Hey y’all! So here’s a little back story, I’ve been hodling since 2018/2019, I’ve bought at $6500 insert falling knife meme and have bought all the way to $90,000. I have never sold and I don’t plan on selling at $100,000 and here’s why…
We are at the point where it could get scary… Most of us are normal joes that are just trying to survive, who are stressing over bills, and not sure when we can financially own a home. I know there’s many people like me who got in relatively early, who are in the green by a lot, and will most likely sell at 100k. Everyone is different and if that’s your target price to get out and use your profits to enjoy your life, I don’t blame you!
But here’s the reality of the situation. For over 90% of US average joes, it’s damn near impossible to own a whole coin at these prices, let alone owning a half coin. What I believe will happen once Bitcoin hits 100k is that most of us average joes who are “early hodlers” will sell. Once that happens I can easily see Bitcoin’s price explode (Ex: 150k), being bought up by major companies and institutions. This becomes the beginning of the end of massive multiplier gains for the average joes. Yeah 100k-1M is still a 10x gain but may have to wait a decade for that to happen.
My point to all of this is that if you sell at 100k, you may never get the amount of Bitcoin that you once held. The big boys will buy everything up, leaving the average joes like you and me in the dust. IM NOT SELLING BUT I DONT BLAME YOU IF YOU DO!
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments