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Other => Beginners & Help => Topic started by: JamesDaniel90 on October 23, 2023, 09:21:48 AM



Title: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 23, 2023, 09:21:48 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?


Title: Re: First bull run - how to not sell too early?
Post by: Odohu on October 23, 2023, 09:28:50 AM
Before getting into Bitcoin,  you are supposed to have your plans and targets as that will guide you in your decision making. If I may ask, are you buying Bitcoin now to sell all or part of it in next bull market? Are you buying to save for the future even beyond next bull market? What percentage of your funds did you inject into Bitcoin? Is it the part that will make you panic and would want to sell to recoup? If you answer these questions correctly, you will know exactly how to manage your portfolio and when and how much of your Bitcoin to sell when you see substantial profits.


Title: Re: First bull run - how to not sell too early?
Post by: Oshosondy on October 23, 2023, 10:52:29 AM
Any advice or individual plan when it comes to selling in bull run?
My advise is for you to make analysis of when to sell. I think bitcoin may first face the first resistance at $100000. But it might go higher if the price continue to hit $100000 over and over. I am expecting more than $100000 though.

But nobody can know what the all-time-high of bitcoin can be and which means no one can answer you accurately.


Title: Re: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 23, 2023, 10:54:28 AM
Before getting into Bitcoin,  you are supposed to have your plans and targets as that will guide you in your decision making. If I may ask, are you buying Bitcoin now to sell all or part of it in next bull market? Are you buying to save for the future even beyond next bull market? What percentage of your funds did you inject into Bitcoin? Is it the part that will make you panic and would want to sell to recoup? If you answer these questions correctly, you will know exactly how to manage your portfolio and when and how much of your Bitcoin to sell when you see substantial profits.

I do not own any Bitcoin yet only altcoins.

I only have a small amount to invest so do not see it worth it for me investing in Bitcoin for maybe a 4 or 5x return in the bull run , I want more.

I am hoping I have a good bull run with the altcoins I have and then I may look at buying a full Bitcoin at some point.



Title: Re: First bull run - how to not sell too early?
Post by: Lucius on October 23, 2023, 10:59:00 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

You still haven't learned anything from all those topics you opened and asked similar questions?

To begin with, I will tell you that no one can tell you when the moment is right, because no one has insight into the future. You have to be honest with yourself here, which means that you decide for yourself how much profit is enough for you, and if it is 100%, then you will sell then, and if you have set a higher goal, then you will wait and hope that the price will reach that point. You can reduce the risk by selling gradually as the price goes up.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

You concluded everything yourself, the choice is yours to decide if it makes sense to be happy to sell and get out what you invested - but that means that all this time was pointless. I think you are too burdened with things that should be quite simple.



I do not own any Bitcoin yet only altcoins.
~snip~

I was convinced that part of your investment was in BTC, but this statement changes the whole thing. Any discussion about altcoins should be in the Altcoins board.


Title: Re: First bull run - how to not sell too early?
Post by: ImThour on October 23, 2023, 10:59:34 AM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
That's the best signal out there to sell your stash and wait for the prices to calm down. This is what that actually worked for me in 2021 Bull Run when my friends asked me about Crypto.
And this thing will work for any X amount of years to come.


Title: Re: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 23, 2023, 11:15:02 AM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
That's the best signal out there to sell your stash and wait for the prices to calm down. This is what that actually worked for me in 2021 Bull Run when my friends asked me about Crypto.
And this thing will work for any X amount of years to come.

Thanks - this is all I am after just experience from those who have gone through bull run before.

After being in the red for so long it will feel like a win just being break even again but have to tell myself that is nowhere near where I want to be I want at least a 10x from my investment.


Title: Re: First bull run - how to not sell too early?
Post by: Winterfrost on October 23, 2023, 11:30:40 AM
I believe by now you should have a good knowledge on Bitcoin before investing. Holding or selling of Bitcoin depends on the perspective view of the investor. Bitcoin can be a store of value for most persons and this set of persons do not sell their Bitcoin because they hold it for their future. Another set of persons are the day to day traders who go into Bitcoin for sort term purposes. They are mostly considered as gamblers. Some are holders, these people buy and hold their Bitcoins for long term they do not see it as a store of value but they have a target price at their mind so they hold the Bitcoin for as long as it can take and within this period they gradually accumulate Bitcoin with strategy like DCA so tat they will have more before reaching the price target. So it depends on which side you fall under and how you trust Bitcoin for you to decide when to sell or not.


Title: Re: First bull run - how to not sell too early?
Post by: cryptoaddictchie on October 23, 2023, 11:32:53 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Well the perfect advise is be contented when you are in great profits already cash out sell it out and dont think if you sell so low. How you lll know its good to sell? I think its a matter of research. We knew the ATH price of such tokens and coin last bull run if ever they surpass it means there will be new ATH now based on charts movement and fundamental analysis if its strong then wait until you are totally satisfied then withdraw there will be series of rally which we cant fully understand how long it will last. Be observant and mindful.


Title: Re: First bull run - how to not sell too early?
Post by: BABY SHOES on October 23, 2023, 11:56:50 AM
You should be able to plan your sell target after the bullrun whether it is $100,000 or $150,000, if it is only 30% profit you should not be tempted because it is too small because you should deserve at least 100% profit of your bitcoin holding.

Of course the plan must be thought of, now it's still too long to think about a bullrun it's better to accumulate because on a general basis people say $100,000 is enough to withdraw profits the rest is up to you whether you want more or keep it longer to get through the cycle.

Tip: Always HOLD on to make sure $100,000 is the best plan.


Title: Re: First bull run - how to not sell too early?
Post by: Faisal2202 on October 23, 2023, 12:13:17 PM

I do not own any Bitcoin yet only altcoins.

I only have a small amount to invest so do not see it worth it for me investing in Bitcoin for maybe a 4 or 5x return in the bull run , I want more.

I am hoping I have a good bull run with the altcoins I have and then I may look at buying a full Bitcoin at some point.
Hmm, I thought you invested in Bitcoin, well if not, then ALTs are also a good source to make some good money but from your statements, I got the idea that you are expecting more than 4x or 5x from your investment on ALTs. I will not discourage you, but only warn you, that if you really want to make 4x or 5x then you already have a plan and you only have to follow it.

Do not fall for little profits, while you have 100% confidence that, the alt, you have invested in, can make you 4x or 5x. For example, the current market, made me $100 profit (Alhamdulillah) at first I was making $45 then $55 then $70 then $90, well when the market went to $30600, I was making $100, so I thought I should book the profit at least, because the bull run is yet to start. It has not started. So don't fall for it.

We might see BTC to retest the price range of $27,000 to $28,000. And that price range is my entry point so I made my decision and have to agree on it even if the price of BTC goes further up after booking the profit, I have to agree with it and after booking the profit we should not regret our decisions, if you think you will regret then don't take profit. Wait more, but if you think you cannot bear the regret of losing the opportunity then book the profit. That's all I can say for now, because we don't know the future.


Title: Re: First bull run - how to not sell too early?
Post by: Shishir99 on October 23, 2023, 12:48:52 PM
If your whole portfolio is only altcoins, then there is no point in holding it for a long time. If you see you recovered your loss already, sell a portion of your holdings every two weeks. If you had Bitcoin, the suggestion could have been something else. Everyone has a target I guess. I have a target that I won't sell until Bitcoin touches the 80K mark. You might have your own target.

If you reach your desired price, do not wait for a further pump. People usually hold longer expecting it will grow more and more. But the process is no infnite, it will start collapsing at some point.


Title: Re: First bull run - how to not sell too early?
Post by: Lucius on October 23, 2023, 12:58:22 PM
Hmm, I thought you invested in Bitcoin, well if not, then ALTs are also a good source to make some good money but from your statements, I got the idea that you are expecting more than 4x or 5x from your investment on ALTs. I will not discourage you, but only warn you, that if you really want to make 4x or 5x then you already have a plan and you only have to follow it.
~snip~

I am quite convinced (without going to check the OP's post history) that he always said that only part of his investment is directed towards altcoins, but it seems that he has completely changed his strategy because x4/x5 profit is not enough for him, which is a bit illogical to me personally, but again on the other hand, I understand that some people want at least x20 or more, and they doubt that they can achieve it by investing in Bitcoin.

Without going into what exactly the OP invested in, it is possible that he will profit in the next bull run because altcoins usually follow Bitcoin, although we have witnessed that sometimes there are exceptions. In the last 7 days, BTC is up about 10%, the next coin is only a little more than 5%, and all the others in the TOP 10 (with one exception) achieved a smaller price increase.


Title: Re: First bull run - how to not sell too early?
Post by: Zigabel on October 23, 2023, 01:57:36 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
Firstly it's important to know that next year is not the actually bull run rather what will be happening will be the halving of Bitcoin which will in turn induced a heightening in the price of Bitcoin because the halving will reduce the total amount of Bitcoin Available for circulation which will cause so many to keep Holding, a case of demand and supply causing inflation, this is exactly what will happen from later part of this year till a greater part of next year.

After the halving there will be a relative scarcity of Bitcoin which will lead to the continuous increase in price also known as the bull run or bull market. This will take part from later part of next year till early part of 2025 after which investors would have made a lot profit from holding, some 100% and above profit, in oder to bring this profit to reality they would begin to sell off their assets to realize the money physical and invest in another business probably, it's at this point when the bigger investors must have sold off their assets, we will now experience a gradual fall in price and know the the bear market is setting in, with this piece of advice applied with some patience and discipline I think you would make it better with your portfolio, anyways this is not a financial advise (DYOR).


Title: Re: First bull run - how to not sell too early?
Post by: Doan9269 on October 23, 2023, 02:04:23 PM
Any advice or individual plan when it comes to selling in bull run?

It is very important that we should know this that we aren't yet in the bullrun season, the market may be going bull for now that things are pumping well and as expected, we should also bear in mind that anything can happen at any time and we see little of bear market than we expect before we eventually launch in for the bullrun drive after next year halving, now is just a period that the market is in favour of traders and not even the long time holders because we are faraway from bitcoin all time high of $68,000 and we expect the market to continue pumping like this till we get to where we are heading gradually.


Title: Re: First bull run - how to not sell too early?
Post by: Distinctin on October 23, 2023, 03:31:52 PM
The only way to avoid temptation and not to sell very early, then forget about your bitcoin investment. Do not monitor the price too often and hold your coins by not setting any target when to sell. That way, you won’t be bothered by any market crash or when the price has surge high in an instant.

However, keep updated with the market and never stop from doing continuous research. When you see that the market is bullish, and bitcoin price has reached another all time high after the bull run, then you can decide to sell your bitcoin in order to gain maximum profits. It’s up to you if you’ll sell them all or only a portion of them. Just stick to your goal why you invest in the first place so you won’t be making regrets in the end.


Title: Re: First bull run - how to not sell too early?
Post by: Frankolala on October 23, 2023, 03:32:21 PM
OP, since you don't have any bitcoin yet, I guess that you should move this topic to the altcoin board. You shouldn't expect anything much from your altcoins, and it is better that you sell them when the price pumps and quickly invest it into bitcoin. This is because it is only bitcoin that has the potential to give you good profit during the bull run.

