Topic: [Poll] If this happens, is it time to sell your Bitcoin? (Read 497 times)

I'd argue that the political stability was much more fragile than that in the USA. We all know that the US has a lot of problems, and at times things can start to look like the balance has tipped, but I still think they've got a lot more resources to combat any significant dip. Civil unrest, and various other factors contributed to Zimbabwe. You're right though, I might be slightly underestimating how quick things can change, though I think I still stand by my original stance, not going to happen anytime soon (within 10 years).

I tend to find that the older users here are a little more optimistic, than the ones that have just invested. I would wager a guess that most long term users, were hoping for the best which swayed their vote to thinking it was different. For example, I don't actually tend to take notice of much of the patterns, because I like to follow the correlation doesn't equal causation approach. Though, I hadn't voted on this poll.

Interesting poll result...  Would it be possible to know what the rank of those who voted that ‘it’s gonna be different this time.’?  I’d say most of them are newbie accounts and have entered the space around late 2020, early 2021 or so.

A fiat collapse is basically guaranteed as it is impossible to maintain a system that steals from the majority in the form of inflation up forever, however I am not so sure about this being imminent, governments are experts at manipulating the population and most of the population is sleeping and cannot see what is happening, so I would think the current system can last a few more decades even if it is becoming more unstable as we speak, as the pandemic forced governments to print a lot more money than what they would have liked to print and this is finally showing in a level of inflation which cannot be ignored by the population.

I can understand why some people could be interested in selling right now, as they may be expecting that history will repeat itself once again and they want to keep the profits they have accumulated during the past year.

However I think we are slowly reaching the scenario in which we will never have to sell our coins, I do not think the price will crash as massively as it did back then as the circumstances are completely different now, we have institutional investors, adoption has grown massively since 2017 and an economic crisis is looming on the horizon, so I think the market is not going to behave as it did back then.

Oh, you'd be surprised how fast things can unravel.

Zimbabwe and Venezuela were both very prosperous countries a few decades before their economic systems were subject to complete collapse. I believe one stage Zimbabwe even had a higher exchange rate than the USD.

When your whole economic system is built upon a house of cards, it's not going to last.

Not many people can hold long term especially for those people who need their cash to survive.
But if you are lucky and can hold it long term, why not? The price of bitcoin is continuously increasing and based from graphical predictions, it will continue to rise in the coming years.
So even if we say, btc will not reach $100k this year end, the possibility of rising its value in the succeeding years is high.
And with that idea, I guess, a lot will be holding their satoshis as they hope to get as much profit as they can.

I don't think there will be ceiling for bitcoin price? Unless we really reach the point 'where all btc has been mined', so it might take at least 3-5 halvings to realized that.

In any case, I see people still holding their precious bitcoin even if we didn't reach 6 digits, and I'm somewhat on that side as well. There were instance that I took short term profit, but looking back now, I should have hold and then just wait for the right time to sell and probably I could have profit x more amount in terms of fiat. So now I've learn from that mistake so I will still hold no matter what and wait for the next halvings.

A total collapse? Probably a long way off of that currently. However, we can definitely expect something similar to 2008/2009 where there was a global recession. This has undoubtedly been escalated by Covid, and the measures that needed to be taken for that. A global recession something like 2008/2009, probably bigger is likely to be imminent, but I wouldn't go as far to say that a complete collapse is imminent.

Also, there is likely a ceiling that Bitcoin will hit, as with everything. Though, at this moment considering the currency is relatively new, it's hard to figure out what that ceiling might be when it has already broken a lot of peoples expectations.

With the continues breaking of All time high this year , i believe that Bitcoin will continue to push up the price this whole year and i doubt that selling must take place .

i would rather buy more when there is a dump than selling mine.

and also me, voted for the 4th option.

i may sell when 100k reached .
well Mine is already semi long term as i have been holding for almost a year now.

Voted for the fourth option.

I'm keeping BTC as a long term hedge against a fiat collapse, which will be imminent.

I'm not interested in taking profits in the short run quite honestly - you might feel great for a while, and you could even potentially buy back for cheaper, but history has taught us that more often than not BTC will be on an uptrend long term due to its scarcity.

You wouldnt really miss another bull run if you had missed the other one ealier.There are countless numbers of opportunity for you to get in whenever you do like and that will vary or depend on when you would be doing it.

