Bitcoin Forum

OK, let's just say not many of us really believed bitcoin will hit $20,000 this year or this soon.

Personally, my eyes was on ETH and Link to do some unbelievable run that could have seen them rise some 1000% this year. I'd expected bitcoin to, at most oscillate between $7K and $13K this year, but amazingly it was bitcoin that stole the show to lead the bullrun charge.

So, now is perfect time to reflect and hear some confessions from some of our Bitcoin OGs who'd been here since the early days (I won't be surprised to see Satoshi himself resurrect on this thread, in commemoration of his 10th year AWOL anniversary, so, be on the look out. Yea, I remember "We're All Satoshi", but still.....)

Let's hear you, how or where did you first discover Bitcoin? Did you mine on your laptops? Did you buy from MTGox or one of those early days trade platform's? And, most importantly, did you sell too soon? Or luckily, did you hodl till now?

And, no matter what, be proud of your contributions to the development and adoption of the Bitcoin phenomenon, because, we won't be here today without you. If you mined you helped stabilized its decentrality. If you sold you helped in its fare distribution. If you held you helped others to believe in Bitcoin.

I got into Bitcoin in 2016 through Freebitco.in when its price was $416. Then it gave out about 800 sats per hr on its faucets. Even though there were some standard and functional exchanges back then, there were no practical way to deposit fiat from my country for purchases. So, the only option was faucets.
I was able to raise about 0.04 btc from that site which I invested in mostly arbitrage trades on DOGE/BTC markets in Tradesatoshi, Coinexchage, Bluetrade, Mercatox, Coingather and some other similar exchanges that had doge sub-markets.

I made a lot of money from my arbs, also made losses with some exchanges exit scamming and all that. Then came the 2018 slump. I watched helplessly as my portfolio dwindled day after day, and when I couldn't take it anymore, I sold it all off and withdrew my money.

In hindsight I sold too early.

As in all? even your alts have been sold too during that bearish market? that's not the ideal time to sell if the market's too bear. I'm sorry if you just did. Welp, I even sold early too but that doesn't mean that I've sold all. I've sold a portion, might be a 1/4 of my total holdings halfway to the price of bitcoin now. But regardless of that, still I'm happy to have held it and see it growing up and I'm still part of the hodl gang. What are you up to this time? you still accumulating or not anymore? you're not focusing with bitcoin anymore or you are coping up?

I already experienced this before, especially on previous peak around 2017. That year also I was introduced with Bitcoin or cryptocurrency, what mistake I made before was buying and buying without doing research on altcoins. I don't even price target or stop loss.
As I remember around year 2018. I sold all of my altcoins in lost. I did it because I really feel bad and I don't want to think again those memories. That's why I started to accumulate Bitcoin instead of altcoins, or majority of my portfolio are in Bitcoin and some high market cap altcoins.

In what quarter you've sold on 2018? IIRC, the 1st quarter of 2018 was the altcoins season and that should be profitable if you've been buying on 2017 but if you're in lost then that's not the quarter you've sold. We learn from these mistakes in the past and we don't want to do the same mistake for this year and for the upcoming years to come. The market is becoming mature, bitcoin is increasing and getting out of the price targets that we've set before and making us to expect and set price targets higher than what we've been thinking before. It's a good decision if someone decides to buy bitcoin before investing in alts and making his bitcoin stash more than the alts he has.

I think you do not have to feel worried. You sold too early because you can enter the market and buy bitcoin and altcoin again. But if you already sold altcoin at a low price, you get a loss, and I am afraid that you will make a profit again. But right now, you have a good time to buy altcoin again if you are worried about the bitcoin price that is already increasing. The altcoin season will come after bitcoin reach the highest price, so if you have altcoin by buying it now, you will make a profit later.

One thing that I did regret was not converting my USDT20 to BTC early. As a result, I'm left behind with the big bull run of Bitcoin all the way up. I was hoarding ETH at least, but I could have used my USDT20 to convert into BTC early when it was still hovering around $17k.

You might've been quite late on LINK if you just bought this year(though I'm not saying it's impossible for it to go up) as it's already had a huge run in the past. Quite a tough lesson to not cash out of the cryptocurrency that mostly matters; and probably just gamble smaller amounts(but definitely not everything) on altcoins.

As for how people discovered Bitcoin, you might be interested with these threads:

Topic: How did you first hear about bitcoin? https://bitcointalk.org/index.php?topic=1132607.0
Topic: How did you discover bitcoin? https://bitcointalk.org/index.php?topic=1682346.0
Topic: How did you start in CRYPTO WOLRD https://bitcointalk.org/index.php?topic=2449129.0
Topic: How did you hear about Bitcoin (From Ponzi to Cryptocurrency) https://bitcointalk.org/index.php?topic=3402211.0

Actually, this is my first time and year in bitcoin that pumps over a $24k prediction price and I didn't expect because previously I focus in the ripple and just ignoring the price of the bitcoin and one day I'm curious more about the bitcoin and try to make an investment lets say at the market price of $3k - $5k and after because of too much afraid on the market movement I already pulled out my funds within the $10k well still regret this decision but I really need some funds so its quite good, now I know some of the things I need and this is for another dump to make a buy.  Hoping another market profit for the next three years again.

You could not hold back and watch that money falling again. It could have been otherwise if bitcoin did not become what it is today. For me I think you did not run on a lost. In 2027. I made around $4000 from bounty hunting. I was a Jr. Member here on the bitcointalk. I was very happy because I had never make such a money from internet even when I was a regular crowdworker on popular platform called Crowdflower. The joy I felt made me to keep my coins with the hope that this will continue to rise. When bitcoin started falling early 2018 and all altcoins were bleeding, my owe portfolio went down and I had less than $400. I could not bear the loss anymore. I had to empty my portfolio. It would have been entire sad story if I had left that other few bitcoin I had on cryptopia before it was hacked.

Yea, sadly, I sold all.

You see, it was my first experience of a bear season. All the while from my entrance in 2016 nothing like that happened. Yes, there were occasional slumps in prices, healthy retraces in alts too, that was the stuff my Arbs trade was made of. But all of a huge surprise, from Q2 2018 on, prices refused to recover anymore and no one asset was spared, non showed some hope. And in fact, at a time, it became unfathomable that prices will ever rise. We all thought it was a bubble after all and that everything was going to zero.

