Post
Topic
Board Bitcoin Discussion
Re: Sold my first Bitcoin and am happy
by
dificanovi
on 29/07/2021, 15:34:15 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).


good idea, maybe many people do the same thing, they will buy bitcoin and hold it for a very long time after that they sell some bitcoins to take the profit and buy gold to invest too. selling a few bitcoins doesn't matter the important thing is not to sell all the bitcoins we have because investing in bitcoins is a faster way to make a profit than investing in gold.