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Author Topic: Bitcoin - what is your plan when we reach $100k?  (Read 757 times)
hd49728
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May 03, 2023, 02:00:09 PM
 #21

I'll sell some to enjoy the profit, but I won't sell all unless I have to, and I'd generally keep holding.
Me too. We all need to rebalance our portfolio sometimes and if a price increases a lot, it's not too bad to cash out partially and have more cash in our portfolio. In a bear market, I can have more than 90% of my capital in Bitcoin but in bull market, I will cash it out more to increase my cash.

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My approach to Bitcoin is an approach to it largely as savings: they're out there for when they might come in handy, I sell some occasionally when I need to or when the price is better, and I know I'll need some in the near future. The overall approach doesn't change for me in the bull or bear market, so I'm generally calm about that. I just find Bitcoin a better currency for savings than fiat is because fiat can and does suffer a lot from inflation, whereas Bitcoin seems to grow over time.
Long run, Bitcoin is very good for saving and if we can hold it till next 3 to 4 halvings, till 2032 or 2036, I believe that the profit we will get should be massive. My dream is till next 10 years, I will have 1 BTC in my portfolio but I don't only hope but actually work and accumulate more BTC with time.

Like accumulating 0.1 BTC every year and next 10 years, I will have 1 BTC for my portfolio.

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May 03, 2023, 02:09:24 PM
 #22

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
I will sell my bitcoins when the bitcoin market reaches $100k. Even if my investment is above $40k, if the market reaches $100k then I will sell it immediately. I will sell it and keep it in USDT, then the market will definitely go down, if the market goes down, I will invest in Bitcoin again. But I will never wait until 2028/2029. In the meantime, the market will show a lot of volatility. If the market shows a lot of volatility, I will not wait so long to invest there and take frequent profits. I don't accept your idea at all because your waiting from 2028 to 2029 would be completely foolish of you.
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May 03, 2023, 02:15:42 PM
 #23

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.
That's a good accumulation, every profit you get from wherever you have to put it, getting bitcoin is much better, of course, for the long term, I also don't have that many bitcoins, but I always set aside BTC so that this accumulation continues according to the desired target. , but with the hold plan 2028/29 it is a long time to maybe reach 1 BTC in the future.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.
Just be optimistic that this will happen if Bitcoin can bullrun again, maybe this halving will come later and wait a while, we will expect a bullrun to come after that event.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
The decision is on them $100k is a high point, but it would be much better to hold off until 2028/29 in case the price could exceed $250k later this is just my expectation.

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benalexis12
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May 03, 2023, 02:18:07 PM
 #24

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?

If for example I have 1 bitcoin holdings in my wallet for sure when I make 100k$ each I will sell 50% then I will hold the remaining until the bull run comes again. So now in reality it seems that I can only save around 0.04-0.05btc because I'm not a wealthy person to buy such a large amount of bitcoin at this time, unless I have holdings that suddenly increase in value. yet.

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May 03, 2023, 02:22:36 PM
 #25

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
100k.$ is a very achievable price for bitcoin during the next bull run (at least).

Should wait for these btc values, and only then act: to sell or not to sell will be seen from the current situation.

Why are you talking about storage only up to the 28/29 years? Nothing stops from holding 5, 10 or 15 years, right?


~snip

To be honest, I never greed for money. So I don’t have exactly any solid plan if this milestone is reached by Bitcoins. I know Bitcoins have capabilities, and these are limited in numbers, so no matter what’s the price of the coin is, i try to accumulate as many coins as i can and store it. I only sell the coins when I am in need of urgent money, if we exclude this reason, then I never touched the Bitcoins at any price point. So yes i will follow this procedure if Bitcoins reach 100k usd also. Eager to see what other people have opinion on this.
I agree, don't need to be greedy for money - need to be greedy for bitcoin. Smiley

I also don't have any clear plan and find it difficult to answer how I would act if btc reaches 100k.$ or higher tomorrow.

If you sell bitcoin at 100k.$ and get cash, wouldn't it be risky to keep money? Given the way inflation is accelerating and the prophecies of the coming economic crisis, these actions may turn out to be very disadvantageous. Maybe save BTC as the best way to save?

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May 03, 2023, 02:45:13 PM
 #26

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
If this price is reached during the bull run in the coming year, which is between 2024-2025, I will sell it, because it would be a shame to miss it. But I'm not going to sell all the bitcoins, maybe only half of them. I will save the other half until the next bull run, because if bitcoin is sold as a whole, I'm afraid all the money will be used up and I can no longer buy bitcoin when the price drops slightly. So if bitcoin reaches a price of $100k in the 2024 bull run, I will sell half the bitcoins I own. Because if you don't sell it at all, I don't think it's the right move, because if there is an opportunity to take advantage, why should it be delayed. And in essence, don't be too greedy in investing.

