Post
Topic
Board Bitcoin Discussion
Re: Time to sell my BTC?
by
MinoRaiola
on 11/03/2021, 17:38:04 UTC
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

While 0.01 Bitcoin (BTC) to buy doesn't cost much today, current trends in global wealth distribution and the inevitable realization of limited Bitcoin supplies could mean that 0.01 BTC will be worth $ 1 million in the future. Big speculation. According to Credit Suisse's Global Wealth Report 2020, there are 51.9 million people with net worth more than $ 1 million. The index takes into account a person's net worth, along with their financial and real estate assets, less their debts and liabilities. Although they make up only 1% of the world's population (excluding children), these millionaires own 43% of the world's wealth.

According to Credit Suisse's individual asset breakdown, 175,700 people weighed more than $ 50 million. Of these elite circles, 55,800 owned at least $ 100 million and 4,410 had assets in excess of $ 500 million.

Now ask yourself whether you can take it for so long and can afford to have this chance.