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Author Topic: Still haven't sold a bit of BTC since 2013... if I can do it you can do it too!  (Read 1201 times)
Mauser
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January 27, 2022, 06:06:30 PM
Merited by virtualdn (1)
 #41

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

Wow thats awesome, you must have really good nerves and a strong stomach Cheesy I am also a HODL investor but sold some BTC in the past. My biggest regret was selling all my coins back in 2016. I don't even remember why I didn't keep at least some coins in my wallet. Not going to make the same mistake again. Even if I need money urgently in the future, I will always keep holding some bitcoins. BTC is the main crypto coin for me and I do believe the things will be positive again. To the Moon is a good target, lets hope  bitcoins are going to recover quickly this year.
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January 27, 2022, 06:11:22 PM
Merited by virtualdn (1)
 #42

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
I agree with you. BTC price has not been such that the price of this coin has been declining for a long time.
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January 27, 2022, 06:20:49 PM
Merited by virtualdn (1)
 #43

~
Kind of wished that I didn't have the misconception on Bitcoin back in those years. I was like a little shit thinking that Bitcoin is some sort of an "illegal" currency only used by hackers and some criminals in the dark web.
If I didn't had that kind of misconception, I could have been owning more than 1 coin for obvious reasons.

I recall you a lot in this board being a strong holder, and I feel happy for you, OP.
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January 27, 2022, 07:41:17 PM
 #44

I salute your courage and patience for hodling your BTC for quite a long time since 2013 next year will mark a decade, this is indeed remarkable feat and achievement even a time when bitcoin reached several ATH you remained steadfast and resolute and hodl on, I believed that some others hodlers would also want to share their own experience and testimony, however majory of them must exchange some of their bitcoin to fiat during ATH bearing in mind that they had already earned some decent profits.

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January 27, 2022, 08:18:21 PM
 #45

I salute your courage and patience for hodling your BTC for quite a long time since 2013 next year will mark a decade, this is indeed remarkable feat and achievement even a time when bitcoin reached several ATH you remained steadfast and resolute and hodl on, I believed that some others hodlers would also want to share their own experience and testimony, however majory of them must exchange some of their bitcoin to fiat during ATH bearing in mind that they had already earned some decent profits.
I envy your commitment OP and how you show dedication to your stored bitcoins. Although i want to do it as well, but this lack of funds sometimes push me to sell my bitcoin especially when there's a new ATH achieved. But honestly, i never regret my decision because i had used it to my own advantage and i benefited the profits i have made that time. So it's still not a loss for me. Hopefully, i can hold longer the next time.

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January 27, 2022, 09:02:01 PM
 #46

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It seems to me that you either A) Don't have a big holding of Bitcoin or B) You have a privileged enough lifestyle that your Bitcoin holdings are relatively insignificant within your overall asset portfolio. You certainly passed up on the opportunity to sell at all time high, or even in the $50-60k range which held for quite some time. If Bitcoin did make up a bit portion of your wealth, which is highly unlikely considering your flippant approach, then you have wasted a lot of opportunity. Diversification is a solid strategy and what the richest people in the world do to maintain their wealth levels. Periodic rebalancing and taking sensible profits while the opportunities are their make a good invester, rather than someone bragging that they left a lot of money on the table.

R


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January 27, 2022, 10:09:43 PM
 #47

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It seems to me that you either A) Don't have a big holding of Bitcoin or B) You have a privileged enough lifestyle that your Bitcoin holdings are relatively insignificant within your overall asset portfolio. You certainly passed up on the opportunity to sell at all time high, or even in the $50-60k range which held for quite some time. If Bitcoin did make up a bit portion of your wealth, which is highly unlikely considering your flippant approach, then you have wasted a lot of opportunity. Diversification is a solid strategy and what the richest people in the world do to maintain their wealth levels. Periodic rebalancing and taking sensible profits while the opportunities are their make a good invester, rather than someone bragging that they left a lot of money on the table.
More likely, OP has a gold spoon on his table and he's lucky enough not to experience financial problems that almost all of us are struggling to survive. But on the other hand, i can sense that he's posting this just to inspire others to do as well, not really on bragging himself. One thing is certain, he can make more profits if he was able to sell them in the previous bull run and buy back again at this bearish season. That way, there is always a progress on his current income.

