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Author Topic: Did You take advantage of BTC at 100k  (Read 895 times)

Offline Jujuboy

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Did You take advantage of BTC at 100k
« on: December 06, 2024, 12:18:17 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k

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Did You take advantage of BTC at 100k
« on: December 06, 2024, 12:18:17 PM »

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Re: Did You take advantage of BTC at 100k
« Reply #1 on: December 06, 2024, 03:14:24 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k
Different people had their different targets this bull. Some people were scared when we were floating at 85k and rushed to sell off some coins. A couple of other persons sold off at 94k since then we were very close to 100k but still didn't hit the 100k Mark and as a result some persons felt the resistance zone there in the charts would likely cause a dip in price in the form of a retracement.

However with all that being said. majority of people sold after we surpassed 100k and you can easily tell by the rate at which price retraced back down after it had already passed the 100k Mark.
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Re: Did You take advantage of BTC at 100k
« Reply #1 on: December 06, 2024, 03:14:24 PM »

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Offline target

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Re: Did You take advantage of BTC at 100k
« Reply #2 on: December 06, 2024, 04:03:57 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k
Different people had their different targets this bull. Some people were scared when we were floating at 85k and rushed to sell off some coins. A couple of other persons sold off at 94k since then we were very close to 100k but still didn't hit the 100k Mark and as a result some persons felt the resistance zone there in the charts would likely cause a dip in price in the form of a retracement.

However with all that being said. majority of people sold after we surpassed 100k and you can easily tell by the rate at which price retraced back down after it had already passed the 100k Mark.

100k is the target for most of us. If the price goes way further to 125k I guess they be buying back somewhere above 100k again contributing the bullish trend .

The urge to make money will force them to buy just so they could sell again at 125k. They will take advantage of 125k againas it's the way to keep cashing out. The real winning though are the ones who kept holding.

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Re: Did You take advantage of BTC at 100k
« Reply #3 on: December 06, 2024, 04:47:56 PM »
The real winning though are the ones who kept holding.
Well yeah I agree, but some say the real winning are the ones who kept on taking profit. I just found that strategy from influencers who are regularly taking profits from their portfolios because they said you don't want to wait another years to make profits. But holding and at the same time taking profits would be the best thing to do I think because we can see a lot of successful individuals using that technique especially with memecoins nowadays and that might also works with Bitcoin.

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Re: Did You take advantage of BTC at 100k
« Reply #4 on: December 06, 2024, 04:54:32 PM »
Since I expect the bottom to be between $60,000 and $80,000, the appropriate selling price would be between $120,000 and $140,000, but some may prefer to sell at the current levels if the buying price is $15,000 to $40,000.
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Re: Did You take advantage of BTC at 100k
« Reply #5 on: December 06, 2024, 05:03:17 PM »
and holding for long term I feel BTC might close the year at 125k
I think bitcoin will go above $125000 before bear market will begin but I do not think if we can achieve this in this December or not. We should look beyond what will still happen this year which can help us to continue to hold. I can see $90000 as a very strong support now as bitcoin fell down to the price yesterday but increased back gradually. I do not think we should sell out coins until mid of next year. And also not good to sell all as bitcoin will still increase after a long period of time.

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Re: Did You take advantage of BTC at 100k
« Reply #6 on: December 06, 2024, 05:04:50 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k
Bitcoin price will go up a lot more we believe it and sometime in future bitcoin price may exceed million dollar but it will take long years. Bitcoin is currently at the highest price of its life so a major correction in Bitcoin price is due and therefore investing in Bitcoin is very risky at this time. Now is the time for those who have been holding bitcoins for a long time to sell them and wait for another bitcoin correction. And they will buy bitcoin again in dip market and wait for next ATH. So I don't think it would be very good to buy Bitcoin in this current market condition
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Re: Did You take advantage of BTC at 100k
« Reply #6 on: December 06, 2024, 05:04:50 PM »


Offline hugeblack

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Re: Did You take advantage of BTC at 100k
« Reply #7 on: December 06, 2024, 06:05:18 PM »
I can see $90000 as a very strong support now as bitcoin fell down to the price yesterday but increased back gradually. I do not think we should sell out coins until mid of next year. And also not good to sell all as bitcoin will still increase after a long period of time.

At this stage, the support and resistance levels are not working well, as the price is still testing new levels, and at that time, any level above $73,000 is still subject to being broken.


