Bitcoin - what price would you sell?

[DanWalker]

I am not holding Bitcoin for financial gain alone; rather, I am holding it for future use. I also have no other option for where to store my value so as not to involve third parties so that why I am saving my in bitcoin, so I cannot simply determine the price at which I can sell my Bitcoin. I might consider selling it during the next bull run, but I don't believe the concept will be very logical given due that I may not need money at time, so i believe holding it till whatever.

But I always think about using it for transactions purposes, like making purchases with my Bitcoin whenever I anticipate a delay from my bank. As a result, my main motivation for acquiring Bitcoin is to use it in future transactions.

I see the contradiction in your statement, if you are not holding bitcoin for financial gain but for transaction purposes, then you don't need to buy and hold it from now on, or you can also buy and use it from now. Buying and selling bitcoin will never be difficult because this is a trading market as long as you have money and you can buy it at any time, so to say that holding bitcoins for the future without profit is not entirely true. I know that not all bitcoin users are speculators like me, but I really haven't seen anyone holding bitcoins who don't care about the profits it brings.

[1715343836]

1715343836

[1715343836]

1715343836

[1715343836]

1715343836

[1715343836]

1715343836

[Sayeds56]

I started accumulating Bitcoin after the June crash last year, my average buy is currently $17500.

I feel like it is a good time to be accumulating but also lately have been thinking it may be a while until it is worth selling.

I think Bitcoin will reach $100k maybe $150k next bull run in 2025 but feel that is not going to be enough for me to sell as I won't have anywhere near 1 full Bitcoin.

I invest in Bitcoin weekly but I also have other Altcoins I invest in so it is not a large amount I am able to put into Bitcoin right now.

I am thinking of just accumulating till 2029/2030 which should be the next bull run after 2025.

Hopefully by this point I will have close to 1 full Bitcoin and the price will be at least $250k which would then be worth selling to me.

Though, the way you buy Bitcoin every week is good DCA (Dollar-cost averaging) strategy, but it will take you quite long time to accumulate one Bitcoin. Beside buying regularly, I would suggest increasing your Bitcoin through earning it by joining bounties or providing service and receive your payment in Bitcoin, as well as learn technical skills to generate profit by trading, which is not easy but possible because Bitcoin very volatile currency and volatility is a gift for those who are well skilled and know how to take advantage of it.
 
I hope to see next ATH (100K or more) after the halving which is likely to happen in 2024. It will be good opportunity to book profit for those, who have been patiently accumulating Bitcoin since Novermber,2021.

[AicecreaME]

If you witnessed the last all time high, you would know the answer. So, if I were you, I'd wait 'till it makes to $60,000 or more to make more profits, but even it pumps up to $30,000-40,000 then sell it, it's still a profit. To make it even more simple, selling your accumulated Bitcoin at a very low price would vary on your level of satisfaction. It would be better if you know yourself on what price you are willing to sell your Bitcoin where you would be happy and satisfied to avoid regrets.

[solehdavid]

it depends on whether one sees bitcoin as a long term investment or a short term investment. i see it as a long term investment but my opinion may change depending on the state of the market and global changes

[jrrsparkles]

I started accumulating Bitcoin after the June crash last year, my average buy is currently $17500.

I feel like it is a good time to be accumulating but also lately have been thinking it may be a while until it is worth selling.

I think Bitcoin will reach $100k maybe $150k next bull run in 2025 but feel that is not going to be enough for me to sell as I won't have anywhere near 1 full Bitcoin.

I invest in Bitcoin weekly but I also have other Altcoins I invest in so it is not a large amount I am able to put into Bitcoin right now.

I am thinking of just accumulating till 2029/2030 which should be the next bull run after 2025.

Hopefully by this point I will have close to 1 full Bitcoin and the price will be at least $250k which would then be worth selling to me.

Trying to hold until 2029 that's really good investment but you can also consider the strategy which I am going to tell you which can speed up the accumulation process so by the time you may have 2 bitcoin instead of 1 but everything comes with risk.

Imagine you're accumulating bitcoin until 2025 or until you feel this is the peak of the bullish season and sell of everything then wait for the next lower price and just buy bitcoin with the whole amount so if you had 1 bitcoin and sold it for 150K then you're buying again at 75 to 80K then you can buy 2 BTC with the money you have and also another 4 years to accumulate some more bitcoins.

[S A KHAIR]

I like your plan but to implement it is not easy, hold bitcoin for 8 years and not sell it when the bull season comes, it's really a huge challenge, I think I won't do it. Instead of trying to think of selling it during the bull season of 2025 and will wait for bitcoin to fall back, we will buy it back at a lower price. It's also a way for you to quickly reach your 1 BTC goal, think about it.

[DoublerHunter]

If you witnessed the last all time high, you would know the answer. So, if I were you, I'd wait 'till it makes to $60,000 or more to make more profits, but even it pumps up to $30,000-40,000 then sell it, it's still a profit. To make it even more simple, selling your accumulated Bitcoin at a very low price would vary on your level of satisfaction. It would be better if you know yourself on what price you are willing to sell your Bitcoin where you would be happy and satisfied to avoid regrets.

Making a profit even if it's small or big but still, that is a profit and now it varies on your satisfaction, if you are satisfied with a small profit it is up to you, and of course, with a large profit this depends on your satisfaction. So I think setting a goal where to cut your profit would be the best option here, as long as you are not selling your BTC under the price you purchased. But we have a different goal of making a profit, too high the expected price would take some time to wait because the next bullrun will probably come every four years when there is BTC's next halving. So I rather wait for the higher reward and accumulate while I can.

[Yatsan]

I'd say, the right time to sell is once you're okay with the market price and the profit to be earned, 'coz in my case, earning 10% from what I have invested is a decent profit already so maybe it will just depend on your satisfaction as an investor. If you are a long term holder then for sure you'd be having high expectations of the potential market price, which would push you to just continue holding. Best thing is to manage the risk; it won't always be on an uprise direction. When I did lomg term investment before, I was still selling and entering the market again depending on the situation than to just hold it for years.

I like your plan but to implement it is not easy, hold bitcoin for 8 years and not sell it when the bull season comes, it's really a huge challenge, I think I won't do it. Instead of trying to think of selling it during the bull season of 2025 and will wait for bitcoin to fall back, we will buy it back at a lower price. It's also a way for you to quickly reach your 1 BTC goal, think about it.

Indeed, for sure it would be tempting. How'd you know that it is already the ceiling price, right? Also, it would be better to enter and sell as a cycle to make maximum use of the market price volatility of Bitcoin. You'd never know until when will you be able to hold 'coz there will be times you would be pushed to sell due to whatever reason possible. Managing the risk, therefore, is the best thing to do than to just stick with a single plan of just holding for years.

[tabas]

You're doing the correct approach, just keep on accumulating and sell whenever you think is profitable, bull run may it be or not. The important thing of what you're doing is the discipline that you're building that you're buying weekly and that's going to be a practice that you'll keep on doing no matter what price bitcoin maybe as you buy it. I might sell whenever it's up and back again starting $40k, DCA on a selling position and something like that is also a good approach for you to not miss those highs.

[minime0105]

I started accumulating Bitcoin after the June crash last year, my average buy is currently $17500.

I feel like it is a good time to be accumulating but also lately have been thinking it may be a while until it is worth selling.

I think Bitcoin will reach $100k maybe $150k next bull run in 2025 but feel that is not going to be enough for me to sell as I won't have anywhere near 1 full Bitcoin.

I invest in Bitcoin weekly but I also have other Altcoins I invest in so it is not a large amount I am able to put into Bitcoin right now.

I am thinking of just accumulating till 2029/2030 which should be the next bull run after 2025.

Hopefully by this point I will have close to 1 full Bitcoin and the price will be at least $250k which would then be worth selling to me.

If i should have a surplus money i would have accumulate more Bitcoin knowing that it will increase, so therefore this is the best time someone can as good as to invest in the Bitcoin just waiting or expecting that in 2024 and 2025 Bitcoin price will increase, the more you have money it should be the more you invest in Bitcoin knowing that one day the price of Bitcoin will increase, so whosever that invest now or accumulate it's Bitcoin invest is sitting trap for bullrun

[Meriale]

I absolutly think that BTC will rise again and I prefer not to sell.
We have to just wait and see.

[Crypt0Gore]

I don't have a final exit for Bitcoin, I see people talking about selling BTC at 100k is that the final? Because my strategy is to always get in and get out to be able to get in again, we all know that BTC always have it's cycles, buy at 15,000$ and sell at new ATH, for example 60,000$, take profit and put aside some for buying back sake.

Keep repeating this in every cycle of bear and bull market, I believe this is the best way for investors to grow bigger and better.

[coinerer]

I'm always hesitant to sell crypto at triple the price all the time so it depends on me how much price I bought the bitcoin at. For example current price of bitcoin is like $17000 so if I buy bitcoin now then I will sell it only when the price is above $50000. If I get triple profit from something then that is a big profit for me so I don't wait for more. This is my desire and my thoughts

[ringgo96]

For now of course we all have invested in bitcoin because of the decline that occurred last year, many investors are buying up bitcoin for their future investment, and now there are many investors who hope that an increase in the price of bitcoin will occur soon and we will all stay survive if the price doesn't go up, and I also won't let go of the bitcoin that I have if the price is still below our expected value, if we have achieved big profits then at that time I will release all the bitcoin assets that I currently have.

[Dickiy]

Buying and selling Bitcoin is indeed a common thing for now, because there are still restrictions on using all Bitcoin utilities. Investing in Bitcoin is an alternative to making decisions besides using it for transactions. As we know that investing always has a certain price target to sell both long term and short term. For the current phase I don't think I'm dreaming too far, Bitcoin is back to 30k I will definitely sell it because basically I have to take profit from the Bitcoin I bought before.
To be honest, this depends on each individual person, both from the conditions and the situation, what is the price limit that must be taken to take advantage.

[Nrcewker]

The answer might differ from person to person to be honest. But that doesn’t mean selling at low price is bad. Some have bought the Bitcoins at 16k usd, for them selling at 20k usd will be profitable. Now there are some big people who think of long term, so when they buy any Bitcoins, they do it for longterm. Hence after buying, they don’t check the price for atleast 3 years. If you ask me then I but Bitcoins regularly at different price. I only them when I need some hard cash. If you ask me for a number, then I will sell at for 150k usd at max.

[Marvell1]

I like your long-term plan, but if you accumulate bitcoin as you said, it will take a long time to accumulate enough 1bitcoin as you want. Because over time bitcoin price will go up, and if bitcoin hits $100k, your accumulation will be more difficult. I see some people give a very good suggestion, you can try that, sell your bitcoins during the bull run in 2024-2025 and then wait for the bear cycle to come, when bitcoin drops like what is happening, accumulate from there. With that strategy, I guess you will own more than 1 bitcoin, not 1 bitcoin.

[Godday]

Before getting big profits I still maintain the bitcoin that I currently have, although there is currently no sign that bitcoin's rise will happen soon but the achievement of the new ATH we will definitely feel later, everything needs a process so we must rely on patience so that everything we want can be achieved, so never give up on the current situation and rest assured that the bull run will definitely happen again, and those of us who are already in a very tough phase are coming to an end for this year or the coming year, there are stages that must be done so that the best possible strategy so that all can be achieved.

[Kaliandra]

You collect bitcoins and sell them later if the bitcoin price is a bull run, yes that's a good decision. but we will not know when the bull run will come. and also we will not know the next bitcoin bull run, whether it will be like 2021 or not. or it could be the price is higher than the bull run price, bitcoin 2021.
but in this case we must be wary of bitcoin prices for the next bull run. and what I mean is this.

1: if you are investing and the bitcoin price is already very high, and there is already a big profit, just sell it, because we will not know how much the bitcoin price will be in a bull run.

2: don't be greedy for the benefits we get, because usually greed can cause losses or lose good moments. for example, not selling when the price is already high, because we think the price will be even higher, but not long after that the price drops again.

3: actually in bitcoin investment trading, we compete with other investors, especially in terms of selling, which is whoever gets it certain fast.

but in this case the decision is yours, and I personally will sell bitcoin when the price is very high, but will not measure it at the price you said, because we will not know the price of the next bull run.

[Zanab247]

Since many investors used to sell their coins during bull market, which is the best season for genuine investors to sell their coins without fear of loss  in the market. I have invested huge amount of money on Bitcoin and, invested little on altcoins in this bear season because, I believed the price of Bitcoin and altcoins will surely increase higher next year 2024 before I will sell  to achieve what I want from my investment.