CryptopreneurBrainboss
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February 22, 2021, 10:44:14 PM |
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I'm hodling since 2013 and I wouldn't sell based on this graph. I think we will see a lot of weak hands at $100K.
Doubt It would had still be having the same amount of coins I had back when I invested into the market at that particular price. Probably I'll be short or have more bags to my wallet as a result of selling and been opportuned to buy when the market experience some retraccing. This doesn't mean I would be become or be an active trader. The $10k milestone would had been my greatest temptation as it mean a return of investment of over 100x. That's such a deal that anymore it's been given should be celebrated.
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Rengga Jati
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February 22, 2021, 11:44:39 PM |
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If I bought 10BTC at $100 at that time? And how about now? Absolutely, I have sold the BTC step by step. I am not a long-term holder. I prefer to take the profits in the certain target. Probably I have sold some of them and of course, still, leave some percentage to hold again, or use the profits to buy more BTC again and take profits. I don't want to risk my funds only by holding them again and again because I am not a good holder. So, why not sell some of them and leaving some for the next hold? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That is fresh money and if having good profits, why not selling it now by some percentage?
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Casdinyard
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February 22, 2021, 11:58:18 PM |
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Selling at this moment would already be profitable for sure given the price difference. But to be realistic, I think I won't make it, holding for that long, going through many ups and downs in this market, and I bet many investors would also struggle. We have seen such thing over the past years. Many of us believed that holding is the best thing to do but when a huge correction occurred, many people started to exit their investment to cut their losses. It is just not as easy as it may sound. You'll be numb if you won't feel any pressure holding 10Bitcoin at $100 for years, until it reached $50k just look at the price gap.
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Wawa2013
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February 23, 2021, 12:31:00 AM |
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If I look at the current Bitcoin price that has managed to rise above $ 50k, I would really like to buy a lot of Bitcoin when the price is $ 100. But I can't go back to the past, so I do have to think realistically. Then regarding the question when I will sell the 10 BTC purchased when the price is $ 100. I believe most of it will be sold after making a profit, most of them were sold entirely when the price reached ATH in 2017. Because ATH in 2017 it was quite a phenomenal increase in my opinion. Maybe there are still some holders who are still HODL until now, but I'm sure the number is very small.
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snipie
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February 24, 2021, 08:43:16 PM |
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Today 10 BTC costs you a fortune. If I possessed such amount of BTC now I think I've already sold one of it when BTC made ATH 58 000 to live for several next years in a good life of a middle class person who can afford not to economize on whatever to pay for bills.
Same I would definitely sold 1 BTC but progressively from $30k to $59k then few months later I will regret doing it for half the price ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Oasisman
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February 24, 2021, 09:07:48 PM |
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I believe most of it will be sold after making a profit, most of them were sold entirely when the price reached ATH in 2017. Because ATH in 2017 it was quite a phenomenal increase in my opinion. Maybe there are still some holders who are still HODL until now, but I'm sure the number is very small.
Well, the most realistic one is when the Btc price reached $1,000+ I guess everyone will be selling after making a 100% profit. If you are able to Hodl until the 2017 ATH, then you're considered as a Bitcoin believer/enthusiast, but some is able to Hodl this far, from $100 up to this very moment, I don't know what should I call him or how much would be his target. Pretty sure, If a person would be ask " what would you do when you can get back in time?" 2 out of 10 would buy Bitcoin in 2010.
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Bitcoinislife09
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Diamond Hands 💎HODL
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February 24, 2021, 09:14:28 PM |
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It's really difficult to believe that they didn't sell their bitcoin or maybe some just forget about their investment in years and then just suddenly know about it again when bitcoin is a trend again because it already reaches a high price like when it 20k$ or today like 58k$ but it's different when your a day trader since you are always updated to what news about bitcoin and other altcoins in the market. I assume at some point of their HOLD they need some funds maybe or probably they need to sell some bitcoin because they need to make sure some of the profit like 100$ and now it 1000$ I assume they sell at least 1 bitcoin but still do not really sell everything unless they just invest and invest in years and then sell everything one time.
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oktana
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February 24, 2021, 09:35:44 PM |
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Right now? No way in hell would I sell it.
Are you saying this because you've realized how much bitcoin has amount to? TBH, I think a lot of us would have sold long long before now. Maybe when it was $1,000. Because back then, buying 100$ and selling at 1,000$ is quite significant.
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Sayeds56 (OP)
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stead.builders
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February 28, 2021, 04:16:06 AM |
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Right now? No way in hell would I sell it.
Are you saying this because you've realized how much bitcoin has amount to? TBH, I think a lot of us would have sold long long before now. Maybe when it was $1,000. Because back then, buying 100$ and selling at 1,000$ is quite significant. True. We all get tempted to sell it when BTC or any other asset goes 10X or more. It is quite natural and we all follow our Heart. I have been trading in almost all markets from Forex, commodity, stocks to Crypto and my learning is as follows: Quality assets like BTC , Apple, Microsoft and Tesla stocks are not meant to be sold they are worth holding as long as you can unless you are in dire need to sell them to meet your Cash needs. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwDgbY2I.jpg&t=665&c=t-3rAbUVf883_w)
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Ewox
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February 28, 2021, 04:45:01 AM |
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If that’d happen to me and bought it at that amount I would probably hold 85% of it and sell 15% to pay for my daughter’s college tuition and probably buy another insurance for her too. And probably sold them at Binance for sure. 😅
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best123
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February 28, 2021, 05:38:41 AM |
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50k won't be bad for me. There is no business investment of $100 for the past 10 -15 that increased to $20,000. So , any body that sold at rate of $10,000 is amazing too.