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January 27, 2022, 10:35:34 PM
 #48

I salute your courage and patience for hodling your BTC for quite a long time since 2013 next year will mark a decade, this is indeed remarkable feat and achievement even a time when bitcoin reached several ATH you remained steadfast and resolute and hodl on, I believed that some others hodlers would also want to share their own experience and testimony, however majory of them must exchange some of their bitcoin to fiat during ATH bearing in mind that they had already earned some decent profits.
We always have our own preferences when it comes to investments and usually, we set our goal price when to sell. So in times when bitcoin has reach an impressive value, we always yearn for profits. And that's most of us here are really practicing it. But i think OP has also its own plan maybe to use it for his retirement or to leave it as an inheritance to his children if there are any. But whatever it is, he is just doing what's best for him in the future.

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January 27, 2022, 10:37:31 PM
 #49

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It seems to me that you either A) Don't have a big holding of Bitcoin or B) You have a privileged enough lifestyle that your Bitcoin holdings are relatively insignificant within your overall asset portfolio. You certainly passed up on the opportunity to sell at all time high, or even in the $50-60k range which held for quite some time. If Bitcoin did make up a bit portion of your wealth, which is highly unlikely considering your flippant approach, then you have wasted a lot of opportunity. Diversification is a solid strategy and what the richest people in the world do to maintain their wealth levels. Periodic rebalancing and taking sensible profits while the opportunities are their make a good invester, rather than someone bragging that they left a lot of money on the table.
More likely, OP has a gold spoon on his table and he's lucky enough not to experience financial problems that almost all of us are struggling to survive. But on the other hand, i can sense that he's posting this just to inspire others to do as well, not really on bragging himself. One thing is certain, he can make more profits if he was able to sell them in the previous bull run and buy back again at this bearish season. That way, there is always a progress on his current income.
Well thats reality on which there are people who are really on that state on which it isnt really needed for them to sell since they do have other source of income on which they could really sustain theirselves without

the need on selling out their investment which is good but for those people who do mainly relies on their crypto investment then it cant really be avoided on where you would definitely actively made out these
kind of decisions.

Good for those who do have diamond hands but if you do really able to sell into those ATH's then it is a good decision if you do ask me.

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January 27, 2022, 10:46:59 PM
 #50

I salute your courage and patience for hodling your BTC for quite a long time since 2013 next year will mark a decade, this is indeed remarkable feat and achievement even a time when bitcoin reached several ATH you remained steadfast and resolute and hodl on, I believed that some others hodlers would also want to share their own experience and testimony, however majory of them must exchange some of their bitcoin to fiat during ATH bearing in mind that they had already earned some decent profits.
We always have our own preferences when it comes to investments and usually, we set our goal price when to sell. So in times when bitcoin has reach an impressive value, we always yearn for profits. And that's most of us here are really practicing it. But i think OP has also its own plan maybe to use it for his retirement or to leave it as an inheritance to his children if there are any. But whatever it is, he is just doing what's best for him in the future.

As we have our own needs and priorities, he is lucky that he doesn't need to touch his btc during these challenging times.
A lot are selling once they see the price is good for their profit because some have financial needs to address.
But I commend those who can just let their btc sit and wait for years and years.
They may have plans on their own and they are just following it. Maybe he is financially stable even without his btc holdings.
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January 27, 2022, 10:52:55 PM
 #51

That is some diamond hands display for sure.

I can only imaging that the OP HODL's "a few" bitcoin and to see it climb through
$1000, through $5000, $10,000, $25,000 and so on and not cash some out to
buy a Lambo or holiday home is quite remarkable.

Its true that not all of us can leave everything untouched, many of us have to
seell and buy back.

R


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January 27, 2022, 11:11:40 PM
 #52

Of course, it's not an easy thing to have to resist the urge to sell where other people have sold it and get big profits. But it will pay off later if the price soars because we know the price of bitcoin from year to year is increasing. Just need to wait for the time for bitcoin to rise in price according to your expectations. Of course, at that time you will get a lot of benefits, happy to hear that. I just hope that bitcoin can bounce back and recover so that we can utilize and manage it well again and make a profit.

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January 27, 2022, 11:20:21 PM
 #53

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
You are one of the real holders. Well, this may not be easy for some people. Selling Bitcoin doesn't mean that they don't really want to hold them, but maybe because of some crucial reasons, emergency, urgency, and others.
But, as long as we don't need cash urgent and emergencies, I think that we can also do what you are doing right now, holding your BTC.
1BTC in 2013 may not be worth high, but now? Well, that's an awesome amount of $. Moreover in the [revious months where BTC can exactly touch its ATH.

