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jonathan6655321 (OP)
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May 15, 2019, 07:22:46 AM
Merited by OgNasty (1)
 #1

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

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May 15, 2019, 07:31:12 AM
 #2

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

I honestly have been into crypto since 2013 and had a long break, I went back before the bull-market started last 2017. As for now, I am accumulating as much bitcoin as I can. Last bull market the ATH was at $20,000 and went down to almost $3,500. If you are investing and waiting for the next bull-market, tue market might have recovered somehow, it is still the best time to accumulate bitcoin for the next bull-market. That is if you have the capability to invest and patience to HODL till the next bull-run.a

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May 15, 2019, 07:46:23 AM
Merited by The Sceptical Chymist (3)
 #3

No one can accurately tell you what is the best time to sell your assets since this market is extremely volatile and the prices can shift up and down in a matter of minutes. Firstly, do your research before choosing which coin to invest in(I recommend only popular ones like BTC, ETH etc).

Secondly, invest and HODL and check the market now and then(Not everyday) and sell when the coins reach a target value that you are satisfied with.

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May 15, 2019, 07:58:30 AM
 #4

If you are here to trade, you must have a plan.  That plan should be, when to sell, when to exit at a loss, and should know the possible market cycle of certain coins.  Like for Bitcoin, there is a cycle being introduced by one of the video streamer on youtube.  He called it Bitcoin 4 year cycle,  you can then use it as reference on the period when you have to hold Bitcoin and the time when you have to sell it.
 you can check about the detail of the 4 year cycle here by Bob Loukas

For me I plan to sell probably late 2020 next year, i speculate that it would reach my target price to sell my  BTC, if not then probably would just sell some and wait for the bear market before buying again.

When do you think the market is about to go down you sell and then getting back when you think it's recovering?

In reference with 4 year cycle, the next drastic fall down of BTC price would be around late months of year of 2021 to 2022.  But I believe it is hard to predict the future especially Bitcoin due to its volatility and unpredictable price movement.  And for the record, Bitcoin had shamed lots of TA specialist out there Grin.

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May 15, 2019, 08:10:34 AM
 #5

First, this should e in speculation since it is all about the price.
Second, these questions come at a rate of a thousand a day and nobody will be able to tell for certain how the price will react, how long a bull or a bear period will last.
It's all speculation and if you're not a trader and you are in for the long run, a jump or two up or down shouldn't matter.

Do you just always HODL? when do you know where to sell?

This is the only question I can answer safely, you sell when you\re happy with what you have earned in profit.
You've done 3x 4x 10x and you're happy and you are confident you won't regret you missed an x40 then you sell.

There rest is a never ending debate






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May 15, 2019, 08:24:31 AM
 #6

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I bought the coins that I want to hold for long run last 2018 and that is the year when the price are slowly decreasing so obviously, I'm at a loss right now especially altcoins but I'm still holding it since its for a long run. When do I sell? Each coin that I hold, I already set a target price into when I will sell it and until that price doesn't reach I will not sell it.

I think technical analysis can help you know when the market is going down but there is no certainties about it since crypto is unpredictable. There is no guarantee that the market will go down in a certain date and will go up in a certain date. Both of them can happen anytime.

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May 15, 2019, 08:29:30 AM
 #7

I have been here for years and I have experienced a lot of ups and downs in the market. Upon investing, you should set a target goal, keep on holding until you reach that target profit.
After all, it's you who could answer when is the right time to buy and when to sell, as long as you're gaining a good profit.
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May 15, 2019, 08:36:22 AM
 #8

I have not been in crypto for a very long time now but I believe it is a good time to accumulate bitcoin now, the bull run is taking off. The earlier one gets some bitcoins, the better for the individual. This is the chance to make some profits through cryptocurrencies.
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May 15, 2019, 08:39:26 AM
 #9

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?

I've been in the market for quite a time. My initial involvement were just limited to converting Fiat to crypto for transaction and back to Fiat. I never thought Bitcoin as an investment initially.
But if you want to make a profit from Bitcoin, buying on bear with small batches of money spread along time and selling similarly when your coins are in profit would make you a satisfied investor.
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May 15, 2019, 08:45:48 AM
 #10

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
When the market condition is good like what happened in the last few days i prefer to hold my coins. I usually sell the coins when i feel the price will not go up anymore.

After a huge pump, there is always a small correction after that. So you can took that opportunity to buy and sell.

