Lately I have being going into the market with short term aim and u have being making some gains as the amount of satisoshi that I have managed to accumulate have grown significantly since over a mount that I took that approach to take advantage of the bitcoin market volitilities to make some profits for myself.
Although there are times that we make some dollars loses but overall the amount of my bitcoin Sat's, increase slightly which overall is a good sign
Topic: At what price will you bitcoin holders sell if we have a major price spike? (Read 621 times)
April 13, 2024, 11:40:01 AM
April 13, 2024, 10:56:23 AM
Predictions on the price to sale in this bull run keeps changing, in the last quarter of last year leading to the Bitcoin ETF, it was to sale at $100k, but after the ETF happened and a new ATH was seen before halving, the optimism hit the roof and I'm hearing between $150k to $200k. I think that we might see $100k or slightly above this year, and it'll still be early, so if I want to sale I'll do so when I see price reach $150k and above, I'm quite positive that it can happen within 2025. So I'll just keep the faith and keep hodling till it reaches the estimated target before selling.
That's because they did not expect the bull run will come so early and they are very positive that we will get to $100k in no time and once we are already there, it's normal for the people to set a new target again because we will get left behind. Not only cryptos but technology and others are also evolving, so we need to keep up with the pace. I think the max price that we can get this year is $150k but this was a very good achievement already for Bitcoin and also for the long-term hodlers who get this far before they drop their loads but they can choose to leave something apart from buying another because we are not done yet with our bull run, as we haven't reached $200k yet. 
April 12, 2024, 05:52:11 PM
I have seen that the price here is $100k, it is something that everyone wants, but I am sure that when they sell at $100k, they will be buying a lot and those who sell will not even Realize it but after doing so the price will continue to rise like the foam and it could reach about $150k, it could be a lot, or maybe I'm too positive, but it is something that can happen and it is Something that is within the possibilities, many have high prices, at more than $150k, like I am somewhat conservative, I think that price for me is a good peak, but so far what we can see is that the price is rising, but there is something that is still missing, I don't know if after the halving this will skyrocket, but the market looks very good, bitcoin is more willing to rise in price.
April 12, 2024, 04:25:45 PM
If we hit $100k I'll probably sell 1% of my bitcoin to have some fun and buy some gifts for my family, but that's all I'll do. I'm a holder and I'll keep holding most of my savings in bitcoin, regardless of the price. If we suddenly went to $200k I'd also sell 1% to celebrate, just as if this was $100k. That said, at 1m I'd probably buy myself some more treats, so $1m would be that trigger where I'd maybe get rid of 10% of my bitcoin. That said, I cant think of a price where I'd sell everything. Even at 1m it would only be 10%. Same thing at $2m - another 10%. I'd rather live a normal life holding bitcoin than spend it all on lavish lifestyle and own no bitcoin.
I like the way you treat your investments and maybe this is a very wise choice when you think about a good future or retirement with bitcoin. The price of bitcoin will basically never rise easily past $100k, let alone $500k to $1 million. This is indeed difficult, but of course there is a profit target that we need to achieve and when that target is achieved we also need to sell bitcoin to enjoy it, not just invest.
I prefer to withdraw all profits and leave my main capital for growth. Of course the profit I expected was higher than my capital, so I invested in other businesses to generate side income. This is the thing that I think about the most, but so far I haven't determined where I should withdraw all the profits because I still want to hold bitcoin in the long term.
April 12, 2024, 04:01:05 PM
If we hit $100k I'll probably sell 1% of my bitcoin to have some fun and buy some gifts for my family, but that's all I'll do. I'm a holder and I'll keep holding most of my savings in bitcoin, regardless of the price. If we suddenly went to $200k I'd also sell 1% to celebrate, just as if this was $100k. That said, at 1m I'd probably buy myself some more treats, so $1m would be that trigger where I'd maybe get rid of 10% of my bitcoin. That said, I cant think of a price where I'd sell everything. Even at 1m it would only be 10%. Same thing at $2m - another 10%. I'd rather live a normal life holding bitcoin than spend it all on lavish lifestyle and own no bitcoin.
April 12, 2024, 01:39:08 PM
Predictions on the price to sale in this bull run keeps changing, in the last quarter of last year leading to the Bitcoin ETF, it was to sale at $100k, but after the ETF happened and a new ATH was seen before halving, the optimism hit the roof and I'm hearing between $150k to $200k. I think that we might see $100k or slightly above this year, and it'll still be early, so if I want to sale I'll do so when I see price reach $150k and above, I'm quite positive that it can happen within 2025. So I'll just keep the faith and keep hodling till it reaches the estimated target before selling.
