Quote from: JayJuanGee on November 05, 2024, 04:14:10 AM

Quote from: Student of Bitcoin on November 05, 2024, 02:25:29 AM

Quote from: Dip69 on November 03, 2024, 05:02:09 AM

I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.

Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.

Long term investors may well not plan as specifically as you are ascribing to them, and frequently long term investors might be willing to be much more vague in their ideas about the specifics of either timeline or even price, so they might not pinpoint any kind of need to get out within a specific timeline or a specific price range as you are suggesting that "everyone" thinks like that, and perhaps a lot of folks who were so specific about their timeline and/or their price range would no longer be holding any BTC since they likely would have had sold too many too soon and then perhaps feeling like they screwed up.

Traders do think about specifics of their exit a lot more than investors, yet I would not even be suggesting that investors still need to know that they are able to sell their BTC if they need to, yet they might not feel any kind of urgent need to plan around conditions in which they are planning to sell their BTC.

Surely investors are going to be different based on their various individual factors too, so I would hate to completely lump investors into the same category.

Too many people treat Bitcoin like a short-term lottery ticket instead of recognizing the long game it represents Long-term conviction doesn’t always come with a rigid sell target it’s more about principles and understanding where Bitcoin fits into the broader financial shift.
The $100k crowd might cash out and move on, but those focused on long-term sovereignty, sound money, and generational wealth are thinking far beyond a price tag. As you said, Bitcoin doesn’t bend to our timelines we either align with it or miss the bigger picture.
Self-custody, resisting surveillance-based narratives like ESG/KYC/AML, and avoiding distractions like altcoin gambling these are core pillars for anyone serious about what Bitcoin really stands for.