enwi
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December 24, 2019, 02:18:07 AM |
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in my opinion, it depends on the price when you buy bitcoin compared to the current price, whether you have made a profit or not, if it is then it is not a problem to sell but if not then it is better to keep holding and waiting for the right moment
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alexsandria
Sr. Member
Offline
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
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December 24, 2019, 04:10:56 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?
I wanna know when did you specifically start to hold your btc? Did you by any chance passed by December 2017, and didn't even mind to sell some? Because that was a very perfect time to sell if you are wondering but as of today just hold. Well, we don't know yet when the market will soar but one thing is for sure right now is that halving would come, and it will surely make the price more decent.
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barabarian1
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December 24, 2019, 04:26:24 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?
if you are sure to get quite a lot of profit I think it's okay to sell bitcoin now and then take the profit. because bitcoin is very volatile tomorrow or in a week it will decrease. so you lose your profits. the important thing in investing crypto besides speculation is emotional control not to be greedy. sometimes people keep hoping the value of a coin will continue to rise and delay selling but in reality the coin does not increase. so if you already feel profitable, selling is the right decision.
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maydna
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December 24, 2019, 05:33:08 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 hope you already sold your bitcoin in 2017 because, in that year, your profit will be bigger than now. But if you cannot sell in that year, you will have another chance to sell your bitcoin in the next bull run that will come in the next year. If the bull run is not happening in the next year, then you can wait for more so you can sell the bitcoin at a higher price. But you can sell it right now if you want, so you can take the profit while you can wait for another bull run. But if I were you, I will wait for a while, and no matter how long bitcoin price will increase, I will be patient because I want to sell at the highest price.
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BlackFor3st
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December 24, 2019, 06:54:38 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?
Can you give us the exact date on how long you've been holding your bitcoin? Because selling is someone's choice and we have a different goals for bitcoin price before we like to sell it. Frankly speaking, the best time to sell is when the market is in the peak of it's price and if you are wondering when is the peak price of bitcoin. It occurred last 2017-Jan 2018 and if you are only holding for less than a year and you call it a long time ago already then you still have plenty of experience to gain in order to become a good investor.
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Wexlike
Legendary
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Activity: 1473
Merit: 1086
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December 24, 2019, 10:28:40 AM Last edit: December 24, 2019, 12:12:45 PM by Wexlike |
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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?
No, wait 1-2 more years! if B<20k in Nov 2020 hold 1 more year and sell if B>20k in Nov 2020 sell edit: I suppose out of all the information and fors/ againsts I had digested over the years, the thing that stuck by me the most, was not the currency abilities of BTC, but its network effect/ longest chain and thus store of value feature that would be a natural outcome.
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Oneandpure
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December 24, 2019, 11:30:40 AM |
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I have planning what is the perfect time for selling bitcoin, next year we will got best moment with bitcoin halving and prepare your investing with bitcoin until two weeks later for bitcoin halving you have sell your bitcoin, I think two weeks before bitcoin halving moment price of bitcoin can raise up with higher and you get much profit because I predict can up more than 70%.
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dimonstration
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December 24, 2019, 11:53:14 AM |
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I have planning what is the perfect time for selling bitcoin, next year we will got best moment with bitcoin halving and prepare your investing with bitcoin until two weeks later for bitcoin halving you have sell your bitcoin, I think two weeks before bitcoin halving moment price of bitcoin can raise up with higher and you get much profit because I predict can up more than 70%.
As halving can help for the price to increase, but we should note the time we invested. Those who invested before the price dump after ATH might still not reach the amount of BTC by next year. We must decide now whether to trade it or stop loss already by next year before halving happens. I'm thinking of what to do too.
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Juggy777
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December 24, 2019, 12:44:47 PM |
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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?
@Rebelbd even though I am not aware when you have purchased your coins, I yet would advise you to hold onto your coins unless you need to sell them for sudden emergencies. In my opinion bitcoin prices should rally upwards before the halving event takes place, hence you should consider holding your coins till then. Source: https://www.newsbtc.com/2019/12/19/bitcoin-halving-catalyze-fomo-large-bull-run/
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OrangeII
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December 24, 2019, 12:50:37 PM |
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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?
No, wait 1-2 more years! if B<20k in Nov 2020 hold 1 more year and sell if B>20k in Nov 2020 sell edit: I suppose out of all the information and fors/ againsts I had digested over the years, the thing that stuck by me the most, was not the currency abilities of BTC, but its network effect/ longest chain and thus store of value feature that would be a natural outcome. if he really can last for years, it's very good to do. but holding it for years is very difficult, especially when the price is already $ 13k, it is very difficult to hold our assets to hold. but for the better, wait after halving, and the longest is in 2021.
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Kelvinid
Sr. Member
Offline
Activity: 2828
Merit: 344
win lambo...
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December 24, 2019, 01:47:03 PM |
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I have planning what is the perfect time for selling bitcoin, next year we will got best moment with bitcoin halving and prepare your investing with bitcoin until two weeks later for bitcoin halving you have sell your bitcoin, I think two weeks before bitcoin halving moment price of bitcoin can raise up with higher and you get much profit because I predict can up more than 70%.
As halving can help for the price to increase, but we should note the time we invested. Those who invested before the price dump after ATH might still not reach the amount of BTC by next year. We must decide now whether to trade it or stop loss already by next year before halving happens. I'm thinking of what to do too. Hope we've got what we are expecting to happen and have been successful to our plans. Meanwhile, we have to listen and keep track of market changes cause not halving could only help for the market price to soar high, it can some sort of it. We only have 7 days to go before we end up this year and we are still getting low from the bullish that most are expecting. But the price is still high (for me), it is $7k plus, not bad at all.
