Topic: Complete the sentence... "I would sell all my Bitcoins if..." - page 10. (Read 95053 times)

I would sell all my Bitcoins if… who I’m kidding I’m not selling a single satoshi.

I could say something like "I would sell when price hits [insert 5-6 digits here]".
But in my opinion, once the price is that high, BTC is already mainstream. So... how can you sell your money for money?

I would sell all my Bitcoins if....wait...what???   So, I would not sell all unless I am in the deathbed and need funding for my funeral arrangements.  However, there is a catch to where my funding will be spent after that.  A portion will be spent to create a wild goose chase in finding my Bitcoins like a treasure map.  You have to spend something to make something i guess, so why not make a treasure adventure with digital nomads, (got the term from a blogger who is blogging full time and lived in an RV the past three years).  I guess you don't see that many travelers taking voyages to find the treasure chest, but why not?  It would be good exercise to get a piece of the pie.  Anyway, while I might have already been dead when this event is taken place, I would invest in a few scribes to record the events to make digital novels for the pleasure in others wanting to set off this similar activity.  Anyway, it something I had in mind after death with finances instead of making an inheritance, why not with Bitcoin as well and let them work compete with other to get it.  It is less to invest on a big treasure chest full of treasure when I could just set up a qrcode with an X marking the spot.

When I get 999.9999978BTC and the prize hits $9000 to one

People selling at 2,000 and jumping the gun at 1990 1900 1800 even are why the price here was being put down for a while.   Right now its regaining in very little time.  Selling because the dollar price hits a round number is clown town logic    You have to largely ignore that the majority of bitcoins are traded in China in their own currency and the number of course is not 2000 but its nonsense anyway.    

Ironic as it seems, if anything you should commit to buy below 2000 as it keeps faltering and recirculating under 2000 precisely because you understand the sellers are only obsessing over random numbers.  What happens when we get past 2000, its going to rush past and up as all those round number sellers are 'defeated' in their fear of a top.   The reasons why we get even near to 2000 is far more important and with larger inertia then the very weak fragile and illogical reasons to be selling 2,000.    

Say you could buy a house for 20k less.  The downside is the number is 13 on the street but every house built was identical.   Its that scenario, you buy here because the reasons for the lower price are not correct.    Doesnt mean we know for sure the houses on this street are a bargain but in any scenario you are receiving a discount to buy into poor reasoning as it will be overcome and prove incorrect.

   The alternative is 13 is unlucky for sure and the house burns down from a bad number or with bitcoin, we fail at 2,000 because thats the largest i can count to.   Its silly right, you profit when you overcome inefficiency and its how capitalism prospers and benefits society in general

There would be a new more sophisticated crypto currency, which according to forecasts could be replaced by bitcoin.

I would sell all my Bitcoins if i had any 

the price is going back to $1000 in...1 month from now and if not
i will hold again my bitcoin

another crypto currency is going to replace it as the defacto ... (which as things stand does not seem that likely).

I would sell all my Bitcoins if and only if Bitcoin price hits up $10,000 !

I would sell all my Bitcoins if
I really need some cash

I can sell bitcoin only if I very urgently need money or its price drops below 1000 and there will be a huge probability of collapse.

If you sell them all at $100k then where you going to put it?   Just spend it?  Keep it in fiat?

Hmmmm.
I'd sell about a third of mine if they hit $10k.
The rest at $100k
:-) Why not?

That is dumb.

Let's say you have 10 bitcoins that you bought at $1,000 each (a $10k investment), but at this point, you feel a bit unsure about whether the bitcoin price is going to go up or going to go down, but if the price goes down to $1,200, you are going to sell all 10 in order to get $2,000 profits, and to recoup your principle and to feel smart... but if the price goes up, you are going to feel a bit uncomfortable having had sold at the bottom of a dip. 

If you are so worried about the downside risk, it is better to sell while the price is going up rather when the price is going down. 

Even now is not ideal because the price is going down, but in the hypothetical that I describe, at the current price you could sell  6BTC and get back most of your principle, and still have some bitcoins - but instead, you have some kind of strange idea about protecting your investment by selling if the price goes below a certain threshold.

If it declines below $1200

I would sell all my bitcoins if I needed the money. We do not sit as Scrooge in the money bags. How we earn money and bitcoins in order to live and not to hoard.

ii need to eat...

If I need it, because I have not used it for trading

I would sell all my Bitcoins if it reaches my target price which is 35,000 usd per bitcoin lol. I would buy the dips and sell the peaks. thats what im doing right now. happy investing guys and good luck for all of us.