When will you sell...next bull run? - page 4.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: dunfida on August 14, 2023, 05:59:36 PM

But we cant really deny that there would be those people who would really be altering out their emotions and decisions which would lead into selling their stash, its not bad to sell a portion of it but there would be those people who would really be selling on all-in specially if it do able to hit up that particular target or goal price that they've been longing for it to hit. So it would really vary but on the things you've said then i do definitely see the same and would really be holding Bitcoin no matter what, there might be some exemptions or cases on slicing up those coins to be converted but not really totally selling it all.

Its true that it did really give out that kind of confidence and independence in speaking about your own money which its never been ideal nor worth to be in fiat form. Somewhat there would be always those people
who do like to play safe or something that would be minding about the risks. Well yeah, it is always been that present and you cant blame out other people on why they had made out such decision
because of those inputs or insights that they do have.

Are we really going to rely on possible actions of unknown random individuals? There will always be people willing to sell, but my idea of life is going against the current, not with it. For this reason when we were really deep in a bear market I was buying. Because of that when people tell me to sell, because I should take profits, I will not. I don't need to "take profits" my way of life is to live with bitcoin, not use it as a tool to get more fiat and be happy that I somehow cheated the system. I bet that people who were selling at $100 were in this mindset, thinking they're gods of trading because they made 100x.

Is playing it safe actually getting fiat, or maybe holding bitcoin and avoiding fiat money is? Think about it.

HONDACD125

sr. member

Activity: 336

Merit: 292

20BET - Premium Casino & Sportsbook

Quote from: ?? on ??

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

You are right that everyone has their own strategy and everyone sets their own selling target. Many people like you have a target of $100k where they want to sell. I also think that when Bitcoin price exceeds $70k, many people will sell their assets. Those who bought low will definitely try to exit the market around $70k, but there are people who bought over $50k and will definitely wait for a move up. However, I think everyone who bought at the price will judge their price profit and try to exit the market. Not everyone is necessarily planning to sell Bitcoin after it reaches $100k.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: ?? on ??

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

You need to set that target and focus with how you understand the business, buy as much as you can and hold while waiting for
the strong bull run to come up and pump the market.

You will earn the compensation that you desire to have if you will manage to keep your trust with the asset/s that you are holding.

Your aim amount depends on how you project your set target and once you already achieved better to sell it with an open arm benefit.

STT

legendary

Activity: 4102

Merit: 1454

Paper money is fungible by order of massive governments, that point would be hard to beat even in the deserts of Africa or similar they usually would be willing to handle plain cash rather then more awkward methods of exchange. I did see the point made that some keep their wealth mostly in commodities like someone with acres of banana plantations privately raised may have little cash but should not be considered poor while able to market that resource. Both stores of value have advantage much like BTC will do in its own dynamic, the Dollar in theory is supposed to be more stable then others but we know its lost so much of its value.

The BTC price recently is keeping much of its June gains, its still got 62% of its gain so long as pricing stays above the recent lows of about 28.9k. So no bull just holding steady.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: fzkto on August 15, 2023, 11:22:40 AM

I think it is a mistake to say that holding fiat is useless. The market has cycles, and even if you don't sell at the very top, you will still have the opportunity to buy more bitcoins in a few years. If you never sell bitcoin, it means not taking advantage of opportunities. Sometimes the risk does the favour.

Fiat becomes useless to those who live deep in the jungle without having access to spend anything with it. Fiat is of course useful both as a means of payment and as a store of value asset, but everyone can choose which one is best based on their own plans and risk tolerance.

Besides, not everyone will choose bitcoin, which in fact has a different volatility and level of risk compared to other investment assets. Ultimately it all depends on who you are, what your plans are, what your risk tolerance is and so on. Bitcoin was not created to kill fiat, but bitcoin is an alternative solution if you have difficulty making financial transactions via banks and other centralized services.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Currently there are various things that are happening in the crypto market, starting from the predictions & speculations that we see right now, maybe it will continue until the meeting point, so many people say that's what I said at that time, you really do it and get profit in the bitcoins you have.

For this question.

Quote from: Sim_card on July 13, 2023, 01:46:21 AM

1. What price do you think that bitcoin will hit in the next ATH.

maybe I don't want to make assumptions, but we can all see ATH that has happened once every 4 years, there are constant changes, there are always improvements to Bitcoin, I'm sure that among the speculations circulating here and outside, one is definitely on target for next ATH.

Quote from: Sim_card on July 13, 2023, 01:46:21 AM

2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.

No, maybe for me to be patient, not at this time to sell it, let Bitcoin be the reason for future success.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Quote from: Frankolala on August 15, 2023, 07:23:09 AM

Quote from: DeathAngel on August 06, 2023, 04:07:54 PM

Firstly it’s important to never & I mean never, ever sell all your bitcoin. You don’t want to get left holding a bag of stinking fiat. Bitcoin is still very volatile but that can be used to your advantage. Sell some when everybody is getting FOMO & bitcoin is on mainstream news, everybody is excited. Then buy when people are depressed & the consensus is really negative

Exactly,selling all your bitcoin during the bull run is not advisable because you might not be able to get that exact amount of bitcoin that you have initially before selling. This is one of the reason that makes it not a wise decision.

Another thing is that it is useless to hold Fiat than bitcoin. Though,one might plan to sell all his investment and buy back at the dip but we wouldn't know the unforseen circumstances that will occur after selling all our bitcoin that will make it impossible for you to buy back as planned and you will start all over from the scratch and it will cause one to regret about his actions.

I think it is a mistake to say that holding fiat is useless. The market has cycles, and even if you don't sell at the very top, you will still have the opportunity to buy more bitcoins in a few years. If you never sell bitcoin, it means not taking advantage of opportunities. Sometimes the risk does the favour.

Xcode7

sr. member

Activity: 1148

Merit: 432

Quote from: Frankolala on August 15, 2023, 07:23:09 AM

Quote from: DeathAngel on August 06, 2023, 04:07:54 PM

Firstly it’s important to never & I mean never, ever sell all your bitcoin. You don’t want to get left holding a bag of stinking fiat. Bitcoin is still very volatile but that can be used to your advantage. Sell some when everybody is getting FOMO & bitcoin is on mainstream news, everybody is excited. Then buy when people are depressed & the consensus is really negative

Exactly,selling all your bitcoin during the bull run is not advisable because you might not be able to get that exact amount of bitcoin that you have initially before selling. This is one of the reason that makes it not a wise decision.

Another thing is that it is useless to hold Fiat than bitcoin. Though,one might plan to sell all his investment and buy back at the dip but we wouldn't know the unforseen circumstances that will occur after selling all our bitcoin that will make it impossible for you to buy back as planned and you will start all over from the scratch and it will cause one to regret about his actions.

Everything will return to the initial planning, Bitcoin is an investment and of course the investment you are looking for is profit so everyone has a different target, regardless of that person there will be regrets or not in the future but I think in terms of selling Bitcoin we have a target each.
So far I think there will be a lot of bull runs that we will see in the future, so I myself am quite relaxed about this.

Frankolala

hero member

Activity: 896

Merit: 586

Leading Crypto Sports Betting & Casino Platform

Quote from: DeathAngel on August 06, 2023, 04:07:54 PM

Firstly it’s important to never & I mean never, ever sell all your bitcoin. You don’t want to get left holding a bag of stinking fiat. Bitcoin is still very volatile but that can be used to your advantage. Sell some when everybody is getting FOMO & bitcoin is on mainstream news, everybody is excited. Then buy when people are depressed & the consensus is really negative

Exactly,selling all your bitcoin during the bull run is not advisable because you might not be able to get that exact amount of bitcoin that you have initially before selling. This is one of the reason that makes it not a wise decision.

Another thing is that it is useless to hold Fiat than bitcoin. Though,one might plan to sell all his investment and buy back at the dip but we wouldn't know the unforseen circumstances that will occur after selling all our bitcoin that will make it impossible for you to buy back as planned and you will start all over from the scratch and it will cause one to regret about his actions.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: Sim_card on July 13, 2023, 01:46:21 AM

As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.

actually this has been tackled how many times since after bullrun in 2021 so the answers has been given there are even many Polls that runs into this topic.

But answering your question from my point? this will never go below 100k at least till 2025 comes.

Quote

2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.

