Sold my first Bitcoin and am happy | Bitcointalksearch.org

finaleshot2016

legendary

Activity: 1736

Merit: 1007

Degen in the Space

As long as you've profited from your investments and used them properly, I'm sure you'll be pleased because it's worthwhile. The happiness you'll feel is pretty much inevitable because you've been holding it for so long, and now that you've gained, it's time to enjoy it.

Quote from: UserU on August 29, 2021, 06:44:12 AM

Uh oh, looks like someone plagiarized off Reddit again!

https://www.reddit.com/r/Bitcoin/comments/ocbqkt/sold_my_first_bitcoin_and_am_happy/

Nice found.

But we don't know if both are the same person, but the content is still plagiarized; a user should be responsible for creating content on different platforms.

Pandji02

full member

Activity: 902

Merit: 101

I was happy to sell the fraction of my savings. We all need to sell sometimes. Thats allow to see real profits, not just numbers

UserU

hero member

Activity: 2128

Merit: 532

FREE passive income eBook @ tinyurl.com/PIA10

Uh oh, looks like someone plagiarized off Reddit again!

https://www.reddit.com/r/Bitcoin/comments/ocbqkt/sold_my_first_bitcoin_and_am_happy/

jakdanyel

sr. member

Activity: 1652

Merit: 304

kycfree

It is really good that you are aware of selling when you think it is the right time to do. Setting price goals can always help someone manage their investments very effectively. Otherwise, greed can take the control of you and it can make you do stupid things like panic-selling etc.. One thing is certain that the most important thing in this market is to be an aware person.

Lordshiva

full member

Activity: 840

Merit: 126

Welcome back 🙏

How I wish that i have a bitcoin to sell right now. But unfortunately, i have nothing left. It was a big mistake and regrets ofcourse, almost 3 years ago when I sold mine. Bitcoin's value that time was crashed. The price is cheaper. And because of fear to lose it all, I decided to sell it all. And look at the bitcoin's value this year it was so impressive..As in Wow! And i have a small amount in trading and hopefull to have a profit from it.

Rajamuda

sr. member

Activity: 924

Merit: 255

Basically, it's very impressive and has its own satisfaction when first selling bitcoin to local currency, like feeling proud of ourselves for successfully earning money from cyberspace (internet). But it would be more memorable if we managed to make long-term investments from a few years ago until now, but I'm sure only a few people are able to hold that far and have never sold it at all from the first time they got to know about Bitcoin.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: sherenikaw on August 26, 2021, 06:23:40 PM

holding it for 3 years and profiting from it is certainly a lot of fun. can compare the price of bitcoin 3 years ago with today, it's really profitable. lucky for people who are patiently waiting for bitcoin to be priced now and all that is replaced with the results. investing in bitcoin is not just about buying or selling but we also have to learn to read and analyze the market so that we can choose the right time to sell or buy. if everything is done correctly then it will produce a large profit that every investor wants. so it all depends on us, want to make a profit or give in to the circumstances and get a loss.

Good for you if you do able to hold your bitcoin for 3 years because if i do able to see that it is peaking its price then i might already had sold it out which it might really be leaving for me to regret
but well it doesnt really matter as long it could be considered as profits then that should people been thinking off and should really be happy.It is just there are people who are really not contented
on what they are earning or gaining.We do have different ways of investment and different ways on when we do secure out our profits.

sherenikaw

member

Activity: 630

Merit: 10

rocket.hashbon.com

holding it for 3 years and profiting from it is certainly a lot of fun. can compare the price of bitcoin 3 years ago with today, it's really profitable. lucky for people who are patiently waiting for bitcoin to be priced now and all that is replaced with the results. investing in bitcoin is not just about buying or selling but we also have to learn to read and analyze the market so that we can choose the right time to sell or buy. if everything is done correctly then it will produce a large profit that every investor wants. so it all depends on us, want to make a profit or give in to the circumstances and get a loss.

thet

full member

Activity: 322

Merit: 110

elysian.finance

Quote from: thet on August 26, 2021, 06:07:02 PM

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

You did a good job and atleast bring back your investment and still holding some of BTC. You are very lucky for doing the right decision few years ago and you are just enjoying the high price of BTC right now. Such a good example of a good trader.

thet

full member

Activity: 322

Merit: 110

elysian.finance

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

You did a good job and atleast bring back your investment and still holding some of BTC. You are very lucky for doing the right decision few years ago and you are just enjoying the high price of BTC right now. Duch a good example of a good trader.

Reosta_

member

Activity: 994

Merit: 20

You did the right thing about setting a price goal for yourself and selling some of your coins. This is what HODLing means in the end. It doesn't mean that you will continue to hold your coins forever. Then there is no point in investing into a cryptocurrency. At some point, you should stop being greedy and sell some of your profit. Greedy people lose most of the time.

Emitdama

sr. member

Activity: 1876

Merit: 328

Quote from: tinopener on March 15, 2021, 05:48:27 PM

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

Sure you should be happy that you did and it’s also a good thing that you sold some of your coins, that’s not bad. You’re meant to reap the fruits of your labor and that’s what you just did. I am also not the type that Hodl forever, sure I do hold for long but I don’t do it to the extent like being so crazy with it.

