If Bitcoin finally reaches 100k will you sell?

[bigmanik]

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
Well that aside back then I actually told myself that if Bitcoin gets to 80k or 90k I will sell but for some time I've been having second thoughts
Maybe it's the forum that is changing my perspective because people here are the real supporters of Bitcoin
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine


What about you?

[Charles-Tim]

I can only speculate what could happen around that price. If bitcoin get to $100000, there would be a resistance at that price and bitcoin price may drop back to $95000. The bulls will need to push the price higher again before $100000 can be a support. I see it more for trading. Holding in long term would be after 2026 for me.

[Rhema_Artz]

When BTC finally reaches $100k na jolly news be that one nau... I no go sell yet... I go hold more...

[SuperBitMan]

It all depends on one's target, some people have been accumulating Bitcoin for years now even when Bitcoin was not up to $30k in price and they have been waiting patiently for Bitcoin to hit $100k so they can sell some of there Bitcoin and continue holding the rest, however for those of us that has not gone far in our accumulation I see no reason for us to engage in selling our Bitcoin when it finally Hits $100k as for me I will keep accumulating and holding because $100k is not my target.
Those that started accumulating Bitcoin when it was not up to $30k will benefit more if they decide to sell when it hits $100k.
Bitcoin reaching $100k is not a big deal anymore is already close to it and will surely hit $100k and still go beyond that price.

[MainIbem]

What about you?

I'm not very certain though but I think that based on our current economic situation and if it continues to get worst by then, lots of people who were opportuned to start holding when the price dropped to 48k, 50, 60 and then witnessed an upsurge to 100k or more would be tempted to sell some portion of their holdings for survival, times are hard currently and what an average Nigerian care abouf currently is survival and at that point some would forget discipline and holding for long term. However in the right sense, someone who just started their investment journey In the interval of months, 1year, 2-3 years shouldn't be in a haste to take profits, you need to have invested for about 4-10 years before considering selling and not just all but some portion left for me I think about 20-30 then continue holding the remaining 70k and using a good method continuesly. Left for me I don't think I'll sell and in a worst case scenario I'll only sell 20-30% like I stated.

[bigmanik]

What about you?

I'm not very certain though but I think that based on our current economic situation and if it continues to get worst by then, lots of people who were opportuned to start holding when the price dropped to 48k, 50, 60 and then witnessed an upsurge to 100k or more would be tempted to sell some portion of their holdings for survival, times are hard currently and what an average Nigerian care abouf currently is survival and at that point some would forget discipline and holding for long term. However in the right sense, someone who just started their investment journey In the interval of months, 1year, 2-3 years shouldn't be in a haste to take profits, you need to have invested for about 4-10 years before considering selling and not just all but some portion left for me I think about 20-30 then continue holding the remaining 70k and using a good method continuesly. Left for me I don't think I'll sell and in a worst case scenario I'll only sell 20-30% like I stated.

But my fear is that there will be a resistance at that level and that resistance will not be easy to cross for Bitcoin
And then can actually lead to a bearish run
I know say surely surely Bitcoin will pass the 100k mark again but im thinking about the time it will take
It may even take years
And by that time you may want to sell and that will be at a lower amount
But I agree with you in selling some percentage of the Bitcoin
Instead of selling all

[Barikui1]

They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine


What about you?

Bro you asked a very good question here, but you need to know that at the end of the day, it's all about the money, with the kind of huge potential Bitcoin has, 100k is nowhere near the actual value of Bitcoin in like 10 to 20 years time from now, so it actually not logical to sell even at 100k, I believe that Bitcoin has the capacity of going up to 1million dollar, so it's best you hold on tight, not for love of it, but for your own financial interest.

Then talking about the statement I made bold, do not generalize it, not everyone here in this forum loves Bitcoin, they only loves what it brings to the table, in other words they are after only their own interest, or if I may ask, would you have confidently buy and hold Bitcoin if it was behaving as shit coin and alt coin does?
No, I believe you wouldn't even do that, it's because of what you stand's to gain that's why we all invest in Bitcoin, so it's more of interest than love.
Or I would say that what's the point investing if it's not for wealth creation?
Bro you actually don't need a seer to think and act smart, it's more of interest bro.

[Hatchy]

I can only speculate what could happen around that price. If bitcoin get to $100000, there would be a resistance at that price and bitcoin price may drop back to $95000. The bulls will need to push the price higher again before $100000 can be a support. I see it more for trading. Holding in long term would be after 2026 for me.

Definitely what I would expect. For every round off number in price,(let's say 10, 100, 200 etc)  there is always a correction more like a support or resistance zone to hold it. I've even seen some famous traders who speculates such zones and take it as a confluence to trade. As for op questions, people whom has held their coins for a very long time upon getting to $100k, they might wish to sell it they want to. Again if you have already gotten enough profits from your holding you can sell off some of your coins and actually wait to see if price will drop a bit lower, then buy it back. This will give you even more profits along the way.

[CryptopreneurBrainboss]

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine

Nothing wrong in taking profits and waiting for the bear market to invest back unless you're financial okay that you won't need to touch your Bitcoin for years to come and you'll still be alright.

No go dey follow people do hodling when in just few weeks into the bear markets, you done rush dey sell because of fear or you no get emergency money and now you go dey sell in loss when you for fit take profit then and buy back in the bear market.

Just so you know, the ups and down of the market is a constant factor that'll happen whether we like it or not so if you sell, there'll always be an opportunity of buying back but no dey in a rush too to sell.

Try make sure you're selling at almost the peak of the market since person no fit get the exact top correctly so when you they buy back, you fit get more Bitcoin for less fiats. Sha everybody different and no two person dey alike so I no know your pocket but no take decision wey you no fit follow through.

[Salahmu]

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will,

What about you?

Although I'm wondering were you get the idea that some persons do not believe that Bitcoin will reach $100k because everybody here knows Bitcoin very well that $100k is even a small price to be compared with what is coming, so perhaps you were misunderstanding those that was arguing about the possibility of Bitcoin hitting $100k before 2025, so actually the talk was just about this year and not in general speaking of the years to come.

So actually in terms of your already invested amounts on Bitcoin, e go make sense if you they put am more money inside make in they big because you no say the way you they take grow am na so profits go enter am, me I done gather plenty Bitcoin and I still they see myself like person way never get anything, so as I they hold na so I they put am steady.

[DPHOR]

What about you?

Every body with the way they have decided to manage their resources and investment if they feels that getting to 100k they won't sell then fine, but to me I am solely here for investment and profiting. Meaning, if my target is reached I don't mind selling and take profits then wait for another best opportunity when the market will drop below to expectations I will buy and accumulate more again, eagerly ready waiting for the next bull run to take profits as usual.
There is nothing bad selling bitcoin and take profits and when the market is down you can refill your bags again to enable you stand in a better position next bear run to buy and accumulates as much as possible.

[Marvelockg]

What about you?

I will say it depends wether or not things goes out the ideal way I've planned my investment and also if there's a feasible thing in place that I can redirect the money yo that will yield greater returns compaired to leaving it for longer period and hoping that Bitcoin goes past the $100k mark. If there's nothing really feasible, I wouldn't sell even at $100k because the tendency of mismanaging it is there and to avoid such possibility, it would be better I leave it thier.

Everyone has thier own plans and for some, they can't even wait for Bitcoin to get to $100k before selling a portion of thier holding. Some sells theres immediately they have minor challenges and have drained down there holding to a point that selling at $100k wouldn't even place them in a good profit.

No one accumilates Bitcoin without a plan of taking out profit at some point and honestly, the beauty of investment is that you're even profitable at it. If my financial plans allows it, I wouldn't sell it even if Bitcoin gets to $100k by the end of the year and I haven't accumulated a good chunk of Bitcoin yet but if my finances aren't strong enough and that's the only option I have, it's still a good thing to do.

[Marykeller]

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine

You see Bitcoin profits and its losses, nah individual head ooh wey em be. Na why em be sae everyone supposed get their target price for mind so that when Bitcoin gets to that price they sell off because that's the price they already have in mind all along not what they hear about people speculating about Bitcoin price to reach in the future cos you see nobody can predict correctly what Bitcoin go be by next year and upper years. What we can only assume make Bitcoin go reach a certain price like $100k or above based on wetin the market be currently "bull run". If to sae we d bearish market, people for no d anticipate of a higher price like this, instead na a lower price dem for the anticipate.

[Churchillvv]

Personally whatever price bitcoin reaches whether it gets to 100kish price line or below, it's not a time to want to argue with ones self rather it's time to take profit and hold what you seem to be comfortable with even when the market gets volatile as possible.