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Silberman
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February 28, 2021, 06:03:02 AM |
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I would have held and taking into account everything that I know I will probably be in the position of never having to sell my coins, depending where you live 10BTC is a nice amount of money or enough money to change your life, and if we also consider that as the price keeps increasing you have an even lesser need to sell your coins as you can sell just a fragment and have a lot of money already, I think that a great deal of the members of the forum would have been able to hold their coins too as a great deal of the members here are not only in it for the money but are also interested on the technology itself.
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777Jolami
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February 28, 2021, 06:09:15 AM |
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It's hard to imagine owning 10 bitcoins for $ 100. I will sell 50% for 50k dollars, to maintain the reinvestment fund again. Bitcoin has reached $ 58k and there is no reason one cannot believe it will reach $ 100k ATH. Despite the downtrend, I will be confident that bitcoin's multi-million dollar fortune will reach $ 100k over the next 5 years. The remaining 50% will be the future property of my wife and children. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) )
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gurunanakji777
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February 28, 2021, 06:34:59 AM |
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If someone holds the bitcoin that bought @ rate of 100$ per BTC. I don't think he/she will sell it now He/she will probably hold it for long. By now he/she must understand that bitcoin has huge potential even it can touch one million dollar value in the future and that will be the real financial freedom for them. But in reality, there might be just limited countable persons who hold it for such a long period otherwise some may lose their keys too, and its not easy for a trader/investor to avoid panic selling for such a long period.
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Obito
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February 28, 2021, 06:36:40 AM |
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It's hard to imagine owning 10 bitcoins for $ 100. I will sell 50% for 50k dollars, to maintain the reinvestment fund again. Bitcoin has reached $ 58k and there is no reason one cannot believe it will reach $ 100k ATH. Despite the downtrend, I will be confident that bitcoin's multi-million dollar fortune will reach $ 100k over the next 5 years. The remaining 50% will be the future property of my wife and children. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) That is just your hindsight, if you didn't know that bitcoin will reach the 50k mark, you would sell it when you see that 1 bitcoin is higher than what you previously purchased. Let's just assume that you believe that bitcoin will reach that point, I can agree with how you plan to sell your bitcoin.
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JohnBitCo
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February 28, 2021, 06:48:12 AM |
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Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold?
They would have sold at 1000$ or 20000$ Maximum. I don't think anyone would have the patient to hold it when they see too much profit. Another reason for selling is that bitcoin price does not always rise. It got to 1000# and dumped to 220$. Then again moved to 20000$ and dumped to 3800$. So there is no point holding when you can sell and buy back more later.
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ukw
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March 01, 2021, 08:41:09 PM |
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If I had bought 10 Bitcoins for $ 100, I sincerely hope I could now keep more than 10 in my wallets. I mean, I'd rather keep them, and wait a long time for a bitcoin to become at least a 6-digit amount. But, we can always speculate on things that did not happen and think what would happen if .... ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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cr1776
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March 01, 2021, 09:03:19 PM |
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Assume it's 8 years holding and never sell it until now, I find it's hard to believe because people are greedy and will sold after x3 or even x10.
But it's a interesting simulation to think how good Bitcoin is, there's no need to panic if Bitcoin goes crash... it's the opportunity to buy the dip.
Buy BTCitcoin.
You are right, lots of people sold back at dollar parity, $10, $100, $10000 etc. Some people didn't though. There were plenty of people back in 2010 through 2013 talking about the potential value in the future and who know to hold on. For example, this thread is locked, but, check it out: https://bitcointalk.org/index.php?topic=12156.0Atlas (the OP) was right, and he was a teenager at the time, around 16-17. (I wonder what ever happened to him and if he sold his coins.) So not everyone did so. This was also right: https://themonetaryfuture.blogspot.com/2011/06/bitcoin-is-economic-singularity.htmlIt is still probably isn't too late to buy and get a large return - IMO, bitcoin will only reach a stability point when there are large number of corporations, people, ETFs/funds etc owning it, maybe one or two (or maybe even three) orders of magnitude from here, and at that point people will be able to more easily conduct transactions with it vs more store of value. Then volatility will decrease, and people might not even need to get out of crypto.
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Iranus
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March 01, 2021, 09:39:02 PM |
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If I don't need then I will never sell my Bitcoin, Now I'm seeing that many company are started buying and accepting Bitcoin by making announcement, and they will hold it for long term cuse their buying price is pretty high. So it's indicates a positive sign for future growing of Bitcoin's value. So now it is pointless to think about selling my Bitcoin. I decided to hold my Bitcoin before we break 100K price range, probably I'll not sell at that time if I will get situation positive.
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qwertyup23
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March 01, 2021, 10:34:00 PM |
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Honestly, if I were fortunate enough to have BTC at that year when its price were below $100, I would have sold those bitcoins at this price.
If you were to check its price at that time, you would have feel that there is already profit waiting. You would not feel guilty as much since you literally have no idea that bitcoin would become this big, like what is happening right now. I know there are lots of posts about people trading their early garnered BTCs for something (i.e pizza bitcoin), but you cannot blame them as at that time, it was considered profitable at their end.
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