It was heart-wrenching back then.

 But then came 2019 March and some turning point appeared across the horizon. The industry haven't looked back ever since.

Even I have doubt if Bitcoin will hit $20K much more $23k, and there's a possibility that it will hit $25k before the end of the year, something that caught us by a big surprise, we only want $20k but the market has given us more.


It really is a big turn around I consider this year a big milestone for Bitcoin because it survives the pandemic and now going great before the end of the year.

I still remember very well that in 2017 I sold about 10 bitcoins for about $ 19,500 on the poloniex.com platform, before the end of 2018 my account could no longer be opened. luckily it's sold out. I really don't feel it's too early to sell it early. But what I do imagine is why I don't set it aside at all for my next future. 2019 I retired, spent time trading, built a house, got married, and started again in early January 2020. It turns out that bitcoin will surpass this far. very unexpected.

Doubt anyone who was in that early (you're asking about mining from laptops etc) would be still active on this forum section, or would respond to you. No offence, just that they've probably answered that for the last time in 2016/17. I mean, the last time I met someone that old was in those years, and that was the time some old-timers cashed out at $10k.

Doubt there's much regret from their part or any inkling of them thinking they sold too early. 100,000x profit per coin? Would I love to see that!

no need to regret what has been sold and the benefits that have been felt. indeed one side emotionally there must be regrets. It's just that without us knowing it, if we didn't sell at that time, maybe we wouldn't have gotten this far. the most important thing is to take advantage of the opportunities you have right now.

It really wasn't too obvious that Bitcoin will be the one going up since other altcoins was going with the same flaw Bitcoin is doing, the only difference is Bitcoin did it faster maybe it is because all of the eyes are focus on Bitcoin and that is including big companies who are buying in the action. However I do believe that Bitcoin's price action right now is something that won't be holding in a long duration especially when it is the start of people actually seeing profit from the price Bitcoin currently has so I won't be surprise when Bitcoin will go down as soon as the first big sell order starts.

The altcoins you sold in the bear market help traders got it for a cheap price, cheer up you already helped the communtiy so don't regret it all. Many traders will probably unload the altcoins the first before BTC. These days I think is the best to unload them.

I have a hard time learning all these but we are still here though so its not a very hopeless situation but a second chance too.

On 2017 When Bitcoin on it’s Peak (17.4k$) i never thought that It's going to dump, And that time everyone saying that it will go up up up 🚀. But what happened Bitcoin Dumped to 3k$ & i am just watching that time, So that time a negativity spread to whole Crypto community & those who buy BTC on 15k they Sold BTC to 3/4k they thought It's End of BTC. But look now what happened!  BTC now on It’s Peak & the Same Scenario will happened again (Maybe) cause 2017 and 2020 is A Big difference Everyone on Crypto space Learn the market Well nowadays. Now you sold your BTC on 20k$ & now It's 24k$ Don't worry now no one know where can BTC go, Its Better to get profit - in my opinion it’s good for you,now just wait for the Best Moment & Buy BTC.

Probably I belong to those people that believed Bitcoin will reach in the new ATH but the sad thing to know ain't able to hoard a large amount of my Bitcoin due to the fact that I always in need of money since the pandemic was hit worldwide and becomes financial is one of the most priority to those who affected, including me.  If there's no lockdown implemented and my small business and job didn't lose, still I have my source of income and it might be I'm still holding a huge amount of Bitcoin until now but unfortunately, I sold them all, and now I was regret that I don't even have Bitcoin in my wallet.

I tend to agree with your point, all you've mentioned above was right.  Engaging in Bitcoin will give a healthier market whether which option you have to choose.  Influence is the most important factor which Bitcoin becomes having awareness in many investors.

My memories of my first interaction with the Bitcoin network are somehow blurry. I remember I was wandering around faucets and doing some business with the old CEX cloud mining operations. And by business I mean purchasing a very small amount of contracts. My highlight is quite the opposite - not selling early an altcoin bag I hodled 'till I lost almost all my gains.

Im aint a miner and im aint an early adopter but we are here and able to see the progress and developments on where Bitcoin did able to reach.
Selling early isn't really that much considered as a mistake as long you do make money.
Regret is there but we shouldn't really make this thing for us to get stressed.We can always go in again in the market and make yourself profitable
but of course the risk is there since youre dealing with moving market.

Personally I do not see the problem, you sold your coins when a great deal of those that invested in bitcoin back then did otherwise the market would not have crashed the way it did, your real problem was not coming back to the market once things settled down, and not only that you had years to do it and yet you never took advantage of the relatively low price of bitcoin during that time.

Even at the current prices I think this is a good opportunity to buy bitcoin but taking into account your previous history of panicking and selling your coins too early then it is probably better for you that you wait until this bull market ends and we see an important correction or crash and then you can enter the market once again.

That's very sad. You can still get up from that feeling and we're on the better days today. I haven't thought that it was an actual bubble that will make everything go to zero. Those days were the opportunity for most who are wanting to buy but then they've thought that bitcoin would be going down to $1k and yet it didn't happened. The same goes by that happened for this year on March, it was a quick reversal and slump for the whole cryptocurrencies but it's able to recover and now, here we are.

Wow! Congrats bro. Great foresight to read the market perfectly. December 2017 was the perfect top, 2018 thru 2019 was also the absolute winter for all of crypto.
Wish I have your handle to follow on twitter so I too can share in your other smart moves in the market.

Sold 10 bitcoin is huge money, and with that money, he can do many things for his life. I am sure we will have the opportunity to follow his story and make our own story. And while the bitcoin price is at a current price, we can prepare by having more bitcoin to sell at the next highest price. Yes, December 2017-January 2018 was the best year for many people who already sold their bitcoin, and we can repeat that soon.

There are still more times for us to be ready now, especially if we want to have more bitcoin. Soon, the barrier price of $24k and the next price will be a break, and that means we will have that chance to sell bitcoin at the high price we want.

I found bitcoin way back 2016 or 2017, not sure exactly but its price at that time was only $200 and I got interested to it because it gave me some extra money to use in my studies.


Never tried it because I've read that it overheats your device that it mustn't be done on a simple pc or laptop.


