What will you do if Bitcoin hits $1m in the future? - page 11.

electronicash

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Quote from: Westinhome on April 19, 2021, 10:27:18 PM

It has been more long years before that happen to reach $1m or price, But if the price of bitcoin reach on that price maybe for now I will buy more bitcoin and holding for that coming big price. But the question is when and no one knows if when that happen and the only thing we can do is to read some news from bitcoin and predicting on when will be. As of now bitcoin will in $63k of price so it has been long way to go before that come up to $1m.

i would even be selling my coins before it could even touch $100K. yes it would take a long time really before we could get there.

i'd like to buy a piece of land to farm. i have started think of going to a semi colder place worth planting veges where it could easily grow and i have been to this place actually. i love the culture and people there drink brandy and rhum early in the afternoon because it's a colder place. i like the habit, its a plan.

Ebede

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Quote from: Abiky on January 01, 2021, 02:17:17 PM

Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

If bitcoin hits $1m I will sell of all my btc and start afresh as a personal challenge, to build it back to what it was before I sold them all,it will definitely take time to attain such height

Kayum10029

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Quote from: A62662 on January 01, 2021, 03:31:26 PM

It will never hit $1m in the future. That is what you would expect an 8 yo kid to ask.

How do you believe Bitcoin will not touch one million dollars in the future? In the cryptocurrency market, it is not possible to anticipate anything in advance. At some point in the market, a big change can be made to stay in the highest place and then a big landslide can happen. So I don't want to say anything in advance about Bitcoin.

Westinhome

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It has been more long years before that happen to reach $1m or price, But if the price of bitcoin reach on that price maybe for now I will buy more bitcoin and holding for that coming big price. But the question is when and no one knows if when that happen and the only thing we can do is to read some news from bitcoin and predicting on when will be. As of now bitcoin will in $63k of price so it has been long way to go before that come up to $1m.

Blitzboy

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Quote from: Twentyonepaylots on April 19, 2021, 07:01:18 PM

If USD continuously depreciated in value, Bitcoin will reach the $1m mark in about 5-10 years. And when that happens, the people who invested on bitcoin back in the 2010s will be richer than the richest people alive on Earth here at 2021. So they may buy themselves a lambo, cook themselves some lobster tail, or buy themselves a yacht. But I think what I'll do about the huge money, had I been in their shoes, will be to give back to some people through charity, or probably giveaways.

How noble you are. Not many people have the same thoughts like you. They only want to accumulate as much money as they can and their desire to be rich is strong. Thus, they do not think about other people. IN fact, 1/3 people in our world still live under standard. it would be better if people invest their money in a charity blockchain solving social issue

Twentyonepaylots

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If USD continuously depreciated in value, Bitcoin will reach the $1m mark in about 5-10 years. And when that happens, the people who invested on bitcoin back in the 2010s will be richer than the richest people alive on Earth here at 2021. So they may buy themselves a lambo, cook themselves some lobster tail, or buy themselves a yacht. But I think what I'll do about the huge money, had I been in their shoes, will be to give back to some people through charity, or probably giveaways.

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Quote from: Kamarah on April 18, 2021, 12:34:02 PM

Quote from: A62662 on January 01, 2021, 03:31:26 PM

It will never hit $1m in the future. That is what you would expect a
n 8 yo kid to ask.

I think differently. No one knows the future. Bitcoin too! Does it reach 1 million dollars hook? This depends on the market and investors. But I still have faith that in the future Bitcoin will become one of the high-value currencies in the electronic money market. So I decided to invest Bitcoin right now.

I think so too, yeah, it's gonna happen sooner than we think.

We're on the verge of experiencing some serious gains from holding Bitcoin. You must admit the possibility is there… Bitcoin is just one of many ways to create an alternative and even more important kind of money in the future. Perhaps the era of the fiat money system will be over.
But no one can predict what the price will be in the future. It could easily be that this prediction is way off.

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Quote from: Abiky on January 01, 2021, 02:17:17 PM

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

Yes, I'll definitely sell all of my BTC when it hits 1M$ and allocate a portion of my money to start a business and use the rest of my fortune to reward myself. There's no need to be greedy and hope that it will go further since we're talking about a Million dollar value though 6 digit mark is more than enough for me HAHAHA. Ideally, that would be my plan but holding for a long time to reach that point is not really possible for me.

