Topic: When is the perfect time to sell BTC? - page 3. (Read 2879 times)

It depends purely on your situation as it's not the best time to sell bitcoin as we're waiting for a bull run to do that, but if it's an emergency you can sell it. Or else set the auto trade to sell off if the value falls and if the value pumps back, set the buy trade as well. For if the value is 7500 then put some of the coins you've got to sell and wait for the price to go down to buy back to the lower rates

There is no specific time or date to sell, if you are in the need of money desperately then why need to wait? At the same time if you are expecting some huge return kindly wait till halving. Everyday there is a change in value which seems to be a good sign for huge demand, take decisions carefully that's all I can suggest you.

There is no perfect time to sell, but you must have a target to sell. Suppose you want to sell when bitcoin price touches $20k or $50k or even $100k. because you've holding long enough, so wait until the next halving, I hope history repeats it so that it can go above $20k.

Get profit daily day with bitcoin is most effective way than you keep hold bitcoin with long time although have chance selling bitcoin with higher price, but you need daily source income for your needed by getting profit with short term trading in bitcoin and altcoin, look every day bitcoin goes higher and lower price where you have way how to get much profit with bitcoin and altcoin.

The most important thing in my opinion is you sell it in favorable conditions, so it all depends on you and if you are not satisfied with the price of bitcoin, it never hurts you to wait for the price of bitcoin to rise even higher.
but you also have to be careful because doubts can bring good luck and losses, because dissatisfaction can be a loss because the reason is when you already have the advantage and choose to continue to hold it and hope that the price of bitcoin continues to rise and in the end bitcoin goes back down and sharp, and finally you will regret having wasted the opportunity.
all decisions are in your hands and if you are in doubt, try to do further research and analysis about the next bitcoin movement and find the best information about bitcoin going forward, even though the current bitcoin movement is good, there is no harm in anticipating and wise in making decisions.

It is subjective, all of traders have different strategies in terms of selling. I oftern using trailing stop and target profit. What is trailing stop, it is the time where the upward movement is finally over and I will cut my position. Target profit is about I setting up a potential rewards which is most likely between 10%-20%. It depends on you when is the best time to sell bitcoin. The most important is we should make profit and not losses when we sell our bitcoins.

If you're sure you're going to get a lot of sales, I think it's all right to sell bitcoin now and then take the profit. Since Bitcoin's going to be very volatile tomorrow or in a week. So you're losing the money. In addition to speculation, the important thing to invest in crypto is morals not to be greedy. Sometimes people continue to hope that the value of a coin will continue to rise and delay selling, but the coin does not actually rise. And selling is the right decision if you already have profit...

   Hypnosis00 you are a day trader, or short-term trader, I think both terms are accurate. Your gains depends on choosing the perfect
moments for your trades. I respect your perspective, your profit depends from your daily decisions. But I don't wish to make daily
decisions to buy or sell, I make a decision to be in for a long-term, and for me there is no perfect time for selling Bitcoin for two reasons:
1. I think that every price bellow 500k is too low for selling Bitcoins.
2. If price reach 500k one day Bitcoin will be fully adopted everywhere, I will not have to sell it, I will be able to just use it!

It maybe we are different, I consider myself as a short term holder and just like what you've said...I sell my Bitcoins when seeing profits on it and buy back again. That was what I usually do and also I feel that it helps me to generate more gain rather than to be a long-term holder. I understand the risk of this and that it why it needs to be smart in doing decision.

you can wait for more increase price maybe halving will coming. if you sell your bitcoin in bull run happen you will get more profit than now. but if you do not want to take the risk you can sell your bitcoin now and buy back when bitcoin decrease price then hold for long term again.  it can make you take more profit

If you're holding bitcoin for long term you might specify for how long I should hold my Bitcoin, is it for 5 years, 10 years or so. But if you're holding Bitcoin for short term you should sell them once the price is going up, yeah buy low and sell high. I personally hold Bitcoin as a long term investment, even if the price is going up I don't sell my coins because I have specified the period for holding Bitcoin. when the time comes and the price is skyrocket I will sell those coins.

 I personally prefer the special days of bitcoin to do something like this. I mean I don't like to sell at any time and I keep my coins safe as much as I can but if I really "have to" sell I would rather do it on special occasions. Usually bitcoin doesn't care about those occasions and prices doesn't change too much but people get hyped about it so much that they buy it beforehand increasing the price and I hold it until the date and sell it right at that date before everyone realizes nothing major happens and they give up. Just to give an example I will probably hold all my coins until halving and at the day halving will happen I will sell my coins and wait for people to realize price is not skyrocketing and than sell and drop the price in which case I will buy back more bitcoins.

What price did you buy Bitcoin? And until now you have made a profit from buying bitcoin, the price has reached $ 8700 and is still increasing. If you buy bitcoin at a lower price than you currently are, you already have a profit, and you can sell it if that profit is satisfied with you. Or you can choose to hold some more time and wait for halving, the price will probably be much higher than the present

the question is at what price do you buy bitcoin?
sell now it's okay if you already get a profit, the price when you buy is very low and now it's 10x from when you buy. if not, try waiting until the halving bitcoin is finished later and see if the price of bitcoin will be the same as the predictions expected by everyone here.
if there really is an urgent need, selling your bitcoin right now is not a problem in my opinion. so whenever you sell it is the right time because you have made a decision.

that's a very good idea, after reducing by half the possibility the price of bitcoin will go up. but until now I still have not seen the movement of the price of bitcoin, the price increase yesterday in my opinion is just an ordinary increase and it is a cycle. very difficult to see a bull this year 

Most wise investors chooses to accumulate while the value suffered from dumped and sell it up when seen good opportunities then buy it back
and continue the process. Though really tough to predict and anticipate but experienced dictates with some experiment with your strategy then
you'll be able to determine the perfect timing for your positions both in buying and selling your assets.

That would be an ideal thing to do but in reality it's hard to see those up if we see some certain dumps gonna happen even though the halving will occur but if your patience is long then maybe it will be a perfect fit but try to extend your creativity to earn more and accumulate more volume and profit.

Wait to sell until after the halving.  That's when the price will probably start to make a decent increase.  Hold on as long as you can after that to make the most profit.

The perfect time is when you have to and have the genius to know BTC pricing will be in a negative trend.   I really have doubts to come to that conclusion right now, I previously thought we could drift sideways neutral to negative in effect as many will sell a do nothing market but at least short to medium term pricing seems to be more positive so far in 2020.

On this break above 50 day average, I've noticed a higher rate of volume.  Its purely just one look at an indicator of some strength to the price but it seems to be one less reason to be negative on the pricing even while we can pull back, often a pull back can be a kind of positive for gains to come after that.   This seems to be an increasingly positive meta however I need the long term to also come round and so till then I do believe we remain in a cycle and selling is possible just as much as buying after gloom and falling prices is.




So we've broken away from the 50DMA but also some negative trends from July from my view.   I would guess for a range currently upto 200 day average and possibly 8000 to 8500 needs confirm as a base for future gains to be stably occuring.  
Blue line on the price chart is a roughly week average price, lowest blue line is OBV trying to gauge strength of the move and as I said gradient is quite aggressive reflecting volume.

You can sell bitcoin "if" you gain a good return but if still lose then continue to hold your bitcoin yoir question is depend on the case pf the person who own bitcoin. In my case since I buy bitcoin at $7k now I gain a good return but I stil holding bitcoin and waiting for the 2020 halving.