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

[Kittygalore]

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.

It will be a good decision to sell it at that price point, in my country, $1,000,000 is a lot of money which means that if you have some considerable amount of bitcoin then you might as well take the opportunity to sell it, its not like the money will be going into something wasteful such as luxuries and desires. Waiting for your family member to use it is not the best thing because you are the one that knows the most in and outs in bitcoin which means that you are the most capable in navigating, not to mention that your offspring might not be interested in becoming part of bitcoin community.

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[gurunanakji777]

I will definitely sell my bitcoin if it hits $1 million USD. I will not greed for more even after selling BTC if it retraces 30% I will buy back BTC again otherwise will not buy again and one must do some charity to those who are in need if anyone made a huge profit and should thankful to God as well.

[traderethereum]

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 will sell my bitcoin, but not all of the amounts, because I want to hold the rest of the bitcoin and not go to sell for some years later.
Besides selling some amount, I will prepare that money to buy bitcoin at another dip because I am sure the price will go down, and it can drop too deep.
I do not want to hold my bitcoin, but I want to profit from bitcoin, and if we only hold it without selling bitcoin, how we can enjoy our profit.
I will donate some money to charity because if we can share some with others, we will get the other things that will also benefit us.
We can not just hold our money without share to other people who needed because that will make your money gone fast without you realize.

[rodskee]

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.

Well the sad thing is mostly i am seeing this word HODL from Bounty hunters that has just posting for the sake of payments and not a considerable investor.

but asking me what will i Do if ever Bitcoin Hit 1 Million dollar? since i have enough Holding , maybe i will focus myself in real world investing, not meaning i will leave crypto but i will surely take half or more of my funds to use in real life thing.

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.

Also 1 million is more than enough for me to cash out , Unless that time Bitcoin will become the World currency then plan must be change as well.

[mich]

Well thats really 1 heck of a price prediction if I have ever seen one I must admit.  But why stop at 1m when we can fantasize about 10m Bitcoin.
It is best to only consider real price predictions when it comes to Bitcoin and not get over excited for prices that arent realistic. 
Just based on market cap alone this price will never happen.

[kryptqnick]

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.

If that truly happens, I think I'll have enough money to buy a flat based on my current holdings in BTC. So that's probably what I would do because paying the rent every month is a significant financial burden. If I can buy it directly with BTC, I'd be happy to do so. If I cannot, I guess I'll have to sell it for fiat over some time to actually benefit from it. I hope my country figures out how to use BTC perfectly legal by then (right now it's not illegal, and there are lots of crypto users here, but there are no regulations either, so getting suddenly big sums of cash out of nowhere would be considered suspicious and might get one in trouble).

[Jemzx00]

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.

I don't understand why you'll wait for the price to drop to $100k to start a business when you should have started your business when it's on the ATH as you'll have more money to invest with and start your business. Anyway, If bitcoin reaches 1m$ and dump at a $100k then we might see it's price to be stable at that range instead of a million as a massive drop of 90% is way too high.
As for answering the OP if bitcoin reaches $1m, I would sold half of my coins then hold for the other half for further investment on bitcoin and other cryptocurrencies. The half that I will see will be put on properties and investment such as franchise and many more. With this, I will still be on crypto while having a passive income on the my investments.

[taufik123]

I will definitely sell my bitcoin if it hits $1 million USD. I will not greed for more even after selling BTC if it retraces 30% I will buy back BTC again otherwise will not buy again and one must do some charity to those who are in need if anyone made a huge profit and should thankful to God as well.

Are you sure?
But before the $ 1 million price is reached, will you be able to hold it until that price is reached. I think the answer is of course no. you will not be able to resist your urge to sell Bitcoin on new ATH again. $ 1 million is an unrealistic price, don't get your hopes up to hit that price. Reaching the price of $ 100k alone would be awesome if it ever did.

[yazher]

Well thats really 1 heck of a price prediction if I have ever seen one I must admit.  But why stop at 1m when we can fantasize about 10m Bitcoin.
It is best to only consider real price predictions when it comes to Bitcoin and not get over excited for prices that arent realistic. 
Just based on market cap alone this price will never happen.

For now, let's just think of it as 1m after that we can fantasize up to how much we want. If ever the price will be reached up that high I'm sure there are lots of people who will become millionaires as well or will become billionaires to the others who managed to hodl as much as they can. Nothing is impossible for that to happen in regards to the flow of the price in the market today, who knows in the next 10 years we will see it reach up to that high? Maybe there are some doubts in the hearts of the other big companies today that's why we don't see the price of bitcoins reach $50k this month. But after they cleared it out, I'm sure we will see another green market that most of us like to see.

[In the silence]

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.

Because of this pandemic, the dollar weakens and we will witness more of its collapsing. Im starting to believe that bitcoin might be worth 1$M in the long term. I believe that the declining of usd is not because of the printing of stimulus but a more impact cause by bitcoin.

If i was an early adopter, i might not be here. I maybe partying in an island cashless.

