Topic: At what price are you going to cash out your BTC stash - page 2. (Read 3790 times)
I would probably cash out/spend my money if it hit 1000, and keep the other half in cold storage for a very long time, to see how much that increases. Currently I try not to spend my BTC, because I feel that it will be worth a lot in the future, and instead of buying that 1 GPU, in the future I could by 10 of the same GPU with the same amount of bitcoin. I get a sinking feeling when I spend my bitcoin, because it was worth twice as much a while ago.
Some @ 10k, some at 100k, and none after that. Might do some direct trades for other assets but most likely I'm good after that. Barring disaster of course.
If BTC was at $2K I think most of us would hold on to em
I will cash out enough to pay for my mortgage. For tax purposes I would spread that out over 2 years.
I'm not going to cash out until BTC reaches $10. Which we are assured will happen by the end of June.
EDIT: OMG, I never knew that typing /me actually worked LOL
* Roy Badami taps his watch and thinks, "hmm, the date display must be stuck"
EDIT: OMG, I never knew that typing /me actually worked LOL
Reasonable selling price for me will be around 2k$ after that if price stabilize on this i will sell 20-30% of my monthly income every time after that.
Think that around 2k$ is reasonable price at least for me for other can be 100K if the want.
Think that around 2k$ is reasonable price at least for me for other can be 100K if the want.
I plan on selling 10% every doubling, starting at $2500.
If you are talking about cash == fiat. Then I have no plan to do that, since holding fiat == holding the bag, why would I.
$4,000
For me 5-10k Minimum.
$50,000 minimum
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
lol, why would you sell money? You buy with money, not sell it.
Why cash out at all? If bitcoin is successful you can buy everything with bitcoin. Who needs fiat then?
Bitcoin is better money than fiat. Why exchange good money for bad?
Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).
ya.ya.yo!
Bitcoin is better money than fiat. Why exchange good money for bad?
Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).
ya.ya.yo!
That's the right answer. If it is successfull, we don't need to trade it for FIAT anymore! We can buy our things we want to buy directly with bitcoin. It is indended to be a currency, after all!
Why would I want to sell Bitcoins for fiat?
Whether BTC can rise to what value, I think I will not put my money into it.
Because this is not my whole life.
Because this is not my whole life.
Why cash out at all? If bitcoin is successful you can buy everything with bitcoin. Who needs fiat then?
Bitcoin is better money than fiat. Why exchange good money for bad?
Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).
ya.ya.yo!
Bitcoin is better money than fiat. Why exchange good money for bad?
Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).
ya.ya.yo!
Will start cashing out around 2000 and wait for correction.
Cash out completely? Probably never. But I will sell half around $2000, and buy them back when it drops back down to $1500.
I wouldn't sell my BTC, I prefer to buy some stuff using my BTC.
I won't sell ever my btc to FIAT but I'll start buying some stuff when the value will reach a stability, probably when adoption will be completed.
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