Topic: Where would you sell if you had bought 10 Bitcoin at $100? - page 2. (Read 1098 times)
Nobody expected that Bitcoin will made it this far, early Bitcoin investors would’ve have sold it if it reached 5x or 10x because during its early period its future is unclear because of different issues including regulations. Now that most of us realise its potential I don’t think that people made past mistakes will repeat it again and again.
I'm not too patient or greedy, so if it were possible to buy bitcoin at $ 100, I would probably sell when it goes up to 200.
That's mostly the reaction of everybody during the early days. As for me around $500 if I'm becoming greedy but it would be hard to see that happen on those days. I wonder how many of those people who had bought during those prices managed not to sell even a single bitcoin. Because me, I've sold many times when I consider it high but looking at it today, they're cheap prices.
With so many crypto assets already and ready to be adopted, I will definitely sell around 3 BTC and store the rest. From the 3 btc I would later buy other crypto assets from the moment bear season comes. ETH or binance are good choices.
some would have sold off many early and later regretted it. only few people who bought at this price are still holding. if i bought at that price would have being a good opportunity and i would have probably kept at least one of them till forever. the truth is that people who bought higher than this price would make better profit than the early adopters.
If I bought Bitcoin at $100 then I must sell it with a profit and I can't fix it right now. Because I already knew about it. If I compare it with a fully unknown version then I maybe sell it with 2x, 3x or more profit which I am doing with altcoins too. If it remains unseen to me till then, how can I will wait for a long time. If I have any clue of getting pump then I will wait for it.
The problem isn't where to sell 10 btc, you can do it in a big exchange but the problem comes when you try to justify the $600,000 in your bank account. Of sure that amount will trigger the alerts in the bank and they will ask you to justify it. If they decide the source was illegal then they can freeze your bank account. So, there is a risk for users if they try it, they must verify all is clear with the taxes and banks before they proceed with the transaction.
For me if I had bought 100 bitcoin at $100 to be sincere it will be a bit hard to hold for such a very long time because I will be tempted to sell when I see a new all time high in prices, so what I would do is since it's 100 when there is a big pump in the market I will take out my capital, assuming I bought at $100 and it's pumped to $200 I will take out my capital of $1000 and let the remaining to flow since it's just my profit then any time there is another pump I will just take out a little portion of it to sell and used for my needs, I will never sell all of it I will just take out little profits when there is a pump.
In my opinion, those who have bitcoin even though $ 100 have been sold, especially in 2017 which he thinks is the highest price of all time and thinks he has made a big profit and whatever he wants can be owned.
And if I had 10 bitcoins and bought them when they were $ 100 and still have them now, it's like a dream because I'm here to be able to support myself and my family and definitely buy whatever I want, luxury homes, cars and luxury amenities.
And if I had 10 bitcoins and bought them when they were $ 100 and still have them now, it's like a dream because I'm here to be able to support myself and my family and definitely buy whatever I want, luxury homes, cars and luxury amenities.
Where or when?
it's actually easy to decide where to sell but it's hard to decide when because we always want more.
The only answer is not definite because we have to convince ourselves that we are already satisfied before we sell our bitcoin.
When it comes to selling, just don't sell in one exchange, or you can just spread the transaction like 1/2 btc per transaction and make sure you'll share it in a reputable exchange/s, that's the way to minimize the risk.
it's actually easy to decide where to sell but it's hard to decide when because we always want more.
The only answer is not definite because we have to convince ourselves that we are already satisfied before we sell our bitcoin.
When it comes to selling, just don't sell in one exchange, or you can just spread the transaction like 1/2 btc per transaction and make sure you'll share it in a reputable exchange/s, that's the way to minimize the risk.
I will sell 5 Bitcoin at $100,000, 1 at $300,000, 2 at $500,000 and the remaining at $1,000,000. I will reinvest part of the proceeds in some other altcoins. But, if I see a good dip in the market, I will buy bitcoin back. If bear market comes along the lines, I will fill my bags with Bitcoin and wonderful altcoins.
If people who bought ten btc at l00 dollars each and still kept it, wouldn't it make sense to continue to hold if you could still pay your life expenses?
~
From $100?That chart for me would be a bit less labeled and I could've sold a bit only two times at max a year.
I won't go all in always when I sell, because that's like me exiting already crypto.
If every coins has their own id, there would still be some left from the past that I still hodl til this day.
I will sell bitcoins according to my needs, and not all even though now it has reached 50k $ more I still hold my Bitcoin, and if bitcoin goes down maybe I will sell some more so as not to experience more regret why not sell when the price is high
If I don't need then I will never sell my Bitcoin
Very few people can do it like you, if someone buys bitcoin when it costs $ 100 they will be hard to keep when bitcoin reaches $ 1000 or $ 2000. A few% returns is already a very good one, here we are talking 10x or 20x returns.or amount even up to this moment which does really shows off some serious dedication and will power on sticking out on selling it on the right time but actually the current prices at the moment
is already a considerable point for you to make out some fortune because i would really be on fear to miss it out because crash could really happen from time to time which would really be resulting
on missing out the opportunity but well, we do have different goals and targets in life so i cant really blame out other people on having this kind of behavior.
If I don't need then I will never sell my Bitcoin
Very few people can do it like you, if someone buys bitcoin when it costs $ 100 they will be hard to keep when bitcoin reaches $ 1000 or $ 2000. A few% returns is already a very good one, here we are talking 10x or 20x returns. 
I can pretty much tell you what I'd do because my cheapest bitcoins costed around $500 each. I held in 2017, 2018, 2019... I'm holding now. I know your chart is just a fun representation but I did not need that new bike, a trip, I did not want my account to look good. I sold near every peak just to have some money for fun stuff. For instance, in 2017 I got myself a new computer and a surround system, in 2019 when we had that fakeout to 14k I sold some and later got a new car and a TV. In 2020, I bought a new computer again, some home appliances... That said I kept about 80% of coins I've accumulated in 2015 and 2016. I'd do the same if I had $100 coins.
It is so much tough to predict on a coin that this coin price will increase 500x. Every investors are selling their tokens when its price increase 2x, 3x or 4x. Somehow more than that. But when a coin price will increase 10x, 15x or more then no one hold it. Everybody wants to make profit. No one will get risk. Because Crypto currency Price up and down Everytime. So this is not possible that a man who buy Bitcoin by 100$ and hold those till now.
I know a person who owned bitcoin when the bitcoin price was really cheap. however, she decided to sell it in 2013 at $500 and $1000 per bitcoin. she bought a car with that money. her bitcoin now should worth more than that. it should be enough to buy a house with one Lambo I think. my question is, at what point "don't-be-greedy" aspect should be applied to our bitcoin journey? even Laszlo Hanyecz did a cool mistake in the past.
10 BTC at $100 each?
I will sell 3 BTC right now, and buy a villa with a private pool.
10 BTC at $100 each?
I will sell 3 BTC right now, and buy a villa with a private pool.
Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold? For the purposes of this fun simulation, let's assume that you'd bought 10 BTC at $100, a mere $1000 total investment, which is not much by any means, even teenagers with their pocket money can invest that king of money (true story, a lot of those Lambo youths are such examples).
~Snip
~Snip
I had been HODLing since 2016. It's not much but still I had seen it all in the past few years.
Bitcoin had surged in the ICO era and then had a huge bear market for 2 years.
During that time most of my HODLings were down by 70% and I had thought to sell it all when the market recovers a bit.
Here I am now still HODLing on to my coins when it has more than doubled. I think taking profits is a good thing and we should keep taking profits then and there.
But I also believe that bitcoin is here to stay and we should have at least a little portion to HODL on for a very long time.
If I don't need then I will never sell my Bitcoin, Now I'm seeing that many company are started buying and accepting Bitcoin by making announcement, and they will hold it for long term cuse their buying price is pretty high. So it's indicates a positive sign for future growing of Bitcoin's value. So now it is pointless to think about selling my Bitcoin. I decided to hold my Bitcoin before we break 100K price range, probably I'll not sell at that time if I will get situation positive.
*you just like me who sells some Bitcoin for needs...I ever thought to look for outside work and hodl Bitcoin that I have as long as possible but this pandemic made me have to postpone it. So far, sales of masks have decreased dramatically and it seems that I have to find other job options so that I can still hodl the Bitcoin that I have.
Jump to: