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Poll

Have you taken profits (partial or full) this season?

Yes
11 (47.8%)
No
11 (47.8%)
Just want to check result
1 (4.3%)

Total Members Voted: 23

Author Topic: BTC hit 100K USD: have you taken your first profit in this uptrend?  (Read 18769 times)

Offline KryptoBull

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #30 on: December 16, 2024, 08:52:16 AM »
Yes, maybe some people have already taken their profits because they are old investors who have bought at a very cheap price under $20k and have survived until now or sold some to take profits.

That's a very natural thing in my opinion because the purpose of investment is to make a profit,
so they have unfortunately taken advantage of it and have carried out their strategy until the end.

But some people are still holding on and confident that Bitcoin will reach even higher prices, as it has not yet reached its true peak.
We see January 2025, this will also coincide with the day that Trump is inaugurated.
Taking profits is part of the investment journey. The market always has both buyers and sellers, ensuring liquidity. I also took profits of 20% because I believe it aligns with my financial management criteria.

Taking profits doesn't mean I hope BTC price will drop from 100K to 80K or 50K. I'm still following BTC's upward trend and am ready to take another 20% profit when BTC price reaches other targets this season. Opportunities for greater returns lie in altseason, and I also hope it will come in January next year when Trump officially takes office and implements his plans for crypto.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #30 on: December 16, 2024, 08:52:16 AM »

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #31 on: December 16, 2024, 04:13:04 PM »
Yes, maybe some people have already taken their profits because they are old investors who have bought at a very cheap price under $20k and have survived until now or sold some to take profits.

That's a very natural thing in my opinion because the purpose of investment is to make a profit,
so they have unfortunately taken advantage of it and have carried out their strategy until the end.

But some people are still holding on and confident that Bitcoin will reach even higher prices, as it has not yet reached its true peak.
We see January 2025, this will also coincide with the day that Trump is inaugurated.
Taking profits is part of the investment journey. The market always has both buyers and sellers, ensuring liquidity. I also took profits of 20% because I believe it aligns with my financial management criteria.

Taking profits doesn't mean I hope BTC price will drop from 100K to 80K or 50K. I'm still following BTC's upward trend and am ready to take another 20% profit when BTC price reaches other targets this season. Opportunities for greater returns lie in altseason, and I also hope it will come in January next year when Trump officially takes office and implements his plans for crypto.
Honestly, for me, if we compare the price action in the past, even though Trump is inaugurated this coming January, I feel that this is a trap because the old price action in January is the date when the price dropped a lot. So, if you are expecting $80,000, it could happen in an instant, as has happened in the past. So, for those who are still holding, I recommend that you continue to take profits and set a stop loss if you do not want to sell at a low price. BTC is very volatile, and even when there is good news, the price action can change and turn into a bearish season, as it has in the past. However, altcoins are beginning to pump, which is a sign of altcoin season this might happen again.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #31 on: December 16, 2024, 04:13:04 PM »

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Offline Gurujebs

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #32 on: December 16, 2024, 05:44:03 PM »
]
Honestly, for me, if we compare the price action in the past, even though Trump is inaugurated this coming January, I feel that this is a trap because the old price action in January is the date when the price dropped a lot. So, if you are expecting $80,000, it could happen in an instant, as has happened in the past. So, for those who are still holding, I recommend that you continue to take profits and set a stop loss if you do not want to sell at a low price. BTC is very volatile, and even when there is good news, the price action can change and turn into a bearish season, as it has in the past. However, altcoins are beginning to pump, which is a sign of altcoin season this might happen again.

This is going to be like sell the news and buy the speculations, that's the roller-coaster ride everyone is doing right now and the people benefiting from this ride the most is Microstrategy, he is selling MSTR and buying Bitcoin, clever guy. By the time he succeeded in pumping Bitcoin to $200k and then the price stop at $150k correction, he will still be at huge profit.

I'm looking at the price action, there is less volume of traders accumulating Bitcoin at this level, that means many people are scared of buying Bitcoin at this price, any unexpected news here can do alot of damages.
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Offline KryptoBull

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #33 on: December 17, 2024, 10:41:21 AM »
This is going to be like sell the news and buy the speculations, that's the roller-coaster ride everyone is doing right now and the people benefiting from this ride the most is Microstrategy, he is selling MSTR and buying Bitcoin, clever guy. By the time he succeeded in pumping Bitcoin to $200k and then the price stop at $150k correction, he will still be at huge profit.

I'm looking at the price action, there is less volume of traders accumulating Bitcoin at this level, that means many people are scared of buying Bitcoin at this price, any unexpected news here can do alot of damages.
100K USD is a crucial level for market sentiment, and many will take action with BTC and crypto. Those satisfied with their profits will sell, while those looking to enter the market will buy, creating high liquidity for BTC.

