At what price will you bitcoin holders sell if we have a major price spike?

[edward500]

I have been thinking about when to start selling my 2 bitcoins I purchased for $21,000 each average price during 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

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[SamReomo]

How will you sell, slowly into a spike or wait for a set price and just dump.

After seeing the current rally I would never sell Bitcoin below $80k but I will check the market fully before even selling at $80k because if the market become overly bullish during $80k price then I will wait for the pump to reach its intensity before selling some of my holdings.

I would most probably sell it for the purpose of trading not for permanent selling at that price. I'll accumulate more Bitcoin with the money when it sees a correction, that's how I'm planning to sell Bitcoin. I guess if you really wanted to earn some good profits then don't sell but hold your Bitcoin, however if you're good at trading then you can sell and rebuy in order to accumulate more of it.

[goaldigger]

How will you sell, slowly into a spike or wait for a set price and just dump.

$100k is the target and right now we are trading with the new ATH and the hype continues.

I can still hold up to this level and will assess the market trend if the corrections is about to happen.

BTC bull trend seems unstoppable right now, this is a good sign to hold stronger and of course stay focus with your goal.

Always have your target profit, once you are happy with it make sure to commit with it so you wont regret things.

[Oshosondy]

After seeing the current rally I would never sell Bitcoin below $80k but I will check the market fully before even selling at $80k because if the market become overly bullish during $80k price then I will wait for the pump to reach its intensity before selling some of my holdings.

Bitcoin may get to $100000 in this year. I think selling at $80000 will only be selling too early. Although people will have different opinions on this. Anyone that wants to sell should sell around $100000. Bitcoin is going above $100000.

I would most probably sell it for the purpose of trading not for permanent selling at that price. I'll accumulate more Bitcoin with the money when it sees a correction, that's how I'm planning to sell Bitcoin. I guess if you really wanted to earn some good profits then don't sell but hold your Bitcoin, however if you're good at trading then you can sell and rebuy in order to accumulate more of it.

Some people will see it as a correction but before they will know after they want the market to dip further, they will see the price higher than the price that they sold it. That is one thing about trading.

[JimboToronto]

Why sell at all?

It's smarter to keep your profits in Bitcoin.

[aoluain]

How will you sell, slowly into a spike or wait for a set price and just dump.

$100k is the target and right now we are trading with the new ATH and the hype continues.

I can still hold up to this level and will assess the market trend if the corrections is about to happen.

BTC bull trend seems unstoppable right now, this is a good sign to hold stronger and of course stay focus with your goal.

Always have your target profit, once you are happy with it make sure to commit with it so you wont regret things.

When Bitcoin was hovering around $30k the $100k target looked like it was a going
to be a big effort to get there so a lot of people had that price as their sell point.

For me $100k is way too soon. Now that >$60k is kind of the norm now and the ATH
broken $100k is reachable before the halving so I would like to see the Bitcoin market
pass $150k then I'll start considering selling some.

Why sell at all?

It's smarter to keep your profits in Bitcoin.

Personally I have never sold to take profits, only out of necessity. This time around
it will be a bit of both.

There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?

[fuguebtc]

I have been thinking about when to start selling my 2 bitcoins I purchased for 21K average in 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

I'm quite greedy and my sell target is only when bitcoin is above $200k. This is the goal I set from 2023, not because I see the current situation that I change the goal . Because I believe this bull season will be a super cycle and bitcoin will be worth over $200k or more and the $100k target for me is quite modest .

Everyone has different visions and goals, so I can't give you advice . But I just want to tell you, in the long run bitcoin can even reach $500k or $1 million, so why should we be afraid and sell at too low a price to others?

[livingfree]

I'd sell some at $150k-$200k but I'll never sell everything. Just like taking a few sweet profits by that time so that I can taste the flavor of being patient.

But if it won't be reached this bull run, I'm still fine. I'd keep my Bitcoins until I can as long as I don't have to sell, then I won't do it. I've got some prepared to be sold and a portion that will likely be kept forever.

There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?

It's still going to be a long time for this bull run, it won't be a gamble if it's with BTC but if it's with some memecoins, sure it is a gamble.

