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Other => Beginners & Help => Topic started by: JamesDaniel90 on August 17, 2023, 08:39:51 AM



Title: What is your selling plan in the bull run?
Post by: JamesDaniel90 on August 17, 2023, 08:39:51 AM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?


Title: Re: What is your selling plan in the bull run?
Post by: Mayor of ogba on August 17, 2023, 10:07:42 AM
I know it is not definite but highly likely the bull run will be in 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is a bear market and being at a loss so feel as soon as the markets reverse and the bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have a specific selling strategy during the bull run or do you just do what feels right at the time?
When it comes to trading the crypto market there is no perfect or specific time to sell your asset because if you are waiting for a specific time some investors we take profit from your money. What you have to do is to deploy a trading strategy that will help you take a profit any time you see one. Also, learn not to be greedy when trading in the crypto market. For instance, if you invest in a token with $500 and your investment turned to $1000 you can sell off your token and wait for the token to retrace so you can buy the token again.


Title: Re: What is your selling plan in the bull run?
Post by: SeriouslyGiveaway on August 17, 2023, 10:49:12 AM
Investment plan should be longer than 2024 and 2025 so you will find (SSS) - A Sane and Simple bitcoin Savings plan (https://bitcointalk.org/index.php?topic=345065.0) is very helpful for you.

Your investment plan can be different than the SSS one but I believe you will be enlightened by that topic.

Dollar Cost Averaging is more mentioned for buying (accumulation) but it is actually helpful for selling (taking profit) too.

https://dcabtc.com/


Title: Re: What is your selling plan in the bull run?
Post by: cheezcarls on August 17, 2023, 11:35:28 AM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There’s no perfect timing when it comes to bull run. I know that the next year’s halving is one of the catalysts here, but the bull run can happen anytime even before the halving due to various factors.

I am still down as of the moment of the original BTC price that I’ve bought in doing DCA (dollar cost averaging). I always have to be readyb wherever the market goes.

If the bull run does happen, I would sell a reasonable amount of my assets and keep the capital. Ain’t planning to sell them all.


Title: Re: What is your selling plan in the bull run?
Post by: Taskford on August 17, 2023, 11:49:28 AM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Don't have any specific plan since I just base my profit taking depends on what situation will occur. And I never get hype easily with more hyping words we can possibly ready anywhere then wait for more since for me profit is profit on whatever forms so don't get hype about ATH since the more you chase then wait for more you will just end up missing the train. So make sure you will not act like that since that traits makes you a bag holder then regret for not selling at the moment where best time to sell your bitcoin or other alts.


Title: Re: What is your selling plan in the bull run?
Post by: rozak on August 17, 2023, 01:59:48 PM
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
you have nothing to lose even if you are in a bear market if you don't sell your assets. Of course, if you think about investment planning you will end up with a bull market.
In fact, no one can estimate the exact time to sell. or wait for ATH and we just sell it. everyone just predicts and doesn't know whether what we do will be right or not. therefore when you are in a bull market, try to be consistent with your initial investment plan. a bull market can be a strong pump and then a correction. if you have no experience, you can very easily panic in this position.


Title: Re: What is your selling plan in the bull run?
Post by: cryptoaddictchie on August 17, 2023, 02:22:23 PM
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
The best strategy is to be obsevant on the market movement. Plus youll feel that its highly likely to continue if the charts looks promising. You can never predicted if its gonna be a continous movement since thats impossible we always expect some rough patch down trend sometime and we gonna thought its over nut reversal is imminent. But never be greedy not to sell when you already know its a good profit and dont regret not selling much higher.


Title: Re: What is your selling plan in the bull run?
Post by: Lucius on August 17, 2023, 02:43:14 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Are you still asking questions that you have already answered more than once? I don't know if it's confusion or something else, but even after 18 months in how you say "crypto", you don't seem like you've learned anything, or that you even have a serious intention to learn something.

Instead of looking for some new answers again, I suggest you re-read some of your topics.

Is there a best way of withdrawing profits from exchanges? (https://bitcointalk.org/index.php?topic=5461326)
Bitcoin - what are we expecting for the rest of 2023? (https://bitcointalk.org/index.php?topic=5457216)
Cashing out fiat in UK? (https://bitcointalk.org/index.php?topic=5453753) 
What are we expecting from now until Bitcoin halving? (https://bitcointalk.org/index.php?topic=5453066)
Bitcoin - what is your plan when we reach $100k? (https://bitcointalk.org/index.php?topic=5451076)    

These are just some of the topics you have made since May of this year, there is simply no point in going beyond that...


Title: Re: What is your selling plan in the bull run?
Post by: Zanab247 on August 17, 2023, 03:07:08 PM
Don't forget that cryptocurrency is unpredictable, which nobody know when the price will bull higher or dump in the market but just have it in mind that bear market will not live forever. I think many holders are waiting for the price to hit back $69k before they will start selling to make a good profits, which it will surely happen to those that will endure long for their dream to come through. since you have endure to 18 months in the community show that you will not regret when the bull start because you are already among the long term holders, and there is a confidence for long term holders to win something big before the end of December if they can endure till the season appear.


Title: Re: What is your selling plan in the bull run?
Post by: Stable090 on August 17, 2023, 03:39:47 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.
Nobody is sure when the bull run will be coming, we are all just predicting and hoping it comes by 2024/2025, but we shouldn’t be too confident because some people will be disappointed if the bull run doesn't come by 2024, which everyone has been predicting. Let’s keep in mind that it can come at any moment, it might even come before 2024, which has been predicted by most people.

I am wondering when is best to sell and want to make sure I don't sell too early.
No one can tell you when you should sell, it’s left for you to make decisions on your own, and nobody knows how high bitcoin is going to go in the next bull run, so just do your analysis and set your target. If you are lucky and your target is hit, then you can sell, but keep in mind that you will find it difficult to sell at the top, and since nobody knows how high it will go, nobody will be able to recommend a price to sell at for you.


Title: Re: What is your selling plan in the bull run?
Post by: Bushdark on August 17, 2023, 04:02:55 PM
The plan is to take advantage of this bull market now that the price of Bitcoin is currently low including other altcoins that had been in the market. We had been seeing speculations about the bull run that is going to commence probably by next year and everyone had been preparing for that time. Cryptocurrency is a very risky venture and we'll have to be ready for what comes ahead of us.

The people that are going to make money from this bear market are those that are ready to take the risk that is involved including patience waiting for the market to fully go bullish so that we can maximize profits.


Title: Re: What is your selling plan in the bull run?
Post by: Doan9269 on August 17, 2023, 04:25:41 PM
I am wondering when is best to sell and want to make sure I don't sell too early.


You will have to consider the rate at which the bitcoin market price was when you made your first investment, then hold and wait till the next Halving, once there's a bullrun, then you target the rate it would have moved while rising from when you first entered, if you realized a cognate difference then you're good to sell because you're not loosing and bitcoin has increased in value from where it was when you began.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Buying strategies is what is common but once there's a bullrun, if you wish to sell you're not missing out, you don't need a particular strategy for that.


Title: Re: What is your selling plan in the bull run?
Post by: crwth on August 17, 2023, 04:34:03 PM
It will be tough to predict, knowing that you cannot do anything about it once you are there, and you might never know what your "emotions" go through then. It will be hard to sell once you feel those "bull" parts.

Since it's your first time, what would happen is you will ride and believe that it will be in increasing effect. It could go on and on in price, and you can never go down feeling. But it will.

It's almost always the case but since you haven't learned or have your opinion on it after 18 months here, I think that's what will happen to you.

Don't try to time it. It's going to be difficult.


Title: Re: What is your selling plan in the bull run?
Post by: m2017 on August 17, 2023, 04:44:24 PM
If you are afraid of selling your crypto assets too early (too cheap), then try using a gradual selling strategy, that is, as soon as the price of crypto currencies starts to rise, don't sell everything at once, but do it in stages. Sell 20% first, then another 20%, and so on, until everything you planned has been sold. The figures are presented for examples and you determine which part in how many stages to sell. In general, this is the reverse of the well-known strategy of the average purchase of crypto currencies, only you act in the opposite direction and average your sales receipt.


Title: Re: What is your selling plan in the bull run?
Post by: Agbamoni on August 17, 2023, 05:03:03 PM
Honestly, everyone's main goal here is to make the most money they can when the next bull run comes. So, what else are you thinking about? Whether you're new to this or you've been trading for a while, you need to try out different trading plans and pay attention to the info out there. Keep in mind, if you're not informed, you're at a disadvantage.

I'd suggest starting with,

Doing thorough research.
Making different choices for what you invest in.
And most importantly, managing the risks.
By doing these things, you'll increase your chances of making money when the market goes up a lot next time.


Title: Re: What is your selling plan in the bull run?
Post by: Victorik on August 17, 2023, 08:02:09 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There's no thumb rule for determining when or when not to sell, it depends solely on you and what your goals are. For some persons, when they see a x2, x3 they sell some portion to recover their capital.


Title: Re: What is your selling plan in the bull run?
Post by: AakZaki on August 17, 2023, 08:25:46 PM
The important thing is to first set a selling price target during a bull run. Take some profit maybe around 40% or 50% and it will be better than selling everything. We don't know where the market will stop during the bull run. the rest you sell at the highest price and while seeing how strong the support and resistance is. Bullrun provides many surprises and you should be ready to sell higher. maybe 10% you sell when you believe it will be very high.


Title: Re: What is your selling plan in the bull run?
Post by: Aikidoka on August 17, 2023, 08:42:08 PM
My selling plan for the bull run depends on the circumstances at that time. I won't sell all of my bitcoin, but I'll choose to liquidate a portion and enjoy some profit.

To be honest, determining the optimal selling point is indeed very hard due to Bitcoin's highly unpredictable movements. However, you can at least gauge that Bitcoin is at its peak when it reaches a new ATH and remains there for a while. Alternatively, you could rely on your feeling to identify the point where it seems to have reached its maximum potential price.

Typically the highest point after a bull run could occurs around a month or two after it, although it could be sooner. I don't have a specific strategy for selling; I'll go with my feeling and the hype by that time when it comes to Bitcoin.


Title: Re: What is your selling plan in the bull run?
Post by: BitcoinPanther on August 17, 2023, 09:41:02 PM
I don't mind selling at $120k  per Bitcoin.  I believe this is enough for me to get more Bitcoin when the bull run ended and the market revert back to bear market.  I intend to increase my portfolio to sell high during the bull market and buy low during the bear market and DCA with the fund I got from selling all the way.


Title: Re: What is your selling plan in the bull run?
Post by: hatshepsut93 on August 17, 2023, 11:58:58 PM
I am wondering when is best to sell and want to make sure I don't sell too early.

The fear of selling too early is often making investors sell too late or worse - not sell at all and wait for another bull run.  The bull run starts with a sudden spike and after that lasts for 1-1.5 years, so a good strategy is to wait 1 year from the start of the run. Also, if DCA is popular buying stategy, than the reverse can be an exit strategy - sell some BTC every week of the bull run and you will get the average bull season price. Ofc the best outcome is to sell at the very top, but tops usually last only a day or two, so it's unlikely you would catch them. The average price of a bull season is way higher than the average of the previous bear season, so it's still a great profit.


Title: Re: What is your selling plan in the bull run?
Post by: Sim_card on August 18, 2023, 04:34:17 AM
OP, for you not to sell too early,it is better that you have a price target that you plan to sell and when bitcoin reaches such price then you can sell off. If you want yo know the actual time to sell,it might cause you loss because nobody can predict the price that bitcoin will reach in the next ATH. We all know that it will surpass the previous ATH but it exact price is what one is still speculating one. We all have our different price targets because what matters is that you make good profit from your investment with the bull run. My place ice target is that the moment bitcoin reaches 100k,I will sell of the portion that I have in mind to sell.


Title: Re: What is your selling plan in the bull run?
Post by: aysg76 on August 18, 2023, 05:37:46 AM
I don't mind selling at $120k  per Bitcoin.  I believe this is enough for me to get more Bitcoin when the bull run ended and the market revert back to bear market.  I intend to increase my portfolio to sell high during the bull market and buy low during the bear market and DCA with the fund I got from selling all the way.
For bitcoin to cross $100k it will take long time if we follow a realistic approach and you are talking about double of ATH approximately so that would definitely have time but if you have long term goals in mind it's really good approach as it will help you to accumulate more till that time so keep on increasing your bitcoin stash with accompanied goals so you will automatically see how much returns you get in future.


Title: Re: What is your selling plan in the bull run?
Post by: Poker Player on August 18, 2023, 08:15:34 AM
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

My strategy will be similar to that of the last bull run, making partial sales to enjoy the benefits without ever selling everything. In fact, I don't think I will sell even 50% of what I have.

The bad thing is that you never know what the market peak is going to be, which would be the perfect time to sell. But my scenario for sales would be something like this: when the price goes up again and approaches the last ATH of $69K there will be many sell orders around that figure, which will be hard to beat. When the price is clearly beaten, around $75K or so, I will do a partial sell. You have to think that it is about X3 on the purchase price now. Around $100K the same thing will happen, a lot of sell orders starting from $95K or less, so the $100K milestone will cost a lot to beat. There too I think maybe I could sell partially between $90K and $95K, and then at $110K or thereabouts.

From there we enter uncharted territory. If things went really well, we might even beat $200K this cycle, although I doubt it, but the point is to do partial sales as the counter value in fiat increases, that way you enjoy profits, and stay invested forever.



Title: Re: What is your selling plan in the bull run?
Post by: tech30338 on August 18, 2023, 08:41:24 AM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
There is a few strategy in selling, this has been and always the best way:
Sell when its high or the price has been up and you have a nice profit.
Other thing that i do and one of my friends always reminds us in a group, sell when you think you are happy with the price,
The reason for it is you don't want to be in the buying stage where the price is already drop sell in a selling stage, this has been my problems over the years, when I wanted more, and end up with no profit at all and still down, so when bull market sell, and wait for the bear season to buy, trust me, you will end up the upper hand against others, new in crypto will hold their coins thinking they will be a millionaire in a few days just by luck, its not how it goes, always take profit, because when you are down, that's when you always make mistakes.


Title: Re: What is your selling plan in the bull run?
Post by: Dr.Bitcoin_Strange on August 18, 2023, 11:06:20 AM

I am wondering when is best to sell and want to make sure I don't sell too early.

No one knows what will really be Bitcoin's ATH for the expected bull run; some people are speculating $100k+, and if that's going to happen, then you should also be speculative and have a target for the price you wish to sell your coin at. Depending on what price you have bought your coins at, you should know the target profit you are aiming for, so that during the bull run, you can just set your buy orders, and if the price gets there, it will automatically execute. Perhaps if you think that Bitcoin's price will get to $80k, $100k, $120k, and $150k, then you can set your order accordingly. It's just my way, though, but just don't sell everything at once when the bull market is just starting.


Title: Re: What is your selling plan in the bull run?
Post by: SOKO-DEKE on August 18, 2023, 12:09:18 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

 
I don't think anybody knows what will be the highest price for Bitcoin in the coming bull run, so predicting the best price to sell is difficult because everyone needs a reasonable profit from their Bitcoin investment. But what I will say is that the best plan for someone to sell Bitcoin in the coming bull run is for you to have a profit target, and once you reach your profit target, you can just sell, or you can also apply the strategy of selling gradually, like a portion of your Bitcoin continuously.
 
Some people hardly make a reasonable profit on their Bitcoin investments because they don't plan themselves well, and if you don't plan yourself well, you may end up selling your Bitcoin at the wrong time. As for me, if I don't meet my profit target, I will not sell my bitcoin, even in the next bull run, because I am not good at timing markets to buy back. 


Title: Re: What is your selling plan in the bull run?
Post by: AakZaki on August 18, 2023, 04:57:58 PM
For bitcoin to cross $100k it will take long time if we follow a realistic approach and you are talking about double of ATH approximately so that would definitely have time but if you have long term goals in mind it's really good approach as it will help you to accumulate more till that time so keep on increasing your bitcoin stash with accompanied goals so you will automatically see how much returns you get in future.
Long term is best for those who can afford to be patient and wait for the ATH to be hit, my target is also in the $100k price area for 2024-2025. But even though it's past 2 years it's not a problem because I always buy in stages when there is a significant decline. We'll just see how much profit there is in the end when the key price is reached. Just need to be patient and wait to get what we are going for.


Title: Re: What is your selling plan in the bull run?
Post by: Crypto Library on August 18, 2023, 05:25:04 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.
I am wondering when is best to sell and want to make sure I don't sell too early.
I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
There is no specific plan for buying or selling crypto. However, many people have different strategies, that strategy is to do market analysis or maybe to keep updates of different types of news, such as recently Elon Musk's company SpaceX has sold $373 million worth of bitcoins, so now it is normal that the price of bitcoin will have some effect. And the price of other cryptos will fluctuate along with the price of Bitcoin. so with some basic knowledge it is very easy to understand when to buy and sell Bitcoin or other cryptocurrency coins. It will not require any separate planning . But it is always better if you hold the potential crypto for long time


Title: Re: What is your selling plan in the bull run?
Post by: Stepstowealth on August 18, 2023, 05:35:44 PM
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
I may not be as experienced as the others about selling your bitcoins when the bull run begins, but I think that since there is an unpredictable price that the bull is expected to take bitcoin price to, it will be wise to not sell off all your bitcoins at one point, that is if you must sell. You can take the strategy of selling off little by little whilst you monitor the market. This strategy will help you make maximum profit from bitcoins as it will help you prevent the situation where you sell and then still continue witnessing the price go up.


Title: Re: What is your selling plan in the bull run?
Post by: Beparanf on August 18, 2023, 05:55:22 PM
Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Sell in tranches, I experience all the bullrun in crypto that happened after 2016 and I always sell by parts on a price that serves as resistance. Don't sell when the price keeps pumping because you might lose the opportunity to earn more. Sell whenever the trend hits a resistance and made a retest on that price.

Also selling on round number such as 40k, 50k and so on is the perfect spot to do since most of the strong resistance happened on that price level. Just do the sell gradually to maximize profit on continuos pumping market.


Title: Re: What is your selling plan in the bull run?
Post by: BIT-BENDER on August 18, 2023, 05:56:07 PM
I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

Don't me surprised that many of us Bitcoin enthusiast aren't as enthusiastic about selling as you are. The mistakes many new guys make is to think that everyone is waiting for that next bull run to sell off but mate that's not the case, I would definitely be excited about the bull run because it increases the adoption level of Bitcoin, it reaches out to those antagonizing Bitcoin that it's actually a solid thing that's here to stay.

Well you know how much you have in holding and definitely may have your Goals so you actually don't need me or anyone to tell you when to sell because no one knows how much the bull run would reach so just make up you mind .


Title: Re: What is your selling plan in the bull run?
Post by: Mr.suevie on August 18, 2023, 09:42:39 PM
OP, for you not to sell too early,it is better that you have a price target that you plan to sell and when bitcoin reaches such price then you can sell off. If you want yo know the actual time to sell,it might cause you loss because nobody can predict the price that bitcoin will reach in the next ATH. We all know that it will surpass the previous ATH but it exact price is what one is still speculating one. We all have our different price targets because what matters is that you make good profit from your investment with the bull run. My place ice target is that the moment bitcoin reaches 100k,I will sell of the portion that I have in mind to sell.
A price target is probably the best way to actually sell off during the bull run because like you have already said no one knows for sure the amount BTC will reach before the bull passes by but this certain curiosity just keeps playing in my head of your own price target of 100k. Am just curious, what if Bitcoin doesn't touches the 100k mark you intend to sell does it mean you won't sell off at 90k when you see that the price has now turned from bull rush to sudden slight dip.


Title: Re: What is your selling plan in the bull run?
Post by: lalabotax on August 18, 2023, 09:49:41 PM
I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
During a bull run, there will be hype news later which will make predictions regarding the new Bitcoin ATH price. For me personally, I will not set a price target as predicted 100%.
At least, I'll do a set at several rates. At least, at the previous ATH rate, and then gradually increase by a certain percentage to sell it. Don't be too greedy for all in one at one rate, because when it's not achieved and we try to take profits, then we'll regret it