Sadly I don't have that much to make a difference
Topic: Would you sell your BTC for $100 000, and never go back to the game again? - page 2. (Read 1097 times)
December 20, 2020, 06:29:04 AM
I'd sell it for 100 grand, because it's gonna take a long time to reach that price.
Sadly I don't have that much to make a difference
Sadly I don't have that much to make a difference
December 20, 2020, 06:08:42 AM
As of now, maybe I will take it because I badly need money but if it is not then I will ignore that kind of offer, I know that bitcoin has a good value in the future, and maybe it could reach over $100k, the person who will accept this kind of offer are those who don't have strong beliefs with bitcoin or those who need money for these days but if they do not need it for now then for sure they will also ignore it as well. You can still earn more money than that with trading for so many years.
December 20, 2020, 05:23:38 AM
I voted yes. That was a huge amount of money if I owned even just a few Bitcoins. I can absolutely start a new life away from Crypto and there are lots of physical investments that I can possibly start with. Its not that I don't love Bitcoins anymore why I wanted to quit. Its just that I need to rest my eyes from always focusing on the computer monitor almost the whole time each day. My love, respect and trust with Bitcoins will always remain as it is my main financial source for a long time. But, somehow there are a lot of things that we need to decide for our own good especially if it is related to our health.
December 20, 2020, 04:43:57 AM
it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:
In the US you can easily move millions of dollars into and out of bank accounts without it being a big deal. At least for just a couple million it doesn't usually generate any remarks from bank staff-- or if they say anything they just assume you're buying an expensive home or selling a business. December 19, 2020, 06:32:18 PM
it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:
@ 100BTC that is $2,300,000 that isn't too bad but you can not load $ into any bank (maybe local currency if your country don't care).
to be clear at $100,000 that is $10,000,000 for 100 BTC, or around 300,000,000 twd. Even with several convenience store it will take many many month to get this in without being noticed.
But if you have alot more (say 5000BTC) then it becomes an real problem. Not to mention possibly of old fiat bills no longer will be used (similar to what happen in India recently)
@ 100BTC that is $2,300,000 that isn't too bad but you can not load $ into any bank (maybe local currency if your country don't care).
to be clear at $100,000 that is $10,000,000 for 100 BTC, or around 300,000,000 twd. Even with several convenience store it will take many many month to get this in without being noticed.
But if you have alot more (say 5000BTC) then it becomes an real problem. Not to mention possibly of old fiat bills no longer will be used (similar to what happen in India recently)
December 19, 2020, 06:01:13 PM
I will never sell all of my bitcoin, I’ve been in this game & HODLED since 2014. Sure I’ll sell a % during this bull run but why would anybody want to be 100% in fiat? Bitcoin is the best asset in the world with huge room for growth upwards. Only an idiot becomes a full NOCOINER.
They cant just accept the risk and tend to play in the safe side.Just let them be and made out those decisions on selling their stashes but for sure they would just come back
and cant resist on what this cryptocurrency market would offer when it comes to potential gains.Its just dumb for someone to sell up for the amount of 100k if he can make
lots even more with just simply holding for future years to come but to say the reality that this will be just sensible to be done for those people who held lots of coins.
For those who havent then dealing with 100k will be their best shot specially to those who do just hold 1 BTC. They wont wait for the price to cling up to 100k
if they can just accept it in no time.
December 19, 2020, 05:33:27 PM
I voted no, but given the phrasing of the question, a yes is tempting: sell it now, then get my spouse to buy 4 X as much back right away.
December 19, 2020, 05:24:27 PM
I will never sell all of my bitcoin, I’ve been in this game & HODLED since 2014. Sure I’ll sell a % during this bull run but why would anybody want to be 100% in fiat? Bitcoin is the best asset in the world with huge room for growth upwards. Only an idiot becomes a full NOCOINER.
December 19, 2020, 04:33:13 PM
I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.
There is a lot to watch out for until 100k can be achieved, the question is is it possible? Since the market cannot predict exactly how the price will form, it takes a big prospect to get a price of 100K, at least 30k in the position in 2021 is more likely to happen.
December 19, 2020, 04:20:36 PM
I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.
December 18, 2020, 06:42:15 PM
Nope never going to sell my bitcoin i will hold till i want too because i made up some good profit in bitcoin even bitcoin reach $1m dollars still doesn't need to sell it bitcoin helps me in many ways, I started to used bitcoin which is from the bottom , but its only for me and we had the different decision to made it is up to us if you really want to sell or to hodling since we are in pandemic and financial are the most needed to support our daily basis but when you are in trading and making a good profit daily or weekly then you can sell bitcoin every month like i do.
