Seeking advice for best BTC strategy

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Quote from: Bd officer on January 12, 2025, 07:53:09 AM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

I want to sell at every pump and buy on every dump.

You plan to buy bitcoins in bear markets and sell bitcoins in bull markets, but you may not always benefit from such plans. Maybe when you buy bitcoins, the price may drop further than that. When you sell Bitcoin, the price may go up even more after you sell. Then you will regret it. So I think the best strategy to invest in Bitcoin is to invest in the DCA method and hold for a long time. If you invest in DCA method you can buy bitcoins at average price.

That strategy would be a victim of times when you can't be sure of the price movement.
And if a person holds for long enough - it wouldn't matter that much, but that wouldn't be the optimal choice.
That would be responsible DCAing and doing it with clear goals and times of creating new positions on any price Bitcoin has.

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Quote from: Bd officer on January 12, 2025, 07:53:09 AM

You plan to buy bitcoins in bear markets and sell bitcoins in bull markets, but you may not always benefit from such plans. Maybe when you buy bitcoins, the price may drop further than that. When you sell Bitcoin, the price may go up even more after you sell. Then you will regret it. So I think the best strategy to invest in Bitcoin is to invest in the DCA method and hold for a long time. If you invest in DCA method you can buy bitcoins at average price.

DCA is one strategy that might be considered so that he can take long-term investment steps as an effort to get maximum profit, while waiting for a decline as a step to buy in large quantities can be considered using other capital.
Buying in a big increase is not really a problem as long as he can store bitcoin in the long term, but it will affect the condition of people who do not have stable finances so that when they need money and sell in a decline will make them suffer losses.

Every strategy must be seen based on a person's ability to on the travel, but doing DCA is a much more appropriate choice for someone to apply because in this way people can slowly increase the amount of bitcoin ownership.

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Quote from: GeorgeJohn on January 09, 2025, 06:34:24 PM

Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

Targets are very helpful, as is having a wide window of time.

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Quote from: btcethgold on January 05, 2025, 01:05:25 AM

I want to sell at every pump and buy on every dump.

You plan to buy bitcoins in bear markets and sell bitcoins in bull markets, but you may not always benefit from such plans. Maybe when you buy bitcoins, the price may drop further than that. When you sell Bitcoin, the price may go up even more after you sell. Then you will regret it. So I think the best strategy to invest in Bitcoin is to invest in the DCA method and hold for a long time. If you invest in DCA method you can buy bitcoins at average price.

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Quote from: Orpichukwu on January 08, 2025, 05:50:28 PM

It's possible, but you can't always be perfect; in some cases, you might sell a bit too early or late, where the price will go up again, or buy too early and the price drops down more, but as long as you buy below what it sold earlier and sell above your purchasing price, then you are making a profit, and that's all that should matter.

Great advice and one that must be followed regardless if you are a beginner or not.

Some investors would be greedy and would want to sell until the very last minute before the price goes down which is of course ideal but totally impossible since no one knows exactly when the price will drop. So the best you can do is sell at the closest to the maximum. Like you said, if the price you are selling at is already higher than the price you bought it in then that is the ideal situation already. If you keep putting it out in hopes of the price getting higher, you might end up losing more so sometimes knowing when to control greed would be helpful.

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Quote from: btcethgold on January 05, 2025, 01:05:25 AM

Hello all members here.

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

What if 4 years cycle is not here this time.
What approach one should get here.

Thanks

It is obviously impossible to know in advance when it will rise or fall. The market is perfect balanced now and very balanced so four years time would be too late ⏰

ndutndut

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Quote from: cr1776 on January 08, 2025, 05:52:38 PM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

Hello all members here.

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

What if 4 years cycle is not here this time.
What approach one should get here.

Thanks

If everyone knew when the top and bottom were, then there would be no cycles and everyone would have billions. Market timing is a guess and nothing more. Buying and then letting it grow over time has been the best strategy.