Nope, I was not into trading that time. All I know is to gamble using bitcoin.


I'm still hodling now though I plan to sell before the year ends then buy again at correction. Greediness is really hard to overcome when you keep thinking that it will pump more.

I started learning more about bitcoin in 2016 but lack of exposure is why I couldn't buy, I had enough money then but the right exchange to buy is unknown to me and later in February 2017 I learnt about LUNO platform, a perfect place to buy bitcoin if you are in africa since your wallet is linked to your bank account directly so funding was easy and I went ahead to buy half a bitcoin then, by November 2017 I was in money because bitcoin have already over tripled in price, by December I had to let go, sold my bitcoin and decided to invest in some mining rigs, big mistakes as I could have invest in altcoins instead and make more money in January 2018

Awesome!

Still hodling since early 2016 (that must have been Jan-Feb 2016, cos I met it at $416 in April). Way to go.

But I wouldn't advice you to sell now, because, historically Bitcoin had always exploded in early January even when it slumped momentarily around Christmas. Moreover, the institutional money we've been waiting for have started to trickle in.
January too is also the traditional Alts season. Most of them tends to pump in January.

I relied on fortune at that time, bro, I am not a person who has knowledge in the field of trading, even I am just an elementary school graduate student. but luck is good, this is a miracle, I trade not using proficient skills, the story is quite long. but the note is that I bought bitcoin in 2015 at a very cheap price.

I hope you guys experience what I experienced with the bitcoin story. :)

I am also guilty of selling some Bitcoin.
Why? I was really tempted by the huge number.
Also, my wife just keeps on bugging me about buying new appliances for the house.
Of course, she knows I have bitcoins stacked in my wallet and she also checks the exchange.  ;D

Well, I made her happy, and now her mouth is zipped tight.  ;D
I can go back into keeping more.

There is a time that we regrets of what we are doing in the past but the important with is when you are sold your bitcoin make sure you earn profit. Many people sold early their bitcoin because they did not believe to the bitcoin but the price is more than 20k dollars which is very good to see and those people who are hold their bitcoin they deserve to get more profit and that is their reward for trusting bitcoin that it can grow again.

None of those things really matters now as it won't make any difference if you had bought bitcoin earlier like in the very beginning or you bought during the march pandemic sell off that saw bitcoin trading below $5k. What really matters is how long would you be willing to hold onto the bitcoin you currently own. The future of the industry is very bright as you can see progress every year.

Institutional investors are currently making the space most entertaining as they're constantly pouring in funds into the industry through their investment. Sooner the price for f one bitcoin would be trading above$100k and that's a reality judging from the progress the industry is recording yearly.

Don't get pressured into taking decision that doesn't favour your investment strategy, you might have sold too early but that doesn't stop you from re-entering the market. The market is too young to back out so early, give it some time and you won't regret making that decision.

I have mined some on my laptop, which these days means that I was early, I wasn't really "that" early, I didn't reached to days when bitcoin was under 1 dollars, or even under 30 dollars which apparently was the first pump on bitcoin price.

However I was around when bitcoin was around 100 dollars, which means I could have made around ~250X times the money I invested, not bad at all, that type of return seems incredibly well, however consider how much would you invest into an unproven thing like this, plus how much money do you have to invest anyway? Sure some people who had hundreds of thousands of dollars would have had a lot different worlds, but even if you invested 1000 dollars into it, you would have made 240k which is a lot of money, it would allow you to do whatever you want for a while, but it is not retire right now money in many nations. So, do not assume everyone would have been super wealthy and millionaires.

But oppositte of your thinking, I am one of those believer that bitcoin can surely hit new ATH. See it reached $24,000 and I didn't sell all of my holdings. And sold half when it reached $19k.

I can't blame you to sell of your btc at too early. Many are panicking and making sure they won't be late to sell it and worried that it may dump hard and will gonna difficult to recover but then again it went smoothly up.

Im still a long term holder so whatever it may take, I can still hold on and wait for my target price.

You might be disappointed with your coin you're hoping for but expecting it to run about 1000% is pretty hard for a coin that is established. We, cryptocurrency users, know the experience of the high volatility but our expectation with value gain should be realistic.

---

Lucky for those who experienced mining in the early days of bitcoin, I wish I have the capabilities before to mine some.

I experienced selling too soon before the ATH in 2017 and it feels terrible to miss the rare opportunity of selling at an ATH price.

Due to unpredictability of the market and dont have the ability to know on what would happen in  the future then misses like this is pretty common.

This is why we cant really avoid on not to get upset when we do saw the price had clinged up and we thought to ourselves that we should have sell later on
for us to make more big money in talks of profits but well whats done is done and theres no way to get back.

Thing you should think is that you do make out profits and that what matter most even though its less but still considered as positive one.

What you're getting on here is the truth, man. The thing is many of us sold at a time we thought it would be best for us, now a few years on we realize that we shouldn't have. I mean this is something A LOT of people do, and it requires a lot of faith not to sell out in a red market.

So, don't get down by it, take it as a lesson on the chin, and learn from it  ;)

We dont know the future thats why these things you would consider it as a mistake which it isnt really that be counted.We have sold into those prices on where we do believe that might be the peak and holding for long
term or for many years doesnt really sound easy just like on what everybody do believes on and it is indeed do need a lot of faith and self control along the process because once you do saw the price is already high
or way more than on where you do bought it then you would normally be having on mind that this might be the best time to sell out for the belief that the price might corrected later on.
As part of human nature on where we do secure things up when we do see the opportunity thats why these kind of reactions are quite common.

I sold my funds in binance when bitcoin was 10K level. I sold it because there was a Super typhoon that hit our province in my country, Philippines. We were hit by 3 super typhoons and to be able to support my family needs, I had to sacrifice my trading funds. In fact, I had to made a loan as well due to the devastation made of super typhoons. However, I still manage to make some money in trading and recovers slowly what I lose last time. Right now, even I have small amount of capital in trading. I am lucky because I doubled up my funds since bitcoin went 20K above level. I also rid the GRS and GRT pumped.

I sold some of my BTC savings too but I was left with no choice since we don't have enough cash.
As long as I could I would just hold it but since I don't have a choice anymore and we are short in cash so I decided to sell some of my BTC savings.
But I would surely save more or buy back if I could.

As long as:

-you made profits,
-need urgent money,
-anticipate that price won't increase more
-really necessary to convert

then don't regret your action. It's a part of the experience and there's nothing wrong with that.

Next time, you can now make a good strategy if ever the same trend will happen again in the future.

I have got into Bitcoin since 2016 and way back since then I still remain on doing works related to crypto whether it is for Bitcoin or Altcoin because both are good and essential cryptocurrencies. As for me, I have faced lots of challenges dealing with the volatility of the crypto market but still I keep going on because before I have got into crypto, I have lots of trials on seeking job opportunities which some are successful and some are not. With the opportunity given to me by Bitcoin, I remain on this and despite of the challenges, I entrusted all to it on which I put investments and trades to it because I believe on its capacity and capability. Look at it now, breaking its recorded ATH way back 2017 which it have already exceeded $20,000 and still going on.

^ I had experienced the same as you, I don't have enough savings now because I spend them all during at that time when I was in sick. I have no choice just to cash out my bitcoin than I cannot pay my bills in the hospital. Look at now, we have reached the new ATH but we don't have bitcoin to cash out, a little bit disappointed to my self but the repentance always comes at last, it will never come back so probably let us collect again and prepare to the next ATH.

I missed the train during the previous bull trend, and on personal compulsion (need-urgent) sold all my bitcoin and altcoin holdings when the market was bearish. Initially sold bitcoin and further believed of growth with altcoins. Nothing gave hands, and my entire portfolio was destroyed as a began to cashout when there is no bullish movement at the market. I consoled myself its my fate, but the reality is we need patience.

You can be proud of that too. A happy wife means a happy life. If they ask for the private keys of Satoshis, and its within reach, just oblige. You'd be happier for it. Congrats bro.

Remember, "we're all Satoshi"

Hahahaha...... No, no, no

Nobody should go that far a sullen route for selling at any time. Buying, selling mining or hodling, even hating, are all part of what made the bitcoin space thick. "We're All Satoshi", except Craig.

Thanks for the extra vibes, though.

I'm also in the same boat this year (have to move to a big apartment cause I'm tired of stopping the boys from fighting over toys etc and also have to make my wife happy lol) but i have no reason to be sad about it because the market usually give more opportunities and i have already focused my plan on the next halving season.

I believe we have so many reasons why we sold bitcoin too early, and if that is because of our family, we do not have to regret because we make money for them. If we can see they are happy to see our gift or we can make them happy, that will be the biggest things that we can value with anything. I also sold bitcoin too early, but I still try to make more bitcoin because it is worth my family, and I am willing to do anything to make them happy.

I'm sure most Bitcoin holders must have sold too early, including myself selling Bitcoin at $ 19,000. I was even surprised that Bitcoin
was able to hit the price of $ 24,000. Most people selling Bitcoin too early, because would not want the events of 2017-2018 to happen
again. For me, I don't need to be sorry if I currently sell Bitcoin too early, rather than not getting any profit at all. Later when the Bitcoin
price corrects deep enough, that's my chance to buy Bitcoin again.

I too thought that Bitcoin will be bullish this year specially after the halving as it always follows that trend. But as we know, what we say/think sometimes is so different than our actions or what we do. I too sold my crypto and also had major losses which I thought were not much but now then I think about it, I could have saved oh lot so much money. This is my regret and hopefully I'll learn from it and always believe on my guts when it's positive!

And I don't find any reason for selling it early since actually we don't have an early word if we talk about volatility since in the first place we don't know the trajectory point of bitcoin if it will pump or dump but as long as we don't lose our money for dumping that then we should really be happy and learn from this incident although it's good thing to hold until today but things happened already and we need to learn from this.

I keep hearing these days that there are a lot of traders who regretted their decision after they sold their bitcoin when the price is resisting at $20,000. I keep telling to others that it is a major resistance wherein it is a toughest resistance and look what happened where there is a price rally when the price of the bitcoin managed to broke the ATH at that time. For those who sold too early, be grateful first because you have a gain and you did not incur any losses but it should serve as lesson for you in order for you to not repeat the same mistakes that you did. Focus on developing your strategy and managed to do some backtesting in order for you to master different trading setups.

There are still a lot of opportunities out there so overcome and reflect to the mistakes that you did. You can still gain some profit if you will create a wise plan and execute it perfectly.

Actually, there is a thing that we must ignore:
greediness

In this case, this is also one of the conditions where we may feel greedy and this may cause loss.
What we need to do is by diversifying our balances. Put some percentage for sale, some for short-term investment in a certain rate and some for a longer rate. however, ensure that we are ready with all risks that we may face including too early selling. if this has actually reached the profits, why not? We can sell it but not all in. Just consider the diversification. Feel enough for the funds that have been sold.

I think there is no one who sold on time. For that you need a lot of luck with all rest. Selling near peak is good enough for me.

But people dont get contented on what they have earned but instead theyre trying to look into the farther side of things that they might able to earn big if they have hold much more longer.

What would be their words if they get caught in the dump and hadnt able to sell off that similar time? for sure they would tell that they had should sell earlier.

Its a common word for us human beings to have these things in mind.We do regret when we missed out better opportunities or we do regret when we dont able to get out earlier
to save up our ass.

As long you do gain then that what matter most.

Right from time I believed more in Bitcoin more than any other cryptocurrencies, and that’s what has been working for me. Most of my investments in this year was in Bitcoin and I didn’t bother myself much when it comes to investing in altcoins, although I did invest in Ethereum, and I also wanted to invest in Synthetix and UMA (though with the way UMA is going recently I have lost interest in it). I am happy that Bitcoin went this far and has increased much. If it still goes up I will be more happy.

There are altcoins that were hyped a lot this year and their prices increased heavily, just like DeFi and they have crashed already.

We are selling bitcoin because of one reason, and if we sell bitcoin because of panic, then there will be something wrong with you because we do not want to sell bitcoin while we are at a loss. It is better to take a profit for a small amount than to sell bitcoin at a loss. And that is why we always need to analyze and think about profit and loss, so we can decide to sell only if we can take profit. But it is okay if we sell bitcoin because we are in urgent need. After all, we need money for that.

