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Author Topic: Sold my first Bitcoin and am happy  (Read 2504 times)
MFahad
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April 30, 2021, 09:13:24 AM
 #161

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


Many people will say that you sold a bit too early but don't listen to them. If you are happy selling some of your bitcoin then its good for you. Also if it is first time you sold the bitcoin, you would have experience a much faster experience as compare to the fiat transactions.









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April 30, 2021, 09:49:12 AM
 #162

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


Many people will say that you sold a bit too early but don't listen to them. If you are happy selling some of your bitcoin then its good for you. Also if it is first time you sold the bitcoin, you would have experience a much faster experience as compare to the fiat transactions.

When I have sold my coins in past, some of my friends who are holding for a very long time has told me what a grave mistake I did, they told me instead of buying that luxury trip with so nice dinner, a good resort, I should have hold it so that I can be rich in my "60s" according to them Grin if I can't use my money when I'm in my youth then the money isn't mine, it's for the next generation as when I get old, I won't need the money for myself anyways.
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April 30, 2021, 12:15:28 PM
Last edit: April 30, 2021, 02:16:29 PM by jerlen17
 #163

How I wish that i have a bitcoin to sell right now. But unfortunately, i have nothing left. It was a big mistake and regrets ofcourse, almost 3 years ago when I sold mine. Bitcoin's value that time was crashed. The price is cheaper. And because of fear to lose it all, I decided to sell it all. And look at the bitcoin's value this year it was so impressive..As in Wow! And i have a small amount in trading and hopefull to have a profit from it.
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April 30, 2021, 03:34:47 PM
 #164

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).


I'm happy to see your story, friend. I think a success, when you can hold the bitcoins that you have stored for up to three years. surely at this time you really enjoy happiness, because you have benefited a lot. Not a few people are afraid because they are not sure, and they end up regretting it when they see the current price. I myself am not as lucky as you, because I do not have the patience like you. I congratulate you on your success, friend.

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April 30, 2021, 04:41:44 PM
 #165

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).


It sounds like you are a considerate and reasonable mind, congrats! Not all holders are that way. Even though it now feels great you probably also felt some pressure every now and then. Was holding onto it tough for you sometimes or were you confident all the time?

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April 30, 2021, 06:31:57 PM
 #166

I'm happy to see your story, friend. I think a success, when you can hold the bitcoins that you have stored for up to three years. surely at this time you really enjoy happiness, because you have benefited a lot. Not a few people are afraid because they are not sure, and they end up regretting it when they see the current price. I myself am not as lucky as you, because I do not have the patience like you. I congratulate you on your success, friend.
patience and confidence will yield satisfactory results. I can't be patient for bitcoin either. I sold mine for $ 30k- $ 40k and I think that's an already high price. But the price was able to reach double my selling price.

People who have been patient until now with large amounts of bitcoins will become billionaires. that's a very satisfying result. Holder is always a winner.
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April 30, 2021, 06:58:37 PM
 #167

If you have kept your bitcoins for more than 3 years, then in any case, your strategy has brought you benefits. The decision to distribute capital in different directions, be it gold or currencies with stocks, is absolutely correct. It makes no sense to count on any one asset if there is an opportunity to invest in several. Thus, you insure your risks and, as you rightly noted, you will not be slaves to your bitcoin. And of course it is very important to sleep well at night!

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April 30, 2021, 07:04:38 PM
 #168

It's always advisable to keep holding, but each case is one case and each investor knows his investments better than anyone else. Furthermore the most important is to be satisfied with your experience dealing with bitcoins, selling it or just holding. So if you are happy for selling some coins, that is awesome.
It's really nice to see you bought it at a cheaper price and was able to turn it into big profit. And the best part is that you still have 95% of your coins under your total control. Bitcoin is really a great invention! Smiley

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May 01, 2021, 01:13:44 PM
 #169

It's always advisable to keep holding, but each case is one case and each investor knows his investments better than anyone else. Furthermore the most important is to be satisfied with your experience dealing with bitcoins, selling it or just holding. So if you are happy for selling some coins, that is awesome.
It's really nice to see you bought it at a cheaper price and was able to turn it into big profit. And the best part is that you still have 95% of your coins under your total control. Bitcoin is really a great invention! Smiley

On what grounds do you decide to advice someone to always hold? Always hold and never take profit. Just keep Bitcoin until you die. Even if you could have a great life selling it, hold it. He is happy because he made a good profit and can now afford other things instead of the Bitcoin. He values other things higher than the potential for that portion of Bitcoin to further go up. That is a reasonable consideration and not narrow minded like hold forever.

