If Bitcoin finally reaches 100k will you sell?

Marvelockg

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Quote from: ? on Today at 08:01:09 AM

If Bitcoin finally reaches $100k that should be good start to every investors that has investments and some of the investors that are yet to invest will start investment immediately, during the period Bitcoin have reach $100k some of the investors will thinking to sell there investment while some will keep there investment to yield more profits, since we know how Bitcoin works, if Bitcoin finally reaches $100k and you undergoes long term investment and you think selling some them, it is not a bad idea too.

well, just so you know, Bitcoin has already reached $100k and has gone pass that mark even before it experienced this correction and from all observation, it didn't affect investors decision at all as taking profit at that time didn't look like a necessity for most investors.

Having a set of value you've assigned as your selling point is not a bad thing but buying at this point and planning to sell once Bitcoin gets to $100k only shows that you're not a long term investor and that you're just after the quick profit that might be too small relative to other investment choice out there. Having seen bitcoin getting to $100k and even going past that, I'm more concerned about the future of Bitcoin above $200k before looking out for any sort of profit because it's only at that point that I can talk about a two times return on investment based when I started investing.

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If Bitcoin finally reaches $100k that should be good start to every investors that has investments and some of the investors that are yet to invest will start investment immediately, during the period Bitcoin have reach $100k some of the investors will thinking to sell there investment while some will keep there investment to yield more profits, since we know how Bitcoin works, if Bitcoin finally reaches $100k and you undergoes long term investment and you think selling some them, it is not a bad idea too.

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Quote from: Rhema_Artz on October 19, 2024, 06:19:14 PM

When BTC finally reaches $100k na jolly news be that one nau... I no go sell yet... I go hold more...

When Bitcoin touched $100K, it was a historic moment for investors. Moreover, it was an expected price for all investors, many investors may have planned before investing in Bitcoin that they would sell when the price of Bitcoin touched $100k. Many people may have sold their investments at that price. There are also many investors who are still patiently investing in Bitcoin, meaning their goals are much bigger. As a result, even after the price of Bitcoin reached such high levels, they still patiently held onto their investments and they are holding Bitcoin by purchasing regularly.

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Quote from: ? on December 23, 2024, 04:26:42 AM

Good question! Normally, I do consider myself as an investor and my bitcoin as a long term investment. Even if Bitcoin breaks the 100k resistance zone I will still hold for the next 20 years. If you run a little 'background check'(market analysis) on a big time frame on the Bitcoin we are talking about you will understand from my own perspective. But I will strongly advise you do your own research before investing in any crypto currencies! Cool

Selling at $100k is not a bad idea that is if the investor had been investing for 5-6 years because I believe the investor profit or gain will be reasonable and perhaps the investor might have other plans to... but if the investor just started holding for some months or 1 year ago selling wouldn't be a good choice because the return will not be that reasonable perhaps they still need to continue with their investment and knowing that the potential of Bitcoin is very nice and promising should trigger an investor more to invest. If I may ask don't you think holding for 20 years will be much even though it is a long term investment and are you sure you can hold till 20 years because before then, the price of Bitcoin will be so big or half of what it is now and you might be tempted to sell before then.

Adams0001

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Quote from: HajiBagi on December 24, 2024, 01:23:31 PM

Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Selling your Bitcoin na choice because everybody get their own choice of selling when he or she think that the profit is okay, some people don buy Bitcoin for pass 7 years now when Bitcoin still dey normal and people don't think it will be like this and now they are holding times 4 of what they invest, I will not blame anybody for selling their Bitcoin as they see the price don go up because I don't know the reason why they sell it.

Although it is very good to hold your Coin because what we are expecting in the future will be bigger than what we have see, Bitcoin price in coming 2 to 3 years is going to shock people because at this moment I don't think bitcoin price will go down like the way it is before, Bitcoin Don reach 100k and next year it will pass 100k, if Bitcoin nearly enter 200k make we no still surprise.

Sure, you can sell bitcoin if you want, but you can also retain it and profit as the price rises and your money increases. Many people do not sell their coins easily because they invest for the long term, so even if bitcoin increases in value, some will still keep it because anyone who is on target with it will definitely leave it once they reach their target. If your target is 100k he will sell it, and if it is 200k he will keep it, so bitcoin is not something you should rush into and sell quickly. He takes time before pumping properly.

if you see people sell there bitcoin the time he reach 100k that means na him target be that. Or probably something come up and he doesn't have another option, he will surely sell and solve is problem. As for me anytime am on profits on bitcoin I always sell my profit when I see the coin pump and I will be getting my capital back and be enjoying it. This years bitcoin as reach 100k plus and next years will be expecting 200k plus because I believe on bitcoin is volatile and anything is possible he can probably reduce and he can increase higher.

HajiBagi

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Selling your Bitcoin na choice because everybody get their own choice of selling when he or she think that the profit is okay, some people don buy Bitcoin for pass 7 years now when Bitcoin still dey normal and people don't think it will be like this and now they are holding times 4 of what they invest, I will not blame anybody for selling their Bitcoin as they see the price don go up because I don't know the reason why they sell it.

Although it is very good to hold your Coin because what we are expecting in the future will be bigger than what we have see, Bitcoin price in coming 2 to 3 years is going to shock people because at this moment I don't think bitcoin price will go down like the way it is before, Bitcoin Don reach 100k and next year it will pass 100k, if Bitcoin nearly enter 200k make we no still surprise.

Stepstowealth

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I was looking at the recent comments on this topic to see if anyone has updated that they have sold their bitcoin, still waiting to see.

