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Topic: Bitcoin - what is your plan when we reach $100k? - page 3. (Read 841 times)

member
Activity: 166
Merit: 13
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I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?

Okay, the cryptocurrency market is known for its volatility BTC and the price of Bitcoin can fluctuate a lot in a short period of time and have an impact on other altcoins. Aren't you worried that prices could fall as fast as they have risen?
copper member
Activity: 271
Merit: 40
Realistically speaking, sell it when Bitcoin reaches $100k, maybe not all but might as well profit from it while I still can. Time, effort, and money have been poured onto Bitcoin, I was there when it was below $100, and I'm still here when it is so much more than when it started - I have been waiting and holding patiently for years. So, if ever it does reach $100k, a life-changing and life-altering amount of money, I will sell what I can and hold what is left because ultimately that is what Bitcoin is - money. And what is money but a thing to be used and spent, to purchase things that will help and improve your life, and even the lives of others?
sr. member
Activity: 994
Merit: 441
Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?

I am not a big investor, I am a small investor. But I always pray that bitcoin goes from $100k to $150k very soon. Although our investment portfolio will not grow much if the prices rise, I always pray that the market will rise. Even if I don't make much profit there are many investors here who will make substantial profit. On the other hand, if the market moves to a better position, we will definitely have a better time in this Bitcoin forum. Any project will have 100% chance of success if Bitcoin is in good standing.  Everyone is happy when the market is good. So I never think about my return on investment. I always think that the market should make good positions very quickly.
sr. member
Activity: 714
Merit: 253
I'm waiting for that day to come, so when bitcoin hits $100k, I'll sell everything that I've accumulated and held for almost 2 years. Then I will repeat what I am doing, keep accumulating bitcoins when bear season breaks everything, and I expect it to crash more severely to get bitcoins as cheaply as possible.
legendary
Activity: 2408
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Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?


I understand what you are trying to say, and I have the same question. I see most of us wishing for bitcoin to rise in price as quickly and as high as possible. But my question to those people is, how much profit will they get when bitcoin hits $100k? I mean, did they hold 1 bitcoin or 10 bitcoin? Because if someone holds too little bitcoin, the price increase won't do any good either.

For me, I would focus on accumulation rather than having to test the price and hope for a price increase every day. I believe bitcoin and ATH price hikes are inevitable, getting there is only a matter of time. And our task is when bitcoin hits 100k $, how many bitcoins will we have? That's what we should be more concerned about.
legendary
Activity: 2576
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Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
Sell.

I already have regrets on my past decisions on not selling in 2021 when the market is at it's peak. I just watched the whole market going up while I didn't made a decision at that time. Now my profits at that time just vanished, and I feel disappointed and mad at myself at that time. "A missed opportunity, but lesson learned." That's what I said to myself, and promised that I will sell a huge portion of my crypto holdings when the bull market comes.

I will still keep a portion of my holdings for the next bull run after that. I just wanted to cash out some of my profits that I got in holding cryptocurrencies. I just hope that most here will do the same. If there's a chance for you to sell, and take profit, don't miss the opportunity, and do it.
sr. member
Activity: 1582
Merit: 279
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What you are doing now is indeed very appropriate, because many investors today have stored so many bitcoins to wait until the bull run occurs, and they always exchange all the altcoins they currently have to be made into bitcoin, so many investors today are sure bitcoin can reach $100k but everything takes time and will not happen in the near future, If storing fiat currency today is certainly a mistake for me because Bitcoin will become a sultan at some point.
full member
Activity: 462
Merit: 117
Although that price is very much distant away compared to the current price but it is still feasible and in years to come. It will only take a long term holder to actualize such dream and not a trader who does his or her trading for earns meet on daily basis. At that point in time, the profit must have been on the high side so nothing stops me from taking profit since i have long been holding.

OP you do not expect everybody to tell you what they would do or use their profit for when bitcoin finally gets to $100k but for sure you should note and expect that investors who has held for a long time would definitely withdraw or take profit from their investment when it  get to that stage.
member
Activity: 994
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Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I like how people now claim that they will keep holding even when the price reaches $100k. I think that this milestone is still far away. It does not look like Bitcoin gonna reach that price during next few years. But the life could easily turn 180 degrees and people will be quick to change their mind. Right now, if a person did not go all-in when the price was $69k, $50k is a good price to sell part of holding, because we had a lot of time to increase holdings and selling part of it would be smart.
Even though it's still far away, it will be okay because I'm sure people are still willing to wait for it. They will even keep buying more bitcoins because of the opportunity to make huge profits if they can sell lots of bitcoins at the next peak price.

But it is not recommended to go all-in in buying bitcoins because there are still opportunities for the bitcoin price to experience multiple corrections. And if we can use that moment to buy at a low price, we will increasingly be able to get big profits when the price increases.
sr. member
Activity: 812
Merit: 315
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Bitcoin can run out of fuel after reaching 100k per Bitcoin, I will be looking forward to short the market by then and making some money till we drive into the next bear market, I am positive that many investors will want more than 100k per Bitcoin, the same thing has been happening since 2018, high Bitcoin price can be so deceiving for investors that don't have the right monitoring tool for Bitcoin price action.

Since I plan to be a long-term Bitcoin holder and supporter I don't have the plan of dumping all my Bitcoin but I will surely take some profits and see what happens after, I also have many things I want to use Bitcoin to purchase and I have 2024 in mind for this.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
2028/2029 is far and it can be a nice target for a better long term profit goal. Speculating $100k isn't  bad, but for me i will start taking between $45k to 80k progressively because of the experience we had in 2021 where we saw the last ATH of over $65k and it made a drastic reversal from that price point and till date we are still battling with price pumping above $28k and maintaining the pump.
legendary
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OP, you have a smart strategy. I also think that we will see at least $100,000 in 2024 or 2025, I actually think the next cycle will top out at $180,000 or something like that. I feel like we were cheated out of a parabolic run in the last cycle due to COVID & the China ban.

