Willing to lose some Sats just to get more

[Silentcursor]

Yes like i said, i have been thinking of losing some sats now if it means i can get more in the long run. I am able to buy some fractions of Bitcoin, for privacy i wont tell the amount. I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

[Obari]

Firstly You don’t need any permission to do whatever you need with your coin as long as it’s for your best interest or what so ever.
Secondly, I love the fact that you already know that, long term investment is the best when it come to bitcoin and as such, securing an alternative way of earning would be inevitable at this point so you don’t have to temper with your saving portfolio at every slightest opportunity just like with this case.
It is also advised that, you only invest what you can afford to lose because you’re solely responsible for what ever actions and its consequences as Long as cryptocurrency is concerned.

As a newbie who is trying to maintain balance for work, life and investment in cryptocurrency, I would advice that you try the DCA method where you repeatedly buy and hold regardless of the price and quantity you’re buying.

[Futurexxx]

   I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

the pragmatic approach you are trying to take now seems logical to you but it's not because once you temper with your holdings, you will be tempted more often to temper with it once you have a financial difficulties, so in my own opinion, it's a wrong idea. Your should be doing that from you monthly or weekly income not from your Bitcoin holdings.

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

You should be doing this, I mean executing this your idea with your back up fund's not your holdings, it's not even adviceable to do it with your emergency funds, because you will be putting your holdings at risk of being tempered with if any serious emergency arise during that period, so I would advice that you look for a more better job, or use your backup fund to go along with your plan if you have one in the first place.

[EluguHcman]

In that case, you are not loosing in as much you are not selling at lost.

The impact of what you are set to do there is to diversify your source of incomes which is quite advisable for every Bitcoin investors to stick to because Bitcoin as a volatile financial institute is unpredictable of when profits will come and in that note, letting your assets be without the sells on quickie or any moment you are in need will give an hedge to when you can find yourself a successful investor.

And by sticking to this discipline firmly, you would need to have one or more than that side hustling which you can rely on your emergency and immediate needs on.

So, you should change the narrative that you set to loose your coins coins on that aspect.
So, if only selling part of your coins will leverage you to the actualization, then you are making good decision on creating wealths or financial allowance in the future through which profits you have made from your Bitcoin investment portfolio.

[Dr.Bitcoin_Strange]

Just like what I wrote previously on one thread in the Bitcoin discussion board, if you are holding Bitcoin, it's for some specific target, either to sell the Bitcoin later on and use the money to establish something else that will still fetch you more income. That's not consider lose of Bitcoin but rather a way you have decided to spread your investment to other stuffs. Even if you sell off when you have not yet made enough profit, it's not bad but don't sell at lose mate. If you buy at a high price and sell at a lower price, that's when you have lost some part of your capital.

[Wiwo]

This thread is needless because your statement is not straight forward, in the first paragraph you said you are willing to buy some fraction of bitcoin, then after you jumped to say you want to do short term selling, so what advice you want us the naija cryptocurrency community to give you now that we don't even know if you own bitcoin or not and if your bitcoin holding is at profits rhat you considering taking shirt term exit profits.

Between, bitcoin investment is a personal decision and we don't need to know how much bitcoin you hold or planning to hold innthe future, but mind you when you want to seek public opinion on something as important as bitcoin investment, you should be as transparent as possible.

[Marykeller]

I no think sae, there's anything wey d bad for someone to sell their sat for something wey d important wey d wan start up as side hustle. People d do am(to sell their sat), and d find that move of theirs to be good one because they didn't sell their bitcoin at loss price, instead na at gain price, to start up some other business wey go d fit them daily returns. Upon that dem fit d use the profits made from their business to invest for Bitcoin at any time they feel like.

So, this idea of yours go well. Everyone of us don at time sell our Bitcoin for something wey d important. We later buy back Bitcoin sha at a low price, to start our hodling journey back again for the long term

[Asiska02]

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

Diversifying your investment into other sectors is encouraged and not only making your investment be just bitcoin.  Altcoin are advised not to diversify into as a means of diversifying because of how they behave in the market and no guarantee on ROI as Bitcoin does. If you’ve taking some sats and putting it into another investment (physical) which is less risk and can give you some more money to invest in bitcoin, then it should be worth investing into also. Bitcoin is a worthy investment that you won’t want to joke with when you have found how profitable it is to invest into it.

[DubemIfedigbo001]

Yes like i said, i have been thinking of losing some sats now if it means i can get more in the long run. I am able to buy some fractions of Bitcoin, for privacy i wont tell the amount. I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

Well, to me I would say you started your bitcoin investment without proper backup funding. There is always a provision for emergency funds and other variances of backup funds to ensure you do not prey on your investment.

For sure, this side hustle is not an emergency, and you have carefully thought it out. I would recommend you carve out a variance of backup funds dedicated to the side hustle and continue building it until it is sufficient enough to service your side hustle while you build your portfolio. or you reduce the amount you dedicate to enlarging your portfolio and put it to building the funds meant for the side hustle. I am not a strong supporter of tampering with your portfolio in the short-term.

If you insist on using some fractions of your portfolio, it's still okay since you can do whatever you want with your holdings, Also I would want to believe you are trying your best to make available more discretionary income to invest into bitcoin at a later time and I hope you stick to that plan without deviating.

[Gost ms]

When your investment value doubles, you can sell some of it and take a profit. But selling your entire holding would be foolish.

Some people do not sell their investments intentionally. They are forced to sell their investments due to some circumstances. For example, there are many people who have no one but they have saved a good amount of Bitcoin. But they are dying due to illness, they can sell their investment before the expiry date if they want.

