Quote from: exstasie on Today at 07:43:56 PM

Quote from: thecodebear on Today at 04:49:30 PM

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?

It's too unpredictable. Anything from $100K-$500K would be "normal" and there could be unexpected deviations as well. There's no point in focusing too much on targets right now. During an actual bubble, we can gather more info from the chart, the altcoin market, etc. Right now, we have very little to go on except past cycles. With such a small sample, past cycles don't tell us much.

Quote from: thecodebear on Today at 04:49:30 PM

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.

My top priority is riding an altcoin bubble to generate more BTC. DeFi is being hyped right now, but most of the market is still reeling from their 2018-2020 losses. When altcoin season finally kicks off, there is so much upside, so much latent demand waiting for new fast money opportunities.

When I see the makings of another blow-off top in BTCUSD like October-November 2013 or November-December 2017 I will start look at sell targets for BTC.

Ah, see I'm staying the hell away from altcoins now haha. In my old bitcoin age now I'm just going for the sure thing. I'm sure people will get rich as hell off altcoins, hell even just the past few weeks some of them have been going crazy, but I just stick to BTC, ETH, and LINK now. I stopped trading altcoins against bitcoin a couple years ago cuz its just way too unpredictable and I always ended up losing bitcoin in the long term. Now I just hold those three coins, and trade those three coins against USD, and only occasionally do a short term trade with an altcoin.

And Bitcoin is like 95% of my long term portfolio so I mostly only care about BTC, but also hope DeFi takes ETH to like $2k or $3k in the next couple years and I'm just enjoying my $200 worth of LINK skyrocket to $8k so far haha.