Regrets do always come in the end and it isnt really something that you could look for it to happen first.This is why life outcomes will really be depending
on your decisions that had been made earlier.

If you do have past experience on missing out big profits because you had tend to hold for more and the market had plummeted then that would really be
giving out some anxiety which would last for a while or wont really be forgotten which it would really be adding up on your experience as you do
go further.

It is painful to have to learn lessons the hard way but it is what it is, at least you learned your lesson, there are people that sold their coins back then and instead of doing something about it they are just complaining, which means they have been missing the current bull run and they are going to miss the rest of the bull run as well, so we need to make sure to keep whatever bitcoin that we have as even 100k is a low price when we think about the long term potential of bitcoin.

I'll be selling a bit of my Bitcoin when it gets to the $100k (£74k) mark since I want to fund a trip with some of that money, and that's the price I've justified paying it with Bitcoin, however that's only if it happens within the next 6 months. Otherwise, I'll be keeping all my Bitcoin where it belongs.

I don't tend to follow the trends, and current speculation. I treat Bitcoin as a way of storing my money, that is at the moment continuously appreciating in value on a yearly basis, and can't be touched by the greedy banks. So, I only ever withdraw when there's a need. Usually, when I want to dip into it for emergency use or recreational.

I'm also a firm believer in most people don't understand that correlation doesn't mean causation, and therefore tend to avoid any sort of advice other than my own gut instincts. Served me fairly well over the years, though I'll be honest I could definitely be a lot richer if I were a little more courageous in storing most of my wealth in Bitcoin.

This is a faulty poll. It doesn't specify if it means selling all one's Bitcoins or what part of them.

I voted "I'll never sell" because I'll never sell all or even most of my coins at once.

Of course I'll keep selling small amounts of my coins regularly to meet expenses. I'll also sell slightly larger amounts as necessary as I did last winter/spring to buy a lake.

Having an FU amount of coins isn't about their dollar value. It's about having enough coins that they increase in value faster than you can spend them.

Interesting how he avoided saying exactly what he owns, because crypto is a very general term - he may not own Bitcoin at all. I personally know at least a dozen people who own crypto, but none own Bitcoin - at least not the one that matters. Most of those who just want to profit as quickly as possible are targeting altcoins, but the market is open to everyone and anyone can spend their money however they want.

It would have been even better if this reporter took the opportunity and asked the CEO if Apple plans to invest in crypto as a company

I dont think its a sell just from the 100k target, because we dont know it cant happen in Jan 2022 or later still.  Why should a fixed year calendar be the basis for movement in pricing and various contracts that adjust bid and offer to resolve upwards.   We dont know, its far better to judge the pattern of the lows I think.
   Right now BTC could pullback despite making a new ATH it would bearish some to even appear as a failed breakout.   I think if we can keep the lowest prices above 65k or so then it might be fine.   This will always be my best advice though, watch the lows closest as high prices are very frothy and prone to disappoint on a normal regular basis just because they arent dependable in their pattern half as much.

You must be new to this market, well, it's our choice though whatever we want to our Bitcoin. Some may sell, some may hodl for a longer time but it depends each on everyone of us. The movement like dumping after reaching an ATH is like a 2017 move but we all have our personal reasons on why we do hodl or sell.

Bitcoin is still unpredictable imo and looking at the price of it this time is kind of dangerous or maybe I'm not so used to it that every bull run it gives a different vibes when hitting another ATH in a multiple way.

That voting result shows more than what people think. That shows hope for the future and many people do not understand the ramifications of what hope could do. If you are hopeful and you think that things will be great then you could honestly do as well as you could imagine because crypto world is only going up because we are hopeful and buy. Without people buying we can't go up, it is required for people to buy in order to go up and if we are all hopeful about the future price then we are going to keep on buying.

What people do not realize about the current price is that, someone bought at 68k, if nobody bought at that price then we wouldn't be there, which means someone said "even at 68k it is still good because the future is even higher" and that is how we got here. I hope that this continues no matter how high the price becomes because it is something we definitely need.

