carlfebz2
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April 11, 2021, 08:34:52 PM |
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As always, bitcoin could go either way(up or down). Probably put yourself in a situation whereas you can take advantage if bitcoin either goes up or goes down. Probably buy in with 50% of your cash and have the other 50% ready for when bitcoin drops. Again, only you can answer this because we don't have a single idea on your financial situation.
In general though, for people that have little to no idea with investing, Dollar Cost Averaging(DCA) is probably going be the best choice.
thanks for this great advice to hold 50%. Because what i do is invest every single $. Now i'll change my streatgy. Dollar cost averaging might simple as it sounds but this isnt something that you can easily do because same as said where financial situation or capacity would really differ into each person. Not all would really be having the funds for them to ready on buying bitcoin gradually everytime it dips and majority does on one time purchases or a two. This might sound a good idea but not everybody would able to do it and this is why people do keep asking on whats the possible bottom because they do want to buy on spot.
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btc-facebook
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April 11, 2021, 11:15:18 PM |
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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?
You have to learn trading management, because if you don't understand trading management, you will always panic, When you want to sell coins using trade management, you have to sell them gradually, usually selling coins in the resistance area, because usually if the coin fails to break the resistance area the coin will be corrected first before continuing the trend.
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Willitivity
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April 11, 2021, 11:46:59 PM |
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When we start seeing news like "Bitcoin price has increased", it means that it is time to sell our Bitcoin. Whenever they published news like this and made irrelevant people buy Bitcoin, the price fell down.
But news like Buy Bitcoin has been advertised for several months now and yet we haven't gone down by a major move yet. There is no way for anybody to consistently call the top or bottom. But with time, we can get better as we hone our skills better to help with more accurate predictions from our analysis. When I was still investing regular, people in a group I like hanging out at, some sets of persons kept saying whenever a certain media house makes a bitcoin buy kind of promotion that we should sell and the other way round. It was true for only a small number of occasions.
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randegibran
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April 12, 2021, 02:37:26 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?
You have to learn trading management, because if you don't understand trading management, you will always panic, When you want to sell coins using trade management, you have to sell them gradually, usually selling coins in the resistance area, because usually if the coin fails to break the resistance area the coin will be corrected first before continuing the trend. Some body if try to trade with bitcoin or altcoin have to know external information and never see only with bitcoin price, many time when we trade on altcoin have new moment for altcoin it self like mainnet, hardfork or get update with new partner. This way become good moment for altcoin growing to higher price, without check out side news from altcoin want to trade maybe we can miss many opportunity with trading.
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Pokapoka124
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April 12, 2021, 04:30:28 AM |
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At the beginning of the year people expected bitcoin to crash like it did in 2017. Ironically we had a bull run, institutional buyers pouring in. This is not like 2017, today you have major players in the financial institutions legitimizing or buying into bitcoin. Goldman Sachs, Blackrock, MicroStrategy e.t.c have huge stacks of bitcoin. The downside of having institutional buyers in the market is that we have more whales and they can decide to manipulate the market in their favor.
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zanezane
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April 12, 2021, 08:02:20 AM |
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The best time to sell in my opinion is when you really need the money or if you are trading maybe if you feel that it is going down. What I mean is that it is up to you as to when you are going to sell what you currently have, asking others is just avoiding responsibility for your decision.
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repear7
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April 12, 2021, 04:09:17 PM |
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The best time to sell is, When you happy with your profit. But, Remember you can't be happy from every cons. Just follow the market condition and take a decision. Most time you have to sell your coin for market condition.
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tatalin
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April 13, 2021, 02:21:28 AM |
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Sell your holdings whenever you feel you are already satisfied with your gains. You can set also if you want to sell all your holdings or sell a portion then leave a portion where you can hold for long-term investment. It is all up to you. It is really hard to predict the prices but I believe this year, most coins will surpass their all ti-time high last year. Hold patiently. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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vs2014
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April 13, 2021, 01:40:01 PM |
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Sell your holdings whenever you feel you are already satisfied with your gains. You can set also if you want to sell all your holdings or sell a portion then leave a portion where you can hold for long-term investment. It is all up to you. It is really hard to predict the prices but I believe this year, most coins will surpass their all ti-time high last year. Hold patiently. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I prefer that he take part of his profits and hold some for the long term, The cryptocurrency market is volatile, which makes it difficult to predict, but holding currencies is the most appropriate and safe decision. The best time to sell is what each of us will determine according to his complete satisfaction with the profits that will be taken.
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Mamun74
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April 13, 2021, 03:26:35 PM |
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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?
