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Re: Complete the sentence... "I would sell all my Bitcoins if..."
by
bitgolden
on 12/10/2015, 05:58:42 UTC
I will probably sell 2 or 3 when it hits 1 million dollars per coin  Grin Tongue
lol 1 million per coin? thats highly unlikely. with 21 million coins in the market that would make btc a 21 trillion dollar industry. that would be a sight to see. i personally would sell my coins if they went over 2000 usd.  Lips sealed

21 trillion in 2050 is not a big amount for a market cap.
When prices cross $1000, it will then take rest only around $9000. A jump you can see over$2000...

People are optimistic on higher market cap for bitcoin. Even with higher market cap I will not sell off all my bitcoin in one shot as OP asked. I will keep at least 50% bitcoin for next price up surge or for my children or next generation. Bitcoin would be the future so I so not want get out of it.

Yes selling all of your bitcoins at once definitely will make you regret in near future itself. As per money management principles we must spend or sell only 50% would make you more richer than all at once situations. This will apply even for buying bitcoins too.