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Topic: $90k is hit! (Read 494 times)

hero member
Activity: 1736
Merit: 501
December 06, 2024, 02:40:07 PM
#50
Some investors who have been holding for a long time may have now released some of their Bitcoin because their target price has been reached. I don't think it's a stupid act because they have already received the profits that were planned.
Yes, it's true and it's needed, investors invest in an asset to earn profits and they have earned enough profits from Bitcoin and now even if they sell half of their holdings and keep the rest, they would still be happy.

Let's say someone who bought Bitcoin when it's price was still below $20k and sold it when its price crossed $95k, then that person would still be much profitable by selling half of his/her holdings and keeping the rest.
So every investor has their own way to make a profit, they have their own strategy and have their own target when they reach their target they will sell and that is not a stupid act. Because the main goal of investing in Bitcoin is to seek profit to seek financial freedom and every investor has their own way to achieve that goal.

Many people say not to follow other people's strategies in investing because investors have different goals and that's true. So don't gossip about other people who sell bitcoin, who knows you bought bitcoin when the price was cheap and now bitcoin has passed the price of $ 100k, isn't that a profit? I myself have sold half of my assets, and there are also some that I still keep for the future, but if there is a correction I will buy again. Everyone has their own strategy for investing and making decisions.
sr. member
Activity: 1092
Merit: 342
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December 06, 2024, 07:11:10 AM
#49
The $90k barrier will end this November, we are very close to meeting the goal and for many the goal is $100k, but for me it is not, for me the goal is much bigger, above $200k and that is something that is not very optimistic nor does it make me feel bad, but these things move like this, emotions move the market a lot and if institutions start buying a lot of btc then things will improve, and that is precisely what I think MicroStaregy can do until it reaches $100k or more and people start eating like crazy, that is the effect it will have.
legendary
Activity: 3038
Merit: 1024
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November 24, 2024, 01:10:47 PM
#48
People won't be selling their bitcoin even when it reaches 100k. Bitcoin has seen as a life changer for people's lives. If it breaks 100k, it will jump higher very quickly. I expect it to reaches 100k, then it jumps to 105k+.

People know that a big inflow is hitting the btc ETF everyday. This means institutional investors are buying bitcoin. The only stupid people are those who sold bitcoin when it was mooning. This is because their btc could have traded above 100k.

Talking about the selling pressure of bitcoin, it's just weakening now. Many institutional investors grabbed more btc, and it brings many liquidity. The selling pressure can be eaten so easily by the FOMO of institutional investors.
I wish I can agree with everything you have said but unfortunately, not everyone is thinking like you. There are still people having the mindset that when Bitcoin hits $100k, there will come a major correction before it will start to rise again. These set of people will definitely sell part of their Bitcoin with the intention of buying during the expected correction. They might be right or wrong but that is just their thinking and how to plan to go about managing their Bitcoin holding. I don't actually share this same ideology as I prefer to hold because I don't see any deep correction happening anytime soon. There may be a retest of the 100k price zone after Bitcoin crosses 100k but such retest may not be a deep one, hence not ideal to hope on.

Absolutely agree with it. The problem is that when someone who have no enough knowledge about when to sell or buy. I believe he might be very confusing to determine when to re-enter the market. We can easily follow "being greed when others fearful, and being fearful when others greed", but it's not as simple as that.

The implementation does require a lot knowledge in doing TA to the bitcoin's movement. Just like when you know BTC entered the demand and supply area, then you can use it as a time to sell or buy bitcoin.
hero member
Activity: 826
Merit: 583
November 24, 2024, 11:42:19 AM
#47
Some investors who have been holding for a long time may have now released some of their Bitcoin because their target price has been reached. I don't think it's a stupid act because they have already received the profits that were planned.
Yes, it's true and it's needed, investors invest in an asset to earn profits and they have earned enough profits from Bitcoin and now even if they sell half of their holdings and keep the rest, they would still be happy.

Let's say someone who bought Bitcoin when it's price was still below $20k and sold it when its price crossed $95k, then that person would still be much profitable by selling half of his/her holdings and keeping the rest.
Investors like this have much due to the time duration, honestly speaking early investors holding till date are the luckiest now. They might have gotten some other target because if I should ask the slightest prediction concerning the market most of them will not believe the price will surpass the previous ATH before the year ends, I see a lot of predictions concerning next year as few thought the price will increase massively next year. What’s the point blaming them honestly they got their target but it will be more nice creating a selling strategy in order to avoid regrets whereby selling everything doesn’t sound right tho.