Like others have said before, if you invest in bitcoin, you should have a price target i.e the price that bitcoin will reach before you will take profit, so that you don't get carried away with the anxiety and miss out the ATH price of bitcoin, to avoid regrets and selling your bitcoin when it hirs the bear. After the bull market, comes the bear market.


Title: Re: First bull run - how to not sell too early?
Post by: yudi09 on October 23, 2023, 03:48:06 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Don't often open sites or applications to see price charts.
Set a solid mindset that if you sell today then you will lose because your goal is to make a profit.
Stay away from news and information that makes your feelings of anxiety increase. Usually FUD is spread to make market prices fall.
When the price has reached your desired profit target, the decision to sell is made.


Title: Re: First bull run - how to not sell too early?
Post by: m2017 on October 23, 2023, 04:28:45 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
I probably won't say anything original, but I think you should know it.

- Don't try to “catch” peak prices in order to sell for maximum profit.
- Sell in several stages in parts in order to average the price indicators, because the first point (above) is almost impossible to implement.
- Choose several levels of price indicators at which you will sell bitcoin and do it at these values. That is, draw up a sales plan.


Title: Re: First bull run - how to not sell too early?
Post by: $crypto$ on October 23, 2023, 04:55:01 PM
I do not own any Bitcoin yet only altcoins.
I only have a small amount to invest so do not see it worth it for me investing in Bitcoin for maybe a 4 or 5x return in the bull run , I want more.
I am hoping I have a good bull run with the altcoins I have and then I may look at buying a full Bitcoin at some point.
You're risking with more risky altcoins, but I know it's your right to choose which ones you want.
Even if the amount invested is small, is it okay to choose bitcoin? But you just want more profit maybe 10x or 20x but you have to be good at choosing altcoins otherwise you will be stuck in the wrong altcoin in the sense that it does not pump big later.
I think you have to determine the target profit ... If you want more then wait until the bullish arrives.


Title: Re: First bull run - how to not sell too early?
Post by: Zanab247 on October 23, 2023, 05:02:19 PM
Quote from: JamesDaniel90
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Anything can still happen before the end of this year OP becaus, the price of BTC is still on spend to surprise people like you that feel bull run will not show up this year so that you will enjoy your first bull that will increase your moral to invest more on BTC when the bear occur again. If you don't want to sell early just apply long holding and, it will help you to break some fear that is affecting you not to be part of those that is enjoying bull season.


Quote
Any advice or individual plan when it comes to selling in bull run?
Never you rush to sell your coins when the bull is not yet mature in the market like what is about to happen soon, that will make both long and short holders to smile again. once the price of BTC hit $50k many holders mindset is to sell immediately not knowing that the price will continue increasing till next year before it will decrease down and, it will cause them pain because they didn't exercise patience at the moment


Title: Re: First bull run - how to not sell too early?
Post by: BitcoinPanther on October 23, 2023, 05:22:48 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

It is obvious that we should hodl and have patience.  Halving is yet to come but the market is starting to uptrend, if you are still at a loss, there is nothing you can do but to wait for your investment to profit.  I do not know when you had purchased your Bitcoin but it was predicted that a year after halving Bitcoin often break its ATH so I believe you have to endure the temptation of selling your Bitcoin for another year after the halving event happen.

You can try to day trade but it is not advised for an individual who don't have enough knowledge on trading since there is a risk that you might sell at a loss and fail to repurchase if the market move against your expectation.


Title: Re: First bull run - how to not sell too early?
Post by: HONDACD125 on October 23, 2023, 05:52:45 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

I think first of all you should look at your investment how much you have invested in which coin. It is not necessary that all the coins you bought will be pumped as soon as the bull season starts. Some projects may give you quick profit, and some projects grow late. If you get a good profit, you can sell the crypto currency. How can your portfolio be down 50 percent if you have only seen a bear market in the crypto currency market so far?

Now that the market is recovering and your portfolio is still in losses, This means you've bought as soon as bear season starts . some people start buying as soon as the bear season starts and some people start selling as soon as the bull season starts. Therefore, it is better to be patient and wait for the right time and opportunity where you get a chance to sell at a good profit.


Title: Re: First bull run - how to not sell too early?
Post by: ZAINmalik75 on October 23, 2023, 06:40:22 PM
If your whole portfolio is only altcoins, then there is no point in holding it for a long time. If you see you recovered your loss already, sell a portion of your holdings every two weeks. If you had Bitcoin, the suggestion could have been something else. Everyone has a target I guess. I have a target that I won't sell until Bitcoin touches the 80K mark. You might have your own target.

If you reach your desired price, do not wait for a further pump. People usually hold longer expecting it will grow more and more. But the process is no infnite, it will start collapsing at some point.
I will not give him such a suggestion to sell after every two weeks, even if we are talking about Alts or talking about BTC. And his portfolio is still down 17%, which means, he is not in the position to book some of the funds, instead, he should wait further because the overall market will come down again to retest its supports and at that time OP will think he should have booked his investment even at 17% down.

But, look at the bigger picture, which is to hold those funds for a longer period of time, if OP will abled to do that, he might be making 3x or 10x on his investment, because BTC has the potential to give the maximum of 3x and minimum of 2x but in alts, we can make 10x if we have chosen the right one.

Now all the game revolves around the alt token that OP has selected for holding purposes, and the best way for OP to avoid getting thoughts of booking profit is to move funds from exchange to some non-custodial wallet, where you cannot trade them quickly. For example, if you will move funds to the Trust wallet, then to make trades you will have to send funds again in Exchange which will cost you some fee and you might not want that.


Title: Re: First bull run - how to not sell too early?
Post by: decodx on October 23, 2023, 07:02:18 PM
We all want to know the perfect moment to cash out for maximum profits.  The frustrating truth is there's no magic number or crystal ball to predict what the markets gonna do next.  At the end of the day, it comes down to you and what you're comfortable with and   

first, take a good look at your goals.  How much of a profit are you really hoping for here? Have you decided on a target number that you'd be happy with - say doubling your investment? If so, then maybe take those gains and run when you hit your goal.  But if you have bigger dreams then strap in for a longer ride and see how high this thing can go.  Patience pays off sometimes in crypto world. 

That said, it never hurts to lock in some profits while still leaving yourself room for more potential growth.  Many savvy investors use a strategy like this to balance taking profits and chasing further gains.  Do what feels right for your situation.  Just be honest with yourself about what you want and dont get too greedy waiting for the perfect exit.  The reality is there's no perfect time - you've just gotta pull the trigger when the time feels right for you.


Title: Re: First bull run - how to not sell too early?
Post by: Sophokles on October 23, 2023, 07:21:09 PM
There are no set rules to identify the bull market peak but there is some common behavior in the market that appears every bull run. Usually in the bull market money flows from bitcoin to major altcoins, then mid rage altcoin and at last to low cap altcoin. When this scenario appears, the whole market sentiment becomes overconfident and you will see every influencer and their youtube channels making positive video about bitcoin. You will see overconfident to the market and whale use this time to crash the market to trap new investor at the peak.


Title: Re: First bull run - how to not sell too early?
Post by: cheezcarls on October 23, 2023, 08:47:15 PM
Holding BTC is the best bet for the upcoming bull run, but always have to set realistic targets on the price that you wanted to sell your Bitcoin.

As I am doing DCA (dollar-cost averaging) on Bitcoin, I do not really mind about the price movements as I'm thinking long-term with it rather than day trading.

If I want to sell my Bitcoin, I would only sell the profits and keep the capital when it has reached the targeted price that I want and not being so greedy. So as of today, it's not a good idea for me to sell early yet as I am still within the break-even price during the first few months of doing DCA.

My mistake years ago was giving up on BTC for the most of 2020 when I converted it to USDT at the time it's price was just $12k. A month later BTC went wild skyrocketing to beyond $20k and up to $30k before Elon Musk came in and the price went to as much as almost $70k before getting crashed.

The decision would be always on our instincts no matter what and not in the hands of others.   


Title: Re: First bull run - how to not sell too early?
Post by: Rikafip on October 23, 2023, 08:54:48 PM
Any advice or individual plan when it comes to selling in bull run?
Nothing we say now won't mean much once bull market starts. Instead worrying about selling too early, more common mistake is selling too late (if your plan si to cash out) so try to focus on that part.


Before getting into Bitcoin,  you are supposed to have your plans and targets as that will guide you in your decision making.
Its one thing to plan something, and entirely different thing to actually act on it. As someone who went through several bull runs, I can tell you that exactly 0 times I acted as I planned before. Thing is, before every bull run I set some targets at which I plan to sell part of my bitcoin stash but every single time I sold way less than I supposed to and chances are that the same thing will happen next time as well.




Title: Re: First bull run - how to not sell too early?
Post by: tabas on October 23, 2023, 08:55:47 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
I doubt it that you can avoid the temptation whenever you see the price goes on high. Selling too early is fine as long as the price you're about to sell is a profit already for you. But if you insist then all you need to do is set a price and then stick to it just for you to follow that plan of yours of not selling too early. You will learn it on the process when the actual bull run comes because excitement is there, the happiness that your portfolio has grown a lot is there and you'll be happy to sell it and if ever you do just think that you're satisfied from doing so. No regrets when you sell and you think of the important thing you'll buy next from the profit you make from this bull run.


Title: Re: First bull run - how to not sell too early?
Post by: avp2306 on October 23, 2023, 09:39:32 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Just don't focus about to sell early since its more better than selling late. Let your experience be so good and don't let yourself feel greedy for wanting for more profit since there are so many people experience a huge loss for that situation where instead they already gained their profit it turns out that they are losing because they are late to take their profit then suddenly bearish condition occur or what other call correction time is replacing the hype.

But if you wanna feel or test out this bull run and can able to handle some certain pressure then you can able try what would happen on your investment next year for experiment then feel the people sentiments so that you would provably got an idea on where is the right time to execute this sell orders and get out while market is in bull run.


Title: Re: First bull run - how to not sell too early?
Post by: Natalim on October 23, 2023, 09:52:37 PM

Any advice or individual plan when it comes to selling in bull run?
You can do this...
 - have a target price - tried to set at $60k
 - be patient as we still need to wait 1 year or even more
 - don't get fooled by the FUD's

It is all about how we make an approach to the current situation. All we have to think is that the next bull run is possibly high compared to the previous price, so we already have an idea of when to sell. But of course, we don't need to wait for the ATH because we never know when it comes. It is enough for us to earn a profit rather than be greedy but the consequence is we also miss the pump.


Title: Re: First bull run - how to not sell too early?
Post by: LogitechMouse on October 23, 2023, 10:09:15 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Self-control, discipline, patience.

Do you think that there's some kind of tips that we can share to you, and you'll just follow it? No it's all learning how to make yourself better. Being discipline enough will make you more patient, and that will also make you stick to the plan that you made... that is you have plan with regards to selling during the bull market.

Any advice or individual plan when it comes to selling in bull run?
Having a selling targets would be a good strategy, and since I will also sharing it when bull run starts, might as well share it with you.

Put prices where whenever it reaches that price, you will sell a portion of your holdings. I think there's no need to further explain it. Just have 3 or 5 selling targets, and don't sell it at once or else, you might lose the opportunity to earn more profits if Bitcoin's price goes up even further. If there's DCA in buying, there's also DCA in selling. That'll do especially if you're a newbie.


Title: Re: First bull run - how to not sell too early?
Post by: Odohu on October 23, 2023, 11:51:30 PM

If I want to sell my Bitcoin, I would only sell the profits and keep the capital when it has reached the targeted price that I want and not being so greedy. So as of today, it's not a good idea for me to sell early yet as I am still within the break-even price during the first few months of doing DCA.
This is exactly what I referred to as having a plan and targets. Personally, I am looking more on the quantity of Bitcoin I plan to own at certain stage in my life and I'm not much bothered by the price. I am also applying DCA to accumulate to that target. There will be no time in my life that I will stop owning Bitcoin as Bitcoin will be one of the things I pass to my heirs.

Before getting into Bitcoin,  you are supposed to have your plans and targets as that will guide you in your decision making.
Its one thing to plan something, and entirely different thing to actually act on it. As someone who went through several bull runs, I can tell you that exactly 0 times I acted as I planned before. Thing is, before every bull run I set some targets at which I plan to sell part of my bitcoin stash but every single time I sold way less than I supposed to and chances are that the same thing will happen next time as well.
What can we say is the reason you could not follow your plans in each of those bull run? I feel that if someone plans to own Bitcoin 2024, 2028 and beyond, this will guide your decision making as regards selling in 2024. One option could be to sell some portion when you are convinced price has peaked and leave the rest to run. Another option could be never to sell if you don't have needs of the fiat or feel you cannot replenish your portfolio when there is retracement.. there are people that will go with this option. So, I still feel it is all about planning and we should do our best to follow the plan irrespective of the urge to deviate.



Title: Re: First bull run - how to not sell too early?
Post by: TimeTeller on October 23, 2023, 11:59:41 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Self-control, discipline, patience.

Do you think that there's some kind of tips that we can share to you, and you'll just follow it? No it's all learning how to make yourself better. Being discipline enough will make you more patient, and that will also make you stick to the plan that you made... that is you have plan with regards to selling during the bull market.

Any advice or individual plan when it comes to selling in bull run?
Having a selling targets would be a good strategy, and since I will also sharing it when bull run starts, might as well share it with you.

Put prices where whenever it reaches that price, you will sell a portion of your holdings. I think there's no need to further explain it. Just have 3 or 5 selling targets, and don't sell it at once or else, you might lose the opportunity to earn more profits if Bitcoin's price goes up even further. If there's DCA in buying, there's also DCA in selling. That'll do especially if you're a newbie.

Know your targets well and the reasons why you are aiming such price level and assess if you can afford waiting for such period.
The very reason why most are selling and breaking their goals is that they are being left behind when fud attacks or they have urgent needs with their funds.  
People panic and so they sell because of their worries about what will happen to the market. Not remembering why they are here in the first place.
Every once in a while, evaluate your financial situation, this will help you decide whether you need to sell early or not, or follow your targets.


Title: Re: First bull run - how to not sell too early?
Post by: Catenaccio on October 24, 2023, 01:22:04 AM
Take profit when you see the price line of Bitcoin starts to be heated up to the red bands of Mayer Multiple Bands.

https://charts.bitbo.io/mayer-bands/

You might not know where is a new all time high, a highest price of 2024 and 2025 bull run but if your plan is only take profit in a next bull run, don't want to miss it, don't want to wait till 2028 or 2029, you might consider to take profit with price in red bands.



Title: Re: First bull run - how to not sell too early?
Post by: lienfaye on October 24, 2023, 01:50:34 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Just have plan on what price you want to sell your coins. Control yourself not to monitor the market often, so even we're already in bull run you can refrain yourself from selling. However, don't be greedy because you might missed the right time to sell. Next thing you'll know the bull season is already over.

I do not own any Bitcoin yet only altcoins.
Well in this case, if you had the chance to take profit don't hesitate to sell. I thought we're talking about Bitcoin here because alts are more risky. You're not even certain if the alts that you currently hold are able to bounce back once the bull run is there. Thus, just sell if you made profit already, then next time, prioritize buying Bitcoin.


Title: Re: First bull run - how to not sell too early?
Post by: Pandu Geddon on October 24, 2023, 01:55:11 AM
Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

What is your real purpose in holding assets when your target is just to break even? Are you too afraid when you can't see your investment making a profit? all you need is patience and don't be tempted by the break-even target. Make a profit target, even if it's not big. but try to be consistent with your target.
If you give up just returning your capital, it means there is no point in putting your money in your investment assets. you just waste your time to put your money to sleep without progress.


Title: Re: First bull run - how to not sell too early?
Post by: Patrol69 on October 24, 2023, 02:50:30 AM
It is normal to want to sell your investment if you get some profit in the investment but you should not be greedy if you want to make more profit then you have to be patient enough. For long-term investing, you set a target, and no matter how the market moves, you never sell your investment until your target is met. If you want to see the profit or loss of your investment after a while, then you should logout your invested exchange account and refrain from watching the market for a few days. When you stop watching the market for a few days, it will become a habit and you will be able to hold your investment as long as you want. It seems to me that this is the early stage of Bitcoin price growth and we have better times ahead of us.


Title: Re: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 24, 2023, 09:06:20 AM
OP, since you don't have any bitcoin yet, I guess that you should move this topic to the altcoin board. You shouldn't expect anything much from your altcoins, and it is better that you sell them when the price pumps and quickly invest it into bitcoin. This is because it is only bitcoin that has the potential to give you good profit during the bull run.

Like others have said before, if you invest in bitcoin, you should have a price target i.e the price that bitcoin will reach before you will take profit, so that you don't get carried away with the anxiety and miss out the ATH price of bitcoin, to avoid regrets and selling your bitcoin when it hirs the bear. After the bull market, comes the bear market.

How can you say that?

Bitcoin is great for those who have a decent amount of money to invest and want a 4 or 5x but for the normal person like myself we want more then that.

Some altcoins will not make it to the bull run but many will and many will see much better returns then Bitcoin will over the next 18-24 months.


Title: Re: First bull run - how to not sell too early?
Post by: libert19 on October 24, 2023, 10:00:46 AM
DCA out, you sell certain percentage of coin at different price points. Aside from that, I've held coins having significant gains until they turned to dust, from that point of view selling at any price point sounds like good idea, just remember to sell, don't get freezed with gains and do nothing.

I know you gonna make huge gains, good luck.

You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.

Lmao


Title: Re: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 24, 2023, 10:34:49 AM
Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

What is your real purpose in holding assets when your target is just to break even? Are you too afraid when you can't see your investment making a profit? all you need is patience and don't be tempted by the break-even target. Make a profit target, even if it's not big. but try to be consistent with your target.
If you give up just returning your capital, it means there is no point in putting your money in your investment assets. you just waste your time to put your money to sleep without progress.

I did not say my target is break even. My target is to at least 10x my portfolio.

I said getting back to break even will feel big for me as i have spent all of my crypto journey up till now at a loss.


Title: Re: First bull run - how to not sell too early?
Post by: Rockstarguy on October 24, 2023, 11:09:35 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
You have a target, you just need to try your best as possible to meet up your target. You need to try your best of getting another source of income, this will help your investment in bitcoin be  and depending on it when you are out of money can make you to sell of your bitcoin . I think the problem people normally have investing bitcoin is when they are so desperate of profit and predicting when the bull will take place it makes them not to be able  to exercise patience when all predictions fails to take place.


Title: Re: First bull run - how to not sell too early?
Post by: Stable090 on October 24, 2023, 11:42:09 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

By now, you should know when there is a bull run, nobody knows how high bitcoin will be going, and when there is a bear market, nobody knows how low bitcoin will be going. Best thing is to do your analysis and know when to buy and when to sell. I just believe that’s the best. You might be thinking bitcoin has gotten to the top but will still end up going higher, but what I will recommend to you is that when you are selling your bitcoin, don’t sell it all at once, just divide it and sell it in parts.

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

I don’t know the strategy that you used in accumulating your coin during the bear market. I would have recommended that you use the same strategy when selling during the bull run, but maybe you just accumulated your coin at once. But no one can tell you when to sell your coin during a bull run, you can just sell in parts, just as I mentioned earlier, or whenever you are satisfied with the profit, you can just sell.
 
But you also have to know that you won’t be able to sell your bitcoin at the highest price because nobody knows how high bitcoin will go, so even after selling, always expect your coin to pump more, every decision is left for you to take.


Title: Re: First bull run - how to not sell too early?
Post by: CryptopreneurBrainboss on October 24, 2023, 11:48:16 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

Well we don't know what your target is for the bull market and what price you're expecting to take profits so our advices will be based on what will be doing ourselves and not you. Just take some tips from us and come up with a strategy of yours. To begin my tips I'll say, don't believe any prediction you see online. People mostly speculate based on how it favors them and not the public, we still have those speculating the bottom of the market to be $15k and they could be right or wrong but from the looks of the market it seems we have already tasted the bottom of the bear market. This is the same way people will be speculating an unrealistic price when the bull market starts but don't listen to them.

If you're good with charts you can interpret the market yourself but if you're not good then you can sell when you're in profits. To me it doesn't really matter which price you sell but if you're in profits then you had a successful trade. There'll always be more opportunities to make more profits in the future when you reinvest but if you're still not certain on selling then continue holding and wait for the future because there's going to more profits from where the price increase is coming from. Also you can have other Bitcoin that you can sell for profits when the market has given you enough gains and then have other stash of Bitcoin for long term holding.


Title: Re: First bull run - how to not sell too early?
Post by: Shishir99 on October 24, 2023, 01:07:11 PM
I will not give him such a suggestion to sell after every two weeks, even if we are talking about Alts or talking about BTC. And his portfolio is still down 17%, which means, he is not in the position to book some of the funds, instead, he should wait further because the overall market will come down again to retest its supports and at that time OP will think he should have booked his investment even at 17% down.

I am not sure if you read the full post I wrote. I know he has not recovered yet. But I said If you recover your loss, start selling after every two weeks. It's like DCA which won't give him much profit, and he won't lose much as well. I am always afraid of alt coins. I cannot give any guarantee that a specific alt coin will be in the same price range after a week.

Most alt coins are centralized and the developers can manipulate the market which is the reason I do not trust them. An altcoin can be down almost 90% in a week. So, I don't know what else could be a good decision.


Title: Re: First bull run - how to not sell too early?
Post by: tvplus006 on October 24, 2023, 01:23:37 PM
...Any advice or individual plan when it comes to selling in bull run?

You should understand that it is impossible to sell your coins at the highest price, as well as to buy at the lowest. And in this case, you do not need to experience Foma that you have not fully realized the goal. The only correct recommendation would be to fix the profit in parts. The main result should be a profit, the value of which you would be satisfied.


