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

[SmartGold01]

The major thing is knowing how to follow the market smartly because you could want to trade the market and went other ways, usually trading on bitcoin/USD is the most secured and reliable way to trade than other pairing up other shitcoin to trade.
Most times it's more important to hold if you don't really understand the market movement and actions during unexpected increase in the market.

Long-term holding strategy is only true for BTC and luckily we have BTC to secure profits in each new season. Those who want higher returns have prioritized altcoins but currently, most of them cannot have as much profit as BTC holders because bitseason is still ongoing and altseason has not yet arrived.

Yes this is the only way to overcome the market for long run because bitcoin season is still running and we shouldn't lose any sat at the cost of trading if we don't know how the market reacts overtime. We can still apply DCA before the market bull starts fully by January in few weeks now. Vast majority of people are into saying that the bitcoin bull will start by Q3 next year but I seems to be a bit lost because usually bitcoin bull starts from January and above.

[KryptoBull]

Yes this is the only way to overcome the market for long run because bitcoin season is still running and we shouldn't lose any sat at the cost of trading if we don't know how the market reacts overtime. We can still apply DCA before the market bull starts fully by January in few weeks now. Vast majority of people are into saying that the bitcoin bull will start by Q3 next year but I seems to be a bit lost because usually bitcoin bull starts from January and above.

Every investor will have their own speculation about BTC's price increase, and each person always has their own reasons. I can't predict the future, so I just follow the current fluctuations and take profits at my clear targets.

I've also stopped DCA because I've already used all my capital in 2024. The only possibility that I would buy BTC with my current USDT is when the BTC price drops suddenly by 20%-30% in one week due to some bad news that we can't predict.

[examplens]

Isn't it obvious that everyone who invested before November is now in profit? OK, except for those who sold in panic at the first correction.
You don't need to be a great scientist, when the market is constantly growing, to be in profit.
Isn't there a bigger dilemma, whether to terminate positions now or wait longer?

[bayu7adi]

Many people plan to sell their crypto in 2025, expecting it to be the strongest growth year of the entire cycle. I share that expectation but I still choose to take partial profits as planned. Previously I thought BTC could only break 100K USD in 2025

150K USD is also a common target for the community this season. I really hope the whales will surprise us by pushing the BTC price to over 250K USD!

If you want to get even bigger profits, the next halving cycle is certainly a good time to sell it, but our targets are different in investing in Bitcoin, each person's time frame and price target are different, even if someone forces themselves to remain greedy, it is not good for their financial health. ...

I also took the same steps as you, I have taken most of the profits when the price rose from $ 80k, and now the BTC I have is only a small part that I will hold until January 2025 ... waiting for the moment when Trump begins to use his power to increase profits for investors according to his campaign promises.

[KryptoBull]

If you want to get even bigger profits, the next halving cycle is certainly a good time to sell it, but our targets are different in investing in Bitcoin, each person's time frame and price target are different, even if someone forces themselves to remain greedy, it is not good for their financial health. ...

I also took the same steps as you, I have taken most of the profits when the price rose from $ 80k, and now the BTC I have is only a small part that I will hold until January 2025 ... waiting for the moment when Trump begins to use his power to increase profits for investors according to his campaign promises.

I agree with you, we have different strategies when participating in this market. Traders just want to trade, they bought BTC at 75K and sold at 80K, then bought at 90K and sold at 100K. Holders can hold BTC from 2017 until now with a profit of +400% - 1000%.

I don't belong to either group, I'm in between. I hold but don't want to suffer the negative impact of the crypto winter. I DCA during the crypto winter and then RDCA when the price rises to a significant price range like 100K for BTC.

Each investor will choose the right investment strategy, I just share my investment journey here so that everyone can refer to.

[0t3p0t]

we have different strategies when participating in this market. Traders just want to trade, they bought BTC at 75K and sold at 80K, then bought at 90K and sold at 100K. Holders can hold BTC from 2017 until now with a profit of +400% - 1000%.

