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Author Topic: What is the Best Time to sell ?  (Read 2842 times)
lienfaye
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November 06, 2020, 01:30:06 AM
 #121

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
If you already need the money then sell, otherwise keep holding. There's a perfect time on when to buy and take profit.

Also it depends what coins are you currently hold, because each coins are different. Buy in dip and sell when the price is acceptable for you to sell already.

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November 06, 2020, 10:12:16 AM
 #122

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
If you already need the money then sell, otherwise keep holding. There's a perfect time on when to buy and take profit.

Also it depends what coins are you currently hold, because each coins are different. Buy in dip and sell when the price is acceptable for you to sell already.
I'm not sure until when such holding will take especially when you are seeing that the price is already high, sounds tempting right? If I buy Bitcoin at $10k, definitely I have to sell it now even though I don't need the money. The honest thing here is that every opportunity must have not to ignore because I'm doubtful if none of us now had already profited.

I can remember how many had lost such a chance last 2017, most of us expect more, we are not yet contented with $20k and still holding. I was just assuming the same scenario will happen after this and selling is the best option by now.

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ethereumhunter
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November 06, 2020, 01:01:25 PM
 #123

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.
It seems the altcoin start to moves follows what bitcoin price does, and if bitcoin can still increase like that, we might see the rallies for some altcoin. The crypto market now becomes green, and many altcoins start rises, and I hope that the bitcoin and altcoin can still increase. Hopefully, there will be no negative news that can affect the crypto market, so bitcoin and altcoin can still rise to the high price.

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November 06, 2020, 01:58:34 PM
 #124

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're the only one knows when your gonna sell it or buy more. This is a matter of common sense, you don't need to rely on other's
opinion of when your gonna sell or buy coins in the future. Because this is trading, where the only things happens in the platform are always
up and down in terms of coins moving in the chart graph.
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November 06, 2020, 02:32:22 PM
 #125

Yes the right step of a good trader is to analyse the market and determine the right time to buy and sell. After seeing the market not rise and fall many times it becomes difficult to understand the correct signal. It depends on your knowledge and experience to invest if the price goes up and sell if there is a possibility of going down. Therefore, you need to learn about the trade market by analyzing the market well Only then can the right direction of the market be understood.

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November 06, 2020, 04:00:29 PM
 #126

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 mate if when you want to sell your coins as long as you can take some profit. Your the only one that knows best for your coin because we don't know when and what price you bought your bitcoin. So far bitcoin price keep on increasing and if you think you need to sell then go but if you want to hold more then it's up to you. But always don't be greedy because being greedy always loser.

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November 06, 2020, 04:38:18 PM
 #127

I believe that this question is asked by every cryptocurrency user who does not want to miss that momentous moment when it will be possible to make good money thanks to their assets. But it is always very difficult to set the correct time. At least I believe that such a question should be raised primarily in relation to a specific cryptocurrency, because if we talk about Bitcoin and Ethereum, then it is definitely too early to sell these coins, since the current period is still very profitable for long-term investments in these cryptocurrencies. And other cryptocurrencies, including new projects, need to be sold as soon as they reach their maximum, within a short period of time. Few people want to take risks, because the majority thinks so and the price after takeoff will immediately begin to fall.

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November 06, 2020, 06:15:55 PM
 #128

This quotation is the thing that every trader must needed to learn, "invest only what you you are afford to lose", If the market is unstable, better to study they 1week chart or 1month iif you want and then analyze it, you need to understand everything first before trading, sell it if the candlestick shows that the pump of that coin is over, maybe 3 buttoms down then sell it, if you need money then sell it, that's all depends on you, not in other people. for example during these days bitcoin pumps you hold this coin for so long I think you may start to sell it, maybe 25%? if it shows more pump tomorrow then it's good hold on to it. just trust your instinct as well.

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November 06, 2020, 07:01:37 PM
 #129

There are 2 best answers that I can think of.

1. The best time is at the top of the pump. If you had Bitcoin in 2017 then the best time was at 19000 dollars or above Wink
2. The best time is when you feel comfortable selling. The moment when you will be able to said I sold because I wanted to. Not I sold to save some money or I sold because I was scared.
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November 06, 2020, 08:21:08 PM
 #130

There are 2 best answers that I can think of.

1. The best time is at the top of the pump. If you had Bitcoin in 2017 then the best time was at 19000 dollars or above Wink
2. The best time is when you feel comfortable selling. The moment when you will be able to said I sold because I wanted to. Not I sold to save some money or I sold because I was scared.

indeed you have to believe yourself that what will be done in each step to take action is to try not to panic and believe yourself that what will be done is the best way, learn to analyze a little with the many programs available then you will be a little bit able to can learn to cope with oneself.

yes, I agree with the opinion of the above colleagues who also help motivate so that there is a belief, "The best time is when you feel comfortable selling". It takes confidence that what you will do is the best step from yourself.

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November 06, 2020, 09:35:09 PM
 #131

It seems the altcoin start to moves follows what bitcoin price does, and if bitcoin can still increase like that, we might see the rallies for some altcoin. The crypto market now becomes green, and many altcoins start rises, and I hope that the bitcoin and altcoin can still increase. Hopefully, there will be no negative news that can affect the crypto market, so bitcoin and altcoin can still rise to the high price.
I hope it too! As the market recovers, pessimistic news will arrive. The market is now recovering from its loss for the last months. The altcoins are still in undervalued compare to what bitcoin had. Bitcoin goes up and continues it rally. Will bitcoin break its all time high again by this year? Let us found when it happens, but all in all I am happy with what bitcoin is going today.

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November 06, 2020, 11:21:26 PM
 #132

In my opinion, you are already late. Bitcoin has risen very high now. Even if it continues to rise, a fall is inevitable. Wait for the right moment.
This is a cryptocurrency and here, as a rule, everything is cyclical. Don't fall into the FOMO trap, I'm sure you are close to making a mistake, but keep yourself in hand, use only wise advice, do not take risks.
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November 07, 2020, 12:52:16 AM
 #133

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.
It seems the altcoin start to moves follows what bitcoin price does, and if bitcoin can still increase like that, we might see the rallies for some altcoin. The crypto market now becomes green, and many altcoins start rises, and I hope that the bitcoin and altcoin can still increase. Hopefully, there will be no negative news that can affect the crypto market, so bitcoin and altcoin can still rise to the high price.
Understand that negative news will always happen and the best thing to do is to be prepared because Paypal joining the cryptocurrency setting have already hurt some institutions/banks income and we can't expect them to find their hands.
With that been said, the green trend of this market is still not stable but if it stable then the market rallies will take over.

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November 07, 2020, 03:55:18 AM
 #134

Trading is all about observation.
When ever you are buying, you have to observe the market very well by, asking yourself if you buy in high rate will you make a good profit or if you wait for the price to come down before buying is there go to be a good profit from the goods. Since you can ask yourself such question, I believe you will surely know the right time to sell and make a good reward from your trade
When supply is low than demand you are good to sell showing that market has changed positively for all trader that have been holding their coins for the right time to come for them to sell. Whenever the supply is low in the market that is the best time to sell and make a good profit.

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November 07, 2020, 10:09:13 AM
 #135

It seems the altcoin start to moves follows what bitcoin price does, and if bitcoin can still increase like that, we might see the rallies for some altcoin. The crypto market now becomes green, and many altcoins start rises, and I hope that the bitcoin and altcoin can still increase. Hopefully, there will be no negative news that can affect the crypto market, so bitcoin and altcoin can still rise to the high price.
I hope it too! As the market recovers, pessimistic news will arrive. The market is now recovering from its loss for the last months. The altcoins are still in undervalued compare to what bitcoin had. Bitcoin goes up and continues it rally. Will bitcoin break its all time high again by this year? Let us found when it happens, but all in all I am happy with what bitcoin is going today.

