Post
Topic
Board Speculation
Re: Are you tempted to sell?
by
Ultegra134
on 20/12/2024, 23:54:36 UTC
Yep that's right, do you have a target price of selling Bitcoin you have? I think everyone has this kind of thing in his mind about Bitcoin, if not at the price, the target of selling time, such as in the next 4 years or 10 years.

Like what is in my mind in this cycle targets the price of Bitcoin at $ 150K for the sale of half of my Bitcoin ownership in this cycle to attract some benefits and realize it for the growth of my offline business or traveling with my family.
Oh well, I also had a price in mind, approximately $80,000, but guess what? This target was blown away before I could even realise what happened. To be honest, I wasn't expecting Bitcoin to surpass $100,000 so soon, so I was caught by surprise, thus, my initial plan was cancelled before it even started. Although I'm tempted to sell, I currently haven't thought of a way of withdrawing the money without paying up to 15% income tax on that amount, because as I said earlier, I wasn't anticipating such rapid growth.

Am I tempted? Definitely, am I going to sell? That's quite unlikely, as I'm not in immediate need of money, thus, I could even wait till the next bull cycle in a few years. Who knows?