Topic: Have you ever regretted selling your bitcoins ? - page 3. (Read 1629 times)

You cant help but consider missed opportunities. I too have contemplated my early investments and what-ifs. It unites investors. You're right - the past is closed, therefore we must look forward.

I've learnt that experience is the best teacher. Each decision - good or bad - teaches us and shapes our financial methods. My trip has taught me the importance of setting objectives and targets. Its important to know why we're diversifying between Bitcoin and other cryptocurrencies. Are we spreading risk, following trends, or trusting project fundamentals? Clarity has guided me.

I favor a balanced approach. We must combine our expertise with a long-term strategy. Whether its Bitcoin or other projects, each move should go toward our aims, never forgetting why we're playing. When done well, diversification is about developing a resilient, adaptive portfolio that matches our growing investment philosophy, not just finding multipliers.

However, when one made a mistake he or she will ever want to bring an excuse so the he can justify him or her self.
I would say that if one sells his or her coins because he or she do not have an emergency funds, that might be because he or she didn't save money for emergency cases. As one can not tell when there will be a problem that will make them to spend money it will be more better if they start saving money for emergency before thinking of hold and accumulating bitcoin.
Moreover, not everyone can understand the meaning of having an emergency funds but it is good to do so because it will help an investor in to hold more longer than selling earlier because of some slite money situations.

humans fail...no one has the power of clarividence. Theres no shame in that. Please forgive yourself and move on.

i regret not buying them... i was just kid... that is really sad!

Selling bitcoin because I was forced to meet emergency needs, I think this is understandable and there is no need to regret it. Because in fact, in this situation, you are actually saved because you @Nrcewker have bitcoin in your wallet. Imagine if an emergency situation comes but you don't have any bitcoins to sell. Then it would definitely be much more difficult. So in this situation you should be grateful because you have bitcoin that you can use in emergency situations.

And it's true what @suzanne5223 said, that most of us who are crypto fans must have experienced the situation you are experiencing. You don't need to regret it and you just have to take advantage of the current bitcoin correction to collect it again. And start over.

This certainly isn't the first time this question has been asked in the forum, but anyway. At some point, we've all sold some bitcoin. It's inevitable; you can't keep holding it forever. I'm not going to regret what I did five or more years ago; it's of no help. I've certainly made some mistakes that could have been avoided or could have been handled better.

The most recent sale of bitcoin I did was in late December 2020 to early January 2021. I sold approximately 0.05 BTC. The sale was somewhat of a failure; I sold too early and pumped in the upcoming few days. I don't regret selling them because I reinvested that money into staking and made a decent profit that's still reinvesting through Binance's Launchpool, but I regret panicking and selling at the wrong moment; had I waited a few more days, I would have sold for a significantly larger amount.

That's great that you didn't think twice about buying for that amount. If that happens to others, I'm sure they will regret on why they are late, that there are better buying price than it. This can result for them to wait instead because they also know it's possible for the price to go down evenly. But what if not? Their regrets will only grow. Anyway mate, since you already have an experience of buying Bitcoin at a not so low price, why won't you do that again?

We aren't still in the bull run and there is a chance for the price to grow huge. Also, the price of Bitcoin right now is only retailed at $41k, which was still lower than your selling price last time.

Imagine been stuck in a situation where you can't get out so easily cause there are no other options than to sell, What would you do? Sell. We face different situations and circumstances at some point, in the end we can always make up for it by that I mean, is to seize the opportunity when its right before us to buy and hodl.

Honestly speaking, Yes! I had some regret but then I realized that it was part of the evolution and I have done my part to further push the others to invest because it is always a domino effect just like the other guy who bought the Pizza. You just need to know that whatever is not yours will not ever get close to you and whatever is yours will come to you no matter how far you are. As simple as that and you gonna easily move on with that scenario. Most likely what I'm doing right now is light investment with bitcoins because I'm not rushing it and as long as I have some bitcoins in my wallet, I'm completely fine, and maybe someday, I'll be able to get my rewards from my patience.

I really like this sentence "time is always on our side" but there is one thing that is still gray "luck is not always on our side". There are many unexpected expenses that need to be prioritized when needed over maintaining Bitcoin such as paying hospital bills, paying accident compensation and loss of main stream income due to a company going bankrupt or being fired from a job.

Maintaining Bitcoin is very important as long as there is no urgent need for money, but the reciprocity of the two needs to be maintained, if there is no other way, selling Bitcoin will be better than selling vehicles or other assets such as houses. There is nothing to regret as long as the decision taken is in accordance with the circumstances and needs being faced, sometimes you need to change your investment plan to prioritize other more important things.

Yes, it is very painful to think back to the past when Bitcoin was available to everyone.  And then it was not so expensive.  I would have given it away now if I had them there would have been a lot of profit.  I wonder why I sold them then.  But Bitcoin was once much cheaper.  But now it costs a lot.But a few days ago, the price of Bitcoin dropped a lot.  So the price of Bitcoin will never remain constant.

And I won't blame you because you won't have a problem and you have funds and you do not want to sell just because you want to invest I might not know the nature of your emergency but an emergency is always something that is serious and if not for that I know you would not have sold it and that is why they said to get another means of income to make your investment journey smooth because there is always one thing or the other that you need money for so, if you have a job and a side hustle then you will hardly take not of your investment. wow I know exactly how you feel, the only thing is that if the price comes down a little you can still buy. you will still make your gain when the time is right, you don't have to feel bad.


