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Author Topic: Will you sell your Bitcoin at $100,000 or what?  (Read 4083 times)
seizetehday5
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November 30, 2017, 09:12:45 PM
 #21

Apparently the average investor wants to sell bitcoin at 200k but given recent events and I can't believe I am going to say this but I think I am leaning on a more bullish sell point kind of what McAfee was predicting in the 500k-1million range. I really cannot forsee higher than that and in due time we will know if he was correct or not.

CodyAlfaridzi
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November 30, 2017, 09:17:34 PM
 #22

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.

Be realistic? Your $100K estimation isn't realistic. We surely won't have another 10x in a year. CME and Nasdaq will start trading Bitcoin futures by 2018. Fresh, huge sums of money are coming in. As more money got invested in Bitcoin, the volatility will lessen. In 2018, the market will decide if Bitcoin is really worth $10K+ or not. There is a rumour that the current price is inflated because Bitfinex and Tether print tethers that is not backed by real USD, thus using those tethers to pump the price. We'll see.

By the way, if BTC goes tp $100,000 I surely won't hold fiat anymore. There must be some problem with the current economic system that made Bitcoin rise to $100K if that will ever happen. Fiat will probably become worthless, why would you sell your precious BTC to worthless fiat by then? My advice would be not selling Bitcoin at all, especially if it goes higher than current ATH. Instead, spare some money to buy more Bitcoin. I personally believe that Bitcoin is the future. I'm currently selling them for two reasons: to get more Bitcoin while the price corrects and occasionally take my profits to make a living.
Hach
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November 30, 2017, 09:18:04 PM
 #23

There's no point hodling forever - you should set a goal you want to achieve.

This is a sad, sad statement.

You're not into Bitcoin if you're only in it for a minute.

If everyone held forever, bitcoin would never grow.

I agree with you. The is no sense to hold forever. The best strategy is to fix goals to sell at, you can sell a part of your portfolio everytime you reach your goal.

Domenc
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November 30, 2017, 09:53:47 PM
 #24

If you need Bitcoin for any important purpose in life, then without any second thought just sell it. Bitcoin is pure money in the form of virtual currency, no doubt Bitcoin posses bright future in the coming days as it values will skyrocket beyond our imaginations but on the closure this money is raised for ones own needs and particular purposes and if you reach such point then simply sell it.
Bitcoin will continue to rise in the coming ears but if you will wait for the highest value then you might need to wait for a very long period.
HabBear
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November 30, 2017, 09:53:58 PM
 #25

There's no point hodling forever - you should set a goal you want to achieve.

This is a sad, sad statement.

You're not into Bitcoin if you're only in it for a minute.

If everyone held forever, bitcoin would never grow.

Haha, great point, read this quote below:

I find it funny when people talk about "when will you sell your bitcoin?"

It's a mentality that marginalizes the value of Bitcoin. You sound like you just think Bitcoin is an investment. You sound like you're only in this for what you can grow your fiat wealth to.

If you're really committed to Bitcoin and the idea and the fundamental shift it presents to the world, the freedom of money (as we have freedom of ideas), then there is no "selling your Bitcoin". You are committed to the action of always holding Bitcoin...at least until you need to use it to buy something for your daily life. Maybe it's gas, maybe it's a house.

I don't think we'll see another 10x+ run in 2018. We need greater adoption among people to fuel another run like we've seen in 2017. The best thing for Bitcoin in 2018 is stabilizing its value at $10,000 or so. This demonstrates that Bitcoin is not in a bubble, that it's not a fraud, that it's not to be outlawed, as those in the press, wall street, and government are claiming right now.

If you're thinking about what's the right price to liquidate your Bitcoin for fiat you're missing the point

Bitcoin should always be held, unless you're broke. It does not mean that you don't spend. It means that if you believe in Bitcoin you should believe in it more than you believe in fiat and your money should be held in Bitcoin...until you need to spend it on goods and services.

What concerns me is why so many people see Bitcoin as merely a temporary investment.
KennyR
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November 30, 2017, 09:55:56 PM
 #26

What's more than that required. When the price reaches the quoted price surely I'll sell what I've in my wallet. This will let me make my life in a better way as well enjoy what I have made after long years. Hope such a growth will happen to fulfill my desire.

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tristan1960
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November 30, 2017, 09:58:21 PM
 #27

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.

This is a specific question changes for each of the traders and users. Some of the users aims $50,000 for next year while some of them aims $150,000 within 5 years.
chicobr
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November 30, 2017, 09:59:16 PM
 #28

I dont think that Bitcoin can rise to $100000. Therefore, I will sell when it reach $50,000
elie_s
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November 30, 2017, 10:38:29 PM
 #29

You can't ask this question coz everyone has his own opinion if u need the money sell them if u don't save them maybe later will double triple or go lower so it's up to u

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kendra1107
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November 30, 2017, 10:49:29 PM
 #30

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.
Bitcoin price has a trend of a factor of 10 every two years. In 2015/2016, price was $1000. In 2017, $10,000. So this is two years if you will count from 2015. Two years from now, probably $100,000. Another two years, $1,000,000. This would be year 2021 when that happens. Question is,  are you patient enough to wait that long? And are you willing to take the risk of holding to reach that point? It's all up to you...

Kelvinid
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November 30, 2017, 11:10:28 PM
 #31

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.
Bitcoin price has a trend of a factor of 10 every two years. In 2015/2016, price was $1000. In 2017, $10,000. So this is two years if you will count from 2015. Two years from now, probably $100,000. Another two years, $1,000,000. This would be year 2021 when that happens. Question is,  are you patient enough to wait that long? And are you willing to take the risk of holding to reach that point? It's all up to you...
Of course i will.But maybe a part of my bitcoin i am going to sell it to sustain my planned business here in the real world.And the rest of it will be kept and hold until it will reach the maximum bitcoin price.I'm sure it will really happen in due time.

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Barbarian
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November 30, 2017, 11:32:52 PM
 #32

I don't have much of bitcoin to sell it below $100,000 - and will probably do this one year after.
Still have some doubts.. Maybe $200,000 will be a better point?
Please give an advice, your opinion is important!!

PS. It's not a joke. Please be realistic while estimating..
Gonna bring up this topic close to X-Mas 2018.
I do not think you have the luxury to think about those prices yet, we just surpassed 10k and you want to sell at 200k? Obviously if we reached those prices I will sell my bitcoin and enjoy the rest of my life but there is a lot of road ahead of us before that day comes.
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December 02, 2017, 09:00:31 AM
 #33

I will sell if and when bitcoin can pay off my mortgage. There's no point hodling forever - you should set a goal you want to achieve.

I kind of agree with you, it's not important if bitcoin will reach 100,000 $ or 1,000,000 $ or even more, it depends of what you can do with that money once you have it. When I will be able to buy my apartment taxes included I think I will quit
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December 02, 2017, 09:54:56 AM
 #34



I only have a couple of dollars in my bitcoin wallet but if the price of bitcoin vs dollar is 100,000 i think that is good selling price you can buy many things if that happens.
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December 02, 2017, 10:03:05 AM
 #35

Well, this is a good question.
Nowadays the price of Bitcoin is continuously increasing,
And soon may reach the $100,000 mark.but speculations
are that it might not happen in a decade or never,
So it is ideals to cash out at 50k to 60k.
But if you have the resources to hold risk it and hold till 100k mark.then don't sell it.let it increase till atleast $300k.
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December 02, 2017, 10:06:09 AM
 #36

I would love to sell it at 100k but i do not think that someone will be able to buy it because 100k is a very big price and i do not think that a normal person with a normal salary would be able to buy such a expensive coin.
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December 02, 2017, 10:15:21 AM
 #37

I think it would be better if you can trade them with altcoin or fiat to increase your bitcoin day by day. So you don't need to wait for $100K or $200K, just buy at low and sell them when the price is rising. When you have reach the target, you can hold or sell them at any price that you want.
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December 02, 2017, 10:25:19 AM
 #38

The decision that you make to sell bitcoin is not easy at all. You sit while having dozens of thoughts whether to sell bitcoin at that price or hold it off until the price goes up. Since the rise and fall of the bitcoin is not predictable, you will be in a bad spot trying to come up with a wise decision.

In my humble opinion, I would not hesitate to sell it at 100k$ since it is so high. I learned to live my life without regrets. So either I make the right decision or not. Regret would cost you falling into depression.
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December 02, 2017, 10:35:14 AM
 #39

If it does reach $100k this year then I would want to hold it more most likely. Hold it for another year and see how much it grows within a year, that is if you don't need the money too because if you do then that is actually already a good amount to withdraw.
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December 02, 2017, 10:44:06 AM
 #40

There's no point hodling forever - you should set a goal you want to achieve.

This is a sad, sad statement.

You're not into Bitcoin if you're only in it for a minute.

In my opinion no one should sell all their coins ever. But I understand that some people just can't hold all BTC they have forever because I am one of those people. We need some cash for our daily needs and that's why we sell some BTC.

Even if Bitcoin hits $100,000 don't dump everything. Sell the amount equivalent to your needs for the next couple of weeks, a month max, and hold the rest. Who knows, maybe it will be $200,000 a month later.

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