Re: Predict top and your selling plan during this market cycle.
If you're happy with selling at $20k then that's cool, but I think for most of us we don't want to sell just before the main bull market begins, cuz that's kind of the worst time to sell.
If he has enough coinage for that price to cover every possible requirement then more power to him. Wish I was in that position too. That might not be the case.
If I could afford to divest when it's nice and quiet I would. I hate to think how seized everything would be in the depths of another bubble.
Yeah like I'll be pretty well set for life at $50,000+ BTC, and I don't have any worries about that price as that should be well below wherever the peak ends up being, so that's my starting point for selling and if it goes to $100k I plan on only having like 1 bitcoin left for that.
I think it'll probably go up close to $100k, maybe even shooting $10k or $20k+ passed it, but I'd prefer to get out a little early and be safe, and still set myself up for life, rather than chasing the bubble. But, like, if I would be set at $20k I'd still wait until like $40k or $50k to sell, cuz that is still suuuper safe territory and ya know why not double your money haha.
The weird thing about these $15k or $30k predictions is that the BOTTOM of the next bear market will probably be in that range. Like, I'm planning on using some of my profits to buy back in ideally near the bottom of the bear market (this past one I averaged ~$3550
) and I'm hoping to get back in around like a $25k or so price to load back up...and these people think the top will be around that or even lower haha! Maybe they are confused on the question and are predicting the bottom of the next bear market instead of the next peak haha.