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Author Topic: What will you do with bitcoin?  (Read 951 times)
MoonOfLife
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April 29, 2023, 10:10:21 AM
 #101

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
If bitcoin hit that price I will sell mine because I got profit on it. Then I will be waiting for bitcoin price goes down and I will be buy back again then hold it again and wait for the good price to sell it again.
Bitcoin is good to trade if you want profit in bitcoin just be wise and always observe the price.

That is also my plan, but I will only sell bitcoin when it hits $100,000 instead of $80,000 because I am confident that bitcoin in the next bull season can surpass $100,000. And the buyback is certain, but I will learn from it for the next time, I only start buying DIP when bitcoin drops more than 60% of its value from ATH, and I will not rush to buy like this year's bear season.
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loopes
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April 29, 2023, 10:59:42 PM
Last edit: April 30, 2023, 09:04:30 PM by loopes
 #102

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

If the price of bitcoin touch at 70.000 - 80.000 US Dollars, I will do a diversification on my ballance between long term holding, short trading, investing on other crypto, and exchange into fiat. I have plan to hold 50% of all my bitcoin ballance to stay in my wallet, then 25% of it i will trade on an exchange to do Short trading and hope to get more profit. then 15% of balance will be placed on legitimate alternative coins. the rest i will sell it into fiat since i think it will be a new ATH, high price is best time to sell into fiat and enjoy the results that i have gotten.

Personally I don't have any plan to sell my Bitcoin, but it's obviously I will sell it little by little when I see the price is really high. I will not ever sold all of my Bitcoin, I still believe the Bitcoin ATH will never end, which mean we might see Bitcoin will break new ATH for every 4 years.

I will sell my coins is not because I will celebrate the new ATH and enjoy my day, but I will use it to buy Bitcoin during bear market happen.

My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price.
What do you mean about legalized? Bitcoin is mostly accepted in many countries right now as a commodity and now there are 2 countries already accepted as a currency.
Not only 2 countries that already accepted bitcoin. Beside Hong Kong and Taiwan, other countries are accepting bitcoin such as United states, UK, Europe Union,  Canada, Australia, France.  InvestoPedia - Countries Where Bitcoin Is Legal and Illegal

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April 29, 2023, 11:19:02 PM
 #103

Expecting profitable returns can be the desire of every investor in investing.
When the price reaches $70K, of course I will let it go.
Yes that is the wish of every BTC holder and wants to return high profits as long as they can, but $70k is too low for the next plus it is a little close to the previous ATH, but if you buy at a time when the price is around $20k then it is quite profitable from which are expected.
But at least I'll wait until $100K.

From the experience of having experienced how Bitcoin reached ATH in 2021, I will return to buying when the price declines.
I think investors out there will also not hold back when the price is at its highest level because the desired amount of profit is sufficient to be fulfilled.
After ATH will definitely crash again as much as possible we have to be able to sell at high prices and when prices start to fall, be ready to buy at a lower price, because the movement of bitcoin after ATH is always like that, showing signs of a significant or even slow decline.

So as a result of selling with a high peak, ready USDT to buy BTC again.

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Sexylizzy2813
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April 30, 2023, 02:27:34 AM
 #104

Everyone has a target when it comes to investing, it only takes a good investor on Bitcoin to know when to squeeze out his/her profit, nobody loves to lose.
With Bitcoin rising exponentially in value, investors would have at least a backup plan and think of what to do with their earning, because is not everyday we see the rise of Bitcoin, when that [rising of Bitcoin] happens I take that opportunity to get important things to be in place and never to allow unnecessary spends cloud my mind.

Some investors just spend their profit on depreciating asset not considering to reinvest their earning on any lucrative business. It doesn't help anyone to spend lavish knowing quite alright that is not easy to get to where you are, unless you're one of those billionaires.
Well in such occasion a profitable strategy to know when to back out is one key factor and avoid being greedy on like some traders.

R


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Josefjix
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April 30, 2023, 03:34:25 AM
 #105

When Bitcoin hits 70k or 80k, I'll sell enough to pay off my student loans and take a nice vacation. After that, I'll keep holding on to it for the long haul. Who needs a Lambo when you can be debt free?
it's a good idea if there is a need, then it's not wrong to sell bitcoin according to needs, especially to pay off the remaining debt, we hold it for a long time to wait for the time when bitcoin will reach ATH again.
It is critical and prudent that we prioritize Bitcoin in the market because it is the only significant project in the space. Although needs do arise, we are obligated to solve our problems on our own without the assistance of others, especially since we are the breadwinners of the family. I understand how it feels to be in a tight spot when everyone requires your assistance to meet their needs and desires; of course, you can't fail them; instead, provide whatever assistance you can. I'm patiently waiting for Bitcoin to reach its all-time high in an uptrend on the chart, then I triggered my sell button.

R


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irhact
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April 30, 2023, 04:59:35 AM
 #106

When Bitcoin hits 70k or 80k, I'll sell enough to pay off my student loans and take a nice vacation. After that, I'll keep holding on to it for the long haul. Who needs a Lambo when you can be debt free?
it's a good idea if there is a need, then it's not wrong to sell bitcoin according to needs, especially to pay off the remaining debt, we hold it for a long time to wait for the time when bitcoin will reach ATH again.

Debt free should be the target as it relief you of alot of stress and after paying off your student loan or any other debts that you owe, you can then start saving and then reinvest in Bitcoin for future purposes. If Bitcoin increase, I'll sell and wait for the market to correct before buying again and with that I'll have profits to use for my other needs.

There's no point of me holding when I know Bitcoin dumps after it reaches a new all time high, I can always buy Bitcoin again and hold for the next bull market. I'll just wait until I noticed the market is beginning to lose some volume as signs of a bear market coming then I sell my Bitcoin for profits.

R


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April 30, 2023, 08:45:49 AM
 #107

Expecting profitable returns can be the desire of every investor in investing.
When the price reaches $70K, of course I will let it go.
Yes that is the wish of every BTC holder and wants to return high profits as long as they can, but $70k is too low for the next plus it is a little close to the previous ATH, but if you buy at a time when the price is around $20k then it is quite profitable from which are expected.
But at least I'll wait until $100K.
It doesn't matter at all if it is close to the previous ATH price. For example, the purchase price is $20K with a target selling price of, for example, $70K, for me the difference is very large and we will become billionaires in the environment where we live and girlfriends who have left us in difficult times will try to come back.
I can't imagine how any investor would feel that would sell $100K at the price you want.
Extraordinary.

From the experience of having experienced how Bitcoin reached ATH in 2021, I will return to buying when the price declines.
I think investors out there will also not hold back when the price is at its highest level because the desired amount of profit is sufficient to be fulfilled.
After ATH will definitely crash again as much as possible we have to be able to sell at high prices and when prices start to fall, be ready to buy at a lower price, because the movement of bitcoin after ATH is always like that, showing signs of a significant or even slow decline.
That's what happened in the market. Every increase there will be a decrease or known as a cycle.
Of course we are very ready to welcome it with the capital we have prepared.
Those of us who are still holding will definitely feel a new ATH ahead.

R


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May 01, 2023, 05:02:56 PM
 #108

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
As many people invest in Bitcoin, almost all people have the same idea that they will sell Bitcoin whenever it gives them a good profit. But whenever you invest in any cryptocurrency, you should always choose your target where you will sell the cryptocurrency.

In my opinion, if the price of Bitcoin goes between $80k and $90k, then Bitcoin should be sold there.Because in the cycle of more profits, many people lose their profits. Because no one has seen the full bottom and no one has seen the full top. Holding Bitcoin after this price would not be a good decision in my opinion. Always love your profit.

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May 01, 2023, 05:22:27 PM
 #109

Expecting profitable returns can be the desire of every investor in investing.
When the price reaches $70K, of course I will let it go.
From the experience of having experienced how Bitcoin reached ATH in 2021, I will return to buying when the price declines.
I think investors out there will also not hold back when the price is at its highest level because the desired amount of profit is sufficient to be fulfilled.
Nice one mate, I think am with you on this your decision. Although i have read so many thread and replies of forum members which I feel from there writing are planning to hold their btc till infinity and they don't have any of selling even if the price reaches a new ATH but I feel its only wise to sell off when the price reaches another ATH and then wait back for the bear season to fall back again so we can start gathering again ahead of another increase in price.

R


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May 01, 2023, 05:42:39 PM
 #110

Holding bitcoin for long is all about mindset, that's why we always advised people to invest an amount they can always afford to lose at every moments if on case your expectation doesn't go as planned. But moreover, there are two ways in which I have observed people target there funds in Bitcoin investment, such as time base & price base, that is, by "Time base" I mean to buy bitcoin and target to leave it for a certain time interval before selling, likewise "Price base" whereby you buy your Bitcoin and target a certain price before selling, which is very common, and what I will likely do with my Bitcoin investment.

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May 01, 2023, 05:47:18 PM
 #111

Debt free should be the target as it relief you of alot of stress and after paying off your student loan or any other debts that you owe, you can then start saving and then reinvest in Bitcoin for future purposes. If Bitcoin increase, I'll sell and wait for the market to correct before buying again and with that I'll have profits to use for my other needs.

There's no point of me holding when I know Bitcoin dumps after it reaches a new all time high, I can always buy Bitcoin again and hold for the next bull market. I'll just wait until I noticed the market is beginning to lose some volume as signs of a bear market coming then I sell my Bitcoin for profits.
Getting rid of debt is the right step, this is what will remove the burden of responsibility from us. After that, you can think about saving and investing money in some business, or bitcoin, the most important thing is not to focus all your money on one thing, since diversification can protect you, if any of your investments fail, then this will not be a disaster for you because you will have another business or investment.

