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?
$200K? It might happen, but the chances are pretty low TBH. The more realistic peak that can happen is around $150,000. Only me, and other people's prediction.
When will I sell? My starting selling price is $100,000 then I'll do it again when it reaches $120,000. If it will not reach $150,000 for some reasons and it chooses to go down already, I will sell all of my assets when it hits $100,000. At that time, I'm not holding any Bitcoin anymore aside from maybe 0.001 BTC that I'll be holding for maybe longer (might sell it on the next bull run).
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.
Always set a selling price, and whatever happens, sell at that price.
As long as you have profit on it then it's all good. You can sell a portion of your Bitcoin holdings at $100,000 if you want to, and sell the other ones when it goes up even more. How will I sell? I already said it. It's kind of like DCA but selling instead of buying. Set selling price targets, but I would suggest to start selling at $100,000 because we might see some selling pressure there.