I will start selling some after maybe $80,000 or something like that. I’ll sell in increments on the way up. I will buy some more real estate & keep a bunch of fiat in the bank to buy back during the next bear market. I won’t sell any more than 25% of my stash.

I would second that.
Use Bitcoin, and spend to buy your safety (shelter) and peace of mind (alternative, suboar, investment if you like, or signal to “significant others” you “sold some of that magic internet money” without being dragged to bitcoin tickers every hours or so..
Lowering time preferences too much (Hodling forever) is not beneficial.
100k is a significant moment to spend part of stashes, time to start thinking intergenerationally (if you are not already doing it).
sr. member
Activity: 1610
Merit: 264
If it does get to that price, which it will I firmly believe so, you can brt your sweet bippy I'd ball out and enjoy my earnings. Prolly treat the girlfriend to a nice dinner and all that.

As for my financial plans for when bitcoin reaches $100k, I'll keep a good portion of my investments in bitcoin in case it continuously increase like it did back in 2020 when everyone thought bitcoin was done with 30k. The rest I'd put on some real estate, as well as a couple of other commodities that I've been meaning to get my hands on. Still got long ways to go tho, and botcoin wouldn't reach $100k all by itself so cumulative effort is required if we are to even wish to stand a chance at getting in such a high value.
I don't really want to rain your parade with your girlfriend, but we're way too far for 100k still. Maybe if Bitcoin is around 50k at these times then we might predict so. I don't want to be pessimistic as possible, but we're still around 30k just like you mentioned.

Maybe the next halving which is next year could be the ride to that.


$100k a big price milestone is likely to be reached on the next ATH. An optimistic attitude towards the price achievement at the next ATH motivates those of us who are still holding on and still trying to add to our numbers before then. When that milestone comes with a price above $63k or below $100k, I will let go but not 100%.

No amount of speculation can tell when that time will come. Therefore, make Bitcoin a long-term investment with a good plan and strategy because storing Bitcoin for a long time will not reduce its value.
We probably need another ATH before we can call it $100k prediction. 64k was like our last ATH and that was like couple of years ago already. In the meantime, I would do a bit of long-term hodling but still selling at the same time whenever I need to. I won't bring the money to the grave anyway. Cheesy
legendary
Activity: 2520
Merit: 1218
I like how people now claim that they will keep holding even when the price reaches $100k. I think that this milestone is still far away. It does not look like Bitcoin gonna reach that price during next few years. But the life could easily turn 180 degrees and people will be quick to change their mind. Right now, if a person did not go all-in when the price was $69k, $50k is a good price to sell part of holding, because we had a lot of time to increase holdings and selling part of it would be smart.
hero member
Activity: 2926
Merit: 567
I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?

We should enjoy our profit and enjoy the fruit of our long wait, five to six years of waiting is not easy for investors you need full confidence and are dedicated to holding your coins.
For an investor, the long wait should have a plan behind it.
When I realize a profit from that $100k price I will just retire and enjoy the fruit of my patience, those who can keep up waiting for the price to pump are rewarded with good profit.
hero member
Activity: 1316
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I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.
Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
$100k a big price milestone is likely to be reached on the next ATH. An optimistic attitude towards the price achievement at the next ATH motivates those of us who are still holding on and still trying to add to our numbers before then. When that milestone comes with a price above $63k or below $100k, I will let go but not 100%.

No amount of speculation can tell when that time will come. Therefore, make Bitcoin a long-term investment with a good plan and strategy because storing Bitcoin for a long time will not reduce its value.

... Later, when I can earn a good amount of money from Bitcoin and my personal business, I want to use that money to fulfill my personal dreams, help my family financially, and help poor people.
Just do it because it is purely yours and you are free to utilize it where, for what you like.
legendary
Activity: 2590
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$100k is a good price to predict, I believe in the future bitcoin will be make legal tender. Every body in this forum has their own plan in Bitcoin investments, some people here are planning to do holding in bitcoin untill bitcoin become fait, and some people are just in bitcoin because of problem, when the price of bitcoin grow up to $100k, if you satisfied you know what to do with that, but me I will be holding bitcoin until bitcoin become legal tender, if I don't die or situations don't me sell, without getting into the whole speculation thing about Bitcoin, I know bitcoin will become a legal tender.

Are you talking about global legal tender? That is a rather distant and uncertain goal. I don't spread Fuds, but I seriously doubt it, I mean, bitcoin may become legal tender in some countries, but globally speaking is another story. I don't believe big countries like the US and China will accept that because it would weaken their currencies and power. So it's hard for that to happen. A goal for each phase is better than being too long-term because we can't know what will happen in the future, the plan needs to be flexible.
jr. member
Activity: 74
Merit: 1
When the bitcoin price is 100k I will sell 70% and keep only 30%. Because when the price of Bitcoin goes down again I will invest in it again. Invest some money in personal business to build other sources of income. Later, when I can earn a good amount of money from Bitcoin and my personal business, I want to use that money to fulfill my personal dreams, help my family financially, and help poor people.


Sounds like a great plan, I have almost the same excluding helping poor people. I was poor myself btw, so I know what it's like.
hero member
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I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

That's good,
Thanks to the last crazy bullrun over the hype on memes and NFT tokens, most of the new market cap flows are coming through them. If everyone has long-term thinking about securing crypto wealth, your way should be theirs. At least this will absorb those "lost" marketcaps back into the safest assets.
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