Title: Re: First bull run - how to not sell too early?
Post by: Gallar on October 24, 2023, 01:48:24 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
~Snip
If you don't want to sell your crypto assets at a price that might be said to be too early or still in the context of potentially experiencing another increase, the key is simple, namely that you only need to have a definite sale (target). Because having a definite price target will make it easier for you to take profits and won't make your mind confused or doubtful when you want to sell your crypto assets. Because if you don't have a target price for selling the crypto assets you own, you will definitely tend to be even more confused when you want to sell them. For example, afraid of selling assets too early or afraid of missing out on sales because the price of crypto assets is afraid of falling again. However, if you already have a target price, of course you won't be confused when you want to sell your crypto assets. Because you already have a definite goal.

In addition, when the market is bullish in the crypto market, the price of each coin usually tends to experience quite a high price increase. However, my advice, when the bull market comes, what you have to watch out for is greed. Because many have proven that greed usually has a big potential to damage or cause crypto investors to experience losses. Therefore, if for example one day you have made a profit from your crypto investment and the price is in line with your initial target, it would be a good idea for you to immediately sell the crypto asset. Because if it is not sold, the worst possibility is that the price will drop again. And in the end it will work against you.


Title: Re: First bull run - how to not sell too early?
Post by: Z390 on October 24, 2023, 02:26:36 PM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
That's the best signal out there to sell your stash and wait for the prices to calm down. This is what that actually worked for me in 2021 Bull Run when my friends asked me about Crypto.
And this thing will work for any X amount of years to come.
So how many new friends are you getting per year? I don't expect the same old friends that asked you this question to come back in the next bull market to ask the same question, they would have learn, anyway, never mind.

I think it's better to have your taking profit strategy in place, there is one thing that stands out for me looking at the past chart history of Bitcoin, and it shows that Bitcoin always go higher than it's previous all time high, so I think it's safe to start taking profits somewhere a bit over 70k or more, and also be alert on what's happening with the market.

Move people are in huge profits in 2021 bull market and they failed to take their profits because they thought the price will still go up, this is why I don't like to relax when I am already in profit, take them while they surge continues, it's better than sitting on your hands and end up riding the fall back down again.

Remember that it takes years to see another bull market again, it will be painful to not take profits at all and see another bear market take place again.  


Title: Re: First bull run - how to not sell too early?
Post by: Rikafip on October 24, 2023, 02:30:30 PM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
Lol that's a good one! I would just add that you shoulnd't sell to your friends at that point as it may get ugly once bitcoin price goes into correction.  ;D



I did not say my target is break even. My target is to at least 10x my portfolio.
If that's your target, then I think it will take you a little bit longer than the next bull run to get that kind of return. Unless your average entry price is much lowet than the current one. What I would advise you though is not to try sell all at once at some imaginary prcie but instead sell certain percentage of portoflio at certain levesl. Well, at least that's what I am doing every bull run.


Title: Re: First bull run - how to not sell too early?
Post by: G_Besar on October 24, 2023, 03:23:39 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Actually, there are always special tips to avoid every temptation that comes to us, but I don't know what kind of temptation you are facing right now. Because if the temptation is not to sell too early, you just need to ignore the small profits and not panic when prices continue to decline in the assets you own. But if you have Bitcoin that you bought this month or last month at a fairly low price, perhaps today you have seen a slight win with the Bitcoin price increasing.

Quote
All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.
Today you can see the increase in prices in the market, which is especially true for most cryptocurrencies including Bitcoin, so you don't need to worry about bearish conditions which only occur temporarily. Because an increase like what happened today is still possible to continue to happen in the future which generally often happens with Bitcoin, but I also don't know what cryptocurrency you are holding right now.


Title: Re: First bull run - how to not sell too early?
Post by: JamesDaniel90 on October 24, 2023, 03:56:35 PM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
Lol that's a good one! I would just add that you shoulnd't sell to your friends at that point as it may get ugly once bitcoin price goes into correction.  ;D



I did not say my target is break even. My target is to at least 10x my portfolio.
If that's your target, then I think it will take you a little bit longer than the next bull run to get that kind of return. Unless your average entry price is much lowet than the current one. What I would advise you though is not to try sell all at once at some imaginary prcie but instead sell certain percentage of portoflio at certain levesl. Well, at least that's what I am doing every bull run.

Why? Many altcoins done a 50x , 100x or even 200x last bull run - I only want a 10x which won't take much in some of the coins I am holding.


Title: Re: First bull run - how to not sell too early?
Post by: Rikafip on October 24, 2023, 04:10:05 PM
Why? Many altcoins done a 50x , 100x or even 200x last bull run
Well, since we are not in altcoin section I assumed that we are talking about bitcoin and not altcoins. And yeah, its true that many altcoins made much more than x10 in the last bull run but it only happened over very short period of time.

I gave up on altcoins ~5 years ago as I coulnd't bother to check price obsessively for months in order to sell on time because if you miss that short window you will end up being a bagholder.


I only want a 10x which won't take much in some of the coins I am holding.
Much easier said than done, especially if its your first bull run and you can basically forget about selling on time unless you are incredibly lucky. You will see what I am talking about once things start pumping like crazy.


Title: Re: First bull run - how to not sell too early?
Post by: TakeItEasy on October 24, 2023, 06:28:06 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Bitcoin is now at a better price and If you want to invest, you can take it a step further.  The $35k price is good as before it was $26k, so still can take an entry as many are saying it will go to $40k. But we can just take suggestions from others although we have to look at our strategies. That is what is suitable for us and what is the best price to take an entry. To get up your portfolio, you should start day trading with the investment you hold.
As previously you are also at a loss, so I don't think that holding in here will be a better choice for you. You can go for day trading but that should also be in coins like Bnb, Ethereum, etc. Not in the meme coins and if you are a good trader you can go for the bitcoin if you have a bigger portfolio indeed.


Title: Re: First bull run - how to not sell too early?
Post by: suzanne5223 on October 24, 2023, 11:29:40 PM
Next year will hopefully be the start of the bull run
The bull market always starts at the Q4 of the year before the Bitcoin halving year. Most of the BTC enthusiasts believe it always started in October and that's the reason behind the slogan "Uptober" used in the market today.

and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
The best way to avoid temptation starts with
1 Having a plan (set a goal) for your BTC investment
2 Always use the DCA method to invest so you won't invest the fund that's meant for something else that could make you sell early or at a lost price.
3 Keep your BTC in a non-custodial wallet because you're technically not the BTC owner if not keep it in a non-custodial wallet.

I want to have a plan in place for when the bull run returns.
The bull run has already returned, and the giant investment organization (BlackRock) is pumping funds into the BTC market. All you can do now is follow the advice I provided above.


Title: Re: First bull run - how to not sell too early?
Post by: hatshepsut93 on October 24, 2023, 11:43:14 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

What is "too early"? It's unrealistic to expect that you'll be able to sell exactly at the top, because the top exists only for a few hours and it could be that you'll miss this opportunity because you're unable to trade at that moment, or because the price crashed while you were deciding.

It's reasonable to expect that the price will break past the previous ATH, and after that the bull market will last for some time. The longer you delay selling, the bigger price you'll get, but keep in mind that the bull market ends with a very fast crash. In the past market, you could sell for $50k while it was going up, or for $50k while it was going down. But selling for $69k was quite unrealistic.


Title: Re: First bull run - how to not sell too early?
Post by: Popkon6 on October 24, 2023, 11:56:47 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Bitcoin should not be sold during this small bull run, as a bigger bull run awaits. Now if you sell out of your portfolio you can definitely face losses. That's why this little bull run won't last long at the moment, and the price of Bitcoin is likely to drop significantly. So you keep waiting for future bull run because you will be more profitable and your portfolio will be bigger. And you learn to hold Bitcoin for a long time.



Title: Re: First bull run - how to not sell too early?
Post by: JunaidAzizi on October 25, 2023, 04:58:49 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

It totally depends upon your situation and our advice will Only fit if it aligns with your strategy. first of all you should make a goal in your mind that how much profit you would like. Your holding strategy will also help you because the more you could hold the higher the chances of profit. we will see many up and down in this duration but if we already have a selling target then we would not panic with short time market bearish. normally I think our goal should ne 2x and if we could wait then 4x is best option.


All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

I think you started learning crypto very late this why you have not seen a bull market. don't worry bear market almost over and we already entered in first phase of bull and hopefully we will see long time bull market this time.


Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Would you like to tells which coins you have invested. sometimes we invested in coins which are trend based and price not increased with bull market so we have to wait long.


Title: Re: First bull run - how to not sell too early?
Post by: Belarge on October 25, 2023, 08:47:58 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
Bear season is essentially meant for investing, that's the period we bagged promising coins for the purpose to triggered sell button when the bull finally arrives. There's nothing so special about the system, rather we should keen on making corrections of our past mistakes and keep pushing for excellent results. Selling in the bull run is a good plan and also a golden opportunity because not all traders are opportune to reap significant profits in the system. Like I often do, place some advise to my colleagues who are into the crypto space with me, "Don't be a rush to sell and also not be a hurry to buy" these statement alone have saved most of my colleagues and myself from regrets and it's quite supportive to know about it in the system.


Title: Re: First bull run - how to not sell too early?
Post by: Outhue on October 25, 2023, 09:02:27 AM
Some people have the right tools for tracking the top and the bottom of the market and they have been using such tools for years, I know these tools are subscription based, maybe monthly or so that's why they aren't available for millions out there, also if its widely available, how will they make profit out of others because all decisions will be the same.

There is one I know called blocknode or something similar, where it display the top of the market and the bottom, it's very accurate as it shows the past market cycle too, I believe this isn't any form of prediction, it's too accurate.

For average investors that don't have the right tools it's better to make up your minds and think about what you want in this market, a 10x or 30x? Then work accordingly to making that dream come true, normally I don't expect more than a 5x from Bitcoin, so I will be taking profit from that range, or even under, but for altcoins I will definitely be making more, since you will have more than one asset in your wallet, you can decide to take profit starting from every 10x es.

You can leave some for 20x profit taking and so on, just have a strategy before bull market gets here.


Title: Re: First bull run - how to not sell too early?
Post by: Renampun on October 25, 2023, 11:24:45 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Selling during a bull market is not an easy decision especially if you only have a few bitcoin that you hold, so you have to have other stable income out there so that you don't have the excuse of being short of money to sell the bitcoins you have during a bull market.

but a little advice from me, if you really want to sell the bitcoin you hold then sell it little by little, for example you sell 35% at the beginning but when the bullishness persists you do another 35% second sale of the asset you own. In conclusion, don't sell all the Bitcoin you have during a bullish market.


Title: Re: First bull run - how to not sell too early?
Post by: Yaunfitda on October 25, 2023, 12:17:10 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
Well just wait for it, I mean in 2017 Bull run, the ATH was December, and in the last bull run, is was November. So somewhere along that month, maybe in 2025, we will see a new all time high. Maybe it's 6 digit so who knows.

So I guess with that, just continue to HODL and mentally tough not to sell early. The best time to sell would be November-December in my opinion.

And I remember on the last bull run, it hits $50k+ and everyone says that it's the all time high already. But it continue to grow, just saying. Or if you wanted to, then sell some if you need to and not wait and time the market for the new all time high.


Title: Re: First bull run - how to not sell too early?
Post by: Peanutswar on October 25, 2023, 12:47:14 PM
It's your first bull run and this ride can be stressful with the market volatility, better to make a plan with your investments, are you willing to join the hodl team or keep active in trading whats your preferences.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

You still have your unrealized loss because you are still holding your assets once you sell those into other currencies that's considered a loss, it's good if you keep holding your assets and wait for the next year all all-time high.


Title: Re: First bull run - how to not sell too early?
Post by: AakZaki on October 25, 2023, 06:29:14 PM
Bitcoin is now at a better price and If you want to invest, you can take it a step further.  The $35k price is good as before it was $26k, so still can take an entry as many are saying it will go to $40k. But we can just take suggestions from others although we have to look at our strategies. That is what is suitable for us and what is the best price to take an entry. To get up your portfolio, you should start day trading with the investment you hold.
As previously you are also at a loss, so I don't think that holding in here will be a better choice for you. You can go for day trading but that should also be in coins like Bnb, Ethereum, etc. Not in the meme coins and if you are a good trader you can go for the bitcoin if you have a bigger portfolio indeed.
Buying bitcoin for a long-term portfolio would be better, I have been buying bitcoin and accumulating it since the price was below $20k and it has provided quite good profits until now. The target I want to achieve is still quite far away, $40k is still very minimal and it will still happen at the end of the year or next year. To do daily trading I also use BNB and ETH, it is only to support my daily profits and for the long term it remains Bitcoin.


Title: Re: First bull run - how to not sell too early?
Post by: Vaculin on October 25, 2023, 07:19:38 PM
You do not sell until and unless your co-workers who never knew about Crypto are asking you or searching on how to buy Bitcoin or how to invest in Cryptocurrency.
That's the best signal out there to sell your stash and wait for the prices to calm down. This is what that actually worked for me in 2021 Bull Run when my friends asked me about Crypto.
And this thing will work for any X amount of years to come.
Well, people who have no idea about bitcoin will definitely come in rushing to invest in bitcoin when they see the market is very bullish and the price is inevitably surging high. For them, it's certainly not the right thing to enter the market, but for you its' the perfect time to sell for you to achieve massive profits. Knowing when to sell and knowing when to hold still is very crucial in the market because that only means that you understand well the type of investment you enter, and not because you are just riding with the hype.

However, its for you to decide whether to sell them all or hold continuously a portion of your bitcoin investment knowing it will be another all time high for the next bull run. But you can actually decide to sell them all and just buy back again when the market has eventually return to its bearish season.


Title: Re: First bull run - how to not sell too early?
Post by: TakeItEasy on October 25, 2023, 07:45:30 PM
Bitcoin is now at a better price and If you want to invest, you can take it a step further.  The $35k price is good as before it was $26k, so still can take an entry as many are saying it will go to $40k. But we can just take suggestions from others although we have to look at our strategies. That is what is suitable for us and what is the best price to take an entry. To get up your portfolio, you should start day trading with the investment you hold.
As previously you are also at a loss, so I don't think that holding in here will be a better choice for you. You can go for day trading but that should also be in coins like Bnb, Ethereum, etc. Not in the meme coins and if you are a good trader you can go for the bitcoin if you have a bigger portfolio indeed.
Buying bitcoin for a long-term portfolio would be better, I have been buying bitcoin and accumulating it since the price was below $20k and it has provided quite good profits until now. The target I want to achieve is still quite far away, $40k is still very minimal and it will still happen at the end of the year or next year. To do daily trading I also use BNB and ETH, it is only to support my daily profits and for the long term it remains Bitcoin.

This is a good price if you had bought below $20k, I think now you will be in a decent profit if you had bought more. These are the better strategies a trader should take care of. The main thing is the entry prices, if a trader has some ability to know the entry prices at which price the coin should be bought then this trader will be successful, but if he doesn't even know what he has to do when the market goes green and he didn't think even react when the market goes red. Then this thinking should be changed I think for every trader who wants to see himself successful in every trade, I mean in most trades.
Can you please tell me how much you had invested when you were buying bitcoin at that price? For daily trading BNB is still the best option, carry on with these too, you still have a lot of time before the bull run and it is coming. Best Luck!


Title: Re: First bull run - how to not sell too early?
Post by: Kasabus on October 25, 2023, 08:46:53 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
The only reason why people resort into selling their coins too early is the greed for quick profits. If their mindset works like that, then they will never achieve financial freedom no matter how hard they try to make their investments work. Once they don't trust their investment that much and they are afraid to lose their capital, then they will never be successful in their crypto investments.

Preparing a plan before investing is crucial. Set your own stop loss or set your desired profit goal and once its achieved, stick to your plan. If you change plans suddenly, most likely you're up for a big loss or the other way around, you'll experience unexpected profits.


Title: Re: First bull run - how to not sell too early?
Post by: BitcoinPanther on October 25, 2023, 08:52:37 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
The only reason why people resort into selling their coins too early is the greed for quick profits. If their mindset works like that, then they will never achieve financial freedom no matter how hard they try to make their investments work. Once they don't trust their investment that much and they are afraid to lose their capital, then they will never be successful in their crypto investments.

Not only that, the lack of source of fund for their daily need is also the one of the major reasons why people are forced to sell their stash prematurely.  Another reason is the lack of trust to the market and wanted to exit with profit.

Preparing a plan before investing is crucial. Set your own stop loss or set your desired profit goal and once its achieved, stick to your plan. If you change plans suddenly, most likely you're up for a big loss or the other way around, you'll experience unexpected profits.

Nothing beats a well planned investment.  One must know his own financial ability and the movement of the market.  Planning an investment is a must so that one can avoid unnecessary losses that can be prevent if an investor had made plans and alternate plan if the main plan fails.


Title: Re: First bull run - how to not sell too early?
Post by: Sanitough on October 25, 2023, 09:15:58 PM
Bitcoin is now at a better price and If you want to invest, you can take it a step further.  The $35k price is good as before it was $26k, so still can take an entry as many are saying it will go to $40k. But we can just take suggestions from others although we have to look at our strategies. That is what is suitable for us and what is the best price to take an entry. To get up your portfolio, you should start day trading with the investment you hold.
As previously you are also at a loss, so I don't think that holding in here will be a better choice for you. You can go for day trading but that should also be in coins like Bnb, Ethereum, etc. Not in the meme coins and if you are a good trader you can go for the bitcoin if you have a bigger portfolio indeed.
Buying bitcoin for a long-term portfolio would be better, I have been buying bitcoin and accumulating it since the price was below $20k and it has provided quite good profits until now. The target I want to achieve is still quite far away, $40k is still very minimal and it will still happen at the end of the year or next year. To do daily trading I also use BNB and ETH, it is only to support my daily profits and for the long term it remains Bitcoin.
Day trading is only good if you are actually capable to do it but if you are still hesitant, then never push it through. You can always chose to hold bitcoin for long term but the problem is, you are not going to take profits at the moment. But as a suggestion, its better that way so that your investment will not be prone for quick losses and you'll still be able to ride with the bull run when its already happening.

If you aim for a bigger portfolio in bitcoin, DCA would only be the safest option. It's way safer than day trading most especially if you are still an inexperienced trader.



Title: Re: First bull run - how to not sell too early?
Post by: Hypnosis00 on October 25, 2023, 10:18:01 PM
Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

What is your real purpose in holding assets when your target is just to break even? Are you too afraid when you can't see your investment making a profit? all you need is patience and don't be tempted by the break-even target. Make a profit target, even if it's not big. but try to be consistent with your target.
If you give up just returning your capital, it means there is no point in putting your money in your investment assets. you just waste your time to put your money to sleep without progress.

I did not say my target is break even. My target is to at least 10x my portfolio.

I said getting back to break even will feel big for me as i have spent all of my crypto journey up till now at a loss.
Then the best thing to do is to hold and wait for the moment it comes (bull run). You can never make an early sell, if you know your target and know that you are aiming for at least 10x from your investment capital, then must calculate it now. But the question is if you are buying potential coins because that is certainly achievable but if you are buying those in hype and shitcoins, you will just fail.
That is why investing should be planned very well at first - choosing coins and terms of investments.


Title: Re: First bull run - how to not sell too early?
Post by: _BlackStar on October 25, 2023, 10:28:51 PM
-snip-
Buying bitcoin for a long-term portfolio would be better, I have been buying bitcoin and accumulating it since the price was below $20k and it has provided quite good profits until now. The target I want to achieve is still quite far away, $40k is still very minimal and it will still happen at the end of the year or next year. To do daily trading I also use BNB and ETH, it is only to support my daily profits and for the long term it remains Bitcoin.
I've been accumulating since the end of last year and until now I'm still doing it consistently. Having bitcoin as an investment to fill a large part of a long-term portfolio is recommended - in fact I have no doubts about its future potential even though I have seen how bad the bearish impact in 2022 can be.

Bitcoin's halving is expected to drive more demand which in turn could support its price rise - however I hope they can avoid short term volatility even if the 5% - 10% rise in the last 7 days is worth it. Accumulate and hold for the long term - I think the risk will be worth the return.


Title: Re: First bull run - how to not sell too early?
Post by: BitcoinsGreat on October 25, 2023, 11:59:07 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

If you think that you can catch the top of the bull market or anyone can give you advice on selling on the top, then you are wrong about it. You can never sell at the top. The best way to sell in the bull market is first to wait for the price to go above all time high, see the price movement closing and try to sell in parts as we climb the milestones in the price discovery mode.


Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Be clear in your mind that you are here for long term investment and these dips should mean no value to you. Remember if your portfolio is down even by 80% or more, you are NOT at a loss, unless to sell at that moment. Just stop looking at the Bitcoin price and your wallet portfolio for the time being, so you do not make any wrong decision out of your emotions.


Title: Re: First bull run - how to not sell too early?
Post by: AakZaki on October 26, 2023, 02:35:04 PM
~snip~
Applying Hodl or trading is a choice that must be made. Active trading depends on the trading knowledge you have. If your trading knowledge is still not good and you cannot create a trading strategy or read a chart, then choosing Hodl would be better. But it requires patience and capital that must continue to be added to carry out DCA so that in the long term it can provide quite large profits. If you only hold a few assets it won't be worth it for a long time.


Title: Re: First bull run - how to not sell too early?
Post by: Litzki1990 on October 27, 2023, 06:13:12 AM
Coming to the current period of the market, old investors are seeing new arrivals and new investors are getting ready to invest again. After being down for a long time, this time of the year, the market has gone up a lot and it seems that the market will go up a lot more. Seeing such potential in the market, new investors are confident to invest and old investors are planning to hold their investments for a longer period. Investors should be patient for some more time as investors have been able to endure the bad times of the market till now. Now seeing that the market is in a good condition, the investors sell their investments and after they sell, if the market rises again, they feel very bad, so you still hold on to your investments.


Title: Re: First bull run - how to not sell too early?
Post by: DubemIfedigbo001 on October 27, 2023, 05:11:47 PM
I am hoping I have a good bull run with the altcoins I have and then I may look at buying a full Bitcoin at some point.
Bro, is this a typo or what?, you'll buy a full bitcoin?. During the bull run, bitcoin price is going to be much higher than it is now and considering the fact that you don't have much like you clearly started, how do you intend buying a full bitcoin when its price will probably skyrocket to $60k or more?.

I'll advise you to set achievable goals. You can buy fractions of bitcoin and the best time to but them is now, so it will appreciate during the bull run. Waiting for the bull run before investing is risky,  bitcoin may be very expensive by then and you'll miss out on the party big time. You might not get much gains, if even you'll get any.


Title: Re: First bull run - how to not sell too early?
Post by: Finestream on October 27, 2023, 05:30:58 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
Set your own target price to sell. Once it's still not achieved, then never decide to sell. Although we don't have any real idea as to what's the amount for the new all time high, but at least we should set our selling price higher so we won't be selling too early. Also, focus on bitcoin and invest for long term, to the extent of forgetting your investment at the moment and just try to access it when you see the market is starting to be bullish. That way, you will avoid selling your bitcoin at a rush, as there are bigger profits waiting ahead.

 And the best thing to do is follow the DCA method. You will never be wrong with it. Just buy every time you get some spare money, which means even if the price drops low, you will never be bothered knowing you are in for a real long term investment.


Title: Re: First bull run - how to not sell too early?
Post by: KingsDen on October 27, 2023, 06:47:37 PM
One thing is being able to invest in bitcoin and another is being able to take profit at the right time. The difficulty is either taking profits too early or delaying profits and falling back into the bear market, which is what happened to some people last bull run.
Initially, I have had a wrong exit plan. I decided that once there is a new ATH, I will exit the market. But I read an article that proposed that it is better to exit the market in a DCA market. I mean selling in percentages, rather than exiting the market at once. So if you would learn and apply the method.


Title: Re: First bull run - how to not sell too early?
Post by: BIT-BENDER on October 27, 2023, 06:58:13 PM
Any advice or individual plan when it comes to selling in bull run?
Honestly advice? What's most certain to happen next year is the Bitcoin halving, about the bull run, considering many factors and history there are good chances that due to the Bitcoin halving we should have the bull run. This are what you should consider when trying to come to a decision, personally I don't have any reason to sell Bitcoin because the next bull run won't be the last and selling only to buy again is funny to me.

Also let's say you have X amount of Bitcoin and then because of the bull run you sell of all your Bitcoin is that the end of your journey in crypto leaving out the financial system progress Bitcoin and the decentralized system has achieved and would achieve more even further.


Title: Re: First bull run - how to not sell too early?
Post by: lalabotax on October 27, 2023, 08:28:44 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
Actually, this is quite tricky. Because after all, we cannot predict the actual price that will be reached during the next bullish era. But if it was Bitcoin, I think we could at least come up with some price sets. So we don't go all-in on just 1 price. Maybe we can start from last season's ATHbulsh era. Or at least if we have earned a profit of more than 50% of our capital, maybe we can start setting a price target with a certain percentage. Indeed, sometimes we have very high hopes, especially when there is news that will report that Bitcoin will reach its highest price, but we must not be too greedy, otherwise we will miss the moment. So, that's what I think is easiest for us beginner players, to set several price targets at several rates. However, it is not far from last season's ATH or even more.


Title: Re: First bull run - how to not sell too early?
Post by: Bitcoin_people on October 29, 2023, 08:19:19 AM
Currently as the year 2023 and next year we can expect the value of Bitcoin to increase. As we have a halving year ahead, Bitcoin price will fluctuate a lot and Bitcoin will gradually move higher. After the Bitcoin halving in 2024, the demand for Bitcoin will continue to increase and people will invest in Bitcoin and wait for the bull market. Investing when the crypto market is down will give you maximum returns if you hold it, I would suggest that when you invest you must do it for a long time. And right now the bitcoin market is in a good position, maybe by the end of the year bitcoin can touch $40k dollars, so if we buy bitcoin now, we can profit in the future. When Bitcoin halves in 2024, the Bitcoin market will become bullish the following year and the market will grow exponentially. So I expect buying and holding Bitcoin now for 2025 will give maximum profit as we can expect Bitcoin price to cross $100,000 in 2025.


Title: Re: First bull run - how to not sell too early?
Post by: Grizzly888 on October 29, 2023, 12:38:13 PM
I will share with you a few lessons that I have learnt since started my crypto trading/investment journey.

1. Make a plan. Without having specific, measurable targets and plan (where you want sell, how long you want hold etc.) you will be easily affected by market mood (fear or greediness). If you planned to sell some % of your coins when coin reaches X price - just do it. Yes, you may sell not on the top, but nobody can predict where is going to be top. And by selling this % of coins you receive back $$$, what gives you opportunity to hedge risks, what is good.

2. Don't listen to anybody. Loads of bloggers, media crypto "experts" share their vision of the market, but in fact they are in 99% of cases just theorists that don't follow own advice, they do not make money on crypto trading/investment, mainly they make money on telling people what to do and by selling books, private channels etc. So, don't rely on someone's predictions, only one way to become better - is own experience.   

3. Sell by using "ladder strategy". If you have 100 coins, divide them into 5-10 small groups (20-10 coins in one group) and when price is above your entrance point, sell on each price level some part of coins. It will help you to have the highest average selling price point. And if market crashes - you have some $$$ to buy crypto back.

It's only small piece of stuff that I've learnt since I am in that industry, but hopefully this small reply will be useful to you! Good luck, mate!


Title: Re: First bull run - how to not sell too early?
Post by: bitbollo on October 29, 2023, 12:56:38 PM
Mine suggestions learned during time.....
Best solution Is Always to keep a part of your funds in bitcoin because you don't need to spend it. Even the price goes down or up, you havent any issue because you can do without it.
another trick...uses a cold wallet or multisignature. these solutions don't stop you from spending sell in a wrong time but help you avoid compulsive actions ;)


Title: Re: First bull run - how to not sell too early?
Post by: Antotena on October 29, 2023, 02:49:21 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

A time will come when everyone will be shouting and jubilating that bitcoin is going to 200k, but do you know what, I haven't had much opportunity to experience that but research says that's the perfect time to sell and quietly exit the market for time been. It's just normal scope to keep everyone from selling and that is true. The big guys will move the price to the target they want and quietly leave the market without informing anyone.

Have a plan and a price target, if you are a seasonal investor then you don't have to hold your bitcoin forever just like other people that like holding for long time. Bullrun is going to come, it's some days away precisely April but we might not hit new all time high by then but subsequently after the bull run, all coins are going to pump for sure. Then you can sell when others are still hoping to see bitcoin in $300k or $1M as some of them use to say.


Title: Re: First bull run - how to not sell too early?
Post by: Crypt0Gore on October 31, 2023, 10:24:33 AM
Selling too early is better than not selling at all and seeing your portfolio lose tons of value, I wonder how those who bought BTC at 70k will be feeling till today, they will have to hold till the next bear market to make their money back, and that's because it's BTC, if it's any other altcoins they might never make their money back because altcoins don't always go back to their all time high again or possible died in the bear market.

You should have a specific target in mind, set a goal for yourself, know how much you want from the next bull market and make sure that it's possible, if you are targeting a 10x it's possible with projects under top 10 on coin market cap and if you want the 100x then newer projects are better, you don't have to listen to me, but this is what I believe.

Do not buy Bitcoin and expect a 100x, it's impossible and that's why people often get rekt, they will hold throughout the bull period because they are waiting for the impossible and it will never come, know what you want and take profit in bull market, there is nothing like losses when taking profits.


Title: Re: First bull run - how to not sell too early?
Post by: Razmirraz on October 31, 2023, 02:06:09 PM
Your belief in the potential that can be generated will guide you towards being more patient when temptation comes your way. An initial plan and target will give you the strength to restrain yourself when temptation comes. When you are faced with a situation that tests your resolve, you must stick to your beliefs and initial plans. Investment strategies can change depending on the situation that occurs in the market, you can change your initial plan if your expectations are difficult to achieve or the market suddenly collapses which can absorb back the profits that have been seen.



Title: Re: First bull run - how to not sell too early?
Post by: Ndabagi01 on October 31, 2023, 05:16:33 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

Close your eyes, then choose a target amount for your portfolio to reach before selling. Along the road, don't get too greedy if multiple analyses reveal that the price will not reach the price you set for your take profit. I've not witnessed one, but these are my plans for when the bull run season arrives. 

Quote
Any advice or individual plan when it comes to selling in bull run?

Bull runs always occur after halving. Some people believe that a bull run is invariably followed by a halving, which is not the case. It takes some time for a bull run to occur after halving, but it is usually enhanced by halving. So, halving does not result in an instant bull run, wait for the bull run to happen before selling.


Title: Re: First bull run - how to not sell too early?
Post by: Essential10 on November 01, 2023, 06:41:47 PM
This is the market, no matter how much we plan, the market won't give us the stars easily. Just because a bull run has started doesn't mean it can take a correction from here. Since $8k has been pumped into Bitcoin. As a result of the pump, new funds have started coming in.  Bitcoin ETF is supposed to be added if it is not approved now but ETF is playing a role in the market. If the ETF gets approved then all altcoins are likely to get pumped. Then we can see bull session. i think Bitcoin will be limited to bull run until halving.


Title: Re: First bull run - how to not sell too early?
Post by: Cookdata on November 01, 2023, 07:13:23 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

I love the way you are unidirectional with your question.
Bull run brings mixed feelings and what drive lots of people to invest is because they want quick money but there is more to altcoins investment. They die off quickly and react quickly than bitcoin. Bitcoin is the reason why we have bullrun today due to halving, buy as much bitcoin you can but of course with the amount you are willing to risk, don't borrow money to buy bitcoin; be warned about that.

Quote
All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

Exactly what I'm trying to shed light on. You have your wallet filled with chunks of altcoins that promises empty cann juice, bitcoin is waiting for any positive news before it takes a ride upward, going down now will be difficult but I can see that some altcoins are already been pump but when halving approaches, many of them are not going to pump again, it's going to be all about bitcoin.

I will say it one more time, buy bitcoin, then you can buy some altcoins if you think you want them for good return but just know that altcoins are very volatile if something where to happen to the market and don't forget to sell when you had already good profits.


Title: Re: First bull run - how to not sell too early?
Post by: Questat on November 01, 2023, 09:04:14 PM
This is the market, no matter how much we plan, the market won't give us the stars easily. Just because a bull run has started doesn't mean it can take a correction from here. Since $8k has been pumped into Bitcoin. As a result of the pump, new funds have started coming in. 
The plan is useless if we don't follow it. Like if you plan to sell your Bitcoin at the price of $60k, you probably be waiting for it to come. But why some can't do it because they are impatient and their mind is full of uncertainties?
In order not to sell too early, then must have to do this;
 - be patient
 - stick to our plan
 - trust

The market is full of traps which is why we should have control our emotions, otherwise.


