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

[serjent05]

I will keep on replenishing, I had been earning and paying with Bitcoins.  Almost all my expenditures are paid from my Bitcoin earnings like bills, monthly dues and even items I wanted to buy online as long as there is an option to pay in Bitcoin.  Since I give my job earnings to my parents which is used for budgets and their needs, I often end up with the earnings I get in BTC.  Aside from that, I do think that $100k  is still low to get off the Bitcoin market so just as I stated, I will keep on replenishing my Bitcoin stash.

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[macson]

snip

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.

but what happens if it turns out that the Bitcoin price doesn't go down anymore, isn't your plan a failure?

whatever you have it is your right to sell or not.  but I only suggest taking your profit gradually, don't be in a hurry, you might be too late or too fast, everything needs good planning.

[GreatArkansas]

It would be best to take the big profits that can be made at that time if you are a trader, and let some of it help you wait for the next bull run. You can use your profits to buy some if there is a bearish.

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)

This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.

[Antonas1]

~snip~

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)

This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.

Agreed. Take profit or sell most of it depending on how much BTC we have. For me it's simple, if it's not possible to sell some, I'll sell all then wait for the right time to buy back.

[Fesatmas]

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?

Of course this will be confusion when you hold Altcoin, you will be very risky, I am only afraid that you are too hopeful to be structured by the Altcoin that you hold at this time can benefit according to you, but the reality is finally talking about another, and you may suffer losses to Altcoin what you hold today. Hopefully it doesn't happen to you friend.

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)

This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.

Agreed. Take profit or sell most of it depending on how much BTC we have. For me it's simple, if it's not possible to sell some, I'll sell all then wait for the right time to buy back.

I like these realistic words, and that is true and also needs to be done, at least by taking advantage when we feel profitable, we will buy it back with a number of more bitcoin on the price on the next market market, that's a good strategy, but for I personally do not know how strong and patient in doing that.

[Inwestour]

I will keep on replenishing, I had been earning and paying with Bitcoins.  Almost all my expenditures are paid from my Bitcoin earnings like bills, monthly dues and even items I wanted to buy online as long as there is an option to pay in Bitcoin.  Since I give my job earnings to my parents which is used for budgets and their needs, I often end up with the earnings I get in BTC.  Aside from that, I do think that $100k  is still low to get off the Bitcoin market so just as I stated, I will keep on replenishing my Bitcoin stash.

100k this may be a value that will be near new ATH, since the fall and possibly increase of the price of bitcoin in each new cycle may decrease. Therefore, buying at a price of 100k, you can significantly increase the average purchase price of bitcoin.

Selling or not selling at this price is your choice, but it is worth studying the market and looking at the possibilities of bitcoin to understand whether it makes sense to buy bitcoin at such a high price. Perhaps in the long run it will also bring profit, but in this case, the hold period will need to be significantly increased.

[spiker777]

It would be best to take the big profits that can be made at that time if you are a trader, and let some of it help you wait for the next bull run. You can use your profits to buy some if there is a bearish.

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)

This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.

you are right about that bro. you can take profit if you have bought your bitcoins at right price. but if you bought them very close to the price mark then the profit you earn might not be enough to sell them.

~snip~

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.
(....)

This is also my goal because just in case we will reach this price, I accumulated quite enough Bitcoin from cheap prices, but I will not sell most of my Bitcoin, only partial.
Another thing is this "take profits" act will depends also to other people like depends on the price of how much they bought their Bitcoin.

Agreed. Take profit or sell most of it depending on how much BTC we have. For me it's simple, if it's not possible to sell some, I'll sell all then wait for the right time to buy back.

what if that right time don't come again? i think it is always better to keep a portion of your bitcoins for future. because eventually bitcoin's price will keep growing.

[Antonas1]

Agreed. Take profit or sell most of it depending on how much BTC we have. For me it's simple, if it's not possible to sell some, I'll sell all then wait for the right time to buy back.

~ that's a good strategy, but for I personally do not know how strong and patient in doing that.

Buy it, keep it, and move on to your other job in a real world. Not getting your hopes up can be a good thing at times.

~snip~

what if that right time don't come again? i think it is always better to keep a portion of your bitcoins for future. because eventually bitcoin's price will keep growing.

So I will repeat it from the beginning, buy at the price available at that time, and sell later after reaching the next new ATH. Simple.
In addition, I already got profit from the Bitcoin that I held before.

