Thinking about cashing out at the peak? Would you sell if we hit $109k again?

A lot of us were super hyped when Bitcoin first broke the $100k mark and even reached that all-time high of around $109k. There were tons of speculations going around that we wouldn’t see any significant drops until we hit the bull run peak, with guesses ranging from $150k to $200k. I bet most of us didn’t expect to see a dip down to $80k during this run, and I feel like a bunch of folks with weak hands are cashing out right now. So what do you think? Is this a sign that a bear market is on the way? If we happen to approach that ATH again, would it be a good chance for those looking to take profits during this bull run? For me, I still believe the bull run isn’t done and that Bitcoin might surge past $150k before we even think about a bear market. If you’re considering taking profits at the peak of this bull run, would you sell if we hit $109k again? Or would you hold out for even better returns, knowing that a bear market could kick off at any moment?

I will expect bitcoin to get to at least $115000 to $120000. If bitcoin get to $115000, I will prefer to sell some coins in profit. Also if it gets to $120000, I will sell some coins. If that happens some months to this time, that is an indication that bear market is about to begin if bitcoin is no more rising.

With a correction like this Anything that makes us get to that ATH again We crushing it. I didn't sell there before why would I again I'd aim higher. If we following previous cycle We still have some months for bullishness So patience and conviction our friend now.

I will sell some for paying debt, although the amount of my debt isn't high though. Honestly, I don't really know when should I sell, I'm trying to sell at the peak. I guess Bitcoin will hit at least $140K, then I will start to sell some with a purpose to buy Bitcoin at cheap price in the next few years and continue to flip it. From now on to June, it should be accumulation time instead of sell Bitcoin.

If the amount owed as debt isn't much why not source for alternative way to pay off the debt instead of selling the dip. The market is still unpredictable we never can tell what might become of Bitcoin price in the next few months. The peak is what no one can accurately tell but those who sold some when the price got around $109 were so lucky. They have a good chance to buy back and wait for another bull run. Accumulation is just the only solution to recover the loss and make more profit when the bull run starts again. Selling will only lead to regrets except there is no other option but to sell.  To remain consistent in the flipping method greed has to be far from the strategy. Most times we might have good plans on how to face the market but we end up spoiling it with some sentiments when the time approaches.

If the price of Bitcoin reaches $109,000 again, I will not sell my Bitcoin because since I did not sell my Bitcoin at $109,000, I have kept my investment. Even after the price drops, since I am not worried about my Bitcoin investment, then if it reaches $109,000, I will not sell my Bitcoin. I will hold my Bitcoin for a longer period. Also, all the big investment institutions are predicting Bitcoin and see a bright future for Bitcoin, so I am not worried about Bitcoin at all at the moment. I will hold Bitcoin and when a good position is created, then I will think about selling my Bitcoin.

You were right that we were very excited when the price of Bitcoin was 100K. But to be honest I didn't sell Bitcoin at that moment either we thought the price of Bitcoin would probably increase even more, at least to $150k but our plans have never been correct. In this market situation It can be said that the price of Bitcoin may not rise in a short time, so now we need to have strong faith and a lot of patience. Now my plan now is that the amount of money I have for myself has to be used properly and purchase Bitcoin because after this maybe the price of Bitcoin will definitely create ATH.

what you have said is true, most folks never believed that after bitcoin touched $109k that it will ever dip to the lease $80k but unfortunately it fell so dip that many impatient plebs sold out of fear of missing out.  but then many still held unto their words, never to sell  untill a speculated time frame which could be above $109K to $130k , but i don't think everyone will be so patient enough to Hodl till then, except for the true HODLers. for me i have a long term plan to HODL bitcoin, so i am not moved by any shake in the market.

No, because I think very long term. The bitcoin will reach a million dollars and until then at least I do not plan to sell a significant part of my holdings. And even so, as I think it is the best financial asset in the world I will always hold bitcoin. Another thing is that I will make small expenditures here and there depending on how the price goes.

Already have a target to sell bitcoin at $120K partially... and some bitcoin will be sold at $150K because they believe the bullrun is still not over. That way there is still a chance to continue to installments now at low prices, how people who believe they will buy again now. But panicky people will sell or sit on their hands when the price drops.

