I never sold my First bitcoin. Are you also emotionally bound to bitcoin? - page 10.

appleyard

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

What 2 years you missed the chance of getting a large profit from recent year 2017 is the biggest year of bitcoin, but good thing you only have the chance to get more profit this year. I read an article that saying that by the end of the year bitcoin will reached the new high to its value that article are compare the chart from the past couple of years from today chart.

Blondy12

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

That is right mate. So i guess you are into long term investment also just like me. Having emotionally attached with bitcoin can give us a brighter future though because the value of bitcoin just keep on rising each year after the normally dipping. I think we are into the right track mate.

skibikipapa69

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

I don't like having any attachments to anything because when we are gone we can't take those with us. As much as possible I like to enjoy life more. The first bitcoin that I earned I sold it and went on a trip. It was a memorable experience for me and sure I won't forget it.

GalahadSeika

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Whenever there's an opportunity, I tend to sell bitcoins. I never care to my bitcoins. Once I profited a lot. I sell. That's my rule. I agreed to what I did because look at right now, there are a lot of downs on bitcoin. I sold mine at 19k Cool

Brrobbins

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i have greater attachment to altcoin, than btc, even though I bought btc for less 500$. I sell Bitcoin next pump

BelieveInBTC

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Yes. I'm emotionally bound to my bitcoins and many people know about it. It could be considered as some kind of addiction. I obviously try to spend some of bitcoins from time to time but I don't do it often. I'm waiting for the price to be much higher than today but I guess that it will be still difficult for me to spend BTC which I have been keeping for years.

vagsun

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

Its very obvious that a person is emotionally attached to his/her investment. But the attachment should be limited to some extent only. Definitely a person makes investments to enjoy profits, so if you are so much emotionally bound to your investment than definitely it will become a hurdle and would not let you earn higher profits. If you are so much emotionally attached to your bitcoins than later on when you will be in need of money, you would not be able to sell your crypto.

queenlaurel

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Well i am not that attached to holding bitcoin. It was needed at some point and i had to use it. For you holding might be good for you until the day the price goes up and you have to sell and make huge profit out of it.

swaggerkeme

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Same here buddy, I have been holding my first bitcoin I bought from coinbase since the beginning of June, 2017. Am not planning on selling any time soon, am beginning to think am also emotionally attached to it. I think I will hodl for a long time to come maybe the next 5 years who knows, when the price has markedly rose to unimaginable heights.

osasshem

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

If for over 2 years you've not been able to sell your bitcoin, then what really are you up to. This is more than emotional, you've gat your own plans. As at the last few months of 2017, the price moved to a peak point. Its good defeating your emotions.

I am emotional too, but not to this point of not selling out of it. At the price of $12k, I'll take a short for a profit or diversify for more profits.

jpnl0003

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Why will i be emotionally bound to bitcoin in the first place we are talking about money here and its to serve the purpose to for which the investments were made. I love the business trading and selling to make profits

Lalapo08

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Indeed I can not deny if you are so in love and do not want to lose your bitcoin. I appreciate you that you are a loyal person in keeping bitcoin for long term. But emotionally, it is not good, I see yourself as a rigid person. You should be a flexible person only. You can play more actively with your bitcoin. You can sell your bitcoin when the price soars and buy again when the price is down and easy to reach. It is more profitable for you than you are too rigid to keep hold of your bitcoin then I am afraid if you hold bitcoin until bitcoin is not worth anymore.

EnricoGomez

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I do not think there is quite the point in holding them anything else than profit, my personal emotion is almost negligible to business.
Only thing that keeps me from selling is the current price and probably questioning my faith on the potential of bitcoin like "what if the price will be higher, there is better amount of profit - stuff", none other than that including emotional bond is not really in my mind.

wowveryusername

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Why don't you just try it, it could make you better if it was on a drop, yeah noone want the drops show up but it could give you a better emotion, the freedoms without fears or scares.

Baronggot

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Bitcoin has become a part of me since i started joining in this forum. It changed my life a lot as to the way i look in the future as far as financial worries are concern. It made me a better person on how to manage my time and crypto assets but there are really tough times that i never expect to happen that i know selling my bitcoin is the only last resort that i have to sort things of. But fortunately, the dip of 5,000$ has signaled me to buy bitcoin again and im happy holding it now.

gamalzour

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Quote from: Caelanpelley on May 15, 2018, 10:02:27 PM

To me in business is not bound to emotionally. Only the right look at the price? Sell or not to sell? If selling words or holes? There is a need for investment in bitcoin.

Same for me emotions and business are two different things and cant mix properly if they do then the consequences to the profits and losses can be drastic , getting emotionally attached to our shares or cryptos can harm our pockets pretty hard , well respecting the existence of cryptos and crypto trade I will love to hold and sell them at profit rather then getting emotionally attached to them.

neonshium

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Quote from: Crypto Jaga on May 15, 2018, 09:46:54 PM

Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

I dont own much as I entered so late (by your entry point), so if someone has entered that early as you, they can have the staying power as the current price is at least 10-30x from the entry point, but if someone bought like me around the last bull run, sometimes it is too hard, but I guess if someone really believes bitcoin is going to be the digital gold one day when blockchain applications is what internet applications today, then those who are holding now would be so happy !

The thing you are speaking about blockchain applications being what Internet applications is today will definitely happen according to me but the point is when.. Huh

in 1 year , 2 years , 5 years or 20 years , it will happen and the bitcoin or crypto holders will stuck gold but the time will decide the price it is pretty useless to hold a bitcoin for 20-25 years and keep on waiting for such days to hit gold rather I will cashout as soon as I see some good profit of my cryptos.

Cosbycoin

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Quote from: cryptojacklife on May 15, 2018, 09:02:57 PM

It has been 2 years that I bought my First bitcoin. I have never been able to sell or trade it. Is it only me who is emotionally binded or does this happened with anyone else?

Also, is it a good thing to be emotionally attached so much to Bitcoins?

If this is your first investment in any kind of investments then yes its normal to be attached a bit with the bitcoin , but for us the old traders it was nothing more than mere money and profit and I just sold it off for the profit but I remember the date and the first transaction of my crypto exchange.

cryptos are really very fun and adventurous to handle , profit is just the second part of it , the first thing is the fun involved in the whole process of trading whether you buy or mine it.

LodisMcguire

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For me,not necessarily.I just invest my money in bitcoin with hope that i can save it myself and use it later while gaining profit in the way.The sentiment is good and all,but don't let it make more trouble for you.

werner52911

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You should see the bitcoin for what it is. Either as an investment object or as a payment coupon.

Similar to other investments, this is a very tough business.
In my opinion there is no room for emotional feelings.

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