Post
Topic
Board Bitcoin Discussion
Re: Sold my first Bitcoin and am happy
by
riso2015
on 28/07/2021, 14:30:32 UTC
Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.

I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.

However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.

I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.

If Bitcoin dips a lot, I will also buy some more Bitcoin though.

Basically, I'm glad I sold some if only to stop feeling like a slave to it (and to test the Coinbase selling functionality which only took seconds for the transaction).

wow pretty good you hold bitcoin for 3 years without selling it. Your patience pays off. I'm sure you're quite satisfied with that. There is nothing wrong with the profit you will make for what investment is next. It's better that way because our goal of investing is to continue to profit and minimize losses. I think you are quite good at managing finances.