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Author Topic: Bitcoin might reach $100k before halviing. What is your exit strategy?  (Read 899 times)
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March 16, 2024, 05:45:08 PM
 #61

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?
Currently the Bitcoin market has grown a lot. I think Bitcoin could rise in this pumping market and reach a high of $80,000.  Since Bitcoin is reaching its new ATH right now, $80k might be my target. Then since we are not technically analysts we cannot do proper analysis. But I think bitcoin won't reach $100k before halving Bitcoin may reach $100k-$170k in upcoming bull market after halving. But market analysis is not the end of investment, only if you can go with the investment, market analysis will be successful.

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March 17, 2024, 01:20:46 AM
 #62

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.
thats quite pessmistic take from the observer since considering bitcoin reached all time high in no time, basically in a blink of an eye and it already scored new all time high $80k is totally pessimistic take here.
i think $100k is really realistic target since it can be climbing even higher at some point.
remember that we aren't even halving yet and we are already scoring all time high isn't that already great?
but I understand though maybe the observer are worried that the big whale holder like grayscale or anything similar are dumping their bitcoin so they become concerned.
so far I think we will see how the market will be really turning out when the halving finally occurs.
price dipping that we are having right now is absolutely normal from my point of view eventually happen, if it happens now and the price pull isn't that significant i can be rest assured that the next rally will be massive one.
hopefully i'm right and we will see altcoin season and bitcoin season going about and scoring massive profit for majority of us that faithfully holding since ancient times.

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March 17, 2024, 02:16:40 AM
 #63

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.
You mean for Bitcoin hitting price $100k before the halving, we should not expect or put high hopes on what we may not get chances of experiencing, it will be a tough one to see Bitcoin skyrocket so quick reaching that price, not forgetting how close we are to the halving and current correction happening. We can be more realistic to meet Bitcoin at $80k before the halving happens.

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March 17, 2024, 07:04:27 AM
 #64

I'm not very sure that bitcoin woudl reach 100k before the halving even if we just exceeded our last ATH, we shoudl more be expecting a retracing of price or a dip to occur, and that should be the plan now, so I guess you should be preparing a reserve funds to buy if that dip comes so you can get some extra benefit from after the halving when bitcoin reaches 100k.

Exist strategy is simple sell as soon as it reaches 100k or sell some part and wait to see if the price continues to increase so you dont utterly miss out on everything.

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March 18, 2024, 05:02:11 AM
 #65

It all depends on your own plans and what you're aiming for. If you're selling Bitcoin to reach a certain goal, like financial security, then it makes sense. For me, I see Bitcoin as a long-term investment, something I'll rely on when I'm older. Whenever there's a market dip, I take advantage of it to buy more Bitcoin because I believe its value will keep rising in the future.
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March 18, 2024, 11:53:58 AM
 #66

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 had a big mistake in the last bull market where I sold my bitcoin to buy from dip and since then bitcoin has gone up a lot. So I don't want to repeat that mistake. I am very optimistic about the current bull market. I think Bitcoin will cross the $100k target before the halving. I want to hold my bitcoins up to a specific goal. I don't want to push myself to quit right now in my current condition. Although the current market is a bit bearish, it will turn bullish again at some point. I am not worried about the temporary price correction. Rather, I am trying to figure out how I can increase my portfolio in the next few days. Those who want to hold Bitcoin for a short period of time have already fixed their exit points.

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March 18, 2024, 05:04:18 PM
 #67

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?
Well, with the correction that happened a few days ago, it seems like this prediction will not happen anymore.
I mean I don't see Bitcoin moving from $68,000 to $100,000 in just a span of 3-4 weeks. That's just insane if it really does happen.

Bitcoin's price increase a few weeks ago before the correction happened just surprised many investors, and for sure many got FOMOed as well that's why we saw Bitcoin went to as high as $74,000 which is the new ATH by the way. What's my exit strategy? I'll be selling a portion of my Bitcoin holdings at $100,000 then another at $120,000 and then another at $140,000. I'll keep some, and sell it all at $150,000 but if it will not reach that price and decided to go down then I'll still sell all of my Bitcoins maybe at the $120,000.

We have all different exit strategy for the upcoming bull run. What's important is we end up profiting from our investments. Always take note that never buy at the peak. Buy when we are on a bear market.

