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.
Topic: When will you sell...next bull run? - page 5. (Read 1513 times)
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.
You can make nice profit & increase your stash if you play it right transition
between the two phases of a long market cycle
You can make nice profit & increase your stash if you play it right transition
between the two phases of a long market cycle
Bitcoin is indeed the best among altcoins, especially those with a long term method, because in the long term bitcoin will surely give good returns as long as we have the patience to wait for it.
and most of the four year cycle on bitcoin can affect the price of other cryptocurrencies which means some altcoins can also increase the price including ethereum and the top and oldest altcoins in the cryptocurrency market, and the easiest way is to follow where big investors money is invested especially in bitcoin because of its unfading popularity.
Although some people say that altcoins can also provide large returns on investment, the volatility that will occur when the market experiences a severe correction will push such coins to the bottom. Apart from bitcoin, ETH is the closest source that can be utilized for investment, while any altcoin depends on how one can see opportunities to make a profit. If we talk about quality in maintaining the value of the investment that we live in then bitcoin is better.and most of the four year cycle on bitcoin can affect the price of other cryptocurrencies which means some altcoins can also increase the price including ethereum and the top and oldest altcoins in the cryptocurrency market, and the easiest way is to follow where big investors money is invested especially in bitcoin because of its unfading popularity.
Seeing the market cap is important and coin habits like this can last a long time in the cryptocurrency market, because many people will try to invest and there is confidence that it will not die in the near future. In the end, every investment that is carried out by people only talks about benefits, both long term and short term.
Time has shown the best time to sell is never, however well you time it in the short term for that period month, quarter or year even. The risk is that you miss the gains after the period of pullback you avoided, if want to trade split it from a long term holding. If having a separate allocation for trading on various time scales I see this approach as working out far better also it adds to the understanding deployed when examing a trade prospect from the varied levels of influence in each time frame.
I think the trading strategy may change depending on the unpredictable market conditions, if you aim to change the strategy for short-term trading because of the opportunity to profit from fluctuating market prices then we can take advantage of increasing the investment value to buy back bitcoins when the price is corrected, but the strategy will not be effective if the pattern of movement changes and the market price is not what you predicted, for example you have sold a price range of $35k increase but the price increased dramatically the following week, but you will hesitate to buy at the same price and wait for the price to drop lower to $30k-33k. I have implemented the DCA strategy for buying low prices to prioritize holding for the long term, I think holding bitcoin would be better if you commit to holding until the next ATH price.
Actually I also don't like to trade short term if it is for Bitcoin, because generally I myself prefer to keep Bitcoin for long term by buying it gradually. Yes, the DCA strategy you mentioned is indeed very suitable to apply if someone prefers to keep Bitcoin in the long term, but for short term trading it is true that it will not be effective enough if the increase continues while we have already sold it at the previous price.
So without realizing it we have to stop for a moment to trade if there are no more corrections occurring, but for now I think you yourself also don't forget to look at the market where increases and corrections always occur and are even almost balanced so that this condition is always used by those who like trading in the short term. Meanwhile, for those who prefer to save it for the long term, maybe right now they are still quite relaxed in dealing with the current conditions even though they are still continuing to implement DCA.
would really be that deciding that they would really be doing short term trades because they would really be always preferring on seeing profits on short term basis on which i couldnt really blame them.
Even myself would really be having that kind of preference rather than on waiting for so long. Selling point or goal or target is a must and it would really be wise that you wont really be making yourself
that get caught on other cycle which it do last for every 4 years. Waiting time would be so long and it would really be wise that you should know on when to get out and take profits.
Dont make yourself that too dumb on what would be the sweetest spot when it comes on selling out, because not all would really be that mindful about making
such actions on the time that they are seeing those opportunities to get out.
I think the trading strategy may change depending on the unpredictable market conditions, if you aim to change the strategy for short-term trading because of the opportunity to profit from fluctuating market prices then we can take advantage of increasing the investment value to buy back bitcoins when the price is corrected, but the strategy will not be effective if the pattern of movement changes and the market price is not what you predicted, for example you have sold a price range of $35k increase but the price increased dramatically the following week, but you will hesitate to buy at the same price and wait for the price to drop lower to $30k-33k. I have implemented the DCA strategy for buying low prices to prioritize holding for the long term, I think holding bitcoin would be better if you commit to holding until the next ATH price.
Actually I also don't like to trade short term if it is for Bitcoin, because generally I myself prefer to keep Bitcoin for long term by buying it gradually. Yes, the DCA strategy you mentioned is indeed very suitable to apply if someone prefers to keep Bitcoin in the long term, but for short term trading it is true that it will not be effective enough if the increase continues while we have already sold it at the previous price.
So without realizing it we have to stop for a moment to trade if there are no more corrections occurring, but for now I think you yourself also don't forget to look at the market where increases and corrections always occur and are even almost balanced so that this condition is always used by those who like trading in the short term. Meanwhile, for those who prefer to save it for the long term, maybe right now they are still quite relaxed in dealing with the current conditions even though they are still continuing to implement DCA.
Quote from: Sim_card
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.
