What is the Best Time to sell ?

[KnightElite]

By knowing the market structure especially identifying the support and resistances, we can have an idea on where is the best to sell our tokens that we have in our portfolio. The thing is a lot of people are doing a lot of mistakes especially when it comes to selling because they are just sell without conviction. By learning and understanding the market, we can know if it is a good or bad time to sell, I usually sell my bitcoins in resistance area because that area is where the supply which means that there is high selling pressure.

When we will set a target price, we should make sure that it is achievable where it cannot considered as impossible. I read a lot of opinions of traders where they goal is too much where they said that they will only sell their bitcoin after it achieve $100,000 above. It is possible but how long it will take? so it is really good to have a attainable target price.

[Salauddin1994]

Yes buying and selling depends on the market and pricing no one can say when prices will go up or down in the market ut from now on it is better to buy and hold because the price of bitcoin is already rising and it is possible to make more profit by buying and holding on to long term investments. Even if the price goes down there is nothing to be disappointed about collecting bitcoin is a good move you have to sell it at the right price from your own price.

[mersal]

When we have bitcoin, why we need to look for a better coin? Bitcoin produced great fortune days in very short time as well but for someone who is looking bigger than ever can consider bitcoin for the longest term hold so he will have the chance to make profits in the time period I mentioned earlier.

That is because if bitcoin is down, some altcoin can produce another profit for us, which we can use it to make more money. We know that bitcoin is the best coin, but we can not deny that bitcoin is also up and down, and if bitcoin is down, we can search for another coin that can help us make a profit. Maybe it is not better than bitcoin, but at least we can continue to make a profit, which is our main goal to make money. But still, we need to determine the best time to sell bitcoin or altcoin, especially if one of the coin can increase.

If it is a short-term investment then I would suggest altcoins as well but when we are talking about coins to be invested for years and decades then I don't believe in any coin other than bitcoin. Yes, it is good to have some coins in the bag for extra profit and market movement and it all depends on the investor's willingness to take risks on their capital.

[mardaed]

Should I hold for more time?

Holding in a long time is not working all the time, sometimes you might miss some good opportunity to earn. You can make a target maybe like 5%-15% I think that could be an ideal target but it is still up to you.

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

I think you should follow your analysis if you think it's on the support and it bounces back I think you should buy in that since it's the dip but still it depends on your anaylsis.

[Viscore]

Think big and dream big. I believe that you must have a target price which you want to sell when reached. So it up to you which you want. It depends on the mind and situations mostly. If your target price reached then you can go for selling your funds otherwise holding will better with patience

Well, everything will work if we work as well. Not all who dream and aim big had succeeded in the fact that they are not working to make it possible.

Let say, I'm aiming to sell my Bitcoin when it reaches at $20k. But the question that we want to answer first, are we waiting for that long, 10 years, 20 years? Not just saying that we want that, we want this but also we need to listen to what really happening and our target is achievable otherwise, we are just dreaming for nothing and wasted a lot of time.

[ethereumhunter]

When we have bitcoin, why we need to look for a better coin? Bitcoin produced great fortune days in very short time as well but for someone who is looking bigger than ever can consider bitcoin for the longest term hold so he will have the chance to make profits in the time period I mentioned earlier.

That is because if bitcoin is down, some altcoin can produce another profit for us, which we can use it to make more money. We know that bitcoin is the best coin, but we can not deny that bitcoin is also up and down, and if bitcoin is down, we can search for another coin that can help us make a profit. Maybe it is not better than bitcoin, but at least we can continue to make a profit, which is our main goal to make money. But still, we need to determine the best time to sell bitcoin or altcoin, especially if one of the coin can increase.

If it is a short-term investment then I would suggest altcoins as well but when we are talking about coins to be invested for years and decades then I don't believe in any coin other than bitcoin. Yes, it is good to have some coins in the bag for extra profit and market movement and it all depends on the investor's willingness to take risks on their capital.

I will suggest the same, but I also suggest investing in bitcoin because bitcoin can give a nice profit in the short-term. But bitcoin will give us big profit in the long-term, so maybe we can try to invest in altcoin while if we can make a profit from the altcoin, we can have more bitcoin, which can give us more profit. As long as the coin can be profitable in the short-term and long-term, that will not be a problem because we can make more money from crypto.

