Still haven't sold a bit of BTC since 2013... if I can do it you can do it too! - page 5.

TheGreatPython

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Quote from: cheezcarls on January 27, 2022, 06:46:47 AM

Unfortunately I don’t have BTC anymore. I gave them up last December 2020, but ended up regretting when it moons all the way up to $20k+ and almost touched down $70k too. Only ETH so far I have bought at cheaper price under $200 and holding it until now.

Right now it’s on a up and down trend between $34k to $37k, so I might be planning to do some DCA on this every month.

To whom you gave it? That person can be the happiest person living on earth if he still holds that btc you gave until now and if ever he solds it I think he will still gave you something so cheer up man. You may loose your btc but what important is that you helped someone. That is a rare trait and not all people can do that.

In the end you still have your eth with you and your already seeing the fruits of your efforts, just hold on for it a little longer because I believe that there is a bright future coming from eth. Holding btc or eth is not a dumb decision but holding junk coins are, however holding btc and eth is risky due to their volatile nature.

stadus

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Quote from: Similificator on January 28, 2022, 09:11:04 AM

Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

Its not dumb but a privilege. Being financially stable or in control enough to not have to spend all the bitcoins you are saving, you are very lucky and I am pretty that if you ask anybody here, no one will ever sell their bitcoin unless necessary or in a tight emergency. Had I been in such a situation, I would only accumulate and would not care about trading, even more so after seeing the increase in value as time passes. Anyway, congratulations on holding up to this day. Having enough money is also considered as a personal trait. If you have an advantage, why not use it, right?

Its my wish to hold bitcoin as long as i want, but until now it was never realized. Good for you OP that you were able to do the right thing.

"Investors that have strong convictions and have done the research are able to hold for long periods of time, riding out rocky market events." That is according to Prince Alwaleed Bin Tala, a well known in the investing world.

Cling18

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Quote from: virtualdn on January 26, 2022, 06:36:48 AM

Quote from: mynonce on January 26, 2022, 06:34:19 AM

Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It's very easy, if you can afford it. Most people can't.

It's not easy because I'm not a rich person. But I dream to become one one day and this is what keeps me hodling. It's hard but doable.

I'm sure that it wasn't easy for you. You really have the patience to hold for such a long period. I hope everyone would have the same capability wherein there will be no need to spend your long time investment for your necessities. Not everyone has the same capability yet we could also have the courage to hold for a long time.

Similificator

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Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

Its not dumb but a privilege. Being financially stable or in control enough to not have to spend all the bitcoins you are saving, you are very lucky and I am pretty that if you ask anybody here, no one will ever sell their bitcoin unless necessary or in a tight emergency. Had I been in such a situation, I would only accumulate and would not care about trading, even more so after seeing the increase in value as time passes. Anyway, congratulations on holding up to this day. Having enough money is also considered as a personal trait. If you have an advantage, why not use it, right?

Japinat

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Quote from: Baofeng on January 28, 2022, 06:20:18 AM

Quote from: virtualdn on January 28, 2022, 06:16:56 AM

Quote from: btc78 on January 28, 2022, 06:11:52 AM

How on earth that you afford to Keep holding mate? meaning you are a wealthy person that denies taking your big profit because you can still afford holding while you are one to be considered as Early Adopter ?

Man you are so great and this post is worth sharing, How i wish i have the guts to do how you portray your role being a Bitcoin Holder.

I'm not rich but at the same time I'm confident that I may never win the lottery, so BTC is my only chance to become rich and live a worry free life so until I see it happening won't sell a bit

Good mindset mate, I think I will go with it and hopefully I can be a good holder just like you.

Yep for those who are thinking of hitting a lottery, the chances are slim. So instead, it's better to invest on bitcoin, by all means possible, DCA or if you have capital from time to time and then just hold and protect it in your wallet. Maybe a good wallet like a hardware wallet will be a good one if you are thinking of doing what @virtualdn has done in the last 109 years.

You can be a good hodler like OP if you can manage your finances well and won't end up lacking funds most of the time. But honestly, i find you OP as a very resilient person. Its hard to persist when you can make a lot of profits if you sell your coins instead of hodling them. I guess being you will definitely earn a huge profits in the future when all your sacrifices will paid off. Keep hodling.

Questat

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Quote from: btc78 on January 28, 2022, 06:11:52 AM

How on earth that you afford to Keep holding mate? meaning you are a wealthy person that denies taking your big profit because you can still afford holding while you are one to be considered as Early Adopter ?

Man you are so great and this post is worth sharing, How i wish i have the guts to do how you portray your role being a Bitcoin Holder.

It was his desire to keep holding and enjoy seeing his portfolio grow which people can't certainly imagine doing it in real life. And I think it was not hard for the rich people which probably he is but for us who just have limited resources and we sometimes just rely in crypto, that is really impossible.
Now, he become legendary and I'm sure he can do hold for more years.

