Do you have a long-term Bitcoin price target, or has your thinking changed over time?
When I first started reading about Bitcoin, I kept seeing predictions ranging from a few hundred thousand dollars to over a million per coin. At first I thought I needed to have a target too, but now I'm not so sure. For those who've been holding for a while, do you actually have a number where you'd consider selling, or do you just keep buying whenever you can?
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I still think most people have a number somewhere in the back of their mind, even if they say they don't. Whether they actually stick to it when Bitcoin gets there is a completely different story.
I'm in the same boat. The more I focused on hitting a specific price target, the more I found myself checking charts and questioning every move. These days I just keep accumulating and let time do the work instead of stressing over a number.
I used to have a target price, but over time I realized I was changing it every time Bitcoin got closer. Now I just buy consistently whenever I can. My thinking is that if adoption keeps growing over the next decade, trying to perfectly time an exit will probably matter less than simply staying invested.
That's a good point. Reading everyone's replies, I'm realizing I probably spend too much time thinking about the perfect selling price instead of building a position I'm comfortable holding for years. That mindset actually feels a lot less stressful.
I think it really comes down to having a strategy rather than chasing a specific number. Everyone’s risk tolerance and goals are different, so what works for one holder may not work for another. I’ve got a few thoughts on how I approach targets, entries, and taking profits happy to share some tips privately if you want to message me WhatsApp: +1 361 259 3850.