Selling BTC Only When It Reached $1Million?

[TomPluz]

As for me, I am planning to sell some of my small hoard of Bitcoin when the price would be approaching more than $100K or ideally maybe at $150K and I am really hoping that this can happen in the first quarter of 2025...if not maybe I would just continually HODL on and wait for the time being. While the market is looking forward next year for a big bull run, there is no guarantee that it can happen whatsoever.

Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

[Sim_card]

Seeing bitcoin at one million price tag will be something great but that will not happen any time soon because the price of bitcoin hasn't hit 6 digits yeet, which means we have a very long way to go. It depends on when we will see such price maybe in 10 years and above but I intend to keep some of my bitcoin investment till old age since I want to use it as my retirement funds, if possible pass it on to my heir and if I am lucky to see bitcoin at 1 million dollars, I will sell some more bitcoin.

[bitterguy28]

Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

i feel like some people do not have a specific estimate of when will this happen or will it ever happen they just want to hold forever literally until they are ready to sell and they can use the money for whatever they were saving up for: marriage, new family, or retirement whatever it is

i also don’t really plan on selling all of my funds once bitcoin hits $100k i do not think bitcoin will stop at that price so why should i?

[Sim_card]

Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

i feel like some people do not have a specific estimate of when will this happen or will it ever happen they just want to hold forever literally until they are ready to sell and they can use the money for whatever they were saving up for: marriage, new family, or retirement whatever it is

i also don’t really plan on selling all of my funds once bitcoin hits $100k i do not think bitcoin will stop at that price so why should i?

Of course, bitcoin will not stop at 100k because that's not the end of bitcoin value since bitcoin is new and still has the potential to increase in value overtime. It is better to keep on hodling your coins and if possible keep on increasing till you reach your bitcoin target and if you want to sell, it is good that you have a price target that you are willing to sell when bitcoin reaches such price. Also making a sustainable withdrawal is the best rather than substantial withdrawal that might affect the size of youe bitcoin portfolio.

[milewilda]

As for me, I am planning to sell some of my small hoard of Bitcoin when the price would be approaching more than $100K or ideally maybe at $150K and I am really hoping that this can happen in the first quarter of 2025...if not maybe I would just continually HODL on and wait for the time being. While the market is looking forward next year for a big bull run, there is no guarantee that it can happen whatsoever.

Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

When doing investments then it would really be just that right that we should really be setting out our goals or limits or selling points on which this is something that recommended on doing so.
If you are holding for long term then it will really be that understandable that you will really be having this kind of approach on which you will really be that definitely having this kind of being impatient feeling on which its normal because we've been longing on something positive but it will really be better that you shouldnt expect these numbers yet no one really knows on what the future holds or what it looks like.

[Captain Corporate]

Honestly I do not know if its a good idea or not, I know that its going to be a hard to handle thing but it has to be something that will take some time. I know that we are going to see this growing with time, and I know that its going to be a million dollars one day, but I do not know when that will happen. A smarter move would be just having a goal in mind for your own amount, meaning how much YOU need, like to retire and all. If you can come up with a number for how much you want to own, that would be enough. A lot of people think that they should sell at X amount when bitcoin reaches that, but its X amount when you reach a point, not bitcoin price.

[sampoerna]

Everyone must have their own targets which may also be different, ahh, of course it will be different from some other people. And as long as it makes sense, then there's nothing wrong with it, once again, because that's the target of each individual, which of course we already have various personal considerations. Why do we have to take that number before we take profits? Of course, everyone has their own considerations and targets, based on the analysis or plan they designed and the risks they took. And we can't blame them.

For me personally, I will take profits when the bullrun really happens, and it touches more than $90k. That's enough and I will keep some of the savings to buy more when the market is getting bearish. Yes, because I am a Bitcoin holder who only takes advantage of bearish and bullish opportunities, because I have little capital.

[Bobcrypto]

Yes, I have set Bitcoin target at the end of this year to be around $78k, a good position to take profits and waiting for another dip to accumulate more.
Bitcoin bull run may not pump all the way to $100k without some corrections, it is certain that Bitcoin will move sideways after hitting some resistance level especially on $100k in my opinion.
There are people who are Holding strong till it hit $1m, but I think this will take many years to happen, and it is advisable to be accumulating each time it goes dip, and also take some profit along the movements.

[Z-tight]

Woah, woah, it would take a very long time before we get to $1m, i can even call it unrealistic right now. I would sell some of my coins when i feel the need to do so, i do not have an exit plan or anything like that, meaning i don't have a plan to liquidate all of my BTC.

