What will you do if Bitcoin hits $1m in the future?

[conected]

It will never hit $1m in the future. That is what you would expect an 8 yo kid to ask.

I know bitcoin reaching $1m seems unrealistic right now, but how sure are you that it's never going to get there?, remember those who sold bitcoin at $1 back then never believed it would be able to reach $64,000 per bitcoin, the world is full of possibilities likewise the crypto space, anything can skyrocket at any point in time, maybe in the next 10yrs from now, it could get there would knows, but never say never.

- This fictional idea is likely to happen but the level of reality to complete is not that high, I know how bitcoin's past affects your thinking when looking at the future but I need you to rate the nature of the problem in its fairest measure. A few dollars or less can still rise to a few hundred dollars is very common in crypto, BNB is a magic story in the same way, but the difference between a few tens of thousands of dollars and a million dollars is huge, such different levels give us real insight into the problem, the rate is almost impossible and probably never happens.

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[Abiky]

I have very little bitcoin at the moment. I have sold most of what Bitcoin was after the price of Bitcoin reached $62k, I want to buy it again if the market is dumping. Bitcoin may hit $1 million a day, but I think it will take a long time. I will not sell the whole bitcoin even when the bitcoin is $1 million, I must leave a part in the hope of making more profit in the future.

Whenever you see the opportunity to sell Bitcoin for profit, don't hold back. Otherwise, you'll regret yourself once Bitcoin goes all the way down the drain (temporarily, of course). You'd be lucky if you manage to "hodl" your Bitcoin now until it reaches $1m in the future. One would guess that most early Bitcoin holders will become extremely wealthy with a 1,000% increase in price. It's all a matter of buying low and selling high in order to maintain financial stability. Who knows how much Bitcoin will be worth in a decade or two from now?

Nonetheless, we have to admit that Bitcoin's price relative to Fiat is not as important as the utility the coin provides to people in the mainstream world. As long as Bitcoin is useful, nothing else matters. Remember, Bitcoin was created as an alternative to the current monetary system. Decentralization is all that matters for one to achieve true financial sovereignty. Take that away from Bitcoin, and you'd get nothing more than a worthless coin with no future. Just my thoughts

[Momoamzad]

I sold already some bitcoin and I am holding some BTC. It already hits $62k . So if it can reach at $1 million than max holder will be rich and lucky. I am going to buy some if bitcoin dump again. May be I will be one of the richest among them.

[markdario112616]

Just my one cent, Tbh, I won't wait for it to reach that amount. Instead, Ill focus on how should I reach or attain that amount (my own money). As of the moment, Bitcoin reaching a $1m mark is far from reality but not impossible. For now I'd rather stick on my gameplan and keep my eye on the goal.


But to answer OP, I would re-invest 60-70% of my coins and the rest will go to my savings and other stuffs. Having a thought of it, Converting a $1m to philippine pesos it would reach an estimated amount of 50m pesos. Having that kind of money here would be a lot. Considered as rich as of today  

[Gamerholic]

I'll just sell my bitcoin crumbs and start some kind of business in the real sector. I will write a book "How I bought bitcoin for 3 thousand dollars." I will send my parents to rest on a trip around the world. I will buy real estate for children. I'll open a bakery and bake B-shaped buns there. I'm getting married a second time, but after I have spent everything! I will find 10 more projects and invest the rest in their tokens when they hold the ICO. Something like this - the first thing that came to mind.

[andthereyou]

I am not really into Bitcoin but I believe that when bitcoin hits $1m.Then the other altcoins I hold will skyrocket. So I think I will do travel to other countries I have not visited.

[Issa56]

Have been holding bitcoin for the past few years and currently am in a very hug profit but am not really ready to sell of my bitcoin I know bitcoin price is still very low and I believe it is going to do much more better in the future. If bitcoin can hit $1m i will definitely sell of all my bitcoin and  look for another altcoin that I believe will definitely do very well in the future and invest part of my profit in that and then I  will start a physical business which I believe can sustain me for a lifetime.

[giantrobot]

Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

I invested Bitcoin to get rich so I would be happy if Bitcoin reached 1 million USD. I hope Bitcoin prices will be higher as high as possible. I will sell half and retain half of your Bitcoin to get cash. The profit earned I would do charity to help people in difficult circumstances.

[malikg18]

What will you do if Bitcoin hits 3000 dollar in the future?

There are less chances that Bitcoin can hit 3000$.But it is crypto Anything can happen in this cypto field. But suppose at 3000 level I will accumulate more as I can.Let's see.

[Mistafreeze]

It will never hit $1m in the future. That is what you would expect an 8 yo kid to ask.

The same was said of bitcoin 8 years ago when it was $0.05 someone predicted it would hit $1, he was labelled a clown on Reddit, today bitcoin is worth $60k, do not underestimate the power of bitcoin it only goes up in years to come we might live witness the $1m price. Nothing is impossible.

[Ibrahim60]

If bitcoin price will hit $1m in the future then I can't do anything. Because i have not enough money to buy 1 or 2 or more bitcoin for long term investment. When bitcoin price will hit $1m then those person can do anything he wants by money who have enough money to buy some bitcoin now. And I'm believe that bitcoin will hit $1m because it is a potential and good coin.

[Ibrahim60]

What will you do if Bitcoin hits 3000 dollar in the future?

There are less chances that Bitcoin can hit 3000$.But it is crypto Anything can happen in this cypto field. But suppose at 3000 level I will accumulate more as I can.Let's see.

In my opinion there are no chance of dumping bitcoin price to $3k. This will never happen. Though bitcoin is a Crypto currency but this coin is not like other currency that increase enormously and also decrease enormously. This will be just a dream nothing else. Keep dreaming that bitcoin price get down $3k. 

[gabriela1999]

If Bitcoin reached a million dollars. I think it will no longer have a person holding Bitcoin. They will sell them when they reach 200k $. One million dollars for 1 Bitcoin is too big. The number of people waiting for perhaps 100k $ / BTC this year

[cydrix]

I'll be damned if that happens. I'll also doubt it will happen in the first place because of so many corrections that may take place when the time comes. Just in case I'll also be holding some of my coins in a ledger for a long time just for safekeeping I guess.

[acener]

Nothing I don't even know how many Sat's or BTC would I have when that time comes so I don't know what I would do.
I would just celebrate as any crypto people would do it is another achievement so we would surely celebrate it when it happens no matter how much BTC we have.

[Jacksoon999]

$1Million is far from the reality but bitcoin is volatile so on the other hand, who knows it might be happen. If ever it will happen, I think many bitcoin enthusiast will become rich if they know how to handle their bitcoin. For, if I have even 1 bitcoin and then that will happen that the bitcoins value will hit that $1M, I'm going to help the poor among the poorest in our place because you will not bring your wealth or bitcoin if you die, so, much better if you extend your helping hands to others.So if I have 1 BTC and if it is $1 million in the future I will give the poor...

[JohnBitCo]

$1Million is far from the reality but bitcoin is volatile so on the other hand, who knows it might be happen. If ever it will happen, I think many bitcoin enthusiast will become rich if they know how to handle their bitcoin. For, if I have even 1 bitcoin and then that will happen that the bitcoins value will hit that $1M, I'm going to help the poor among the poorest in our place because you will not bring your wealth or bitcoin if you die, so, much better if you extend your helping hands to others.So if I have 1 BTC and if it is $1 million in the future I will give the poor...

Perhaps bitcoin will reach $1Million in 10 years or so. I can't decide what will i do if bitcoin reached that milestone. A lot depends on how much bitcoin will i be holding at that time. I do hope that i hold alteast one bitcoin at that very moment and if that happens then i would be a billionaire. 

[UKprod]

If I knew that BTC will be hitting $1m in the future I will buy BTC with the rest of my savings

To be honest, I hold only 30,000 satoshis which is a very small amount of BTC. Even with BTC hitting $1m my BTC will be worth only $300. Therefore, I would rather hold on to it.

I really wish I  had started out on BTC collection much earlier than I actually did. 

[ILuckyGuyI]

If it hits 1 million dollars in the future, I would sell most of my coins and become rich.    And after that, maybe I would invest in different coins a little just for fun. Because I don't see any point to continue HODLing after getting very rich.

[NeverSop]

While bitcoin is moving sideways today, it seems interesting to predict this in an abstract and a bit of a sense of humor.  When bitcoin reaches 1M$ in the future, I will definitely buy land in Mars. 
Or choose a place with some of the most beautiful wonders in the world and enjoy.  Lol