Topic: When to sell bitcoin before the next bear market starts? - page 5. (Read 700 times)

People are free when bullruns enter the market because they already have their own targets to do so, but I wonder why you miss the after few bullruns and want to sell on the next bullrun? Every profit must be taken because it is one that bitcoin holders are looking for, on the other hand we are not predictors who know when a bullrun will come even though the halving will come in the following year, obviously you have to judge how high the bitcoin price will be later will sell it.

Looking at the history of the previous cycle, it always happened, but we didn't know about the start of a bear market, and all of that can indeed be predicted with analytical techniques, it's just that sometimes nothing is always right, even though the experts do it.
If you want to sell bitcoin at a higher price, then wait for ATH to return again and make sure you are ready to sell with the bitcoin you have.

You're acting like someone is only interesting in a hit track, bitcoin should not be a some form of quick earn money except that's your priorities but if you ask me there is not set time to sell, weather bull or bears all your need is right strategics, remembering some people gains more when is bearing while when is bulling, you can't actually predict what the future holds.

What if tomorrow Bitcoin rise to some limits and you sell after a while bitcoin a long term bulling to the amazement of the person you sold to, there is no proper time to than when is best for you individualistic.

Some people have lost their investment, profits all in the name of trying to outsmart the system, so let's watch from this 2023 to 2024 what will come of it but I believed it will definitely surpass our expectations.

For me, the best time for people who want to sell a Bitcoin is when the profit is already earned by them. Maybe that's the good thing about us not knowing when the market will increase and when it's time for the market to decline.

You can see for yourself how the chart conditions this week since the 3rd Bitcoin price of $24K have continued to decline until now at a price of $22,703.27. Whether it will continue to decline or will turn into an increase we cannot answer yes or no. Maybe we will release some of it in 1 or 2 years.

I want to believe just like you have gone through a couple of Bull market circles and you didn't sell because you didn't think you have to which was wholly your decision, I believe this too will be decided by you alone cos it is your investment. Investors should have a target as has been always clam, you know if your investment is for the long term or a short time and at what percentage of profit, this should all be your own decision, just imagine someone advice you to sell when BTCitcoin hits $100k which you did and it eventually went to $150k ATH 

Instead of trying to do something in which you will obviously fail, I would suggest that you set an exit price for yourself and that at the moment of reaching that price, you simply sell what you want to sell. No one will be able to predict with certainty what the maximum price of the next bull run will be, and everything will again come down to speculation and various plans and charts, which in most cases will not be accurate. If you wait, you will miss the train again and you will wait at least 4 years for a new opportunity.

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The problem is that most people don't see Bitcoin as a currency, and we can't blame them too much for that, considering that public opinion has been shaped to the point that people have simply taken it for granted. Let's just remember Mr. Mars and his statements about how BTC transactions have a harmful effect on the environment, or how Saylor accumulates BTC without showing that he is using it in a way that would be right.

I agree that there will be more and more ways to use Bitcoin as a currency, although for those who currently have nowhere to spend it, all that remains is to convert it to fiat.

It depends on the country you live in, if you live in a country bitcoin is not legal and not considered as a payment method, then you will not be able to use bitcoin. Another thing is that even if you are in a place where you can use bitcoin to pay for your daily needs, they still rely on the value of fiat currency for payment.

As long as fiat remains the main currency of the world and remains the measure of value, we will never be able to comfortably use bitcoin for daily payments, the value of bitcoin will forever be measured in fiat.

Using Bitcoin for everyday purchases can be a pain the ass because of taxation. The regulations need to be adjusted and softened, but that would only happen if authorities really want Bitcoin to be further adopted.

Perfectly timing bear or bull markets is impossible. You can always have exogenous events that have nothing to do with cycles. When the pandemic started Bitcoin crashed from 10k to 5k and I am pretty sure that nobody would have guessed that exactly one year later Bitcoin was going to be at 55k. There are many things you can't predict. There might be political, financial, social events etc. that can have an impact on the price yet nobody can anticipate them.

A long-term approach to holding Bitcoin is the safest bet in my opinion. If you think that Bitcoin has potential and will go up in the long run, don't try to time the market and specifically catch bear or bull turnarounds. You won't be successful and if you are, keep in mind it was probably luck.

I would always say that the best time to sell is when you sell for profits, most likely when bitcoin price hits its new ATH. Otherwise, you will only lost the essence of investing and profiting if you hold your coins forever, by not taking any chances to sell. However, if ask if the perfect price to sell can be predicted, of course it’s not going to happen knowing the market itself is highly volatile, one day the price surges high, the next day it’s price is suddenly dropping due to some factors that affect the condition of the market. So it’s better to take time to sell if you think you’ll gain some decent amount of profits.

When it comes to selling your Bitcoin before the next bear market starts, there are a few key steps you should take. First, determine what your goals are for trading and invest in Bitcoin. Do you want to hold onto short-term gains or use them as a long-term investment? These considerations will all affect when is the best time for you to sell.

Second, study trends and patterns in the cryptocurrency market carefully, including volume, history of prices dips/peaks, past bear markets and other factors that could influence when you should sell. Keeping an eye on news about developments in the blockchain industry can also help inform your decision about whether now is a good time for selling off your digital assets.

Thirdly consider alternative ways of mitigating risk from volatility such as hedging with options contracts or other derivatives products. This can be an effective strategy if used correctly as it allows investors to buy protection against losses at certain points while still keeping their crypto position intact so they can potentially benefit from any rises in coin prices too.

