Hey everyone, just wondering what price you guys are eyeing for selling your BTC. I think it’s more enlightening when you share your holdings too. Like, if a whale is about to sell at $70k, then we might see some serious selling pressure there. Let’s hear your thoughts.
What’s Your Price Point for Selling BTC?
19 replies 303 views
cobra_bullNewbie
Posts: 55 · Reputation: 19
#2Oct 10, 2021, 11:07 AM
I’m aiming for at least the previous all-time high or a bit more than that. I believe the price will bounce back, no matter how long it takes. But if you’re planning to sell, it really depends on your investment timeline. I’d recommend thinking long-term and averaging in during this dip.
Not sure yet. I’m pretty young and can afford to hold for now. I see Bitcoin as a retirement fund. Once I’m set for retirement, maybe I’ll pass it down to my kids. No specific sell date for me, just keeping it for my future.
Honestly, I’m not sold on the idea of signing a message with my BTC address. Seems sketchy. I get the security angle, but I value my privacy. As for selling, I’m just gonna hodl and keep accumulating. Not the right time to talk about sell targets, imo.
Longer holding could definitely pay off, but I have to consider my financial situation. Last year, I was aiming for $180k to sell but had to liquidate early due to circumstances. Bitcoin is a currency as well, so people should feel free to sell when they need to.
I see Bitcoin as a short-term investment. My target is around 10 to 30% profit from what I bought. I grabbed some BTC last month during the dip. If it gets close to $100k again, I’ll sell, but if it drops significantly after a rise, I’ll just buy back.
sigma_nodeSenior Member
Posts: 94 · Reputation: 1851
#7Oct 11, 2021, 11:42 PM
I’m holding out for at least $200k or $250k in the next bull run. We thought it would hit $150k last time but only got to $126k. I’m confident we’ll see a new ATH above $200k, so I’m just buying more and waiting for that sweet sell.
diamondhandsHero Member
Posts: 200 · Reputation: 2112
#8Oct 12, 2021, 03:53 AM
It’s really up to personal goals. Some folks want to hold until retirement, others are waiting for another bull run. Whatever your target is, be disciplined. If you hit your price, sell some but keep a portion for later, just in case.
Anyone getting into trading should have a plan. If you buy now and wait for your target, it’s easier since prices will likely go up. Both short and long-term strategies can work if you’re patient with your Bitcoin.
Knowing how to read charts is key for smart investing. It’s not mandatory, but it helps a ton. Bitcoin will bounce back to its last ATH and even break it. Having that knowledge can guide better decision-making.
History shows Bitcoin usually creates a new ATH after a bear market. But we can’t predict the exact price. I think using the last ATH as a sell point is a solid strategy, especially for those who bought during the dips.
AtomicGweiMember
Posts: 63 · Reputation: 63
#12Oct 13, 2021, 05:58 PM
Everyone has their own strategy since we all have unique goals. Personally, I’m waiting for the next ATH to sell. If you don’t need your funds immediately and can hold, waiting for a higher price is always better.
I’m seeing the same kind of question pop up on other forums. It really depends on personal strategy. Some people have long-term goals while others are in it for quick gains. Also, your entry price matters a lot.
Investing without a plan is a recipe for disaster. If you don’t set targets, you’re just asking for losses. Successful investors always have a plan to take profits at specific targets.
I remember when everyone was talking about hitting a million in 2017, then again in 2021, and now it’s 2026. Not everyone has a lot of BTC. If I had just 0.1 BTC, selling at $70k wouldn’t change much for me.
The choice of when to sell is entirely yours. But generally speaking, holding BTC longer tends to yield better profits. If you’re trading for short-term gains, you’ll need to keep a close eye on market fluctuations.
Any price above $100k sounds good to me. We’ve seen $120k+, and given the cycles, I expect something even higher. Prices like $200k to $1M could be realistic if you’re looking to retire.
nonce_2018Member
Posts: 142 · Reputation: 110
#18Oct 17, 2021, 05:58 AM
I think now might be a good time to sell and then buy back when the price dips. I sold some BTC when it was over $100k and I’m happy I did. I’m not buying right now since I believe 50k is a solid bottom.
I’ve already sold most of my assets at the ATH, around $110k, and now I’m in stablecoins waiting for a market dip. It’s all about looking for buying opportunities and planning for the next sell after the halving.
I’ve been selling without a set price lately, since my holdings are pretty small. I mostly use BTC for expenses. I should probably hold some long-term, but right now it’s not happening. If I had 1 BTC, I’d sell if it hit around $150k.
Related topics
- Newbies and Panic Selling: A Common Dilemma 21
- My Free BTC Trading Tool: No More Paywalls! 0
- Gold and Its Future Price Movements 3
- Faruk Fatih Ozer Found Dead in Prison: What Happened? 12
- Effective Strategies for Swing Trading in Crypto 20
- Why did you get into Bitcoin trading and how often do you trade? 19