Can't blame you OP. This is a life and death situation. And surviving is our main priority here. Investing on Bitcoin and among others can wait.
We hope you are doing fine there in New York. And to everyone here, stay safe.
Topic: This is why I sold my 0.67 BTC!! - page 2. (Read 1009 times)
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
That's good...don't hesitate to sacrifice what you have now because you need it.I like your spirit,very strong.Sure you can buy bitcoin again next time because i believe bitcoin will not disappear in crypto space. Bitcoin can wait but our needs in this very hard situation is very significant to provide.I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
I’m wondering how is OP doing? New York is expensive city. 0,67btc will be enough probably to pay the rent, bill and buy necessary simple food to be able to live for a month. What is planning to do or what should we advice him to do? I’ve read that the gov. was planning to give everyone a cheque for 1000$. This is will only be enough for food...
I understand the decision you made, by selling all the bitcoins that you have as much as 0.67 BTC. Because I followed
the news about the state of the city of new york in online media, with such a bad situation everyone will certainly sell
the assets they have. Including selling bitcoin for living expenses during lockdown, we all pray for each other so that
situation get better and hopefully this crisis is over soon.
the news about the state of the city of new york in online media, with such a bad situation everyone will certainly sell
the assets they have. Including selling bitcoin for living expenses during lockdown, we all pray for each other so that
situation get better and hopefully this crisis is over soon.
If you were in dire need of cash, I guess you are excused.
Sure, I certainly wouldn't criticize someone for selling bitcoin to free up some cash if they really need it. However, it seems like OP invested in bitcoin when he should have had a cash reserve for emergencies--this is exactly what sets up selling like this. People buy bitcoin with money that they can't afford to lose and might need in a relatively short period of time.I'm actually in a similar situation right now, but I'm only letting go of a small amount of btc and it's not because I absolutely need the money to live. I'm trying to buy that damn e-bike, and I've pretty much given up on the hope that I'll find a bicycle retailer who'd accept bitcoin. Anyway, good luck to OP.
You are probably lucky you didn't find that e-bike as you would have lost 20% profits.
Depending on the type of bicycle you've probably saved between $80-500
To the OP again:
The way I see it, you will rebuy 0.335BTC with the same amount of cash.
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
There are many people who are selling their bitcoins due to this emergency situation which no one predicted. I am also planning to sell some of my saving in crypto, if the lockdown does not finish and I am unable to resume my work. The situation is really bad everywhere and no one has a solution for it.
Bitcoin is a store of value which exactly what you just did. You needed it and you need no one's permission to sell. You made your choice and I see no reason why you should tell anyone. There are other holders in your situation that has also made same decision. My advise for you is to spend wisely and stay safe.
That was expecting to happen during this time. In fact, we all suffer the widespread of the virus.
There is nothing to blame around and put others as a reason for the market decline instead, we are about to understand the situation and most of the people who sell their bitcoin it possibly similar to you OP. Yeah, this thing won't be last a very long time for sure and you still have a chance to buy back again if you already recovered.
There is nothing to blame around and put others as a reason for the market decline instead, we are about to understand the situation and most of the people who sell their bitcoin it possibly similar to you OP. Yeah, this thing won't be last a very long time for sure and you still have a chance to buy back again if you already recovered.
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
Many are in your situation also especially in this time of pandemic and many countries are imposing lock down just to minimize the number of affected persons as this virus really spread pretty fast. We are also in lock down and I saw also that many of our country men are also selling their assets just to survive in this type of situation. I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
So I can see a bright future of bitcoin when this pandemic will be all over as many will surely bought back their assets then hold it until they will profit again the same to what you are planning.
That is understandable because there are a lot of people who need the money fot sustenance right now. You should buy when the price goes lower so you can have a profit.
but I quite doubt the price will be lower, or under the price of $ 5000. but I think he sells the bitcoin he has in the $ 6k range, and that might be good enough. to be honest, the bitcoin he has is more than my assets, but if I were him, I would not sell all the assets that I have. Well, maybe a few percents is enough, and I might do it gradually. 
