Bitcoin Forum

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/

https://i.imgur.com/pqc7PIZ.png

Right now?  No way in hell would I sell it.

Assume it's 8 years holding and never sell it until now, I find it's hard to believe because people are greedy and will sold after x3 or even x10.

But it's a interesting simulation to think how good Bitcoin is, there's no need to panic if Bitcoin goes crash... it's the opportunity to buy the dip.

Buy BTCitcoin.

For me it'd depend on my stage of life. I was wanting to buy at $200 but I was fairly young at the time and would probably have ended up losing it anyway.

If it was at $200 now I'd buy and hold a couple for the 5 years (although I'd probably also have sold at $14k and rebought at $6k like I did on the last cycle with the btc I had back then. Everyone was excited about everything still both then and now institutions are more so now (investors and science/economics philosophers alike).

Cryptocurrency is a speculative asset but it feels like it's without as many risks as before, maybe this is problematic to suggest but everyone's looking into the space and some people are getting more and more comfortable with it the older it gets - it's becoming safer.

Quite a fun simulation and all the very reason to have awe for the hodlers and envy for those who made it their side-hacks to earn Bitcoin through those years and are on different levels of financial self-realization as a result. I'd probably not have sold everything as I read Satoshi's and Hal's posts from early on.. 8) Those are sufficient to convince anyone that Bitcoin was going to be valuable.

Its right that lot of corporates are now onboard and institutional interest is only growing. The real question is what would you do if there was indeed another flash crash. All these "institutions" are in it for hedging and as an investment. They don't give a damn about the technology as far as I can tell. Bitcoin's appeal is to the individual; for institutions it is another asset class. They can still cause sell-offs, hopefully. LOL..

Any teenager who bought at that price would not really know how much would it cost in the future. So I'm sure when they are already at profit they would sold it. Just like on 2016, bitcoin was only less than $1k. Who would have thought that it would reach this price we have now. So you can't blame anyone for selling too early. As long as they earn from it then it's good. It's just as we always say, "regret always comes last".

Truth be told, most people definitely would've sold. But literally everyone? Nooot really. There are also a good number of truly avid Bitcoiners that has true conviction and truly believe in the movement that doesn't really sell unnecessarily. Including, me! I'll admit, I also sold a decent chunk throughout the days, but I wouldn't have sold them if I didn't really need to.

Honestly speaking, I could have sold the same number of Bitcoin when it got into around $10,000 since in most probability I could have failed to see that it would be reaching the $50K level as it is currently trading. Now, had it been by miracle that I am lucky enough to have survived the temptation to sell, then the way it is now I would plan to let go of my holdings when the price can be around $200,000...now the question is this: Will it be possible for BTC to reach that level of $200K within two years?

Had it at under $200 and sold it all. Next, bought it at $700-1000 and held it 'till this day.

As a quite early Bitcoiner, I can say it takes 2-3 such mistakes to finally learn your lesson. But I don't regret it. Would rather miss $200 and lower than not do so and miss $100k, honestly. You pretty much sell based on the influencing factors around you. For me, the reason to sell at sub-$200 was FUD.

People that had bought that value back in 2013 are majority had sold their coins in 2017 , and for sure even if you OP will do the same thing because imagine how much profit would that be?

from 100$ - 20,000$ that is 2000% income in just 8 years , that no investment platform will offer you unless scammers.

or maybe even earlier than that. when it hit at 1k, for sure, you are already thinking a lot of profits at that time. imagine, from 100  to 1k was already a big leap. so you really cant tell in what stage you will sell. depends also in your financial situation. if you badly need the money, you dont care how much is the rate of btc at that time.
and youre very right, no such investment platform will give you such huge roi. and if few of those holders waited up until now, it is like you are already set with your retirement.

