I sell my coins continually and I also buy more when I need more. I mean if I see the price dropping significantly, I usually sell them just to buy them back at a lower price afterwards.
I also purchase quite a few things with Bitcoin, so you can also consider that selling.
Topic: So when do you "actually" plan to cash in your bitcoin? > or <$1,000,000 - page 2. (Read 2415 times)
October 10, 2017, 08:39:29 AM
October 10, 2017, 08:21:58 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Bitcoin will never reach $1M. That is more than a dream. It is really impossible. If that would happen all bitcoin supply would worth more than all they money on the planet. Do you even think about that? Bitcoin cannot replace real money because it does not have what it takes for that to happen. I work for bitcoins and cash it out everytime I am paid. I keep only a small amount for the future but I dont expect big profits from it because I know that is not going to happenYou don `t know it. Is the course constantly increasing and the market situation will not change to who knows what next? This can not be predicted, so ultimately it is not clear what is not and what is not.
October 10, 2017, 08:11:15 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Bitcoin will never reach $1M. That is more than a dream. It is really impossible. If that would happen all bitcoin supply would worth more than all they money on the planet. Do you even think about that? Bitcoin cannot replace real money because it does not have what it takes for that to happen. I work for bitcoins and cash it out everytime I am paid. I keep only a small amount for the future but I dont expect big profits from it because I know that is not going to happen October 10, 2017, 08:11:12 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Most people want to hold there bitcoin .But many times we have faced many problem and badly to sell bitcoin for money .when bitcoin price 3800$ last week sell my 300$ bitcoin because i need huge money.If you have some bitcoin you can not sell bitcoin.Because bitcoin price pumping again.Yeah, for as long as the potential for growth exists, nobody is going to cash in all of their Bitcoins. They might take a few every now and then to cover expenses, or to splurge for themselves, but other than that everyone is just going to keep holding.
October 10, 2017, 08:04:21 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Most people want to hold there bitcoin .But many times we have faced many problem and badly to sell bitcoin for money .when bitcoin price 3800$ last week sell my 300$ bitcoin because i need huge money.If you have some bitcoin you can not sell bitcoin.Because bitcoin price pumping again.
September 27, 2017, 06:20:50 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Most people want to hold there bitcoin .But many times we have faced many problem and badly to sell bitcoin for money .when bitcoin price 3800$ last week sell my 300$ bitcoin because i need huge money.If you have some bitcoin you can not sell bitcoin.Because bitcoin price pumping again. September 27, 2017, 05:31:54 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
No one will sell BTC1 if it reach $1 Million, who have so much money to buy it? Maybe some companies, but it will worthless to spend so much money in one shot into bitcoin. People will sell small fraction of bitcoin, BTC0.0000xxxx and so on, average trading amount within $50-$100K. The question is; who can hold bitcoin more than 10-20 years? People tend to sell bitcoin whenever it reaches higher peaks and buy back in the dips.
September 27, 2017, 05:26:57 AM
One thing I've learned from crypto and BTC is that I'm much more Warren Buffett than Hugh Hefner. My lifestyle has not changed.
All my BTC is profits from mining, I have nothing owed in $$$ in anyway of my hoard or BTC or other crypto. All equip ROI'd. Thus all profit at this point in time.
So I just wait and watch price/fud/drama/etc
Thus, if BTC hits big time bucks of 10k 100k etc....meh...I'll just play with it yet...I doubt my lifestyle would change that much
Since I've mined and held since fall of 2013 at $150 usd per BTC ....I figure more of the same...the pattern seems set.
(Then again....if I need to spend crypto to be Natalie Portman's love puppet all bets are off!)
So it all goes tri-planetary moon/mars/pluto etc....meh! I'll take a few more trips...
If it all goes tulips...meh! I'll take no trips.....
