When to sell bitcoin before the next bear market starts? - page 3.

Ziskinberg

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Quote from: koang on February 13, 2023, 03:23:30 AM

From the end of February till March, Bitcoin will become $30k. DYOR.

Do you mean that you are sure the price of Bitcoin will reach $30k because you have it found from your research?
I'm not sure and I would still say that Bitcoin prices remain unpredictable no matter what we do. We can't assume that everything will do the same just like in the past years and most of all, we can't even be sure when will be the next Bull season. I would tell you that the market trend is behaving differently and it is probably because investors had also changed.

koang

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

Who knows the Future? No one...

CPI data are scheduled to be released on February 14, This Week. If CPI is good, We Will Fly! IMO
I'll look at the volume. The global cryptocurrency market cap today is $1.07 Trillion.
I think it's going to be a bull soon. Just keep stacking sats and keep buying.
From the end of February till March, Bitcoin will become $30k. DYOR.

irhact

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

From my understanding, after the halving that's when the cycle starts, the very first year will be a pump in price of Bitcoin so that'll be 2025 and Bitcoin is likely to reach its all time year in that year or early 2026. In the previous bull cycle Bitcoin reached its peak in the next year after halving which was 2021 but in the last two bull cycle, the peak was reach in 2018 which is two years after the 2016 halving.

To be on the safety side, you're good selling around the last quarter of 2025. Then immediately after the bull year, the bear market starts so we should be expecting a bear market between 2026 to 2027 then we begin to see some recovering of the market by the end of 2027 in preparation for the halving happening in 2028.

mv1986

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Quote from: Kelvinid on February 12, 2023, 05:13:32 PM

Honestly, selling our Bitcoin is really good when the price is high or during Bullrun. Many investors hold their Bitcoin until the next ATH in the seek of having a huge profit. But I will tell you that holding can be challenging for us, especially for beginners. However, we can never say that it was impossible because as long as we are very certain about our goal (earning more profit), we are also motivated to do so.

Yes, Bullrun was predicted to happen after halving, yet we can't be sure of that but at least we have an idea that could help us also to think about what we gonna do during that time.

What is a high price for Bitcoin then? It is impossible to describe that in an objective way in my opinion. If you consider an ATH as the highest possible price, you can obviously only know retrospectively whether you selling price was chosen well or not.

If it goes to 100k and you sold at 60k, did you still sell at a high price then? So you either go subjectively about it and define your own price points which you would consider high or doesn't really make sense to talk about a high price in the objective sense.

With all the crises that are going on currently, we might not see ATHs for quite some time anyway. No crystal ball will tell you, yet having a strategy never hurts and having some liquidity available to also be able to catch some downswing momentum and buy cheaper is never bad, too.

Kelvinid

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Honestly, selling our Bitcoin is really good when the price is high or during Bullrun. Many investors hold their Bitcoin until the next ATH in the seek of having a huge profit. But I will tell you that holding can be challenging for us, especially for beginners. However, we can never say that it was impossible because as long as we are very certain about our goal (earning more profit), we are also motivated to do so.

Yes, Bullrun was predicted to happen after halving, yet we can't be sure of that but at least we have an idea that could help us also to think about what we gonna do during that time.

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I'm not sure if someone has already reported this thread to move to trading discussion or not, but it should be worth there. ^{[I have reported it].}

I don't expect bear market during 2023 and 2024, it should be optimistic to expect bull market to come in these two years to 2025. There are good cycles to get positive trends and it's much more important for me to get lots of bitcoins now instead of thinking about bears that market. It's fine if you and some other users have doubts, but I wouldn't sell it now even if correction could be made.

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Quote from: mk4 on February 08, 2023, 09:29:55 PM

No one knows what the best time would be. Because if we knew, we'd all be rich already. Obviously markets don't work that way; and if everyone had a price target of selling and the price target is close to each other, bitcoin would immediately crash from that pricepoint.