My major target will be next two bull run market, which the price of Bitcoin will definitely hit $100,000 before I will sell to make a huge amount of money that will reach me to settle some debt and still have money to prepare for another bull to come. Based on the recent moved of Bitcoin price, there is still confidence that the price will reach $50,000 before the end of this year which many holders will not release their Bitcoin because they believe that next two bull run will be a wonderful bull market that will put smile on long term holders faces. It will be difficult for long term holders to regret of holding long, because there are some signs that showed that the price of Bitcoin will soon remain stable in bull run.
I believe that a bull run will occur soon, according to the predictions of many experts that the bull run will occur at the end of the year and the beginning of the year because there will be a halving day in 2024, now is a good opportunity to continue buying so that we can earn big profits, and that the most important thing is to always be patient and not panic when a correction occurs.
For the bull run we will see as soon as possible the process of the four-year cycle that will take place in the future, as predicted by several experts according to the previous ATH. So the steps to achieve a bull run we must try to accumulate buying bitcoins to make a profit. It's up to what pattern each individual can follow because I'm sure everyone has their own strategy to reach the desired accumulation stage.The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.
Why not? Investing in altcoins has always yielded higher returns than bitcoin, but it's confusing how many consider it trash and not worth the investment. Many people are being too stubborn to think that only bitcoin is worth investing in and the rest of the market is trash. And they always evade the fact that today the profits from altcoins are outpacing bitcoin. Bitcoin can no longer provide thousands of percent returns but altcoins can. But high returns always come with high risk, so as long as we are willing to take the risk, altcoins should not be ignored during the upcoming bull season.
Snip
The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.So it takes the right time with in-depth analysis when holding altcoins, except for ETH which is the closest coin that has a large capitalization, price fluctuations are more difficult to control in altcoins because it is not the same as bitcoin which has a four-year cycle as a step towards the next ATH.
and most of the four year cycle on bitcoin can affect the price of other cryptocurrencies which means some altcoins can also increase the price including ethereum and the top and oldest altcoins in the cryptocurrency market, and the easiest way is to follow where big investors money is invested especially in bitcoin because of its unfading popularity.
Bitcoin price will definitely increase and it will still be the safest coin for us. But if we compare in terms of returns, bitcoin will not be able to offer higher returns than altcoins during the bull season. I agree with what fzkto said, even though bitcoin is still the most valuable coin, bitcoin's returns get smaller and smaller with each bull cycle. Therefore, we need to diversify our portfolio with altcoins for optimal returns instead of just focusing on bitcoin. Bitcoin is good enough and the choice for the risk averse, but in terms of profit it is not the best choice.
Snip
The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.So it takes the right time with in-depth analysis when holding altcoins, except for ETH which is the closest coin that has a large capitalization, price fluctuations are more difficult to control in altcoins because it is not the same as bitcoin which has a four-year cycle as a step towards the next ATH.
and most of the four year cycle on bitcoin can affect the price of other cryptocurrencies which means some altcoins can also increase the price including ethereum and the top and oldest altcoins in the cryptocurrency market, and the easiest way is to follow where big investors money is invested especially in bitcoin because of its unfading popularity.
Snip
The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.So it takes the right time with in-depth analysis when holding altcoins, except for ETH which is the closest coin that has a large capitalization, price fluctuations are more difficult to control in altcoins because it is not the same as bitcoin which has a four-year cycle as a step towards the next ATH.
I believe that a bull run will occur soon, according to the predictions of many experts that the bull run will occur at the end of the year and the beginning of the year because there will be a halving day in 2024, now is a good opportunity to continue buying so that we can earn big profits, and that the most important thing is to always be patient and not panic when a correction occurs.
For the bull run we will see as soon as possible the process of the four-year cycle that will take place in the future, as predicted by several experts according to the previous ATH. So the steps to achieve a bull run we must try to accumulate buying bitcoins to make a profit. It's up to what pattern each individual can follow because I'm sure everyone has their own strategy to reach the desired accumulation stage.The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.
As has happened before, market turmoil will continue, the halving is getting closer and investors cannot avoid it. Panic will change the initial plans that have been neatly prepared. Investors need to prepare mentally strong when the halving comes because afterwards there will be surprises that can bring big profits.
I believe that a bull run will occur soon, according to the predictions of many experts that the bull run will occur at the end of the year and the beginning of the year because there will be a halving day in 2024, now is a good opportunity to continue buying so that we can earn big profits, and that the most important thing is to always be patient and not panic when a correction occurs.
For the bull run we will see as soon as possible the process of the four-year cycle that will take place in the future, as predicted by several experts according to the previous ATH. So the steps to achieve a bull run we must try to accumulate buying bitcoins to make a profit. It's up to what pattern each individual can follow because I'm sure everyone has their own strategy to reach the desired accumulation stage.The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.
I believe that a bull run will occur soon, according to the predictions of many experts that the bull run will occur at the end of the year and the beginning of the year because there will be a halving day in 2024, now is a good opportunity to continue buying so that we can earn big profits, and that the most important thing is to always be patient and not panic when a correction occurs.
