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Author Topic: A Confession: After 5 years of hodling, I finally sold  (Read 454 times)
arbiter5 (OP)
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January 09, 2021, 04:54:32 PM
Last edit: January 10, 2021, 03:44:49 AM by arbiter5
Merited by bitmover (1), aoluain (1)
 #1

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.



edit: apparently people are missing the joke

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January 09, 2021, 05:04:32 PM
 #2

after holding mine since Feb 2018 I sold them yesterday , I made 4X the profit . "A bird in the hand " as they say .. I hope you do as well .
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January 09, 2021, 05:12:43 PM
 #3

Selling all your shitcoins to buy btc is always a good idea and it is not something to regret, some alts are really not worth holding anyways, you will probably get more value holding btc than keeping the shitcoins.
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January 09, 2021, 05:36:07 PM
 #4

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

Short and sweet, I like it.

There are a lot of us who have held if not all but the majority of our BTC through the bear market.

I am a long term Hodler and everything to date which I have Hodled is showing a +, ++, +++, etc.

Have you heard about Didi Taihuttu and his family who sold everything for BTC back in 2016/2017
they have been traveling the world since and are great ambassadors for BTC.

One of their mottos which we can all strive to is:

"the secret of happiness is freedom and the secret of freedom is courage “

https://yolofamilytravel.com/

and @arbiter5 this is something we should all do! Liquidate all unnecessary stuff into BTC [or everything as above!]
I have started this too and I'm not getting hung up on trying to get top $ for the stuff, my aim is to liquidate quickly
because the value is in BTC not in the extra few $'s I should have got for the stuff.




R


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January 09, 2021, 05:41:00 PM
 #5

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

Thanks and congratulations to all holders!

It was not easy to hold  especially in January 2019 when we were in the bottom!

But I would be careful before buying bitcoin now at all time high. Keep some money to buy in the upcoming months, we might have a correction

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January 09, 2021, 05:44:31 PM
 #6

Haha, well done OP. Just, a small thought to not put all in. I'm pretty confident you'll be okay in a few more years even if you did, but it's always good to have some eggs in other baskets, too. Unless you're free and alone and have no other people to pay for possible consequences of course!

And oh, not your keys, not your coins. But you know that, right?Wink

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January 09, 2021, 05:45:04 PM
 #7

Quarantine is hard for everyone and therefore I do believe you sold for a good reason, btc is indeed hit an all time high and I had to sell everything I owned in 2k19.

Therefore missed out on this big opportunity but then again I bought some and sold them few days before at 38k.

It was a good decision since not all of us are Elon musk. Haha!

Security before everything ofcourse,  kudos to you for making such a huge profit.

Let's save some more and buy again in 2021 itself because who knows where it's gonna go next.

Rest I'm also thinking of invest in dogecoin and ETH but ofcourse the major savings will be in BTC.

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January 09, 2021, 06:19:27 PM
 #8



I have hold on to the worthless altcoins I have though and now it's something worth already like $300+ I couldn't believe some are buying the token but yeh anyway, I might just dump it as well now that I have the chance to earn and hold BTC instead.

It's embarrassing already to show the wallet that contains the token I hold for 5 years, I guess it's time.

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January 09, 2021, 06:25:33 PM
 #9

2x in profit is sweet, 3x profit is sweeter, 4x in profit is the sweetest at these moments. Although it can be more than those times that we can see with the current price of bitcoin in the future. But everyone deserves to take the profit as they want to.
But just to make sure that you're never out of the market while having those sweet, sweeter, and sweetest profits. It's an unending market that we have entered and bitcoin is projecting to hit 6 digits for its price.

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January 09, 2021, 08:55:28 PM
 #10

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

Nice title clickbait Cheesy

I didn't survive the '18-'20 bear market as I have a family with needs and expenses, but still, I hold some coins.

Good luck with the new holding.


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January 09, 2021, 10:36:29 PM
 #11


I have hold on to the worthless altcoins I have though and now it's something worth already like $300+ I couldn't believe some are buying the token but yeh anyway, I might just dump it as well now that I have the chance to earn and hold BTC instead.

It's embarrassing already to show the wallet that contains the token I hold for 5 years, I guess it's time.

alts are not safe for me to hold long term. your decision to convert it to BTC may be worth in the years to come. most alts have no active app, thats why they go downhill. whereas, no one can beat the popularity of BTC up until now. it is the frontrunner among these cryptocurrencies, so you can never go wrong with this decision.
i admire those holders who kept their btc for so many years, and cashing out just today. that means, they never lose hope with btc after all those years. or maybe, they have other sources of funds why they didnt cash out. lucky for them.