April 12, 2024, 12:33:34 PM
But you can hodl your BTC till $100k or $150k occur in the market and nothing wrong about that, but those that will be selling their BTC before such price will begin to exist in the market, it will help them to make more profits than those that will continue hodling their BTC till their target of $100k come to real in the market before they can sell.
It depends if Bitcoin price will experience massive correction before it hits the 100K price target because those who will sell now will obviously get less profit compared to just hold if they can’t enter on price that is much lower to their selling price.
Judging on the current price condition of Bitcoin which 60k is already a strong support. I think 100K is already around the corner without any major correction.
Quote
Once there is a bull market, I will sell and save the money and wait for another lower price to come before i can buy again and hodl the BTC for 4 years because the massive bull use to occur every 4 years some time.
Except on this year, Because it only took approximately 2 years before this current bullrun happened.
April 12, 2024, 12:19:26 PM
I was having this kind of mind set before, that made me to remain low in wealth because I told my friends that I will not sell my btcs until the price hit $100k, but till now the price is still far from $100k that made me to changed my mind to sell my BTC, and never to wait till $100k before I will sell
But you can hodl your BTC till $100k or $150k occur in the market and nothing wrong about that, but those that will be selling their BTC before such price will begin to exist in the market, it will help them to make more profits than those that will continue hodling their BTC till their target of $100k come to real in the market before they can sell.
Once there is a bull market, I will sell and save the money and wait for another lower price to come before i can buy again and hodl the BTC for 4 years because the massive bull use to occur every 4 years some time.
But you can hodl your BTC till $100k or $150k occur in the market and nothing wrong about that, but those that will be selling their BTC before such price will begin to exist in the market, it will help them to make more profits than those that will continue hodling their BTC till their target of $100k come to real in the market before they can sell.
Once there is a bull market, I will sell and save the money and wait for another lower price to come before i can buy again and hodl the BTC for 4 years because the massive bull use to occur every 4 years some time.
March 16, 2024, 03:23:20 PM
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.
Totally depends into your own personal targets on which not everyone would really be having the same targets that we do have in our investment. If Bitcoin would really be making those price spikesI 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.
then of course there would really be those short term fellas who would really be securing profits as much as they could and there are ones who would really be having that threshold hit before
they would be making such act on which it would really be just that a common approach. So selling decisions would really be entirely be depending on you on which whether you do sell on 100k-150k-200k or
even on $1M then its all of your own preference.
It is really just that each one of us does have that sell targets and there's no way that we can tell on each of everyone of those selling points. What matter the most on here is on the
profits that you are making doesnt matter if its short term or long term.
March 16, 2024, 02:19:54 PM
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?
$200K? It might happen, but the chances are pretty low TBH. The more realistic peak that can happen is around $150,000. Only me, and other people's prediction. My question is when will you guys start to sell if we have a major spike?
When will I sell? My starting selling price is $100,000 then I'll do it again when it reaches $120,000. If it will not reach $150,000 for some reasons and it chooses to go down already, I will sell all of my assets when it hits $100,000. At that time, I'm not holding any Bitcoin anymore aside from maybe 0.001 BTC that I'll be holding for maybe longer (might sell it on the next bull run).
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.
Always set a selling price, and whatever happens, sell at that price.How will you sell, slowly into a spike or wait for a set price and just dump.
As long as you have profit on it then it's all good. You can sell a portion of your Bitcoin holdings at $100,000 if you want to, and sell the other ones when it goes up even more. How will I sell? I already said it. It's kind of like DCA but selling instead of buying. Set selling price targets, but I would suggest to start selling at $100,000 because we might see some selling pressure there.
March 16, 2024, 01:43:10 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
At some point, investors will have to sell in my opinion, and it's obvious to get the profit. I mean if you have been holding or accumulating like in 2022 or at least during the FTX collapse, that is a huge gains already if we hit $100k. So maybe the plan is to sell just in parts. If it hit $100k then sell some, and so $120k or if we hit $150k. At least that could be a good strategy in my opinion, staggered sets and at least you could have taken profits every time the price reaches new heights. But not today though, it's just $70k and not going to make that great ROI in my opinion. Next year should really be the goal for everyone to sell.well it depends on your age.
when you got in
price you got in.
how many coins do you have.
take a 50 year old got in 2017 for 16 k a coin and hodled till now.
well he would be 57 .
and if he got 5 coins for 80k in 2017 he is likely to sell 1.2 coins.
that gives him 3.8 coins and the same 80k he started with.
but if you are 35 and purchased a coin for 60 k in april 2021.
you may say fuck this hodl hodl hodl. til 2028.
March 16, 2024, 12:10:00 PM
The walls are there for exactly this reason. You can go ahead and see where the walls are, they are all called "resistance levels" and they show where people are putting their money. Doesn't mean that is the only thing, but it is definitely something to look for. I think that is important because we are going to see them do a lot better with time.
