Topic: When to sell bitcoin before the next bear market starts? - page 4. (Read 605 times)

Just sell when you're ready. It would be hard to determine the bottom or ceiling of the market price. Likewise with anticipating when will bear and bullish trend start or occur. Therefore, selling at a point wherein you won't regret doing a particular action. You won't be able to get every penny or profit in this industry. The market itself is full of uncertainty and inconsistency. The market could fall or rise depending on the demand basically because it is the only factor which affects the market price. Demand on the other hand is affected by many things which makes it more difficult to create accurate predictions.

What do you rely on to be so sure, or just what do you want it to happen? The market is not so benevolent that it will only increase the price and help those who invest can make a profit. If things were that simple, I don't think anyone would have to lose their investment. We're still in bear season and it's not going away anytime soon.

The most annoying thing is that no one really knows when it's better to sell your Bitcoin. Probably the best thing to come up with is to wait for Bitcoin to reach a new ATH and then sell it.

I think, the price of Bitcoin will definitely hit $80,000 before the end of 2024 for those that purchased early last year and this year to have a potential opportunity to make a huge amount of income from their investments. There is a sign that showed from the beginning of this new year that the price of Bitcoin will really pump this year, and next year to help both long term investors and short term investors to recover from their losses. I believe, this bearish market will soon disappear for bullish market to appear for investors to start selling their coins to achieve what they want to achieve in this season.

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.

Oh! So you've missed the huge opportunity to sell when Btc reached the last ATH?
Well, the bad thing is, nobody knows when will the bear market begins. All of us are going to probably notice it when the market is down by more than 50% from the last highest point Btc reached. So, that's gonna be too late for you to sell then.
Anticipating it will give you a real hard time selling your Btc.
You should set your own target and profit percentage what you think is worth your patience. Definitely that's more than $60k, since you've just missed it, why not wait a little more longer.

no need to worry, you just have to see what price you buy bitcoin, if the price has exceeded the price when you bought it, that's also called profit, but if you want to take bigger profits, you have to be patient until the next bitcoin halving .
because looking for profit is a relative thing, if you are able to be patient, maybe you will make more profit.

You've answered your question, the best time to sell is during the next bull season. If you say you have been through a few bull and bear markets, then I think you are experienced enough to know what to do to make a profit. And if you want to ask about the highest ATH for the upcoming bull season, I think you are not the only one who wants to know, we all want to know. But unfortunately, no one can make predictions about it, not even those who claim to be top experts in the market. We will only know bitcoin's highest ATH, after the bull season is over.

There isn't an accurate answer for that because it depends on you.
You can sell it when it surpasses the $69,000 ATH. You can also sell whenever it reaches the target you once set. You can also do dollar cost averaging, but this time in selling like sell a portion when it reaches this price, and then sell again when it goes higher again.

Saw the 2017-2018 thing where 2017 was the year the crypto are in a bull run, and 2018 was a year of hell. Same thing with 2021-2022, I also didn't sell or took any profits (which is kind of what makes me disappointed because I can still buy in the bear market). I learned from it and will sell when the bull market starts.

If the 4-year cycle will happen again, we might see 2025 as the year where Bitcoin's price will rise up significantly until it goes to a bear market again in 2026.
2024 is the halving, but Bitcoin's price doesn't rise up immediately. It will take months before it happens.

As for your question "Can this be predicted", it can be predicted, but take note that there is a 50% chance that you're prediction might be true or not. I'm not a TA guy, but even those people who are expert in TA can't give you an answer for that because there is no specific time that is considered "good" when you are selling. It all depends to you if you're ok with it. Set some targets, don't ask here and follow that strategy of yours.

No one really knows because if there's one who would be able to know then lots of us would really be that rich already on which we could utilize and able to predict on when the bear starts.It would really be totally

not balance because if people do knows then all would be selling on that particular point which would really be ending up on a complete crash in overall market.There's no way for us to know on what are the things

that could happen on this market.This is why we do keep on speculating and guessing on what would really happen.There's no way to point out the perfect spot of a particular point of time.