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
Based in your current situation and the need of cash, you have done the right thing. I also believe in the near future we can all comeback to normal. There are no crisis that lasts forever, we just have to trust the community and the bitcoin. You can buy bitcoin again and then continue your investment but for the mean time , do what's right and hope we can all be safe during this crisis. I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
You just made a good decision because the market price of the bitcoin is falling down and you need to have an emergency and you need to sell your bitcoin because if you hold your bitcoin you cannot do anything with that because of the market price fall. Today you have now enough foods and other stuff you need you will now survive the pandemic outbreak and it is better to have fun with your family and do other productive things to avoid getting tired and also it is better to be kept safe so we won't get infected by this virus. It is better to sacrifice other things for a while you can earn back your bitcoin soon while the market is alright again.
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
Actually selling btc at this moment is not a good idea because until now the bitcoin is still low but based on what we are facing now, the crisi is in our land and we need to have stocks on our home, such as foods, personal hygiene, etc. that we will need while having community quarantine, but for those who have extra money, do not sell your bitcoin, just hold it an wait for the bull run to happen so your money will make profit. I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
That's sad, there are other ways to earn money for example upwork or freelancer.com and other online or remote based work. Im sure you could try your luck there, there's also possibility that Bitcoin might moon if these crisis goes on. But anyways best of luck to you and stay safe.
, I live in New York
Washing machine scarse land indeed 
There are places in world that this is not considered luxury at all. New York tho, kitchens are scarse too i heard. That will be hardest to endure during quarantine.
Hope you will get your BTC back, hope you will be well. Good luck and stay safe inside.
Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
No problem friends, we really have to prioritize more important things. The decision to sell, hold, and buy, is entirely in your hands, especially for emergencies, the most important thing right now is that you and your family's needs can be fulfilled during this pandemic. I am sure there will be another opportunity where you can fill your bag again with BTC. Stay safe and healthy. I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
I didn't get it why you (OP) are telling about selling your btc story. I mean what is the point..? It's an asset and it's yours, you can sell it whenever you want, specially tough situation like this. People need fiat money for buying goods and other survival thing for living. So it's totally a normal fact if you sell your asset for your need. And of course you can buy btc when situation will be normal. It's not going anywhere.
Don't worry it is the same every where, not everyone has enough money so that they can afford to hold for the period of time when the world is going through a pandemic.
Even i sold all my Bitcoins at the same time , whatever I get weekly from the campaigns goes straight to buy the groceries , because everyone knows how the situation is right now .
The first and foremost , the most important thing is being healthy and surviving therefore you don't need to worry about anything.
You can always earn back the money
Even i sold all my Bitcoins at the same time , whatever I get weekly from the campaigns goes straight to buy the groceries , because everyone knows how the situation is right now .
The first and foremost , the most important thing is being healthy and surviving therefore you don't need to worry about anything.
You can always earn back the money
You did a good job comrade, for you standing up tall for yourself in this trying times looks great for me. I applaud your courage for taken such bold step, and buying back in the future seem nice for me and when you stand up again in the future. I would have taken such actions like you but in my own country, we'll are still being lockdown here with an extension from the government on covid-19. You definitely took your action on a justifiable platform which I know as an acceptable way to survive in this pandemic.
I am from India and here the lock down was imposed on the initial days of the spread of the Corona virus disease and here although people are also in discomfort but they are thanking the government for taking such drastic measures pretty quickly to control the spread of the disease. Whereas it's a shake on the Trump administration that they aren't taking any bold move to control the spread of the disease.
You did a good job comrade, for you standing up tall for yourself in this trying times looks great for me. I applaud your courage for taken such bold step, and buying back in the future seem nice for me and when you stand up again in the future. I would have taken such actions like you but in my own country, we'll are still being lockdown here with an extension from the government on covid-19. You definitely took your action on a justifiable platform which I know as an acceptable way to survive in this pandemic.
Jump to: