Topic: At what price will you bitcoin holders sell if we have a major price spike? - page 3. (Read 691 times)

probably when $100k hits im readying my bags to dump after all a man needs to eventually dump their investment and I personally sees that already sufficient enough in my opinion.
but it depends though my target is flexible if i see that the price climbing up higher and earlier than we expected I will probably holding off from selling any of my bags because i can probably see another higher heights up there and I will set my next target at around $200k.
the thing is that we probably won't be seeing any bottom below $50k again, people have learnt that when the price of bitcoin is dipping it just means a chance for them to invest, the recent sudden price dumps shown me enough that people are eager to make money from the price dipping I mean thing can suddenly turns worse when something as massive as the case of previous bearish happening again.
but i'm sure of it that since i made my investment at the bearish im sure that my capital will never fall short because of slight dump, i know bitcoin will never dumps as low as the price when im entrying.

We all turn into greedy when we are already seeing some price spike happening in the market. That’s why first and foremost, it’s still best to set your target selling price first where you are comfortable of selling and stick to it no matter what will happen to bitcoin. Otherwise, you’ll end up being confused when to sell most especially when the market is highly optimistic until you realize you have done nothing but keep on waiting for another price rise, until you realize you have missed an opportunity to sell at a profitable price due to greed.

hmm, good question. A price of 100k is quite possible and even more, but the scenario may be completely unpredictable. There is another option to take back the funds that you initially invested, and wait for the maximum profit from the difference. This option will save your initial investment and return the starting capital , but you can go all-in and wait for the price you have in mind.

I believe one shouldn't be asking others when it comes to such matters because everyone has their personal financial goals and targets and they can't be the same for all. I might have a different target in mind based on my personal goals and if I tell you that and make up your mind accordingly, you might miss your actual target, so I don't recommend such things because this should be your decision to make, see suggestions, but make sure you are not influenced by them and the final decision is yours.
There is only one thing I would say, don't keep waiting for too long and when there is a correction after the halving event and when you see it's going too deep, try to take profit because you never know, that might be the beginning of the bear run of the new season.

I’ve been saying for about 6 years now that $200K is my price. If we hit that level it will be difficult for me to continue being a holder because I will be able to do pretty much everything I’ve ever dreamed of, with the exception of owning the Sacramento Kings, but that pipe dream may be forever out of reach.

I would sell
0.1 today at 70k+

I would ladder list

0.1 at 79876
0.1 at 84321
0.1 at 94321
0.1 at 111111

And I would on to the rest for dear life.

I think by no people have realise that they should not be selling entire Bitcoin rather the should only sol when they are in immediate need of fund because we have already witnessed how profitable Bitcoin would be hence I would be selling it only it's that's the last resort and since it has already reached $73k I would be selling it for atleast $100k if I had to do.

Everyone have its perfect to to sell its bitcoin or any coin depending on the coins you are holding, like me I have target of when I will sell my bitcoin and if the value of bitcoin have not reach to this particular time, I believe that everyone have it values point when they like to sell their bitcoin, I'm holding my bitcoin base on future, because those people is a billionaire today invested or hold bitcoin when the value was nothing and today they all a billionaire....so everyone have in mind what values they would like bitcoin to reach before sell.

From your perspective its good to achieve your goal but we should know that is not good to have greediness to take over our
goals,so in investment you have to be extremely careful and observe well before you venture into the investment.

I think considering the situation we are in right now, it doesn't really feel like such a big jump to consider people could sell at 70k+ right now. However, that doesn't mean that we are going to have something major, it is going to probably be fine, it is not going to really change all that much.

I hope that people could see some changes here and there, because we look like we might have some troubles if we sell too, since it may keep going higher. A lot of people are seeing the situation like a big deal, but the reality is that we are not going to really see it change all that much if we are not careful. All in all, I think we should just let it be, do not sell, if you do not want to buy that is fine too, but do not sell.

Since you bought Bitcoin in 2022 and held it for a long period of time, you can now make multiple gains on your Bitcoin purchases. Currently the price of Bitcoin is 72000$ which you can earn several times more profit than your purchased Bitcoin at that time. However, since the halving is still a few days away and Bitcoin is at the ATH level, it is more likely that the price of Bitcoin is going to rise in a bull market. As a result, you can still hold on to your bitcoins if you want, so that you can earn more profit. I think Bitcoin will cross $1000 in a few days. Then through this you can achieve more profit And if you want, you can keep some of the profit or the amount of money you used to buy Bitcoin for yourself. As a result, the amount of money you have gained will continue to increase.

It doesn't matter what price you're thinking of, just set the price. And if it doesn't hit, then wait for the next bull run.

I know it sounds so simple, but that's literally what I do.

It kinda means I'm not selling this cycle almost for sure, because my target is $300,000. You're very lucky you have 2 Bitcoins... I'm settling for a total value of around 150k dollars, as it's comfortable for me in my local area to buy a house and the land, very very small, but mine to own.

Don't be quite confident ser, it will not be everyone. I was one of those people who had a "take profit" target of $100k when I started to purchase the DIPs during 2019. But as the six digit price valuation target started to become more and more possible, my take profit target became higher and higher. Then I said to myself my new "take profit target" will be $500,000, then probably to seven digits, then after BlackRock = Never. ¯\_(ツ)_/¯

With the current positivity in the market, I think that it's quite ambitious of me to say that my goal would be around 170k USD, I know it's a weird amount for some but that way, I'm not going to easily waiver when the market shows that it's probably the peak, prepared myself too in the case that my selling price isn't met, if that's the case then I'll just continue hodling again and then just wait more for even more profit. What I'm not prepared for though is when I reach that goal but there's no sign that's the peak, I do have a plan where I sell half and then if it increases even more by about 10% I'd sell half again, but I don't think it's effective, there's probably better strategy out there when it comes to selling, hope that someone can give me some pointers.

