Alucard1
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November 07, 2020, 02:22:00 PM |
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Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
This is totally up to you mate, you may set your target price to sell and to buy, we cannot say if this is the good time to sell or not because we cannot predict the price of the bitcoin if it will go down or goes up so if I were you I will set my target price and wait for it to happen before I buy or sell bitcoin. You may also follow some other popular person of their techniques or skills on trading, if you set a target and get disappointed for what has happened, that's normal because that is trading it is full of risk.
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Wulan_maniez
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November 07, 2020, 03:01:26 PM |
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I think if you invest in bitcoin and you’ve made a profit, you can sell it. But if you still want to make more profit, you should be patient not to sell your bitcoins. Wait till the price is really ATH. But you don’t have to obey what I say. You can determine everything according to your analysis
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hulla
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November 08, 2020, 03:07:23 PM |
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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 fond 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. There's no way the institutions won't think about the effect of cryptocurrency on their business which the reason why some crypto enthusiasts advised them to join crypto investment so it will be a win-win situation for them instead of them to miss out while they sees crypto as an enemy. This is whats goingon in the countries where crypto is not legalized. With that been said, the best thing to get out off the market when it saturated is to stop loss by selling while buy back after things are normal.
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proTECH77
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November 08, 2020, 04:18:36 PM |
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Many traders are use to the hour of buying in the market. Many trader buy during the new week or new month while some buy during the weekend or monthend. Some trader find it difficult to know the time to sell their coins to make a good income from their trade. The best time to sell your coins, is when the demand are surplus and the supplier are few show that the hours to sell is arrived for all trader who truly observe the market to such stage will surely know that is the time. When the demand are many then you will be seeing some trader who hold their coins for a very long time waiting for demand to be surplus than supply because they know that is the time to sell and make a good profit.
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Oneandpure
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November 08, 2020, 05:48:16 PM |
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Many traders are use to the hour of buying in the market. Many trader buy during the new week or new month while some buy during the weekend or monthend. Some trader find it difficult to know the time to sell their coins to make a good income from their trade. The best time to sell your coins, is when the demand are surplus and the supplier are few show that the hours to sell is arrived for all trader who truly observe the market to such stage will surely know that is the time. When the demand are many then you will be seeing some trader who hold their coins for a very long time waiting for demand to be surplus than supply because they know that is the time to sell and make a good profit.
Most likely for soon possible to get profit with trading like minutes, hour or daily, I think bad choose when trading with weekly or monthly because we have waiting for long time and if use shortly for profit our money increase every day without waiting for a month or waiting more than a year. Now I have change my mind with trading from long term trade become short term trade and I try every day could get much profit although few percent because I wanna hold my assets for long term because many coin not trusted for long term project.
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Sterbens
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November 08, 2020, 06:19:18 PM |
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that's the risk in trading, don't be ridiculous because you have already sold, the price will be higher. in trading there is always no satisfaction. Even if I have made a profit, when I see the price really go up and continue to go up, what we say is "I'm sorry I didn't put that much in" if I knew beforehand the price was going to go up maybe I would hold on for a while and make more profit. big " that's what often comes out so my advice is to continue to strengthen your trading mentality. but there are also many people who hold back.
don't panic, and stay calm in trading.
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dunfida
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November 08, 2020, 06:32:21 PM |
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For those who had able to buy when the price dips down on 14500 and now its currently 15500 so thats a 1k gain for a short time? Its the best time to sell and this is what i had done. For those people who hold then it doesnt matter because they wont really care too much on price increase as they do target out to sell in near future years to come or depending into their target but for people who do short trade then this is the best time then wait for possible 15k pullback then try to buyback again. Rinse and repeat as usual but this isnt an easy thing yet you cant really be sure on wheres the bottom which would always boggle up your mind.