Once bitcoin reached that 6 digits , i am planning to sell out but will wait till it drops at least 80-90k and will buy everything again to increase the amount of bitcoin in my holding.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: coolcoinz on August 14, 2023, 02:43:50 PM

Quote from: JimboToronto on August 14, 2023, 01:07:05 PM

The time to sell is when you absolutely must.

The amount to sell is the absolute minimum.

I love it, but let me elaborate, for the people who don't know why they should follow your advice.
There's literally no better way to store your money than in bitcoin.

Someone might think we're all here to sell, but it isn't true. We are here to save up because no other thing in the world allows us to do so. All properties generate cost. All fiat currencies are destroyed by central banks that print like crazy and blame inflation on global warming and war in Ukraine (just watch Powell in Congress). Gold is hard to store, hard to keep safe, paper gold doesn't count as it's not the real thing.
If you have a few million in savings, you're fucked and you are going to be fucked by governments and banks until you find a way to cut them from your money. That's what bitcoin offers you.

The best answer should be never. I will spend some on the things I need along the way, but I will always remain a bitcoiner, even if it goes to a million dollars.

But we cant really deny that there would be those people who would really be altering out their emotions and decisions which would lead into selling their stash, its not bad to sell a portion of it but there would be those people who would really be selling on all-in specially if it do able to hit up that particular target or goal price that they've been longing for it to hit. So it would really vary but on the things you've said then i do definitely see the same and would really be holding Bitcoin no matter what, there might be some exemptions or cases on slicing up those coins to be converted but not really totally selling it all.

Its true that it did really give out that kind of confidence and independence in speaking about your own money which its never been ideal nor worth to be in fiat form. Somewhat there would be always those people
who do like to play safe or something that would be minding about the risks. Well yeah, it is always been that present and you cant blame out other people on why they had made out such decision
because of those inputs or insights that they do have.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: JimboToronto on August 14, 2023, 01:07:05 PM

The time to sell is when you absolutely must.

The amount to sell is the absolute minimum.

I love it, but let me elaborate, for the people who don't know why they should follow your advice.
There's literally no better way to store your money than in bitcoin.

Someone might think we're all here to sell, but it isn't true. We are here to save up because no other thing in the world allows us to do so. All properties generate cost. All fiat currencies are destroyed by central banks that print like crazy and blame inflation on global warming and war in Ukraine (just watch Powell in Congress). Gold is hard to store, hard to keep safe, paper gold doesn't count as it's not the real thing.
If you have a few million in savings, you're fucked and you are going to be fucked by governments and banks until you find a way to cut them from your money. That's what bitcoin offers you.

The best answer should be never. I will spend some on the things I need along the way, but I will always remain a bitcoiner, even if it goes to a million dollars.

ololajulo

sr. member

Activity: 2240

Merit: 270

SOL.BIOKRIPT.COM

Each bull market brings unexpected twists, making it prudent to select a selling point strategically. Holding onto Bitcoin throughout every bullish cycle has proven less wise, as it often leads to holding even when prices decline. Those who can navigate this well manage to accumulate more Bitcoin, occasionally tripling their initial holdings.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

The time to sell is when you absolutely must.

The amount to sell is the absolute minimum.

Vaskiy

legendary

Activity: 2688

Merit: 1106

DGbet.fun - Crypto Sportsbook

My spending of bitcoin is very minimal as I don't have much on the wallet. People are more keen about the next bull run. To my understanding the bull run won't start now itself. Now the price is little bouncy and the same could help the person get into traveling and trading. Whenever we make a buy, the same needs to be used for all the need. This means as investment, trading asset, store of value, transaction medium and so on.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: $crypto$ on August 09, 2023, 10:55:43 AM

Quote from: EFS on August 06, 2023, 06:23:54 PM

That's one of the hardest questions and the answer is changing depending on the time. It's easy to put a target before the bull run but hard to take action when that price comes. Usually people will be too optimistic and when they hit their target they want more and hesitate to sell their coins. This happens in every bull run. It's very difficult to stick to the target price and sell.
I don't want to make price predictions out of nowhere but when the time comes I hope I won't be too early or too late. In the end I'd like to have more Bitcoin, it's important to sell and buy back at the right time.

Their target is 100K but when the price has reached that they are still unsure whether it will go up again or down? That is the question but if it has crossed the limit with that target then I think it is appropriate to sell as long as we don't sell too quickly when it hasn't crossed the previous ATH even though it is already their profit because they bought it when it was low at 30K.