I don't belong to either group, I'm in between. I hold but don't want to suffer the negative impact of the crypto winter. I DCA during the crypto winter and then RDCA when the price rises to a significant price range like 100K for BTC.

Each investor will choose the right investment strategy, I just share my investment journey here so that everyone can refer to.

I agree with you mate, I have been tried holding for like I think that was more or less than five months and the result is terrible as bear keep on pushing and my funds end up pinned. At first it was in profit but as days have past it turns red and it's too late for me to cut loss because it's too deep. I like your idea of taking profit every significant price ranges I am gonna do like that soon if I have enough or extra money to DCA.

[JoyMarsha]

• 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 haven't yet because I believe that there are many high prices to see by next year. A price above $10Ok will be seen a lot. It's left for me to choose the preferable amount I want to sell my Bitcoin for profits.

2. To sell some parts of my Bitcoin, to hodl the rest to whatever they future holds for Bitcoin. It can reach $250k in that same future, who knows.

3. Possible of $150k-#180, next year. Remember, all these are predictions, not for someone to placed their mind on it, forgetting that the market is unpredictable and volatile

[Baofeng]

we have different strategies when participating in this market. Traders just want to trade, they bought BTC at 75K and sold at 80K, then bought at 90K and sold at 100K. Holders can hold BTC from 2017 until now with a profit of +400% - 1000%.

I don't belong to either group, I'm in between. I hold but don't want to suffer the negative impact of the crypto winter. I DCA during the crypto winter and then RDCA when the price rises to a significant price range like 100K for BTC.

Each investor will choose the right investment strategy, I just share my investment journey here so that everyone can refer to.

I agree with you mate, I have been tried holding for like I think that was more or less than five months and the result is terrible as bear keep on pushing and my funds end up pinned. At first it was in profit but as days have past it turns red and it's too late for me to cut loss because it's too deep. I like your idea of taking profit every significant price ranges I am gonna do like that soon if I have enough or extra money to DCA.

Yeah, and just like the last week or so, Bitcoin is being hit hard and it seems that the bears has taken over, hehehe.

But let's see what will be the push at the end of the year, I was hoping to see $100k and maybe to take some. I didn't sell at the peak because I speculate that it could go higher. But the risk didn't pay off as now we are below 6 digits.

[KryptoBull]

I agree with you mate, I have been tried holding for like I think that was more or less than five months and the result is terrible as bear keep on pushing and my funds end up pinned. At first it was in profit but as days have past it turns red and it's too late for me to cut loss because it's too deep. I like your idea of taking profit every significant price ranges I am gonna do like that soon if I have enough or extra money to DCA.

I also have been in your shoes and it's really frustrating to reject profits and accept losses, or hold to stoploss. I learned RDCA from some KOLs on youtube and decided to apply it this season, first with BTC and then with altcoins in altseason.

We can't ask the market to fluctuate according to our perspective, we can only act cautiously and manage risks safely, DCA & RDCA are strategies to do that. DCA doesn't require a large capital, if you believe in a certain token, you can DCA daily or weekly with a very small amount of capital.

[SmartGold01]

I had to sell some Bitcoin for my business, and I am glad I could sell at a good price range. I did not intend to sell right now, but I needed money to invest in my business. I still hold a couple thousand dollars. I probably will never sell all my Bitcoin holdings because I do not want to miss the train of a million dollars. I know I won't be able to manage to gather one Bitcoin ever, but I will still hold whatever I can. One thing I do not understand is why the entire crypto market is crashing while Bitcoin is moving uptrends.

1 million can seems to be over predicted because currently bitcoin is still under 108k, and for it to get to $1m we are talking about two halvings, though this next is still unpredictable as anything is possible to happened.
When you buy and hold for long time you don't need to panic over the time as price doesn't double instantly, so we just have to project ourselves when to sell or when to take profit and refill our wallet again.

[God Of Thunder]

1 million can seems to be over predicted because currently bitcoin is still under 108k, and for it to get to $1m we are talking about two halvings, though this next is still unpredictable as anything is possible to happened.
When you buy and hold for long time you don't need to panic over the time as price doesn't double instantly, so we just have to project ourselves when to sell or when to take profit and refill our wallet again.

