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

[slaman29]

It doesn't matter what price you're thinking of, just set the price. And if it doesn't hit, then wait for the next bull run.

I know it sounds so simple, but that's literally what I do.

It kinda means I'm not selling this cycle almost for sure, because my target is $300,000. You're very lucky you have 2 Bitcoins... I'm settling for a total value of around 150k dollars, as it's comfortable for me in my local area to buy a house and the land, very very small, but mine to own.

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[Sorryfor]

Since you bought Bitcoin in 2022 and held it for a long period of time, you can now make multiple gains on your Bitcoin purchases. Currently the price of Bitcoin is 72000$ which you can earn several times more profit than your purchased Bitcoin at that time. However, since the halving is still a few days away and Bitcoin is at the ATH level, it is more likely that the price of Bitcoin is going to rise in a bull market. As a result, you can still hold on to your bitcoins if you want, so that you can earn more profit. I think Bitcoin will cross $1000 in a few days. Then through this you can achieve more profit And if you want, you can keep some of the profit or the amount of money you used to buy Bitcoin for yourself. As a result, the amount of money you have gained will continue to increase.

[el kaka22]

I think considering the situation we are in right now, it doesn't really feel like such a big jump to consider people could sell at 70k+ right now. However, that doesn't mean that we are going to have something major, it is going to probably be fine, it is not going to really change all that much.

I hope that people could see some changes here and there, because we look like we might have some troubles if we sell too, since it may keep going higher. A lot of people are seeing the situation like a big deal, but the reality is that we are not going to really see it change all that much if we are not careful. All in all, I think we should just let it be, do not sell, if you do not want to buy that is fine too, but do not sell.

[GeorgeJohn]

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.

Everyone have its perfect to to sell its bitcoin or any coin depending on the coins you are holding, like me I have target of when I will sell my bitcoin and if the value of bitcoin have not reach to this particular time, I believe that everyone have it values point when they like to sell their bitcoin, I'm holding my bitcoin base on future, because those people is a billionaire today invested or hold bitcoin when the value was nothing and today they all a billionaire....so everyone have in mind what values they would like bitcoin to reach before sell.

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.

From your perspective its good to achieve your goal but we should know that is not good to have greediness to take over our
goals,so in investment you have to be extremely careful and observe well before you venture into the investment.

[kentrolla]

I think by no people have realise that they should not be selling entire Bitcoin rather the should only sol when they are in immediate need of fund because we have already witnessed how profitable Bitcoin would be hence I would be selling it only it's that's the last resort and since it has already reached $73k I would be selling it for atleast $100k if I had to do.

[philipma1957]

I would sell
0.1 today at 70k+

I would ladder list

0.1 at 79876
0.1 at 84321
0.1 at 94321
0.1 at 111111

And I would on to the rest for dear life.

[OgNasty]

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.

[MFahad]

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.

I believe one shouldn't be asking others when it comes to such matters because everyone has their personal financial goals and targets and they can't be the same for all. I might have a different target in mind based on my personal goals and if I tell you that and make up your mind accordingly, you might miss your actual target, so I don't recommend such things because this should be your decision to make, see suggestions, but make sure you are not influenced by them and the final decision is yours.
There is only one thing I would say, don't keep waiting for too long and when there is a correction after the halving event and when you see it's going too deep, try to take profit because you never know, that might be the beginning of the bear run of the new season.

[nimogsm]

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.

hmm, good question. A price of 100k is quite possible and even more, but the scenario may be completely unpredictable. There is another option to take back the funds that you initially invested, and wait for the maximum profit from the difference. This option will save your initial investment and return the starting capital , but you can go all-in and wait for the price you have in mind.

[freedomgo]

It doesn't matter what price you're thinking of, just set the price. And if it doesn't hit, then wait for the next bull run.

I know it sounds so simple, but that's literally what I do.

It kinda means I'm not selling this cycle almost for sure, because my target is $300,000. You're very lucky you have 2 Bitcoins... I'm settling for a total value of around 150k dollars, as it's comfortable for me in my local area to buy a house and the land, very very small, but mine to own.

We all turn into greedy when we are already seeing some price spike happening in the market. That’s why first and foremost, it’s still best to set your target selling price first where you are comfortable of selling and stick to it no matter what will happen to bitcoin. Otherwise, you’ll end up being confused when to sell most especially when the market is highly optimistic until you realize you have done nothing but keep on waiting for another price rise, until you realize you have missed an opportunity to sell at a profitable price due to greed.