I agree especially in the case of Saylor that he is very actively strengthening
his position, Dorsey is actively creating something to add to the Bitcoin technology

Jack Dorsey wants to make Bitcoin the 'native currency for the internet.'

and as regards technology I have just learned that the CEO of Apple Tim Cook owns Crypto
https://twitter.com/BTC_Archive/status/1458093050304024577?t=58e2bDpjzd7EYLFvhemIVA&s=09


Realistically its safe to say that anyone in the tech industry not looking at Bitcoin
at this stage has their eyes off the ball.

Its public announcements like Tim Cook's which cements the thinking that
"No, Bitcoin will keep rising. It’s different this time."

Sorry to break many heart here but I am now going to sell my coins now , i am ok to gain my profit now at 68k and i may keep the holding because there are many time to come buying again.
surely this will dumped in the following months as this is the trend of crypto market.

there are still some weeks before the deciding moment so take your time mate.

There is no doubt about that, and the result is that many have invested in D believing that the price will only rise, and today they are at a loss (in case they have sold). I would say this is kind of good because they may have learned an important lesson and understood the difference between altcoin which has unlimited supply (and dubious application) and Bitcoin which is something completely different.



I'm not sure if these companies can keep such an investment a secret, because in the case of Tesla, as far as I know, it had to be made public - and it happened a few months after the investment. I know people speculate a lot about Amazon or Apple when it comes to Bitcoin, but you should know that the management structures of these companies are not exactly pro-Bitcoin - so if I'm not mistaken one of Apple's biggest shareholders is the famous Warren Buffett, who has a very negative attitude about Bitcoin.

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The president of a country or the CEO of Twitter just can't get under the radar when it comes to things like this, nor can Saylor who is the CEO of a large company that has invested everything in BTC. They use their status to strengthen their positions, the success achieved by Bitcoin is their personal success.

Interesting points, I cannot believe that Michael Saylor is the only one who sees Bitcoin
as he does and so I cannot believe that the top tech giants have not secretely moved into
Bitcoin yet. They know with their power it would be easy to create a mass frenzy of buying
which would ruin their chances of buying "cheap".

Saylor in particular as well as Dorsey and Bukele have an unbelievably positive outlook,
they cannot be the only ones and their outlook cannot go unnoticed and not acted on by
others.

Most common reasons are already on the poll and if there's something that isnt included then its our personal kind of view which we do have on our own.
Selling point or time is something which cant be known but only ourselves because we do have different price buy in and we do have different price point
on when we do sell so its totally differentt to each oother which it isnt really surprising to see different sentiments on here.
Doesnt matter if there would be some good price increase this  December or decrease because  if someone doesnt tend to sell then
they wouldnt really sell after all.

Someone (I don't remember who) said the 4 most dangerous words in finance are "it's different this time". That's why I didn't vote. I wouldn't sell any cryptocurrency I owned just yet, not because of any of the reasons in the poll, but because I'm just starting, and I intend to wait a bit longer...

Rich individuals like Elon were the sole reason for shitcoins like DOGE/SHIB being pumped even till today. Moreover, there are quite a few like Michael Saylor or the President Nayib Bukele who truly believe in the potential of Bitcoin and try to stay on radar without shit posting on twitter about other coins. Wish the future powerful investors be the same like Jack Dorsey/Saylor.

Indeed very true. We never know if companies like Apple own bitcoin which were bought through various OTC trades but if their trade tends to go public anytime in future it might create a bullish movement and can change the way how bitcoin was conceived in public back in the early days.

We have already moved to the era of pricing the value of goods in satoshis and not in whole bitcoins! So 2.1 quadrillion satoshis are more than enough for the foreseen future.

I would like to hear about your opinion regarding the market and do you usually book your profit during the rally and then get back again and do you really think that things will be different this time around because of institutional investors and other factors in play.

I am not expecting the market to rally all the time, like every time i am expecting a major rally in the next couple of months and then the correction would be inevitable. I will be booking my profit like every time i used to in the past and then wait for the correction to get back again.

Yes, a rich individual, but a famous rich individual who will start a new FOMO - or some famous company. I believe that a lot of big investments happen through the OTC market and for the very reason that they stay under the radar of the public in order not to affect the price. Although there are a lot of those who invested at a time when the price of BTC was incomparably lower than today, there are also a lot of those who are just accumulating and it is not in their interest for the price to rise.

