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Author Topic: What will you do with bitcoin?  (Read 1017 times)
Rupok
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April 25, 2023, 02:17:13 PM
 #41

The current price of Bitcoin is around 30k. If bitcoin ever reaches 70k or 80k I will decide to sell.70k and 80k huge amount which will give double profit from current price. I think it is not right to expect more than 80K profit.When the price rises, it is not wise to hold it, it is better to sell it. Then it is better to buy altcoins as an alternative investment. So there are no plans to sell bitcoins at current prices.As the possibility of Bitcoin going into a bull market is high, I would advise everyone to hold.
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April 25, 2023, 02:22:22 PM
 #42

Personally, I'm targeting a price of $100k. however, if the price has even reached $70k or $80k, I will probably sell off bit by bit to make a profit. However, it all depended on the conditions at the time. If I really need the money, I might sell a few percent of my asset, but if not, I'll probably wait for my target price. however, depending on the circumstances, if the conditions for price development occur rapidly, I may continue to hold the asset I own until I feel that an appropriate price has been reached.

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April 25, 2023, 02:35:14 PM
 #43

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?
Everyone has different investment strategies, some might choose to hold while others might choose to sell. To answer your question, first bitcoin cannot suddenly skyrocket in price to $70k or $80, it has to gradually build in price to the the above mentioned which would take some time, so I need to understand the market if I can still hodl, hoping that the price would appreciate further or sell and wait for a dip to invest again.
Kong Hey Pakboy
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April 25, 2023, 04:52:29 PM
 #44

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?
Hard to tell what will I do if Bitcoin reaches its price of $70k or $80k because there might be times, I will let my holdings in my wallet just for a few moments even if it reaches its peak because I might not need it or I don't feel yet converting it. So I might just hold my Bitcoin for a moment, or I will make a target price of it on what price should I sell it depending on its movement or its charts.

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Freddie Boyer
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April 25, 2023, 05:23:12 PM
 #45

Well, the first thing you should do when Bitcoin goes to the moon is smile  Cheesy Cheesy Cheesy, of course! what we will do with our Bitcoin investments ultimately depends on our goals. Do we want to use it for daily transactions, Hold as a long term investment or Diversify our portfolio. I think the possibilities are many and unlimited.

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April 25, 2023, 05:23:48 PM
 #46

The Joy and dividend of an investor are to get a good return on investment. The bitcoin market is a market that you cannot categorically predict the rise and the fall, but we should know when it's safe to know what to dispose or keep.
When an investment has generated a reasonable increase over a period, then it is good to dispose but if there's no use for the coin, it can be reinvested.
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April 25, 2023, 05:30:18 PM
 #47

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".

Bitcoin isn't going to the moon or sun, when it's rises the value increases and this occurs when there's bullrun, knowing that bitcoin is a volatile cryptocurrency that the price value rises and falls but many people targeted the bullrun in other for them to make profit fro their investment, you may have your own different purpose for holding bitcoin, maybe as your preferred currency or for holding your assets to retain their value or for a profitable investment either ways.

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?

Definitely one cannot keep on holding bitcoin for life, but when you invest, hodl and sell then you take your profits and return back the money on the investment, you also need to understand the right timing for buying and selling

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April 25, 2023, 05:39:03 PM
 #48

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?
Hard to tell what will I do if Bitcoin reaches its price of $70k or $80k because there might be times, I will let my holdings in my wallet just for a few moments even if it reaches its peak because I might not need it or I don't feel yet converting it. So I might just hold my Bitcoin for a moment, or I will make a target price of it on what price should I sell it depending on its movement or its charts.
What to use more money for should not be hard to tell, bitcoin will get to above $80k next year, you have to be planning for investment and what you will do with the money you make from it. My investment between now and next year on it will be around $30k, it is not small and when the money can be multiplied in 5 times, it will be good. I will buy land and fix a automobile factory that my dream has been calling for years.
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April 25, 2023, 05:46:18 PM
Merited by The Sceptical Chymist (3)
 #49

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?
That should base on my price target, $70k,$80k are not my selling plan target, infact I don't have any plans of selling my bitcoin investment very soon but I want to keep holding it for a long term at least 7years to come.if I have more funds I will keep accumulating Bitcoin even the price  is more than $80k

If you will sell it, at what price are you planning to do it?

If possible Bitcoin price clock $200k  this coming bull run I may sell some portion, and If I encounter any problem that demand of selling some portion of my Bitcoin investment to solve the problem I can sell at any price to solve the problems but I don't pray for such thing to happen. I am accumulating Bitcoin for a long term profits and my privacy.

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April 25, 2023, 06:21:15 PM
 #50

That should base on your satisfaction if Bitcoin reach $70k-$80k, if I'm satisfied by the price of bitcoin then I will sell it. And if I don't want to sell, I would be holding it until my satisfaction to sell I will sell, it's depends our goals, If
you  really need the money, you might sell a few percent of  your asset, but if not, you will probably wait for the target price. Well but it's depends the circumstances, however, depending on the circumstances, if the conditions for price development occur rapidly, you may continue to hold the asset you own, until your feel that an appropriate price has been reached.
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April 25, 2023, 06:33:39 PM
 #51

I think bitcoin  will surely hit 70k$ but we don't know when it will happen but whenever it touches 70k$ or 80k$ so I will surely sell some bitcoin because if I left overall bitcoin for further increase may be due to this greediness I loss my credit too so better is that sell some of it and then wait for the remaining for further increase.