How investors have their way of managing profits. Those who have held Bitcoin for a long time will not easily release all their Bitcoin and hope to wait for the price to fall again and then enter. They must be thinking about how long they build and hold their investment. So selling some to get profit from the capital that has been issued is a good choice. And some will be held for a longer time with new planning.
All old investors I think believe that Bitcoin has made a miracle of price growth that may never be seen in other investments.
sr. member
Activity: 182
Merit: 120
November 23, 2024, 07:02:02 PM
#46
Some investors who have been holding for a long time may have now released some of their Bitcoin because their target price has been reached. I don't think it's a stupid act because they have already received the profits that were planned.
Yes, it's true and it's needed, investors invest in an asset to earn profits and they have earned enough profits from Bitcoin and now even if they sell half of their holdings and keep the rest, they would still be happy.

Let's say someone who bought Bitcoin when it's price was still below $20k and sold it when its price crossed $95k, then that person would still be much profitable by selling half of his/her holdings and keeping the rest.
Investors like this have much due to the time duration, honestly speaking early investors holding till date are the luckiest now. They might have gotten some other target because if I should ask the slightest prediction concerning the market most of them will not believe the price will surpass the previous ATH before the year ends, I see a lot of predictions concerning next year as few thought the price will increase massively next year. What’s the point blaming them honestly they got their target but it will be more nice creating a selling strategy in order to avoid regrets whereby selling everything doesn’t sound right tho.
hero member
Activity: 784
Merit: 672
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November 23, 2024, 06:50:48 PM
#45
Some investors who have been holding for a long time may have now released some of their Bitcoin because their target price has been reached. I don't think it's a stupid act because they have already received the profits that were planned.
Yes, it's true and it's needed, investors invest in an asset to earn profits and they have earned enough profits from Bitcoin and now even if they sell half of their holdings and keep the rest, they would still be happy.

Let's say someone who bought Bitcoin when it's price was still below $20k and sold it when its price crossed $95k, then that person would still be much profitable by selling half of his/her holdings and keeping the rest.
hero member
Activity: 2870
Merit: 594
November 22, 2024, 08:08:37 AM
#44
People won't be selling their bitcoin even when it reaches 100k. Bitcoin has seen as a life changer for people's lives. If it breaks 100k, it will jump higher very quickly. I expect it to reaches 100k, then it jumps to 105k+.

People know that a big inflow is hitting the btc ETF everyday. This means institutional investors are buying bitcoin. The only stupid people are those who sold bitcoin when it was mooning. This is because their btc could have traded above 100k.

Talking about the selling pressure of bitcoin, it's just weakening now. Many institutional investors grabbed more btc, and it brings many liquidity. The selling pressure can be eaten so easily by the FOMO of institutional investors.
I wish I can agree with everything you have said but unfortunately, not everyone is thinking like you. There are still people having the mindset that when Bitcoin hits $100k, there will come a major correction before it will start to rise again. These set of people will definitely sell part of their Bitcoin with the intention of buying during the expected correction. They might be right or wrong but that is just their thinking and how to plan to go about managing their Bitcoin holding. I don't actually share this same ideology as I prefer to hold because I don't see any deep correction happening anytime soon. There may be a retest of the 100k price zone after Bitcoin crosses 100k but such retest may not be a deep one, hence not ideal to hope on.
I agree, in an ideal world, we shouldn't be selling our Bitcoin, but then again, everyone has her/his own needing. I mean some guys could be in a emergency situation and so they will have to sell sooner or later. It's not that they like to, but it's the circumstances that is calling and so they will have to do it.

But the majority if there are not emergencies or problems, will simply hold and wait for the price to hit $100k and then see how it goes. It's the beauty of Bitcoin though, it's all o us, we are in total control of it, and no one can decide for us but ourselves.
sr. member
Activity: 434
Merit: 253
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November 22, 2024, 07:56:57 AM
#43
People won't be selling their bitcoin even when it reaches 100k. Bitcoin has seen as a life changer for people's lives. If it breaks 100k, it will jump higher very quickly. I expect it to reaches 100k, then it jumps to 105k+.

People know that a big inflow is hitting the btc ETF everyday. This means institutional investors are buying bitcoin. The only stupid people are those who sold bitcoin when it was mooning. This is because their btc could have traded above 100k.

