tabas
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March 01, 2021, 10:47:33 PM |
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Maybe I'd sell in $500-$1000 by that time. Lack of experience will make me sell at those levels and seeing those high prices for the first time will make me chill that I did it right. 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) That's what we think today, we're wanting to hold more but if it's time to sell. It's that when the prices are encouraging to sell, you'll never know yourself when you hit such high prices before.
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Shasha80
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March 01, 2021, 11:29:15 PM |
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I really hope to get to know Bitcoin when the price is still $ 100, Sometimes I fantasize that I want to have a time machine and come back where Bitcoin is still very cheap. But the reality of my fantasy can't possibly come true for now, so we have to accept the fact that the price of Bitcoin is already very expensive. But I'm sure early adopters who bought Bitcoin when it was $ 100 have sold it when it was $ 1000. Because most people do not expect the price of Bitcoin to be so expensive that it reaches the price of $ 58k, even this year it is very possible to hit the price of $ 100k. I am sure that even Satoshi Nakamoto as the creator of Bitcoin must have been surprised by the current price of Bitcoin.
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Twentyonepaylots
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March 01, 2021, 11:33:08 PM |
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That's the beauty of it, you can never sell all of it because you know for a fact that it's the money doing the work for you, not the other way around. And wasting off such huge potentials such as what bitcoin can offer, at as early as 10 years ago, is something that a wise investor wants to avoid.
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7788bitcoin
Legendary
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March 01, 2021, 11:42:33 PM |
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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? 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). There are many who are holding good amount of coins and have the patience to hold this long, i do hold coins and i have sold coins in the past as well but i am yet to spend my money on expensive cars even though i can purchase one with the current valuation but i am not stupid enough to spend that much amount for a car ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . If anyone trusted bitcoin then they made a fortune irrespective of the age.
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yazher
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2021, 02:46:14 AM |
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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.
As for I would have sold some of those and hold the remaining balance up to a new record of ATH then I sold it this way. continue to hold it until it reaches my target price. Of course, you need to stick to the plan because you can't be just waiting for it to even get higher because that's the thing we always seek. If you don't take advantage of the current high price then you might not see it again. Greediness should be stopped and we should have some plan just before investing in BTC not just some go with the flow plan which might never work at all.
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shoreno
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2021, 03:18:15 AM |
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i think there are succesful hodlers with btc valued under 100 dollars so you are wrong when you think no one can hold thier btc for a long time if they bought it at 100 dollar but if ever im one of those that invest and manage to not hold for long i think i wont sold my btc to buy simple things because i already invested a huge amount so im only going to sold once i double or tripple my invested money and buy a litte more expensive stuffs that i havent owned before in my life .
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ethereumhunter
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March 02, 2021, 09:38:16 AM |
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Some people who bought bitcoin at $100 or lower price still hold their bitcoin and not selling, even if the price already touch $58k. But they do not tell the other how they hold their bitcoin for a long time. I believe they still hold a large amount of bitcoin in their wallet because they want to wait for the next higher price or not sell their bitcoin if the price is not hit more than $100k. If I can have that bitcoin for a lower price and see the $58k, I will sell some bitcoin, maybe 10 bitcoin and use the money to buy a house, car, or something that I want.
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Silberman
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March 04, 2021, 02:16:04 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. I am sure that a significant amount of people would have sold for a loss when the price went down to 60 or something like that, however for those that really believe in bitcoin and its potential I am sure that they will still hold the majority of those coins, the real issue is when to sell? And I think that unless you were forced by the circumstances the correct answer is probably to never do it, I think we are getting closer to the day in which we will be able to use our bitcoin directly without converting it to fiat which will make holding even easier.
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Sayeds56 (OP)
Copper Member
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stead.builders
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March 12, 2021, 07:49:05 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. I am sure that a significant amount of people would have sold for a loss when the price went down to 60 or something like that, however for those that really believe in bitcoin and its potential I am sure that they will still hold the majority of those coins, the real issue is when to sell? And I think that unless you were forced by the circumstances the correct answer is probably to never do it, I think we are getting closer to the day in which we will be able to use our bitcoin directly without converting it to fiat which will make holding even easier. True. Panic selling always happens when price crashes. It becomes very hard to hold patience and wait for the price recovery and those who hold during the hard time make huge gains in future. The answer to decide when to sell is difficult to answer as there is no crystal ball to make 100% correct price prediction. The only tools available are Technical charts which help you to know the market sentiment.
