Pages:
Author

Topic: When is the perfect time to sell BTC? - page 8. (Read 2883 times)

sr. member
Activity: 751
Merit: 253
December 25, 2019, 05:37:24 AM
#67
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?
How much price before when you buying bitcoin? if you bought under $3000 is the best and perfect time for selling your bitcoin right now because you got 100% profit with bitcoin, but when you buy bitcoin last end year in 2017 better keep hold your bitcoin and never try to sell with lower price, I think with bitcoin you can trade or sell with short time period because you can get profit in daily day.

there is no best time to sell bitcoin. it all depends on which price you bought bitcoin. those who bought bitcoin ew days back when it was at 6800$ best time was to get rid of when went up to 7500$. best time for those who bought at bitcoin ATH is yet to come. thats the best we can say about selling about bitcoin.
sr. member
Activity: 938
Merit: 251
December 25, 2019, 04:48:22 AM
#66
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?
How much price before when you buying bitcoin? if you bought under $3000 is the best and perfect time for selling your bitcoin right now because you got 100% profit with bitcoin, but when you buy bitcoin last end year in 2017 better keep hold your bitcoin and never try to sell with lower price, I think with bitcoin you can trade or sell with short time period because you can get profit in daily day.
sr. member
Activity: 784
Merit: 251
https://raiser.network
December 25, 2019, 04:30:19 AM
#65
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?

Maybe you should wait a perfect time that the price is suits to your needs or its okay to you to sell it. long term holder is difficult because in times that btc is too high its a pressure to sell because you know that you want a higher more, but for now its too obvious that the price is not exact to sell all. so better to hodl more days and observe the market.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
December 25, 2019, 03:35:51 AM
#64
Selling of Bitcoin will be always regard as a thing of  choice and not something done out of time.
When the price is high most Bitcoin owners will want to sell. When the price is low, they will always want  to sell. Therefore, do what is best for you.
However, try not to sell out of panic or influence.
Depending on your choice? Because it happens to me last time when I really need the money and I have no choice but to sacrifice and sell it even I could lose some bucks. It was a wrong idea but somehow it helps me out from nothing. For it sometimes we need to think about what is better and what could be the result, sacrificing someone isn't really but to be the right decision it should be.
It needs to be the decision of the person itself, because when you go with someone's suggestion you might experience profit as well as loss depending on the market situation. If it gives profit, then it won't hurt us, but loss will always make ourself think I should've made my own decision on selling. When we analyze and sell ourselves we can learn better about the market as well as have a satisfied mind.
hero member
Activity: 2828
Merit: 518
December 25, 2019, 02:01:09 AM
#63
If you're probably asking the perfect time to sell our Bitcoin's, I don't think there is a right answer for that. It certainly because it all depends on our discretion and besides, we have a different buying price, therefore we can't be saying this is the perfect price you should wait before you sell.

For example, If I'd bought Bitcoin last January at around $4k, I may consider today is a perfect time to sell since the price was doubled already but if you buy when the price at $10k, did you think that would be a good step to make? Of course, it won't and all these matters to ourselves.
hero member
Activity: 1582
Merit: 523
December 24, 2019, 11:21:23 PM
#62
This depends on you at what price is your desired to sell to have earn profit. Every time you invest money in crypto you already have the plan as to when you can sell it. Sometimes we are undecided in terms of selling in the market, but, we have to think that the perfect time is when you are earning already.
legendary
Activity: 2058
Merit: 1015
December 24, 2019, 10:05:16 PM
#61
People keep on asking this question. When you are making decision about selling, you shouldn't rely on others because like your speculation, theirs is also not accurate. As long as you need money, you can sell at any price. If you're a trader, that can be learned when is the right time for selling. Look at those successful traders, are they relying on others speculation? definitely not, they studied about when to buy and sell, read graph, etc. They only rely on themselves and you should too.
hero member
Activity: 1708
Merit: 541
December 24, 2019, 09:41:09 PM
#60
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?
Uhm, December 2017? JK, you can't know when you can sell for maximum profit. So, the best time for selling is when you're satisfied with the profit. If you feel this price is fair, then sell now. If you still expect more upward movement, then wait. I personally would wait considering what's coming up in Bitcoin: the halving.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 24, 2019, 09:37:02 PM
#59
Selling of Bitcoin will be always regard as a thing of  choice and not something done out of time.
When the price is high most Bitcoin owners will want to sell. When the price is low, they will always want  to sell. Therefore, do what is best for you.
However, try not to sell out of panic or influence.
Depending on your choice? Because it happens to me last time when I really need the money and I have no choice but to sacrifice and sell it even I could lose some bucks. It was a wrong idea but somehow it helps me out from nothing. For it sometimes we need to think about what is better and what could be the result, sacrificing someone isn't really but to be the right decision it should be.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 24, 2019, 06:57:09 PM
#58
It's impossible to consistently sell near the top and buy near the bottom. Most experienced position traders will tell you to DCA (dollar cost average) your entries/exits in "ranges" rather than trying to pinpoint the perfect time to buy/sell. Entering or exiting all at once usually leads to significant drawdowns and missed opportunities.

In my opinion, the $6,000s and $7,000s are a buying opportunity. I believe we will reach new ATHs next year or 2021 at the latest. We can't know where the next bull market top will be; it could be $30K or $300K. All we can really do is sell into irrational bubble behavior and wait for the price to crash.

Based on the 2015 and 2018 bottoms, I probably won't be selling below $60K. There's a decent chance after the following bear market that we'll never return below $50K-$60K again.

I like your prediction and feel the same about the price.
I found the best way of getting more Bitcoin without regrets is getting rid of an addiction or some unhealthy habit and dedicating the money to buying BTC every month. Just spend some of that money you'd otherwise spend on booze or hookers on BTC and you won't regret it. Trying to fish for tops and bottoms is gambling, nothing else.

I also believe that we're going up in the long run and another bull market when we break 20k won't be 25k or 30k. It's going to be 50k+ I've been watching this market for a long time and we both are probably wrong with that 50k prediction and it will sell some at that level but the price will to to 100k. I did that when we were going to 20k. Took some profit at 7k because I thought the price was  already crazy, over 7x the previous ATH, but it did not stop. That's how powerful BTC bull runs are.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
December 24, 2019, 05:38:36 PM
#57
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?
The price is still not going up, and if you are planning to sell make sure that your selling price is higher than your buying price. You’re holding long time ago with bitcoin, you must have the target price for you to know when to sell and stop yourself from taking too much risk on holding. The best time to sell is when the price hit your goal with bitcoin and of course when we enter the bull market.
full member
Activity: 966
Merit: 153
December 24, 2019, 04:30:47 PM
#56
Selling of Bitcoin will be always regard as a thing of  choice and not something done out of time.
When the price is high most Bitcoin owners will want to sell. When the price is low, they will always want  to sell. Therefore, do what is best for you.
However, try not to sell out of panic or influence.
legendary
Activity: 1806
Merit: 1521
December 24, 2019, 03:07:48 PM
#55
It's impossible to consistently sell near the top and buy near the bottom. Most experienced position traders will tell you to DCA (dollar cost average) your entries/exits in "ranges" rather than trying to pinpoint the perfect time to buy/sell. Entering or exiting all at once usually leads to significant drawdowns and missed opportunities.

In my opinion, the $6,000s and $7,000s are a buying opportunity. I believe we will reach new ATHs next year or 2021 at the latest. We can't know where the next bull market top will be; it could be $30K or $300K. All we can really do is sell into irrational bubble behavior and wait for the price to crash.

Based on the 2015 and 2018 bottoms, I probably won't be selling below $60K. There's a decent chance after the following bear market that we'll never return below $50K-$60K again.
legendary
Activity: 2884
Merit: 1117
December 24, 2019, 01:33:29 PM
#54
Shouldn't sale all depend on what you do with your life? At the end of the day some person can wait until they die and inherit that to their children, some people may hold until they retire and sell it to have a better retirement, some people may save until they buy one thing they have been wanting and some people just buy/sell daily.

