If bitcoin price reach $600,000 who go gree sell?

[Powerjumboo]

When the price of Bitcoin was low, let's say the price of Bitcoin was $20k, $30k, $40k, $50k and when the price of Bitcoin increased from that position, many people sold their Bitcoin. Then Bitcoin increased to $100k, when it reached $100k, many people sold their Bitcoin. So, let's say in Bitcoin investment and cryptocurrency, no one is 100% successful and can't do a 100% pure analysis of where Bitcoin will go, moreover, it doesn't stop for anyone if necessary, people will sell even if they are at a loss and also sell even if they are at a small profit. So I mean if the price of Bitcoin reaches $600k, people will sell there too or even if it is less than $600k, and there are some people who will buy Bitcoin from there and hold it and wait to see the price of Bitcoin further.

[Iamgoat]

When the price of Bitcoin was low, let's say the price of Bitcoin was $20k, $30k, $40k, $50k and when the price of Bitcoin increased from that position, many people sold their Bitcoin. Then Bitcoin increased to $100k, when it reached $100k, many people sold their Bitcoin. So, let's say in Bitcoin investment and cryptocurrency, no one is 100% successful and can't do a 100% pure analysis of where Bitcoin will go, moreover, it doesn't stop for anyone if necessary, people will sell even if they are at a loss and also sell even if they are at a small profit. So I mean if the price of Bitcoin reaches $600k, people will sell there too or even if it is less than $600k, and there are some people who will buy Bitcoin from there and hold it and wait to see the price of Bitcoin further.

You’re right. It is about one’s target and not necessarily it’s worth. Every day, things are evolving and life is becoming more expensive and less affordable. This trend is moving together with the increasing demand and growth of both the physical currencies and the digital currencies. The value of dollar when bitcoin was 20k , 30, is not what it is today. There’s been a change in price and value of these currencies per time. So, it doesn’t matter the worth of bitcoin in the next 40 years, what matters is an individual’s target and whether such person will be patient enough to hit his targets. For all I know, bitcoin will continue to rise in the future and will hit new all time highs at every given moment, those who will benefit from such trends will and those who will lose will, without any doubts and it dies not stop you from buying and hodling is its of interest.

[Sonia_123]

If bitcoin happens to reach $600,000 , I know say many person go rush sell there bitcoin. But e get people wey go sell all there coins without looking back morespecially those that have been holding for more than 10yrs and whales . Then go like take profits because this amount could be life changing some people fit decide to sell a fraction to meet up with there daily needs and hold the remaining one.
However, those people wey be strong long term holders may not even sell a fraction of there holding. If bitcoin don reach this level, e go dey accepted as a strong store of value globally and some holders fit just want hold and pass there bitcoin to there children in form of generational wealth instead of then converting it to money.
The question I want asked be say at $600,000 dollars will  you see bitcoin as it has reached it's peak or still on its way to it's peak

I will still see Bitcoin as still on his way to his peak.
If your bottom belle come over sweet you for $600 and you come sell of all your bitcoin because you think sey you don make plenty profit, wetin you go come do wen e go reach $1000 or even pass, that time you go come dey regret sey had I know.

 Real investors for Bitcoin no dey shake because of the price instead dem go dey buy more, because dem know sey tomorrow dey always beta pass today, you know see the history of bitcoin, so na wetin go make you feel sey your profit don too much make you sell all or some instead to dey happy sey you dey make more money, remember sey the more the days go by the more the profit, abi you no go like get more money or na fear you dey fear sey bitcoin go crash make you no loss all your money wey you don invest  all these years.

I believe sey person wey go sell part of him investment that time na person wey really dey in need of money wey no get another choice to get money for any place wey him go take solve him pressing problem, or person wey don reach him overaccumulation stage wey dey reason to diversify into another business so that him go take support to dey buy bitcoin well well has him want am.

