Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - what price would you sell?
by
jrrsparkles
on 07/01/2023, 16:37:22 UTC
I started accumulating Bitcoin after the June crash last year, my average buy is currently $17500.

I feel like it is a good time to be accumulating but also lately have been thinking it may be a while until it is worth selling.

I think Bitcoin will reach $100k maybe $150k next bull run in 2025 but feel that is not going to be enough for me to sell as I won't have anywhere near 1 full Bitcoin.

I invest in Bitcoin weekly but I also have other Altcoins I invest in so it is not a large amount I am able to put into Bitcoin right now.

I am thinking of just accumulating till 2029/2030 which should be the next bull run after 2025.

Hopefully by this point I will have close to 1 full Bitcoin and the price will be at least $250k which would then be worth selling to me.

Trying to hold until 2029 that's really good investment but you can also consider the strategy which I am going to tell you which can speed up the accumulation process so by the time you may have 2 bitcoin instead of 1 but everything comes with risk.

Imagine you're accumulating bitcoin until 2025 or until you feel this is the peak of the bullish season and sell of everything then wait for the next lower price and just buy bitcoin with the whole amount so if you had 1 bitcoin and sold it for 150K then you're buying again at 75 to 80K then you can buy 2 BTC with the money you have and also another 4 years to accumulate some more bitcoins.