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Author Topic: When is the perfect time to sell BTC?  (Read 2846 times)
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December 27, 2019, 12:30:31 PM
 #81

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?
It depends how much you buy your btc. Do you have a set target price? If none then you can sell your btc if you already gain profit, we cant tell how btc will progress for the coming days because it can turns up further or decline. But others prefer to wait after the halving because it might be an indication of another bull run to come.
if you don't need money, you should avoid it. for now, I still believe that the price of bitcoin can rise even higher. if you sell it now, you might regret seeing the price of bitcoin rise higher in the coming year. no matter you buy it when, but if the price is still under $ 10k it is still very worth holding right now.
hold back a little more until halving arrives, I think it's more worth it than selling it now.

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December 27, 2019, 12:58:30 PM
 #82

Wait for the end of the halving. That is unless you need money for your own necessities.
The fluctuation now and maybe even before the halving might get bumpy.

Whales might be telling lies about not doing anything with it. This could just be another strategy for profit which they want only for themselves.
We don't really know where it will end but there is a larger chance for a price increase.
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December 27, 2019, 01:28:14 PM
 #83

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 ever that's true that you are holding BTC for a long time, at least you should know by now when to execute your selling action.

What if I say, you must sell now, will you follow?
What if big institutions encourage anyone to sell their BTC now, will you follow?
What if the majority told you to sell today, will you follow?

You are just asking a impossible and non-sense simple question, why the heck I'm asking these questions back to you instead of just answering yours? The reason is, there is no person here who can tell you "WHEN" would be the perfect time to sell your coins. It will depend on how far you understand what you're really doing.

People have different preferences, try to find your own.

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December 27, 2019, 02:46:52 PM
 #84

Depends on your target price and your enter price. If you're already on a gain now, and doesn't want any more risk, then selling is what might be the best for you. Although you could get higher rewards if you hold, the risks are also higher. There's no perfect time, as the market is unpredictable. It always depends on your intuition of the market's sentiment to the next months/years.



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December 27, 2019, 07:04:47 PM
 #85

The perfect time to sell ones BTC is the time a trader or investor is comfortable with the profit he made through his holding or investment but it good to sell when it bull run market i.e when bitcoin halving effect take over all the crypto market.

And if he can buy bitcoin this year, I think he gets the lowest price of bitcoin because the price has reached $3000 so he only needs to waiting until bitcoin price can rise higher.
Bitcoin reached $3000? Are you pulling our legs because the last time i checked bitcoin didn't reach the price you mentioned neither will it be before the bull run market start.

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December 27, 2019, 10:57:51 PM
 #86

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?

Nobody will give you a satisfactory answer.
Many will say, you should sell, while some will say you should hold. But the truth still remains you only knows the right answer.
It's your finances, so it's your decision. I believe their are better days ahead. So if you feel positive, hodl more.
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December 27, 2019, 11:32:59 PM
 #87

the best time to sell Bitcoin is when you need it or when Bitcoin has reached the target price you are aiming for, IMO
right now I HODL several hundred thousand Satoshi that I bought when the price of Bitcoin was at $ 8k, I'm targeting to sell it if Bitcoin is at $ 16k.



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December 27, 2019, 11:59:48 PM
 #88

there is no exact time specification for selling your BTC. it's only you who decides. if I suggest is you can sell your bitcoin when it has benefited. and buy again when prices fall. but if you choose to hold it longer. I target you can sell it when the price is at the peak. (maybe $ 40k- $ 100k)
note: nothing is impossible in crypto. only you believe it or not. it is DWYOR to hold.
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December 28, 2019, 03:47:09 AM
 #89

I always make targets when I will sell my bitcoin and I always target that I will sell my bitcoin when bitcoin can go up as much as 40% of my purchase price. if you already feel you are making a profit then selling bitcoin now is the right decision. if you have not reached the target then you should still hold it. because in my opinion right now most bitcoin holders choose to hold their bitcoins and wait for bitcoin to pump after being reduced by half in May 2020.

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December 28, 2019, 03:56:26 AM
 #90

the best time to sell Bitcoin is when you need it or when Bitcoin has reached the target price you are aiming for, IMO
right now I HODL several hundred thousand Satoshi that I bought when the price of Bitcoin was at $ 8k, I'm targeting to sell it if Bitcoin is at $ 16k.
Set your target and make sure to keep your coins in your safe wallet. There's a lots of market sways that can affect every decisions that you'll going to take make sure you fully understand this business. Selling your assets when you already hit your goal is better than trying to sell it whenever there's unexpected downfall will lead you to lose your investment.
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December 28, 2019, 04:30:45 AM
 #91

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?

It is up to you, if you think your profit is worth selling then sell it.  No one can dictate whether it is the right time to sell or not except by yourself.

People often setup a selling price even before they bought Bitcoin so they won't be confused whatever happened to the Bitcoin market and sell it whenever it hits their target price..
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December 28, 2019, 04:43:40 AM
 #92

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 know that you are looking for advice but you do not give us any information about the circumstances in which you got your bitcoin, when did you bought your bitcoin and at what cost? What are your goals? What kind of investor or trader you want to be?

Without that information it is going to be very difficult to give you solid advice about what it could be the best course of action for you and your coins, and what could be some reasonable expectations for the price of bitcoin during the next year.
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December 28, 2019, 08:16:55 AM
 #93

the best time to sell Bitcoin is when you need it or when Bitcoin has reached the target price you are aiming for, IMO
right now I HODL several hundred thousand Satoshi that I bought when the price of Bitcoin was at $ 8k, I'm targeting to sell it if Bitcoin is at $ 16k.
I guess we will sell the bitcoin at any price in the market, especially when we need money. But although we sell bitcoin when we need money, we still trying to hold the other bitcoin because we want to sell the bitcoin when the price increase so high. If you're going to sell at $16k, you need to be patient for a while, and maybe you need to wait until the next year to see bitcoin will hit that price. This day, the bitcoin price finally increases, and we see that the price reaches $7307, so we can hope that in the next week, there is something change in the bitcoin market.

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December 28, 2019, 07:48:11 PM
 #94

The best time to sell bitcoin when the price goes too high or you get a very good profit. Don't be greedy, otherwise, you will lose your profit, even capital too. Just sell at a high price, if you wish to buy again, then buy at a low price. If the bitcoin price goes high then be sure the price will come to down, so, take the chance! Keep selling, keep buying. Don't just hold, good luck!

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December 29, 2019, 12:38:21 AM
 #95

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?

You can sell it anytime, when you realized your profit, or when you want funds right away, but if you are looking for profit to sell your Bitcoin, I don't think this is the right and best time to sell, you can delay it if you have read all the news right now, experts are predicting  for a better price in the second quarter if you don't need funds, delay it for a few months. 

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December 29, 2019, 12:46:41 AM
 #96

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 holding your btc for very long time, then, why are you now deciding to sell your holdings? But on my end, as long as you are already in profit from the original price of what you bought, that's fine already. It is you who can finally decide when to sell your btc -depending on your needs and priorities.
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December 29, 2019, 02:39:53 AM
 #97

For me as a long term holder, the best time to sell is at the peak if a price bubble. Of course it’s hard to time the peak so something at 75% or more if the peak would be acceptable to me for selling.

 
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December 29, 2019, 06:28:38 PM
 #98

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?

Set a price at which you will sell 10% and then every time price doubles that price sell 10% more. This way you always have Bitcoins so you never miss out if Bitcoin will be worth millions. But you also get some money out to spend for whatever you want. Maybe buying back  when bitcoin will be worth millions Tongue
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December 30, 2019, 11:20:49 AM
 #99

I don't get why you still ask this simple question.

sell when you are in profit already, and it should be based on your target.

You know what is the hindrance of not selling at the right timing, it's what we called greediness.
So if you are greedy, you might miss the best opportunity to sell.

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December 30, 2019, 01:42:06 PM
 #100

If you're sure you're going to get a lot of sales, I think it's all right to sell bitcoin now and then take the profit. Since Bitcoin's going to be very volatile tomorrow or in a week. So you're losing the money. In addition to speculation, the important thing to invest in crypto is morals not to be greedy. Sometimes people continue to hope that the value of a coin will continue to rise and delay selling, but the coin does not actually rise. And selling is the right decision if you already have profit
Most importantly, we just sell our Bitcoin with profit, not just by simply losing it. This will sometimes happen in common for panic sellers, they'll never look into the price they could lose but they just thinking of saving their assets. How was bad but that's their decision, saving their ass is not their focus...they just want to sell as they want to.

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