Predict top and your selling plan during this market cycle.

[thecodebear]

Two questions (just for fun, don't need comments about how nobody can predict the top or about how let's just focus on the next price movement):


1. How high and when do you think the price will peak at during the current market cycle, meaning before the next 2014/2015 or 2018 type bear market?

$50,000 to 6 digits.

2. What is your selling plan for any long term bitcoin you are holding? Gradual selling? A single sell target - what is it? Just gonna see how things play out? Or maybe you plan on holding more long term and don't even plan on taking advantage of the market cycle.

6 digits minimum.

Personally my guess would be the market tops out somewhere between $80k and $120k in late 2022, but just to be a bit safer I'm currently planning on starting to sell a little bit in the $50,000's, selling a bunch more in the 60k's and 70k's, probably only having a little bit left by $80k assuming it goes that high, and saving one Bitcoin for $100k just so I can say I sold at 6 digits in case it goes that high. But basically the vast majority I plan on selling between $60k and $80k which I'm perfectly happy with even if that ends up being several tens of thousand of dollar below the peak.

I know some people think it'll only go to $30k and some people think it'll go to $300k, so I'd be interested in your selling plan based on whatever prediction you have for this market cycle.

I maybe dreaming of seeing the price hitting $100,000 at least in the next bubble, but then again early 2017, the highest prediction that I've seen in this community is $5000. But obviously, it was eclipses by many folds x4. So with some conservative estimates of $30,000 for most users, then I will go with the same hindsight that it will go on another x4 and could probably see 6 digits 2021-2022.

Yeah like I'm super surprised by these $30k predictions. I figure those people must be new to bitcoin because there is no way you've been through a bitcoin bull run before and think this next one is only going to go up 50% over the last one haha. I think for most people who have been around for a while we understand that $100k is the main target for this market cycle, it may or may not hit it, but it's a reasonable prediction and the peak will likely fall relatively close to it. So yeah your 4x of the lowball predictions is a good system I guess haha.

[Searing]

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

on around 18 to 20k btc...i might flush the works at that point...what would be 'confusing' is if they went 'bubble high' as they did

while BTC was pumping back in the day....that will be an interesting 'pucker' choice..if that happens

anyway, like all plans it is probably based on 'fantasy' and I will hodl and accumulate both like an 'old lady' with cats...

(damn, a constant state of wtf and wtf should I do since I got into BTC/crypto in 2013....consitent confusion...as a mode of operation I have it seems.

[maydna]

Yeah like I'm super surprised by these $30k predictions. I figure those people must be new to bitcoin because there is no way you've been through a bitcoin bull run before and think this next one is only going to go up 50% over the last one haha. I think for most people who have been around for a while we understand that $100k is the main target for this market cycle, it may or may not hit it, but it's a reasonable prediction and the peak will likely fall relatively close to it. So yeah your 4x of the lowball predictions is a good system I guess haha.

I guess the bitcoin price can increase more than $30k in the next bull run because, in the last bull run, the price can touch almost $20k. And bitcoin already gets halving, which means the reward reduces to half the amount than the previous time halving, and that can make the bitcoin price increase so high. We never know how the higher bitcoin price will be, but we see so many predictions in out there, so we can wait for a while and see how the bitcoin price will increase later.

But the important thing is we need to have a target price to sell, so we don't miss the highest price that will come soon. Besides that, with selling the bitcoin, we can buy back bitcoin when the price is down or making corrections again like before.

[pooya87]

2. What is your selling plan for any long term bitcoin you are holding? Gradual selling? A single sell target - what is it? Just gonna see how things play out? Or maybe you plan on holding more long term and don't even plan on taking advantage of the market cycle.

ever since 2015 that i entered bitcoin world and bought some coins during the crash i never had any plans to sell my bitcoins but that doesn't mean i don't sell anything. it is more like pulling out some fiat to enjoy the profit but mostly i consider bitcoin to be a currency and am willing to spend it specially whenever price is rising or has risen.

as for the top since you want a guess, i like to use the past performance. last "cycle" price went from $150 to a little less than $20,000 which is 13,233% rise. so if we are to see that much rise at least then we have to see price go from $3200 to $426,656.
but historically the rises become bigger and faster each round as more people adopt bitcoin and we may have more institutional investors coming in too. so $500k would be my guess for the next peak.