Talking about the selling pressure of bitcoin, it's just weakening now. Many institutional investors grabbed more btc, and it brings many liquidity. The selling pressure can be eaten so easily by the FOMO of institutional investors.
I wish I can agree with everything you have said but unfortunately, not everyone is thinking like you. There are still people having the mindset that when Bitcoin hits $100k, there will come a major correction before it will start to rise again. These set of people will definitely sell part of their Bitcoin with the intention of buying during the expected correction. They might be right or wrong but that is just their thinking and how to plan to go about managing their Bitcoin holding. I don't actually share this same ideology as I prefer to hold because I don't see any deep correction happening anytime soon. There may be a retest of the 100k price zone after Bitcoin crosses 100k but such retest may not be a deep one, hence not ideal to hope on.
hero member
Activity: 826
Merit: 583
November 22, 2024, 07:42:20 AM
#42
The only stupid people are those who sold bitcoin when it was mooning. This is because their btc could have traded above 100k.

Some investors who have been holding for a long time may have now released some of their Bitcoin because their target price has been reached. I don't think it's a stupid act because they have already received the profits that were planned.
The concern may be when the price soars higher and causes a little regret. Some new investors may still be very worried about missing the current price and then the price falls. It takes good planning to be able to continue holding our Bitcoin. Some investors may not be able to hold it because they see the profits they can already harvest.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 22, 2024, 07:12:13 AM
#41
Bitcoin price is it increasing and the I believe that before next day the price of Bitcoin will hit to the expectation price that everyone has been waiting for but I know quite well that what makes bitcoin price to reduce after it has you reached to 93,000 is that is trying to get stand so that it will increase so I believe that have the price increases to 98,000 it will continue to accelerate until it reached 100,000 we should do expect the 100,000 bitcoin will reach tomorrow or next tomorrow because I don't know what will be they obstacle or what we prevent Bitcoin to reach to 100k
In as much as we are expecting $100k, we should also understand that $100k is not the ultimate. Many people will definitely sell when it gets to $100k but the wiser ones are also selling now because there's no much difference between now and $100k. I have always been of the opinion that there will be so much selling at this point that bitcoin wants to hit $100. This selling pressure could hinder the immediate appearance of $100k. We could wait for a while



People won't be selling their bitcoin even when it reaches 100k. Bitcoin has seen as a life changer for people's lives. If it breaks 100k, it will jump higher very quickly. I expect it to reaches 100k, then it jumps to 105k+.

People know that a big inflow is hitting the btc ETF everyday. This means institutional investors are buying bitcoin. The only stupid people are those who sold bitcoin when it was mooning. This is because their btc could have traded above 100k.

Talking about the selling pressure of bitcoin, it's just weakening now. Many institutional investors grabbed more btc, and it brings many liquidity. The selling pressure can be eaten so easily by the FOMO of institutional investors.

hero member
Activity: 2604
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November 22, 2024, 01:20:21 AM
#40
Bitcoin new ATH price above $98k have been passed and near future waiting for hitting $100k after several moment when bitcoin success break new ATH never get failure or drop drastically. I think the moment most be happiness for bitcoin holder after bitcoin success hitting new ATH price every time and not get difficult yet, but doubt and worry if have to buy bitcoin during on bullrun moment with bad opportunity later will bitcoin going back to lower price?

Until right now not the end of the era for bitcoin hit new higher price, I don't think good ideas keep buy bitcoin right now avoid how bad moment happening again last several season when bitcoin hit higher price but few months later get drop significant. In my opinion, better wait and see for bitcoin possibility around one or two weeks later will raise up or get large correction because nowadays bitcoin have hit most significant price and too high.
It is only a matter of time for Bitcoin to reach $100,000 while we are now is at $98,xxx. We need to wait for a while to see Bitcoin increase and breaks the next ATH. Yes, it is the moment of happiness for all people who held their Bitcoin especially for those who bought Bitcoin at a high price. They are make a big profit if they sell it right now. But we still don't know when the bull run will coming so we need to decides wisely and not in a rush or panic.