This is true, we can only predict but there is no guarantees that it will be the best time to sell as the market condition is never fixed due to its volatility. But I would say that if you want to sell for decent amount of profits, never sell your bitcoin when the price is still starting to surge high. Wait until a new ATH is being reached, that way you will get an assurance that if you want to sell, you’ll likely to get huge profits.

wiss19

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You can sell during the bull run or in its peak. Don't wait for too long after it if you don't want to regret, but I see that you already missed a couple of bull runs. For what reason? Are you busy outside and didn't noticed it coming? Or maybe you are just too greedy and expected for more gains. It's fine to make a one or two mistake but making more than that seems a turned off already. I can't imagine continuing after it but I salute you for not giving up.

You seem to have a good patience. Sadly there is no way to predict the next bear run but it will likely come after the bull run. Bull run don't also last longer than a bear run. I hope these tips help you and change your approach next time, good luck!

Fullcoinese

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

no one will know or predict the cycles that occur in the Bitcoin market. if there was it was a fluke that would make him rich.
the analysis is carried out only based on trends and also cycle charts that have occurred. and it gives an idea of the next market movement. but if you were told by someone about this, would you bet all your money on Bitcoin? I guess you won't do it right? because you certainly have doubts.
sell when you are satisfied with the value. if you dream of getting to the top, no one will ever tell you.

kelechi

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Honestly, I will wait for 5 elliot wave before selling

Dickiy

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

Talking about this, you have to look at your personal needs first, in my opinion, if bitcoin is still on the same cycle, maybe I personally better keep bitcoin for a longer time than take profits as soon as possible because basically I invest in bitcoin for my old age guarantee
That might apply to you too, but if you take a chance on this cycle, maybe the most appropriate advice is to sell when a new ATH is formed and wait for another bear market to take more bitcoins in the next cycle.

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Quote from: Minecache on February 11, 2023, 06:46:32 AM

Quote from: bhooscream on February 09, 2023, 06:33:10 PM

I am not really expecting to reach $100k as what people said so far, but I will expect to meet the higher price of the previous ATH, whatever the amount, but I will start to take profits, but not all in at once sell.

Yes, it's all speculation and expectations of many people, but the $100k target for bitcoin for the next bull season is not so high, I think bitcoin will easily achieve that gain. I also set a sell target at $100k, I won't sell if bitcoin doesn't reach that level, and I'm willing to hold until next bull season. We all want to sell bitcoin at ATH, but no one will be able to guess right unless that person is lucky, so as long as it is profitable, we can sell or set a fixed target.

We don't need to believe too much in other people's speculations, and it is better for us to analyze what is happening with the market while preparing to buy more bitcoins. What will happen later will happen, and when the bullish season comes, we will make a big profit if we already have more bitcoins. Many of us have a target price of $100k or above for selling bitcoins. So we must be patient until the price can increase and reach the target price we want.

Yamifoud

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

Even though the cycle is true but I would say that it never be like before because people do the move first before it happens. We are changing the trend and this will like to change the cycle of the crypto market as well. Sooner or later, we can no longer see the ATH or the bear season but probably all are just normal conditions. What I mean is that the price of Bitcoin will pump in a shorter time and it drop in a shorter time as well.

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Quote from: bhooscream on February 09, 2023, 06:33:10 PM

I am not really expecting to reach $100k as what people said so far, but I will expect to meet the higher price of the previous ATH, whatever the amount, but I will start to take profits, but not all in at once sell.

Yes, it's all speculation and expectations of many people, but the $100k target for bitcoin for the next bull season is not so high, I think bitcoin will easily achieve that gain. I also set a sell target at $100k, I won't sell if bitcoin doesn't reach that level, and I'm willing to hold until next bull season. We all want to sell bitcoin at ATH, but no one will be able to guess right unless that person is lucky, so as long as it is profitable, we can sell or set a fixed target.

Jody.Drummer

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Unless you can see the future then indeed you can say with certainty when it will happen.
Everything that no one knows about it, but indeed in this case as long as you get the profit then do it no matter what happens. It's just that something like that obviously won't be easy to guess because this is not a guess.
Simply put, as long as you make a profit and feel that the profit is sufficient, then go out and wait for another bearish period. but if you are still not satisfied with the profits after being bullish then indeed the thing that needs to be done is to continue to hold back.

