WHEN we should sell BTC after halving as a LONG-TERM invest? - page 2.

angell134

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Quote from: okala on March 03, 2020, 12:01:49 PM

I have come across many predictions on Facebook, Twitter, reddit and tradingview on bitcoin heading towards $100,000 after halving and to some extent i do agree with them. When we should sell bitcoin should be when we think it is OK for us and we are in profits.

One million dollars is a big figure for Bitcoin's current position
But it can be over $ 20,000 this year.
I would like to see opinion of people about the highest bitcoin price this year

okala

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I have come across many predictions on Facebook, Twitter, reddit and tradingview on bitcoin heading towards $100,000 after halving and to some extent i do agree with them. When we should sell bitcoin should be when we think it is OK for us and we are in profits.

Wexnident

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Exit when you want to. Sides, a crash of everyone exiting the market should be seen quite clearly within a few hrs, so at the very least, you wouldn't be left at exiting the market at the lowest possible price. Still, an exit of next year if price reaches around $15-$16k seems quite nice. A possibility of exceeding past $20k is possible, but with how most mindsets are at exiting at a point where they'd profit well enough, $15k seems quite tempting. There's also the fact that greed doesn't seem to be a factor here anymore. Why? you just held the coins for a few years and well, profiting off of doing that seems quite fine already for me, no matter how small/big it is.

el kaka22

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I would say after 2 years is long enough time that everything will be in effect. Sure you do not have to wait for 2 years and you can sell whenever you feel like it peaked but the most I think we could wait is 2 years, after that it shouldn't really be affecting the price any longer and should have diminishing results.

Price could still go up or down after 2 years and in 5-10 years it could still be going up but if there is any movement that would be all of its own and not related to halving at all after 2 years, however inside the two year mark any movement could be attributed to halving. The peak will probably happen at 1 year mark tho, between 12 to 18 months there will be a HUGE increase since all the tank of miners will be depleted and they will be purely making profits from the coins they mine and not previously mined ones.

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Quote from: Upgrade00 on February 29, 2020, 12:20:24 PM

Quote from: schuriken on February 29, 2020, 09:21:14 AM

the main question also remains that which price is best to sell btc after halving!

It depends on how long you plan on holding for after the halving. The current all time high was reached during the last quarter of 2017 which was over a year after the most recent halving. It is impossible to pick a best price to sell at after the halving as no one knows what the value would be after. I predict that the effect of the halving would kick in sometime during 2021.

Or how much is his target price for selling? If we enter an investment or buy Bitcoin as a long term investment, there are some factors to consider, two of which is the time frame we are holding this Bitcoin investment and the target selling price. Thus to the question of OP, I will answer it with another question. @OP how much profit are you willing to sell your holdings? And are you willing to wait until your price target is met?

Oasisman

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Quote from: Reatim on March 02, 2020, 11:39:11 PM

Quote from: schuriken on February 29, 2020, 09:21:14 AM

the main question also remains that which price is best to sell btc after halving!

there is no specific because we have our own prerogative in life,some are contented even 10% profit while others look for much higher,just be your self and don't be greedy for you not to be a victim of dumping again.

This is correct. Though what the OP was trying to point out was, everytime Bitcoin break resistance level or take a small leap, let's say a thousand or couple of dollars, people will start selling on this level. He couldn't make decisions for himself when to sell and this is what happens when you invested without setting a realistic target price range.
Making decisions when to sell is always the challenge for the long term hodler, and being contented and not being too greedy is the key to gain profit, or shall I say slowly but surely.

BlackFor3st

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Quote from: schuriken on February 29, 2020, 09:21:14 AM

most people believe that after halving btc price will go up to near 20k but most important question is WHEN and whats that road looks like. imagine after btc go to 16k or 17k so many people will sell btc in that price so price will dump unless Whales of btc push buy in markets . in the other hand we have so many good fundamental for growing btc price and developing blockchains all around the world.
the main question also remains that which price is best to sell btc after halving!

