Pages:
Author

Topic: Where would you sell if you had bought 10 Bitcoin at $100? - page 4. (Read 1050 times)

ukw
sr. member
Activity: 616
Merit: 250
If I had bought 10 Bitcoins for $ 100, I sincerely hope I could now keep more than 10 in my wallets. I mean, I'd rather keep them, and wait a long time for a bitcoin to become at least a 6-digit amount.

But, we can always speculate on things that did not happen and think what would happen if ....  Huh
sr. member
Activity: 2030
Merit: 356
Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold?

They would have sold at 1000$ or 20000$ Maximum. I don't think anyone would have the patient to hold it when they see too much profit. Another reason for selling is that bitcoin price does not always rise. It got to 1000# and dumped to 220$. Then again moved to 20000$ and dumped to 3800$. So there is no point holding when you can sell and buy back more later.
sr. member
Activity: 1274
Merit: 293
It's hard to imagine owning 10 bitcoins for $ 100.  I will sell 50% for 50k dollars, to maintain the reinvestment fund again.  Bitcoin has reached $ 58k and there is no reason one cannot believe it will reach $ 100k ATH.  Despite the downtrend, I will be confident that bitcoin's multi-million dollar fortune will reach $ 100k over the next 5 years.  The remaining 50% will be the future property of my wife and children.  Smiley)
That is just your hindsight, if you didn't know that bitcoin will reach the 50k mark, you would sell it when you see that 1 bitcoin is higher than what you previously purchased. Let's just assume that you believe that bitcoin will reach that point, I can agree with how you plan to sell your bitcoin.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
If someone holds the bitcoin that bought @ rate of 100$ per BTC. I don't think he/she will sell it now He/she will probably hold it for long. By now he/she must understand that bitcoin has huge potential even it can touch one million dollar value in the future and that will be the real financial freedom for them. But in reality, there might be just limited countable persons who hold it for such a long period otherwise some may lose their keys too, and its not easy for a trader/investor to avoid panic selling for such a long period. 
member
Activity: 700
Merit: 14
It's hard to imagine owning 10 bitcoins for $ 100.  I will sell 50% for 50k dollars, to maintain the reinvestment fund again.  Bitcoin has reached $ 58k and there is no reason one cannot believe it will reach $ 100k ATH.  Despite the downtrend, I will be confident that bitcoin's multi-million dollar fortune will reach $ 100k over the next 5 years.  The remaining 50% will be the future property of my wife and children.  Smiley)
legendary
Activity: 2534
Merit: 1338
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).

https://www.tradingview.com/chart/BTCUSD/25zPhzmI-BITCOIN-What-if-you-had-bought-at-100-Would-you-have-held/
I would have held and taking into account everything that I know I will probably be in the position of never having to sell my coins, depending where you live 10BTC is a nice amount of money or enough money to change your life, and if we also consider that as the price keeps increasing you have an even lesser need to sell your coins as you can sell just a fragment and have a lot of money already, I think that a great deal of the members of the forum would have been able to hold their coins too as a great deal of the members here are not only in it for the money but are also interested on the technology itself.
jr. member
Activity: 644
Merit: 1
https://blockmembers.io/
50k won't be bad for me. There is no business investment of $100 for the past 10 -15 that increased to $20,000. So , any body that sold at rate of $10,000 is amazing too.
sr. member
Activity: 812
Merit: 253
If that’d happen to me and bought it at that amount I would probably hold 85% of it and sell 15% to pay for my daughter’s college tuition and probably buy another insurance for her too. And probably sold them at Binance for sure. 😅
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Right now?  No way in hell would I sell it.

Are you saying this because you've realized how much bitcoin has amount to? TBH, I think a lot of us would have sold long long before now. Maybe when it was $1,000. Because back then, buying 100$ and selling at 1,000$ is quite significant.

True. We all get tempted to sell it when BTC or any other asset goes 10X or more. It is quite natural and we all follow our Heart. I have been trading in almost all markets from Forex, commodity, stocks to Crypto and my learning is as follows: Quality assets like BTC , Apple, Microsoft and Tesla stocks are not meant to be sold they are worth holding as long as you can unless you are in dire need to sell them to meet your Cash needs.



sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Right now?  No way in hell would I sell it.