For the bull run we will see as soon as possible the process of the four-year cycle that will take place in the future, as predicted by several experts according to the previous ATH. So the steps to achieve a bull run we must try to accumulate buying bitcoins to make a profit. It's up to what pattern each individual can follow because I'm sure everyone has their own strategy to reach the desired accumulation stage.The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.
That doesn't sound strange at all, because it actually sounds very wise too because someone was able to change the game by trying to raise money to buy Bitcoin back. In my opinion it is a very good way and it is also not wrong if someone applies it all the time, because he has clear goals in his mission. The goal of trading is to make profits that can be used to buy better assets like Bitcoin, so there's clearly nothing out of the ordinary in that regard
I like to trade in crypto, I keep watching and studying the current market situation that bitcoin will hit in the next ATH as the OP said above. true, their respective trading patterns sir. What's important is the profit, not the bottom in the end, as you mean too..
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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.
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.
When I retire is the right answer for sure. I see that some people think that when they have "enough" to retire they will sell, and that seems like a great deal. I feel like I won't sell all my bitcoins even on that case but I will start to sell and live off that.1. What price do you think that bitcoin will hit in the next ATH.
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.
I am planning on saving and making as much bitcoin as I possibly could while working, and when I have enough to retire, I will just end up working towards spending that money, which will decrease the amount of bitcoins I have, of course price of bitcoin could go up during that time and the amount of fiat I have may increase even while I am spending, but that's not the point. In the end, I need to reach to a point where selling bitcoin to live is doable, that's great.
I believe that a bull run will occur soon, according to the predictions of many experts that the bull run will occur at the end of the year and the beginning of the year because there will be a halving day in 2024, now is a good opportunity to continue buying so that we can earn big profits, and that the most important thing is to always be patient and not panic when a correction occurs.
For the bull run we will see as soon as possible the process of the four-year cycle that will take place in the future, as predicted by several experts according to the previous ATH. So the steps to achieve a bull run we must try to accumulate buying bitcoins to make a profit. It's up to what pattern each individual can follow because I'm sure everyone has their own strategy to reach the desired accumulation stage.The most important thing is not to panic when the market finds another correction process because as we have seen, the halving is getting closer. The target when to sell depends on how you apply the investment strategy and if the concept is long term, waiting for ATH is the right decision to sell the bitcoins that we have.
That doesn't sound strange at all, because it actually sounds very wise too because someone was able to change the game by trying to raise money to buy Bitcoin back. In my opinion it is a very good way and it is also not wrong if someone applies it all the time, because he has clear goals in his mission. The goal of trading is to make profits that can be used to buy better assets like Bitcoin, so there's clearly nothing out of the ordinary in that regard
I think the trading strategy may change depending on the unpredictable market conditions, if you aim to change the strategy for short-term trading because of the opportunity to profit from fluctuating market prices then we can take advantage of increasing the investment value to buy back bitcoins when the price is corrected, but the strategy will not be effective if the pattern of movement changes and the market price is not what you predicted, for example you have sold a price range of $35k increase but the price increased dramatically the following week, but you will hesitate to buy at the same price and wait for the price to drop lower to $30k-33k. I have implemented the DCA strategy for buying low prices to prioritize holding for the long term, I think holding bitcoin would be better if you commit to holding until the next ATH price. Btw, If a speculator who implements a short pattern trade then changes his game and pools it to buy BTC back, does that sound odd. According to me. The principles of each trade must be different. if all is the same, BTC will automatically go up and never fluctuate with losses because there are no sales. all on long-term Hodl.
That doesn't sound strange at all, because it actually sounds very wise too because someone was able to change the game by trying to raise money to buy Bitcoin back. In my opinion it is a very good way and it is also not wrong if someone applies it all the time, because he has clear goals in his mission. The goal of trading is to make profits that can be used to buy better assets like Bitcoin, so there's clearly nothing out of the ordinary in that regard Indeed, I have a plan to sell my bitcoin when Bullrun or more precisely I will sell Bitcoin when touching a new ATH with numbers above $ 70k, I have plans in sales, I will definitely sell Bitcoin at that time even though not the highest ATH in the cycle.
Then I will take some advantages and wait for the bearish season again to start collecting bitcoin, so that my bitcoin supplies are even more in the next cycle, this is quite terrible, but I really believe in Bitcoin in the future.
Why is that terrible? It's a good strategy and I suggest you stick to it, it's much better to sell when high and buy when low so that you can keep increasing the quantity of your assets instead of holding the same amount only for the hope of a better price and wasting a complete bear market. Keeping a target in mind for selling is a good thing and as you said, one should even sell them if the market doesn't reach their target and starts dropping again.Then I will take some advantages and wait for the bearish season again to start collecting bitcoin, so that my bitcoin supplies are even more in the next cycle, this is quite terrible, but I really believe in Bitcoin in the future.
I would definitely do the same thing if I was in your place. I don't like holding for too long, getting greedy when the price is already high but thinking it might go higher will only cause you losses in profits that you will get, you could maybe get $70k but if you hold and it drops below, you will then get only $65k, and that's not a good deal.
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