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

[krishnaverma]

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?

[arhipova]

I am into bitcoin for long term now. Will not make the mistake of selling for instant profits like thousands of past investors. Always look for bigger picture and think long term when investing in bitcoin. We may see the price of 1 million per bitcoin in few years and if we exit at $100k , we will be in lot of loss.

[D ltr]

I have placed a price of 80k$ to release my btc because at that price I have already made a decent profit, if the halving reaches 100k$ that means it is not my fortune, crypto predictions are sometimes out of control if the halving is less than expected then funds will be held until the session furthermore

[bitzizzix]

It all comes back to each investment strategy and goals, if $100K is your goal there is no harm in selling as long as you sell in a profitable situation.
However, I personally treat Bitcoin for the long term and for my retirement or old age. So most likely I won't do it considering that I'm not over 50 years old, and it's all aimed at making me feel comfortable, safe and secure in my old age with my family from a financial perspective.
And when a correction occurs I will take advantage of it to accumulate more Bitcoin because this moment is a discount I cannot miss, and I have experienced several times the huge profits I enjoyed. And for now with the Bitcoin that I have so far, for my future or my old age because I am sure that in the future the price of Bitcoin will be much higher.

[zasad@]

https://news.bitcoin.com/mega-whale-resurfaces-1000-vintage-bitcoins-from-2010-moved-as-btc-peaked-at-69210/
"Mega Whale Resurfaces: 1,000 Vintage Bitcoins From 2010 Moved as BTC Peaked at $69,210
On March 1, 2024, an infamous and vast bitcoin mega whale moved 2,000 vintage bitcoins from 2010 and now, four days later, on March 5—the day bitcoin hit its peak value of $69,210 per coin—the same entity transferred another 1,000 bitcoins from 2010."

Everyone's a Scammer  
https://nakamotoinstitute.org/mempool/everyones-a-scammer

[aoluain]

Now that $100,000 is "just around the corner" I think it will be too early to have an "exit"
strategy, maybe it will be a plan to take some profits just before the €100k mark. there
could potentially be a sell off as it reaches that mark IDK but everyone has been waiting
for "One hundred thousand" for a very long time but it will pass and go much higher for sure.

There will be people who have an exit strategy but I think its too early.

[Nrcewker]

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 are holding the coins from long term, then 100k should be a good target to cash out. Many have bought the coins when it was around 25k usd. They have been waiting for now few years. So definitely it’s time to reward themselves. Bitcoins are steadily approaching towards 100k usd. Hence it’s beneficial if they withdraw at that time. Once the price goes correction, they can again buy for cheap and hold again to make maximum profit.

[Fivestar4everMVP]

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 honestly do no think that bitcoin will reach $100,000 before halving, though I am not saying it's completely impossible, but it's hard, and if this does happen before the halving takes place, I honestly do not have any plan currently, which also means that, I will be holding still, I might decide to take some profit, but then, I still will be holding for I believe that, if bitcoin reaches the price of $100k before halving, there is the over all chances that the price could go alot higher after the halving comes and goes.

We can can remember that in previous circles, we usually don't get to see any major bitcoin price movement in the upward side until after the halving have come and gone, but this circle seems a bit different from the others, this is why I still believe that this season's bull run might be the biggest we've ever seen and might ever see again in the entire history and future of bitcoin and crypto currencies in general, so, we all should not fumble our bags no matter what, you might sell hoping to buy back at a cheaper rate after price correction, only to end up either buying back at a higher price, or stay locked out from participating and gaining from the upward price movement.

[thecodebear]

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?

lol who are these "many" people predicting $100k before the halving? Probably the same sorts of people prediting $500k this bull run lol. Halving is what like 5 weeks away. $100k before the halving is extremely unlikely. That is at least plenty of time for it to potentially move over $80k, but $100k is quite a stretch. If it goes to $100k that quickly this is going to be a short bull market and the bear market is gonna hit later this year. Price is bound to have a correction at some point. I wouldn't be surprised to see price go over $80k before the halving but potentially be in the $70,000s when the halving hits if a correction is currently going on.

