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Topic: I never sold my First bitcoin. Are you also emotionally bound to bitcoin? - page 4. (Read 1943 times)

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
I have enough shitcoins that'll almost certainly die to know it's very stupid to get emotionally attached to anything. It certainly isn't emotionally attached to you.

If BTC stopped serving my purposes I'd walk away without thinking twice. I'd dig what it gave me but that's about it. In this space emotion is your eternal enemy. The less you have the better off you'll be.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Sticking to Bitcoin is possible if you are financially buoyant, you can hold even when there is a rise in the price, for me I tend to take profit and  invest into aLTCOIN, But I ensure I hold a certiain amount  of Bitcoin everytime. I believe strongly about in Bitcoin and the fundamentals.
full member
Activity: 283
Merit: 100
I have never sold my bitcoins, because I stick to investing in the long term. So my first bitcoin is still with me.
member
Activity: 308
Merit: 12
I don't feel any emotional attachment to investments or money in General. This is just a means to buy any things or entertainment. And the sentiment interfere with business.
member
Activity: 119
Merit: 10
Well i am emotionally attached too, i would not like to sold my bitcoins because i think that it would be a very big mistake, i would be losing the opportunity to make a huge amount of money
member
Activity: 163
Merit: 10
I am not like that, because for me buying bitcoin is to get a profit, so when there is an advantage I will sell it, and when it is possible to buy what I think will make a profit, then I will buy it.
jr. member
Activity: 52
Merit: 10
DAOX ICO 2.0
Never say never. I think there may be a situation when I have to sell all my assets, including the very first coins. Sad but true.
member
Activity: 236
Merit: 10
I can not just keep bitcoin like that because I like trading and I like buying new coin that is listed  in coinmarketcap and trade for a while.  I Sell most times if I have financial challenges. It not about emotions.
hero member
Activity: 759
Merit: 500
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?
It’s normal to feel like that as long as it doesn’t jump further than that. As I used to save to buy game console, I feel proud because it’s mine and I have worked hard for it, but don’t let the pride disturb or obstructing our life, if you really need money then sell your beloved Bitcoin.
sr. member
Activity: 630
Merit: 250
I think you are too emotional, so can not afford to sell it, like the first love for you ..peace .. !! Grin Wink
bitcoin is so emotional for me that I buy and sell it. emotions and rolls, but the number is constantly growing and this leads to the increase of lyuvi to him.
member
Activity: 125
Merit: 10
Although I sold part of BTC, I will keep part of BTC for a long time. I will hold this part of BTC for a long time until the price of BTC reaches one million dollars.
copper member
Activity: 381
Merit: 0
No, not for me. Even though i love Btc, I didn't get so emotional attached to m first btc when i started. I always knew i could get it again when i wanted.
jr. member
Activity: 44
Merit: 1
It is true that a lot of people get emotionally attached to their coin, it is not all emotional, sometimes it could be due to the fact that they don't want to miss out of the boom that may occur after selling, this is one aspect of FOMO (Fear Of Missing Out), it makes them want to buy and not sell because they don't want to miss out of the moon period. My sincere advice to anyone who wants to be successful in this cryptocurrency business is that:
One should never get so used to a coin as not to sell when the price is good.
One should also not be greedy about profit margin, take your profit once it's reasonable.
Always set your goals and once your goals are met, do the needful and sell out.
newbie
Activity: 75
Merit: 0
You're so attached to bitcoin. You must have a plan and let go of the coin in the best way. But right now it is right to hold and sell your bitcoin when the price rises. So what you did is good but let go of your coin when you have to.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
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?
no need to do it  Grin how if we need money. bound in a currency is not good because you will miss peak price especially when you bought it 2 years ago you must be get it in a cheap price. if i be you i will sell it when it is on peak
newbie
Activity: 210
Merit: 0
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?
are you kidding dude?
if you hold bitcoin from 2 years ago around 2016 you first buy it. and when at the end of 2017 the price of bitcoin is very high and you still hold it ?? I think you're crazy or just making up stories.
look at what bitcoin prices before 2016 and compare with prices in 2017.
you are really kidding.
member
Activity: 135
Merit: 10
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?

This emotional attachment to the coins you own is not very useful, I have lost a lot of money being unable to sell coins at ATH just because of some emotional attachment to them. Better to stay rational.
jr. member
Activity: 140
Merit: 1
I believe in the technology. I believe there's a need for decentralised systems like this where probably the majority of people don't have a bank account.

I live in the UK and I don't trust my government to run our economy effectively. Austerity has slowed our growth to less than any comparable countries. We're leaving Europe and that's going have a negative effect on the value of the money I own.
newbie
Activity: 50
Merit: 0
I don't think that will do you any good if you had to do something practical. You should not be emotionally attached in investments, you should always be practical.
hero member
Activity: 2590
Merit: 644
If you didn't sell your first bitcoin when it was playing around with almost 20,000 USD then you already missed the one of the best opportunity to make a lot of money, you should not always hold bitcoin because you might lose some good time to sell and if you sell your bitcoin to close 20,000 USD then now is the best time to buy again or buy back.
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