What will you do with bitcoin?

[Zaguru12]

My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price.

What do you mean about legalized? Bitcoin is mostly accepted in many countries right now as a commodity and now there are 2 countries already accepted as a currency.

Bitcoin isn’t globally legalized yet and I think that’s what OP is referring to. Although the likes of El Salvador and Central African Republic has legalized many countries haven’t legalized it just yet but that doesn’t mean people aren’t using it. Only few countries actually placed a strict ban on it usage, the rest are just against it do not stop there citizens from using.

When it is globally accepted it might cause the demand to increase as many people will turn towards it and also the number of businesses using it as payment method would have increased. This in turn will have a positive effect on bitcoin which could see it grow and I think that is why OP is looking at the moment.

Holding it when the price rises Is not a wise decision  as there may be a retrace of the price movement. The best option is to sell in bit in every ATM high.

Everyone has their reasons for holding bitcoin and it is not the ATH price that determines when they sell. Most people use it as a savings hub for retirement funds and should another ATH comes before their stipulated time of withdrawal they would still have to leave it there and it is not that bad since we usually have halving every four years and new ATH usually comes after the halving then one could skip one or two ATH and withdraw in future

[fuguebtc]

If you will sell it, at what price are you planning to do it?

Bitcoin investment is for profit, I don't intend to keep it to death, and it becomes useless for me. I'll sell my bitcoins when it hits $100k or more and then wait for another market crash, and that's when I'll start accumulating my bitcoins again. If the market cycle doesn't change and repeats like that forever, I wouldn't mind playing with it for the rest of my life. But life is definitely not that simple, one day, it will change, so I will try to take advantage of it as long as possible.

[Lorence.xD]

Everyone have different plans if they are part of the ride of Bitcoin. For me I would sell some and still leave amount of Bitcoin for future investment. Earning profit is a must if I would be needing some funds for building business of course I would sell some of my Bitcoin. I think it's also a good investment in having an investment for businesses. I will open a mini-laundry since in my neighborhood there's a close hotel where people prefer to have a laundry nearby. If I gain again profit I'll invest again in BTC for sure. I like that money works for me.

[imamusma]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

Bitcoin has use cases as legal tender in several countries, while many countries still have not legalized it. Bitcoin is considered an investment asset that the average user has made so far, I am the same. In fact I think the same is also included in your plan on bitcoin instead of as a means of payment. So I must feel really weird when you say "I don't really understand what is the right thing to do with Bitcoin after it will go to the moon".

I just think that the bitcoin that I have right now is an investment asset, not a means of payment. Of course I have a plan for when and at what price I expect to sell it in the future either incrementally or sell it all. I'd probably put my initial target at $100k, but if the price is still very likely to go up then of course I'd just change that plan and maybe only sell part of it at $100k.

[Asuspawer09]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

For now, holding is the best thing that we can do because it's still not a good time for us to sell our Bitcoin, Of course, think of the reason why you buy Bitcoin in the first place, but probably most of us buy Bitcoin is because its an investment, so the goal is to sell bitcoin and take a profit. Everybody would sell in the end depending on how long they can HODL their Bitcoin.

I mean it's your Bitcoin anyway and you can do whatever you want with it, some might just want to hold Bitcoin, but for me, Bitcoin is an investment so At a certain price or fair price in the market I would sell my Bitcoin, No one knows the limitation of bitcoin if it's going to reach 100,000$ or even up to a million. Because what matters is you sell on a profit not on a loss.

[Stable090]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

That’s everyone’s decision to take, it’s kind of funny to me, why won’t you know what to do with bitcoin when it finally goes up, may I ask you, what’s your primary purpose of investing in bitcoin? Then it will decide what you will do with the bitcoin after going up.

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

If bitcoin price hit $70k or $80k, then the price is till very low to me so I won’t even think about selling it, the bitcoin am holding am not planning to sell it at a very cheap price, I don’t care about how many years I will hold my bitcoin but am having target and am not selling my bitcoin below my target. If you are planning to sell your bitcoin at the price which you mentioned above, then you are selling cheap, don’t be surprised you might end up regretting why you sold so cheap.

[xSkylarx]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

This really depends on my situation. If ever I am in need of money at that time, I will sell it regardless of the price, and if it hits the price and I have nothing to do with it, I will still keep holding on to it until I need it. My purpose really is for emergency purposes, and if I plan to start a business, I will probably get half of it, and the other half I will still hold.

[MiF]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

Set a limitations if you invest  in bitcoin you need to set a limitation don't hold it for life you will not get profit in holding for the rest of your life, you will only end up to big regret if you don't sell it when you have an opportunity to sell it to get a big profit. Another thing is you can use your bitcoin profits to buy alts and hold if you don't want to withdraw or sell your btc you can use another strategy by buying alts.

[loabiti33]

Part of it of I intend to sell of course, but I also believe in the tech, so I will also keep some for the "new age" or internet crypto use only, I don't pretend to abandon btc even if I sell part of it.

[CryptSafe]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

Mate, I know for sure that bitcoin will do very well and much better in the long run. So I am not bothered about it up and down movement. So far,  before now, bitcoin was at it peak last year @ $70k sobif it could reach an all time high at that price then it means it could still go or rise beyond that same price possibly after the halving or even now as no one could tell the direction which it is going towards but I am if the strong opinion that bitcoin would do much better than the last of its highest price.

As for me, I already have my plans of holding for a very long time and I had to do it in the way that I allocated my bitcoin in three functions for which they would serve and that I have sticked to for a long time now and it has helped me a lot from touching my long term holding.

