Over the past couple of months, the cryptocurrency market has shown impressive growth, during which bitcoin and individual tokens have set record highs. Of course, bitcoin led the bullish trend of 2020-2021. Since the beginning of October, it has quadrupled its value, rising from the $ 10,000 mark to a record high of $ 42,000 recorded this year. Despite the current pullback of several thousand dollars, discussions have intensified in the community about whether and when most retail BTC owners plan to sell some of their assets. In this regard, several crypto analysts initiated surveys on Twitter to find out when members of the crypto community plan to sell their positions and make a profit.
Cryptanalyst Josh Rager asked, " How many bitcoins of your assets do you plan to sell at the next peak?»
Interestingly, the answer that received the most votes (34.4%) indicated that when a new peak is reached, investors will sell most of their assets, if not all of them. At the same time, a similar percentage (31.6%) suggests that investors will sell less than 25% of BTC positions. Comments from some investors demonstrate the desire to keep their coins even after the next peak, their profit-taking will not take place very soon. The survey by popular analyst Philb Philb also reveals the price levels that BTC investors would choose to sell.
Most participants noted that they will "seriously consider selling bitcoins" as soon as the asset price reaches six-digit territory. More than 40% will do so at prices between $ 100,000 and $ 300,000, and 26.3% will wait until BTC exceeds $ 300,000.
Alex Saunders of Nugget News has his own opinion on selling coins, especially in times of economic uncertainty:
"Those who truly understand bitcoin know that there is no fiat price at which you should sell, except when you need to purchase something tangible that is of great value to you personally."
