Have you ever regretted selling your bitcoins ? - page 11.

AYOBA

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Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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.

There are circumstances that cause some of us to regret owning Bitcoin in the past. Sometimes we intend to store Bitcoin for a long time, but if something very significant or an emergency arises while we don't have any other options, we have to sell it to get the money we need to get through the situation. which will return us to the starting point since, although we were relieved that we could hold some Bitcoin, unforeseen issues arose.

However that is the source of regret. For this reason,having a backup source of income is beneficial for those who intend to store Bitcoin for an extended length of time. This way, in the event of an emergency, we will always have a means of covering our expenses not until we can withdraw our Bitcoin holdings.

uchegod-21

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BTC, a coin of today and tomorrow.

Regretting selling one's bitcoin is something that everybody must do at a particular time. But what I always advise people is that those that sold their bitcoin earlier who did so because they were urgently in need of funds have nothing to regret because it has helped to solve their problem at that particular time. I only blame those who just sold and did not use the money for any important thing because they really do not need such money at that time.

But the most painful aspect of it is when you own bitcoin but do not actually have access to it. Which means you cannot recover it or do not even remember the platform where you will save the Bitcoin. This is exactly the case of many people while others still see their past transaction, on how they lost their bitcoins to scammers and Ponzi schemers.

nakamura12

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There was a time where I regret selling my bitcoin because the price increased at that time but there's nothing I can do since I really need money which I use to pay for installing the electricity and other expenses that is important or needed. Well, since there's nothing we can do about it since it already happen and if it's for you then it's for you and if it's not then it's not. It only explains that it wasn't meant for me just like when I received free money from an exchange platform just by using it and exchange some crypto.

Abu-Naim

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Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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.

We mostly regret most times when we remember the amount of bitcoin we hold in the past; but sometimes we sell due to conditions that we cannot bear without selling the bitcoin we have.
Everybody will be happy if we don't have any problem that will come our way which will lead us to touch our savings, because mostly what we sell to solve some of our problems is becoming very valuable after a while.

It is always good to have extra source of income so that you can hold your bitcoin for long, and that is when DCA method will be favorable so that you will be able to forget about your bitcoin.

Zanab247

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I have regretted many times of selling my BTC in the market when I was new in hodling, but since I came to discovered that, it never too late for someone to make profits from BTC investment and all you need to do when you Missed it in the first bull run, just continue hodling because another bull run will surely come in the market. If you look at the market very well, you will see that people are still trading their BTC to earn little money to settle down things but long term hodlers don't allow any challenges to make them sell their BTC because, they always wait for the massive bull run to come before they will sell.

New new year, new system, I don't think I will regret in this new year because there are still some signs from the crypto market that this year will be more favourable than last year that was full of bear run.

Dr.Bitcoin_Strange

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There's a saying that "life happens." It's a natural feeling to be regretful of one's own decision about why he or she sold their coin too early. Perhaps there were no old investors who did not have that feeling after selling off their Bitcoin at $5–$10 and seeing that, a few years later,a piece of the coin sold for $5 is now worth $40k. The profit they made when they sold so quickly was also helpful to them, and that's a fact they can't dispute.

If one can still keep accumulating gradually for some years, they will be able to achieve a large portfolio.

iBaba

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Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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.

The question is, does it even matter to the dead right now. Whether they made profit whilst they sold their bitcoin at lesser value when they were alive? Or to the sick person on the sickbed who sold his bitcoin to save his life at a lesser value than it is now? Or even, a student who invested in bitcoin at a time to later use it to pay for his/her house rent and tuition fee?

I think in life, so many things mean different to others and the purpose and intentions behind why people invest is what matters the most to them. it does not matter whether the value of bitcoin faced a decline at the time someone took it out or not. And yes, this does not also have anything to do with the so-called "golden rule of bitcoin" which you said it's a marathon, not a sprint.

In real sense, the entire life is a marathon and not a sprint and I feel like the rule applies to all aspect of life not bitcoin alone but you can not also use this rule to negate the intentions people use to invest.

tsaroz

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I got hold of bitcoin as early as 2012. And selling bitcoin at that time is one of my most regrettable financial decision.
I don't want to do the same again with both bitcoin and the alts. Hold till the bull.

