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Author Topic: How to play the 100K bitcoin price, when it seems most people want 100K to sell?  (Read 525 times)
Popkon6
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November 15, 2024, 10:02:45 AM
 #21

A holder who sells Bitcoin at 100K would be a fool, because Bitcoin prices never disappoint. Bitcoin will start to increase as it moves into the future, so it is better to sell towards the country in 2025 than to sell this season. 
And selling further into the future is more likely to be successful, because if you go one year into the past, you can certainly follow Bitcoin's lower price. And keep speculating on the Arab future you will surely see the pinnacle of success, so don't despair at present and hold on to Bitcoin, success is guaranteed.

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bakasabo
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November 15, 2024, 10:13:11 AM
 #22

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?


Many people, that have bought bitcoin long time ago are now used to holding, used to price drops and jumps, they are very confident in bitcoin. I think that a lot of those, who previously had plans to sell at a round price of $100k, will keep on holding. Maybe they will sell some part of their holding, but not a major part. People who have gone through history of bitcoin price changes would think that would they sell when price keep on growing; we have survived price changes, so why not keep on holding for a bigger profit.

 
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Ricardo11
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November 15, 2024, 10:35:33 AM
 #23

A holder who sells Bitcoin at 100K would be a fool, because Bitcoin prices never disappoint. Bitcoin will start to increase as it moves into the future, so it is better to sell towards the country in 2025 than to sell this season. 
And selling further into the future is more likely to be successful, because if you go one year into the past, you can certainly follow Bitcoin's lower price. And keep speculating on the Arab future you will surely see the pinnacle of success, so don't despair at present and hold on to Bitcoin, success is guaranteed.
I agree with you, there is a high possibility that, Bitcoin price will definitely be more valuable in the next year, especially if we look nowday at the Bitcoin demand, because the demand for Bitcoin is constantly increasing, And due to its high demand, the amount of Bitcoin holdings is increasing exponentially.

Bitcoin is likely to cross $200K in the coming years, It is very likely, Because many big bitcoin experts believe it. so those who hold Bitcoin patiently will be more profitable in the future. So, if you want to achieve real success and real profit in Bitcoin, So don't want to earn profit at current price, because you can earn much more profit in future, So decide on long term holding. In this you can definitely become more profitable than you expect in the future.

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November 15, 2024, 10:50:08 AM
 #24

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

Hodling is going to be the best decision because selling can make you to lose your position and there is no guarantee that you will still have the cash to buy back when the markets dumps. Most people are not good with cash therefore if you are one of those people, do not follow the crowd in selling but continue to hodl. You might not see the benefits right now but in the next bull market when people are regretting selling, you will be happy that you did not sell. You can also sell some part of your Bitcoin just before the $100,000 price if you are having some doubts that the market will not pass that price but I think it will pass and go higher. We still have alot of time for the market to go higher therefore, there should not be any need to be afraid of the market dumping on you.

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armanda90
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November 15, 2024, 11:14:54 AM
 #25

Near future bitcoin will raise above $100k after success hitting the latest ATH around $93k, have $7k left before raising most expected price by many holder I don't think difficult for bitcoin exactly after Donald Trump win the election as president support bitcoin at his election campaign. Talking about sell or hold depend each personal and I believe many people will sell firstly although $100k is not the most expensive price for bitcoin behind many highest price will raise later.

As short term trading, I will sell early my bitcoin assets if have possibility raise up to $100k and buy back again with lower price how usually bitcoin will get correction, however waiting for bitcoin raise $100k not take longer time after easily bitcoin hitting new ATH price every day last week due Donald Trump win the US election.

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edward500 (OP)
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November 28, 2024, 08:58:28 PM
 #26

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?
For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.


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November 28, 2024, 10:39:53 PM
 #27

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?
For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.




The pullback already happened!

I'm not sure "everyone" wants to sell at $100k though and actually not everyone sold at $99,500.

Things have changed in the last few weeks and months, perticularly TRUMP and how he is planning
to add Bitcoin to the US reserve.

There was a time a few years ago when $100k was kind of a fantasy it was in the very far distnce
and so a lot of people had that target as their sell point but now that we have more or less reached
that point I'll bet those who wanted to sell at $100k are already looking far beyond.

My thinking is if you dont need to sell and you are not an experienced trader, just HODL


 
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November 28, 2024, 10:52:32 PM
 #28

 It's very dicey though thinking about at what price level do many bitvoihioder plans to dump  probably a halve or all their bitcoin but $100k to me seem so cheap for anyone to be in a hurry to sell his bitcoins except hey are a losing a foresight about bigger opportunities for higher highs that bitcoin will be making in 2025 which 100k is just below the bullrun  projection.

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November 28, 2024, 11:59:54 PM
 #29

Theres more then  one type of people involved in BTC so the people whe have bought most recently will likely sell in this area also worried about it retracting and their gains being lost as easily as they were gained.

There other layers of holder who will last alot long or not sell at all.

 
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AirtelBuzz
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November 29, 2024, 02:31:06 AM
 #30

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?



Looks like everyone is holding out to sell at $100K, you might be wrong. Everyone has different investment plans and even different goals. So every investor will depend on their own opinion when to sell and when to buy. Just like you said, if it touches $100k after starting investment from 2022 then sell half it is your personal choice.

It is not certain that everyone will sell when the price of Bitcoin touches $100k. Not everyone will sell when Bitcoin hits $100k, there are many investors and large companies that are still buying Bitcoin regularly. One example of this is the Microstrategy companies that regularly buy Bitcoin after it has touched all-time highs, perhaps because they have the belief and experience that the price of Bitcoin will rise to higher levels in the future.

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November 29, 2024, 03:43:47 AM
 #31

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?




Holding is the best option for me if I must say, even though $100k milestone might be a benchmark most persons kept for selling but at some point we don't have to follow crowd decisions, there could be different reasons why anyone would want to sell part  of their holding along the line but considering how Bitcoin has performed so far from it's invention holding for as long as necessary is the best, perhaps who wouldn't want to build a generational wealth, even though there is nothing wrong selling some part of our holding at some point but the truth is that we shouldn't be selling at the time we are meant to be increasing our holding. (Accumulation stage)

 
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November 29, 2024, 03:51:03 AM
 #32

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?

Those of us who have been following the markets in general and the bitcoin market in particular for some time knew that the $100K area was going to see huge resistance. So I decided to do the opposite of most people, wait until the price was clearly beaten, above $110K, to make a partial sell. If you want to make real money you have to act different from the hordes. And don't sell too much at those levels either, eh? We are facing an extremely bullish 2025, if you sell too much at $100K or $110K you will regret it later.

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November 29, 2024, 05:07:45 AM
 #33

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?



Those investors who has been constantly accumulating Bitcoin for a very long time may decide to sell little part of their Bitcoin hodling. But for those who just started Bitcoin investment newly or some few years back shouldn't think of selling their Bitcoin now when Bitcoin finally hit $100k I remember when Bitcoin price was around $48k now the price has almost hit $100k so there is every tendency that Bitcoin price will hit $100k and above in time coming. So investor who started buying Bitcoin around 3 years ago shouldn't sell but keep accumulating more Bitcoin using the DCA strategy where you can accumulate Bitcoin regularly irrespective of the price and continue hodling for the future.

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November 29, 2024, 09:48:54 PM
 #34

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.
Yes, I sold because I bought Bitcoins when the price was 24K USD, it was 3-4 years ago. I sold at 98K but price is getting back. I don't know if I did the best thing or not but I'm proud of the profit that I made during these years. At the moment, I think that I'll wait a little, political situation is tense, we don't know what happens and I don't want to risk my profits. I'll wait a little and see what's happening around the world and if I notice that price is still rising and there is nothing that can stop it, then I might buy again even if I have to pay more than 100K but if the opposite happens and price falls, I wait a long until I'm very sure that we reached the minimum.

Btw I think that selling a small amount is a nice idea.

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November 29, 2024, 09:56:25 PM
 #35

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?




So you purchased at 16k

Let's pretend you got 4 coins paid 64k

Sell 1.5 coins at 96 k you have 144k and 2.5 coins.

Pretty easy to do that.

Even set  2 coin buy at 40k after you sell. Or not bother .

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November 29, 2024, 10:24:06 PM
 #36

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?
People talking about bitcoin hitting $100k doesn’t mean they are going to sell when bitcoin hits the price, don’t be deceived by what people say about bitcoin hitting $100k, most people won’t be selling their bitcoin even if bitcoin hits the price. You should know that $100k isn’t the limit, and when the bull run starts fully, we should expect more from bitcoin. I am also anticipating Bitcoin price hitting $100k, but that doesn’t mean I will be selling my Bitcoin even after hitting $100k.
 
Since it’s your bitcoin, and the money belongs to you, then it’s just better you make decisions yourself and conclude when you will be selling, no one is supposed to tell you what you are supposed to do, it’s your money, so you make decisions yourself. Since you already concluded that you are going to sell some of your bitcoin after hitting $100k, then I don’t have any problem with that, it’s your choice, so you can do it.

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November 29, 2024, 10:41:39 PM
 #37

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?



if you have be holding bitcoin you purchase since 2022 till date that means you have hold and you will make a reasonable profit by now, the only process or situation that can make you not have make a reasonable profit is when you invest in small amount of bitcoin, but a process whereby you invested good amount of bitcoin, this recent increment in bitcoin can make you or turn you to become millions in bitcoin, because I know that what will make a hold not make a profit is when the holder fails to hold a reasonable amount of bitcoin, I know that bitcoin that you have target on bitcoin ensure that when your target has come to pass you can change a narrative...at this point I will like you to continue holding the same amount or values bitcoin you purchase and sell out the profits of the increment, meaning the figures you derived from holding and still hold same figures you started with because of future purposes because bitcoin can also hits hundred thousand in future.
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November 29, 2024, 10:58:50 PM
 #38

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.
~

Whether or not a bunch of people are trying to offload at 100K, that dosnt mean everyone will.  For the price to keep on climbing past a hundred grand thou, you still gotta have more folks wanting to buy than looking to sell.  If enough people are still eager to get their hands on it, there is no reason the price cant shoot way higher than 100K.   

I mean sure, if mass quantities try unloading at that price then yeah, things might stagnate for a spell.  But bet your bottom dollar demand wont just up and vanish into thin air overnight.  And as long as strong interest sticks around, then sky is the limit in terms of how excessive this valuation party might get.

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November 30, 2024, 03:41:13 AM
 #39

people always set their target on when to sell for their BTC holding only to realize that it can go even higher back then people are having their own target of selling their BTC at $10k, guess what happened.
same thing today, if you got a good speculation and target on what BTC price gonna be which in this case might go beyond $100k, I think holding is a good way to not get sidelined, otherwise if you're so worried, why don't you take partial profit that's more than your entry capital and let the profit running?

I think it's the best way to go if you're concerned about the current big supply wall around $100k and I know too well that there are big sellers at $100k, but the same thing also happened when we're at $74k. I think it's only matter of time until those sellers at $100k eventually ran out of their bitcoin.

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Lanatsa
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November 30, 2024, 05:06:53 AM
 #40

Seems like everyone is holding out to sell at 100K. Even when I purchased my bitcoins at the 2022 lows, I have always said that 100K would be where I would sell at least half of them.

Does it make sense to hold or to sell at this point, when everyone wants to sell at 100k? Maybe sell before we hit 100k?

Maybe just hold?
For me, as a trader, this is a very interesting question for discussion. The psychological factor is a very important factor in trading. You correctly mentioned that people aim for 100K Bitcoin price and how is that gonna happen if everyone wants to sell at 100K.
In moments like this, I aim to sell my coins at 98K USD because there is a good chance the price will not reach and surpass 100K numbers because this is the line where people want to sell their coins, so there is a big chance we will reach 98K or something similar and then people will start selling. I expect this to happen, then the price will fall cool down a little, there will be a little correction, maybe 80-90K range and soon the price will start rising again and surpass 100K. At that moment, people won't start selling but wait for another range, more likely for 150K.

You were correct with your prediction, did you actually sell at 98K?

I'm still holding, but thinking of selling a small amount because I think a pullback is also going to happen for sure. I also have had the 150K in mind for a while.




The pullback already happened!

I'm not sure "everyone" wants to sell at $100k though and actually not everyone sold at $99,500.

Things have changed in the last few weeks and months, perticularly TRUMP and how he is planning
to add Bitcoin to the US reserve.

There was a time a few years ago when $100k was kind of a fantasy it was in the very far distnce
and so a lot of people had that target as their sell point but now that we have more or less reached
that point I'll bet those who wanted to sell at $100k are already looking far beyond.

My thinking is if you dont need to sell and you are not an experienced trader, just HODL


Yes, it did go as low as $92k as far as i remember on which its not something that shocking yet -10% kind of down or correction isnt
something that new anymore here on crypto space. The price did make out some recovery as of this moment on which the price is really that moving sideways now.
The hard thing about into this kind of situation or condition is that on the moment that making some consolidation period on which you dont even know on when it would really
be trying to move. $100k is indeed the new resistance as of this moment and its really that tons of people or traders will really be selling out on the time it will hit up.

There would be some sort of breakout? This is something that cant be known because there would be factors that will really be needing for us to have that new all time high.
Now that we have reached $100k then people are eyeing on hitting $120k-$180k on which this is really that achievable. The question is on when it would happen?
Yes, its always been unpredictable in the first place and thats why it is really that too hard to predict and thats why positioning yourself at the bottom is really that
something that will really be that skeptical on making up such decisions.

R


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