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Author Topic: The HODL to 100K movement  (Read 794 times)
7788bitcoin
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October 08, 2021, 06:27:10 PM
 #61

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
When it comes to the price, the huge investors make the most in these situations, who cares about anyone who are booking their profits early. The real game is make the maximum profit in a short period of time and the institutional investors are aware of it and so is the reason they grabbed the opportunity and investing heavily and if it reaches they desired target while investing expect them to book their profit.

I am also optimistic that we will see the value reaching new all time high but it is hard to predict what these institutional investors are planning and when they are planning to book their profit because they have billions invested in the market.
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October 08, 2021, 06:56:23 PM
 #62

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
We holders are very patient. If you happen to hold that bitcoin of yours since 2018 or earlier then you're truly patient. And it's a fact that not everyone can hold for a long time because we can face some circumstances that will change our holding behavior.
We might sell eventually if it's very needed even bitcoin hasn't crossed the $100k mark yet. Different situation and problems we may face but if you're a firm holder and have an accurate plan, you'll definitely hold until $100k and what's next after that? $500k-$1M?



 

 

 

 

 

 


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October 08, 2021, 07:49:30 PM
 #63

hope everyone who owns bitcoin would want to be able to see bitcoin able to reach the price of $ 100k and this will be a new history for bitcoin will affect the price of altcoins.

Those who don't want bitcoin to $100k are those who don't buy bitcoins when bitcoin prices are still cheap.

Bitcoin's journey is certainly still long and the prediction of $100k has been widely discussed by several professional traders.

Holder is the winner and if you want to be rich hold on until the target is reached.
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October 08, 2021, 08:19:40 PM
 #64

it will certainly be very good when it is realized well Smiley
but in reality the expectations that we expect sometimes do not match the reality that occurs and in the end we will lose and always want to sell the assets we have when the price has exceeded the initial price (even if only a little bit).
I guess everyone has the same taste for it Smiley
but when it does happen and is strong enough to hold $100k over a period of time I think it would be great for that person and very worthy of being called true hodlers.
even though there are things like that, the comparison is very small because most are always itching to sell their assets when they get a little profit

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October 08, 2021, 09:09:56 PM
 #65

Why HODL until 100k, what are you going to do then, sell everything for useless, depreciating $ & celebrate that?
I’ve been buying & HODLING since 2014, I’ve barely sold anything. Now more than ever I’m starting to see how useless fiat currency is.

I will sell some in Q4 but nowhere near even 50% of my stash. I think it’d be moronic to go all in to fiat.

Sell enough to make your life better to retire if you’re lucky & have enough money to last 3-4 years until the next bull run but selling everything at $100,000 is stupid.



It is what I have already planned to do from quite some time now,HODL until 100K is achieved and then sell everything but at one condition.The condition I have put to myself is that 50% of all the money I get from selling my coins at 100K will go to build mining rigs with GPU-s which I like more than ASICS but why not try 1 or 2 ASICS as well.This way I will be ready for the next bull run which may happen if history repeats itself every 4 years.

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October 08, 2021, 11:43:33 PM
 #66

https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

Seriously being bothered not having chance to post that image in which nothing different from those posts we are seeing here
that bullish for Bitcoin? lol sounds very serious  Grin

If everyone should keep holding how then will crypto currency exchange will make their own money since they out to make profit the way you want to make profit from holding on the exchange. $100k may not happen soon the way people want it to happen within this year but base on what people are saying we may likely see Bitcoin market price reaching $100k in time to come and I don't think no one when it will happen.
and it is impossible if everyone holds then the value will not grow totally , the evaluation of the price happens because of circulation
that shows how strong and valuable the market is.

without those then expect this market as manipulative totally .
If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.

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October 09, 2021, 07:43:42 AM
 #67


If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.
[/quote]

Price is a function of supply and demand. BTC grew from 2013 as there was more demand for the asset than that supplied. So, when demand remains constant and supply is constrained by hodlers, the price moves up. (And the opposite when supply increases via desperate sellers, such as what we see during times of market corrections).

So, if, going forwards, there are less sellers, but the demand from buyers increases, price will increase. Hence the HODL to 100K movement.

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October 09, 2021, 10:25:17 AM
 #68

Yesterday the price has reached $56k, unfortunately today the price is corrected by 2% to $54, but I believe that the price of $100k can be achieved this year, october is the first test of new ATH so the hope to reach $100k does not take long to waiting.
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October 09, 2021, 11:31:07 AM
 #69

HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.
That's subjective, some people out there will find it ridiculous especially when the prices starts going up again and we see another all time high albeit not 100k. You're optimistic but the problem is that you're ignoring the uncertainty of the future, what if along the way, the prices starts going down or there's a news that heavily influenced the market in a negative way.

I'm not ignoring the uncertainty of course. If I did, then I wouldn't make any investment into Bitcoin blindly.  Grin  That would cause me to lose a lot of money easily probably. I'm just hoping to see $100k in this year or early in 2022. This rally may not continue until the end of the year. But if we see a new bull run in this year, then it will help this target be achieved much easier.
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October 09, 2021, 11:59:22 AM
 #70

hodl up to 100K actually it's not an exaggeration but is it only to 100K? assets like bitcoin will be more useful in the future ,we all know how much the price of bitcoin came from and until now the price growth is getting higher ,later I think it is natural that the price will continue to grow in the future ,dont have a target if you are willing in hodl long term

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October 09, 2021, 12:44:16 PM
 #71