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Cihuy182
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March 12, 2021, 11:01:07 AM |
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Right now? No way in hell would I sell it.
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gabbie2010
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March 12, 2021, 12:51:01 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. Some hodlers might be strict and managed their Bitcoin by hodling it till today but the OP wanted to know how well those huge coins can be sold, well Tesla just bought Bitcoin worth millions of dollars, I wouldn't see any problem with selling those Bitcoin even it is bit by bit irrespective of numbers of days it will take in selling them I will continue selling definitely there is going to be a market for it as far as Bitcoin is existing buyers will buy and it demand will continue to increase.
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DJANAS
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March 12, 2021, 02:08:09 PM |
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I bought once Bitcoin when it was 400$ i sold it at 430 or something 😂
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Trinx01
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March 12, 2021, 02:32:52 PM |
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For sure if there is someone who bought bitcoin at $100, I don't think that they are still hodling I right now, maybe they had sold it when the price goes up a little bit because no one knows that bitcoin could go much like this. The only small movement of the value of bitcoin is a good thing for those who have bitcoin at that time so they might sell it instead of hodling.
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goldade
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The Standard Protocol - Solving Inflation
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March 12, 2021, 03:12:15 PM |
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This is practically one of the major problems facing every bitcoin hodlers and it is the problem of the 'right moment to sell'. I am super sure that everyone who bought bitcoin when it was at $100 would have sold at a 100% profit which is $200 or for the most patient at 1000% which is when bitcoin hit $1,100 only to regret as to why they sold when the price of bitcoin is even higher. You'd however realize that if by the prospect of making more money from the rise in the price of bitcoin, they did not sell their coin, they'd then have to suffer if they actually need money because they refuse to sell. What I do is sell my some of my coins when I need money and leave the rest as investment.
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J1mb0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2021, 05:12:12 PM |
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If I ever bought 10 BTC at 100 $ I would probably sell it at 500 ~ 1000 $, 10 times profit is not a small temptation. Honestly except for the crypto market I cannot find any market that can provide 10x returns.
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GeorgeJohn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2021, 05:37:32 PM |
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It depends on the country you come from because selling of Bitcoin don't really give stress to people because of diverse applications used for selling, Binance is one of the biggest app popularly known, which is the easiest way of selling without issues, now p2p is another option or alternative to sell cryptocurrency irrespective the amount but the only scaring thing their is, it involves scamming, because at times those scammers will claim that they have fund you finance and it will trigger you to fund them crypto in their wallet and after which the funds will not be found, so is the only disadvantages of p2p transaction via Bitcoin and any other alternative coins.
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Asuspawer09
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2021, 06:09:48 PM |
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Pretty easy to say but holding for years what now easy actually, I've sold a lot of bitcoin not because I don't believe in bitcoin but mostly I just needed the money for something.
If you think about it buying at 100$ at then selling at x10 is already a great profit for everyone and you don't really think that bitcoin would reach 58k$ at this moment.
So probably only a few that have strong hands would hold their bitcoin for so long un someone that doesn't really need the money because if my 100$ already gain x10 and then I don't have any money I would probably sell that bitcoin.
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Renampun
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2021, 06:13:13 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.
*you just like me who sells some Bitcoin for needs...I ever thought to look for outside work and hodl Bitcoin that I have as long as possible but this pandemic made me have to postpone it. So far, sales of masks have decreased dramatically and it seems that I have to find other job options so that I can still hodl the Bitcoin that I have.
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pawanjain
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 12, 2021, 06:19:25 PM |
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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? 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). ~Snip
I had been HODLing since 2016. It's not much but still I had seen it all in the past few years. Bitcoin had surged in the ICO era and then had a huge bear market for 2 years. During that time most of my HODLings were down by 70% and I had thought to sell it all when the market recovers a bit. Here I am now still HODLing on to my coins when it has more than doubled. I think taking profits is a good thing and we should keep taking profits then and there. But I also believe that bitcoin is here to stay and we should have at least a little portion to HODL on for a very long time.
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TedMosby
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March 12, 2021, 06:58:50 PM |
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I know a person who owned bitcoin when the bitcoin price was really cheap. however, she decided to sell it in 2013 at $500 and $1000 per bitcoin. she bought a car with that money. her bitcoin now should worth more than that. it should be enough to buy a house with one Lambo I think. my question is, at what point "don't-be-greedy" aspect should be applied to our bitcoin journey? even Laszlo Hanyecz did a cool mistake in the past.
10 BTC at $100 each? I will sell 3 BTC right now, and buy a villa with a private pool.
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