[BVeyron]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

BTC is now quite stable value, so price fluctuations are not eager to be high if there is no inflation. And there is a real risk of fiat money inflation. The price can rise up to the moon not because of BTC becoming more expensive, but due to dollar becoming really cheap. So I think it's better not to be attached to BTC/USD (this ratio is tending to become nothing), but to follow the different scale: BTC/[things and moods you want to have]. In total, money is entirely fictional value scale, created by everyone's mind and by mass media. But the real values are always psychology-based.

[fadhilz123]

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

If such a big price happens to Bitcoin, I will probably sell some of the Bitcoin that I have and will also save some of it in preparation for the next high price because in my opinion Bitcoin is an asset that needs to be looked after properly and don't waste too much at low prices like now. But I don't think that a price of that size can happen as soon as possible because it is a very high price and is included in the ATH for Bitcoin so it always takes time to reach it.

[justdimin]

Bitcoin has use cases as legal tender in several countries, while many countries still have not legalized it. Bitcoin is considered an investment asset that the average user has made so far, I am the same. In fact I think the same is also included in your plan on bitcoin instead of as a means of payment. So I must feel really weird when you say "I don't really understand what is the right thing to do with Bitcoin after it will go to the moon".

I just think that the bitcoin that I have right now is an investment asset, not a means of payment. Of course I have a plan for when and at what price I expect to sell it in the future either incrementally or sell it all. I'd probably put my initial target at $100k, but if the price is still very likely to go up then of course I'd just change that plan and maybe only sell part of it at $100k.

I think if we could go with the payment situation then we are going to do a lot better in the future. I still think that there will be a lot more nations with legal tender in the future, not bigger ones like USA or Germany, but we are going to see it accepted in much smaller places for sure.

The next biggest ever name is Malta to me, if that happens that is going to change so much, if Malta has it then we are going to definitely see some big increases. They are a huge nation compared to El Salvador because of legality reasons and I also believe that they are going to get a lot of peoples money in there, think of it like Cayman islands but for Europe instead of America. That will result with many crypto purchases and the price will skyrocket without a doubt.

[Gallar]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

It all depends on the situation and conditions that I experienced. If the situation allows, I will continue to hold bitcoin and will not sell it just yet. Because if the situation or condition that I experience in my life continues to be good, financially, opportunities and various other factors. I will not bother selling my valuable asset (bitcoin). But if the situation is the opposite of what I explained above, most likely I will definitely sell the bitcoins that I have, because if things are not good, especially financially. It is certain that investment will be the right solution to cover all these financial problems.
And in conclusion, I will not sell the bitcoins that I have when my economy is good. Because in my personal opinion, having an investment is useful when the economy is down or not good.

[Blackmore1]

Hi

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This is our ‘Big Play’ for 2023 and we expect to see a lot of average people achieve 'Financial Freedom' in the Crypto space with our current setup.  Question is; would you like to go on this exciting journey with us?

Let me know if you would like to test this with us and be one of the first 100,000 members that are on their way to 6-7 Figures this year.  We have already brought in over $5-Million in just the first 6 weeks and we are about to take this to the moon. We would love to have you on board, while we take this project to $100-Million in 2023 alone. 

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[DaNNy001]

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.

That's a really wild and long time to hold your coins but its understandable though as the adoption of bitcoin keeps growing but my only concern is that no one actually knows when the price or bitcoin is going be accepted in the world as a legal tender and this acception could lots of years to achieved and its solely dependent on the country or nation involved.

[woez]

Right now BTC is Bitcoin going through a period of volatility, with prices fluctuating between around $27K and trying to break through $31K, if the conditions are as you say it's go to the moon I guess Some investors may choose to sell their Bitcoins when the value reaches a certain price, while others may hold it in for the long haul. The decision to sell or hold Bitcoin depends on each investor's financial goals and risk tolerance.

[kryptqnick]

I don't have much in Bitcoin, so even if it reaches $80k, it won't be anything life-changing for me. I treat Bitcoin primarily as savings: I try to save up a bit when I can, but I also use up the money when I need to or for special purposes (like a holiday, moving to another country, using money to participate in an international event, etc.). Thus, I don't have any big plans or high expectations, but I know people who rely on Bitcoin heavier than I do, and for their sake I hope it will rise, so that they can enjoy a lovely safety net and do something nice for themselves with it.

[KiaKia]

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

That's weird 😕, why are you investing in Bitcoin if not for the profit? Every investors have the right to take profits when Bitcoin reaches a high price, or are you asking what is the perfect time to take profit? Because I am kinda confused.

When Bitcoin goes to the moon, I expect everyone to take profits and do whatever they like with their profits, a long-term Bitcoin investor who always doesn't want to run out of holding Bitcoin will still take profit and wait for a bearish market then buy back. This is one effective way to increase the quantity of your Bitcoin.

I have a long-term plan to keep accumulating Bitcoin but it will be stupid of me to hold my Bitcoin through a bull market where I am supposed to take profits and wait for another good buying opportunity.

Many people don't realize that Bitcoin's volatility will always be there as world events always affect Bitcoin, and corrections will always follow every surge that occurs.

[Adbitco]

People buying bitcoin is for profits and whenever their profits target is being met i think they will have to sell it off without any haste. Naturally we hold bitcoin in other to receive some profits when it moon, selling bitcoin determines our patient levels; lemme say if your target was to sell at $100k and you couldn't be able to hold till that specific date and time, you panic to sell meaning you have not defeated the purpose of holding bitcoin because you panicked and sold. Definitely i will hold till $100k and if market move faster than my expected date then i sell and wait for another dip to utilized the opportunity.