It's not easy to target something that is not certain let alone a long time, if you keep thinking about buying bitcoin then it's better than thinking about an uncertain target.
I also have a target of selling at 100k, but at that time how many bitcoins did I have? I have to think about how to increase regular bitcoin purchases so that there are more bitcoins in the wallet.

You and @EFS have carefully described the mindset of a typical trader and I don't think there is anyone exempted from this as the market itself is dynamic and highly unpredictable, we are only speculating and using our instincts. At times, we might believe that the market might reach $50,000 and plays right into our hands, but at times too, it might not even reach that level. However, the most tragic of it all is when it closed upon reaching our target of $50,000 but the market moves further to $170,000 in the shortest possible time afterwards. Nothing pains traders and investors more than the latter, and this is more reason why I will not encourage you to set a target. You should practically study the market to make the right decision in real-time.

I'd carefully studied the behaviour of Bitcoin before and after the last 3 bull runs and I discovered that it always gives an easy-to-know signal when it's reversing, it's at that point I would opt out. The level is easy to know through simple trend/reversal strategies on either the weekly or monthly chart, and any good trend trading strategies would do this for you. While aggressive closers would prefer using the weekly chart, conservative ones would wait for the monthly chart.

armanda90

hero member

Activity: 1218

Merit: 608

I am not typical with short term trading and hold for long term is my target for selling Bitcoin when raising new all time high in the future, depend of kinds model each trader or investor because many of trader have method with short term investment after selling and buy back later with lower price. Keep optimist with Bitcoin one day later have new all time high price and possibility for selling on next bull run with Bitcoin price above $100,000. I saw many people pessimistic with Bitcoin target reach $100,000 looking on Bitcoin current price, but have many time Bitcoin up drastically in short time and potential for Bitcoin make new all time high later exactly after halving time.

$crypto$

legendary

Activity: 2394

Merit: 1049

Smart is not enough, there must be skills

Quote from: EFS on August 06, 2023, 06:23:54 PM

That's one of the hardest questions and the answer is changing depending on the time. It's easy to put a target before the bull run but hard to take action when that price comes. Usually people will be too optimistic and when they hit their target they want more and hesitate to sell their coins. This happens in every bull run. It's very difficult to stick to the target price and sell.
I don't want to make price predictions out of nowhere but when the time comes I hope I won't be too early or too late. In the end I'd like to have more Bitcoin, it's important to sell and buy back at the right time.

Their target is 100K but when the price has reached that they are still unsure whether it will go up again or down? That is the question but if it has crossed the limit with that target then I think it is appropriate to sell as long as we don't sell too quickly when it hasn't crossed the previous ATH even though it is already their profit because they bought it when it was low at 30K.

It's not easy to target something that is not certain let alone a long time, if you keep thinking about buying bitcoin then it's better than thinking about an uncertain target.
I also have a target of selling at 100k, but at that time how many bitcoins did I have? I have to think about how to increase regular bitcoin purchases so that there are more bitcoins in the wallet.

19Nov16

sr. member

Activity: 1722

Merit: 252

I have installed some prices in Spot Exchanges starting at $ 45k, I'm happy because I have bought when the price of Bitcoin is around $ 26k, I focus on big profit and will monitor the market situation, if you don't need money then I can sell at a more expensive price .

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Sim_card on July 13, 2023, 01:46:21 AM

1. What price do you think that bitcoin will hit in the next ATH.

This is hard to predict, but if I should go with what the media and some really influential people are saying, since in the last bull run, Bitcoin a new all time high of $69,000 all the way from its previous all time high of $19,000 in 2020, I think in the coming bull season, if bitcoin will still replicate its previous efforts, i think this time, nothing will stop if from reaching the $100,000 per bitcoin price mark, i expect it to reach this amount and even go above it with like $20,000 or more.

Quote

2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.

There is no need holding bitcoin when the price is already high, better to sell, make some profit, then buy back when the price drops, for now, i have no price target in mind, but i sure will sell in the coming bull run when it reaches a price i am very comfortable with, and when i sell, i will wait until the bull run is over, then start buying back little by little, in preparation for the next bull run.

Topic: When will you sell...next bull run? - page 4. (Read 1513 times)