Post
Topic
Board Speculation
Re: Did I do wrong or right ?
by
lionheart78
on 18/09/2016, 15:31:04 UTC
I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.

What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
The bitcoin market price wasn't $200 on September 12th. Did you get $200 per coin or $200 for everything?

I think what you did is right as long as you can buy back before the bitcoin market price goes up.

I think that it is clearly stated that he sold all his bitcoin worth $200 or 0.35 BTC.  And as long as you sold your coin with  purpose then it is not wasted.  i believe that the  best time to sell an item is the time where you needed the money most.  No one can say that you made a bad choice because one thing for sure, they will never lend you the money you needed in  building your PC.