Quote from: sotelorene on Today at 02:04:59 PM

Quote from: bigmanik on October 19, 2024, 10:40:12 PM

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
Well that aside back then I actually told myself that if Bitcoin gets to 80k or 90k I will sell but for some time I've been having second thoughts
Maybe it's the forum that is changing my perspective because people here are the real supporters of Bitcoin
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine

What about you?

Everyone has target and plan so if your plan is to hold for a short while then you can sell whenever Bitcoin hit $100k but already Bitcoin has surpassed $100k some weeks or months ago and if someone bought a good fraction of Bitcoin very early lets say around 2014-2016 selling when Bitcoin will hit $100k won't be a bad Idea because it is more than 4 years so it is a long term investment but someone who bought 2021 or 2022 selling your Bitcoin won't be advisable because is not up 4 years. It always advise to invest regular using the most convenient and reliable method ( DCA) and hold for at least 4 years.

Those who have been investing in Bitcoin since 2014-2016 are still very profitable, but they should not sell now, and hold on for a more cycle period. Personally, I think that those who have been holding since 2014-2016 have already understood Bitcoin well, and they will also understand the future possibilities well, so if they take advantage of the opportunities of 2014-2016 and still hold on, then if they can hold on for some more time or one more cycle, they can be more profitable than they are now. Because Bitcoin has many more great opportunities in the future, so they should definitely hold on for one more cycle instead of selling at this time and should continue to buy regularly, then their success will be 2X or 3X more than this.