My Bitcoin mistake In 2020-2021

[stadus]

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

[peter0425]

Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

yhup you're right bitcoin is the most safe investment in the space and always can guarantee good return after all. So hodling such assets is worth it wherein just don't be greedy and make technical analysis very often to don't miss some of the opportunity because that's the most important thing as well especially news as it the common reason that can drive the market up and down. Be smart enough also when it comes holding to prevent regrets.

If he really believe that Bitcoin is the safest investment of all then he did not sold all his coins before , but since he decided to sell and feel bitter now then he does not believe those days that bitcoin is that safer at all.
but it is good that he woke up and find the reality now and surely he will keep holding as his experience tell him best .
and also there is no sense in selling if you are not in badly need in funds , HOLDING is the best strategy of all if we are talking about bitcoin as this has been proven for long years now that Bitcoin will still climb no matter what happen in the later years.

[BIN-BIN]

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.

[Ebede]

One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.

Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.

When you exactly to the price you buy your coin that means you are in very big mess of disadvantages and is better that you store the coin and allow Bitcoin to rise again and you make profit than selling because bitcoin is not going up as expected , while some people lose their coin and money in bitcoin investment is because of understanding and patience

[RILWAN]

Recent events in Kazakhstan made my actions a mistake. Although, who knows what the situation will be like in a few months.

Well, the next couple of months will change a lot of things in the Bitcoin market, well the government unrest in Kazakhstan will get settled but fear it doesn't turn into some form of war that could destroy the country economy and infrastructures judging from the ops message I think we should do more holding than selling.

[Ultegra134]

Certainly not the first, nor the last mistake you'll do. Most of us have done it, myself included, multiple times too. However, you've tripled your investment, which isn't too bad. Holding forever, isn't a panacea though, we can't keep doing that, eventually we'll have to cash out at least some BTC. While I get your point, I find it pretty pointless.

I've converted to Fiat quite a few times, do I regret it? On the one hand, I'd prefer if I hadn't, but ultimately, I don't actually regret not knowing, 2-3 years ago. On top of that, I'm not going to win anything back, it won't change.

[BuNga_cute]

Certainly not the first, nor the last mistake you'll do. Most of us have done it, myself included, multiple times too. However, you've tripled your investment, which isn't too bad. Holding forever, isn't a panacea though, we can't keep doing that, eventually we'll have to cash out at least some BTC. While I get your point, I find it pretty pointless.

I've converted to Fiat quite a few times, do I regret it? On the one hand, I'd prefer if I hadn't, but ultimately, I don't actually regret not knowing, 2-3 years ago. On top of that, I'm not going to win anything back, it won't change.

We really have to be grateful no matter how much profit we make, because not everyone is lucky to be able to make a profit from Bitcoin. After all,
there's no point in regretting something that has already happened, because time will go on, it's better if we think about the future. Everyone
makes mistakes, and it can happen to anyone. The most important thing is that we can fix every mistake we make, that's the thing that will make
our lives better. I also sometimes get angry with myself, because it's too fast to sell the Bitcoin I have, because if I hold it longer, I can make
a bigger profit. But ever since I've seen a lot of people invest in Bitcoin and lose, I feel ashamed of myself for not being grateful that at least
I can still make a profit from Bitcoin.