I hope that people could realize what kind of profit they could make from this, and that should be the most important thing in the end. I know it is not taking people that long to realize that you could just use those walls to sell and get out too, or support levels to buy as well. Just check those out and try to make a calculated guess on where people will mostly get out.
I hope that people could realize what kind of profit they could make from this, and that should be the most important thing in the end. I know it is not taking people that long to realize that you could just use those walls to sell and get out too, or support levels to buy as well. Just check those out and try to make a calculated guess on where people will mostly get out.
March 15, 2024, 07:48:48 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
For early investors, that could mean a huge amount of profits already. But for those who have just bought their bitcoin months from now, well hodling might be more recommended. However, with OP’s situation, he can actually sell but only a portion of his coins so that he can look forward for bigger profits when bull run comes. Selling is not really an issue once decent profits are gained, but if you sell at a hesitant price, then just continue doing DCA and hodling, you can sell later on when you’re no longer doubting the price. 
March 15, 2024, 06:25:52 PM
I'm not sure at what price I should sell bitcoin - but it's very possible for me not to sell it now even though the price has touched $73K in the past few days. Selling gradually at each ATH level such as $100K, $120K and $150K is a plan - but I'm not sure about selling everything until then if I see there is higher potential waiting.
I have a plan and a target - so will probably make sure to get out then especially if the target has been met. It doesn't make sense to hold bitcoin without selling forever even if $1M can be reached in the next few years - I mean a 4 year cycle is still very likely to make the price fall even if the highest ATH after the halving this time hits $500K.
I have a plan and a target - so will probably make sure to get out then especially if the target has been met. It doesn't make sense to hold bitcoin without selling forever even if $1M can be reached in the next few years - I mean a 4 year cycle is still very likely to make the price fall even if the highest ATH after the halving this time hits $500K.
March 15, 2024, 05:37:56 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
At some point, investors will have to sell in my opinion, and it's obvious to get the profit. I mean if you have been holding or accumulating like in 2022 or at least during the FTX collapse, that is a huge gains already if we hit $100k. So maybe the plan is to sell just in parts. If it hit $100k then sell some, and so $120k or if we hit $150k. At least that could be a good strategy in my opinion, staggered sets and at least you could have taken profits every time the price reaches new heights. But not today though, it's just $70k and not going to make that great ROI in my opinion. Next year should really be the goal for everyone to sell.$100k is huge enough if you have been hodling for years. Take time to sell and take time to hold the rest of your coins. Bigger profits are still coming our way, so we should also look forward to that.
March 15, 2024, 05:15:33 PM
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.
Each investors or trader would really be having their price threshold on which they would really be definitely be that depending on their preference. If you've seen that 100k your selling pointI 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.
then go with it. Profit is profit considering that you have been able to get in when Bitcoins price is on 20k on which i could say that it is really that indeed a sweet entry considering that
$15k was the bottom on this cycle. Now that the price is really that clinging up then it is really that good to see our port had been able to make profits or multiple folds.
Holding would really be on someones choice because not everyone would really be a holder. So if you do find yourself that holding up for long term then it would be your choice.
Bitcoin is really that something worth to be hold for long time.
March 15, 2024, 05:13:24 PM
HODL all the way!! I get that a price surge is tempting, but with BTC it's best to stay for the long haul. I mean, 100k is a common target and has many positives if you go with the right investment strategy (check r100k). But you're absolutely right, people are even eying 200k. So, it's all about your investment strategy and how long you can afford to keep investing. And don't worry about the dips, they are normal. So do not panic sell!
March 15, 2024, 11:31:33 AM
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.
Investment is not like some one-size fit all type of thing, of course it's different based on each situation. It depends on where you entered, it depends on how much you have, it depends on your life outside of crypto, it depends on where you live, it depends on your salary, it depends on your other assets.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 can keep on counting a million things, it depends on a lot. I just say that people get out when they feel like it's enough, and what is enough is not the same for all. A doctor at Harvard will not get out at the same price as some African student who invested a little, so it's not going to be the same thing for the whole humanity. World is 8 billion people, you can't put them all on the same basket and ask this question regarding them all.
March 14, 2024, 11:29:17 PM
I think right now what is wise to do is monitor the etf flows. Because I predict that if the flows start to go flat or they start to go negative then we might of topped.
Question is when will this happen? It’s impossible to predict. Almost everyday for the past month we got $500M worth of daily inflows, very rarely having a negative day.
But since there is no technical analysis in this area it’s the only fundamental analysis we can use to trade.
Question is when will this happen? It’s impossible to predict. Almost everyday for the past month we got $500M worth of daily inflows, very rarely having a negative day.
But since there is no technical analysis in this area it’s the only fundamental analysis we can use to trade.