[famososMuertos]

If we talk about a strategy for that price I think we are speculating but we are not on that board, since we are not there, and if we think about an action it would be a matter of commerce, but if we put the idea in the discussion of bitcoin, which is where you published , it is rather a social, economic, revolutionary and otherwise attractive milestone for those who have ignored it to repent.

 A new stage of projection would begin that will depend on the price correction based on that mythical figure, but first let's get there, and let's continue celebrating as it continues to maintain above +70k, even maintaining above 60k before Halving is simply exceptional.

[bitLeap]

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 it is true that reaching $100k by cashing out Bitcoin is feasible for me, because as small holders we just need to be good at taking profits, I gradually start sending them to exchanges to prepare. Because what I mean is the halving phase, Bitcoin transactions will definitely be busy and the fees will be high. Therefore, my current strategy is to monitor the mempool, if transaction costs are below 20 sat/vB then it is a good time to send. Yes, I as a retailer also need to consider costs a little, the question is whether $100k will really be reached, it looks like I will divide my holdings into several sell entries.

[headingnorth]

What if the usual bitcoin cycle no longer applies anymore? The usual boom and bust cycles where you have huge run ups in the price followed by a massive collapse into the bear market may not apply this time, as major institutions and governments start to adopt bitcoin and it becomes widely recognized as a bona fide institutional asset. Which may lead to bitcoin becoming much more stable and true store of value, where you don't have to constantly worry about the right time to dump it all before the massive crash, or when it does crash the drop won't be so dramatic.

So I would feel comfortable treating my bitcoin more like a savings account where I only sell a little at a time, for example when I need money to buy a car or paying the rent or mortgage, taking a vacation or whatever. If bitcoin is truly a store of value then it will be treated more like a savings account where you withdraw only as needed for your everyday purchases.  





  

[leonair]

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 cannot be said for sure whether the price of bitcoin will go to $100k before halviing but it can be said that bitcoin will go to $100k.  Bitcoin has just crossed the ATH but it is behaving a bit stable now and it seems that it will take a long time to show the next reaction. So I can't say it will happen before halviing. Again there is no guarantee that this will happen. So when someone invests in Bitcoin it should be long term so that he can enjoy all the advantages of bitcoin

[goldkingcoiner]

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?

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

[Asiska02]

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?

You’ve said it all, bitcoin continues to rise and people are already expecting it to reach $100 before the halving takes place which is just less than 40 days from now. If that happens, it signifies that bitcoin still has a long way to go and will reach a bigger price value that we will least expect from it. This is a good sign to hold till then and not to exit at this time. Bitcoin could go as far as making another x2 from the price it reaches before the halving, so why sell when you have a bigger profit awaiting you if you just remain patient and hold.

So I would feel comfortable treating my bitcoin more like a savings account where I only sell a little at a time, for example when I need money to buy a car or paying the rent or mortgage, taking a vacation or whatever. If bitcoin is truly a store of value then it will be treated more like a savings account where you withdraw only as needed for your everyday purchases.    

Bitcoin has risen dramatically since its inception and till today, using it as a store of value is just concerned by a few number of individuals. Bitcoin has a consensus it has been following and I believe it will continue to follow that path for years to come from now. If you wish to use it as a store of value, it just makes a lot of sense because in its initial purpose, it should serve for that. But due to large number of people using it for investment purpose and some other factors attached, its volatility nature will continue to prevail and makes it unlikely to remain at a particular price and be regarded as a store of value for a long time. The concept of the store of value will make more sense without the volatile nature of it, but since it is not, you’ll only get to be profitable when the price is on high value.

[m2017]

I honestly do no think that bitcoin will reach $100,000 before halving, though I am not saying it's completely impossible, but it's hard,

I am of the same opinion. The hype about this obscures the fact that the market never moves according to the crowd's expectations. What happens in the cryptomarket is what most people least expect.

and if this does happen before the halving takes place, I honestly do not have any plan currently, which also means that, I will be holding still, I might decide to take some profit, but then, I still will be holding for I believe that, if bitcoin reaches the price of $100k before halving, there is the over all chances that the price could go alot higher after the halving comes and goes.

