BTC hit 100K USD: have you taken your first profit in this uptrend?

[KryptoBull]

I joined the crypto market in 2017 when ICOs were everywhere, touted as an alternative to traditional IPOs. Now, it sounds so silly, but at that time, I and many others actually believed in it. I lost all my ICO profits during the crypto winter. All I got was experience and an idea: BTC is the real valuable asset in this market, and BTC could reach 100K USD someday in the future. That was in 2019 when BTC had just recovered from 3K USD, and I still had the opportunity to buy BTC at around 10K USD.

In 2021, we heard about the super cycle, and super cycle meant BTC at 100K USD. However, that never happened, and the recovery of BTC at the end of 2021 was just a market trick to create more losses. I couldn't sell BTC above 60K USD. I exited the market in early 2022 when BTC was at 40K USD, and I made a pretty good profit compared to traditional business profits.

I started DCA in 2023 with the expectation of 100K for BTC USD. And now that it has happened, I am officially implementing the Reverse DCA plan: I will gradually sell BTC at different targets to ensure that I have the opportunity to sell BTC at the ATH of that season. My average DCA price is around 50K USD, so I've just made a 100% profit. I've decided to sell 20% of my BTC for USDT. The remaining 80% will be sold in the future when BTC continues to reach higher targets like 150K USD & 200K USD or when the market shows negative signals, such as falling out of the Kumo cloud or the uptrend line.

I know many investors/diamond hands will laugh at me for doing this because they believe BTC price will continue to rise after Trump takes office next year, but I have clear reasons to stick to my RDCA strategy. Taking profits helps me protect my capital, protect my personal psychology, and helps my family see real results from my investment journey. A 20% profit can help me stay in the game longer and make bigger profits from the crypto market this season and in many seasons to come. At the same time, I don't have the psychological and financial capacity to hold BTC for 10-20 years or hold-to-die. I find myself more suitable for cyclical investment strategies.

I would like to know your opinion on this:

• Have you taken any profits from crypto this season?
• What is your profit-taking plan for this season?
• What price do you think BTC can reach its ATH this season?

Note:

• My opinion has been presented in a topic, on BitcoinTalk forum.
• This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
• This statement is to avoid accusations of plagiarism.

[TomPluz]

Congratulations for the potentially 100% profit as BTC is now in the vicinity of $100K (though there has been a slight correction even at this moment but we know BTC will eventually go forward to $110K in no time at all). I love reading your story and the smart decisions you made (despite what happened to you in the ICO days). Yeah, I agree with your RDCA strategy as this can also allow you to have something to show for your cryptocurrency investments. As for me, I am still waiting for the time when BTC will reach $150K before I may make a move...am just hoping that there will be no crypto winter before BTC can make that goal.

[MrSpasybo]

• Have you taken any profits from crypto this season?
• What is your profit-taking plan for this season?
• What price do you think BTC can reach its ATH this season?

First of all, congratulations on profiting from DCA. Whether it's a little or a lot, profits are always valuable, and you've even made a 100% profit, which is 10 times the interest rate of a bank deposit over the past 2 years!

1. I haven't sold my crypto yet, I'm still continuing to accumulate or considering allocating a portion of BTC to ALTs.

2. My plan is when the market shows signs of a bullish pattern breakdown, or when some indicators are overheated, I will partially close my position according to each signal in the market.

3. I don't reject abnormally high prices for BTC in this cycle because anything is possible, but I have high expectations for BTC to reach the $150K-$170K zone in this cycle.

[yhiaali3]

Congratulations on the profits, it's so nice to see the results of your patience and winning strategy in the long run after a long wait. Congratulations to you and all those who got their profits after a long wait.

For me, my target was $100K, I intended to sell all my bitcoins at this number but due to the bullish market situation I will change my strategy a little, I will buy when the correction happens and then I will wait to sell when the next peak is achieved at $140-150K, I hope we will see these numbers soon.

[hugeblack]

It is better to ask for percentages without specifying how much Bitcoin you own, as this may attract the attention of scammers to your account and you may notice an increase in phishing links and people trying to steal from you.