March 14, 2024, 11:11:25 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
will you sell in that level mate? because it seems that you are curious of that price mark .I may consider selling or not , but for sure I will test my capacity to hold and may sell half of my holding.
there are so much expectation in this year because the market shows crazy movement , with all this
I know that many of us will decide properly and will not regret their actions if the price continues to increase
in 2025 about 200k.
March 14, 2024, 09:17:25 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
Most holders wouldn't even wait that long in my opinion, and selling will start immediately as Bitcoin hits $90k because people who have bought Bitcoin when it was priced below $30k will surely take some profit when they see they are getting more than 2x of their initial investment which isn't a bad deal.
That being said, on a second thought, I think profit taking processes have already started because Bitcoin is already pretty high and some people might be taking profit even now thinking that the market might take a plunge from here and they will buy again after taking profit right now. Such people will miss out if the market doesn't go down significantly, but if it does, they will be on the brighter side for sure.
March 14, 2024, 08:26:24 PM
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.
What if Bitcoin manages to hit a few million dollars as a price in the next few years? Will you then be able to have your pipe dream come true? 
Well, for me, Bitcoin reaching $100k is a great point to start taking profit from because we know Bitcoin moves in a cycle, so the decline can start any time after that in case the hype starts fading away or people start taking profit in large quantities because those who bought very early wouldn't wait for more if they see Bitcoin reaching $100k.
However, the decision will vary for each holder, just like how you have been waiting for a certain price for 6 years, someone might have their goals fulfilled in a few months because they have a lower target.
I do not see a million anytime soon. I won't be selling much of mine while we are under 100k.
Under 10%. If we go over 100% I would sell 10% more.
March 14, 2024, 07:48:03 PM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
No one holds the future price of bitcoin but if bitcoin will continue to move positively, then reaching $100k prior to halving or post halving is very possible. But selling with that current price, I guess that’s left for you to decide. However, if I were in your position, I would not doubt selling a small portion of bitcoin. After all, we’re here to enjoy some profits and not just hodling all the time. And continue to hold the rest of your coins for future profits, because for sure bull run will certainly make it happen. 
March 14, 2024, 12:53:23 PM
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.
What if Bitcoin manages to hit a few million dollars as a price in the next few years? Will you then be able to have your pipe dream come true? Well, for me, Bitcoin reaching $100k is a great point to start taking profit from because we know Bitcoin moves in a cycle, so the decline can start any time after that in case the hype starts fading away or people start taking profit in large quantities because those who bought very early wouldn't wait for more if they see Bitcoin reaching $100k.
However, the decision will vary for each holder, just like how you have been waiting for a certain price for 6 years, someone might have their goals fulfilled in a few months because they have a lower target.
March 14, 2024, 11:27:34 AM
I believe those are very conservative ATH projections. 
In 2021 (like many) I was too bullish, so I'm cautious this time 
For me this is however a price range where I could be fine selling at least a part. I never sold everything I had (only in the case of some altcoins, as we all know these fall usually 90% in the bear market or more).Because of the ETF, Bitcoin's potential ATH value has probably increased ten-fold.
Ten-fold is too much. This is a too US-centric perspective. There were already several exchange-traded products and even some ETFs (several ETFs in Canada, Jacobi ETF in Guernsey, ETPs in Germany and Switzerland, another ETF in Brazil) which allowed exposure to Bitcoin. Some are quite new though so most were not available in the last bull run (pre-2021).But there's one thing you may be right:
In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.
I definitely expect, if this bull run continues, that soon we will see a resurge of the gold vs. Bitcoin debate, fueled by exactly what you mentioned: the competition between Gold and Bitcoin ETFs. And this time it could be serious, i.e. that this time Bitcoin could really capture a substantial part of the money which goes into gold normally.The reason why I described this as a "black swan" (for this cycle) is that probably our bull market is already advanced and this will mean that the debate will only begin when the next bull market begins (probably 2026). If no FTX or Terra/Luna type event occurs, however, the next bear market could be substantially less deep: let's say 50% instead of 70%+. This could help for this debate. Once we reach this milestone, Bitcoin will be more stable than many assets: because 50% is a price retreat which is very common in stocks and possible for gold and many other assets, even in commodities with "real-world usage" like oil or soybeans.
I'm convinced that eventually there will be at least an attempt of a "Bitcoin/Gold flippening".
But it would surprise me if it was in this cycle already. 
March 14, 2024, 10:30:56 AM
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.
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.
If you want profit, then only sell at 100k, else don’t wait for 150k. If you greed for more then you might lose the 100k price mark also. Moreover if you don’t want profits now and good with the investment, then keep the Bitcoins untouched. Bitcoins are way more valuable than 100k usd. Sell these coins only if you need funds, else the investment can really go and turn into big.
