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Topic: When you sell is no longer "yours" - page 3. (Read 597 times)

sr. member
Activity: 1218
Merit: 251
October 15, 2021, 12:52:21 PM
#53
Yeah for sure.

I've also heard countless times about people complaining how the market is screwed now because they sold early etc.

You simply can't have it both ways - if you sell an investment, you are forgoing all rights to it and making a conscious decision to derisk and invest in cash instead. No point complaining about anything that happens to the investment afterwards.
too panicked will make people like that Smiley
they feel confused because of panic actually because when they see people who have been here for a long time they will not sell even if the market is not friendly because they believe in what they hold.

that is the main rule when the goods have been sold then automatically we no longer have rights in the goods.
Likewise in crypto when you have sold it then you can no longer recognize the asset that you have sold as your own because it legally does not belong to you anymore
legendary
Activity: 3332
Merit: 1191
October 15, 2021, 11:26:01 AM
#52
I also get that feeling every time I remember some shitcoins I sold for so cheap years back that are making their comeback today. It feels as if I'm gutted every time I remember that I had so many of those coins that I just sold easily. Well the only good thing is that it was converted into something more valuable today, though looking back, if only I had a little faith on some of those alts that I held, it would have been a lot more, but I guess regrets is what we all have in the end anyways.

I am sure many of us can relate with you on this! I had so many Doges, like crazy many... most of them went to some stupid gambling bets, even a lot of them didn't worth much back then, so I literally had fun with placing all in's on some games! And it wasn't like that just with Doge!

Now we can regret it, but I don't allow that to eats me from inside! Life goes on, when I talk about that with some close friends I try to tell it as a joke, something funny that happened in the past!
legendary
Activity: 3542
Merit: 1352
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October 15, 2021, 10:44:29 AM
#51
I also get that feeling every time I remember some shitcoins I sold for so cheap years back that are making their comeback today. It feels as if I'm gutted every time I remember that I had so many of those coins that I just sold easily. Well the only good thing is that it was converted into something more valuable today, though looking back, if only I had a little faith on some of those alts that I held, it would have been a lot more, but I guess regrets is what we all have in the end anyways.
Ucy
sr. member
Activity: 2674
Merit: 403
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October 15, 2021, 10:19:48 AM
#50
Ofcourse.
Better to sell when you absolutely need fiat currencies to buy other more important things, especially things that will be as useful or better than just keeping all your funds in one place. It would not be a good idea to sell to buy junk foods or luxury goods for example.
full member
Activity: 1134
Merit: 167
October 15, 2021, 08:44:05 AM
#49
everyone understands that when someone sells it, it belongs to someone else; it's just that they seem to regret selling it when they see a higher price and don't want to blame what he has done and don't accept the decision so they feel it's still theirs and it's a natural anxiety; over most people who are nervous about price spikes and the thought will go away on its own  Cry Cry Cry
full member
Activity: 616
Merit: 161
October 15, 2021, 06:11:42 AM
#48
Wait what? There are actually people that do not understand the basic principles of trade? I swear that school education has not progressed since the days of 4 elementary grades. But I doubt this is the norm. I think most people understand that selling something means not having it anymore. Unless you sell it and ask to borrow that same thing from the person you sold it to for an indefinite amount of time, and yes, I have heard of that happening Smiley
hero member
Activity: 1526
Merit: 596
October 15, 2021, 04:38:32 AM
#47
Yeah for sure.

I've also heard countless times about people complaining how the market is screwed now because they sold early etc.

You simply can't have it both ways - if you sell an investment, you are forgoing all rights to it and making a conscious decision to derisk and invest in cash instead. No point complaining about anything that happens to the investment afterwards.
legendary
Activity: 2534
Merit: 1338
October 14, 2021, 10:48:46 AM
#46
Selling isn't entire a bad thing, trust me, its not. It is what you do with the money you get from a sold property or investment that could either determine if your sale of a product or property was worth it or not. Seriously, its very wrong for you to trade a property just to squander the money away. You loose too things there, you lose a property and the monetary worth whole, gaining a temporal enjoyment or satisfaction from solving a problem. As such, you don't undeetand what is lost until it appreciates in value in time then, you try getting it back and it isn't legally yours no more. That's the reality with life and the owner of a property decides how to use it.
Selling could only just having two results;

