Long term HODL'ers... What price would you sell

BroganBloodstone

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Quote from: patt0 on January 24, 2018, 06:23:26 PM

You shouldn't really see bitcoin this way. Right now we are at $11.000 and struggling, and a lot of people say that they would sell it at $100k if it ever gets there. But from my point of view, if bitcoin does well in this crypto experiment, and gets the levels of adoption we all want, then we should see it rise to $500k or even $1M. So why would we sell it at $100k? I sold some already because I had to, but I will continue to hold my coins until I can actually use them. That's the hole point of bitcoin. To use them as a form of payment, and not to exchange them for fiat.

Depending on how much one has at the time, 100k each might be enough to achieve financial freedom on. Would be hard to pass up on that by getting greedy and hoping you would end up rich.

AleksandrKosov

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

If I keep a coin in the long run, I sell it no less than + 100% to bitcoin. The optimal profit for me is + 200..250% to bitcoin.

jojowar

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For me I would sell it when it becomes 50x of its cost. I would not sell all of them but maybe half of it only. In this case I already get the principal and much profit/gain.

qiwoman2

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It all depends on when I had my entry point for a coin, what is the road map for the coin I am holding and also if it gives dividends or revenues, how much of it do I hold for long term revenue generation and when do I sell off a portion of it? Well I am not sure to be honest as every coin and every situation is very different from the next. I will assess each coin and situation, then make up a plan of entry/exit accordingly.

MasterMoney

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You just set a big goal and forget about it, a long time later you will get a miracle Grin

SouthernDiscomfort

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I'll hodl as long as it doesn't cause a severe burn on my psyche. No seriously though, I got in early enough, caught the altcoin boom and influx of new investors. It would be silly of me at my age not to have fun with this new technology, currency, economy. I see no number that would make me feel one way or the other except 100. Which has crossed my mind a few times.

ufalo3

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

as for me I am going to hold it as long as I can. I work, and my wages are pretty good, so I can be patient to see whn BTC is 40 K at least.

patt0

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You shouldn't really see bitcoin this way. Right now we are at $11.000 and struggling, and a lot of people say that they would sell it at $100k if it ever gets there. But from my point of view, if bitcoin does well in this crypto experiment, and gets the levels of adoption we all want, then we should see it rise to $500k or even $1M. So why would we sell it at $100k? I sold some already because I had to, but I will continue to hold my coins until I can actually use them. That's the hole point of bitcoin. To use them as a form of payment, and not to exchange them for fiat.

BTCeminjas

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

Actually i'm not sold out all of mine bitcoin even though if i saw already my profit was already there, as long as i don't need a money i wont sell.
My point is i hold bitcoin for urgent purposes only in the future, i planned to hold this as long as i can not just spending in nonsense way.
The reason why you just sell your bitcoin because you a need money and that's a point here, at least it is really helpful to you or for us that we have quick support when it comes financial problem. For me i hold bitcoin for emergency purposes i do not mind what the price would be a sell point.

JesusCryptos

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The point is not the price, but what you would get contextualized in the needs of your life. If cashing out would solve ALL economic problems I may face is future, I may do it at that point. More likely, I will cash out 10% of what I have at every rise of magnitude of the price - so with Bitcoin at 10,000 I would sell 10% of assets, when it reaches 50,000 I would have to get another 10% slice or so, and so on.

jakelyson

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I am not a believer of 100K bitcoin price so I will not wait that long. I am holding a few bitcoins and I am just waiting for the price to get to 20K before I sell and buy back again when it drops. I am also holding some altcoins that have low price. I may hold them for a year or two, if it gets profitable like x40, then I would sell them. If not, then there is no problem with me holding them longer.

aardvark15

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

$100,000 per Bitcoin is my target to start selling. However, I wouldn’t sell it all. I would sell a small amount and do that every year. As each year passes, hopefully Bitcoin will continue to increase in value and my remaining balance will still increase in value while I’m cashing out.

btc2mars

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i would not sell. i would wait till the day btc is being accepted to buy properties and cars then i would use maybe 1000 satoshi to buy a house.

BroganBloodstone

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Quote from: tomahawk9 on January 24, 2018, 10:34:15 AM

I've been holding for quite some time now, and 100k or more does sound like it could be the ideal 'sell point', but I don't think I would sell all my BTC. I might sell around 40% of my btc if we ever reach that number, just so I can have some fiat for day to day stuff, and then keep the remaining 60% in my wallet, just to spend it over time as I'm pretty sure that by the time bitcoin reaches that round figure, we'll be able to use it to buy pretty much anything.

100K is a nice number. Probably worth getting out at around 95K however as it may crash after.

rockyfeller

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The quick answer here is buy low and sell high if you have targeted price then sell to get profit. always remember buy sell repeat!. yes we all know bitcoin is very volatile and there's so much drama roaming around. Pick a best altcoins in coinmarketcap and sell it if youre in profit to get more bitcoin.

Bezobraznike

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   I do not know answer on this question. I see myself as long-term holder, I remember
on what prices I bought, and I hope for the very high profit in couple years from now.
   Maybe I will not have to sell at all, maybe it will possible do many more things directly
with Bitcoins. I plan to hold for years and that is my only plan, how months and years are
passing will make new decisions.
   When I think about future I realize that many things can happen, good and bad. I wish to
feel optimistic and to be ready for future. That's why I hold and wait patiently, when future
comes I will make decisions.

crairezx20

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

For me if i bought bitcoin in cheap price should need to hold it for a longer time until the price increases 100% or more but for my own strategy i always sold my bitcoin every time the price is high only 15% of my bitcoin sold so the remaining bitcoin are save and i'' sell them if the price is going to increase again.. we don't know when the price will increase more again and there are times that the price is down so holding them for a long time would be great idea.. So there is no sell point of selling bitcoin just sell them either 10% or 25% every time the price increase 10% to 30%..
This is just my own point but you can set your own..

richardsNY

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It depends on the situation. If Bitcoin becomes the norm at whatever point in time, there is no need to sell any of my coins. If nothing changes and it's just the price going up, then I might sell 50% at most, which will be invested wisely, or used as capital to start up my own business. The other 50% will be kept to see where Bitcoin is really heading to. I want to be part of this revolution for a long long time. Only people that are totally focused on fiat will end up selling all their coins eventually, and more often than not, it will leave them a bad taste in their mouth. Seriously, sky is literally the limit -- I can't even imagine what Bitcoin's full potential is....

Oilacris

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Quote from: Hoangle1523 on January 24, 2018, 08:26:09 AM

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

Don't hope to much because you will end up on rushing up on selling out your coins so early and I'm sure those prices would takes years for it to be reached. Sometimes emergencies are the main reason why we do sell out early but we should not regret since those funds are being used on purpose or do have the worth not compared on losing those coins or money because of scams. Its just fine since there are still lots of opportunities to accumulate and hold coins again.

erep

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I was waiting for 20000$ price and sold some of my coins at that price, now am waiting for 35000$ price and hopefully we will see that price by the end of this year. The correction may take some time now to regain back to its normal rate so till then Hodling is preferred.

Topic: Long term HODL'ers... What price would you sell (Read 230 times)