Does it really matter at which price we purchased the coins? Irrespective of whether the coins were bought for $100 or $100K, we should sell them at the right opportunity when the probability of prices going further up is limited. If someone think that 5,000x profit is more than enough for him, then he can sell the coins immediately without any second thought. That would give a net fund inflow of around $500,000 and after taxes, the investor may get somewhere between $300,000 and $400,000. The question is whether he should do that, when there is a strong possibility of raking in much more profits in the future.

Retrospectively, no one would have had any idea of how high Bitcoin could have gone, so it's impossible to decide which price to sell at, even a 2× or 5× would have seemed like a very attractive offer which would have lured a good number of people out of their holdings.
How much someone knows about Bitcoin would have also been a factor, a person who is fully bought into the idea of decentralized money would find it easier to hold than someone who only viewed it as an investment option.

To answer the question personally, if I had bought at a $100, and it was my first purchase, I would likely have sold at a 2-5× range, ending up buying at a higher price when it shows more potential for growth. This cycle would have continued until I eventually understood more about the technology and how to draw up an investment plan.

yes your decision is very realistic. and that is also the decision I will make in that situation. If I buy at 100$ and the price goes up 2-3x, I will definitely sell it. and if I see the price go higher, I'm also more interested in buying more

Okay lets say that I'm one of the few who trusted Bitcoin right from the start and bought it at a very low price.
For sure that I will sell it when I saw my initial capital at x5 or possible x10. Why?? Because I didn't expect for Bitcoin to go even higher. One thing more is that I already set my target selling price.

That is how others are thinking. Nobody expected it to go at the current price we are seeing right now. When I started crypto back in 2017, the price of Bitcoin is at around 3-4k IIRC but didn't bought at that price. Again in March 2020, I saw it again at that price range but didn't bought.

Lets forget the past right now, what is important is the present and the future :). Just buy Bitcoin and hold. Its the advantage of those early adopters to gain as much profit as they want to.

When I can buy bitcoin when the price is $100, I will sell it right now for 1-2 bitcoin and still hold the rest of the next high price. Even if bitcoin is stuck at the $40k-$70k, I will still hold it and not sell because that is not my next target price to sell.

I am sure with just selling 2 bitcoin now, I can turn the money using trading, so I will have a chance to profit. I am sure the price will make a correction after it reaches the highest price. If this price is the highest, the price will adjust to the lower price, increasing more.

We should know when we should sell bitcoin (if you want to make money) and use some money to trade to earn more profit.

You wouldn't sell it because you know that the value of bitcoin will go up but if you didn't know and see a big pump like 1k USD a pop of bitcoin, I think that anyone is going to sell it. Don't kid yourself that you wouldn't sell it. Remember that the 50k USD is far apart from the time of 100 USD per bitcoin and along the way, there were past ATH and along that way, you are going to sell it because it was bigger than you initial capital.

About x2 to x5 max realistically speaking considering the normal mindset of people during that time. No one knows what will be the future of Bitcoin that time so we can’t blame others who early sold that time. Most important was to sell only in profit because we can always re-enter once price correction since it’s inevitable.

Besides. Bitcoin is completely out of the norm that time so the common mindset was to get profit out there for a short term then invest on more sustainable product like stocks of popular company.

One thing about historical data or charts is that they make us get filled with regrets and this isn't a good thing. BTW OP, it would've been highly impracticable (very impossible) for anyone who bought Bitcoin at $100 to still be hodling EVERY single Bitcoin they bought till now. Most of those who bought at that rate would've sold long before it crossed $10,000. The wise among them would split and sell part while allowing it run. The wiser among the wise would be trading to increase their quantity. Anyone who didn't sell any bit till now, either lost their password/PK to the wallet or dead (may be like Satoshi too). It's the same way a lot of us are hodling some penny alts now and we don't know what they will become a decade down the line. So, if we have any X5 or X10 profit, we quickly sell thinking that would be a point of dump. Who ever thought BNB would be worth this much today from the less than $0.30 it was listed in 2017? I sold my quantity when it crossed $3 with huge profit. But look at where it's today. We can't know the way these things pan out.

