Topic: Bitcoin - what is your plan when we reach $100k? - page 4. (Read 841 times)

I originally plan to sell my Bitcoin when the price already reached $100k because that's a decent profit already for me to enjoy. I waited for years and remain patient even many people are spreading FUD that if you're not firm with your decision you might get influence to give up because of your worries.

But now I have no concrete plan yet on what to do incase the price reach another ATH. Because I still want to hold longer to see if the price can surpass the $100k value which is not impossible to happen on the next halving. So I think I will continue to hold until i'm contented with what I gain.

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.

We cant say how many more years Bitcoin will take to reach 100k or 150k but one thing is very certain that most of people buy when Bitcoin is bullish or at its peak. There are very few people who buy at dip and sell at high, majority just do reverse of this. If I have the chance to see 100k or 150k then I wont buy at all on that price rather I will see if I have any bitcoin in my portfolio. If you buy at ATH and got struck then it may take quite a while to get rid of that stock.

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.

$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.

I do agree that 100k seems like a good price and I am invested in bitcoin right now waiting for that to happen. I know that it is not going to be easy and I know that it will take some time but I think it will happen and that is what matters at this moment.

I should point out that we are at a stage where it is going very well and considering that it should not be really a shocking result, I feel like we should forget about what's going on and just focus on what we have. I know that 100k is a great future, but right now what we have is btc price quite low compared to what it can be. At least a double is possible and I feel like a quadruple profit is not out of question, so when you have that in front of you, you always want to start investing, and not be too late to the party when the bulls arrive.

Without getting into the whole speculation thing about Bitcoin, it could be $100,000
by the end of next year, so not too long away.

When it hits $100k I will only do something with Bitcoin if it is a necessity only.
Maybe I will trade some to buy back in the bear market at a later stage. Otherwise
I will continue to HODL.

There will be tough times coming so I wont be just spending Bitcoin for the sake of it
or because it reaches a milestone.

Buy low and sell high. That's the main purpose when it comes to bitcoin trading. And it could vary from people to people. And when it comes to making profits with Bitcoin, if one is satisfied with the profit amount, they will sell for sure. When other people sell their hodlings, the price will obviously go down. Thus, it will create an opportunity to buy again at low. If you are someone looking for profits and opportunity to do it again, then yeah, selling is the best option. But when to sell it is totally on you.
For me, I will obviously take that opportunity to make more profits. Selling high will give me more assets to invest. So I will sell and wait for the next opportunity.

You have a plan to convert altcoins during the bull run into BTC. At the moment you haven't done it or are still in the plan and you will only do it when the bull run occurs.
Is that what you mean? or I misunderstood your point?

Your expectations are the same as mine for the Bitcoin price when it reaches a new ATH. Maybe I won't wait until the price level reaches $100K, but once it's past the previous ATH price I'll sell half of the amount I'm still holding safely.
If you have your own plan which is better to do, then don't wait for someone else's plan.

I don't know how sure you are about your plan especially about making bitcoin as savings.
Bitcoin are also a good hedge in the long term, and you may need to get used to not monitoring the market if saving money is why you are buying bitcoin. Saving in fiat in a bank account is not a good option when the economy is experiencing inflation, but bitcoin is an option that can save you from inflation.

So far I still think of bitcoin as an investment asset, actually this is the reason the average user buys bitcoin. I will sell bitcoin, of course - but I will only sell when I feel I have reached my profit target. $100k was the first target, but I wouldn't sell all of it if I believed there was a lot of unrealized profit had bitcoin been able to follow the previous halving pattern.

You are thinking too much in advance about Bitcoin. You expect Bitcoin to reach at least $100k or possibly $150k at the peak of the next bull run. You didn't mention how many years that is possible.Do you have any idea how many more years it might take compared to the current value of Bitcoin? I have always considered bitcoins primarily as savings. Since Bitcoin is the top of all coins, I think Bitcoin will become the global currency.when bitcoin price reaches 100K I will sell some bitcoins.

I'll just keep holding lol. 100k is not that much, to be honest. Bitcoin will be much much more expensive in the next 10-15 years.

I think withdrawing bitcoin at 100k is like withdrawing it at 100$ in 2013. So I won't make this mistake.

Good point. It might happen, that when the price would be close to $100k, the start of mass sales will trigger Bitcoin price to go down. Not a panic, but people will try to lower price to grab more as cheap as possible. It might trigger the price to bounce back from $100k, which means it will be extremely difficult to reach it.

Personally, I think I am gonna sell bigger part of my holding when we rich current ATH and wait for another cycle, when price significantly drops. With fiat funds, I plan to reinvest in something innovative, as I think that we gonna have «something» that will be like Bitcoin, something that will increase its value in years, some kind of a new investing asset.

$100k per single bitcoin is a very important psychological level because of the 6 digits for the first time ever. Probably many people will start selling as soon as we approach $90-95k, I would be very surprised to see bitcoin simply jump beyond $100k at the first attempt. And to be honest I have no idea what to do, there still is a lot of time to decide (because I don't think will ever see the $100k this year).

I will choose a few of my holdings, sell them, and take my profit at that $100k per BTC. As a member here pointed out, $100k might be the ATH for the moment, but it's not the limit for the rest of time. Therefore, in order for me to avoid falling completely behind, I will sell off a few of my holdings, keep some of it, and wait for some other higher mover, so that I can sell more again.
There is nothing I really need those funds for right now other than using them to bag as much BTC as I can even if it takes for me to be buying and selling, so if it happens that the price will drop first before it eventually goes back to the top, that gap between when the price will drop and when it will go back up, that's another great opportunity for me to use my accumulated profit and bag more for myself.

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.

Everyone has different personal ambitions to reach in the market. Bitcoin's bull run to $100k is one of the positive indications that every trader hopes to see. I have personal plans to curb certain outstanding budgets on my book; it is critical that we begin to expand from what we have into something more vital, more like an investment. Opening a grocery shop and selling top-brand phones in retailers will also help my company grow. There is no time to squander; we should use the time we have to convert our earnings into something practical, so that we are not solely reliant on Bitcoin for our daily bread.. .

What I meant was I will not cash out my profits.
I plan to take my profits from BTC once we reach around $100k and hold in a stable coin to then buy back once we drop back down to $30k or so in the next bear market.

We all know how promising the future of Bitcoin is. Especially those who are related to the crypto world must have a special idea about Bitcoin. There is no doubt that Bitcoin will reach $100,000. We have seen where Bitcoin was a century ago to understand where the market is today. Bitcoin market has been bullish bit by bit since early 2023. The Bitcoin market was heavily blamed for Bitcoin's worst slump of the year. However, in 2023, the market started to grow again, when the Bitcoin market value touched a maximum of $69k, everyone was shocked to see it. But Bitcoin didn't stay in the same position for long as it once again turned into a bear market. But currently various experts have analyzed that the Bitcoin market will pump a lot again in the current position. And 2024 Bitcoin market is likely to be pumped to the max and Bitcoin price will surely touch $100K.

When the bitcoin market reaches $100k I will sell the bitcoins I had invested. I will sell 75% - 80% of the bitcoins I hold instead of selling all the bitcoins I hold and delete all the bitcoins I invest in later. And leave the rest and the bitcoin market is not in the same state it will be dumping again and again that is the religion of cryptocurrency. and when the bitcoin market goes back into a bear market, I will invest in bitcoin again and hold for the long term.

I don't expect much because I don't buy Bitcoin. I earn in Bitcoin. So, Whatever amount I am holding, I accumulated it like DCA. If we don't enter the bull run, I will accumulate more Satoshi. I won't be disappointed if we don't see the bull run soon because this will give me more time to accumulate more Satoshies at a Cheap price. We may see the next bull run after the next halving. I will be surprised if we see a bull run earlier than the next halving.

I will sell a portion of my Bitcoin to get some profits and buy back once the market goes down again. I won't sell all of them because we don't know when you will go down again, or we might never go down that much. We may see a higher price than we are expecting now. I don't know how much you guys are expecting. But, My expectation is not more than 100K for 2024. Because higher expectation makes you disappointed very often. So, I want to tell myself don't expect too much. If you get more than your expectations, you will always be happy with what you have.