Personally whatever price bitcoin reaches whether it gets to 100kish price line or below, it's not a time to want to argue with ones self rather it's time to take profit and hold what you seem to be comfortable with even when the market gets volatile as possible.
Even if the forum is a place of speculation and bitcoin supporters you shouldn't be misled my others opinions because everyone here is just predicting and none is certain. so if you have the zeel to to keep holding even when the price high do it at your own risk but what I can tell you is that taking profit should be your most priority.
Topic: If Bitcoin finally reaches 100k will you sell? - page 4. (Read 874 times)
Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
You see Bitcoin profits and its losses, nah individual head ooh wey em be. Na why em be sae everyone supposed get their target price for mind so that when Bitcoin gets to that price they sell off because that's the price they already have in mind all along not what they hear about people speculating about Bitcoin price to reach in the future cos you see nobody can predict correctly what Bitcoin go be by next year and upper years. What we can only assume make Bitcoin go reach a certain price like $100k or above based on wetin the market be currently "bull run". If to sae we d bearish market, people for no d anticipate of a higher price like this, instead na a lower price dem for the anticipate. They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
What about you?
Everyone has thier own plans and for some, they can't even wait for Bitcoin to get to $100k before selling a portion of thier holding. Some sells theres immediately they have minor challenges and have drained down there holding to a point that selling at $100k wouldn't even place them in a good profit.
No one accumilates Bitcoin without a plan of taking out profit at some point and honestly, the beauty of investment is that you're even profitable at it. If my financial plans allows it, I wouldn't sell it even if Bitcoin gets to $100k by the end of the year and I haven't accumulated a good chunk of Bitcoin yet but if my finances aren't strong enough and that's the only option I have, it's still a good thing to do.
What about you?
Every body with the way they have decided to manage their resources and investment if they feels that getting to 100k they won't sell then fine, but to me I am solely here for investment and profiting. Meaning, if my target is reached I don't mind selling and take profits then wait for another best opportunity when the market will drop below to expectations I will buy and accumulate more again, eagerly ready waiting for the next bull run to take profits as usual.
There is nothing bad selling bitcoin and take profits and when the market is down you can refill your bags again to enable you stand in a better position next bear run to buy and accumulates as much as possible.
Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will,
What about you?
Although I'm wondering were you get the idea that some persons do not believe that Bitcoin will reach $100k because everybody here knows Bitcoin very well that $100k is even a small price to be compared with what is coming, so perhaps you were misunderstanding those that was arguing about the possibility of Bitcoin hitting $100k before 2025, so actually the talk was just about this year and not in general speaking of the years to come. What about you?
So actually in terms of your already invested amounts on Bitcoin, e go make sense if you they put am more money inside make in they big because you no say the way you they take grow am na so profits go enter am, me I done gather plenty Bitcoin and I still they see myself like person way never get anything, so as I they hold na so I they put am steady.
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Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
Nothing wrong in taking profits and waiting for the bear market to invest back unless you're financial okay that you won't need to touch your Bitcoin for years to come and you'll still be alright.
No go dey follow people do hodling when in just few weeks into the bear markets, you done rush dey sell because of fear or you no get emergency money and now you go dey sell in loss when you for fit take profit then and buy back in the bear market.
Just so you know, the ups and down of the market is a constant factor that'll happen whether we like it or not so if you sell, there'll always be an opportunity of buying back but no dey in a rush too to sell.
Try make sure you're selling at almost the peak of the market since person no fit get the exact top correctly so when you they buy back, you fit get more Bitcoin for less fiats. Sha everybody different and no two person dey alike so I no know your pocket but no take decision wey you no fit follow through.
I can only speculate what could happen around that price. If bitcoin get to $100000, there would be a resistance at that price and bitcoin price may drop back to $95000. The bulls will need to push the price higher again before $100000 can be a support. I see it more for trading. Holding in long term would be after 2026 for me.
Definitely what I would expect. For every round off number in price,(let's say 10, 100, 200 etc) there is always a correction more like a support or resistance zone to hold it. I've even seen some famous traders who speculates such zones and take it as a confluence to trade. As for op questions, people whom has held their coins for a very long time upon getting to $100k, they might wish to sell it they want to. Again if you have already gotten enough profits from your holding you can sell off some of your coins and actually wait to see if price will drop a bit lower, then buy it back. This will give you even more profits along the way.
