Topic: Good time to sell? - page 5. (Read 1197 times)

Your question may be simple, but it seems you have a big question mark behind your question, sir.
This selling time has a tentative nature because it is based on whether the market is rising or not, what is certain for me personally to sell bitcoin is when the price reaches $90k+, that answers two of your questions at once, and yes I will sell half of my bitcoin holdings when the price reach the target price that has been determined, the rest I want to wait for the increase to continue to add more profits, and I think this strategy can anticipate losses and regrets when the price of bitcoin continues to rise after making the first sale.
I am well aware that we will never know when is the right time for bitcoin to reach its peak again, even analysts who already have experience in predicting prices, they cannot predict this, but we also need to open our eyes to the potential that will happen to bitcoin Don't do anything stupid.

Totally depends on what kind of investor or trader you are whether you would really be going for long term or would be going fort short term.We do know that not all people would really be able to afford on holding for too long when it comes into their positions on which they would really be simply be liking to deal with the price movement in shortest time as possible.This is why it would really be that good that you do set your goals on when you should sell. The most important thing on here is that you do able to accumulate while its still cheap and able to sell out if ever the price do moves up or above that entry point. Gain is gain no matter how small it would be
which this what matter the most. Always set your selling points but if you are going for long term then this is really just that no sense on doing so if you are accumulating for long term holds. Each person would really be
holding and doesnt really like to risks out on dealing with the movement or simply with the volatility but there are really people who are really risks takers on which loving to take advantage with those movements
and wont really be tending to hold for too long before they could be able to see profits.Although it would really be that so risky but its something that would really be worth if you have done it right.
It is really just that not all people would really be able to succeed on this kind of path to take and this is why most of them would rather choose on holding instead.

In my opinion, bitcoin is an asset, a tool for investment, not a place to keep money like a bank. Don't forget that we only invest what we can lose, not that we put all our assets in bitcoin and believe that it will definitely protect our money and bring us huge profits without risk. We should stop comparing depositing money in bitcoin and banks because they are not the same at all. Bitcoin is still just a highly volatile and high-risk asset, it is not yet a safe haven or perfect store of value.

All the best assets I've observed or been involved in some way, it was quite valid to buy regularly along the way as it became more highly priced and valued by the rest of the market.  Just finding the lowest price and only buying there is a mirage, its very unlikely and excludes this real worth to consistency in gains over the long term.  
  BTC is a surprisingly long term momentum asset.  We are worried about each week or month when even just picking the right year to buy or sell would be close enough alot of the time to do well.   So lets quickly consider, 2022 was a year price did descend with some gradient.   A year BTC could be sold, is the year after that loss also likely to be a good time to sell going on this very macro view.   It would seem BTC is not as likely to lose so much 2 years in a row, it already compressed that amount of action into that last year.   Possibly you dont want to buy but OP asked about selling, its appearing wrong or hard to justify this stance from the very beginning without zooming in barely at all.

What you said here is somehow contradicting. If Bitcoin doesn't have the right time to sell and the right time to buy there's no point in setting a durable time to sell.
Having said that, I think what created this misunderstanding is just what people said "opportunity comes but once" We know that's not true because opportunities come every day but only those that you have missed or benefit from are the opportunities that come once. The same thing applies to the cryptocurrency market, the time you invest or sell that seems good to you is your own right time but it may not be someone else right time.

Bitcoin doesn't have right time to sell and right time buy, but many people who is novice in bitcoin think that bitcoin have a specific price and time you can buy bitcoin, if you want to invest in bitcoin for long periods don't reason the particular amount is bitcoin at that point before buying bitcoin, what I encourage people concerning buying and selling of bitcoin is that we should have your target and when you have your target no matter what happens in tye matter in cryptocurrency you will be a beneficiary, what matters in cryptocurrency investment especially bitcoin is that you must have a durable time you will sell your bitcoin

What exists is accumulation not selling. For now never think but what about more bitcoins.
Sometimes there are people who waste this opportunity and they are even willing to wait for the price of $20K I think it's a little excessive and don't know why not take advantage of the market situation in the $25K and $27K area, well they have their own judgment.

Even if the price passes the previous ATH price of $69K then I will try to hold it, this is a little further from the original plan that $100K might happen, but still whoever buys now and waits at least at the price of $69K he has made a decent profit, but it will be bigger to wait a little patiently for the next phase.

Well that's right, now bitcoin is still in the $27k price range, and this is the starting point of the price journey to go up after a correction at $25k yesterday which indicates that the trend will go back up, and as a reference point the price of $25k is the current low point that has touched the support area that occurred in the past few months. So it's true as you say, now is not the time to sell but now is the right time to increase the amount of your bitcoin, I think there may be some who got it at $25k yesterday when it was correcting and now they have got a few percent profit after finally bitcoin is right according to their predictions, which now just rose to the price of $27k.

Well I agree with you, you have done the right action by buying more bitcoin in conditions like this, in the way that you do this you indirectly like giving advice to others that use the money you can invest, and I say that you allocate money that will not be disturbed for other needs, because obviously it will greatly help you in doing HOLD longer until your target is reached. Obviously I think some people also think that bitcoin is a good place for you to keep your money instead of keeping it in some bank with an interest rate that might hurt you.

The right time to sell bitcoin, bitcoin holders must have their own target at what price we sell at when the bull market arrives, many influences in various countries predict $100k is the same as $150K, we don't know for sure whether what we are selling will reach its peak or No . It is difficult to predict the selling price at the peak price, the price we sell is the highest price we predict, if it exceeds the price we predicted, that's it, that is our best price to make a profit.

Current market condition still drop I think right with your opinion right now is not worth time for selling cryptocurrency assets but moment for us buy back and as much possibility accumulate with potential altcoin. Don't forget with investing in Bitcoin because price still drop under $27,000 and yesterday success wake up drastically from $25k to be $27k. I have long term planning during Bitcoin price under $30k can't stopping for re investing as much possible depend with my financial condition, its become my saving with bitcoin than spent or hold my money in the bank without get increasing up forever than how much profitable earn trough investment in Bitcoin.

For awhile is not moment to sell our investment assets and keep hold it until Bitcoin and altcoin back to the top price when halving time are closing forward.

Right now we should not think of selling.
This is the time of buying bitcoin as bitcoin is well under its price of the all time high. This is why people need the knowledge when they come in financial markets to either trade or invest in bitcoin.

For me, I will plan and think to sell when we reach all time high again or make new highs. Believe me, if you buy bitcoin at around 26-27k and sell it at 30k, you might be happy making a few hundred dollars but you will miss the big moves as the bull market first phase is very near now.

When a goal is established, a plan is created to gradually bring it about. It may take some time to complete, but if you are completely focused and make the appropriate strategies, you may realize that you have already completed some of your goals.
I'm glad to see that you are aware of bitcoin's volatility and are taking appropriate action to profit when the market moves in an upward and downward direction. Maintain it as you acquire and sell bitcoins to generate profits for yourself

Actually your right because their is no investors that will invest that doesn't scrutinised the market, as we investors you most target when the market is low and when the market is higher, so therefore what us to understand is the going to invest you most have a plan and that plan most be something you have observed very well before doing anything. So selling low when you purchased at higher rate is  a total loss to the person, that is while every investors is targeting high.

I agree, a good investors always have a target selling price.  He will not just invest and just go with the flow.  Good investors knows the basic of investing and trading like the idea of  buy low, sell high, and they also study the movement of the market of their investment.  So they project a reasonable target selling price and not just any unrealistic price speculations.  Wise investors make use of the time very well and always want to repeat the profit they made.  So they tend to invest during the bear market and sell at the bull market.  Then re-enter the market when the market situation goes back to being bearish.

I don't if I have responded In this thread before, but it's obvious that a good investors knows when to sell and when not sell it coin, because during investment of any you will have a budget and also a target so that when the market skyrocket to bullrun then you will know the exact time to sell, but when you don't have the exact time to sell that means you doesn't have a target of selling your bitcoin as well, because what deceived some people is they think that bitcoin price will be going up, secondly greediness is another thing that makes some people not sell their coin.

If the market is dominated by retail and primarily driven by psychological factors (i.e. investors' mood) then yeah, we might see a correction (if not crash) if the price fails to go significantly above the old ath.
But if institutional investors enter the game via ETFs, that could be a game changer and we could see a more panic-resistant market.

The current phenomenon is that the BTC price position is still sideways. Investors may become too optimistic when there is an increase or panic when the price falls, resulting in impulsive decisions. Well, regarding Market Timing I think it is not easy and a bit very difficult and if you notice even experienced investors have difficulty predicting price peaks accurately so and if one makes a wrong move it leads to missed opportunities or premature selling.

Personally, now is not the time to sell and HODL is better because the long-term potential of BTC investment is very large and those who try to play short are in vain in the end.

Once I discovered that the price has changed from bearish to bullish season, it show that the market is looking good for me to get something good from my investment by releasing my crypto to the market. We have been experiencing a long bearish market in the community, and many traders are waiting for the green light to be constant in the market for the price of Bitcoin to hit back $50,000 because that is the target of many traders before they can start trading their Bitcoin to prepare ahead for another bearish to come. If you trade your coins in this bearish season, it will not help you to enjoy massive income from your investment because bearish season is still on ground for traders to exercise patience for bullish season to appear.

The right time to sell is of course very difficult to predict because we won't know until the BTC price rises, so in selling I will use the DCA system and gradually, and I think using the DCA system is a good way to do it. sell BTC because if you don't use the DCA system I'm afraid all BTC won't be sold. and I also in selling will look at the market situation and news.

It is almost impossible for us to accurately predict the peak price of Bitcoin this year, even in previous years this has always been the case. Therefore, I support the opinion of some people who say that the peak in Bitcoin prices is just speculation (market sentiment and politics are quite influential) and is more personal. However, the thing that continues to be used as a benchmark by Bitcoin observers is the halving, usually before the halving the Bitcoin price will increase drastically (we can also use this benchmark as a consideration to sell)