I think it's a battle going on in the background, but with a pre-determined outcome - demand will far exceed supply, which has its upper limit. Today it is relatively easy to buy 10 000 or even 100 000 BTC - and I am sure that will not be the case in 4 or 5 years.

Here is a recent tweet from PlanB stating that $100k is still on card for this year. But for BTC to double from here to reach the $100-$120k mark, it needs another small country like El Salvador or any wealthy individual to purchase as much BTC possible by him otherwise FOMO should kick in to bring a fresh high. With Bitcoin and crypto being known to majority of the individuals all over the globe, we need another wealthy inflow of fiat money for us to reach this phase.

I personally, have been using Bitcoin as an alternative to fiat since 2017 but with recent sudden surges in prices I have tried to limit my spending using Bitcoin to quite an extent and started saving them more as an alternative to Gold. So, IMO I won't be selling anytime soon even if the price tanks to as low as $10k just like how it happened in 2018 bear market. But OTOH, if we are low on Bitcoin balance, it would be good to sell now or at $75k and buy the bottom to increase our balance.

As others have pointed out, this time major venture capitalists and wealthy individuals have onboarded onto Bitcoin and hence facing a harsh dump like 2013 or 2018 is quite not possible unless they try to ruin the market. Prior in 2019 or so, I have speculated that BTC reaching $500k and surpassing the market cap of GOLD is possible only in a dystopian era in one of our forum thread's but after such huge movements I don't think it would be a difficult task either.

If I have to follow your last sentence of buying dip and selling peak I can say yes to it but I won't believe that market will follow the past just like you said that it has happened. Things may go different this time and not going exactly the way it went in the past. Selling the peak is a choice but buying the dip isn't but an investors deal for better future profit, you can hodl more coins with dip .

I'm selling because it's a great opportunity to make a good profit, besides, I believe that the market will not go uptrend for so long, just like in the past, we will experience a major correction that would likely result in some heavy dumps. I follow the trend, a very simple strategy of mind that I find useful and effective until now.

It is always buy the dip, sell the peak and $100k is a peak for a short period fo time.

100K is a very special price I doubt the bitcoin price can get to that point on this year ,because more people will take profit on 80K ! dunno just my thought ,but if the price in december got to that point I will be very happy because with that condition more and more adoption investors will push to 500K or maybe 1M more in the future

I'm of the long term HODL camp, I dont really mind what the Bitcoin market does
short term eventhough its interesting to see how the markets move.

There are definitely those who advocate for selling the hoghs and buying back at
the lows, I'm not skilled to know when or have the conviction to take the gamble.

There are those who cannot see six figures, I dont belong with them and there are
those who think its different now, the investment profile is different and populated
by long term HODLers, like myself.

I voted #3

To be honest, I'm expecting 100k but with a trader's mind I think I'll sell some if by chance it will be hit, profit is profit. Yes, we know there are many players this time and that's the difference from past bull season, we may say many will bet that it will goes up but there are plenty of reasons as well that there are huge manipulators by now, just my opinion. It's totally subjective on every individual but a poll will be the basis here.

Well, it doesnt matter to me if next month is already the end of the year or a time to judge whether you would sell or continue to hold. We cant connect the situation few years back to the current situation now because its different. It might have similarities especially during the month of December but still its uncertain.

In my case, my reason to sell is if the price already reach my target price or im in need because im short financially. So regardless of what will happen next month it will depend on my situation (as I mentioned the two reasons why I will possibly sell). I voted for number 3, though certainly the price wont always increase consistently but still, im bullish that we can reach another ath again even it might not happen this year.

100k is a conversation that is always present in every prediction and maybe that's what most people expect because most likely their target is 100k, to make a profit of 3 or 5 times the price before they bought it.
and I'm still very optimistic that the price target that most people expect will be reached by the end of December as a lot of positive news about bitcoin is popping up, which looks like the positive news about bitcoin will continue and pump it up. so I think don't be in too much of a hurry to sell it and be patient.

I don’t think it will break $100K at least in December. Many markets including stocks like Tesla are just way way over extended. Look how much the SP500 went up last month something like 15% which is just not sustainable.

I was originally thinking BTC might top in the $70-80K however, it’s possible it might top maybe somewhere in the $90Ks however I don’t think it will break $100K.

