Hold or sell?

[Jewan420]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

[Crwth]

Personally, I would like to have to cash out a little bit so that I could enjoy all the holdings that I had. At least it's important to enjoy and reap some profits from the investment. I think it's okay and then keep on going probably.

[Charles-Tim]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

People know that there would be a strong resistance around that price. I will prefer to sell 75% of my holdings and wait for the next bear market before investing again. I was predicting higher price for bitcoin before but the market these days has been disappointing with news that will make bitcoin find it difficult to reach $100000. So if it reached that price, I will prefer to sell at least three fourth of my holdings.

[Pastaral]

There are many who have invested.  Now if they keep it for a long time they can sell it at sky high prices.  I am hoping that if Bitcoin is once a bull market, it will be a period when the value of Bitcoin continues to rise and positive sentiment among investors will influence.  Many investors in this market buy Bitcoin and expect its value to increase further.

 Some characteristics of a Bitcoin bull market:
 Increase in value: The value of Bitcoin increases in a permanent way.
 Investor Confidence: Investors' confidence in Bitcoin increased and many started buying Bitcoin.
 Large investments: Large institutions and investors continue to invest in Bitcoin, which further increases the value.
 Media coverage: The rise in the price of Bitcoin leads to a lot of discussion in the media, which increases the interest of the general public.
 Increase in market participation: New investors enter the market, thereby increasing market participation.
 Social Media Impact: Bitcoin is widely discussed on social media and attracts the attention of the general public.
 Things to do during a bull market:
 Market Analysis: Investing at the right time by analyzing the market.
 Investment Goal Setting: Setting your investment goals and taking action accordingly.
 Diversified Investments: Diversify by investing in different cryptocurrencies, not just Bitcoin.
 Profit Taking: Planning to take profit according to market conditions.
 Bitcoin's bull market could be a good opportunity for investors.  But it is very important to do proper research and planning before investing.

[Cantsay]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

100k this year is not something I think will happen (although there’s slight possibility of it happening) - right now all I’m doing is selling when the price increases and buying back after there’s a drop in the market price, I have a target and once the price gets to that point I’ll instantly sell off some of my coins and when it decreases to my set target or even lower I’ll buy back with the money I realized from selling in the first place (it takes time to accomplish because sometimes the price might just keep moving between 56,000 to 59,000 meanwhile my target is 65,000.

[Ricardo11]

I would basically hold bitcoins up to 100K right now. Later when bitcoin is 100K, I will sell some to enjoy the profit of 100K, maybe 1 of 5, and start holding the remaining 4 again, I will hold my investment till I build my desired portfolio. just i Will sell something at that time just to enjoy the 100K.

[EluguHcman]

Much number of investors has been preaching buy and hold buy and hodl like they are only in this Bitcoin industry to accumulate digital funds that would not have physical impacts to use in solving our financial problems.

Well, if truly investors that act like keep holding even when they have made 10,000X without selling their assets, I would not blame them because it feels obviously that they have enough source of income to solve their needs probably they are really holding for retirement.

As for me, I am planning to sell at the next ATH which hope to hit $100K +  but though I am only going to take profit while I think of accumulating more for other runs.
I am basically here to earn for living and not for virtual fallacies of having my funds in here for eternity.

[bitterguy28]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

what about your plans first?

[Kemarit]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Of course, at some point, we will have to sell and take profits and most likely we want to see the price hits 6 digits and then sell. You can last longer though and not sell everything so you will still have some after the bull run and it could motivate you again to do the process, buy cheap, continue to hold as long as you can and then wait for the bull run.

There's nothing wrong here, depends on what strategy you want to used but the end goal will be the same, to make profits. And at least it makes the market liquid again as there could be buyers waiting in the wing to the Bitcoin that we are going to sell.

So for me, yes, take profits, it's just a matter on what price we are going to sell, it could be $100,000 or higher for others.

[Roseline492]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Those who majorly focus to selling at the price of $100k is obviously the short term holders and I wouldn't blame them if they should sell on that price because in as much as we the holders normally object selling on a short term but we cannot dispute the fact that most short term holders makes a lot of money especially when the Bitcoin price is like this, so the advice I will only give those that are targeting to sell at the price of $100k is to utilize the opportunity now as the price is still very low so that they will be able to have enough amount of Bitcoin that would fetch them a good profit after selling at the price of $100k.

However for me  I would continue my holding no matter what the Bitcoin price will be because my target is to hold for five six years, so i will never be move by any little profit I would get from Bitcoin after selling now and also sometimes if an investor plans to hold for a very long term and it happens that he sold his investment on the Short term it will become very difficult for them to hold again because there psychology of holding will drastically changed.

[0t3p0t]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Depends upon the situation actually if I need to sell then I will but if not I will just keep on holding but it would be nice if we take our profit and if there's a dip we buy more so it keeps on going. Some investors might DCA and hodl for long but for me I can't do that long to be honest.

[LogitechMouse]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

I already set the $100,000 price as my first selling price target for Bitcoin.
I set 3 selling price targets. $100,000, $120,000 & $140,000.

Of course, those price targets might change anytime if there's something that might happen in the future that might affect the price growth of Bitcoin during the bull run. I'll sell a third of my Bitcoin when the price reaches $100,000, and will hold a huge portion still. Many are waiting for the bull run to happen. Many are waiting (including me) for Bitcoin to reach 6-digits for the first time in its history. Many are waiting, but many can't wait anymore, and they feel frustrated to the market because their expectations are too high for the market to be reached.

To answer the question, sell if you need to sell, and hold if you need to hold. Sell during the bull run, buy and hold during the bear market.

[Gurujebs]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Well, I can't hold forever. If there is need for me to sell when we get there, I will happily sell because profit is profit and there is nothing bad in selling some but if the demand comes and we cross that price, I will hold and observe before taking the next action on my small bag.

$100k is a phycological resistance, expect a dump from that price and don't be surprised if we don't touch that price, if we ever get there we might only see $99,800 and a market sell will come immediately because that's what traders do most often. If you plan to sell in any resistance, don't wait until that price is hit, sell $1k before that region.

[Z-tight]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

I don't believe one should sell all of their bitcoins, it is an asset and you should not convert all of it to fiat that is affected so much by inflation, or into another asset you are not so sure of. You can sell some of it, use it for any of your personal need or to buy a few other investment assets, but make sure you still have some bitcoins, don't sell all of it.

[JunaidAzizi]

Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.