Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - what is your plan when we reach $100k?
by
Fesatmas
on 14/05/2023, 11:26:42 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?
Of course this will be confusion when you hold Altcoin, you will be very risky, I am only afraid that you are too hopeful to be structured by the Altcoin that you hold at this time can benefit according to you, but the reality is finally talking about another, and you may suffer losses to Altcoin what you hold today. Hopefully it doesn't happen to you friend.


It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)
This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.
Agreed. Take profit or sell most of it depending on how much BTC we have. For me it's simple, if it's not possible to sell some, I'll sell all then wait for the right time to buy back.
I like these realistic words, and that is true and also needs to be done, at least by taking advantage when we feel profitable, we will buy it back with a number of more bitcoin on the price on the next market market, that's a good strategy, but for I personally do not know how strong and patient in doing that.