Remember too that timing isn’t everything - understanding market dynamics is more important than trying to predict when each individual sale will occur: timing needs to happen right but it won’t guarantee success; careful research into different coins before investing and caution during periods of rising/falling prices will help give you better chances of avoiding serious losses during a bear market period.

you wanna zoom way out to your monthly timeframe and watch the RSI hit the overbought line and if you see it is overbought. that's a good sign to sell your coins.

the last bull run, the RSI hit 90.99 around March 2021.  the market, however, is unpredictable the price spike higher on Nov 2021 but the RSI is still correct, it is a good indicator for this purpose.

Why do you have to ask when is the right time to sell? the investment you make is your own responsibility and you must determine where the target must be achieved. If you still depend on other people's decisions, it will not be good.
you consciously say that you need help with someone else's TA, why don't you start learning how to do TA so that you have a trading knowledge foundation?
Easily I can only say, Buy when the price is cheap and sell when the price is high, very simple. Profits depend on where you will cut profits.

Never! Because bitcoin is money and you don't sell money, you use it. That's what you should do with bitcoin too. When price goes up, instead of trying to "dump" it to get your fiat and and then use the fiat you can instead use bitcoin to pay for stuff you need. The adoption has been growing and will continue grow so you will have a lot of options for when you want to spend your bitcoins.

The point is that a bear market will always come when the bull run ends, but no one knows for sure when the next bear market will occur even though we are used to these events in the crypto market, but sometimes history that happened in the past doesn't repeat itself in the future, especially now the crypto market is different from before, maybe what we can do to anticipate a bear market is to sell our bitcoins when the price reaches the ATH level because every time we see that when bitcoin is able to make ATH, after that there will be a significant price drop due to simultaneous sales .

Man, if this things were predictable, or easy to predict, everybody in crypto would be super and stinkingly rich, as we all would know when exactly to buy, how long to hold it, and when to sell, take profit, and when to re-buy again.
If the above was how bitcoin and crypto in general operate, everybody would make money, but crypto wouldnt be so interesting after all, but unfortunately, this is not how crypto operates, and i can tell you that what you are enquiring to know is not predictable, who ever tells you otherwise is only guessing and as well as lying to you.

My advice is that, you should just keep holding and wait for the next bull season, when the bull market starts, decide what price is ok (don't be over greedy) for you and sell at that price, take your profit, and wait to re-buy again when the price comes down.

That is a psychological barrier where people are going to sell. Compared to previous high breaks, I would expect no less than three clear approaches before breaking definitively upwards.


In general, when you keep hearing about bitcoin in the news, when people on the forum keep making increasingly exaggerated predictions about how fast we will reach a million or more, when you hear your neighbourhood fool say he has taken a loan to buy bitcoins. That will be the best time to sell. I wouldn't sell everything, though. You can sell 80% and keep the other 20.

Since many people are predict the next bull run Bitcoin price will hit at least $100,000 it means just sell your Bitcoin at that price, it may not the highest price, but you're still make profit and you can have a choice to wait until the bear market to buy Bitcoin at the cheap price. Your prediction, analysis and speculation wouldn't always will be true like the realization because the world isn't always in your side and you need to learn how to maximize it, not to become 100% perfect.

outside of the retail(spot) market.. is the wholesale market. and economics of world costs which set the window of possible speculation of the retail(spot)


in 2021. the cheapest mining on the planet and cheapest way to acquire bitcoin was about $10k meaning no one wanted to sell below $10k in 2021
the most costly mining on the planet was about $75k in 2021

this is why the retail market swung in a range within this..
it didnt go below 10k and didnt go above $75k
(actual prices was the $30k-$70k speculation within the window limit of wholesale maxis)

this is becasue no one on the planet is left able to mine and sell for less than $10k nor no one wants to buy for more then $75k if they can mine for less

so the spot market hits its tops and bottoms within that range.. in short there was no hope of a $100k btc in 2021

no once can prredict what the prices will be at any given top within the window..  and if it will go upto limit or down to limit. but atleast knowing the outside of market limit sets a range of speculation within

2022 was a $15k-$90k wholesale market window limit. and the prices only reached 16k-50k in the retail market

jan 2023 is about a near 17k-95k window limit of possibility

anyone thinking it can jump to $300k is fooling themselves right now i would say 95k is is the current possible tops of the market

where even buyers in hawaii/japan(expensive mining cost on planet) would be reluctant to buy becasue even they can acquire coin cheap via mining at that 95k point

unless mining costs went up by 2x-3x this year dont expect a $300k coin.. dont wait or plan on only selling at over $100k

but like everyone knows
no one knows if the market will top out at 30k 50k 70k or 90k as the price may not even reach the window limits of actual possible speculation

but you can tell there is no demand or desire of say a $1k sell of bitcoin or a $300k buy of bitcoin

If you believe in the 4-year cycle and think it is the single most important factor for Bitcoin’s price as I do, then you should probably be thinking about selling sometime in Q3 of 2025. While the news cycle seems to control the daily price movements, the 4-year cycle is what controls the price for real. I stay away from trading tiny movements from the news cycle. Others should as well.

You mean you want to sell bitcoin at the highest price? No one will know what the high will be in the next bull season, even if you ask the best expert. You need to have a plan and goal for your investment, not necessarily to sell at the highest price, but to sell when you have enough profit as you want. For example, my goal will sell my bitcoin for 100k, just bitcoin reach 100k, I will sell it even if it has a chance to increase more. Sell when there is enough profit, don't set the target too high, or it will only disappoint you.

if the cycle true bitcoin will reach new ath around 2025 a year after bitcoin halving or less than that, i don't know if the bear market already finished or we already at bottom but 2023 and 2024 there is always the case that bitcoin will reach mini bull.

and when you think is enough to take profit just take profit a half or a quarter just take profit a little bit so when the sometimes gone wrong you had feeling relief after take profit a little bit