Don't regret to spend your Bitcoin it is your money.

[Grace333]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

[Btcdeybodi]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

What are you saying here, reduction in the price of bitcoin is not a motivation to hold longer, the reason why people hold for a long term is simply because they missed out in taking profits when the price skyrocketed or they already had a plan of holding for a long period of time which whatever happens in the short run is not their business since they are focused on long term target. Reduction in the price of bitcoin is only a motivation to those who were waiting for the DIP before they buy or those that want to accumulate more at a DIP price and increase their profit level when they prices begins to skyrocket again.

[Salahmu]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

You have a different motivation from mine because even if I they hold Bitcoin for dip no mean say na there my motivation they but I they like Bitcoin plenty when the price they impressed me because na there imagination of how person go take get plenty money for future go strong and the motivation to they invest go they come out. If the reduction they motivate you how you go come get the profit way make you invest for Bitcoin, are you telling me that at the end of the day when you won comot for the holding and see say plenty of your money done reduce because of say the price fall I believe say you no go like am so actually rises should motivate you.

[Marykeller]

So far your friend continual hodl of bitcoin no d affect his finances and he is managing well because of the side hustle or job he has, he can still go ahead and be hodling his Bitcoin as whatever price em expect to sell his Bitcoin for. One thing be sae, he is not in a hurry to sell his Bitcoin, so let him be, to decide when it is best suit for him to sell his accumulated Bitcoin at a price above $100k. Maybe em wan buy car and still get plenty change for hand. Who knows His target? He target might be far different from the target of buying a car alone without buying other things

[Jaksonhard]

One thing I always tell people is to avoid being greedy when investing in bitcoin, always withdraw your profits whenever you hit yout target instead of waiting for it to increase further. I'm not really concerned with how others spend their profits though but my only advice to those investing in bitcoin is to avoid hodling more after hitting your target because it's common knowledge that bitcoin is unstable.

There's nothing like greed here mate, investors is meant to HODL thier bitcoin for a longer period until thier investment gets matured because saying that we can sell whenever we get to our target could make most newbie Investors to start looking into short term because they might just decide to start selling thier holdings when they have not even gotten to thier accumulation status reason been that  they discover that they are in profit, even though investors would like to sell when it hits their target but first they need to ensure that they have reach their Investment goal or the status of overaccumulation before looking into selling their bitcoin.

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

[Big Dirams]

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

It always a smart idea to always have plans and strategies set out before investing so even if the market goes in our favour we can easily know our next steps and things to do not when we are in little profits we begin to panic or stay confused either to withdraw our profits or let it grow more. That not a smart idea at all, have a plan either a investor aiming for long term success or short term profits let always have plans so we can know our exit point and how to maintain our portfolio in the crypto market.
  Some investors just walk into the market without plans or analysis at all, they just buy during dips or maybe even highs and hope for little pumps and secure their profits not considering the facts that what if the market tends to switch trends what will they do or what plans do they have……of course none they will end up in regrets and maybe higher loss.  

[MainIbem]

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

That's what Bitcoin investment is all about, buy and holding for long-term. Yes it's your money but an investor should ensure that they sell at the right time and not at loss, for instance this is the wrongest time one should be thinking of selling regardless of how long you've held or whether you've met your target, this is the bear season an accumulation phase and a time to buy Bitcoin cheaper so instead of selling it's best to accumulate as much as possible before the market recovers and set new highs.

[Lembo69]

That's what Bitcoin investment is all about, buy and holding for long-term. Yes it's your money but an investor should ensure that they sell at the right time and not at loss, for instance this is the wrongest time one should be thinking of selling regardless of how long you've held or whether you've met your target, this is the bear season an accumulation phase and a time to buy Bitcoin cheaper so instead of selling it's best to accumulate as much as possible before the market recovers and set new highs.

Yes, I agree with you, you should save as much Bitcoin as possible during this season. Selling at a loss is not a wise thing to do. The more Bitcoin you save at this time, the more profit you will make in the next cycle. That is, the Bitcoin you save will bring you profit. But those who do not save Bitcoin and sell it after getting the opportunity of this market will regret it in the next cycle.