There are way too many people who want to take profit at that level, especially the people who bought in at $20K about a year ago. They will be taking profits and it’ll be tough to break $100K in one go.

every move is an indication in the next trend and sometimes it reverses to pump....
but for now maybe still not the time....
of course...!!! 2017 is a historical value that should be remembered as glasses in the next year...
Taking some is the wisest thing because the long term is more than what you can imagine

I don't think the bitcoin bull for 2017 was only in December but maybe it got to the highest height at that point, the bull for 2017 started early and steadily increasing to December. But for this year I'm not going to expect the same kind of movement to happen and that won't be a reason to sell in December. The selling may be for need but not that continuous hodling will be bad because the price will still appreciate in the long term.

I'm not a "HODL until you die." type of Bitcoiner,so yes.I would sell some of my BTC,but only if the price starts dropping severely.I'm not obsessed by a 100K Bitcoin price by December.I don't expect this price to happen in 2021.If the current price drops below 60K,then there's no point for me to HODL.I would sell and I would wait for the bearish market to hit the bottom,so we could all buy cheaper Bitcoins.
I know that may actions would qualify as panic selling,but I don't care.This is just a rational decision.
A 100K USD Bitcoin price is not a magical number and December is not a special month for Bitcoin.
I simply don't get emotionally attached to numbers and months.

That doesn't gonna be the basis on whether a person would sell or not. Besides, Bitcoin doesn't follow a pattern and every bullrun or bear run is always different than the past, though it may show a little resemblance, but people will just speculate on it as if it's a pattern similar to what have happened before.

Another is that, every pump has different relevant reason. So, I guess today is very different than the past and I think Bitcoin will continue to rise beyond December.

I guess majority of viewers are Bitcoin supporters and HODLERS.

because look at the votes , clearly it is NO, Most don't wanna sell their Bitcoins (Including me) this December.



and besides we have seen how much Bitcoin can be, so why rush selling if we don't badly needs our funds?

Why should time matter but not size?
For example the end of the cycle in 2017 was price going up from $150 to $20000 which is a 13233% rise. This round (however long it may be) started from $3200 and is currently at $61000 which is only a 1806% rise. In other words the size of this cycle is so small compared the last two cycles that it is not possible for this to be the end of the cycle. I've said it many times, if we are going to see repetition then price has to reach $400k+.

I may consider selling but only a small faction of my Bitcoin meaning i will only take my profit and maintain my big chunk inside still.
actually this is far different from 2013 and 2017 as this year the growth continues happening than what we have in those halving season.
This year alone we experience the Bear when the price drops below 30 but not as bad as what we have in the previous .

I'd not sell. Learned my lesson from being here through ups and downs. I'd rather be a witness on the movements and people's opinion about it but selling is not an option anymore. I think I sold at $15k at 2017 but never had the guts to put it back because it's already money in my hands.
That's the problem when you are holding cash, you cannot let go of it and all you will think about is how you will spend it but never as an investment again.
Started with almost zero until now.
But if my altcoins will be dragged by the bull run then of course they will be sold. 

In my case, no. I care more about the essential characteristics of Bitcoin than whether the predictive model is met. If it does not, and we do not reach $100k we would have to analyze why and rethink predictive models, but I plan to continue accumulating, and I can think of other reasons to sell my Bitcoin, always partially, such as if it becomes an important part of my net worth, or if in the future it goes up and I have reason to believe that the market is overheated, so I could sell partially as well.

Dont judge price by the peaks, its unreliable and without more to guide it then froth and hype.   What should determine various strategies is the pattern in the lowest pricing and the regularity of those gains, its more likely to be accurate in determining higher or lower.   Before the 2020 selloff we made a new high and also a pattern of gains faltered showing weakness, the new high was easy to throw off alot of people and encourage them to think we were still ok but there were cracks showing.  I hope I always pay attention to how we proceed in the higher lows accumulating, if we lose that I think we do have to retrace some ground.

Failing on a peak objective at some pre determined time is not bearish.   Sadly I can say from experience December selling is not going to be best, you could be selling into the lows for those years.   Theres more holidays in the western market during December, that has an effect and its not certain positive or negative.

There will be a bear market of course but an extreme form of it will not happen unless Bitcoin tops $100,000. If $100,000 will not happen in December, then it will happen in the first quarter of 2022. If not, then I will be waiting for it to arrive in the second quarter, if not then in the third, etc. What I'm sure of is that $100,000 is a target that will happen. Most likely, it will happen next month.

