Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - what is your plan when we reach $100k?
by
spiker777
on 14/05/2023, 13:40:49 UTC
It would be best to take the big profits that can be made at that time if you are a trader, and let some of it help you wait for the next bull run. You can use your profits to buy some if there is a bearish.
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.
you are right about that bro. you can take profit if you have bought your bitcoins at right price. but if you bought them very close to the price mark then the profit you earn might not be enough to sell them.

~snip~
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.
what if that right time don't come again? i think it is always better to keep a portion of your bitcoins for future. because eventually bitcoin's price will keep growing.