Quote from: Cityhunter34 on December 20, 2024, 12:02:29 PM

Totally agree! Because as long as Bitcoin investment is concerned everybody have their own target...

I still think that even after the target that some investors have set for their investment has been reached they would still not be in a hurry to want to sell because that is normal human nature, after one target has been met another new target is automatically set. It will not be wise to have patiently waited all these years to finally see Bitcoin bullish and just as quickly as bitcoin gets to your targets you sell off forgetting that the bullish trend of Bitcoin still continues.

Son Of Blockchain (SOB)

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Quote from: ? on December 23, 2024, 04:26:42 AM

Good question! Normally, I do consider myself as an investor and my bitcoin as a long term investment. Even if Bitcoin breaks the 100k resistance zone I will still hold for the next 20 years. If you run a little 'background check'(market analysis) on a big time frame on the Bitcoin we are talking about you will understand from my own perspective. But I will strongly advise you do your own research before investing in any crypto currencies! Cool

Sounds interesting, not too many would be willing to hold for that long, some would sell at some point when their investment is fully due to taking profits, well I must say it's a very good decision and I hope you stick to it cause it would be one of the best decision you'll ever make and you'll be very proud of yourself in future.
Anyways, Bitcoin has made a name for itself in the asset class and it's gradually improving to greater heights therefore such asset is meant to be valued at all cost, however how best can one value their digital assets if not by holding for the future, moreover 100k is not the highest point Bitcoin can get, it would even grow higher and higher, therefore holding on to it for a very very long period is the best thing anyone who's investing on it should do.
I know some people that's invested long before now would feel like selling what they've got, well it's their choice since their investment is due and beyond a full circle, but instead of selling everything it would be more wise to sell some portions and continue holding the larger portions to make more profits in future, while some ignorant people would be selling al they got at 100k the wise ones are buying more and holding to make more profits when Bitcoin reach $1m.

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Good question! Normally, I do consider myself as an investor and my bitcoin as a long term investment. Even if Bitcoin breaks the 100k resistance zone I will still hold for the next 20 years. If you run a little 'background check'(market analysis) on a big time frame on the Bitcoin we are talking about you will understand from my own perspective. But I will strongly advise you do your own research before investing in any crypto currencies! Cool

Richbased

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Quote from: ? on December 20, 2024, 08:49:19 AM

Quote from: Coyster on December 19, 2024, 04:27:04 PM

Bitcoin don even pass $100k, but i never sell, i know say some people go don sell some of their coins as bitcoin reach $100k, it depends on the target wey person set. We all dey different, so we no go get similar targets, my advice be say even if you wan sell, make you no sell all the coins wey you don accumulate, you fit sell a certain percent, but make you still hodl some bitcoin, because the future dey very good for bitcoin.

As you never still sell your bitcoin when the price enter 100k, e show say you get better investors mind. I fit still see am say you also get another better thing wey dey give you money wey go make your mind no go near your bitcoin wallet.

Apart from say person wey dey hodl bitcoin suppose get better source of income, discipline matters in everything investment you are doing because if you are not disciplined, even if you are earning millions, it will still be difficult for you to hodl your bitcoin for a longer period of time. You will always find an excuse to sell at some point especially when you know you have been able to realize some profits from it.

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Na the thing wey every bitcoin investor suppose dey do, get other work wey you go take dey sort matters so that you no go dey check your bitcoin wallet everyday so that you no go out rush go sell am. For me, e never reach to sell, next year go stew pass this 100k.

It depends one how every bitcoin investor wants to go about their investment because there will always be short term and long term investors in the market regardless if they have a stable job they generate income from. No talk say e never reach to sell because e get people wey don dey accumulate since and dem don make better profits from their investment so you don't expect such people to keep hodling till next year. ''A bird at hand is worth more than millions in the bush'', you can't take because of the fact that majority of investors are speculating the price of bitcoin to increase further next year and you still decide not to sell but if you have a long term investment target then you can just exercise patience.

Cityhunter34

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Quote from: SuperBitMan on October 19, 2024, 06:41:21 PM

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.

Totally agree! Because as long as Bitcoin investment is concerned everybody have their own target so you can't sell your Bitcoin when you have not reach your target. So however I think those people that started their investment when Bitcoin was at the range of $20k might have the target to sell at $100k while because they have plan for it already.

Of course for those of us that have not gone far in our Bitcoin investment selling at this present prince is actually not advisable. we are supposed to accumulate enough Bitcoin and hold for a long period of time at least our target supposed to be $200k and above before thinking of selling.

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Quote from: Coyster on December 19, 2024, 04:27:04 PM

Bitcoin don even pass $100k, but i never sell, i know say some people go don sell some of their coins as bitcoin reach $100k, it depends on the target wey person set. We all dey different, so we no go get similar targets, my advice be say even if you wan sell, make you no sell all the coins wey you don accumulate, you fit sell a certain percent, but make you still hodl some bitcoin, because the future dey very good for bitcoin.

As you never still sell your bitcoin when the price enter 100k, e show say you get better investors mind. I fit still see am say you also get another better thing wey dey give you money wey go make your mind no go near your bitcoin wallet.

Na the thing wey every bitcoin investor suppose dey do, get other work wey you go take dey sort matters so that you no go dey check your bitcoin wallet everyday so that you no go out rush go sell am. For me, e never reach to sell, next year go stew pass this 100k.

