AmoreJaz
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March 14, 2024, 11:25:06 PM |
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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.
Every person has their own disposition on this market. But everyone should remember to mind their own business and not decide according to the hype or other people's suggestions. Because if you will listen to what other people are saying, definitely, you will be in panic mode because of the FOMO that you think you are feeling about the market.
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mirakal
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March 14, 2024, 11:35:20 PM |
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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.
This is why setting a desired price to sell from the start of investment is crucial. Because let’s admit it, everyone is greedy with how bitcoin price can far go. But if you will simply follow your emotions without creating a good market analysis, you might see yourself losing in the end. Sell when you think you’re already in profits, and hold if you see there are still high potentials for price increase later on. But always remember one thing, you navigate your own fate from your investment and success does not need to be dependent from other people’s views and insights. Stick to what you think is right doing, regardless of how bitcoin price will move in the next days or months.
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dothebeats
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March 14, 2024, 11:41:44 PM |
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I have sold 10% already when it hit $70k, and planning to sell more on $80k and completely at $90k. I also have a failsafe of selling everything at $60k should bitcoin lose steam and head back down to bearish prices. It's not perfect in taking all of the possible profits, but at least I'm still making more than what I initially invested on bitcoin.
Afterwards, I'll slowly start accumulating again and just do the same thing bull market starts to take form once more. It's a rinse and repeat process, but you must have the patience to do it for a long time.
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freedomgo
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March 14, 2024, 11:53:44 PM |
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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?
Honestly, I have no idea for now. But selling a small portion of bitcoin isn’t a bad idea after all. But let’s just wait when it happens, the market condition will help us tell what will be our next move. We are still heading to bitcoin halving, so most probably price correction is already expected. But hey, that won’t take too long because apparently, bitcoin price will recover soon in preparation for bitcoin bull run. History may have proven it, and probably this time when it comes to decision making, knowing the history is also a big factor.
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Dave1
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March 15, 2024, 12:20:29 AM |
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I have sold 10% already when it hit $70k, and planning to sell more on $80k and completely at $90k. I also have a failsafe of selling everything at $60k should bitcoin lose steam and head back down to bearish prices. It's not perfect in taking all of the possible profits, but at least I'm still making more than what I initially invested on bitcoin.
Afterwards, I'll slowly start accumulating again and just do the same thing bull market starts to take form once more. It's a rinse and repeat process, but you must have the patience to do it for a long time.
I also said before that it's better to sell it like a step ladder phase and not just in one go. However, I haven't sell mind at that kind of price. I mean everyone is looking to see it goes on a parabolic rise to $100k. And so that will be my first plan if ever we touch that price. However, I don't see the price hitting $100k before the halving, we have like 2 or more weeks before the halving. I'm not negative, but most likely we could push it as high as $80k but not enough to get it to the 6 digits, just saying.
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philipma1957
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March 15, 2024, 12:56:18 AM |
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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 am not exiting. I ladder up to 100k 10% I sell 10% from 100k to 150k I sell 10% from 150k to 200k I hodl 70% to next 1/2 ing
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so98nn
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March 15, 2024, 01:24:10 AM |
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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?
Yeah, everyone is enjoying the cool ride and I am still asking myself why I sold my most of the bits. I have saved much of them but now I am feeling I should have saved more. Bitcoin is one thing that is always gonna get on my nerves no matter how many bits I save on my wallets. The summer is almost here, and I hope BTC gets as colorful as it could soon. I think I should stop buying more of it as DCA wont work from here onwards considering the prices unimaginably high. I am looking for the exit strategy as well but everyone seems to be focusing on holding more and more. Seriously 100k is around the corner but cant be patient to see it.
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Out of mind
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March 15, 2024, 01:48:29 AM |
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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 price looks like it could reach $100k with the current situation and market upside. Although currently we have seen the highest Bitcoin market touched $73 thousand and this is the all-time high Bitcoin price. But we cannot imagine whether it will be possible to reach $100k before the halving. However, the current situation seems to make it more likely that the price of Bitcoin will touch $90,000 before the halving. But I think there's a chance that Bitcoin will touch $80k before the halving, and I'm imagining it. Although the halving is only a month away so we will see more changes in this Bitcoin market. And if bitcoin price reaches $100k before halving then I must sell it because after halving bitcoin price is dumping market a bit, so I will buy bitcoin again when market is dumping and hold till bull season.
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GreatArkansas
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March 15, 2024, 01:57:34 AM |
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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?
This number is already good for me, just in case we will reach this price, I will not do an exit, maybe partial take profit only is already enough. I have price target already on which price Bitcoin will reach, where I will sell some of my Bitcoins bought cheaper before. But after that I will not sell all of my Bitcoins.
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wallet4bitcoin
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March 15, 2024, 02:20:22 AM |
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Those who will want to see Bitcoin at 100k are the people that will be caught up with the trap. This doesn't mean that Bitcoin will not see nor exceed 100k but investors will sell off ahead of everybody's expectation.
If you are smart enough you will exit at 96k and below.
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Pi-network314159
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[btc] or nothing more 📈💹 up we go
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March 15, 2024, 02:36:55 AM |
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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?
For me I don't have exit plan, I plan to still accumulate more because Bitcoin price will still continue to surge high, so there is no point to be afraid because it will still grow Higher after having, when people start selling off another people will still buy and that will boost the growth of bitcoin.