March 14, 2024, 06:25:33 AM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
At some point, investors will have to sell in my opinion, and it's obvious to get the profit. I mean if you have been holding or accumulating like in 2022 or at least during the FTX collapse, that is a huge gains already if we hit $100k. So maybe the plan is to sell just in parts. If it hit $100k then sell some, and so $120k or if we hit $150k. At least that could be a good strategy in my opinion, staggered sets and at least you could have taken profits every time the price reaches new heights. But not today though, it's just $70k and not going to make that great ROI in my opinion. Next year should really be the goal for everyone to sell. 
March 14, 2024, 06:00:43 AM
In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.
you have personal opinions?? since when..?
seems you just take other people opinion.. im still waiting for you to for once have a personal opinion of your own you didnt take from someone else
Everyone has an opinion, frankandbeans. You may criticise it, or me, but at least I didn't try to scam someone to have a debate with me just to validate an opinion. It's in your trust-rating.
Please confirm that that's not actually true.
If China wants to lead the "New World Order", it needs to have a very large Gold Reserve. Because if they don't, Russia will do it.
If China wants to lead the "New World Order", it needs to have a very large Gold Reserve. Because if they don't, Russia will do it.
OK, but that doesn't change the FACT that China and Russia have been building a Gold hoard. Whether it's for their preparation for the fight for their "New World Order", probably debatable. But it's probably also good to check the Gold/commodities purchases of the other countries in the "BRICS Commonwealth".
funny how you listened to my points and are now saying gold has reached its day and bitcoin is king as the upward trajectory for 2025
the reason is simple
gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper, which will correct the gold price down in 2024-25
however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down
and so people are selling gold etf and buying btc etf
gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper, which will correct the gold price down in 2024-25
however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down
and so people are selling gold etf and buying btc etf
I stole from you? Why would I do that franknbeans?
Did you steal your opinion from this? Because I could literally do a simple search with the right keywords, and this link would be in the first page.
Quote
Gold ETFs bleed $2.4B so far this year as Bitcoin ETFs hit record volumes
02/15/2024 07:40:22 GMT
Gold-tracking exchange-traded funds (ETFs) have lost billions in outflows this year in stark contrast to ETFs tracking the spot price of Bitcoin
https://www.fxstreet.com/cryptocurrencies/news/gold-etfs-bleed-24b-so-far-this-year-as-bitcoin-etfs-hit-record-volumes-202402150740
March 14, 2024, 04:48:09 AM
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.
At what price will you bitcoin holders sell if we have a major price spike?
The answer is obvious. It's NEVER?
You can't say never, buddy. Or it seems you are keeping your bitcoin holdings for your heirs. If you are not selling now, one day it may not be you who sells it off; it may be your heir who will take after your holdings. I know you have taught them about bitcoin and preached the good tidings to them, making them believers. There is just no way you won't sell your bitcoin. So I'd prefer if you say SOMEDAY. No one knows how long but someday you will sell and take that massive profit. Quote
At what price will you bitcoin holders sell if we have a major price spike?
The answer is obvious. It's NEVER?
March 14, 2024, 04:20:38 AM
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.
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.
Actually as an investor, you need to have an investment goal, like how much you are expecting from this or that investment, how much loss you are will to take, because being a Bitcoin investor, precisely in the crypto space, the level of greed can be very destructive to our portfolio, because you might say from the beginning that, you will sell and take profit when the price reach 100k, but when the price got closer and closer, you will feels like it is too small that you want more, and you will fail to seize the opportunity then, and most times the the price will not got to your second price target, and it will reverse to a lower price, which you will be now forced to sell to a much more lower price because the price is declining very fast at that stage.
So I would suggest, it's best you sell and take profit when the price reach your first target, instead of allowing greed to make you wait further.
March 14, 2024, 03:55:00 AM
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.
This kinds of dream I cherish though it could be personal but I like join in this dream, may this kind grace to hold and be patient enough engolf me, this dream will come through at most in the next two years.
2026 is the actualizing of this dream my faith is there who want to join should.
March 14, 2024, 03:00:46 AM
Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high. And now I do think it there is a good chance it does see that price this year.
March 14, 2024, 02:29:02 AM
In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.
you have personal opinions?? since when..?
seems you just take other people opinion.. im still waiting for you to for once have a personal opinion of your own you didnt take from someone else
an opinion you stole from somewhere days ago was that gold was king due to YOUR ill informed thoughts that china was buying gold exponentially
Please confirm that that's not actually true.
If China wants to lead the "New World Order", it needs to have a very large Gold Reserve. Because if they don't, Russia will do it.
If China wants to lead the "New World Order", it needs to have a very large Gold Reserve. Because if they don't, Russia will do it.
