What will you do with bitcoin? - page 9.

retreat

sr. member

Activity: 1106

Merit: 391

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?

I might try to sell some of the Bitcoin that I hold, because one of my goals with holding Bitcoin is to be able to get profit and will hold the rest for a longer period of time. And maybe I will increase my investment, because I sure that the price of Bitcoin will not just stop at that point, it will continue to increase.

noorman0

hero member

Activity: 1778

Merit: 709

[Nope]No hype delivers more than hope

I just want my decision to be taken based on personal conditions, not because of the market situation.
Many people chase the $100k mark to sell even a fraction, but have to put off other plans that would have been better done earlier if they were to abandon that $100k.

Bitcoin is freedom, don't tie your own bitcoin worse than the bank.

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?

In the light of present market situation , it is prudent to continue accumulating Bitcoin as market price is relatively low, therefore I am taking advantage of this opportunity and buying on every significant dip to increase my holdings. My long term plan is to wait for resumption of bull cycle which is likely to occur after halving in 2024 when Bitcoin is likely to exceed $100,000 level and that is the point where I will start selling my Bitcoins assets at that stage.

Reid

hero member

Activity: 3052

Merit: 651

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?

Keep holding it. Because what is next might surprise us. Probably the currency that will be used anywhere you go so you won't need to cash it out for your own country's currency. As of today, that is difficult to happen as there are still many FUD that is lurking out in the internet, either social media or blogs who thinks other coins are better than it. Well, that their POV and we cannot really stop them from saying their opinion but sometimes it does hurt the demand and value of Bitcoin when they do it.
Many projects went down, and soon they will realize they just need Bitcoin.

Litzki1990

sr. member

Activity: 1386

Merit: 406

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?

Everyone's investment style is different. Those who invest for a long time always expect something big in the market. The record for Bitcoin's highest price touch in the Bitcoin market is over $60K.

That is, until now the price of Bitcoin has never touched $70K-$80K, so everyone may expect that if the market goes to such a state, they may sell their coins. But there are many investors who are dreaming bigger. At the initial stage they are waiting for the price of Bitcoin to reach $100K and it is believed by everyone that the price of Bitcoin will reach $1 million in stages.
But the amount of investment I have so far, I will wait for one hundred thousand dollars.

P2PECS

member

Activity: 173

Merit: 74

In my case I will continue to accumulate, but I will probably do some small selling in the next bull run when the price is well above $100K.

Investing in bitcoin must be done with patience and holding the investment for many years to come. The longer you hold it without selling or continuing to accumulate, the more you will profit. The problem is that it is mentally very difficult not to realize any profit for many years. That's why I think it's better to take advantage of the bull markets to partially sell and enjoy the rewards, just as you can take advantage of the bear markets to reload more. Recently when the price was below $20K it was a great opportunity to reload, and at these levels it still is. And if you don't want to mess around, DCA with the same amount at regular intervals and that's it.

Despairo

hero member

Activity: 1064

Merit: 843

Personally I don't have any plan to sell my Bitcoin, but it's obviously I will sell it little by little when I see the price is really high. I will not ever sold all of my Bitcoin, I still believe the Bitcoin ATH will never end, which mean we might see Bitcoin will break new ATH for every 4 years.

I will sell my coins is not because I will celebrate the new ATH and enjoy my day, but I will use it to buy Bitcoin during bear market happen.

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

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.

What do you mean about legalized? Bitcoin is mostly accepted in many countries right now as a commodity and now there are 2 countries already accepted as a currency.

danskgraes

newbie

Activity: 24

Merit: 1

When Bitcoin hits 70k or 80k, I'll sell enough to pay off my student loans and take a nice vacation. After that, I'll keep holding on to it for the long haul. Who needs a Lambo when you can be debt free?

BD Crypto

full member

Activity: 658

Merit: 158

BTC Rocks

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.

crypticj

sr. member

Activity: 873

Merit: 268

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?

Topic: What will you do with bitcoin? - page 9. (Read 1020 times)