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Quote from: AverageGlabella on February 10, 2023, 10:40:06 AM

Quote from: michellee on February 09, 2023, 10:27:33 PM

You should already know a bit about when a bull run will occur because you have experienced several bull runs before so that can give you a clue to get ready to sell your bitcoins at a high price. We all want to sell bitcoin at the next peak but we don't know exactly when the bull run will occur and can only guess. If the price can get past the last ATH price, that is the time to get ready to sell and this will depend on what price you want to sell your bitcoins at. There are those looking to sell at $70k, $80k, $90k, and even $100k so it will be up to you.

I do not think we will reach another ath until the next halving but there is a chance late this year and the beginning of next year because of the hype for the halving but I would not get our hopes up because we are in a economical crisis and people will be more concerned about real life problems unless things get so bad and the interest rates continue to rise and people start looking to make money through their investments we could see a big bull run if that does happen but I think there is a small chance of that happening.

If btc can increase 1.5x from current price I will be happy because I am currently in the red by a lot and while I do not plan on selling until my goal is hit it can get you down seeing the price and your investment in the red all the time.

I'm still waiting while accumulating more bitcoins now and still relaxed in buying bitcoins. And like you, I don't really think the price can increase immediately, especially in the current economic situation but the current situation gives us more opportunities to invest in bitcoin. And I think a lot of people are still trying to buy bitcoins at this point because they think this is a good moment to increase their number of bitcoins.

It's okay if the current bitcoin price is still at the bottom or at a low price because either way, the bitcoin price will start moving to higher prices and eventually reach a peak price. This is also to practice patience in waiting for the price to start moving and preparing our investment to be sold at the peak price later.

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

No one can know what the next peak price will be. You can't predict that. You can however, sell when you are in the green zone. You know what they say... "Nobody went broke taking profits." You may even sell at the bottom of the bear market and depending on when you bought your coins, it might still become a good trade. For example tho who bought their coins when btc was $1000, they are still more than x20 up. They may sell now and still can make a killing even though the price is pretty low from the ath.

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits.

The bull run is when the price of bitcoin does rise significantly, is an excellent moment to sell your holdings. However, there is no requirement that you hold off on selling until then. You can buy or sell whenever you want. Anyone is welcome to purchase or sell in the crypto market whenever they choose.

The price of bitcoin is anticipated to soar throughout the process of halving, which occurs every four years. When that happens, crypto investors do sell their holdings for profits

Quote

I would like to sell before the next bear market to take profits this time.

Although the bear market is still ongoing, it is anticipated that it will end as soon as we begin the bull run by next year.

MoonOfLife

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Quote from: kiddex on February 08, 2023, 06:57:16 PM

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

I believe that even the top technical analysis experts cannot answer your question. If someone could accurately predict the bottom and top of bitcoin, they would never tell you because they have already become a millionaire and have no time for you. Sell bitcoin when you have made a profit, and don't be too greedy trying to find bitcoin's bottom and ceiling.

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Quote from: michellee on February 09, 2023, 10:27:33 PM

You should already know a bit about when a bull run will occur because you have experienced several bull runs before so that can give you a clue to get ready to sell your bitcoins at a high price. We all want to sell bitcoin at the next peak but we don't know exactly when the bull run will occur and can only guess. If the price can get past the last ATH price, that is the time to get ready to sell and this will depend on what price you want to sell your bitcoins at. There are those looking to sell at $70k, $80k, $90k, and even $100k so it will be up to you.

I do not think we will reach another ath until the next halving but there is a chance late this year and the beginning of next year because of the hype for the halving but I would not get our hopes up because we are in a economical crisis and people will be more concerned about real life problems unless things get so bad and the interest rates continue to rise and people start looking to make money through their investments we could see a big bull run if that does happen but I think there is a small chance of that happening.

If btc can increase 1.5x from current price I will be happy because I am currently in the red by a lot and while I do not plan on selling until my goal is hit it can get you down seeing the price and your investment in the red all the time.

Topic: When to sell bitcoin before the next bear market starts? - page 3. (Read 705 times)