Buying Bitcoin now or later will depends on each person because they needs to make a plan what they will do in this increases. If they think that buying for more Bitcoin in this price is still good, they can do that. But if they think it is better to wait for more to see where Bitcoin price will moves, that will be okay too because they must take responsible with their money.
sr. member
Activity: 630
Merit: 277
November 21, 2024, 06:57:37 PM
#39
Bitcoin price is it increasing and the I believe that before next day the price of Bitcoin will hit to the expectation price that everyone has been waiting for but I know quite well that what makes bitcoin price to reduce after it has you reached to 93,000 is that is trying to get stand so that it will increase so I believe that have the price increases to 98,000 it will continue to accelerate until it reached 100,000 we should do expect the 100,000 bitcoin will reach tomorrow or next tomorrow because I don't know what will be they obstacle or what we prevent Bitcoin to reach to 100k
In as much as we are expecting $100k, we should also understand that $100k is not the ultimate. Many people will definitely sell when it gets to $100k but the wiser ones are also selling now because there's no much difference between now and $100k. I have always been of the opinion that there will be so much selling at this point that bitcoin wants to hit $100. This selling pressure could hinder the immediate appearance of $100k. We could wait for a while
hero member
Activity: 1666
Merit: 723
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November 21, 2024, 05:11:49 PM
#38
Bitcoin price is it increasing and the I believe that before next day the price of Bitcoin will hit to the expectation price that everyone has been waiting for but I know quite well that what makes bitcoin price to reduce after it has you reached to 93,000 is that is trying to get stand so that it will increase so I believe that have the price increases to 98,000 it will continue to accelerate until it reached 100,000 we should do expect the 100,000 bitcoin will reach tomorrow or next tomorrow because I don't know what will be they obstacle or what we prevent Bitcoin to reach to 100k
hero member
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November 21, 2024, 04:32:42 PM
#37
I had my doubts that maybe the highest bitcoin will reach at least in these few next days would already be $89k. A lot of us have opted to swap our coins to stablecoins or maybe has converted it into fiat already to maximize the profits and then plan on buying again once it dips. But I see now that I have taken it out of bitcoin a little way too early.
When the price of Bitcoin has reached $90K, we should be able to pay attention to how the market is at least for some time to come by looking and finding out the best factors that influence market conditions.
I think one of the factors that can be used as material to analyze where the price will move is Trump with politics in America.
Well. Now $90K is no longer a discussion even though some doubt that in a short period of time it is impossible for the price to rise to $100K, but now the price of $100K is almost a reality with the remaining time of 2024.

The efforts of those who have converted Bitcoin into stablecoins cannot be completely blamed. The rice has become porridge and they can take advantage of the opportunity at another time to buy again even though they wait a long time.
legendary
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November 21, 2024, 04:09:30 PM
#36
-snip-
Now even the price of Bitcoin has reached $98K which is quite close to the price level of $100K, so it is quite clear that the future of Bitcoin will be brighter by the end of this year. Because the price increase that has occurred today is another surprise for everyone, especially for people who have invested in Bitcoin for a long time and are still holding more Bitcoin until now. I really didn't expect Bitcoin to approach that level this month because previously such a thing was unthinkable but in reality it has happened as we witnessed today.
This increase is not a surprise when the market is in a bull season like now - it's just that some people are skeptical about $100K this year. Now $100K is getting closer - $2000 is not a high number to reach anytime soon, but I imagine a correction due to selling pressure at that level.

If $100K can be reached during the remainder of November - then I think bitcoin will hit even bigger highs in 2025. This is possible if Trump adopts policies that support bitcoin and the crypto industry - well, let's hope it's as he has promised .
hero member
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November 21, 2024, 03:14:32 PM
#35
Bitcoin new ATH price above $98k have been passed and near future waiting for hitting $100k after several moment when bitcoin success break new ATH never get failure or drop drastically. I think the moment most be happiness for bitcoin holder after bitcoin success hitting new ATH price every time and not get difficult yet, but doubt and worry if have to buy bitcoin during on bullrun moment with bad opportunity later will bitcoin going back to lower price?

Until right now not the end of the era for bitcoin hit new higher price, I don't think good ideas keep buy bitcoin right now avoid how bad moment happening again last several season when bitcoin hit higher price but few months later get drop significant. In my opinion, better wait and see for bitcoin possibility around one or two weeks later will raise up or get large correction because nowadays bitcoin have hit most significant price and too high.
Yeah, 100k definitely looks like a possibility and we are going to probably make money there too, can't really see how things could be any different without a doubt, we are going to make some money and we can't just assume that 100k will be the end neither.

