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Topic: What will you do if Bitcoin hits $1m in the future? - page 15. (Read 3526 times)

hero member
Activity: 1344
Merit: 502
If bitcoin price touch 1 million or go down to 1$ i will always check market. How market are going and if i find hild will profitable i will hold otherwise sell it to get profit.
1m is very high and i will start my business to keep secure and continue my non stop earning.
sr. member
Activity: 1050
Merit: 286
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. Smiley
First, I'll hope that I have high amount of holdings when that happens cause all I will ever do when that time comes and I have no holdings is to regret all of it. I will assess and see if there's a possibility that the value will still increase and if I think the next thing that's gonna happen is a sudden dump, I'll convert it to cash right away and put it into other potential investments. I will fulfill all of may dreams first and if I have plenty of money left after that, I will reach out to those who needs help. I will also try to build my own business so my income wouldn't stop on coming as time passes by.
copper member
Activity: 700
Merit: 120
Gamdom
It will be the greatest time for all the BTC users because everyone wants to get more or profit and wants to reach the position that never reaches before. So it will be the celebration time for all BTC users.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
Assuming that I will invest half of my assets, and we reached a new ATH which is $1m in the future then I'll probably sell it and buy many lots and make a business to maintain my profit. Tbh, $1m is very possible as we know that it increases as time goes by and we already saw its potential. There will be many millionaires when that time comes but I don't think it has a good effect on the economy. Well, don't wanna talk about the future because if we talk about it, we should talk about the effects of those we imagine.
full member
Activity: 1834
Merit: 166

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. Smiley
If btc hit that much price one most important thing is that I am not too old at that time to enjoy life to the fullest and other that I don't lose private keys to my wallets😁 so that I could also say that I am millionaire because I don't own much of them at now.But my plans are to invest some of my funds in btc at current prices so that I would not regret in the long run and instead of that enjoy my profits. If the prices reach you expected levels I would do everything like adventure trips,playing casino in LA,owning a bunglow in Miami,or everything that I have imagined in my wild dreams but who knows when dreams come true and btc is one of tge way which help you to fulfill your dreams.Hope for the best.
sr. member
Activity: 1666
Merit: 268
I firmly believe Bitcoin will hit a price of $ 1M in the future, so if it were to be true that Bitcoin hit $ 1M. What I will do is sell all the Bitcoin that I have,
and 70% of the proceeds from selling Bitcoin will be bought for other assets. Like Gold, stocks market and real estate. The remaining 30% of the proceeds
from selling Bitcoin will be stored in stable coins, waiting for the Bitcoin price to drop again to $ 50k. Then I will convert the stable coins that I have
into Bitcoin, so if Bitcoin goes back up to $ 1M, I can take profit again.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
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 $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks. Smiley
Because of this pandemic, the dollar weakens and we will witness more of its collapsing. Im starting to believe that bitcoin might be worth 1$M in the long term. I believe that the declining of usd is not because of the printing of stimulus but a more impact cause by bitcoin.

If i was an early adopter, i might not be here. I maybe partying in an island cashless.
hero member
Activity: 2268
Merit: 588
You own the pen
Well thats really 1 heck of a price prediction if I have ever seen one I must admit.  But why stop at 1m when we can fantasize about 10m Bitcoin.
It is best to only consider real price predictions when it comes to Bitcoin and not get over excited for prices that arent realistic. 
Just based on market cap alone this price will never happen.

For now, let's just think of it as 1m after that we can fantasize up to how much we want. If ever the price will be reached up that high I'm sure there are lots of people who will become millionaires as well or will become billionaires to the others who managed to hodl as much as they can. Nothing is impossible for that to happen in regards to the flow of the price in the market today, who knows in the next 10 years we will see it reach up to that high? Maybe there are some doubts in the hearts of the other big companies today that's why we don't see the price of bitcoins reach $50k this month. But after they cleared it out, I'm sure we will see another green market that most of us like to see.
legendary
Activity: 2716
Merit: 1855
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I will definitely sell my bitcoin if it hits $1 million USD. I will not greed for more even after selling BTC if it retraces 30% I will buy back BTC again otherwise will not buy again and one must do some charity to those who are in need if anyone made a huge profit and should thankful to God as well.
Are you sure?
But before the $ 1 million price is reached, will you be able to hold it until that price is reached. I think the answer is of course no. you will not be able to resist your urge to sell Bitcoin on new ATH again. $ 1 million is an unrealistic price, don't get your hopes up to hit that price. Reaching the price of $ 100k alone would be awesome if it ever did.
hero member
Activity: 1498
Merit: 547
Top Crypto Casino

I will see and wait for the coins price to drop to $100K and then start my own business. I live my poor life since the time I was born I guess the chain will finally break that I can give my kids a bright future. As to what I would do, I will buy properties to manage myself like Airbnb. And perhaps invest to staking coins where I could earn passive incomes like the ETH, ADA and EOS.
I don't understand why you'll wait for the price to drop to $100k to start a business when you should have started your business when it's on the ATH as you'll have more money to invest with and start your business. Anyway, If bitcoin reaches 1m$ and dump at a $100k then we might see it's price to be stable at that range instead of a million as a massive drop of 90% is way too high.

