Quote from: South Park on December 23, 2023, 08:40:09 PM

Quote from: bounceback on December 23, 2023, 06:21:22 PM

Quote from: Zanab247 on December 15, 2023, 12:52:10 PM

Those that want to experience $100k will not sell their BTC like the decision you took not to sell now in this bear run because it will not help you to make pretty money from your investment but if you hodl till $2025, you will surely get it right to make big money from your investment.

I am a little doubtful that some investors will continue to hold their bitcoin when the price reaches $100k, almost all investors will be tempted when bitcoin experiences a significant increase and sell at the highest price before going back when the price experiences a correction. Its not easy for holding bitcoin until raising to $100k because when success break out to $60k many investor will sell their bitcoin fund and have plan when getting correction will buy back on lower price.
Personally I doubt with your decision keep holding when bitcoin success raise to $100k and realistic bitcoin up above 20% current price right now many holder will sell without try to hold until raise more higher price again.

Even if I think that once we reach six figures for the first time ever there will be a lot of people that will sell their coins, I also think there will be a lot of people that will keep holding their coins, either because their target price is way above that level or simply because they are long term holders that have no plans on selling their bitcoin no matter how high it could go during this cycle, as their goal is to sell on a future cycle and not this one.

Doesn't matter though if there will be a lot of sellers at six digit, I mean we can understand why they will do that, to make profits. And we all know that this kind of investors could have been holding Bitcoin for a long time or at least this cycle and so they have the right to make profits after their hard work.

And if we have strategy during our accumulation, we could have also a strategy of selling. I mean, for me I would have to sell in small baby steps, maybe sell at $100k, and then if the price continues to $120k-$150k, then sell a bit as well.