[Yablee0]

If bitcoin happens to reach $600,000 , I know say many person go rush sell there bitcoin. But e get people wey go sell all there coins without looking back morespecially those that have been holding for more than 10yrs and whales . Then go like take profits because this amount could be life changing some people fit decide to sell a fraction to meet up with there daily needs and hold the remaining one.
However, those people wey be strong long term holders may not even sell a fraction of there holding. If bitcoin don reach this level, e go dey accepted as a strong store of value globally and some holders fit just want hold and pass there bitcoin to there children in form of generational wealth instead of then converting it to money.
The question I want asked be say at $600,000 dollars will  you see bitcoin as it has reached it's peak or still on its way to it's peak

The truth of the matter for this side wey I just highlight be say, e no get any extend or any particular amount way bitcoin fit reach way real investors way dey the game go see am as if bitcoin don reach em peak, people way want still dey hold their coins go still dey hold and their are some other people way go wan sell smaller portion to carry do one or two as well it all depends on you as a person.


However, a real investors with long-term plan are not moved to sell regardless the increase over time, all they cares is holding on to their investment till the end.

[PremiumcryptoHub]

Indeed investors may have their own desires to determine when to sell and they will make a good profit by selling at the peak price. Maybe this price is a good one to actually make some profit because Bitcoin reaching $600k is a really massive price for me. Those who have invested in Bitcoin in the past and held on patiently may see their portfolios increase hundreds of times if Bitcoin reaches this level but investors who are just starting out can still make a profit even if the price of Bitcoin reaches 600k, but it may not be enough for their needs. However those who are strong long-term holders may not sell any fraction from their Bitcoin holdings because their plans last for several cycles. For example we currently see a company that has already exceeded 5 years of its reserves and is constantly increasing its reserves as a result when the price of Bitcoin increases, their portfolio increases several times, perhaps this is how strong holders are able to achieve success.

[ruykeri]

If The price of a Bitcoin will be  $600k or 1 million dollars but This is not the end. The demand for Bitcoin will be much higher in the future and the more time passes, the more the acceptance will increase. The price of Bitcoin will continue to increase. So if someone is 25 to 35 years old, then of course he should start investing for a period of 20 years and hold it. Many people may sell it in the future when the price increases a lot, which you said is 600k dollars. Many of those who have been investing for the last 10 years will sell it because maybe their regular income has ended or they are thinking of leaving from their jobs for becoming old  age. That is why they may gradually sell their invested Bitcoin and continue to manage their lives. And this is certainly their personal desire because they have been investing in Bitcoin for the past 10 years so that their future life is secure. They will definitely enjoy the results.

Michael Seller says BTC could be worth up to $13 million in the future 20 years from now.


https://x.com/BitcoinNews21M/status/1937476777213104638

[Oshio-man]

The question I want asked be say at $600,000 dollars will  you see bitcoin as it has reached it's peak or still on its way to it's peak

Even though the price of bitcoin touch above $600k today, not everybody that will sell off her bitcoin in that particular season, there are some holders that will consider the price they bought from, and it will not allow such holders to release all their bitcoin for sale. Those that bought bitcoin when the price was $40k or $50k, I think they will sell all their bitcoin to earn income because they know, it will take a long time before people will experience that kind of all time high (ATH) in the market. To me, I will see bitcoin has reached it peak for me to release what I have been holding over some years, and it will bring huge income to me and other holders that have been accumulating bitcoin before the price arrive in the market. Some long term holders will sell, if that price touch market but they will not going to sell all their bitcoin because they will like to reserve small in case the price increase higher they will still make income again.

[Mate2237]

Which difference they when price go reach $600k and where the price don reach now, ? We already get different type of holders the ones way no even send the movement of bitcoin price and the one way be say dem they sell small small or every circle, but one thing be say no matter how low or how high price of bitcoin they, we go always see the people way they sell and the ones way they buy, Bitcoin price reach peak keh, even when eh reach $1,000,000 some no go still consider am to be peak, limit no they to which length Bitcoin fit reach for future.

That's true the margin is not too big between $600,000 and the current price of Bitcoin what people should know is that there are two types holders when it comes to Bitcoin there are those with a short term investment for these once they are only interested in just slight movement in price then they sell and takes the profit.



There is also the group that is concerned about long term so there is nothing that you will tell them that they will make them to sell not even when the price of Bitcoin reaches one million dollars it's one thing that you should know is that holding Bitcoin is an individual issue