As for answering the OP if bitcoin reaches $1m, I would sold half of my coins then hold for the other half for further investment on bitcoin and other cryptocurrencies. The half that I will see will be put on properties and investment such as franchise and many more. With this, I will still be on crypto while having a passive income on the my investments.
legendary
Activity: 3248
Merit: 1402
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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. Smiley
If that truly happens, I think I'll have enough money to buy a flat based on my current holdings in BTC. So that's probably what I would do because paying the rent every month is a significant financial burden. If I can buy it directly with BTC, I'd be happy to do so. If I cannot, I guess I'll have to sell it for fiat over some time to actually benefit from it. I hope my country figures out how to use BTC perfectly legal by then (right now it's not illegal, and there are lots of crypto users here, but there are no regulations either, so getting suddenly big sums of cash out of nowhere would be considered suspicious and might get one in trouble).
legendary
Activity: 3122
Merit: 1032
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Well thats really 1 heck of a price prediction if I have ever seen one I must admit.  But why stop at 1m when we can fantasize about 10m Bitcoin.
It is best to only consider real price predictions when it comes to Bitcoin and not get over excited for prices that arent realistic. 
Just based on market cap alone this price will never happen.
full member
Activity: 2520
Merit: 204
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.
Well the sad thing is mostly i am seeing this word HODL from Bounty hunters that has just posting for the sake of payments and not a considerable investor.

but asking me what will i Do if ever Bitcoin Hit 1 Million dollar? since i have enough Holding , maybe i will focus myself in real world investing, not meaning i will leave crypto but i will surely take half or more of my funds to use in real life thing.
Quote
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. Smiley
Also 1 million is more than enough for me to cash out , Unless that time Bitcoin will become the World currency then plan must be change as well.
hero member
Activity: 2870
Merit: 574
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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. Smiley
I will sell my bitcoin, but not all of the amounts, because I want to hold the rest of the bitcoin and not go to sell for some years later.
Besides selling some amount, I will prepare that money to buy bitcoin at another dip because I am sure the price will go down, and it can drop too deep.
I do not want to hold my bitcoin, but I want to profit from bitcoin, and if we only hold it without selling bitcoin, how we can enjoy our profit.
I will donate some money to charity because if we can share some with others, we will get the other things that will also benefit us.
We can not just hold our money without share to other people who needed because that will make your money gone fast without you realize.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
I will definitely sell my bitcoin if it hits $1 million USD. I will not greed for more even after selling BTC if it retraces 30% I will buy back BTC again otherwise will not buy again and one must do some charity to those who are in need if anyone made a huge profit and should thankful to God as well.
member
Activity: 868
Merit: 63
Probably I cant just hold bitcoin forever, it's my investment but in the end, it's a currency, and I would probably spend it if I think that I made a big profit already from it.

Yes, we could still expect the market price to continue to pump in more years even if the market price is already 1M$ but at some point, it would not make sense to me if I will not use it at all and just invest.

Maybe my sons or my family could use it in the future, but I guess we invest money in bitcoin for the future and make a profit in that investment so that we have the funds in case we get an emergency.
It will be a good decision to sell it at that price point, in my country, $1,000,000 is a lot of money which means that if you have some considerable amount of bitcoin then you might as well take the opportunity to sell it, its not like the money will be going into something wasteful such as luxuries and desires. Waiting for your family member to use it is not the best thing because you are the one that knows the most in and outs in bitcoin which means that you are the most capable in navigating, not to mention that your offspring might not be interested in becoming part of bitcoin community.
hero member
Activity: 1694
Merit: 541
The only worry that i have right now is that i need to accumulate the coins before it touches those valuation, i have no hopes of those in the near future considering the impractical transaction charges you need to shell out if the price of bitcoin reaches those levels. You need to have some logic in terms of scaling before the price starts these unprecedented valuations.
copper member
Activity: 238
Merit: 1
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The important thing is not what amount it will reach. The important thing is the value it will gain over time. When decentralized digital currency such as Bitcoin is needed, and its value reaches incredible numbers, people will use it for its true purpose rather than holding it.
sr. member
Activity: 1820
Merit: 436
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. Smiley

Probably I cant just hold bitcoin forever, it's my investment but in the end, it's a currency, and I would probably spend it if I think that I made a big profit already from it.

Yes, we could still expect the market price to continue to pump in more years even if the market price is already 1M$ but at some point, it would not make sense to me if I will not use it at all and just invest.

Maybe my sons or my family could use it in the future, but I guess we invest money in bitcoin for the future and make a profit in that investment so that we have the funds in case we get an emergency.
sr. member
Activity: 1554
Merit: 334
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. Smiley
Honestly, I wasn't so sure if Bitcoin will hit $1millions in the future because it is too good to be true but anyway, only time can tell. Well hypothetically, let say it happen I think will still like am doing right now hold for the meantime, and if the opportunity arises I will sell then buy again when it falls, just a cycle. If it really hits a million a lot of individuals become millionaires especially those early adopters. Donating to a charity is a good thing probably I might do that when it happens 'cause I wanted to help anyone in need.
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