Topic: How do you feel selling your BTC against your plans? - page 12. (Read 1300 times)

The actual level of urgency can be measured, for example if it's about something that threatens health or even life (either yourself or someone else's), then the market situation is no longer a major consideration for spending bitcoins.
When the benefits of money that you save for the future or unexpected things are properly realized, I think you won't really regret it.

I didn't have that experience, but I'm sure it may happen at some point, I'm just doing my best not to do that. But I think it's not as bad and devastating as some might say, it's just money. No one will die if I do that.

It's a big lesson for you if it is your first time you experienced it.

How much do you love Bitcoin and want to spend all your capital to invest in Bitcoin, you must keep in mind that you must have another money source for emergency, just like the situation you shared.

Emergency can occur anytime and it's worse if you fall into such emergency months ago when Bitcoin was about $16,000 and you bought it around $60,000. You bought at top and had to sell at bottom because you have no choice.

Having another money source for emergency will help you to have stronger hands, to hold your bitcoins better and to avoid "buying at top, selling at bottom" even you don't want to do this.

trust me mate , you will regret that all your life as once I did this because of some personal matter that needs to be funded and that is totally against my will but have no choice back then.

if you can find way to fund your obligation to not sell your coins? better find it everything mate because this is what i did not those days.

But happy that now i am back on track and gathering my Bitcoin .

A thought came over me while spending my BTC. Although I was wondering if members have had that experience and  too  how others would feel about it hence this topic. Now here was what happened. I had an emergency which requires an urgent attention and it involves funds. I had no option than  to get the funds immediately as the payment I was expecting has no yet been credited to my account I had no option at that moment than to fall back to my bitcoin and what touched me most was that the market was red and It was obvious I had to sell to sort out the urgency at hand. While doing that, there was this feelings I had then as a result of the red market as at the time I was doing the transaction . I was just having that thought over me then and wishing the market could just boom immediately so I could only release just a small fraction of my BTC to sort out things then and another was that I could just receive my much awaited alert so I could stop the BTC transaction immediately. You know that feelings that comes when you want to do something you really do not have plans doing immediately maybe you have plans for it in the future and all of a suden an emergency comes up which would force you to do the needful. I had that feelings and it was real and really devastating at that very moment.
If you have had such experience, how was it like?