But if the upcoming bull run in bitcoin price doesn't reach $100k, I will hold it and will wait until the next bull run in 2028.

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May 03, 2023, 02:53:35 PM
 #27

~snip~
Long run, Bitcoin is very good for saving and if we can hold it till next 3 to 4 halvings, till 2032 or 2036, I believe that the profit we will get should be massive. My dream is till next 10 years, I will have 1 BTC in my portfolio but I don't only hope but actually work and accumulate more BTC with time.

I, like many others, can say that Bitcoin has so far proven to be an excellent way of storing value in the long term, because what else can you conclude if you invested a few hundred $ 6-7 years ago, and today that investment is only worth a little less than $30 000. However, can we expect that someone who invests in BTC today will profit to the same extent in 5+ years? Of course, I am talking about the fact that it is not realistic to expect a price increase of x50 or even x100.

Inflation should also be taken into account, which means that what you can buy today for $100k, you certainly won't be able to buy in 10 years. Life will become more and more expensive, that is something that should not be doubted.

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May 03, 2023, 03:02:43 PM
 #28

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
My ambitious is now different  And having learned from past mistakes, I am now thinking about a little more long term investment. Based on 32 fintech and expert opinions, the price of bitcoin is expected to exceed 200k by 2030, so I am looking for a bigger range with dca management now from previous regrets for holdings where I will not sell my holdings of bitcoins at 100k. So in my case if bitcoin touches 100k the decision will be to maintain holding.


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May 03, 2023, 03:04:11 PM
 #29

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
It's unknown and we'll know what we'll exactly do when we're already there. But for now, I guess my plans are just to take some profits and buy some other decent investments to expand my assets and portfolio. Yeah, no extravagant things but more on keeping my wealth through expanded investments so that it will generate me more passive income. That's what I'm planning to do but I don't know if I'll follow that rightaway whenever we see bitcoin goes $100k and even more. All are talk until we take actions and the do the right thing to do with our profits. But for sure, many are going to take on vacation and buy those fancy things that they've been dreaming of and that's totally fine.

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May 03, 2023, 05:49:07 PM
 #30

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
100k is a great level, if we reach it in this bull market, then I will start taking profits. I think that perhaps the price can go higher, but I will not have high hopes for this. All the same, it becomes more expensive every time, and the higher the price, the more difficult it will be to show a big increase.

As I understand it, you will not sell and will wait for bull run by 2029, how do you justify your decision? I didn't take profits on the last bull run, and I see that it was not a very good decision, as it could give me more opportunities now.

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May 03, 2023, 06:12:58 PM
 #31

It definitely gonna be an exciting moment for me and other Bitcoin enthusiast to see Bitcoin reach the price of $100k. $100k was almost everyone's price expectation in the last Bull run, however we managed to reach $69k which was also a fair price. To create a new ATH, Bitcoin needs to break the $69k level, where a lot of people expectation on BTC would be seeing Bitcoin make a smart run to $100k. I have a dream house I want to build, and I do think as at that price "$100k", my portfolio would have gotten a nice increase, Which will be the right to start cashing out my first 30% profit towards achieving that goal.

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May 03, 2023, 08:41:18 PM
 #32

Inflation should also be taken into account, which means that what you can buy today for $100k, you certainly won't be able to buy in 10 years. Life will become more and more expensive, that is something that should not be doubted.
While inflation is a reality, there are always alternative options available for us to choose based on our budget. It is also important to take advantage of investing since we never know when we may be able to enjoy the fruits of our labor. Living a healthy lifestyle with a modest income and being able to indulge in delicious foods such as meat is far more satisfying than having a large savings but being unable to enjoy meat due to health concerns.

As for addressing the rise of BTC prices to $100k, I will take some of the profits as a gift to myself. The remaining investment will be continued in order to achieve additional profits, of course, in BTC.
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May 03, 2023, 09:14:43 PM
 #33

There's is nothing bad to dream because that's all a believer needs and soon bitcoin will hit or supercede the $100k price mark. That's a good plan you got there OP... Waiting to cash in on your altcoins during the bullrun and reinvesting it in bitcoin. But I have one question for you... Are you reinvesting the funds immediately in Bitcoin or would you wait for the market to take a dive before getting in?

During the bull season, Bitcoin price would also be high, so taking profits from your altcoins to buy bitcoin at time is note advisable. I guess you have to sell and wait for the bear season before investing in bitcoin against 2028. If you want to go by this, anything can happen to your funds as you can lose it or spend it before that time. I would suggest you sell your altcoins now, invest in BTC and hodl.

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May 03, 2023, 09:53:52 PM
 #34

When Bitcoin soars to $100k, nope, I ain't sellin'. I won't even give the price a glance - I'm just gonna strap my phone to the ceiling and let it chill for a few years.

Why, you may wonder? Because I'm all about Bitcoin's long-haul potential, and I know the short-term wobbles are just minor speed bumps.

Sure, there will be times when the price dives and FUD rears its ugly head. But deep down, I know I'm backing something with world-changing mojo.

So when we reach that magical six-figure zone, I'll be HODLing like there's no tomorrow. Maybe I'll even punch the early retirement ticket and enjoy margaritas on a dreamy beach.

But even if that's a no-go, I'm stoked about investing in something truly meaningful. And to me, that's way more baller than any Lambo or fancy wrist candy.
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May 03, 2023, 11:59:13 PM
 #35

I do not have much Bitcoin currently but I am planning to convert a lot of the profits I make in my altcoins during the bull run into BTC which I will then hold till the 2028/29 bull run.

I expect Bitcoin to reach at least $100k at the peak of the next bull run, possibly $150k.

Just wondering what we are all planning to do when Bitcoin does reach $100k - are you selling or are you holding till the 2028/29 bull run?
When price hits up $100k then for sure you would really be considering on selling out some parts of your holdings specially if you are that someone who do able to get in on $15k price dip that we do have recently on which it would really be just normal that after a long time then it wont really be that bad to snip up some profits and its no ones business would really be stopping you on doing that.
Reaching out $100k is something that we would really be that hoping on this upcoming bull run whether it would be happening on this upcoming cycle or would really be happening into the next one.
There's no way on knowing on what it would looks like. Thing here is that you do know on when to take profits if you do see gains but of course holding up for long
term isnt really that something bad for us to do so.

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May 04, 2023, 12:07:39 AM
 #36

I don't care about $100k, next bull run should get well past that. I'm hoping to sell some of my Bitcoin at $150k this cycle, DCA back in on the crash maybe once it drops under $90k, I'm assuming it'll drop to like $60k - $70k at the bottom of the next bear market.

As for the rest of my Bitcoin most of that is in long term storage for decades.
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May 04, 2023, 12:09:45 AM
 #37

There a lot of plans running in my mind if Bitcoin would reach that price i would definitely take some profits. Then i will wait again for the price to go down and reinvest it. On the other hand i would use the other profits in putting up a personal business that can be source of other income and I can give work to the people who needs it. I would also invest in real estate, gold and other investments. I would also help my family financially and i will give some to the people who are in need.

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May 04, 2023, 12:54:30 AM
 #38

Holding is the safest move in cryptocurrency as it could save one from unnecessary losses and as such it seems like the smartest move to me. The likes of trading and selling IDOs requires one to have more knowledge about crypto and Also to been informed about its happenings every time and this is usually hard for someone new in bitcoin. Whereas holding is just buying low or through DCA method and leaving them off in a secure wallet till they hit the profit target.
True. Someone might have sold 1,000 or more BTC when Bitcoin reached $300. Perhaps they never bought back 1,000 BTC. Maybe they bought back 500 BTC when the price was at $1,000.

The final winner will be the individual that holds 1,000 BTC till it hits $1 million or more.
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May 04, 2023, 01:29:42 AM
 #39

I hope that the price of BTC in the next BUL RUN will be more than $ 100k and if the price of BTC is $ 100k I will not sell it unless the price of BTC breaks $ 120k then I will sell it but I will not sell it all and I will only sell a small portion.
and of course I will enjoy the results of my investment in btc. and i will go back to buy btc from bottom price.

hopefully we get profit from our investment.

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May 04, 2023, 01:41:39 AM
 #40

I don't sure with all expected Bitcoin reach $100k, current price under $30k and not stable some time down drastically and seems need waiting for three or five years later for Bitcoin reach to higher price.  Indeed have on all time high price above $65k seems Bitcoin can't make any new all time high again almost two years after reaching most higher price, bitcoin drop drastically under $20k.

I want to see Bitcoin stable above $40k or $50k and opportunity looking for altcoin stable on higher price again, I am not bitcoin holder and prefer for investing in Bitcoin and huge expected one day later altcoin back to higher price again.

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