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Author Topic: why do you think 100k is possible after halving  (Read 11112 times)

Offline UNIVERSE

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Re: why do you think 100k is possible after halving
« Reply #60 on: July 18, 2024, 10:57:08 PM »
You can never know when the top is in for Bitcoin, the only way to tackle such is selling gradually because there is nothing bad in taking profits, you can never wrong in taking profits in any investment. However, you must make sure that Bitcoin has done at least 3x and then leave the rest but if you notice that all time high has been broken and the price refused to dump, I will advice you to continue to hold until when you see there is a reversal then you can sell the rest.
You're right, we will never know the peak of Bitcoin price. We only predict the possibility of Bitcoin price. The only way to get the optimum price is to sell gradually. This will be effective because we may get profits in every pump of Bitcoin price. The first plan I will sell the Bitcoin may be around $80k-$90k. Then I will sell again when the price of Bitcoin is around $90k-$100k. The rest of my Bitcoin, will be sold when Bitcoin cross $100k.


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Re: why do you think 100k is possible after halving
« Reply #60 on: July 18, 2024, 10:57:08 PM »

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Offline vegasus

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Re: why do you think 100k is possible after halving
« Reply #61 on: July 18, 2024, 11:06:30 PM »
You can never know when the top is in for Bitcoin, the only way to tackle such is selling gradually because there is nothing bad in taking profits, you can never wrong in taking profits in any investment. However, you must make sure that Bitcoin has done at least 3x and then leave the rest but if you notice that all time high has been broken and the price refused to dump, I will advice you to continue to hold until when you see there is a reversal then you can sell the rest.
You're right, we will never know the peak of Bitcoin price. We only predict the possibility of Bitcoin price. The only way to get the optimum price is to sell gradually. This will be effective because we may get profits in every pump of Bitcoin price. The first plan I will sell the Bitcoin may be around $80k-$90k. Then I will sell again when the price of Bitcoin is around $90k-$100k. The rest of my Bitcoin, will be sold when Bitcoin cross $100k.
Everything is definitely based on predictions from the pull of Bitcoin graphic indicators so far and based on analysis of market trends, especially Bitcoin so far. Usually there is a pattern, and if you follow that pattern and succeed successfully, then $100k should be achievable in this summer's bull run. It's just that, it won't be that easy and it's not certain if you will actually get the points and pass it or not. because yes, it's called a prediction, it can be right or wrong. This was also predicted last bullrun season, but it failed and we can only hope that the peak season bullrun actually happens. However, we still have to be careful not to over-expecting that rate because if we are wrong, we might even miss the moment to take profits.

anyway, fundamental and more good news also can support the price to reach. Hopefully there are many more good news again.

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Re: why do you think 100k is possible after halving
« Reply #61 on: July 18, 2024, 11:06:30 PM »

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Offline pawel7777

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Re: why do you think 100k is possible after halving
« Reply #62 on: July 18, 2024, 11:49:38 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses. If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.

Yup, all those who expected massive fireworks immediately after the halving block was mined didn't bother to check the history of previous cycles. Historically, drops after halving were normal and expected, with the proper bull run coming much later.
As for the $100k mark, it's a rather modest expectation, it'd be only 47% higher than the ATH of the previous 2021 cycle (even less if adjusted for inflation).

Offline Z-tight

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Re: why do you think 100k is possible after halving
« Reply #63 on: July 19, 2024, 01:28:44 AM »
The rest of my Bitcoin, will be sold when Bitcoin cross $100k.
If you don't mind, do you plan to sell all the BTC's you have? I would not do that and i don't think it is a good decision to take, especially if you are selling everything and keeping it in fiat. You can sell your BTC and enjoy some of it on things you want to spend money on, and you can sell some of your coins to reinvest it in other assets, but do not liquidate all your coins if you don't have a plan for it.

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Re: why do you think 100k is possible after halving
« Reply #64 on: July 19, 2024, 03:14:02 AM »
The rest of my Bitcoin, will be sold when Bitcoin cross $100k.
If you don't mind, do you plan to sell all the BTC's you have? I would not do that and i don't think it is a good decision to take, especially if you are selling everything and keeping it in fiat. You can sell your BTC and enjoy some of it on things you want to spend money on, and you can sell some of your coins to reinvest it in other assets, but do not liquidate all your coins if you don't have a plan for it.