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March 18, 2024, 06:03:54 PM
 #68

I'm not very sure that bitcoin woudl reach 100k before the halving even if we just exceeded our last ATH, we shoudl more be expecting a retracing of price or a dip to occur, and that should be the plan now, so I guess you should be preparing a reserve funds to buy if that dip comes so you can get some extra benefit from after the halving when bitcoin reaches 100k.

Exist strategy is simple sell as soon as it reaches 100k or sell some part and wait to see if the price continues to increase so you dont utterly miss out on everything.
With the current price corrected to reach $67K after surpassing the last ATH, of course this is not good news. Bitcoin seems to be locked at $73K and has no ability to move before the halving.
I think the surefire way you said is to prepare reserve funds if there is a downturn, so that you can buy at a cheap price and just wait until after the halving period there will be an increase again.

If it happens this year, it could reach $100K. Of course, we also need to sell some to avoid it being the last ATH, even though the prediction is ATH in 2025. But be always prepared, so you don't miss out on making a profit. we always have to carry out the right strategy because the bitcoin situation is very unstable and confusing.

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March 19, 2024, 03:14:24 PM
 #69

I have no exit strategy, life is my exit strategy to be fair. Why? Well simply because I am talking about a situation where I would need to just focus on what kind of money I have and what I need, and if I need the money at that moment then I cash out, if I do not need it then I will keep until I have enough money (200k dollars) to retire. This is just that simple, there is nothing wrong with waiting and not having a plan.

Most long term holders like me do not have a plan for it, we are dealing with something that will take some time but we are not doing anything crazy at the moment. We should just focus on what to do and hopefully we will do something much better by just holding and making a bigger profit from it.

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March 19, 2024, 03:27:58 PM
 #70

Well, everyone has their own price target. Personally, $100k before the halving is a high price, and I would probably take advantage of that. If a price correction occurs, then I might buy again if the potential is still large. If $100k was reached before the halving, then after the halving, the price may go even higher. But, I would probably sell if I had a lot of bitcoin at that time.


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March 19, 2024, 08:49:22 PM
 #71

Well, everyone has their own price target. Personally, $100k before the halving is a high price, and I would probably take advantage of that. If a price correction occurs, then I might buy again if the potential is still large. If $100k was reached before the halving, then after the halving, the price may go even higher. But, I would probably sell if I had a lot of bitcoin at that time.
At first, I also predicted that after passing the ATH, that Bitcoin, with still a month left to reach the halving period, would be able to reach $100K. But looking at the current situation where the drop has reached $63K, So I doubt it will happen before the halving period. Maybe it will be after the halving period that Bitcoin can do it.
But there is still quite a long time But something different could happen and we can't know it.
But this is actually the time to buy again if it is corrected, because the opportunity is there.
I remain confident that the increase in bitcoin will remain high after the halving period has passed, but at what price it is certainly very difficult to predict.

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March 19, 2024, 09:28:43 PM
 #72

What is your exit strategy  with bitcoin once it reaches $100k?
I had an exit plan before last ATH once Bitcoin hit 100,000$. However, as the predictions raised considerably since then, I don't think an exit plan is needed anymore once BTC hits the mark, because Bitcoin is expected to still hit 150,000$-200,000$ until the end of this bull season. So, I'm going to wait till 150K at least... Then I'm going to get rid of most of my coins, although I still pretend to keep a portion of it for the future, because we never know, and Bitcoin can still surprises us in future bullish cycles, although I think the current one is the HOT opportunity holders should finally cashout their profits and enjoy the money.

After all, people are holding for more than 10 years already... It's time to use the money before you are too old to do so. Enjoy life! That is the purpose of everything, after all. Be thankful for what you achieved and put this money into good use!

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March 21, 2024, 04:31:31 AM
 #73

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.
No not all because some are not yet into BTC. Some are already here but the problem is they sold their BTC earlier just like what happened to you. There are also people who just bought recently, so selling now won't still give them a good return. Summer would be for vacations and it's going to be a double treat once BTC reached $100k during it.

