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?
I agree with you, a bitcoin price off 100k or 150k USD is definitely possible during the next big bull run. I am not sure about the timing though, if it's really going to take 5 years for bitcoin to reach such levels. In my opinion it could happen a lot sooner and we should be more optimistic after the halving next year. Also it's good to have a plan in place what to do with your coins once we reach certain levels. At 100k USD I am not going to sell any of my coins, at 150-200k USD I would consider taking profit in 30% of my bitcoins. The rest I am going to hold even longer. In the past I made the mistake of selling all my bitcoins at once, only to regret my decisions a few months after. After that I told myself to never sell all my coins, it's better to only sell fractions. Because nobody knows how high bitcoins are actually going to rise.