Title: Re: First bull run - how to not sell too early?
Post by: Rockstarguy on November 01, 2023, 09:26:00 PM
Mine suggestions learned during time.....
Best solution Is Always to keep a part of your funds in bitcoin because you don't need to spend it. Even the price goes down or up, you havent any issue because you can do without it.
another trick...uses a cold wallet or multisignature. these solutions don't stop you from spending sell in a wrong time but help you avoid compulsive actions ;)
I think having extra fund is only what can help not to tamper with investment because it is impossible to not sell when you are hungry. Having extra fund will encourage investors not even to reason to tamper with investment,  the target will always to hodl to get to the the target of selling high. It will be nice while investing instead people will be thinking and depending how they can make profit from Bitcoin  it is better to look how money can be generated from another source to solve problems.  Learning to be discipline when it comes to saving will also help people to get to their target of profit.


Title: Re: First bull run - how to not sell too early?
Post by: Woodie on November 01, 2023, 10:28:07 PM
When I got into the world of Bitcoin and the buying and selling of this asset, knowing when to buy and when to sell were some of the things I struggled with as it was all guess work not until I was forced to learn charting skills because the more experienced users explained the best price to take profit and when to sell using chart's and it was at this point when my interest for chart's grew.

So for those waiting to experience their first bull,use chart's to pick out at what price you will be selling/buying and use skill to do this and not guess work. Otherwise back then making profits was so much easier as Bitcoin was still that unexplored asset.


Title: Re: First bull run - how to not sell too early?
Post by: boyptc on November 01, 2023, 10:35:27 PM
Not to read every single article that comes out. Because it is so sure that many of them will come out and for you not sell early is not to read most of those.

Reason? It will play out your emotion.

That's true because your emotion will be based on what you read and if they're not even from a reliable source, they tend to have that intention of playing out everyone's thought and might push you to sell early due to panic.


Title: Re: First bull run - how to not sell too early?
Post by: Onyeeze on November 01, 2023, 10:38:37 PM
Next year is a bullrun so what I have to say is that we should not miss this opportunity by not buying more of bitcoin, because their is some certain I believe and also understand that is the cause of we not having or making profits in cryptocurrency, so that time I believe that cryptocurrency is something you have to take out your time to cross examine before you invest, but a bullrun is on the way coming and is in 2025 and if time is not take I suspect that the price will rise above 50k but other people is predicting that price of bitcoin have gotten to a certain point that price of bitcoin will reach to some levels now


Title: Re: First bull run - how to not sell too early?
Post by: DVlog on November 01, 2023, 10:40:13 PM
Higher time frames and moving averages give an accurate signal for market change. If you use 200 EMA in a weekly chart of the bitcoin market you will see most of its previous signals are accurate. When the chandle crosses above the 200 EMA line it is a buy signal and when it crosses below it is a sell signal. You won't be able to sell at the peak by using this indicator but you will surely be aware of the direction change of the market.


Title: Re: First bull run - how to not sell too early?
Post by: dansus021 on November 04, 2023, 02:12:55 AM
How to not sell too early by just Buying DCA more and selling when bitcoin reaches new ATH is as simple as that.  :P

If the Bitcoin price continues following the 4-year cycle or halving price cycle you will get the All time high and you can sell it at that time.


Title: Re: First bull run - how to not sell too early?
Post by: Out of mind on November 04, 2023, 05:57:13 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?
Don't sell too early when the bull run starts next year. Because we know Bitcoin price is always trying to go to a higher point so wait for the market to see that higher point. Selling some amount of BTC and keeping the rest when the price of Bitcoin steadily increases. What we have seen from our general experience is that if the Bitcoin price is low for a few days in the market, then it goes back to high. Of course, if you can wait a long time in this situation, investing will save you some time. Also, you can sell in bull season and buy again in bear season, it will give you good amount of profit I think.


Title: Re: First bull run - how to not sell too early?
Post by: Jon_Hodl on November 04, 2023, 11:04:08 AM
The only advice I can give to anyone who is interested in bitcoin is to buy on a recurring basis and never sell it back to an exchange. Instead look for merchants who accept bitcoin spend your bitcoin as money with them.

Bitcoin is not an investment. It is a change in the way the global economy works and if you want to be a part of that change, buy (or accept, earn, mine, etc.) and hodl until you feel the need to spend it on something and then you can use bitcoin as money like it has been designed to be used; as peer-to-peer digital cash.


Title: Re: First bull run - how to not sell too early?
Post by: Mpamaegbu on November 04, 2023, 11:44:59 AM
Quote from: JamesDaniel90 link=topic=5471317.msg63040165#msg63040165 date=169 s like children8052908
Any advice or individual plan when it comes to selling in bull run?
Utilize now that the market is relatively calm to make your analysis and draw up your expected level to exit the market before price begins to spike and investors and traders get carried away like children expectant of the first rain. Once the rally begins, there's going to be so much noise in the market that you're likely not to hear any more sensible but bloated and bogus analyses.

Don't base your exit on anyone's analysis then. Pick it now.

I'm looking at $120k – $150k for a fresh ATH. If we get past that, I take it as a bonus. Already Bitcoin is forming a pennant in 4hrs TF in readiness for a breakout. I expect it goes well up from there.


Title: Re: First bull run - how to not sell too early?
Post by: SOKO-DEKE on November 04, 2023, 11:55:10 AM
Yes, halving is next year and there are a few months to go, and from there we are expecting a bull run, but the truth is that nobody can actually say the day or month bull run will start and end, so as short-term investors or people planning to sell in this upcoming bull run, they need to be wise and not be too greedy on making more profits, because they can later end up with no profits in the next bull run because nobody can say this will be the limit price of Bitcoin in this upcoming bull run and looking for higher profits can make you end in next bear market again.
 
So if we are blind to know the highest point where the Bitcoin price will reach in the next bull run, it will be better for everyone to have their own target at which percent they will like to take their profits. And it will be better if someone limits their greed because it is greed that makes some people fail to make a profit from their Bitcoin investment, all because they want to sell at the highest price but later end up selling at the wrong time. And again, I will never advise anyone to invest much in altcoins because many are pump-and-dump coins and if possible I will say avoid it at all. Even in bull run time, altcoins can still be dumped, so if you want to invest in altcoins, just invest a small amount of money so that even if you lose, you will not lose much.


Title: Re: First bull run - how to not sell too early?
Post by: Kelward on November 05, 2023, 12:34:07 AM
Like you OP this is my first experience of expecting  a major bull run, halving is sometime next year then the ATH, the excitement is massive. I've heard experienced members talking with confidence that if you don't have enough money to buy bitcoin and hold, then you should get a second job to make sure that you key in by buying and holding till bull run and decide whether to sale and make abnormal profit. Why I'm saying all this is because it's certain that bull run will happen, so issue for OP is the right time to sell. What i understand from the answers and advice that are given to you in this thread is that the decision to sale is up to you. It's your bitcoin and you know what your needs are, so use your discretion to decide for yourself. That's what I'll do, being my first time too, in wanting to experience a major bull run.

Bitcoin is awesome,  the power rests in your hands to make decisions that affects your bitcoin, hold it, trade it or use it for transaction payments, sell it now or later, the choice is yours.


Title: Re: First bull run - how to not sell too early?
Post by: CageMabok on November 05, 2023, 10:01:18 AM
The only advice I can give to anyone who is interested in bitcoin is to buy on a recurring basis and never sell it back to an exchange. Instead look for merchants who accept bitcoin spend your bitcoin as money with them.

Bitcoin is not an investment. It is a change in the way the global economy works and if you want to be a part of that change, buy (or accept, earn, mine, etc.) and hodl until you feel the need to spend it on something and then you can use bitcoin as money like it has been designed to be used; as peer-to-peer digital cash.
Your suggestion looks quite good and also quite good, because the understanding received by everyone will be very different even though there are many people who still consider Bitcoin as a future investment. Which might be interpreted as a currency that is very useful for everyone who understands it properly enough, because everyone can imagine how he lives in an environment where the people around him are willing to accept Bitcoin as peer-to-peer digital money. And this can also give rise to more and more Bitcoin savers from year to year.


Title: Re: First bull run - how to not sell too early?
Post by: Mr.right85 on November 05, 2023, 11:02:31 AM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.
It’s a good thing you’ve managed to experience the rain before it shines. So, when it actually shines, you’ll get to understand the difference in the crypto market seasons and having to invest when you could and the benefits it offers when the time is right.

A little tip on not having to sell too early,
I’ll say, the market in bullrun have been known to create new ATH  and with this knowledge, you get the understanding that the persisting ATH would be broken in time. This acts as a mark on where you could choose to pick a sell range from but,

Must you sell?

Don’t forget, we’ve got more halving and bullruns to come of which, your holdings at this time would attract more profits to itself. You could keep holding while running your life on other streams of income.


Title: Re: First bull run - how to not sell too early?
Post by: Shishir99 on November 05, 2023, 02:49:03 PM
Why? Many altcoins done a 50x , 100x or even 200x last bull run - I only want a 10x which won't take much in some of the coins I am holding.

You never know the possibility. Even though I do not hold any alts at this moment, but I understand that there are a few alts that could reach 10x in the next bull run. But which one? who knows the answer? I don't know if polkadot are going to 5x or not. I don't know if ADA has the possibility or not. Who thought Doge will reach $0.6? or even more? I didn't believe that.

I am not going to suggest anything to anyone regarding the alt coins. If you believe in the alt coins you are holding at this moment, if you are confident, that is good for you. Please do not blame others if you cannot make profit by selling on time.


Title: Re: First bull run - how to not sell too early?
Post by: Pandu Geddon on November 05, 2023, 02:58:29 PM
Why? Many altcoins done a 50x , 100x or even 200x last bull run - I only want a 10x which won't take much in some of the coins I am holding.

You never know the possibility. Even though I do not hold any alts at this moment, but I understand that there are a few alts that could reach 10x in the next bull run. But which one? who knows the answer? I don't know if polkadot are going to 5x or not. I don't know if ADA has the possibility or not. Who thought Doge will reach $0.6? or even more? I didn't believe that.

I am not going to suggest anything to anyone regarding the alt coins. If you believe in the alt coins you are holding at this moment, if you are confident, that is good for you. Please do not blame others if you cannot make profit by selling on time.

Indeed, no one knows the situation that will come in the future. everything is just speculation that there will be altcoins that will increase along with the Bull that occurs on Bitcoin. Overall it will probably impact all altcoins, but we never know which altcoin will surprise us the most.
decisions must be made at the right moment. but everyone has their target. and that is the point of satisfaction that will be achieved from the investment made. we will never know the peak point before the price finally experiences a correction. so stop when you get satisfaction, don't let go when you still want to continue holding it.


Title: Re: First bull run - how to not sell too early?
Post by: rachael9385 on November 05, 2023, 03:44:17 PM
However, selling your hiding too early is not good and that is not the main part you are supposed to be talking about. What you should be asking for is how to know the appropriate time to sell.
Although both questions might be similar, they are still very very different, it is easy for you to decide when to sell and when to hold. But the hardest thing is how you will know the right time to sell. It's a bit hard. You can't buy easily but you can sell easily, so selling early is not the best idea to be thinking about, because surely a day will come when you will definitely,, sell your coins. That's why I said the best question for you to ask is the best time you should sell off your holdings.
An investor might decide to sell when he/she has agreed to, from his or her mind, but what happens next when, after selling, the price increases ×10 of what you sold?


Title: Re: First bull run - how to not sell too early?
Post by: SmartCharpa on November 05, 2023, 04:26:03 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?