This exactly my point when seeing people regrets over the fact that they sold bitcoin early, the thing is, without having an idea how the future may unfolds we gonna be distracted of selling our holding because our needs and when people said they gonna forgot that money, nah you will not.
I'd probably sell when my asset doubles aswell and then hoping for a dump and that's what exactly I did in the past not knowing it could go even higher beyond our expectation.

Depends on multiple factors. Personally, I would sell once it reaches x10 or something since I am great at HODLING cryptocurrencies for the long-term. I don't think I would be able to HODL past x10 due to the fear such returns.

I would have selected LocalBitcoins for selling all my BTC since it's my favorite place to sell cryptocurrencies when compared to other sites.

My next best option would be Binance since I trust them a lot and have never faced any issues with them so far.

I am treating Bitcoin these days as an emergency fund, I won't sell until I don't really need cash. To be honest, having Bitcoin taught me to become more thrifty or wise on spending some money.

Selling Bitcoin for taking profits is not bad at all, we can still buy anytime. Some people have their own price target, so maybe they will sell some portion of their holdings just to buy some things or use it in good ways. Just like what I did before, I sold some of my Bitcoin to buy a laptop, and that laptop helps me to earn more Bitcoin buy working on some gigs that paying Bitcoin .

Im thinking similar to you, I have definitely become more thrifty with money since
getting into Bitcoin and also thrifty with Bitcoin too. There are any number of things
I could buy now but I'm holding firm until next month. I need to get some more
home renovations done so I will yse a small amount of Bitcoin.

If I had bought  Bitcoin at $100 and have the same outlook as I do now I would still
have some, but not all of them, I would have used some for essential purchases.

I bought my first Bitcoin at $1000 and still have them although I did sell some
in December 2017.

Holding bitcoin starting from 100 usd means I'm a holding it for more than 8 years. Someone who is holding bitcoins for 8 years is the one who already saw the bull run at 2017 and price fall on 2018 and 2020. That person is obviously controlling self emotions and even during this bull run he won't sell bitcoins. So, if I had 10 bitcoins at 100 bucks, I would not sell my bitcoins anytime soon because I believe the price is rising and and by holding bitcoins for longer time I'll get more profit. In the case of emergency, I would maybe sell only a little share of my bitcoins but there is no way to sell all.

I didn't buy it back then, so ordinarily there's no way I'd know what I would have done in a situation that I never found myself, but if I'm to answer based on my personality, my appetite for risks and things I'd prolly have wanted to do with money IRL, I think I would have sold quite a long time ago whenever I considered my ROI good, the thing is I'm sure my sentiments would have gotten the better of me, the media calling it a bubble going to burst, plus other security concerns, all these and much more would have facilitated my hunger to leave the network and hold Fiat.

Having said that, I would have regretted that decision, but that must have been after I've worked on my knowledge of the network, right now, I believe in the network, but back then, I'm not sure I would have, I'd not sell my stash now, even if there's a massive plunge, that's the difference between the 'imaginary' then and now, Bitcoin has gone through quite a lot of stages to make people believe in it, the latest being the influx of institutional Investors, hodl now you have the chance to do so.

The pattern of bitcoin price chart is always the same so it should easier for us as bitcoin investors to make decisions. My strategy is so simple but effective, I prefer like to sell my bitcoin only in bullish market and buy it again when the price fall. If I miss the timing then I jus5 hold it to avoid financial loss. I don't like to do opportunity selling because it's too risky. People who bought at $100 maybe have same strategy with me.

Totally agree and that is the way I have started seeing it too. For those of us who came late on the scene but have been in the ecosystem to know of ways to earn crypto, it is indeed eye-opening to manage the financial targets. Before this, money was simply something that you always struggled to catch up with. Now I can see that money is meant to serve us and not vice-versa.

