What is the Best Time to sell ?

[plast555]

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 think hold is better for trade. Many time you saw that a coin price is fall down. But after time it price increase. If you want to trade it is high risk cause you can not wait few days. So i tell you need hold.

Maybe you don't know what trading actually is. otherwise you would not say that holding is better for trade.. Trading is Buying an Selling. there is no way holding is better for trading. I would say holding is not even linked with trading. trading and holding are 2 different thing.
you either hold or you trade (Buy and selll)if you want to trade you need to accept all the risks. otherwise you can hold and never trade.

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[Savemore]

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 think hold is better for trade. Many time you saw that a coin price is fall down. But after time it price increase. If you want to trade it is high risk cause you can not wait few days. So i tell you need hold.

Maybe you don't know what trading actually is. otherwise you would not say that holding is better for trade.. Trading is Buying an Selling. there is no way holding is better for trading. I would say holding is not even linked with trading. trading and holding are 2 different thing.
you either hold or you trade (Buy and selll)if you want to trade you need to accept all the risks. otherwise you can hold and never trade.

There are people who considered their selves as a trader but they just buy and forget wherein they will hold the coins that they bought. Holding and trading are not the same and they have different concepts, you can call yourself as a trader if you are aggressively buying and selling cryptocurrency while a holder if you will just and forget wherein you will sell it for months or even years.

Selling is more important than buying, there are only few people who are dignity selling the cryptocurrencies that they bought before. For those who want to know my selling strategies, it is simple; I will only sell my coin if it got invalidated where the price goes into my cut loss and the other one of my target profit is hit. For example I bought bitcoin at $10,000, and my plan is to sell it if the price goes up to $14,000 then if the price of the bitcoin goes that level I will sold it immediately because it is the plan that I created and as a trader following my plan is important and I should always follow it.

[CryptopreneurBrainboss]

 

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

More you hold then more chance to make profits in crypto space but buying more depends on your ability but keep buying as much as you can from your every pay check.

Seconded, my earlier reply was focusing on altcoins which is why I was emphasizing on selling when you're in profit that's taking profit and rebuy when the market is in red like currently. But since you focus coin was bitcoin. You just have to keep buying at any given opportunity you see because the future won't present similar buying opportunity like what we're currently experiencing.

As you can see earlier this year the market gave a very big discount of almost 55% of its previous all time high of 2020 but not many seize the opportunity to load their bag and now the price has left them all behind. Give yourself a timeframe of atleast 10 more years as that'll mark the second century of bitcoin existence and I'm positive the price then will be far above what the price now, currently is.

[MCobian]

If there is no urgent need don't sell Bitcoin now, because the Bitcoin price is bullish. So hold for more time is a step that should be done.
Don't even ever stop collecting Bitcoin, the more Bitcoin we have managed to collect. The greater the profit we will make, because the
price of Bitcoin will continue to rise, so don't just be a spectator.

[mersal]

Give yourself a timeframe of atleast 10 more years as that'll mark the second century of bitcoin existence and I'm positive the price then will be far above what the price now, currently is.

The price will be at least 5 times bigger than the current all-time high for sure in the next 10 years even if the crypto market becomes less volatile in the meanwhile period. Only thing that missing from crypto investors are enough patience, they just want to make profits in weeks and months but for a normal stock trader it will at least take a decade or two to make the life-changing profits which should be applied to the crypto market as well for better returns than in the stock market.

[dunfida]

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

More you hold then more chance to make profits in crypto space but buying more depends on your ability but keep buying as much as you can from your every pay check.

Seconded, my earlier reply was focusing on altcoins which is why I was emphasizing on selling when you're in profit that's taking profit and rebuy when the market is in red like currently. But since you focus coin was bitcoin. You just have to keep buying at any given opportunity you see because the future won't present similar buying opportunity like what we're currently experiencing.

As you can see earlier this year the market gave a very big discount of almost 55% of its previous all time high of 2020 but not many seize the opportunity to load their bag and now the price has left them all behind. Give yourself a timeframe of atleast 10 more years as that'll mark the second century of bitcoin existence and I'm positive the price then will be far above what the price now, currently is.

People would always be hesitant yet we've known that its has always been a question in mind on whats the possible bottom thats why they dont really buy up into those red time
where it is actually the best time to accumulate and load of your bags but majority do missed it.Most of the time people do make buybacks when the price had already clinged up
not onto those times where price is still on the floor.Due to unpredictability then i cant really blame out people thats why making up those decisions in times like this
where you do neither decide not to buy or to proceed on will really somehow need that gambling in mind kind of thing.Profits for those who do take risk and nothing for those
who had just watched until now.

