What will you do with bitcoin? - page 3.

Ojima-ojo

hero member

Activity: 910

Merit: 507

Quote from: yudi09 on April 29, 2023, 04:56:42 AM

Expecting profitable returns can be the desire of every investor in investing.
When the price reaches $70K, of course, I will let it go.
From the experience of having experienced how Bitcoin reached ATH in 2021, I will return to buying when the price declines.
I think investors out there will also not hold back when the price is at its highest level because the desired amount of profit is sufficient to be fulfilled.

You are very right and I like your mindset concerning your desire towards Bitcoin when the price goes up, I believe 90% of us here who have invested in Bitcoin did so with that mind set of making profits and that is why we always attempt to speculate and aggregate our profits taking mechanism inline with the price of Bitcoin at the moment and one of the things that most investors look forward is an all time high ATH.

Most of us will cash out a good portion of our Bitcoin holdings if we see a good price that offers us a high percentage of interest, in conclusion our most desire is to cash out at a good price to make further investment decisions, because we have learned from experience and we understand the volatility in bitcoin market right from time, so if you don't DCA at ATH you will lose all the gains that come with the bitcoin price rise when the price correct back after ATH.

Because BTC price can not continue to go in one direction due to its volatile nature, the need for DCA is very important to take advantage of every bitcoin market condition

Doan9269

hero member

Activity: 812

Merit: 560

Quote from: ?? on ??

Quote from: Doan9269 on May 02, 2023, 07:48:20 AM

In my own case, if bitcoin went on a bullrun today, i will first divide the entire fund into two category, first one will go back on investment while the second one will be use to make investment on other days physical assets in other for me not to put all eggs on the same basket, this is the best way i see the use of an investment for ones posterity, i will invest and keep being an investors because there will always be a sure means that we can always rely on that the price of bitcoin will last and also increases in values with time.

Dividing your funds into two categories sounds reasonable, but what happens when the price of Bitcoin goes up so much that your first category investment barely covers your initial investment? Maybe diversifying earlier would have been a better move.

We will still result in this, that not all the investment we made will have thesame results at the same time, that's why it's called diversification as long as you're not risking out to loose the entire investment made, each onewe made has it own maturity time to yield for us good return, another sweetness in diversification is that you will still have the chance of making more earnings from one when the other isn't giving a green light, you will be left out with a choice which is the other investment you make.

Doan9269

hero member

Activity: 812

Merit: 560

Quote from: Assface16678 on May 01, 2023, 09:14:07 PM

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

If this bitcoin go to 70k to 80k I think the best decision is to sell it and invest it. My goal is to be financially stable so i can't spend it to useless things. It's important to invest something not to hold in your bank account or buying some useless things, you can't get rich with that mindset and also maybe 30% for the investment %20 for daily needs and the other is for future purposes

In my own case, if bitcoin went on a bullrun today, i will first divide the entire fund into two category, first one will go back on investment while the second one will be use to make investment on other days physical assets in other for me not to put all eggs on the same basket, this is the best way i see the use of an investment for ones posterity, i will invest and keep being an investors because there will always be a sure means that we can always rely on that the price of bitcoin will last and also increases in values with time.

FUCKBSVFUCK

newbie

Activity: 28

Merit: 0

The market is in a bull run right now, it's hard to predict what will happen in the next few months. I'm not a fan of bull run, but I do plan to do it in a short time.

johnsaributua

sr. member

Activity: 812

Merit: 257

PredX - AI-Powered Prediction Market

The up and down is certain, of course we don't know how long it goes down or how much it goes up in a time that can be bearish every minute ..

Both positions in my opinion there are regret for each of them. Between regretting the price down or even the price of flying when sold. When the price of bearish is confused to be sad or happy. It should now be the right thing for 1 bitcoin or below. If the business soul is indeed profitable, what percentage will take profit,I think bitcoin at $ 50,000 is very good, but my lust is always wishing if ... just like the past,

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Quote from: JoyMarsha on May 01, 2023, 04:59:01 PM

Quote from: BD Crypto on April 25, 2023, 12:01:02 AM

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.

Are you for real? Why do you think it would be unwise to sell bitcoin? Have you forgotten that a cryptocurrency investor can sell their bitcoin assets for a profit at any time, and doing so does not make him appear foolish, but rather wise.

In case you were unaware, a lot of people have been hodling bitcoin at a low price with the intention of selling it when the bull run begins at a high price.

Everyone has access to the crypto market and can buy or sell bitcoin at any price they choose. Bitcoin is already valuable and some nations have made it legal.

I think in this case it depends on the target to be achieved.
There is actually no problem when selling bitcoins that are owned as long as our target to sell is fulfilled on the other hand while waiting again with a long enough time to buy from below.
It would be great indeed if we continued to withhold this but sell some of the profits we have to enjoy the results of what we plant I think there is no problem for that because the goal is clearly here as well apart from investment so that we have financial freedom this is also meant to support our future needs.