Even if the forum is a place of speculation and bitcoin supporters you shouldn't be misled my others opinions because everyone here is just predicting and none is certain. so if you have the zeel to to keep holding even when the price high do it at your own risk but what I can tell you is that taking profit should be your most priority.

[Lida93]

Well I know Bitcoin has not reached 100k yet and some of you don't actually believe that Bitcoin will actually reach that level but trust me it will, it might take time but eventually it will
Well that aside back then I actually told myself that if Bitcoin gets to 80k or 90k I will sell but for some time I've been having second thoughts
Maybe it's the forum that is changing my perspective because people here are the real supporters of Bitcoin
They don't just do it for the wealth but also for the love of Bitcoin and for some reason I now feel that even if Bitcoin reach 100k I still won't sell mine


What about you?

it gets something way you the miss here, every investor get target and why him the invest. E get persons way the plan na towards 90k or 100k because them believe say na within that range nah the bull run go finish before we start to enter the bearish season. For this set of investors then prefer to to sell their portfolio then the wait till the middle of the bears when price don drop for them to start buying again towards the next circle.

But it gets other people wey their plan na to hold for years probably two circles so those set of persons no go fit harbour the idea of selling but rather go focus on more accumulation even when price go 120k come later the fall back sef. Maybe nah those kind of people you fit the refer to as people wey get love for bitcoin. Op make you no allow people to influence how you decide to invest and hodl your portfolio or when to sell, just watch and study the market, try the do your own analysis and from there know when could be the right time and price for you to sell. No go the follow people

[Odohu]

For people like me that did not start building a bitcoin portfolio early, selling have not entered our dictionary so even if Bitcoin reach $500k on this market cycle, I will not be selling yet because I'm still in the accumulation phase. I have a target on the number of Bitcoin I want to get before I relax and not even seeing big profits will deter me from pursuing that target. I know some people will suggest selling at the peak of the coming bull market, which is around 100k, and buying back during the following bear market. This method is not bad but I will not use that option to avoid emotions messing things up for me. I much sell and not able to replenish the Bitcoin, so to avoid that, I rather keep my money in Bitcoin.

[Y3shot]

100k is what most people have been anticipating and always speculating when it will come. It won't be bad to take profit at 100k specially for those who have been investing when the price of bitcoin was very low. The essence of hodling bitcoin is to make good profit, hodling is not just done for hodling sake but their is a reason why it is been done. If at100k one is not yet satisfied with hodling so far, then it is not bad to keep hodling till when one is okay with the profit that has been made so far.

[Egii Nna]

What about you?

Holding bitcoin is not done for love or for wish, but just to get profit. Again when looking for that profit you have to stick to your plan, if not you will still regret and go with the smallest profit but you won’t know until the future is there.

Bitcoin price is never stable. Knowing well that even if bitcoin reaches $100k it will still drop and is some time it will still go more than that. So what will be your essence of selling your investment when you know that if you are patient and hold it for long time you will get a lot of profit than selling them at $100k?

For me even if bitcoin hits $100k I won’t sell it but keep buying and still waits for my plan of holding bitcoin for a long term, which will help me to get a lot of profit that I will ever expect. So the best advice to everyone is even if bitcoin hits $100k, don’t be so greedy that you won’t stick to your plan of long term investment. If not, you will cry in the future.

[Coyster]

I go sell, but i no go sell everything na, if i wan enter other investments or i wan buy something, i go sell some, use the money run wetin i wan do, but i no go fit sell all the bitcoin wey i get, come convert am to Naira, that one na foolish move na, Naira wey dey depreciate everyday.

Even if you wan sell all your bitcoin, e better say you convert am to stablecoins backed by the dollar, but you go sabi say risk dey when you dey hodl stablecoin, so you go decide wetin dey better for you.

[Pokapoka124]

Nor follow crowd mouth, experience don show me say nor be everything wey people talk na them dey do. Some people fit whine you say them nor dey interested in bitcoin for profit. Nor go dey make your decisions to hodl or sell based on people talk because you nor know wetin them dey do for their own side. If bitcoin knack 100k I go sell part of my investments then wait make the market fall back small then buy again. If the coins way come out reach to start any better investment I go sell am to fiat to finance that project.