[poodle63]

probably when $100k hits im readying my bags to dump after all a man needs to eventually dump their investment and I personally sees that already sufficient enough in my opinion.
but it depends though my target is flexible if i see that the price climbing up higher and earlier than we expected I will probably holding off from selling any of my bags because i can probably see another higher heights up there and I will set my next target at around $200k.
the thing is that we probably won't be seeing any bottom below $50k again, people have learnt that when the price of bitcoin is dipping it just means a chance for them to invest, the recent sudden price dumps shown me enough that people are eager to make money from the price dipping I mean thing can suddenly turns worse when something as massive as the case of previous bearish happening again.
but i'm sure of it that since i made my investment at the bearish im sure that my capital will never fall short because of slight dump, i know bitcoin will never dumps as low as the price when im entrying.

[Wind_FURY]

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.

To purchase shares of the Sacramento Kings, it's probably better to wait for $2,000,000 no? Which Bitcoin surging to $200,000 during a cycle, could add to the probability that Bitcoin could surge to seven digits?

Am I merely being a Moon Boy? I believe not ser. After BlackRock entered Bitcoin Land, followed by the Cabal of some of the largest asset managers around the globe, the kind of investors that will buy those Bitcoin ETFs might not care if the price of Bitcoin is $70,000, $200,000, or $1,000,000. They will buy those Bitcoin ETFs because they need it for their portfolios.

HODL on longer.

[slaman29]

It kinda means I'm not selling this cycle almost for sure, because my target is $300,000. You're very lucky you have 2 Bitcoins... I'm settling for a total value of around 150k dollars, as it's comfortable for me in my local area to buy a house and the land, very very small, but mine to own.

We all turn into greedy when we are already seeing some price spike happening in the market. That’s why first and foremost, it’s still best to set your target selling price first where you are comfortable of selling and stick to it no matter what will happen to bitcoin. Otherwise, you’ll end up being confused when to sell most especially when the market is highly optimistic until you realize you have done nothing but keep on waiting for another price rise, until you realize you have missed an opportunity to sell at a profitable price due to greed.

Yeah, I totally understand it too. I can say now my target is #300k because that is my price now and I would not hesitate to sell everything and semi-retire (I can't afford to retire but this would pay all my debts to zero and get rid of need to pay rent).

But once price reaches $300k for real, I don't know if I can get greedy. Depends when I guess. If it's next year, I might get tempted to wait one more cycle

[bitterguy28]

Don't sell them all instead 50% to be selling and the other 50% will remain holding unless the price reached 100k ten consider releasing them all.

Like my plan to sell half of my holding if we will reach 80k before halving and wil try looking for a chance to buy again once the bear followed , but if not and the price will continue increasing then at least I have my holding.

[Questat]

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

Selling half of it is not a bad idea, we just consider this securing our profit. If it fall, we never regret from missing the opportunity.

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

Unrealistic...Bitcoin will never go that fast and reach that high instantly. I can't imagine it will happen in two weeks, not even a year. Maybe, it happens in the future but not this coming ATH. Stop believing rumors, $200k is too high.

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.

Just think about this - hold as long as you can but don't bother to decide to sell if you already make a profit. If the purpose of buying Bitcoin is to just hold, then hold. But if our goal is to make money, then why not sell them? 

[d5000]

Well if you want some kind of "rational" response we could build a theory for the next price peak, based on the following statement:

Volatility is declining, but the ups and downs follow a roughly similar pattern than in the previous cycles.

We would then have to find a formula to describe the volatility decline. One very simple measure is to base the decline comparing the difference between 4-year all time highs, in comparison to the previous one. As we had only a few 4-year highs I'll include the 2011 high of 32$.

Then we'd have:

- 2011 -> 2013: 32 to 1200 => ~3650% in 2 years => 510% per year
- 2013 -> 2017: 1200 to 20000 => ~1550% in 4 years => 101% per year
- 2017 -> 2021: 20000 to 70000 => ~250% in 4 years => 36% per year

This already shows us that while volatility is definitely declining, if there is a pattern, it is quite wonky.

