Bitcoin - what price would you sell?

[_BlackStar]

My ultimate goal may have changed after bitcoin actually proved to me that x3 of the previous ATH was achievable.
So at least x2 of last year's ATH is a target that is likely to make me sell some of my bitcoin later, so if bitcoin can get to x3 of last year's ATH then I will certainly make a good profit there.

Even if the bitcoin don't hit the mark I was hoping for, it's not really a problem for me especially as long as I can afford to hold them in the long term. I'm just trying to consistently invest in bitcoin. It's too gray to know what the next ATH will be, but I hope $128K is not imposible.

[1714232705]

1714232705

[1714232705]

1714232705

[1714232705]

1714232705

[1714232705]

1714232705

[1714232705]

1714232705

[crunck]

Like me, I am trying to accumulate bitcoins during this down season, and my plan is to sell them when the bull season comes. For example, the bull season is in 2025, then I will sell them for x2 or x3 profit, and I will keep waiting for the bears to come to accumulate bitcoins again. The market only has 2 up and down cycles, so just do it right, buy when the price drops and sell when the price goes up, we have succeeded. Don't try to think too highly to make things more complicated.

[inthelongrun]

So far I am not even thinking about what the price of bitcoin should I sell. I haven't even transferred some of my losing stock investments into bitcoin. I am still occupied by the excitement and determination to accumulate more while the price is still low. Maybe I will not sell them unless I need to use the money but I am hoping to hold it as long as I can. My primary goal is to earn life-changing profits out of it and not the small gains from small and temporary pumps.

Another plan to maximize my bitcoins is to trade. Maybe I will start trading again this year.

[Iranus]

Each person will have a specific goal, no one is the same and it depends on the price you buy. Since we can't know where the bottom and top of bitcoin is, I think we should have a specific plan and price target, not be too greedy.
The important thing is not to be too greedy, not to set the target too high, and to give the right price and the right profit to achieve. There is no need to regret if we do not sell at the highest price, being too greedy will sometimes make us lose.

[GigaBit]

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.

In this regard one person's intention may be different. A holder may think differently to what a trader would think. There is a less chances of similarity of thought with these two types of people. When you sell bitcoin is entirely up to you. You can buy bitcoin at a low price and sell at a small profit or hold them for a long time and take more profit. It will basically depend on the condition of the individual purchase. But my thought with bitcoin is that when I get 2-3x my investment I will sell bitcoin and try to buy again when price will drop. There are many good holders who will sell $100k or $200k at this price after holding for a long time.

[aylabadia05]

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

A good plan that is worth continuing according to ability. Don't be pushy.

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.

You've started to deviate from the original good plan. It's worth thinking about it again so that the thought of selling doesn't come up again.

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.

We also feel the same way regarding the price that will be reached when the new ATH happens. But somehow we felt that every time we heard the phrase sell, we always thought that it was not the right plan.

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.

Investing is a smart move in organising finances for the future. Of course, investing in Bitcoin is a solution for those of us who choose the crypto space as a means of investment. It is not impossible if you also choose Altcoin for you to invest your money, but Altcoin will never be the same as Bitcoin in maintaining the value of our investment.

[kryptqnick]

I believe in Bitcoin as money, so if there were more options available, I'd use it as money in my everyday life whenever I'm low on fiat or when we are, say, no more than 50% below the ATH point, which I'd consider good purchasing power for Bitcoin. In case of the op, buying at $17500 and waiting for profit, I'd be happy with 5x profit, I think, but if the investment amount makes more sense over a longer period of time with higher profit, I don't see why not wait for 15x or, alternatively, for the point Bitcoin investment reaches a value that would enable to significantly improve one's life (buy a flat if renting, start a business if it has been a dream, etc.).

[wiss19]

Your feelings were right @OP. Times like this or the bear, is the best time for accumulation but it looks so wrong if you will think about selling right after you bought your coins. It seems clear that you are too excited but you should minimize that feeling if you want to successfully earn a great profit. Not only that but too much excitement can also lead you to lose money.

