How to play the 100K bitcoin price, when it seems most people want 100K to sell? - page 2.

AirtelBuzz

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

Looks like everyone is holding out to sell at $100K, you might be wrong. Everyone has different investment plans and even different goals. So every investor will depend on their own opinion when to sell and when to buy. Just like you said, if it touches $100k after starting investment from 2022 then sell half it is your personal choice.

It is not certain that everyone will sell when the price of Bitcoin touches $100k. Not everyone will sell when Bitcoin hits $100k, there are many investors and large companies that are still buying Bitcoin regularly. One example of this is the Microstrategy companies that regularly buy Bitcoin after it has touched all-time highs, perhaps because they have the belief and experience that the price of Bitcoin will rise to higher levels in the future.

STT

legendary

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Theres more then one type of people involved in BTC so the people whe have bought most recently will likely sell in this area also worried about it retracting and their gains being lost as easily as they were gained.

There other layers of holder who will last alot long or not sell at all.

letteredhub

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It's very dicey though thinking about at what price level do many bitvoihioder plans to dump probably a halve or all their bitcoin but $100k to me seem so cheap for anyone to be in a hurry to sell his bitcoins except hey are a losing a foresight about bigger opportunities for higher highs that bitcoin will be making in 2025 which 100k is just below the bullrun projection.

aoluain

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Quote from: edward500 on November 28, 2024, 03:58:28 PM

Quote from: shield132 on November 15, 2024, 04:45:19 AM

Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.

The pullback already happened!

I'm not sure "everyone" wants to sell at $100k though and actually not everyone sold at $99,500.

Things have changed in the last few weeks and months, perticularly TRUMP and how he is planning
to add Bitcoin to the US reserve.

There was a time a few years ago when $100k was kind of a fantasy it was in the very far distnce
and so a lot of people had that target as their sell point but now that we have more or less reached
that point I'll bet those who wanted to sell at $100k are already looking far beyond.

My thinking is if you dont need to sell and you are not an experienced trader, just HODL

edward500

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Quote from: shield132 on November 15, 2024, 04:45:19 AM

Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.

armanda90

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Near future bitcoin will raise above $100k after success hitting the latest ATH around $93k, have $7k left before raising most expected price by many holder I don't think difficult for bitcoin exactly after Donald Trump win the election as president support bitcoin at his election campaign. Talking about sell or hold depend each personal and I believe many people will sell firstly although $100k is not the most expensive price for bitcoin behind many highest price will raise later.

As short term trading, I will sell early my bitcoin assets if have possibility raise up to $100k and buy back again with lower price how usually bitcoin will get correction, however waiting for bitcoin raise $100k not take longer time after easily bitcoin hitting new ATH price every day last week due Donald Trump win the US election.

$weetne$$

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

Hodling is going to be the best decision because selling can make you to lose your position and there is no guarantee that you will still have the cash to buy back when the markets dumps. Most people are not good with cash therefore if you are one of those people, do not follow the crowd in selling but continue to hodl. You might not see the benefits right now but in the next bull market when people are regretting selling, you will be happy that you did not sell. You can also sell some part of your Bitcoin just before the $100,000 price if you are having some doubts that the market will not pass that price but I think it will pass and go higher. We still have alot of time for the market to go higher therefore, there should not be any need to be afraid of the market dumping on you.

Ricardo11

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Quote from: Popkon6 on November 15, 2024, 05:02:45 AM

A holder who sells Bitcoin at 100K would be a fool, because Bitcoin prices never disappoint. Bitcoin will start to increase as it moves into the future, so it is better to sell towards the country in 2025 than to sell this season.
And selling further into the future is more likely to be successful, because if you go one year into the past, you can certainly follow Bitcoin's lower price. And keep speculating on the Arab future you will surely see the pinnacle of success, so don't despair at present and hold on to Bitcoin, success is guaranteed.

I agree with you, there is a high possibility that, Bitcoin price will definitely be more valuable in the next year, especially if we look nowday at the Bitcoin demand, because the demand for Bitcoin is constantly increasing, And due to its high demand, the amount of Bitcoin holdings is increasing exponentially.

Bitcoin is likely to cross $200K in the coming years, It is very likely, Because many big bitcoin experts believe it. so those who hold Bitcoin patiently will be more profitable in the future. So, if you want to achieve real success and real profit in Bitcoin, So don't want to earn profit at current price, because you can earn much more profit in future, So decide on long term holding. In this you can definitely become more profitable than you expect in the future.

bakasabo

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

Many people, that have bought bitcoin long time ago are now used to holding, used to price drops and jumps, they are very confident in bitcoin. I think that a lot of those, who previously had plans to sell at a round price of $100k, will keep on holding. Maybe they will sell some part of their holding, but not a major part. People who have gone through history of bitcoin price changes would think that would they sell when price keep on growing; we have survived price changes, so why not keep on holding for a bigger profit.

Popkon6

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A holder who sells Bitcoin at 100K would be a fool, because Bitcoin prices never disappoint. Bitcoin will start to increase as it moves into the future, so it is better to sell towards the country in 2025 than to sell this season.
And selling further into the future is more likely to be successful, because if you go one year into the past, you can certainly follow Bitcoin's lower price. And keep speculating on the Arab future you will surely see the pinnacle of success, so don't despair at present and hold on to Bitcoin, success is guaranteed.

shield132

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

fuguebtc

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I don't see anyone saying they're going to sell bitcoin when it hits $100k other than retail investors like us and I don't think that will have much of an impact on the market. On the contrary, I see this as a good thing because after taking profits, I wouldn't be surprised if people FOMO and buy bitcoin back at a higher price if market makers push bitcoin to $120k or $150k. If there is selling pressure from retail investors when bitcoin hits $100k, I believe this scenario will happen.

