Bitcoin might reach $100k before halviing. What is your exit strategy?

[Sim_card]

Whenever bitcoin price hits 100k, I am taking profit either before the halving or after the halving. I have different price level that when bitcoin reaches, I will take some profit. 100k is a good price for anyone that have started investing since  December 2022, as that investor would have up to 6x profit. There is a project that I will execute whenever bitcoin price hit 100k, because that is when I think it will be easy for me to take care of the expenses of that project, since I would have made good profit from my bitcoin investment. However, I feel that bitcoin price might reach 180k in the first quarter of next year. I am still using this time to accumulate more bitcoin through DCA

[BlackHatCoiner]

There is no "exit strategy". Bitcoin is, per se, the exit. It is not a means, but an end. The way I see it, is to sell a few coins in case you really need them for your livelihood or something even more serious, but in general I personally find it obtuse to "exit" from the future of money.

Judging by the replies, though, I can notice lots of weak hands.

[Dr.Bitcoin_Strange]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

Bitcoin prices have already crossed $73k, and we are just $27k away from $100k. I don't believe it's possible to reach $100k before halving, which is just a month and one week left for it to happen. $27k is way too high to be met in just a month. If the price of Bitcoin is already at $90k+, it would be easy to predict that $100k is possible before the halving. 

[Obim34]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

Bitcoin prices have already crossed $73k, and we are just $27k away from $100k. I don't believe it's possible to reach $100k before halving, which is just a month and one week left for it to happen. $27k is way too high to be met in just a month. If the price of Bitcoin is already at $90k+, it would be easy to predict that $100k is possible before the halving.

We are already on a price mark which we never touched before, many are already happy and excited to the extent of wanting to sell off their investment portfolio, it's a personal choice tho, but on a fair ground our initial intention is to hold for a long term despite the price movement. Personally, their is no option for me exiting too early, I believe we are going to see much more than what we have now.

[hd49728]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

If you set your target price at $100,000, your taking profit strategy can be only sell it at $100,000.

It is not a good strategy because that target price can be hit this bull run or will not be reached. If you are too strict with that target price, you might miss chance to take profit or you will miss higher price.

A better strategy is DCA out with prices lower than $100,000, at $100,000 and higher than $100,000.

You can DCA out like: 25% below $100,000 such as $90,000; 50% at $100,000 and 25% with prices higher than $100,000.

[irhact]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

It'll depends on when Bitcoin reaches $100,000, $100,000 is going to happen eventually but if it reaches that price before Bitcoin halving happens I'll have to exit the market as a correction should be what we're going to be expecting. Many individual will be selling Bitcoin as that'll be a good price to take profits and wait for a correction so you can buy more Bitcoin in preparation for the bull market but that price is too far from what the price of Bitcoin will be before the halving.

I don't have an exit strategy to sell Bitcoin if it reaches $100,000 but I have a strategy to exit the market at the right conditions and that would be after a new all time high has happened next year. Bitcoin is going to give us a new all time high next year when the whole crypto market will become bullish after the halving of Bitcoin is done. Thinking Bitcoin can reach $100,000 before halving isn't possible.

[Darker45]

My exit strategy is not to exit. Anyone else following this strategy?

How I wish I could fully adopt this strategy as well, but I simply can't afford, at least for now. So, at most, I can only do this partly, then gradually until I can do it fully. For now, I have to have a semi-exit strategy. I have to convert some if the price goes 6 digits and beyond. I need to start businesses and when I have different sources of stable income, I can fully commit to a non-stop hodling of my Bitcoin.

But I won't ever make a full exit. I won't be draining my wallets of everything. I will only be spending what I need. The rest stays. I guess this is my exit strategy.

[Solokan]

The price of bitcoin has now penetrated a new ATH and I think many people have sold their bitcoin at this time and even before breaking through the ATH I see many people have started to take profits and of course this is a normal thing because in this case we have to be smart in selling our bitcoin and of course we will not know when there will be a correction.