Good to know man. The spend and buyback method is the best in my opinion too. Re-investing in yourself or upgrading the tech so you can learn more about the technology and earn is a good lesson to learn. If you think of it, this is how every skill, every sector works. This is the right mindset for it and thankful to bitcoin for showing me an example. I was otherwise too lazy to actually explore these things. The technological underpinnings as well as the chance to make some money is the reason that Bitcoin is the perfect savior for procrastinators like me. Hope we keep learning and growing.

Lol you have Bought at 100$ each ? I doubt that you can still hold after Bitcoin reached 57,000$ .

It's easy to say because for sure you have not purchased those days but if you did ? i am 100% that you have sold all of them back in 2017 when the value raised up to the highest of 20,000.

But of course we can only say words now as this is a general question and not an actual one.

I would provably sold it when the price hits $150-200 who would have known that it would be this high back then.
So I am guessing all the investor who was active at the market also sold their holding when they gain an insane profit from it.
I think only those who forgot that they have Bitcoin or totally ignored the news but an early miner or holder could have hold it for so long and would resist the temptation of selling.

What's the point of infinitely holding bitcoin? For me, it looks like the wealth that's not in use. What if everyone buys bitcoin and just holds? For me it looks like the situation where banks just hold all the money they have and don't give loans.

Four years ago, I would sell them if the price was higher than 1K USD (it was unbelievable at the moment) but I have learned so much during these years, the patience is the key, bitcoin is the endless rise and fall. The problem for us is that once we saw the fall, we immediately sell, we don't understand that rise happens after the fall. We look at bitcoin's price like this is it's last rise and then panic sell once a small movement happens, then we regret it and imagine in our fantasy what would happen if we didn't sell and hold.

True at certain point of time when it would have rose and met your goals people would have started to sell off some portion of it. Also in between many would have a cash crunch so automatically it would have got sold. But those who had continued to hold it till now should not sell it. Keep holding as price will be crazy in coming years and do not want to lose that profit-making opportunity.

If I bought 10 BTC at $ 100, I would probably sell it in 2017 when there was hype. Because surely I would not have thought Bitcoin could pump high
like it is now. I believe it is very rare for people to buy Bitcoin at $ 200, able to hold Bitcoin until now. It is not easy to invest in Bitcoin, its volatile
price is indeed difficult to predict.

But if we really want to invest in Bitcoin in the long run, it's okay to buy Bitcoin at its current price. Because after all the price of Bitcoin will continue
to rise, so buying Bitcoin at the current price can still get profit. As long as we are more patient when holding Bitcoin

I would depend on the flow of the market for example just like what happen last year the market was steadily making a great progress then I don't know when would I really sell off.
But if the market at that time wasn't crazy like it and only moving a little by little then I think I would happily sell it off when I gain about %10-30 profit if it isn't moving too much.

Depends on the news if theres a lot of bad news about crypto especially bitcoin im gonna sell it and take a break from this crypto investment.

But at this time i don't even think to sell it because after the influence from elon musk the future of crypto become more brighther than before.

Very True. Bad news are spread to scare weak holder and create panic in the Market to trigger selling. We all are Human being being and we typically follow the crowd. The intelligent investor always buys when everybody else is selling. Whenever I sold BTC, later I prepended for selling it at lower price. BTC is Anti-inflationary Asset and it is designed to mitigate impact of Inflation. It is worth holding as long as you can.

I think you meant "when would you sell" instead of "where would you sell". Honestly, I don't know. Maybe early? Like when the price went up to like $1,000? At least I guess that  is what most of the people would have done. I doubt "many" people would keep holding after seeing the initial price rise. I mean during early days, most people wouldn't have expected the price to reach to the point it is at now. Even if they kept on holding, they would have sold it during the last bull run (back in 2017).

true, last year the movement was very high and uncontrollable because of the extraordinary speed that had been happening and what had been done so far.
fortunate that you can hold it from selling, so it could reap a sharp increase from last year which continues until now. although there was a correction at the beginning of the year did not make it to continue to increase sharply.
in fact, some days almost every day creating renewable ATH and this is extraordinary.
there is still a long way to go to improve and many are looking forward to the surprises that will occur.

