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Topic: At what price will you bitcoin holders sell if we have a major price spike? - page 4. (Read 703 times)

legendary
Activity: 2898
Merit: 1823
OP, study Bitcoin Bull-Bear cycles and its relationship with the increase/decrease of the total M2 global money supply. Every time M2 global money supply increases, Bitcoin price surges. But if it decreases, Bitcoin's price crashes, BUT it never goes down under its previous ATH by multiples. Plus the last bear cycle was the first time it went under its ATH which may not happen again.

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At what price will you bitcoin holders sell if we have a major price spike?


The answer is obvious. It's NEVER?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?

It's always a gamble.
sr. member
Activity: 2590
Merit: 452
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I have been thinking about when to start selling my 2 bitcoins I purchased for 21K average in 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.


My advice, don't think about when to sell your holdings, even if you have made a sizable profit. You have 2 BTC since 2022 and if you buy it in the middle of 2022, the highest price of Bitcoin will be around $30,000+, and I don't think you made a big profit and only double compared to the current price of Bitcoin which is $71,500+. Because I don't know what the price of Bitcoin will be when I buy it in 2022, when the price is highest or when the price of Bitcoin falls because you didn't mention it.
And whatever the reason, I advise you to continue holding your Bitcoins or take advantage of this moment to accumulate more Bitcoins periodically, before the Bitcoin price rises further. And I think if Bitcoin hits $100,000-$150,000, it seems like there's a chance of that happening. And you have to continue to hold it and be patient to reach the price you mentioned in order to get a satisfactory profit, at least 3x or 4x the previous price.
hero member
Activity: 2996
Merit: 580
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I'd sell some at $150k-$200k but I'll never sell everything. Just like taking a few sweet profits by that time so that I can taste the flavor of being patient.

But if it won't be reached this bull run, I'm still fine. I'd keep my Bitcoins until I can as long as I don't have to sell, then I won't do it. I've got some prepared to be sold and a portion that will likely be kept forever.

There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?
It's still going to be a long time for this bull run, it won't be a gamble if it's with BTC but if it's with some memecoins, sure it is a gamble.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
I have been thinking about when to start selling my 2 bitcoins I purchased for 21K average in 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.


I'm quite greedy and my sell target is only when bitcoin is above $200k. This is the goal I set from 2023, not because I see the current situation that I change the goal . Because I believe this bull season will be a super cycle and bitcoin will be worth over $200k or more and the $100k target for me is quite modest .

Everyone has different visions and goals, so I can't give you advice . But I just want to tell you, in the long run bitcoin can even reach $500k or $1 million, so why should we be afraid and sell at too low a price to others?
legendary
Activity: 2464
Merit: 1387
How will you sell, slowly into a spike or wait for a set price and just dump.
$100k is the target and right now we are trading with the new ATH and the hype continues.

I can still hold up to this level and will assess the market trend if the corrections is about to happen.

BTC bull trend seems unstoppable right now, this is a good sign to hold stronger and of course stay focus with your goal.

Always have your target profit, once you are happy with it make sure to commit with it so you wont regret things.

When Bitcoin was hovering around $30k the $100k target looked like it was a going
to be a big effort to get there so a lot of people had that price as their sell point.

For me $100k is way too soon. Now that >$60k is kind of the norm now and the ATH
broken $100k is reachable before the halving so I would like to see the Bitcoin market
pass $150k then I'll start considering selling some.

Why sell at all?

It's smarter to keep your profits in Bitcoin.



Personally I have never sold to take profits, only out of necessity. This time around
it will be a bit of both.

There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Why sell at all?

It's smarter to keep your profits in Bitcoin.

legendary
Activity: 1652
Merit: 1208
Gamble responsibly
After seeing the current rally I would never sell Bitcoin below $80k but I will check the market fully before even selling at $80k because if the market become overly bullish during $80k price then I will wait for the pump to reach its intensity before selling some of my holdings.
Bitcoin may get to $100000 in this year. I think selling at $80000 will only be selling too early. Although people will have different opinions on this. Anyone that wants to sell should sell around $100000. Bitcoin is going above $100000.

I would most probably sell it for the purpose of trading not for permanent selling at that price. I'll accumulate more Bitcoin with the money when it sees a correction, that's how I'm planning to sell Bitcoin. I guess if you really wanted to earn some good profits then don't sell but hold your Bitcoin, however if you're good at trading then you can sell and rebuy in order to accumulate more of it.
Some people will see it as a correction but before they will know after they want the market to dip further, they will see the price higher than the price that they sold it. That is one thing about trading.
sr. member
Activity: 2422
Merit: 357
How will you sell, slowly into a spike or wait for a set price and just dump.
$100k is the target and right now we are trading with the new ATH and the hype continues.

I can still hold up to this level and will assess the market trend if the corrections is about to happen.

BTC bull trend seems unstoppable right now, this is a good sign to hold stronger and of course stay focus with your goal.

Always have your target profit, once you are happy with it make sure to commit with it so you wont regret things.
hero member
Activity: 784
Merit: 672
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How will you sell, slowly into a spike or wait for a set price and just dump.
After seeing the current rally I would never sell Bitcoin below $80k but I will check the market fully before even selling at $80k because if the market become overly bullish during $80k price then I will wait for the pump to reach its intensity before selling some of my holdings.

I would most probably sell it for the purpose of trading not for permanent selling at that price. I'll accumulate more Bitcoin with the money when it sees a correction, that's how I'm planning to sell Bitcoin. I guess if you really wanted to earn some good profits then don't sell but hold your Bitcoin, however if you're good at trading then you can sell and rebuy in order to accumulate more of it.
jr. member
Activity: 41
Merit: 50
I have been thinking about when to start selling my 2 bitcoins I purchased for $21,000 each average price during 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

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