When is the perfect time to sell BTC?

[BartS]

When you think you gained enough profit then it’s time to sell. Since price cannot be predicted when it can increase you have to decide at what price is your goal to sell. Perfecting timing is when you see you are earning already. So setting goal could also help before you invest in bitcoin.

But many investor always greed when they have get enough profit butt keep holding until bitcoin back to lower price, when we feel enough and reach with selling target I think will sell my bitcoin investing although have higher price later, keep safety my investment is most important although raised with my profit target and keep doing the same with altcoin investing.

And it is because of this reason I do not like to base my decisions on my feelings, as traders we are always going to want to make more money if we did not had that desire then we will not be interested in investing in any market.

And this still leaves the question open, how to know when to sell and for the most part I let the market tell me what to do, if it begins to go down there is no point for my to keep holding a position that is already profitable and I will sell my coins.

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[darkangel11]

The perfect time to sell is only when you absolutely must.

Wouldn't you rather be holding a nest egg of Bitcoin rather than a depreciating asset like fiat currencies?

We could argue about that.

Here's some possible answers.

1. The best time to sell is never. Many of us are not traders and we do not buy BTC, but earn it. Some of us would prefer to spend it then sell it.
2. Sell it when you are at a life-changing profit. For one of you it will be a profit allowing you to buy a dream car, for another  to start a company, for someone else to start a business.
3. Sell it when you are certain there will be no regrets. If you feel like another 10% might be important for your financial future, don't sell it.
4. As long as you have fiat money and nothing to spend it on don't sell. Don't go all fiat just because you're scared, or because you feel like fiat is better, that's dumb. Go fiat when you have something to spend it on.

[d3nz]

I think its when the value start rising again and the best target price to sell at $10,000 and we need to make sure that we'll not be left behind of bullrun. That's one we need to always have a target price and stop-loss in case the price plummet suddenly.

And i think the value of Bitcoin will surely rise until the day of halving.

[Pinkris128]

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?

To be honest, it depends to you on what would be the right time to sell your bitcoins because there are some people who sell their bitcoins if we are facing a bear market to avoid huge losses and some who sell their bitcoin if we are facing a bull market to earn good profit. But for me the right time to sell your bitcoins if it started to move up to it's all time high, then i will buy bitcoin again if it's price started to go down again.

[BartS]

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?

To be honest, it depends to you on what would be the right time to sell your bitcoins because there are some people who sell their bitcoins if we are facing a bear market to avoid huge losses and some who sell their bitcoin if we are facing a bull market to earn good profit. But for me the right time to sell your bitcoins if it started to move up to it's all time high, then i will buy bitcoin again if it's price started to go down again.

Knowing when to sell your coins is probably one of the most important skills that any trader needs to have, and it is one that is incredibly difficult to acquire.

Most people concentrate themselves on the moment they enter the market but there are some traders that have made experiments and one interesting thing that they found out is that it doesn't really matter that much when you enter any market but when you get out and that is a personal decision that every single trader needs to take because the circumstances of everyone are different.

[piebeyb]

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 bought it at $ 3000 at the beginning of 2019, maybe it's been profitable for you to sell it now, but you might have seen today's bitcoin prices go up, if I were you right now maybe I didn't sell it, but it all depends on you, whether you want to sell it or hold it back, why not try to hold it for another year, who knows the price will increase and you won't feel in vain waiting for another year

[SaShiRaJaVu]

The OP last logged in around 2 days ago which was around 10 days after creating this thread but he never returned to participate after reading the flurry of posts.

He is overwhelmed with the response and he is more confused now with all the different responses  .
@OP
There is no perfect time to sell any asset and that is the reality, it all depends upon individual cases when you invest and the target you have in mind, which mean for anyone to invest in any asset you need to have a target and if you have that basic understanding corresponding to the market you will not be having this doubt  .

[dark08]

You can sell bitcoin "if" you gain a good return but if still lose then continue to hold your bitcoin yoir question is depend on the case pf the person who own bitcoin. In my case since I buy bitcoin at $7k now I gain a good return but I stil holding bitcoin and waiting for the 2020 halving.

[STT]

The perfect time is when you have to and have the genius to know BTC pricing will be in a negative trend.   I really have doubts to come to that conclusion right now, I previously thought we could drift sideways neutral to negative in effect as many will sell a do nothing market but at least short to medium term pricing seems to be more positive so far in 2020.

On this break above 50 day average, I've noticed a higher rate of volume.  Its purely just one look at an indicator of some strength to the price but it seems to be one less reason to be negative on the pricing even while we can pull back, often a pull back can be a kind of positive for gains to come after that.   This seems to be an increasingly positive meta however I need the long term to also come round and so till then I do believe we remain in a cycle and selling is possible just as much as buying after gloom and falling prices is.




So we've broken away from the 50DMA but also some negative trends from July from my view.   I would guess for a range currently upto 200 day average and possibly 8000 to 8500 needs confirm as a base for future gains to be stably occuring.  
Blue line on the price chart is a roughly week average price, lowest blue line is OBV trying to gauge strength of the move and as I said gradient is quite aggressive reflecting volume.

[outatime1]

Wait to sell until after the halving.  That's when the price will probably start to make a decent increase.  Hold on as long as you can after that to make the most profit.