[Wawa2013]

I firmly believe Bitcoin will hit a price of $ 1M in the future, so if it were to be true that Bitcoin hit $ 1M. What I will do is sell all the Bitcoin that I have,
and 70% of the proceeds from selling Bitcoin will be bought for other assets. Like Gold, stocks market and real estate. The remaining 30% of the proceeds
from selling Bitcoin will be stored in stable coins, waiting for the Bitcoin price to drop again to $ 50k. Then I will convert the stable coins that I have
into Bitcoin, so if Bitcoin goes back up to $ 1M, I can take profit again.

[worle1bm]

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 btc hit that much price one most important thing is that I am not too old at that time to enjoy life to the fullest and other that I don't lose private keys to my wallets😁 so that I could also say that I am millionaire because I don't own much of them at now.But my plans are to invest some of my funds in btc at current prices so that I would not regret in the long run and instead of that enjoy my profits. If the prices reach you expected levels I would do everything like adventure trips,playing casino in LA,owning a bunglow in Miami,or everything that I have imagined in my wild dreams but who knows when dreams come true and btc is one of tge way which help you to fulfill your dreams.Hope for the best.

[finaleshot2016]

Assuming that I will invest half of my assets, and we reached a new ATH which is $1m in the future then I'll probably sell it and buy many lots and make a business to maintain my profit. Tbh, $1m is very possible as we know that it increases as time goes by and we already saw its potential. There will be many millionaires when that time comes but I don't think it has a good effect on the economy. Well, don't wanna talk about the future because if we talk about it, we should talk about the effects of those we imagine.

[Swopon]

It will be the greatest time for all the BTC users because everyone wants to get more or profit and wants to reach the position that never reaches before. So it will be the celebration time for all BTC users.

[sapnu]

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.

First, I'll hope that I have high amount of holdings when that happens cause all I will ever do when that time comes and I have no holdings is to regret all of it. I will assess and see if there's a possibility that the value will still increase and if I think the next thing that's gonna happen is a sudden dump, I'll convert it to cash right away and put it into other potential investments. I will fulfill all of may dreams first and if I have plenty of money left after that, I will reach out to those who needs help. I will also try to build my own business so my income wouldn't stop on coming as time passes by.

[Hobo66]

If bitcoin price touch 1 million or go down to 1$ i will always check market. How market are going and if i find hild will profitable i will hold otherwise sell it to get profit.
1m is very high and i will start my business to keep secure and continue my non stop earning.

[Casdinyard]

Will probably regret selling last year. No, definitely would regret doing so.

If bitcoin price touch 1 million or go down to 1$ i will always check market. How market are going and if i find hild will profitable i will hold otherwise sell it to get profit.
1m is very high and i will start my business to keep secure and continue my non stop earning.

How will you foresee such thing? Imagine a currency will have such expensive market value. A currency having no physical appearance. A currency which is decentralized as we all know. Ofcourse if this would come to reality, the smallest population will be the only ones to know. It is easy to say "I am one of those who believe that it's market value will be - - - - - - - someday", but not all people could really anticipate and be patient until that day come, which is the truth.

[DarkDays]

This is something that can't happen overnight. 1$ is a lot and it will be a step by step increase. I suppose anybody who don't own BTC by then will think why they did not buy it when it was 30K or 50K, but the truth is that we don't know when to buy to avoid getting wrecked.
Unless you buy for the long, long term, it is almost like a gamble.

[Abiky]

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.

Agree. Prices reflect the level of adoption of a specific cryptocurrency in the mainstream world. The higher the price, the more the demand will be. Bitcoin being valued at $1m per coin, means that it would've already reached widespread adoption worldwide. How long this will take, will greatly depend on developers' and individuals' efforts as a whole. First, Bitcoin is going to need to solve scalability issues to become adopted by as much people as possible. Only then, we'll see higher prices on the market. Fortunately, the Lightning Network is under heavy development to make this a reality. But its complexity and instability, makes people look elsewhere. If this keeps up, we might never see the day where Bitcoin hits $1m during our lifetimes. Maybe in the distant future, this will come true?

Regardless of Bitcoin's price, what matters is its level of usefulness. As long as Bitcoin delivers as intended by being a decentralized and censorship-resistant money, nothing else matters. Remember, 1 Bitcoin will be always equal to 1 Bitcoin no matter what. Bitcoin's value is determined in Fiat only for speculative purposes. After all, it's the unit of account in the mainstream world. If we were to use Bitcoin directly without ever having to convert it to Fiat, then prices wouldn't matter at all. You would just determine the value of anything using Bitcoin as a unit of account instead of Fiat. But not many people are willing to do this, since basically everything revolves around Fiat. Just my opinion

[MishaSER]

Will probably regret selling last year. No, definitely would regret doing so.

If bitcoin price touch 1 million or go down to 1$ i will always check market. How market are going and if i find hild will profitable i will hold otherwise sell it to get profit.
1m is very high and i will start my business to keep secure and continue my non stop earning.

How will you foresee such thing? Imagine a currency will have such expensive market value. A currency having no physical appearance. A currency which is decentralized as we all know. Ofcourse if this would come to reality, the smallest population will be the only ones to know. It is easy to say "I am one of those who believe that it's market value will be - - - - - - - someday", but not all people could really anticipate and be patient until that day come, which is the truth.

And you can imagine what restrictions will appear, I think that governments will go crazy from such a course, as it seems to me it will be chaos.