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Topic: I never sold my First bitcoin. Are you also emotionally bound to bitcoin? - page 6. (Read 1943 times)

full member
Activity: 479
Merit: 105
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?

From what I first think about it, it seems to be impractical to this but then I realize that we sometimes fear that if we sell them, it will be hard to come back. Bitcoin becomes a legacy and part of our society. Getting your first bitcoin is like getting your first medal in school. But then it is created to use, so I hope you will use it in the future when you see fitting.
Bitcoin is being earned to use but emotionally attached on it has also good return because you can possibly wait for it be profitable. Let say it is your very valuable asset that the value now is not worth of it and need more time to be more expensive. Even it is hardly to get way from you, when very important happened that needs huge money, you can get it unless you have another source and savings for that time.
member
Activity: 175
Merit: 23
MenaPay - Crypto made easier than cash
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?

From what I first think about it, it seems to be impractical to this but then I realize that we sometimes fear that if we sell them, it will be hard to come back. Bitcoin becomes a legacy and part of our society. Getting your first bitcoin is like getting your first medal in school. But then it is created to use, so I hope you will use it in the future when you see fitting.
member
Activity: 140
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?

I don't think emotionally attached to something is considered as bad thing but it is not a good thing too.
But i think it is bad idea that you not sell your bitcoin because you could gain profit if you sell it last year
why you not sell that ? such a waste
newbie
Activity: 138
Merit: 0
at what price you bought it, 2 years ago bitcoin is still cheap and mid year pumping high why do not you sell it at that time
jr. member
Activity: 154
Merit: 1
I haven't spent my first bitcoins yet, but not for sentimental reasons, just using investments in the long term.
newbie
Activity: 75
Merit: 0
Bitcoin investment is strictly business and I always sell out my Bitcoins when the time is due. I do not see the essence of keeping my first or last Bitcoin when the need arise. The Bitcoin wallet is not a museum, is it?
member
Activity: 490
Merit: 10
No, for me bitcoin is only a means to earn money, although I remember with warmth the moment when I first bought it.
jr. member
Activity: 84
Merit: 1
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 not a bad thing in my opinion, not as so much as emotionally attached either. I think your bleakly waiting for the prices to extravagantly and exponentially grow to amounts beyond expectation.
Bitcoin displays that much potential and capacity, it's your bitcoin you can do whatever you want with it. Sell high though and good luck.
sr. member
Activity: 1036
Merit: 275
I do not like to sell bitcoins neither, that is why i have always been holding all the coins that i have, it is a very bad practice to be selling them, at least it is not good for me
member
Activity: 132
Merit: 10
Well i do not like to sell bitcoins and that is the main reason of why i am always buying as much as i can as soon as i have some money available. But yes, i sold some on the past, that is not a crime.. but it depends on the time also.
full member
Activity: 406
Merit: 100
When traders are able to withstand emotions when the exchange rate falls It is very important to anticipate the occurrence of losses so they tend to have great opportunities in achieving success in the future.
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
At first, i never sold my first bitcoin because of the fact that i got it as a reward of my hard work. I was able to keep it for over  8 months before i finally sell it due to unexpected turn of events which my bitcoin is the only solution i can think of.
newbie
Activity: 21
Merit: 0
"Why, mr. BTC? Why, why, why? Why do you do it? Why get up? Do you believe you`re fighting for something more than your survival? Is it freedom? Anonymity? Transparency?.. Why do you persist?"

"Because I choose to."
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
I am not, i already use my first bitcoin about 10 minutes since i bought it to buy some eth from shapeshift. I treat bitcoin as a investment so i don't have that kind of bound to it, i will sell it whenever i feel satisfied with the price or if i need it for something else. It is good that you still hold it because the price already increased a lot.
newbie
Activity: 112
Merit: 0
I sold half the bitcoins for $ 1000, decided to wait a bit and I was lucky to sell them for $ 10,000, but I was very upset when he reached $ 20,000.
newbie
Activity: 39
Merit: 0
This happens to most people who are pricing their bitcoin that they are holding like me but it's not just about emotion. Good for those who keep it and never spend their bitcoin.

actually its like peoples mentality as human natures when bitcoin starts rising the people use to buy and buy and buy when bitcoin reaches a new high then they wil start buying but unfortunately its price drops because it has already reached a new high..so what happen the people who bought at high they are scared to see bitcoin dumping but they dont know its a game..so remember we must never sell bitcoin patience is the only key in crypto field.
full member
Activity: 310
Merit: 100
I also owned a bitcoin but at that price was too low so I sold it. By now I feel sad because its value. As of today, its value has increased approximately several thousand times.
newbie
Activity: 72
Merit: 0
I think it has been a popular trend for Bitcoin over the years, many are hoping that it will happen again, and for me, that's why many of us try to hold on to it. His Bitcoin. But sometimes you put it at risk of investing, you can make a profit for it and make it grow.
newbie
Activity: 80
Merit: 0
You are doing a great job to keep it, I hope you can keep it until the price goes to 5-6 digits again. I sell bitcoin because I help our family with our expenses that make it free for financial problems and there is something to save for myself for the future.
full member
Activity: 518
Merit: 184
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?

Emotion is part of everything we do weather investments or other things. Like you i am also emotionally attached with my investment but i had learned how to control it thats why i still hold on with my investment because i know that it would be worth it in the long run. We just need to be patient and have a strong will.
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