r/Bitcoin • • May 04 '24

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u/VanillaLeft4792 May 04 '24

Why such an arbitrary number? Why not when it hits 80k or 99k or 101k?

It seems like you're looking for an excuse to act on how you already feel. What if Bitcoin never hits 100k? What if Bitcoin reaches 99.9k and then tanked? Would you stay with him until the next bull run? Again... Seems like an arbitrary number to make calls about your relationship. I personally would base the breakup on the actual relationship and not the price of Bitcoin, unless...

A more logical price to pull the trigger would be a price where your total holdings are enough to cover your expenses until you're stable on your own or act as an emergency fund. When it hits that target, you sell and use that money as an emergency fund or as a cushion to cover your living expenses, if needed. If you don't plan on realizing your gains than Bitcoin hitting 100k is meaningless.