If an investor cannot take advantage of the dip, then what kind of investor is he? A disciplined investor is one who is able to use the opportunity of the dip. And makes long-term sustainable investments

[Out of mind]

I know that Bitcoin is good to hold for many years so that it's value will increase very well and you will make a lot of profit. What if you have long term plan on what to do with your Bitcoin like in the next 8 years and it happens that it fall into bear run at that time meaning that price has dip. What will you do, will you go ahead and sell or hold it till the next bull run?

_

It is good to hold Bitcoin for a long time, those who have invested in Bitcoin in the past have made a lot of profit. If someone plans to invest for a long time, then he will never be disappointed, but if he holds it for a long time with patience, then at some point when the market increases a lot, he will be able to earn good profits from there. If someone plans to invest for a long time, then he will never be disappointed by the volatility of the market and when the market falls, but he is patient. When I invest in Bitcoin for a long time, I will definitely try to buy more during bad times and wait until the bull run so that I can earn high profits.

[MainIbem]

...

Yes, I agree with you, you should save as much Bitcoin as possible during this season. Selling at a loss is not a wise thing to do. The more Bitcoin you save at this time, the more profit you will make in the next cycle. That is, the Bitcoin you save will bring you profit. But those who do not save Bitcoin and sell it after getting the opportunity of this market will regret it in the next cycle.

If an investor cannot take advantage of the dip, then what kind of investor is he? A disciplined investor is one who is able to use the opportunity of the dip. And makes long-term sustainable investments

That's what some investors don't understand you don't take profits when the market is bearish and it doesn't matter whether you've held for long, doing that means you're losing than profiting. You'll barely see most whales selling at lose, they always accumulate more during periods like this and might decide to sell some when the market recovers and they've made gains from what they've accumulated during the bearish period. Every season has their opportunities, investors just need to understand how to go about it.

[Y3shot]

When investing in bitcoin their are alwayd goals and the common goal most people normally have is to invest in bitcoin until it becomes very profitable,  then they can decide to sell Bitcoin when it gets profitable but some people are unable to get to this goal for many reasons , that is why one will always feet regretted because it was impossible to get to the target. So it is a normal thing to feel regret when are selling at a time when theh are suppose to sell.

[Achalugo BTC]

You have a different motivation from mine because even if I they hold Bitcoin for dip no mean say na there my motivation they but I they like Bitcoin plenty when the price they impressed me because na there imagination of how person go take get plenty money for future go strong and the motivation to they invest go they come out. If the reduction they motivate you how you go come get the profit way make you invest for Bitcoin, are you telling me that at the end of the day when you won comot for the holding and see say plenty of your money done reduce because of say the price fall I believe say you no go like am so actually rises should motivate you.

Well, you dey right but people supposed understand say for anything wey concern Bitcoin, people has the right to decide what to do with their own, as no body get am for them. But e dey important to know that as you get right to decide wetin you go do with am, whether it rises or it reduces, make you also dey ready to take responsibility for whatever thing that will happen, because in Bitcoin anything can happen at any moment, which is why one has to be careful and cautious at all.

[Nwadiche]

However any investor chooses to deal with there investment shouldn’t be your problem or cause for alarm, it’s his choice weather he made a lot of profit from it , and still want more,  it’s also his choice, most people are aware of Bitcoin investment early, and started on time , which has yard them good results and probably they may want to increase the investment journey, so I think it’s personal decision and should be respected.

[PremiumcryptoHub]

When investing in bitcoin their are alwayd goals and the common goal most people normally have is to invest in bitcoin until it becomes very profitable,  then they can decide to sell Bitcoin when it gets profitable but some people are unable to get to this goal for many reasons , that is why one will always feet regretted because it was impossible to get to the target. So it is a normal thing to feel regret when are selling at a time when theh are suppose to sell.

There are always some goals to invest in Bitcoin and to my knowledge it is true that most people have a common goal to profit from the investment but I have found that many of us in Africa see it as an alternative financial system That is, alternative currency. You are still right that it is normal to feel regret if you do not sell Bitcoin at the right time because if someone builds a Bitcoin portfolio with their hard earned Naira and sells it before it reaches the right price, it will be regrettable for them because they are losing money on the investment. Therefore, one should overcome all obstacles and accumulate enough Bitcoin and then sell it as per the decision and earn enough Naira as yield.

