount he will need during emergency so sometimes it become a responsibility of individual to use the amount of investment. I don't agree with the idea of people who say that not sell your invested amount during emergency because life is more important than money as money can come back but life never.
Pages:
Jump to: