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Author Topic: Did I do wrong or right ?  (Read 4804 times)
smho_16 (OP)
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September 12, 2016, 07:59:27 PM
 #1

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
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September 12, 2016, 08:51:52 PM
 #2

I bought a cellphone with bitcoin last year when the price was in the doldrums. it's now the world's most expensive cellphone.

it's a good phone but it still pisses me off when I look at it. If you want your computer and had no alternative then enjoy it all the same.
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September 12, 2016, 09:02:04 PM
 #3

You'll regret many things in your life, but if you don't want that to happen, don't do anything. Stuff happens. I've missed out on the thousand-dollar iBuyPower holo while investing in CS:GO, as well as the Titan Holo. But guess what? Good stuff happens, just like bad stuff. I built a computer when Bitcoin was stagnant at near 500, and it's now 600. Sure, it's not a big price rise, but it's a good pc.
Do what you like.
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September 12, 2016, 09:06:08 PM
 #4

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.

No I don't think so. You've used it for your fun and happiness and remember it's a digital currency not a real one If you think about bitcoins price will go high in future and keep holding it it's worthless because money you've in your hand today worth more than in you'll have it in future.
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September 12, 2016, 09:35:17 PM
 #5

if you thing that it really give you a good profit then you did it right but if you booked lost then it is not a good decision because you can hold it for some time and when the price increase then you can sell it in a good price.
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September 12, 2016, 09:54:20 PM
 #6

I'm confused and not sure if I fully understand.


You sold a high number of coins for $200? yes, I'd say that's wrong. Why didn't you sell at current price?
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September 12, 2016, 11:22:23 PM
 #7

I bought a cellphone with bitcoin last year when the price was in the doldrums. it's now the world's most expensive cellphone.

it's a good phone but it still pisses me off when I look at it. If you want your computer and had no alternative then enjoy it all the same.

didn't buy a cellphone but i spent many times my money to buy or to pay online services when the price was relatively low comparing to the next hours/days' ... it pisses me off but i forget and pass, then i redo the same thing over Tongue

@OP if you have a dream go for it, the price may increase or may stuck in this level for months and the life is short so go for it  Wink

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September 12, 2016, 11:38:17 PM
 #8

I've been toying with the thought of spending a good portion of my bitcoins on laptops, cell phones and other electronics but I'm just such a saver. I've spent barely any bitcoins in my entire time here because I just love collecting them and seeing a new 'all time high' in my wallet. If the Canadian Dollar starts to climb I may be more inclined to spend some of my coins but for now it's HODL. If we see an ATH I, again would be more inclined to spend some. I would never spend over 20% of my coins though unless I absolutely HAD to to survive.
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September 13, 2016, 12:16:04 AM
 #9

If you made a profit, then I don't see any problem with selling. You can always buy some back later if the price drops. There's really no right or wrong answer.

 
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September 13, 2016, 12:25:07 AM
 #10

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
i think you are right , by because money always works as need to complete our work . here bitcoin complete your work for your incoming success for your gambing pc hardware . here the condition is same for me like you . i am also looking to sell my btc to get a new hardware for my pc
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September 13, 2016, 12:32:02 AM
 #11

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.

I think it's not wrong, because you do that or complete your goal/dream and do it with your bitcoins. For me, you are do it right and you can start earning bitcoin again.
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September 13, 2016, 12:37:03 AM
 #12

IF you selliing bitcoins for now moment and think realy ungent for it. Why not Cheesy this are your money then you free how to do it. If you think wanna selling bitcoin for uprage computer be better. I think this are good choose, if you still hold this bitcoins may you still on hole risky.
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September 13, 2016, 12:37:36 AM
 #13

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
Its a good choice for you you did it without hesitations, dont mind the price if it increase or decrease after you bought it . If it will makes you happy that you have this kind of computer any kind of materials because of buying with bitcoins well its a very big achievements to me. Just make sure you will never regret it in the end.
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September 13, 2016, 01:04:42 AM
 #14

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
i think you did the right for your best future of gaming pc plan . and here everyone is with atleast one aim to complete through btc . so i think it would be better that you should complete your aim through honest way whether it is through bitcoin or real money .
and another thing i want tell you that rate doesn't matter if you get you target .

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September 13, 2016, 01:10:11 AM
 #15

It's fine, nothing wrong with that, atleast you now can appreciate and use the fruit of bitcoin... Never hesitate to do that if you need it, what's the use of your bitcoin if you would just keep it and you are hungry or you are craving to buy something that you really want or you really need... Besides, I am thinking that you buy that computer and will be using it as your workhorse right?  Smiley
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September 13, 2016, 04:08:23 AM
 #16

I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.
With that "maybe Bitcoin will rise soon" mindset, you will never be able to cash out any amount of your coin. Because, even if we rise up to 800$, but with the mindset of "What if I sell my coins now, but tomorrow, there's another major increase? Oh nooo, I will not sell it just yet and wait for some more time." And then the loop goes on and on whenever you want to sell your coins.

I think what you did is only right. Pretty sure that you got those Bitcoins with a price less than 600$. If so, then you even earned a little amount because your timing was right.

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September 13, 2016, 04:12:46 AM
 #17

No way to know what is gonna happen in the future, so no one can say you are wrong.

I hope you enjoy your buy and it is something you really need, not only a whim
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September 13, 2016, 04:14:39 AM
 #18

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.

its good if you can buy back at lower price Smiley
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September 13, 2016, 05:37:49 AM
 #19

there's nothing wrong as long your needs is fulfilled, you want computer so go buy it even your bitcoin will only worth 200USD (if I were I would sell it a little higher to be honest LOL),sometimes i'm exchanging my bitcoin to fiat and suddenly price rising that make me feeling regret but I know that regretting this price rising is pointless so it's fine

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September 13, 2016, 05:40:58 AM
 #20

I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.

You used it for a purpose so there's nothing wrong about it and besides it's your desire and goal. Money is just a thing.

Sold money can be earned again so why worry.

Also there's no instant skyrocket in price of bitcoin so still you will not missed the train.

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