Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - what is your plan when we reach $100k?
by
JamesDaniel90
on 03/05/2023, 10:32:57 UTC
I will sell all my Bitcoin, many people's expectation now is that Bitcoin will hit 100k or even more but I don't believe that, things can take a turn at 90k or a bit more then turn around, when your profit is good enough you should start taking and securing some because this is a game of 'you might never know', so all you have to do is start taking profit, the price target some people had was why they failed to take any profit in 2021 and they end up riding the bear market again and some took profit when things are looking too late already.

If you sell your Bitcoin in a bull market it's for the greater good, because you can buy back with the profit you made when the bears take control of the market, imagine selling my Bitcoin at 94k and buying back at 25k in the future bear market, you will get a higher number of BTC back.

Good plan but why are you not confident it will reach $100k?

If it hit $69k in 2021 and many were thinking it was going to hit $100k then , why won't it reach it this bull run with millions more people now including myself aware and into cryptocurrency?