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: Altryist on May 01, 2023, 12:47:18 PM

Quote from: irhact on April 29, 2023, 11:59:35 PM

Debt free should be the target as it relief you of alot of stress and after paying off your student loan or any other debts that you owe, you can then start saving and then reinvest in Bitcoin for future purposes. If Bitcoin increase, I'll sell and wait for the market to correct before buying again and with that I'll have profits to use for my other needs.

There's no point of me holding when I know Bitcoin dumps after it reaches a new all time high, I can always buy Bitcoin again and hold for the next bull market. I'll just wait until I noticed the market is beginning to lose some volume as signs of a bear market coming then I sell my Bitcoin for profits.

Getting rid of debt is the right step, this is what will remove the burden of responsibility from us. After that, you can think about saving and investing money in some business, or bitcoin, the most important thing is not to focus all your money on one thing, since diversification can protect you, if any of your investments fail, then this will not be a disaster for you because you will have another business or investment.

Bitcoin is a good investment and its cyclicality provides good opportunities, but you need to remember that this will not always be the case, there will come a moment when everything can change and we will not see the usual sequence in its cycles.

Agreed with these since I believe it is a smart move for us to first clear ourselves with debt so that it won't be a hassle when you are allotting part of your salary to investing especially with bitcoin or another cryptocurrency. If we let ourselves first be financially stable in the sense that we have our savings accounts and debt-free situation, this could be the best time to invest. Bitcoin investment is indeed a good investment considering how it performs in the market through the years. It remains to be the strongest crypto today despite the recent fall of its price. I think this is normal to consider since it is by nature a volatile currency, but we can see that it still performs well despite this. But I know I can be wrong so just take the risk that you can really afford and make sure that it won't really affect you so hard when something goes wrong with the market and economy.

laurenB7742

full member

Activity: 1302

Merit: 129

Vaccinized.. immunity level is full.

Quote from: Sayeds56 on May 01, 2023, 09:57:44 PM

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

While it is a personnel decision to hold sell or take any action with your Bitcoin, which entirely depends on financial situation and goals, but I prefer prefer to allocate my assets in a staking pools where it can generate some satoshis on regular basis, rather than leaving an asset idle and waiting for return of bull market. There are many reliable & well established exchanges those provide staking services with attractive returns on annualized basis.

I don't consider it a wise decision, storing bitcoins on centralized platforms is too risky and not recommended. Don't just find a way to generate a few passive satoshis that we have to trade our entire fortune if something goes wrong, it's not worth the risk.
Don't forget the cases related to the giants lending and staking like Blockfi, Celsius... last year. The lesson is still there, hope everyone does not repeat the same mistake in the future. Everything will be reputable until it collapses and takes everyone's money.
I am not entirely against centralized exchanges but you should use them for the right purpose, not trust them too much to store your assets on them.

YUriy1991

sr. member

Activity: 882

Merit: 215

#SWGT CERTIK Audited

Regarding the question you asked I think Bitcoin investment strategies can vary greatly depending on individual goals and risk tolerance. Some investors may choose to sell their Bitcoins when the price reaches a certain level, such as $100K, while others may prefer to hold on to their Bitcoins for the long term, regardless of short-term price fluctuations and price in this moment $27.958 and trying to break through to $31.000.

Maybe, we all here know the Market also plays a role in determining the strategy of Bitcoin investors. During a bull market, some investors may be inclined to sell for profits, while others may hold on for further growth. Conversely, during a bear market, some investors may see an opportunity to buy at a lower price, while others may prefer to hold on to their existing holdings. In the end, related to the above, whatever choice of strategy one chooses will really depend on each individual's circumstances and investment goals.

Obari

sr. member

Activity: 602

Merit: 442

I buy all valid country Gift cards swiftly.

Quote from: crypticj on April 24, 2023, 11:51:32 PM

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

Bitcoin is not a pump and dump project and if Bitcoin get to 60k, and above, there are persons who will still hodl believing it to still rise more and well if you already have enough profit, it wouldn't be any harm to give yourself some sort of treat 😉

Let's not try putting Bitcoin under any pressure of wanting it to rise suddenly but rather let it flow and at point you feel ok with your profit, then you can make a withdrawal and still hodl more after all the purpose of any business is to make profits.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

While it is a personnel decision to hold sell or take any action with your Bitcoin, which entirely depends on financial situation and goals, but I prefer prefer to allocate my assets in a staking pools where it can generate some satoshis on regular basis, rather than leaving an asset idle and waiting for return of bull market. There are many reliable & well established exchanges those provide staking services with attractive returns on annualized basis.

CryptoBuds

legendary

Activity: 2100

Merit: 1042

HODL

Quote from: JoyMarsha on May 01, 2023, 04:59:01 PM

Quote from: BD Crypto on April 25, 2023, 12:01:02 AM

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.

Are you for real? Why do you think it would be unwise to sell bitcoin? Have you forgotten that a cryptocurrency investor can sell their bitcoin assets for a profit at any time, and doing so does not make him appear foolish, but rather wise.