[bitzizzix]

I have been thinking about when to start selling my 2 bitcoins I purchased for 21K average in 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

My advice, don't think about when to sell your holdings, even if you have made a sizable profit. You have 2 BTC since 2022 and if you buy it in the middle of 2022, the highest price of Bitcoin will be around $30,000+, and I don't think you made a big profit and only double compared to the current price of Bitcoin which is $71,500+. Because I don't know what the price of Bitcoin will be when I buy it in 2022, when the price is highest or when the price of Bitcoin falls because you didn't mention it.
And whatever the reason, I advise you to continue holding your Bitcoins or take advantage of this moment to accumulate more Bitcoins periodically, before the Bitcoin price rises further. And I think if Bitcoin hits $100,000-$150,000, it seems like there's a chance of that happening. And you have to continue to hold it and be patient to reach the price you mentioned in order to get a satisfactory profit, at least 3x or 4x the previous price.

[JimboToronto]

There are those who have in the past sold close to the ATH to buy back when the markets
fell and increased their HODL'ings - could be a bit of a gamble this time around?

It's always a gamble.

[Wind_FURY]

OP, study Bitcoin Bull-Bear cycles and its relationship with the increase/decrease of the total M2 global money supply. Every time M2 global money supply increases, Bitcoin price surges. But if it decreases, Bitcoin's price crashes, BUT it never goes down under its previous ATH by multiples. Plus the last bear cycle was the first time it went under its ATH which may not happen again.

At what price will you bitcoin holders sell if we have a major price spike?

The answer is obvious. It's NEVER?

[Rruchi man]

Why sell at all?

If there is no real purpose to sell, then no need to sell.

It's smarter to keep your profits in Bitcoin.

I don't agree completely, It is also smart to use the profit from investing in bitcoins to invest in other things that will be profitable like real estate etc. If you still keep all your profits and hold only bitcoin as investment, that is complying with keeping all your eggs in one basket, which is not good.

[thecodebear]

I have been thinking about when to start selling my 2 bitcoins I purchased for $21,000 each average price during 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

lol anyone telling you it could spike to 200k quickly is straight up lying to you. Please if you are participating in the market you should have at least a basic sense of the amount of money this all involves and be able to easily realize such a statement is pure nonsense. $200k maaaaaaaybe could happen this bull market, though I think it is unlikely, so most likely scenario is bitcoin hits $200k in about 4 years, not in a few weeks lol.


Personally I expect the peak of this cycle to be around $150k, and I do plan on selling some of my bitcoin as it rises towards that (some of that money will be bought back in on the crash). I plan to start selling a very tiny amount around $110k-$120k, and then most of my planned selling from $130k-$150k, so I'm hoping it hits $150k as that is my highest planned sell.

But I've been holding my bitcoin a lot longer than you and I'm only selling some of my bitcoin in order to set me up to never worry about money again (being a bitcoin millionaire but only having like $5k in the bank is kinda a silly thing for me to continue doing haha). So selling a bit this cycle is part of my life long financial plan and this money will go toward not only giving me plenty of cash so I don't ever have to worry about being short on cash again, but also other things that will increase my income, and the excess will be poured back into Bitcoin on the next bear market.

My point is, you don't NEED to sell during the bull market. Why are you selling? Just because price went up a bunch? Cuz price is going to go many times higher in the future. So if this is meant to be your long term savings, and unless you need the money for some purpose, I would recommend you to just hold through the market cycle. Hold long term. That way you aren't trying to guess when to sell in the next 12 months or whatever, and instead you just let that money keep growing over many years. If you need money for a specific purpose, unless you are like buying a house, you probably only need to sell a little bit of your 2 bitcoins, and should hold the rest long term so you can be spending it when price is $500k, $700k, $1 million, etc, instead of just selling it in the first bull market you've seen.

[mirakal]

Why sell at all?

It's smarter to keep your profits in Bitcoin.

Absolutely. If you believe that bitcoin has huge potentials to reach even a million, then don’t force yourself to sell early but hold continuously until it satisfies your greed. However, if you want to enjoy also the fruit of your sacrifice, then selling a portion of your bitcoin is not bad at all, like selling when $100k is achieved. Don’t worry if you can’t maximize your profits, having the thought that you still have future profits ahead waiting for you is already fulfilling enough.

For now, continue to observe the market and if possible, continue doing DCA. After all, even if price correction happens, once you continue to hold, you won’t still lose your bitcoin.

[YOSHIE]

How will you sell, slowly into a spike or wait for a set price and just dump.

For me, if I am currently considering selling, maybe if I speculate it is too early to bet, the reasons are:
Bitcoin's countdown to the halving phenomenon is speculated & predicted to occur in time: 39 days 23 hours 12 minutes 28 seconds to go, I'm sure it's not the right time for me to do it, even though $70k has actually happened.

My speculation.

When is the Next Bitcoin Halving?
The next bitcoin halving is expected to take place on May 04, 2024, at block height 840,000. When this happens, the bitcoin block reward will decrease to 3,125

When was the last Bitcoin halving?
The last bitcoin halving occurred on May 11, 2020, at block height 630,000. Bitcoin block reward reduced from 12.5 to 6.25.