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January 09, 2021, 10:46:21 PM
 #12

Lol, not that I wanted it that way, but I came here to read something like "I finally sold my Bitcoin." Anyway, I'm happy for you having bought more bitcoin, and if you'll take my advised; hodl your Bitcoin even if the price looks enticing, it'll have greater value soon.



 

 

 

 

 

 


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January 09, 2021, 10:57:36 PM
 #13

I have hold on to the worthless altcoins I have though and now it's something worth already like $300+ I couldn't believe some are buying the token but yeh anyway, I might just dump it as well now that I have the chance to earn and hold BTC instead.
At one point, I remember I had approximately 2.5 to 3 BTC worth of shitcoins and then 2018 bear market happened  Grin
That's when I learnt a hard lesson, to always think about Bitcoin first. The March 2020 price drop came with as a second chance and with the profits I have made so far. I must say it feels good.

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January 09, 2021, 11:04:37 PM
 #14

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.
I totally respect you for taking control of your emotions and hold your Bitcoin till these current market whilst some people have sold their holding to cut lose during the last dump market.
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January 09, 2021, 11:07:06 PM
 #15

..all the unnecessary shit I have so I could buy more bitcoin!
Uh oh.  Stories like this make me cringe just a wee bit, because during the last runaway bull market there were people selling all kinds of things so as to finance bitcoin purchases.  I do hope for your sake that if you sold things, you really didn't need them.

If I thought it'd do any good whatsoever I'd caution against catching bitcoin fever so bad that when you look around your house you don't start asking yourself 'I wonder how much bitcoin I could get for this?'.  And it ain't because I'm not bullish on bitcoin because I am.  Fully and completely.  But I am happy with the meager amount that I own and don't wish to sell everything I have to invest in BTC

Be careful out there, 'cause it's a crazy market indeed.
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January 09, 2021, 11:11:48 PM
 #16

..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.
It did really take a lot of patience and self control for you to reach this goal where you do able to held up your coins upto now.

Considering on how many pumps and dump that we had saw enclosed into those years then its really hard not to make any further actions  towards that.

If you do still able to held up and able to accumulate specially into those low prices then for sure you are really making some tons of profits as of this moment.

Time to sell? This will be a considerable action and that waiting did really pays off.

R


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January 09, 2021, 11:17:30 PM
 #17

40K$ per btc is totally a very wise and good decision actually had been made. I had been too buying btc in 2018 and then sell it low after bitcoin market crashes and I was thinking of it as bitcoin will going to end. Actually,  I am depressed that I did not even get also the chance of recovering it this bull trend. Probably, because I already afraid of losing again now I am focus on bounty hunting wanting to recover the losses I made before.
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January 10, 2021, 03:45:20 AM
 #18

Uh oh.  Stories like this make me cringe just a wee bit, because during the last runaway bull market there were people selling all kinds of things so as to finance bitcoin purchases.  I do hope for your sake that if you sold things, you really didn't need them.

If I thought it'd do any good whatsoever I'd caution against catching bitcoin fever so bad that when you look around your house you don't start asking yourself 'I wonder how much bitcoin I could get for this?'.  And it ain't because I'm not bullish on bitcoin because I am.  Fully and completely.  But I am happy with the meager amount that I own and don't wish to sell everything I have to invest in BTC

Be careful out there, 'cause it's a crazy market indeed.
Uh oh. Someone's missing the joke.

"The cybereconomy could well be the greatest economic phenomenon of the next thirty years."
— The Sovereign Individual
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January 10, 2021, 03:58:10 AM
 #19

LOL... so the OP purchased more coins at $40,000 per coin. It takes a lot of courage, to go for an asset when it is at ATH, especially when everyone is talking about an impending correction. I personally know a few people who purchased BTC at close to the then ATH levels in 2017. Only one of them held on to the coins when the prices crashed in 2018. And the others are regretting their decision to get rid of their holdings.

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January 10, 2021, 04:01:54 AM
 #20

A lot of people waiting for the altcoins to follow.

Ever since the price of Bitcoin rallied to what it is right now, people are asking when will altcoins follow. Some altcoins are having their good price movements right now and I don't know how many will follow but I will still stand with Bitcoin. If people just rode the price at $3K, they'll have 12x more of what they have at that time.
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