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Sterbens
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November 09, 2020, 05:37:41 PM |
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Many traders are use to the hour of buying in the market. Many trader buy during the new week or new month while some buy during the weekend or monthend. Some trader find it difficult to know the time to sell their coins to make a good income from their trade. The best time to sell your coins, is when the demand are surplus and the supplier are few show that the hours to sell is arrived for all trader who truly observe the market to such stage will surely know that is the time. When the demand are many then you will be seeing some trader who hold their coins for a very long time waiting for demand to be surplus than supply because they know that is the time to sell and make a good profit.
Most likely for soon possible to get profit with trading like minutes, hour or daily, I think bad choose when trading with weekly or monthly because we have waiting for long time and if use shortly for profit our money increase every day without waiting for a month or waiting more than a year. Now I have change my mind with trading from long term trade become short term trade and I try every day could get much profit although few percent because I wanna hold my assets for long term because many coin not trusted for long term project. long term risk is a type of gambling. because placing a price far and expensive, it turns out that such a pattern in my opinion is less effective, because it only wastes the opportunities that are taking place before our eyes. still better to do some distance of about a week. if for a month I do not recommend it. There will be many missed benefits, and the risk that the price will go down and it won't even hit the price you want. the pattern is closer to a disadvantage than a gain.
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Fivestar4everMVP
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November 10, 2020, 06:19:58 AM |
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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? 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?
If you are holding bitcoin at this point in time, I did advice you to hold it and don't sell just yet, if you are holding eth, I did advice you still hold and don't sell just yet. But if you are holding altcoins, I will tell you that you set a target for yourself, set a target that is realistic, ones the price hit your target, sell and look for another good one to invest in, never allow greed to take the better part of you in investments like this, I've made this mistake many times and I've learnt the hard way, many times, I buy altcoins and in the short time, am in good profit, but greed sets in and I feel it can still go up more, so I hold, but the end of the story is always sad because many times,, I end up selling at a great loss. So I urge you not to make the same mistakes.
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Dollar_Hunter
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November 10, 2020, 06:56:37 AM |
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best time to sell is depending on the trader, if the trader has set the selling price then that is the best time, but we know that now only Bitcoin has good performance, especially now that it has reached its highest point again this year, a trader will definitely know what to do, sell or hold.
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farrellronald
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November 10, 2020, 08:37:51 AM |
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this is completely on you. if you are willing wo risk, hold your BTC. but if you need the money and you are not the risky type of guy maybe you should come out of it as the volatiles usually happen in the stock
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BTCappu
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November 10, 2020, 04:02:02 PM |
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I think if you invest in bitcoin and you’ve made a profit, you can sell it. But if you still want to make more profit, you should be patient not to sell your bitcoins. Wait till the price is really ATH. But you don’t have to obey what I say. You can determine everything according to your analysis
I would have waited for at least 6 more months because really the economy is so broken and despite that the price for Bitcoins is going higher which amazes me and gives goosebumps thinking of how the price of Bitcoins will look in 6 months period when the pandemic should be over and the economy starts to recover slowly. By no means am I a financial advisor so I might be blatantly wrong but chances are high that we will see the ATH being crossed and that ATH is the biggest resistance right now and once it breaks the price will be out of control and everyone will regret selling at ATH or lower.
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lixer
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November 10, 2020, 04:56:50 PM |
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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.
For OP I believe the right time is anytime when he feels he needs the money because the best time for someone to sell bitcoins is NEVER because the price is always going to rise up with more and more demand increasing in coming years. But that said not everyone has the financial stability to keep that much Bitcoins on hold for such long time periods so I mean they can sell when they feel but the best time if you ask me is "never" which is why there are big reserves if Bitcoins still unmoved because everyone knows the concept of Bitcoins is made in such a way that the value is always only going to increase. I personally locked some small amount of Bitcoins and I promised myself to not touch them for the next at least 3 years and then see how it goes because really these 2-5k pumps are nothing to what might future has in store for us, even 100k might be realistic and right now I may sound idiotic but time will tell.
