Bitcoin - what is your plan when we reach $100k?

[hd49728]

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.

If Bitcoin continues its habit to create a new all time high after a Bitcoin block reward halving, it will make a new all time high after 2024 halving. With that halving, it will have to reclaim its current all time high $69k before making its new all time high.

From $69k to $100k, it is about 50% growth that is possible in my opinion. I don't know about higher price like $150k or $200k for 2024 - 2025 bull run but $100k is very likely to be touched in 2024 and 2025.

My advice is if you are new in Bitcoin investment, you should think of holding your bitcoins more than 5 years. Why 5 years, not less?
Because each cycle of Bitcoin market is 4 year which is based on its halving cycle (every 210,000 blocks). With 5 years, you will be able to experience two Bitcoin halvings and two big bull runs.

See https://hodl.camp/

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[bitzizzix]

This question is the same as when the bitcoin price is below 20k, and when the bitcoin price reaches 20k you will sell it, and when the price has passed 20k there is another question whether you will sell it when the bitcoin price reaches 50k. And all the price has passed and it will be a new question, are you going to sell your bitcoins when you reach 100K, or that is your target.
and my answer is, everyone is never happy with bitcoin price when taking new ATH, because sometimes things don't go according to plan. And the best option is never to target a price for you to sell because the price of bitcoin will continue to rise.
That is, going aimlessly and doing it for the long term is a very good and more profitable option. And when the bitcoin price reaches a new ATH this is an opportunity to take good profits, but still buy back when the bitcoin price drops again within your means as this is the best discounted opportunity to continue to collect it and profit again when it reaches the price again.

and think carefully if you sell everything when you hit the target and when the bitcoin price goes up to the next target and so on, will you be able to buy it back because the price is already so high. And I think it's best to have bitcoin as a long term asset and you only take profit when it reaches a new price, and you can also sell it if you really need it and sell it as needed.
owning bitcoins indefinitely is the best option because in the long run we still need them and save them for a much more useful and profitable future.

[ItsCrafty]

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.

Investing in altcoins is not bad but you have to select coins which has some potential to grow. Altcoins posses some sort of risk and you cannot hold for long term. buying btc is good decision and i advised to make ta make target for altcoins sell and when you get then don't he greedy for more profit and convert into btc.

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

We cannot say anything about this because anything is possible in crypto. we can see 1 million price as analyzed by some some crypto youtuber and also possibility of 10k if regulations done. [/quote]

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 it reach 100k my Fund will be 4x because i took entry when btc was 25k. i will sell half to book profit and will easy. if btc rise it will be bonus for me because i would hold half if its down i will make entry form lower point.

[Don Pedro Dinero]

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?

Both, actually. As I assume that the following cycles will be similar, I will try to take advantage of the bull market to sell and when the price falls to continue accumulating.

I am pretty sure that the price will pass $100K after the next halving and I think I will wait until it is at $100K or more to sell some of it. Then we will have to see how far the price goes and how far it goes down when we go back to a bear market to continue accumulating.

To last two cycles without selling anything you have to have a lot of patience.

[Litzki1990]

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.

2018/29 means you have planned a long-term hold. Now we are in the middle of 2023. By the middle of 2023, Bitcoin's core is in the $29K range. The value of Bitcoin may change a lot more in these five to six years. If you can work according to the plan that you have made then you will undoubtedly gain a lot from Bitcoin.

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

Now everyone's expectation is to see the price of Bitcoin at $100K. Many articles have already been published about Bitcoin reaching $100K. They expect Bitcoin's price to reach such a level in late 2023 or mid-24.

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 amount of btc I have is the amount of btc I want to hold until the bitcoin price reaches $100K. I don't know if I can but I will try my best. After the price of Bitcoin reaches $100K, I will decide again whether to sell my Bitcoins or hold them for a longer period of time.

[Sayeds56]

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 would refrain from selling my Bitcoin even at $100,000, unless I am in dire need of cash to meet any unanticipated emergency. this is because I have strong conviction regarding potential of Bitcoin to go much beyond  the $100,000 mark in the next bull run which is likely to occur after the halving event in 2024. The current trend of rising inflation and consistent collapse of Banks are good enough reasons to push Bitcoin price upwards.