If you are trying to predict what the next bubble peak is going to be where people sell so much that it stops rising, I have to tell you that it is impossible to know or predict. Look at any of the other cycles and the bubble peaks. Nobody could tell at those times. For example when price reached $1200-ish back in 2017 (which was the previous ATH set in 2013) nobody could even dream of price reaching $20000 in less than a year as the ATH.

It's the same today. Now that we've just broken the previous ATH at $70k, we can not tell if we are going to reach $200k or $1.1 milllion (same rise as 2017 percentagewise).

I am pretty sure almost everyone that entered this cycle will sell at least some at $100K. This is where we might have that issue like we did with the 2017 top. Where we reached $19500 but never touched $20000 since many had their sell orders there. So keep in mind if this happens then there is a good chance we might not reach $100K but might touch $99K and head back down.

However I predicted this back at $10K in 2017 and $50K back in 2021 and I was dead wrong and sold way too early. So take my analysis with a grain of salt. Either way, somebody has an exit price, even Saylor. If we reach $250K, even he might start taking some partial profits at least.

You have enough questions here and I can't blame you, it's a general panic when it comes to the liquidation of an asset at a very good price that will not cause regrets on whether you liquidated it at a price that would make you miss more money or blaming yourself for not liquidating it soon enough.

Well, first, I would like you to note that there is no perfect trader/investor just as there is no perfect speculation of the market, so there can't be perfect liquidation of positions as well. You should know that liquidation could come with luck as well, this is where luck and expertise are working together due to people's approach because some people would just liquidate at a particular time that the market would start selling without any prior analysis, they will just use their instinct and it will be a near perfect decision. But this is still a style that is random, it is never professional. If You would like to liquidate your asset professionally, I bet you use your chart guidance.

I knew it when the long-term bullish trend of Bitcoin started in 2023 through chart readings, so good chart readers would also know when the long-term bearish trend of the coin starts. This is the best time you liquidate to avoid mistakes. You can use the weekly and monthly charts together for proper analysis to achieve the purpose, and you will never regret it.

Personally, I believe Bitcoin would hit $100,000 in this bullish season and might still hit above $120,000 as well. The comeback level should be between $100,000 and $150,000 as well. If such an assumption is what you want to use, fine, but note that it is just a random pick for the liquidation. What if the asset moves far above the level? This is why you need your analysis.

For me, if I am currently considering selling, maybe if I speculate it is too early to bet, the reasons are:
Bitcoin's countdown to the halving phenomenon is speculated & predicted to occur in time: 39 days 23 hours 12 minutes 28 seconds to go, I'm sure it's not the right time for me to do it, even though $70k has actually happened.

My speculation.

With what I said above, I think you will know when to sell and other things for Bitcoin, good luck to everyone here.

Absolutely. If you believe that bitcoin has huge potentials to reach even a million, then don’t force yourself to sell early but hold continuously until it satisfies your greed. However, if you want to enjoy also the fruit of your sacrifice, then selling a portion of your bitcoin is not bad at all, like selling when $100k is achieved. Don’t worry if you can’t maximize your profits, having the thought that you still have future profits ahead waiting for you is already fulfilling enough.

For now, continue to observe the market and if possible, continue doing DCA. After all, even if price correction happens, once you continue to hold, you won’t still lose your bitcoin.

lol anyone telling you it could spike to 200k quickly is straight up lying to you. Please if you are participating in the market you should have at least a basic sense of the amount of money this all involves and be able to easily realize such a statement is pure nonsense. $200k maaaaaaaybe could happen this bull market, though I think it is unlikely, so most likely scenario is bitcoin hits $200k in about 4 years, not in a few weeks lol.


Personally I expect the peak of this cycle to be around $150k, and I do plan on selling some of my bitcoin as it rises towards that (some of that money will be bought back in on the crash). I plan to start selling a very tiny amount around $110k-$120k, and then most of my planned selling from $130k-$150k, so I'm hoping it hits $150k as that is my highest planned sell.

But I've been holding my bitcoin a lot longer than you and I'm only selling some of my bitcoin in order to set me up to never worry about money again (being a bitcoin millionaire but only having like $5k in the bank is kinda a silly thing for me to continue doing haha). So selling a bit this cycle is part of my life long financial plan and this money will go toward not only giving me plenty of cash so I don't ever have to worry about being short on cash again, but also other things that will increase my income, and the excess will be poured back into Bitcoin on the next bear market.

My point is, you don't NEED to sell during the bull market. Why are you selling? Just because price went up a bunch? Cuz price is going to go many times higher in the future. So if this is meant to be your long term savings, and unless you need the money for some purpose, I would recommend you to just hold through the market cycle. Hold long term. That way you aren't trying to guess when to sell in the next 12 months or whatever, and instead you just let that money keep growing over many years. If you need money for a specific purpose, unless you are like buying a house, you probably only need to sell a little bit of your 2 bitcoins, and should hold the rest long term so you can be spending it when price is $500k, $700k, $1 million, etc, instead of just selling it in the first bull market you've seen.

If there is no real purpose to sell, then no need to sell.

I don't agree completely, It is also smart to use the profit from investing in bitcoins to invest in other things that will be profitable like real estate etc. If you still keep all your profits and hold only bitcoin as investment, that is complying with keeping all your eggs in one basket, which is not good.