The reason why you sold of your bitcoin in other to get a phone is because weren't doing the right thing. It seems you may have accumulated those bitcoin with money that isn't your discretionionary funds that is while when the need for a phone arises, you were left with no other options but to fall back to your bitcoin investment. It is good to always invest in bitcoin using discretionionary income and also to set up a backup funds as we go on with our bitcoin accumulation to avoid being pushed into selling it before the anticipated timeline because of making the mistake of using money that was meant for our expenses into buying bitcoin. It may also be that you were too over aggressive in such away that you were unable to set up a backup funds.

Surely there are some expenses that are worthwhile, infact they are very important to the continuity of your accumulation... Like in your case it was getting a new phone since it enables you stay connected to the Internet so as to continue your Bitcoin purchasement... And so the purchasement itself isn't a problem since you need it for you accumulation, however the problematic part is the decision of you selling your holding so you could fund the purchasement of that new phone...

Truth be told, Bitcoin is a very volatile asset and so there are always chances that you could have sold your holding below the average prices that you bought it, and that could very well mean that you took a huge loss probably without even you realizing it... This is why it becomes crucial that folks as well prioritize the creation of backup/ or emergency funds,.. There shouldn't always be a trade-off so that your long-term holding don't get disrupted for whatever reasons... Andd so while you are building your Bitcoin portfolio, you are as well building your backup/or emergency funds...

But it's still not an excuse for people without a backup funds not to invest in Bitcoin, because just as @Powejumboo clearly stated that he sold his Bitcoin to buy his phone, simply because he was in deep need of it, it still doesn't stop the fact that if he has the opportunity to buy more after having more funds, he won't. Because inasmuch as you sell your Bitcoin and still have the intention of buying it back when you have enough money, its definitely not a bad idea. Because we all know the importance of having basic items for work like phone and laptop, and if you are in a position to get new one for your work, you should definitely get it, because Bitcoin has come to stay and it's going nowhere. So as long as you have the mindset of investing long term, it's perfectly okay.

It's definitely not an excuse, if s person wants to invest in bitcoin and their backup funds aren't there yet they can still invest in bitcoin, it's a good thing for people to get their priorities right, your investment should come first before you start considering setting up your emergency fund and even your reserve fund but inost cases it's better to do them side by side, while accumulating bitcoin you can also save up your emergency fund as well, do them side by side for a while until you have enough for your emergency fund and then also your reserve fund then you can concentrate more on your investment, become even more aggressive since some other things that were cutting down on their discretionary has been taken care of.

He is a trader and a gambler and he could also sell in lost because that's what happens to most of them, his intentions was already for a short time purpose. Most people who sold their Bitcoin years back will be regretting now that's how those who are selling off now that are supposed to be accumulating Bitcoin will regret in a long run. Bitcoin investment is a long time investment and investors should only use there discretionary income to accumulate, the DCA strategy will reduce the pressure of trying to buy all time but you can accumulate when ever your discretionary income is available be it weekly or monthly and hodl for long.

It seems that your plan was not right and you did not take the necessary steps to maintain the holding for the long term. If you sell Bitcoin for your urgent need, then it cannot be called a long-term investment. Actually, if you are in profit, then selling the investment is not a wrong decision, but if you hold it for a long time, you can make more profit, so you should keep the investment for a long time. And were you in profit when you sold Bitcoin? Anyway, many people have mentioned emergency funds above, so you should pay attention to your emergency fund so that you do not have to face such a situation again in the future. And you should try to invest in DCA strategy with your discretionary income.

It’s true that real life needs come first and should be prioritized when the need be, but I’ll still say that you fell short in the aspect of preparation and that’s why you had to sell from your stash to purchase that phone. I believe with better planning, you wouldn’t have needed to sell your bitcoin in the first place at all unless you have reached your accumulation target already.
Now To prevent something like this from happening again in the future ,it would be wise to separate emergency funds/essential funds from investment funds and also try to avoid over-allocating funds into bitcoin without keeping enough liquid cash. that way you can be able to handle unexpected expenses without disrupting your long term investment position.

I believe having a phone is part of basic needs because if you are a business person or let's just say someone who's working you need it for your business, even though you are not doing any job yet you still need it because we now live in the the digital era whereby technology is needed. So what I'm trying to say here is that all bills much be settled before investment which means if you don't have enough spare money to buy Bitcoin after all bills has been sorted out then it's fine that way, but if in the future you have sorted out your necessary bills and other important expenses and you still have some leftovers money (discretionary income) then you can continue accumulating more Bitcoin. Most importantly, before investment one should have an emergency funds so that if any emergency situation occurs they can use from their to sort them out, let's just use the phone you talked about as an example. If while accumulating Bitcoin your smart phone got lost or stolen, you can take some money from your emergency funds to buy a new smart phone because you need it.

If in the future you also want to sell your Bitcoin after making some profits, you don't need to sell all of them just a little figure will be okay, starting to accumulate Bitcoin all over again won't be easy but if you had some Bitcoin remaining you can easily continue accumulating from there. Even in the future Bitcoin will continue to rise, now let's just imagine you sold all your Bitcoin and suddenly Bitcoin skyrocket to a more higher price, there's no way that you won't regret. You might feel emotional and start regretting (which you had know you would have hold more longer or kept some Bitcoin). From my own perspectives I believe those who sold all their Bitcoin are already missing more better opportunities right now.

As an investor, you need to have a plan and a strategy, you don't just get into Bitcoin without have basic knowledge or let's just say common sense which probably includes a strategy, with all this I'm very much sure that thing will be a lot more easier as you get started.

This is why preparation and good planning are very vital in bitcoin investment. Where there is no planning, your bitcoin investment will always be an option when emergency demands arise. Because of cases like this, it is very important to have an emergency fund and to also set discretionary income. At least this will help one to invest and also have money for other demands.

When there is no plan, you channel all your income incorrectly, and it becomes a serious problem when financial demands arise. It is impossible to overlook them because they are necessities, even if bitcoin investment is important too.

Sold your Bitcoin?

What happened to your backup savings? You should think about having one of those before going into Bitcoin investment. At least don't invest all your money in the market so you don't sell at losses.

Just today the market has already moved a lot and such moves being missed is a lot of profits in the market and you already sold off meaning you missed out on it. But you should try your best to get a back up plan.

Although if you are in a situation of life and death, it's best to do the needful. As long as you are alive then you can always invest again.