If you are investing especially in a long term one, selling in the right time is your best ace in order to obtain a great profit but the big question that lies in your mind right now is when?

Here is the best solution for your question. First before you buy it will be best if you have idea what will be the market condition in the following months or years then you need to set a selling price so you will dispose your investment after it will hit your selling option.

Because if you will just listen to all the predictions and fuds that are spreading everywhere then you will be left hanging while waiting for that amount. Prediction is not appropriate and you also knows that if you are an investor. So if I were you, just play safe and create a target selling price that is not so high for example 18-20k target price this year for bitcoin.

Reatim

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Quote from: schuriken on February 29, 2020, 09:21:14 AM

most people believe that after halving btc price will go up to near 20k but most important question is WHEN and whats that road looks like. imagine after btc go to 16k or 17k so many people will sell btc in that price so price will dump

we cannot blame other holder to desperately sell at that margin because they have waited long enough so the need to sell out and taste profit will always there but for me?i will wait even more because fore sure the effect will not happen that soon instead will take before end year or at least early in the following year.

Quote from: schuriken on February 29, 2020, 09:21:14 AM

the main question also remains that which price is best to sell btc after halving!

there is no specific because we have our own prerogative in life,some are contented even 10% profit while others look for much higher,just be your self and don't be greedy for you not to be a victim of dumping again.

TimeTeller

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Quote from: Baoo on March 02, 2020, 05:37:00 PM

It is depending on how much bitcoin will rise and how patient you are. But in my opinion, it is better to sell ( not all your budget ) when Bitcoin's price will reach to $ 30K or 40k and you should know it is that easy to get what you expect and want, the surprises are always occur, so possibly after the halving Bitoin's price will disappoint you, treat yourself on accepting any bad incident, life is always unpredictable not just Bitcoin.

Buying or selling bitcoin depends entirely on the crypto user.
It depends on his current needs and priorities.
So each one of us, can't exactly tell when to sell our portfolio.
But of course, should always be higher than the price of how much you bought it to gain profit.
After all, our trading motto is buy low, sell high.

Baoo

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It is depending on how much bitcoin will rise and how patient you are. But in my opinion, it is better to sell ( not all your budget ) when Bitcoin's price will reach to $ 30K or 40k and you should know it is that easy to get what you expect and want, the surprises are always occur, so possibly after the halving Bitoin's price will disappoint you, treat yourself on accepting any bad incident, life is always unpredictable not just Bitcoin.

Pamadar

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Quote from: eaLiTy on March 01, 2020, 10:41:24 AM

Quote from: schuriken on February 29, 2020, 09:21:14 AM

the main question also remains that which price is best to sell btc after halving!

Only you can answer this clearly, it depends upon a variety of factors that include you initial investment, how long you are planning to hold the coin and the most important fact is the market situation and the financial situation. To expect the market to soar after halving is just not ludicrous considering the past rallies we had after halving, this time around i am not expecting a huge rally like we used to see in the past but we will have a much better valuation around the all time high valuation.

Most of us agree that everything will be depends from each factors that influenced your holdings, it's you who can drive your profitable investment to its maximum capabilities, as long as you have the right pattern to follow and you set up plans in order to make things profitable to your investment, the right time will depends from how your perceptions and outlook be like after the halving take place.

Febo

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Quote from: schuriken on February 29, 2020, 01:44:09 PM

Quote from: Febo on February 29, 2020, 12:28:28 PM

Sell price should be over $100k and not before end of 2021 or as it all looks like in 2022 or even a year latter. Price of Bitcoin will not go over $20000 in 2020.

100k!!!whats your reason and view for that price?and i think after halving we going to have a big dump for btc!

My reasoning is just previous prices. So repeat of what already happened in past. Halving is only few months from now. There is no reason why not to see huge Bitcoin price depreciation. We could also have recession soon after. But that dont change that 2023 is two years away.

bitbunnny

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There is no answer to that, it depends on personal judgement of every user itself. It depends how much you invested, what are your goals and.plans, how much did you earn, how much did you lose etc. Anyway, no.one can't decide instead of you when and if at all to sell your coins.
Also, at this moment is still very hard to say what exactly halving brings us and how the price will move after that. The best thing is to watch the market and then make decision accordingly.

Latviand

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There's no such thing as right point to sell your Bitcoin because it only depends on the investors's mindset and satisfaction. If the investor feels selling at this point, he is free to do so, because that is his money. If he decided not to riak, then that is just fine. Let us cut the idea that people should always wait for the right time, because there is no right time. It is just those who would be patient has the higher tendency to earn bigger profit but that would cost time ofcourse and some people cannot afford lending such period in order to earn profit.

Also, there is no hundred percent assurance that the market price would immediately go upward after the halving because it would still depend on the market situation whether to behave upward or not. Those expectations that the price will reach twice its all time high before are just mere opinion, and the bottomline is the lack of certainty.

thisnewcoin

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Don't just hold your bitcoin rather do play buy and sell the game! It means when you see Bitcoin price gained enough, sell them, as Bitcoin is volatile, so, you can be the sure price will come to down again, so, buy at low! No one is sure what exact price will come to Bitcoin after the halving, so better you pick a selling price on your own. Personally, I will sell at 14-15K USD, or even lower!

Viscore

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The question is quite confusing, the thing is, we don't sell at a certain period, we sell looking at the price if that already hits our target, so we should be more focusing on that. After the halving, there is no guarantee that the price will rise but of course we are hoping there's a rise but talking about long term investment, that still requires some specific target like x10 or x100 growth of your investment.

bL4nkcode

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Quote from: schuriken on February 29, 2020, 09:21:14 AM

but most important question is WHEN and whats that road looks like.

Simply put it on your mind that you're in profit, whether you didnt sell on the ATH as long as you profit and benefits a lots more than a 100% then its still a good move. Those ideas getting stock for waiting to get much better profit ends up holding again, probably they just missed the price into ATH or the price is already dumping so they need to hold again.

exstasie

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Quote from: schuriken on February 29, 2020, 09:21:14 AM

most people believe that after halving btc price will go up to near 20k but most important question is WHEN and whats that road looks like. imagine after btc go to 16k or 17k so many people will sell btc in that price so price will dump unless Whales of btc push buy in markets . in the other hand we have so many good fundamental for growing btc price and developing blockchains all around the world.
the main question also remains that which price is best to sell btc after halving!

Assuming the market is rising, it makes sense to sell BTC before the halving. The market will be anticipating a "buy the rumor sell the news" situation, so like the 2016 halving (or Litecoin's recent halving) it will dump beforehand.

This is probably a good guess:

Quote from: dmwardjr on February 18, 2020, 02:22:08 PM

schuriken

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Quote from: Free1bitco.in on March 01, 2020, 12:37:07 PM

we all target the highest price after halving. if you feel you have benefited, you can sell it. maybe a suitable price is a range of $ 15k more. however, it all depends on the beginning you buy bitcoin or when you have it. Well, I suggest selling above $ 15k.

that depends on your definition on benefit . i personally think bitcoin can provide 100-200k benefit in 2 years maybe and i will not sell it until i gain a good profit from it.waiting in crypto market is so important i believe

schuriken

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Quote from: STT on March 01, 2020, 10:24:35 AM

Even when it gets to 20k I dont think it'll be most and it doesn't have to be to tip the price, we only need to see the balance change so that sellers outweigh buyers and obviously as the price goes higher the possibility that people stop buying or reduce greatly does occur hence its more like a see-saw then a weighing scales and we can shift about quite dramatically.
The only real thing to count is population of users for BTC rising then between them the differences are much smaller, only 0.01 in a wallet when its many millions begins to have great effect. 0.01 when I first used BTC was thrown away almost like copper change.

yes,i remember one of my friends used 3 bitcoin to just buy a digital book in internet, Cheesy

just compare now from 2 years ago u will see so many people now know bitcoin and blockchain technology so i think in time we go forward thats going to help a lot for bitcoin price to grow.

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