Topic: If you have 10 bitcoin !! - page 10. (Read 7847 times)

If i had no duties to spend then I woudn't spend, but why not holding? Haven't we taken a lesson with the recent pump from three digits to four digits? Wasn't that a good lesson that we should keep bitcoin and I would do this! I can't expect how much I would sell them but with the current flow anything below 5k wouldn't be good lol.

I guess someone has 10 bitcoin and wants an advice I would just store it somewhere safe. Most probably a hardware wallet or at least a paper wallet that is easy to made and there are tons of tutorials how to do it (i.e. here: https://www.youtube.com/watch?v=axcYecikq8I ) It's ridiculous how many people lose their money just because of not taking enough precaution to prevent hacks and stuff like that. And if you actually want to keep your bitcoins on a computer what I would definitely not advice, just be sure to at least buy a proper antivirus and scan your computer a couple of times just to be sure.

The worst thing that people actually do and the easiest way to lose those bitcoins is to keep it on an exchange or in an online wallet. As you are using bitcoins I consider that you actually want to be bank free, so what would be the point to give your bitcoins for someone to hold, that usually have shitty security or even scam people themselves. Wouldn't make any sense at all, would it? The most optimal thing would be to transfer most of the bitcoins to a cold storage and then keep some on pc if you are constantly using it, just don't keep more than you can afford to lose.

As for a financial advice I would definitely not sell it right now. The price seems to be pumped a lot right now, but it looks like it still has tons of potential to go up even higher. Right now I would wait for at least 5k which might happen this summer because of the incoming uasf and people buying it without even knowing what's actually happening and the potential risks.

Nope just going to withdraw what I need for my daily expenses,
And hold it and see how much the price could pump up.

I will keep it partly and also some I will use to make a business in the real world. This is the right decision, because I can keep my business safe. This can provide income so safe and we are not worried about losing it all. When our business does not run well then the money we save can be used as a backup of economic needs.

Its hard to say ahead of time at what price I would sell them because it really depends on how the markets move. For example I might decide to cut my losses during a big crash or i might sell during a bubble in the expectation it will soon crash. In general however I prefer to HODL for the long term, meaning probably the rest of my life.

I will not difinitely sell it nor hild for that long that bitcoin price will increase that much i will trade my bitcoin to grow them and earn more prodit while the price changes increases this is how you can grow them but when you are in need maybe sell half of it for future purposes.

Hold for the future of course.

Or cry later, like the people that sold for $200 or even lower.

Why sell something that might be a fortune in the future?

I would just keep it.

Bitcoins can potentially topple the current financial industries we have right now. It is the future, and right now bitcoins might even be still undervalued. It's potential has not be fully experienced and there are plenty of things that can be build around it.

If I have 10 bitcoin I would hold it and wait for the right time when the price of bitcoin is high then this is the time that I would sell my bitcoin in high price. Also if I have 10 bitcoin I will try to trade it in trading sites to double or triple my 10 bitcoin.

There are people simply holding 100+ bitcoins and simply still watching price movements. I guess selling bitcoins for any prices might lead to regretting like how many of us facing. Keep on holding till finding opportunities to "use", would be a highly meaningful decisions at least for me. Like many true bitcoiner, I am also not preferring to take risk with my bitcoin holding to sell and buy back.

Simply leaving my bitcoins into cold storage and waiting for prices to sum up into millions at least for all the bitcoins I will be holding or one bitcoin to value that.

Point is that you should seperate your long term holding coins, and the coins that you have for short term trading/speculation purposes. In terms of my cold storage coins, I have been accumulating these coins for years now, and I am not going to sell any of them - even not when the price happens to reach the $10,000 level. My profits come through trading, and are sufficient enough to satisfy my needs. All I do is just trading the volatility, making profits, sending the profits to my cold wallets, and repeat. I don't cash out anything for actual fiat.

i don't think to sell all 10 btc for just $2800 but i will hold it for the future because bitcoin price is not just for $2800 but more than that. maybe i will sell only small part of 10 btc, to buy something in real life. i will hold until the price is increase more than $10k and then i will sell it part by part and i will keep the rest for my children.

If I have 10 BTC, I will sold 8 of them right now, 1 = $2800 -> 8 x 2800 = $22400 which is approx. 2.3 million in my local currency.
Remaining two I'd save for the future(trade to increase) and with a couple of million, just live calmly for at least the next couple of years 

I don't really see the need to sell.  The price might go up or down, but at the moment I have held my bitcoins for long enough that it will be tax free when I sell them.  I don't see any other great investments that I need to get into now, I already have some gold and silver, but they are slow burners.  Cash earns nothing in the bank, markets are massively overbought, even oil seems a bit dodgy, though long term I think it will rise again.

So why would I be selling my Bitcoin?  So that I can buy back lower? Maybe, but it's dangerous. $28k is a deposit on a flat here, I will sell when I can pretty much buy a house with my Bitcoin. That might never happen, but that is my plan. I can imagine swapping some out for more gold when the price is right, but the Gold price doesn't seem to be going anywhere in a hurry at the moment.

I will hold it until I can easily buy coffee at Starbucks for a few satoshi

I would have waited till it hits 50k$. Because 50k$ is a highly viable and realistic expectation for bitcoin. 21M Supply x 50k$/btc = 1.050.000.000.000$ market cap for bitcoin. 50k$will probably happen before every coin gets mined so we can expect the market cap around 900billion $. Which is nearly as big as APPLE.

I can easily tell bitcoin has the potential to become (at least) as big as APPLE, so i would definitely wait.

Land not $$$.

As I have a day job to fulfill my daily requirements, I will be holding the 10 btc without any expectations. The better I hold the better will be the profiting and lot of enthusiasts have predicted that the price could grow higher and reach more than $20000 per coin.

10 btc at that value is 28000 USD, its a sizeable sum but not enough to change lives. If I wanted to risk it all I'd go for at least 280000 USD because that would change my life completely and it would be more than enough. That means a price of up to 30k USD per bitcoin. Yes I think its unrealistic for at least a decade but thats what it would take to have the life I dream of.

If you have BTCBTC 10 BTC BTCBTC you will sold it now with 2800 USD ? or hold it for the future ?

and if you hold it for the future , for how much ..... USD you will sold it ?