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Topic: When is the perfect time to sell BTC? - page 6. (Read 2879 times)

hero member
Activity: 882
Merit: 524
For Rent
December 31, 2019, 02:16:26 PM
i have a wallet. i call it "wishes". i write my wishes. for ex. holiday, buying a new phone, electronic devices (like ps5, nintendo switch etc). when i got my salary, i m buying some BTC. and calculating cost of my wishes need. if i reach to do that, im selling. thats my perfect time to sell.
sr. member
Activity: 1071
Merit: 253
December 31, 2019, 01:55:52 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?

Wait for more days and there's no guarantee that the price will rise.
I presume that you are already in profit now, so why not wait for days, you might loss that chance to sell and be smart and not be greedy.
I do not think that there is anything about greediness, yes it is true that he is now in the profit but think about that if he has hold his bitcoin uptill now in bad as well as in good situation of market, then there is no hurry to sell it now, I will suggest that he must wait until for the halving because everyone here is very hopeful for the good price after halving, so being patient is a good decision.
hero member
Activity: 2954
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December 31, 2019, 05:58:01 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?

Wait for more days and there's no guarantee that the price will rise.
I presume that you are already in profit now, so why not wait for days, you might loss that chance to sell and be smart and not be greedy.
sr. member
Activity: 826
Merit: 250
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December 30, 2019, 11:53:09 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?
better to hold and wait for more time. bitcoin bad price for the right now, the best choice for now is hold your bitcoin. i am believe that bitcoin price will increase high price than now. so i advice you must be more patience to hold your bitcoin for more time again and you will can get more profit than you sell your bitcoin now
hero member
Activity: 2730
Merit: 632
December 30, 2019, 11:05:50 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?
Perfect time? Theres no such thing yet when we do talk about price then its an infinity one yet no on on what would be the future.

The only thing i do see the perfect time will vary on each person but considering and counting wins then even showing up some green or gains
is already considered good.
hero member
Activity: 1426
Merit: 506
December 30, 2019, 10:40:01 AM
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.
If you are thinking like that then you will see a time when the bitcoin market is stable, the market is volatile from the start and booking the profit depends upon the profit you have as target and considering the halving in sight no one will sell the coins now rather would hold for a year to reap the maximum benefit.

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
There is no big morale in investment, everyone looks to earn the maximum profit and you need to take steps to reap your profits at the right time, it all depends upon how well you can calculate the market movement and that is the essential part in booking the profit.
full member
Activity: 1442
Merit: 108
December 30, 2019, 08:49:02 AM
No one knows for sure whether the price of bitcoin will go up or down, so I can't give any answers to your questions. but I will give advice to you to hold the bitcoin that you have at the moment, I'm sure if next year the price of bitcoin will increase slightly from this year. the decision is yours  Smiley
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 30, 2019, 08:42:06 AM
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
Most importantly, we just sell our Bitcoin with profit, not just by simply losing it. This will sometimes happen in common for panic sellers, they'll never look into the price they could lose but they just thinking of saving their assets. How was bad but that's their decision, saving their ass is not their focus...they just want to sell as they want to.
legendary
Activity: 3248
Merit: 1160
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December 30, 2019, 06:20:49 AM
#99
I don't get why you still ask this simple question.

sell when you are in profit already, and it should be based on your target.

You know what is the hindrance of not selling at the right timing, it's what we called greediness.
So if you are greedy, you might miss the best opportunity to sell.
legendary
Activity: 2730
Merit: 1288
December 29, 2019, 01:28:38 PM
#98
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?

Set a price at which you will sell 10% and then every time price doubles that price sell 10% more. This way you always have Bitcoins so you never miss out if Bitcoin will be worth millions. But you also get some money out to spend for whatever you want. Maybe buying back  when bitcoin will be worth millions Tongue
sr. member
Activity: 378
Merit: 250
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December 28, 2019, 09:39:53 PM
#97
For me as a long term holder, the best time to sell is at the peak if a price bubble. Of course it’s hard to time the peak so something at 75% or more if the peak would be acceptable to me for selling.
full member
Activity: 1904
Merit: 138
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December 28, 2019, 07:46:41 PM
#96
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?

If you are holding your btc for very long time, then, why are you now deciding to sell your holdings? But on my end, as long as you are already in profit from the original price of what you bought, that's fine already. It is you who can finally decide when to sell your btc -depending on your needs and priorities.
hero member
Activity: 2996
Merit: 598
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December 28, 2019, 07:38:21 PM
#95
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?

You can sell it anytime, when you realized your profit, or when you want funds right away, but if you are looking for profit to sell your Bitcoin, I don't think this is the right and best time to sell, you can delay it if you have read all the news right now, experts are predicting  for a better price in the second quarter if you don't need funds, delay it for a few months. 
full member
Activity: 812
Merit: 114
December 28, 2019, 02:48:11 PM
#94
The best time to sell bitcoin when the price goes too high or you get a very good profit. Don't be greedy, otherwise, you will lose your profit, even capital too. Just sell at a high price, if you wish to buy again, then buy at a low price. If the bitcoin price goes high then be sure the price will come to down, so, take the chance! Keep selling, keep buying. Don't just hold, good luck!
hero member
Activity: 2604
Merit: 816
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December 28, 2019, 03:16:55 AM
#93
the best time to sell Bitcoin is when you need it or when Bitcoin has reached the target price you are aiming for, IMO
right now I HODL several hundred thousand Satoshi that I bought when the price of Bitcoin was at $ 8k, I'm targeting to sell it if Bitcoin is at $ 16k.
I guess we will sell the bitcoin at any price in the market, especially when we need money. But although we sell bitcoin when we need money, we still trying to hold the other bitcoin because we want to sell the bitcoin when the price increase so high. If you're going to sell at $16k, you need to be patient for a while, and maybe you need to wait until the next year to see bitcoin will hit that price. This day, the bitcoin price finally increases, and we see that the price reaches $7307, so we can hope that in the next week, there is something change in the bitcoin market.
sr. member
Activity: 980
Merit: 255
December 27, 2019, 11:43:40 PM
#92
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?
I know that you are looking for advice but you do not give us any information about the circumstances in which you got your bitcoin, when did you bought your bitcoin and at what cost? What are your goals? What kind of investor or trader you want to be?

Without that information it is going to be very difficult to give you solid advice about what it could be the best course of action for you and your coins, and what could be some reasonable expectations for the price of bitcoin during the next year.
sr. member
Activity: 1092
Merit: 271
December 27, 2019, 11:30:45 PM
#91
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?

It is up to you, if you think your profit is worth selling then sell it.  No one can dictate whether it is the right time to sell or not except by yourself.

People often setup a selling price even before they bought Bitcoin so they won't be confused whatever happened to the Bitcoin market and sell it whenever it hits their target price..
legendary
Activity: 2982
Merit: 1028
December 27, 2019, 10:56:26 PM
#90
the best time to sell Bitcoin is when you need it or when Bitcoin has reached the target price you are aiming for, IMO
right now I HODL several hundred thousand Satoshi that I bought when the price of Bitcoin was at $ 8k, I'm targeting to sell it if Bitcoin is at $ 16k.
Set your target and make sure to keep your coins in your safe wallet. There's a lots of market sways that can affect every decisions that you'll going to take make sure you fully understand this business. Selling your assets when you already hit your goal is better than trying to sell it whenever there's unexpected downfall will lead you to lose your investment.
hero member
Activity: 1106
Merit: 506
December 27, 2019, 10:47:09 PM
#89
I always make targets when I will sell my bitcoin and I always target that I will sell my bitcoin when bitcoin can go up as much as 40% of my purchase price. if you already feel you are making a profit then selling bitcoin now is the right decision. if you have not reached the target then you should still hold it. because in my opinion right now most bitcoin holders choose to hold their bitcoins and wait for bitcoin to pump after being reduced by half in May 2020.
legendary
Activity: 1316
Merit: 1145
December 27, 2019, 06:59:48 PM
#88
there is no exact time specification for selling your BTC. it's only you who decides. if I suggest is you can sell your bitcoin when it has benefited. and buy again when prices fall. but if you choose to hold it longer. I target you can sell it when the price is at the peak. (maybe $ 40k- $ 100k)
note: nothing is impossible in crypto. only you believe it or not. it is DWYOR to hold.
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