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
it's true like that because not everyone can survive with the strength to hold their assets, one of which is me who always wants to sell my assets when the price goes up even if only a little Smiley
not without reason, this is the nature of human greed that will indeed be very difficult to change. The desire to always get a lot of money and always in a hurry is one of the problems here.
and it's true there is a saying that says "the really strong will survive" maybe that sentence is true Smiley

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October 09, 2021, 01:14:19 PM
 #72

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
it's true like that because not everyone can survive with the strength to hold their assets, one of which is me who always wants to sell my assets when the price goes up even if only a little Smiley
not without reason, this is the nature of human greed that will indeed be very difficult to change. The desire to always get a lot of money and always in a hurry is one of the problems here.
and it's true there is a saying that says "the really strong will survive" maybe that sentence is true Smiley

Basically this matter depend on what people needs since not everyone can able to hold there assets bought since majority of traders are just flipping up their capital so that they can make it grow. Maybe there are other people greedy but we can't generalize this since we have different capital placed and not everyone can afford to risk their money for bad positions that might possibly came.

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October 09, 2021, 03:20:40 PM
 #73

I surely do not have any magic skills to know bout the future or predict the price especially since we are talking bout the price of bitcoin and this price can have very high atr. But since the price already did a correction and the bears are so weak right now and there are more buyers on the market and people you buy bitcoin for long term and the current price, I guess very soon we will see a new ath maybe even before the end of the month but not sure about the 100K. However, you have the willpower for holding bitcoins for the long term you can even aim for higher targets.
 

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October 09, 2021, 07:32:55 PM
 #74

Also keep in mind $100k is based on USD.
Although we like to talk about value in USD and many of us here use it, it's not the be all and end all of trading.

If I was in Canada and basing stuff off of CAD then I may want to get out at $75000 CAD, and everyone is trying to figure out why the selloff at $60,000 USD when it's just a bunch of Canadians taking profits at that point in their dollars. Possibly another drop at $68000 USD when a bunch of people in GB want to get out at 50000 GBP.

What we see here and talk about here mostly is USD but its not what everyone is figuring their profit and loss in.

-Dave

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October 09, 2021, 10:12:41 PM
 #75

The next ATH could be 63K according to the Plan B model on Twitter.
It is an analysis that I have followed for a long time given its precision by this man.

https://twitter.com/100trillionUSD/status/1446819492781244417?t=FXKHXrNBPd1a1GdvbGSvAQ&s=19

I feel your great enthusiasm OP and I can tell you that my main reason for investing in bitcoin is to wait for this great moment that the price of bitcoin crosses 100K.

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October 09, 2021, 10:43:45 PM
 #76

I felt like this movement is most likely prone to manipulation and if whales do know this they will eventually dump their coins. And most people doesn't like holding too much if they saw an opportunity to make profit they will start to sell plus if some people needed the money they won't hesitate to sell and convert it to fiat.

I have a doubt about this in the first place because I think the price won't hold that much longer until the correction will hit. Besides, after gaining $60k Bitcoin just dropped back to $54k and maintain its stability there. I think $100k won't just going to happen within this year yet but that might going to happen in another 4 years.

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October 09, 2021, 11:57:00 PM
 #77

The next ATH could be 63K according to the Plan B model on Twitter.
It is an analysis that I have followed for a long time given its precision by this man.

https://twitter.com/100trillionUSD/status/1446819492781244417?t=FXKHXrNBPd1a1GdvbGSvAQ&s=19

I feel your great enthusiasm OP and I can tell you that my main reason for investing in bitcoin is to wait for this great moment that the price of bitcoin crosses 100K.
guess what ..

i cant even HODLING tiny money on zcash when it was at $103 moved up to $113 , sell them all and regretting the whole day.
this bitcoin thing always haunted me, there is a time when i held more than 10 bitcoin which it supposed to be $500k now,  yeah i knew it everyone will have similar stories like this and that is how crypto play with your psychology, you could jump bounced in super moody happy way to see your investment unexpectedly get quadrupled or even more crazier going 100x but there will always a tough time for everyone to suffering deeply as your whole money wiped out unexpectedly.

welcome to the jungle, its unexpected market, nobody can deny this.

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October 10, 2021, 01:32:22 AM
 #78

Lol, you can't get everyone to "HODL". Even if everyone does hold with you and the price goes up, you can anticipate a massive crash coming soon. People were holding till 100k. Once the price has reached that point, most of the people would be selling their bitcoin to take their profits. This will cause a massive dip. So instead of seeing such insane/massive dips, its better the way it is right now - some people holding, some people selling.

You are absolutely right! It would be a massive movement to see BTC reach 100k by December. Not saying it is not possible, but as you said, even if Bitcoins shoots up to 100k the chances of having a Big Dip right after are enormous. I'm selling at 99k as I guess there will be a Blood bath as the likes we have never seen when Holders start dumping hard.
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October 10, 2021, 03:59:54 PM
 #79

Only those who have the courage and determination can attain that price level when it happens, this won't happen overnight, there will alot of patience involve, I don't doubt btc will reach that price level but how many of us can hold to that time! It is not going to be easy but if one is determined it can be possible.

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October 10, 2021, 06:20:44 PM
 #80

Only those who have the courage and determination can attain that price level when it happens, this won't happen overnight, there will alot of patience involve, I don't doubt btc will reach that price level but how many of us can hold to that time! It is not going to be easy but if one is determined it can be possible.
Patience is much required in the cryptocurrency market. Once could profit in no time as well as could loss big. This is all depending on the market movements. Even with stocks and other forms of investments one needs patience to experience the profit out of it. There are people who have made a big profit overnight investing on cryptocurrency. This won't happen with everyone. In my understanding it is good to think it as long term investment and the profit is assured. It can also be said as patience pays.
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