[farrellronald]

it is up to you. what do you feel
trust your gut and stay up to it even if you experienced loss

[hulla]

After Bitcoin halving take place, the best time to sell is when new ATH is achieved but if you are in a normal market momentum situation the best time to sell is when whales who are into arbitrage move their coins from an exchange to another which is a sign that hes planningto dump his coins and when mining difficulty in decreasing simultaneously.

When we have bitcoin, why we need to look for a better coin? Bitcoin produced great fortune days in very short time as well but for someone who is looking bigger than ever can consider bitcoin for the longest term hold so he will have the chance to make profits in the time period I mentioned earlier.

That is because if bitcoin is down, some altcoin can produce another profit for us, which we can use it to make more money. We know that bitcoin is the best coin, but we can not deny that bitcoin is also up and down, and if bitcoin is down, we can search for another coin that can help us make a profit. Maybe it is not better than bitcoin, but at least we can continue to make a profit, which is our main goal to make money. But still, we need to determine the best time to sell bitcoin or altcoin, especially if one of the coin can increase.

If it is a short-term investment then I would suggest altcoins as well but when we are talking about coins to be invested for years and decades then I don't believe in any coin other than bitcoin. Yes, it is good to have some coins in the bag for extra profit and market movement and it all depends on the investor's willingness to take risks on their capital.

I will suggest the same, but I also suggest investing in bitcoin because bitcoin can give a nice profit in the short-term. But bitcoin will give us big profit in the long-term, so maybe we can try to invest in altcoin while if we can make a profit from the altcoin, we can have more bitcoin, which can give us more profit. As long as the coin can be profitable in the short-term and long-term, that will not be a problem because we can make more money from crypto.

I dont opposed your believe cause Bitcoin is a safe haven crypto currency but it is also good to be diversfy in other not to miss the great opportunity create by the altcoins market. However, we have Ethereum which have proved to be a good coins ever since it ICO, it also follow Bitcoin market trend, it was predicted to gain some huge surge after 2.0 is done and it network was said to be used by Reserve Bank of Australia.

[pankowri]

Let say, I'm aiming to sell my Bitcoin when it reaches at $20k. But the question that we want to answer first, are we waiting for that long, 10 years, 20 years? Not just saying that we want that, we want this but also we need to listen to what happening and our target is achievable otherwise, we are just dreaming for nothing and wasted a lot of time.

Yes, you mentioned a good point. That's why it is needed to be experienced well and need your strategy to be followed. I appreciate your aim and wish that you will sell your Bitcoin as you expected. I agree that it is not a wise decision to target anything without proper knowledge. You have to choose one which has good utility in future then we can expect a good outcome after long or short waiting.

[Distinctin]

Let say, I'm aiming to sell my Bitcoin when it reaches at $20k. But the question that we want to answer first, are we waiting for that long, 10 years, 20 years? Not just saying that we want that, we want this but also we need to listen to what happening and our target is achievable otherwise, we are just dreaming for nothing and wasted a lot of time.

Yes, you mentioned a good point. That's why it is needed to be experienced well and need your strategy to be followed. I appreciate your aim and wish that you will sell your Bitcoin as you expected. I agree that it is not a wise decision to target anything without proper knowledge. You have to choose one which has good utility in future then we can expect a good outcome after long or short waiting.

I believe all of us here have the same goal and that is to gain profit. Buy at low and sell at high, a common strategy we've used for how many years, and yet it is very effective. That tp said that selling will depend on us personally, because for me if ever I saw 2-3% market profit, I'll surely sell my Bitcoin or any crypto I hold. What makes some people is that they are not contented with that rate, they want more but sometimes this is a reason why they miss the train. And this is what it happens to most crypto holders last 2017 Bullrun where many thinking for the market to keep the rising trend but it burst and many were lost the chance.

[Peanutswar]

Just do the easiest way why not
Buy bitcoin when you think it's on the lower price and then hold this for a long time and wait for the desired profit you want for me this is the most effective way to earn profit for selling bitcoin.
Also if you are getting doubt about the market price of the coin you can buy at every dip of the market this is one of the effective ways.

If you can wait for a long time why not hodl according to OP you are in the middle class so for sure bitcoin is just an investment asset only.
If you can't wait and got a profit to sell it.

[peterpanda]

I will suggest you to sell if you are able to generate 5-10% profit. If you desire for more profit at a time then it won't be a good decision. Sell by gaining some profit and wait for dropping the price to buy again.

