Post
Topic
Board Speculation
Re: How to play the 100K bitcoin price, when it seems most people want 100K to sell?
by
Samlucky O
on 01/12/2024, 05:36:48 UTC
Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?



Like I usually say, buying and selling bitcoin depends upon the person in question. If you have a long term goal,  you can sell after two or 3 circle and above . But if you have a short term goal then you can sell too quickly. Judging from your explanation I think you have not held upto even 4 years and you beginning to think to sell at $100k. Since you have just been 2 years in your investment I would have said you should HODl more longer maybe to 2028 after next halving before you can sell. By then the benchmark of $100k will have passed to a new ATH maybe $100k+ plus. But if you decide to sell now or @$100k then it's up to you since you have the right to your personal decision including selling at your will.