CONFESSION TIME: I SOLD TOO EARLY

[Ridwan Fauzi]

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.

[coinriches]

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.  

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

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"

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.

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.

[coinriches]

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.

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.

[Hamphser]

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.

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 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.

[coinriches]

There is nothing wrong with selling your own investment or portfolios. The truth is that it is your investment and portfolio and your core focus as a trader or investment is to take profits. Before worrying about selling early; i would like to know if you were in profits, if yes ? then you are good to go, nothing to worry about.

As he said above, he was in profit, but he sold too early. He hoped that this time bitcoin will turn around in about the same place as last time around $ 16,000, but this did not happen and bitcoin continued to move.
The chance has been missed, it remains to wait for a pullback and buy at lower levels.

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.

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.

[CuriousGeorge]

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.

[Stedsm]

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.

[Oneandpure]

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.

[coinriches]

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.

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?!

[coinriches]

There is nothing wrong with selling your own investment or portfolios. The truth is that it is your investment and portfolio and your core focus as a trader or investment is to take profits. Before worrying about selling early; i would like to know if you were in profits, if yes ? then you are good to go, nothing to worry about.

As he said above, he was in profit, but he sold too early. He hoped that this time bitcoin will turn around in about the same place as last time around $ 16,000, but this did not happen and bitcoin continued to move.
The chance has been missed, it remains to wait for a pullback and buy at lower levels.

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.

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.

OK, that's the warning.

And let me repeat: THIS IS NOW A 'DIFFERENT' BTC

[JeffBrad12]

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

Yes, but being a Plus in every way is a matter that is not easy and always requires a lot of struggle, so not many people are able to be a Plus in all the things they like in general.

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.

[XZERO1]

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.

[DarkDays]

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.

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.

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

[freedomgo]

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.

[Beparanf]

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.

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.

[blckhawk]

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.

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.

[Pamadar]

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.

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.

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.

[Oilacris]

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.

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.

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.

[raji1995naya]

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

[Stedsm]

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.