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Author Topic: Selling BTC Only When It Reached $1Million?  (Read 1677 times)

Offline Captain Corporate

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Re: Selling BTC Only When It Reached $1Million?
« Reply #30 on: October 09, 2024, 02:51:32 AM »
Reaching a million will take a while so if anyone wants to get out before that then I would understand it, there is nothing shameful about getting out when you feel like you had enough. And this isn't just about money, I do not mean like had enough money, that's one option, but also this is a stressful place, and even I am getting out a bit, not financially but I am not putting as much attention to it, I put my money on long term holding, not a lot anyways, and I just avoid looking at it, because our focus and attention is also stressful, so when you feel enough is enough then I understand that too.

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Re: Selling BTC Only When It Reached $1Million?
« Reply #30 on: October 09, 2024, 02:51:32 AM »

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Offline milewilda

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Re: Selling BTC Only When It Reached $1Million?
« Reply #31 on: October 09, 2024, 09:41:10 PM »
Reaching a million will take a while so if anyone wants to get out before that then I would understand it, there is nothing shameful about getting out when you feel like you had enough. And this isn't just about money, I do not mean like had enough money, that's one option, but also this is a stressful place, and even I am getting out a bit, not financially but I am not putting as much attention to it, I put my money on long term holding, not a lot anyways, and I just avoid looking at it, because our focus and attention is also stressful, so when you feel enough is enough then I understand that too.
Will take a while...
It couldnt happen...
Or wont be able to happen in our lifetime...

These are the possible things that could be seen out specially on talking about potential price of BItcoin in near future. Majority of us would really be that hopeful
or would really be that optimistic on the things that we would really be dealing with specially into our investment without even trying out to think about probabilities on which
we know that this is something that will really be remains speculative. It wont matter on what are your views towards the price but the best thing to have is to keep it low and realistic at least
so that  you wont really be that ending up on getting disappointed or simply testing up your patience on trying to wait for those numbers.

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Re: Selling BTC Only When It Reached $1Million?
« Reply #31 on: October 09, 2024, 09:41:10 PM »

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Online Stompix

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Re: Selling BTC Only When It Reached $1Million?
« Reply #32 on: October 09, 2024, 09:46:55 PM »
The thing is, how much is $ 1 million going to actually be worth by the time BTC reaches that, because if you will buy with 1 million in 2040 the same stuff that you can now with 200 000, that's not much of a gain! That aside, some funny math for a bearish scenario, it took Bitcoin 15 years to reach 70k, so normally if we don't go through geometrical progression, it looks like 140k in 2039!  ;) Which I'm sure it would make a lot of "investors" lose their patience!


Offline JoyMarsha

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Re: Selling BTC Only When It Reached $1Million?
« Reply #33 on: October 09, 2024, 10:44:52 PM »
I am trying to imagine how long will it take for Bitcoin to reach $1 million. Before it gets the price, I believe we must have seen different ranges of price starting from next year's bull run of $100k- $150k and 2030 bull run of $250k above. 2035, 2040, and other years of bull run before Bitcoin reached the $1 million price.
Very easy said... This is feasible only when we move from one ATH to another. But moving from one ATH to another is not guaranteed. The market can correct heavily and bring us back to square one.
Expecting bitcoin to hit $1M is just like waiting on bitcoin till eternity. High price for bitcoin will happen, and not as high as $1M
If you should go by the history of Bitcoin halving and its bull run every 4-5 years, someone can assume that the $1 million price of Bitcoin can happen, but that will take many years for Bitcoin to skyrocket to that price. But knowing that no price is a guaranteed price to see in Bitcoin, I would agree with the fact that $1 million may be hard to see due to how unpredictable the market is. Although if Bitcoin beats all odds to reach a $1 million price, the majority of us may not live to see it happen

Offline UNIVERSE

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Re: Selling BTC Only When It Reached $1Million?
« Reply #34 on: October 09, 2024, 11:26:25 PM »
If you should go by the history of Bitcoin halving and its bull run every 4-5 years, someone can assume that the $1 million price of Bitcoin can happen, but that will take many years for Bitcoin to skyrocket to that price. But knowing that no price is a guaranteed price to see in Bitcoin, I would agree with the fact that $1 million may be hard to see due to how unpredictable the market is. Although if Bitcoin beats all odds to reach a $1 million price, the majority of us may not live to see it happen
The bullrun season always returns in 4 years, we can it as 4 years-cycle. I also try to believe that Bitcoin can go to $1 million but it may be a long time in the future. Bitcoin price moves not as quick as altcoins prices. It must need time to increase to a higher level. It won't suddenly to move to $1 million. But if we expect $1 million in this season, it is simply impossible. It must be a target of the next ATH of Bitcoin in the next few bullrun seasons.


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Re: Selling BTC Only When It Reached $1Million?
« Reply #35 on: October 12, 2024, 05:04:25 PM »
It is true that the price of Bitcoin will be very expensive, but it does not mean that its price will exceed one million dollars very quickly.  It may happen but it doesn't seem like it will happen in the next era. Because one million is a big amount.  But very quickly the price of Bitcoin can cross one hundred thousand dollars. Even if it doesn't happen in this bull run, it is expected to happen in the next bull run. Only those who have the patience and ability to hold for the long term can take advantage of these opportunities.  Because no one can guarantee when the price of Bitcoin will cross $100,000.  So it must have a long term investment plan
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