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+.

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.

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.

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.

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?  ;D ;D
That is fresh money and if having good profits, why not selling it now by some percentage?

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.

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.

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 ;)

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.

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.

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.


https://i.imgur.com/wDgbY2I.jpg

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. 😅

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.

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.

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.  :))

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. 

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.

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.

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 ....  ???

You are right, lots of people sold back at dollar parity, $10, $100, $10000 etc.  Some people didn't though.  There were plenty of people back in 2010 through 2013 talking about the potential value in the future and who know to hold on.

For example, this thread is locked, but, check it out:
https://bitcointalk.org/index.php?topic=12156.0

Atlas (the OP) was right, and he was a teenager at the time, around 16-17.  (I wonder what ever happened to him and if he sold his coins.)  So not everyone did so.

This was also right:
https://themonetaryfuture.blogspot.com/2011/06/bitcoin-is-economic-singularity.html


It is still probably isn't too late to buy and get a large return - IMO, bitcoin will only reach a stability point when there are large number of corporations, people, ETFs/funds etc owning it, maybe one or two (or maybe even three) orders of magnitude from here, and at that point people will be able to more easily conduct transactions with it vs more store of value.  Then volatility will decrease, and people might not even need to get out of crypto.

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.

Honestly, if I were fortunate enough to have BTC at that year when its price were below $100, I would have sold those bitcoins at this price.

If you were to check its price at that time, you would have feel that there is already profit waiting. You would not feel guilty as much since you literally have no idea that bitcoin would become this big, like what is happening right now. I know there are lots of posts about people trading their early garnered BTCs for something (i.e pizza bitcoin), but you cannot blame them as at that time, it was considered profitable at their end.

Maybe I'd sell in $500-$1000 by that time. Lack of experience will make me sell at those levels and seeing those high prices for the first time will make me chill that I did it right.
That's what we think today, we're wanting to hold more but if it's time to sell. It's that when the prices are encouraging to sell, you'll never know yourself when you hit such high prices before.

I really hope to get to know Bitcoin when the price is still $ 100, Sometimes I fantasize that I want to have a time machine and come back where
Bitcoin is still very cheap. But the reality of my fantasy can't possibly come true for now, so we have to accept the fact that the price of Bitcoin is
already very expensive. But I'm sure early adopters who bought Bitcoin when it was $ 100 have sold it when it was $ 1000. Because most people
do not expect the price of Bitcoin to be so expensive that it reaches the price of $ 58k,  even this year it is very possible to hit the price of $ 100k.
I am sure that even Satoshi Nakamoto as the creator of Bitcoin must have been surprised by the current price of Bitcoin.

That's the beauty of it, you can never sell all of it because you know for a fact that it's the money doing the work for you, not the other way around. And wasting off such huge potentials such as what bitcoin can offer, at as early as 10 years ago, is something that a wise investor wants to avoid.

There are many who are holding good amount of coins and have the patience to hold this long, i do hold coins and i have sold coins in the past as well but i am yet to spend my money on expensive cars even though i can purchase one with the current valuation but i am not stupid enough to spend that much amount for a car  :D. If anyone trusted bitcoin then they made a fortune irrespective of the age.

As for I would have sold some of those and hold the remaining balance up to a new record of ATH then I sold it this way. continue to hold it until it reaches my target price. Of course, you need to stick to the plan because you can't be just waiting for it to even get higher because that's the thing we always seek. If you don't take advantage of the current high price then you might not see it again. Greediness should be stopped and we should have some plan just before investing in BTC not just some go with the flow plan which might never work at all. 

i think there are succesful hodlers with btc valued under 100 dollars so you are wrong when you think no one can hold thier btc for a long time if they bought it at 100 dollar but if ever im one of those that invest and manage to not hold for long i think i wont sold my btc to buy simple things because i already invested a huge amount so im only going to sold once i double or tripple my invested money and buy a litte more expensive stuffs that i havent owned before in my life  .