Now we are just in wait for the huge return of bitcoin as we have heard about halving so definitely It will touches maximum price but not confirmed yet that it will be 60k$, 70k$ or some other value.



 

 

 

 

 

 


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April 25, 2023, 07:00:46 PM
 #52

That should base on your satisfaction if Bitcoin reach $70k-$80k, if I'm satisfied by the price of bitcoin then I will sell it. And if I don't want to sell, I would be holding it until my satisfaction to sell I will sell, it's depends our goals, If
you  really need the money, you might sell a few percent of  your asset, but if not, you will probably wait for the target price. Well but it's depends the circumstances, however, depending on the circumstances, if the conditions for price development occur rapidly, you may continue to hold the asset you own, until your feel that an appropriate price has been reached.
To be honest, I'll be somewhat satisfied even somewhere between $50,000 and $55,000, which isn't even too close to the previous ATH of almost $70,000. The reason for this is because I'm trying to be as modest as possible, and my DCA is at $28,000, meaning that I'm going to be doubling the current amount I'm holding, which doesn't sound too bad to me if you're asking. There's certainly room for even higher prices within the next few years, but my main concern would be how to sell and cashout such an amount of Bitcoin.

We'll see, it's still way to early to make any assumptions. Hopefully, I won't need the money and they'll remain intact.

 
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April 25, 2023, 07:46:08 PM
 #53

Ha! Sell Bitcoin? What a joke! I plan to keep stacking those sats until the cows come home! Who needs retirement savings when you've got a whole stack of digital gold?

Sure, some people might think I'm crazy for betting the farm on a decentralized, deflationary asset with no intrinsic value. But to those people, I say: "Baaa!" (That's sheep talk, in case you were wondering).

So when Bitcoin goes to the moon (or Mars, or wherever), you can bet your bottom dollar that I'll be right there with it, stacking sats and hodling tight. Who needs a Lamborghini when you can have a whole herd of digital sheep?
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April 25, 2023, 08:57:17 PM
 #54

As for me, I just gonna keep holding it because I'm not holding a huge amount of Bitcoin and I'm only buying from a small portion of my salary every month. I think when the price will reach $50k again you will see lots of people will gonna sell it because they were the ones who bought it from the $30k+ last time. If people will not gonna bother about it and still continue buying after that, then the price will not only be limited to $70-$80k but it might gonna reach another ATH and that would gonna make noise all around the world once again.

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April 25, 2023, 09:20:30 PM
 #55

If anyone’s in need of desperate money to buy their own house or pay off their loans etc., Then it would be really dumb to not sell but If you aren’t in the need of money it’s best to hold it forever as long as you can Smiley , At the same time if I personally had quite alot of Bitcoin then I wouldn’t even hesitate to sell every last bit of it and call it Quits, There’s nothing more I’d enjoy than early retirement and travelling around the world without having to work a single day in your life and have unnecessary stress.
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April 25, 2023, 09:36:51 PM
 #56

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?
From a simple calculation of Bitcoin, we can get an idea of the upward trend of Bitcoin. After 21 million bitcoins no more bitcoins will be created. As a result, the price of Bitcoin will rise as a normal phenomenon. I plan to not sell bitcoin until it reaches the $100k target and I will try to hold it longer in the hope that it will be higher than my expectation. Every person has some big dreams which need to use big resources to fulfill them. I want to use Bitcoin to make my dreams come true and those big dreams cannot be fulfilled by any other assets except Bitcoin.

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April 25, 2023, 09:50:04 PM
 #57

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 I have holdings at a specific price, I will sell 80% of my assets. Some people in this thread have stated that they will hold all their assets if the price reaches a new all-time high, which I believe is a bad idea. Logically, investors who buy roughly $60k of their crypto  are mostly still holding them and waiting for the price to go back to their buying price before they selling it off. It suggests that there are a lot of sellers at that price, which is why holding the assets at that time is not a good idea. It's better to take the small profit than none at all.
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April 25, 2023, 10:36:14 PM
 #58

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?

The answer to your question is simple, I will tell you that I often read it here in this forum. When you are long-term investors, you should know how many years you will hold it? or you should know at what price you will sell the bitcoin you hold.

     Apparently this is what is called when you have a timeframe plan for when to sell bitcoin. It's not that you just feel the movement of the market. It's hard because you don't know when you'll sell the bitcoins you hold.

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April 25, 2023, 10:45:03 PM
 #59

I 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?
Honestly, yes. I am not a very long term holder. I am waiting for the next bullish era. I am holding Bitcoin tightly and adding more accumulation to prepare for the next bullish. This is my goal target on Bitcoin.
After selling in the next bullish, well, I am just waiting for the next bearish to get more Bitcoin again 😁
If related to in what rate, I think that selling will be better in several stages. Not all in one rate, but it will probably start on $70k, then $75k and others, depending on what kind of market price at that time. I eill not be greesy anymore like previois bullishbseason by waiting for much higher rate for all in..

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April 25, 2023, 10:46:44 PM
 #60

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?
I sold my bitcoin when it was at 60k during the season when it went up to $69k. After that when the market came down to around $40k I invested again in Bitcoin. That bitcoin investment is what I left until now. If my next target bitcoin hits $100,000 in 2024 I will sell my bitcoins. But I won't let go of my investment even if I go between $70k and $80k. I will give up my bitcoins as soon as I see the halving in 2024.
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