I bought for 1,000$ Bitcoin back in August 8, 2017 and I made day trading, bi-weekly, weekly trades. I have sold when price was high and buy back when price was low. In total I have made nearly 20 trades. With every trade I made between 0$ - 50$ - 250$ profit. As for now, my balance is nearly ~50% more than was initial.
If I just hold my bitcoins all these days and sell it right now, I would have: 4,872 $ (3,782$ profit). That's just crazy! And I'm questioning myself: why didn't I hodl my bitcoins? Because of fear. If I just look back, it's easy to say, but within these months there was multiple events that could affect (it affected but not that much) the price of the bitcoin:
- exchanges hack (people cash out)
- big investors/bankers saying that bitcoin it's a bubble/ponzi scheme (people cash out)
- high tx fees/forks (abandon BTC and moving to BCH)
- China banning bitcoin (people cash out)
- contracts/futures (currently) (big traders opening short positions)
In every month there is something. The fear of losing money. How do you deal with this? Are you hodling your coins? Do you invest every month? Do you day trade?
Regret no more because nothing would change and remember your not the only one who have same experience. In fact, I personally had been working for bitcoins over the past 6months and upon checking my btc wallet in blockchain.info I already earn 0.98btc in total but only managed to convert them all in total of 3000$ which should be around 15000$ if I managed to save them all and sell today at current price but I have no courage enough to risk.