Every price Bitcoin has ever been people wished they had held on to their Bitcoin and sell for that price and that picked my interest on this. I can remember vividly 4 years ago my friend was able to own Bitcoin which his father sent to him from Nigeria to Ukraine that was before he came back to Nigeria due to the war. He told me he keeps 30% of the Bitcoin and sell the rest for his upkeep. He sold his $2000 Bitcoin during December 2023 at 25k/1BTC after that year. Early 2025 Bitcoin started increasing, he cried because if he held he would have sold for 50k plus that's double of his initial money. When Bitcoin rose to 100k he also lamented because he didn't have any Bitcoin till now and he wished he never sold.
This got me thinking, is there others like him who kept wishing till now or might forever wished they had never sold their Bitcoin when they had handful of it? What is the solution to let go of the regrets?
I would like a response from everyone so that i can talk to my friend about it.
Investing Bitcoin requires patience, it is important to have the power to verify the market. I have seen many find out in investment, as they try to keep up for a long time, but if the price goes down and the decision to sell is decided. If the price of Bitcoin then goes upIf I had held the so far, I would get a high price Such a feeling is created, as it can be noticed in your friend.
In the case of your friend, I would say, so you should think before making a decision, such as good plans and risk analysis. One of the biggest ways to get rid of regret is to create faith and confidence in yourself and to adapt to the normal situation in the market. (That's what happened to your friend After sale, the price of Bitcoin is 3-4 times higher.) This is called innate human feeling or Fomo This fomo is the fear of being lost in a great opportunity Your friend needed to remember that Bitcoin decided to invest in long -term investment so that no regrets about the market instabilityCan't create.
OP You can say or advise your friend to invest in Bitcoin. Do you buy Bitcoin or how much you want to make a profit If you have such reactions and set the goal once, the instability of the market has an impact on your feelings Can't. And DCA is the best way to invest in Bitcoin with which you will be safe from the rise and fall of the market.