Topic: Those hodling >10btc since last ath (Read 4636 times)
somewhere in the $10k - $100k range
My whole idea is to get rid of fiat as fast as possible. Put it into hard goods and some into investments. So, no point in cashing out BTC for fiat. I want to get rid of failing fiat not get more of it right now. Helps to have no debt at all 
This is the way to go.
I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:
Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.
My guess is these are more fun before the age of 90.
And he'll need the other 80% to keep it afloat and live the lifestyle that goes with it. I plan to hire one for the couple of weeks a year I'll want it for.
At what price point do you hope to cash out at least 50% of your btc?
At $20 per satoshi.
Reasonable price.
I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
If you keep telling yourself that long enough then one time it might become true. Hopium is one hell of a drug.
Not half as bad as not taking your Justincaseium medicine
At what price point do you hope to cash out at least 50% of your btc?
It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.
When do you expect that happen? isnt that insanely unrealistic?
If its 1.4 per coin, indeed there will be no point hedging against BTC. Would rather be rich in BTC than in some fiat.
I don't *expect* it, sorry if my post was misleading! just a hypothetical scenario
However, OTH. If you take all 21m BTC at $1.4m each and divide it by *all* the people thats $4200 each.
Ah, but not everyone will have BTC you say! OK lets discard ~6bn people. The remaining ~1bn now have ~$30k each.
Insanely unrealistic?... Curious things numbers!
I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
If you keep telling yourself that long enough then one time it might become true. Hopium is one hell of a drug.
I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.
I am not giving any coins away for less than $10,000. If the ship sinks, then so be it.
I currently only have about 40 bitcoins.... I need at least 6 figures (purchasing power in terms of dollar in today's value), so I don't plan to sell until it's at least $2K/btc or above. And if I go down the drain before that, then so be it.
I'll probably sell 10 @ $2K... and see how quickly we go up if there happens to be another sharp rally. I don't think the volatility will disappear anytime soon so despite being in the longest bear market in bitcoin history, I still think there is a good chance for another rally/bubble when the time is right.
I'll probably sell 10 @ $2K... and see how quickly we go up if there happens to be another sharp rally. I don't think the volatility will disappear anytime soon so despite being in the longest bear market in bitcoin history, I still think there is a good chance for another rally/bubble when the time is right.
I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:
Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.
My guess is these are more fun before the age of 90.
You are people who have been fleeced by superior people, who will inheret the Earth.
I don't have much money and if what I have in btc will one day come useful at a price I consider right, I'll sell. But my target is not anywhere near where we are now by the way. I think that if we reach again the ATH I'd probably sell just 10% of my holdings.
I have been selling my tax free limit every year (around £11,000 profit). However I may stop this and wait until the price is around £500 ($772) and sell up 1/6 of my holding and put the money into my properties renovations business. When the price reaches £2000-£2500 ($3080-$3840) I may use 70% of my remaining Bitcoins to build my own house, and investment property. I am keeping a sizable portion as a very hopeful pension.
I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:
Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.
At what price point do you hope to cash out at least 50% of your btc?
never. i love losing money. but anyways. if you bought in at the ath and you want to cash out 50% you should have done so months ago when the price was half of the ath.
I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:
^^ IGNORE THOSE BITCHEZ. WE GOT THE COINZ THEY DON'T.
Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.
The long term mind is the mind of a smart alpha.
no before 1k-5k for sure, but i'm aiming at 10k, anyway i will keep a portion, because i want to spend them directly, using them like a new currency, not just converting everything to fiat
Jump to: