Bitcoin Forum

If you are invested in Bitcoin, we have reached at the stage where it is very confusing whether to hold for more gain or sell at the current price. You will have started seeing traders and influencers posting snapshot of fancy profits they made and they are waiting for handsome XYG price fulfilment. Well, take them lightly and don't follow blindly. Be cautious to avoid losing your funds. This is a crucial times for newbies, especially.

So, if you are a holder you will most probably be thinking about waiting more until it gets to XYG price. This is not a good move in such volatile, ATH-hitting market. So, I think selling in parts can be the best strategy at the moment. You will minimize risks while getting good prices in parts. What do you think?

Talking about Bitcoin market, it is not as it used to be when comparing to the past, that is, the market seems to be driven by institutional investors demand, because the growth is becoming more and more interesting and attractive as well, however, it is the altcoin market that's should be focused on more intensely because only few are really growing.
Nevertheless, I agree with you about selling in parts, at least it will go a long way in helping to minimise risks should the market later go against everyone's expectations, not as if the market can even be predicted anyway, but taking profit and holding some looks like a good strategy to me.

It a quite simple for trading or investing, If you on a profit situation and don't know what will happen just ended your trading or investing with profit. A good trader no seen by how much money or profit you are made but ended your trade with a profit not a loss.

Or you can sell some of your assets and take back your initial investment and keep the profit when you feels the market still going up, If you missed the predicted then you will not gonna lose only decrease your profit estimation.

i totally agree. i saw 2018 dump. i lost nearly 90% of my money in this dump. today i am selling my coins slowly. and passing to fiat for waiting bitcoin under 20k. it s best way in earning crypto.

It is this kind of thing that is currently being experienced, a kind of dilemma between holding and letting go.
it is true that we must be deft in making decisions. We've already benefited from sales, but it's still human and not easy to control. more precisely, always feeling never satisfied with the present.


we experience this all the time. I also sold part for $ 21,000, then I held off the rest. :)

I do not see that anyone should sell bitcoin now because it is just starting the fresh journey of an epic bull run, next year is going to be huge for btc with this price looking very small after few months.

It is necessary to take profits but it's not us to decide to tell others that they should do it if they have already firmly planned that they will only sell if it reach a certain higher price by 2021.
There can also be factors why many don't want to sell because big players are here and being a small investor, we'd like to ride those huge financial institutions as they buy. Well, we have our own reasons but I do agree with you that it's good to take profits even only around 1%-10% of what you totally have.

This is what ive been doing.Im also an active seller and also a hodler at the same time which means there are coins which are really just intended for active trades and there are coins
which are intended just for the sole of holding for the future.It isnt always bad to consider on selling on parts as long you do able to secure on what you had gained.
Its a matter on how people do handle their risk management thing because not all would really be having that kind of mindset when it comes on securing funds.

Whales are not dumb and they will sell in parts above $23000, later they will buy back the same amount of BTC at a low price below $20000. The altcoins will not go up until the stable BTC price will not flood the markets. Rather than waiting for the top price to sell, liquidating in small percentages over $22000 is the best safe decision. Having market expectations will not let the whales join the main trend and they will ignore the small trend on low timeframes and will focus on the long term trend on the higher timeframes.

I agreed with your point since this market is so unpredictable and the best thing Bitcoin holder can do now is to sale 50% of their holding because the market may not encounter dump in price like the year 2017 since some companies used Bitcoin as their capital reserve

Honestly I think this is a good strategy no matter what market you are in and if you are on the selling or buying side.  Selling and buying at specified times guarantees you won't be all in on risk on missing the upside or selling the tops. Cost averaging in and out of positions helps with stress and the constant chart watching too :)

You should at least try to hodl some in your bag to anticipate another bullish trend that will come anytime. Bitcoin will be getting another pump for sure. I was also anticipating the dump that could happen on bitcoin anytime but i will believe the dump will occur the early quarter of next year. You will see that happen for sure.
Sell some of our portfolios to anticipate the bearish trend and hodl some coins too.

Selling in parts is good but it all depends on when a trader, hodler or investor got their tokens. ONE thing is certain, never buy green candles if you cannot understand market waves. And also, always take profits. Shorting, longing positions and also taking profits are decision skills you develop as you trade. So focus and remember to do your own research so you can make positive decisions as regards your investment.

The important thing to remember is the simple rule of trading - buy low, sell high. So it is pretty straightforward that don't sell you coin when it is below your buying price. I know, it is quite complicated if you want more profit as you will think that what if it will go up more? That's human greed in play and that's understandable, because we all have that kind of inclination. But if you have immediate needs, you can sell some while you are still in the gaining side. It is not hard to decide if you know, you need some money in the next few days and you need to cash out some.

It should be noted that in trading we can make a profit even during a bear market, the important thing is how we can read the situation in these altcoins, it is different when the current market has shown a bull market, with the creation of a new ATH in bitcoin, which many people hope not much longer, altcoins will also follow the trend, although I know investors around today are much smarter than 2017 about how to deal with the market.
the important thing is not to be too greedy in determining profits.

This is indeed true but your so-called "part" should not be your >20% of your portfolio. I think institution investments have started to flow in crypto space which will push Bitcoin prices higher. So, selling 10% of the portfolio is a wise move otherwise, there will be regret.

Whoa! That's good indeed. If you sitting with a exit price, I don't think you will never be in loss. However, I sold my part at $23k and now resting it for $25k.

And traders/investors should also not be dumb. That's why I created this thread to let people consider for this strategy and plan accordingly.

At the same time, even with a partial sale, we still run the risk of losing lost profits.  For example, I have a certain amount of ethereum.  Is it worth selling even 10 percent now, if in the future we expect its large price growth through the update of this coin?  Everything is clear with Bitcoin.  In the future, it will have a price and much less than the current one.  What about ethereum?

It can be any amount as long as it's still a part from the portfolios. There's not specific percentage about how much you must sell it to the market. As long as people are confidence with such amount and then it's free to sell it.
Just try to think about we must at least keep more than 40% from the remaining tokens to anticipate the next bullish trend that will be happening in the cryptocurrency.
You should add more rather than try to sell only 10%

If you're nervous, then you're still trading with emotions. Entry and exit should be fixed for every trade. If you're a long term hodler than nothing in the current market should affect your feelings.

You SHOULD wait for the market to trigger your exits, all the time. Or trigger your stops.

I don't find anything confusing and it's easy to be calm -just stop looking after the dollar value of coins every 5 minutes! Instead, you could lend your coins to a different platforms and gain some decent APY.

selling in a parts is a kind of good idea, because sometimes the market will move to fast, and we don't have enough time to sell our assets,
and sometimes the market didn't touch our price predictions too

Of course selling is an assurance for us to take back and reward ourselves from long waits, but we must think that we only need to sell what is worth enough. The market was unpredictable and you can't predict what's going to happen next, so just do it by process and avoid dumping everything. Self control is very important in times of uncertainty.

selling in my share of mind after selling the majority of my ethereum, and right now, there aren't many assets that I own. Well, I'm a little sorry that I sold my ethereum for under $ 600. however, I didn't sell it in pieces, but I did sell it in batches at the same time. Well, I think selling it in parts will allow you to think better of what to hold or sell

That would be a difficult task for us if we are nervous on the time of investing or trading.
Actually being nervous it is part in our life but we should need to think if we are in the situation of selling or any things that we do in a market.
And we will see BTC in $30k but not this year maybe 2022 I think that could be a target for BTC to reach on that price.

Selling in parts means you are still losing your precious Bitcoin or altcoin.
You are not gaining by doing this.
Then, you will be in doubt to buy again since the price is getting higher. It had always been a risk since day 1.
You sell now, you might miss the big boat. Regrets will follow and the fear of missing out which will force you to buy at a higher price.
Now, is it still profit?

It still depends in the market condition, sometimes there are indication that the market will continue to grow up, if you are selling check and feel the market condition first and see if it's worth selling, it's good to take profit but getting the right timing to sell will maximize your profit.

Yeah, I think I will agree with you. We can't anticipate markets but this time, we all feel that 25K is an easy target irrespective of ups and downs. So, even if we start selling 10-15% with every 1K added to the price, we will be in a good position.

Everyone doesn't use the same strategy for making profit. I believe that crypto market will recover in future, even if the price fall badly now. And crypto price will reach more higher position than before. That's why I like to hold my investment for long and don't want to flow with panic situation. I know it won't maximize my profit. Though I sell a small part of my investment while the price reach new high, like it is currently now. Bitcoin and few other top coins are in my investment portfolio. These are worth to hold for long term.

That's how crypto work. That's why people are always diversifying their portfolios into the various assets to anticipate the bullish trend that could happen into any of these assets. People should have sold their stash when they have earned good amounts of money. As people who wanna make a profit from the market and you should always follow it. It doesn't matter a lot whether you must have changed your strategy anytime but as long as you can get a decent profit from there and that's not a problem.

still hold for long run, but surely btc will dip 20-30% soon, no worry about that,
 
most of holder now are u.s retail & instutional , most of asian already selling a year ago, btc is changing hand

the support will be massive on this bullrun and the next year is real battle for the ride

There are two factor to predict bitcoin price, technical analyst and fundamental analyst, have you analyst by those strategy before you make this statement? Indeed, when we invest our money we have to count how much risk that will be faced and how much profit that will get, right?

But at the current situation, I'll choose to become a holder because technically bitcoin still in the uptrend market, you can the mounthly and weekly candle, they will indicate that the price can still have a chance to increase more than now. And also fundamentally, there is still a good news especially from US government will give another stimulus to support their economy, which could make bitcoin price go up more than now.

There could be a crash if 50% of holders shares some of their parts even a small portion, I don't think it's a good recommendation when it comes to selling we leave it to holders and let them decide based on the situation they are in, and their plan I would not even recommend to crash the market, because there are people who follow the flow.

Its not the right thing to suggest.  Suggest in a different angle which is you can say that try to sell crypto on high price then buy again in price dump. Because its a strategy in crypto market you can also say that its a secret strategy too. Every trader and every crypto users use that tricks to get their successful crypto journey.  If anyone want to get success in crypto then they should follow this strategy that buy crypto in dump price then sell crypto on high price then do that same thing that buy low sell high.

This isn't confusing at all for me and I've sold most of my bitcoins and turned them into fiat and usdt, I'll be a little more patient waiting for bitcoins to decline because that's the only way I can make a profit

this is a tradition that we need to master in trading techniques, even though to be honest I personally find it very difficult. indeed you must continue to learn to control your emotions, even though you have already pocketed the profits and ended it quite proudly. it's hard to find someone's character like that.

the best step at this time is to sell it, because by selling now you can get a large profit. then the next step is to wait for the bitcoin price to go down then buy again and hold until the price goes up. so this is a good move not rather than waiting longer but this price drop will disappoint later

If you've bought bitcoin when it's still cheap and hasn't reached ATH, I think it's time to come out now. Because bitcoin has penetrated New ATH and the current condition is the end of the year and christmas, which can be seen in this annual chart there will be a decline.

And also... buy in parts? Because when you see increases, it is smarter to buy in parts so that you could sell at the top, when you see it start to go down, you could sell in parts as well, that way you could potentially make a lot more profit if the price increases a lot but doesn't decrease a lot.

I personally bought bitcoin at much lower level so I could have kept that and would have made a lot more profit in the % sense so my percentage would have been a lot higher, but right now I bought from higher and higher and higher levels the more it went up, and I could sell right now and would have a much lower percentage of profit but a lot more dollars in profit. Remember that when you are buying and selling, it is not about the percentage of profit you make, it is about the dollar amount you make, and find ways that would yield you more dollars not more percentage.

Unfortunately, no one knows when the bitcoin price will reach next ATH.
The best thing you can do is sell the bitcoin when the price reaches the peak and wait for a while for another down for the price to buy bitcoin again.
If you sell some parts in many ranges of price, I think that can give you the profit, but that can work if you can place an order sell before the price start rally. But do not place too close because your profit will not be bigger.

if it were me, my choice would be to sell. because we know that if we hold on, we will get disappointment where the price will decrease and this is a moment to get profit. What do you think ? isn't that a good choice right now