I divided my BTC investment into 3 parts, namely I will not sell it even though the price has gone up high and I want to keep it for the long term and I plan to save it for my children and grandchildren and secondly I will sell my Bitcoin. when Bull Run arrived.

and I also always invest in BTC for the short term and to be honest, even when the price of BTC was before the halving, I would sell, for example when BTC touched the price of $77k and little by little I would sell. and I will buy BTC if there is a correction so before $100k I will sell my btc. so by dividing it like that I won't be afraid of losing because I can enjoy the results of my investment and even if the price of BTC continues to rise to $120k I won't be afraid because I no sell my BTC everything

[adaseb]

I don’t think anyone is planning on selling before $100K or at least close to it like $98-99K. We got crazy amount of money flowing into crypto.

Just today we got $500M added to tether market cap, we got a big boost in USDC market cap also, we got $1B in positive flows yesterday, we got Saylor selling more convertible notes to buy more bitcoin, etc.

The train is not stopping until we get close to $100K and then…. Who knows.

[Bureau]

I do not think anyone will be selling after it reaches $100k as it has the potential to cross or reach $150k this year. I think the only strategy that should be applied here is to continue accumulation more and wait patiently for Bitcoin to create a new all-time high. Bitcoin demand will rise more after halving already there is a high demand through ETF and after halving that demand will increase a lot. It would be a bad decision to exit Bitcoin as soon as it reached $100k, although it will be the price point where we will notice a good amount of profit booking.

[Poker Player]

My exit strategy is not to exit. Anyone else following this strategy?

Not exactly, but similar in my case. I will make small "exits" or sales of parts of my holdings.

The current cycle has turned out to be anomalous.

This is not the case. What has turned out to be "anomalous" is the pattern, which is a creation of our mind, projected on the price evolution of previous cycles. There is nothing anomalous about price behavior, it is our conceptualization of regularities.

Look at the following series of numbers:

1,2,3,4,1,2,3,4,

How would you continue it?

The simplest answer is that the next 4 numbers are 1,2,3,4, and so on, ad infinitum, then if you see that the next 4 are, for example 7,8,3,2 you would say that there is an anomaly. But if the long term series is as follows, would you say that it is an anomaly as well or a regularity?

1,2,3,4,1,2,3,4,7,8,3,2,1,2,3,4,1,2,3,4,7,8,3,2,1,2,3,4,1,2,3,4,7,8,3,2

I could give you countless examples like this.

[Winterfrost]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

determining ones exit strategy is basically a function of your set out goals and objective while buying. If your plan is to sell once you've gotten to $100k, them this works well for you but considering the trend, it's obvious that in two years time Bitcoin might probably hit up to $180k and if you're patient enough to hold for that long, you would totally be in supplus profit.

For me, I'm still very positive about the future and if it hits $100k during this halving, it only goes to encourage and strengthen me to hold for a longer period of time. I'm already in my profit zone though i haven't reached my goal yet and it's just normal to have conversation and thoughts wether or not it's necessary to sell or to keep holding but i still choose the latter and we keep going to the goal is ascertained.

[Gallar]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

In my personal opinion, the price of bitcoin will not reach $100k before the bitcoin halving occurs. Maybe the maximum price of bitcoin is only $80k (Before bitcoin halved). So it's possible that bitcoin could reach $100k, but in my opinion, when the bull market arrives. Because I saw bitcoin reach its peak price in the halving and bullish market cycle in 2020. In that year bitcoin reached its highest price when the bitcoin halving had occurred and when the bullish market was running. So the current cycle will certainly not be much different from what happened in the previous cycle.
Therefore, currently I am still very calm in holding the bitcoins that I own. Although Bitcoin's ATH has now been exceeded, I believe Bitcoin's ATH at this stage will exceed the current price. So why panic sell? better to continue making purchases (DCA).

And if, for example, before the bitcoin halving happened, the price of bitcoin had touched $100k, I would personally probably sell a little bit of bitcoin to make a profit. Because if this really happens, it is likely that the correction will be very deep. But once again I remind you, that it is slightly impossible for the price of bitcoin to reach $100k before the bitcoin halving occurs.

