A thought came over me while spending my BTC. Although I was wondering if members have had that experience and too how others would feel about it hence this topic. Now here was what happened. I had an emergency which requires an urgent attention and it involves funds. I had no option than to get the funds immediately as the payment I was expecting has no yet been credited to my account I had no option at that moment than to fall back to my bitcoin and what touched me most was that the market was red and It was obvious I had to sell to sort out the urgency at hand. While doing that, there was this feelings I had then as a result of the red market as at the time I was doing the transaction . I was just having that thought over me then and wishing the market could just boom immediately so I could only release just a small fraction of my BTC to sort out things then and another was that I could just receive my much awaited alert so I could stop the BTC transaction immediately. You know that feelings that comes when you want to do something you really do not have plans doing immediately maybe you have plans for it in the future and all of a sudden an emergency comes up which would force you to do the needful. I had that feelings and it was real and really devastating at that very moment.
If you have had such experience, how was it like?
I feel total absurd and very sad and it gets me annoyed and nevertheless I have to sell down my own money against my plans and that sucks a lot and that's why we can't do anything against the market. So main thing is that we have to be a little more cautious and in this way we will be able to save.
There are different condition or circumstances that can make us to sell our Bitcoin and because of that we should not see it a regret because it might affect us in a long way emotionally if we don't handle it with care. Bitcoin is an investment which is why many persons had been holding it and waiting for when it will add more value before the sell there holdings.
There are big opportunity in the cryptocurrency market so we need to be prepared and observe the market well so we can be a benefactor too. I have sold some of my Bitcoin before against my wish and I could remember how I felt.