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Author Topic: Complete the sentence... "I would sell all my Bitcoins if..."  (Read 95053 times)
dayem708
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December 19, 2017, 04:46:26 AM
 #1501

If the price goes up to $20k within 1 months...
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December 19, 2017, 06:51:05 AM
 #1502

If i have it.. unfortunately i dont have any bitcoin now😂😂😂
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December 19, 2017, 06:59:46 AM
 #1503

I would sell all my Bitcoins if the price reached to 100k$
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December 19, 2017, 07:07:23 AM
 #1504

I would sell all my bitcoins if i got it free from you Cheesy
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December 19, 2017, 07:34:36 AM
 #1505

....if it hits 30k$ . Keep hodling  Grin
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December 19, 2017, 09:27:04 AM
 #1506

Saya akan menjual semua bitcoin saya jika harga bitcoin mahal
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December 19, 2017, 09:30:02 AM
 #1507

Just complete the sentence with your thoughts... "I would sell all my Bitcoins if..."

if it hits $30k then i would sell all of it then save it to my future.
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December 20, 2017, 01:11:16 AM
 #1508

i have one


Well, the mere fact that you would sell your bitcoins if you had one, demonstrates why you do not have any because you would have likely sold at $1k, too, and therefore you are not enough of a believer in the lovely thing, aka bitcoin.

In essence, you have to learn to love and cherish and cuddle and HODL your bitcoin for a while, and then after you have done that for a considerable amount of time, then you become more appreciative of the power of HODL.
I wish I could stroke my Bitcoins. Maybe read them a good-night story before bedtime.


EXACTLY!!!!


That's the right mindset.   


I would not suggest NOT to sell any BTC, but the quantity that you HODL should vastly outweigh any portion that you sell, and any selling should be merely to: 1) provide some insurance for likely downswings in BTC prices, 2) allow some buying back of bitcoin with the fiat accumulated from sales and 3) perhaps take some of the fiat off of the table after you have accummulated a lot of it and you have been sufficiently, satisfying your goals in the 1 and 2 categories. 

Another scenario would be that if you are contemplating that you do not have much time to live and you have more bitcoin wealth than would accommodate that anticipated period of living, then planning a reasonable draw down schedule would be prudent.

I actually wobble around 70~30 to 50~50 between BTC and alts (for my crypto portfolio). There are some projects that I'd like to keep tabs on (love the ideas and teams), but at the same time I want to make sure that I'll have enough Bitcoins for when they're the go-to currency in the future.


As far as fiat goes, I wouldn't keep any more in my bank account than I'd need for immediate expenses (bills, and perhaps an upcoming and planned holiday). Some in stocks, RE and gold just for good measure.

I wouldn't really go with fiat investments without having a high net worth though.
Young people especially should just throw however much they can burn without getting hurt at Bitcoin, they've got their entire life to catch up in case of failure after all, and the upside potential is just far too high to not take the shot. And anybody with a fixed income should probably consider toning down on their consumptions to get in as well. And even in the case of a failure one would learn a whole lot about finance in the process, which would make the lesson worth whatever price tag.


The only regret that I have is that I didn't load up on physical Bitcoins when they were dirt cheap though.
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December 20, 2017, 11:40:51 AM
 #1509

if it hits $25k higher i would probably sell it and i will buy what i want to buy then the remaining is i will save it to my future
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December 21, 2017, 01:26:47 AM
 #1510

if it hits $25k higher i would probably sell it and i will buy what i want to buy then the remaining is i will save it to my future
Then you'll kick yourself when Bitcoin reached $500k and higher in a few years. Never go all in, or all out.
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December 21, 2017, 01:27:53 AM
 #1511

I would sell all my Bitcoins if I had a big amount
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December 21, 2017, 02:24:54 AM
 #1512

I would sell all my Bitcoins if I had a big amount


That is why you do not have a BIG amount - because you are too anxious to sell them.

Accordingly, you would have likely sold a large majority of any of your coins at a price much below $2,600.

AmIrite?

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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December 21, 2017, 02:58:01 AM
 #1513

I sold a large majority much below current prices however I only tried to buy useful stuff.     If nobody ever sold BTC before these high prices, imagine that because Bitcoin would not exist.  It would not be famous because nobody ever used it.

The point is not to sell absolutely everything and when you dont even have to.   I would sell all if given the chance to buy amazing shares of a gold mine royalty perhaps and I knew it was an amazing prospect and I had to use up all the bitcoin at current prices.   Then its worth it, to buy into something else that is profitable in future.


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December 21, 2017, 03:00:53 AM
 #1514

I would sell all my Bitcoins if I had a big amount


That is why you do not have a BIG amount - because you are too anxious to sell them.

Accordingly, you would have likely sold a large majority of any of your coins at a price much below $2,600.

AmIrite?
At least there's always someone to sell us discounted coins. Wink
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December 21, 2017, 03:07:16 AM
 #1515

1. If I have to for financial reasons.
2. If BTC hits $150 000.
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December 25, 2017, 05:23:07 PM
 #1516

if I was going to die
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December 25, 2017, 05:26:16 PM
 #1517

I can buy a lamborghini.

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December 25, 2017, 07:23:43 PM
 #1518

I will sell bitcoin if I have bitcoin, but currently I do not have bitcoin to sell Grin Grin Grin Grin Grin Grin
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December 25, 2017, 07:42:55 PM
 #1519

If I had a 1,000 and the offer was 100,000 for each one.

I will sell bitcoin if I have bitcoin, but currently I do not have bitcoin to sell Grin Grin Grin Grin Grin Grin

I'm in the same boat.
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December 25, 2017, 09:34:46 PM
 #1520

If I had a 1,000 and the offer was 100,000 for each one.

I will sell bitcoin if I have bitcoin, but currently I do not have bitcoin to sell Grin Grin Grin Grin Grin Grin

I'm in the same boat.

I have made a similar response to a few posters up who have come up with that stupid answer, and they propose such answer as if they are "so smart."   Roll Eyes  Roll Eyes

The fact that you do not have any bitcoin likely demonstrates that you do not value bitcoin very much, and therefore, you would have likely never held onto your bitcoin long enough to cash out at these prices.  If you had bought at $500, you would have sold all at below $1000, and if you had bought at $1,000, you would have sold all at $2,600, so you are pie in the sky with any fantasy that you would be able to cash out of bitcoin with any kind of profits, because you have a mindset in which you are going to sell almost immediately and no matter what, no matter how skimpy is your profits, and currently, you cannot even recognize that getting bitcoin at this price is a decent HODL and Accumulating price point...   It does not matter if price goes up or down from here in the short term, because in the longer term bitcoin is a good investment at this price, and if your mindset was anywhere near understanding those basic concepts, you would not be so anxious to sell at this current price point.   Get a grip!!!!   or get edumacated regarding the value propositions of bitcoin!     Roll Eyes Roll Eyes

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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