It is clear that Greg Schoen sold his bitcoin to sort out his daily expenses because the 1700 bitcoins were worth only $510 at that time, so let's always use the money that we will not need for 4-10 years to invest in bitcoin so that we will not sell our bitcoin investment to sort out our daily expenses and end up regretting it in the future like Greg Schoen did.
Looking back, I get why that dude sold his Bitcoin when he did. At the time, cashing out at 30 cents a coin probably felt like hitting the jackpot and honestly, if he hadn't sold then chances are he would've cashed out later on anyway once prices spiked. Even if he was selling at $8 a coin, it wouldn't make any difference from the current perspective.
I mean, it's hard not to kick yourself over missed opportunities like that, especially now with Bitcoin almost at $100k. But beating yourself up doesn't change anything. The past is done. Nothing we can do about it. What matters is what we do going forward. If you wanna invest in Bitcoin, make that choice because you believe in its long-term potential or like the technology or whatever. Don't just chase quick profits. Have a plan and stick with it. Timing the market perfectly is pretty much impossible. All we can do is make the most of the opportunities in front of us currently instead of dwelling on what could've been.