It is quite difficult to determine which is the ATH before we are getting out of the bullish era. But for me personally, after getting into some bullish era, I will not expect to have or meet the highest price again. My target is to sell Bitcoin in some steps, but I will also set the price more than the previous ATH because I am sure that Bitcoin will always commonly rise up over the previous ATH. 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.

I guess OP might be somewhat regretting nowadays because he keep on missing opportunities to sell and make profits way back then, that’s why he want a change this time hoping that he could perfectly sell for a huge profits. But the problem is it’s never predictable when is the best time to sell or what particular price we need to sell. As selling is an individual’s choice, so we have to analyze and think of it a hundred times if this is the right time to sell or we just need more DCAing and just decide to sell when we see a new ATH is achieved.

This means that in 2021 you would've sold at 21k or something like that and in 2024 you're planning to sell at 70k. If that's your strategy, you can as well put a sell order right now and forget about it.

If I were you OP, I wouldn't try to catch the top. People who try to hard usually end up making mistakes and regretting it. Buy and focus on the long term. Don't watch the price, check it from time to time, maybe once or twice a week. You'll be healthier, more relaxed and when the pump comes you'll have months to decide if and when you're going to sell. A bull market is not going to end in a week.

In the trading world, you will see two types of traders, one type of trader will always say to hold, and the other will always say  buy low and sell high. The main objective of both is to earn profit by buying low and selling high.
And now coming to the main point, no one can predict when the price of Bitcoin will touch its all-time high and when or if it should be sold.  So I think one should take such a strategy that you want to make a certain amount of profit at that particular time. So I would suggest you to set a certain amount and decide that you will sell your bitcoins in that strategy. And I say this because Bitcoin could surpass its last ath high at the next halving

Mapping out the good entries on bitcoin during the bear market involved good profits when the bull season finally comes. These two seasons don't last for too long, presently the dump period have been in duration over the past months and the market planning to retest back to bull season would be a little challenging for the project since there are red long candles everywhere on the chart. Currently, I'm in possession of some of pieces of bitcoin and waiting patiently for the bull season to come so I could make profits from it. Our ultimate goal in the space is to grow our portfolio into gigantic one and been stable in profitable results.

We always anticipate when is the best time to sell but actually, no can can predict when it’s going to happen or what price will we have to sell as bitcoin price just eventually drops when we are thinking the right time to sell. But if we really want to sell for profits, I guess it’s not that hard as long as we can place a sell order the moment the price just starting to surge high, but at least expect just a slight amount of profits.

Well, you could always have a stop loss, that way you would be selling whenever it drops and you would get out before the bear hits a low. I do not support doing that right now, it just doesn't make any sense at all, but if you could do that then you should, it would give you a chance to avoid going low in your funds.

I personally will hold, I am a long term holder and that's what I like to do, but that doesn't mean that I would be going against people who uses stop loss. If you could do like 10% lower from your purchasing power, then you would be able to get out with just 10% loss and recover from there if you can, it is a sound strategy that many people use.

All time high I believe? But there is no way to know when we are at the top ATH, it was like how many people are waiting for 100k bitcoin in the last bull market and they got rekt, my advice is, do not be greedy, take profits when Bitcoin is way over the top, I don't expect anything more than a 100k per Bitcoin in 2025 but I am sure that many will want 250k per bitcoin. Have a strategy in place, know when to take profit.

If bitcoin goes into another bull run, that will be the best time to sell bitcoins because the price will surely reach a peak. You have to be able to find when the price peak occurred and only by analyzing the movement can you find it. But no one will know when the peak price will occur and we can only sell bitcoins at the price we want.

And as long as it's the highest price and has exceeded the last ATH price, it seems okay if you sell at that time. That's because you can already see how much your profit will be if you sell it at that time. And we'll never know if 2024 is the year bitcoin gets another bull run.

There is no way to predict that with accuracy. If you posted this topic in the trading discussion subforum, you might find better answers from people who did the technical analysis and can give you a picture with their own ideas.

But if you ask me, I think you will regret selling Bitcoin. Just like the people who sold Bitcoin in the past. They all regretted not waiting for the price to go higher and they never thought Bitcoin could go into the 5 figure area.

If you truly understand the potential of Bitcoin, you would hodl and sit tight.