If that finally happens, I will not be selling. There may have been bubbles in the previous Decembers, but lessons are there that the bear market that follows is as temporary. There will be another stronger surge later on.

Like the majority here, I also wouldn't want to sell my bitcoin even if the 6 digit target is not met in December. Who knows, maybe it will just be push through the first quarter of 2022 and that the S2F model will have to change its order again. I've learn my lessons in the 2017 bull run.

If I would just have hold them and wait 4 years, my investments may have exploded already x3 the very least.

ATH or not it doesnt matter as long you do make profits then that what matter most because there are people who do go for long term and there are ones who do go for short term which means that it will vary.

On my part i would still do my own way of decisions depends on the situation because there are indeed moments which  i do spot out which
is considerable for me to sell.

So its a personal choice because we do have different thinking on various condition.

It’s really frustrating at the moment, I have to admit to getting a little impatient myself but no, I won’t change my plans if we don’t see $100,000 by New Year.

I do think we’re going to breakout next week though. This is a really tight band of consolidation at the moment. We’ve seen similar at $30,000 & $40,000 levels previously. We’re going to break out explosively soon & I’m calling $70,000 at some point next week.

We will likely break $100,000 by anew Year & then unfortunately a bear market will begin in 2022. I still believe in the 4 year cycles..

^ Possible there because there is no specific answer for this, there could be a chance that this year we will experience 3 times ATH that could be reached. We already had 2 times ATH within this year and it could be possible there are 1 more to come and that is next month, December.
Probably no one will give you a correct answer for the market condition, most of us here will give the only assumption that hoping that it will happen too in the future, but so far from 2018 until now, the market did not suffer from the bear market and I believe there is no bear market anymore and I cannot consider that a small correction is a bear market condition.

I am not selling either but we must understand that not everyone is a long term holder, there are many more traders and if the price they were targeting is not reached and they begin to sell then it is obvious the price will begin to go down, still I do not think it is going to be as bad as what we saw back in 2017 as that crash was massive, if anything I think a crash close to the 35k level is the worst we could see, and that is assuming the price stopped growing right now.

My view is still the same old option that we need to sell at least part (if not full) of our BTC because nobody knows what may happen this December. And crashes don't take place in December but the retests take place in January, and the trend tends to go bearish, then the market crashes. This time, it may be different but for a healthy growth of our parent cryptocurrency, we must see a correction and a retest of $52k and even $42k once BTC breaks its ATH in December. BTC is not yet done with its run but will definitely see a downside move in January (history will repeat again this time).

For me I chose #3:
"No, bitcoin will continue to rise. It's different this time."
I think that the matter is different this time, the market situation has differed from the previous one due to the change of many factors, including the entry of a large number of institutions and giants of the economy into the bitcoin and cryptocurrency market as a major player, also there is the official adoption by some countries such as El Salvador and the trend of a number of other countries to accept bitcoin Officially, Bitcoin also established itself as an alternative to the monetary system after the Corona epidemic, as Bitcoin managed to withstand while fiat currencies began to inflate and collapse.
For all these reasons, I think we are facing a different cycle this time, in my opinion Bitcoin will rise and cross 100k$ and will not stop.

The S2F model will then have to readjust again and again to fit its narrative, we might come into a point wherein 6 digits will no longer be the target.


That was my biggest mistake, to sell in 2017 and didn't hold. I should have at least hold half of what I save. Instead I try to sell them all.


Yes, bitcoin narrative has change, maybe we can see two super bullish market. So we are not done yet.

Even if the S2F model, I won't sell my bitcoin period, maybe we will enter a bear market after that, if it didn't go to 6 digit as predicted. But learning from the 2018 bearish cycle, it could be the best time to buy cheap bitcoin specially if it falls <$30k (half of the current market price).

And have a lot of patience and. then wait for the next 4 years again. Investors who have been in the game for so long knows how the market works and they are the once holding bitcoin for a long time.

