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Author Topic: Where would you sell if you had bought 10 Bitcoin at $100?  (Read 1069 times)
Ibrahim60
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March 12, 2021, 07:40:33 PM
 #81

It is so much tough to predict on a coin that this coin price will increase 500x. Every investors are selling their tokens when its price increase 2x, 3x or 4x. Somehow more than that. But when a coin price will increase 10x, 15x or more then no one hold it. Everybody wants to make profit. No one will get risk. Because Crypto currency Price up and down Everytime. So this is not possible that a man who buy Bitcoin by 100$ and hold those till now.

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March 12, 2021, 07:51:33 PM
 #82

I can pretty much tell you what I'd do because my cheapest bitcoins costed around $500 each. I held in 2017, 2018, 2019... I'm holding now. I know your chart is just a fun representation but I did not need that new bike, a trip, I did not want my account to look good. I sold near every peak just to have some money for fun stuff. For instance, in 2017 I got myself a new computer and a surround system, in 2019 when we had that fakeout to 14k I sold some and later got a new car and a TV. In 2020, I bought a new computer again, some home appliances... That said I kept about 80% of coins I've accumulated in 2015 and 2016. I'd do the same if I had $100 coins.

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March 12, 2021, 07:59:27 PM
 #83

If I don't need then I will never sell my Bitcoin
Very few people can do it like you, if someone buys bitcoin when it costs $ 100 they will be hard to keep when bitcoin reaches $ 1000 or $ 2000. A few% returns is already a very good one, here we are talking 10x or 20x returns.


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March 12, 2021, 08:00:36 PM
 #84

If I don't need then I will never sell my Bitcoin
Very few people can do it like you, if someone buys bitcoin when it costs $ 100 they will be hard to keep when bitcoin reaches $ 1000 or $ 2000. A few% returns is already a very good one, here we are talking 10x or 20x returns.
Exactly! Not all would really be having that kind of hodler mind this is why im really amazed to those people even up to this day do able to held off their coins without spending or selling out even a piece
or amount even up to this moment which does really shows off some serious dedication and will power on sticking out on selling it on the right time but actually the current prices at the moment
is already a considerable point for you to make out some fortune because i would really be on fear to miss it out because crash could really happen from time to time which would really be resulting
on missing out the opportunity but well, we do have different goals and targets in life so i cant really blame out other people on having this kind of behavior.

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March 13, 2021, 01:15:49 PM
 #85

I will sell bitcoins according to my needs, and not all even though now it has reached 50k $ more I still hold my Bitcoin, and if bitcoin goes down maybe I will sell some more so as not to experience more regret why not sell when the price is high

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March 13, 2021, 02:16:14 PM
 #86

~
From $100?
That chart for me would be a bit less labeled and I could've sold a bit only two times at max a year.
I won't go all in always when I sell, because that's like me exiting already crypto.

If every coins has their own id, there would still be some left from the past that I still hodl til this day. Wink
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March 14, 2021, 01:19:33 AM
 #87

If people who bought ten btc at l00 dollars each and still kept it, wouldn't it make sense to continue to hold if you could still pay your life expenses?
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March 14, 2021, 11:59:57 AM
 #88

I will sell 5 Bitcoin at $100,000, 1 at $300,000, 2 at $500,000 and the remaining at $1,000,000. I will reinvest part of the proceeds in some other altcoins. But, if I see a good dip in the market, I will buy bitcoin back. If bear market comes along the lines, I will fill my bags with Bitcoin and wonderful altcoins.
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March 14, 2021, 12:02:56 PM
 #89

Where or when?

it's actually easy to decide where to sell but it's hard to decide when because we always want more.
The only answer is not definite because we have to convince ourselves that we are already satisfied before we sell our bitcoin.

When it comes to selling, just don't sell in one exchange, or you can just spread the transaction like 1/2 btc per transaction and make sure you'll share it in a reputable exchange/s, that's the way to minimize the risk.

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March 14, 2021, 02:20:50 PM
 #90

In my opinion, those who have bitcoin even though $ 100 have been sold, especially in 2017 which he thinks is the highest price of all time and thinks he has made a big profit and whatever he wants can be owned.
And if I had 10 bitcoins and bought them when they were $ 100 and still have them now, it's like a dream because I'm here to be able to support myself and my family and definitely buy whatever I want, luxury homes, cars and luxury amenities.


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March 14, 2021, 02:48:06 PM
 #91

For me if I had bought 100 bitcoin at $100 to be sincere it will be a bit hard to hold for such a very long time because I will be tempted to sell when I see a new all time high in prices, so what I would do is since it's 100 when there is a big pump in the market I will take out my capital, assuming I bought at $100 and it's pumped to $200 I will take out my capital of $1000 and let the remaining to flow since it's just my profit then any time there is another pump I will just take out a little portion of it to sell and used for my needs, I will never sell all of it I will just take out little profits when there is a pump.

