What is your selling plan in the bull run?

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

During a bull run, there will be hype news later which will make predictions regarding the new Bitcoin ATH price. For me personally, I will not set a price target as predicted 100%.
At least, I'll do a set at several rates. At least, at the previous ATH rate, and then gradually increase by a certain percentage to sell it. Don't be too greedy for all in one at one rate, because when it's not achieved and we try to take profits, then we'll regret it

Mr.suevie

sr. member

Activity: 546

Merit: 342

Quote from: Sim_card on August 17, 2023, 11:34:17 PM

OP, for you not to sell too early,it is better that you have a price target that you plan to sell and when bitcoin reaches such price then you can sell off. If you want yo know the actual time to sell,it might cause you loss because nobody can predict the price that bitcoin will reach in the next ATH. We all know that it will surpass the previous ATH but it exact price is what one is still speculating one. We all have our different price targets because what matters is that you make good profit from your investment with the bull run. My place ice target is that the moment bitcoin reaches 100k,I will sell of the portion that I have in mind to sell.

A price target is probably the best way to actually sell off during the bull run because like you have already said no one knows for sure the amount BTC will reach before the bull passes by but this certain curiosity just keeps playing in my head of your own price target of 100k. Am just curious, what if Bitcoin doesn't touches the 100k mark you intend to sell does it mean you won't sell off at 90k when you see that the price has now turned from bull rush to sudden slight dip.

BIT-BENDER

hero member

Activity: 1666

Merit: 709

Playbet.io - Crypto Casino and Sportsbook

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

Don't me surprised that many of us Bitcoin enthusiast aren't as enthusiastic about selling as you are. The mistakes many new guys make is to think that everyone is waiting for that next bull run to sell off but mate that's not the case, I would definitely be excited about the bull run because it increases the adoption level of Bitcoin, it reaches out to those antagonizing Bitcoin that it's actually a solid thing that's here to stay.

Well you know how much you have in holding and definitely may have your Goals so you actually don't need me or anyone to tell you when to sell because no one knows how much the bull run would reach so just make up you mind .

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Sell in tranches, I experience all the bullrun in crypto that happened after 2016 and I always sell by parts on a price that serves as resistance. Don't sell when the price keeps pumping because you might lose the opportunity to earn more. Sell whenever the trend hits a resistance and made a retest on that price.

Also selling on round number such as 40k, 50k and so on is the perfect spot to do since most of the strong resistance happened on that price level. Just do the sell gradually to maximize profit on continuos pumping market.

Stepstowealth

full member

Activity: 658

Merit: 172

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

I may not be as experienced as the others about selling your bitcoins when the bull run begins, but I think that since there is an unpredictable price that the bull is expected to take bitcoin price to, it will be wise to not sell off all your bitcoins at one point, that is if you must sell. You can take the strategy of selling off little by little whilst you monitor the market. This strategy will help you make maximum profit from bitcoins as it will help you prevent the situation where you sell and then still continue witnessing the price go up.

Crypto Library

hero member

Activity: 1036

Merit: 933

Find your Digital Services at- cryptolibrary.pro

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.
I am wondering when is best to sell and want to make sure I don't sell too early.
I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There is no specific plan for buying or selling crypto. However, many people have different strategies, that strategy is to do market analysis or maybe to keep updates of different types of news, such as recently Elon Musk's company SpaceX has sold $373 million worth of bitcoins, so now it is normal that the price of bitcoin will have some effect. And the price of other cryptos will fluctuate along with the price of Bitcoin. so with some basic knowledge it is very easy to understand when to buy and sell Bitcoin or other cryptocurrency coins. It will not require any separate planning . But it is always better if you hold the potential crypto for long time

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: aysg76 on August 18, 2023, 12:37:46 AM

For bitcoin to cross $100k it will take long time if we follow a realistic approach and you are talking about double of ATH approximately so that would definitely have time but if you have long term goals in mind it's really good approach as it will help you to accumulate more till that time so keep on increasing your bitcoin stash with accompanied goals so you will automatically see how much returns you get in future.