To be honest i found out about Bitcoins some 8-9 years back, at that time the price was not interesting and many people didn’t have immense knowledge about. One of my friend told about it and hence i get into this as a time pass.
Also to be honest, in my entire life I haven’t deposited a single penny in cryptos, though I have earned them a lot.
In the past few years , i have done many microjobs and till now i have made around more than 10k$ with Bitcoins.

And when it comes to the regret, part i just sold 2000$ worth of Bitcoins when the price was struggling around 18-19k USD. And then suddenly after 3 days the price pumped to 23k USD.
Nevertheless let’s see for the future, what i can do best to yield maximum profits.

Honestly I have learned about bitcoin way way too early, I would have been a millionaire easily if I was smart enough to keep every single coin I have made so far, I would have been so rich that I wouldn't need to ever work again, have a huge house, a great car, change my car with a new one every 5 years and still not have to work ever again, that much money I could have made.

However that is not what upsets me most, the fact that I sold too early is fine, the part that upsets me most is the fact that I knew it, I knew that bitcoin would go higher and that is what bothers me the most, because I could have just kept my bitcoins and not sold them and get rich and I knew this, but I didn't, because of some life stuff that I had to sell bitcoins and pay them off, so that debt I had to cover is the cost of this, I would have been so much richer if I didn't had that debt to pay off.

Its quite obvious that he had said these things which i do saw that he is on profits but he had sold to early and just like what said above where people arent really that contented on what they have gained but instead on to be happy theyre quite regretful on what they had done without even thinking that they had able to make money.

Appreciation on what you had gained rather than to be stressful just because you havent able to make more.There's nothing to confess because most of those gainers did really do the same thing.

Be thankful on what you had gained rather than you are in losses.

If I bought Bitcoin at $10,000 then sold it a $20,000, have we think that this is regrettable? Though we sell it too early as the market still peaking up but the fact that we aren't sure if the situation will go like this, we don't need to feel like that instead, we are so happy that we never miss the $20,000.

OP, what you did is right. You wanted security and yet, you also have a profit from it. Yeah, it was too great if you sell it at $23,000 but what if it dumps and you miss such a chance just 2017 where people/investors still holding as they look for more than $20,000? That was more regretable, instead.

Only greedy people regret selling Bitcoin too early, in my opinion, the most important thing is that we can make a profit and avoid losses.
So it doesn't matter if we sell Bitcoin too early as long as we still make a profit. Successful traders are not how much profit they make,
however, getting profit consistently and being able to avoid losses are the keys to success in trading.

I sold at $23k and I'm still wondering if I made a smart decision. What if the market pumps and bitcoin hits $30k. You can predict the market for sure, it's best to sell at ATH and hope to buy the dump.

$30k could be possible but we can't just say that it comes so easily. What you've done is a smart decision, you don't need to wait for that long and chasing $30k coz for me, it was a big mistake and brag by our greediness.
$23k is big enough especially when you just buy your Bitcoin at $15k and even at $20k, we can see already a huge profit from it.

You'll be thankful to sell at that price coz you will also be wondering what IF the market drops today but you never sell it. Probably, you will blame youself.

BUT do you know where the "near peak" is for 2021, or 2022, or 2023 and so forth? I read some posts in the topic saying that they sold their coins priced at $23,000, or "near it", but what would they do if Bitcoin continued surging upward?

Yo, It's now $24k BTW. and also it's already a huge hell of a profit. and I also feel that you are right in this. do not do based on "IF", just do it if you are already profitable. because that too has happened and control your emotions and greed

They will surely regret it once the bitcoin price will go up beyond $23k because they are selling on it at the target of $23k.

But for me, that is fine. If you think that if you are selling at the price of $23k then you have a profit, that is fine. Because you have gained already profit and you have nothing to lose with you. If you feel greedy and wait for a better profit, I guess much better if you have to monitor the market because we don't know exactly when is the perfect time to sell our bitcoins.

If you did not badly need money, I suggest not to sell early. I believe that bitcoin will go further than the price of $23K in the market.

We have an ideal time to sell? Shouldn't there be a careful plan that we should follow? What about today, price keeps rising and any day it can be January 2018 again and another two year bear market. Altcoins didn't even made it as previously. Is there an indicator when we should be selling? Also all the 2017 altcoins have never recovered, doesn't this mean they are probably not ever going to?

That's what i personally considered 'smart' when a trader sold early in as-much s/he is into profit. Before the later bull-run that lead to this strong bullish movement in Bitcoin price, i sold some of my stash a week later the price of Bitcoin moved approximately 50% but was never at regret becasue my sold gave me some good profit too, which is the most important thing IMHO.

it was eth first who do the show but later on it was stole by bitcoin  .
i dont know if link does the same because i didnt see link in altcoin discussions  but on your story it was bitcoin that you featured and what is the connect of the two alts eth and link  .
 you joined in 2016 and you sold at 2018 , you did not sold early  and you did not also loose because number one is the price already improved alot at 2018 compare to 2016 and number two is you started it all with free money .
sold early means that if you sold same year or earlier that month right after you started .

I also experienced this often, sometimes I feel dissatisfied with the current sales rate and it turns out that the rate continues to increase. But on the other hand, we should be quite satisfied because we have previously set a rate at a certain number. don't be greedy because it doesn't always match our expectations. Therefore, we can divide a few percent to be sold at a certain rate and some are sold to increase even higher.

I totally agree with you. Only thing that matters is to be in plus. But all what we sad it's learned with time.

To avoid regrets, we have to make a plan to buy and sell at a certain point, observe the market and make our own decisions, as long as it makes profits don't regret it.
in this case, prefer to sell a small portion whenever bitcoin price increase rather than sell all at once since the opportunity to sell at a higher point will be lost at that time.
The same thing for buying bitcoin, if the correction occurs, don't buy it immediately until the bear market takes place, or at least after 30% correction.

Happens with all of us but even if you sold bitcoin too early i will suggest you to hold your Eth bags tightly as next year i expect eth to make decisive moves and it could be the real deal especially im talking in terms of leading the bulls, all i can say is that ethereum is going to be the highest demand coin in near future.

