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

[Z390]

Bitcoin can run out of fuel after reaching 100k per Bitcoin, I will be looking forward to short the market by then and making some money till we drive into the next bear market, I am positive that many investors will want more than 100k per Bitcoin, the same thing has been happening since 2018, high Bitcoin price can be so deceiving for investors that don't have the right monitoring tool for Bitcoin price action.

Since I plan to be a long-term Bitcoin holder and supporter I don't have the plan of dumping all my Bitcoin but I will surely take some profits and see what happens after, I also have many things I want to use Bitcoin to purchase and I have 2024 in mind for this.

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[ethereumhunter]

I like how people now claim that they will keep holding even when the price reaches $100k. I think that this milestone is still far away. It does not look like Bitcoin gonna reach that price during next few years. But the life could easily turn 180 degrees and people will be quick to change their mind. Right now, if a person did not go all-in when the price was $69k, $50k is a good price to sell part of holding, because we had a lot of time to increase holdings and selling part of it would be smart.

Even though it's still far away, it will be okay because I'm sure people are still willing to wait for it. They will even keep buying more bitcoins because of the opportunity to make huge profits if they can sell lots of bitcoins at the next peak price.

But it is not recommended to go all-in in buying bitcoins because there are still opportunities for the bitcoin price to experience multiple corrections. And if we can use that moment to buy at a low price, we will increasingly be able to get big profits when the price increases.

[Victorik]

Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?

[Broadanbig]

Although that price is very much distant away compared to the current price but it is still feasible and in years to come. It will only take a long term holder to actualize such dream and not a trader who does his or her trading for earns meet on daily basis. At that point in time, the profit must have been on the high side so nothing stops me from taking profit since i have long been holding.

OP you do not expect everybody to tell you what they would do or use their profit for when bitcoin finally gets to $100k but for sure you should note and expect that investors who has held for a long time would definitely withdraw or take profit from their investment when it  get to that stage.

[ringgo96]

What you are doing now is indeed very appropriate, because many investors today have stored so many bitcoins to wait until the bull run occurs, and they always exchange all the altcoins they currently have to be made into bitcoin, so many investors today are sure bitcoin can reach $100k but everything takes time and will not happen in the near future, If storing fiat currency today is certainly a mistake for me because Bitcoin will become a sultan at some point.

[LogitechMouse]

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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?

Sell.

I already have regrets on my past decisions on not selling in 2021 when the market is at it's peak. I just watched the whole market going up while I didn't made a decision at that time. Now my profits at that time just vanished, and I feel disappointed and mad at myself at that time. "A missed opportunity, but lesson learned." That's what I said to myself, and promised that I will sell a huge portion of my crypto holdings when the bull market comes.

I will still keep a portion of my holdings for the next bull run after that. I just wanted to cash out some of my profits that I got in holding cryptocurrencies. I just hope that most here will do the same. If there's a chance for you to sell, and take profit, don't miss the opportunity, and do it.

[Marvell1]

Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?

I understand what you are trying to say, and I have the same question. I see most of us wishing for bitcoin to rise in price as quickly and as high as possible. But my question to those people is, how much profit will they get when bitcoin hits $100k? I mean, did they hold 1 bitcoin or 10 bitcoin? Because if someone holds too little bitcoin, the price increase won't do any good either.

For me, I would focus on accumulation rather than having to test the price and hope for a price increase every day. I believe bitcoin and ATH price hikes are inevitable, getting there is only a matter of time. And our task is when bitcoin hits 100k $, how many bitcoins will we have? That's what we should be more concerned about.

[MoonOfLife]

I'm waiting for that day to come, so when bitcoin hits $100k, I'll sell everything that I've accumulated and held for almost 2 years. Then I will repeat what I am doing, keep accumulating bitcoins when bear season breaks everything, and I expect it to crash more severely to get bitcoins as cheaply as possible.

[Rigon]

Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?

I am not a big investor, I am a small investor. But I always pray that bitcoin goes from $100k to $150k very soon. Although our investment portfolio will not grow much if the prices rise, I always pray that the market will rise. Even if I don't make much profit there are many investors here who will make substantial profit. On the other hand, if the market moves to a better position, we will definitely have a better time in this Bitcoin forum. Any project will have 100% chance of success if Bitcoin is in good standing.  Everyone is happy when the market is good. So I never think about my return on investment. I always think that the market should make good positions very quickly.

[Road21Bitcoin]

Realistically speaking, sell it when Bitcoin reaches $100k, maybe not all but might as well profit from it while I still can. Time, effort, and money have been poured onto Bitcoin, I was there when it was below $100, and I'm still here when it is so much more than when it started - I have been waiting and holding patiently for years. So, if ever it does reach $100k, a life-changing and life-altering amount of money, I will sell what I can and hold what is left because ultimately that is what Bitcoin is - money. And what is money but a thing to be used and spent, to purchase things that will help and improve your life, and even the lives of others?

[Halime Anatolia]

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?

Okay, the cryptocurrency market is known for its volatility BTC and the price of Bitcoin can fluctuate a lot in a short period of time and have an impact on other altcoins. Aren't you worried that prices could fall as fast as they have risen?

[yudi09]

$100k a big price milestone is likely to be reached on the next ATH. An optimistic attitude towards the price achievement at the next ATH motivates those of us who are still holding on and still trying to add to our numbers before then. When that milestone comes with a price above $63k or below $100k, I will let go but not 100%.

No amount of speculation can tell when that time will come. Therefore, make Bitcoin a long-term investment with a good plan and strategy because storing Bitcoin for a long time will not reduce its value.