I try to free myself and also try to explore other options that are available to me. I invest in bonds, gold and other good investments I see. You shouldn’t be limiting yourself to just one thing, it’s always good to try out different things as long as you’re very sure that they are good and worth trying.

pjwaffle

full member

Activity: 539

Merit: 100

BIB Exchange

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

I feel you are a very smart investor, I am happy to share this with you and as investors we need to learn how to diversify different investments, for example. for example you share gold and stocks, because it is a very risky market we cannot put all our investment in one cryptocurrency. We must constantly diversify investment forms according to new trends in order to generate the most optimal profits possible.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: dimonstration on August 25, 2021, 04:46:11 AM

Quote from: Wong Gendheng on August 25, 2021, 12:46:56 AM

Quote from: swiftbits on August 24, 2021, 11:45:04 AM

That's exciting, collecting the fruit of your investments. It's probably felt good not worrying about keeping funds for 3-year long. In other cases, selling bitcoin could provide relief as it releases the anxiety from the unknown price movement. Not everyone can afford to hold and buy coins without feeling doubtful about what might happen in the future.

If I hold bitcoin for 3 years then I will sell at least 40%, it's fun if we hold 3 years and we get big profit, if he buys bitcoin at a price of $8000 then he has earned 600% profit, this is a big profit so it will not be obtained if we invest elsewhere.

There's a profit in bitcoin especially if were able to buy earlier. But now it still possible to do sonce bitcoin adoption now os way too fast and if were good in trading there will be no problem doing it. It will be a good chance to sell knowing we waited or we work hard for it and it makes a huge profit after all the waiting and work we been through. Ondeed bitcoin is a good investment.

Bitcoin is alwats a profit investment but the thing is waiting time sometimes , you will buy but tomorrow the price will drop but while waiting we can always try investing in altcoins.
so don't just put in Purely bitcoin when there are chances in other coins .

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: Wong Gendheng on August 25, 2021, 12:46:56 AM

Quote from: swiftbits on August 24, 2021, 11:45:04 AM

That's exciting, collecting the fruit of your investments. It's probably felt good not worrying about keeping funds for 3-year long. In other cases, selling bitcoin could provide relief as it releases the anxiety from the unknown price movement. Not everyone can afford to hold and buy coins without feeling doubtful about what might happen in the future.

If I hold bitcoin for 3 years then I will sell at least 40%, it's fun if we hold 3 years and we get big profit, if he buys bitcoin at a price of $8000 then he has earned 600% profit, this is a big profit so it will not be obtained if we invest elsewhere.

There's a profit in bitcoin especially if were able to buy earlier. But now it still possible to do sonce bitcoin adoption now os way too fast and if were good in trading there will be no problem doing it. It will be a good chance to sell knowing we waited or we work hard for it and it makes a huge profit after all the waiting and work we been through. Ondeed bitcoin is a good investment.

Rana590

sr. member

Activity: 1750

Merit: 267

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

It is good to have trust on Bitcoin and I support your idea that you want to buy Bitcoin again when it will loose it's price. Holding is always best way to get higher profit from Bitcoin. It's better to not divert your mind to other's direction. Be king on own your crypto world and best of luck to you. I hope you'll be able to buy more Bitcoin in near future.

HaleyOccam

jr. member

Activity: 56

Merit: 37

Quote from: tinopener on March 15, 2021, 06:43:49 PM

Quote from: seoincorporation on March 15, 2021, 06:21:39 PM

Now the question is, for how long you will keep holding the other 95%? do you have a nice goal to chase?

No goal. I just use Bitcoin as part of my general portfolio for diversification.

I plan to keep at least 50% long term.

However, I am worried about the electricity use of Bitcoin. If, for example, Bitcoin were to replace the dollar as the world's reserve currency, it would need twice the amount of energy the world currently produces (or something like that).

My OP is essentially advising people to stay diversified with their investments, and don't be afraid of rebalancing.

Congratulations, you have a clear investment plan. This is a great practice. It can be seen that you are not a person who puts eggs in a basket. I think you should write more about your investment experience, whether for newcomers or For those who do not understand investment plans, this can be a good guide.

lepbagong

full member

Activity: 2268

Merit: 121

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Sir Legend on August 25, 2021, 02:02:18 AM

Quote from: Chato1977 on August 25, 2021, 01:13:17 AM

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

My first selling is 20% of my total asset mate , and same feeling as yours .. also i convert almost 70% of my altcoin into bitcoin after that selling because i think it is more worth holding that Shitcoins .

Selling when we have made a big profit is the thing to do, bitcoin can go down at any time so when we sell and already make a profit then it is the right thing, I first bought around 1.2 btc in 2015 when the price was around $240, and I immediately sell when you get 15% profit, for me this is a big profit in 3 months.

I think maybe what you say is already the best you have done but actually if you want to be patient again of course you will be able to get something bigger.
because we know that bitcoin will always have a halving every 4 years and at that time there will be a sharp increase from the last ATH, actually you can do that because it is certain that bitcoin's decline is only momentary and will move up again after the halving.

Sir Legend

sr. member

Activity: 1792

Merit: 255

Quote from: Chato1977 on August 25, 2021, 01:13:17 AM

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

My first selling is 20% of my total asset mate , and same feeling as yours .. also i convert almost 70% of my altcoin into bitcoin after that selling because i think it is more worth holding that Shitcoins .

Selling when we have made a big profit is the thing to do, bitcoin can go down at any time so when we sell and already make a profit then it is the right thing, I first bought around 1.2 btc in 2015 when the price was around $240, and I immediately sell when you get 15% profit, for me this is a big profit in 3 months.

Chato1977

member

Activity: 1162

Merit: 58

Quote from: tinopener on March 15, 2021, 05:48:27 PM

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

My first selling is 20% of my total asset mate , and same feeling as yours .. also i convert almost 70% of my altcoin into bitcoin after that selling because i think it is more worth holding that Shitcoins .

Topic: Sold my first Bitcoin and am happy (Read 2537 times)