OK, but that doesn't change the FACT that China and Russia have been building a Gold hoard. Whether it's for their preparation for the fight for their "New World Order", probably debatable. But it's probably also good to check the Gold/commodities purchases of the other countries in the "BRICS Commonwealth".
funny how you listened to my points and are now saying gold has reached its day and bitcoin is king as the upward trajectory for 2025
the reason is simple
gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper, which will correct the gold price down in 2024-25
however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down
and so people are selling gold etf and buying btc etf
gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper, which will correct the gold price down in 2024-25
however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down
and so people are selling gold etf and buying btc etf
My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.
That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.
based on the cost of mining when looking at the highest electrical prices of the planet as a ceiling of where traders come to the belief that once hitting the ceiling on the market, its cheaper for all countries to mine coin to then sell vs market buy to hoard..
shows that $140k is a rational number.. for todays numbers projected forward by a year
however ETF are pushing bitcoin markets outside of normal economics.. (outside the fundamentals of underlying value-premium window which is based on mining costs of the planet)
we have seen that although ethereum changed from PoW to PoS meaning it lost its fundamentals of underlying value which should have taken ETH down in price by 20x, it however didnt drop due to its fundamentals and instead rose higher due to its shadow puppet trading against bitcoin rises..
with bitcoin ETF's we could see bitcoin surge above $140k if the persistence of bitcoin ETF keep pushing demand on the bitcoin spot in 2025, or if the mining costs of 2025 surge once again..
but for now a $140k is a reasonable rationale target for todays numbers projected onto 2025
March 14, 2024, 01:13:18 AM
My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.
That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.
I believe those are very conservative ATH projections.
Because of the ETF, Bitcoin's potential ATH value has probably increased ten-fold. Asset managers around the world that wanted some exposure in Bitcoin can currently access it through the ETF. Plus if you're an asset manager with billions under management, would you continue holding a less profitable Gold ETF? Or will you sell some of that to purchase a more profitable investment?
In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.
Quote
Potential other positive "black swans" could rise the peak even higher:
- China allows crypto again
Plus China is in Quantitative Easing/has their money printer on.
Quote
- The BTC vs gold debate becomes more favourable for BTC and BTC is seen as a real competitor, e.g. first central banks buying BTC
Russia?
Quote
I'm not really expecting these two events soon, so these would count as black swans for me if they occur before mid-2025. But I'm expecting them for the next 2 cycles.
👍
March 13, 2024, 11:24:14 PM
Why sell at all?
It's smarter to keep your profits in Bitcoin.
It's smarter to keep your profits in Bitcoin.
All I see is FOMO, you would see so many persons acting as tho they can really hold and now after making profits they want to sell, just to start the process of buying again.
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 $100k if I had to do.
I don't even advice selling at all, bitcoin is an asset and not just some profit maker and right now you can see the pace the big companies are using to buy bitcoin and you well know they are for the hold and also would live to influence price, we retail investors should stop out selling g habits now more than ever, and no one knows If this cycle would happen like the rest, the way I see it we might well start having bull and bear occasional and the days of long bear or very long bull would soon be over, I think it would be more like a consolidation movement where price would drop like 30% and Jack back again, but who knows I might also be wrong.
March 13, 2024, 10:12:37 PM
Well if you want some kind of "rational" response we could build a theory for the next price peak, based on the following statement:
Volatility is declining, but the ups and downs follow a roughly similar pattern than in the previous cycles.
We would then have to find a formula to describe the volatility decline. One very simple measure is to base the decline comparing the difference between 4-year all time highs, in comparison to the previous one. As we had only a few 4-year highs I'll include the 2011 high of 32$.
Then we'd have:
- 2011 -> 2013: 32 to 1200 => ~3650% in 2 years => 510% per year
- 2013 -> 2017: 1200 to 20000 => ~1550% in 4 years => 101% per year
- 2017 -> 2021: 20000 to 70000 => ~250% in 4 years => 36% per year
This already shows us that while volatility is definitely declining, if there is a pattern, it is quite wonky.
One idea is to try to find a trend for the decline of the average yearly growth rates between ATHs. We see that the decline between the 2011-13 growth rate of 510% and the 2013-17 rate of 101% is approximately minus 80%, but between 2013-17 and 2017-21 the decline is is only minus 64%. So we could continue this series and now assume a decline of 48% (80 - 64 = 16, 64 - 16 = 48) between the 2017-21 and the 2021-25 growth rate.
This could give us a growth rate for the "potential peak ATH" this cycle of 19% per year approximately.
As we don't know when the peak will occur, we can simply define some simple points each year based on the 2021 high and apply the +19% formula:
- November 2021: 70000
- November 2022: 83300 (70000 + 19%)
- November 2023: 99127 (83300 + 19%)
- November 2024: 117961 (99127 + 19%)
- November 2025: 140373 (117961 + 19%)
My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.
That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.
Potential other positive "black swans" could rise the peak even higher:
- China allows crypto again
- The BTC vs gold debate becomes more favourable for BTC and BTC is seen as a real competitor, e.g. first central banks buying BTC
I'm not really expecting these two events soon, so these would count as black swans for me if they occur before mid-2025. But I'm expecting them for the next 2 cycles.
Volatility is declining, but the ups and downs follow a roughly similar pattern than in the previous cycles.
We would then have to find a formula to describe the volatility decline. One very simple measure is to base the decline comparing the difference between 4-year all time highs, in comparison to the previous one. As we had only a few 4-year highs I'll include the 2011 high of 32$.
Then we'd have:
- 2011 -> 2013: 32 to 1200 => ~3650% in 2 years => 510% per year
- 2013 -> 2017: 1200 to 20000 => ~1550% in 4 years => 101% per year
- 2017 -> 2021: 20000 to 70000 => ~250% in 4 years => 36% per year
This already shows us that while volatility is definitely declining, if there is a pattern, it is quite wonky.
One idea is to try to find a trend for the decline of the average yearly growth rates between ATHs. We see that the decline between the 2011-13 growth rate of 510% and the 2013-17 rate of 101% is approximately minus 80%, but between 2013-17 and 2017-21 the decline is is only minus 64%. So we could continue this series and now assume a decline of 48% (80 - 64 = 16, 64 - 16 = 48) between the 2017-21 and the 2021-25 growth rate.
This could give us a growth rate for the "potential peak ATH" this cycle of 19% per year approximately.
As we don't know when the peak will occur, we can simply define some simple points each year based on the 2021 high and apply the +19% formula:
- November 2021: 70000
- November 2022: 83300 (70000 + 19%)
- November 2023: 99127 (83300 + 19%)
- November 2024: 117961 (99127 + 19%)
- November 2025: 140373 (117961 + 19%)
My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.
That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.
Potential other positive "black swans" could rise the peak even higher:
- China allows crypto again
- The BTC vs gold debate becomes more favourable for BTC and BTC is seen as a real competitor, e.g. first central banks buying BTC
I'm not really expecting these two events soon, so these would count as black swans for me if they occur before mid-2025. But I'm expecting them for the next 2 cycles.
March 13, 2024, 08:49:08 AM
I have been thinking about when to start selling my 2 bitcoins I purchased for $21,000 each average price during 2022 lows.
Selling half of it is not a bad idea, we just consider this securing our profit. If it fall, we never regret from missing the opportunity. Quote
I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.
Unrealistic...Bitcoin will never go that fast and reach that high instantly. I can't imagine it will happen in two weeks, not even a year. Maybe, it happens in the future but not this coming ATH. Stop believing rumors, $200k is too high. Quote
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.
Just think about this - hold as long as you can but don't bother to decide to sell if you already make a profit. If the purpose of buying Bitcoin is to just hold, then hold. But if our goal is to make money, then why not sell them? 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.
March 13, 2024, 08:43:39 AM
Don't sell them all instead 50% to be selling and the other 50% will remain holding unless the price reached 100k ten consider releasing them all.
Like my plan to sell half of my holding if we will reach 80k before halving and wil try looking for a chance to buy again once the bear followed , but if not and the price will continue increasing then at least I have my holding.
Like my plan to sell half of my holding if we will reach 80k before halving and wil try looking for a chance to buy again once the bear followed , but if not and the price will continue increasing then at least I have my holding.
March 13, 2024, 07:49:23 AM
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.
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.Yeah, I totally understand it too. I can say now my target is #300k because that is my price now and I would not hesitate to sell everything and semi-retire (I can't afford to retire but this would pay all my debts to zero and get rid of need to pay rent).
But once price reaches $300k for real, I don't know if I can get greedy. Depends when I guess. If it's next year, I might get tempted to wait one more cycle
March 13, 2024, 05:01:47 AM
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.
To purchase shares of the Sacramento Kings, it's probably better to wait for $2,000,000 no? Which Bitcoin surging to $200,000 during a cycle, could add to the probability that Bitcoin could surge to seven digits?
Am I merely being a Moon Boy? I believe not ser. After BlackRock entered Bitcoin Land, followed by the Cabal of some of the largest asset managers around the globe, the kind of investors that will buy those Bitcoin ETFs might not care if the price of Bitcoin is $70,000, $200,000, or $1,000,000. They will buy those Bitcoin ETFs because they need it for their portfolios.
HODL on longer.
March 12, 2024, 08:59:05 PM
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.
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.
March 12, 2024, 07:59:26 PM
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.
