Post
Topic
Board Speculation
Re: Bitcoin - what price would you sell?
by
rodskee
on 17/01/2023, 03:58:50 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.

You can't plan so accurately for so many years ahead. What we do know is that times like now are good, or better times to buy and bull markets to sell. You can accumulate and between what you accumulate and the revaluation make partial sales but always keep some bitcoin because if it continues as we expect it will be the most valuable asset on the face of the earth, and I am not just referring to it in the economic sense.

as it was showing good increase recently and accurately strong going up to more that 20% in just couple of days? yeah accumulating now is the best way to show our support and love for bitcoin.
I don't wanna ssume selling any time soon but once there is a great increase like 40k just these coming weeks? then i would rather selling and wait for another lower movement.