[glendall]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

I don't have a strategy to exit yet, for now, because I'm still monitoring the market, even if it's really 100k$ I will release some of my BTC but not for 100% exit

[davis196]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy  with bitcoin once it reaches $100k?

I don't have an exit strategy. I guess that my "strategy" would be selling a part of my BTC for fiat and keeping the rest of my BTC, even when the price drops severely. I usually don't want to buy stablecoins, but I might change my mind. I find it hard to believe that the BTC price will hit 100K before the halving. It seems that the FOMO phase is going away and it's very difficult for the price to keep going up to 75K or 80K. The selling pressure is pretty big right now and the buying pressure is slowly declining. However, this might be temporary.
The fact that you are discussing about an exit strategy means that you are one of those "buy low, sell high, get more fiat money" Bitcoin investors. I have nothing against such investors, but Satoshi Nakamoto might be mad about this.

[lovesmayfamilis]

No matter what happens to the price, and no matter what people answer, everyone will act in their own way, looking at how quickly the price will rise. I don’t know what I will do, since greed will certainly work more than reason. Waiting for more and more increases will, of course, motivate people to stay longer. But we all saw that Bitcoin could return to lower prices, although yes, I don’t think that this time the fall could be serious.

[btc78]

Right now my only plan once bitcoin corrects and its price lowers down is to buy more. $100k will not be the maximum price bitcoin will reach for sure and so I am planning on holding bitcoin hopefully until it reaches $200k with the thought of getting more coins of course

[Assface16678]

If the bitcoin price will reach $100k before halving, then what more after that? Imagine how the bitcoin price will rise. What is the exit strategy? For now, I don't have any plans to sell my bitcoin, even if it reaches $100k, because I believe that bitcoin will get more profitable. Imagine the profit you can make. Maybe the minimum I will sell my bitcoin is $200,000. Why not aim higher? But it doesn't mean I will sell all of my holdings—maybe a few—because I already calculated how much I get when the price reaches what I desire. But if it does not happen, then fine. I'll just wait patiently when I see a good opportunity to sell. But for now, yeah, I don't feel like selling because I want to keep holding like others do, and that's the reason why the bitcoin price right now is soaring. I also hope until then whales or big investors and holders won't sell their holdings.

[Ojima-ojo]

Whenever bitcoin price hits 100k, I am taking profit either before the halving or after the halving. I have different price level that when bitcoin reaches, I will take some profit. 100k is a good price for anyone that have started investing since  December 2022, as that investor would have up to 6x profit. There is a project that I will execute whenever bitcoin price hit 100k, because that is when I think it will be easy for me to take care of the expenses of that project, since I would have made good profit from my bitcoin investment. However, I feel that bitcoin price might reach 180k in the first quarter of next year. I am still using this time to accumulate more bitcoin through DCA

100$ is already a big profits most especially if you bought bitcoin at below the 20k level many are already taking profits and at the same time buying back when market correct backwards.


This approach have help many investors to make short term profits from the market volatility so instead of waiting for the price of bitcoin to get to 100k before they take profits by use of the DCA tool to caught in on little profits while they keep accumulating bitcoin all the way up, I think this is far more better than waiting until you reach a set target before taking profits, although this method also comes with it own risks that we need to acknowledge along the line.

[Woodie]

Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ?

Exit strategy you ask, well let's look at it this way...

You know how we have different traders in the markets with different take profits strategies, and different risk to reward approachs as others are scalpers, others are day traders and for some they are swing trader a category Hodlers can be slotted in...so depending on the kind of trader the halving could affect your profits but as for my strategy, am leverage trading the markets and regardless of a bullish or bearish market, I always find ways to profit from the markets!!!

What is your exit strategy  with bitcoin once it reaches $100k?

This price is insignificant with how I approach the markets , so not really excited or panicking to take out profits  

But will be nice to see more investments being pumped in here..