Yes, we are still in the bull run, so meaning this dump that we might be seeing is temporary. With that, I'm going to wait for the price to go higher, just like what you said, the target for me as well is around $150k-$180k. Obviously, it's hard to time when is the peak, but if everything works well and we it that price, I might sell some to take profits. Not all though, as I will wait till the price might go higher again. Bear market might appear next year so I'm not yet worried. Or maybe I will say just sell one time at 50% of my Bitcoin and then hold the remaining 50%.

I have similar strategy as yours on some holdings, although it is hard to actually predict the too but certainly anything actually rallying up bitcoin up to a new ATH before the last quarter of the year will definitely make it go uptill the $150k which is my profit target at the moment. So bitcoin crossing $109k before the last quarter simply means $150k is inevitable and this will most certainly happen in the last quarter considering how bullish the year is and also the last quarter. My target price of achieved I will sell the holdings actually set aside for this target and then use the funds to actually DCA more the following year which is my year of accumulation because I believe it will be bearish base on historical data

As a trader be sure people will sell that price or prices near a perceived top.   That always happens, but the strength of that selling and duration will vary.    Alot of advice given on this forum section is often basically dont trade, hold which is ironic when its called speculation but it is also good advice.

As you said, bear season can come at any time and no one knows until we are already in. You, me, and many others believe that the bull run is not over yet and that bitcoin price will reach $150k or higher. But honestly, that's just our expectation and wish because none of us have sold bitcoins and made a profit yet, nothing more. We have no guarantee that the bull season is not over yet. So in my opinion, instead of trying to find the highest peak of bitcoin in the bull cycle to sell, we should set a specific target and only sell when the price hits the target. Don't be too dependent on cycles and become subjective because there is no guarantee that history will always repeat itself and we will easily make profits.

You think the price will still turn to bullish market this year? I don't think we are going to see $100k or above because this new month made the price to decreased to $78k before the price manage to get to where it settle currently, and it has changed some holders mind not to expect bullish market again, I will sell if the price reach $109k  and I will use the opportunity to reserve some funds to buy when the bullish market finally arrive because that is what will make you as an investor to maintain steady income earning from bitcoin.

The bull run is not over yet. This correction is just a step to move the price to the next higher level. If you think the bull run is over and give up from waiting for the next highest price, you will regret and not having a chance to sell at that highest price. But if you decide to wait with patience and still accumulate especially in this down time, you will see your money value from your Bitcoin investment will increase following the price movement. If the price hits $109k again, I will sell some part of Bitcoin and hold until the price hits the new highest price. I don't mind to wait for some months because I believe the price will increase so high. I also notice that bear run can start anytime but I am not too worry of that since I already take my profit when the price already hits $109k

Traders will want to make a profit immediately so when they get close to the peak they will sell or may have their own targets. Actually, there is nothing wrong with trading as long as you are ready to take risks and how to manage well in terms of profit targets. If someone chooses to hold then it is better, meaning he will not think about how to properly trade.

When the price of Bitcoin reached $109,000, I had no Bitcoin to sell. If I had bought Bitcoin at a low price and invested and held it, then if the price of Bitcoin had reached $100,000 to $109,000, then of course I would have sold my Bitcoin. Since I don't have Bitcoin, I don't regret it at all. But now I have started accumulating some Bitcoins and then if Bitcoin reaches $150,000 to $200,000, I will sell my Bitcoin and wait for the price to drop a little, then invest again and wait for the long term.

I don’t sell based on price targets so for me the price is less of a concern, but I also have faith in the four year cycle so that might not be the best trading strategy. Still, I’ll probably sell some come September/October based on a time schedule. Although if the US government starts stacking with a multi-year plan, the 4-year cycle will likely become much less influential.

Im looking around 120k ish. Though at minimum I'd probably wait till October ish before even having any plans to sell? if we reach 120k before then I reckon that won't really be the peak anyway so I'm more than willing to wait a month or two to see how the market would react. Even if it dumps, at most I'd probably see at 100-110k ish which would still net me profit since I've been DCA'ing for a couple of years now. After that it's just a matter of waiting for the next bottom then doing it all over again.