The expected bull run is said to happen in 2024 not 2025. It is still far so it is still possible for you to accumulate more coins. Just believe in yourself. I know you will still be able to reach 1 BTC soon. If you have less money in your pocket then find a job. If you already have it then do some side hustles. Good Luck !!

[Silberman]

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.

In this regard one person's intention may be different. A holder may think differently to what a trader would think. There is a less chances of similarity of thought with these two types of people. When you sell bitcoin is entirely up to you. You can buy bitcoin at a low price and sell at a small profit or hold them for a long time and take more profit. It will basically depend on the condition of the individual purchase. But my thought with bitcoin is that when I get 2-3x my investment I will sell bitcoin and try to buy again when price will drop. There are many good holders who will sell $100k or $200k at this price after holding for a long time.

When to sell is a very personal question as it depends on too many factors that are different for each person, there are holders out there that are not planning to sell their coins at any price, and while this posture is great it is not really something that everyone can do due to their economic situation not being that great, now even those which are doing well do not have that kind of commitment either, and they have set in their mind a price at which they will sell their bitcoin if we happened to reach that level during the next bull run.

[TrustedBitcoiner]

what price would you sell?

17.2K

 

[Sayeds56]

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

No doubt, the value of Bitcoin will increase significantly , and most likely it will break all previous record by making new ATH. We should buy & hold it by taking advantage of current low prices which is life time opportunity & we might not see it again.

Selling Bitcoin is never a good idea unless there is urgent need of cash which you can not be met through the sale of  other assets but I would sell my Bitcoin if its value reaches to point where 100 satoshis is equal to 1 dollar, means Bitcoin price reaches 1 Million dollars.

[ginsan]

if you enter at the low in 2022 where the btc price hits $15461 of course you already have a small profit if you sell now, but holding long term is pretty good because of the prospect of high price coming in years to come. patience is the main choice to reach the next ATH, For Op you are doing quite well where you make purchases gradually every week, I think you will accumulate at least 1 btc in the target going forward, for me holding in the long term is quite well done, especially in the market situation that has not recovered from the crash at the end of last year.

I'm sure like the op said the price of btc could reach $100k or $120k in the coming years, but can you hold it in the long term, because someone loyal holders will not sell btc if the target is not achieved.

[Piesel]

what price would you sell?

17.2K

 

Hope you had a successful trade, because Bitcoin is 17,277k at the moment but what I will like to ask is, what is the level difference between the present price and the price of bitcoin when this thread was created?

I believe the bitcoin dollar cost average shouldn't be a template for Bitcoin exchange and since bitcoin is an asset I wouldn't, cost it pruce with a dollar even if that is the exchange currency, so in essence, what I mean is we should give a long term view to Bitcoin rather than rushing to sell whenever the price sprung up a little.

[lixer]

Hope you had a successful trade, because Bitcoin is 17,277k at the moment but what I will like to ask is, what is the level difference between the present price and the price of bitcoin when this thread was created?

I believe the bitcoin dollar cost average shouldn't be a template for Bitcoin exchange and since bitcoin is an asset I wouldn't, cost it pruce with a dollar even if that is the exchange currency, so in essence, what I mean is we should give a long term view to Bitcoin rather than rushing to sell whenever the price sprung up a little.

If I haven't read this I won't noticed that BTC just jump a lot. That's nice and I hope this would continue now. This is something that makes us all happy and to feel positive once again as we see that our portfolio is recovering or increasing again and then there is this thought of earning a big profit later on.

Anyways maybe the guy is a short term goer and he already bought at the dip or during BTC is at $16k level and he is confident of selling it after some recoveries and maybe he even did it right before you right your response on this thread. Now he is waiting again in case price dips again but he has some coins left to sell for further pumps.

[dezoel]

It's not about the price for me, it's about how I feel about crypto at that point. It just means that if I could sell and live a good life then I would sell it, that just makes a lot more sense. If I need to sell to pay for something urgently then I would sell in that case as well because I have to and not because I want to. Aside from both of that, I do not think that I would sell, I will hold no matter what the price is.

Going down or up doesn't matter to me, either I have to sell it, or I already have enough money because those are the only two reasons that makes sense to me. I believe that if enough people did that, we would be a lot higher right now.

[TrustedBitcoiner]

we should give a long term view to Bitcoin rather than rushing to sell whenever the price sprung up a little.

live a little and risk some btc trying to buy low sell high.

[Hamphser]

Hope you had a successful trade, because Bitcoin is 17,277k at the moment but what I will like to ask is, what is the level difference between the present price and the price of bitcoin when this thread was created?

I believe the bitcoin dollar cost average shouldn't be a template for Bitcoin exchange and since bitcoin is an asset I wouldn't, cost it pruce with a dollar even if that is the exchange currency, so in essence, what I mean is we should give a long term view to Bitcoin rather than rushing to sell whenever the price sprung up a little.

If I haven't read this I won't noticed that BTC just jump a lot. That's nice and I hope this would continue now. This is something that makes us all happy and to feel positive once again as we see that our portfolio is recovering or increasing again and then there is this thought of earning a big profit later on.

Anyways maybe the guy is a short term goer and he already bought at the dip or during BTC is at $16k level and he is confident of selling it after some recoveries and maybe he even did it right before you right your response on this thread. Now he is waiting again in case price dips again but he has some coins left to sell for further pumps.

Its not a lot but only a few percentage increase just like on a normal day that we do have in cryptospace, it is really just we are really been appreciating the current movement because its been a while that we arent

seeing the price had moved up lately but rather it is really that moving sideways which we do even forgot for a market to have some green or increase.lol. On what price we would really be selling.?
It would really be depending on your own choice as an investor or trader on where your selling spot or point would be and this is really varying on  someones choice and decision because not all would really be that
the same.So we do have our own decisions on which point we would really be making out such move.So it does really vary and depend.

[CageMabok]

Like me, I am trying to accumulate bitcoins during this down season, and my plan is to sell them when the bull season comes. For example, the bull season is in 2025, then I will sell them for x2 or x3 profit, and I will keep waiting for the bears to come to accumulate bitcoins again. The market only has 2 up and down cycles, so just do it right, buy when the price drops and sell when the price goes up, we have succeeded. Don't try to think too highly to make things more complicated.

If you look at the history of bulls that have happened to Bitcoin, that means there is a possibility of another bull on Bitcoin in 2024 even though you think it might happen in 2025. But I see from the evidence that it has happened in the past and it is likely to happen before 2025. The advice you give is actually advice that is very common and has been done by many people in the past and is also still used by some people today. So no one thinks complicated if it is to achieve better profit for themselves.

[Silberman]

Like me, I am trying to accumulate bitcoins during this down season, and my plan is to sell them when the bull season comes. For example, the bull season is in 2025, then I will sell them for x2 or x3 profit, and I will keep waiting for the bears to come to accumulate bitcoins again. The market only has 2 up and down cycles, so just do it right, buy when the price drops and sell when the price goes up, we have succeeded. Don't try to think too highly to make things more complicated.

It is key to have a long term plan which at the same time is down to earth when it comes to the profits we expect to get, it is common on the altcoin section to read the posts of newbies which are looking for huge profits in a very short amount of time, you have way more experience which is why your plan is no only way easier to follow, as it is very simple, but it will also be very likely that you will obtain your desired results, and while 2x or 3x may seem low to some this is very high as it can take you years or even a decade to get those profits in other markets.

[Reatim]

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.

expecting too much will bring you more failure mate , why not just  try selling once another ATH reach since you only accumulate when the price is 17k level? that is too greedy attitude looking for x10-15 from bitcoin ,  there are many of us have been greedy for how many chances and yes they blame their greediness for not selling when the value take 60k and now wondering when would this happen again.