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March 14, 2021, 04:10:09 PM
 #92

The problem isn't where to sell 10 btc, you can do it in a big exchange but the problem comes when you try to justify the $600,000 in your bank account. Of sure that amount will trigger the alerts in the bank and they will ask you to justify it. If they decide the source was illegal then they can freeze your bank account. So, there is a risk for users if they try it, they must verify all is clear with the taxes and banks before they proceed with the transaction.

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March 14, 2021, 09:00:18 PM
 #93

If I bought Bitcoin at $100 then I must sell it with a profit and I can't fix it right now. Because I already knew about it. If I compare it with a fully unknown version then I maybe sell it with 2x, 3x or more profit which I am doing with altcoins too. If it remains unseen to me till then, how can I will wait for a long time. If I have any clue of getting pump then I will wait for it.

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March 14, 2021, 09:31:59 PM
 #94

some would have sold off many early and later regretted it. only few people who bought at this price are still holding. if i bought at that price would have being a good opportunity and i would have probably kept at least one of them till forever. the truth is that people who bought higher than this price would make better profit than the early adopters.
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March 14, 2021, 10:10:38 PM
 #95

With so many crypto assets already and ready to be adopted, I will definitely sell around 3 BTC and store the rest. From the 3 btc I would later buy other crypto assets from the moment bear season comes. ETH or binance are good choices.

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March 14, 2021, 11:16:13 PM
 #96

I'm not too patient or greedy, so if it were possible to buy bitcoin at $ 100, I would probably sell when it goes up to 200.
That's mostly the reaction of everybody during the early days. As for me around $500 if I'm becoming greedy but it would be hard to see that happen on those days.
I wonder how many of those people who had bought during those prices managed not to sell even a single bitcoin. Because me, I've sold many times when I consider it high but looking at it today, they're cheap prices.

 
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March 14, 2021, 11:34:23 PM
 #97

Nobody expected that Bitcoin will made it this far, early Bitcoin investors would’ve have sold it if it reached 5x or 10x because during its early period its future is unclear because of different issues including regulations. Now that most of us realise its potential I don’t think that people made past mistakes will repeat it again and again.

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March 15, 2021, 12:22:17 AM
 #98

Nobody expected that Bitcoin will made it this far, early Bitcoin investors would’ve have sold it if it reached 5x or 10x because during its early period its future is unclear because of different issues including regulations. Now that most of us realise its potential I don’t think that people made past mistakes will repeat it again and again.

not true .i got my hoard in 2012. when they were only $6 each... i havnt sold yet.
i personally havnt set myself an exit price.

i actually find it easier to hold and not play now then i did back then

..
in 2012 i was playing with 100% of my hoard. i was day-trading it to increase my hoard
in 2013 when it went to $120/btc(20x) i only played with 10% of my hoard.
last year i played with less than 2% of my hoard.
this year not even 1%

any profits i make i convert to fiat and thats now been my (young)retirement income.. my 98% ill just let it stay where it is untouched

with the profits i make playing with small % i can live comfortably and not need to worry. its more then repaid my initial investment. so i dont keep track of the combined $ value of my hoard.. i just mess around and play with my <1% play money.

in short. i have no exit price in mind. its more of a 'when i cant be bothered with bitcoin anymore. ill leave'

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 19, 2021, 05:29:23 AM
 #99

Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold? For the purposes of this fun simulation, let's assume that you'd bought 10 BTC at $100, a mere $1000 total investment, which is not much by any means, even teenagers with their pocket money can invest that king of money (true story, a lot of those Lambo youths are such examples).

https://www.tradingview.com/chart/BTCUSD/25zPhzmI-BITCOIN-What-if-you-had-bought-at-100-Would-you-have-held/


If I did invest that amount of money in Bitcoin at $100, I don’t think I am going to be selling it just to buy a bike or just for a trip to Hawaii or whatever, not even for a car, seriously that’s not going to make any sense to me. First of all I already had a business I was doing before I got to discover Bitcoin and I am still doing that business up till now and with the help of my earnings through Bitcoin I have been able to move that business from a small business to a bigger one.

So, if I invested at that rate, I will only sell to invest in my business, or the mortgage you said or retirement and financial freedom, those three are better than selling to buy a bike and car.
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March 19, 2021, 05:50:35 AM
 #100

Truth be told and to separate me from people who pretends to say that I will hodl it until this point which is clearly just a hindsight, if I bought at that price, I would be pretty naïve and will sell when the prices go up more than my investment, it could be between 150$ or 1000$ because I didn't know that bitcoin would grow in prices like the present.

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