There is a good chance that the average price will be between 100k and 150k, so try to have most of your sales between 110k and 140k.

[0t3p0t]

I would like to know your opinion on this:
1. Have you taken any profits from crypto this season?
2. What is your profit-taking plan for this season?
3. What price do you think BTC can reach its ATH this season?

1. Nah, haven't taken any profit yet from this crypto season hopefully soon and things will be great.
2. Well, I'm tryna get the peak on this season and then decide how much percentage I am gonna sell.
3. I bet $150k to $500k maybe from that range. I am still bullish with Bitcoin so possibly hit that as 2025 ends.

[KryptoBull]

1. Nah, haven't taken any profit yet from this crypto season hopefully soon and things will be great.
2. Well, I'm tryna get the peak on this season and then decide how much percentage I am gonna sell.
3. I bet $150k to $500k maybe from that range. I am still bullish with Bitcoin so possibly hit that as 2025 ends.

150K-500K is a very wide range to act upon. I don't even have a 500K target for BTC this season. I might sell all my BTC at a maximum of 250K. I can't handle the pressure from such huge profits

I hope you'll share how you determine the peak of the entire season so you can take profits at the right time. Usually, signals from technical indicators like MACD, RSI, Ichimoku... are often quite late, and investors accept that.

[joniboini]

150K-500K is a very wide range to act upon. I don't even have a 500K target for BTC this season.

I can see selling 5% when the price reaches $150k, 5% more when it reaches $180k, and so on. So yeah it depends on your exit plan. I doubt most long-term investors would sell all of their coins though. Even if they sell nearly all of them and have a plan to buy back when we enter the bear market the fear of missing the right timing can affect their decision. After all missing 10% profits is better than missing the ride from $100k to $200k or more. Or you can also miss the chance to take a profit if you're being too greedy.

[Azharul]

I would like to know your opinion on this:
1. Have you taken any profits from crypto this season?
2. What is your profit-taking plan for this season?
3. What price do you think BTC can reach its ATH this season?

1. Nah, haven't taken any profit yet from this crypto season hopefully soon and things will be great.
2. Well, I'm tryna get the peak on this season and then decide how much percentage I am gonna sell.
3. I bet $150k to $500k maybe from that range. I am still bullish with Bitcoin so possibly hit that as 2025 ends.

I think that you could express absulatly a best opinion in your comment. So i am also agree with your comment. If we follow in cryptocurrency market, we can see that bitcoin price is increase day by day. I am also believe that bitcoin price is also be best profitable level within a short time. So if we wait until to reach in best position of bitcoin in cryptocurrency market. I think that in this time we can sell my asset for best profit. So i believe that we should taken step to earn best profit for understand in cryptocurrency market.

[KryptoBull]

I think that you could express absulatly a best opinion in your comment. So i am also agree with your comment. If we follow in cryptocurrency market, we can see that bitcoin price is increase day by day. I am also believe that bitcoin price is also be best profitable level within a short time. So if we wait until to reach in best position of bitcoin in cryptocurrency market. I think that in this time we can sell my asset for best profit. So i believe that we should taken step to earn best profit for understand in cryptocurrency market.

The most difficult problem is determining the right time to take profits in an uptrend because uptrends often occur for a short period of time and investors are often too optimistic so they want to hold to die. I don't have this ability so I apply DCA to not miss the opportunity to take profits in an uptrend.

Everything will be easier if investors have a good position thanks to DCA in a downtrend. A good position and a good mindset will create conditions for making wise decisions to generate profits.

[LogitechMouse]

I would like to know your opinion on this:

• Have you taken any profits from crypto this season?
• What is your profit-taking plan for this season?
• What price do you think BTC can reach its ATH this season?

1. I've said in my previous posts that I will take profit when Bitcoin reached $100,000 but for some reasons, I didn't take profit at that time. I saw it happen, but I didn't take any action to sell a portion of my Bitcoin. I don't know maybe it's because of my belief that it might go even higher in the upcoming weeks since 2025 is our expected year where the market will go bullish.

