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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)
Helena Yu
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November 30, 2024, 05:39:08 AM
 #41

Maybe sell before we hit 100k?
Can you enlighten what's the point to sell before it hit $100K? it sounds stupid for me because you're sure Bitcoin will hit $100K, but you want to sell it below $100K without any reason.

I'm not sure "everyone" wants to sell at $100k though and actually not everyone sold at $99,500.
Not everyone wants to sell at $100K, but most people will sell at $100K. There are 800 Bitcoins that people want to sell in Binance, we still didn't count Coinbase, Bybit, Kucoin etc. So, people are not only just celebrating when Bitcoin price hit six figure, but that's also an exit point for some people. 


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aylabadia05
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November 30, 2024, 05:38:55 PM
 #42

<snip>
Not everyone wants to sell at $100K, but most people will sell at $100K. There are 800 Bitcoins that people want to sell in Binance, we still didn't count Coinbase, Bybit, Kucoin etc. So, people are not only just celebrating when Bitcoin price hit six figure, but that's also an exit point for some people. 
You're right, some investors have made $100k their exit point for a while before they reinvest. Not all of them will sell at $100k, but we can find one fact that $100k is the target that drives some investors out of the market. If $100k is broken this year, then there is high hope for higher prices in 2025. This is obviously not certain, but based on my personal belief then the bullish peak will be in 2025.
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November 30, 2024, 05:55:36 PM
 #43

Maybe sell before we hit 100k?
Can you enlighten what's the point to sell before it hit $100K? it sounds stupid for me because you're sure Bitcoin will hit $100K, but you want to sell it below $100K without any reason.
Wow, you have made a perfect prediction. The end is so sure that the price of Bitcoin will reach 100k. We cannot give a surety yet, but it has made it sure. ‌ The price of Bitcoin can reach 100k very soon, but we cannot say for sure about it because the market may move in the opposite direction. However, we are hopeful that the price of Bitcoin will hit the milestone very soon.

Most of those who wanted to sell after the price of Bitcoin reached 100k have sold at 99k, and many are waiting for 100k to go. But I will not miss the opportunity. If my prediction is at 100k, then I will sell at 99k and not hold it.

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November 30, 2024, 06:24:51 PM
 #44

Not everyone
Not planning on selling at $100K.
I'm just interested because I want to see Bitcoin crossing 6 digit mark.
I see no reason to sell when the Bull run is just getting started.
But everything boils down to your goal and plan
People selling at $100K?
What's the difference between that and $99K?
I think most that want to sell have done so already
Most are holding above $100K.

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November 30, 2024, 06:28:55 PM
Merited by vapourminer (1)
 #45

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?
If you need money at this moment, then $97k is a pretty good price to sell, don't buy the unit bias. You're only 3% below $100k.

If you don't need money, then exchanging the scarcest asset in the planet for pieces of paper they print out of nothing, isn't really making much sense. Bitcoin will most likely appreciate again. It all has to do, of course, with how much you're thinking to sell. (The less portion of your holdings it is, the better.) But again, if you don't need anything, you don't have to return to fiat currency...
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November 30, 2024, 08:06:57 PM
 #46

If you need money at this moment, then $97k is a pretty good price to sell, don't buy the unit bias. You're only 3% below $100k.
Just think realistically, and selling at $97k doesn't have a huge profit gap.
But some people will sometimes just wait for $100k to be reached to sell it, they like even numbers and a $100k target so the point where the next bullish will arrive.

But again, if you don't need anything, you don't have to return to fiat currency...
some people or traders don't just want to go back to Fiat, but they or traders are just taking advantage of Bitcoin's price fluctuations this time around to double their Bitcoin holdings. Scalping methods are used to multiply their bitcoins, as the price of bitcoins goes up and down quite quickly

 
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November 30, 2024, 11:16:28 PM
 #47

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?

Bitcoin limit surpass $100k, the market will definitely go beyond but, it works with time. If you’ve gotten your desired profit selling at $100k is not a bad option looking at the price of bitcoin during 2022 I’m sure you’ve gotten more opportunity compared to late buyers. Why focus on general opinion just want to know either selling after or before still depend on you although no one knows what’s next even after watching the price almost hit $100k, definitely waiting is actually a good idea who knows if the price will hit high as most speculation is far above $100k.

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December 01, 2024, 02:53:51 AM
 #48

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?
I am not certain with this thought of everyone wanting to sell at $100K but I think $100K has been an excited value which holders has much been anticipating if the market could be possible to reach in a close time.

It is just a speculation which individuals could even have a thought to change their plans in the future probably to extend their holding during when they finally lands at the anticipating value such as the $100K? You can ask but why? Simply because a lot may be holding for retirement purposes while some have foreseen than the potential volatility marker price is capable of producing more increase in a short or long time, so they would either extend compromise to sell and just keep holding.

This practice is usually when we have alternatives source of earning that is capable to Carter our immediate needs.
So whoever that wants to sell might not really be able to hold on il then when choked with what to do with funds that the only option is to sell their Bitcoin.
Moreover, $100K is not so an exciting figure at now because it is certain that while we hope to vent into the bull-run by 2025, a value rate of $150K-$180K ATH is a craving for holders before they could sell.
Funny enough, a lot would sell before then , some will sell at then and some would extend their holding duration.

Maybe you can have a look and think about this thread (
Buy Buy Buy or Sell Sell Sell? then you will understand that there is no definite amount of value investors would all kick out from the market at the selling of their holding in same time











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December 01, 2024, 05:36:48 AM
 #49

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?



Like I usually say, buying and selling bitcoin depends upon the person in question. If you have a long term goal,  you can sell after two or 3 circle and above . But if you have a short term goal then you can sell too quickly. Judging from your explanation I think you have not held upto even 4 years and you beginning to think to sell at $100k. Since you have just been 2 years in your investment I would have said you should HODl more longer maybe to 2028 after next halving before you can sell. By then the benchmark of $100k will have passed to a new ATH maybe $100k+ plus. But if you decide to sell now or @$100k then it's up to you since you have the right to your personal decision including selling at your will.

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December 01, 2024, 08:04:51 AM
 #50

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?

you must have your target, right? why should you care about others who will sell at $100k or even before reaching it?
just do everything as you plan, no need to follow what happens or what many people say. you may be used to following FOMO, but in investment, it will definitely not be good for you.
hold on until your target is achieved, then you will get satisfaction.

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