And again, I agree with your words that there is no plan for this and probably, at a price of $100k, will want to take some profit, because I also have fears that the subsequent correction will be impressive and it will be better if at least part of bitcoin is cashed out. The correction will allow to accumulate bitcoin again.

We can can remember that in previous circles, we usually don't get to see any major bitcoin price movement in the upward side until after the halving have come and gone, but this circle seems a bit different from the others,

The current cycle has turned out to be anomalous.

this is why I still believe that this season's bull run might be the biggest we've ever seen and might ever see again in the entire history and future of bitcoin and crypto currencies in general, so, we all should not fumble our bags no matter what, you might sell hoping to buy back at a cheaper rate after price correction, only to end up either buying back at a higher price, or stay locked out from participating and gaining from the upward price movement.

So, to be honest, I don’t even know what to expect. The atypical movement of bitcoin makes this asset even more unpredictable.

[Spaceman1000$]

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?

$100k is seriously on a high side, let's not start counting our chicken before they hatch. I know as human beings, it's our prerogative to predict the future and it's possible outcome, let's be patient to see what the ATH will look like this time around. if you've been hodling for all these times and it gets to $100k, then I believe you most have gotten a return of your investment in doubt folds, and in business you take profit hence it comes out successful, however i believe every individual have their own idea and what to do when it gets to that stage.

[Z_MBFM]

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 cannot be said for sure whether the price of bitcoin will go to $100k before halviing but it can be said that bitcoin will go to $100k.  Bitcoin has just crossed the ATH but it is behaving a bit stable now and it seems that it will take a long time to show the next reaction. So I can't say it will happen before halviing. Again there is no guarantee that this will happen. So when someone invests in Bitcoin it should be long term so that he can enjoy all the advantages of bitcoin

I agree with you that it can happen and also not happen anything can happen with crypto. no one can guarantee there prediction. so everyone should invest on bitcoin for long term. i miss pervious opportunity. When bitcoin price dropped to $15k I was waiting for it to drop to $10k but that bitcoin is now around $72k. I was aware of and believed in Bitcoin's 4 year circle but lacked confidence. Ever since I have full confidence in Bitcoin. i have also have confidence in bitcoin price will hit $100k but it will before halviing or after halviing i am not sure

[Asuspawer09]

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?

There was no way to know the peak of the market, I mean there were too many factors on it so it's almost impossible, there are only a few traders that will be able to sell at the park of the market and probably lucky enough to do so, In my opinion, the best exit strategy to do so is selling a small percentage of your money probably like around 10-20% of your Bitcoin every time it's going to reach its new high, it's not going to be guaranteed for sure but it's the safest it's going to be guaranteed at least to make a profit on it since you're always going to sell at the top of the market, you're just predicting the possibility of breaking new high again, like, for example, sell a small percentage when the market reach 80k,90k,100k, and so on. The market could immediately make a correction, especially at this market price and we could already see how the market slowed down so we are definitely near to a correction if you are going to ask me.

I mean profit is still profit, and if you are planning to sell everything before the bear market selling a small percentage is going to be a good exit strategy, still you could still have Bitcoin on hold for more years or months unless you get caught up by the drop of the market, then you could hold that for longer term hoping for a higher price, but as long as making a profit I would sell it on my certain price goal every time its hit it, then save it on the bank accumulate this sold Bitcoin ready to reinvest again when the market price drop or probably getting ready for a for safer investment like real estate that could generate me passive income.

[avikz]

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 honestly think that I will exit from Bitcoin if the price reaches 100k USD. We have few more halvings to go and the price of Bitcoin might go to 200 or 300k in future. So I might book a little profit to fulfill some of my wishes but will not take a complete exit from Bitcoin.

I mean it really doesn't make sense for someone who is watching the Bitcoin market very closely since 2013. I have seen many ups and downs but in longer term, Bitcoin has out performed all other investment assets available in this planet. So for me it doesn't really make sense to take an exit.