Shasha80

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It depends on how long Bitcoin reaches the price of $ 1M, if over 5 years I seem to have sold my Bitcoin. Because I am one of those people
who cannot hold for too long, but before 5 years Bitcoin managed to reach the price of $ 1M. Of course I can live a better life, because surely
my economy will increase dramatically. The first thing I am grateful for this by giving some of the profit I make to charity. I will use the rest
to buy some properties and also open a small business.

capcaypro

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the price of $ 1 million is already in sight and we as traders are certainly very happy with this achievement because it is very potential to continue.
as for what i will do if bitcoin penetrates to that price of course i will keep it when i need to add more because i am sure it will continue to increase and the future prospects are very bright
I have no intention whatsoever to sell it because it is like a treasure to me

ilovealtcoins

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$ 1 million is too large and is also a psychological barrier to everyone. I will have a sell order at $ 999k before Bitcoin hits the $ 1 million mark. Take profit is part of the business of investing, and it's never wrong.

Kamarah

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Quote from: A62662 on January 01, 2021, 03:31:26 PM

It will never hit $1m in the future. That is what you would expect a
n 8 yo kid to ask.

I think differently. No one knows the future. Bitcoin too! Does it reach 1 million dollars hook? This depends on the market and investors. But I still have faith that in the future Bitcoin will become one of the high-value currencies in the electronic money market. So I decided to invest Bitcoin right now.

k@suy

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Quote from: virtualdn on April 17, 2021, 04:19:05 PM

If this will happen I will probably sell some and keep the rest. One thing is for sure, I will never sell all my BTC because I plan to leave some to my kids also. FIAT is garbage and it's not worthy keeping more FIAT than your needs.

Of course Iwould do the same thing to keep my bitcoin too but currently I am struggling to have my own kind of bitcoin so I am wishing that if ever bitcoin will going to hit a market value of $1000000 I hope it shouldn't be today or next month and I think not the end of this year because even the bitcoin price today was high enough and I couldn't afford it for now so much likely I would miss the sky rocket.

geegaw

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Quote from: Mr.007 on April 17, 2021, 04:49:38 PM

if it manages to break through to such a price I save it for my family's savings, and I sell a little to charity to needy people

But you probably won't get a chance to complete those activities as the value of bitcoin won't be able to reach that historic milestone, present value has also been a crazy idea because bitcoin's greatest features still don't show too much potential in one area of life, most of us just trying to hype then create a crowd effect to enhance the virtual value. Instead of putting out such target milestones, the better idea would be to monetize through bitcoin during each of the stages it is overstating, stabilizing a future life with fiat will minimize risks

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I have very little bitcoin at the moment. I have sold most of what Bitcoin was after the price of Bitcoin reached $62k, I want to buy it again if the market is dumping. Bitcoin may hit $1 million a day, but I think it will take a long time. I will not sell the whole bitcoin even when the bitcoin is $1 million, I must leave a part in the hope of making more profit in the future.

Mr.007

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Quote from: virtualdn on April 17, 2021, 04:19:05 PM

If this will happen I will probably sell some and keep the rest. One thing is for sure, I will never sell all my BTC because I plan to leave some to my kids also. FIAT is garbage and it's not worthy keeping more FIAT then your needs.

maybe I can follow your advice too, or my child in the future I will teach you how to process bitcoin so that it will be my successor someday, lol

Mr.007

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if it manages to break through to such a price I save it for my family's savings, and I sell a little to charity to needy people

virtualdn

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If this will happen I will probably sell some and keep the rest. One thing is for sure, I will never sell all my BTC because I plan to leave some to my kids also. FIAT is garbage and it's not worthy keeping more FIAT than your needs.

francois-cooper

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bitcoin at 1 mil dollars, i stop working and go fishing instead.

online73

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Hello everybody. Personally, I am a weak-willed person - I will not tolerate such high prices for bitcoin - I will sell much earlier. But purely hypothetically, if I wake up tomorrow and bitcoin is worth one million dollars, I will definitely sell half, and some of this half, 20 percent, I will definitely donate to charity. God or providence, call it what you want, will give you the opportunity to experience the incredible value of an asset started from scratch - you should definitely thank your luck with a donation to charity. The rest of the half I will never shoot and never sell from sites in which this part is under interest.

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