Are you saying this because you've realized how much bitcoin has amount to? TBH, I think a lot of us would have sold long long before now. Maybe when it was $1,000. Because back then, buying 100$ and selling at 1,000$ is quite significant.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
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).

https://www.tradingview.com/chart/BTCUSD/25zPhzmI-BITCOIN-What-if-you-had-bought-at-100-Would-you-have-held/



It's really difficult to believe that they didn't sell their bitcoin or maybe some just forget about their investment in years and then just suddenly know about it again when bitcoin is a trend again because it already reaches a high price like when it 20k$ or today like 58k$ but it's different when your a day trader since you are always updated to what news about bitcoin and other altcoins in the market. I assume at some point of their HOLD they need some funds maybe or probably they need to sell some bitcoin because they need to make sure some of the profit like 100$ and now it 1000$ I assume they sell at least 1 bitcoin but still do not really sell everything unless they just invest and invest in years and then sell everything one time.
hero member
Activity: 2716
Merit: 552
I believe most of it will be sold after making a profit, most of them were sold entirely when the price reached ATH in 2017. Because ATH in 2017
it was quite a phenomenal increase in my opinion. Maybe there are still some holders who are still HODL until now, but I'm sure the number is very small.


Well, the most realistic one is when the Btc price reached $1,000+ I guess everyone will be selling after making a 100% profit. If you are able to Hodl until the 2017 ATH, then you're considered as a Bitcoin believer/enthusiast, but some is able to Hodl this far, from $100 up to this very moment, I don't know what should I call him or how much would be his target.

Pretty sure, If a person would be ask " what would you do when you can get back in time?" 2 out of 10 would buy Bitcoin in 2010.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
Today 10 BTC costs you a fortune. If I possessed such amount of BTC now I think I've already sold one of it when BTC made ATH 58 000 to live for several next years in a good life of a middle class person who can afford not to economize on whatever to pay for bills.
Same I would definitely sold 1 BTC but progressively from $30k to $59k then few months later I will regret doing it for half the price Wink
sr. member
Activity: 1666
Merit: 268
If I look at the current Bitcoin price that has managed to rise above $ 50k, I would really like to buy a lot of Bitcoin when the price is $ 100.
But I can't go back to the past, so I do have to think realistically. Then regarding the question when I will sell the 10 BTC purchased when the price is
$ 100. I believe most of it will be sold after making a profit, most of them were sold entirely when the price reached ATH in 2017. Because ATH in 2017
it was quite a phenomenal increase in my opinion. Maybe there are still some holders who are still HODL until now, but I'm sure the number is very small.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Selling at this moment would already be profitable for sure given the price difference. But to be realistic, I think I won't make it, holding for that long, going through many ups and downs in this market, and I bet many investors would also struggle. We have seen such thing over the past years. Many of us believed that holding is the best thing to do but when a huge correction occurred, many people started to exit their investment to cut their losses. It is just not as easy as it may sound. You'll be numb if you won't feel any pressure holding 10Bitcoin at $100 for years, until it reached $50k  just look at the price gap.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
If I bought 10BTC at $100 at that time? And how about now?
Absolutely, I have sold the BTC step by step. I am not a long-term holder. I prefer to take the profits in the certain target. Probably I have sold some of them and of course, still, leave some percentage to hold again, or use the profits to buy more BTC again and take profits. I don't want to risk my funds only by holding them again and again because I am not a good holder. So, why not sell some of them and leaving some for the next hold?  Grin Grin
That is fresh money and if having good profits, why not selling it now by some percentage?
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
I'm hodling since 2013 and I wouldn't sell based on this graph. I think we will see a lot of weak hands at $100K.

Doubt It would had still be having the same amount of coins I had back when I invested into the market at that particular price. Probably I'll be short or have more bags to my wallet as a result of selling and been opportuned to buy when the market experience some retraccing. This doesn't mean I would be become or be an active trader.

The $10k milestone would had been my greatest temptation as it mean a return of investment of over 100x. That's such a deal that anymore it's been given should be celebrated.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Considering that what if a teenager have bought Bitcoin at a price worth $100 each and acquired 10Bitcoin having a total expense of $1000 and to think that such price of Bitcoin have existed years ago maybe 2-3 years before 2017, surely as a teenager by that time that Bitcoin is not that popular and for me as a teenager considering that I barely do not exactly know what the future lies on Bitcoin if it will be reaching that far of what we have right now could sell my Bitcoin in any time before this time right now because I do not have any idea that what I have both for $100 each can grow into more than $50,000 as of the moment.
full member
Activity: 966
Merit: 153
I would have probably used it to purchase some items offline or online through someone or setup that knows about Bitcoin. And might have also purchase some altcoins with it, which was the trend then.

Then now,  the thought of it will be hunting me down.

Though, I personally won't have spend all. I would leave maybe 2 or 3 Bitcoins to see how it goes.
Ya, I'm that curious.
legendary
Activity: 1197
Merit: 1001
Interesting simulation, but it's still a long time since Bitcoin was $ 100. Perhaps how long we would keep the coins in our pockets depends mainly on our social status. If we have problems with loans, mortgages, financial difficulties, it will be difficult to resist the prices of $ 200 or $ 1000. But if we still have other income that allows us to "forget" about those Bitcoins we bought, that doesn't stop us from keep hold them even now at $50 000+.
Pages:
Jump to: