Topic: What do you think? Selling all or not - page 5. (Read 1001 times)

If you hold your Bitcoin in a bull market just know that you will ride the train down into another bear market, Bitcoin is good for a long term holding but you could double your number easily if you take profit in the bull market and buy back in the bear market.

I don't encourage quick profit taking because you can miss out on better ROI as time goes on in a bull market, its better to take profit in a gradual manner, if Bitcoin reach $80,000 you should take some profits and wait for 90 or even 100k, it is possible to reach this target when measured with the last ATH of 2021.

If you take profits all in one swipe, what happens if Bitcoin make a new all time high at maybe 150k? Ain't gonna be fun for you anymore, it's also the same way to invest, gradually DCA into the assets as you don't know what the real Bottom will look like, if you invest everything you have at once and the asset makes a new lows you won't be able to take that the advantage of the new price, because you don't have any dollars left.

I think our main goal is to make a profit from investing in Bitcoin. So anyone who has as much capital, or as much capital as they can invest, invests in Bitcoin. So, I slightly disagree with you. In the bull season we should sell all our Bitcoin whenever we feel that the market is giving us a good profit, because no one knows the complete top, you can sell your Bitcoin step by step during the same bull season.

As far as I am concerned, buying again when the market is down will be the best strategy in the next bear season. The crypto market continues to fluctuate, so the most successful people are those who buy at the bottom and sell at the top. You can guess when the price of Bitcoin reached 67 thousand dollars, If someone didn't sell all of their Bitcoin, after that Bitcoin fell to $15,000.

Isnt it just typical? A lot of the time, people make rash choices without thinking them through because they sense something. Just the fact that the original purpose was misunderstood shows how unpredictable people can be when it comes to money. But yes, retreating post hitting a target seems logical. It is inevitable that bitcoin will experience highs and lows, just like any other volatile asset. People always say that timing is key.

But lets look a little deeper. This plan to "take a break" is full of problems. Watching the market fall after investing can be very upsetting and have a negative effect on a person's mental health. A lot of people get stuck in this mental mess, and unfortunately, for some, it gets worse when Bitcoin's price keeps going down after they buy in. A self-fulfilling prophecy of bad things happening.

That's why we need to have appropriate plans and goals for buying and selling. We should not follow the flow of the market because we will never know where is the bottom and where is the highest peak of the market.

I will sell 50% of my bitcoins when bitcoin reaches its 1st target of $100k, and I will hold the remaining 50% until bitcoin reaches its 2nd target of $150k. If the market then continues to reach a higher ATH, I will accept my profits because I have achieved my target. But if the market suddenly drops later and I can't achieve my second goal, I won't regret it too much because my plan is 50% complete. In investing, everything is very unpredictable so we should have a specific plan, don't invest based on emotions.

investment decisions should be made based on an investor's personal analysis and belief in their strategy. some people think that selling all assets during a bull run is quite good because with the profits they get they can buy at the lower price later. and there are also those who say that selling part of it is good because in the future they can get more profit with the assets they hold in part.

whatever the strategy is, it is good based on the analysis and experience of an investor. what you think is good may not necessarily be what other people think is good and vice versa. so whatever you want to choose, choose it based on your analysis and beliefs.

OP really thought that everyone will be literally selling all of their bitcoin and that they won't leave a bitcoin in case the price gets higher. Definitely that's what's going to happen when bitcoin pumps again, people getting out and people not getting out of the pump. I think that your second statement is not the best thing to do too especially if we already have an idea that if the new ATH hits and the price starts to stabilize to create a new price floor then we're probably going to wait for another 5 or 6 years before another pump happens, sure it worked in the past but the price of bitcoin at that time is something that's not as big as it is now which at that time you can easily justify that you don't want to complicate your hodling by getting out and then getting back when the bull run's over but it wouldn't work now and it's just plain stupid to not take a profit out of what you're hodling, as the saying goes, don't marry the bag.
It is not a good idea but if you have a target price to when you're going to sell them all, then you really needn't worry about leaving some bitcoin behind so you can maximize your profit. Anxious isn't the right word although I can see why that can be the case, there are other investors that aren't satisfied with the amount of bitcoin that they're currently hodling and no one really knows when will the pump happen but I like to believe that those anxiety aren't present in the general market population.

While it would not be a good idea to sell all bitcoins in a bull market, some bitcoins should be kept in the fund.  There are many investors who are anxious to see a bull market, and they think that if there is a good profit, they should sell everything. However, the trading strategy may differ from one person to another.  I agree it can be a good idea to sell your bitcoins during a bull run, but sell 50% without selling all the bitcoins.  Because there is no guarantee when the next bear market will occur.  If Bitcoin really go to moon if the price goes above 100k then you can consider it.

He probably do not understood the intention when he saw the word "sell all my crypto and stay away from the market."

Anyways, taking a break after reaching the target price on Bitcoin is a good idea. Correction in the value of Bitcoin after reaching its peak always come. No one have the idea of when it will happen but the sudden dump in price is possible. It will take time, but who knows how many months/years for it to happen.

However, this kind of strategy may often fail for some people. It may lead to being unneasy and agitated to make an investment again after seeing the sudden dump in price. I know some people who do this kind of mistake, and the price of bitcoin continue to decrease after their investment.

Well if you are 20 or 25 you dont need to sell all at say 80k If we get there.

but if you are 65 and have 4 btc selling all if we get to 80k is not terribly stupid.

Logic is 260k sale at the age of 65  is enough to help you enjoy your senior years.

I am 66 I sold a decent amount each day we went over 60k in 2021 .

did not sell it all. as I like being in btc.

Frankly, everyone wants to sell during the upcoming bull season to make a profit because that is the ultimate goal of investing in bitcoin, but I also will not sell if bitcoin does not achieve the goal I set. There will be some regrets after the bull season ends but this is not my only source of income and my life is stable even without it. Therefore, I will not rush to sell but accept to hold and wait for a few more years. We need to have a long-term vision to achieve bigger goals and not be too hasty. Because life is not just 5 or 10 years, we must think about the future of our children and family. But in the end, everyone has different life circumstances so they will have different goals.

Why don't you read everything he said? He said that he will sell all crypto assets when the price reaches the target and will return when bear season arrives. Meaning he has no intention of stopping holding bitcoin forever and will continue to hold fiat currency forever. Furthermore, the bull season lasts no more than a year, and do you think that in that one year, the value of fiat currencies like USD will lose 50% of its value? We always talk about inflation, the devaluation of fiat currency, but the reality is that it does not depreciate as quickly as crypto assets. USD does not lose 30% or 50% of its value in a few months or a year. So, don't always talk about losing the value of fiat currency in inappropriate situations.

Exactly, it would literally depends on your target selling price as long as you profit. There's nothing wrong with selling early cause it might be consider as trading than investment. That's the common technique in taking profit, like take how much funds you've invested then the rest hodl it. Even for people that doing DCA for long, they could already sell and take profits if they want to, but some would just prefer to have diamond hands and aim for the highest profit they could take. I think they just taking their time and waiting  for a while for the best time to sell.

One thing is extremely clear at each step of the Bitcoin journey: the importance of individual choices. Every enthusiast, trader, or holder has a story about "wishing I had" or "if only I knew." Isnt it an infinite circle? The market sometimes even torments, but it also teases and tempts. The emotional strain? Thats real, almost palpable, with every shift, every dip, every peak. A mixture of potential regret and ecstasy is created by the unpredictable nature of the Bitcoin environment combined with the inexorable pull of human emotion.

Heres something to consider though: where does one's own voice fit in among the clamor of recommendations, counsel, and "pro tips"? Muted? Exhausted? Lost? No. Its time to separate out from the crowd and find one's own path. Its possible to take in advise, but always remember that you are the captain of this enormous Bitcoin trading vessel. Furthermore, a captain always knows where they are in relation to the true north.

You must have a strategy in investing and you must also determine at what price the Bitcoin you own will be sold. We may see a bullish market at almost any time, but it doesn't necessarily match the price we expect because the level of bullishness varies.

It depends on the investment concept you apply because different people may have different steps they choose. If you intend to sell according to the percentage of bitcoins you own, nothing is prohibited. Did you know that the halving is very close? If you have a large amount of bitcoin holdings, it will be quite profitable if you sell it when market conditions are bullish, but if the asset you own is small the profit will not be too big if you sell it at the current price.

The decision is in your hands and if you apply a short-term strategy, perhaps you need to consider the selling percentage, but if you have a long-term investment concept, it may not be the right time to sell Bitcoin for now because we will see the halving getting closer which will make your assets more valuable.

The answer will be very varies for each person, really depends on when they enter market and what their target profit is. However, I don't think many people think of selling all of their Bitcoin at once, they will just send part of it to take some profit. So for people who enter the market last year or so, and they have reach the target profit, I think it won't be a problem to sell some of their portfolio and take some profit and enjoy it.

We know that it is not the right time to sell our Bitcoin holdings right now. That's even more exciting when we see each bitcoin make $100,000. As long as it is important to the holders, you should set the year, month, and price you will sell.

This goal is important, and at least it makes sense for us to accumulate Bitcoin. Then we have witnessed several bull runs that have ended since 2017 and 2021. I am hoping that we will all succeed if we believe that we can get good profit savings from the bull run itself.

Everyone has a different strategy and there is no right answer simply because no one knows what is going to happen. Personally I prefer to set a goal, and by goal I mean a value, and then if it reaches that number I am going to sell because I am happy with it, if it doesn't then I'm simply going to hold. For some people $10k could be a lot of money just like for others $200k could be considered a small amount.

Bull market is not the time for selling your investment, it's simply because the potential profit would lose if we do. We can't predict the exact price of Bitcoin in the next days but we can forecast what would be the possible outcome of Bitcoin's price in the near future base on the previous data and the news. However, if we have knowledge about analysis it would help as to do a better decision when is the right time to sell. If you know enough the 4 phases of the market cycle of Bitcoin, you will agree that the best time to sell is the distribution phase.

I'd you tell you one thing what many holders have been regretting whenever the market transits from bullish into bearish. All they are selling is that they should have sold already during the peak so they're in profit. This is a matter of your personal decision and it should lie on someone's shoulder for you to sell or keep holding. Because you are on your own on this market and every decision you make is vital and will result and impact your future feelings. Just like those that have missed selling at the top and those that have missed buying at the lowest. There's always that impact that we see emotionally and that's why all we need to do is to plan our time of selling and at what price is not gonna make us regret. Going with that plan, you'll only need to wait and listen to the good tips to you but even with that you are still the captain of your own boat which is your stash including Bitcoins that you're holding.

People have different trading perspective though. Some would sell all their coin to gain and wait for price to retrace so  they could accumulate more because the lower the price the higher the volume while some will likewise collect their profit or their capital and leave the rest to appreciate high than it is so they could gain more profit which i think is not a bad idea. It is good one collects profit so as to balance the equation of investment and profit collection so as not to lose out.