Topic: I rather stay hungry than sell my Bitcoin - page 2. (Read 3000 times)

It's really a tempting period for Bitcoin investors considering the constant dip we have been experiencing for a while. I was once adviced to sell my coin when I had an issue that needed money urgently but I objected it took me quite a long time to hodl and loosing them now isn't a healthy idea at all.

If I sell off my coin I might not be opportunied to buy back the coin at the exact rate I bought the previous one and had to come to a concrete decision of not selling my coin no matter the consequence. Yes it's going to be a different story if it turns out negative but what if it turns out positive. Vertually everything about life had two faces been the negative outcome or the positive there is hardly any in-between and so for me I rather take the risk and face what ever comes my way in the near future because risk is a necessity as far as investment is involved.

If it turns out positive certainly the joy would be all mine and certainly a portion of it would be rubbed on people around and if it turns out the opposite direction then I bear my loss alone. It's really my cross to bear and making this decision was out of a deep quite time I had while I was wondering if I go ahead to cash out or I maintain my hodl and from all indication I just have to maintain my hodl till I get my reward no matter the manner it would appear.

Health matters more than your bitcoins, with the current era that we are in right now, I think you have options to actually sell some of your bitcoins and gain it back by joining campaigns in this forum or do investments, in that way, you won't starve nor lose any bitcoin, having 1 plan is not gonna be enough and viable, it's like you waited for years to gain profit from what you are hodling just to pay for your medical bill, it ain't worth, you have several options, don't let starvation be an option.

Well, I need to stay alive to enjoy my bitcoin and I need not solely depend on bitcoin for my daily financial needs to avoid selling off. Selling a little fraction of my bitcoin to take care of myself is never a bad idea for me, a bad idea would be selling all and hoping to buy back in the future.

I have never heard of such affection for Bitcoin. Holding bitcoin is a good thing but no one will support you to hold bitcoin with difficulty. Learn to love yourself first anyway thenI Love Bitcoin. Remember that Bitcoin can never be bigger than your life.

absolutely right you are because life is more important than money and bitcoin. We have to love ourselves first then we should think about others things like savings, times. Our valuable is worthless if we don't use it in our needy situations.

I have never heard of such affection for Bitcoin. Holding bitcoin is a good thing but no one will support you to hold bitcoin with difficulty. Learn to love yourself first anyway thenI Love Bitcoin. Remember that Bitcoin can never be bigger than your life.

Yep. It is too overthinking, life should be the priority. Bitcoin is important, but it is nothing compared with life. Having many Bitcoins will be useless if we got sick or cannot continue our life because of selfishness to keep it. In that situation, I surely will sell my Bitcoin for food or for anything needed to continue my life. My priority isn't always to be rich, be healthy or stay to live well is much more important than force to keep the Bitcoin asset.

The consequences of not eating for almost a month at the expense of hodling Bitcoin is not advisable, better still there is the option of selling some of the coin to buy food and survive, personally I wouldn't try such especially having a family who depends on me for survival, I wouldn't want to voluntarily starve them when I had other alternative with Bitcoin, I believe it is easier says than done, when we with real financial challenges, the best option is to exchange Bitcoin to fiat so as to bail us out from the trouble.

You need food to survive for how long do you think you'll last without food because you decide bitcoins for them.

Imagine not eating for a month, I'm sure you'll start weakening your body and mind, and what's the point of Bitcoins stored in a wallet?
There's another possibility you ending up losing your memory because of weakness and losing all your bitcoins.

It is completely unwise thing thing to do. Why would I want to prefer staying hungry over selling my Bitcoin? Do I want to die or have a low-quality life? Bitcoin investments shouldn't be seen as a vital thing for a person. It is like making an investment into gold or fiat. When you need money, you convert the needed amount. It is that simple. You shouldn't risk your life by doing such weird thing.

yes you are right, you have the same opinion as me, actually when we decided to buy BTC we wanted to keep it for a long time and this is also my savings, like you, i will buy BTC and leave it somewhere not for sale at the moment. until I'm old enough to retire or be able to leave it to our children.

It's really a tempting period for Bitcoin investors considering the constant dip we have been experiencing for a while. I was once adviced to sell my coin when I had an issue that needed money urgently but I objected it took me quite a long time to hodl and loosing them now isn't a healthy idea at all.

If I sell off my coin I might not be opportunied to buy back the coin at the exact rate I bought the previous one and had to come to a concrete decision of not selling my coin no matter the consequence. Yes it's going to be a different story if it turns out negative but what if it turns out positive. Vertually everything about life had two faces been the negative outcome or the positive there is hardly any in-between and so for me I rather take the risk and face what ever comes my way in the near future because risk is a necessity as far as investment is involved.

If it turns out positive certainly the joy would be all mine and certainly a portion of it would be rubbed on people around and if it turns out the opposite direction then I bear my loss alone. It's really my cross to bear and making this decision was out of a deep quite time I had while I was wondering if I go ahead to cash out or I maintain my hodl and from all indication I just have to maintain my hodl till I get my reward no matter the manner it would appear.

It makes me smile every time I read this topic name, because dbc23 never mentioned how long he is planning to hold bitcoin and what will be the price he plans to sell it. He plans to hold and that is it. Holding without purpose is silly.
Actually, I dont believe that he will really rather feel hunger and hold. I think that he can stay hungry for a week, but not more. During one week, bitcoins price never changes dramatically or multiplies several times. So he would feel hungry just to get several thousand dollars, if we take that he holds just 1 bitcoin.

If I sell off my coin I might not be opportunied to buy back the coin at the exact rate I bought the previous one and had to come to a concrete decision of not selling my coin no matter the consequence. Yes it's going to be a different story if it turns out negative but what if it turns out positive. Vertually everything about life had two faces been the negative outcome or the positive there is hardly any in-between and so for me I rather take the risk and face what ever comes my way in the near future because risk is a necessity as far as investment is involved.

If it turns out positive certainly the joy would be all mine and certainly a portion of it would be rubbed on people around and if it turns out the opposite direction then I bear my loss alone. It's really my cross to bear and making this decision was out of a deep quite time I had while I was wondering if I go ahead to cash out or I maintain my hodl and from all indication I just have to maintain my hodl till I get my reward no matter the manner it would appear.