Post
Topic
Board Bitcoin Discussion
Re: I Sold 2BTC at $3,000 and BTC Bumped to $10,000
by
princerepon
on 24/08/2019, 16:40:04 UTC
I got the 2BTC from a business deal around January this year. I knew that Bitcoin was going to bump anytime soon but still went ahead to sell at $3,000+ each. Why did I sell at such a ridiculously low rate when I could have gotten x3 of the value if I waited for few more months?

I was away in Dubai for work while my family were staying back home in my country. They were 100% dependent on me for food and sustenance. Allowing the BTC to sit in my wallet while my family suffers was not an option. So, I decided to sell and solve my immediate problems, to feed and cater for them. Did I make the wrong or right decision?


First of all you didn't take a wrong step. You don't know bitcoin price rise up or not. Just think you need money for your family and you decide to hold it couple of weeks for more profit. But unfortunately price dump at 1k. Wasn't it too bad than your current situation. So whatever you did it was right decision.



Have you ever sold your BTC at low rate and it later bumped and you were regretting...?


Trust me you are not alone man. Me and many people gone through like this situation. Just remember time will come again and you'll never regret for this situation.