Some people who bought bitcoin at $100 or lower price still hold their bitcoin and not selling, even if the price already touch $58k. But they do not tell the other how they hold their bitcoin for a long time. I believe they still hold a large amount of bitcoin in their wallet because they want to wait for the next higher price or not sell their bitcoin if the price is not hit more than $100k. If I can have that bitcoin for a lower price and see the $58k, I will sell some bitcoin, maybe 10 bitcoin and use the money to buy a house, car, or something that I want.

I am sure that a significant amount of people would have sold for a loss when the price went down to 60 or something like that, however for those that really believe in bitcoin and its potential I am sure that they will still hold the majority of those coins, the real issue is when to sell? And I think that unless you were forced by the circumstances the correct answer is probably to never do it, I think we are getting closer to the day in which we will be able to use our bitcoin directly without converting it to fiat which will make holding even easier.

True. Panic selling always happens when price crashes. It becomes very hard to hold patience and wait for the price recovery and those who hold during the hard time make huge gains in future. The answer to decide when to sell is difficult to answer as there is no crystal ball to make 100% correct price prediction. The only tools available are Technical charts which help you to know the market sentiment.

Right now?  No way in hell would I sell it.

Some hodlers might be strict and managed their Bitcoin by hodling it till today but the OP wanted to know how well those huge coins can be sold, well Tesla just bought Bitcoin worth millions of dollars, I wouldn't see any problem with selling those Bitcoin even it is bit by bit irrespective of numbers of days it will take in selling them I will continue selling definitely there is going to be a market for it as far as Bitcoin is existing buyers will buy and it demand will continue to increase.

I bought once Bitcoin when it was 400$ i sold it at 430 or something 😂

For sure if there is someone who bought bitcoin at $100, I don't think that they are still hodling I right now, maybe they had sold it when the price goes up a little bit because no one knows that bitcoin could go much like this. The only small movement of the value of bitcoin is a good thing for those who have bitcoin at that time so they might sell it instead of hodling.

This is practically one of the major problems facing every bitcoin hodlers and it is the problem of the 'right moment to sell'. I am super sure that everyone who bought bitcoin when it was at $100 would have sold at a 100% profit which is $200 or for the most patient at 1000% which is when bitcoin hit $1,100 only to regret as to why they sold when the price of bitcoin is even higher.
You'd however realize that if by the prospect of making more money from the rise in the price of bitcoin, they did not sell their coin, they'd then have to suffer if they actually need money because they refuse to sell.
What I do is sell my some of my coins when I need money and leave the rest as investment.

If I ever bought 10 BTC at 100 $ I would probably sell it at 500 ~ 1000 $, 10 times profit is not a small temptation.
Honestly except for the crypto market I cannot find any market that can provide 10x returns.

It depends on the country you come from because selling of Bitcoin don't really give stress to people because of diverse applications used for selling, Binance is one of the biggest app popularly known, which is the easiest way of selling without issues, now p2p is another option or alternative to sell cryptocurrency irrespective the amount but the only scaring thing their is, it involves scamming, because at times those scammers will claim that they have fund you finance and it will trigger you to fund them crypto in their wallet and after which the funds will not be found, so is the only disadvantages of p2p transaction via Bitcoin and any other alternative coins.

Pretty easy to say but holding for years what now easy actually, I've sold a lot of bitcoin not because I don't believe in bitcoin but mostly I just needed the money for something.

If you think about it buying at 100$ at then selling at x10 is already a great profit for everyone and you don't really think that bitcoin would reach 58k$ at this moment.

So probably only a few that have strong hands would hold their bitcoin for so long un someone that doesn't really need the money because if my 100$ already gain x10 and then I don't have any money I would probably sell that bitcoin.

*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.

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.

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.

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 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.

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.

Exactly! Not all would really be having that kind of hodler mind this is why im really amazed to those people even up to this day do able to held off their coins without spending or selling out even a piece
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.

