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Topic: I never sold my First bitcoin. Are you also emotionally bound to bitcoin? - page 7. (Read 1943 times)

sr. member
Activity: 1246
Merit: 285
It's not wise to make an emotional connection. The more the price falls, the more you lose and the more psychological damage you experience. In such things, emotional links cause you to miss opportunities.
You are right. We must be wise in making choices. Do not miss a good chance just because of the emotional bond with the first coin. Especially if the rise to peak as late as last year, essentially use the best opportunities, and always grateful.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
Yes, even until now I still holding bitcoin and some altcoins. if the bitcoin price is able to break out at 7700, it will likely rise. Only to this day altcoins still stuck. unfortunately altcoins red colour. But I hope green everything.
newbie
Activity: 210
Merit: 0
You buy bitcoin for what purpose is not to earn more money. If you do not use it, leave it alone
hero member
Activity: 931
Merit: 500
I can be regarded as an emotionally bound to bitcoin, but i sell it when price rising and i buy it back when price drops. Investment and sentimentality aren't a good pair.
hero member
Activity: 1834
Merit: 523
When you bought bitcoin last few years ago and Until now you still holding this coin you will get more profit once the price increase very high. Better to relax And do what ever you want and you will see the price increasing again.
legendary
Activity: 950
Merit: 1000
It's not wise to make an emotional connection. The more the price falls, the more you lose and the more psychological damage you experience. In such things, emotional links cause you to miss opportunities.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
I think no. It's just an investment and it should give you benefit. We should analyze everything and do necessary things with our money and investments.
For me bitcoin is not something that you have to attached with that much because there is moment that has to used it for your own good. I sell bitcoin because I help my family on our expenses which make as free for financial problem and have something to save for myself for future. Bitcoin can earn in any other way and you have to make it more profitable than keeping it because the price is very volatile for you not to regret and make high volume.
Been emotional towards crypto currency is one of the worst thing a cryptonier must do. Although, that bought btc during the last 2years time won't be affected much in terms of profit but every thing about the market work with time.
full member
Activity: 429
Merit: 102
I think no. It's just an investment and it should give you benefit. We should analyze everything and do necessary things with our money and investments.
For me bitcoin is not something that you have to attached with that much because there is moment that has to used it for your own good. I sell bitcoin because I help my family on our expenses which make as free for financial problem and have something to save for myself for future. Bitcoin can earn in any other way and you have to make it more profitable than keeping it because the price is very volatile for you not to regret and make high volume.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
I feel like we somehow are connected. When I cling to something, I will never let go of it. But that is not my case with Bitcoin due to my need of money. I am glad that you managed to hold your bitcoin for a long time and I hope your patience will be rewarded with a good profit in the future. Therefore, keep holding your bitcoin and never lose faith in it. Good luck!
full member
Activity: 532
Merit: 185
I’m holding on to my first Bitcoins also. My plan are to hodl  my first bitcoin for 10 years or more. And when I got my first altcoins, I bought them with new Fiat money, so I didn’t need to sell my first Bitcoin, I think I’m also emotionally connected to my first BTC.
newbie
Activity: 224
Merit: 0
I think no. It's just an investment and it should give you benefit. We should analyze everything and do necessary things with our money and investments.
hero member
Activity: 3080
Merit: 603
This happens for most that are valuing their bitcoin that they are holding like me but it's not only about the emotion.

There are times that I have to sell few of it in case that I need some cash to spend to with something which is also important. Good to those that kept it and never spent their bitcoins. You're doing a great job of holding it, I hope you can hold it until the price goes to 5-6 digits again.
full member
Activity: 952
Merit: 107
I think this is just an asset that you don't need to get attached to) It's just money)
Sometimes it is good to be emotionally attached on your asset because it will be hard for you to sell it so it will stay and become profitable when it gets more expensive in the future but the thing is, it is money that can be used in time. But sometimes when you put it to risk to invest, you can have profit for it and make it grow.
member
Activity: 560
Merit: 10
No i'm not because i need to sell it XD because that's the reason i bought it at first to gain profit and use it for online payments or buying anything online
sr. member
Activity: 910
Merit: 257
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 wouldn't say emotionally bound, but for me, I think it's more on just the plain strategy of holding it to wait for the best time to dispose it for profit. Many of us has been patiently waiting for the day when it would again surge and regain whatever value it lost in the past several months, just like what happened last year. I think that since that has been the prevailing trend for Bitcoin in the passed years, many people are hinging on the hope that that would happen again, and for me, that's why many of us try to hold onto our Bitcoins.
newbie
Activity: 81
Merit: 0
no, i don't get emotionally attached to bitcoin because it's an asset that i use to get more profit. 
newbie
Activity: 76
Merit: 0
yeah it's normal to feel some sort of sentimental but then what is your point in buying that bitcoin?.
i mean we bought it to gain profit and use it online or sell it for fiat
newbie
Activity: 85
Merit: 0
Emotionally bound is not really good because at first you bought bitcoin to gain profit in the future or even use it online if you don't want to sell it for money that's bitcoin supposed to be
member
Activity: 317
Merit: 11
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?
how can you distinguish your first bitcoin from another one? do you separate your wallet?
legendary
Activity: 966
Merit: 1000
I don’t really think about it, my focus are how many and the price that might be the focus of every Bitcoin holder. But it's only natural that you used to work hard to buy Bitcoin and now it might be a success or at least the price is higher than 2 years ago, it could be a sign that your decision is right.
 
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.
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