Bitcoin is a good investment and its cyclicality provides good opportunities, but you need to remember that this will not always be the case, there will come a moment when everything can change and we will not see the usual sequence in its cycles.

.
.DuelbitsSPORTS.
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May 01, 2023, 07:04:13 PM
 #112

I plan to hold my Bitcoin for several years, if there is a progressive increase like the prices you mentioned then it will be used for the initial purpose of my buying the coin or any emergency funds that are needed at that particular time

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May 01, 2023, 08:03:34 PM
 #113

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

To be honest, it's quite too many to even mention it here Cheesy But let's see, if in-case bitcoin will break another record and set another ATH, I think I'll still prefer on keeping it and holding unto it because 70k or 80k is not really my goal. If I'm not mistaken, the last ATH set a price for $64.4k so $70-80k will be achievable during the next bull run or after the halving. As of now, I'm patiently waiting for that time to come and there's no need to be hasty because I know that bitcoin will explode more in the next couple of years, maybe soon enough I will start considering to sell a fraction of it if the price is right.

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May 01, 2023, 08:30:28 PM
 #114

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
It actually depends on that situation, see if we store our funds on bitcoin for some years to get some interest after passing the whole period at the end what we do with those fund is not confirmed like in this case when my strategy successfully will done then I will also goes to the same way. The main purpose is to waiting or holding is gaining profit then after receiving it the decision can be again investment with collection of profits.


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JoyMarsha
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May 01, 2023, 09:59:01 PM
 #115

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.
Are you for real? Why do you think it would be unwise to sell bitcoin? Have you forgotten that a cryptocurrency investor can sell their bitcoin assets for a profit at any time, and doing so does not make him appear foolish, but rather wise.

In case you were unaware, a lot of people have been hodling bitcoin at a low price with the intention of selling it when the bull run begins at a high price.

Everyone has access to the crypto market and can buy or sell bitcoin at any price they choose. Bitcoin is already valuable and some nations have made it legal.


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mejarm
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May 01, 2023, 10:58:19 PM
 #116

My ultimate goal in the market has been to hold bitcoin until it reaches its ATH. I'm acquiring additional bitcoins during the down market with the hopes of making enormous returns in the future. When Bitcoin reaches $80k, it will serve the project well since I will have triggered the sell option after holding out for so long. Although the bear season will have a greater impact on bringing down the price of Bitcoin, it won't just run up to $80k without fluctuations and consolidation. I won't let that stop me from being critically aware of the project.
mvdheuvel1983
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May 01, 2023, 11:19:53 PM
 #117

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
Why wait till then when you got no idea what is going to happen the next day or the day after. For me Bitcoin's price is just right to do whatever the holder wants.

Whatever I am going to do now is what I would do whenever the price increases. If I am going to buy a house then, I would buy it now by taking profit. It I am going to start a business with it, I'm already going to start doing it now. This is my own opinion though.

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Assface16678
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May 02, 2023, 02:14:07 AM
 #118

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
If this bitcoin go to 70k to 80k I think the best decision is to sell it and invest it. My goal is to be financially stable so i can't spend it to useless things. It's important to invest something not to hold in your bank account or buying some useless things, you can't get rich with that mindset and also maybe 30% for the investment %20 for daily needs and the other is for future purposes

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May 02, 2023, 02:53:01 AM
 #119

Basically I will keep holding Bitcoin if hits new all time high. My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price. Day by day it's popularity will gain also it's usecases. So who will sell it too early? I think selling Bitcoin is a fool decision if you don't need it badly. Keep Bitcoin holding and enjoy the Ride of Bitcoin. I have trust on Bitcoin and one-day it will be legalized and adopted massively then it will be very precious.
Are you for real? Why do you think it would be unwise to sell bitcoin? Have you forgotten that a cryptocurrency investor can sell their bitcoin assets for a profit at any time, and doing so does not make him appear foolish, but rather wise.

In case you were unaware, a lot of people have been hodling bitcoin at a low price with the intention of selling it when the bull run begins at a high price.

Everyone has access to the crypto market and can buy or sell bitcoin at any price they choose. Bitcoin is already valuable and some nations have made it legal.



If we can hold bitcoin for as long as possible, that's really a good thing because, in the long run, I also believe bitcoin will grow far beyond what we thought. But I also disagree with saying that selling bitcoin for profit is stupid. Don't forget what our bitcoin investment purpose is, we want to have a lot of money, want to have a better life…so selling bitcoin to fulfill our goal is a good thing to do. I would call anyone who invests in bitcoin a fool unless that person has no plan, no goal, and just holds bitcoin to death.

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May 02, 2023, 02:57:44 AM
 #120

Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

While it is a personnel decision to hold sell or take any action with your Bitcoin, which entirely depends on financial situation and goals,  but I prefer prefer to allocate  my assets in a staking pools where it can generate some satoshis on regular basis, rather than leaving an asset idle and waiting for return of bull market. There are many reliable & well established exchanges those provide staking services with attractive returns on annualized basis.









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