How to play the 100K bitcoin price, when it seems most people want 100K to sell? - page 3.

Asiska02

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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?

Fear will make a lot of people to sell at $100K or just before it reaches that price. A lot of people have already placed their take profit at $100K to be probable the highest price bitcoin can go in this cycle, but it now seems that things will not be that way again. We may see it go far above the $100K price with this high volatility it’s currently experiencing even though it’s not going to hit it at a go as people will sell before that price in order not be fall short of selling at the higher price when it gets there. So a lot of people that wanted to take full TP that price may reconsider and take some partials that point and then allow the market to continue its uptrend movement.

mirakal

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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?

Bitcoin price has been fueled by consistent all time highs, with Trump’s victory behind of it. But asking whether it’s good or reasonable to sell before $100k price, all I can say it depends on your own target selling price. If you can hold even longer until $100k hits btc, that would be more advantageous selling price, but if you sell at the current price because you have already accumulated huge profits, then never doubt selling some of your coins. After all, reaching $100k price for btc is just people’s anticipation and wild but educated prediction, your own market analysis and prediction will still be the one to matter in the end. Evaluate the current price, and check if it’s good enough to sell.

STT

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Alot of people will argue hold and that is in the majority correct but its not trade or speculative which I guess this forum is biased towards. Now is not especially bearish imo but we can pull back to 69k imo for a variety of reasons.

The 50 day average is at the 69k level, its also now support which mostly will always be checked in a good trend a climb involves a good foothold and check of that support. Also the majority of weeks since August have held in line the area where 69k now is, this rush upwards has got us out of balance. We can just continue upwards but I would not begin to bet on 100k now, I think its too late and selling is apparent, we may find buys into that or not.

passwordnow

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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?

You'll be surprised that there's always buyers and sellers on this market regardless of the price.

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

Maybe just hold?

You can. I'm also holding until I am happy to sell some but I don't know yet what I am going to do if we see it happen in actuality. Most of the biggest exchanges don't have any liquidity problem at all until they announce it and limits the buy/sell orders.

philipma1957

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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?

well you got in at 16k it went to 93k and so far you sold nothing.

but at 100k you will sell half

lets pretend it was a coin for 16,000

sell .2 of the coin right now you get about 17600 and have .8 left

that .8 is in a no pressure zone as it is all profit.

note since I do not understand your tax set up I disregard tax issues for cashing out 20% of your coins.

btw you can hodl that 0.8 for a long time years if you want.

just be sure to understand your tax laws.

Jewan420

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Patience and hard work are the keys to success.

"Everybody will sell when bitcoin hits $100k", you are wrong. You can sell your investment from your position, it is your personal wealth and personal wish. If you think this is the last bullrun for Bitcoin, you'd be wrong. Maybe some investors can take partial profit but still most investors plan to hold.

After selling at $100k you will definitely regret it when you see the skyrocketing price of Bitcoin. Plan Bitcoin for the long term. Planning to invest in 2022 and sell the investment in just 2 years, my question is are you a trader?

An investor's aim is never to plan to sell based on profit percentage. It is important for them to achieve their goals on time and according to their plans. They hold on to reach their goals. Investments should be planned and done with integrity.

l99l

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I think some big companies are buying Bitcoin for the long term according to their plans.
That's why they may not want to sell it for $100k or they can take profit. Some will keep it longer as written above and wait for seven digits.
Since this is a personal matter, the final decision will be yours and you will sell or buy according to your decision and look back at the chart in the future and see if you did good or bad.

famososMuertos

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LE ☮︎ Halving es la purga

First of all, I'm just going to tell you something, there are people making money while you wait for the 100k figure, have you even analyzed the percentage that has been managed since the new ATH (second of the year).

Sometimes it is a personal matter (if you need the money) and in others it is a percentage of profits in planning.

That is, we are at the moment of making decisions without hesitation, that can be a mistake, since the price is going to have a correction (maybe not now, maybe in days, weeks, months, it is the "game" but it will happen) so, from what I see you are 100% hodl, then you just execute without hesitation...based on an idea of execution that has matured even over the years.

Consequently there is this "silly" idea of thinking that "everyone" wants to sell at 100k... Hey; not me... Please!, I am still going long term, come on! my goal is 7 figures.

Oshosondy

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Gamble responsibly

If bitcoin first get to $100000, that does not mean the bull market is over. What will happen is that as many people have placed TP order at that price, the price of bitcoin will definitely fall. But it is possible that the bulls can build up the price back and get to $100000 again. If it gets to $100000 again, most people will not sell. I saw this when gold got to $2500, $2600, $2700 recently. It is normal in the market. Bitcoin will not b le an exception but it may still increase later to more than $100000.

edward500

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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?

Topic: How to play the 100K bitcoin price, when it seems most people want 100K to sell? - page 3. (Read 491 times)