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Topic: When is the perfect time to sell BTC? - page 7. (Read 2883 times)

sr. member
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December 27, 2019, 06:32:59 PM
#87
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.
full member
Activity: 966
Merit: 153
December 27, 2019, 05:57:51 PM
#86
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?

Nobody will give you a satisfactory answer.
Many will say, you should sell, while some will say you should hold. But the truth still remains you only knows the right answer.
It's your finances, so it's your decision. I believe their are better days ahead. So if you feel positive, hodl more.
hero member
Activity: 2660
Merit: 651
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December 27, 2019, 02:04:47 PM
#85
The perfect time to sell ones BTC is the time a trader or investor is comfortable with the profit he made through his holding or investment but it good to sell when it bull run market i.e when bitcoin halving effect take over all the crypto market.

And if he can buy bitcoin this year, I think he gets the lowest price of bitcoin because the price has reached $3000 so he only needs to waiting until bitcoin price can rise higher.
Bitcoin reached $3000? Are you pulling our legs because the last time i checked bitcoin didn't reach the price you mentioned neither will it be before the bull run market start.
sr. member
Activity: 1554
Merit: 334
December 27, 2019, 09:46:52 AM
#84
Depends on your target price and your enter price. If you're already on a gain now, and doesn't want any more risk, then selling is what might be the best for you. Although you could get higher rewards if you hold, the risks are also higher. There's no perfect time, as the market is unpredictable. It always depends on your intuition of the market's sentiment to the next months/years.
legendary
Activity: 3122
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December 27, 2019, 08:28:14 AM
#83
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 ever that's true that you are holding BTC for a long time, at least you should know by now when to execute your selling action.

What if I say, you must sell now, will you follow?
What if big institutions encourage anyone to sell their BTC now, will you follow?
What if the majority told you to sell today, will you follow?

You are just asking a impossible and non-sense simple question, why the heck I'm asking these questions back to you instead of just answering yours? The reason is, there is no person here who can tell you "WHEN" would be the perfect time to sell your coins. It will depend on how far you understand what you're really doing.

People have different preferences, try to find your own.
sr. member
Activity: 1400
Merit: 259
December 27, 2019, 07:58:30 AM
#82
Wait for the end of the halving. That is unless you need money for your own necessities.
The fluctuation now and maybe even before the halving might get bumpy.

Whales might be telling lies about not doing anything with it. This could just be another strategy for profit which they want only for themselves.
We don't really know where it will end but there is a larger chance for a price increase.
legendary
Activity: 2492
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December 27, 2019, 07:30:31 AM
#81
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 depends how much you buy your btc. Do you have a set target price? If none then you can sell your btc if you already gain profit, we cant tell how btc will progress for the coming days because it can turns up further or decline. But others prefer to wait after the halving because it might be an indication of another bull run to come.
if you don't need money, you should avoid it. for now, I still believe that the price of bitcoin can rise even higher. if you sell it now, you might regret seeing the price of bitcoin rise higher in the coming year. no matter you buy it when, but if the price is still under $ 10k it is still very worth holding right now.
hold back a little more until halving arrives, I think it's more worth it than selling it now.
hero member
Activity: 1008
Merit: 501
December 27, 2019, 07:09:29 AM
#80
Selling Bitcoin Doesn't rely on price ups and downs, it depends on you. When you need money then sell it, otherwise if you want to hodl it, hodl it for a long time. Because the present price is not the suitable perfect price of Bitcoin, there have many talks, evidence that after the Bitcoin halving, BTC price can go higher than now, it can overcome 10K USD anytime, so, you may hold it till that time.
hero member
Activity: 3010
Merit: 629
December 27, 2019, 04:37:13 AM
#79
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 depends how much you buy your btc. Do you have a set target price? If none then you can sell your btc if you already gain profit, we cant tell how btc will progress for the coming days because it can turns up further or decline. But others prefer to wait after the halving because it might be an indication of another bull run to come.
hero member
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December 27, 2019, 04:23:14 AM
#78
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 have been holding btc for a long time, that means you already understand the reason why bitcoin will never return to the price when you first bought it. The best way is to be able to hold it as long as the market transaction volume is still growing rapidly, you only need to estimate sales in the next 5-15 years. It's better to divide a small portion of assets for altcoin, and only sell profits from altcoin.
The price now still not growing, but we can wait for a while because bitcoin will grow in the future. If he said he held bitcoin from a long time ago, I guess he already sells bitcoin before the price is dropping deep like today. And if he can buy bitcoin this year, I think he gets the lowest price of bitcoin because the price has reached $3000 so he only needs to waiting until bitcoin price can rise higher.
sr. member
Activity: 882
Merit: 268
December 26, 2019, 11:16:33 AM
#77
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 have been holding btc for a long time, that means you already understand the reason why bitcoin will never return to the price when you first bought it. The best way is to be able to hold it as long as the market transaction volume is still growing rapidly, you only need to estimate sales in the next 5-15 years. It's better to divide a small portion of assets for altcoin, and only sell profits from altcoin.
legendary
Activity: 1473
Merit: 1086
December 26, 2019, 11:15:16 AM
#76
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?

Determine the target to achieve the profit you have calculated when you make a purchase at that time, if you feel you have got a big profit, then there is no harm in making a sale to reap the fruits of the investment you have made so far
but in my opinion, if you can be patient waiting for market prices to rise sharply like 2017 then chances are you can get greater profits than now

Highly agree. Always sell on a run-up and not in a month long bearish phase.
sr. member
Activity: 1792
Merit: 264
December 26, 2019, 11:06:56 AM
#75
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?

Determine the target to achieve the profit you have calculated when you make a purchase at that time, if you feel you have got a big profit, then there is no harm in making a sale to reap the fruits of the investment you have made so far
but in my opinion, if you can be patient waiting for market prices to rise sharply like 2017 then chances are you can get greater profits than now
hero member
Activity: 1050
Merit: 529
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December 26, 2019, 10:17:08 AM
#74
in my opinion now is not the right time to sell bitcoin. because a few more months bitcoin will be reduced by half and the possibility of bitcoin will pump after being reduced by half. so if we sell bitcoin now we can reduce our profits in the future. or if you really want to sell bitcoin, sell some of the bitcoin that you have. and the rest you can hold until the bitcoin bull run next year. be patient a little to get greater profits.
May we say that it is not the perfect time to sell but how about if you are buying Bitcoin at $4000, does it give you doubts to sell? Cause for me, I consider this time a perfect time to sell. Besides, I'm already gaining almost half of my investment but I'd never think that I would sell all of them, may keeping some is also a good idea for the future possible price increase.
sr. member
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December 26, 2019, 05:38:28 AM
#73
in my opinion now is not the right time to sell bitcoin. because a few more months bitcoin will be reduced by half and the possibility of bitcoin will pump after being reduced by half. so if we sell bitcoin now we can reduce our profits in the future. or if you really want to sell bitcoin, sell some of the bitcoin that you have. and the rest you can hold until the bitcoin bull run next year. be patient a little to get greater profits.
legendary
Activity: 2716
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December 26, 2019, 03:41:46 AM
#72
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 all depends on you and if you want to make a sale on the grounds that you have benefited from the price of the bitcoin you bought previously in my opinion it is the right choice.
because if you hesitate and when bitcoin prices go up and you keep holding it in the hope that bitcoin will keep going up and eventually bitcoin falls below the price you bought before and you will regret it because bitcoin is difficult to predict, and most importantly you make purchases when bitcoin prices are cheap and resale when bitcoin prices rise.
in the crypto world, prices are indeed vague. if he really asks for advice on the right time to sell bitcoin, I don't think this is the right time. if you want to sell it, wait after halving. Even though there is no guarantee that the price will increase, the potential for pump is huge.
if you don't believe in halving, you can sell it now. if you feel you have benefited now, selling it now would be better than doubt.
full member
Activity: 1330
Merit: 248
December 26, 2019, 03:15:52 AM
#71
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 think you can profit with a good amount then you can sell it as long as you are not lose with what you have capitalyze. If you think you already gain good amount of profit then sell it. You can also wait for more or until next year it is all your decision.
sr. member
Activity: 2366
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December 25, 2019, 09:46:52 AM
#70
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 all depends on you and if you want to make a sale on the grounds that you have benefited from the price of the bitcoin you bought previously in my opinion it is the right choice.
because if you hesitate and when bitcoin prices go up and you keep holding it in the hope that bitcoin will keep going up and eventually bitcoin falls below the price you bought before and you will regret it because bitcoin is difficult to predict, and most importantly you make purchases when bitcoin prices are cheap and resale when bitcoin prices rise.
hero member
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December 25, 2019, 07:14:22 AM
#69
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 think your profit enough, it is ok to sell. Good or not is all depends on ourself. If i think it is profit, i will sell. Buy again if have chance to get cheaper price. Listen to people in here is good too, you can pick which one that you think can be happen in future. But nobody can actually predict really right in bitcoin price.
sr. member
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December 25, 2019, 06:13:34 AM
#68
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 think selling your BTC now is not a good idea the fact that Bitcoin's value is not that high compared before, better if you will wait for more. Halving that will happen next year could possibly do some changes on it so better if you will wait. The better to do right now is to buy more bitcoin so that it would be more profitable as uptrend comes. But these are just my recommendation, you could still choose your own instinct, if you think you could a profit then why not sell.
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