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May 01, 2021, 01:27:01 PM
 #170

Congratulations to you and I’m pretty sure it was worth it when you withdrew 5% of your holdings. I, on the other hand have been holding my Bitcoin for 3 years now too and I might be selling some of it when my daughter graduates this May and maybe have her hold some of it for future use.
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May 04, 2021, 05:48:36 PM
 #171

Congratulations to you and I’m pretty sure it was worth it when you withdrew 5% of your holdings. I, on the other hand have been holding my Bitcoin for 3 years now too and I might be selling some of it when my daughter graduates this May and maybe have her hold some of it for future use.

We are dealing with a daddy here, that warms up any heart! I hope so much for you that Bitcoin allows you to be the generous dad you would like to be on such an occasion. If you don't have that much Bitcoin or cryptocurrency, it doesn't matter. You recognized the trend! Teach your daughter to recognize fundamental developments and she'll be doing well. Have a great graduation and if you like, tell me in PM where you are from!

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May 04, 2021, 05:54:22 PM
 #172

I haven't sold a bit since 2013, not a single satoshi. Sometimes it's hard and the temptation is high but I'm still HODLing, I do have patience that's for sure, will probably sell 10% in 1-2 years who knows Smiley

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May 04, 2021, 07:32:12 PM
 #173

Holding bitcoin for 3 years is good because not everyone can last this long, especially now that there is so much FUD news about bitcoin that some people panic so they sell their bitcoins too early.
In my opinion, it is not in vain for those of you who have been holding bitcoin, of course, now you have got a big profit.

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May 04, 2021, 09:45:14 PM
 #174

I'm glad your name for the transaction. Sometimes even the smallest thing we do on our own can make us very happy and motivate us. It's like starting work and getting something for yourself with your first salary. To manage your investment with peace of mind and to be happy with the money you get from the sale. I wish you a lot of profits. I wish you more.

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May 04, 2021, 09:49:49 PM
 #175

Holding bitcoin for 3 years is good because not everyone can last this long, especially now that there is so much FUD news about bitcoin that some people panic so they sell their bitcoins too early.
In my opinion, it is not in vain for those of you who have been holding bitcoin, of course, now you have got a big profit.
There are only two types of people who do make out investment on bitcoin neither;
-Those who sell off actively
-Those who are holding it no matter what the market condition would be.

One of the most common scenario when you do deal with bitcoin or the entire market on where you would really be having those kind of doubts but if you do have
set out your plan in stone that you wont really be selling no matter what then you should stick to it no matter what.

R


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May 04, 2021, 10:24:37 PM
 #176

3 years ago, Bitcoin price was very low. You must be very grateful to get that high profits.
Many people may also have this legit experience of getting high profits from holding the BTC. That is the power of BTC, whoever being patient and trusts BTC, will harvest the legit results.
Unfortunately, I only have a very small amount. But no problem I am also still thankful enough

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May 04, 2021, 10:38:46 PM
 #177

3 years ago, Bitcoin price was very low. You must be very grateful to get that high profits.
Many people may also have this legit experience of getting high profits from holding the BTC. That is the power of BTC, whoever being patient and trusts BTC, will harvest the legit results.
Unfortunately, I only have a very small amount. But no problem I am also still thankful enough

Three years ago if you invested in Bitcoin, some out there decided to go all in based on their instinct, they deserve to b outstandingly rich. Many were hesitant and it is still not obvious what Bitcoins worth is, but what is obvious is that it does matter by now! Smiley

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May 04, 2021, 11:31:51 PM
 #178

I was very excited to sell my first bitcoin. That is the effort that I put a lot of effort to achieve. I will try to create more bitcoins than that. Once you have determined and worked hard, success will come. Hopefully I will sell more bitcoins in the near future.

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May 05, 2021, 06:05:55 AM
 #179

I think your decision to sell bitcoin is right, you only sell 5% of your total bitcoins. You've kept it for 3 years and now you get the benefits. every day the price of bitcoin is unstable so when the price goes up we have to take profit and buy it again when the price goes down.

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May 05, 2021, 06:22:25 AM
 #180

5%, that will be some good profits from what your initial investment was back 3 years ago and that is a good thing to do. I believe it makes us have this sense of fulfillment about our investment and also gives you the drive to continue to try to accumulate more in every way possible.
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