Yes, that's right. That's why for the long term 5-10 years, the most guaranteed profitable coin is Bitcoin, other than that there is no guarantee. In the market, uncertainty is certain. We can only guess. If there is a profit, there must be a loss, it is impossible for everyone to profit and that is the risk of trading.

So the best strategy to invest in bitcoin is for the long term, it is true that selling when it goes up and buying when it goes down is also a good strategy but with a volatile market that will disturb your emotions, it is better to invest for the long term. Because the bitcoin cycle will definitely still happen because as you said all investors can guess the price of bitcoin basically refers to the cycle.

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Quote from: FortuneFollower on January 10, 2025, 03:24:31 AM

Quote from: Wind_FURY on January 10, 2025, 12:27:03 AM

Quote from: GeorgeJohn on January 09, 2025, 06:34:24 PM

Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

For the aspect of purchasing coins most especially bitcoin, it's obvious and understanding that the appropriate period to purchase bitcoin is when we are in dip, people who have their funds accumulate bitcoin with the period of dip seasons, so it's good to have your funds intact so that you will purchase when the needful arises.

A price "Target" might be good for YOU, but to say that ANYONE who owns Bitcoin "should have a price target" is laughable. You should speak merely and ONLY for yourself, and definitely NOT for everyone else.

If a person truly tried to understand the basics and the technical fundamentals of Bitcoin, then I believe he/she will probably think twice about selling it. It's better to keep it than sell it, in my very humble opinion. Cool

After that, OP said it's only your decision to sell off your coins, in fact - so he may just said it to reinforce the idea to have a goal for your investment.

And of course, to hodl more is to have more boons to see in the long run Wink

OK, that's good. But my actual point is if a person has started to actually DYOR, and actually TRULY understood how Bitcoin works and WHY it works and TRULY perceived that it's this generation's TOUR DE FORCE, then I'm very confident that that person will definitely think twice before selling for mere fiat. Cool

You have already front-run the billionaires and the government, make it very hard for them to have your precious Bitcoins.

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Quote from: GeorgeJohn on January 09, 2025, 06:34:24 PM

Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

For the aspect of purchasing coins most especially bitcoin, it's obvious and understanding that the appropriate period to purchase bitcoin is when we are in dip, people who have their funds accumulate bitcoin with the period of dip seasons, so it's good to have your funds intact so that you will purchase when the needful arises.

As long as your selling price is higher than your buying price, you may already get profits out of it. But if you think you will have tight budget, better not to invest as you may end up selling it at a lower price. It is easy to say, you will sell it at a higher price, however, you don't know the future market performance of this coin. So if you want a lil bit of assurance, you can sell intermittently up until you already got your initial investments. And then, the coins left will be just like your profits and you can grow this as well.

Rockstarguy

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Their are several strategies which can be use in investing bitcoin and they are all good but I think it is best for individuals to understand these strategies and to know which one will be better for them base on their income and how consistent one can be in investing bitcoin. When it comes to seeking for investment advice like this, you will definitely see different ideas that are good but everyone are saying things base on what is good for them and also suits there income. Make research and try to know the different strategies of investing bitcoin, with these you can be able to know which one will be best for you. The reason why we all have our own best investing strategies is because we are not the same financially.

Tmoonz

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Quote from: btcethgold on January 05, 2025, 01:05:25 AM

Hello all members here.

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

What if 4 years cycle is not here this time.
What approach one should get here.

Thanks

Bitcoin is not a quick and get rich scheme, the best approach has always been to buy and hold for as long as necessary, 4 to 10 years or even more is always encourage in order to enjoy the full benefits of a compounded value of your asset over time, even though there is no guarantee as to this regards but there is a higher chances of obtaining that because history of Bitcoin till date has given so much guide, ensure you take very good care of your basic needs and invest from your discretionary income where DCA strategy of accumulating Bitcoin wouldn't be a bad idea, that is you will buy Bitcoin regardless of the market conditions with a golden plan of holding for long term.