I know there will be people who no matter what the situation maybe they won't sell and they have denied their self-access to their wallet and access and they will rather go and source for money when they are in need than sell, and I feel every have the limit they can reach for somebody like me if I have and am in any kind of situation I will sell because I would not want to take a loan when I have bitcoin. the way we are different so are our personalities and we all handle situations differently. but we should learn to be disciplined and try as much as possible to hold. it will always be heartbreaking when you have already sold it out and surprisingly maybe when you sell that is when the price will even start going up.

Are you talking about Laszlo Hanyecz who bought 2 pizzas for 10k bitcoin? Why call it a bad move when he was the one who confirmed to the world that bitcoin could function as a currency? I bet if you knew about bitcoin at that time, you wouldn't even believe in bitcoin, let alone you would invest in bitcoin and hold it.

It's unfortunate for those who sold their bitcoins too early, but if it weren't for those who made those first bitcoin transactions. I think we will not have a prosperous bitcoin market like we have now. Therefore, we should thank them rather than criticize or ridicule them.

In so many times I have come across some people who sold their Bitcoin and they regret about it because they have not understand the basic concept of Bitcoin before they sold their Bitcoin, some people always be in the haste to sell their Bitcoin because they have seen the price of Bitcoin dropping in the market and do the panic to say and after selling they began to regret because, bitcoin price have appreciated so that is why so many of them do regret selling their bitcoin whenever the price of Bitcoin increases above there expectation

Yes I have been in that situation myself. It's not as bad as the guy who bought pizzas for BTCs, because after eating the pizza there was nothing left of his investment. My story is a bit different, I came to crypto currencies back in 2016 when I was trading a lot of CSGO skins. And bitcoin was the cheapest option to get the money out of the skin exchanges online. After looking into bitcoin I used it exclusively, but my problem was that I never really stored the Bitcoin properly. It was just another tool to quickly transfer money back into fiat money. It's really sad thinking about if I had kept every single Satoshi that I earned over the years and never sold a single one until today. Unfortunately we can't turn back time and we need to live with the mistakes we made. The only solution is to learn from our mistakes and to not repeat them.

When bitcoin was created, most people didn’t really know its worth, so some people who bought it sold it early. They never believed bitcoin was going to be so great in the future. If you made the mistake of selling your bitcoin so early, then you have the opportunity to buy it back. If you keep on looking at bitcoin, complaining that the price is already high, then you will end up regretting why you didn’t buy it right now because you think the price is already high. If you have made mistake previously and you are regretting, you shouldn’t make another mistake which you will end up regretting later in the future.

I honestly believe every cryptocurrency enthusiast was once in this situation and if the purpose of selling your Bitcoin is due to emergency needs there's no reason for regret because at some point some situations or things we find ourselves in are more important than what we wanted.
If the market uptrend after you sold your BTC is the reason why you regret your decision, the current phase of market correction has paved the way for you to make up before the rally market starts.

Regrets is there if we do make out some calculations into those coins that we have bought,accumulated into those early years comparing these things as of this moment.There's no way that we could really be able not to look back but well just like been others saying that past is past and there's no way that we could really be able to take it back. This is why it would really be that important that you should really know
on how to move on and deal up the things on whats in front of you. Experience would really be the main thing that you could really be able to gain and would be able to make use into your future endeavours.

This is why it would really be that important that you should really know on what you would gonna do and make those targets or goals on which you could really be able to make yourself
that having at least the idea on what you should really gonna do with your coins not only limited to Bitcoin but also in other top projects as well.
It would be hard on not to diversify if you do really seek for multipliers.

But selling it due to urgent decision and at that time is a bearish moment. It still hurts. Getting less cash than usual will certainly make people feel regret, even if they manage to maintain their appearance in order to remain a strong person.

If that doesn't make you the least bit sorry, it's probably a very small amount compared to your main assets. Or maybe you are in a good mood after winning the lottery or something.

The point is, normal people will still feel a little regret if they sell it too cheaply.

Life is full of experiences and priorities that extend far beyond the price of Bitcoin. Selling it to navigate life's curveballs, whether it's a medical emergency, a family celebration, or simply a well-deserved vacation, is not a sign of weakness or failure. It's a testament to recognizing the intrinsic value of living a fulfilling life, one that transcends the digital realm.

The concept of "hodl" has its place, fostering patience and long-term investment strategies. However, clinging to an asset forever without considering its role in your broader life goals can be detrimental. Bitcoin is ultimately a tool, a means to an end, not the end itself.

Bitcoin is, at its core, a form of currency is crucial. Spending it shouldn't be viewed as a betrayal of the cryptocurrency revolution, but rather as an opportunity to unlock its potential and integrate it into your everyday life. Every purchase made with Bitcoin strengthens its use case and paves the way for wider adoption.

And let's not forget the beauty of Bitcoin's accessibility. Selling it doesn't mean burning bridges; it simply allows you to re-enter the market when the time is right. The ability to buy back in, to adjust your holdings based on your evolving needs and aspirations, is a powerful advantage unique to this digital asset.