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

[Uhwuchukwu53]

I’ve been saying for about 6 years now that $200K is my price. If we hit that level it will be difficult for me to continue being a holder because I will be able to do pretty much everything I’ve ever dreamed of, with the exception of owning the Sacramento Kings, but that pipe dream may be forever out of reach.

This kinds of dream I cherish though it could be personal but I like join in this dream, may this kind grace to hold and be patient enough engolf me, this dream will come through at most in the next two years.

2026 is the actualizing of this dream my faith is there who want to join should.

[Barikui1]

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.

Actually as an investor, you need to have an investment goal, like how much you are expecting from this or that investment, how much loss you are will to take, because being a Bitcoin investor, precisely in the crypto space, the level of greed can be very destructive to our portfolio, because you might say from the beginning that, you will sell and take profit when the price reach 100k, but when the price got closer and closer, you will feels like it is too small that you want more, and you will fail to seize the opportunity then, and most times the the price will not got to your second price target, and it will reverse to a lower price, which you will be now forced to sell to a much more lower price because the price is declining very fast at that stage.
So I would suggest, it's best you sell and take profit when the price reach your first target, instead of allowing greed to make you wait further.

[Dailyscript]

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?

You can't say never, buddy. Or it seems you are keeping your bitcoin holdings for your heirs. If you are not selling now, one day it may not be you who sells it off; it may be your heir who will take after your holdings. I know you have taught them about bitcoin and preached the good tidings to them, making them believers. There is just no way you won't sell your bitcoin. So I'd prefer if you say SOMEDAY. No one knows how long but someday you will sell and take that massive profit. 

[Wind_FURY]

In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.

you have personal opinions?? since when..?

seems you just take other people opinion.. im still waiting for you to for once have a personal opinion of your own you didnt take from someone else

 

Everyone has an opinion, frankandbeans. You may criticise it, or me, but at least I didn't try to scam someone to have a debate with me just to validate an opinion. It's in your trust-rating.

an opinion you stole from somewhere days ago was that gold was king due to YOUR ill informed thoughts that china was buying gold exponentially

Please confirm that that's not actually true.

If China wants to lead the "New World Order", it needs to have a very large Gold Reserve. Because if they don't, Russia will do it.

OK, but that doesn't change the FACT that China and Russia have been building a Gold hoard. Whether it's for their preparation for the fight for their "New World Order", probably debatable. But it's probably also good to check the Gold/commodities purchases of the other countries in the "BRICS Commonwealth".

funny how you listened to my points and are now saying gold has reached its day and bitcoin is king as the upward trajectory for 2025

the reason is simple

gold mining of 2021-22 seen the cost of mining rise due to inflation of diesel cost of mining gold
this meant the speculative market post-mining seen gold ATH in 2023
however diesel costs dropped by 35% last year back to near normal levels so indicators are gold can see miners mining more often again cheaper,  which will correct the gold price down in 2024-25

however with bitcoin adding demand(etf) and reward halving next month. the cost of mining and the demand for BTC is on a 2024-2025 rise
in short btc up gold down

and so people are selling gold etf and buying btc etf

I stole from you? Why would I do that franknbeans?

Did you steal your opinion from this? Because I could literally do a simple search with the right keywords, and this link would be in the first page.

Gold ETFs bleed $2.4B so far this year as Bitcoin ETFs hit record volumes
02/15/2024 07:40:22 GMT

Gold-tracking exchange-traded funds (ETFs) have lost billions in outflows this year in stark contrast to ETFs tracking the spot price of Bitcoin

https://www.fxstreet.com/cryptocurrencies/news/gold-etfs-bleed-24b-so-far-this-year-as-bitcoin-etfs-hit-record-volumes-202402150740

[Yaunfitda]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

At some point, investors will have to sell in my opinion, and it's obvious to get the profit. I mean if you have been holding or accumulating like in 2022 or at least during the FTX collapse, that is a huge gains already if we hit $100k. So maybe the plan is to sell just in parts. If it hit $100k then sell some, and so $120k or if we hit $150k. At least that could be a good strategy in my opinion, staggered sets and at least you could have taken profits every time the price reaches new heights. But not today though, it's just $70k and not going to make that great ROI in my opinion. Next year should really be the goal for everyone to sell.

[Nrcewker]

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.

If you want profit, then only sell at 100k, else don’t wait for 150k. If you greed for more then you might lose the 100k price mark also. Moreover if you don’t want profits now and good with the investment, then keep the Bitcoins untouched. Bitcoins are way more valuable than 100k usd. Sell these coins only if you need funds, else the investment can really go and turn into big.

[d5000]

I believe those are very conservative ATH projections.

In 2021 (like many) I was too bullish, so I'm cautious this time For me this is however a price range where I could be fine selling at least a part. I never sold everything I had (only in the case of some altcoins, as we all know these fall usually 90% in the bear market or more).

Because of the ETF, Bitcoin's potential ATH value has probably increased ten-fold.

Ten-fold is too much. This is a too US-centric perspective. There were already several exchange-traded products and even some ETFs (several ETFs in Canada, Jacobi ETF in Guernsey, ETPs in Germany and Switzerland, another ETF in Brazil) which allowed exposure to Bitcoin. Some are quite new though so most were not available in the last bull run (pre-2021).

But there's one thing you may be right:

In my personal opinion 2025 will see the market value/volume for Gold ETFs go down, and Bitcoin ETFs to surge.

I definitely expect, if this bull run continues, that soon we will see a resurge of the gold vs. Bitcoin debate, fueled by exactly what you mentioned: the competition between Gold and Bitcoin ETFs. And this time it could be serious, i.e. that this time Bitcoin could really capture a substantial part of the money which goes into gold normally.

The reason why I described this as a "black swan" (for this cycle) is that probably our bull market is already advanced and this will mean that the debate will only begin when the next bull market begins (probably 2026). If no FTX or Terra/Luna type event occurs, however, the next bear market could be substantially less deep: let's say 50% instead of 70%+. This could help for this debate. Once we reach this milestone, Bitcoin will be more stable than many assets: because 50% is a price retreat which is very common in stocks and possible for gold and many other assets, even in commodities with "real-world usage" like oil or soybeans.

I'm convinced that eventually there will be at least an attempt of a "Bitcoin/Gold flippening". But it would surprise me if it was in this cycle already.

[doomloop]

I’ve been saying for about 6 years now that $200K is my price. If we hit that level it will be difficult for me to continue being a holder because I will be able to do pretty much everything I’ve ever dreamed of, with the exception of owning the Sacramento Kings, but that pipe dream may be forever out of reach.

What if Bitcoin manages to hit a few million dollars as a price in the next few years? Will you then be able to have your pipe dream come true? 

Well, for me, Bitcoin reaching $100k is a great point to start taking profit from because we know Bitcoin moves in a cycle, so the decline can start any time after that in case the hype starts fading away or people start taking profit in large quantities because those who bought very early wouldn't wait for more if they see Bitcoin reaching $100k.

However, the decision will vary for each holder, just like how you have been waiting for a certain price for 6 years, someone might have their goals fulfilled in a few months because they have a lower target.

[Maslate]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

No one holds the future price of bitcoin but if bitcoin will continue to move positively, then reaching $100k prior to halving or post halving is very possible. But selling with that current price, I guess that’s left for you to decide. However, if I were in your position, I would not doubt selling a small portion of bitcoin. After all, we’re here to enjoy some profits and not just hodling all the time. And continue to hold the rest of your coins for future profits, because for sure bull run will certainly make it happen.

[philipma1957]

I’ve been saying for about 6 years now that $200K is my price. If we hit that level it will be difficult for me to continue being a holder because I will be able to do pretty much everything I’ve ever dreamed of, with the exception of owning the Sacramento Kings, but that pipe dream may be forever out of reach.

What if Bitcoin manages to hit a few million dollars as a price in the next few years? Will you then be able to have your pipe dream come true? 

Well, for me, Bitcoin reaching $100k is a great point to start taking profit from because we know Bitcoin moves in a cycle, so the decline can start any time after that in case the hype starts fading away or people start taking profit in large quantities because those who bought very early wouldn't wait for more if they see Bitcoin reaching $100k.

However, the decision will vary for each holder, just like how you have been waiting for a certain price for 6 years, someone might have their goals fulfilled in a few months because they have a lower target.

I do not see a million anytime soon. I won't be selling much of mine while we are under 100k.

Under 10%.  If we go over 100% I would sell 10% more.

[MFahad]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

Most holders wouldn't even wait that long in my opinion, and selling will start immediately as Bitcoin hits $90k because people who have bought Bitcoin when it was priced below $30k will surely take some profit when they see they are getting more than 2x of their initial investment which isn't a bad deal.

That being said, on a second thought, I think profit taking processes have already started because Bitcoin is already pretty high and some people might be taking profit even now thinking that the market might take a plunge from here and they will buy again after taking profit right now. Such people will miss out if the market doesn't go down significantly, but if it does, they will be on the brighter side for sure.

[rodskee]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

will you sell in that level mate? because it seems that you are curious of that price mark .
I may consider selling or not , but for sure I will test my capacity to hold and may sell half of my holding.
there are so much expectation in this year because the market shows crazy movement , with all this
I know that many of us will decide properly and will not regret their actions if the price continues to increase
in 2025 about 200k.

[adaseb]

I think right now what is wise to do is monitor the etf flows. Because I predict that if the flows start to go flat or they start to go negative then we might of topped.

Question is when will this happen? It’s impossible to predict. Almost everyday for the past month we got $500M worth of daily inflows, very rarely having a negative day.

But since there is no technical analysis in this area it’s the only fundamental analysis we can use to trade.

[justdimin]

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.

Investment is not like some one-size fit all type of thing, of course it's different based on each situation. It depends on where you entered, it depends on how much you have, it depends on your life outside of crypto, it depends on where you live, it depends on your salary, it depends on your other assets.

I can keep on counting a million things, it depends on a lot. I just say that people get out when they feel like it's enough, and what is enough is not the same for all. A doctor at Harvard will not get out at the same price as some African student who invested a little, so it's not going to be the same thing for the whole humanity. World is 8 billion people, you can't put them all on the same basket and ask this question regarding them all.

[R100K-Martin-Lunger]

HODL all the way!! I get that a price surge is tempting, but with BTC it's best to stay for the long haul. I mean, 100k is a common target and has many positives if you go with the right investment strategy (check r100k). But you're absolutely right, people are even eying 200k. So, it's all about your investment strategy and how long you can afford to keep investing. And don't worry about the dips, they are normal. So do not panic sell!

[Hamphser]

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.

Each investors or trader would really be having their price threshold on which they would really be definitely be that depending on their preference. If you've seen that 100k your selling point
then go with it. Profit is profit considering that you have been able to get in when Bitcoins price is on 20k on which i could say that it is really that indeed a sweet entry considering that
$15k was the bottom on this cycle. Now that the price is really that clinging up then it is really that good to see our port had been able to make profits or multiple folds.
Holding would really be on someones choice because not everyone would really be a holder. So if you do find yourself that holding up for long term then it would be your choice.
Bitcoin is really that something worth to be hold for long time.

[Distinctin]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

At some point, investors will have to sell in my opinion, and it's obvious to get the profit. I mean if you have been holding or accumulating like in 2022 or at least during the FTX collapse, that is a huge gains already if we hit $100k. So maybe the plan is to sell just in parts. If it hit $100k then sell some, and so $120k or if we hit $150k. At least that could be a good strategy in my opinion, staggered sets and at least you could have taken profits every time the price reaches new heights. But not today though, it's just $70k and not going to make that great ROI in my opinion. Next year should really be the goal for everyone to sell.

You have to sell when you see good reasons to sell. When profits are big enough, then never be greedy but start selling a portion of your bitcoin. People end up losing not because they don’t know when to sell, but because their greed is so much big that they can’t afford to sell and only make small profits. If you are actually experiencing this, believe me this will only lead you into regretting, wishing you did sell even at a small profits.

$100k is huge enough if you have been hodling for years. Take time to sell and take time to hold the rest of your coins. Bigger profits are still coming our way, so we should also look forward to that.

[_BlackStar]

I'm not sure at what price I should sell bitcoin - but it's very possible for me not to sell it now even though the price has touched $73K in the past few days. Selling gradually at each ATH level such as $100K, $120K and $150K is a plan - but I'm not sure about selling everything until then if I see there is higher potential waiting.

I have a plan and a target - so will probably make sure to get out then especially if the target has been met. It doesn't make sense to hold bitcoin without selling forever even if $1M can be reached in the next few years - I mean a 4 year cycle is still very likely to make the price fall even if the highest ATH after the halving this time hits $500K.

[Russlenat]

Well I think you are right about the number 100k. That number is such a high number and I think people will start to sell and take profits when it does go that high.  And now I do think it there is a good chance it does see that price this year.

For early investors, that could mean a huge amount of profits already. But for those who have just bought their bitcoin months from now, well hodling might be more recommended. However, with OP’s situation, he can actually sell but only a portion of his coins so that he can look forward for bigger profits when bull run comes. Selling is not really an issue once decent profits are gained, but if you sell at a hesitant price, then just continue doing DCA and hodling, you can sell later on when you’re no longer doubting the price.

[FanEagle]

The walls are there for exactly this reason. You can go ahead and see where the walls are, they are all called "resistance levels" and they show where people are putting their money. Doesn't mean that is the only thing, but it is definitely something to look for. I think that is important because we are going to see them do a lot better with time.

I hope that people could realize what kind of profit they could make from this, and that should be the most important thing in the end. I know it is not taking people that long to realize that you could just use those walls to sell and get out too, or support levels to buy as well. Just check those out and try to make a calculated guess on where people will mostly get out.