What will you do with bitcoin?

[Obari]

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?

Bitcoin  is not a pump  and dump project and if Bitcoin  get to 60k, and above, there are persons who will still hodl believing  it to still rise more and well if you already  have enough profit, it wouldn't  be any harm to give yourself some sort of treat 😉

Let's not try putting  Bitcoin  under any pressure of wanting it to rise suddenly  but rather let it flow and at point  you feel ok with your profit, then you can make a withdrawal and still hodl more after all the purpose of any business  is to make profits.

[1714860295]

1714860295

[YUriy1991]

Regarding the question you asked I think Bitcoin investment strategies can vary greatly depending on individual goals and risk tolerance. Some investors may choose to sell their Bitcoins when the price reaches a certain level, such as $100K, while others may prefer to hold on to their Bitcoins for the long term, regardless of short-term price fluctuations and price in this moment $27.958 and trying to break through to $31.000.

Maybe, we all  here  know the Market also plays a role in determining the strategy of Bitcoin investors. During a bull market, some investors may be inclined to sell for profits, while others may hold on for further growth. Conversely, during a bear market, some investors may see an opportunity to buy at a lower price, while others may prefer to hold on to their existing holdings. In the end, related to the above, whatever choice of strategy one chooses will really depend on each individual's circumstances and investment goals.

[laurenB7742]

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.

I don't consider it a wise decision, storing bitcoins on centralized platforms is too risky and not recommended. Don't just find a way to generate a few passive satoshis that we have to trade our entire fortune if something goes wrong, it's not worth the risk.
Don't forget the cases related to the giants lending and staking like Blockfi, Celsius... last year. The lesson is still there, hope everyone does not repeat the same mistake in the future. Everything will be reputable until it collapses and takes everyone's money.
I am not entirely against centralized exchanges but you should use them for the right purpose, not trust them too much to store your assets on them.

[Twentyonepaylots]

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.

Agreed with these since I believe it is a smart move for us to first clear ourselves with debt so that it won't be a hassle when you are allotting part of your salary to investing especially with bitcoin or another cryptocurrency. If we let ourselves first be financially stable in the sense that we have our savings accounts and debt-free situation, this could be the best time to invest. Bitcoin investment is indeed a good investment considering how it performs in the market through the years. It remains to be the strongest crypto today despite the recent fall of its price. I think this is normal to consider since it is by nature a volatile currency, but we can see that it still performs well despite this. But I know I can be wrong so just take the risk that you can really afford and make sure that it won't really affect you so hard when something goes wrong with the market and economy.

[Furious 7]

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.

I think in this case it depends on the target to be achieved.
There is actually no problem when selling bitcoins that are owned as long as our target to sell is fulfilled on the other hand while waiting again with a long enough time to buy from below.
It would be great indeed if we continued to withhold this but sell some of the profits we have to enjoy the results of what we plant I think there is no problem for that because the goal is clearly here as well apart from investment so that we have financial freedom this is also meant to support our future needs.

[johnsaributua]

The up and down is certain, of course we don't know how long it goes down or how much it goes up in a time that can be bearish every minute ..

Both positions in my opinion there are regret for each of them. Between regretting the price down or even the price of flying when sold. When the price of bearish is confused to be sad or happy. It should now be the right thing for 1 bitcoin or below. If the business soul is indeed profitable, what percentage will take profit,I think bitcoin at $ 50,000 is very good, but my lust is always wishing if ... just like the past,

[FUCKBSVFUCK]

The market is in a bull run right now, it's hard to predict what will happen in the next few months. I'm not a fan of bull run, but I do plan to do it in a short time.

[Doan9269]

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

In my own case, if bitcoin went on a bullrun today, i will first divide the entire fund into two category, first one will go back on investment while the second one will be use to make investment on other days physical assets in other for me not to put all eggs on the same basket, this is the best way i see the use of an investment for ones posterity, i will invest and keep being an investors because there will always be a sure means that we can always rely on that the price of bitcoin will last and also increases in values with time.

[Doan9269]

In my own case, if bitcoin went on a bullrun today, i will first divide the entire fund into two category, first one will go back on investment while the second one will be use to make investment on other days physical assets in other for me not to put all eggs on the same basket, this is the best way i see the use of an investment for ones posterity, i will invest and keep being an investors because there will always be a sure means that we can always rely on that the price of bitcoin will last and also increases in values with time.

Dividing your funds into two categories sounds reasonable, but what happens when the price of Bitcoin goes up so much that your first category investment barely covers your initial investment? Maybe diversifying earlier would have been a better move.

We will still result in this, that not all the investment we made will have thesame results at the same time, that's why it's called diversification as long as you're not risking out to loose the entire investment made, each onewe made has it own maturity time to yield for us good return, another sweetness in diversification is that you will still have the chance of making more earnings from one when the other isn't giving a green light, you will be left out with a choice which is the other investment you make.

[Ojima-ojo]

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.

You are very right and I like your mindset concerning your desire towards Bitcoin when the price goes up, I believe 90% of us here who have invested in Bitcoin did so with that mind set of making profits and that is why we always attempt to speculate and aggregate our profits taking mechanism inline with the price of Bitcoin at the moment and one of the things that most investors look forward is an all time high ATH.

Most of us will cash out a good portion of our Bitcoin holdings if we see a good price that offers us a high percentage of interest,  in conclusion our most desire is to cash out at a good price to make further investment decisions, because we have learned from experience and we understand the volatility in bitcoin market right from time, so if you don't DCA at ATH you will lose all the gains that come with the bitcoin price rise when the price correct back after ATH.

Because BTC price can not continue to go in one direction due to its volatile nature, the need for DCA is very important to take advantage of every bitcoin market condition

[Mate2237]

The All Time High of Bitcoin is unlimited. There is no limit of Bitcoin price. Bitcoin can even reach one million dollar ($1,000,000) or more. So one can not set a particular amount for bitcoin to reach. So the hodling of bitcoin is continues. At that stage of the $70k or $80k you are saying is not the scope of Bitcoin it will be more than that. And also the selling of Bitcoin is unpredictable because expenses can come at anytime so there are cases that one can face that will make him or her to sell and solve the problem.

[Wend]

The All Time High of Bitcoin is unlimited. There is no limit of Bitcoin price. Bitcoin can even reach one million dollar ($1,000,000) or more. So one can not set a particular amount for bitcoin to reach. So the hodling of bitcoin is continues. At that stage of the $70k or $80k you are saying is not the scope of Bitcoin it will be more than that. And also the selling of Bitcoin is unpredictable because expenses can come at anytime so there are cases that one can face that will make him or her to sell and solve the problem.

If bitcoin hits $1 million, that's its limit, any asset has a price limit, I disagree when you overstate that bitcoin price has no limit. No one knows what will happen in the future, so if someone is already profitable and wants to sell bitcoin when it hits 70k or 100k, there's nothing wrong with that.

Bitcoin price may hit $1 million, but maybe never will, who knows? So in investing, always have goals and plans. Don't be so delusional that you'll regret it later.

[Ricardo11]

Bitcoin value will exceed 80k in 2024.  2024 will see a huge increase in the value of Bitcoin. Presumably, Bitcoin will eventually become ATH. If I want to sell bitcoin I want to sell it when its price is between 75k and 80k. If you want to get a good profit from Bitcoin then you need to hold Bitcoin until 2025 because anytime in 2024 it will go up in value quite a lot. In 2024 the price of Bitcoin will cross from around 75k to 80k. You can buy some bitcoins now because it will make you very profitable later. You hold on to Bitcoin because success awaits you.

[Rockstarguy]

The All Time High of Bitcoin is unlimited. There is no limit of Bitcoin price. Bitcoin can even reach one million dollar ($1,000,000) or more. So one can not set a particular amount for bitcoin to reach. So the hodling of bitcoin is continues. At that stage of the $70k or $80k you are saying is not the scope of Bitcoin it will be more than that. And also the selling of Bitcoin is unpredictable because expenses can come at anytime so there are cases that one can face that will make him or her to sell and solve the problem.

If bitcoin hits $1 million, that's its limit, any asset has a price limit, I disagree when you overstate that bitcoin price has no limit. No one knows what will happen in the future, so if someone is already profitable and wants to sell bitcoin when it hits 70k or 100k, there's nothing wrong with that.

Bitcoin price may hit $1 million, but maybe never will, who knows? So in investing, always have goals and plans. Don't be so delusional that you'll regret it later.

The thing is that in every market bitcoin has a limit,  in the bull market bitcoin has a limit it will hit to and won't go further increasing for that moment, instead the price will be  coming down back. Same thing with the bear market it also has a limit it will drop to.