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peter0425
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March 15, 2024, 02:46:23 AM |
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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?
This is how We see it now, looking at the market strongly holding 70k and up now as we are closing the halving? in some point this will reach at least for sure 80k and above that is the lowest bitcoin will take. Those who will want to see Bitcoin at 100k are the people that will be caught up with the trap. This doesn't mean that Bitcoin will not see nor exceed 100k but investors will sell off ahead of everybody's expectation.
If you are smart enough you will exit at 96k and below.
well that is what happening many times before , but remember this year is far different from other halving , we never seen this kind of action from the market in the past year but now? this is far different . so we might seen different approach this halving .
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Alana Arden
Jr. Member
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March 15, 2024, 03:45:19 AM |
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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 is no exit strategy to say with honesty about Bitcoin. When you want to get out, your profit depends entirely on you. I have heard and seen many of Bitcoin's ups and downs in the Bitcoin market. And every time, the prices have exceeded the record after halving. So I'm planning to hold Bitcoin. If the price of bitcoin reaches $100,000, I will not exit; I will keep my emotions under control. Rather, once the Bitcoin correction is reduced, I will start buying Bitcoin more and more. Because I believe Bitcoin will make a more profitable profit later.
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JimboToronto
Legendary
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You're never too old to think young.
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March 15, 2024, 04:03:46 AM |
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My exit strategy is to hold onto Bitcoin and live happily ever after, buying only as much fiat currency (in my case CAD and MXN) as necessary to support an excellent lifestyle.
I guess you could say I already executed my exit strategy. I exited fiat currency.
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Sexylizzy2813
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March 15, 2024, 04:25:47 AM |
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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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) with the thought of getting more coins of course Honestly $100k is not going to be the bus stop of Bitcoin price increment, it can even get past $100k and still counting, who knows it might even get to $200k like you said. Although Bitcoin price has dropped to $68k and $73k is the highest we have seen (correct me if I'm wrong), with the current price $68k I think some holders would a bit disappointed (that's where the panicking begins if the price doesn't go up) that it won't move back up but this is something that has happened before and I'm expecting it to start making a positive move anytime soon and this time it will surpass $73k.
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SamReomo
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March 15, 2024, 08:25:04 AM |
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What is your exit strategy with bitcoin once it reaches $100k?
It's March 15 and we are already seeing a price correction but if this goes more downward then it might be hard for Bitcoin to reach $100k before the halving event. I think it will be hard for Bitcoin to reach even $90k value before halving. My strategy will always be to sell Bitcoin when I see huge ups and buy it during dips. In case if Bitcoin reaches $100k per coin then I may sell some Bitcoin at such high rates after observing the market, and then when a price correction takes place, I will accumulate Bitcoin with the money I earned by selling some of it at high rates.
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stomachgrowls
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March 15, 2024, 10:54:00 AM |
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What is your exit strategy with bitcoin once it reaches $100k?
It's March 15 and we are already seeing a price correction but if this goes more downward then it might be hard for Bitcoin to reach $100k before the halving event. I think it will be hard for Bitcoin to reach even $90k value before halving. My strategy will always be to sell Bitcoin when I see huge ups and buy it during dips. In case if Bitcoin reaches $100k per coin then I may sell some Bitcoin at such high rates after observing the market, and then when a price correction takes place, I will accumulate Bitcoin with the money I earned by selling some of it at high rates. Market correction is really just that normal and now the price had corrected then for sure people would really be having that kind of panic and worries but for those who have been here on this market for years already then for sure they are already wary about on the situations that this market do have on where if theres pump then there's always have that correction and this is something that we should really be prepared. $100k isnt really that too far off. We did make $70k+ on ath and 30k lacking isnt really that too far off. This is why it would be best that once you do see these corrections then DCA would really be always the key and if you dont have the money then better hold your position. Exit strategy? This would really be that depending on a certain individual since not all would really be holding for too long and they would really be that trying out to sell on few % gains on which some would be holding like forever.
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krishnaverma (OP)
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March 16, 2024, 01:52:06 PM |
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Those who will want to see Bitcoin at 100k are the people that will be caught up with the trap. This doesn't mean that Bitcoin will not see nor exceed 100k but investors will sell off ahead of everybody's expectation.
If you are smart enough you will exit at 96k and below.
Why did you keep the gap of only 4k ? I wish that it does not sees a major correction at 95k otherwise you will also get included in affected people list.
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Fara Chan
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March 16, 2024, 02:13:50 PM |
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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?
Everyone is quite likely to exit after seeing the $100K price level for fear of facing a price correction that could also occur after reaching that point. But I even predict that there will be some people who get out early by dumping Bitcoin when they see the $80K or $90K price level for similar reasons. But for now I am still holding on and don't want to just let go of Bitcoin because reaching this price level could very well happen before the halving this year.
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YOSHIE
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March 16, 2024, 03:00:14 PM |
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What is your exit strategy with bitcoin once it reaches $100k?
Yes, this year's speculation is that many experts have published their ideas and analysis of the phenomenon that will occur in Bitcoin (halving) which will reach the $100k-$150k level, but all of that is only based on speculation and predictions, honestly if I refer to professional observers in assessing the price of Bitcoin when the halving occurs, the prediction is only around $80k. And from other factors, which can believe that Bitcoin will most likely break $100k in the next halving period, in 2028, many professional observers say so, for this year maybe not, it's all based on the opinions that I know.
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