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?
Bitcoin has always been a promising coin, so even if it reaches $100k, I intend to hodl until the end of the five-year period I have set for myself. This means that regardless of how bitcoin performs, I will not sell. An investor must understand the value of patience, and one tool that can help an investor remain patient is an investment plan. Based on the crypto market's performance and the likely influence of Trump's economic policies, I believe bitcoin will surpass $100k in the coming months.
If you invest in Bitcoin for a period of years, you can do one thing: sell it when the price of Bitcoin reaches $100k and buy it again when the price drops. Sometimes, if you invest wisely, you can make a lot of profit, but doing so is risky, which is not possible for everyone. Only those who are experienced in investing can do these things. I thought that when it reaches $100k, I will sell all the invested Bitcoin and then wait a few months and invest when the price drops again.
To invest, we must have good experience about investing. If we go to invest without experience, we will never be able to make a profit, as a result of which we will lose our money and later we will have to face disappointment. So I think if we can start investing with good experience and ideas about investing before facing any such problem, it can be the best decision for us.