We probably need another ATH before we can call it $100k prediction. 64k was like our last ATH and that was like couple of years ago already. In the meantime, I would do a bit of long-term hodling but still selling at the same time whenever I need to.

Yes. $64K Price of ATH 2021 and can only be called the next ATH if the price to be achieved over that price. $100K is still the most possible price for the new ATH.
I hope that similar desires will also happen to happen and I might release part when the price of Bitcoin reaches $64K because the target has been achieved. I will prepare the rest to sell at the price above.

I won't bring the money to the grave anyway.

Do as you wish for your money and use it on things that bring happiness because it's useless to waste time for things that are not useful.

[posi]

Whether btc becomes $100k or $150k today, some person holding BTC may not enjoy much profit. Imagine someone holding just 10$ worth of BTC, if the price becomes 100k, how much profit do you think you will make?

I am not a big investor, I am a small investor. But I always pray that bitcoin goes from $100k to $150k very soon. Although our investment portfolio will not grow much if the prices rise, I always pray that the market will rise. Even if I don't make much profit there are many investors here who will make substantial profit. On the other hand, if the market moves to a better position, we will definitely have a better time in this Bitcoin forum. Any project will have 100% chance of success if Bitcoin is in good standing.  Everyone is happy when the market is good. So I never think about my return on investment. I always think that the market should make good positions very quickly.

This is the first time I have heard someone say that they invest but never care about the returns they get. No offense, but I really doubt what you say. Earning money is getting harder than ever, and people are participating in signature campaigns to earn every satoshi, and it's weird when you say you're not too concerned about your return on investment.

Moreover, this is the financial market, how will everyone be happy? I mean, when the market is good, bitcoin hits $100k, and you take profit means someone is buying your bitcoin for $100k. You're taking their money through the market, so it can't be said that the green market means everyone wins.

[Mauser]

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 agree with you, a bitcoin price off 100k or 150k USD is definitely possible during the next big bull run. I am not sure about the timing though, if it's really going to take 5 years for bitcoin to reach such levels. In my opinion it could happen a lot sooner and we should be more optimistic after the halving next year. Also it's good to have a plan in place what to do with your coins once we reach certain levels. At 100k USD I am not going to sell any of my coins, at 150-200k USD I would consider taking profit in 30% of my bitcoins. The rest I am going to hold even longer. In the past I made the mistake of selling all my bitcoins at once, only to regret my decisions a few months after. After that I told myself to never sell all my coins, it's better to only sell fractions. Because nobody knows how high bitcoins are actually going to rise. 

[mich]

Well it is nice to think about Bitcoin with a price of $100k. But even though I am 'bullish' I do not think this is going to happen for a few more years. Maybe I am wrong about this and I hope I am but at current rate it will not happen this year and probably next year after halving at soonest.
Bitcoin is my only long-term investment that I have. I am really hoping it will bring major profits since I have been hodling for long time now. I will sell some at 100k to be able to buy my first house or even buy a new car I always wanted.
Since Bitcoin is not a short-term or turnaround investment, and ideally don’t want to sell your Bitcoin but rather buy the dip. And watch over time with patience, you will be happy that you hold on and didn’t sell your Bitcoin.

[Godday]

I am a Businessman. The first thing I did when BTC hit $100k was take my capital back and enjoy a bit of profit. I believe effort must be paid in full. I currently have some BTC in my wallet. But I only enjoy a little profit and have not taken my investment capital at all.

Of course I will divide my BTC into several altcoins if it really reaches 100k dollars. Because I am a trader and a speculator so it is certain that I will enjoy my gambling with altcoins. That will only happen if I really have earned 100k dollars in 1 BTC 

[spiker777]

Well it is nice to think about Bitcoin with a price of $100k. But even though I am 'bullish' I do not think this is going to happen for a few more years. Maybe I am wrong about this and I hope I am but at current rate it will not happen this year and probably next year after halving at soonest.

you are right. by the look of the current market, I also don't see bitcoin going to $100k anytime soon. but one thing is clear. it'll definitely reach to $100k. sooner or later. but it will. also, the crypto is so fast. one day it is down and the second day it is rising. so we can never know what happens next. who knows maybe a big price pump come and bitcoin reaches to $100k milestone next month. hahaha. sounds unrealistic but anything is possible.
since I don't have any bitcoin so if that happens that won't be useful for me. so I really want bitcoin to be stable for sometime so we get more and more time to accumulate some.

[ancafe]

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 much better than still holding altcoins in the long term, I suggest starting to convert to bitcoin soon, because we see the halving also getting closer for next year.

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

Don't care too much about prices and let market conditions and cycles that govern the bitcoin process go according to the price you mentioned, if your intention is still only a plan and haven't made an approach to investing then there's no point in touching that price because you don't profit from bitcoin when it hits next ATH.

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 depends on the person, but in my opinion, it's better to sell first and then reinvest, because to be honest, the purpose of investing is to make a profit and increase your income level for the better. When the price has touched that high, what other steps do you want to take, isn't selling something that you want to do? There are several things that need to be done when making profits in bitcoin, for example building a house, paying for children's education and preparing a little provision for old age.

This is important to do because you won't take your wealth with you when you die, so hurry up with something important and take steps to create a more financially independent life.

[leeboy]

100k is perfectly good price target to take some profits as for me

[Bananington]

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?

At $100k, although my plans may change with time, I will sell some off from the profit I have made from keeping my bitcoins till then and invest it in another thing that has good prospects. It has long been my wish to have many investments so I do not get affected totally if one is not going as planned. So at $100k, I could start a business or buy a property from some of the profit I have made or even do another thing that I will discover before then. After that, I will continue in my DCA strategy and wait for the next bull run. Plans are easy to make, but difficult to achieve.