[KnightElite]

I'm not good with predictions but I'm good in technical analysis, the price recently breakout and for this time it is a successful breakout where it surpass the $12,000. We are in a uptrend so the price is continuing to increase and most of the trading strategies have high winning rate because of the current trend. I do trend following this current moment where I will only sell my positions if the trend will become invalidated or if there will be a huge dump and breakdowns. The price is continuing to increase and it is now surpassing the 52 week highs and for me it is good. As long as the trend will stay intact, my guess is that the bitcoin will reach its ATH and beat it and for me the price will go to its peak at $25,000 per each.

[aioc]

to be honest i think the highest we will reach will be $30,000 in 5 years, it seems more realistic. I also don't believe in these absurd $500,000 even if it was 50 years from now

You are moderate in your prediction and more realistic but we never know what's going to happen beyond 2020 , nobody expect the pandemic and everyday and every week there's new story to tell about Cryptocurrency, we are  flooded with so many predictions hype and FUDS
we should be more realistic in every situation but at the same optimistic on  all these absurd predictions.

[leea-1334]

Yeah like I'm super surprised by these $30k predictions. I figure those people must be new to bitcoin because there is no way you've been through a bitcoin bull run before and think this next one is only going to go up 50% over the last one haha. I think for most people who have been around for a while we understand that $100k is the main target for this market cycle, it may or may not hit it, but it's a reasonable prediction and the peak will likely fall relatively close to it. So yeah your 4x of the lowball predictions is a good system I guess haha.

Just wait for the next ATH,,, then people will be adjusting their predictions by adding another couple of zeros to their numbers;)

I mean, the million dollar games all happened around 2017, so I think we will be seeing more "normal" 6 digit predictions coming out from even the news guys soon. They are all quiet now because of embarrassment from their previous wrong calls;)

[shoreno]

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

current price is close to the last times ath but thats it , it didnt surpassed it yet so yeah we are expecting for more than just 12-13k usd .

your doing a good job of hodling your coins , as long as there is no real reason for you to not continue your journey , go on  . we are on the time where crypto is useful and i think there will be no harder situation than this where crypto must be needed but i dont mean people will stop patronizing

[sana54210]

I guess this is too early to discuss about planning for selling bitcoins. Because, we are just into the beginning days of bullish market and I'm sure we're going to have bullish trend for next 18 to 20 months. If you are not an active trader of bitcoins then definitely you should not plan up for selling bitcoins because this must be the right time to buy more rather than looking for selling. This way I'm seeing OP is trying to confuse naive bitcoiners.

Instead of planning for selling, people must look for buying options. This must be very perfect time for anyone to buy more bitcoin because we are going to have strong bullish markets in coming months.

This must be the very right time and anyone to apply the famous strategy of this community : "buying at every dips".

[DoublerHunter]

Two questions (just for fun, don't need comments about how nobody can predict the top or about how let's just focus on the next price movement):


1. How high and when do you think the price will peak at during the current market cycle, meaning before the next 2014/2015 or 2018 type bear market?

2. What is your selling plan for any long term bitcoin you are holding? Gradual selling? A single sell target - what is it? Just gonna see how things play out? Or maybe you plan on holding more long term and don't even plan on taking advantage of the market cycle.

^ 1. at the moment there are countries that is in Recession so, probably if the vaccine is available in the market, many crypto investors would choose to invest in vaccine buy and sell champ option. So probably More or 30 to 40k.
2. I don't have a selling plan, this moment is the preparation for the big event. There are what we called analyst but nobody can predict the exact amount. for sure there would be new big investors that will pump the value.

[bitgolden]

Six digits sounds like way too much, we are talking about bare bottom $100k and more which I think will not happen in this market cycle, I am sensing another eyeing towards the all time high price of $20k which is totally possible but I am not sure if it will be quickly or slowly, maybe we will not reach there neither but at least that is something we are tying to find right now and that is why I think people will try and that try could end up with success or failure.