Like what I have mentioned to my previous replies, I first joined this forum way back in 2017 where the price of one (1) bitcoin was around $5,000. I used to earn some bitcoins through participating in campaign signatures but most of the proceeds went to fund for my education as living in a third-world country was tough. Looking back, if I had kept all of my earnings to my wallet right now, I could have around at least 0.5 BTCs but I do not regret spending those.

I still have some remaining bitcoins but basing on the trend on its price over the years, I would say that HODL bitcoins for 2-3 more years would definitely be in my favor.

I think like mentioned above if you're happy to distribute your moves in both markets if BTC goes up you only sell a fraction of what you're happy to sell even if it goes up. Having something like this where you gives yourself some room, then irrespective of which way it goes you might be covered.

It is true, you can't always catch the top but similarly you might not always catch the bottom either. With the strategy above you're putting yourself in a better position than >80% of people. But that's only if you're comfortable with it. May not work for everyone but its another option out there

Identifying correction or bottom price is always been a big question for us this is why we do make out some bad decisions because we dont know on what would happen next.Securing profits is always been the main plan and having some goals or take profit level is a must because if you do just wait up
for making yourself get caught in the dump and missed out profits.
Always set plans on when to sell because if you just wait up for something more then this will might result into other possible outcome.
Be contented on what you had gained and appreciate on what you had earned.

Well, there is always a correction when it comes to bitcoin price. We must also prepare ourselves because anytime bitcoin price will down without noticing us that instead of aiming profit will turn out to massive losses because we don't know that the market was already correcting the price. However, don't regret if you will be sold it early, why? --because if you have already a profit at the time you sold your bitcoin, that is fine. Perhaps bitcoin will hit another ATH before it will go down again just like what happened in 2018.

Buy the dip, and HODL. That's our only option during the "early adopters" and "late adopters" phase. Everything you HODL is your life-savings. If you're not rich, SAVE. Bitcoins wasted, is Bitcoins in someone else's hands, not yours. It's not mere fiat you're wasting.

https://pbs.twimg.com/media/EqFYcrcXYAMtyEf?format=png&name=900x900

The bad characteristic of human is that they are never satisfied with what they have achieved. Like me now, I started to collect bitcoin as much as I can because I came across to this place was 2017 ago when the bull run came and I intended to start collecting bitcoin. Until now, I'm still collected it especially from my signature campaign but yeah I never satisfied of it.

I always thinking until now I should collect bitcoin in my whole fund, make it as a saving place rather in my bank account. Although I succesfuly got a lot of money from my holding I keep hold it in my wallet hoping that the price reach $30.000, it was my target to sell my bitcoin. I never though to choose altcoin anymore because it will make me dissapointed and it is evident now.

And that's awesome! Bravo!
I'm sure Satoshi himself will be proud to hear his bitcoin is being put to good use in making our families happy.

Wow! Amazing bro.

Stacking and hodling since 2017? That ain't some easy feat man, bravo.....

And yes, you're absolutely right, there's no stopping bitcoin's push for the north of $100K anymore. Its proving to be the real deal after all.

Congrats.

Im amazed on these kind of people that had been able to hold their assets or coins in 3 years time even though it doesn't really give out some assurance for recovery
but still they do really risk up and still tending to hold no matter what.I cant imagine on how they do able to fight their emotions in 3 years that had past considering
that there are lots of situations where market is really going to the floor or we haven't been moving for too long in low levels but still they do able to resist that
and continue to hold no matter what and it did paid off.Now to those who panic sell then the feeling of regret is there.

I beg to differ, sir.

And issue a timely warning. This is no longer the bitcoin of 2018, neither is this the bullrun of 2017 Dec. Be careful how you look.

Back then we were mostly blind speculators armed with blind money hoping to make a doe or two with bitcoin and crypto investing. But now the real deal is here right before us: Bitcoin is now being accorded the respect we thought about in our distant day-dream- Investment From BIG, Institutional Fund Managers

These guys take an ordinary item and make it an asset of great value. And Bitcoin is now showing up on several balance sheets all over the world.

Agreed, bitcoin is different right now. The majority of new investors are coming from the big institutional.
The fund management platforms were boosting the price of bitcoin and its fundamental. I thought that 30k will be achieved very soon if this trend is still continue.
It's quite impossible for bitcoin to get another correction and it will not be so deep as it always before the institutional investors decide to buy more and more bitcoin.

I like such posts a bit where there's nothing but regret.
I mean, I was the one who didn't buy early and so I regret the same thing and will regret to it forever. I even had the chance to keep my BTC when I was earning like BTC0.4 weekly through a signature campaign when BTC was like just $200 or less. I didn't keep it and just sold whatever I used to get, sometimes gambled. It was a different BTC and I had a different mindset, I was treating BTC as my salary but never knew that this salary would become a life-changing amount some day. And now, there's nothing but regret. Still I hope I can make it some day and hold one full BTC. :)

If you have any assets you need to sell different price like you have 1 btc in your wallet not sell all bitcoin on the same price, you need change 0,1 btc with different price so most effective when get higher price and not looks disappointed when you miss with one price, I know how many trader loss much assets because sell on the same price and almost their assets always sell all in. I think when you buy you can try this method and not buy at the same price and have different like you sell.

Oh, really? Projects used to pay $BTC for bounty campaigns? Wow!

I never happened on such campaigns but, I think, right now a campaign paying in $BTC is what we all need. Who's with me?!

People can't be perfect at least if they can dedicate some efforts and that could make them all can do that best. I have been experiencing so many times i sold my coins too early and then i was losing a lot caused by i can get more money from there too. That's why when in the bullish trend if the strong hand will always become winner who can be sold their coins at the peak price while others have nothing to be sold in the market.

That's going to happen a lot while trading specially in crypto market...

So at the end of the day you have to learn to accept the fact that you can not possibly predict the future 100% and the only thing that you can do is to just speculate and use technical and fundamental analysis to have some edge over the market and those who don't use them and pick the best entry and exit price for your trades.

I also think if this selling too early happens to you a lot, then that could be the result of buying(investing) more than you should, the thing is when you overinvest in something you won't have that much control over your emotions and a little bit of pump could make you sell, well, which is not that bad since you got some profit , but the problem is if it goes down a little it is more likely for you to sell at a loss as well which is not good.

I think like mentioned above if you're happy to distribute your moves in both markets if BTC goes up you only sell a fraction of what you're happy to sell even if it goes up. Having something like this where you gives yourself some room, then irrespective of which way it goes you might be covered.