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

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. ;)

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

not true .i got my hoard in 2012. when they were only $6 each... i havnt sold yet.
i personally havnt set myself an exit price.

i actually find it easier to hold and not play now then i did back then

..
in 2012 i was playing with 100% of my hoard. i was day-trading it to increase my hoard
in 2013 when it went to $120/btc(20x) i only played with 10% of my hoard.
last year i played with less than 2% of my hoard.
this year not even 1%

any profits i make i convert to fiat and thats now been my (young)retirement income.. my 98% ill just let it stay where it is untouched

with the profits i make playing with small % i can live comfortably and not need to worry. its more then repaid my initial investment. so i dont keep track of the combined $ value of my hoard.. i just mess around and play with my <1% play money.

in short. i have no exit price in mind. its more of a 'when i cant be bothered with bitcoin anymore. ill leave'

If I did invest that amount of money in Bitcoin at $100, I don’t think I am going to be selling it just to buy a bike or just for a trip to Hawaii or whatever, not even for a car, seriously that’s not going to make any sense to me. First of all I already had a business I was doing before I got to discover Bitcoin and I am still doing that business up till now and with the help of my earnings through Bitcoin I have been able to move that business from a small business to a bigger one.

So, if I invested at that rate, I will only sell to invest in my business, or the mortgage you said or retirement and financial freedom, those three are better than selling to buy a bike and car.

Truth be told and to separate me from people who pretends to say that I will hodl it until this point which is clearly just a hindsight, if I bought at that price, I would be pretty naïve and will sell when the prices go up more than my investment, it could be between 150$ or 1000$ because I didn't know that bitcoin would grow in prices like the present.

If I happen to buy 10 bitcoins at $100 each I would be convinced to sell at the $1k mark. You might ask why? because in my opinion we really don't know how far bitcoin can go and for how long it will stay alive since when bitcoin was at the $100 mark only a few people use it compared to now.

Let's assume that we have bought BTC at $100, I don't think that I could hodl it for so many years and I don't think that there is someone who is still hodling until now, for sure those who bought at $100 have sold their bitcoin when the proc goes up a little bit because no one knows that bitcoin could fly so high like this. There is no problem with where will you sell bitcoin because we have a lot of legitimate and reputable exchanges where you can sell a huge amount of bitcoin.

^This, it depends on how much you know about crypto and Bitcoin in general and whether based on those information you feel optimistic about its future or not and also how much you invested in it and whether you can wait for a long time or not affects the outcome.

Normal people just buy these to get some profit out of it and usually when it's like 5x-10x they will sell, of course it's not a nice feeling to know what you sold for 10x, did a 100x a while after that, but that's any investor/trader's life, you can not catch all the good investments at their dip and manage to sell them at the very top because you can not predict the future, so at the end of the day the best strategy for investment is to buy something you totally believe in with a capital that you can afford to lose and wait around 3-5 years to see what happens, preferably without checking the price.

It is for sure that I wouldn't still sell them now if I got 10 Bitcoins at 100 dollars. I think there is still a big potential in the price and 2021 could be really great for Bitcoin also. If things don't start going the opposite way soon, I really believe that we can see Bitcoin price reaching at least $100k before the end of this year.

Believing the same thing specially if you are really that active into this market that do checks out from time to time then you would really be selling out on some point.
Who would be the one on liking to miss out those kind of selling opportunities? To those guys who had missed out on selling those peaks in the past are to those who had
literally lost or forget their keys and then they do suddenly able to recovered it out which it did result into big fortune considering on how big the market is currently
but when you do know the access of those wallets then its really hard to resist on not to sell.

Well, we have a decade of history now, if you would have bought at $100 you wouldn't have knowledge that we do now.

At the time when bitcoin was $100, there was no vision that it could reach 60,000$. I would have sell at 2x price of 200$ and would be happy that i made my money double. But if someone is lucky enough to not sell at 100$, he must be millionaire if he had purchased few bitcoins at 100$.