[CryptocurencyKing]

There is no really a good time to sell. You just sell when you have need to and it seems to be the only source for required cash. That's what goes for me, you shouldn't make it a secondary option, it should remain as the primary or last resort.
For a fact, we all hope to sell when Bitcoin is on the rise but then, after this rise comes a fall and also, the rise also comes with a rise in gas price or fee on every block and that surely has a way of controlling the Bitcoin in circulation. As you tend to loose more to this rise. So, there isn't really a good or best time but, just making withdrawals only when it's your last option and never empty your wallet for which ever reason.

[ethereumhunter]

I dont opposed your believe cause Bitcoin is a safe haven crypto currency but it is also good to be diversfy in other not to miss the great opportunity create by the altcoins market. However, we have Ethereum which have proved to be a good coins ever since it ICO, it also follow Bitcoin market trend, it was predicted to gain some huge surge after 2.0 is done and it network was said to be used by Reserve Bank of Australia.

What you are saying is right. Ethereum is one of the altcoins that can move behind bitcoin, and it will increase too. But still, with the bitcoin price unpredicted the movements, the altcoin will be difficult to grow because the altcoin follows where bitcoin moves. Maybe this time, if he decides to invest in altcoin, he needs to hold it for a while until bitcoin can stable for a while. If bitcoin price can stable for a while, that can give a chance to altcoin to lift the price.

[Inkdatar]

It's up to you whether to sell or hold at one particular time. It's advisable not to be too greedy in cryptocurrency, that's how crypto-currency investors succeed. Buy and sell at the right time that benefit you, setting-up your marginal price is the best.

This is the most questions asked when is the best time to sell. This is true it is depends on a person at what price did he obtain in buying his asset. Because everyone of us has the strategies to earn profit in trading coins. Also to overcome greedy because some traders when already in profit still aiming to high at a certain price but we know we can't predict when it will increase. So better to sell when already in profit take chance to earn.

[gamer4156]

I think this is the most ideal alternative you can manage without trusting that the cost will drop. Bitcoin value unpredictability cannot be anticipated with assurance. There will be questions without a doubt. Faltering for example consider the possibility that the cost out of nowhere fall. That would be avarice at any sense. Be mollified with the way that you previously acquired benefit.

[maldini]

While has distinctive preference for various ventures and the measure of inflow of cash in each coin varies in each market capitalization, when they have a crucial news that will go worldwide, they gather and siphon the coin. Numerous great ventures have experienced such stages where there is low volume and interest is not a single where in sight however once the task conveys the interest, the volume and the worth shoots up and such undertaking.

[hahay]

Disagreeing about a statement about making a purchase requires no plans or anything to think about. In buying and selling, of course you have to think wisely, because if you don't have a plan then what if you buy when the price is at its peak, then it is a mistake. So in this case, at least you only need to calculate what percentage of the profit you will get if you sell now, if it's still lacking then continuing to hold it longer or buying more can be an option.

[Shakil29]

It just depends on you. The prices of almost everything in the world go up and down. The price of anything is not stable. You can hold on if the price is currently low. Or you can sell if you think the price will go down further in the future. If you need money right now, you can sell it. Moreover, hold if not needed. I personally think its price will increase in the future

[hulla]

I dont opposed your believe cause Bitcoin is a safe haven crypto currency but it is also good to be diversfy in other not to miss the great opportunity create by the altcoins market. However, we have Ethereum which have proved to be a good coins ever since it ICO, it also follow Bitcoin market trend, it was predicted to gain some huge surge after 2.0 is done and it network was said to be used by Reserve Bank of Australia.

What you are saying is right. Ethereum is one of the altcoins that can move behind bitcoin, and it will increase too. But still, with the bitcoin price unpredicted the movements, the altcoin will be difficult to grow because the altcoin follows where bitcoin moves. Maybe this time, if he decides to invest in altcoin, he needs to hold it for a while until bitcoin can stable for a while. If bitcoin price can stable for a while, that can give a chance to altcoin to lift the price.

Absolutely, the one thing i learn through the previous cryptocurrency market momentum after halving is that altcoin is usually full of doubt and look withered but that's the best time to accumulate some utilized altcoin while go 90% of all investment on Bitcoin. Once the bullish start you will see that my impression is totally correct.