2. $110,000, $120,000, $125,000. That's my 3 targets right now, and TBH, I'm a bit hesitant about selling it at $125,000 because I believe it's too high for me and I believe that it might not get reached. Of course, it's my prediction and many here are predicting that it will go as high as $150,000 which it can be, but what are the chances?

3. My conservative prediction would be $120,000, but my unrealistic prediction is $150,000 as well.
Whatever the case is, always have a selling strategy as well the same as your buying strategy. If there's a DCA in buying, there's also a DCA in selling so have price selling targets as well and don't hold it for too long because you might miss the opportunities.

[KryptoBull]

1. I've said in my previous posts that I will take profit when Bitcoin reached $100,000 but for some reasons, I didn't take profit at that time. I saw it happen, but I didn't take any action to sell a portion of my Bitcoin. I don't know maybe it's because of my belief that it might go even higher in the upcoming weeks since 2025 is our expected year where the market will go bullish.

2. $110,000, $120,000, $125,000. That's my 3 targets right now, and TBH, I'm a bit hesitant about selling it at $125,000 because I believe it's too high for me and I believe that it might not get reached. Of course, it's my prediction and many here are predicting that it will go as high as $150,000 which it can be, but what are the chances?

3. My conservative prediction would be $120,000, but my unrealistic prediction is $150,000 as well.
Whatever the case is, always have a selling strategy as well the same as your buying strategy. If there's a DCA in buying, there's also a DCA in selling so have price selling targets as well and don't hold it for too long because you might miss the opportunities.

I think the hardest thing for investors is to maintain discipline, which means being careful in planning and seriously executing those decisions. In a heated market, we often become overly optimistic and forget to take profits. Then others will take profits for us

You also don't need to worry too much because I believe the BTC price will continue to rise in the future and conquer 110K USD, 120K USD, and 150K USD as FOMO takes place on a national scale. We have all of 2025 to look forward to new ATHs!

[bayu7adi]

I would like to know your opinion on this:

• Have you taken any profits from crypto this season?
• What is your profit-taking plan for this season?
• What price do you think BTC can reach its ATH this season?

1. I have sold most of the BTC I have accumulated since 2022, and for the past two years I have been quite happy because I have profited from my patience... currently I am holding a small amount of BTC to sell if the price reaches $110k or I will hold it again if the price tends to go down or sideways...

2. I sold my BTC in stages... initially my target was to sell 100% of my BTC at $80k, but I changed my mind and sold it starting at $80k, $85k, $90k, $95k and finally $100k... each portion was 20%...

3. Don't want to guess and I'm already happy with the profit I got...

[KryptoBull]

1. I have sold most of the BTC I have accumulated since 2022, and for the past two years I have been quite happy because I have profited from my patience... currently I am holding a small amount of BTC to sell if the price reaches $110k or I will hold it again if the price tends to go down or sideways...

2. I sold my BTC in stages... initially my target was to sell 100% of my BTC at $80k, but I changed my mind and sold it starting at $80k, $85k, $90k, $95k and finally $100k... each portion was 20%...

3. Don't want to guess and I'm already happy with the profit I got...

Congratulations on your profit from the long-term BTC accumulation strategy throughout the 2022-2023 crypto winter. Taking profits is something that needs to be done in the market because we invest to make a profit, not to keep investing

You have a lower target than me, so you've sold most of your BTC from 80K, and the remaining small portion will be sold at 110K. If BTC price exceeds 110K, do you have a plan to buy BTC at 115K to sell at a higher price?

[hugeblack]

You have a lower target than me, so you've sold most of your BTC from 80K, and the remaining small portion will be sold at 110K. If BTC price exceeds 110K, do you have a plan to buy BTC at 115K to sell at a higher price?

Such a plan would be bad, as anyone who sold at $80-90k would now risk buying at a price higher than $100k. No one knows the minimum long-term price of Bitcoin, but it will be between $50k and $85k, so any price in this range would be suitable for building a long-term strategy.