I think you should stick to your plans and goals instead of asking for others' opinions because neither you nor we know what will happen in the future . Maybe $100k is the top of the cycle or just a sign that things are just getting started as it will almost certainly hit $100k this year and the bull cycle is just getting started.

Hewlet

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

anyone that plans on selling his Bitcoin at $100k ought to have sold it when Bitcoin got to $93k because there's no much additional profit he's going to see when it eventually gets to $100k. I can bet that most speculators didn't see Bitcoin getting to $90k by this time of the year but when it eventually got to $90k a lot didn't still sell. Investing in Bitcoin and choosen when is the best time to sell is a personal decision that should be based on your reason for wanting to sell at a set out price.

Most investors are holding for the long term and not just buying to sell at $100k. Some are just getting started and can't sell at $100k if they want to make good profit from thier investment. If $100k is your targeted point before selling, you can go ahead and seel at that price. What's really most important is that you're profitable at your investment and that's just all.

jcojci

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That will depends on each people plan. If their plan want to sells Bitcoin when the price hit $100k, they will do that and will not regret when the price still increase and hit the next high price. But some people will delay their selling because many people will become greedy and wants to sell at the next high price. We don't have to be like that and stick to our plan so we can have the profit and enjoy it. We can buy back Bitcoin at the correction because after the price hit the high price, the price will go down and have a correction. But it still make sense to hold for more because their target price still at the other high price so they will sell it even the price reach $100k.

Sebas.tian

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

I think, that is the price many holders that are still holding their Bitcoin are looking up to happen before they can release their Bitcoin for sale, because they have seen $80,000 and $92,000 so far and they didn't release their Bitcoin, because they want to make a good income from the market which is possible when the price reach $100,000. I hope you know is not easy for someone to hold his or her Bitcoin over some years waiting for $100,000 to appear before he or she can release the Bitcoin, I think you will not regret for this decision, because that price will definitely going to happen for holders to experience above $100,000 this year. Why not, it make sense if you change your mind to sell your Bitcoin right now, because you will not going to lose since you purchased your Bitcoin since 2022 and the current price of Bitcoin is $88,000 which there still massive income for you to embrace from the market.

Wexnident

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Quote from: edward500 on November 14, 2024, 06:24:47 AM

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Depends on what you want? If you want to maximize everything I'd personally sell and wait for it to hit some lows then hold again for the next 4 years. You can do it partially if you want as well since if you bought at 2022 pretty sure you have a huge leeway in terms of reinvesting. In the first place even if you kept holding you wouldn't be losing out on anything. Sure if price drops the profit you could've taken would decrease, but then again it is still profit.

And the market will always have buyers. Especially at that 100k price point, I reckon there'd be a lot of news about Bitcoin which could again invite a new wave of investors. Might see a temporary drop yeah but I reckon it wouldn't crash down.

Text

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It could trigger a sell-off once the price hits that level, making it harder for the price to sustain or go higher in the short term. So, selling before 100K might help you avoid getting caught in that rush, but it all depends on your risk tolerance and long-term view on Bitcoin’s potential.

If you're still bullish on Bitcoin long-term, holding might make sense, especially since you already have a strategy to sell half at 100K. However, if you’re concerned about a price pullback as that level approaches, taking some profits now or scaling out gradually as we near 100K might reduce some risk.

It comes down to your personal financial goals and how comfortable you are with the volatility.

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legendary

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Why does it not make sense? Most investors have priced themselves at $100K to sell half and then the other half to go higher and that's about the scenario many investors want.

Or you want to completely HODL and wait for the price to go over $150K because for me this is possible, seeing the market situation being overly positive sentiment due to the effects of Trump winning the election.

HODL or selling half at $100K is a great plan.

JeffBrad12

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indeed there will be a big supply wall around $100k, the gesture that the general public have the perception of selling at $100k seems to be true, I mean you can always sell a little bit below that if you're so doubtful, you'd still in big profit anyway.
but even if there's big retracement around that level doesn't mean BTC can't go beyond $100k at some point, just need patience if you are committed to sell above $100k.

at the end of the day it's up to you, whether you're really sure that BTC might tops $100k or not. try to create some analysis and make your own thesis I guess.

bitzizzix

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It all depends on you and also depends on your target in selling your assets, and as long as you sell them in a profitable condition, I think it's okay.
$100,000 is the next Bitcoin price target that might make sense because Bitcoin has passed half of the price of $100,000, and this incident is what makes many people speculate that the next Bitcoin price for the long term will reach that price and currently Bitcoin is approaching that price which I think will happen in the near future.
So the price of $100,000 is not necessarily the target that most people will sell but that price has provided great benefits for those who hold it in the long term, because it is certain that the highest Bitcoin price will continue to rise without limit as long as there is still a lot of demand. And you or someone else will sell it at a price of $100,000 or will continue to hold it, that is also a choice and target for each and certainly the price of Bitcoin does not have a certain price limit and the longer you hold it, the greater the profit you will get because the price of Bitcoin will exceed that price in the long term.

Topic: How to play the 100K bitcoin price, when it seems most people want 100K to sell? - page 2. (Read 491 times)