All I have experienced so far in Crypto is bear market and with the market showing good signs over the last few days its made me realize that I am not used to the good times and I want to have a plan in place for when the bull run returns.

Even after the good few days recently my portfolio is still down 17% overall and at the worst I think it was 50% down so just getting back to break even will feel big for me but need to remember I am in this to do a lot better then break even.

Any advice or individual plan when it comes to selling in bull run?

I believe that before the beginning of your investment, you had your own plan. For example, you might have planned to make a more  profit than what you invest. Everyone involve into cryptocurrency space has a different plan for when the bull run occurs. For example, if someone makes 30% on their investment, they will sell it because most people are eager to sell the cryptocurrency they have been holding for so long. Other people have different plans, and some will not sell their bitcoin during the bull run because they believe the price is going to increase than that. You can still leave without selling it if you have other sources of income; just be patient with your investment. 

No one can predict what bitcoin will become tomorrow, but we all think that we will most likely make more profits than we invest. The market has been doing well these days, so when the bull run starts, you can sell it whenever you see that you have make more profits than you invested. However, if you do not intend to hold it for many years, you can sell when you feel to, because there are still a lot of people who will not sell even when the bull run starts next year because they do not want to rush into selling due they believe the price of bitcoin will increase much higher than this. Therefore, I can advise you to stick to the plan you had before making any investments.


Title: Re: First bull run - how to not sell too early?
Post by: Promocodeudo on December 29, 2023, 05:20:43 PM
As an investor the you have to work with good information with fact and confirmations, don't believe hear say, in Bitcoin investment, your decision matters too, don't depend on advise from either friends or articles online, just know that most if those can be deceitful, make sure you have a good plan before taking your decision to invest in bitcoin, is only an investors without focus that will be a pushover when it comes to decision taking, sincerely speaking, selling during the first bull run is your is your personally thing but if am permitted to advise anyone intellect to this, I will say that's premature selling because the price might appreciate a bit, you may regret such act if this happens.


Title: Re: First bull run - how to not sell too early?
Post by: Jegileman on December 29, 2023, 10:26:09 PM
Any advice or individual plan when it comes to selling in bull run?

I have not witnessed any bull run before, the upcoming bull run will be the first one for me to witness also since I get to know about bitcoin. After many advice and follow up with discussions in the forum about the bull run, I have decided to just take profit when I have reached my target goal, everyone has a target and when that target is reached, it is better to sell off and don’t get too greedy. The market is very volatile and it has made a lot of people lose money even when they saw themself in profit earlier. I am very careful with investment because of how I feel when it goes against me, so for any chance I see, I will exit the market before it gets too red for me.


Title: Re: First bull run - how to not sell too early?
Post by: boyptc on December 29, 2023, 11:45:36 PM
As an investor the you have to work with good information with fact and confirmations, don't believe hear say, in Bitcoin investment, your decision matters too, don't depend on advise from either friends or articles online, just know that most if those can be deceitful, make sure you have a good plan before taking your decision to invest in bitcoin, is only an investors without focus that will be a pushover when it comes to decision taking, sincerely speaking, selling during the first bull run is your is your personally thing but if am permitted to advise anyone intellect to this, I will say that's premature selling because the price might appreciate a bit, you may regret such act if this happens.
Be careful of your friends too.

When we're in a bull run and they've missed buying on the dip. And they are the type of people that don't want to see others happy with their gains, they are for sure going to say that just sell so that all of you have no longer any holdings.

That's what they want to have and just to make sure that you're on the right track. Set yourself a plan that you'll follow on this season and never agree to anyone quickly if they suggest some tips.


Title: Re: First bull run - how to not sell too early?
Post by: khiholangkang on December 30, 2023, 03:38:21 AM
My suggestion is that you should know what your target selling price is, because that determines it, when you think of asking others for advice on how not to sell in a hurry at bullrun time, then you will talk as far as not selling late, because that is also your negligence, so I think it is better for you to determine your own selling price. Or you can use two selling strategies, first if you have found your target selling price, you sell half of your purchase, and the rest follow the sale until it is close to the ATH in the current cycle.

This will also consolidate with why you are investing and how long you are investing, such things can also affect your decision in determining your target.


Title: Re: First bull run - how to not sell too early?
Post by: doomloop on December 30, 2023, 05:54:33 AM
However, selling your hiding too early is not good and that is not the main part you are supposed to be talking about. What you should be asking for is how to know the appropriate time to sell.
Although both questions might be similar, they are still very very different, it is easy for you to decide when to sell and when to hold. But the hardest thing is how you will know the right time to sell. It's a bit hard. You can't buy easily but you can sell easily, so selling early is not the best idea to be thinking about, because surely a day will come when you will definitely,, sell your coins. That's why I said the best question for you to ask is the best time you should sell off your holdings.
An investor might decide to sell when he/she has agreed to, from his or her mind, but what happens next when, after selling, the price increases ×10 of what you sold?
It's not possible for anyone to perfectly time the market unless they are extremely lucky or their predictions turn out to be perfectly true. And we are humans, there will either be regret or gratefulness after we are done with selling something that either gains more value or loses value later on. So we can't always keep ourselves safe from both of these feelings. Even if you reach your profit target and sell your assets, you will still regret doing that if you see the asset gaining a lot of value after it.

There are two things a person can do. The first thing is that they keep selling the assets in portions so that they always have some left to be sold when the price goes higher. Or, one can wait until the market starts declining and they should sell their assets at that point, but this can go wrong sometimes because there can be healthy corrections and the market can always go up again after that.


Title: Re: First bull run - how to not sell too early?
Post by: MusaMohamed on December 30, 2023, 06:27:08 AM
It's not possible for anyone to perfectly time the market unless they are extremely lucky or their predictions turn out to be perfectly true.
We can not know bottom and all time high and we can not time the market so Dollar Cost Averaging is the best method for entry and exit.

You can use DCA for buying and also can use it for taking profit. Use DCA to take profit gradually with time and don't care what is a new all time high and when Bitcoin will make its new all time high.

Quote
And we are humans, there will either be regret or gratefulness after we are done with selling something that either gains more value or loses value later on. So we can't always keep ourselves safe from both of these feelings. Even if you reach your profit target and sell your assets, you will still regret doing that if you see the asset gaining a lot of value after it.
DCA helps use to avoid greed for taking profit and fear for accumulating bitcoin.

JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance) (https://bitcointalk.org/index.php?topic=5475347.0)
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.msg63398357#msg63398357)
https://bitcoindata.science/withdrawal-strategy


Title: Re: First bull run - how to not sell too early?
Post by: bitmover on December 30, 2023, 12:03:14 PM
It's not possible for anyone to perfectly time the market unless they are extremely lucky or their predictions turn out to be perfectly true.
We can not know bottom and all time high and we can not time the market so Dollar Cost Averaging is the best method for entry and exit.

You can use DCA for buying and also can use it for taking profit. Use DCA to take profit gradually with time and don't care what is a new all time high and when Bitcoin will make its new all time high.

Quote
And we are humans, there will either be regret or gratefulness after we are done with selling something that either gains more value or loses value later on. So we can't always keep ourselves safe from both of these feelings. Even if you reach your profit target and sell your assets, you will still regret doing that if you see the asset gaining a lot of value after it.
DCA helps use to avoid greed for taking profit and fear for accumulating bitcoin.

JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance) (https://bitcointalk.org/index.php?topic=5475347.0)
[ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.msg63398357#msg63398357)
https://bitcoindata.science/withdrawal-strategy

The idea of JJG withdrawal strategy is too take only small profits each year (about 6% of your overall holdings per year),  so you don't deplete your stash.

It is also important to notice that you can withdrawal more or less each month, depending on the current price compared to the 200 week moving average


Title: Re: First bull run - how to not sell too early?
Post by: 2Pizza410000BTC on December 30, 2023, 01:56:14 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
We are already in a bull market. But it is expected to be in a big bull market next year. But if you have any investment at this point then you must hold on to that investment. If you have enough investment capital, put that investment into a target where you will sell your investment when reached. But remember that next year's bull market will definitely be much bigger than the current bull market. In my case also the first bull market is about to start but I will hold my investment long till new ATH is formed in the market.


Title: Re: First bull run - how to not sell too early?
Post by: odunybiz on December 30, 2023, 03:33:17 PM
Next year will hopefully be the start of the bull run and it will be first for me so just wondering if anyone has any advice/tips on how avoid the temptation and not sell too early?
We are already in a bull market. But it is expected to be in a big bull market next year. But if you have any investment at this point then you must hold on to that investment. If you have enough investment capital, put that investment into a target where you will sell your investment when reached. But remember that next year's bull market will definitely be much bigger than the current bull market. In my case also the first bull market is about to start but I will hold my investment long till new ATH is formed in the market.

I don't really believe the bull market has started. This recent increase in price is just a slight sign of the bull run coming soon. Immediately the bull run starts, you will see the difference in the crypto space. That is when you will see dead project coming back to life and also new project will start surfacing.


Title: Re: First bull run - how to not sell too early?
Post by: tvplus006 on December 30, 2023, 11:08:52 PM
I have not witnessed any bull run before, the upcoming bull run will be the first one for me to witness also since I get to know about bitcoin. After many advice and follow up with discussions in the forum about the bull run, I have decided to just take profit when I have reached my target goal, everyone has a target and when that target is reached, it is better to sell off and don’t get too greedy...

I think you have chosen the right decision for yourself. As a rule, no one manages to sell at the maximum price, just like buying at the minimum, but if you have set a price for yourself at which you will sell your Bitcoins, then means you are satisfied with the profit thus obtained. The main thing is that you do not suffer from FOMO later if the price continues to increase after the sale.


Title: Re: First bull run - how to not sell too early?
Post by: Zanab247 on December 31, 2023, 06:02:04 AM
Quote from: JamesDaniel90
Any advice or individual plan when it comes to selling in bull run?
Ensure you maintain your patience when the bull run newly occur because, that is the best way to make the highest profits from your hodling in the future because Many hodlers will be rushing to sell their BTC when the bull run just occur in the market and it will make them to regret when they see the market price continue increasing after selling their BTC. Don't be greedy in the bull run because there are some stage the bull run will get to in the market, all you need to do is to check at the moment if you sell will you make a good profits or little before releasing your BTC.

After making a huge amount of money from the bull run, don't forget to save some money to invest again when the bear run occur because once you get the opportunity to buy in the bear run very easy for you to get it right in the bull run.


Title: Re: First bull run - how to not sell too early?
Post by: MusaMohamed on March 09, 2024, 10:26:26 AM
I think you have chosen the right decision for yourself. As a rule, no one manages to sell at the maximum price, just like buying at the minimum, but if you have set a price for yourself at which you will sell your Bitcoins, then means you are satisfied with the profit thus obtained. The main thing is that you do not suffer from FOMO later if the price continues to increase after the sale.
Set your target price and if price hits it, you sell it without hesitation.

Set your target time and if price does not hit it, but time is in, you no longer have time to stay in the market, risk is bigger, you sell it and exit the market. Because if you stay in the market longer, you might stuck in a bear market and lose your profit and maybe your initial capital too.