bitcoin run up?

BmtAg96

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8:36a, 1/20/25

AG

I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?

Kansas Kid

Joined: May 22, 2018

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8:50a, 1/20/25

No one ever went bankrupt booking gains.

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Definitely Not A Cop

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8:51a, 1/20/25

AG

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Bag

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In reply to BmtAg96 • 9:53a, 1/20/25

AG

BmtAg96 said:
I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?

unless you need the cash, why bother?

BITCOIN PRICE ON INAUGURATION DAYS:

2009- $0.00
2013- $15.70
2017- $895
2021- $35,500
2025 - $108,000
— TexasBTC_FTW (@Kurt_Kokain) January 20, 2025

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BucketofBalls99

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10:12a, 1/20/25

Now down to $105k

BmtAg96

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In reply to Bag • 10:21a, 1/20/25

AG

Thinking I agree

hunter2012

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1:44p, 1/20/25

AG

FYI, I think everyone should have a sell price, otherwise what's the point of having the asset? It would just be a memento then. Mine's currently $10M.

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donkeykick90

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In reply to BmtAg96 • 2:29p, 1/20/25

AG

BmtAg96 said:
I.know there is a separate thread for crypto but was looking for advice on harvesting bitcoin gains. Thinking of selling a small stake to capture some gains. Price is currently $107k per coin. Thoughts?

Just wait until they announce the strategic reserve....then take some profits.

Clear Eyes. Full Heart. Might Lose

Tormentos

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4:31p, 1/20/25

AG

This is why I like having some ETF exposure along with some actual BTC. I use the ETF to do covered calls and have a bunch of covered calls in place to hopefully capture some additional premium in this run-up. I fully expect some co tracts to get called as i executed quite a few mid last week. Actual BTC I just hold.