[Stella Mese]

I will sell all my Bitcoin, many people's expectation now is that Bitcoin will hit 100k or even more but I don't believe that, things can take a turn at 90k or a bit more then turn around, when your profit is good enough you should start taking and securing some because this is a game of 'you might never know', so all you have to do is start taking profit, the price target some people had was why they failed to take any profit in 2021 and they end up riding the bear market again and some took profit when things are looking too late already.

If you sell your Bitcoin in a bull market it's for the greater good, because you can buy back with the profit you made when the bears take control of the market, imagine selling my Bitcoin at 94k and buying back at 25k in the future bear market, you will get a higher number of BTC back.

yes, your explanation makes sense too, and indeed in terms of selling btc we also have to be smart in managing sales strategies when the price of btc has flown high.
And indeed, if we are not good at managing sales strategies, we have the potential to  fail to make a profit.

but in this case people's views are always different, and market movements will of course be difficult to predict.

[Kakmakr]

I am not sure if we are going to see a huge bull run to $100k in the near future. The world has changed a lot since Covid and the war between the Ukrainians and Russia. The global economy are struggling and the investment patterns has changed to adopt to an economy that goes into hibernation. (People are seeing save havens)

The Bitcoin volatility is not something that are attractive to institutional investors, so we are not going to see large amounts of institutional investors, investing in Bitcoin. 

If it does go to $100.... I will take 50% of my coins and sell it to take some profits. 

[michellee]

Of course, sell it at that price. But the question is when will bitcoin price really get a bull run and increase to $100K? If it happens this year or next, it will surely be very happy for everyone, especially for those who are already stuck buying bitcoin at $50k and above. They would have sold it straight away, been out of the market for a while, and waited for a deep drop.

But don't be surprised if some people still hold their bitcoins and do not sell them at $100k because they have a higher target sell price. And we have to be more patient in waiting for the price to break $100k and not be pessimistic and say that it's just waiting in vain. And if the next bull run happens in 2028/2029, that's also okay because we are given longer to accumulate bitcoins.

So we better prepare ourselves by having lots of bitcoins before the price starts moving up and increasing when we are not monitoring the market.

[rojan]

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.

I think you have done what you planned. If you can implement it properly, you will be successful.  If you can keep working hard behind it, you will be able to implement it very soon.  If you invest again when the market conditions are bad, then you can get profit from it again. If you can invest like this, you can get good quality profit. But we have to invest in something good besides Bitcoin.

[camiilla]

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 the better price in bull market. So, i will sell maximum quantity and enjoy my profit. keep the rest of quantity for expected $150k . If i sell them as i planed , then i will wait for down market for buy more . I also invest my profit in many wayes. After all , I want to sell them in high price and waited for low market price to buy.   

[John Abraham]

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

I don't expect much because I don't buy Bitcoin. I earn in Bitcoin. So, Whatever amount I am holding, I accumulated it like DCA. If we don't enter the bull run, I will accumulate more Satoshi. I won't be disappointed if we don't see the bull run soon because this will give me more time to accumulate more Satoshies at a Cheap price. We may see the next bull run after the next halving. I will be surprised if we see a bull run earlier than the next halving.

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 a portion of my Bitcoin to get some profits and buy back once the market goes down again. I won't sell all of them because we don't know when you will go down again, or we might never go down that much. We may see a higher price than we are expecting now. I don't know how much you guys are expecting. But, My expectation is not more than 100K for 2024. Because higher expectation makes you disappointed very often. So, I want to tell myself don't expect too much. If you get more than your expectations, you will always be happy with what you have.

[Bitcoin_people]

We all know how promising the future of Bitcoin is. Especially those who are related to the crypto world must have a special idea about Bitcoin. There is no doubt that Bitcoin will reach $100,000. We have seen where Bitcoin was a century ago to understand where the market is today. Bitcoin market has been bullish bit by bit since early 2023. The Bitcoin market was heavily blamed for Bitcoin's worst slump of the year. However, in 2023, the market started to grow again, when the Bitcoin market value touched a maximum of $69k, everyone was shocked to see it. But Bitcoin didn't stay in the same position for long as it once again turned into a bear market. But currently various experts have analyzed that the Bitcoin market will pump a lot again in the current position. And 2024 Bitcoin market is likely to be pumped to the max and Bitcoin price will surely touch $100K.

When the bitcoin market reaches $100k I will sell the bitcoins I had invested. I will sell 75% - 80% of the bitcoins I hold instead of selling all the bitcoins I hold and delete all the bitcoins I invest in later. And leave the rest and the bitcoin market is not in the same state it will be dumping again and again that is the religion of cryptocurrency. and when the bitcoin market goes back into a bear market, I will invest in bitcoin again and hold for the long term.

[JamesDaniel90]

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.

What I meant was I will not cash out my profits.
I plan to take my profits from BTC once we reach around $100k and hold in a stable coin to then buy back once we drop back down to $30k or so in the next bear market.

[Josefjix]

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.

Everyone has different personal ambitions to reach in the market. Bitcoin's bull run to $100k is one of the positive indications that every trader hopes to see. I have personal plans to curb certain outstanding budgets on my book; it is critical that we begin to expand from what we have into something more vital, more like an investment. Opening a grocery shop and selling top-brand phones in retailers will also help my company grow. There is no time to squander; we should use the time we have to convert our earnings into something practical, so that we are not solely reliant on Bitcoin for our daily bread.. .

[LFC_Bitcoin]

OP, you have a smart strategy. I also think that we will see at least $100,000 in 2024 or 2025, I actually think the next cycle will top out at $180,000 or something like that. I feel like we were cheated out of a parabolic run in the last cycle due to COVID & the China ban.

I will start selling some after maybe $80,000 or something like that. I’ll sell in increments on the way up. I will buy some more real estate & keep a bunch of fiat in the bank to buy back during the next bear market. I won’t sell any more than 25% of my stash.

[cydrix]

I will choose a few of my holdings, sell them, and take my profit at that $100k per BTC. As a member here pointed out, $100k might be the ATH for the moment, but it's not the limit for the rest of time. Therefore, in order for me to avoid falling completely behind, I will sell off a few of my holdings, keep some of it, and wait for some other higher mover, so that I can sell more again.
There is nothing I really need those funds for right now other than using them to bag as much BTC as I can even if it takes for me to be buying and selling, so if it happens that the price will drop first before it eventually goes back to the top, that gap between when the price will drop and when it will go back up, that's another great opportunity for me to use my accumulated profit and bag more for myself.

[Ale88]

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 per single bitcoin is a very important psychological level because of the 6 digits for the first time ever. Probably many people will start selling as soon as we approach $90-95k, I would be very surprised to see bitcoin simply jump beyond $100k at the first attempt. And to be honest I have no idea what to do, there still is a lot of time to decide (because I don't think will ever see the $100k this year).

[bakasabo]

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 per single bitcoin is a very important psychological level because of the 6 digits for the first time ever. Probably many people will start selling as soon as we approach $90-95k, I would be very surprised to see bitcoin simply jump beyond $100k at the first attempt. And to be honest I have no idea what to do, there still is a lot of time to decide (because I don't think will ever see the $100k this year).

Good point. It might happen, that when the price would be close to $100k, the start of mass sales will trigger Bitcoin price to go down. Not a panic, but people will try to lower price to grab more as cheap as possible. It might trigger the price to bounce back from $100k, which means it will be extremely difficult to reach it.

Personally, I think I am gonna sell bigger part of my holding when we rich current ATH and wait for another cycle, when price significantly drops. With fiat funds, I plan to reinvest in something innovative, as I think that we gonna have «something» that will be like Bitcoin, something that will increase its value in years, some kind of a new investing asset.

[crypticj]

I'll just keep holding lol. 100k is not that much, to be honest. Bitcoin will be much much more expensive in the next 10-15 years.

I think withdrawing bitcoin at 100k is like withdrawing it at 100$ in 2013. So I won't make this mistake.