Predict top and your selling plan during this market cycle.

Eugenar

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Quote from: thecodebear on August 17, 2020, 11:49:30 AM

1. How high and when do you think the price will peak at during the current market cycle, meaning before the next 2014/2015 or 2018 type bear market?

I think it will already have a hard time reaching the $20k mark this year. I do not expect that much given the problem we are facing at this moment which affects majority of the economies around the globe. This I think is enough to tell that the market value of cryptos will not consistently increase, especially, at ease just because the price suddenly grew. If we are not having problems at this moment, I would probably believe at this moment, that the ATH will again be reached.

Quote from: imstillthebest on August 20, 2020, 04:27:28 PM

Quote from: bearexin on August 20, 2020, 12:29:47 PM

If you are trying to see where you should be selling, that means you are not going to really be a good investor, just focus on being a trader if you want to? That way you would basically buy and sell depending on whatever you think you should be buying and selling.

all of us have goals , that's why we have Target price on where we will sell . Entering here without a goal is hard because you can get confuse and you will only sell on random times . Being a good investor is how you follow your plan .

You can't say that we should trade instead of investing because whqt if investing is our passion and there are people that believes that trading is hard .

Trading is indeed hard and is not something an investor or individual will lear in a single glance. It is a more active kind of investment which will require you to have or to be updated with regards to the market value of cryptos from time to time which would be quite of a hassle if you are not into it.

semobo

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Obviously at the end of the cycle there will be a new all time high, lets take 30K but not based on any analysis just based on my prediction.But it is hard to reach as well due to the panic selling guys who are going to dump their coins who bought for low price especially when covid 19 outbreaks crashes the economy of the whole world.

About selling maybe a gradual one or complete dump based on how high the price goes before started to fall off.

beerlover

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Just because you get out early on a big bull run doesn't mean that you are doing something wrong.
The point of bitcoin trading is to make a profit and if you made a profit that is enough, you do not need to make a lot more than that.

I personally have made more than enough money during that period, I have sold even above $20k thanks to local exchange movements so I was pretty much out literally at the highest possible point during the ATH times, yet when you ask me I still say that I wouldn't mind selling at $10-12k during that time since I got in at around $2k, so that would be 6x profit compared to 10x profit, you can't really complain about making 6x profit, even if it means you missed 10x because you just made six times as much as you can, that should be enough reason to be happy about it.

bearexin

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Quote from: Lanatsa on August 17, 2020, 03:46:40 PM

1. When we do talk about peak prices then no man or person on this world would really have that crystal ball for them to guess on what would be the price ahead.
This is why we do keep on speculating and guessing due to unpredictable nature of cryptocurrency market.

2. Im doing on gradual sells depending on which price i had entered.Also my portfolio in talks of Bitcoin holdings then it is divided in two which the one is used for long term holds
and another half is used for active trades. Profits that had been accumulated would be also divided in two which one half is been saved up and one is for active spending.

Each of us do have its own way neither you are a short or long term hodler.

Portfolio is definitely something like that, there is nothing wrong with small investment towards shitcoins and stuff like that, that is fine as long as you do not risk too much of your money. If you have 10 thousand dollars, have 5k bitcoin, have 3k ethereum, have like 1.5k or so good proper top 10 coin, but when it comes to another 500 bucks at the end there, you could definitely make sure that you could risk that small portion but with some luck that could turn out to be a huge profit, or 90%+ chance it would become nothing.

Bitcoin and ethereum itself with that 8k will make it to 10k worth very soon anyway, so the rest is there to make a bit more risky investments for a chance to make a lot more profit if you get lucky. That is just my thinking, maybe someone else likes more risk or maybe someone likes zero risk who knows.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Well, it is still a very risky endeavor, nobody can deny that it could work but also we could have a world where politicians are all helping people and doing what they do to make countries better and there is no corruption. Is that impossible? Of course it is not, but I haven't seen it in the past 2000 years (or even before), just because something is possible doesn't mean that it is probable, it just means that people are not doing something in betterment of the world but only for themselves.

Akon probably wants this to happen but it is not a one person thing hence I think there is no chance that people around him would make it work, they would probably want something for themselves and not for the people. All in all I would say it is quite important to not get our hopes up about this.

pixie85

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1. I expect 400-500% jump so something between 80 and 100 thousand USD as the top.

People who say the top will be 30 or 50 thousand are trying to sell in the middle of the bull market like so many people did in the previous cycles. When we broke 1000 USD for the second time we went to 3000 and stayed in the vicinity for months while people who underestimated the run were selling. Then we went straight up to 20 thousand.

2. Gradual selling. Maybe 10% every big level after 20 so 10% at 30 and 10% at 40 thousand and so on. After reaching 100 thousand I'd be still holding 20% to see where it gets and I'd keep about 50% of my profits ready to buy the dip.

exstasie

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Quote from: gentlemand on August 20, 2020, 06:06:15 PM

Quote from: Searing on August 18, 2020, 12:26:53 AM

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

It's possible one could happen without BTC itself doing very much such as at the beginning of 2017.

Absolutely. When BTC is in a broad bull market (think 2016-2017) but trading sideways, money flows into altcoins. This can be observed over and over throughout history.

BTC's technical strength essentially keeps the market in "risk on" mode, pushing supply away from the BTC/fiat markets and leaving investors looking for ways to ROI off their BTC holdings. The altcoin casino is traditionally the fastest way to do that.

https://www.investopedia.com/terms/r/risk-on-risk-off.asp

This ends up creating a cyclical money flow dynamic like sector rotation, where money flows back and forth between the BTC and altcoin markets, while also pulling supply from the fiat markets, pumping all crypto prices. In this way, BTC and altcoins will always bubble together. The short term pumps just occur at different times.

About sector rotation: https://www.investopedia.com/articles/trading/05/020305.asp

Biodom

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Quote from: gentlemand on August 20, 2020, 06:06:15 PM

Quote from: Searing on August 18, 2020, 12:26:53 AM

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

If all of my goals could be reached by a shitcoin pump that would be far more relaxing.

absolutely

gentlemand

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Welt Am Draht

Quote from: Searing on August 18, 2020, 12:26:53 AM

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

It's possible one could happen without BTC itself doing very much such as at the beginning of 2017. A lot of people will have bags and if they can offload them that may totally change their attitude to a Bitcoin pump. Whatever need or pressure there may be could be taken care of by that.

If all of my goals could be reached by a shitcoin pump that would be far more relaxing.

milewilda

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Quote from: rodskee on August 20, 2020, 03:11:25 PM

Quote from: Ridwan Fauzi on August 20, 2020, 12:39:11 AM

Quote from: ?? on ??

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

That's true, buy we may need to see the market sentiment as well. If the sentiment market still good which mean there is nothing to worry that how far bitcoin prices down it will be increase again but it will be otherwise, something bad happen and it we lead us to the another dump. I can't imagine if bitcoin price touch below $5000 again since we already got I huge profit and we still decide to hold our bitcoin. At least if we see and make more analsyst about market sentiment we will be safe and we still have a chance to sell our bitcoin in the right place.

That's really huge fall if in case that this dumpers pushed the value to that level, but for now we are
still seeing good market movements.
Bitcoin is now trying to reach back $12K and if this new level able to break then it will be more exciting
to see where bitcoin will be heading.
A matter of trust with your own analysis and with how you judged your investments, there's a need to
have a good set back plans.

Always set back up plans from time to time in case that you initial plan will be broken or havent met due to price changes.This is likely to happen from time to time due to unpredictable market.
We might be seeing a good run for now but it can turn out to be messy in a short span of time thats why im not really getting myself too much dragged on the hype or into the positiveness that we would reach
ATH faster than we do expect but to think that this would really be a hell of a bumpy ride and reaching out those levels wont really be that easy or would take some time.Each trader or investor would
have its own selling point and this do makes price corrections from time to time and the process would repeat yet this is how market works.

exstasie

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Quote from: philipma1957 on August 17, 2020, 06:37:23 PM

my plans are to hold until june of 2023.
but if btc goes to 100k before june of 2023 I will sell it all.

if doge goes to 10 cents before june of 2023 I will sell it all.

Interesting. What does June 2023 mean to you? Is this based purely on your mining cost and preferred ROI and investment time frame, or do you actually see those prices as technical barriers?

I'll be taking profit along the way but I never want to sell it all. I'm too worried about the mass adoption scenario:

Quote from: exstasie on July 31, 2020, 05:19:17 AM

Since Bitcoin's price is directly related to adoption, we can think of its price cycle in terms of technology adoption curves. Now if BTC is to become mass adopted, then we're still only in the early adopter phase:

Consider the implications of that. The chart visually shows how the price cycles seen in 2011-2017 may just be tiny blips compared to the mega gains coming during the mass adoption phase.

People around here can barely conceive of > $20K. Let's talk millions USD.

imstillthebest

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Merit: 122

Quote from: bearexin on August 20, 2020, 12:29:47 PM

If you are trying to see where you should be selling, that means you are not going to really be a good investor, just focus on being a trader if you want to? That way you would basically buy and sell depending on whatever you think you should be buying and selling.

all of us have goals , that's why we have Target price on where we will sell . Entering here without a goal is hard because you can get confuse and you will only sell on random times . Being a good investor is how you follow your plan .

You can't say that we should trade instead of investing because whqt if investing is our passion and there are people that believes that trading is hard .

rodskee

full member

Activity: 2520

Merit: 204

Quote from: Ridwan Fauzi on August 20, 2020, 12:39:11 AM

Quote from: ?? on ??

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

That's true, buy we may need to see the market sentiment as well. If the sentiment market still good which mean there is nothing to worry that how far bitcoin prices down it will be increase again but it will be otherwise, something bad happen and it we lead us to the another dump. I can't imagine if bitcoin price touch below $5000 again since we already got I huge profit and we still decide to hold our bitcoin. At least if we see and make more analsyst about market sentiment we will be safe and we still have a chance to sell our bitcoin in the right place.

That's really huge fall if in case that this dumpers pushed the value to that level, but for now we are
still seeing good market movements.
Bitcoin is now trying to reach back $12K and if this new level able to break then it will be more exciting
to see where bitcoin will be heading.
A matter of trust with your own analysis and with how you judged your investments, there's a need to
have a good set back plans.

bearexin

full member

Activity: 1162

Merit: 168

If you are trying to see where you should be selling, that means you are not going to really be a good investor, just focus on being a trader if you want to? That way you would basically buy and sell depending on whatever you think you should be buying and selling.

However if you want to be an investor and really not get out unless something major happens, that way you would know that you get in for the long term and if you are in your 20's right now or early 30's which is the biggest crowd in the crypto world, you would basically be super rich by the time you should be retiring. The aim is not to go on a cruise ship vacation when you retire, the aim is to own a cruise ship of your own when you retire, so trading is not the solution for that at all.

Ridwan Fauzi

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Activity: 1330

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Quote from: ?? on ??

Not planning for now to sell any of them because this might just not be the high for this year. Things are changing and crypto in coming time may play more important role and this will push the demand for the coins much higher. So, this would lead to more increase in prices and may even look for 15k by this year.

That's true, buy we may need to see the market sentiment as well. If the sentiment market still good which mean there is nothing to worry that how far bitcoin prices down it will be increase again but it will be otherwise, something bad happen and it we lead us to the another dump. I can't imagine if bitcoin price touch below $5000 again since we already got I huge profit and we still decide to hold our bitcoin. At least if we see and make more analsyst about market sentiment we will be safe and we still have a chance to sell our bitcoin in the right place.

arwin100

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Jack of all trades 💯

Quote from: ?? on ??

Quote from: tbterryboy on August 19, 2020, 02:44:19 PM

I am guessing that I shall get out very soon. The price hit beyond 12k and I have always said that I will sell above 12k but I do not put an order there because I want to see how higher it would get, my idea failed because I was asleep. My idea is that I will see it go above 12k, and after it is 12k I will put a stop loss and sell it at 12k if it ever goes back down, but if it doesn't I would just wait for it, if it goes beyond 13k I would put my stop there, if it goes beyond 14k I would do that, and continue like that until it finally falls.

With above basis I should have sold at 12k when it went down but I was asleep, next time it happens which I believe will be this week as well, I will be doing it (if I am awake) because I got in a lot earlier in aprilish time at 6.5k so it would be smart to get out over 12k as well.

I can't blame you if that's your decision but listen to the majority of the people like how Bitcoin would rise in the upcoming bull run you could have saved more profit during that time. But in the end, it's still your choice whatever you want to do with your crypto we are just speculators here.

Anyway, predicting my top would be around $30k to $50k next year and I think that's enough but if someone has to contest that it will going to happen in 2022, well, good luck on that I guess my prediction is not as good as yours. Wink

So hard to missed the train especially when there's something huge coming but as you said its his decision since not everyone can able to hold their feelings especially when we see the market crashing a little bit.

I predict that we will go on $20,000 or even $30,000 but above from that I can't imagine on how we can go that far but still its good to have that prediction.

tbterryboy

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I am guessing that I shall get out very soon. The price hit beyond 12k and I have always said that I will sell above 12k but I do not put an order there because I want to see how higher it would get, my idea failed because I was asleep. My idea is that I will see it go above 12k, and after it is 12k I will put a stop loss and sell it at 12k if it ever goes back down, but if it doesn't I would just wait for it, if it goes beyond 13k I would put my stop there, if it goes beyond 14k I would do that, and continue like that until it finally falls.

With above basis I should have sold at 12k when it went down but I was asleep, next time it happens which I believe will be this week as well, I will be doing it (if I am awake) because I got in a lot earlier in aprilish time at 6.5k so it would be smart to get out over 12k as well.

Searing

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Clueless!

Quote from: Philipma1957cellphone on August 18, 2020, 07:03:04 PM

Quote from: Searing on August 18, 2020, 12:26:53 AM

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

on around 18 to 20k btc...i might flush the works at that point...what would be 'confusing' is if they went 'bubble high' as they did

while BTC was pumping back in the day....that will be an interesting 'pucker' choice..if that happens

anyway, like all plans it is probably based on 'fantasy' and I will hodl and accumulate both like an 'old lady' with cats...

(damn, a constant state of wtf and wtf should I do since I got into BTC/crypto in 2013....consitent confusion...as a mode of operation I have it seems.

sell 10% of.your stash at 14k say 10 of 100 coins leaves you 90. Sell 10% or 9 of the 90 at 16 k. Sell 8 of the remaining 81 at 20 k you are now down to 73 coins and you cashed 27 coins for more then 500k.

yeah....but ..it's my BTC

gasp! I agree with your plan howerver..but I am a HODL addict Sad

on the other hand, I need the BTC to it around 15k or more and THEN have ALTCOINS go crazy/stupid bubble as they have in the past

clean out all my shitcoin don't ya know

also needs to be under what is it 400k on a sale to stay at 15% cap gains or some such

the older I get however the less I give a flying f*ck about selling BTC just to be contrary....I have means w/o BTC and collect social security next year..you get to an age wherein 20

years they are gonna stick you in a nursing home run by nice college co-eds and you get more and more onery year by year

I probably under no circumstances will ever touch the BTC proper because no need to ..pass it on to others probably

damn, not sure....my views change on this according to one outrageous BTC number from another

I SUPPOSE i could up my 'attractiveness' and flash a lot of money around fast cars/fast women/fast friends..but mainly I just want to nap... Sad

Philipma1957cellphone

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Quote from: Searing on August 18, 2020, 12:26:53 AM

keeping the BTC hold/hoard..but awaiting a sh*tcoin/altcoin pump..about 10% of my hoard is that....they may hit the wind

on around 18 to 20k btc...i might flush the works at that point...what would be 'confusing' is if they went 'bubble high' as they did

while BTC was pumping back in the day....that will be an interesting 'pucker' choice..if that happens

anyway, like all plans it is probably based on 'fantasy' and I will hodl and accumulate both like an 'old lady' with cats...

(damn, a constant state of wtf and wtf should I do since I got into BTC/crypto in 2013....consitent confusion...as a mode of operation I have it seems.

sell 10% of.your stash at 14k say 10 of 100 coins leaves you 90. Sell 10% or 9 of the 90 at 16 k. Sell 8 of the remaining 81 at 20 k you are now down to 73 coins and you cashed 27 coins for more then 500k.

coinfinger

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Activity: 1638

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I will be selling a big part of my coin and leave the remaining, and that is the ones that are needed for the side business that I am into.

I get Bitcoin like almost everyday from the work I do, and I also send out some, but I have an amount I have kept aside as an investment and that’s the one I’m going to sell once the market hits another ATH price.

Then if the price should decrease after everything, then I will also be buying back my coins with some of the money I have gotten from selling the first.

Topic: Predict top and your selling plan during this market cycle. (Read 425 times)