One idea is to try to find a trend for the decline of the average yearly growth rates between ATHs. We see that the decline between the 2011-13 growth rate of 510% and the 2013-17 rate of 101% is approximately minus 80%, but between 2013-17 and 2017-21 the decline is is only minus 64%. So we could continue this series and now assume a decline of 48% (80 - 64 = 16, 64 - 16 = 48) between the 2017-21 and the 2021-25 growth rate.

This could give us a growth rate for the "potential peak ATH" this cycle of 19% per year approximately.

As we don't know when the peak will occur, we can simply define some simple points each year based on the 2021 high and apply the +19% formula:

- November 2021: 70000
- November 2022: 83300 (70000 + 19%)
- November 2023: 99127 (83300 + 19%)
- November 2024: 117961 (99127 + 19%)
- November 2025: 140373 (117961 + 19%)

My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.

That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.

Potential other positive "black swans" could rise the peak even higher:

- China allows crypto again
- The BTC vs gold debate becomes more favourable for BTC and BTC is seen as a real competitor, e.g. first central banks buying BTC

I'm not really expecting these two events soon, so these would count as black swans for me if they occur before mid-2025. But I'm expecting them for the next 2 cycles.

[Troytech]

Why sell at all?

It's smarter to keep your profits in Bitcoin.

All I see is FOMO, you would see so many persons acting as tho they can really hold and now after making profits they want to sell, just to start the process of buying again.

I think by no people have realise that they should not be selling entire Bitcoin rather the should only sol when they are in immediate need of fund because we have already witnessed how profitable Bitcoin would be hence I would be selling it only it's that's the last resort and since it has already reached $73k I would be selling it for atleast $100k if I had to do.

I don't even advice selling at all, bitcoin is an asset and not just some profit maker and right now you can see the pace the big companies are using to buy bitcoin and you well know they are for the hold and also would live to influence price, we retail investors should stop out selling g habits now more than ever, and no one knows If this cycle would happen like the rest, the way I see it we might well start having bull and bear occasional and the days of long bear or very long bull would soon be over, I think it would be more like a consolidation movement where price would drop like 30% and Jack back again, but who knows I might also be wrong.

[Wind_FURY]

My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.

That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.

I believe those are very conservative ATH projections.

Because of the ETF, Bitcoin's potential ATH value has probably increased ten-fold. Asset managers around the world that wanted some exposure in Bitcoin can currently access it through the ETF. Plus if you're an asset manager with billions under management, would you continue holding a less profitable Gold ETF? Or will you sell some of that to purchase a more profitable investment?

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

Potential other positive "black swans" could rise the peak even higher:

- China allows crypto again

Plus China is in Quantitative Easing/has their money printer on.

- The BTC vs gold debate becomes more favourable for BTC and BTC is seen as a real competitor, e.g. first central banks buying BTC

Russia?

I'm not really expecting these two events soon, so these would count as black swans for me if they occur before mid-2025. But I'm expecting them for the next 2 cycles.

👍

[franky1]

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

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

My impression is that the peak will occur some time before November 2025. Perhaps due to expectations based on previous cycles, we are already in a more advanced stage of the bull market in early-to-mid 2024, so I personally expect the peak in the first half of 2025. This would roughly mean that if we go for the formula, the peak could be between 125000 and 135000 USD.

That's approximately the price range where I would be comfortable selling in this cycle. There are however some indications that it could be higher, because 2020/21 was a particularly bad year for the world's economy due to Covid. If the recovery continues and interest rates continue to go down, then I expect more than 135000.

based on the cost of mining when looking at the highest electrical prices of the planet as a ceiling of where traders come to the belief that once hitting the ceiling on the market, its cheaper for all countries to mine coin to then sell vs market buy to hoard..
shows that $140k is a rational number.. for todays numbers projected forward by a year

however ETF are pushing bitcoin markets outside of normal economics.. (outside the fundamentals of underlying value-premium window which is based on mining costs of the planet)

we have seen that although ethereum changed from PoW to PoS meaning it lost its fundamentals of underlying value which should have taken ETH down in price by 20x, it however didnt drop due to its fundamentals and instead rose higher due to its shadow puppet trading against bitcoin rises..

with bitcoin ETF's we could see bitcoin surge above $140k if the persistence of bitcoin ETF keep pushing demand on the bitcoin spot in 2025, or if the mining costs of 2025 surge once again..
but for now a $140k is a reasonable rationale target for todays numbers projected onto 2025

[mich]

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.