Long term is best for those who can afford to be patient and wait for the ATH to be hit, my target is also in the $100k price area for 2024-2025. But even though it's past 2 years it's not a problem because I always buy in stages when there is a significant decline. We'll just see how much profit there is in the end when the key price is reached. Just need to be patient and wait to get what we are going for.

SOKO-DEKE

hero member

Activity: 868

Merit: 574

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

I don't think anybody knows what will be the highest price for Bitcoin in the coming bull run, so predicting the best price to sell is difficult because everyone needs a reasonable profit from their Bitcoin investment. But what I will say is that the best plan for someone to sell Bitcoin in the coming bull run is for you to have a profit target, and once you reach your profit target, you can just sell, or you can also apply the strategy of selling gradually, like a portion of your Bitcoin continuously.

Some people hardly make a reasonable profit on their Bitcoin investments because they don't plan themselves well, and if you don't plan yourself well, you may end up selling your Bitcoin at the wrong time. As for me, if I don't meet my profit target, I will not sell my bitcoin, even in the next bull run, because I am not good at timing markets to buy back.

Dr.Bitcoin_Strange

hero member

Activity: 770

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I am wondering when is best to sell and want to make sure I don't sell too early.

No one knows what will really be Bitcoin's ATH for the expected bull run; some people are speculating $100k+, and if that's going to happen, then you should also be speculative and have a target for the price you wish to sell your coin at. Depending on what price you have bought your coins at, you should know the target profit you are aiming for, so that during the bull run, you can just set your buy orders, and if the price gets there, it will automatically execute. Perhaps if you think that Bitcoin's price will get to $80k, $100k, $120k, and $150k, then you can set your order accordingly. It's just my way, though, but just don't sell everything at once when the bull market is just starting.

tech30338

full member

Activity: 728

Merit: 151

Defend Bitcoin and its PoW: bitcoincleanup.com

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There is a few strategy in selling, this has been and always the best way:
Sell when its high or the price has been up and you have a nice profit.
Other thing that i do and one of my friends always reminds us in a group, sell when you think you are happy with the price,
The reason for it is you don't want to be in the buying stage where the price is already drop sell in a selling stage, this has been my problems over the years, when I wanted more, and end up with no profit at all and still down, so when bull market sell, and wait for the bear season to buy, trust me, you will end up the upper hand against others, new in crypto will hold their coins thinking they will be a millionaire in a few days just by luck, its not how it goes, always take profit, because when you are down, that's when you always make mistakes.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

My strategy will be similar to that of the last bull run, making partial sales to enjoy the benefits without ever selling everything. In fact, I don't think I will sell even 50% of what I have.

The bad thing is that you never know what the market peak is going to be, which would be the perfect time to sell. But my scenario for sales would be something like this: when the price goes up again and approaches the last ATH of $69K there will be many sell orders around that figure, which will be hard to beat. When the price is clearly beaten, around $75K or so, I will do a partial sell. You have to think that it is about X3 on the purchase price now. Around $100K the same thing will happen, a lot of sell orders starting from $95K or less, so the $100K milestone will cost a lot to beat. There too I think maybe I could sell partially between $90K and $95K, and then at $110K or thereabouts.

From there we enter uncharted territory. If things went really well, we might even beat $200K this cycle, although I doubt it, but the point is to do partial sales as the counter value in fiat increases, that way you enjoy profits, and stay invested forever.

aysg76

legendary

Activity: 1974

Merit: 2124

Quote from: BitcoinPanther on August 17, 2023, 04:41:02 PM

I don't mind selling at $120k per Bitcoin. I believe this is enough for me to get more Bitcoin when the bull run ended and the market revert back to bear market. I intend to increase my portfolio to sell high during the bull market and buy low during the bear market and DCA with the fund I got from selling all the way.

For bitcoin to cross $100k it will take long time if we follow a realistic approach and you are talking about double of ATH approximately so that would definitely have time but if you have long term goals in mind it's really good approach as it will help you to accumulate more till that time so keep on increasing your bitcoin stash with accompanied goals so you will automatically see how much returns you get in future.

Sim_card

hero member

Activity: 560

Merit: 511

OP, for you not to sell too early,it is better that you have a price target that you plan to sell and when bitcoin reaches such price then you can sell off. If you want yo know the actual time to sell,it might cause you loss because nobody can predict the price that bitcoin will reach in the next ATH. We all know that it will surpass the previous ATH but it exact price is what one is still speculating one. We all have our different price targets because what matters is that you make good profit from your investment with the bull run. My place ice target is that the moment bitcoin reaches 100k,I will sell of the portion that I have in mind to sell.

hatshepsut93

legendary

Activity: 3038

Merit: 2162

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I am wondering when is best to sell and want to make sure I don't sell too early.

The fear of selling too early is often making investors sell too late or worse - not sell at all and wait for another bull run. The bull run starts with a sudden spike and after that lasts for 1-1.5 years, so a good strategy is to wait 1 year from the start of the run. Also, if DCA is popular buying stategy, than the reverse can be an exit strategy - sell some BTC every week of the bull run and you will get the average bull season price. Ofc the best outcome is to sell at the very top, but tops usually last only a day or two, so it's unlikely you would catch them. The average price of a bull season is way higher than the average of the previous bear season, so it's still a great profit.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

I don't mind selling at $120k per Bitcoin. I believe this is enough for me to get more Bitcoin when the bull run ended and the market revert back to bear market. I intend to increase my portfolio to sell high during the bull market and buy low during the bear market and DCA with the fund I got from selling all the way.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

My selling plan for the bull run depends on the circumstances at that time. I won't sell all of my bitcoin, but I'll choose to liquidate a portion and enjoy some profit.

To be honest, determining the optimal selling point is indeed very hard due to Bitcoin's highly unpredictable movements. However, you can at least gauge that Bitcoin is at its peak when it reaches a new ATH and remains there for a while. Alternatively, you could rely on your feeling to identify the point where it seems to have reached its maximum potential price.

Typically the highest point after a bull run could occurs around a month or two after it, although it could be sooner. I don't have a specific strategy for selling; I'll go with my feeling and the hype by that time when it comes to Bitcoin.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

The important thing is to first set a selling price target during a bull run. Take some profit maybe around 40% or 50% and it will be better than selling everything. We don't know where the market will stop during the bull run. the rest you sell at the highest price and while seeing how strong the support and resistance is. Bullrun provides many surprises and you should be ready to sell higher. maybe 10% you sell when you believe it will be very high.

Victorik

member

Activity: 994

Merit: 14

Quote from: JamesDaniel90 on August 17, 2023, 03:39:51 AM

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There's no thumb rule for determining when or when not to sell, it depends solely on you and what your goals are. For some persons, when they see a x2, x3 they sell some portion to recover their capital.

Agbamoni

sr. member

Activity: 546

Merit: 447

Fine by Time

Honestly, everyone's main goal here is to make the most money they can when the next bull run comes. So, what else are you thinking about? Whether you're new to this or you've been trading for a while, you need to try out different trading plans and pay attention to the info out there. Keep in mind, if you're not informed, you're at a disadvantage.

I'd suggest starting with,

Doing thorough research.
Making different choices for what you invest in.
And most importantly, managing the risks.
By doing these things, you'll increase your chances of making money when the market goes up a lot next time.

m2017

legendary

Activity: 1792

Merit: 1296

Playbet.io - Crypto Casino and Sportsbook

If you are afraid of selling your crypto assets too early (too cheap), then try using a gradual selling strategy, that is, as soon as the price of crypto currencies starts to rise, don't sell everything at once, but do it in stages. Sell 20% first, then another 20%, and so on, until everything you planned has been sold. The figures are presented for examples and you determine which part in how many stages to sell. In general, this is the reverse of the well-known strategy of the average purchase of crypto currencies, only you act in the opposite direction and average your sales receipt.

Topic: What is your selling plan in the bull run? (Read 214 times)