WhoYouCantKill

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Quote from: Coyster on December 19, 2024, 04:27:04 PM

Bitcoin don even pass $100k, but i never sell, i know say some people go don sell some of their coins as bitcoin reach $100k, it depends on the target wey person set. We all dey different, so we no go get similar targets, my advice be say even if you wan sell, make you no sell all the coins wey you don accumulate, you fit sell a certain percent, but make you still hodl some bitcoin, because the future dey very good for bitcoin.

E get two reasons wey Dey always make people to sell when them no supposed sell, one nah when the price of BTC don high to an extent and them don see a certain amount of profit, this fit make them decide to sell and take their profit, and the second reason nah when price don Dey dip and due to fear of losing their money or their profit, them go panic sell MGL secure their profits and their capital, maybe with hopes of buying again when the market look like say E wan rise again.
Wait, be like E get theirs reason why people go feel like to sell, which is when emergency occur and then them go wan sell to sort out this emergency.
But the truth be say, most of these people wey Dey sell untimely na people wey no really consider the long term potential of their investment, because when investor consider the long term potential, E go prepare for possible upturn and downturns and even emergencies as E go fix en gaze for the long term cos na the only way people fit avoid to sell their coins.

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Bitcoin don even pass $100k, but i never sell, i know say some people go don sell some of their coins as bitcoin reach $100k, it depends on the target wey person set. We all dey different, so we no go get similar targets, my advice be say even if you wan sell, make you no sell all the coins wey you don accumulate, you fit sell a certain percent, but make you still hodl some bitcoin, because the future dey very good for bitcoin.

Tmoonz

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Quote from: Juicyhome on November 19, 2024, 02:51:25 AM

Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it. In the next five years bitcoin will reach $3k. You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

I don't think this advice is good, personally am not always comfortable with anything related to the idea of selling Bitcoin to buy altcoins, even though one might decide to sell part of Bitcoin investment at some point which is ok but selling it to buy altcoins can be wrong, yeah I will suggest it is better one get involve in Bitcoin non related investments such as a more physical investment like selling of consumable and material goods, lands, one can even go into agriculture yeah there are many other investments one can get involved with other than investing in altcoins from the money gotten from Bitcoin.

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Are you still holding it till now? If Yes, then you’re really a big bitcoin enthusiast and your believe in bitcoin is very strong and full of optimism for it. Your perspective on how you perceive and understand bitcoin might be different from those that have hold for a longer term and have witnessed more market conditions overtime. Sometimes it is better to stick to your plan and sometime following their guide will help you in making some decisions. In all of this, just make sure you’re not at loss and you’re able to benefit and profit from your investment.

Quote from: Su-asa on December 18, 2024, 12:21:08 PM

Bitcoin surpassed a lot of people's expectations this bull run season, it exceeded a 100k and there's a high chance that it might continue to go higher. But no one can be 100 percent sure about the market changes this is why it's important to set a Target and sell when it gets to that price. A lot of people lose money in the market due to greed, they always want to keep hodling even after hitting their target forgetting that volatility is constant in the crypto space. If I was hodling Bitcoin I would definitely sell if it gets to a 100k because that seems okay to me, but everyone has their targets though.

A lot of people that targeted to sell their bitcoin when it gets to $100K didn’t sell again because of the market behavior before it finally got to that price. No one was thinking that bitcoin will reach $100K this year, a lot were already forecasting that to happen next year. So when bitcoin got to $100K this year, a lot of hodlers because hesitant to sell because they can still see the potential in bitcoin of making it much far beyond $100K, this is how much people have believe in bitcoin and are still holding till now. It is good to stick to a plan but sometimes, those plans become adjusted when more reality of the market hits and that’s what I think is happening now.

Antotena

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Quote from: Juicyhome on November 19, 2024, 02:51:25 AM

Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it. In the next five years bitcoin will reach $3k. You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

I don't fully agree with this strategy. How do you suggest this to people that bought a full Bitcoin when it was worth $20k, they should be having $80k per every Bitcoin that was bought thag time, now imagine selling $80 and leaving your remaining $20k capital that was used to invest in Bitcoin, how much do you think Bitcoin is going to go before you make a bother significant amount of profits from Bitcoin? It's a reliable strategy if you want more profits.

If you buy at a very low price, I will consider taking capital and leave your profits that is if you are scared but why would you be at this point when you were able to pass every bad sentiments and tantrums throw at Bitcoin, it is the best thing to hold instead of selling your coins now. However, we know say problems no dy finish for the country, if you get problem and you don make plenty profits for crypto, abeg sell make you solve your problems.

Su-asa

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Bitcoin surpassed a lot of people's expectations this bull run season, it exceeded a 100k and there's a high chance that it might continue to go higher. But no one can be 100 percent sure about the market changes this is why it's important to set a Target and sell when it gets to that price. A lot of people lose money in the market due to greed, they always want to keep hodling even after hitting their target forgetting that volatility is constant in the crypto space. If I was hodling Bitcoin I would definitely sell if it gets to a 100k because that seems okay to me, but everyone has their targets though.

Juicyhome

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Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it. In the next five years bitcoin will reach $3k. You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

This is probably the simplest yet complicated action to take for many investors, because influence of other people believes and target would make many investors make the wrong choice and decisions. Before ever you start your Bitcoin investment journey you must have placed a target that the price reaches you would sell off and then probably wait again for the bear or use it for another important thing in your life but where as you have more than enough emergency funds and you are okay then still keeping your coins for further reference isn't a bad idea but don't just chicken out and make mistakes when the Dip starts coming especially those that didn't actually sell off their coins.

Asiska02

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The surge in price recently in bitcoin and the volatility nature of it within a short period of time has made a lot of people that have hoped for bitcoin to reach $100K and sell off changed there perspective about it. This surge has made a lot of people to realize that bitcoin will make a new all time high more farther than the $100K mark a lot have foreseen for it to reach, in no time the bulls will continue to set in and bitcoin will become more adopted and bought than before, the demand for it will continue to increase and we’ll see it going to almost $150K. One can not be so sure of the price bitcoin will reach by end of the bull run, but $100K should not be the target of any holder now.

SmartCharpa

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

You are right, this forum has encouraged many people to change what they think about Bitcoin. Those who are considering selling after they earn a small profit or once the Bitcoin price accidentally reaches their aim, after joining this amazing place, change their minds and decide to keep their bitcoins for a long time. I believe they are individuals who have set a target price for their Bitcoin investment, so if the price reaches that point, they will just sell with the small profit they have, regardless of whether the price continues to rise.

However, you posted this last month while the price of Bitcoin was still between $60k and $70k. We did not anticipate that the price of Bitcoin would reach $90k by the end of the year, but since we're confident it will continue to rise; it has reached $90k. Those who have negative views about Bitcoin should see it for themselves. However, people who sell all of their bitcoins at this moment and don't hold onto any more don fuck up because we can't just sell everything and wait for the market to dip before buying. Let's take advantage of this chance to purchase more and more of it.

Pokapoka124

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The moment of truth go soon reach because Bitcoin don dey approach 100k, make we see weda we go do those things wey we don talk for this thread. E easy to talk but e hard to do for real life. When you consider the greed factor for the matter you go know say human beings fit change mind any time. Bitcoin dey pump, fomo fit make many people change their initial plans.

Zanab247

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People sell BTC everyday and people buy BTC everyday in d market which are activities u will surely see in d market going on, but those that are hodling BTC for long years till now will like to sell their BTC when d price touch high price because dey will like to make profits when dey sell their BTC. I have sold all my BTC when d price hit $73k few months ago because I thought, it will not going to hit $95k this year but what I saw few days ago make me to learn new strategies from BTC hodling that will make me not to rush to sell when d bull run just started.

To me, if d price hit $100k this year, I will not going to sell if I have d opportunity to buy BTC before d price will hit $100k because d profits will not going to be big like those that bought when d price was $20k, hope u see d reason I will not be push to sell.

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Quote from: Smartvirus on November 16, 2024, 06:45:42 PM

No be lie say some people Dey get target price to sell Bitcoin o and as e be now, most people eye Dey anticipate that $100k price range although, no be everybody wan sell am for there shah. Some just wan get that joy way Dey follow say, your hodlings don add value. Na so e be shah.

I no get watin wan make me sell am and price no fit make me sell my hodlings. E no matter if na bull or bearish market we Dey. I prefer make my goin just Dey for wallet, e no go die there. If na to sell and buy back when price dump, that one no be bad idea but, no be something way I Dey practice shah.

Yes, some investors are choosing to set their capital with a focus value of $100k and if you can get yourself to that target, it can give you good profits and conversely, your investment may be empty and it may take a lot of time to create a new area to start from. So, you can focus on taking profits and keeping the capital holding in case of holding valuable assets like Bitcoin. You should be strategic to ensure the sound management of your assets because holding Bitcoin has the potential to make big profits in the future considering the market situation.

It is uncertain how far you can get in the next price correction process and you should plan your investment accordingly.

Smartvirus

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No be lie say some people Dey get target price to sell Bitcoin o and as e be now, most people eye Dey anticipate that $100k price range although, no be everybody wan sell am for there shah. Some just wan get that joy way Dey follow say, your hodlings don add value. Na so e be shah.

I no get watin wan make me sell am and price no fit make me sell my hodlings. E no matter if na bull or bearish market we Dey. I prefer make my goin just Dey for wallet, e no go die there. If na to sell and buy back when price dump, that one no be bad idea but, no be something way I Dey practice shah.

Egii Nna

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Selling bitcoin or buying more bitcoin depends on your own wish, so you are not supposed to be so greedy in the process of that.

Talking about the price of bitcoin, it is something that we have been speculating about for a long time now, in which I know I said it, and I will still say it that for bitcoin to reach $100k or even more, it will be in the ending of 2024 to early 2025, which we have started seeing in reality because the big that bitcoin has made it so far this week was $94k, so it is left for you to choose when to sell it, but mind you, when selling, never try selling all your investment because you will regret it in the future.

Furthermore, talking about different perspectives on bitcoin, all I know is that no matter the interest or love you have for bitcoin, 90% of people that invest in it are doing it for the profit, while some are just doing it as a source of savings for their money, so I don’t think they are people that just buy bitcoin for no reason.

uche6215

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With the way Bitcoin is at the rise and with future projection still expecting to go up the price of Bitcoin is still expected to appreciate and move up above the $100,000 you are mentioning here so the best option for people with Bitcoin assets is still to hold on with it for a while because this period is a critical and defining period in the crypto community

Hardyrobust

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Quote from: Jaycoinz on November 13, 2024, 10:43:56 AM

Volatility is a constant dynamic in the crypto space, with the high rise you should be expecting a huge dip at any time. This is why you should have a target and learned to be disciplined to sell when you hit that target. A lot of people are aiming for 100k but what if the price doesn't hit up to that? What if it's starting going down anytime soon. Greed is something that affects a lot of hodlers and crypto traders. Let's keep our fingers crossed and hope it gets too a 100k, if it does I'll advise you to sell immediately, there's no point in taking further risks.