[Humblevirus]

What some set of people do not understand about Bitcoin is that it is unpredictable. Some people always think that Bitcoin price will go as they planned, but that is not true, and that is the reason why many people plan on profits from Bitcoin that they have not yet made.Like your friend now, OP, he had a plan to buy during December, believing the price of Bitcoin would continue increasing as planned.The best way to go about it when someone has a plan to do something with profit from Bitcoin is this: once they see the profit, it is better for them to take it by converting it to USDT or probably fiat currency, so that when they want to use the money, they can do so easily.The point is that we should not be greedy about the profit made from our investments. We should also stick to the plan we have for Bitcoin investment. Greediness has made a lot of people regret it now.

[Churchillvv]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

What are you saying here, reduction in the price of bitcoin is not a motivation to hold longer, the reason why people hold for a long term is simply because they missed out in taking profits when the price skyrocketed or they already had a plan of holding for a long period of time which whatever happens in the short run is not their business since they are focused on long term target. Reduction in the price of bitcoin is only a motivation to those who were waiting for the DIP before they buy or those that want to accumulate more at a DIP price and increase their profit level when they prices begins to skyrocket again.

If you are rational enough you will understand his point that it could be a motivation or in other words a reason to let the coins be (hold) till when one recovers his or her lost profit or until they make a good profit to amid the lost they incurred already, this means that, motivating factors are not only pull factors but also push factors, you can go and read about pull and push factors, they are bad things that holds you back or keeps you going, what grace is saying is that the fact it reduced at the moment could lead one to hold for the next period of time which they wouldn’t on a normal hold for. It definitely do happen, sometimes you even do that without a proper examination, like buying something and then it’s more like after the buy it became worthless of the buy but then you just forsake it because you already, have something to do with and doing without that invest isn’t a problem.

[Versatile_choice]

Well, you dey right but people supposed understand say for anything wey concern Bitcoin, people has the right to decide what to do with their own, as no body get am for them. But e dey important to know that as you get right to decide wetin you go do with am, whether it rises or it reduces, make you also dey ready to take responsibility for whatever thing that will happen, because in Bitcoin anything can happen at any moment, which is why one has to be careful and cautious at all.

Sure, no body dey argue with you on that one but the way accumulating bitcoin hard reach, the time it takes no be waiting we go just use am anyhow because if them tell you say make you start the accumulation journey over again you fit no get the determination again even if you go try force your self to do am but believe me no be that same energy you carry for that first time you go take go for the second round na waiting make we dey advise people way don build thier bitcoin portfolio go far to they careful on how they use their bitcoin even though they have every right to do whatever it is that they want to do with it.

[Alonso_]

I think I will be more concerned about my bitcoin investment and not about what others are doing, that should not be bothering me, I have been buying and investing in bitcoin for quite a long time now I have learnt to focus more on myself, I don’t have any reason to spend my bitcoins and I have never traded my bitcoin because I have a policy of holding bitcoin for the long term and most especially for the future.

Other people can be worried and get bothered about spending their bitcoins but I can’t be bothered or worried about unnecessary things because that is absolutely an unnecessary thing to even imagine or to be thinking about, focusing more on buying and holding bitcoin for the future is the most important thing.

[Nathrixxx]

How we spend our Bitcoin or on what we spend it at is none of anybody's business, we choose when and how, and also determine how we could go about it, but in addition, we consider more supportive ideas from others to know the right step to take, lastly as I also do advise others is this, ensure that when you are selling, it is in profit, so that we can always stand only benefiting side in cryptocurrency.

[Stormisover]

I think I will be more concerned about my bitcoin investment and not about what others are doing, that should not be bothering me, I have been buying and investing in bitcoin for quite a long time now I have learnt to focus more on myself, I don’t have any reason to spend my bitcoins and I have never traded my bitcoin because I have a policy of holding bitcoin for the long term and most especially for the future.

Other people can be worried and get bothered about spending their bitcoins but I can’t be bothered or worried about unnecessary things because that is absolutely an unnecessary thing to even imagine or to be thinking about, focusing more on buying and holding bitcoin for the future is the most important thing.

The thing is that it will make more sense if there can be differences between Bitcoin that will are saving for the long term and that which can as well be used in the short term if that may be the case, let there be a purpose for which you are holding or investment because spending that which you planned of holding for longer period of time in the Short can be full of regrets for those who has made this mistake, what majority of us does is to spend the part of Bitcoin already planned to be spent and at the same time investment and hold the part of which that is planned to be invested.