When is the perfect time to sell BTC?

[purebitco]

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...

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[TitanGEL]

It is subjective, all of traders have different strategies in terms of selling. I oftern using trailing stop and target profit. What is trailing stop, it is the time where the upward movement is finally over and I will cut my position. Target profit is about I setting up a potential rewards which is most likely between 10%-20%. It depends on you when is the best time to sell bitcoin. The most important is we should make profit and not losses when we sell our bitcoins.

[bitzizzix]

The most important thing in my opinion is you sell it in favorable conditions, so it all depends on you and if you are not satisfied with the price of bitcoin, it never hurts you to wait for the price of bitcoin to rise even higher.
but you also have to be careful because doubts can bring good luck and losses, because dissatisfaction can be a loss because the reason is when you already have the advantage and choose to continue to hold it and hope that the price of bitcoin continues to rise and in the end bitcoin goes back down and sharp, and finally you will regret having wasted the opportunity.
all decisions are in your hands and if you are in doubt, try to do further research and analysis about the next bitcoin movement and find the best information about bitcoin going forward, even though the current bitcoin movement is good, there is no harm in anticipating and wise in making decisions.

[asus09]

Get profit daily day with bitcoin is most effective way than you keep hold bitcoin with long time although have chance selling bitcoin with higher price, but you need daily source income for your needed by getting profit with short term trading in bitcoin and altcoin, look every day bitcoin goes higher and lower price where you have way how to get much profit with bitcoin and altcoin.

[andycarrol]

There is no perfect time to sell, but you must have a target to sell. Suppose you want to sell when bitcoin price touches $20k or $50k or even $100k. because you've holding long enough, so wait until the next halving, I hope history repeats it so that it can go above $20k.

[mahilchii]

There is no specific time or date to sell, if you are in the need of money desperately then why need to wait? At the same time if you are expecting some huge return kindly wait till halving. Everyday there is a change in value which seems to be a good sign for huge demand, take decisions carefully that's all I can suggest you.

[angryswamp]

It depends purely on your situation as it's not the best time to sell bitcoin as we're waiting for a bull run to do that, but if it's an emergency you can sell it. Or else set the auto trade to sell off if the value falls and if the value pumps back, set the buy trade as well. For if the value is 7500 then put some of the coins you've got to sell and wait for the price to go down to buy back to the lower rates

[pearnapple]

Your question can not be answered because it depends greatly on personal circumstances.   The really simple answer is that there's no good time to sell if you don't really need to, so long as Bitcoin is a viable product it's very likely to keep gaining in the long run.   Decide when to sell if you don't believe that BTC is a viable alternative to fiat and there's your choice, otherwise it's a brand new product, a market that never existed before and you're fortunate to see it all start.

[Duzter]

It is simple, you sell when you are in need of money. If you aren't in need for money just hold it as the market grows with time. Above all it is good to sell today and buy back today itself. This means sell at a price high and buy back at a price low to it. This will get profit and help with the accumulating bigger volume of bitcoin when practiced regularly.

[Savemore]

Are you aware that profit is made from buying ang not from selling, there are a lot of opportunities in trading but we are not used to see it because of the lack of experience and lack of knowledge that we have. If you will ask what is the perfect strategy then I'm sorry because it is not existing, there is no strategies that can be called as holy grail. The right time to sell is depends on our plan and also in our trading psychology.

[BigBos]

looking at current prices, if you buy bitcoin at the end of 2019, then the profit you can get now reaches $ 2000, because the addition is about $ 2000 from $ 7000. however, this is one of the conditions for selling assets, and if you sell your assets now you have made a profit. but, I suggest to hold back a little longer.

[watergold]

Indeed, if the OP still holds up to now the OP has many advantages now because the price of bitcoin has grown well but that too if it is not sold.
Yeah it's better to last longer because bitcoin reaches $ 10k in the near future if you buy now there is still a chance to go up because bitcoin will continue to go up like current flows.
It's not too late for bitcoin to buy now.

[kapalmabur]

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?

Have you sold it now? the price is now reasonable to sell, and wait for the correction again,
because Bitcoin could have returned to the level $ 7000

[hendra147]

its depending about your trading strategy, if you typical long term trader, just wait it, bitcoin will reach $15k and maybe 50k in next year, but if you are short term trader you can sell it right now, i think you have get few percent of profit, its better than you see market turn down before halving.
crypto market movement is very fast not like other market like forex , sometimes you will see flash pump and flush dump, just sell it now before you panic you see the market at flash dump

[asus09]

its depending about your trading strategy, if you typical long term trader, just wait it, bitcoin will reach $15k and maybe 50k in next year, but if you are short term trader you can sell it right now, i think you have get few percent of profit, its better than you see market turn down before halving.
crypto market movement is very fast not like other market like forex , sometimes you will see flash pump and flush dump, just sell it now before you panic you see the market at flash dump

I like with trading short time strategy because looks most profitable to get much profit than we only use long term waiting with bitcoin reach above $15,000 where take about two or three months later, but if short term trading give you profit every although not higher but if long term way for trading we must looking for other sources income.

[cryptoangel]

its depending about your trading strategy, if you typical long term trader, just wait it, bitcoin will reach $15k and maybe 50k in next year, but if you are short term trader you can sell it right now, i think you have get few percent of profit, its better than you see market turn down before halving.
crypto market movement is very fast not like other market like forex , sometimes you will see flash pump and flush dump, just sell it now before you panic you see the market at flash dump

I like with trading short time strategy because looks most profitable to get much profit than we only use long term waiting with bitcoin reach above $15,000 where take about two or three months later, but if short term trading give you profit every although not higher but if long term way for trading we must looking for other sources income.

Most of the peoples are expecting more profit, But everyone accept the enough profit. So this is the perfect time for day trading and huge investors are hold the long term but if we satisfy we can sell at any time. We are not waiting for $15k USD because once it is rise constantly, It will grow rapidly on further days.

[Wexlike]

Something to consider: Satoshi may have always realized that an appreciating asset like BTC will tend not to be spent but used as a wealth store. But had such a vision been made explicit at a time when it was launched, I doubt the coin would have gained any traction at all. There is actually a need for an illusion to users that some tangible use like payments is the reason behind needing the coin. I think the initial bootstrapping of Bitcoin to a value after which it gained traction as a wealth store was down to that deliberate ploy of playing down the factor that later would be the key reason for the value.

You can see most alts struggling because from their inception, people now tend to see them as ways of making money and that proves a serious hurdle in them moving away from a pump and dump playground in their infancy. Monero folks I think realized this and tried their best through the campaign of asking people to use and not just buy the coin. But it's hard now to get people to see new coins as something more than wealth making assets.

[marcous]

maybe you can sell some of the BTC you have and hold for part of it. or if you are in doubt sell everything and buy back again. especially if you feel you've got enough 100% profit, sell it better I guess. because BTC is starting to undergo correction now. and people start to panic sell I guess. because from some of the information and analysis that I got this week, Bitcoin will correction first, maybe the next 1 or 2 weeks will move up again. all depends on your thoughts and conscience.

[AmoreJaz]

its depending about your trading strategy, if you typical long term trader, just wait it, bitcoin will reach $15k and maybe 50k in next year, but if you are short term trader you can sell it right now, i think you have get few percent of profit, its better than you see market turn down before halving.
crypto market movement is very fast not like other market like forex , sometimes you will see flash pump and flush dump, just sell it now before you panic you see the market at flash dump

I like with trading short time strategy because looks most profitable to get much profit than we only use long term waiting with bitcoin reach above $15,000 where take about two or three months later, but if short term trading give you profit every although not higher but if long term way for trading we must looking for other sources income.

actually, short term trading will give you good profit in the long run. that is, if you know what you are doing. because if you accumulate those profits for a certain number of months or years of waiting, sometimes it will give much more than what you expect. and the only basic rule you have to follow - buy low, sell high. i guess you will never go wrong with that trader's motto. so asking for the perfect time to sell? it will always be the time when you are selling it at above your buying price.

[BartS]

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.

I am not so sure that it is the best idea to sell your coins after an arbitrary amount of time, unless you have been holding your coins for years and you have endured some crashes in the market it is difficult to know if you are still going to hold your coins in the case a negative event occurs.

I know I can hold my bitcoins because I endured the bear market of 2018 and I am still here but many people will not be able to do something like that even if they thought they could.