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Author Topic: So when do you "actually" plan to cash in your bitcoin? > or <$1,000,000  (Read 2352 times)
salihno71
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October 23, 2017, 05:46:11 PM
Last edit: October 25, 2017, 01:47:34 PM by salihno71
 #101

I don't think bitcoin will reach 1 million $ mark. It will probably go higher than now, but one million is way too much. The right time to sell your btc is when you have something to sell them for.
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jerry0
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October 28, 2017, 09:19:54 PM
 #102

I assume most here would cash out their bitcoin if they have like 1/2 a million right?
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October 28, 2017, 10:51:03 PM
 #103

This depends on people's entry position and expectations, for most of the early investors probably hitting 50k would be 50x or 100x already, but for someone just joined the game it will be <10x.
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October 29, 2017, 10:30:04 AM
 #104

One million dollars is so big. It is so hard to reach that value so I’m going to sell my Bitcoins when the value of Bitcoin is less than one million dollars. But as a person who wants to be rich, I will still wait for its value to increase. I believe that its value will continue to increase but will not achieve the one million fantasy.
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October 29, 2017, 10:40:26 AM
 #105

One million dollars is so big. It is so hard to reach that value so I’m going to sell my Bitcoins when the value of Bitcoin is less than one million dollars. But as a person who wants to be rich, I will still wait for its value to increase. I believe that its value will continue to increase but will not achieve the one million fantasy.
if i have a lots money i will wait for btc to reach 20k$ as it can possibly goes to that level but dreaming of 1million would take some time or wont happen
thats really to big in terms of investment so for me ill be happy if its reach 20-50k$ that value already can give me a good future from where am i right now.
asep samsudin
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October 29, 2017, 11:44:47 AM
 #106

I can tell you a lot of people will have sold their bitcoins long before $1 000 000 was reached. They will start selling at $10 000/bitcoin and only the super rich will be buying and selling these bitcoins. People have these fantasies of Bitcoin being valued at $1 000 000, but by that time most of them will not even own bitcoins anymore.

If you link "time" to this statement and you say bitcoin will be valued at $1 000 000 by the year 2090, then this might be worth shit.
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October 29, 2017, 12:20:11 PM
 #107

I try not to cash out. I already pay my electricity bills with Bitcoin. Unfortunately, I can't pay for everything in Bitcoin (mostly taxes). I have a few Antminers and I'm going to keep the BTC which I have mined. Bitcoin already helps me to make a living. I hope it won't fail because it's my main source of income right now.
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