What will you do when Bitcoin reach$20k?

[Ayiranorea]

As of now I've got very small amount of bitcoin that's been bought for the purpose of trading. The same is being used on regular buying and selling. Possibly I'll sell what's available with me when the price reaches $20000. The price has reached the peak years back, and people are expecting the same to happen in the near days. While the price reaches $20000, I'll convert everything to USDT and further will buyback when the price drops again.

[smyslov]

I wonder what other people who hodl bitcoin for few years plan to do.

Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?

I will just reward myself for patiently waiting for the price to reach another all time high, but I will not sell everything I have because Bitcoin potential is still high and endless, but it's still depends on my needs now we are in pandemic, but definitely not going to sell everything, I do not want to regret later.

[atjiat]

As of now I've got very small amount of bitcoin that's been bought for the purpose of trading. The same is being used on regular buying and selling. Possibly I'll sell what's available with me when the price reaches $20000. The price has reached the peak years back, and people are expecting the same to happen in the near days. While the price reaches $20000, I'll convert everything to USDT and further will buyback when the price drops again.

I believe Bitcoin will hit a higher high than in 2017. In 2013, after the 2012 halving, the value of the coin increased by 12,000%, and in 2017 - by 13,000%. Therefore, there is a very high hope that this time Bitcoin will adhere to the same tradition.

[fullhdpixel]

I was in the market few years ago when bitcoin almost reached $20k. I wasn't acting then (hodling for few years already) and I think a lot about when I should act next.

I wonder what other people who hodl bitcoin for few years plan to do.

Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?

For me it usually depends on the situation. It is just like the last time we reached an ATH price, I did sell just a part of my coins, but when I noticed that the market kept dropping too much I decided to sell my coins and wait for it drop to a low price and after it did I still invested back my money.

So, it all depends. If the price should go up again I’m going to be selling some of my coins for sure and then, if it shows signs that it will be crashing, I will sell the remaining ones and wait for it to decrease to the least price to buy back.

[JimboToronto]

I have no intention to sell according to price.

I plan to keep buying when I can and sell as little as possible when I must. The current price has nothing to do with it. In the long run, the price will keep rising despite short-term ups and downs.

Selling a significant amount at $20k would be as foolish as selling for $33 in 2013 or $1.2k in 2017.

[dre1982]

Probably a small dance and continue with my life.

Just sell some bitcoin is I need the money, otherwise I just hold it and wait till it really gets big.

[bitbunnny]

I don't know. To be honest I haven't thought about it because I don't think this will happen so soon. I'll made the decision according to the situation at that moment. Maybe I will sell a part, maybe don't but that will not change my situation in dramatic way. Until then I will try to enlarge my Bitcoin portfolio as much as I can.

[yulchatar]

At the moment, I have everything I wanted. As a matter of fact, I need money for food and some other things for my life. Therefore, even when bitcoin reaches 20 k, I will not sell, but will hold, as I have been doing for several years.

[ene1980]

I have no intention to sell according to price.
I plan to keep buying when I can and sell as little as possible when I must. The current price has nothing to do with it. In the long run, the price will keep rising despite short-term ups and downs.
Selling a significant amount at $20k would be as foolish as selling for $33 in 2013 or $1.2k in 2017.

I understand what you are trying to say but if you are seeing the market turning bearish and you have all the time in the world to monitor the market then you can book your profit when the price reaches a certain valuation and then plan on buying again when the market settles. I usually tend to do these kind of trades if i am convinced that the market would enter a bearish run to buy back again.

[Onuohakk]

The worst mistake I can ever do is to sell off my bitcoin for $20k price. I would prefer hodling onto it for years, to see it arrive at $100k.
Am ready hodl on to my bitcoin assets, it doesn't matter how long it will take to reach her ATH of "$100k''.
Will highly be awaiting for $100k

[Reatim]

At the moment, I have everything I wanted. As a matter of fact, I need money for food and some other things for my life. Therefore, even when bitcoin reaches 20 k, I will not sell, but will hold, as I have been doing for several years.

If you are well prepared and you are using spare money then you are good to go.

It's easy for people who have enough money to use separately  from their  investment.  You'll not be afraid
of whatever happened inside the market until your target value will be reached.

It's always good to have good reserve for much better target.

[jonathan6655321]

I was in the market few years ago when bitcoin almost reached $20k. I wasn't acting then (hodling for few years already) and I think a lot about when I should act next.