We cant really deny on the fact that we are totally different now in terms of adoption and recognition which we can really tell  that there would be always the  possibility
into those times when we are hitting or reaching the last month of the year.We do always have the  impression of those bull run event since it did happen on some months on past years but if  those are everything attached  with hype then its less likely that we would be seeing on upcoming years to come but somehow we dont really need hypes.
We do want a strong and established price which doesnt really crash out badly whenever there are bad or negative sentiments that do happen in the market.

$100K is too much to ask in very short time, I am just fixed with the $66K itself as the all time high kf this year and cashed out some amount in the second quarter itself now its time to hold so I am not someone who is always looking at the December because its not going to work all the time, just act accordingly to the market situation and reap your profits on time.

this is not good time to sell bitcoin because bitcoin is depreciating in value currently, i think today's price is at sixty thousand (60k) at dot, and it's not encouraging to start selling bitcoin because it doesn't hit up to one hundred thousand (100k) within the expectation ranges of predictors, shall December is still remaining some weeks ahead and nobody knows if all this time people is emphasising on 100k it will definitely hit up.

no matter the movement of bitcoin that will push me to sell, except it's a situation whereby is getting accelerated in value, referring to four years ago bitcoin values was okay but that shouldn't make people to began to sell out their coins, actually we still have time while some person's is thinking otherwise.

if i should predict bitcoin movement for the remaining month of the year, from my perspective bitcoin is not having bear market again, everyone should expect it next year 2022, and the price will not hit up to one hundred thousand everyone is pointing at holding can help for next bear market.

It is weird to see people give up hope this quickly. I mean yeah sure I do expect it to be 100k or more by the end of the year, but that doesn't mean that I am going sell just because it is not there. I will not sell until it is under 20k, even at 20k I am still in profit because I bought at lower level and my average reached to 18k (even though my first was at 6k, I bought some more later on) so that means at 20k I am still in profit.

I doubt it will ever reach under 20k ever again in the future. That means I am going to keep my crypto forever until I want to sell and get out forever and that will not be because of any price, it will be because I want to get out.

Selling because the target hasn't been met wouldn't make much sense to me, it'd confirm the model to be wrong and for "this time to be different". This could mean another 50% shakeout, sideways trading or similar, before a continuation of the bull market rather than a multi-year bear market. Not reaching 6 figures (or price not having a blow off top) would be one of the few reasons not to take profits at the end of the cycle, similar to in summer there was no blow off top despite price going parabolic. The 50% drop became irrelevant, because it wasn't indicative of a cycle top, or just looked like 2013 all over again.


Not quite, the time-frames are slightly further extended than 4 years, ie 49 months rather than 48. So more like Jan/Feb is selling time imo, not December.
Previous highs were late November 2013, then late December 2018, so late January 2022 makes more sense to me at a minimum, or February.


Not yet and therefore no. What goes up must come down, eventually. Unless something different happens this time around, like no parabolic move or blow off top.

I have no intention of selling my BTC because I am a long-term holder and because I personally believe that $60k is a trifle of what 1 BTC will be worth in 5 years or until the end of the decade. However, on the other hand, a simple question arises from the dilemma of whether or not to sell at the end of something that according to previous patterns can be considered the end of a cycle.

This is a question to which we do not know the answer at the moment, but surely a lot of people are thinking about it - not only those who are thinking about a strategic exit, but also those who expect a lower price to invest. I still think that the situation is different from the one from 2013 and 2017, primarily because we have a much stronger base of retail investors with the addition of companies and wealthy individuals who are partly responsible for this price we have today. In addition, the first ETFs have been approved in the US (as well as some other countries), which gives us hope that there will not be such drastic corrections as has been the case in the past.

In the end, however, we should not forget how unpredictable Bitcoin is, and that we are on a speculation board

There is no specific time to sell bitcoin, there is nothing also bad to hold bitcoin for life time and let your children inherit it. You will see your asset grow over long term. With the wealth distribution in the world, $1.2 trillion marketcap is still small for bitcoin. Let us expect more all-time-high over long term period. But this is not in accordance to those that need money for something important, but for those that are not making use of their fiat can just take it to bitcoin and hold.

OgNasty, but you know this obvious truth.

With some people starting to talk about double tops and calling Bitcoin’s ATH in the rear view, do you think it’s time to sell if we don’t see the stock to flow $100K target hit in December?

With other bubbles in 2013 & 2017 being in December, do you sell next month no matter what happens?

Is it different this time? Will there be no bear market?