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Author Topic: What is the Best Time to sell ?  (Read 2847 times)
yemight600
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December 10, 2020, 09:12:39 PM
 #161

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 decision is yours bro. In trading, you must be able to make a decision and stand by it and you must also try as much as possible not to regreat you action irrespective of the outcome. BTC is volatile in nature and not like USDT which is stable. Its increase or decrease can only be predicted and no one can be 100% sure. Just do your personal findings and i hope you make the right decision

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Lordhermes
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December 10, 2020, 09:49:21 PM
 #162

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.
There is a different between investors and traders, that's the while point at which individual confused before entering into the crypto markets, more especially the original poster. Investors buys coins and hodl for a long period of time while traders perform buying and selling with a short time and takes out profits, so in order to ask that question you should know which category you belong.
Now, investors have nothing to do with market strategy or analysis, in depth analysis on the market movement, while its traders knowledge to perform all of that, that's why its advisable to learn all these in order to start trading.
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December 11, 2020, 02:26:26 PM
 #163

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.

there is no harm in always learning because by learning, we will get the best when we will carry out the execution for profit, of course.
early traders can always be sure to experience unpredictable things or wrong predictions, but with time they can analyze it well.

I really underline what you have to say; There is no stipulated or fixed time to sell in the crypto currency space, maybe it can be added as well as buying.
at any time it is possible to do so if it is certain that action with proper analysis ensures that the execution is carried out.

currently crypto cannot be analyzed properly because changes are very fast and I believe that if the prediction of an increase is next year there is nothing wrong with being able to make purchases now. because the time is still long enough to enjoy the results that will occur.

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December 12, 2020, 03:51:29 PM
 #164

It depends totally on you and how much patience you can endure because anything that you have invested in it is bound to grow because of growing population of the earth and hence the longer you hold your investments, the greater is your profit in the long term. If you bought bitcoins in 2013 and sold it in 2016, then you would have made a great profit but the people who sold it in 2017 were in much bigger profits. Similarly when cryptocurrency price will touch the moon then the longest holding investors will have the biggest rewards.
Rasel5209
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December 12, 2020, 04:03:10 PM
 #165

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

3 years ago i have 20k usd bitcoin and other alt coin 2017 December. I hold it for more time that after time it give me good opportunity. After 2 month it price 5k usd but i don't sell wait for coin price increase. After 5 month it price 2k usd.
I tell if you want to hold more time alwayes you need active cause you can convert it usd. You can buy now.


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namcunguyen
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December 12, 2020, 04:15:02 PM
 #166

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?

Bitcoin has just gone up in price and it will probably go up more. I see a struggling $19,800 which is still insurmountable lately. So it is possible that starting in 2021 Bitcoin could break the $19,800 price tag, so this time is more appropriate for you to buy Bitcoin or hold Altcoins rather than sell them.
South Park
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December 13, 2020, 06:03:45 PM
 #167

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.
This is the thing only the luckiest get to sell at the very top most people will sell at a later time and if your strategy needs that you sell precisely at the top then I can say to you that strategy is flawed since that is incredibly difficult to predict, people waste their time trying to find entry strategies when it has been shown many times that the most important part of a system is its exit strategy so you can keep most of you profits and you minimize your losses.
Zanab247
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December 13, 2020, 06:17:56 PM
 #168

The best time to sell is when the demand are much in the market causing the supplier few in the market, show is the time to make a good profit from the market. Many traders that is doing well in the market are those traders who really understand the law of supply and demand in the market. Sell your coins when the price is high and then buy coins when the price is low in the market will help you to stay long in profit making.

vaultman
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December 13, 2020, 06:18:03 PM
 #169

I think it's definitely worth keeping your tokens until better times, since there are significant prerequisites for the growth of the price of bitcoin. And to buy, I think, it is worth something from alternative cryptocurrencies, because if you buy something from the top 10 cryptocurrencies, then you will have to wait a very long time until a significant profit. I am sure that the demand for cryptocurrencies will only grow, because the entire world situation is only pushing for this.

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ven7net
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December 13, 2020, 07:39:15 PM
 #170

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 myself am currently going through a little training in cryptocurrency trading, but at the moment I have chosen a no longer expensive token. I've also done a little bit of research on BTC, and I think if you've already bought BTC it's better to wait for a higher price. Again, if you want to trade, you have to wait for a lower price to buy and sell when the price goes up. If you have no experience in trading, then it is better to be an investor and always buy for the amount that you do not mind losing. Again, if you invest in BTC, then I don't think you will be able to lose funds until at least the end of 2021. Still, I believe that in 2021 we should see a flight to the moon, but the main thing is to wait for this moment.
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December 13, 2020, 07:44:54 PM
 #171

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 myself am currently going through a little training in cryptocurrency trading, but at the moment I have chosen a no longer expensive token. I've also done a little bit of research on BTC, and I think if you've already bought BTC it's better to wait for a higher price. Again, if you want to trade, you have to wait for a lower price to buy and sell when the price goes up. If you have no experience in trading, then it is better to be an investor and always buy for the amount that you do not mind losing. Again, if you invest in BTC, then I don't think you will be able to lose funds until at least the end of 2021. Still, I believe that in 2021 we should see a flight to the moon, but the main thing is to wait for this moment.
Buy low sell high might be a basic stuff for someone to follow but this one wont really go come easy when you are already there unless if you do just decide to hold
and doesnt tend to engage with the market then its also a considerable option to take but to know that not all would really be that too patient on doing  that this is
why some will really be dealing or fighting with volatility even though its more riskier but it is more worth when it comes to rewards.When on saying on when is the
best time to sell then it depends into your goals neither it would be a shorter or longer ones.It will vary into each trader or investor.One thing is important is
on sticking on the way where you do make money.

shushu9977
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December 14, 2020, 10:11:58 AM
 #172

In my opinion, at this moment, you should hold 75% of your coins and sell 25%. At least, you get little profit at present by selling 25% and hold for 75% coins for longterm and will get more profit in future.

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Pokapoka124
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December 15, 2020, 10:44:54 AM
 #173

Support and Resistance levels help in making such decision. I never miss shorting a coin when it hits ATH
ngesotcoy
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December 15, 2020, 11:28:48 AM
 #174

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 should hold on for a while, i read an article recently, lots of rich people are buying bitcoins. They are the people who have the ability to seize opportunities, you shouldn't leave when they join now.

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December 15, 2020, 12:18:03 PM
 #175

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 should hold on for a while, i read an article recently, lots of rich people are buying bitcoins. They are the people who have the ability to seize opportunities, you shouldn't leave when they join now.

Income opportunities are increasing in the crypto market, the only thing we have to assume is we need to wait for the perfect time to increase the value of the Bitcoin, in the crypto market people who waited patiently will see much money and they need to choose the investment wisely.
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December 15, 2020, 01:26:58 PM
 #176

Should I hold for more time?
It all depends on you, if you think your profit is enough then you can make a call, don't wait up for more because we don't exactly know what will be the move of the market. You should learn how to set your exit point or target price because in that way you can mitigate the risk exposure of your holdings. Simply as say don't be greedy.
Quote
Should I buy some more now only or wait if the price dips a bit?[/b]
Well technically yes, you should buy at a low price but in crypto, however, you don't even know if the price would go even lower so I recommend taking the opportunity as you saw it and then you can adjust now your selling point. The thing is, you don't need actually to wait for a cheaper price and purchase whenever time you want because Bitcoin grows over time thereby, the profit is still certain.
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December 16, 2020, 07:52:08 AM
 #177

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.


It's better to look at the situation for the past few days because it looks like bitcoin is already comfortable with its current value, if we sell it it will be difficult for us to buy again because next year it is likely that bitcoin will produce renewable ATH.

even though we know that for the past few months the position of bitcoin is unpredictable because it can change rapidly, both down and up. So you can't guarantee that will it drop again or will it even stagnate at its current value or even break through $ 20K? so just look at the situation for the next few days.

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December 16, 2020, 01:03:21 PM
 #178

It depends totally on you and how much patience you can endure because anything that you have invested in it is bound to grow because of growing population of the earth and hence the longer you hold your investments, the greater is your profit in the long term. If you bought bitcoins in 2013 and sold it in 2016, then you would have made a great profit but the people who sold it in 2017 were in much bigger profits. Similarly when cryptocurrency price will touch the moon then the longest holding investors will have the biggest rewards.
However, if the price touch the bottom your capital will gone. Trading is a matter of risk management. We don't just buy and hold btc or altcoins, we have to think wisely on how can we ride in the market. Most of us will inspire for those people who have hold bitcoin and sold it when it moved up, but the real scenario in trading is that, you don't want to see your capital crashing time by time. Therefore, you will make a certain changes in your trades which may lead you in devastation or safehaven. Anyway, I am agree to you that the longest holding investors are those winners when the price landed in moon.

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December 16, 2020, 05:36:52 PM
 #179

You should hold on for a while, i read an article recently, lots of rich people are buying bitcoins. They are the people who have the ability to seize opportunities, you shouldn't leave when they join now.
Those people are not dumb I think if they are buying just when bitcoin has reached a new ATH that is because they either are planning to hold their coins for the long term or they have been buying bitcoin in secret and their average price at which they bought it is not going to be affected considerably by investing in bitcoin right now, I really think that rich people have been investing in bitcoin for years but never told anyone and now they are only doing it to attract the rest of the population and dump some coins on them.
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December 16, 2020, 07:06:01 PM
 #180

determining when is the best time to sell is very easy,
just when you have experienced a profit then sell the coins you have,
because if you are still greedy, you will never be successful.

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