It is true, you can't always catch the top but similarly you might not always catch the bottom either. With the strategy above you're putting yourself in a better position than >80% of people. But that's only if you're comfortable with it. May not work for everyone but its another option out there

I also believe that bitcoin will not hit a new ATH this year, there's a little time left although it was already bullish at the time when the world is in pandemic, but here we are, bitcoin is really unpredictable and it has skyrocketed once again. However, you should not regret or feel bad because this is a cycle, bitcoin maybe at the top now but it will always give us an opportunity to buy, so let's wait until it will dip.

Its better to set prices we aim to sell but to lessen the fees and we think we already get too much profit from our investment then it's good to be safe than sorry. Bitcoin is still volatile it may be bullish now but we can't still control when the price will make correction,though we can buy back and set prices anytime to get atleast more profit.

Yeah, I think that is the smartest thing to do. Honestly, I sold my coins too early but I guess that was okay because I already hit my target price. Having a target price is a way to mitigate your risk exposure and that was a good thing. We might miss the opportunity to sell at the peak but at least we already got our target profit. Besides, no one really knows exactly that Bitcoin would grow this much so I think it is a safe call. But if you want still to enter the trend then you could partly buy of it.

You have to decide according to ho you understnad the market.

We can't control how the market will push but as long as we gained profits I agree that it's better than nothing, even how small it is you can continue enjoying your gains, or, you can simply go back and wait for another opportunities.

Opportunities doesnt really come often thats why when you do have the chance then its better to secure out profits rather than waiting up a bit more just because you do want something more.

Dont regret if you do really sell out earlier because as long it is a gain then that would be consider as a good step.Dont need to regret or something like that because you are still lucky that you
do make money instead of losing some.

Selling early is part of trading because due to unpredictability of the market, we do actively presume that this might be the peak and having those kind of impression and
views would really be common thats why we do make out such action due to presumptions but at least we are on the positive side of things.

When the Bitcoin having was at the beginning of this year why did you sell BTC?

It's not necessary that somebody buys it to hold forever. You need to sell whenever any emergency arises and you can't hodl at that time at any cost. At the beginning of this year (2020), you may also be aware that the Covid-19 outbreak took place too so it was by destiny that anyone would sell their tokens because money is not superior to life, but life is much more important than money.

S*t happens :D

I sold 80% of mine BTC to stables coins on $22.5k as I felt there is no way to go higher before NY. Obviously, I was wrong and now I still can't decide should I make the conversion back on loss or there is a chance to buy it cheaper than $27K...

I'd suggest hold on to your USDT or better look for some opportunities in altcoins as BTC is going to rebound for sure and will be worth less than your sold price but not sure when (too soon TBH), but if you want to flip your money into something that's worth least atm, you may try out bzrx or simply wait for the reversal to happen and buy back lower BTC. :)
It's true that nobody can hold when they're unsure about the certainty of a pump, that's what FUD is all about. ;)

When bitcoin and altcoin going down better hold in USDT balance and buy back after get good news and have chance back again to higher price, very risk if you keep holding assets during have lower price and best chance after going up sell it before down, then you can buy back again if price back to higher price, if price keep down never hold it and sell or try to re invest when have chance at lower price. I know many people keep believe when price up always have chance going up but late price down and panic for selling coin.

Although, if you zoom out, you'll actually see that the actual "top" is not near the current ATH. It's way up up to a 6-digit valuation per coin, I believe maybe more.

Always confession after selling and why not enough with your profit, I think thousand trader always have the same words after selling their coin and never take care with how much profit earn, how come if not sell your coin and price going dump then you need waiting for long time again to get profit and your money back, how ever after raise profit you need keep thanks without always disappointed after selling because you can buy back again if price down and get profit or looking moment with other coin.

Well, I think your expectation didn't happen in terms of decreasing the price of Bitcoin in between 7k$ to 13k$.
And as you can see in the market it was spike the price value around 27k$ something in all exchange platform in the crypto
space.  So, my best friend was right that in the future Bitcoin will really become one of the popular currency online in the entire world
in which was happened now already.

People see negativity in the positive outcome as well which is just a common behaviour among occasional trader and investors. Once they get enough experience especially when they are going through the rough experience then they will realize about the profits they made earlier. One important thing need to be realized by every trader is, no matter how good we are with out trading skills it is not possible to sell at the perfect peak and buy back at the perfect bottom.

People really like to have that kind of trading outcome which they like on being perfectionist when it comes to this.Where they do always target out on whats the perfect peak and whats the perfect bottom.
Lots of speculations and presumptions towards price movement via those technicals or charts but those arent precise but somewhat a better thing to be used for you to consider rather than picking out
blindly on wheres the pick or making up your position. When you do really have experience in this market then you would really be appreciating on what you had earned rather than complaining
that you do only earn less but at least you are in the green side.

I got into bitcoin in late 2015/early 2016 when bitcoin was just a little above $100, at some point, I watched it drop to $88, i never bought cus there was no way to deposit fiat to the exchange, there were some local exchangers back then, but there were many scammers and using them weren't advisable, so for me earn some bitcoins, I started participating in faucets, I was involved in Many faucet site but I never really earned much.
The bitcoins I earned I put into trading, I earned more but to cut the long story short, I later sold all my bitcoins for fiat and. Other coins that later either turned scam or died.

We're riding a new dip this time. The prices are comparably high than a few months ago and this is favorable to those that have been holding up to now. Those who have bought when the price was low, they're happy this end of the year. And for those that have sold early, it's not yet too late and don't be discouraged nor give up. There's always an opening that we can to start buying at dips, I agree with that. The opportunity will knock again if it corrects but that could be in a higher price already.

@op dont beat yourself up maybe I would have sold too if I where in your shoes, you are right, not many people believe btc will make the 20k mark this soon, and I bet many people also sold too quickly when btc first started the run, this is part of the journey, sometimes you get it right and other times it doesn't go as planned but there will always be another opportunity,  maybe not from btc but from some other good project.

I think it happens to everyone at one point or another. I've sold my BTC share in 2018, when price was around 4k. I just was shortsighted. Didn't see potential. And now it's around 30k. Coulda made x8 if I didn't jump the ship. Well, past is past and now I've got some more. Hopefully hodling turns out better for me this time.

