What is the Best Time to sell ?

[cosmicbtc]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

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[mk4]

Should I hold for more time?

It's completely up to you. Do you personally think that bitcoin will be worth more in the future? If so, then hold. If not, then sell. It's that simple.

Should I buy some more now only or wait if the price dips a bit?

As always, bitcoin could go either way(up or down). Probably put yourself in a situation whereas you can take advantage if bitcoin either goes up or goes down. Probably buy in with 50% of your cash and have the other 50% ready for when bitcoin drops. Again, only you can answer this because we don't have a single idea on your financial situation.

In general though, for people that have little to no idea with investing, Dollar Cost Averaging(DCA) is probably going be the best choice.

[favebook]

Buy the fear, sell the news. Always worked best. In other words, sell highs, buy lows. It can be hard to hit top and bottom exactly but it works like a charm for me for almost 2 years of doing that.

But seriously... No one can tell you if it's smart to hold/buy/sell right now or ever. DYOR, never risk what you cannot afford to lose and do not trust your feelings, always look at thing objectively.

[tomahawk9]

Should I hold for more time?

Maybe? Maybe not? You should always set a target price at which your're willing to sell, otherwise, you're gonna keep wondering  over and over again whether you should hold or not

For instance, mine's around $18k which is the target where i'll be in profit after my initial btc investment a few years ago. Find your entry point (price when you bought), pinpoint what you consider your optimal short-term/long-term profit target (17k? 20K? 25k?), and then hold until btc hits that price.

Should I buy some more now only or wait if the price dips a bit?

the great debate, isn't it? but again, set a price target at which you're willing to buy more given your current capital available in your portfolio

[sunsilk]

We can't dictate you what you do. The answers that will be given to you still needs to be certified by you, if you want to follow any of those. The common strategy is to sell when you are in profit. Don't panic if you have sold at a bad price timing, you always need to be patient in holding and buying bitcoin.

Losing your patience will result to more question from you. Choose to buy if you think the price is down and you're confident that you're ultra fine with that price. After that, hold it and wait until the price goes up. It's simple to say but hard to decide whether you will sell or keep on holding.

[skarais]

Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

1. You can still hold your bitcoin for longer if you still believe that the price has the potential to go up. But you can also sell them once you get the profit you targeted earlier.
2. Returning to your first statement "You don't have to think much when buying something." I think this is the best option you can do without waiting for the price to drop. Bitcoin's price volatility cant be predicted with certainty, all you have to do is not invest all of your capital at the same time because you can still buy more if the price dump lower at any time.

[Axelseseclevz]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

It's up to you if when you are going to sell your bitcoin  as long as you can make profit because selling is depends on the price when you bought it. Bitcoins value is volatile and you don't know if when it will dump and pump. So, try to play the market movement and learn from it.

[Assface16678]

Just make a concrete plan of selling point. It will be somewhat subjective. Think of a market value that you won't regret selling at that point. If the price increases upon selling, make a way to not regret from doing so. If the price continues to increase and you are not yet satisfied with your profit then invest. There will be doubts for sure. Hesitations such as "what if the price suddenly fall?". That would be greed at any sense. Be contented with the fact that you already earned profit. You won't be able to take all, it is investment we are talking about and profit is not always certain. Contradict your thoughts to minimize anxiousness.

[Asuspawer09]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

I guess when you sell your bitcoin and then the market price increases that just means that you lost profit in the investment. But if you think about it you still earned a profit if you sell your investment at a good price.

- For you, it's up to you if your gonna continue to hold your investment as long as you sell your investment at a price that is higher when you buy it.

-If your planning to invest again you should wait for the right time when the market price is a dump so that the potential profit is higher.

[ethereumhunter]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

You can sell it anytime, especially if the price can touch the highest price. That will be the best time to sell because if you wait for more, you will not have a chance to sell it again and you will need to wait for more. You can buy bitcoin when the price drops too deep and don't need to wait for more because the price can bounce to the high price. But it is up to you when you want to sell and buy bitcoin because we will have different analysis to buy and sell.

[kevinzxz]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

Should I hold for more time?
My advice is that you better prepare a target for the profit you want to get, so if the price rises according to the target you want, then you will no longer hesitate if you want to sell it.

Should I buy some more now only or wait if the price dips a bit?
My advice is that you better buy it now, because if you wait until the price falls and apparently the price continues to increase, then you will definitely regret missing the opportunity to get profit.

[Ratash]

For bitcoin i think that what we learned from years of observing is that after a big pump in bitcoin like now if the price is stable or still increasing for a month or two then its best to hold on to it but it depends on the price you bought bitcoin at so if you bought it long ago when the price was at 6k or 7k then you can sell it now that the price has almost doubled but if you bought it recently and you have very few profits then its best to hold on a little bit.

[Wesleyeric]

The best time to sell is when you need to do transactions with bitcoin or you need a physical cash, when ever you need this, that is your best time, You have the answer by yourself, You can’t ask someone when is the best time to sell in your store, You sell anytime of your choice, You don’t need to work on what people tell you in bitcoin do what you think is right for you ok.

[raidarksword]

Do not fear with that kind of situation because if you think that way you will not succeed in the crypto space and risk will always be there no matter what. So, if you are having a profit then you can sell and buy again for a lower price, just like that cycle if you want to be a trader. Then, if you want to be a holder you must be tough no matter what's the situation will be. Failure will make you a better man, so don't fear it and let your experience be your teacher.

[taufik123]

Set a target, then you can decide where to sell it.
If you are lucky you can sell it, but if you still lose, keep it.
Everything is very simple, you only need to say what percentage of the profit you want to get. If you want to have more profit, buy cheap and sell when the price is high.
Buying more can be an investment, but pay attention at what price you buy, don't let things like Buying at a high price and selling it at a low price, that's not very good.
Set a target and the problem is over, don't be too greedy.

[1kodumtek7]

When we start seeing news like "Bitcoin price has increased", it means that it is time to sell our Bitcoin. Whenever they published news like this and made irrelevant people buy Bitcoin, the price fell down.

[seoincorporation]

Is important to have a goal when we are holding, because as fast as it goes up now it can drop at any time, you even should put your sale order at that goal, that way if the coin has a crazy spike you get the profit you want. If you buy now at $13500 a nice goal should be $15000... if you reach the goal you have two options, wat the coin drops and buy again, or buy another altcoin and set a new goal.

[cabron]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

The poorer you are the more you should be thinking of your action. I don't know why you wouldn't have to think if you want to buy something, but investors think and read bars before buying. The best time to sell is when you profit but in crypto the longer you hold the better profit you will get especially if you wait for the bullrun. The ones who invest just a few of their money have no choice but to wait for the bullrun.

[Tamim121]

Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

If you have money to maintain you and your family then hold more time. In my opinion Bitcoin price will hit $ 14k. If you need money then give priority of your need. Then sell it. It's totally depends upon your need.
If you have enough money to buy more Bitcoin then you can buy it. But wait for low price. Bitcoin is so much volatile coin.  For investment you need to wait.

[shamimal93]

You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases?
As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions......
Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

Honestly, it's up to you.  You must not sell your bitcoin at a loss.  So if you want to sell bitcoins for a small profit then it is your own choice.  And if you think the price of Bitcoin will go up further, you can hold on.  My advice here would be to sell Bitcoin for profit if it is met.  Because excessive greed never brings good results.