That's also what I have learn, it 2017 bull run, I sold all my Bitcoin, it was really huge in my local money and I'm happy for it. Nevertheless, I thought that I shouldn't, I mean just a small portion and then start the fun again by continuing to DCA.

So in 2020-2021, I still left some and again, continue what I do, or if I'm going to sell, it will be like in staggered sets or ladder principle, perhaps 25% and then see how it goes and then sell another 25% if you want to make another profit and then left some or like 10%-25% to HODL again and then continue with our journey.
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Offline bayu7adi

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Re: why do you think 100k is possible after halving
« Reply #65 on: July 19, 2024, 06:32:13 AM »
That's also what I have learn, it 2017 bull run, I sold all my Bitcoin, it was really huge in my local money and I'm happy for it. Nevertheless, I thought that I shouldn't, I mean just a small portion and then start the fun again by continuing to DCA.

So in 2020-2021, I still left some and again, continue what I do, or if I'm going to sell, it will be like in staggered sets or ladder principle, perhaps 25% and then see how it goes and then sell another 25% if you want to make another profit and then left some or like 10%-25% to HODL again and then continue with our journey.
The principle of entry and exit like DCA is indeed the best at the moment, especially for long-term investors. Those of us who fail to determine the peak point sometimes feel regretful when we sell too quickly. The concept of selling BTC like a ladder is more ideal and doesn't seem greedy, so that even the best moments won't be missed. Incremental selling is now becoming more and more popular too, so I think one will be able to survive in the Bitcoin world as long as the asset is not completely sold... like we have BTC that stays at 15% to 25% to keep us in mind of our BTC...

Because after selling at a bullish moment, there will be a bearish moment that provides an opportunity for anyone who enters again.

Offline Jamal Aezaz

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Re: why do you think 100k is possible after halving
« Reply #66 on: July 19, 2024, 11:18:55 AM »
People know that attaining the value of 100k$ is not an easy task and they know about the history that it will not take place immediately after halving but still they are in doubt when they see that till now Bitcoin has not touched the value of 100k$.

Everyone is clever and everyone knows the reality but they are unable to hide their emotions therefore whenever more reduction happens then they feel like they are losing their money. The price was reduced to 56k$ but now again something seems better because the price is 65k$ now which provides positive information regarding bull season.
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Re: why do you think 100k is possible after halving
« Reply #66 on: July 19, 2024, 11:18:55 AM »


Offline doc

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Re: why do you think 100k is possible after halving
« Reply #67 on: July 19, 2024, 11:51:41 AM »
The rest of my Bitcoin, will be sold when Bitcoin cross $100k.
If you don't mind, do you plan to sell all the BTC's you have? I would not do that and i don't think it is a good decision to take, especially if you are selling everything and keeping it in fiat. You can sell your BTC and enjoy some of it on things you want to spend money on, and you can sell some of your coins to reinvest it in other assets, but do not liquidate all your coins if you don't have a plan for it.
Yes, I agree that we should always leave our BTC as long-term savings. During the bullish season I only sell a maximum of 50% of my crypto assets, especially BTC because I will hold it until the next cycle. Maybe this step is different from those who sell all their bitcoins and buy again during a bearish season. Each person has their own decisions and considerations.

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Re: why do you think 100k is possible after halving
« Reply #68 on: July 19, 2024, 03:33:34 PM »
Like I said many people thought 100k is possible after halving making them to put more efforts to accumulate bitcoin without following the historical data from the previouses.
Im proud to say that I am not one of those who believes that 100k will be broken right after  Halving because I have watched the recent halvings and yes
there is always a gap from the halving day and the Bullrun which takes place mostly in the 4th quarter of the said day so Historical? that changed now because ATH was broken even before the halving.
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If people where so clever they wouldn't think 100k is possible immediately after halving even though ATH was achieve before halving that was a reason of something unusual triggers it to likely take effect before halving.
let them have that because most of them are surely newbies in this market because if they are here for some years now?
they can compare what had happened in the recent halving and they will not look in this instant increase.
I love your zeal because most people with this mindsets of halving creating immediate bull is like saying that they want to become architect by just looking everything from the mirror to replicate what it has given them without sorting for it or having undergo series of study to become one. In sum, patient is the key for long lasting investment that could yield profits.

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Re: why do you think 100k is possible after halving
« Reply #69 on: July 20, 2024, 07:39:24 PM »
Yes, I agree that we should always leave our BTC as long-term savings. During the bullish season I only sell a maximum of 50% of my crypto assets, especially BTC because I will hold it until the next cycle.
Selling 50% is not a bad idea if you have a good use of it, that is just my point in all of this, some people talk about selling 100%, when they do not have a plan for the money, they just convert to fiat and hold and also spend, that is not so wise in my honest opinion. However, if you sell 50% because you want to diversify into another investment, then it is a great idea.

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Re: why do you think 100k is possible after halving
« Reply #70 on: July 20, 2024, 09:06:30 PM »
Yes, I agree that we should always leave our BTC as long-term savings. During the bullish season I only sell a maximum of 50% of my crypto assets, especially BTC because I will hold it until the next cycle.
Selling 50% is not a bad idea if you have a good use of it, that is just my point in all of this, some people talk about selling 100%, when they do not have a plan for the money, they just convert to fiat and hold and also spend, that is not so wise in my honest opinion. However, if you sell 50% because you want to diversify into another investment, then it is a great idea.
Sometimes I wonder why we make so.much speculations and tie our expectations to bitcoin halving cycle, because most of the comments either portray bitcoin halving be to one major event that bitcoin price rely on so much, and this may be a wrong tactics, for example, many of those that missed out on the last bitcoin all time high market made such a mistake because the ATH came earlier before bitcoin halving, so instead taking the profits at that time, they thought and expected that the real all time high will come after bitcoin halving Which was a disappointment to them at the end of the day.

So regardless of what the time is, as long as you see an opportunity to take any action, the best thing to do is to take it either if you want to buy or sell your holdings instead of waiting for event's because bitcoinay never follow that pattern of action.
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Re: why do you think 100k is possible after halving
« Reply #71 on: July 21, 2024, 12:50:57 AM »
The rest of my Bitcoin, will be sold when Bitcoin cross $100k.
If you don't mind, do you plan to sell all the BTC's you have? I would not do that and i don't think it is a good decision to take, especially if you are selling everything and keeping it in fiat. You can sell your BTC and enjoy some of it on things you want to spend money on, and you can sell some of your coins to reinvest it in other assets, but do not liquidate all your coins if you don't have a plan for it.
This is a very nice advice. There's no need to liquidate your asset as an a bitcoin exit plan. You should sell in percentages, do what you want to do with the percentage you sold and keep the remaining. But if you feel that the market will go much more lower, then you can sell to stable coin to be able to rebut at discounted price. But for the fact that no one could predict exactly how the market moves, it is best we use DCA method.
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Re: why do you think 100k is possible after halving
« Reply #72 on: July 21, 2024, 01:56:13 AM »
Possible, but the question is when, it won't happen this year possibly but i bet it could be in the last quarter next year, well, if only there',# good news about bitcoin not a bad one that will causes fomo which will always end up getting dump.
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Re: why do you think 100k is possible after halving
« Reply #73 on: July 21, 2024, 06:27:03 AM »
People know that attaining the value of 100k$ is not an easy task and they know about the history that it will not take place immediately after halving but still they are in doubt when they see that till now Bitcoin has not touched the value of 100k$.
$100k is just a few small steps from the current price to reach (not 100% or more). This price is still within the bounds of reasonableness even though the supply in the market will be much higher than projected (apart from new coins being mined, a large number of bitcoins frozen over the years have been released).

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Re: why do you think 100k is possible after halving
« Reply #74 on: July 21, 2024, 09:04:29 AM »
I remember two reasons for this.. 1, it was inevitable given its history. 2. The lower Bitcoin falls, the faster it bounces back to higher levels.

 

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