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Question: Would you sell your BTC for $100,000 per coin and never go back to the game again?  (Voting closed: December 20, 2020, 02:52:16 PM)
Yes - 20 (27.4%)
No - 53 (72.6%)
Total Voters: 73

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Author Topic: Would you sell your BTC for $100 000, and never go back to the game again?  (Read 1031 times)
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acener
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December 16, 2020, 08:20:29 PM
 #61

If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

considering I don't have many bitcoin, even 1 bitcoin, I won't do that.
but, if I have at least 5 BTC, I will do it for sure (or maybe not really sure).
I think you need to state if we are still allowed to be involved in bitcoin or just simply don't own bitcoin. because, I still want to hang out around here, talking about blockchain and crypto.
cryptocurrency is an addiction, you can see many people collect useless token even it has no value.
Exactly the same answer that I was thinking but I still doubt that 5 BTC would be enough,
To be honest here I think that BTC have a chance on hitting that price but it would take so long.
But it would be a tough one if I have at least more than 10BTC maybe I could consider the offer and look for something else to invest but it would be hard for me knowing that crypto currencies are the future.

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December 16, 2020, 08:46:48 PM
 #62

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.

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December 17, 2020, 05:23:44 PM
 #63

If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

considering I don't have many bitcoin, even 1 bitcoin, I won't do that.
but, if I have at least 5 BTC, I will do it for sure (or maybe not really sure).
I think you need to state if we are still allowed to be involved in bitcoin or just simply don't own bitcoin. because, I still want to hang out around here, talking about blockchain and crypto.
cryptocurrency is an addiction, you can see many people collect useless token even it has no value.
Exactly the same answer that I was thinking but I still doubt that 5 BTC would be enough,
To be honest here I think that BTC have a chance on hitting that price but it would take so long.
But it would be a tough one if I have at least more than 10BTC maybe I could consider the offer and look for something else to invest but it would be hard for me knowing that crypto currencies are the future.

I live in a third world country, with the conditions that have been mentioned on this thread, it could be enough for me  Grin
with $500,000, I can split it into stock and property investment. I will get income yearly from dividend and monthly from renting the property  Grin
it would be a comfortable life (as far as I can imagine) for me.
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December 17, 2020, 05:58:15 PM
 #64

This is such an interesting Ultimatum that is somehow timely since we all know that there will be a moment in our lives that we really would stop using Bitcoin along with other Cryptocurrencies.

Imo, I would sell my Bitcoin for that kind of value since the value of that kind of money in our country is already enough to at least create a small business that would easy to sustain and produce enough profit for me to keep living day to day. This is not the fact that I'm turning my back on Bitcoin but creating something out of that knowledge I learned through out the years of learning and studying cryptocurrencies. I mean, I am gonna get old and I know that there would be a time in which I won't be able to pick up another electronic device that would help me access Cryptocurrencies so I guess my answer would be yes provided that I would get my plans right.

It's really a good decision for me to learn Cryptocurrencies but I really know that for myself, its not the kind of industry I will be staying.

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December 17, 2020, 06:05:32 PM
 #65

From my perspective, it is a very hard decision if you would accept the challenge that you will sell your bitcoin when its price hits $100,000 and never buy again because bitcoin is just like an endless stream that you don't know when will it end or what will be its last price. It is why you are missing a much better chances and opportunity in the future if you would stop buying bitcoin, even it takes a very long time for bitcoin to increase it's price.

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December 17, 2020, 09:29:30 PM
 #66

$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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December 17, 2020, 10:31:55 PM
 #67

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.

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December 17, 2020, 11:32:19 PM
 #68

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.
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December 17, 2020, 11:38:53 PM
 #69

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.

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.
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December 18, 2020, 05:14:30 AM
 #70

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!
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December 18, 2020, 11:07:11 PM
 #71

$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.

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December 18, 2020, 11:24:56 PM
 #72

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.

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December 18, 2020, 11:30:35 PM
 #73

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?  Grin Grin Grin
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December 18, 2020, 11:40:03 PM
 #74

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.
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December 18, 2020, 11:42:15 PM
 #75

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.
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December 19, 2020, 09:20:36 PM
 #76

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.

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December 19, 2020, 09:33:13 PM
 #77

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.
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December 19, 2020, 10:24:27 PM
 #78

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.

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December 19, 2020, 10:33:27 PM
 #79

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.
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December 19, 2020, 11:01:13 PM
 #80

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.

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