[Africolo]

When your investment value doubles, you can sell some of it and take a profit. But selling your entire holding would be foolish.

Some people do not sell their investments intentionally. They are forced to sell their investments due to some circumstances. For example, there are many people who have no one but they have saved a good amount of Bitcoin. But they are dying due to illness, they can sell their investment before the expiry date if they want.

We make standing decisions that would either be helpful or risky to our initial capital. We just have to live up to expectations because slight differences of loss or profits, it all matters when we're closer to our margins. Selling your entire holding, I don't think it's necessary because there have been some driving force to make more profits for ourselves. What can we do to make sure streak winnings is our portion? We only readjust ourselves and make some pushing upgrades for netting styles. Investment are crucial and important, we learn to stay on our lane and avoid any unpredictable and uncertainty.

[Doan9269]

Yes like i said, i have been thinking of losing some sats now if it means i can get more in the long run. I am able to buy some fractions of Bitcoin, for privacy i wont tell the amount. I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

Common OP, is it not better that you say that you're interested in learning and wouldn't mind using as little amount in starting, which if the risk taken cause the loss on your first attempt, you may let go but gained something form it, there is no reason for you to just lose money like that without learning something on what caused the loss.

Also, i want to get you on track this way, don't have a mindset of loosing first before you could get it right or make profits, i understand that there is risk in starting first, but we should not also have the satisfaction of losing first before we could start earning, if you start this bad, you may continue in the same direction except you try to improve and avoid any possible losses ahead.

[Obim34]

Your investment your Bitcoin take responsibility of your actions that is the most important thing since you would prefer a quick sell from your portfolio, what matters is at the end you made profit from your investment, the community is only against buying high and selling low, if you can buy at $100K and sell when the price goes up to $150K and above then that is left for you. What more all our replies do when you go offline all the choices are left on you to decide, we aren't physically approaching you to hold for long term, what ever your reasons are just make sure you make profits, in as much it is your business know that long term is rather advisable than short term.

Don't invest when you are not ready, if you can't meet up use your income to open something physical, it takes time for a business or side hustle to grow, when the time comes profits from your side hustle  can be used to invest in Bitcoin assuring you  of a long time goal.

[Lida93]

   I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

the pragmatic approach you are trying to take now seems logical to you but it's not because once you temper with your holdings, you will be tempted more often to temper with it once you have a financial difficulties, so in my own opinion, it's a wrong idea. Your should be doing that from you monthly or weekly income not from your Bitcoin holdings.

Person way get the sat day him want sell am to venture into another line of business way him go done do background study found out say it go give am much better profits way him go fit use come back again but better amount of sat bigger than the previous quantity. And you the tell am saying  nah wrong thing. Make we the try dey factual because aside from bitcoin other means of investment dey way the pay better ROI too at the end of the investment period. But what I see here be say op the find means to take raise his capital to later come buy bigger amounts of sats.

[Futurexxx]

   I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

the pragmatic approach you are trying to take now seems logical to you but it's not because once you temper with your holdings, you will be tempted more often to temper with it once you have a financial difficulties, so in my own opinion, it's a wrong idea. Your should be doing that from you monthly or weekly income not from your Bitcoin holdings.

Person way get the sat day him want sell am to venture into another line of business way him go done do background study found out say it go give am much better profits way him go fit use come back again but better amount of sat bigger than the previous quantity. And you the tell am saying  nah wrong thing. Make we the try dey factual because aside from bitcoin other means of investment dey way the pay better ROI too at the end of the investment period. But what I see here be say op the find means to take raise his capital to later come buy bigger amounts of sats.

No lie say everyone dy entitle to do wetin Dem wish to do with the Bitcoin holdings, because las las na their money, but wetin I dy try point out here is that once you start to dy dip hand inside ur holdings, just know say no going back in that direction because any small financial challenge wey you go get, the first thing wey go dy enter your mind na how to sell ur coin and use the money solve the major issue at hand.

And true true say other business dy wey dy even lucrative pass Bitcoin out there, but how sure say you go dy successful in it?
Because to the best of my knowledge, every business or investment comes with him own wahala, but with Bitcoin, na to just by and hold, and if you have a source of income and an emergency funds in place just in case of any emergencies in the future, nothing is stopping you from not being successful in ur holdings.

[CryptoHeadlineNews]

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

If you want to sell your Bitcoin for something important, then it is totally okay, inasmuch as you will buy more later in the future. Because one thing that is very important which I always tell people I introduced into investing in Bitcoin is for you never to quit your job simply because you just invested in Bitcoin. Because literally, Bitcoin is not a get rich quick scheme, and it will take years of consistent holding to reap a profitable return of investments in a long run. Hence, it's advisable to hold tight to your current job, even while believing in the future of Bitcoin investment, because indeed, Bitcoin is an asset worth holding, which offers you full control over your funds, without the influence of third parties nor government.

[CryptopreneurBrainboss]

Yes like i said, i have been thinking of losing some sats now if it means i can get more in the long run. I am able to buy some fractions of Bitcoin, for privacy i wont tell the amount. I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

What's more important for an investor is his profit so if you selling is going to guarantee you your profits and you have plans of reinvesting it into the market then you aren't doing any wrong just that can you stay true to your words and reinvest and not be like most people would don't do what they said they'll do because lots of people who had similar plans, failed and didn't stay true to their words. When the market got greener, they were already out of the market and now full of regrets. We all have our different strategies that we use in investing, if selling and reinvesting works out for you that's great but don't be one of those would sold too early that they miss out. Just know too say if all your money are in Bitcoin, that's wrong.