You dey talk like trader and not like investor because all investor get there investment timeline wey don plan say them go hold there bitcoin before them go sell make be like 5-10yrs or longer so for you to tell people to sell there bitcoin come make me feel say u no sabi wetin bitcoin investment be, because if u no de potential of bitcoin as a store of value and u appears to be shortsighted as to worth of bitcoin if person hold for longer time .so before u offer this kind u need how many btc wey people get for there portfolios and how many years wey them intend to hold there bitcoin .so i go advise u say if u still dey for your early phase in bitcoin accumulation make u focus more on buying more bitcoin than selling.

Jaycoinz

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Volatility is a constant dynamic in the crypto space, with the high rise you should be expecting a huge dip at any time. This is why you should have a target and learned to be disciplined to sell when you hit that target. A lot of people are aiming for 100k but what if the price doesn't hit up to that? What if it's starting going down anytime soon. Greed is something that affects a lot of hodlers and crypto traders. Let's keep our fingers crossed and hope it gets too a 100k, if it does I'll advise you to sell immediately, there's no point in taking further risks.

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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

You are only talk about how you feel, but I think everyone here knows that bitcoin will reach and even surpass $100k except for those that don't know how bitcoin works.

Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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 do that to encourage everyone to foresee what the future Holds with accumulation and HODLing bitcoin for a longer time.

Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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

Even without being told you with mear observation you will understand that bitcoin is the best investment or asset to have for now. And it's very profitable expecially long term investment.

Africolo

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Treats Bitcoin as commodity, if you're already in good profit, you sell and wait for dip and buy again. You keep repeating the cycle to help the network and provide liquidity to the market. We're not in the bull market yet and this is only a panic pump, once it hits resistance it would bounce back to $60k or below before the next bull run.

Miles2006

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Honestly speaking you don’t feel like selling because you’ve not gotten enough as expected. Definitely if you’ve gotten your desired amount afterwards bitcoin price increase you’ll sell and it’s understandable. Well let’s go with what’s provided na you get the coin, just imagine you’ll have to wait for another circle because you don’t just predict the price with full confidence secondly invest for the love of bitcoin but don’t think of throwing your profit out when you know fully well everyone wants the profit. What if bitcoin hit 100k what will happen probably this is time many will be lead by fear, personally I will consider selling as an option after reaching the target.

promise444c5

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100k is more of a popular speculation even though that's not the limit bit there're lots of investors willing to shave some profits at that 100 k particularly so there might be a little dip but at the same time panic sellers will still do their shits so maybe more yet market is still going to recover from it ... it now depends on how long it will take but 100k should create and trigger people to stay alert which means there could be some FOMO buying along the DIP which could make the market rise once again, so how long here (might be days, weeks ,month...who knows
) ...DYOR

rachael9385

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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, just a simple advice, I just won let you know say nobody for this forum they control Bitcoin price, so make you remove that mindsets say those way dey here nai be the real supports of Bitcoin (like you re they ones making BTC to increase and reduce). Almost everybody here just dey make their own Bitcoin predictions because of how them don withness the previous ATH. Well, for you to sell your Bitcoin when e reach $100,000k e dey your hands because nah your assets and nah you know the reason why make you invest in Bitcoin.

Mpamaegbu

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My target na around $120k to $150k before but d way fundamentals come take dey in favour of BTC, I nor sure sey I go sell off completely when e even reach dat zone. From the feelers on ground and by my speculation afta Trump win d presidency, BTC be like wetin fit do more than $200k as its new ATH dis circle. My approach now be sey na to begin take profit small small once BTC enta my targeted region. At $100k, I nor go move. To sell at dat price na to waste my coin.

Hardyrobust

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As fof me , if bitcoin happens to reach $100k i will not sell the stash i have with me because i get investment timeline for my bitcoin accumulation plan so if i never reach that time i will never sell .my major goal is on continuous accumulation of bitcoin and hold for at least 8-10yrs or longer

Nheer

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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

Na people wey never stay long for crypto go talk say bitcoin no go reach $100k. only beginner’s go Dey fear now, but people wey don Dey crypto for long time go know say e go definitely happen, d only thing wey Dey be say na when bitcoin go hit that $100k na him anybody no sabi, so if we get bitcoin, then na to keep on holding am, very soon we expect make that one happen.

Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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

Me I no talk say make you no sell if bitcoin hit $80k, or $90k, but we don see bitcoin price already and bull run never even start, and even if bitcoin hit the $100k wey you Dey talk about, make you know say everything doesn’t end after that. E make sense make you take profit, but make you know say everything doesn’t end after bitcoin hits $100k, and bull run never start and bitcoin don hit $89k almost $90, so if bull run start make we Dey expect more from bitcoin now.

Mayor of ogba

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

I'm still in my accumulation journey, and I have not even accumulated a good quantity of bitcoin, so even though it reaches $100k today or tomorrow, I will not sell my bitcoin for short-term profit. I am consistently accumulating bitcoin with the DCA strategy every month, and sometimes I aggressively accumulate bitcoin anytime I receive an extra payment or a bonus from my place of work, which helps me to increase the size of my bitcoin and also take advantage of the market. I have a very long-term plan for my bitcoin investment, which made me use the money I will not be needing for 4-10 years or more to invest in bitcoin so that I will be moved by short-term profit into selling my bitcoin in a hurry.

Cryptomultiplier

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Quote from: Yucky on November 11, 2024, 10:04:22 AM

Today, I saw news that Bitcoin has reached $80,000 in the market. However, an expert warned that after a significant rise, a sharp decline often follows. This means Bitcoin may drop in value after reaching its peak.

Considering this, I think it's wise to sell at a good price rather than risk losing value when it dips. There are only two possibilities: Bitcoin will continue rising or eventually decline. To avoid potential losses, I plan to sell if Bitcoin reaches $100,000 and reinvest a portion of the profit.

It's a good decision to sell at $100k, but there's no saying when that will happen.
From $95k, it will be okay to accumulate more and wait till $100k, but if such plan to accumulate is greedly done, i hope one doesn't fall into a financial disarray, mostly as it is the yuletide season and prices of commodities will rise. Where it's worse is as we live in a country where Bitcoin isn't yet a legal tender or recognized means of payments.

Chibit01

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The price of Bitcoin is increasing on a daily basis, those that were able to hodl patiently are in enough profit. Volatility is something that is constant in the crypto market always remember this Incase you plan on hodling for too long. Bitcoin is almost 88k, now is the best time to take profit, you don't have to wait till it hits a 100k..A big dip might hit the market anytime, in order not to start regretting just sell immediately. when it comes to crypto you must avoid being greedy at all cost. Well, I can't advice anyone on what to do if they've already made their decision.

Uhwuchukwu53

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Op this your comment of not selling glading my heart ironically because because it seem laughable though tour entitled to your opinion but I still Sense some indecision in your part, I doubt if any one is holding Bitcoin weather long term or short time just for holding sake other than to make profit, it's cleared that everyone has their target if your is not reached yet you can keep holding if Bitcoin reach the peak we are expecting but it would be better you take profit and reinvest when the appreciate time come where more would be accumulated.

Yucky

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Today, I saw news that Bitcoin has reached $80,000 in the market. However, an expert warned that after a significant rise, a sharp decline often follows. This means Bitcoin may drop in value after reaching its peak.

Considering this, I think it's wise to sell at a good price rather than risk losing value when it dips. There are only two possibilities: Bitcoin will continue rising or eventually decline. To avoid potential losses, I plan to sell if Bitcoin reaches $100,000 and reinvest a portion of the profit.

SatoPrincess

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Quote from: CryptopreneurBrainboss on October 24, 2024, 06:09:14 PM

Quote from: SatoPrincess on October 21, 2024, 08:42:33 AM

Hopefully I go don accumulate up to 0.5 bitcoins before that time go reach. I don dey hodl my bitcoins for years now I no go fit sell all of them even if the price break 100k. I no mind the volatility of bitcoin, e get the joy I dey get knowing say I get bitcoin for my wallet. I no sure say I go fit sell all my coins no matter how market pump reach, highest I sell small portion then buy again when market dip.

0.5 Bitcoin go be $50k by that time, that one na block oh. Abeg wetin you dey do to carry get the money to accumulate 0.5 Bitcoin because even now self person go need invest like $35k to fit get that 0.5 BTC.

This na why with just hodling Bitcoin, you dun set for life be that because imagine say person fit accumulate 0.5 or more Bitcoin before the bull market, you no go need invest in altcoins self wey be say you fit lose, for you to make money.

Why many people dey invest for altcoins na say them no believe Bitcoin no fit give them better profits again but just check am out, hodling 0.5 Bitcoin is going to give you around 85 million Naira when Bitcoin hit $100k.

Nothing sure pass this one oh, the wahala now na the money to get the 0.5BTC

Big big dreams CB. My occupation na next of kin lol. On a serious note, e dey very possible to achieve if you don dey gather bitcoins over the years and you dey hodl am. E go hard for person way just start to invest in bitcoin today to accumulate that much. The way bitcoin dey pump now e belike say this my plan no go work o because we fit see 100k by January or February, 2025.

CryptopreneurBrainboss

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Quote from: SatoPrincess on October 21, 2024, 08:42:33 AM

Hopefully I go don accumulate up to 0.5 bitcoins before that time go reach. I don dey hodl my bitcoins for years now I no go fit sell all of them even if the price break 100k. I no mind the volatility of bitcoin, e get the joy I dey get knowing say I get bitcoin for my wallet. I no sure say I go fit sell all my coins no matter how market pump reach, highest I sell small portion then buy again when market dip.

0.5 Bitcoin go be $50k by that time, that one na block oh. Abeg wetin you dey do to carry get the money to accumulate 0.5 Bitcoin because even now self person go need invest like $35k to fit get that 0.5 BTC.

This na why with just hodling Bitcoin, you dun set for life be that because imagine say person fit accumulate 0.5 or more Bitcoin before the bull market, you no go need invest in altcoins self wey be say you fit lose, for you to make money.

Why many people dey invest for altcoins na say them no believe Bitcoin no fit give them better profits again but just check am out, hodling 0.5 Bitcoin is going to give you around 85 million Naira when Bitcoin hit $100k.

Nothing sure pass this one oh, the wahala now na the money to get the 0.5BTC

asarfiar

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Quote from: Rhema_Artz on October 19, 2024, 06:19:14 PM

When BTC finally reaches $100k na jolly news be that one nau... I no go sell yet... I go hold more...

When we discuss historically, we see that Bitcoin price fluctuations have affected the crypto market as a whole. I regret not investing more when Bitcoin was at its peak. The rate at which Bitcoin is advancing today and the (BTC ) price movement still amazes me.
However, we cannot be sure whether Bitcoin will reach $100k in 2024.
I think ultimately whether you're bullish-bearish or not, it's crucial to have a solid bitcoin investment strategy and to be bold and prepared.
I think I will be a happy hodler when Bitcoin hits $100k and that day is very close!