Us boring types are what makes the crypto universe work...boring as hell but damn ...we HODL
All my BTC is profits from mining, I have nothing owed in $$$ in anyway of my hoard or BTC or other crypto. All equip ROI'd. Thus all profit at this point in time.
So I just wait and watch price/fud/drama/etc
Thus, if BTC hits big time bucks of 10k 100k etc....meh...I'll just play with it yet...I doubt my lifestyle would change that much
Since I've mined and held since fall of 2013 at $150 usd per BTC ....I figure more of the same...the pattern seems set.
(Then again....if I need to spend crypto to be Natalie Portman's love puppet all bets are off!)
So it all goes tri-planetary moon/mars/pluto etc....meh! I'll take a few more trips...
If it all goes tulips...meh! I'll take no trips.....
Us boring types are what makes the crypto universe work...boring as hell but damn ...we HODL
September 27, 2017, 05:24:16 AM
I hope that I won't have to "cash out" my bitcoins. I hope at some point I will be able to live off my bitcoins and be able to buy everyday goods with it.
September 27, 2017, 05:21:47 AM
Everyone holding bitcoin right now would want to achieve that amount.
But i think it is just impossible.
For me the highest price it could reach in our lifetime is just around 100k usd.
.
So if ever bitcoin will reach at 10k usd price i think it is already time to sell some of your coins.
It is already very profitable at that price.
No need to be so much greedy.
But i think it is just impossible.
For me the highest price it could reach in our lifetime is just around 100k usd.
.
So if ever bitcoin will reach at 10k usd price i think it is already time to sell some of your coins.
It is already very profitable at that price.
No need to be so much greedy.
September 27, 2017, 04:52:06 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
I have a faith that the bitcoin will still increase so I decide to sell my coins in the future. Many people like me are still holding their coin because we are believing that the bitcoin will become more valuable. September 27, 2017, 04:46:10 AM
Well, way before it would reach 1 mil I would have sold it already. Like at $25,000 or something But I am a trader, so I try to win some at all levels.
But I am a trader, so I try to win some at all levels. 
September 27, 2017, 04:41:04 AM
I will cash my bitcoin balance, if I need money for very important and sudden needs. No need to wait for the price to go up to the price of $ 10k. The important thing is our needs are met.
September 27, 2017, 04:12:13 AM
that is not a good time to cash in. if you do it now, later on you will regret it so badly but it'll be so late.
September 27, 2017, 04:11:06 AM
$1M price of bitcoin is a good fantasy, think about it do you realize what will happen if 1 bitcoin reach $5,000? they all cash out their bitcoin and then the price slowly decrease then after that as of now it is increasing again. If people in the network decided that the price is enough to them many will withdraw or cash out their bitcoin. Im not saying that bitcoin will not reach $10,000 in the near future but let be literal when think about it.
September 27, 2017, 04:07:04 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
The reason why I holding my bitcoin because I will sell it in the future. I know that it is not yet right time to sell our bitcoins because the price is still not high. I expecting that the price of the bitcoin will achieve $20,000 per each. 
September 27, 2017, 04:04:55 AM
I still plan to cash my bitcoin, if I really need the money, and if up to $ 1,000,000 wow this fantastic price, and still a dream, lol
September 27, 2017, 03:58:42 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
Why don’t you mention a reasonable amount, than call a number that hits your head? Even if bitcoin is going to hit a $1 million mark, do you think it will just happen like that and in few minutes or so? If that’s going to happen, then it’s likely to take more than a hundred years. But for sure, it won’t. Did you just copy/paste the post just before yours?
September 27, 2017, 02:34:09 AM
It will never happen, atleast in our lifetime. A reasonable amount would be 10k. I can wait for bitcoin to reach that amount before I dump a part of my bitcoin, but not all of it. It may go higher than that.
September 26, 2017, 04:26:30 AM
Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?
I think we do need to sell it because if bitcoin reach &1000000, there high possibility of people to not use cash or paper money any longer. Jump to: