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Topic: What will you do if Bitcoin hits $1m in the future? - page 7. (Read 3526 times)

jr. member
Activity: 73
Merit: 2
Honestly I am thinking that BTC will hits 1 million soon.Maybe 3-5 years later.
hero member
Activity: 1344
Merit: 565
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
As for me though, I will definitely sell some part of my Bitcoin after all, that was why I invested in bitcoin to make money and this is been achieved by this remarkable price of $1m  Cool certainly taking some profits and continue to hodl some for a long period because you must have some sort of taking profits while you invest and not plane to hodl forever.
legendary
Activity: 1806
Merit: 1024
The volatile nature of crypto is an aspect that just surprise us every time it moves. One day it’s favorable then in just split seconds it’s not. I’m hoping that Bitcoin can really hit a million, and if that happens I will not miss the chance to take advantage out of it.


ya.ya.yo!
legendary
Activity: 1708
Merit: 1280
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There's no impossible with bitcoin because the market is volatile every time there are people who keep supporting this coin take advantage to get profit. I think only strong holders are the me who survive this bitcoin price rare as OP tells about I guess it took more than five years before it happens but again no one knows its better as early as possible if we might grab a chance as possible to hold so for the next coming years we have a good outcome.

I think for now the bitcoin needs to beat the 60k usd price
full member
Activity: 420
Merit: 100
I think Bitcoin will soon reach $ 1 million! This year there was a big jump and I think by the end of the year it will cost $ 500,000. Although the correction may slow down growth
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
I won't do anything since I already moved from Bitcoins to altcoin ever since Bitcoin surges since I feel that Bitcoin growth percentage would be very slow in the future, but if ever I have BTC and it hits $1m, I would definitely cash out since the target goal was reached.  It would be a hypocrite of me if I say I will still hodl.
I don't think that is a good move, bitcoin price is very volatile and it can be hit on that price and I guess altcoins price movement will follow to bitcoin price. Moving your investment from bitcoin to altcoin will I guess having regret in the future.

But you have a point if the price will hit $1m, I would also sell it and because for me that is too much and it could be folded my investments into how many times. But I don't when that $1m prices will happen and we hope that we came across with that too much high price and we can able to accumulate more.
legendary
Activity: 3052
Merit: 1273
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.

I guess there are already many millionaires from the early adopters (and maybe even billionaires if I'm not wrong).

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

TBH, I don't even hold such a significant amount of BTC, so I think it's not my cup of tea to think about it now as I sold all my BTC (can't stick with it and IRL needs). But if I held them and the coins be with me, I'd definitely donate it to the real heroes who are working 24/7 to help their patients fight this pandemic.
legendary
Activity: 2954
Merit: 1153
I won't do anything since I already moved from Bitcoins to altcoin ever since Bitcoin surges since I feel that Bitcoin growth percentage would be very slow in the future, but if ever I have BTC and it hits $1m, I would definitely cash out since the target goal was reached.  It would be a hypocrite of me if I say I will still hodl.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
What to do? Very simple - I will sell my small savings in bitcoins. To be honest, I will do it much earlier. I am quite satisfied with the price of three hundred thousand per bitcoin. I will already be very happy and happy to get rid of this coin. Some analysts predicted such a situation already this year, and I really count on it. Although my nerves are unlikely to withstand if the price rises to at least 150 thousand. Smiley
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
The question is, can you hold bitcoin until it reaches 1 million dollars, bitcoin reaching 1 million dollars is possible but it will take too much time or many years before it happens, so the best thing to do now is to start saving your money and invest it in bitcoin, we might see bitcoin at 1 million dollars and if that would happen then that is a huge profit.

Well, to be realistic, that's really a tough question to answer, in my case, I might be tempted to sell when bitcoin reaches $100,000.. problem is I don't have 1 bitcoin now, probably I just wait until the market will correct then I will start to accumulate and hold again for the next bull run.
hero member
Activity: 1302
Merit: 503
I don't mean to crush the dreams of crypto enthusiasts, but I'm not sure bitcoin reaching $1m is possible, my reason is because the crypto space is filled with thousands of altcoins and some of them have billions of dollars invested in them, bitcoin would easily reach $1m if all the money in altcoins right now are all concentrated on bitcoin alone, however fingers crossed for now, if bitcoin eventually gets to $1m we'll I won't be bother much cause I don't have much bitcoin in my wallet.
- Not intentional but the nature of the truth will disappoint us, I can understand how difficult it is to feel when you talk about a million dollars worth of money that will not happen to bitcoin, the idea of using all the resources and value of altcoins to pump into bitcoin and get bitcoin to reach a million dollars is also impossible, breaking the balance will cause collapse. Besides, the first bitcoin in investors' wallets being sold are the most popular topic recently, proving that very few people intend to participate in the one million dollar price
full member
Activity: 574
Merit: 125
The question is, can you hold bitcoin until it reaches 1 million dollars, bitcoin reaching 1 million dollars is possible but it will take too much time or many years before it happens, so the best thing to do now is to start saving your money and invest it in bitcoin, we might see bitcoin at 1 million dollars and if that would happen then that is a huge profit.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
1 Bitcoin already  hit $20,000,000…. In Zimbabwe dollars.
newbie
Activity: 19
Merit: 2
I don't mean to crush the dreams of crypto enthusiasts, but I'm not sure bitcoin reaching $1m is possible, my reason is because the crypto space is filled with thousands of altcoins and some of them have billions of dollars invested in them, bitcoin would easily reach $1m if all the money in altcoins right now are all concentrated on bitcoin alone, however fingers crossed for now, if bitcoin eventually gets to $1m we'll I won't be bother much cause I don't have much bitcoin in my wallet.

Alt will come and go. Almost all are scams or imitators, not decentralized, and with nowhere near the security and infrastructure of BTC. Various alts will come and go, pump and dump etc as BTC's slow but sure momentum continues. Think of BTC as the planet, and then various life-forms coming and going over time, growing on BTC's market cap at the core. We all love to bet on alts, but every cycle the lesson is learned again, and BTC continues to thrive and grow...
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
If ever I got a million dollars worth of Bitcoin, what I am going to do with that is I am going to cash it out and I will buy a house of my own and a car of my own. That's it. Wait for the correction and then during the dip, buy more bitcoins and other strong alts. Same story wait and then cash out again. I mean many people became so rich because of cryptocurrency, many others are hoping that it would be their time to be financially stable once that happens.
newbie
Activity: 19
Merit: 2
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 BTC hit $1M then it is obvious that the price will go higher, will hold some amount of BTC and cash out few for offline investment i.e. buying the house etc.

It that was the case it would be very foolish to "cash-out". Rather, the logical way to "buy the house" would be to retain the BTC but mortgage it as a security and then use the fiat cash received to buy the house.
jr. member
Activity: 128
Merit: 2
What will you do if Bitcoin hits 3000 dollar in the future?

duh... BUYYYYY
copper member
Activity: 700
Merit: 120
Gamdom
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
From my perception, Obviously it will be my great achievement for holding my funds for a long time and I will be the luckiest person in that moment whenever Btc hit $1M. I don't know what I will do. But most probably I will sell all of my funds for cash. Waiting for that moment with so much curiosity and excitement.
full member
Activity: 1008
Merit: 101
I don't mean to crush the dreams of crypto enthusiasts, but I'm not sure bitcoin reaching $1m is possible, my reason is because the crypto space is filled with thousands of altcoins and some of them have billions of dollars invested in them, bitcoin would easily reach $1m if all the money in altcoins right now are all concentrated on bitcoin alone, however fingers crossed for now, if bitcoin eventually gets to $1m we'll I won't be bother much cause I don't have much bitcoin in my wallet.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
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

In my opinion, it is possible if that happened, given the growing popularity of bitcoin and the news about several companies using Bitcoin as a payment method. If the price of bitcoin reaches $ 1 million in the future then I will sell some of my bitcoins to meet all the needs of the family. I will also open a food business and the payment method is using bitcoin.
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