Sold my first Bitcoin and am happy

[Maidak]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

wow   Congratulation man!
Hodler are the real gainer. For those who have little knowledge of day trading and have a lot of money to invest in long term then it is profitable to buy and hold Bitcoin. Short trading may be done as a part-time job but it is less profitable and riskier, so I always prefer long-time investment.

[iamsheikhadil]

It's such a relief, isn't it?! Remember, Bitcoin was created for human beings, not the other way around, so never ever feel being a slave of any strategy or habit you make or any particular approach towards something you think is for your own betterment. Some people are so rigid that they don't sell their coins even when there's emergency, which leads me to believe that why are they even planning of accumulating wealth if they never going to use it when they need it the most?! Crazy world!

[finaleshot2016]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

Congratulations! The main thing to remember is that by hodling your bitcoins for almost three years, you've made a profit. Some people can only hodl for months, so if you've been hodling for three years, it means you've bought BTC, particularly when it was $5,000. Then it means that you've profited a lot of money and if 5% of your bitcoin satisfies you then I guess it's pretty huge.

I recall my first time selling bitcoin; it was extremely rewarding, and I used the money to purchase a high-end pc to continue my cryptocurrency hobby.

Don't feel bad just because you've sold and didn't HODL at all cost because you've gained from 3years of waiting.  

[Kamarah]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

Congratulation! There are bitcoin for sale at this time too well. You are so persistent when keeping Bitcoin 3 years! In 3 years okay Bitcoin increases the erratic decrease that you don't worry and dumping. Now you must collect a big amount compared to the money you spent three years ago. I will learn how to be patient and wait like you. When Bitcoin slipped, I hurriedly sold everything I had so now Bitcoin rose to regret it. It is a lesson for me.

[jesselui]

I'm glad for you, frankly. Hope you earn more coins in the future. I hope the number of people who are rich in cryptocurrencies will increase in the future. I hope one day I'll be rich too.

[Vatimins]

     Good for you man. Enjoy the fruits than just watch them and let them rot later. Hodling is great but not to the extent of letting yourself be a slave to the idea and not even letting yourself enjoy the outcomes of your great decisions. Anyone who says otherwise are just bitter and got in late so do not believe them. Do whatever you want with the fruits of your labor and oamoer yourself along with your loved ones because if not, for what are all of your efforts? Good luck in your future endeavors.

[online73]

Congratulations - at least having sold 5% of your Bitcoins, after holding them for 3 years, you made a good profit and felt the fortune you earned thanks to Bitcoin, I am also against the "HODL AT ALL COSTS" rule. We are real people and should make full use of our successful investments, well, at least 5%.

[pixie85]

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

You should always do it if you can. Getting back original investment makes you less worried and more confident. I also did that early on, when I had 3x profit and felt great. I still hold the rest of my coins.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

You shouldn't hold at all cost, nobody is saying that. If you need money, sell. Like nobody is going to tell a sick person to hold because bitcoin is sacred and die from lack of proper healthcare.

[ecnalubma]

Congrats! Not all holders had patience like you did. Hodling really paid off, riskier but its the most rewarding strategy. It’s never too late for new people in crypto space to hold, 3 years from now they might share same story of success just having patient.

[Rabi3]

if you sold some of your profit and you thought it's the right decision and you were happy with it at the time, don't blame yourself afterwards if bitcoin got higher, i think it's a messed up mindset that people have, you got what you wanted, it's done, what comes afterwards is not related to you, you don't have that 5% of bitcoin you sold no more, so you should not feel bad if the price gone up, and use your money wisely.

[protocon]

The fact is that you actually earned money by investing! It doesn't matter how much you earned if you are satisfied with it.
Some people hope that the price will go up and hold onto things and at the end, they end up loosing their money so you should be proud of yourself!
Congratz~!!

[KaliLinux]

That was a good move there after a long time hodling that investment and I believe it is the right thing to do anyways. We should always consider taking some profits after some time just for the satisfaction of our investment. I wish I was able to hold my bitcoin from back in 2017 but there was much to do back then with funds.

[Henrobakkara]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

True that, I too believe we should take some profits after a long while and especially with such investment like Bitcoin and considering from the time of investment, 3 years is a good length of years to have held on to that investment. I believe this would have been some substantial profits and it was well deserved.

[iTradeChips]

if you sold some of your profit and you thought it's the right decision and you were happy with it at the time, don't blame yourself afterwards if bitcoin got higher, i think it's a messed up mindset that people have, you got what you wanted, it's done, what comes afterwards is not related to you, you don't have that 5% of bitcoin you sold no more, so you should not feel bad if the price gone up, and use your money wisely.

Chill man, he already said that he is happy and has no regrets. For the OP I did not see anything that mentions anything about him regretting his decisions in selling that Bitcoin. He sold it and he is satisfied. No one can predict the future so we can never tell when Bitcoin will reach full potential. For the OP also, just don't feel any regret, like the guy above said, don't feel regret in case BTC went to the top. I think you sold at a good time and that is very fine. Good for you.

[elisabetheva]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

-*-

It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years.

actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable.
although it is a big risk if you do wrong and are impatient like you.
of course the right thing if bitcoin goes down to buy it and save to wait for the increase again.

You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good.
of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that.

[Golftech]

Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

-*-

It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years.

actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable.
although it is a big risk if you do wrong and are impatient like you.
of course the right thing if bitcoin goes down to buy it and save to wait for the increase again.

You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good.
of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that.

The point still remain that OP is happy with his decision, it's take a long ride of holding and not to lose hope

that time will come and his investment will recover, that long 3 years of skipping your eyes from looking with

your negative assets. That's really amazing and even it's just 5% of profits, the fact still the same, profits is profits.

Beside we don't know the amount of his actual investment.

[capcaypro]

good for you. this is one of the satisfaction in itself that comes from ourselves. sometimes not listening to other people is important because a lot of suggestions are popping up now that bitcoin has started experiencing a correction over the past few weeks.
try to appreciate your wealth more from now on because I think 95% of the assets you have today are fantastic things in the future.
stay calm and take advantage of the current momentum because bitcoin might shoot at any time.

[Alucard1]

I see that you are into long-time holder base on the amount you just sold anyway congrats cause you deserve it you are one of the reasons why we still holding at the current price. Because there are lots of people like you who wanted to support bitcoins by holding as long as you can.

Yeah, holding for a long term is always be the best choice, it will help the bitcoin community and it will help yourself as well to earn more money compared to investing for a long term in a way that when you have earned already a small amount of interest you just sell tour bitcoin, that isn't advisable, you can do it if you need money but if you can still hold it until you can then just keep holding, your patience will be worth it for a long term.

[Obito]

That was a good move there after a long time hodling that investment and I believe it is the right thing to do anyways. We should always consider taking some profits after some time just for the satisfaction of our investment. I wish I was able to hold my bitcoin from back in 2017 but there was much to do back then with funds.

Definitely but OP could've got a little higher on the percentage of bitcoin that OP has sold but that's just my opinion. If OP still has the spare money to spend some bitcoin, I think that OP might want to buy some and increase the bitcoin that s/he is hodling because now that the prices are wavering to low points, it might be a big bounce.

[ILuckyGuyI]

I think you did the right thing. Because even HODLers don't hold their coins forever in the end. At some point, you will want to sell some of your profits or maybe even all of them. And it's a totally normal thing. Otherwise, there would be no meaning in HODLing.