SatoPrincess

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Hopefully I go don accumulate up to 0.5 bitcoins before that time go reach. I don dey hodl my bitcoins for years now I no go fit sell all of them even if the price break 100k. I no mind the volatility of bitcoin, e get the joy I dey get knowing say I get bitcoin for my wallet. I no sure say I go fit sell all my coins no matter how market pump reach, highest I sell small portion then buy again when market dip.

Sim_card

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I have being waiting patiently for bitcoin price to reach $100k whenever it can, but still I keep my bitcoin accumulation journey ongoing. If bitcoin finally reaches 100k price which most investors are waiting to see, I will sell 50% of my portfolio, and buy back with 20% when the bear market arrives. While I invest 30% into traditional business so that I can have several means of income.

DiMarxist

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Every real investors know that bitcoin will hit $100k. And buying and selling of bitcoin at anytime is a personal decision so if you sell at $70k, $80k, $90k, and $100k it is your decision. As for me, the have invested some unit and I have a target year to sell so when the time comes I will sell them and not now. Investing in bitcoin is to make profit so if someone has invested when the price was $54k and now that the price is $68k and the person see that he has made profit and wants to sell because he has made profit then he is free.
As I said invest and selling bitcoin is a personal decision at anytime of his choice.

MainIbem

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Quote from: Pokapoka124 on October 20, 2024, 03:31:38 PM

Nor follow crowd mouth, experience don show me say nor be everything wey people talk na them dey do. Some people fit whine you say them nor dey interested in bitcoin for profit. Nor go dey make your decisions to hodl or sell based on people talk because you nor know wetin them dey do for their own side. If bitcoin knack 100k I go sell part of my investments then wait make the market fall back small then buy again. If the coins way come out reach to start any better investment I go sell am to fiat to finance that project.

Sense dey your talk sha because no be everybody wey dey claim say dem go hodl go actually hodl if Bitcoin reach 100k, eh get people wey no go even wait make eh reach 100k, them go sell at 80k or a little above that mark, the economy too bad currently and no be everybody for our country fit get patience to hodl currently if not I believe say plenty people for really Hodl as dem actually talk, right now food done become the most important thing for our country and an average Nigerian go rather invest on their stomach (stock house with foodstuffs) than not to take profits when them witness better upsurge, make hunger no deal with them. Well, I no dey against anybody wey go sell if Bitcoin reach 100k or above, na those people wey go wipe their portfolio instead of to sell only some portion of their holdings. However you no must wait make the price fall before you buy again, except say you no dey use DCA method.

Nheer

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Of cost surely bitcoin will cross the 100k mark it could just take some time but it will and those who don’t believe it will are just doing themselves. There is. Nothing wrong in selling your bitcoin if it is part of your investment plan and if you have hold on for quite a long time and made some profit from investing then selling few and taking profits is not bad. But selling doesn’t mean you have to sell all your bitcoins, you should always have future plans for bitcoin and keep accumulating because it will not only reach the 100k mark but it will exceed it as well.

Everyone has their plan for their Bitcoin so we might have different ideas but as for me i intend to keep holding even after we hit 100k.

GIF-JOBS

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Those wey sabi Bitcoin well well know say e no go stop for 100k, e fit even pass 1 million. Bitcoin go surely increase for future, and those wey no invest when e cheap go dey regret later. Every investor suppose get specific target for DCA, like 100k, 150k, 250k, or 500k. Each investor suppose get one goal and dey move forward based on dat goal.

And those wey still dey doubt say Bitcoin go soon pass 100k and go dey move forward again, dem dey act like mumu, dem go just dey regret for future. So, no think about others, set your own specific target and move forward. Keep dey invest through Bitcoin DCA, and you go dey build your stash slowly. For future, e go surely make you profit.

laijsica

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Quote from: Pokapoka124 on October 20, 2024, 03:31:38 PM

Nor follow crowd mouth, experience don show me say nor be everything wey people talk na them dey do. Some people fit whine you say them nor dey interested in bitcoin for profit. Nor go dey make your decisions to hodl or sell based on people talk because you nor know wetin them dey do for their own side. If bitcoin knack 100k I go sell part of my investments then wait make the market fall back small then buy again. If the coins way come out reach to start any better investment I go sell am to fiat to finance that project.

By keeping holdings in an upward price trend, an investor should carry himself through more purchases in an effort to have a decent portfolio regardless of price. Allocating yourself to Bitcoin means that your chances of making high profits are stronger. Maintaining maximum patience during the bull season and continuing to deposit Bitcoins regularly through DCA is the sign of a true investor. I think Bitcoin investors are on the brink of another ATH and DCA can be an ideal tool for strategizing to continue accumulating Bitcoin from that perspective.

Of course, if you have enough potential and the potential to make huge profits with enough investment for Bitcoin, then the decision to sell fiat can be fruitful for you. However, in the case of volatile assets such as Bitcoin, it is important to increase the amount of real assets in addition to investing.

