Will you still have bitcoins when the USD price hits $5000

[ScrapOfCat]

Pretty simple really.  Will you still be holding, or will you cash out before then.

[Dalmar]

Depends on the momentum, but I believe that the next bubble is likely bitcoin's final bubble.

[Ibian]

Since I'm withdrawing based on the SSS plan, I will always have bitcoins. They will also always be worth more than they were at the last price jump.

[seleme]

Yes, I will.

I'll sell a lot to finally afford myself a things and secure my financials but I'll always leave some, maybe 20-30% to trade with it when opportunity comes.

[TERA]

I will always have bitcoins, because I have a specific cold storage and altcoin-trading allocation of btc that I have committed to and am willing to lose. Every time I trade and a make a profit, I add some of the profits to this allocation.

[Sindelar1938]

Yes absolutely

[lyth0s]

I will also be doing something similar to the SSS plan and thus will also always have bitcoins.

[keewee]

Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely

[DiamondDust]

Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely

This. totally agree, better to keep them all and pay for stuff with bitcoin.

[600watt]

Pretty simple really.  Will you still be holding, or will you cash out before then.

this is a very essential question for those people that own 200 -1000 btc.
there is your exit out of the rat race.

how much money is "enough" for the rest of your life ? what is riskier - to miss a potential $ 10 k -50 k  btc price when cashing out or to lose a potential exit for good out of labour slavery by keeping your funds in that collapsed virtual nothingness once called bitcoin ?

it may be the most important decision of your lifetime.

i keep fooling myself that a $ 5000 price tag on btc would make me independant financially. problem is, if it will reach that level it will not do so overnight. there will be ups and downs, sunshine and despair. to win a poker tournament one usually have to go nearly bust on the way up, it may be the same way with this little btc game. so it is actually a very good question how to play it on the way up there.

the forums are full of early adopters who cashed out way too early and are bitter now and spit out hate.

maybe it is best to ask the guys who own 5000 - 10000 btc since they had to find an answer already. 

[billyjoeallen]

I will always hold BTC. If the price rises 10%, I sell 1%. Some day this may change where I will sell 5-9% for every 10% increase (relative to USD).

[SherdonIke]

Depends on the momentum, but I believe that the next bubble is likely bitcoin's final bubble.

Excuse me, I don't have a lot of experience in btc, so I am really curios what makes you think so?

[tinus42]

I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.

[medUSA]

I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.

This is exactly what I am thinking. I have so few bitcoins; cashing them out early wouldn't make my life any different, so I will just hold on to them until their fiat value does make a difference.

[Torque]

I don't have enough coins so that cashing out at $5000 would make a major difference in my life so I'll keep holding on them a little longer. Of course if the price was $50,000 it would be a much different situation.

This is exactly what I am thinking. I have so few bitcoins; cashing them out early wouldn't make my life any different, so I will just hold on to them until their fiat value does make a difference.

And this is exactly what everyone will do that feels the same way, now or even new adopters of bitcoin in the future.  And as the user base continues to grow exponentially over the next couple of years, what's to stop this line of thinking?  If you think about it, it is what we NEED to have happen in order for demand to continue to outstrip supply.  

You WANT that guy/girl in the near future to say, "Well I finally have 0.1 BTC, but it's not enough now to cash out at $100K/BTC to make my life any different.  So I'll just hold them until their fiat value does make a difference."  And so on, and so on, and...

[Dafar]

I'm holding til $10k/btc... then I'm out for good


too much stress

[hellscabane]

Sure, I'll have bitcoins when the BTC/USD rate hits $5000. I mean why wouldn't I?

Will it be as much as I have now? Probably not.

[podyx]

well. I think this thread proves how little of a clue most people have about bitcoin

[adamstgBit]

Absolutely. The thing is, if bitcoin is successful as a payment method there will be no need to cash out completely at all

ftfy

[Joe200]

What's the SSS plan?