If I am able to still have them in quantity and bought at the rate of $100, then that will serve as an inheritance for my children and we shall say bye-bye to any financial frustration.

I am not sure what I would have done then, but based on my condition back and also because I don’t fully understand Bitcoin and cryptocurrencies, then I think I would have sold at 3x or I might even hold till I reach up to 10x, anyway.

But one thing, I know is that I will always plan myself and do what I’m meant to do, because even if I sold and got the money it’s not going to end there, there are so many things I was going to use the money and also keep growing it and I also would get back when I notice there are new opportunities to get back. I fully understand investment and before Bitcoin I have always known that investing at lower prices are the best thing to do.

Personally, I would sell small amounts of that total sum withing time, just the necessary for basic expenses and to purchase necessary goods. The rest I would keep in bitcoin, because I strongly believe not much time from now on it will be possible to spend bitcoin as currency in order to acquire any kind of product you have in mind.
So there is no point in exchanging large amounts of bitcoin for fiat. Moreover bitcoin can continue increasing in price, fiat cannot. So what is the point in holding fiat?

We should really be versatile because opportunities doesnt really come from time to time which means we should really be observant on whats currently happening and making out
actions which would really fit out on the said situation for us to utilize and make out profits out of that one.There's no point on making out regrets on the time you do make out
some early sell or early buy because market is unpredictable and mistakes like these were really that common but you shouldnt really let yourself get affected with this one
instead of minding or stressing out yourself then better always look on the brighter side or probabilities if you made it done right.

Its unfortunate that I will have to give this answer after I have actually done the reverse years ago. I will not buy bitcoin and sell it off for even $100k because the potential that bitcoin will hit amillion dollars is very real. Imagine what the value was as at 2016 when i had 2 and sold it off and now its worth more than ten times what i sold it for in just 4 years.

Honestly, I would have probably used my Bitcoin at that time to treat my family and friends and would waste a lot of money into buying Consoles or Games that would make me happy at that time specially as a college student, I still did not have a mature view into how to use money at that particular period of time. I would have not invested it because as a student, its better to have cash since I was thinking of getting a job in the future but  looking at the current situation, I would say that investing it into better things would probably make me a better person.

Cool simulation. If I bought $ 100 Bitcoin, even one, I would have sold everything a long time ago. I consider myself weak, subject to market manipulation. For several years of being in cryptocurrency, I make the same mistake, sitting at the monitor for days and happy or upset about the price movement, I constantly sold assets for a long time before its maximum price. I began to understand a long time ago that it is imperative to keep cryptocurrency and try not to sell, because by selling today, you are actually committing a crime in front of your wallet, because as long as there is no more advanced system than cryptocurrency, it will continue to gain value by leaps and bounds. Thanks for the simulation - even for a second, but in my imagination for a second, I became the owner of 10 Bitcoins ...

Ideally, the selling point would be 54k USD is more than enough for my future but it is impossible to hold for almost 8 years to achieve my ideal value. Honestly, I wouldn't think about holding for such a long time as long as I reached the 9k USD profit mark it's enough reason for me to sell and take profit. If there are people who managed to hold for that long, then your patience is commendable and it is really admirable.

Depends on what level of profit you are happy with. The price can go to $100k or back to $10k. I’d sell 2 now to lock in profit and keep an eye on the price. I bought 15 coins back when it was $400 and still have 7 of them.

I am someone who purchased BTC at a rate of $10 per coin in 2012, and I still have a large fraction of my initial holdings remaining in my wallet. I was going through the replies and it is surprising that even after 100+ replies no one really thinks that it is not necessary to sell all of your coins at once. I purchased my coins in 2012 and sold around 50% of them in 2015. And from 2016 to 2020, I have sold around 30% more. I have around 20% of my initial holdings remaining. I have purchased equities and bullion from the proceedings. Obviously if I had held on to my coins, then I would have been in a much better position, but I don't have any regrets about it.