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

[Mituletr]

I might sell a small part, and hope to make more profits for the rest.

[1714992035]

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[Janation]

There are a lot of things that I wanted to do but that fulfills one thing.

If the price ever reach that price and I am still alive at that time, that would be so amazing. It is because the fact that it reaches that price means a lot of people are using it. Maybe more companies invested in it and a lot of platforms are accepting it. That time, for sure, I could use Bitcoin as a currency online as almost all the online stores are accepting it.

[Latviand]

Simply, if now I know that BTC will exactly hit $1m in the future, I will buy more right now and hold it for several periods. However, we do not know when it will come. So, I personally just focus on the short investment for right now. taking small profits from the market price and continue to hold little by little for a long term inevstment

That's what makes bitcoin investment risky, you don't know when its price will grow up and down.

If bitcoin's price reached that's price then it only proves that nothing is impossible in bitcoin.

It means that it can reach any price depending on the market situation and we need to prepare so that we can seize the opportunity to make it profitable.

[raise001]

I will be happy if the price of bitcoin hits $1m in future. Because i had purchased few bitcoin for future consumption.

[Pattiefll]

If Bitcoin hits $1m in the future，I should sell part of it, donate part of it to those in need, and wait for the price to rise for the rest.

[Alucard1]

If we could see the future and we will know that bitcoin could hit $1m in the future then for sure a lot of people will buy now bitcoin and will keep holding until it reaches what they have expected that bitcoin could be but it is not that easy as that because we don't have any idea whether the bitcoin could go high or down.

But if this would happen in the future then the money that I could earn from it would be used for some of my needs and things that I want to have like creating a business, I won't even give it for charity because I don't have a huge amount of money.

[Connortu]

If Bitcoin hits $1m in the future,I will sell a part and wait for the price to increase for the rest.

[ice18]

Of course I will sell  maybe 80% of what I earned btc this past few months Its not that big but if the price will go to $1m then it will be 20x in usd value of what I owned now not bad at all but this will still change the question is why would a btc price will go that far enough? maybe something will happen in usd or another recession due to unpredictable happenings. 

[lienfaye]

It is indeed a dream come true if bitcoin hit $1m price in the future and thinking about the equivalent value of $1m in our currency, its unbelievable. So if ever it happened I dont want to be greedy and will choose to sell all of my bitcoin because its a huge value already (and I think its everyone's dream). I will take advantage the moment to take profit and buy back once there's a price correction.

Its nice to plan ahead if bitcoin price skyrocket but I wonder how long are we going to wait before it will become reality? Well there's a possibility to reach that value but it might take a long years if bitcoin is known and fully adopted of many countries.

[Lorence.xD]

If Bitcoin hits $1m in the future,I will sell a part and wait for the price to increase for the rest.

I wanted to sell everything when that hits, but this quote above made me consider my decisions. I might need to do some hodling after all. The only disadvantage of this kind of splitting the difference is that you won't be able to savor the most out of the all you bitcoin because you are leaving something to stay in your wallet hoping that the prices will grow higher than ever. To make a conservative yet not regrettable decision maybe doing 80-20 split will be my choice if it were to happen. Charity is the last thing in my list, I do not have the money and I can't take care of others if I can't take care of myself first.

[samputin]

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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.

If ever bitcoin reached that price, I don't think I'd sell all of my coins to cash. There's always hope, as you say. And we never know what the future will bring. So I'd still hold some bitcoin just so I won't go zero whatever happens.

Anyway, dnating to charity is a noble thing to do. And it's a good way of sharing others the blessings we have received. After all, it's better to give than to receive. And I'd also spend some of it to a business venture so that the money will still grow. Just this kind of things. I guess other things can be done as well but I guess I'll just think about it when such happens.

[LogitechMouse]

As the price of Bitcoin goes higher, the speed of adoption increases too.
As it goes higher, more and more will try to have access on it and best hold some of it.

Now if this happens, it will change my life completely and what I mean when I say change my life is that I'm financially free and I can buy things that I want. In reality, this is very far to happen or worst it will never happen. Lets be conservative first and lets wait for Bitcoin to reach $100,000 in the future then lets answer this again .

[AicecreaME]

Hopefully I do have a lot of Bitcoins when that happens, even 10 BTC are good enough to convert it if it will really hit that price because that's a real profits that could assure your everyday needs and future is in good hands already. But of course I will still keep earning more Bitcoin just to be in the safe side, because it is much better if you have a lot of money that you could sleep peacefully and not thinking where you are going to get money tomorrow to buy some foods.

[Kudrowet]

I can't imagine how many bitcoins I can have at that time. But if Bitcoin hits $1m in the future,I will sell part of it and wait for the price to rise for the others.

[cabron]

I will see and wait for the coins price to drop to $100K and then start my own business. I live my poor life since the time I was born I guess the chain will finally break that I can give my kids a bright future. As to what I would do, I will buy properties to manage myself like Airbnb. And perhaps invest to staking coins where I could earn passive incomes like the ETH, ADA and EOS.

[bakasabo]

I think that no many will hold their Bitcoins till its price hits $1m. Imo, many would sell their holdings as soon as Bitcoins price crosses $100k line. But those, who has something like 0.000012345 (not much, they simply forgot about their assets) will be only one who will truly hold till $1m. They will sell their assets, but wont be millionaires. I think Bitcoin is so far away from that price, so it will be reached only in my second life, so I cant answer what will I. But I'm more than sure that I will definitely sell and not continue to hold.

[blckhawk]

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.

Honestly, I wasn't so sure if Bitcoin will hit $1millions in the future because it is too good to be true but anyway, only time can tell. Well hypothetically, let say it happen I think will still like am doing right now hold for the meantime, and if the opportunity arises I will sell then buy again when it falls, just a cycle. If it really hits a million a lot of individuals become millionaires especially those early adopters. Donating to a charity is a good thing probably I might do that when it happens 'cause I wanted to help anyone in need.

[Asuspawer09]

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.

Probably I cant just hold bitcoin forever, it's my investment but in the end, it's a currency, and I would probably spend it if I think that I made a big profit already from it.

Yes, we could still expect the market price to continue to pump in more years even if the market price is already 1M$ but at some point, it would not make sense to me if I will not use it at all and just invest.

Maybe my sons or my family could use it in the future, but I guess we invest money in bitcoin for the future and make a profit in that investment so that we have the funds in case we get an emergency.

[Coinsfera]

The important thing is not what amount it will reach. The important thing is the value it will gain over time. When decentralized digital currency such as Bitcoin is needed, and its value reaches incredible numbers, people will use it for its true purpose rather than holding it.

[SaShiRaJaVu]

The only worry that i have right now is that i need to accumulate the coins before it touches those valuation, i have no hopes of those in the near future considering the impractical transaction charges you need to shell out if the price of bitcoin reaches those levels. You need to have some logic in terms of scaling before the price starts these unprecedented valuations.