Sell on profit
Sell on loss

You could make out some differentiating among the two and as you said,selling isnt a bad thing as long it do benefits you out.Its just dumb that you would be thinking that it is stiill
yours when you had already sell it out or had been released.When you do see those situations if you do able to held up and possibly make more profit then that
will really leave some regrettable feeling.
Technically you can also breakeven, it is probably the less likely of the three options that can happen but it is there, now while the most logical thing to do is to simply accept that you have sold your coins many people cannot let go because they recognize they let go of an opportunity that is probably never going to comeback for them, as with the price of bitcoin being so high it is going to be impossible for them to ever get the same number of coins.
hero member
Activity: 2688
Merit: 540
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October 07, 2021, 03:58:05 PM
#45
Selling isn't entire a bad thing, trust me, its not. It is what you do with the money you get from a sold property or investment that could either determine if your sale of a product or property was worth it or not. Seriously, its very wrong for you to trade a property just to squander the money away. You loose too things there, you lose a property and the monetary worth whole, gaining a temporal enjoyment or satisfaction from solving a problem. As such, you don't undeetand what is lost until it appreciates in value in time then, you try getting it back and it isn't legally yours no more. That's the reality with life and the owner of a property decides how to use it.
Selling could only just having two results;

Sell on profit
Sell on loss

You could make out some differentiating among the two and as you said,selling isnt a bad thing as long it do benefits you out.Its just dumb that you would be thinking that it is stiill
yours when you had already sell it out or had been released.When you do see those situations if you do able to held up and possibly make more profit then that
will really leave some regrettable feeling.
legendary
Activity: 1554
Merit: 1139
October 07, 2021, 03:44:12 PM
#44
Selling isn't entire a bad thing, trust me, its not. It is what you do with the money you get from a sold property or investment that could either determine if your sale of a product or property was worth it or not. Seriously, its very wrong for you to trade a property just to squander the money away. You loose too things there, you lose a property and the monetary worth whole, gaining a temporal enjoyment or satisfaction from solving a problem. As such, you don't undeetand what is lost until it appreciates in value in time then, you try getting it back and it isn't legally yours no more. That's the reality with life and the owner of a property decides how to use it.
member
Activity: 868
Merit: 63
October 07, 2021, 02:16:08 PM
#43
That's the point of selling, you're giving it away to someone through a trade of goods or service or something else, that's how selling works so why would you worry and antagonize that? It's not like we can't stop people from selling their own bitcoins, it's on their own volition that they're selling those and they've accepted it already.
full member
Activity: 1092
Merit: 106
October 07, 2021, 01:34:04 PM
#42
There are several factors that can influence this.
it is true that when we convert bitcoin to fiat with a larger amount when investing it will feel like a genius in doing so. but indeed it is only temporary when we see a much higher price than when we convert it.
but sometimes we find that many people do this because they are still stuck with daily work.
because indeed there are so many people who invest their money in bitcoin even though their own needs are still not fulfilled, which in the end, inevitably when there is an urgent need to sell their assets because it is a last resort.
although this is not good enough but it is certainly much more useful to do. but if you do it solely for converting to fiat after that it is just saved. I think things like this will invite disappointment in the end.
sr. member
Activity: 2520
Merit: 280
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October 07, 2021, 01:11:01 PM
#41
If price of bitcoin increases after they sold then they would be worried even some regret about it for very long but there is no need of such useless activities though because you can't bring back the past, just concentrate on what have to be done in the future which can bring more money than you lost if you do the things in the right way.
Each of us has his own circumstances. We don't know the real reason for selling Bitcoin, but there are many reasons for selling. Perhaps they need money to facilitate their living, to pay bills, or need to buy a treatment or perform an operation..etc. Therefore, they are forced to sell even if they only achieve Small profits, We all know that holding bitcoin in the long term is the best decision to be made because the future of bitcoin is bright, but we will be lucky if we hold Bitcoin without any reason to sell.
You don't need to be lucky just need to be smart enough, the basis rule of investment is never investment more than you can afford to lose which means we can hold without the pressure so can make money when everyone is selling and now people who bought Bitcoin after the dump will be happy because we hit 55K today and expected to increase more.
hero member
Activity: 1498
Merit: 711
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October 05, 2021, 05:20:08 PM
#40
From my understanding, i understood that selling is a transaction exchanges between Good's and services irrespective the measure, now op gave an illustration via land selling as a reference, it's very obvious that before you sells your any of your belongings you have already made your mind and also have another alternative or steps to follow because the side effects of it, so relating it to bitcoin, i know that some people used to be inquisitive to sell bitcoin immediately the price appreciate, but i seems it as choice because they have already made a decision before they sold it out, and option B maybe in place.
hero member
Activity: 1414
Merit: 574
October 05, 2021, 07:42:40 AM
#39
This has happened in my country for a long time, even the natives can't buy a land in their place of birth, this is indeed supported by many factors such as urgent financial needs and cannot be blamed.  If you complain because of foreigners who occupy it becomes a strange thing.