December 18, 2020, 06:40:03 PM
I am booking my profits whenever i feel that the market is going for a big correction and most of the times it is hard to predict exactly how the market will react, the game continues and even if i sell all my coins i will be purchasing once there is a correction and the market settles down irrespective of the higher valuation and even if the price reaches a million dollar and booked my profit i will be in the game.
December 18, 2020, 06:30:35 PM
will be there any official sign about this? How if someone chooses the $100.000 and someday he turns back with another anonymous person, or they told somebody else to play in the game again? It may not be easy, but for now, I have no 1 Bitcoin so that it is very difficult for me to decide. But probably I will pick that moreover I really need money for now. And then, I can use some of them to invest in altcoins?
December 18, 2020, 06:24:56 PM
That condition is actually non-sense condition and it will never happen.
Btc already expected to go even higher than 100k i do believe bitcoin will worth 1 million USD in the next decade. You will always have a chance to buy and buy bitcoin from the market and such condition will never happen for sure. i won't be a delusional person.
Btc already expected to go even higher than 100k i do believe bitcoin will worth 1 million USD in the next decade. You will always have a chance to buy and buy bitcoin from the market and such condition will never happen for sure. i won't be a delusional person.
December 18, 2020, 06:07:11 PM
$100k is huge amount for me, Afterward it hard to choose one from any of those. I had trust on bitcoin but didn't though bitcoin can run so fast.but after realise that, I am not going to sell it. Because now i know that, btc will go higher and that $100k is not a big thing for bitcoin to cross.so I'm not interested with your deal, rather i would like to enjoy the game and wanna take full advantage of it.
December 18, 2020, 12:14:30 AM
Of course I wouldn't take that deal. I already plan on selling around $100k in only about a year or so before the next peak, and then let it crash and get back in lower. That's a terrible deal to take!
December 17, 2020, 06:38:53 PM
Well, it depends on when the price will reach $100.000. If the price rockets that level in 1 year of course I would sell. I could wait for a correction. But if the price reaches those levels in 5 years, I would continue hodling.
I am a Bitcoin maximalist. I hodl half of my Bitcoins since 2017. But as I said if it happens in 1 year I would sell and wait for a correction that's the truth.
I am a Bitcoin maximalist. I hodl half of my Bitcoins since 2017. But as I said if it happens in 1 year I would sell and wait for a correction that's the truth.
But surely you wouldn't sell everything ? Wouldn't you keep at least 1BTC just in case it didn't crash but instead got to 1 million $ ?
I know I would. In fact it's my plan. Don't sell anything until 100000$, at that point sell some to buy lower, then maybe continue selling as the price goes up, but always keeping 1BTC for the million.
December 17, 2020, 06:32:19 PM
Everyone has their own right to sell all their Bitcoin at any rate. But it doesn't seem like a crypto lover if you plan to quit or never go back after you are successful to get a big amount of money. Holding your Bitcoin isn't only about the way to gain money but supporting the existence of Bitcoin itself. Also, this way, makes you be a part of the Bitcoin community that supports its improvement all time.
December 17, 2020, 05:31:55 PM
Hmm...
Actually I am ready to sell my bitcoin when it goes 40K usd. I already set my target between 30k to 40k usd (if that happens). But as of now, I sell 50% of my bitcoin when it went 23500 dollars. So that, I have no regret anymore. If I am going to sell it on 100K, I will always rebuy again when it goes down. But I am sure that it will not goes that price far as of now. We have to wait for several years before we can see the precious of bitcoin. 100K usd is really a high price. Yet, there is no impossible in btc.
Actually I am ready to sell my bitcoin when it goes 40K usd. I already set my target between 30k to 40k usd (if that happens). But as of now, I sell 50% of my bitcoin when it went 23500 dollars. So that, I have no regret anymore. If I am going to sell it on 100K, I will always rebuy again when it goes down. But I am sure that it will not goes that price far as of now. We have to wait for several years before we can see the precious of bitcoin. 100K usd is really a high price. Yet, there is no impossible in btc.
December 17, 2020, 04:29:30 PM
$100k/BTC is really a huge amount for that i must work hard in my normal live but I think in the $ 100 000 price range the spread for the dips and highs isn't that big that I could sell my coins and buy new short time later to have loads of free satoshis more with one trade in my Wallet. If I got an offer like this, it would be an indicator to me that BTC will move up more. So i think i want not sell my coins and Hodle for Moon
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