We won't worry anymore about our expenses when going to the beach. DCA strategy is about buying while disregarding the price, so don't say that it does not work anymore. See? You even notice that people are planning to buy more than to sell. The price may be high now but we are still going to sell higher than it, therefore we still can be able to profit.
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March 21, 2024, 09:13:38 AM
 #74

setting a stop loss is the only strategy up my sleeve. there is a specific percentage i have set to lose from my entry point that if it dips to a certain low for now i intend to hold it.
However, my eyes are on the market trend and fundamental news that can affect it. if it tends to go contrary to my outlook i will have no option but to exit the trade.
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March 21, 2024, 09:31:20 AM
 #75

Well, I'm going straightforward. If that ever happens ($100k), I no longer hold waiting for the new ATH but rather take the opportunity.

But there is the reason why people don't think that much because most of us believe that new ATH comes after halvings, usually a year after. I couldn't say no but the possibility is very slim. In fact, after reaching $72k, the price of Bitcoin drops again which I see it was hard to achieve when investors are not holding tight their BTC. Of course, there is always temptation and selling could really be possible.

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March 21, 2024, 02:43:56 PM
 #76

Bitcoin reaching $100+k before the halving is not possible again because the movement is slow right now and it has hit the All Time High for this season and the probability prediction to hit $100+k in this season will happen after the halving and the halving is just three weeks to go. And most of us do not know how the halving looks like because we are only hearing and not seen it before. And bitcoin might be on the range of $65k-67k until the halving and within the halving Period the price might come to to $56k and above and that's my prediction of the price now. But everyone has their own opinion on the price.

And all what we what is to hit the $100+k for us to sell market.









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March 21, 2024, 05:20:18 PM
 #77

setting a stop loss is the only strategy up my sleeve. there is a specific percentage i have set to lose from my entry point that if it dips to a certain low for now i intend to hold it.
However, my eyes are on the market trend and fundamental news that can affect it. if it tends to go contrary to my outlook i will have no option but to exit the trade.

As long as you have a choice after setting a stop loss as your initial trading strategy, of course you yourself will know what to do when conditions occur that you don't want to occur in the market. Because this only works for traders and will not have enough influence on those holding assets in the long term, but the option to exit a trade before re-entering at a certain point is also not wrong for you to implement as long as you still have the ability to come back again and get profit.

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March 21, 2024, 05:47:24 PM
 #78

Bitcoin reaching $100+k before the halving is not possible again because the movement is slow right now and it has hit the All Time High for this season and the probability prediction to hit $100+k in this season will happen after the halving and the halving is just three weeks to go. And most of us do not know how the halving looks like because we are only hearing and not seen it before. And bitcoin might be on the range of $65k-67k until the halving and within the halving Period the price might come to to $56k and above and that's my prediction of the price now. But everyone has their own opinion on the price.

And all what we what is to hit the $100+k for us to sell market.

The dip in price during or immediately after the halving is expected and that's when we should be careful with our trades and set a clear strategy strategy and expectations. I have my own plans wherein the DCA will continue without any major changes but I would be more active in monitoring the market to see if I could buy some more when the price dips (as expected) as the post halving days would be the final opportunity if the Bitcoin starts rallying towards $100k. Even if it hits $100k I wouldn't place a direct sell order rather set my risk ratio and place OCO order to get the maximum out of it with minimum risk.









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March 21, 2024, 09:01:40 PM
 #79

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.
Its actually possible to see bitcoin price reaching $100k-$150k but the common question is when it will happen. Honestly, it’s more realistic to see bitcoin price reaching $80k and eventually sell some of your coins if you think you have gained sufficient profits for you to benefit. But most probably in my own opinion, until bitcoin bull run is not over yet, then I’ll just keep on hodling my coins and will only plan to sell them before bullish season takes over the market. However, it’s still a lot different when you’re already in a real scenario, you might end up not sticking on your plan.

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March 21, 2024, 11:43:55 PM
 #80

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.
Speculations remain to be uncertain until proven true and guaranteed. Although $100k would bring a lot of profits for us but I can really see that bitcoin price will not suddenly jump to that price. Most likely, price correction might appear first before we hit that price.

Now, if ever bitcoin price will hit that, then selling would be my last option. But I won’t sell everything I have as I need to think for long term and accumulate more bitcoin so I can still gain profits in the future.

R


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