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Topic: When is the perfect time to sell BTC? (Read 2883 times)

newbie
Activity: 45
Merit: 0
January 31, 2020, 08:19:33 PM
I am a hodler too. And I'm not gonna to sell BTC before halving in May.
legendary
Activity: 2842
Merit: 1511
February 02, 2020, 04:44:49 PM
The perfect time to sell is when you're dead. This way, your coins become lost and our wealth increases. Cheers.
full member
Activity: 658
Merit: 117
January 31, 2020, 08:14:18 PM
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?

just put your order sell at $9999 seem the price will be in this month.
then waiting buy back at $8000 the price will be get correction after some rising.
some indicator maybe usefull for you

Spot rate: $9,081
Relative change: $185
Percentage change: 2%
Trend: Bullish
Volatility: High
Support: $8,800, $8,400 and $8,200
Resistance: $9,100 and $9,200


source : https://coingape.com/bitcoin-price-analysis-btc-usd-smashes-past-9000-hurdle-nigh-10000/

I do wish it were that plain and simple. But in reality, Bitcoin has for the better part of a decade defied logical analysis, and quite frank, there seem to be some meta-logic going on in the market. Even with the right instrument you can hardly guage the correct market sentiment.

It's true that:
1. Bitcoin may or may not hit the 10k mark (or your $9999 target).
2. The market may or may not see a heavy correction after hitting the 10k mark.
3. The retracement may or may not likely determine the next bullish trend...

...on and on, goes the unpredictability and heightened level of uncertainty. But one thing is for sure volatility spike in the recent months/weeks has me wondering if the new 12-months high will see new stability.

My advice (don't take as gospel), take profit when you can and do your best to stay in the game with no regrets.
full member
Activity: 1330
Merit: 147
January 30, 2020, 09:33:40 AM
I encourage diversification too because it will be more cheaper to buy other altcoins and any time Bitcoin market value skyrocket definitely most of the altcoins will appreciate in value up to hundred percent although, it depends on how high Bitcoin market value will increase withing the period of halving.
Depend on the altcoin that you choose, because if you wrong to choose an altcoin then you will be chagrined and you will thinking to have bitcoin only on your portfolio. Remember this situation had happened at 2017 ago, many investors there convince that bitcoin and altcoin price will up continously so as they keep their asset and never had any intention to sell them, but in the fact they got wrong and lost eventually.

I got that opinion because many people there believe that bitcoin will get another all time high based on its fundamental factor. As long as you keep bitcoin in your wallet and its price dump drastically I'm sure you will stay comfortable because many people there believe that altcoin will pump again. But in altcoin, what do you expect from them? What fundamental factor that will many people trust its price will touch the all time high again?
sr. member
Activity: 1330
Merit: 291
January 30, 2020, 09:16:06 AM
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
For me, I think you should hold your bitcoin for now because, halving is coming and it might affect the price of bitcoin as per its supply would decrease and when it happens demand would in return will increase causing a possible pump. But, it is not bad to have other investments other than bitcoin to diversify your investments in case the plan goes sideways.
I encourage diversification too because it will be more cheaper to buy other altcoins and any time Bitcoin market value skyrocket definitely most of the altcoins will appreciate in value up to hundred percent although, it depends on how high Bitcoin market value will increase withing the period of halving.
full member
Activity: 574
Merit: 108
January 28, 2020, 08:54:21 AM
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
For me, I think you should hold your bitcoin for now because, halving is coming and it might affect the price of bitcoin as per its supply would decrease and when it happens demand would in return will increase causing a possible pump. But, it is not bad to have other investments other than bitcoin to diversify your investments in case the plan goes sideways.
sr. member
Activity: 1330
Merit: 291
January 28, 2020, 06:01:43 AM
the perfect time for me is when i can buy my dream house and car with the belongings that i hold. so bitcoin price must be 100k usd and more for me to tell that it is the perfect time  Smiley
Will you see buyers when Bitcoin market value reach $100,000 as some people are busy speculating on different social media. You will have a long way to wait and keep holding your Bitcoin or buying more Bitcoin pending when you the price of Bitcoin reach your said expected value.
hero member
Activity: 700
Merit: 501
January 28, 2020, 05:20:56 AM
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?

just put your order sell at $9999 seem the price will be in this month.
then waiting buy back at $8000 the price will be get correction after some rising.
some indicator maybe usefull for you

Spot rate: $9,081
Relative change: $185
Percentage change: 2%
Trend: Bullish
Volatility: High
Support: $8,800, $8,400 and $8,200
Resistance: $9,100 and $9,200


source : https://coingape.com/bitcoin-price-analysis-btc-usd-smashes-past-9000-hurdle-nigh-10000/
hero member
Activity: 1078
Merit: 537
January 28, 2020, 05:17:55 AM
the perfect time for me is when i can buy my dream house and car with the belongings that i hold. so bitcoin price must be 100k usd and more for me to tell that it is the perfect time  Smiley
sr. member
Activity: 1330
Merit: 291
January 28, 2020, 04:59:39 AM
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
All depends on what you intend to sell your Bitcoin for because to me the perfect time to sell Bitcoin depends on individual perception. As for me, the perfect time for me to sell my Bitcoin if when I need to make use of the money that is the perfect time for me to convert my bitcoin to my local currency for me to be able to make purchase since none of the shops in my city accept Bitcoin and other altcoins.
full member
Activity: 1568
Merit: 100
COMBONetwork
January 28, 2020, 04:49:17 AM
looking at the price of Bitcoin now it looks like Bitcoin is trying to break the resistance at $ 9200, but at this time it seems to fail, there must be more fresh funds coming into Bitcoin to break the $ 9200 resistance, maybe if you follow the steps I sell half of the bitcoin that I have is a which is good for preventing heavy losses if bitcoin dump
sr. member
Activity: 1092
Merit: 284
January 28, 2020, 04:16:07 AM
It all depends on your decision. If you think you have made enough money and don't need it, then you can sell. And if you need emergency money, you can sell. But since you have been holding for a long time, then there is no reason that you will lose so you want to sell. In my opinion it would not be fair to sell now. The reason is that there is a lot of good news on Bitcoin that may give you some more profit. Everything depends on you.

If it is only for the short term then it is already profitable in my opinion what you are doing is quite good too because it has held up the current price increase and of course with this increase there is a lot of positive news about bitcoin going forward.
I believe bitcoin will soon touch the price of $ 10k in the near future the matter is now btc has returned to $ 9k, of course this will definitely increase again in the next few days.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
January 28, 2020, 04:06:14 AM
It all depends on your decision. If you think you have made enough money and don't need it, then you can sell. And if you need emergency money, you can sell. But since you have been holding for a long time, then there is no reason that you will lose so you want to sell. In my opinion it would not be fair to sell now. The reason is that there is a lot of good news on Bitcoin that may give you some more profit. Everything depends on you.
this is indeed an uncertain thing because everyone has their own situation to sell bitcoin at the right time. however, in this matter, there is a condition where it is the right time to sell bitcoin, and we all agree on that when the price is above $ 15,000, or at the new ATH. everyone who buys a price below $ 10,000 will think the same thing that selling it at the time is the right decision.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
January 28, 2020, 03:03:45 AM
See everyone know the rule of crypto currency buy when it is red and sell in it's peak, but we need to observe the market situation. Patience always give you a well deserved money, crypto is not for those who are planning to sell after few months. Just use it as a long-term and you will be rewarded for your patience.
Being in RED color doesn't mean that is a perfect time to buy nor a perfect time to sell when the color turns into green. Because I don't look that way, I only consider selling once I already see that I am gaining, the color doesn't matter for me. Any time of the day, I could even sell my Bitcoin if I already achieve my target.

I appreciate how people understand the way investing it was, either for a long-term or short-term investment we must be wiser enough to see the price and so the coin/s that we would like to take the risk with.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
January 27, 2020, 09:50:48 AM
It all depends on your decision. If you think you have made enough money and don't need it, then you can sell. And if you need emergency money, you can sell. But since you have been holding for a long time, then there is no reason that you will lose so you want to sell. In my opinion it would not be fair to sell now. The reason is that there is a lot of good news on Bitcoin that may give you some more profit. Everything depends on you.
member
Activity: 560
Merit: 13
January 27, 2020, 09:35:31 AM
See everyone know the rule of crypto currency buy when it is red and sell in it's peak, but we need to observe the market situation. Patience always give you a well deserved money, crypto is not for those who are planning to sell after few months. Just use it as a long-term and you will be rewarded for your patience.
sr. member
Activity: 1236
Merit: 252
January 26, 2020, 11:44:41 PM
the right time to sell is when the market is bullish and trade according to market rules, then you will be safe, every coin will surely experience a bear and a bull, you don't have to worry when to buy it, the price will definitely decrease when the bull is finished
Yes, no doubt we should know the right time for selling and buying. We can buy some coins when the market is bearish and have to keep holding until it's become bullish. We should try to collect some bitcoins rather than thinking about selling it as now is the bearish market not yet approached the bullish so better keep holding and waiting for the perfect time of selling your coins.
hero member
Activity: 938
Merit: 501
January 25, 2020, 05:41:07 AM
the right time to sell the bitcoin that we have is when we need money in a short time and see the history of purchases that we do by selling it above the purchase price. no matter if the profit will be obtained only a little, at least when we sell it must carefully avoid losses that will be experienced
In fact, there are two possibilities that it is the right time to sell bitcoin, that is, when we need money, at that time, selling bitcoin at any price will be worth it, because we really need it. and the second is when prices are high. we know that some people are waiting for high prices and that is the right time, especially when you buy bitcoin at a cheap price.
If we need money and sell bitcoins, it is definitely not the right time to sell them. It's an undesirable case so I think it's a bad time, the right time to sell bitcoins is when we make a profit. I rarely sell bitcoins for use in emergencies because I don't invest 100% of my money in this market, I always keep some funds to spend so I never sell bitcoins when the price is cheap and I believe a lot of people also use these to limit the sale of bitcoin and altcoins at the bottom
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
January 25, 2020, 02:15:03 AM
the right time to sell the bitcoin that we have is when we need money in a short time and see the history of purchases that we do by selling it above the purchase price. no matter if the profit will be obtained only a little, at least when we sell it must carefully avoid losses that will be experienced
In fact, there are two possibilities that it is the right time to sell bitcoin, that is, when we need money, at that time, selling bitcoin at any price will be worth it, because we really need it. and the second is when prices are high. we know that some people are waiting for high prices and that is the right time, especially when you buy bitcoin at a cheap price.
Yes, urgent situation i think sell bitcoin is ok because it is our assets too. And maybe sell only what we needed so we can save the rest for higher price if bitcoin price is pumped. I will do that if bitcoin is last good assets that i can sell.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
January 25, 2020, 12:32:18 AM
the right time to sell the bitcoin that we have is when we need money in a short time and see the history of purchases that we do by selling it above the purchase price. no matter if the profit will be obtained only a little, at least when we sell it must carefully avoid losses that will be experienced
In fact, there are two possibilities that it is the right time to sell bitcoin, that is, when we need money, at that time, selling bitcoin at any price will be worth it, because we really need it. and the second is when prices are high. we know that some people are waiting for high prices and that is the right time, especially when you buy bitcoin at a cheap price.
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