Cityhunter34

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It's very normal for most of us to regret selling off your Bitcoin on time but one thing about Bitcoin is that it's never too late, you can always start all over again and still achieve everything you want to achieve, I will never regret selling it because I sold it for a good reason and it feels good to always know that I have an asset to help me out anytime I need to solve an emergency.

Die_empty

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Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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!

I had an experience that was not pleasant to remember. The price of Bitcoin was dropping and I became scared that it would keep dropping so I had to sell my coin. A few months after the price bounced back and I regretted my actions. But I have learned to let the past pass by because it cannot be changed.

Quote

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.

There are great opportunities in buying and hodling Bitcoin. Bitcoin is still in its infant stage so anyone who invests now still has the chance to achieve their targets. When I see how the price of Bitcoin has increased these few months, I usually regret why I sold my coins but we still have the chance to utilise the opportunity Bitcoin provides today to make our future more financially stable.

348Judah

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Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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!

Yes and that's true, many would have sell in the past just for one or more other important reasons needed for them to be able to make release of what they are holding to settle some other things since they were left with no alternative, but the good aspect of it all is that they sold it then to be able to get out of those situations they might face that warrants selling, but the opportunities for bitcoin is never ending, we can still have another again e even now at the moment, holding the coin and waiting for halving to take place could be another means to never loose out.

Quote from: jpbh81 on January 16, 2024, 10:16:23 AM

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.

Exactly, it's not a one way chance, if we once missed out, we could actually melake it up to another at any time as long as we are still interested to invest and hold this currency for a while.

Rikafip

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Yeah of course I did, as was probably everyone else. Luckily for me, it mostly happened in the early days when I didn't have a lot of bitcoin so I coulnd't sell much even if I wanted to and on top of that it was usually when I really needed the money so it wasn't like I was selling it out of boredom.

Nowadays (after years of experience) I have no regrets and I don't look back thinking how much bitcoin sold would be wroth and I simply spend some when I need/want to.

jpbh81

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Quote from: knowngunman on January 16, 2024, 12:07:31 PM

It's normal to regret selling your bitcoin early but the big issue is what did you sell it for? And have you imagined what will happen if you did not sell it then? What matters here is you were lucky to have bitcoin to sell when you need back up. Just like the first comment above said, you can not hold it forever. In fact, the greatest regret is to hold for too long and eventually die without being able to sell. The way the technology is designed, at whatever price you sell, you'll definitely regret later.

This is why it's very important to have a reason/target as to why you are holding. If eventually you sell to accomplish your mission, you have nothing to regret and even if you do, you regret in a good course. Opportunity never seize in crypto and you can start again when you wish.

I would have given you merit if i had , clear and concise answer ty!

knowngunman

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It's normal to regret selling your bitcoin early but the big issue is what did you sell it for? And have you imagined what will happen if you did not sell it then? What matters here is you were lucky to have bitcoin to sell when you need back up. Just like the first comment above said, you can not hold it forever. In fact, the greatest regret is to hold for too long and eventually die without being able to sell. The way the technology is designed, at whatever price you sell, you'll definitely regret later.

This is why it's very important to have a reason/target as to why you are holding. If eventually you sell to accomplish your mission, you have nothing to regret and even if you do, you regret in a good course. Opportunity never seize in crypto and you can start again when you wish.

Zaguru12

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One thing i will say is there will always be regrets in this crypto space because of the volatility attached to it. You might be regretting why you sold early because the price went up significantly above where you sold or you might be regretting another time why you didn’t sale because the price started dumping, these two are part of the space. But the best regret is always that doesn’t make you to be in loss that’s selling with a profit. How do one over come this i will say don’t fix a time to take profit rather fix a price to take profit.

If a coin gets to a price where you can take 75% holdings including some profit and maybe the invested amount too then take them. Don’t sometimes be too greedy for a high pump that you leave your coins most especially if it is Altcoins. Although the most important thing is to invest in what you can afford to lose so that there won’t be any regrets regardless of the decision made. Hodl bitcoin for long, take profit when necessary and you wouldn’t be in regret

Coyster

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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.

jpbh81

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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.

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