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Topic: What you do if bitcoin reach 5000 $? - page 3. (Read 5710 times)

legendary
Activity: 1512
Merit: 1000
I'll sell some. Spend some. Keep hodling the rest. Rebuy on the dips.
legendary
Activity: 1218
Merit: 1000
sell sell sell thats what you do! hahahaaha
hero member
Activity: 2926
Merit: 640
Most likely if this will happen I would sell them very fast because I think it also will go down very fast after it has this price.
Selling would let you gain huge profits for sure.
You said that you will sell all of them as you have a fear that the price will go down again, then keep remember a currency go to increase in value only when people adopt it and make it in use and when everyone leave it the value drops down, so if everyone think like you then it will definitely come down, we should have to stay with it so that the value remain at height for longer time.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I will sell all my bitcoins right away, if this happens I would be very rich but if course its a unrealistic price..
I hope this will happen in about a few years because than we can become all rich.

I also would sell my bitcoins this will only happen once with the bitcoin if you think about selling is the best thing you can do.
With selling you can become really reach if you think about the fact you bought it low for around the 300 dollar.

Yes and everyone will sell all their coins and will enjoy huge profits, and at that time we cannot get greedy hoping that price will go beyond $5k or else you will cry for entire life.
the million dollar question is, who will be the buyer at this price if all people want to sell. This once again demonstrates this forum is full of dreamers who don't have their feet on the ground. Awaking may be quite disappointing. 
hero member
Activity: 938
Merit: 1000
I will sell all my bitcoins right away, if this happens I would be very rich but if course its a unrealistic price..
I hope this will happen in about a few years because than we can become all rich.

I also would sell my bitcoins this will only happen once with the bitcoin if you think about selling is the best thing you can do.
With selling you can become really reach if you think about the fact you bought it low for around the 300 dollar.

Yes and everyone will sell all their coins and will enjoy huge profits, and at that time we cannot get greedy hoping that price will go beyond $5k or else you will cry for entire life.
sr. member
Activity: 420
Merit: 250
I will sell all my bitcoins right away, if this happens I would be very rich but if course its a unrealistic price..
I hope this will happen in about a few years because than we can become all rich.

I also would sell my bitcoins this will only happen once with the bitcoin if you think about selling is the best thing you can do.
With selling you can become really reach if you think about the fact you bought it low for around the 300 dollar.
sr. member
Activity: 476
Merit: 250
I will sell all my bitcoins right away, if this happens I would be very rich but if course its a unrealistic price..
I hope this will happen in about a few years because than we can become all rich.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
If Bitcoin goes to $5k, what would be the price of the real estate by then?
$5k would then most probably have much lower value in terms of goods you could buy, than it has today.
I somehow don't get it, how people look at Bitcoin price without considering the global picture.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I will sell all my bitcoins and convert it to my local currency, and I will invest that money in real estate, as it requires huge capital at initial stage so profits earned from bitcoin can help me there.

That is a good idea, investing in real estate because the value of land is getting more high as the time goes by, and it is good to invest in property rather than cars because cars every year depreciates unlike real estate.

Its a good idea, but like anything you get into you need a deep understanding of things.

I know the very basics, but you gotta also factor in costs vs if the investment needs more work on the property - then hoping for a sale is really not a answer.

People who been successful at flipping houses are those who networked or built a team around how to get in and out. \

-contractors cost
-lien on the property or not
-negotiation if it does have a lien holder for what price - if you can pass this with a bank
-a damn good realtor who has a huge network and their plans on selling it


We all know that it is very expensive to invest in a real estate / property. If you are concern with the cost, its up to you on how are you going to understand that circumstance.
But for me, real estate would be a really good thing to pay for and invest to. You are in a win-win situation with that kind of investment.
You can use it when ever you want, and if you are get bored of your property you got to sell it even with higher price depending on its location and some other reasons.
legendary
Activity: 1456
Merit: 1002
I will sell all my bitcoins and convert it to my local currency, and I will invest that money in real estate, as it requires huge capital at initial stage so profits earned from bitcoin can help me there.

That is a good idea, investing in real estate because the value of land is getting more high as the time goes by, and it is good to invest in property rather than cars because cars every year depreciates unlike real estate.

Its a good idea, but like anything you get into you need a deep understanding of things.

I know the very basics, but you gotta also factor in costs vs if the investment needs more work on the property - then hoping for a sale is really not a answer.

People who been successful at flipping houses are those who networked or built a team around how to get in and out. \

-contractors cost
-lien on the property or not
-negotiation if it does have a lien holder for what price - if you can pass this with a bank
-a damn good realtor who has a huge network and their plans on selling it
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I will sell all my bitcoins and convert it to my local currency, and I will invest that money in real estate, as it requires huge capital at initial stage so profits earned from bitcoin can help me there.

That is a good idea, investing in real estate because the value of land is getting more high as the time goes by, and it is good to invest in property rather than cars because cars every year depreciates unlike real estate.
legendary
Activity: 1456
Merit: 1002
Kinda hard to say what I`d do with the value, since by the time we see it, I can be gone from natural causes of death.

But assuming it hit now, or the recent future. I would probably just treat out all my family and few friends a great place to eat.

The rest would be used for speculating of buying and selling and obtain to create more cash.
legendary
Activity: 2464
Merit: 1102
I will sell all my bitcoins and convert it to my local currency, and I will invest that money in real estate, as it requires huge capital at initial stage so profits earned from bitcoin can help me there.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Then I'll have exactly 5000$.
So I'll go to Hawaii, have some hookers and then back to my room to watch my PC screen all day. Cry


That is a big amount for having a vacation in Hawaii, then after spending that amount, you will just go collect again to earn some btc again,
And go again for another country and have some hookers again. Repeatedly.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
@OP: I will probably wake up and turn on my computer to check the real price of Bitcoin (that will be still about ten or more times less than that).
Then I will realize that this was yet another unrealistic dream that won't happen any time soon.
 
sr. member
Activity: 366
Merit: 261
Then I'll have exactly 5000$.
So I'll go to Hawaii, have some hookers and then back to my room to watch my PC screen all day. Cry
hero member
Activity: 812
Merit: 1000
I will most likely cash out my bitcoins because I think with such a amount I do not need to wait anymore if you ask me.
The most over here will most likely cash out, its logical right ?

Of course, and if you don't sell at that price hoping that it will go beyond that then you are taking a big risk of playing with your profits, better to sell and make good money from it.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
I will most likely cash out my bitcoins because I think with such a amount I do not need to wait anymore if you ask me.
The most over here will most likely cash out, its logical right ?
hero member
Activity: 770
Merit: 500
i would buy even more bitcoins in my opinion because i would hope the price to go up even more than just 5 thousand dollars per bitcoin, my aim is way bigger in order to become rich one day

i would wait to such heights as 20 thousand dollars per bitcoin because bitcoin has a lot of potential to grow to such price and in my opinion the only question is when it will happen
hero member
Activity: 1092
Merit: 523
Most likely if this will happen I would sell them very fast because I think it also will go down very fast after it has this price.
Selling would let you gain huge profits for sure.
No, it will not go to down very faster if it reached to that value because when bitcoin will reach to that value it will have gained a lot of fame and a lot of people will be there to support it and will have in their wallets, so they will not dump it.
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