Post
Topic
Board Bitcoin Discussion
Re: How do you feel selling your BTC against your plans?
by
CryptSafe
on 19/03/2023, 13:38:56 UTC
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 suden 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?
Selling our property against our wish can be very painful and I know how it felt. If you sell your Bitcoin because you have some issues so settle then it is better than not having anything to look to for your problem to be solved. There are some persons that do not even have money or investment they can rely on to settle there issues. Problems come everyday and we must be prepared to make some savings down so when we have problem, we can easily to there and get some funds to resolve the issue. Op is very lucky to have something he can rely on which is not as bad as he thinks.
You are correct mate, there are many out there that in one way or the other are facing challenges but have nothing to turn to for rescue. I first felt some chills running down my spine at the first instance I read this comment of yours. This made me remember my early beginning where I used to have nothing which if it happens to be now I could not have had anything to do than to go borrowing or give it up but with the bitcoin I had  I was able to do something with immediate effect and I was happy it was very fast and me need in getting the funds were met immediately before the pending alert I was waiting for came in. I was as well thinking if I had no savings or investment of that nature what would I have done as I do not fancy loan and money lenders. After this thought came over me, I decided to be saving as little as I can I fractions added to the one I already have as bitcoin price is very low at the good buy order. I choose to do this with every spare cash in my possession so as not to lavish it in any way and I made a decision to stick to it till I get a reasonable number of bitcoin.