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Author Topic: When is the perfect time to sell BTC?  (Read 2846 times)
BeManga
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December 23, 2019, 12:08:42 PM
 #21

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
as of now, bitcoin is still cheap and bitcoin halving will happen next year
because of that, there is a high chance of price increase before or after the halving
there will be a price correction after halving and in my opinion price is impossible to go lower than the current price
if you can't wait for next year maybe you can sell some if you are still on profit
but if you can still wait for next year maybe you will gain more than what you will get if you sell today.





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December 23, 2019, 12:10:48 PM
 #22

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
Depend on you if you are at needs why not selling it now or sell only few of your holdings.
Since you are holding it for long time i expect you are in profit already in that case the price right now is not the matter its only your decision if you want it now or not.
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December 23, 2019, 01:12:38 PM
 #23

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
My suggestion is to wait for more days so that you will be able to see what would be the price of bitcoin on the upcoming days. Bitcoin right now aren't stable and pumping little by little so we can see what would happen to the price of bitcoin. This is only my suggestion and opinion if you will sell your bitcoin right now or wait until the year ends to see what can be the result of the final price of bitcoin this year 2019.
If you really want to sell your bitcoin right now then probably you will be able to earn some profit but not too much because as we can see although bitcoin is pumping, it is still so low compared to other months which bitcoin is around $8,000.
I will also suggest your suggestion to the OP, we don't what will gonna happen in the future so it's better to wait than selling it right now. The price of bitcoin always fluctuates so expect that in a few seconds the price will gonna move upward or downward. But, the best decision right now that you can make is to hold it and wait more time until bitcoin rises up again. The decision is still into you but If I were you just hold your bitcoin.
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December 23, 2019, 01:43:57 PM
 #24

When the trail stop, there are a lot of strategies that we can do if we want to sell our bitcoin. My strategy is to sell when the trail the bitcoin stop. There are raders who preferable percentage profit, for example they have tsrget price of 10%. If the price of bitcoin goes up with 10% then they will sell their bitcoin. The trailing stop that I using is suitable for me and I always maximizing the profit.
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December 23, 2019, 01:44:28 PM
 #25

The decision is yours so that's what you are doing or selling now, go ahead.

But I suggest I do not sell at this time and I think it is still low, waiting for a few more months to halving and this will be a good improvement.
And I also still hold some Btc in the long run and I will not be affected by the current increase, I will still survive with my BTC.

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December 23, 2019, 01:59:26 PM
 #26

I just want to suggest if you feel that you have enough profit today, you can sell it, because whatever you can judge is yourself.
We fellow members can only give input that is not plunging. Because everyone's satisfaction must be different benchmarks.

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December 23, 2019, 02:47:11 PM
 #27

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
do you really need money? if not, you should not sell the bitcoins that you have. Well, this is just a suggestion, you're free to sell it right now. but think, you've been holding bitcoin for a long time, and in the front, there is a halving that can make the price of bitcoin the same as 2017. Even though it's still a prediction, but many believe it. think again.
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December 23, 2019, 03:05:29 PM
 #28

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
Is this even real? If you were here for a long time you should have known the market already. And why is that you only showed up today and then suddenly ask this kind of question? You could have sell it during the $10,000 or $12,000 price and now it's only $7,500 you might regret if you want to suddenly sell them right now. Think again!

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December 23, 2019, 03:28:49 PM
 #29

This is base on your decisions whether to sell btc at this time if you already in profit. If you can wait the price will increase at your desired price then sell. You have also to decide on your own because it’s your funds that you invest in bitcoin.
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December 23, 2019, 03:56:57 PM
 #30

This is base on your decisions whether to sell btc at this time if you already in profit. If you can wait the price will increase at your desired price then sell. You have also to decide on your own because it’s your funds that you invest in bitcoin.
In a certain thing that we have our own decision to take. Not actually the other say that today is a perfect time to buy/sell, then we think that we need to follow them? Not for sure and you are right, when we are gaining profit already is a perfect time to sell. We need to think with the current position we have, and we also need to track our investment if we are already reaching our target.

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December 23, 2019, 04:09:26 PM
 #31

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
No one can give an exact answer to the time of selling Bitcoin, people make their own decisions.
You should make your own decision, if you really need money and think that the current price of bitcoin is good, you should sell it. Conversely, if you think the current price does not meet your requirements then please continue to wait.