[CryptopreneurBrainboss]

Only thing that missing from crypto investors are enough patience, they just want to make profits in weeks and months but for a normal stock trader it will at least take a decade or two to make the life-changing profits which should be applied to the crypto market as well for better returns than in the stock market.

To some extent you don't blame the investors as the narrative of the industry has been tagged to a quick money industry where pump and dump has become the order of the day and if you observe the market carefully, that isn't far from the truth. The rate at which coins pump and dump has soil the investor mind and also only attracting gamblers (not investors) with similar mindset.

In the last 3 years I think the industry has been attracting more short term investors compared to what the first 5 years of the industry attracted which are the present day holders. The ICO, IEO and DeFi hype only attracted speculators and that's not what the industry need at the moment. Best thing the investors can do for themselves is to focus more on investing in bitcoin as that's the only way they can build their patience with confidence as having patience in altcoins is a total gamble with a higher risk that can destroy your hopes in the industry.

[davinchi]

The great thing about bitcoin is the fact that over course of years it always goes higher and higher, the bad thing about crypto is that you will never have the chance to buy from this place if you wait too long. I would love to talk to people who shouted at the top of their lungs about how bitcoin was going down and it was going to be under 10k very soon just a month or so ago, now we are already at around 40% profit. Think about it, all you had to do was buy bitcoin and wait for a month and you would made 40% profit in a month.

Isn't that crazy to you too? I feel like that is something way too crazy for me to realize and not get shocked about, people work years to make 40% profit in the world, there is only a handful of few things in life that could make you 40% profit and here we are in crypto world where making 40% profit in a month is normal.

[Danslip]

You can HODL more but the risks will be higher than in the original trading plan, better to check the market circumstances in order to avoid the possible loss. Enjoying from the trade can be done by sitting tight if the trend goes in the direction of trade, touching the order without making a plan can reduce the final profit. Risks shouldn't be higher than 1 unit of total balance because the more risks you take the losses will be bigger obviously.

[ethereumhunter]

Give yourself a timeframe of atleast 10 more years as that'll mark the second century of bitcoin existence and I'm positive the price then will be far above what the price now, currently is.

The price will be at least 5 times bigger than the current all-time high for sure in the next 10 years even if the crypto market becomes less volatile in the meanwhile period. Only thing that missing from crypto investors are enough patience, they just want to make profits in weeks and months but for a normal stock trader it will at least take a decade or two to make the life-changing profits which should be applied to the crypto market as well for better returns than in the stock market.

For the coin which has potential, the price will increase at the right time. But the problem is we don't know which coin will have that chance, and we only hope that the coin we have will increase. Maybe if you can analyze better, you will have the coin target to trade, so you don't have to wait for a decade or two to change your life. It is no problem if your profit is not too big because you will get your time to make it later.

[jostorres]

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?

All the time, indicated by our technical tools. Do not go for assuming yourself about selling your bitcoins randomly because compared to the opening price of this year 2020, all prices might be looking like a good one to sell. But, if you look into technical analysis then you can get an idea of where will be the "over-bought" zone starts coming into play and from that point you may start booking profits.

Enjoying from the trade can be done by sitting tight if the trend goes in the direction of trade, touching the order without making a plan can reduce the final profit.

Yeah, we must enter the market with plan and must exit with same level of proper planning. Touching markets without proper plan may lead to impact on profits like you have mentioned so it can be entering or booking profits but that should be after a strong technical analysis.

[Viscore]

If I say that I will sell my Bitcoin now because of its value. Not all will tell me that you are right or they might say that you are wrong. The reason why we have different decisions is that we don't have the same preferred price to reach.

When you say BEST time, my answer is NO, nothing. But if you'll ask TIME to SELL, my answer is right now! I don't want to miss the opportunity this time. That is how I look into the market, I'm not a long-term holder that is why I'd never had a plan to hold then and I should have to sell it anytime if I know that I already profiting.

[CryptopreneurBrainboss]

But I hope you know you'll be of regrets in the future if you're to sell now. There's so much anticipation that selling right now would probably be the worst decide ever. The world is begining to embrace the currency, we seen different big firms buy bitcoin of recent and big service providers like paypal buying into the idea of providing bitcoin related service to their customers.

Economy wise, we know the global economy is on the path of recovery which bitcoin stands a chance from profiting from that. The US dollars and other major fiat are getting devalued daily resulting to people looking for alternative options which bitcoin and gold stand as a great contender for that position. Just know its just doesn't make sense letting go after holding through all this trying times.

[lifeOK]

You can HODL more but the risks will be higher than in the original trading plan, better to check the market circumstances in order to avoid the possible loss. Enjoying from the trade can be done by sitting tight if the trend goes in the direction of trade, touching the order without making a plan can reduce the final profit. Risks shouldn't be higher than 1 unit of total balance because the more risks you take the losses will be bigger obviously.

