Quote from: audaciousbeing on September 20, 2017, 06:42:35 PM

Quote from: istake on September 20, 2017, 05:07:23 AM

Yes, we all want bitcoin to hit the $1 million mark, but do you plan to sell before then or even if it hits $1,000,000 would you really sell then? So the question is, have you thought about when you plan to cash in or don't you plan to cash out?

This is really a difficult question to answer and it's due to everybody greed that they wanted bitcoin to reach so high so they can be rich but in the real sense even if it reached that amount. A lot of people will still sift pedalled and say "hey, why don't I wait a little bit its going to reach $2 million in 6 months".

The only thing that would make one cash out and not regret is to do it once and never looked back, shut out everything that have to do with bitcoin and continue with other areas of life because with constant checking of activities on the forum, speculation threads, news around the globe, countries adopting bitcoin for foreign reserves, one is sure to die of frustration very early.

Exactly, the greed of what could be? has got and will get a fixed %age of adopters and would be adopters tied down for life they dont even know it yet. That represents a %age of btc that is never leaving bitcoin, which is good for bitcoin and will increase its price. However there is a thin line between value and no value when an increase in asset value does not reflect in the owners purchasing power. Owning a $1million but never accessing it either directly or indirectly via interest or loans could arguably mean you dont actually have $1million. Make your coins work for you

istake

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