I wonder what other people who hodl bitcoin for few years plan to do.

Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?

If it hits $20k again, I wouldn’t mind selling my gains rather than all of it. In other words, I keep my capital and sell my profits. I still have hopes that Bitcoin would reach $20k again, but we won’t know when it will happen again.

I see that DeFi projects are on a roll, and Ethereum is going up like crazy. It’s all-time high was $1,400 I think. It did flash crashed before going up again.

That's actually my approach as well

[Ridwan Fauzi]

As a trader if bitcoin touch the previous its all time high I'll expect the other all time high. Now, most of the trader just focus on bitcoin's price its privious all time high i.e $20.000 and after that if new all time high has been reached then there will be two option. One option the investor will see the market sentiment, they will decide to keep hold if the sentiment market is still good because they will expect the new all time can be reached. And the second option is they will sell it if the market sentiment is bad. Yeah, they will learn with the privious situation when bitcoin price touch all time high, its market still volatile and also the regulation from some countries still unclear againts bitcoin.

[Findingnemo]

It varies from person to person if you ask me then I will consider about selling when the bullish trend starts to dump from the long greenish and the price could be 25K or 40K but I hope it will happen after new all time high.

[lepbagong]

It varies from person to person if you ask me then I will consider about selling when the bullish trend starts to dump from the long greenish and the price could be 25K or 40K but I hope it will happen after new all time high.

Of course many really hope that what you say can happen, many who have held bitcoin for a long time, have waited long enough for bitcoin to move up high. because at that time many had held onto the results where a long time of waiting could be realized properly.

All bitcoin movements will of course be determined at the end of this year, because the time to get there is still quite a while, it is possible that while waiting for it, bitcoin may fall again. but there is no need to worry that bitcoin will quickly make corrections to bounce back soon until the end of the year.

My prediction for the end of this year is not from the end of bitcoin to increase, it can be ascertained that next year is the year when bitcoin will experience a sharp increase and can exceed its value when 2017. is valued at what price will bitcoin be achieved? there are still many predictions that occur with this assessment.

[whyrqa]

The fact is that this question can be answered ambiguously. In my opinion, everything will depend on how the cryptocurrency market stabilizes.And I very much hope that the cryptocurrency market will not experience such shocks as it did in 2018 and 2019. Since cryptocurrency is currently viewed as an alternative investment that will save capital for many companies due to the economic crisis, it is likely that attracting investment funds will only increase the value of Bitcoin. Based on this, I will consider Bitcoin as a reliable storage for my funds when it reaches $ 20,000 for Bitcoin and above.

[Slow death]

Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?

to be honest i would say that if the price reached $20,000 i would sell and expect to see a 10% drop to buy again, but this will also depend on the support that will have when the price reaches $20,000 and the economic conditions that will have when the price reaches $20,000, for example: there may be a case of having excellent news when the price reaches 20,000 $ in this scenario I will not run to sell

[Findingnemo]

It varies from person to person if you ask me then I will consider about selling when the bullish trend starts to dump from the long greenish and the price could be 25K or 40K but I hope it will happen after new all time high.

Of course many really hope that what you say can happen, many who have held bitcoin for a long time, have waited long enough for bitcoin to move up high. because at that time many had held onto the results where a long time of waiting could be realized properly.

All bitcoin movements will of course be determined at the end of this year, because the time to get there is still quite a while, it is possible that while waiting for it, bitcoin may fall again. but there is no need to worry that bitcoin will quickly make corrections to bounce back soon until the end of the year.

My prediction for the end of this year is not from the end of bitcoin to increase, it can be ascertained that next year is the year when bitcoin will experience a sharp increase and can exceed its value when 2017. is valued at what price will bitcoin be achieved? there are still many predictions that occur with this assessment.

Bitcoin price movement is cyclic so at some point it will fall for sure before taking off to the next level but it is impossible to find when it is going to happen that is why I said, I will sell a part when the price movement turns into red after a long green trend.

[tukagero]

I wont do anything cause i have only small amount of btc stored on my wallet, but if i have 2 to 3 btc then i can now give help to my relatives and neighbors who are hardly affected by the pandemic.

[Bezobraznike]

   Nothing, I wait much higher price, and when that comes I will think what can I do with what I have. I am a long-term holder,
and I don't hold only Bitcoins. I wait entire crypto-market to hit trillions of dollars in market cap! And what will I do when that
happens I don't really know, I will try to do something good with that money for my family and close people!