We need to make sure we are dealing with a much harder situation here because things will get a bit weirder from here on out considering how it's not that easy to make a bigger decision here. Most people are looking into what we can consider a very tough deal, and for that to mean something we are going to end up with a growing pain but it's going to be worth it. Hopefully, people could check this situation out and hopefully have a much better life afterwards when they look back.
hero member
Activity: 910
Merit: 507
November 21, 2024, 02:40:18 PM
#34
I had my doubts that maybe the highest Bitcoin will reach, at least in these few days, would already be $89k. A lot of us have opted to swap our coins to stablecoins or maybe have converted them into fiat already to maximize the profits and then plan on buying again once it dips. But I see now that I have taken it out of Bitcoin a little way too early. I am not here to share regrets but to remind everyone not to get too swept up by emotions. If I were a lesser man, I would probably buy again because of FOMO, but I know better, and I am just accepting my decision and standing by it. It is not the end of the world and this will not be the highest bitcoin can get to.

Just a simple reminder that do not be impulsive with your market decisions and think long-term plans! Good luck everyone. May this bull run be fruitful for everyone.
Not only but almost all of us never thought Bitcoin to hit this level of the price which was already close to 100k which is above the mentioned $90k Bitcoin price mentioned on this thread, this current market trend is somewhat unexpected which makes it hard for any of us to guess what the next destination for Bitcoin as time goes by, I must say that we tend to lose a lot of confidence in the possibility of Bitcoin reaching and passing the $90k price and that seeing Bitcoin at almost 99k was a big miracle I woke up to meet Bitcoin at around $98k+ before the price dropped a little.
sr. member
Activity: 322
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November 21, 2024, 12:53:18 PM
#33
Remember that Bitcoin price is increasing exponentially since the beginning for more than 10 years. There’s no way a hype will be this long if there’s no real demand on Bitcoin. The increasing demand on Bitcoin will make the price continuously grow until everyone was already invested.

You are right as people are always buying Bitcoin and that is what is making the price to increase and it is not like there is no demand for Bitcoin that the price is getting manipulated. If that was what was happening, it should have been exposed since but Bitcoin growth has being genuine from the very beginning. We are getting closer to $100,000 and it might not excess this month for us to get that. I can remember when the price was struggling to get to $90,000 but we have now stayed above that price for some weeks and it gives the sign of relief that the market can hold above $100,000 when we finally passed that price too. The demand for Bitcoin keeps increasing every time that someone new and influencers gives their support for Bitcoin.
hero member
Activity: 1218
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November 21, 2024, 10:12:54 AM
#32
Bitcoin hit the new record for the price. That is an emotional moment for us because we finally see the price can reach the new ATH. It is only a matter of time before Bitcoin hits $100k soon so we can be very happy to see that happen before the end of the year.

You can buy back Bitcoin especially in the bearish moment so you can waits for that and if you have more Bitcoin, you can determine when you can buy. If you think you want to buy Bitcoin at the price now, you can do that while you need to know when you will sell your Bitcoin. That is why we must have a clear plan and not act because of something that can make us in a rush and end with a mess.

You are right that this is not the end of the world and you still have more time to continue your Bitcoin investment. So you should be patient to waits for that time because Bitcoin has more time to increase the next highest price.
Bitcoin new ATH price above $98k have been passed and near future waiting for hitting $100k after several moment when bitcoin success break new ATH never get failure or drop drastically. I think the moment most be happiness for bitcoin holder after bitcoin success hitting new ATH price every time and not get difficult yet, but doubt and worry if have to buy bitcoin during on bullrun moment with bad opportunity later will bitcoin going back to lower price?

Until right now not the end of the era for bitcoin hit new higher price, I don't think good ideas keep buy bitcoin right now avoid how bad moment happening again last several season when bitcoin hit higher price but few months later get drop significant. In my opinion, better wait and see for bitcoin possibility around one or two weeks later will raise up or get large correction because nowadays bitcoin have hit most significant price and too high.
hero member
Activity: 2604
Merit: 816
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November 21, 2024, 08:57:55 AM
#31
Bitcoin hit the new record for the price. That is an emotional moment for us because we finally see the price can reach the new ATH. It is only a matter of time before Bitcoin hits $100k soon so we can be very happy to see that happen before the end of the year.

You can buy back Bitcoin especially in the bearish moment so you can waits for that and if you have more Bitcoin, you can determine when you can buy. If you think you want to buy Bitcoin at the price now, you can do that while you need to know when you will sell your Bitcoin. That is why we must have a clear plan and not act because of something that can make us in a rush and end with a mess.

You are right that this is not the end of the world and you still have more time to continue your Bitcoin investment. So you should be patient to waits for that time because Bitcoin has more time to increase the next highest price.
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