Mstr is seeing significant profits, and Saylor is a hero in the market. However, I don't think I'm suited for the long-term accumulation and hold strategy for BTC. And even after taking  20% profit, I still hope BTC price will continue to rise in the near future, generating more profits and driving the growth of the entire market.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #34 on: December 17, 2024, 02:06:13 PM »
But some people are still holding on and confident that Bitcoin will reach even higher prices, as it has not yet reached its true peak.
We see January 2025, this will also coincide with the day that Trump is inaugurated.
An old bitcoin investor who bought bitcoins last year would be a big fool if they didn't sell now because they have a lot of profit in their bag at this point. To me, investment means that if you get a profit, you have to sell and run back to the investment. Because if bitcoin has another big crash then there can be huge losses. I always want to give more priority to the profit part. At this point i want to chase some altcoins because there could be a big pump for altcoins in the coming days.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #35 on: December 17, 2024, 04:35:58 PM »
100K USD is a crucial level for market sentiment, and many will take action with BTC and crypto. Those satisfied with their profits will sell, while those looking to enter the market will buy, creating high liquidity for BTC.
Yes, this is a milestone. And really, when BTC price managed to reach $100k, it quickly spread to all altcoins. Now, not only $100k, but ATH is already over $108k. And now, we are waiting for Bitcoin price milestone at $150k to be reached in this bullrun period. Well, it remains to be seen whether next year will happen or not. If not, at least, it will reach $120k or more.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #36 on: December 17, 2024, 10:05:56 PM »
100K USD is a crucial level for market sentiment, and many will take action with BTC and crypto. Those satisfied with their profits will sell, while those looking to enter the market will buy, creating high liquidity for BTC.
Yes, this is a milestone. And really, when BTC price managed to reach $100k, it quickly spread to all altcoins. Now, not only $100k, but ATH is already over $108k. And now, we are waiting for Bitcoin price milestone at $150k to be reached in this bullrun period. Well, it remains to be seen whether next year will happen or not. If not, at least, it will reach $120k or more.
showed a good movement after Trump was chosen to be a US president even though there was no inauguration of Trump as a US president because it would be done by January next year, but Bitcoin had jumped and had touched ATH $ 104K.
The price you mentioned $ 150K will occur next year after Trump's inauguration as the US President.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #36 on: December 17, 2024, 10:05:56 PM »


Offline Mia Chloe

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #37 on: December 17, 2024, 11:01:51 PM »
showed a good movement after Trump was chosen to be a US president even though there was no inauguration of Trump as a US president because it would be done by January next year, but Bitcoin had jumped and had touched ATH $ 104K.
The price you mentioned $ 150K will occur next year after Trump's inauguration as the US President.
At some point the trend was too good to be true and that was the more reason when we were consolidating at some point around 80k many persons were scared and actually sold off only for the bull to continue with a momentum even more effective than when it newly started. These days it's not you literally wake up every morning to see an extra 1k or more in addition to the last price you saw.

At this point many people aren't sure what's going to happen next and infact what the next target may be. Nevertheless it seems more like will be closing the year above a 100k.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #38 on: December 18, 2024, 04:39:59 AM »
Many people have made a lot of money by investing in Bitcoin. Some people sold their Bitcoins a long time ago, due to which they did not get much profit. I would like to tell them that if you could have waited for a long time, you might have been able to make a good amount of profit. We have to invest according to some rules at some point. For example, we should never be under excessive tension after investing. After that, we have to invest carefully, otherwise we will lose money if we do not invest in such coins.

We have to choose the right time to invest and then invest. If we do not invest at the right time and invest at the wrong time, it will be a big reason for us. So if we can achieve miracles about the market well, I don't think we will have to face big losses. Sometimes I have seen that we cannot make a profit by investing a lot because we cannot invest in time, due to which we face losses instead of profits. Sometimes we have to invest at such times. Even if we do not make a profit, we have to be careful not to fall into big losses.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #39 on: December 18, 2024, 04:14:21 PM »
At some point the trend was too good to be true and that was the more reason when we were consolidating at some point around 80k many persons were scared and actually sold off only for the bull to continue with a momentum even more effective than when it newly started. These days it's not you literally wake up every morning to see an extra 1k or more in addition to the last price you saw.

At this point many people aren't sure what's going to happen next and infact what the next target may be. Nevertheless it seems more like will be closing the year above a 100k.
Beyond knowledge and experience, I think investors also need faith to continue holding BTC to reach the target. Those who don’t have enough faith deserve to sell BTC below $100K because they only think about negative things in an extreme way.

