Post
Topic
Board Speculation
Re: Going to sleep, wake me when it's $100k
by
Miles2006
on 08/12/2024, 20:13:53 UTC
...

So, what's next? Selling or keep holding until we hit $200k? Don't tell me you don't know your plan yet after being asleep for a while Grin

I remember many people saying their target was $100k and they would sell when bitcoin hit that. But now I really want to know if any of us have sold our bitcoins or started changing our plans and goals to higher levels?  Grin Grin Grin

I wouldn't be surprised if not too many people sell their bitcoin today and most will increase their targets higher as the bull season is just starting. I have also revised my plan and hope to make more profit from this investment.
Bitcoin reaching 100k is a motivation for me to have strong confidence in bitcoin and continue hodli while I gradually increase my bitcoin portfolio through DCA, because I have not yet accumulated enough Bitcoin since 100k is not the highest price bitcoin will reach in future. I have more hope and believe in bitcoin that the odd of the price moving uptrend is higher than downtrend since bitcoin is still young and the price will increase overtime.
Investing now is actually an opportunity using any strategy of your choice, no doubt it’s the best time now not minding the price movement probably for someone who have not gotten a good profit should still invest anyway it all depends. Will $100k range be the last uptrend we’ll see? No, perhaps I will consider this as another opportunity or a better price to buy and hold. The market is unpredictable doesn’t mean bitcoin is not guarantee, I believe bitcoin reaching this level works with time likewise investors buying now must exercise patient.