At the end of the day $20k is something just 40% away or so, however $100k is around 10x right now, let's say 9x closer, there is a huuuuge difference between increasing 40% and increasing 900% that is why I think we should just forget about six digits for now and focus on the $20k all time high for now.

[Mahanton]

Six digits sounds like way too much, we are talking about bare bottom $100k and more which I think will not happen in this market cycle, I am sensing another eyeing towards the all time high price of $20k which is totally possible but I am not sure if it will be quickly or slowly, maybe we will not reach there neither but at least that is something we are tying to find right now and that is why I think people will try and that try could end up with success or failure.

At the end of the day $20k is something just 40% away or so, however $100k is around 10x right now, let's say 9x closer, there is a huuuuge difference between increasing 40% and increasing 900% that is why I think we should just forget about six digits for now and focus on the $20k all time high for now.

When the price had dumped hard way back to 3k then majority of people do lost its confidence and trust with the market plus it comes next on a very long way of sideways movement that
we did even hardly reach or break that 9k price and the market had been stagnant for a while and i highly believe that majority didnt already expect that the market will able to recover anytime soon.
but look at on what happen for this time? It might not really be that a big rise but at least we are seeing some recovery and hope.Im not really into 6 digit kind of predictions but rather
im just also hoping to see the previous ATH and it would be great if we do able to break that one.It might not be on this year but on future years to come.

[coinfinger]

I will be selling a big part of my coin and leave the remaining, and that is the ones that are needed for the side business that I am into.

I get Bitcoin like almost everyday from the work I do, and I also send out some, but I have an amount I have kept aside as an investment and that’s the one I’m going to sell once the market hits another ATH price.

Then if the price should decrease after everything, then I will also be buying back my coins with some of the money I have gotten from selling the first.

[Philipma1957cellphone]

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

on around 18 to 20k btc...i might flush the works at that point...what would be 'confusing' is if they went 'bubble high' as they did

while BTC was pumping back in the day....that will be an interesting 'pucker' choice..if that happens

anyway, like all plans it is probably based on 'fantasy' and I will hodl and accumulate both like an 'old lady' with cats...

(damn, a constant state of wtf and wtf should I do since I got into BTC/crypto in 2013....consitent confusion...as a mode of operation I have it seems.

  sell 10% of.your stash at 14k say 10 of 100 coins leaves you 90. Sell 10% or 9 of the 90 at 16 k.  Sell 8 of the remaining  81 at 20 k you are now down to 73 coins and you cashed 27 coins for more then 500k.

[Searing]

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

on around 18 to 20k btc...i might flush the works at that point...what would be 'confusing' is if they went 'bubble high' as they did

while BTC was pumping back in the day....that will be an interesting 'pucker' choice..if that happens

anyway, like all plans it is probably based on 'fantasy' and I will hodl and accumulate both like an 'old lady' with cats...

(damn, a constant state of wtf and wtf should I do since I got into BTC/crypto in 2013....consitent confusion...as a mode of operation I have it seems.

  sell 10% of.your stash at 14k say 10 of 100 coins leaves you 90. Sell 10% or 9 of the 90 at 16 k.  Sell 8 of the remaining  81 at 20 k you are now down to 73 coins and you cashed 27 coins for more then 500k.

yeah....but ..it's my BTC gasp! I agree with your plan howerver..but I am a HODL addict

on the other hand, I need the BTC to it around 15k or more and THEN have ALTCOINS go crazy/stupid bubble as they have in the past

clean out all my shitcoin don't ya know

also needs to be under what is it 400k on a sale to stay at 15% cap gains or some such

the older I get however the less I give a flying f*ck about selling BTC just to be contrary....I have means w/o BTC and collect social security next year..you get to an age wherein 20

years they are gonna stick you in a nursing home run by nice college co-eds and you get more and more onery year by year

I probably under no circumstances will ever touch the BTC proper because no need to ..pass it on to others probably

damn, not sure....my views change on this according to one outrageous BTC number from another

I SUPPOSE i could up my 'attractiveness' and flash a lot of money around fast cars/fast women/fast friends..but mainly I just want to nap...

[tbterryboy]

I am guessing that I shall get out very soon. The price hit beyond 12k and I have always said that I will sell above 12k but I do not put an order there because I want to see how higher it would get, my idea failed because I was asleep. My idea is that I will see it go above 12k, and after it is 12k I will put a stop loss and sell it at 12k if it ever goes back down, but if it doesn't I would just wait for it, if it goes beyond 13k I would put my stop there, if it goes beyond 14k I would do that, and continue like that until it finally falls.

With above basis I should have sold at 12k when it went down but I was asleep, next time it happens which I believe will be this week as well, I will be doing it (if I am awake) because I got in a lot earlier in aprilish time at 6.5k so it would be smart to get out over 12k as well.

[arwin100]

I am guessing that I shall get out very soon. The price hit beyond 12k and I have always said that I will sell above 12k but I do not put an order there because I want to see how higher it would get, my idea failed because I was asleep. My idea is that I will see it go above 12k, and after it is 12k I will put a stop loss and sell it at 12k if it ever goes back down, but if it doesn't I would just wait for it, if it goes beyond 13k I would put my stop there, if it goes beyond 14k I would do that, and continue like that until it finally falls.

With above basis I should have sold at 12k when it went down but I was asleep, next time it happens which I believe will be this week as well, I will be doing it (if I am awake) because I got in a lot earlier in aprilish time at 6.5k so it would be smart to get out over 12k as well.

I can't blame you if that's your decision but listen to the majority of the people like how Bitcoin would rise in the upcoming bull run you could have saved more profit during that time. But in the end, it's still your choice whatever you want to do with your crypto we are just speculators here.

Anyway, predicting my top would be around $30k to $50k next year and I think that's enough but if someone has to contest that it will going to happen in 2022, well, good luck on that I guess my prediction is not as good as yours.

So hard to missed the train especially when there's something huge coming but as you said its his decision since not everyone can able to hold their feelings especially when we see the market crashing a little bit.

I predict that we will go on $20,000 or even $30,000 but above from that I can't imagine on how we can go that far but still its good to have that prediction.

[Ridwan Fauzi]

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

That's true, buy we may need to see the market sentiment as well. If the sentiment market still good which mean there is nothing to worry that how far bitcoin prices down it will be increase again but it will be otherwise, something bad happen and it we lead us to the another dump. I can't imagine if bitcoin price touch below $5000 again since we already got I huge profit and we still decide to hold our bitcoin. At least if we see and make more analsyst about market sentiment we will be safe and we still have a chance to sell our bitcoin in the right place.

[bearexin]

If you are trying to see where you should be selling, that means you are not going to really be a good investor, just focus on being a trader if you want to? That way you would basically buy and sell depending on whatever you think you should be buying and selling.

However if you want to be an investor and really not get out unless something major happens, that way you would know that you get in for the long term and if you are in your 20's right now or early 30's which is the biggest crowd in the crypto world, you would basically be super rich by the time you should be retiring. The aim is not to go on a cruise ship vacation when you retire, the aim is to own a cruise ship of your own when you retire, so trading is not the solution for that at all.

[rodskee]

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

That's true, buy we may need to see the market sentiment as well. If the sentiment market still good which mean there is nothing to worry that how far bitcoin prices down it will be increase again but it will be otherwise, something bad happen and it we lead us to the another dump. I can't imagine if bitcoin price touch below $5000 again since we already got I huge profit and we still decide to hold our bitcoin. At least if we see and make more analsyst about market sentiment we will be safe and we still have a chance to sell our bitcoin in the right place.

That's really huge fall if in case that this dumpers pushed the value to that level, but for now we are
still seeing good market movements.
Bitcoin is now trying to reach back $12K and if this new level able to break then it will be more exciting
to see where bitcoin will be heading.
A matter of trust with your own analysis and with how you judged your investments, there's a need to
have a good set back plans.