The rapid rise and slow correction are the characteristics of this stage.
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Re: Did You take advantage of BTC at 100k
« Reply #8 on: December 06, 2024, 07:03:12 PM »
Congratulations on the profit
Every profit is welcome, don't compare yourself to whales because we are ordinary users, and 300 USD profit is a very good amount
To give you an idea, 300 USD is more than the minimum wage in my country  :o

But here I haven't sold practically anything yet hehehe, I want to keep my satoshis for a long time
The fiat currency is depreciating very fast
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Re: Did You take advantage of BTC at 100k
« Reply #9 on: December 06, 2024, 07:04:53 PM »
No...
$100K already seems high and tempting for you to take advantage now or whoever the investor is but I will hold back a little more because the future prospects seem to be going up to $150K at least that is what is expected.

People buying at $20K to now $100K means they already have a high profit.

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Re: Did You take advantage of BTC at 100k
« Reply #10 on: December 06, 2024, 07:34:24 PM »
$100K already seems high and tempting for you to take advantage now or whoever the investor is but I will hold back a little more because the future prospects seem to be going up to $150K at least that is what is expected.
Sure, $100k is a high price for Bitcoin. It is probably the target price for many people to sell their Bitcoin. But it is cool that you prefer to hold your Bitcoin and you believe Bitcoin may reach $150k. Why you are so confident? Do you have some reasons that Bitcoin may reach $150k?

People buying at $20K to now $100K means they already have a high profit.
If people bought their Bitcoin at $20k, they already got huge profits if they sell their Bitcoin at the current price. I think it is not a bad idea to sell and take profits gradually.

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Re: Did You take advantage of BTC at 100k
« Reply #11 on: December 06, 2024, 07:44:58 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k

The price went down below $100k but as I'm typing, it went up again above $100k, the $100k looks not strong yet but if we can see some price action and it stand still for while, I'm very sure that this will becomes a new support and a resistance and we will move forward to as high as $125k but I still think that this will comes with US government involvement.

In addition, we will be seeing up and down in this price range because about $400m was wipe from the market, there would definitely be liquidation between market short and long position before any major move.
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Offline salad daging

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Re: Did You take advantage of BTC at 100k
« Reply #12 on: December 06, 2024, 08:05:23 PM »
But it is cool that you prefer to hold your Bitcoin and you believe Bitcoin may reach $150k. Why you are so confident? Do you have some reasons that Bitcoin may reach $150k?
Yes I have my own reasons for seeing a price of $150K in 2025 even if it's just a prediction...
Maybe when Trump is officially inaugurated it will push bitcoin up, because when Trump won bitcoin shot up.

People buying at $20K to now $100K means they already have a high profit.
If people bought their Bitcoin at $20k, they already got huge profits if they sell their Bitcoin at the current price. I think it is not a bad idea to sell and take profits gradually.
Of course it's not a bad idea because it's already a 5x profit so selling defensively they still get a decent profit.

Offline pieppiep

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Re: Did You take advantage of BTC at 100k
« Reply #13 on: December 06, 2024, 10:04:30 PM »
But it is cool that you prefer to hold your Bitcoin and you believe Bitcoin may reach $150k. Why you are so confident? Do you have some reasons that Bitcoin may reach $150k?
Yes I have my own reasons for seeing a price of $150K in 2025 even if it's just a prediction...
Maybe when Trump is officially inaugurated it will push bitcoin up, because when Trump won bitcoin shot up.
For any prediction there is always a reason that stems from observation and learnt experience and so it is easy for us to correlate a number of events with changes in a particular prices. Therefore, it can be reasonable for instance to analyse how the market responds to change in the political environs or even policies. However, it would be good if still we come across various other features that also influence the prices such as use of technology, regulations or international factors. Like that way, we are more ready for everything that is going to happen, while not completely relying on one assumption.

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Re: Did You take advantage of BTC at 100k
« Reply #14 on: December 06, 2024, 10:27:29 PM »
I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k
Everyone must have their own target in achieving profits. And to be honest at $100k yesterday, I did set a target price to take profits and in the end it worked. Actually, it wasn't exactly at $100k, but at $102k, and I did that because I did set a certain target price. and for the next target to set taking profits is $110k.

I know this is controversial and many people say it's a shame to have taken profits. but I did it for certain purposes. and I have calculated the situation, and it's not TP all in, just a small percentage. And that becomes additional capital for other investments.

 

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