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proTECH77
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November 10, 2020, 05:02:22 PM |
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Yes, hold for more time because bitcoin will still rise more than this in few month. Many never still understand the power of holding a coin and start waiting for market to change for your favour before you can trade they to market. According to some researcher bitcoin will not reduce like litecoin that many investors are giving up because the year is coming to an end, no sign of pumping in the market. Market is still okay to sell and make a good profit because the market can change at anytime that will be making some trader cry I wish I know, I would have sell . This is not the season to hold your coin long because will are about to enter the month that we will begin to experience scammer in the market just because the year is approaching everybody need money.
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dotcoin.info
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November 10, 2020, 09:52:32 PM |
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I think if you invest in bitcoin and you’ve made a profit, you can sell it. But if you still want to make more profit, you should be patient not to sell your bitcoins. Wait till the price is really ATH. But you don’t have to obey what I say. You can determine everything according to your analysis
Nobody knows when the price will peak, we all take risks if we continue to hold after the price of Bitcoin reaches another high. Correction is usually inevitable. Practice shows that we must fix profits on time, especially at those moments when it seems to us that the price will continue to grow without stopping.
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Salauddin1994
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November 11, 2020, 04:05:54 AM |
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I think if you invest in bitcoin and you’ve made a profit, you can sell it. But if you still want to make more profit, you should be patient not to sell your bitcoins. Wait till the price is really ATH. But you don’t have to obey what I say. You can determine everything according to your analysis
Nobody knows when the price will peak, we all take risks if we continue to hold after the price of Bitcoin reaches another high. Correction is usually inevitable. Practice shows that we must fix profits on time, especially at those moments when it seems to us that the price will continue to grow without stopping. Yes no one knows the exact information of the market but good time to invest in bitcoin the risk is lower when it comes to investing you have to buy from the seller now and hold on to the long-term investment even if you have to wait a long time but it is very profitable. The price of bitcoin is likely to rise a lot later this year no one can influence the price of bitcoin decentralized as the demand increases the price will go up.
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TheGreatPython
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November 11, 2020, 05:33:07 AM |
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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.
Maybe that or maybe he should sell part of the bitcoins for which he needs the money now and then save the remaining coins and keep doing that until you sell all of them and you might get the best price in long term doing this. 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.
Right but like he mentioned he belongs to a middle class family and he a student (as he said middle class boy) so basically he must not have too much of spare funds to buy bitcoins anyways and it is impressive actually he holds some. The best thing with bitcoin is that you know the price is going to grow in future while slumps will also happen so it gives you a chance to sell and buy and depending on how much faith you showed when it was down, it pays the prize.
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Issa56
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December 10, 2020, 07:46:50 PM |
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I will advise you to sell your bitcoin now since you are already in profit!!! And wait till the price dip and you can buy again!!! From the experience am having and according to my study bitcoin might dump very soon, but since you are already in profit you can decide to sell off and buy back when it dumps.
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militiariko
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December 10, 2020, 07:58:28 PM |
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There is no stipulated or fixated time to sell in the crypto currency space. I believe that as traders and investors who invest our capital; only traders and investors can know the best time to sell. You researched, monitored and studied and analysed the best time to buy, so definitely only a trader knows when to take profit; This is why trading is an independent journey. One man for himself; be smart and dyor.
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Lanatsa
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December 10, 2020, 08:24:09 PM |
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I will advise you to sell your bitcoin now since you are already in profit!!! And wait till the price dip and you can buy again!!! From the experience am having and according to my study bitcoin might dump very soon, but since you are already in profit you can decide to sell off and buy back when it dumps.
Would really be sensible on taking such actions rather than on waiting a little bit more.This is my main principle when dealing up with trading on where if I do see that im already in gains then I do immediately sell rather than waiting up for the price to correct or to have some dump. Im not really that kind of type on where I do tend to hold longer even if I do saw that im already profiting.Its just really not right to miss out those chances or opportunities with this very volatile market. Even though there are people who are really waiting up for long term but for profit wise or the level of making money on selling and buying early or actively is just too different.
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