[naira]

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?

The year 2023 is the ideal year to continue accumulating Bitcoin bit by bit. Personally, during this year's bear or bull market, I can't be shaken. The bottom line is that trusting that $100K will come as Bitcoin adoption goes everywhere. Especially during the massive inflation that was undermining fiat due to covering up the economic downturn.

Investors will inevitably shift their assets to riskier ones because currently investing in assets other than Bitcoin must be able to cut taxes.

Back to the plan if it is $ 100K / Btc then I am one of those who will take advantage of it. Honestly anyone would not miss that price. Because there are times when we will find Bitcoin back in a bear market.

[glendall]

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 personally will sell my bitcoins and leave a profit of 25%, of the total profit to be used as a long-term investment with a target value of bitcoin above 100k $ for sure

[Ultegra134]

It would be best to take the big profits that can be made at that time if you are a trader, and let some of it help you wait for the next bull run. You can use your profits to buy some if there is a bearish.

It is indeed highly recommended to take profits or sell partially when the price has reached the new ATH of 100k and this is my target as well.

But how long it will take is just a matter of time. We just need to hold it for the long term.
The most important thing to do now is to collect Bitcoin before the new ATH is reached.

The current price is certainly still very worth-it to buy Bitcoin and hold it for the long term.
The decline from the last ATH is around -70%, isn't this the right time to start collecting and holding.

On the one hand, if Bitcoin were to reach $100,000, I'd want to sell everything to collect my profits, but on the other hand, I don't think that I'd have the courage to sell all my holdings at once. I'd be in a huge dilemma about what would be the best option. This, of course, is a personal matter and depends solely on what you're aiming for. Personally, I'm hoping to continue accumulating Bitcoin despite what happens regarding its price, although a lower price would assist in further accumulation, making it more affordable to achieve your goals. I'm hoping to acquire 0.25 BTC until the end of the year, an amount that will certainly make a huge difference in a few years, especially after the upcoming halving.

[yohananaomi]

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 personally will sell my bitcoins and leave a profit of 25%, of the total profit to be used as a long-term investment with a target value of bitcoin above 100k $ for sure

we certainly know that the character of bitcoin is that it will repeat itself like it did, after I thought that bitcoin had reached a renewable ATH and we don't know how much it will achieve, maybe more than $ 100K. then what friend "glendall" said to hold some and sell some of it so you can enjoy the benefits of investment is certainly the best thing to do.
the habit of repeating after achieving ATH is renewed, then there will be a correction again, because the repetition as it has been done will continue like that every 4 years.

[Greyhats]

I treat Btc like a savings account and the price like an interest rate that fluctuates. In a fiat based savings account I don’t withdraw savings just because of a fluctuation in rate, a withdrawal is made based on a “need” and only after exhaustion of all other avenues.

BTC is same for me, and when I look over the ratio of all my savings it’s definitely not first in line for a “needed” withdrawal. Something pretty catastrophic would have to happen to get to where I would need to withdraw btc.

If I never withdraw any in my lifetime it will just go into the building generational wealth bucket Hopefully your not the 1st generation but if you are you will be the wildest most thanked generation for your future family!

[Bitcoin_people]

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 the market turns into a bull market, it is definitely better to sell some bitcoins. We know that the Bitcoin market was once very low but later made a new history by increasing a lot. And with this implementation, Bitcoin is likely to grow more in the future. We know Bitcoin $100K will no doubt peak when the market starts halving. I also have some bitcoins invested and I hold it for a long time. When the bitcoin market reaches its peak I will sell some of my bitcoin holdings. And when the Bitcoin market turns into a bear market again, I will buy and hold Bitcoin again. And thus I will invest in Bitcoin and hold the trust and belief in Bitcoin as a future asset.

[Vaskiy]

My plan is to have atleast 1BTC in my wallet when the price reaches $100k. Considering the price at the moment it looks reachable, and we need to completely focus on it limiting unwanted expenses and investing on bitcoin. Surely the savings we do know in bitcoin gonna give back good rewards in the long term.

Same time the market is highly unpredictable, even with the upcoming halving we can experience $100k. This is how the market moves. With time we were able to see good rise in the adoption and acceptance of bitcoin. So, we need to be prepared all time to face the unpredictable.