Some people buy and hold crypto, each individual has his own strategy to do trading. Some are doing day trade, but day trading are including risk. Here, we're making profit not dumb money. If you just collect your bags now while it's still undervalued, sit back, and hold onto them. Everything involves risk, but a good plan can execute a decent outcome.

[Hamphser]

But I hope you know you'll be of regrets in the future if you're to sell now. There's so much anticipation that selling right now would probably be the worst decide ever. The world is begining to embrace the currency, we seen different big firms buy bitcoin of recent and big service providers like paypal buying into the idea of providing bitcoin related service to their customers.

Economy wise, we know the global economy is on the path of recovery which bitcoin stands a chance from profiting from that. The US dollars and other major fiat are getting devalued daily resulting to people looking for alternative options which bitcoin and gold stand as a great contender for that position. Just know its just doesn't make sense letting go after holding through all this trying times.

If funds arent really necessary needed then its better to hold rather than on selling on this early phase.I agree into those words that you had said which is actually the true thing but we know that theres isnt some guarantee when it comes on increasing price in the future but basing up on whats happening with the market then we can tell that it would really have high chances to go on that way but there are situations in life that it isnt
avoidable for us not to sell which i do see just the right thing to be done rather than taking some loan to cover it. Better to sell partially of those coins being held and make use but try to patch it up
once you do have the money.

[RealMalatesta]

I am at a point in my life where I am thinking about selling and doing something else. I know you do not have to sell your bitcoin, I do not sell it neither, but maybe I could now focus on other things as well? This is more about "not buying" instead of selling but it could apply to people who want to sell as well.

I understand bitcoin, I get it, I have been here for over 7 years, and I can tell you that I got what I can out of bitcoin and maybe it is time to move on? Time to sell is something you can only decide yourself but when you feel emotionally done about bitcoin you could get out. Not everyone can understand this because not everyone gets this but the reality is bitcoin is a stressful job to some of us and sometimes we just want to get out and do something more traditional in order to have less stress.

[1GUARDIAN]

In fact, this is a fundamental question. Knowing the correct answer to which almost becomes any trader a wealthy person. But the joke is that there is no answer to it. It is impossible to guess the perfect time for a sale. And even if you succeeded and you sold at the very peak of the price, this does not at all guarantee that you will be able to buy again at the very bottom. Otherwise, you would be a genius of the trading.

[Fredomago]

In fact, this is a fundamental question. Knowing the correct answer to which almost becomes any trader a wealthy person. But the joke is that there is no answer to it. It is impossible to guess the perfect time for a sale. And even if you succeeded and you sold at the very peak of the price, this does not at all guarantee that you will be able to buy again at the very bottom. Otherwise, you would be a genius of the trading.

All are mostly speculations, even you are following certain patterns it's not a guarantee that things will go according to how you percept the market.

And likewise, there are no perfect strategy that will keeps you in a winning position, timing is always important just need to be patient in order to have a much higher chance of getting profits.

It's always up to every traders on when they plan to sell, some are good while others are greed.
You have to plan and always keep yourself updated to avoid busting your investment.

[bitcon]

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.

If you feel sick and tired of dealing with the cryptocurrencies, it is the time to get rid of them. Business and work should и ring not only profits, but pleasure. What is the reason to be in a virtual money, if you dislike it? Besides, the crypto prices now are not bad.

[BitcoinTurk]

I think the best time to sell depends entirely on your own expectations. If I need to explain about the reason for this, it is because I do not know your expectations and the term period you want to evaluate your money.

If a short-term investment is made and the investment covers the annual inflation loss, any price above this amount is a sales opportunity.

If a medium-term investment is made and the target price levels have been reached, it would be a very good option to get the average price of the last days by selling them piece by piece and to sell at this average price.

If there is a long-term investment, I think there is no need to make sales yet because the prices continue to increase rapidly every year and the purpose of long-term investments is to evaluate that investment over the years. For this reason, I think we are not in a suitable sales period only for long-term investments. Nevertheless, if your long-term investments have exceeded your target price levels, it will be a right decision to make some sales transactions.

Finally, if there is an investment for trading purposes, unfortunately I cannot give an exact answer to the question but I can give you an answer that will help you. If your question is valid for your trading budget, I would like to say that every support-resistance point is definitely a good buy and sell point. For this reason, when trading, you should take care to buy and sell from these points and minimize your potential loss in this way.
In summary, today's prices can be a suitable selling point for your short-medium and commercial investments, but I do not think it is an ideal selling point for long-term investments.

Finally, if you think that I cannot do such detailed transactions, then my only advice to you is to sell and enjoy your money, regardless of the price, in case you need cash.