This is a personal essay-style piece written by a British investor who sold their Bitcoin holdings in 2023—before the major bull run. Despite missing out on a 185% gain, they say they have no regrets. The article reflects on emotional investing, risk tolerance, and personal finance philosophy.
🔍 Core Takeaways:
- The Bitcoin FOMO Regret Trap
- The author bought ~£10,000 worth of BTC in early 2022, then sold in 2023 at a modest loss during the crypto winter.
- Today, that same investment would be worth over £28,500—but the author says “peace of mind > profits.”
- Volatility Was a Red Flag
- The article details how Bitcoin’s price swings triggered anxiety and stress.
- Even during good days, the investor “couldn’t stop checking the charts,” describing it as mentally exhausting.
- Traditional Finance Mindset
- The author compares Bitcoin to their index fund and pension investments: predictable, low-fee, and regulation-protected.
- There’s admiration for Bitcoin’s innovation but a clear line: “It’s just not for me.”
- Ethical & Environmental Concerns
- The author expresses discomfort over Bitcoin’s energy use and association with risky speculation or scams.
- Mentions media stories about crypto frauds and Ponzi schemes as part of the decision to exit.
- “Missing Out Is Okay”
- Ends with a positive message: it’s okay to not chase every opportunity.
- Says watching Bitcoin grow hurts a little—but only a little: “I slept better after selling. That’s worth more than money.”
