I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.
I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.
Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
You are thinking too much in advance about Bitcoin. You expect Bitcoin to reach at least $100k or possibly $150k at the peak of the next bull run. You didn't mention how many years that is possible.Do you have any idea how many more years it might take compared to the current value of Bitcoin? I have always considered bitcoins primarily as savings. Since Bitcoin is the top of all coins, I think Bitcoin will become the global currency.when bitcoin price reaches 100K I will sell some bitcoins.
Without getting into the whole speculation thing about Bitcoin, it could be $100,000
by the end of next year, so not too long away.
When it hits $100k I will only do something with Bitcoin if it is a necessity only.
Maybe I will trade some to buy back in the bear market at a later stage. Otherwise
I will continue to HODL.