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
What about you?
Then talking about the statement I made bold, do not generalize it, not everyone here in this forum loves Bitcoin, they only loves what it brings to the table, in other words they are after only their own interest, or if I may ask, would you have confidently buy and hold Bitcoin if it was behaving as shit coin and alt coin does?
No, I believe you wouldn't even do that, it's because of what you stand's to gain that's why we all invest in Bitcoin, so it's more of interest than love.
Or I would say that what's the point investing if it's not for wealth creation?
Bro you actually don't need a seer to think and act smart, it's more of interest bro.
What about you?
I'm not very certain though but I think that based on our current economic situation and if it continues to get worst by then, lots of people who were opportuned to start holding when the price dropped to 48k, 50, 60 and then witnessed an upsurge to 100k or more would be tempted to sell some portion of their holdings for survival, times are hard currently and what an average Nigerian care abouf currently is survival and at that point some would forget discipline and holding for long term. However in the right sense, someone who just started their investment journey In the interval of months, 1year, 2-3 years shouldn't be in a haste to take profits, you need to have invested for about 4-10 years before considering selling and not just all but some portion left for me I think about 20-30 then continue holding the remaining 70k and using a good method continuesly. Left for me I don't think I'll sell and in a worst case scenario I'll only sell 20-30% like I stated.And then can actually lead to a bearish run
I know say surely surely Bitcoin will pass the 100k mark again but im thinking about the time it will take
It may even take years
And by that time you may want to sell and that will be at a lower amount
But I agree with you in selling some percentage of the Bitcoin
Instead of selling all
What about you?
I'm not very certain though but I think that based on our current economic situation and if it continues to get worst by then, lots of people who were opportuned to start holding when the price dropped to 48k, 50, 60 and then witnessed an upsurge to 100k or more would be tempted to sell some portion of their holdings for survival, times are hard currently and what an average Nigerian care abouf currently is survival and at that point some would forget discipline and holding for long term. However in the right sense, someone who just started their investment journey In the interval of months, 1year, 2-3 years shouldn't be in a haste to take profits, you need to have invested for about 4-10 years before considering selling and not just all but some portion left for me I think about 20-30 then continue holding the remaining 70k and using a good method continuesly. Left for me I don't think I'll sell and in a worst case scenario I'll only sell 20-30% like I stated.
It all depends on one's target, some people have been accumulating Bitcoin for years now even when Bitcoin was not up to $30k in price and they have been waiting patiently for Bitcoin to hit $100k so they can sell some of there Bitcoin and continue holding the rest, however for those of us that has not gone far in our accumulation I see no reason for us to engage in selling our Bitcoin when it finally Hits $100k as for me I will keep accumulating and holding because $100k is not my target.
Those that started accumulating Bitcoin when it was not up to $30k will benefit more if they decide to sell when it hits $100k.
Bitcoin reaching $100k is not a big deal anymore is already close to it and will surely hit $100k and still go beyond that price.
Those that started accumulating Bitcoin when it was not up to $30k will benefit more if they decide to sell when it hits $100k.
Bitcoin reaching $100k is not a big deal anymore is already close to it and will surely hit $100k and still go beyond that price.
When BTC finally reaches $100k na jolly news be that one nau... I no go sell yet... I go hold more...
I can only speculate what could happen around that price. If bitcoin get to $100000, there would be a resistance at that price and bitcoin price may drop back to $95000. The bulls will need to push the price higher again before $100000 can be a support. I see it more for trading. Holding in long term would be after 2026 for me.
Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
Well that aside back then I actually told myself that if Bitcoin gets to 80k or 90k I will sell but for some time I've been having second thoughts
Maybe it's the forum that is changing my perspective because people here are the real supporters of Bitcoin
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
What about you?
Well that aside back then I actually told myself that if Bitcoin gets to 80k or 90k I will sell but for some time I've been having second thoughts
Maybe it's the forum that is changing my perspective because people here are the real supporters of Bitcoin
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine
What about you?
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