Topic: At what price are you going to cash out your BTC stash (Read 3790 times)
All you get by selling is an immediate tax burden. I will rid myself of my BTC when I find something I want to buy with them, never sooner.
We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
Interesting most will sell on that price, some will hold some will panic.
All this is normal if u think that price can rise up u will hold otherwise it will be selling time that can be influence on price drop.
Someone was mentioning on another thread how all of these people who used to post years ago still hardly have any bitcoins.
That is because they said things like "I'll cash it all out when it hits $30!"
So now they sit here having cashed out when they made some money. Maybe paid off a credit card or two.
I never understand these threads...what am I supposed to cash out to?
That is because they said things like "I'll cash it all out when it hits $30!"
So now they sit here having cashed out when they made some money. Maybe paid off a credit card or two.
I never understand these threads...what am I supposed to cash out to?
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We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
I would wake up see what made it get to that price then make my decision
But since it would be a nice sudden rush I might sell because of a possible downward adjustment
Still some of that stash is committed stash stuff that's in a bet or something of the sort so wouldn't cash it all out haha.
We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
Hell no.
When it reaches 1.2K again, it will on the raise. Climbing stairs two at a time and eventually even faster. I would not sell at that price.
And when I decide to sell, it won't be all at once. If you don't believe BTC can rise again, maybe you should get out now.
We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
No, I would wait until $2500, then sell them all. And buy everything back at the bottom.
Rinse and repeat.
You think making money is that easy? At $2500 you would sell in an instant, or keep it until it drops. Kind of like gambling.
We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
No, I would wait until $2500, then sell them all. And buy everything back at the bottom.
Rinse and repeat.
Since Overstock is currently the only known major company not converting 100% of BTC sales to fiat, you should assume that anything you purchase with BTC anywhere else will result in those coins getting dumped either onto Bitstamp or sold via Coinbase's internal market (thereby preventing some random BTC buyers from having their orders make it to an exchange). In fact a lot of old BTC holders buying stuff on Expedia and Dell are probably responsible in large part for the recent BTC price downturn.
I only intend to use BTC for purchasing goods and services and not bring them to exchanges. Already we can fly around, buy Hotels, and a number of other goods we want or need.
Instead of dumping your BTC at a certain price, why not at a certain price snap book 2 vacations and buy some new computers and monitors from Dell or Overstock, tigerdirect, newegg etc. You still get what you want largely, unless you need something you cant specifically buy with Bitcoin. This way possibly the value of the coin does not go down as quickly causing more speculation.
Granted I know you can get more coins if you buy in and get out at the right price points. Rinse repeat, but for those who just want to hodl and not worry about hitting the highs and lows.
Instead of dumping your BTC at a certain price, why not at a certain price snap book 2 vacations and buy some new computers and monitors from Dell or Overstock, tigerdirect, newegg etc. You still get what you want largely, unless you need something you cant specifically buy with Bitcoin. This way possibly the value of the coin does not go down as quickly causing more speculation.
Granted I know you can get more coins if you buy in and get out at the right price points. Rinse repeat, but for those who just want to hodl and not worry about hitting the highs and lows.
We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning
I'll never sell all of them. If it crashes I'll be a bag holder waiting for it to come back. If it goes to 1 million USD per coin I will have sold most of them back at 1, 5, and 10K! 
2,000? 5,000?
Eventually some people will cash their BTC stash at some point
Eventually some people will cash their BTC stash at some point
I don't have many coins so I think I'll hold untill the value will reach millions
I am going to panic sell at $400.
Best answer in thread.
LMAO.
about 2000 will be the place where i sell 1/3 of my stash, other part only after 5000$
I will sell when bitcoin reaches... https://www.youtube.com/watch?v=l91ISfcuzDw
Well, we might even be dead tomorrow. But for me, I don't think it's going to be the price to make me cash out. Maybe personal occasions or issues.
I am going to panic sell at $400.
I think i'll never cash out ALL my Bitcoins since i believe Bitcoin is like the internet on 1980s.
But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun
I hope it hits 1,000,000$, then I will be rich, but the problem is is getting it back to fiat. Of course I will be able to spend it which is nice, but bitcoin might not be able to be used on insurance or homes or cars by the time it hits 1,000,000$, but that far in the future, anythings possible. But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun
I think i'll never cash out ALL my Bitcoins since i believe Bitcoin is like the internet on 1980s.
But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun
But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun
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