Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - what is your plan when we reach $100k?
by
Reid
on 13/05/2023, 16:12:58 UTC
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?
Honestly, it would be on a place of panic where I would not know what to do. But I have this idea to sell all my Bitcoin and wait for a bear to happen to gain more amount in Bitcoin, not in dollars. I like the idea that I could grow it by just doing that, but I don't think it is now. Not yet, it is too risky. The market fluctuates like crazy, and it could anywhere. While if it is at $100k, I do believe there's a lot of room or chance where it could be dumped again while investors are also taking their profits.