With what I said above, I think you will know when to sell and other things for Bitcoin, good luck to everyone here.

[EarnOnVictor]

I have been thinking about when to start selling my 2 bitcoins I purchased for $21,000 each average price during 2022 lows.

I keep hearing things like we could spike to 200K really quickly and stuff like that, maybe in just weeks.

My question is when will you guys start to sell if we have a major spike?

I used to think I wanted to sell at 100K, but this is rising so fast I have been thinking more like 150K to start selling.

How will you sell, slowly into a spike or wait for a set price and just dump.

You have enough questions here and I can't blame you, it's a general panic when it comes to the liquidation of an asset at a very good price that will not cause regrets on whether you liquidated it at a price that would make you miss more money or blaming yourself for not liquidating it soon enough.

Well, first, I would like you to note that there is no perfect trader/investor just as there is no perfect speculation of the market, so there can't be perfect liquidation of positions as well. You should know that liquidation could come with luck as well, this is where luck and expertise are working together due to people's approach because some people would just liquidate at a particular time that the market would start selling without any prior analysis, they will just use their instinct and it will be a near perfect decision. But this is still a style that is random, it is never professional. If You would like to liquidate your asset professionally, I bet you use your chart guidance.

I knew it when the long-term bullish trend of Bitcoin started in 2023 through chart readings, so good chart readers would also know when the long-term bearish trend of the coin starts. This is the best time you liquidate to avoid mistakes. You can use the weekly and monthly charts together for proper analysis to achieve the purpose, and you will never regret it.

Personally, I believe Bitcoin would hit $100,000 in this bullish season and might still hit above $120,000 as well. The comeback level should be between $100,000 and $150,000 as well. If such an assumption is what you want to use, fine, but note that it is just a random pick for the liquidation. What if the asset moves far above the level? This is why you need your analysis.

[adaseb]

I am pretty sure almost everyone that entered this cycle will sell at least some at $100K. This is where we might have that issue like we did with the 2017 top. Where we reached $19500 but never touched $20000 since many had their sell orders there. So keep in mind if this happens then there is a good chance we might not reach $100K but might touch $99K and head back down.

However I predicted this back at $10K in 2017 and $50K back in 2021 and I was dead wrong and sold way too early. So take my analysis with a grain of salt. Either way, somebody has an exit price, even Saylor. If we reach $250K, even he might start taking some partial profits at least.

[pooya87]

If you are trying to predict what the next bubble peak is going to be where people sell so much that it stops rising, I have to tell you that it is impossible to know or predict. Look at any of the other cycles and the bubble peaks. Nobody could tell at those times. For example when price reached $1200-ish back in 2017 (which was the previous ATH set in 2013) nobody could even dream of price reaching $20000 in less than a year as the ATH.

It's the same today. Now that we've just broken the previous ATH at $70k, we can not tell if we are going to reach $200k or $1.1 milllion (same rise as 2017 percentagewise).

[pinggoki]

With the current positivity in the market, I think that it's quite ambitious of me to say that my goal would be around 170k USD, I know it's a weird amount for some but that way, I'm not going to easily waiver when the market shows that it's probably the peak, prepared myself too in the case that my selling price isn't met, if that's the case then I'll just continue hodling again and then just wait more for even more profit. What I'm not prepared for though is when I reach that goal but there's no sign that's the peak, I do have a plan where I sell half and then if it increases even more by about 10% I'd sell half again, but I don't think it's effective, there's probably better strategy out there when it comes to selling, hope that someone can give me some pointers.

[Wind_FURY]

I am pretty sure almost everyone that entered this cycle will sell at least some at $100K. This is where we might have that issue like we did with the 2017 top. Where we reached $19500 but never touched $20000 since many had their sell orders there. So keep in mind if this happens then there is a good chance we might not reach $100K but might touch $99K and head back down.

However I predicted this back at $10K in 2017 and $50K back in 2021 and I was dead wrong and sold way too early. So take my analysis with a grain of salt. Either way, somebody has an exit price, even Saylor. If we reach $250K, even he might start taking some partial profits at least.

Don't be quite confident ser, it will not be everyone. I was one of those people who had a "take profit" target of $100k when I started to purchase the DIPs during 2019. But as the six digit price valuation target started to become more and more possible, my take profit target became higher and higher. Then I said to myself my new "take profit target" will be $500,000, then probably to seven digits, then after BlackRock = Never. ¯\_(ツ)_/¯