We are talking about the future. As you admit already, anything is possible. Let's say we return to the same topic after a decade; we may hit a million by then. Bitcoin will be there forever. Probably, it won't be that volatile in the future. There won't be much supply in the future. The old timers will enjoy that time.

I am not panicking at all. I know Bitcoin will recover, no matter if it goes below 50K again. People will have a chance to buy more cheap coins. But I am sure a lot of people will still not buy, thinking Bitcoin is going to be zero.

[KryptoBull]

We are talking about the future. As you admit already, anything is possible. Let's say we return to the same topic after a decade; we may hit a million by then. Bitcoin will be there forever. Probably, it won't be that volatile in the future. There won't be much supply in the future. The old timers will enjoy that time.

I am not panicking at all. I know Bitcoin will recover, no matter if it goes below 50K again. People will have a chance to buy more cheap coins. But I am sure a lot of people will still not buy, thinking Bitcoin is going to be zero.

We only know the past and the present, we cannot predict the future, so investing in and following the development of BTC is truly exciting. Each investor has their own expectations and beliefs, so our decisions are different and create market fluctuations.

Currently, we can look back at BTC 10 years ago and regret missing the opportunity to buy a lot of BTC at a low price of under 50 USD. 10 years from now, looking back at this time, we might regret missing the opportunity to buy BTC at a price below 100K USD, or we might only remember BTC as part of the crypto bubble that has permanently disappeared

I am a pragmatic investor, so I have decided to take profits on a portion of my BTC. In addition to protecting my investment, it also means my believing that BTC will continue to adjust deeper in the next crypto winter.

[bhadz]

I already did cashed quite hefty amount of money from the longterm holding that I have. But that does not mean that I am already out. I still hold some and will continue to hokd and DCA because that is how it should be if you believe that this asset will last a lifetime. We still have a year for this bull run, so decide pretty well and enjoy your money not only for the holidays but also for your dreams.

[God Of Thunder]

Currently, we can look back at BTC 10 years ago and regret missing the opportunity to buy a lot of BTC at a low price of under 50 USD. 10 years from now, looking back at this time, we might regret missing the opportunity to buy BTC at a price below 100K USD, or we might only remember BTC as part of the crypto bubble that has permanently disappeared

Yeah, anything is possible in the cryptocurrency world. Nobody thought Bitcoin would break its previous ATH before the halving. But it happened. Last time, some Bitcoin analysts like PlanB predicted that Bitcoin would hit 100K in 2021, and I was holding tight relying on those analyses. But that did not happen and I lost a couple of thousand dollars.

Sometimes we have to expect the unexpected and sometimes we have to be ready for any situation. The crypto market is so unpredictable. nobody knows what is going to happen after a decade. But let's expect something good.

[gunhell16]

The major thing is knowing how to follow the market smartly because you could want to trade the market and went other ways, usually trading on bitcoin/USD is the most secured and reliable way to trade than other pairing up other shitcoin to trade.
Most times it's more important to hold if you don't really understand the market movement and actions during unexpected increase in the market.

Long-term holding strategy is only true for BTC and luckily we have BTC to secure profits in each new season. Those who want higher returns have prioritized altcoins but currently, most of them cannot have as much profit as BTC holders because bitseason is still ongoing and altseason has not yet arrived.

Yes this is the only way to overcome the market for long run because bitcoin season is still running and we shouldn't lose any sat at the cost of trading if we don't know how the market reacts overtime. We can still apply DCA before the market bull starts fully by January in few weeks now. Vast majority of people are into saying that the bitcoin bull will start by Q3 next year but I seems to be a bit lost because usually bitcoin bull starts from January and above.

Since the time before the month of November, bitcoin started rallying in price, right? and even continued to ATH several times after the US presidential election counting. So when bitcoin reached the price of 80k$, there were other btc holders who took profits that would last for a long time holding bitcoin.

And the others took profits because they knew there would be a short correction in the market at that time, they made them sell and they bought back again until now.