Well, OP, I was truly amaze of what you've done. I want to be like you but it can't...wish you goodluck then.

Natalim

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BTC to the MOON in 2019

Quote from: virasog on January 28, 2022, 07:00:09 AM

Quote from: virtualdn on January 26, 2022, 06:36:48 AM

Quote from: mynonce on January 26, 2022, 06:34:19 AM

Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It's very easy, if you can afford it. Most people can't.

It's not easy because I'm not a rich person. But I dream to become one one day and this is what keeps me hodling. It's hard but doable.

But now u must have become a rich person if you are holding even a single bitcoin. Since in 2013, the bitcoin was so cheap, so can you tell us how many bitcoins are you holding at the moment?

Its rightly said that crypto rewards to those who can hold it for maximum time. What are your plans for when you will be selling your savings ?
You much have a target selling price in mind.

Being rich depends on anyone's target. A poor person may think he is rich if he holds $10,000, but for some it's just a small money, that's because we have different satisfaction and for me, although 1 BTC is big enough already but I don't call myself rich if I own at least 1 BTC.

virasog

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Quote from: virtualdn on January 26, 2022, 06:36:48 AM

Quote from: mynonce on January 26, 2022, 06:34:19 AM

Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It's very easy, if you can afford it. Most people can't.

It's not easy because I'm not a rich person. But I dream to become one one day and this is what keeps me hodling. It's hard but doable.

But now u must have become a rich person if you are holding even a single bitcoin. Since in 2013, the bitcoin was so cheap, so can you tell us how many bitcoins are you holding at the moment?

Its rightly said that crypto rewards to those who can hold it for maximum time. What are your plans for when you will be selling your savings ?
You much have a target selling price in mind.

Welsh

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Quote from: OgNasty on January 28, 2022, 01:24:37 AM

If you've taken the ride from $200 to $30,000 without selling, might as well see how high it will go. A smart man once said to run your winners long and cut your losers short. Bitcoin has been a long running winner for quite some time now. Not selling is better than many people who have purchased Bitcoin during that period.

At some point, if Bitcoin continues to rise or potentially stabilises in the future, then one can probably assume that most places are accepting Bitcoin at this point, and therefore there might not actually be any point in converting it back to fiat, considering the inflation that fiat will forever be plagued with.

Quote from: OgNasty on January 28, 2022, 01:24:37 AM

I can imagine though if you are sitting on a big stack and will owe a ton of money in taxes, you have to be toying with the idea of moving to Puerto Rico right? I've never been myself, but I have to admit that spending 7 months there to save a bundle on taxes is more than just a little tempting. I think if Bitcoin did go parabolic before summertime hits, I might find myself there.

Seems like everyone that has a little bit of money goes there. What's the tax there 11.5% regardless of your income or is tiered depending on the amount of income you earn? Personally, even if I was in the position of being an American Citizen, and having a boat load of money, I'd probably not get on with the climate over there. I guess its a no brainer for most people though, the only issue would be healthcare not being free, but I guess most Americans are already paying for healthcare anyway.

Quote from: virtualdn on January 28, 2022, 06:16:56 AM

I'm not rich but at the same time I'm confident that I may never win the lottery, so BTC is probably my only chance to become rich and live a worry free life so until I see it happening won't sell a bit

Bitcoin is the real lottery, the actual lottery is a poor mans tax Wink

.

Baofeng

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Quote from: virtualdn on January 28, 2022, 06:16:56 AM

Quote from: btc78 on January 28, 2022, 06:11:52 AM

How on earth that you afford to Keep holding mate? meaning you are a wealthy person that denies taking your big profit because you can still afford holding while you are one to be considered as Early Adopter ?

Man you are so great and this post is worth sharing, How i wish i have the guts to do how you portray your role being a Bitcoin Holder.

I'm not rich but at the same time I'm confident that I may never win the lottery, so BTC is my only chance to become rich and live a worry free life so until I see it happening won't sell a bit

Good mindset mate, I think I will go with it and hopefully I can be a good holder just like you.

Yep for those who are thinking of hitting a lottery, the chances are slim. So instead, it's better to invest on bitcoin, by all means possible, DCA or if you have capital from time to time and then just hold and protect it in your wallet. Maybe a good wallet like a hardware wallet will be a good one if you are thinking of doing what @virtualdn has done in the last 109 years.

virtualdn

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Quote from: btc78 on January 28, 2022, 06:11:52 AM

How on earth that you afford to Keep holding mate? meaning you are a wealthy person that denies taking your big profit because you can still afford holding while you are one to be considered as Early Adopter ?

Man you are so great and this post is worth sharing, How i wish i have the guts to do how you portray your role being a Bitcoin Holder.