Bitcoin price will rising every day. So,You can hold your bitcoin for more long time.I think bitcoin price will be reached $100k this year.So you can get more profit. I think, When bitcoin price goes down then you can buy more bitcoin for holding.
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conected
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April 13, 2021, 05:23:28 PM |
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The best time to sell is, When you happy with your profit. But, Remember you can't be happy from every cons. Just follow the market condition and take a decision. Most time you have to sell your coin for market condition.
- The prerequisite is still decided by the goodness of the market and to be honest, happiness is never complete, somewhere will still be a loss and regret of profit because when this market gets good, the better trend can continue to happen, resulting in a relatively high bias in our selling decision, it is difficult to accurately predict a peak in this era. This question will get countless answers with different ideas but the focus issue still cannot be specified, the market of trust, therefore, buying and selling will be decided upon based on the highs and lows in our beliefs.
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Traderbtcc
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April 13, 2021, 07:18:07 PM |
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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?
This is where so many traders get stucked and yeah they eventually hold thinking it will still pump and in the end because of their greed for more profits it's turns into a loss,one of the most important skill to acquire as a trader is to learn when to wave goodbye and just walk away without looking back, personally I would say as long as you are in profit you can sell. 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 and you don't have any need for fiat now, then keep holding onto that gem, $100k is still achieveable this year.
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randegibran
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April 13, 2021, 10:37:31 PM |
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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?
Bitcoin price will rising every day. So,You can hold your bitcoin for more long time.I think bitcoin price will be reached $100k this year.So you can get more profit. I think, When bitcoin price goes down then you can buy more bitcoin for holding. This year awesome moment for bitcoin without any bad news from country like banned bitcoin and bad rule where bitcoin become illegal payment currency transaction, when bitcoin have success cross above $63k keep get positive news and become moment for any country to adopt and accept bitcoin as legal currency payment for the future.
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Momoamzad
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April 13, 2021, 11:10:36 PM |
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Actually there is no suddenly tricks . Usually your guessing power work out. When the price become up and you think it is the moment you can sell. Still you can take more information about the exect asset.
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elisabetheva
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April 14, 2021, 05:12:44 AM |
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when you buy it at a price that is indeed cheap and now it has reached a price that is quite high, you should be sufficient to sell it, because it is worthy of you to receive a large profit and don't be greedy to keep waiting until the best price. because greed will make you no longer rational to think.
because you can search with the results you get to buy another coin from scratch again like when you got that profit. remember that satisfaction will have no limits if you always follow it, it's better to start over from scratch, of course, will be a satisfaction in itself.
so there is no limit to when we buy or want to sell, depending on what we think is feasible.
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awik p
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Pepemo.vip
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April 14, 2021, 01:23:20 PM |
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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?
Bitcoin price will rising every day. So,You can hold your bitcoin for more long time.I think bitcoin price will be reached $100k this year.So you can get more profit. I think, When bitcoin price goes down then you can buy more bitcoin for holding. This year awesome moment for bitcoin without any bad news from country like banned bitcoin and bad rule where bitcoin become illegal payment currency transaction, when bitcoin have success cross above $63k keep get positive news and become moment for any country to adopt and accept bitcoin as legal currency payment for the future. with the development of bitcoin as it is today, many countries and large companies will consider the benefits of using it for the future. but I see that for now bitcoin tends to be used for trading and investment to make big profits, I think now that there is no defense on the left on the market, of course we have to be careful
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Saniati
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April 14, 2021, 01:50:01 PM |
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If you are satisfied with this profit then you can book Profit or you want to hold it’s up to you.
Btc price increasing day by day and i think hold but can't say surely because crypto market risky. So, you can book profit or hold.
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randegibran
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April 14, 2021, 04:16:01 PM |
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Depend how much profit from your trading coin target, I always take profit after raise more than 10% from my coin profit and sell it. Never have on my mind to hold long term because I am looking short term trading way. I need income every day although should sell coin after raise profit only 5% or 10%, but the last 10% is most maximum for my profit target, some time when raise 5% I sold my assets and looking for with new coin to trade.
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fahmimajannat
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April 14, 2021, 05:07:31 PM |
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The best time for selling is when you can analyze that the market is going downward and you identified some patterns of downtrend. So its better to exit from the market. After market make It's corrections w8 for the uptrend signal and patterns Then again enter the market. But its better to sell instead of waiting for the pump when market is going down and down.
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DigitalFox
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April 14, 2021, 05:33:50 PM |
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The answer is you never know for sure. Month ago I thought it'd be right to sell at $62000 (and I partly did), now I'm not so sure LOL
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