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May 15, 2019, 08:58:07 AM
 #11

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
None of the good traders never enter into a deal at the very bottom and does not go out at the very maximum. It's impossible. Therefore, in my experience and practice, the ombu say that it is worth going out of the trade when you see, technically, that the movement is dying out. And no matter how much you underpain, the main thing that you will not lose. I would leave Bitcoin.

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May 15, 2019, 09:23:47 AM
 #12

Do you just always HODL? when do you know where to sell?
That depends on the needs. Though I usually hold long term and selling it whenever I have profit.
You can actually set a target price where to sell thus to avoid some sort of greediness and just keeping your profit safe.

If you're just a beginner just do mid to long term trading and avoid doing scalping and other risky trading.

I use this provider to trade Cryptos : Bitcoin Revolution
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May 15, 2019, 09:52:45 AM
 #13

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
ive been here for a long time and its really hard to predict when to buy or to sell
usually the price rise before and after halving
so its better to buy some bitcoin before next halving or hold for next next halving for better gain





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May 15, 2019, 10:15:31 AM
 #14

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
Just sell your BTC whenever you need to get some fiat money. Trying to predict the future exchange rate is a useless thing. You may sell your coins today but tomorrow BTC would gain extra 5%. And as the practice shows us on the long run it would still keep growing. The only 100% good moment to sell is the end of the trend when the asset would definitely stop growing. And trying to predict that moment is also a useless thing. SO just sell when you need.
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May 15, 2019, 10:25:51 AM
 #15

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?


I am more fan of HODL for this time of the market. Its obviously more profitable and less risky. All you have to do is to get in the car and ride until its time to sell it. On the other hand, if the market is down, we make other activities such as trading and bounties. Dont worry about other things. Cryptocurrency offers more opportunities than you expected.

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May 15, 2019, 01:01:36 PM
 #16

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
No, I don't just hold, but I will sell bitcoin if I see a good price in the market and I can take some profit.
No need to wait for more to take the profit because we don't know if in the next hours, the bitcoin price will increase higher.
I never against the market, I only follow where the market moves.
That will make me can sell in any of price, but I will make sure that I can get the profit, that is my rule.
And if I cannot see the profit, then I will hold for a while.
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May 15, 2019, 01:43:00 PM
 #17

For my first years (2014-2016) I usually hold and trade bitcoin/alts and join pump and dumps (not proud of it thoough) until I make a sizeable profit. After the first stages of the 2017 bull run, I made it to a point that I will focus more on buying and holding while keeping an eye out on my real life finances. Past forward 2019, I made quite a fortune by just buying and holding and tending to my own business. I know I would have made much more if I also traded but then again, it only puts stress and pressure on me so I think it wasn't really worth it to go as a full-time day trader.

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May 15, 2019, 01:51:28 PM
 #18

2014 Veteran here.

I am a HODLER for the most part. You will NEVER time things well. Good example:

I bought 5 bitcoin back in 2014 for an average price of about $800.

Than came the MT gox crash and I saw the value go from $1200 all the way down to $200. I kept buying small
Amounts. And eventually just gave up. I waited YEARS and when the price finally hit $1000 again I said HALLELUJAH! I sold 2.5 BTC for $2500. I felt so smart, I finally recouped my principal.

Than, pretty quickly Bitcoin spiked to 20K. Ouch.

So, for the most part I HODL. Because bitcoin does what bitcoin does. Every so often a sell some, but it always goes back into the market. Usually in the form of altcoins.

I’m back up quite a bit, but not quite back to 5BTC again.

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May 15, 2019, 01:55:07 PM
 #19

Hi there
I would like to get tips from people that are in the crypto world for a while and saw a few bear markets already.
There is so much speculation right now and It makes me be uncertain about my moves (buying and selling)

Do you just always HODL? when do you know where to sell?
When do you think the market is about to go down you sell and then getting back when you think it's recovering?
I only sell when I'm need of money or when price high, I don't sell all though just few for expenses etc.. Selling it out all will be a big mistake. I'm just waiting for a service that let's me spend Bitcoins directly so I don't have to go with converting bs.
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May 15, 2019, 02:03:45 PM
 #20

I'm with Bitcoin a long time, since 2013. From that period until now I have learned a lot and just because of such long time I know that different speculations and predictions are not worth waisting time.
There are no two identical situations and although it might look like the situation on the market is the same like some time before there are always differences and different circumstances.
In general, there is no receipe or cristal ball that will tell you when to sell or to hold. It depends on your preferences, experiences and knowledge so you have to learn on your own skin.

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