R


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January 28, 2022, 02:43:56 AM
 #54

Good job OP. I wouldn't be able to hold for that long without at least taking some profit.

I'm a holder since 2015, but I feel that celebrating each ATH with some spending is the way to feel even better about it. Each time BTC reaches a significant level for the first time like $10k, $20k, $30k, I turn some of my holdings into a physical object and this makes me feel good even when the price falls. That said, I  know that I will never be completely out. If we go to 100k net year I'll just sell another 10% of my portfolio and keep holding the rest. I'd like my daughter to get BTC when she's old enough to understand it.

I admire his way of thinking, in fact it reminds me of Jesse Livermore's books, that he always said that profits must be seen physically, they must be felt, because profits must be enjoyed, what he did was travel on ships and clear his head of everything that was a complicated market at that time, and I am very happy that your daughter has such an excellent inheritance, one day I will have BTC and I will leave it to my children too, I believe that in the future 1btc will be a life guarantee for an entire complete family.

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January 28, 2022, 04:36:35 AM
 #55

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Am Not sure mate if I can handle the temptation , I don't Know where do you get that so much trust in crypto ?

You are Unbelievable mate, because the desire to Make Huge profit is what we wanted here and since you bought your Bitcoin back in 2013 meaning in 2017 Bull market you already earn more than multiple times of your capital right? yet you denied selling ,, and then there is 2021 that made you more than x50 profit yet did not decide to sell?

Man you are really a Bitcoin Supporter .. SALUTE for a one of a kind HODLER .









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January 28, 2022, 06:08:44 AM
 #56

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Yeah, that's a tough thing. not everyone can maintain his principles when the bitcoin price is rising, especially when he has a lot of bitcoins. to be honest i've known bitcoin for a long time, however, since i first made bitcoins, i've been selling the bitcoins i got a lot.
Yeah, I'm very sorry for that. to be honest i also want to hold one of the popular coins right now. maybe it's good enough to hold in the long run

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January 28, 2022, 06:16:51 AM
 #57

OP, you must have balls of diamonds to resist the urge not to sell some at $60 000!

I have to admit, I bought my first bitcoins when the price was about $400+ and I have sold most of them when the price reached $1000 / $17 000 and then again at $30 000 and $60 000.

I do not regret the decision at all, because I was able to destroy my debt that was hanging over me like Cancer... and I have since used the money that I paid towards that debt ..to buy back more Crypto currencies.

Being debt free and actually having paid assets and money in the Bank are liberating to say the least....  Wink 

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davis196
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January 28, 2022, 06:19:27 AM
 #58

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

It's hard to believe that you haven't sold anything for 9 years.Can you show us a valid proof? Grin
I wish I had your emotional stability during the last few years.Unfortunately I've sold lots of BTC. Grin
I had to sell a quarter of BTC back in 2019,because I was running out of cash and I didn't have a stable income back then.I had no choice,but that was definitely a wrong decision.
Anyway,it's good to see that many Bitcoiners are confident about the future of Bitcoin.To the moon!

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January 28, 2022, 06:24:37 AM
 #59

OP, you must have balls of diamonds to resist the urge not to sell some at $60 000!

I have to admit, I bought my first bitcoins when the price was about $400+ and I have sold most of them when the price reached $1000 / $17 000 and then again at $30 000 and $60 000.

I do not regret the decision at all, because I was able to destroy my debt that was hanging over me like Cancer... and I have since used the money that I paid towards that debt ..to buy back more Crypto currencies.

Being debt free and actually having paid assets and money in the Bank are liberating to say the least....  Wink 

If you've taken the ride from $200 to $30,000 without selling, might as well see how high it will go.  A smart man once said to run your winners long and cut your losers short.  Bitcoin has been a long running winner for quite some time now.  Not selling is better than many people who have purchased Bitcoin during that period.  I can imagine though if you are sitting on a big stack and will owe a ton of money in taxes, you have to be toying with the idea of moving to Puerto Rico right?  I've never been myself, but I have to admit that spending 7 months there to save a bundle on taxes is more than just a little tempting.  I think if Bitcoin did go parabolic before summertime hits, I might find myself there.

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January 28, 2022, 07:18:59 AM
 #60

Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
I mean, how much was a Bitcoin then, Less than a $1k Shocked and still haven't sold any Sat even in all this ATh that has happened over the years, that is really some Diamond Mind. I understand that there are peoples out there that are on this level but I definitely know I can't resist taking profits from the ATHs besides, there are real-life situations to take care of too.
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