Zigabel

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Honestly this doesn't sound true enough to me because for everything you do even things you do for the love of it has got a certain reward system that keeps you returning to them and one of such could be the wealth, satisfaction, pleasure, fulfillment etc, so if you are into Bitcoin investment or trading, you must have a reason for which you do of which profitablity will at some point propel your drive, now even for those who do it for the "love of it", they get their drive fueled by the productivity and profitablity it offers them hence if Bitcoin isn't doing well, most definitely its followers including people in this forum will decline, I believe at your level, profitability is priority and this so according to your post so it makes sense they if you have some holdings now and it gets to $100k you take profit which doesn't necessarily mean liquidation of your portfolio which is literally what I will do, so it's no crime or foolish of a decision to do so at that point as even the whales may be doing same at thst point.

Pokapoka124

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Nor follow crowd mouth, experience don show me say nor be everything wey people talk na them dey do. Some people fit whine you say them nor dey interested in bitcoin for profit. Nor go dey make your decisions to hodl or sell based on people talk because you nor know wetin them dey do for their own side. If bitcoin knack 100k I go sell part of my investments then wait make the market fall back small then buy again. If the coins way come out reach to start any better investment I go sell am to fiat to finance that project.

Coyster

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I go sell, but i no go sell everything na, if i wan enter other investments or i wan buy something, i go sell some, use the money run wetin i wan do, but i no go fit sell all the bitcoin wey i get, come convert am to Naira, that one na foolish move na, Naira wey dey depreciate everyday.

Even if you wan sell all your bitcoin, e better say you convert am to stablecoins backed by the dollar, but you go sabi say risk dey when you dey hodl stablecoin, so you go decide wetin dey better for you.

Egii Nna

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

What about you?

Holding bitcoin is not done for love or for wish, but just to get profit. Again when looking for that profit you have to stick to your plan, if not you will still regret and go with the smallest profit but you won’t know until the future is there.

Bitcoin price is never stable. Knowing well that even if bitcoin reaches $100k it will still drop and is some time it will still go more than that. So what will be your essence of selling your investment when you know that if you are patient and hold it for long time you will get a lot of profit than selling them at $100k?

For me even if bitcoin hits $100k I won’t sell it but keep buying and still waits for my plan of holding bitcoin for a long term, which will help me to get a lot of profit that I will ever expect. So the best advice to everyone is even if bitcoin hits $100k, don’t be so greedy that you won’t stick to your plan of long term investment. If not, you will cry in the future.

Y3shot

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100k is what most people have been anticipating and always speculating when it will come. It won't be bad to take profit at 100k specially for those who have been investing when the price of bitcoin was very low. The essence of hodling bitcoin is to make good profit, hodling is not just done for hodling sake but their is a reason why it is been done. If at100k one is not yet satisfied with hodling so far, then it is not bad to keep hodling till when one is okay with the profit that has been made so far.

Odohu

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For people like me that did not start building a bitcoin portfolio early, selling have not entered our dictionary so even if Bitcoin reach $500k on this market cycle, I will not be selling yet because I'm still in the accumulation phase. I have a target on the number of Bitcoin I want to get before I relax and not even seeing big profits will deter me from pursuing that target. I know some people will suggest selling at the peak of the coming bull market, which is around 100k, and buying back during the following bear market. This method is not bad but I will not use that option to avoid emotions messing things up for me. I much sell and not able to replenish the Bitcoin, so to avoid that, I rather keep my money in Bitcoin.

Lida93

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

it gets something way you the miss here, every investor get target and why him the invest. E get persons way the plan na towards 90k or 100k because them believe say na within that range nah the bull run go finish before we start to enter the bearish season. For this set of investors then prefer to to sell their portfolio then the wait till the middle of the bears when price don drop for them to start buying again towards the next circle.

But it gets other people wey their plan na to hold for years probably two circles so those set of persons no go fit harbour the idea of selling but rather go focus on more accumulation even when price go 120k come later the fall back sef. Maybe nah those kind of people you fit the refer to as people wey get love for bitcoin. Op make you no allow people to influence how you decide to invest and hodl your portfolio or when to sell, just watch and study the market, try the do your own analysis and from there know when could be the right time and price for you to sell. No go the follow people

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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.

Marykeller

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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.

Marvelockg

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

What about you?

I will say it depends wether or not things goes out the ideal way I've planned my investment and also if there's a feasible thing in place that I can redirect the money yo that will yield greater returns compaired to leaving it for longer period and hoping that Bitcoin goes past the $100k mark. If there's nothing really feasible, I wouldn't sell even at $100k because the tendency of mismanaging it is there and to avoid such possibility, it would be better I leave it thier.

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.

DPHOR

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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.

Salahmu

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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.

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.

CryptopreneurBrainboss

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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

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.

Hatchy

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Quote from: Charles-Tim on October 19, 2024, 06:07:46 PM

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.

Barikui1

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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?

Bro you asked a very good question here, but you need to know that at the end of the day, it's all about the money, with the kind of huge potential Bitcoin has, 100k is nowhere near the actual value of Bitcoin in like 10 to 20 years time from now, so it actually not logical to sell even at 100k, I believe that Bitcoin has the capacity of going up to 1million dollar, so it's best you hold on tight, not for love of it, but for your own financial interest.

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.

bigmanik

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Quote from: MainIbem on October 19, 2024, 07:56:09 PM

Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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.

But my fear is that there will be a resistance at that level and that resistance will not be easy to cross for Bitcoin
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

MainIbem

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Quote from: bigmanik on October 19, 2024, 05:40:12 PM

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.

SuperBitMan

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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.

Rhema_Artz

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When BTC finally reaches $100k na jolly news be that one nau... I no go sell yet... I go hold more...

Charles-Tim

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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.

bigmanik

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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
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?

Topic: If Bitcoin finally reaches 100k will you sell? (Read 874 times)