Rebelbd (OP)
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December 23, 2019, 08:20:56 AM |
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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?
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jossiel
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December 23, 2019, 08:28:47 AM |
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You can decide whenever you want to sell because you've been holding it for a long time so it's your choice whether to sell or not. It's also your verdict to wait a little further to see if the price will increase the current we have.
As for perfect time of selling, as long as it's more than the price you've bought and you're in profit, you're in good.
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kevin_
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December 23, 2019, 08:32:37 AM |
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Taking financial advise from complete strangers is not a wise thing, in my opinion. Make your own research instead. I would start by studying chart patterns.
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crwth
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December 23, 2019, 08:33:55 AM |
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No one could say when is the best time to sell your holdings, and it would depend on a couple of things. - You need the money and need to liquidate as much as possible
- Depends on your technical analysis, when there is trend reversal
- There is profit already with your initial trade
- You want fiat
There could be a lot more reason but I think I listed already the common thing with regards to the selling your BTC.
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samuraijin
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December 23, 2019, 09:21:03 AM |
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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?
that is your bitcoin, you have to determine a good selling price and needed by you, if you don't really need cash or fiat at this time, you can hold it until next year, I think next year the price can be more than this, but you must bear the risk yourself
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Astvile
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December 23, 2019, 09:35:09 AM |
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Perfect time is always when you are in the profit side. Every time you profit thats the right time to sell. Dont be too greedy waiting for huge multipliers you'll just lose money. Dont ever fall for people saying hold and hold just sell and re roll your money to make more profits.
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mk4
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December 23, 2019, 10:04:15 AM |
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Probably order any of these on Amazon and try asking it: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fq5lBy5x.png&t=665&c=4TUT_oZEAmOxvQ) Seriously though. If I knew when the perfect time to sell BTC is, I'd be freakin rich.
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Kemarit
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December 23, 2019, 10:07:44 AM |
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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?
LOL, I'm sure no one here can decide for you. Of course the rule of thumb is that if you are already in a profit then you can sell them. But the thing is that the price can go either direction and it's really difficult to give someone financial advises here. It's really up to you to decide, take everything into consideration, profit wise.
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Chrystora123
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December 23, 2019, 10:09:02 AM |
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just a suggestion.. sell your Bitcoin when you make a profit, don't sell your Bitcoin when prices go down, HODL as long as possible until it really makes a profit. I have already HODL Bitcoin for more than 1 year, if I sell it now then I will be very disadvantaged.
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Darooghe
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December 23, 2019, 10:14:44 AM |
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It depends on your investment strategy and investment risk profile. if long term and medium to high risk then hold and use dollar cost averaging to increase. If short term, low risk then why would you invest in crypto? sell now and choose cash or bonds. Investment for the future is all about knowing what you want to accomplish and choosing the appropriate financial vehicle to achieve it. I'm 34 and crypto is only a small part of the vehicles I've chosen. However I'm also looking long term maybe 5-10 years or more in investment terms, and have a high risk investment profile. Crypto fits nicely and I won't be selling any time soon.
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Genemind
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December 23, 2019, 10:24:17 AM |
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No one can decide for you because your decision must depend on your target goal. Upon investing, you should set a target goal and sell your Bitcoins when you have reached it. Of course, applying the basics which is to buy low and to sell high would help you earn a good profit.
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red4slash
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December 23, 2019, 10:26:32 AM |
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if your investment has already made a profit then it is better to sell it, but if you have a certain target price that has not been reached then you need to wait again, and for sales problems depend on you because you know the price of buying it and you also have full rights to sell it
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yazher
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December 23, 2019, 10:26:40 AM |
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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 you can see the price is increasing at some decent rate today, the more it goes up the more of the amount you can get after buying from less than $7k last week. you can sell it now or wait for a few days if you want quick bucks. however, the best thing to do is hold them for long until the Bitcoin halving comes, where most of the investors will buy some bitcoins at a highest price.
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killerfrost
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December 23, 2019, 10:27:54 AM |
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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?
I don't know when it's a good time to sell BTC because each buyer is at a different price and has different goals. So depending on the price you bought and set a target that suits it. Hold until you make a profit, never lose patience with this market
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BuNga_cute
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December 23, 2019, 10:29:39 AM |
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If I were you, I would sell part of it at the current price to enjoy profit. And partly I would sell it after the halving event, even if after halving the price goes down. Not a problem I can buy again with capital from the sale of bitcoin today. I think it's the best decision. But the final decision is yours, I only give input according to the results of my analysis.
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gentlemand
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December 23, 2019, 10:32:42 AM |
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The perfect time to sell is when there is nothing but euphoria flowing. That's when you know it's riding for a fall.
Since there hasn't been a sign of euphoria for several years and you've been waiting several years why would you consider it now?
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TravelMug
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December 23, 2019, 10:43:45 AM |
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Then much better to continue to HODL on it for the next coming years and wait for the next euphoria, as @gentlemand have said, Lol. Perhaps the next euphoria will make the price bubble again in 2020-2021. So I don't know if the OP has what it takes to wait that long though. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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White Christmas
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December 23, 2019, 11:03:57 AM |
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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.
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henrybek3
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December 23, 2019, 11:12:29 AM |
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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.
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aomakun
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December 23, 2019, 11:43:49 AM |
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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.
but it takes more time if you want to reach the price you said, and I think he did not provide information about the purchase price and capital but if you already get a profit I think it's good to sell first and if you want to buy again then do some research again. the goal is to better secure the funds already spent, but the biggest decision is in him
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