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Feeling after selling your bitcoins

Shigobad2020

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It's a sad story , some people started selling their Bitcoin when bitcoin is falling but right now it's over 35,000naira Nigerian money and I feel like the world is crumbling in my head, I started blaming myself for not exercising patient.
 

M Amin

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Few days ago, Bitcoin keeps dropping per minutes and lots of investors start selling their coins but at the moment, the price of Bitcoin is raising on a fast rail.
How do you feel as investors after selling your bitcoins and later discover the price is raising beyond imagination?
I have started cryptocurrency trading just some days ago so I cannot take a risk.
I realize if you want to trade in Bitcoin you should have basic knowledge about it.
And without any knowledge prediction or signal the trade in Bitcoin is useless and there are more chances of loss.
 

Chumzy

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The feeling may vary based on the type of investor that you are because a long term investor isn't happy yet. Long term investors wait over time to eventually celebrate their victories when they have one. Also your feeling will depend on how much you bought because it was about this value a week ago.
 

Bilal0087

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Few days ago, Bitcoin keeps dropping per minutes and lots of investors start selling their coins but at the moment, the price of Bitcoin is raising on a fast rail.
How do you feel as investors after selling your bitcoins and later discover the price is raising beyond imagination?
All the investors who sale their bitcoin earlier are feeling very sad, but fortunately I'm still holding my Bitcoin in my wallet. And i hope at the middle of the year, it will further increase upto 50000$ and at that time I'll be able to earn huge profit from it.
 

Chibson

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It is a nostalgic feeling though. Anytime I want to sell my bitcoins my mind would be telling me what if after selling these the price goes up, another would be telling me what if you don't sell it and the price goes low.
 

Aniwhyte

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What I was asking in summary was how much bitcoin did you buy when you invested? But I have learnt now that you got them when it was high and it started taking the dip in price. I understand that you losing hope and it's why you sold. It's alright, as long as you are comfortable with your decision.
Yes, I'm fully comfortable with the decision I made, back then when I didn't buy bit coin only I bought about 7 alternate coins, I woke up one morning and saw that whey are all depreciating massively, then I withdraw them from their respective wallets into NGN address and from my NGN wallet into my account, few hours later I saw they were appreciating. So I sent them back to their respective wallets to regain the money I have lost, to cut the long story short they started depreciating massively again just few hours later and I lost more than half of the money I invested. I had no choice than to withdraw all my money permanently back into my account.
 

Heatman

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Yes, I'm fully comfortable with the decision I made, back then when I didn't buy bit coin only I bought about 7 alternate coins, I woke up one morning and saw that whey are all depreciating massively, then I withdraw them from their respective wallets into NGN address and from my NGN wallet into my account, few hours later I saw they were appreciating. So I sent them back to their respective wallets to regain the money I have lost, to cut the long story short they started depreciating massively again just few hours later and I lost more than half of the money I invested. I had no choice than to withdraw all my money permanently back into my account.
Alright my friend. The most important thing is that you are comfortable with your decision on pulling your investment on the cryptocurrency investment. If you were forced, then it would have been an issue but since you are cool with it, it's not anyone's problem.
 

Shivay

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Few days ago, Bitcoin keeps dropping per minutes and lots of investors start selling their coins but at the moment, the price of Bitcoin is raising on a fast rail.
How do you feel as investors after selling your bitcoins and later discover the price is raising beyond imagination?
I did also the same thing , i panicked that the price will fall more but then the other day when i woke up , the price was on 29% increase and then i didn't know ( i cannot express that moment , i was in grief or what ). It felt bad because the amount i sold was around 250$ and if i have kept it , i would have got 350$ .
 

Kinglegend01

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Yeah I know that feeling, its the feeling of regret. It is a sad feeling because you just imagine how much you could have made if you have been patient. The thing with investment especially trading is that you cannot be right all the time so whenever you place a sell order just forget about what happens next and learn to be satisfied with what you have, that is why you need to study your chart properly and know when to exit.
 