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December 23, 2019, 05:37:07 PM
 #32

Your question is impossible to answer as it very much depends on personal circumstances.   The really simple answer is there is no good time to sell if you dont actually need to, so long as Bitcoin is viable product then its very likely to continue to gain in the long term.   Decide when to sell when you no longer believe BTC is viable as an alternative to FIAT and there is your answer, otherwise its a brand new product, sector that never existed before and you are lucky soul who was around to see it all begin. 
   I will always argue people should be diverse in assets they hold, hence why we dont know for sure the correct answer for you.

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December 23, 2019, 05:42:49 PM
 #33

There is no perfect to time to sell or buy bitcoin. You will always be either late or greedy Smiley
The best time to sell or to buy - yesterday.

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December 23, 2019, 05:46:59 PM
 #34

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
as others have said in this thread, it's "up to you".  but it would be nice if you feel enough of a profit then sell it.  and if you still lose hold it until you really get into profit.  the most important thing when you have benefited from the results of your purchase is not greedy, because sometimes greed damages the trading plan.  usually what a professional trader does is consistent daily profits.  different from the investor he will buy and will hold it until he really makes a profit not thinking about the daily even he can hold it for years.  so here you specify you want to become a trader what investors.
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December 23, 2019, 05:52:44 PM
 #35

It purely depends on your situation as this is not the best time to sell bitcoin as we are awaiting for a bull run in order to do that but if it's emergency then you can sell it, or else set an auto trade to sell off if the value falls and set a buy trade as well if the value pumps back. Example if the value is 10 then set sell value for 9.90 and set buy back at 10.1 as you will be safe in terms of pump or dump.

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December 23, 2019, 06:18:34 PM
 #36

There is no perfect to time to sell or buy bitcoin. You will always be either late or greedy Smiley
The best time to sell or to buy - yesterday.
You can clearly say that they can choose the right time to make the money means they should choose the right investment option based on coins growth and fluctuations.
Next to that some top cryptocurrency will perform its growth when the bitcoin values goes to peak. Those coins might be helpful for long term investment like BTC.

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December 23, 2019, 06:38:21 PM
 #37

The price of bitcoin is stuck around 7000 dollars. I think if the bitcoin goes up to $ 15,000, there could be a huge wave of sales. People are more scared now. How will this situation be improved because Bitcoin has suffered a huge fall? New investors need to be able to trust the market.
We will have to wait a very long time if we want to see the price of bitcoin rise to $ 15,000. Perhaps it is necessary to wait until the end of 2020 to see such prices.
I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
No one can give you the right answer, you should make your own decision. If you think the current price is good, sell it.


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December 23, 2019, 07:15:15 PM
 #38

whenever bitcoin reaches a new ATH---and this obviously seems to happen periodically---literally everyone who has ever sold BTC regrets it.

selling at $32 in 2011 seemed perfect, at the time. but if you forgot about bitcoin for a couple years after that and woke up to 4-figure prices, it was actually a horrible time to sell.

i guess it comes down to this: if you sell, are you actually gonna buy back lower? most people will end up buying back higher than they sold.

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December 23, 2019, 10:24:28 PM
 #39

I am holding BTC from long time ago. And this time BTC going up can I sell now with this price? Or I can wait for more days?
Tried to look at what is best for you. If you are already in profiting, why not? But if you are still losing, I don't think you need to sell your coins( unless you need the money). The decision will always come from yours, we differ in buying price at the start then, it doesn't mean that we do selling at the same time.

R


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December 23, 2019, 10:57:14 PM
 #40

Extrapolating Bitcoin's trend into the future suggests it would be prudent to hold your BTC as long as possible. I know that's not a very precise answer but I believe it's the most correct one.

I have a friend who said, "When you start seeing $20K as the bottom and not the top, it'll start making sense." Think about it. $32 was a historic long term top, but after passing that level in 2013 we never went below it again. Same with $1163 after passing it in 2017. Each successive adoption cycle is marking price up into a new trading range, and never returning below.

To me, the only way to approach this situation is to never sell all your BTC. There's a good chance you won't ever get it back.

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