I don't think you need to hodl your bitcoin forever,  every investor have a target, if not in the present bull market it will be in the next bull market.  It is not possible to hodl Bitcoin forever because, we all need all the profits from bitcoin in the future. Bitcoin always have a limit in every market which is unknown to no one.

[Faisal2202]

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?

You raised good questions, according to 1miau, the next halving may take place in 2024. So if that's happened and BTC breaks its ATH again and sets a new one, let's say around 70l to 80k, then we should not fall prey to greed and book at least half of our profits, because in this halving we have got a really good opportunity to buy BTC at around $16k and if we could able to sell them at around $80k that would be a hell lot of profits depends on the amount we holding.

If we just become more greedy and wanted to earn more money then this will make us more wait as it could be to the next halving which according to an aforementioned thread is around 2028, and this is not confirmed even though 2024 is not confirmed too. But Crypto is all about speculations so keep better hopes. So, i hope you may have got my intentions about BTC holding, which i don't have many.

Basically I will keep holding Bitcoin if hits new all time high....

I don't think that's a good plan to hold BTC even in this halving because you may not get another chance to book profit until the next halving (2028) which I aforementioned. And we all know in every halving BTC set it ATH as well as low too, which means we may be able to grab BTC around $20k to $25k at its ATL in the next halving and could sell it around $100k to $120k ath in next having. % of atl and ath changes with the age of halving.

[Hamza2424]

So if that's happened and BTC breaks its ATH again and sets a new one, let's say around 70l to 80k, then we should not fall prey to greed and book at least half of our profits, because in this halving we have got a really good opportunity to buy BTC at around $16k and if we could able to sell them at around $80k that would be a hell lot of profits depends on the amount we holding.

Hmm, Bookin profit on the full bullish mode of the market is not a good move, let's say you are playing safe you should not instantly book 50% of profit because you never know the market's top and bottom so we are gonna play safer with my strategy of booking 15% of the total holding every week and we will book only 50% of total holding this can make a good average profit.

Also, your speculation is wrong from 2024 to 2028 because if you really missed the market top profit booking no need to worry according to historical market movement in 4 years if the market stays Bullish for the 3 years. It is not fixed that the market cycle top is on ATH you can even expect another ATH in the remaining time so with patience and  on every correction make sure to fill up the bags.

[Yatsan]

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.

It does depend on the type of idividual you are. If you would be seeking for bigger profit and you are into long term holding, it would be normal to just continue holding. But if you would be fine with the profit on that amount already, then selling would as well be fine. Some people would sell and wait for the price correction. Some would just stay away from stress and just let its price increase do the work. Some would be forced to sell halfway the increase because of circumstances or change of plans. No matter what you plan to do, that would be fine 'coz that is your money in the first place. I would preferrable sell by that time but ofcourse there would be thoughs of "what if it continue to go up, will I be able to re-enter on my target entry point?

[landheer]

The up and down is certain, of course we don't know how long it goes down or how much it goes up in a time that can be bearish every minute ..

Both positions in my opinion there are regret for each of them. Between regretting the price down or even the price of flying when sold. When the price of bearish is confused to be sad or happy. It should now be the right thing for 1 bitcoin or below. If the business soul is indeed profitable, what percentage will take profit,I think bitcoin at $ 50,000 is very good, but my lust is always wishing if ... just like the past,

we won't know the price of bitcoin in the future whether it will go up or down, because in my opinion if the price of btc has gone up high some people won't necessarily want to buy it, so in this case it will be difficult to analyze and predict.

so I really agree with what you said that indeed people who are good at doing business will take advantage of their investment even though the profit is small.
but in this case the decision is in the hands of each.

[Ataiwo913]

I'm planning to sell it at some point, not earlier than $100,000 for sure. And when it slides below that I'll buy some again.

I would like to use bitcoin as a payment method for my daily transactions, such as buying food, paying bills and other expenses. I also want to buy products from the internet and pay for them with bitcoins.

[DiMarxist]

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 , 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.

That is the reason why we are in cryptocurrency, we are in bitcoin investment, to solve our  problems, to make things great and things smooth for us and and families and friends, our love ones. And for those we can hold for long term, holding it up to their satisfaction, and to become millionaires or billionaire. And it's depends on the plan you plan for ourselves before we start to invest in bitcoin, we all know why we are in cryptocurrency, some people are here take their family out poverty and some are to  become to be a self employed to make life easier.