Once you discover this community you cannot ignore the many sides of it, the profit, the discussion, the trading, the scams every toipic about Cryptocurrency contributed to what it is now, the good and the bad side are part of the adoption and to what the industry has become, we'll see more actions, more news and more arguments.
Cryptocurrency community is probably the best place to whether to invest or to discuss.

It seems like the dip is not coming yet, bitcoin is about to make a new mark of success and that is $30,000... still have plenty of time, very possible by the end of the year.. My gosh! bitcoin is flying so crazy, this is a literal description of what is happening, bitcoin to the moon. !

The time when I've posted as there's a dip. And if there's no new dip this time, we're into the point of bitcoin is just maintaining itself on $29k. That's a good gift this end of the year. But you know what, many have thought that it would be ending $30k-$31k because of the date that we have.
The real thing about mooning. Many are sensing that the year 2021 would be giving us a better price and that could be high as $100k.

I regret I don't buy bitcoin this year I was focus on the other alts. I just realized the bitcoin is on the bullish run and now the price is going to $30k USD. It is a big improvement of bitcoin from $7k USD last year January 1 from today price. You can feel the huge changes.

Its  too late to regret because due to unpredictability of the market that's why these kind of situations are quite common.

We wont know on what would happen next that's why we do commit or missed out mistakes for us not to buy when its still cheap.
Lots have doubted but there are people whom do really risk out.

No need to regret when you do sold early as long you are in greens then that what matter most.

Yea, you right bro. BTC has a way of giving us an opportunity of a fresh start. Whether at $0.1, $1, or $100000 any start on the rough, unpredictable ride of BTC seems perfect at the rate its going.

Me too I restarted my hodl journey recently.

Me not doing it until there's a correction and I see bitcoin dump with significant amount. I don't want to ride with the train now as I don't know where it's going, yes it may continue to pump but I'm sticking with the best method to buy bitcoin at its dip.

Stick on things where you do see where you benefit out and stick with that and dont go overboard or dont let yourself too greedy.
Even if you do sold early as long you do make profits then that what matter most.Some just cant accept that they do miss out more money
thats why they do feel regret but overall it is just fine as long you are on greens.People just dont get contented
on what they earn and instead to go back into those times on where they might able to earn more.

https://i.postimg.cc/tTZCfHKg/Ehph-Zs-NWk-AEw-S0-J.png (https://postimages.org/)

Since that may 2011 I can say Bitcoin has succeeded in churning out tens of thousands of more Greg's. As at the time of this post Greg's regret was worth $13,600, a princely sum by any standards at the time.
But its now worth a mindbogglingly $49M+!

Don't underrate an idea who's time has come.

Just Hodl..........

If we only know the future then we would hold, unfortunately we don't have a time machine so we never know what's coming. For some people they can hold longer but for sure they are already contented so they sell for a profit, and for me that's the most important thing to consider, be contented and you'll enjoy investing once it succeed.

Thing is, what if bitcoin dump and loss its value, I think Greg did a great job then.

You can't really predict accurately what will happen and when. I also sold a decent amount of Bitcoin back in 2017. I don't even want to consider what I've sold or spent back in 2015-2016.

On top of that, I sold at $25.000 and $29.500 respectively, I do regret it but there's nothing I can do to reverse it.

Well at this time I already sold a huge part of my coins that I am holding, just few remaining now and I am not sure when I am going to be selling the remaining coins. The over $25k price was kind of a surprise for me, I was watching the price and it kept going, and when I think it will go down it still kept going up, I sold them at $30k.

I never expected it to even reach that $30k not to talk of reaching the current $32k as I am writing this post, I was thinking that whales were going to start pulling off from the market the time it reached $25k and $20k, and surprisingly they never did, and that’s good I’d say.

I feel you bro.

Well, that's what we used to know a believe about the crypto market in general. The fear of whales taking everyone and everything for a profitable ride used to be the beginning if wisdom, right? It appears things are changing. Or they changed since Paul Tudor Jones (https://twitter.com/ptj_official) fingered bitcoin as the gold rush of the seventies.

Regret would really be there because price is unpredictable and keeps growing and it cant be avoided that we might able to sell off lower on what are the numbers we are seeing now.
People shouldnt really mind off as long you are in gains then that what matter most and to think that we can still buyback when it pull backs or correct and sell it off later on.
This had been the behavior of the market since from the beginning.You wouldnt know on what would happen in the future thats why missing good opportunities are common.
People are just not really contented on what they had earned earlier if they do saw that the price shoots up to the rooftop without even considering or rethinking that what
if the price did go down after you had sold? For sure you would say that thats a good call or step you had made without regrets. lol

There's still an opportunity to buy bitcoin, if you missed to buy at low price then better wait rather than riding on the hype without assurance if the increase will be consistent.

The bullrun 2017 gave me a lesson to not be greedy. That time I missed to sell and only take profit a portion of my holdings, though its still a good amount.

Currently I made sure that I wont repeat the same mistakes again since the price of bitcoin surpass the last ath, I take advantage already to have no regrets incase the price experience a correction.

Anyway I do accept that Bitcoin's value activity right presently is something that won't hold in a long length particularly when it is the beginning of individuals really observing benefit from the value Bitcoin as of now has so I consider benefit and misfortune, so we can choose to sell just in the event that we can take benefit. In any case, it is alright on the off chance that we sell bitcoin in light of the fact that we are in critical need.

All of my Bitcoin I do have and had is all from the earnings in Signature campaigns I've joined since 2016, I don't spent any fiat in Bitcoin, that's why even though I converted it too early in fiat and didn't wait for a long bull run, all I think is profit is profit, besides, I do need the money for my everyday living, so no regrets. But of course it's completely not the same to those investors in Bitcoin, that's why I know how OP feels.

The only thing we could do is to learn from our mistakes, buy again and hodl, wait for another bull run that'll satisfy you to sell your Bitcoin right away.

I did sold mine too at those price range recently having read the usual stories that the price of BTC will dump and price history repeat itself etc that there is likely a massively or pullback to a lower price just like the event of 2017, here we are now the price is above $38K I lost some profits had I hodl my BTC till today after selling earlier.