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killerfrost
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December 24, 2019, 05:17:59 PM |
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If you have held BTC for a long time, it is best to wait longer, Why don't you sell BTC when it reaches $ 13500 this year, now the price is very low so you should not sell it. This is a good time to start buying not selling, BTC will soon go up above $ 15,000 in 2020 by halving so you should have more patience
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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December 24, 2019, 05:26:51 PM |
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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?
Perfect time to sell your coins is up to you, but it should always be a time when you have made profit, although it doesn’t work out that way for some people. I can remember there was a time I never had enough money to invest in Bitcoin and when I invest the price would go down at a time when I’m in need of using that money. I would have no other option than to sell my coins and use the money to solve my problems. That almost made me stop investing in Bitcoin. I got pissed because I was not benefiting from it, the price was always going down at a time when I needed the money and that’s how I will always end up with loss. It was like that most times until things changed and I was able to Hodl for a long time.
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FanEagle
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Activity: 2912
Merit: 1120
Leading Crypto Sports Betting & Casino Platform
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December 24, 2019, 06:33:29 PM |
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Shouldn't sale all depend on what you do with your life? At the end of the day some person can wait until they die and inherit that to their children, some people may hold until they retire and sell it to have a better retirement, some people may save until they buy one thing they have been wanting and some people just buy/sell daily.
Honestly, there is no X price to sell bitcoin that makes sense to every human on earth, that is not possible because we are all different people with different needs and wants and wishes so the price to sell bitcoin for all of us changes. I personally want to have a million dollars, I don't care what the price of bitcoin is but if my bitcoin worth ever comes close to that I will definitely sell, this doesn't work out for everyone for example.
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exstasie
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Activity: 1806
Merit: 1521
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December 24, 2019, 08:07:48 PM |
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It's impossible to consistently sell near the top and buy near the bottom. Most experienced position traders will tell you to DCA (dollar cost average) your entries/exits in "ranges" rather than trying to pinpoint the perfect time to buy/sell. Entering or exiting all at once usually leads to significant drawdowns and missed opportunities.
In my opinion, the $6,000s and $7,000s are a buying opportunity. I believe we will reach new ATHs next year or 2021 at the latest. We can't know where the next bull market top will be; it could be $30K or $300K. All we can really do is sell into irrational bubble behavior and wait for the price to crash.
Based on the 2015 and 2018 bottoms, I probably won't be selling below $60K. There's a decent chance after the following bear market that we'll never return below $50K-$60K again.
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vintages
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December 24, 2019, 09:30:47 PM |
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Selling of Bitcoin will be always regard as a thing of choice and not something done out of time. When the price is high most Bitcoin owners will want to sell. When the price is low, they will always want to sell. Therefore, do what is best for you. However, try not to sell out of panic or influence.
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samcrypto
Sr. Member
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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December 24, 2019, 10:38:36 PM |
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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?
The price is still not going up, and if you are planning to sell make sure that your selling price is higher than your buying price. You’re holding long time ago with bitcoin, you must have the target price for you to know when to sell and stop yourself from taking too much risk on holding. The best time to sell is when the price hit your goal with bitcoin and of course when we enter the bull market.
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darkangel11
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Activity: 2408
Merit: 1352
Don't let others control your BTC -> self custody
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December 24, 2019, 11:57:09 PM |
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It's impossible to consistently sell near the top and buy near the bottom. Most experienced position traders will tell you to DCA (dollar cost average) your entries/exits in "ranges" rather than trying to pinpoint the perfect time to buy/sell. Entering or exiting all at once usually leads to significant drawdowns and missed opportunities.
In my opinion, the $6,000s and $7,000s are a buying opportunity. I believe we will reach new ATHs next year or 2021 at the latest. We can't know where the next bull market top will be; it could be $30K or $300K. All we can really do is sell into irrational bubble behavior and wait for the price to crash.
Based on the 2015 and 2018 bottoms, I probably won't be selling below $60K. There's a decent chance after the following bear market that we'll never return below $50K-$60K again.
I like your prediction and feel the same about the price. I found the best way of getting more Bitcoin without regrets is getting rid of an addiction or some unhealthy habit and dedicating the money to buying BTC every month. Just spend some of that money you'd otherwise spend on booze or hookers on BTC and you won't regret it. Trying to fish for tops and bottoms is gambling, nothing else. I also believe that we're going up in the long run and another bull market when we break 20k won't be 25k or 30k. It's going to be 50k+ I've been watching this market for a long time and we both are probably wrong with that 50k prediction and it will sell some at that level but the price will to to 100k. I did that when we were going to 20k. Took some profit at 7k because I thought the price was already crazy, over 7x the previous ATH, but it did not stop. That's how powerful BTC bull runs are.
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Distinctin
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December 25, 2019, 02:37:02 AM |
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Selling of Bitcoin will be always regard as a thing of choice and not something done out of time. When the price is high most Bitcoin owners will want to sell. When the price is low, they will always want to sell. Therefore, do what is best for you. However, try not to sell out of panic or influence.
Depending on your choice? Because it happens to me last time when I really need the money and I have no choice but to sacrifice and sell it even I could lose some bucks. It was a wrong idea but somehow it helps me out from nothing. For it sometimes we need to think about what is better and what could be the result, sacrificing someone isn't really but to be the right decision it should be.
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CodyAlfaridzi
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December 25, 2019, 02:41:09 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?
Uhm, December 2017? JK, you can't know when you can sell for maximum profit. So, the best time for selling is when you're satisfied with the profit. If you feel this price is fair, then sell now. If you still expect more upward movement, then wait. I personally would wait considering what's coming up in Bitcoin: the halving.
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