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?
Maybe because you weren't prepared and investing everything in bitcoin. We all know that bitcoin is a risky investment and we shouldn't invest all of our money in it because the market is volatile and we could easily lose those funds. So invest only a small amount and then always have emergency funds or a liquid fund that you could cashout for cash. I understand your situation and it happened to me as well in the end, I regret it because I could have earned a bigger profit on the last bull run. The decision will still depend on you if you think that it is more important than bitcoin then you should just sell your bitcoin and pay what you need to pay. But if you can do ways or have an alternative to pay for it you should just do it.