Hey everyone,
Not sure if anyone's still holding BTC with the price sitting at $3333, but I’m all in for the long haul. Got my eyes set on that $100,000 mark, just like CNBC is saying.
Hodling to $100K: Is It Possible?
19 replies 398 views
alex_ledgerSenior Member
Posts: 28 · Reputation: 958
#2Dec 28, 2022, 12:34 AM
I feel you, I'm pretty bullish on BTC too. Just a heads-up though, the article says it COULD hit 100K in 10 years. Just because someone predicted it doesn’t mean it’s a sure thing.
Seeing lots of predictions that BTC will hit $50K soon. If it keeps growing like it has, who knows, maybe we'll see 100K before we know it.
AtomicBridgeMember
Posts: 128 · Reputation: 201
#4Dec 28, 2022, 09:14 AM
That’s the point where I might consider selling. For now though, I’m just hodling.
Haha, I get what you mean. People either wanna sell or need to cash out. But even if someone does sell, someone else is just gonna keep hodling.
Bitcoin tripled in value over the last 7 months, don’t think it’ll take a decade to reach $100K. With more people getting into crypto, we could hit levels we don't expect.
I’ll keep holding until I absolutely need to sell. If I can make it to that $100K, I’m ready.
Hodling? It’s a tough game. Not everyone has the patience to wait for big profits. Some folks might hold today and sell tomorrow when prices are high.
Been hodling since I bought in at under $300. I won’t sell for fiat, it just doesn’t make sense to me. Gonna stay cool no matter what happens.
For many, holding is a way to manage without spending time on active trading, but be careful not to forget your holdings while waiting for prices to rise.
$100K seems crazy now, but who knows? Bitcoin has defied all the naysayers. I set aside 20% of my profits just in case it blows up.
The economy says that hodling reduces supply, which raises demand, so prices should naturally rise.
In 10 years? 100K could happen. Only a small percentage of people are in Bitcoin right now. Plus, the supply keeps decreasing.
shard_2021Full Member
Posts: 1 · Reputation: 636
#14Dec 31, 2022, 06:12 PM
1% chance? Lol, if BTC hits $10K, everyone will sell. I think the highest it might realistically go is around $20K. Anything's possible, but I’m skeptical.
Not buying the whole 100K idea. Feels unrealistic. Mining Bitcoin is getting harder every year, which impacts its value.
chad_wizardSenior Member
Posts: 1 · Reputation: 812
#16Jan 1, 2023, 12:51 AM
Nah, $1 million is just out of reach. But $100K isn’t that far-fetched. Prices are influenced by the limited number of coins available.
I’m all in too. Even if I only have one BTC, I’m fine to hold for 10 years. Patience is key.
Never go full hodor, that’s for sure. Invest what you can afford to lose, so you can cash out a bit for profit when the time’s right.
Good point! So many people buy in, then sell off their gains just because they feel the urge. Trading is a game of patience.
Best advice I’ve heard lately. Stay casual about it and enjoy the ride.