The crypto market will recover, and we now see that it is happening slowly. We can hope that the recovery process will not take too long, so we can back recover our losses too, and back to make a profit again. I am sure bitcoin will break its all-time high, but I am not sure that will happen this year because we are still far away to see the price can jump drastically in just 2 months. But we know that bitcoin can do that if the demand to buy bitcoin increases significantly, making the price increase fast.

It seems the altcoin start to moves follows what bitcoin price does, and if bitcoin can still increase like that, we might see the rallies for some altcoin. The crypto market now becomes green, and many altcoins start rises, and I hope that the bitcoin and altcoin can still increase. Hopefully, there will be no negative news that can affect the crypto market, so bitcoin and altcoin can still rise to the high price.
Understand that negative news will always happen and the best thing to do is to be prepared because Paypal joining the cryptocurrency setting have already hurt some institutions/banks income and we can't expect them to find their hands.
With that been said, the green trend of this market is still not stable but if it stable then the market rallies will take over.

That is what we need to do to anticipate the negative news that can happen later. I hope that the institutions will not think about the bad effect on them but can open their minds that the presence of crypto can give people more chances to evolve the economy. I agree that the green trend in the market is not stable yet, making us prepare for anything that can happen. We need to think about how to get out of the crowd if the market is saturated.

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November 07, 2020, 10:27:58 AM
 #136

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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?
not true . buying and choosing a coin is more stessful and you will ask your self that what if this coin that im going to pick is a bad coin ? but unless if your going for the easy picks  (btc , eth, .. ) but still there are questions that what if the price will decrease after i buy this or should i wait for a little bit more  .

Quote
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?
we cant say that you are in poverty because your in the middle class status , your better than the rest of the society because they have a lesser wealth than you . you can afford to buy so buy more , thats a good decision to make so that you can increase your btc hodlings because your complaining that you only own less btc . holding for more time wont hurt because you have the ability to wait while not starving your stomach .
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November 07, 2020, 11:22:57 AM
 #137

Should I hold for more time?

Obviously, you should hold more when your target price can not meet. If you failed to achieve profit then you must wait for it to gain some profit. Otherwise, you have to pay for this.

Quote
Should I buy some more now only or wait if the price dips a bit?
I believe that you have your strategy to follow. Everyone has a strategy by which s/he can make a profit easily by following that strategy. So it depends.

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November 07, 2020, 11:31:24 AM
 #138

In my opinion, you are already late. Bitcoin has risen very high now. Even if it continues to rise, a fall is inevitable. Wait for the right moment.
This is a cryptocurrency and here, as a rule, everything is cyclical. Don't fall into the FOMO trap, I'm sure you are close to making a mistake, but keep yourself in hand, use only wise advice, do not take risks.
The market is volatile and always there is a risks when we do trade of our coins we hold. So a trader should always have a trading plan and always use the capital that they can afford to lose. That’s true don't  fall into fomo it should be controlled when price is high do not buy, as what others saying buy low and sell high. It is important to analyze the market before making into final decision of when to sell our asset.
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November 07, 2020, 12:06:56 PM
 #139


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




You should hodl your bitcoin until you can feel if it has reached the best position for you to sell your bitcoin to get decent profit from thre.

You should buy more when the price was getting plunged to the bottom. If there's a pump and there will always be a dump that will occur after the pump happened.
Just keep in your mind if this cycle is always happening.

you can also try to sell some portions of your bitcoin and then try to use it to invest again in bitcoin when the price will be dipping in the future. I think that could be the best decision that you can take it.

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November 07, 2020, 01:27:31 PM
 #140

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?

According to my experience as well as the teachings of the teacher in my first trading course, it is very easy to choose the timing of the sale and if you follow it correctly, you will be the winner.
Here I want to talk about human greed and to contain it, create yourself a well-rounded trading plan before buying any bitcoins. Determine the price you will sell and the price at which you will accept your stop loss in the future.
The discipline of following the available plan will help you manage your capital better and not be confused or afraid when the price of BTC goes up / down. That is a very good lesson in psychology and discipline that I have ever learned. To master it, you should try trading with a low capital.


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