[ultrloa]

Wait to sell until after the halving.  That's when the price will probably start to make a decent increase.  Hold on as long as you can after that to make the most profit.

That would be an ideal thing to do but in reality it's hard to see those up if we see some certain dumps gonna happen even though the halving will occur but if your patience is long then maybe it will be a perfect fit but try to extend your creativity to earn more and accumulate more volume and profit.

[Pamadar]

Wait to sell until after the halving.  That's when the price will probably start to make a decent increase.  Hold on as long as you can after that to make the most profit.

That would be an ideal thing to do but in reality it's hard to see those up if we see some certain dumps gonna happen even though the halving will occur but if your patience is long then maybe it will be a perfect fit but try to extend your creativity to earn more and accumulate more volume and profit.

Most wise investors chooses to accumulate while the value suffered from dumped and sell it up when seen good opportunities then buy it back
and continue the process. Though really tough to predict and anticipate but experienced dictates with some experiment with your strategy then
you'll be able to determine the perfect timing for your positions both in buying and selling your assets.

[Rasa nanas]

Wait to sell until after the halving.  That's when the price will probably start to make a decent increase.  Hold on as long as you can after that to make the most profit.

that's a very good idea, after reducing by half the possibility the price of bitcoin will go up. but until now I still have not seen the movement of the price of bitcoin, the price increase yesterday in my opinion is just an ordinary increase and it is a cycle. very difficult to see a bull this year 

[Landak]

the question is at what price do you buy bitcoin?
sell now it's okay if you already get a profit, the price when you buy is very low and now it's 10x from when you buy. if not, try waiting until the halving bitcoin is finished later and see if the price of bitcoin will be the same as the predictions expected by everyone here.
if there really is an urgent need, selling your bitcoin right now is not a problem in my opinion. so whenever you sell it is the right time because you have made a decision.

[Divinespark]

What price did you buy Bitcoin? And until now you have made a profit from buying bitcoin, the price has reached $ 8700 and is still increasing. If you buy bitcoin at a lower price than you currently are, you already have a profit, and you can sell it if that profit is satisfied with you. Or you can choose to hold some more time and wait for halving, the price will probably be much higher than the present

[Captain Corporate]

 I personally prefer the special days of bitcoin to do something like this. I mean I don't like to sell at any time and I keep my coins safe as much as I can but if I really "have to" sell I would rather do it on special occasions. Usually bitcoin doesn't care about those occasions and prices doesn't change too much but people get hyped about it so much that they buy it beforehand increasing the price and I hold it until the date and sell it right at that date before everyone realizes nothing major happens and they give up. Just to give an example I will probably hold all my coins until halving and at the day halving will happen I will sell my coins and wait for people to realize price is not skyrocketing and than sell and drop the price in which case I will buy back more bitcoins.

[btccashacc]

If you're holding bitcoin for long term you might specify for how long I should hold my Bitcoin, is it for 5 years, 10 years or so. But if you're holding Bitcoin for short term you should sell them once the price is going up, yeah buy low and sell high. I personally hold Bitcoin as a long term investment, even if the price is going up I don't sell my coins because I have specified the period for holding Bitcoin. when the time comes and the price is skyrocket I will sell those coins.

[MancyZz]

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 wait for more increase price maybe halving will coming. if you sell your bitcoin in bull run happen you will get more profit than now. but if you do not want to take the risk you can sell your bitcoin now and buy back when bitcoin decrease price then hold for long term again.  it can make you take more profit

[Hypnosis00]

If you're holding bitcoin for long term you might specify for how long I should hold my Bitcoin, is it for 5 years, 10 years or so. But if you're holding Bitcoin for short term you should sell them once the price is going up, yeah buy low and sell high. I personally hold Bitcoin as a long term investment, even if the price is going up I don't sell my coins because I have specified the period for holding Bitcoin. when the time comes and the price is skyrocket I will sell those coins.

It maybe we are different, I consider myself as a short term holder and just like what you've said...I sell my Bitcoins when seeing profits on it and buy back again. That was what I usually do and also I feel that it helps me to generate more gain rather than to be a long-term holder. I understand the risk of this and that it why it needs to be smart in doing decision.

[Bezobraznike]

If you're holding bitcoin for long term you might specify for how long I should hold my Bitcoin, is it for 5 years, 10 years or so. But if you're holding Bitcoin for short term you should sell them once the price is going up, yeah buy low and sell high. I personally hold Bitcoin as a long term investment, even if the price is going up I don't sell my coins because I have specified the period for holding Bitcoin. when the time comes and the price is skyrocket I will sell those coins.

It maybe we are different, I consider myself as a short term holder and just like what you've said...I sell my Bitcoins when seeing profits on it and buy back again. That was what I usually do and also I feel that it helps me to generate more gain rather than to be a long-term holder. I understand the risk of this and that it why it needs to be smart in doing decision.

   Hypnosis00 you are a day trader, or short-term trader, I think both terms are accurate. Your gains depends on choosing the perfect
moments for your trades. I respect your perspective, your profit depends from your daily decisions. But I don't wish to make daily
decisions to buy or sell, I make a decision to be in for a long-term, and for me there is no perfect time for selling Bitcoin for two reasons:
1. I think that every price bellow 500k is too low for selling Bitcoins.
2. If price reach 500k one day Bitcoin will be fully adopted everywhere, I will not have to sell it, I will be able to just use it!