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Author Topic: If Bitcoin finally reaches 100k will you sell?  (Read 1190 times)
promise444c5
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November 12, 2024, 09:58:01 PM
 #41

100k is more of a popular speculation even though that's not the limit bit there're lots of investors willing to shave some profits at that 100 k particularly so there might be a little dip but at the same time panic sellers will still do their shits so maybe more yet market is still going to recover from it ... it now depends on how long it will take but 100k should create and trigger people to stay alert which means there could be some FOMO buying along the DIP which could make the market rise once again, so how long  here (might be days, weeks ,month...who knows
) ...DYOR

 
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November 12, 2024, 10:35:53 PM
 #42

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?
Honestly speaking you don’t feel like selling because you’ve not gotten enough as expected. Definitely if you’ve gotten your desired amount afterwards bitcoin price increase you’ll sell and it’s understandable. Well let’s go with what’s provided na you get the coin, just imagine you’ll have to wait for another circle because you don’t just predict the price with full confidence secondly invest for the love of bitcoin but don’t think of throwing your profit out when you know fully well everyone wants the profit. What if bitcoin hit 100k what will happen probably this is time many will be lead by fear, personally I will consider selling as an option after reaching the target.

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November 13, 2024, 02:29:01 AM
 #43

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?

Treats Bitcoin as commodity, if you're already in good profit, you sell and wait for dip and buy again. You keep repeating the cycle to help the network and provide liquidity to the market. We're not in the bull market yet and this is only a panic pump, once it hits resistance it would bounce back to $60k or below before the next bull run.

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Pi-network314159
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November 13, 2024, 05:06:06 AM
 #44

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
You are only talk about how you feel, but I think everyone here knows that bitcoin will reach and even surpass $100k except for those that don't know how bitcoin works.

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 do that to encourage everyone to foresee what the future Holds with accumulation and HODLing bitcoin for a longer time.
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
Even without being told you with mear observation you will understand that bitcoin is the best investment or asset to have for now. And it's very profitable expecially long term investment.


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November 13, 2024, 03:43:56 PM
 #45

Volatility is a constant dynamic in the crypto space, with the high rise you should be expecting a huge dip at any time. This is why you should have a target and learned to be disciplined to sell when you hit that target. A lot of people are aiming for 100k but what if the price doesn't hit up to that? What if it's starting going down anytime soon. Greed is something that affects a lot of hodlers and crypto traders. Let's keep our fingers crossed and hope it gets too a 100k, if it does I'll advise you to sell immediately, there's no point in taking further risks.











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November 13, 2024, 07:36:48 PM
 #46

Volatility is a constant dynamic in the crypto space, with the high rise you should be expecting a huge dip at any time. This is why you should have a target and learned to be disciplined to sell when you hit that target. A lot of people are aiming for 100k but what if the price doesn't hit up to that? What if it's starting going down anytime soon. Greed is something that affects a lot of hodlers and crypto traders. Let's keep our fingers crossed and hope it gets too a 100k, if it does I'll advise you to sell immediately, there's no point in taking further risks.
You dey talk like trader and not like investor because all investor get there investment timeline wey don plan say them go hold there bitcoin before them go sell make be like 5-10yrs or longer so for you to tell people to sell there bitcoin come make me feel say u no sabi wetin bitcoin investment be, because if u no de potential of bitcoin as a store of value and u appears to be shortsighted as to worth of bitcoin if person hold for longer time .so before u offer this kind u need how many btc wey people get for there portfolios and how many years wey them intend to hold there bitcoin .so i go advise u say if u still dey for your early phase in bitcoin accumulation make u focus more on buying more bitcoin than selling.
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November 16, 2024, 07:32:02 PM
 #47

With the way Bitcoin is at the rise and with future projection still expecting to go up the price of Bitcoin is still expected to appreciate and move up above the $100,000 you are mentioning here so the best option for people with Bitcoin assets is still to hold on with it for a while because this period is a critical and defining period in the crypto community

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November 16, 2024, 09:36:46 PM
Merited by knowngunman (2)
 #48


Selling bitcoin or buying more bitcoin depends on your own wish, so you are not supposed to be so greedy in the process of that.
 
Talking about the price of bitcoin, it is something that we have been speculating about for a long time now, in which I know I said it, and I will still say it that for bitcoin to reach $100k or even more, it will be in the ending of 2024 to early 2025, which we have started seeing in reality because the big that bitcoin has made it so far this week was $94k, so it is left for you to choose when to sell it, but mind you, when selling, never try selling all your investment because you will regret it in the future.
 
Furthermore, talking about different perspectives on bitcoin, all I know is that no matter the interest or love you have for bitcoin, 90% of people that invest in it are doing it for the profit, while some are just doing it as a source of savings for their money, so I don’t think they are people that just buy bitcoin for no reason.

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November 16, 2024, 11:45:42 PM
 #49

No be lie say some people Dey get target price to sell Bitcoin o and as e be now, most people eye Dey anticipate that $100k price range although, no be everybody wan sell am for there shah. Some just wan get that joy way Dey follow say, your hodlings don add value. Na so e be shah.

I no get watin wan make me sell am and price no fit make me sell my hodlings. E no matter if na bull or bearish market we Dey. I prefer make my goin just Dey for wallet, e no go die there. If na to sell and buy back when price dump, that one no be bad idea but, no be something way I Dey practice shah.

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November 17, 2024, 06:00:27 AM
 #50

No be lie say some people Dey get target price to sell Bitcoin o and as e be now, most people eye Dey anticipate that $100k price range although, no be everybody wan sell am for there shah. Some just wan get that joy way Dey follow say, your hodlings don add value. Na so e be shah.

I no get watin wan make me sell am and price no fit make me sell my hodlings. E no matter if na bull or bearish market we Dey. I prefer make my goin just Dey for wallet, e no go die there. If na to sell and buy back when price dump, that one no be bad idea but, no be something way I Dey practice shah.
Yes, some investors are choosing to set their capital with a focus value of $100k and if you can get yourself to that target, it can give you good profits and conversely, your investment may be empty and it may take a lot of time to create a new area to start from. So, you can focus on taking profits and keeping the capital holding in case of holding valuable assets like Bitcoin. You should be strategic to ensure the sound management of your assets because holding Bitcoin has the potential to make big profits in the future considering the market situation.

It is uncertain how far you can get in the next price correction process and you should plan your investment accordingly.

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November 17, 2024, 12:53:08 PM
 #51

People sell BTC everyday and people buy BTC everyday in d market which are activities u will surely see in d market going on, but those that are hodling BTC for long years till now will like to sell their BTC when d price touch high price because dey will like to make profits when dey sell their BTC. I have sold all my BTC when d price hit $73k few months ago because I thought, it will not going to hit $95k this year but what I saw few days ago make me to learn new strategies from BTC hodling that will make me not to rush to sell when d bull run just started.

To me, if d price hit $100k this year, I will not going to sell if I have d opportunity to buy BTC before d price will hit $100k because d profits will not going to be big like those that bought when d price was $20k, hope u see d reason I will not be push to sell.

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November 18, 2024, 02:57:20 PM
 #52

The moment of truth go soon reach because Bitcoin don dey approach 100k, make we see weda we go do those things wey we don talk for this thread. E easy to talk but e hard to do for real life. When you consider the greed factor for the matter you go know say human beings fit change mind any time. Bitcoin dey pump, fomo fit make many people change their initial plans.
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November 18, 2024, 05:52:46 PM
 #53

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?

You are right, this forum has encouraged many people to change what they think about Bitcoin. Those who are considering selling after they earn a small profit or once the Bitcoin price accidentally reaches their aim, after joining this amazing place, change their minds and decide to keep their bitcoins for a long time. I believe they are individuals who have set a target price for their Bitcoin investment, so if the price reaches that point, they will just sell with the small profit they have, regardless of whether the price continues to rise.

However, you posted this last month while the price of Bitcoin was still between $60k and $70k. We did not anticipate that the price of Bitcoin would reach $90k by the end of the year, but since we're confident it will continue to rise; it has reached $90k. Those who have negative views about Bitcoin should see it for themselves. However, people who sell all of their bitcoins at this moment and don't hold onto any more don fuck up because we can't just sell everything and wait for the market to dip before buying. Let's take advantage of this chance to purchase more and more of it.

R


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November 18, 2024, 06:24:13 PM
 #54

The surge in price recently in bitcoin and the volatility nature of it within a short period of time has made a lot of people that have hoped for bitcoin to reach $100K and sell off changed there perspective about it. This surge has made a lot of people to realize that bitcoin will make a new all time high more farther than the $100K mark a lot have foreseen for it to reach, in no time the bulls will continue to set in and bitcoin will become more adopted and bought than before, the demand for it will continue to increase and we’ll see it going to almost $150K. One can not be so sure of the price bitcoin will reach by end of the bull run, but $100K should not be the target of any holder now.

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November 18, 2024, 07:38:29 PM
 #55

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?

This is probably the simplest yet complicated action to take for many investors, because influence of other people believes and target would make many investors make the wrong choice and decisions. Before ever you start your Bitcoin investment journey you must have placed a target that the price reaches you would sell off and then probably wait again for the bear or use it for another important thing in your life but where as you have more than enough emergency funds and you are okay then still keeping your coins for further reference isn't a bad idea but don't just chicken out and make mistakes when the Dip starts coming especially those that didn't actually sell off their coins.

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November 19, 2024, 07:51:25 AM
 #56

Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it.  In the next five years bitcoin will reach $3k.  You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

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December 18, 2024, 05:21:08 PM
 #57

Bitcoin surpassed a lot of people's expectations this bull run season, it exceeded a 100k and there's a high chance that it might continue to go higher. But no one can be 100 percent sure about the market changes this is why it's important to set a Target and sell when it gets to that price. A lot of people lose money in the market due to greed, they always want to keep hodling even after hitting their target forgetting that volatility is constant in the crypto space. If I was hodling Bitcoin I would definitely sell if it gets to a 100k because that seems okay to me, but everyone has their targets though.

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Antotena
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December 18, 2024, 06:09:58 PM
 #58

Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it.  In the next five years bitcoin will reach $3k.  You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

I don't fully agree with this strategy. How do you suggest this to people that bought a full Bitcoin when it was worth $20k, they should be having $80k per every Bitcoin that was bought thag time, now imagine selling $80 and leaving your remaining $20k capital that was used to invest in Bitcoin, how much do you think Bitcoin is going to go before you make a bother significant amount of profits from Bitcoin? It's a reliable strategy if you want more profits.

If you buy at a very low price, I will consider taking capital and leave your profits that is if you are scared but why would you be at this point when you were able to pass every bad sentiments and tantrums throw at Bitcoin, it is the best thing to hold instead of selling your coins now. However, we know say problems no dy finish for the country, if you get problem and you don make plenty profits for crypto, abeg sell make you solve your problems.

R


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Jegileman
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December 19, 2024, 07:44:54 PM
 #59

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?

Are you still holding it till now? If Yes, then you’re really a big bitcoin enthusiast and your believe in bitcoin is very strong and full of optimism for it. Your perspective on how you perceive and understand bitcoin might be different from those that have hold for a longer term and have witnessed more market conditions overtime. Sometimes it is better to stick to your plan and sometime following their guide will help you in making some decisions. In all of this, just make sure you’re not at loss and you’re able to benefit and profit from your investment.

Bitcoin surpassed a lot of people's expectations this bull run season, it exceeded a 100k and there's a high chance that it might continue to go higher. But no one can be 100 percent sure about the market changes this is why it's important to set a Target and sell when it gets to that price. A lot of people lose money in the market due to greed, they always want to keep hodling even after hitting their target forgetting that volatility is constant in the crypto space. If I was hodling Bitcoin I would definitely sell if it gets to a 100k because that seems okay to me, but everyone has their targets though.

A lot of people that targeted to sell their bitcoin when it gets to $100K didn’t sell again because of the market behavior before it finally got to that price. No one was thinking that bitcoin will reach $100K this year, a lot were already forecasting that to happen next year. So when bitcoin got to $100K this year, a lot of hodlers because hesitant to sell because they can still see the potential in bitcoin of making it much far beyond $100K, this is how much people have believe in bitcoin and are still holding till now. It is good to stick to a plan but sometimes, those plans become adjusted when more reality of the market hits and that’s what I think is happening now.











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Tmoonz
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December 19, 2024, 08:42:26 PM
 #60

Sell what exactly? Be precise, its the interest or the total investment of your bitcoin? To me its cool you sell your interest if only you have gained much, and buy other altcoins, but if you have other means then hodl your bitcoin regardless the rate, because bitcoin is our future no matter the amount you have hodl it.  In the next five years bitcoin will reach $3k.  You will be glad you hodl your coin, never panic even if the price dip. $1k will bring more investors into bitcoin but dint be so excited to sell, if you need money draw your interest and enjoy.

I don't think this advice is good, personally am not always comfortable with anything related to the idea of selling Bitcoin to buy altcoins, even though one might decide to sell part of Bitcoin investment at some point which is ok but selling it to buy altcoins can be wrong, yeah I will suggest it is better one get involve in Bitcoin non related investments such as a more physical investment like selling of consumable and material goods, lands, one can even go into agriculture yeah there are many other investments one can get involved with other than investing in altcoins from the money gotten from Bitcoin.

 
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R


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