1. How high and when do you think the price will peak at during the current market cycle, meaning before the next 2014/2015 or 2018 type bear market?
to be honest i think the highest we will reach will be $30,000 in 5 years, it seems more realistic. I also don't believe in these absurd $500,000 even if it was 50 years from now
2. What is your selling plan for any long term bitcoin you are holding? Gradual selling? A single sell target - what is it? Just gonna see how things play out? Or maybe you plan on holding more long term and don't even plan on taking advantage of the market cycle.
I would consider selling at $20,000 and then expect to fall to buy again and sell at $30,000 again.
Personally my guess would be the market tops out somewhere between $80k and $120k in late 2022, but just to be a bit safer I'm currently planning on starting to sell a little bit in the $50,000's, selling a bunch more in the 60k's and 70k's, probably only having a little bit left by $80k assuming it goes that high, and saving one Bitcoin for $100k just so I can say I sold at 6 digits in case it goes that high. But basically the vast majority I plan on selling between $60k and $80k which I'm perfectly happy with even if that ends up being several tens of thousand of dollar below the peak.
I think you’re dreaming too high, don’t have any chance of the price reaching $60,000, I think it’s impossible