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. 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.
March 12, 2024, 05:57:46 PM
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.
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 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.
March 12, 2024, 03:37:46 PM
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.
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 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.
March 12, 2024, 03:04:59 PM
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.
March 12, 2024, 03:02:46 PM
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.
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.
March 12, 2024, 02:18:09 PM
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.
March 12, 2024, 01:06:11 PM
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.
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.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.
How will you sell, slowly into a spike or wait for a set price and just dump.
$100k is the target and right now we are trading with the new ATH and the hype continues.I can still hold up to this level and will assess the market trend if the corrections is about to happen.
BTC bull trend seems unstoppable right now, this is a good sign to hold stronger and of course stay focus with your goal.
Always have your target profit, once you are happy with it make sure to commit with it so you wont regret things.
goals,so in investment you have to be extremely careful and observe well before you venture into the investment.
March 12, 2024, 01:05:32 PM
I think considering the situation we are in right now, it doesn't really feel like such a big jump to consider people could sell at 70k+ right now. However, that doesn't mean that we are going to have something major, it is going to probably be fine, it is not going to really change all that much.
I hope that people could see some changes here and there, because we look like we might have some troubles if we sell too, since it may keep going higher. A lot of people are seeing the situation like a big deal, but the reality is that we are not going to really see it change all that much if we are not careful. All in all, I think we should just let it be, do not sell, if you do not want to buy that is fine too, but do not sell.
I hope that people could see some changes here and there, because we look like we might have some troubles if we sell too, since it may keep going higher. A lot of people are seeing the situation like a big deal, but the reality is that we are not going to really see it change all that much if we are not careful. All in all, I think we should just let it be, do not sell, if you do not want to buy that is fine too, but do not sell.
March 12, 2024, 07:22:18 AM
Since you bought Bitcoin in 2022 and held it for a long period of time, you can now make multiple gains on your Bitcoin purchases. Currently the price of Bitcoin is 72000$ 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.
March 12, 2024, 05:14:11 AM
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.
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.
March 12, 2024, 05:08:40 AM
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.
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.
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)_/¯
March 12, 2024, 01:32:47 AM
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.
March 12, 2024, 12:43:41 AM
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).
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).
March 12, 2024, 12:04:36 AM
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.
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.
March 11, 2024, 10:52:47 PM
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.
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.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.
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.
March 11, 2024, 01:39:55 PM
How will you sell, slowly into a spike or wait for a set price and just dump.
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.
Quote
When is the Next Bitcoin Halving?
The next bitcoin halving is expected to take place on May 04, 2024, at block height 840,000. When this happens, the bitcoin block reward will decrease to 3,125
When was the last Bitcoin halving?
The last bitcoin halving occurred on May 11, 2020, at block height 630,000. Bitcoin block reward reduced from 12.5 to 6.25.
The next bitcoin halving is expected to take place on May 04, 2024, at block height 840,000. When this happens, the bitcoin block reward will decrease to 3,125
When was the last Bitcoin halving?
The last bitcoin halving occurred on May 11, 2020, at block height 630,000. Bitcoin block reward reduced from 12.5 to 6.25.
With what I said above, I think you will know when to sell and other things for Bitcoin, good luck to everyone here.
March 11, 2024, 12:23:51 PM
Why sell at all?
It's smarter to keep your profits in Bitcoin.
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.It's smarter to keep your profits in Bitcoin.
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.
March 11, 2024, 12:15:40 PM
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.
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.
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.
March 11, 2024, 11:17:37 AM
Why sell at all?
If there is no real purpose to sell, then no need to sell. It's smarter to keep your profits in Bitcoin.
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. March 11, 2024, 05:30:39 AM
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.
At what price will you bitcoin holders sell if we have a major price spike?
The answer is obvious. It's NEVER?
Quote
At what price will you bitcoin holders sell if we have a major price spike?
The answer is obvious. It's NEVER?
March 11, 2024, 04:40:49 AM
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?
fell and increased their HODL'ings - could be a bit of a gamble this time around?
It's always a gamble.
March 11, 2024, 04:33:23 AM
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.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.
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.
March 11, 2024, 04:21:27 AM
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.
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. fell and increased their HODL'ings - could be a bit of a gamble this time around?
March 11, 2024, 04:09:58 AM
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 .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.
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?
March 11, 2024, 04:05:55 AM
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.
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?
March 11, 2024, 03:59:10 AM
Why sell at all?
It's smarter to keep your profits in Bitcoin.
It's smarter to keep your profits in Bitcoin.
March 11, 2024, 03:58:45 AM
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. 
March 11, 2024, 03:35:55 AM
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.
March 11, 2024, 02:47:23 AM
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.
March 11, 2024, 02:36:30 AM
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.
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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