I'm not rich but at the same time I'm confident that I may never win the lottery, so BTC is probably my only chance to become rich and live a worry free life so until I see it happening won't sell a bit

btc78

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How on earth that you afford to Keep holding mate? meaning you are a wealthy person that denies taking your big profit because you can still afford holding while you are one to be considered as Early Adopter ?

Man you are so great and this post is worth sharing, How i wish i have the guts to do how you portray your role being a Bitcoin Holder.

bitterguy28

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Means for 9 years you are still holding? as in never sell a single Satoshi? You are an amazing person mate because I could never take that waiting if i see my investment increased x5 . but you ? carry to hold the multiple increase happened in your funds.
also this mean that your trust in crypto is indeed that high that you can risk more value from your investments.

But I know that you will still hold for long but at least you have already let some close to you to learn about your wallet keys? because there are incident or some unexpected things may come and you must be ready and let them have your funds if things happened .

lalabotax

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Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

If it is about BTC, I also have positive thinking that this willl be still a very worthy investment. But unfortunately, I have no big amount of BTC to hold Cheesy

Only few
I am sure that it is not only about the amount but also about the trust to BTC for long-term investment, if worthy or not. Some people may say shit of this. but I do the same as you, I believe in Bitcoin that will always have great value, with worthy investment, without any hype promise or expectation. the value will be always continuing. Although this coin has been experiencing some bearish and bullish time periods, this will still have that value and worth

michellee

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I can not imagine how big your profit is if you are not sold your bitcoin since 2013 because that is too big a number on your wallet Grin

We must learn from you to become a real holder that will not impact the fluctuation of the price because it is not easy to manage our emotions when we see the price move. If you have other sources of income from 2013 until now and you always get an income, I am sure you will be easy to become a holder. But that will be different if we do not have much money and still struggle with our lives to fill our needs. That will make us spend our bitcoin to fill the need.

Poker Player

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Quote from: virtualdn on January 26, 2022, 06:44:39 AM

When you have to, you have to. Honestly I will probably cash out some in 1-2 years too cannot wait forever. Time will tell.

Hey, congratz. I dare say you are within 1% or less. How many people haven't sold anything since 2013? I believe 99% have sold some, if not all. But great efforts yield great rewards and you are an example of someone who has a clear plan and executes it come rain or shine.

I hope that in a few years you will open a post telling us how you have reached your goal. Although I hope you never sell 100% of your bitcoin, and seeing how you have followed your plan, I guess that will be the case.

KaliLinux

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Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

I mean, how much was a Bitcoin then, Less than a $1k Shocked

and still haven't sold any Sat even in all this ATh that has happened over the years, that is really some Diamond Mind. I understand that there are peoples out there that are on this level but I definitely know I can't resist taking profits from the ATHs besides, there are real-life situations to take care of too.

OgNasty

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Quote from: Kakmakr on January 28, 2022, 01:16:51 AM

OP, you must have balls of diamonds to resist the urge not to sell some at $60 000!

I have to admit, I bought my first bitcoins when the price was about $400+ and I have sold most of them when the price reached $1000 / $17 000 and then again at $30 000 and $60 000.

I do not regret the decision at all, because I was able to destroy my debt that was hanging over me like Cancer... and I have since used the money that I paid towards that debt ..to buy back more Crypto currencies.

Being debt free and actually having paid assets and money in the Bank are liberating to say the least.... Wink

If you've taken the ride from $200 to $30,000 without selling, might as well see how high it will go. A smart man once said to run your winners long and cut your losers short. Bitcoin has been a long running winner for quite some time now. Not selling is better than many people who have purchased Bitcoin during that period. I can imagine though if you are sitting on a big stack and will owe a ton of money in taxes, you have to be toying with the idea of moving to Puerto Rico right? I've never been myself, but I have to admit that spending 7 months there to save a bundle on taxes is more than just a little tempting. I think if Bitcoin did go parabolic before summertime hits, I might find myself there.

davis196

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Quote from: virtualdn on January 26, 2022, 05:53:29 AM

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It's hard to believe that you haven't sold anything for 9 years.Can you show us a valid proof? Grin

I wish I had your emotional stability during the last few years.Unfortunately I've sold lots of BTC. Grin

I had to sell a quarter of BTC back in 2019,because I was running out of cash and I didn't have a stable income back then.I had no choice,but that was definitely a wrong decision.
Anyway,it's good to see that many Bitcoiners are confident about the future of Bitcoin.To the moon!

Kakmakr

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OP, you must have balls of diamonds to resist the urge not to sell some at $60 000!

I have to admit, I bought my first bitcoins when the price was about $400+ and I have sold most of them when the price reached $1000 / $17 000 and then again at $30 000 and $60 000.

I do not regret the decision at all, because I was able to destroy my debt that was hanging over me like Cancer... and I have since used the money that I paid towards that debt ..to buy back more Crypto currencies.

Being debt free and actually having paid assets and money in the Bank are liberating to say the least.... Wink

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