Honestly, there is no X price to sell bitcoin that makes sense to every human on earth, that is not possible because we are all different people with different needs and wants and wishes so the price to sell bitcoin for all of us changes. I personally want to have a million dollars, I don't care what the price of bitcoin is but if my bitcoin worth ever comes close to that I will definitely sell, this doesn't work out for everyone for example.
legendary
Activity: 2100
Merit: 1058
December 24, 2019, 12:26:51 PM
#53
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 to sell your coins is up to you, but it should always be a time when you have made profit, although it doesn’t work out that way for some people. I can remember there was a time I never had enough money to invest in Bitcoin and when I invest the price would go down at a time when I’m in need of using that money.

I would have no other option than to sell my coins and use the money to solve my problems. That almost made me stop investing in Bitcoin. I got pissed because I was not benefiting from it, the price was always going down at a time when I needed the money and that’s how I will always end up with loss. It was like that most times until things changed and I was able to Hodl for a long time.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
December 24, 2019, 12:17:59 PM
#52
If you have held BTC for a long time, it is best to wait longer, Why don't you sell BTC when it reaches $ 13500 this year, now the price is very low so you should not sell it. This is a good time to start buying not selling, BTC will soon go up above $ 15,000 in 2020 by halving so you should have more patience
sr. member
Activity: 2828
Merit: 344
win lambo...
December 24, 2019, 08:47:03 AM
#51
I have planning what is the perfect time for selling bitcoin, next year we will got best moment with bitcoin halving and prepare your investing with bitcoin until two weeks later for bitcoin halving you have sell your bitcoin, I think two weeks before bitcoin halving moment price of bitcoin can raise up with higher and you get much profit because I predict can up more than 70%.
As halving can help for the price to increase, but we should note the time we invested. Those who invested before the price dump  after ATH might still not reach the amount of BTC by next year. We must decide now whether to trade it or stop loss already by next year before halving happens. I'm thinking of what to do too.
Hope we've got what we are expecting to happen and have been successful to our plans. Meanwhile, we have to listen and keep track of market changes cause not halving could only help for the market price to soar high, it can some sort of it.
We only have 7 days to go before we end up this year and we are still getting low from the bullish that most are expecting. But the price is still high (for me), it is $7k plus, not bad at all.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 24, 2019, 07:50:37 AM
#50
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?

No, wait 1-2 more years! Tongue

if B<20k in Nov 2020
    hold 1 more year and sell

if B>20k in Nov 2020
    sell

edit: I suppose out of all the information and fors/ againsts I had digested over the years, the thing that stuck by me the most, was not the currency abilities of BTC, but its network effect/ longest chain and thus store of value feature that would be a natural outcome.
if he really can last for years, it's very good to do. but holding it for years is very difficult, especially when the price is already $ 13k, it is very difficult to hold our assets to hold.
but for the better, wait after halving, and the longest is in 2021.
hero member
Activity: 2646
Merit: 686
December 24, 2019, 07:44:47 AM
#49
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?

@Rebelbd even though I am not aware when you have purchased your coins, I yet would advise you to hold onto your coins unless you need to sell them for sudden emergencies. In my opinion bitcoin prices should rally upwards before the halving event takes place, hence you should consider holding your coins till then.

Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/
hero member
Activity: 2716
Merit: 698
Dimon69
December 24, 2019, 06:53:14 AM
#48
I have planning what is the perfect time for selling bitcoin, next year we will got best moment with bitcoin halving and prepare your investing with bitcoin until two weeks later for bitcoin halving you have sell your bitcoin, I think two weeks before bitcoin halving moment price of bitcoin can raise up with higher and you get much profit because I predict can up more than 70%.
As halving can help for the price to increase, but we should note the time we invested. Those who invested before the price dump  after ATH might still not reach the amount of BTC by next year. We must decide now whether to trade it or stop loss already by next year before halving happens. I'm thinking of what to do too.
Pages:
Jump to: