Yeah, sure $100k, comes before $500k, $1 million and even $20 million, but there is nothing wrong with considering and talking about those BIGger numbers
Part of the reason that we want to think about and talk about BIGger numbers is so that current BTC holders do not end up having too many regrets about selling too many coins too soon because they had failed/refused to have a BIG enough imagination and therefore they ended up failing/refusing to think BIG enough.
Correct, but also LOT of BTC Holders (newbies or not) are also very 'greedy' for the expectation of the top cycle and forget to sell too...Probably it was stupid to not sell in late 2017 when we hit almost 20K with this big run since early 2016, after the long 2015 side way between 200/250$ (so almost x100), to reaccumulate more later. At the opposite, in 2021, lot had also big expectations but finally a double top at 'only' x3.5 of the previous ATH of 2017..So most of holders probably failed the some cash-out/ to arbitrate of the previous cycle, because was a bit a disapointed bullrun.
Nobody can know what will happen this cycle.. A small +/- 100K ? 150? 250? more?
You just have to organize with which level you feel confortable with, and how many % of your net wealth / portfolio you want to keep in BTC. Then the decisions are more easy to take, and with 'less' regret.