Topic: Sold my first Bitcoin and am happy - page 6. (Read 2546 times)
If you have kept your bitcoins for more than 3 years, then in any case, your strategy has brought you benefits. The decision to distribute capital in different directions, be it gold or currencies with stocks, is absolutely correct. It makes no sense to count on any one asset if there is an opportunity to invest in several. Thus, you insure your risks and, as you rightly noted, you will not be slaves to your bitcoin. And of course it is very important to sleep well at night!
I'm happy to see your story, friend. I think a success, when you can hold the bitcoins that you have stored for up to three years. surely at this time you really enjoy happiness, because you have benefited a lot. Not a few people are afraid because they are not sure, and they end up regretting it when they see the current price. I myself am not as lucky as you, because I do not have the patience like you. I congratulate you on your success, friend.
patience and confidence will yield satisfactory results. I can't be patient for bitcoin either. I sold mine for $ 30k- $ 40k and I think that's an already high price. But the price was able to reach double my selling price.People who have been patient until now with large amounts of bitcoins will become billionaires. that's a very satisfying result. Holder is always a winner.
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 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 sounds like you are a considerate and reasonable mind, congrats! Not all holders are that way. Even though it now feels great you probably also felt some pressure every now and then. Was holding onto it tough for you sometimes or were you confident all the time?
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 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'm happy to see your story, friend. I think a success, when you can hold the bitcoins that you have stored for up to three years. surely at this time you really enjoy happiness, because you have benefited a lot. Not a few people are afraid because they are not sure, and they end up regretting it when they see the current price. I myself am not as lucky as you, because I do not have the patience like you. I congratulate you on your success, friend.
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.
Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.
Many people will say that you sold a bit too early but don't listen to them. If you are happy selling some of your bitcoin then its good for you. Also if it is first time you sold the bitcoin, you would have experience a much faster experience as compare to the fiat transactions.
When I have sold my coins in past, some of my friends who are holding for a very long time has told me what a grave mistake I did, they told me instead of buying that luxury trip with so nice dinner, a good resort, I should have hold it so that I can be rich in my "60s" according to them
if I can't use my money when I'm in my youth then the money isn't mine, it's for the next generation as when I get old, I won't need the money for myself anyways. 
Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.
Many people will say that you sold a bit too early but don't listen to them. If you are happy selling some of your bitcoin then its good for you. Also if it is first time you sold the bitcoin, you would have experience a much faster experience as compare to the fiat transactions.
I think you did the right thing. Because even HODLers don't hold their coins forever in the end. At some point, you will want to sell some of your profits or maybe even all of them. And it's a totally normal thing. Otherwise, there would be no meaning in HODLing.
That was a good move there after a long time hodling that investment and I believe it is the right thing to do anyways. We should always consider taking some profits after some time just for the satisfaction of our investment. I wish I was able to hold my bitcoin from back in 2017 but there was much to do back then with funds.
Definitely but OP could've got a little higher on the percentage of bitcoin that OP has sold but that's just my opinion. If OP still has the spare money to spend some bitcoin, I think that OP might want to buy some and increase the bitcoin that s/he is hodling because now that the prices are wavering to low points, it might be a big bounce. I see that you are into long-time holder base on the amount you just sold anyway congrats cause you deserve it you are one of the reasons why we still holding at the current price. Because there are lots of people like you who wanted to support bitcoins by holding as long as you can.
Yeah, holding for a long term is always be the best choice, it will help the bitcoin community and it will help yourself as well to earn more money compared to investing for a long term in a way that when you have earned already a small amount of interest you just sell tour bitcoin, that isn't advisable, you can do it if you need money but if you can still hold it until you can then just keep holding, your patience will be worth it for a long term. 
good for you. this is one of the satisfaction in itself that comes from ourselves. sometimes not listening to other people is important because a lot of suggestions are popping up now that bitcoin has started experiencing a correction over the past few weeks.
try to appreciate your wealth more from now on because I think 95% of the assets you have today are fantastic things in the future.
stay calm and take advantage of the current momentum because bitcoin might shoot at any time.
try to appreciate your wealth more from now on because I think 95% of the assets you have today are fantastic things in the future.
stay calm and take advantage of the current momentum because bitcoin might shoot at any time.
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.
-*-
It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years.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.
-*-
actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable.
although it is a big risk if you do wrong and are impatient like you.
of course the right thing if bitcoin goes down to buy it and save to wait for the increase again.
You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good.
of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that.
The point still remain that OP is happy with his decision, it's take a long ride of holding and not to lose hope
that time will come and his investment will recover, that long 3 years of skipping your eyes from looking with
your negative assets. That's really amazing and even it's just 5% of profits, the fact still the same, profits is profits.
Beside we don't know the amount of his actual investment.
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.
-*-
It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years.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.
-*-
actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable.
although it is a big risk if you do wrong and are impatient like you.
of course the right thing if bitcoin goes down to buy it and save to wait for the increase again.
You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good.
of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that.
if you sold some of your profit and you thought it's the right decision and you were happy with it at the time, don't blame yourself afterwards if bitcoin got higher, i think it's a messed up mindset that people have, you got what you wanted, it's done, what comes afterwards is not related to you, you don't have that 5% of bitcoin you sold no more, so you should not feel bad if the price gone up, and use your money wisely.
Chill man, he already said that he is happy and has no regrets. For the OP I did not see anything that mentions anything about him regretting his decisions in selling that Bitcoin. He sold it and he is satisfied. No one can predict the future so we can never tell when Bitcoin will reach full potential. For the OP also, just don't feel any regret, like the guy above said, don't feel regret in case BTC went to the top. I think you sold at a good time and that is very fine. Good for you.
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 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).
True that, I too believe we should take some profits after a long while and especially with such investment like Bitcoin and considering from the time of investment, 3 years is a good length of years to have held on to that investment. I believe this would have been some substantial profits and it was well deserved.
That was a good move there after a long time hodling that investment and I believe it is the right thing to do anyways. We should always consider taking some profits after some time just for the satisfaction of our investment. I wish I was able to hold my bitcoin from back in 2017 but there was much to do back then with funds.
The fact is that you actually earned money by investing! It doesn't matter how much you earned if you are satisfied with it.
Some people hope that the price will go up and hold onto things and at the end, they end up loosing their money so you should be proud of yourself!
Congratz~!!
Some people hope that the price will go up and hold onto things and at the end, they end up loosing their money so you should be proud of yourself!
Congratz~!!
if you sold some of your profit and you thought it's the right decision and you were happy with it at the time, don't blame yourself afterwards if bitcoin got higher, i think it's a messed up mindset that people have, you got what you wanted, it's done, what comes afterwards is not related to you, you don't have that 5% of bitcoin you sold no more, so you should not feel bad if the price gone up, and use your money wisely.
Congrats! Not all holders had patience like you did. Hodling really paid off, riskier but its the most rewarding strategy. It’s never too late for new people in crypto space to hold, 3 years from now they might share same story of success just having patient.
I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.
You should always do it if you can. Getting back original investment makes you less worried and more confident. I also did that early on, when I had 3x profit and felt great. I still hold the rest of my coins. Quote
However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.
You shouldn't hold at all cost, nobody is saying that. If you need money, sell. Like nobody is going to tell a sick person to hold because bitcoin is sacred and die from lack of proper healthcare.
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