Post
Topic
Board Bitcoin Discussion
Re: It is ok to sell your Bitcoin.
by
Lanatsa
on 20/02/2023, 22:52:45 UTC
~snip~
People really make selling your hodlings seem like a punishment and there were times I felt bad whenever I had to sell my coin even when I'm in some form of profit and this was because I felt I wasn't doing the right thing not until I held my ground and realized it was my possessions and the decisions to sell or hodl are mine and not someone else's to make.
It really should be stated  out  the type of hodlings and I think first one you mentioned which is buying some coin and coming back after some few years is the best but can mostly be achieved with greater possessions so as not to get liquidated no matter how bad the market might go against the hodler.

Yeah, absolutely.

The thing is that Bitcoin is just money. Of course it's great to have a mentality of saving more than what you spend, that's part of what makes Bitcoin great.

But the thing is that if you need to buy something, then of course you should be able to sell Bitcoin for that. That's the whole point of money, to acquire goods and services.
Whats the point on why we are trying out to earn money? For us to have something to spend,right? Therefore, it isnt really that bad to spend your Bitcoin if you are really that in need or having no other fiat option.

It is really just that there are people who are really that dead serious on holding coins no matter what.Its not bad to have that fixed mindset or goal towards your holdings.

It is really just not that all have the extra fiat money to solve out their financial issues or something that do talks on wanting to buy something.This is why it would really be
that situational if we do speak about other peoples conditions and preference on buying up on things.