Aniwhyte

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Alright my friend. The most important thing is that you are comfortable with your decision on pulling your investment on the cryptocurrency investment. If you were forced, then it would have been an issue but since you are cool with it, it's not anyone's problem.
Yeah, absolutely. I didn't totally backed down. I'm just waiting for the bitcoin and other alternate coins to become stable and they I would gladly re invest again without blinking an eye.
 

Heatman

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Yeah, absolutely. I didn't totally backed down. I'm just waiting for the bitcoin and other alternate coins to become stable and they I would gladly re invest again without blinking an eye.
Alright mate, I can promise you that in no distant time that all these cryptocurrencies will begin to appreciate once again but on the coins being stable, it's almost impossible for it to be stable. It will keep going up and down.
 

Aniwhyte

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Alright mate, I can promise you that in no distant time that all these cryptocurrencies will begin to appreciate once again but on the coins being stable, it's almost impossible for it to be stable. It will keep going up and down.
Absolutely it would just keep on going up and down, this is exactly why it would be difficult for cryptocurrency to become a main currency just like the US dollars, if bitcoin was stable by now it would have become a main currency.
 

hani20980

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Im only selling my trading profits never sold my BTC balance however if you are an investor. You should be patient and don't be panic and buy fast just wait till the price drop again.
 

Veetos12

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The feeling of joy for the last one I sold in November when the price rose beyond my expectations and dropped few hours later that day. I was more than happy to have sold mine when a friend told me he sold his and the price rose again after he did.
 

Heatman

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Absolutely it would just keep on going up and down, this is exactly why it would be difficult for cryptocurrency to become a main currency just like the US dollars, if bitcoin was stable by now it would have become a main currency.
From my experience, there is no way cryptocurrency will ever be stable because if it ever becomes stable, there is no way investor will make money from investing in the cryptocurrency. US dollars will always be a hard currency and it almost equivalent to any cryptocurrency. I know some people who deal on selling US dollars and other currencies.
 

ahmedo24

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I don't feel any bad after selling off any of my coin because I believe that is the best decision and what I am destined for. Personally I see those feeling bad as greedy people because if the price had fallen below their selling price they will see themselves lucky.
 

Aniwhyte

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From my experience, there is no way cryptocurrency will ever be stable because if it ever becomes stable, there is no way investor will make money from investing in the cryptocurrency. US dollars will always be a hard currency and it almost equivalent to any cryptocurrency. I know some people who deal on selling US dollars and other currencies.
You're absolutely right, what you just stated is a fact that cannot be erased, there is definitely no way cryptocurrency would ever be stable. But no matter what I believe cryptocurrency is here to stay despite the government efforts trying to frustrate it, I believe it's actually one of the best thing that happened in this century.
 

Davis

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Few days ago, Bitcoin keeps dropping per minutes and lots of investors start selling their coins but at the moment, the price of Bitcoin is raising on a fast rail.
How do you feel as investors after selling your bitcoins and later discover the price is raising beyond imagination?
I'll feel bad...that won't discourage tho. I'll try and get back in
 

GIFTMICHAEL

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The feeling will definitely be touching, selling your Bitcoin below expectation.
The sole reason for investment is to accumulate more profit as possible.
People who sold out their coins when it was low will definitely regret it now the price has surged high.
 

Heatman

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You're absolutely right, what you just stated is a fact that cannot be erased, there is definitely no way cryptocurrency would ever be stable. But no matter what I believe cryptocurrency is here to stay despite the government efforts trying to frustrate it, I believe it's actually one of the best thing that happened in this century.
Exactly, I can vividly remember why my own country's government started an agenda to fight against the use of cryptocurrencies but in the end, they failed and people are still using the coins as well as investing massively. There is no way they can stop bitcoin when US and UK are making use of it.
 
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