In case you were unaware, a lot of people have been hodling bitcoin at a low price with the intention of selling it when the bull run begins at a high price.

Everyone has access to the crypto market and can buy or sell bitcoin at any price they choose. Bitcoin is already valuable and some nations have made it legal.

If we can hold bitcoin for as long as possible, that's really a good thing because, in the long run, I also believe bitcoin will grow far beyond what we thought. But I also disagree with saying that selling bitcoin for profit is stupid. Don't forget what our bitcoin investment purpose is, we want to have a lot of money, want to have a better life…so selling bitcoin to fulfill our goal is a good thing to do. I would call anyone who invests in bitcoin a fool unless that person has no plan, no goal, and just holds bitcoin to death.

Assface16678

full member

Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

If this bitcoin go to 70k to 80k I think the best decision is to sell it and invest it. My goal is to be financially stable so i can't spend it to useless things. It's important to invest something not to hold in your bank account or buying some useless things, you can't get rich with that mindset and also maybe 30% for the investment %20 for daily needs and the other is for future purposes

mvdheuvel1983

sr. member

Activity: 1022

Merit: 368

Quote from: crypticj on April 24, 2023, 11:51:32 PM

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

Why wait till then when you got no idea what is going to happen the next day or the day after. For me Bitcoin's price is just right to do whatever the holder wants.

Whatever I am going to do now is what I would do whenever the price increases. If I am going to buy a house then, I would buy it now by taking profit. It I am going to start a business with it, I'm already going to start doing it now. This is my own opinion though.

mejarm

jr. member

Activity: 140

Merit: 1

My ultimate goal in the market has been to hold bitcoin until it reaches its ATH. I'm acquiring additional bitcoins during the down market with the hopes of making enormous returns in the future. When Bitcoin reaches $80k, it will serve the project well since I will have triggered the sell option after holding out for so long. Although the bear season will have a greater impact on bringing down the price of Bitcoin, it won't just run up to $80k without fluctuations and consolidation. I won't let that stop me from being critically aware of the project.

JoyMarsha

sr. member

Activity: 924

Merit: 365

Quote from: BD Crypto on April 25, 2023, 12:01:02 AM

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.

Are you for real? Why do you think it would be unwise to sell bitcoin? Have you forgotten that a cryptocurrency investor can sell their bitcoin assets for a profit at any time, and doing so does not make him appear foolish, but rather wise.

In case you were unaware, a lot of people have been hodling bitcoin at a low price with the intention of selling it when the bull run begins at a high price.

Everyone has access to the crypto market and can buy or sell bitcoin at any price they choose. Bitcoin is already valuable and some nations have made it legal.

|MINER|

sr. member

Activity: 1274

Merit: 457

Vave.com - Crypto Casino

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

It actually depends on that situation, see if we store our funds on bitcoin for some years to get some interest after passing the whole period at the end what we do with those fund is not confirmed like in this case when my strategy successfully will done then I will also goes to the same way. The main purpose is to waiting or holding is gaining profit then after receiving it the decision can be again investment with collection of profits.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: crypticj on April 24, 2023, 11:51:32 PM

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

To be honest, it's quite too many to even mention it here Cheesy

But let's see, if in-case bitcoin will break another record and set another ATH, I think I'll still prefer on keeping it and holding unto it because 70k or 80k is not really my goal. If I'm not mistaken, the last ATH set a price for $64.4k so $70-80k will be achievable during the next bull run or after the halving. As of now, I'm patiently waiting for that time to come and there's no need to be hasty because I know that bitcoin will explode more in the next couple of years, maybe soon enough I will start considering to sell a fraction of it if the price is right.

hannahB4

member

Activity: 532

Merit: 13

I plan to hold my Bitcoin for several years, if there is a progressive increase like the prices you mentioned then it will be used for the initial purpose of my buying the coin or any emergency funds that are needed at that particular time

Altryist

legendary

Activity: 2100

Merit: 1340

Quote from: irhact on April 29, 2023, 11:59:35 PM

Debt free should be the target as it relief you of alot of stress and after paying off your student loan or any other debts that you owe, you can then start saving and then reinvest in Bitcoin for future purposes. If Bitcoin increase, I'll sell and wait for the market to correct before buying again and with that I'll have profits to use for my other needs.

There's no point of me holding when I know Bitcoin dumps after it reaches a new all time high, I can always buy Bitcoin again and hold for the next bull market. I'll just wait until I noticed the market is beginning to lose some volume as signs of a bear market coming then I sell my Bitcoin for profits.

Getting rid of debt is the right step, this is what will remove the burden of responsibility from us. After that, you can think about saving and investing money in some business, or bitcoin, the most important thing is not to focus all your money on one thing, since diversification can protect you, if any of your investments fail, then this will not be a disaster for you because you will have another business or investment.

Bitcoin is a good investment and its cyclicality provides good opportunities, but you need to remember that this will not always be the case, there will come a moment when everything can change and we will not see the usual sequence in its cycles.

Topic: What will you do with bitcoin? - page 3. (Read 1020 times)