My plan is to liquidate at different times, either for fun, to invest in other assets, etc, but i consider BTC an asset, so i don't want to be without some of it.

[MrSpasybo]

Yes, I have set Bitcoin target at the end of this year to be around $78k, a good position to take profits and waiting for another dip to accumulate more.
Bitcoin bull run may not pump all the way to $100k without some corrections, it is certain that Bitcoin will move sideways after hitting some resistance level especially on $100k in my opinion.
There are people who are Holding strong till it hit $1m, but I think this will take many years to happen, and it is advisable to be accumulating each time it goes dip, and also take some profit along the movements.

I believe BTC can definitely reach $1M in the future, but I'm not willing to hold all my BTC until then. My expectation for BTC in this bullrun is only $150K-$170K, and at best $250K, but I don't think BTC is crazy enough to reach that price zone.

I continue to believe in market history: right after a rapid price increase in BTC, a decline is necessary and will certainly happen to accumulate for the next cycle. I want to take advantage of this to optimize the amount of BTC before 1 BTC = $1M in the future.

[rdluffy]

To be honest, I have a target price of 100k or a little less than that, maybe 95k to sell some BTC
but only a few satoshis hahaha, and after that I have no intention of selling BTC except in a possible emergency in my life.
it seems to me that the least risky thing this time is to run out of btc. Fiat money is worthing less every year due to inflation

[Asiska02]

Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

Wait, do you mean 1BTC to each $1 million? That should be something that’s imaginable but the long term effect of it, how soon is it going to happen is what is not sure yet. If at every halving, we get to see a new all time high of bitcoin, I feel we should get there one day but realistically, that’s not something that will happen anytime soon or in even a decade to come in my opinion. $1 million is a very big number that cannot be achieved anytime soon and for those holding on to there bitcoin till it gets to that amount should be ready to maybe will it to their next of kin, because with the anticipated time I feel that will happen, most of us won’t be alive to witness it again. If it’s for inheritance, it’s okay to wait till then but for self use, I don’t think we may see it happen with us being alive that time.

[UNIVERSE]

To be honest, I have a target price of 100k or a little less than that, maybe 95k to sell some BTC
but only a few satoshis hahaha, and after that I have no intention of selling BTC except in a possible emergency in my life.
it seems to me that the least risky thing this time is to run out of btc. Fiat money is worthing less every year due to inflation

It is up to you whether you want to sell few or big number of your Bitcoin. But I will sell all of my Bitcoin when it can reach $100k. I will plan to buy again in the next bearish season, in 2026-2027. I think we don't need to miss the chance to get profits in this bullrun season. If we invest in Bitcoin, we must have the target to sell the Bitcoin. Unless we will keep it forever, we must care with the chance of getting good profits.

Yes, fiat value is getting worse. It is a good idea to hold Bitcoin, but make sure to have a proper strategy. Don't invest in Bitcoin with careless way! We must have a goal and certain way to manage our Bitcoin assets.

[rdluffy]

It is up to you whether you want to sell few or big number of your Bitcoin. But I will sell all of my Bitcoin when it can reach $100k. I will plan to buy again in the next bearish season, in 2026-2027. I think we don't need to miss the chance to get profits in this bullrun season. If we invest in Bitcoin, we must have the target to sell the Bitcoin. Unless we will keep it forever, we must care with the chance of getting good profits.

Yes, fiat value is getting worse. It is a good idea to hold Bitcoin, but make sure to have a proper strategy. Don't invest in Bitcoin with careless way! We must have a goal and certain way to manage our Bitcoin assets.

I understand you
Some time ago I also thought that I could sell all my satoshis at some point when BTC reaches  a certain value
but analyzing the whole situation that my country is in, and also the world, I came to the conclusion that I always want to have btc on hold
I've had some satoshis since 2017 that I've never spent, so I'm used to it.

[Report]

-
Now, am sure there are people who are hodling for the real long-term and will only let go of their Bitcoin when the price will already be at $1 million...are you one of these select number of people and what is your estimate when will this can happen?

Isn't the value of 1 million usd too high for the next few years? The value is very expensive and even for my fiat money it can last up to 5 generations if it is for food, drink and a house. I just assume that if Bitcoin reaches 1 million usd it will definitely take more than tens of years, maybe my guess is that Bitcoin will reach 1 million usd in over 20 years.