When it comes to Bitcoin ownership and psychology, the basis may be slightly different.  Because the psychology of a trader in selling their holdings will be influenced by more factors such as fomo and others.  So it's not just a fundamental issue but many others.  This population phenomenon has occurred for a long time and has been strengthened by the flow of globalization.
hero member
Activity: 2744
Merit: 702
Dimon69
October 04, 2021, 11:23:07 AM
#38
Everything has a time to let go of ownership, and we can't hold it forever if the need is really urgent and we don't know where to look for income. In keeping with what we have at the time of ownership Bitcoin aspires to hold until next year. As the last person from among those who do not have a steady income, they always decide to end what if they have a selling value in order to survive to provide for their family. That's what I've experienced since holding bitcoin until releasing it in early 2021.
That is a good release. 2021 price skyrocket if ever you invested 1 year ago or much more 5 years ago then it’s a big profit. We can not hold long as we need to set more goals and plan in living. May stories of holding sometimes turn out to be an inspiration like those who hold and can buy a property, create their business ad, etc. If we know we will sell some then maybe we were able to acquire some too. Holding is good if we have still extra money to spend on the present but if not then it's not bad to sell at least some to enjoy the present.
legendary
Activity: 1890
Merit: 1537
October 04, 2021, 10:49:48 AM
#37
If price of bitcoin increases after they sold then they would be worried even some regret about it for very long but there is no need of such useless activities though because you can't bring back the past, just concentrate on what have to be done in the future which can bring more money than you lost if you do the things in the right way.
Each of us has his own circumstances. We don't know the real reason for selling Bitcoin, but there are many reasons for selling. Perhaps they need money to facilitate their living, to pay bills, or need to buy a treatment or perform an operation..etc. Therefore, they are forced to sell even if they only achieve Small profits, We all know that holding bitcoin in the long term is the best decision to be made because the future of bitcoin is bright, but we will be lucky if we hold Bitcoin without any reason to sell.
member
Activity: 234
Merit: 50
October 04, 2021, 05:16:17 AM
#36
There is only one thing I know for certain right now: I'm on my way to earning my first whole 1 BTC, and nothing will stop me from achieving my set goal.
member
Activity: 1092
Merit: 67
October 03, 2021, 05:34:58 PM
#35
I think I've heard some complaints about this before it's like some people are jealous to those early adopters because they are millionaires nowadays but the fact that most of them sold their Bitcoin early this doesn't count as them one of the millionaire....

Not the point at all. This is not related to early investors that sold their bitcoin, this is more about people that sell quick for a quick profit. The early adopters are probably well-off and I am happy, perhaps grateful,  that they started all this.

If people sell because they need the money short term, it is very likely that they should have never bought in the first place. Do not invest what you are going to need in the short term.

Again, if you sell, you are out. If there is any future for this, you are not in it.

But for some who sold, maybe they sold in profit, higher than their buying price. Some people are just happy to get their profits, whereas, others can hold long-term no matter is the market situation. Some can do scalping in a very good way they can make profit out of it. But of course, once you sold it, there's no turning back and definitely, it is not yours anymore. You can just tell to yourself, that once you have that amount of coins.
legendary
Activity: 2366
Merit: 1624
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October 03, 2021, 05:29:54 PM
#34
I think I've heard some complaints about this before it's like some people are jealous to those early adopters because they are millionaires nowadays but the fact that most of them sold their Bitcoin early this doesn't count as them one of the millionaire....

Not the point at all. This is not related to early investors that sold their bitcoin, this is more about people that sell quick for a quick profit. The early adopters are probably well-off and I am happy, perhaps grateful,  that they started all this.

If people sell because they need the money short term, it is very likely that they should have never bought in the first place. Do not invest what you are going to need in the short term.

Again, if you sell, you are out. If there is any future for this, you are not in it.
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