Now that BTC has stabilized above $100K, I think it will maintain this price level until the end of the year before continuing to rise to new targets, like 140K USD as many people predict. Anyway, I'm already making a profit from BTC, and I'm ready to face any market fluctuations in the future.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #40 on: December 18, 2024, 05:33:28 PM »
Beyond knowledge and experience, I think investors also need faith to continue holding BTC to reach the target. Those who don’t have enough faith deserve to sell BTC below $100K because they only think about negative things in an extreme way.

Now that BTC has stabilized above $100K, I think it will maintain this price level until the end of the year before continuing to rise to new targets, like 140K USD as many people predict. Anyway, I'm already making a profit from BTC, and I'm ready to face any market fluctuations in the future.

This is not all about faith in Bitcoin if you keep holding you will always miss the chance to make profit and buy again later when the price drop.
Just like what happen recently when the price touches $108k that's a good opportunity to sell and later buy.
Since there's a pattern building up and signal you can later buy again in a fair value then hold so don't expect much that the price will drop below $100k because it doesn't show any patterns yet to see below $100k. I am expecting to see $120k and this is just a retracement and soon will rise again.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #41 on: December 18, 2024, 09:12:51 PM »
Beyond knowledge and experience, I think investors also need faith to continue holding BTC to reach the target. Those who don’t have enough faith deserve to sell BTC below $100K because they only think about negative things in an extreme way.

Now that BTC has stabilized above $100K, I think it will maintain this price level until the end of the year before continuing to rise to new targets, like 140K USD as many people predict. Anyway, I'm already making a profit from BTC, and I'm ready to face any market fluctuations in the future.

This is not all about faith in Bitcoin if you keep holding you will always miss the chance to make profit and buy again later when the price drop.
Just like what happen recently when the price touches $108k that's a good opportunity to sell and later buy.
Since there's a pattern building up and signal you can later buy again in a fair value then hold so don't expect much that the price will drop below $100k because it doesn't show any patterns yet to see below $100k. I am expecting to see $120k and this is just a retracement and soon will rise again.
The price of bitcoin survives at a price of more than $ 100k, maybe the best we can do to get short -term profit is to sell when reaching ATH and buying back when there is a decline and it is done repeatedly, because Bitcoin is getting stronger. And if we have a lot of capital we can buy other top coins, because I think this is still an opportunity to buy as preparation for the bullish season next year.
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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #42 on: December 18, 2024, 11:58:17 PM »
Yes, this is a milestone. And really, when BTC price managed to reach $100k, it quickly spread to all altcoins. Now, not only $100k, but ATH is already over $108k. And now, we are waiting for Bitcoin price milestone at $150k to be reached in this bullrun period. Well, it remains to be seen whether next year will happen or not. If not, at least, it will reach $120k or more.
showed a good movement after Trump was chosen to be a US president even though there was no inauguration of Trump as a US president because it would be done by January next year, but Bitcoin had jumped and had touched ATH $ 104K.
The price you mentioned $ 150K will occur next year after Trump's inauguration as the US President.
We will be looking forward to this moment happening, even if it doesn't happen immediately, then at least approaching that number is also very good for the movement of Bitcoin prices in the bullrun era later. This time, the trigger to be able to rise quite high is quite influential, one of which is apart from the Bitcoin halving approval, yes indeed from Trump's victory in the election which had an impact on several new regulations that are more crypto-friendly, it seems like it will be like that. let's just see how it goes in the future. Now, the price of BTC is dropping, a good time to pick more coins to buy this time for Bitcoin holding.
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Offline KryptoBull

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #43 on: December 19, 2024, 08:51:20 AM »
The price of bitcoin survives at a price of more than $ 100k, maybe the best we can do to get short -term profit is to sell when reaching ATH and buying back when there is a decline and it is done repeatedly, because Bitcoin is getting stronger. And if we have a lot of capital we can buy other top coins, because I think this is still an opportunity to buy as preparation for the bullish season next year.
Everyone wants to sell at the peak and buy at the bottom, and it would be even better if we could do it continuously to increase profits. However, what we can hardly do is to accurately determine the top and bottom of the market.

When the price rises, people tend to buy more because they believe the uptrend will continue, but the market often collapses immediately after. Conversely, when we buy more tokens in a downtrend, the price continues to fall sharply, causing us to lose money. That's why I choose DCA and RDCA to protect my capital and profits.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #44 on: December 19, 2024, 10:28:59 AM »
Today bitcoin have significant downtrend after success breaking new ATH now have dropped under $98k although take few hours only before recovering back to $101k. If have faster recovery looks not difficult for bitcoin keep at uptrend moment but today we got shock after bitcoin success hitting higher price how easily get down trend.
But if can return back to higher price looks at the end of this year bitcoin have positive moment making another new ATH for the next year, however waiting until few days later with bitcoin opportunity will break out more the latest ATH price or keep at downtrend moment.

 

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