HODL Target Found?
A recent poll on Twitter is showing a majority would sell once Bitcoin hits $100K. Personally, I wouldn’t sell at that price. What says you?
BTC HODL Target Found? Almost 50% Say They Will Sell If Bitcoin Price Reaches $100,000
“An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do.
One of the most important decisions that an investor has to do is to come up with an exit strategy. In other words, they need to have a clear picture in mind as to when to sell their holdings.
Bitcoin is no different. Despite the multitude of specifics that it has compared to traditional assets, it’s also an investment option as any other – its price goes up and down. As such, those who buy it as a means of investment need to come up with a figure at which they’d eventually dispose of their holdings.”