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Quote from: Orpichukwu on January 08, 2025, 05:50:28 PM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

It's possible to do this, but it requires patience. If you can be patient enough to hold after buying for a long period until a new ATH is achieved, you can sell and wait for a long period again until a price correction occurs or a heavy crash or slash down in price occurs before you enter back into the market.

It's possible, but you can't always be perfect; in some cases, you might sell a bit too early or late, where the price will go up again, or buy too early and the price drops down more, but as long as you buy below what it sold earlier and sell above your purchasing price, then you are making a profit, and that's all that should matter.

I don't really think this is all about being a patient dog. Op is looking for a way to know when to sell Bitcoin and when to buy. This can be possible if he knows how to read the market. Just like the Forex market, every traders in the market need to know how to read charts with a great understanding or have something that will be telling tell when to buy and when to sell, just like trading signal.

Understanding both fundamental and technical analysis is what op needs to know the best time to buy and the best time to sell. There is no no room for buying or selling mistakes. This has been the major problem of many holders and traders because they don't know the best time to sell and to buy due to lack of understanding of the crypto market.

For op to be able to buying and sell at a gold level, he would have to learn how to read the market so he can be making decisions in his own without external bodies that will be available for signals and market predictions.

FortuneFollower

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Quote from: Wind_FURY on January 10, 2025, 12:27:03 AM

Quote from: GeorgeJohn on January 09, 2025, 06:34:24 PM

Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

For the aspect of purchasing coins most especially bitcoin, it's obvious and understanding that the appropriate period to purchase bitcoin is when we are in dip, people who have their funds accumulate bitcoin with the period of dip seasons, so it's good to have your funds intact so that you will purchase when the needful arises.

A price "Target" might be good for YOU, but to say that ANYONE who owns Bitcoin "should have a price target" is laughable. You should speak merely and ONLY for yourself, and definitely NOT for everyone else.

If a person truly tried to understand the basics and the technical fundamentals of Bitcoin, then I believe he/she will probably think twice about selling it. It's better to keep it than sell it, in my very humble opinion. Cool

After that, OP said it's only your decision to sell off your coins, in fact - so he may just said it to reinforce the idea to have a goal for your investment.
And of course, to hodl more is to have more boons to see in the long run Wink

Wind_FURY

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Quote from: GeorgeJohn on January 09, 2025, 06:34:24 PM

Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

For the aspect of purchasing coins most especially bitcoin, it's obvious and understanding that the appropriate period to purchase bitcoin is when we are in dip, people who have their funds accumulate bitcoin with the period of dip seasons, so it's good to have your funds intact so that you will purchase when the needful arises.

A price "Target" might be good for YOU, but to say that ANYONE who owns Bitcoin "should have a price target" is laughable. You should speak merely and ONLY for yourself, and definitely NOT for everyone else.

If a person truly tried to understand the basics and the technical fundamentals of Bitcoin, then I believe he/she will probably think twice about selling it. It's better to keep it than sell it, in my very humble opinion. Cool

Dailyscript

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Quote from: Orpichukwu on January 08, 2025, 05:50:28 PM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

It's possible to do this, but it requires patience. If you can be patient enough to hold after buying for a long period until a new ATH is achieved, you can sell and wait for a long period again until a price correction occurs or a heavy crash or slash down in price occurs before you enter back into the market.

It's possible, but you can't always be perfect; in some cases, you might sell a bit too early or late, where the price will go up again, or buy too early and the price drops down more, but as long as you buy below what it sold earlier and sell above your purchasing price, then you are making a profit, and that's all that should matter.

Not just patience is required here. He needs to have a steady income flow so that he will continue buying Bitcoin until a new ATH is achieved. For cases where he might see a dip that is comfortable for him, he needs to use some reserved money to buy aggressively. This will be much better rather than waiting for a time to buy, as there is no perfect time to enter the market. There is a saying that preparation meets opportunity. He has to be prepared, because anytime might be a good time for him to start buying.

GeorgeJohn

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Anyone who invest on Bitcoin should have a target of when it will sell its bitcoin and also when it will purchase new one, I don't be curious to sell my bitcoin, I only sell my bitcoin when I feel like selling my bitcoin, so we don't have a specific time you can sell off your bitcoin, selling your bitcoin its based on your decision and what you have in mind to sell your coins.

For the aspect of purchasing coins most especially bitcoin, it's obvious and understanding that the appropriate period to purchase bitcoin is when we are in dip, people who have their funds accumulate bitcoin with the period of dip seasons, so it's good to have your funds intact so that you will purchase when the needful arises.

AmoreJaz

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Quote from: Orpichukwu on January 08, 2025, 05:50:28 PM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

It's possible to do this, but it requires patience. If you can be patient enough to hold after buying for a long period until a new ATH is achieved, you can sell and wait for a long period again until a price correction occurs or a heavy crash or slash down in price occurs before you enter back into the market.

It's possible, but you can't always be perfect; in some cases, you might sell a bit too early or late, where the price will go up again, or buy too early and the price drops down more, but as long as you buy below what it sold earlier and sell above your purchasing price, then you are making a profit, and that's all that should matter.

As you are only relying from the market movement, you can only speculate what will happen next and decide what's best for your funds. So buying and selling of your coins will depend on your strategy as there is no ultimate right path of doing so. As you don't know the next price of this coin, you are just hoping that you are selling at the right price. But as long as you are on the positive profit. It means, you are not losing even if the profit is small. Worry if you need to sell even if it is below your buying price. Which means, you are in the tight position as you are forced to sell off your coin even in a losing manner.

Wind_FURY

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Quote from: btcethgold on January 05, 2025, 01:05:25 AM

Hello all members here.

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

That's impossible to do perfectly, but what you can actually do is to give your investment a LONGer time horizon. If you were lucky to buy the lower price level of $15,000 - $20,000 during the bear market, then sell some of that investment during the next bull market, not the current one. Perhaps during 2029?

If you're buying TODAY at higher price levels, then sell your investment during the next bull market after 2029, during 2033.

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What if 4 years cycle is not here this time.
What approach one should get here.

There may be changes in the four-year cycle, but the boom and bust cycles of the market in general will NEVER go away.

Study the Federal Reserve's Q.E. and Q.T. "cycles". Cool

Actual Q.E. might happen during Trump's time in the White House. - BRRRRRRRRRRRRR. Do you hear that sound?

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Quote from: cr1776 on January 08, 2025, 05:52:38 PM

Quote from: btcethgold on January 05, 2025, 01:05:25 AM

Hello all members here.

I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.

What if 4 years cycle is not here this time.
What approach one should get here.

Thanks

If everyone knew when the top and bottom were, then there would be no cycles and everyone would have billions. Market timing is a guess and nothing more. Buying and then letting it grow over time has been the best strategy.

Agreed! Along with putting a target for yourself to fix the profit. Then it's all would be fine and dandy in the long run.

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Quote from: Ziskinberg on January 05, 2025, 02:01:18 AM

There’s no such thing as a "sure thing" when it comes to timing the market for buying and selling to ensure profit.
If it were that simple, the market wouldn’t be called unpredictable.

From what I’ve read in many posts here, investors often recommend the DCA method as the best way to accumulate Bitcoin. It’s a consistent strategy that could lead to possible future profits without relying on perfect timing.

It seems Op is getting himself confused with the buying and selling of assets here or probably did not give a clear explanation of what he's trying to ask. When it comes to buying and accumulating of bitcoin, it's generally believed that DCA is the perfect method for average investors who can not afford to buy a decent portion at once. When it comes to selling of assets, that's quite a personal thing and it depends on how satisfied you are with your profits. So I don't know what type of selling strategy Op is referring to again. He clearly said that he wants to sell at every pump and buy back at every dump which I see it more like a trading than investment. Having this mindset, I would simply advise Op to get himself into trading directly since he seems obsess with every market reaction either positive or negative.

Topic: Seeking advice for best BTC strategy (Read 875 times)