What is the Best Time to sell ?

[kolbalish]

I mentioned in my previous post that the sell should be performed only when the price goes up. And if it is crucial to selling at this juncture for any necessary motive, then it should be done immediately, perhaps there may be a loss. Always keep in senses, trade or investment should be performed with the proficiency to overcome any circumstance. So that you don't have to sell in a scramble. 

[Pokapoka124]

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

Selling at $62000  is not a bad If you bought at a lower price and made profit. Regretting now because there's is a rise in price is pointless. If the market had dumped you wouldn't be having mixed feelings. Be satisfied with the little profit you made. Don't let greed set in. That can destroy your whole trading plan.
I sold Bitcoin at $22k and $30k...at the time I was happy I made good profits considering my entry points. Now Bitcoin is $62k I'm not even bothered about it

[boyptc]

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

And that's many of the mindsets that we've got.

Think of the past prices that are lower than that and when bitcoin hits $20k again for the second time. I'm sure that many of us thought that it's the only peak that bitcoin shall by that time.

But bitcoin proved us wrong.

[AWMM24]

Should I hold for more time?

You should hold for some time. Expected price for btc is 65k$.

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

it depends on how much you want to buy.and for how much time. if its big investment you should buy now.

[LUCKMCFLY]

I mentioned in my previous post that the sell should be performed only when the price goes up. And if it is crucial to selling at this juncture for any necessary motive, then it should be done immediately, perhaps there may be a loss. Always keep in senses, trade or investment should be performed with the proficiency to overcome any circumstance. So that you don't have to sell in a scramble. 

You mean sell when Bitcoin hits a new ATH? there is a probability of sale that is good, because when it tends to reach a new ATH the price goes back a bit and then rises again, but that is in a matter of seconds, it is very difficult to determine and have the determination to do it, now if you sell in an ATH, the danger is that if it continues to rise, because new ATH implies new price levels that have been unexplored.

The strategy of selling when it is rising is not bad only if you consider buying in the correction, but you have to bet on the correction that is very strong so that profits are obtained in the short term, they really seem very risky movements, and I do not have the capacity of reacting so quickly to the market. I think that for this type of movement some traders use the bots that can react quickly or the so called: High Frequency Trading, which is another level to handle the negotiations that way.

[cryptolord2077]

As practice shows, no one knows the answer to this question for sure. It all depends on what kind of coins you are holding and what goals you are pursuing. As practice has shown, those who keep the coin in the long term, those projects that people consider in the long term, in the end, justify this long term perspective. The same is about short-term coins such as Sale and the like. Therefore, first determine your goals, then you can understand what and when to sell.

[tygeade]

As practice has shown, those who keep the coin in the long term, those projects that people consider in the long term, in the end, justify this long term perspective. The same is about short-term coins such as Sale and the like. Therefore, first determine your goals, then you can understand what and when to sell.

Only after long term of holding, the price of coins definitely might have moved into next level of range which will be definitely profitable hence that must be the right time to sell. For example, dogecoin was trading around 35 sat until few months back but right now strongly holding above 100 sat (and right now trading above 200 sat), So, we could assume it have moved into next level of price range then it must be the right time to sell to enjoy profits.

Basically, to enjoy such kind of trading pattern and for long-term holding, you must prefer investing only on highly known coins. Otherwise you cannot follow this practice.

[RILWAN]

The entire cryptocurrency market is highly volatile, so it is uncertain. Bitcoin or whatever coin you are holding if you want to sell this is the best time to do so as the entire market is on the rise. Avoid buying the bull run is in its prime season, anything can happen in price better to buy at a cheap price and sell at a high price.

[randegibran]

Should I hold for more time?

You should hold for some time. Expected price for btc is 65k$.

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

it depends on how much you want to buy.and for how much time. if its big investment you should buy now.

Talking about how long time take for holding depend with how much profit you want to earn, many people have different way with their profit earn for selling coin, for me 5% is enough to sell my assets and buy back with other coin because I want every day can earn profit although little, but if you saving income could be good thing for long term holding.

[Iceblast]

for me, the best selling is when you get a profit, because we can see the price of our order. if you have got the best price maybe it can sell, the most important thing is not to be trapped in a panic sell because of the correction, that's not very good

[SacriFries11]

for me, the best selling is when you get a profit, because we can see the price of our order. if you have got the best price maybe it can sell, the most important thing is not to be trapped in a panic sell because of the correction, that's not very good

I think if you're satisfied with your profit then sell it. Don't be greedy. You can also stick to you're plan on how much percentage you would like to sell or how much is the total percent gain you made. Wait again for the correction then buy again. TA will also help you to exit in trade.

[CaVO32]

for me, the best selling is when you get a profit, because we can see the price of our order. if you have got the best price maybe it can sell, the most important thing is not to be trapped in a panic sell because of the correction, that's not very good

I think if you're satisfied with your profit then sell it. Don't be greedy. You can also stick to you're plan on how much percentage you would like to sell or how much is the total percent gain you made. Wait again for the correction then buy again. TA will also help you to exit in trade.

As long as you are in positive profit, you are good. Being greedy is one reason why people fail in trading. They want more and more, up until their coin already goes down its value.

Just wondering when the OP sold his bitcoin? Because from the time he created this thread, btc was in the $13k+ range. And look at now, if he managed to hodl, he already got huge profits even selling at today's price of $56k.

[Xampeuu]

I think the best time to sell is when our targets are met. and after that, for example, if the price is still rising, it means we have to be ignorant, because we don't know where the price will run, the most important thing is we don't get greedy

[carlisle1]

I think the best time to sell is when our targets are met. and after that, for example, if the price is still rising, it means we have to be ignorant, because we don't know where the price will run, the most important thing is we don't get greedy

Very well said! never to get greedy as most of those who go behind that losses opportunities and instead of taking their profits ended up losing part of their investment, be precise setting your goals and once it's been hit make sure to decide pulling your investment out.

Whatever happened next make sure to enjoy, if the market decide to pumped for more never to chase the coin back, you'll lose afterwards.

It's a roller-coaster journey while you are inside this market, the rest will follow once you already practice your desire strategy.

[randegibran]

When the price high you can sell that time. I set a target myself always when I will sell and I convert it in stable coins. When the market in dip I buy more. It's working fine for me.

Bit now almost trader never hear what do you ask, when get much profit and price up they think can or have second chance for coin back more higher price again until down and they should cut loss, but when looks enough with how much profit never take care for long term holding is better way how keep running profit every trade.

[elisabetheva]

I think the best time to sell is when our targets are met. and after that, for example, if the price is still rising, it means we have to be ignorant, because we don't know where the price will run, the most important thing is we don't get greedy

I agree with your opinion that states do not be "greedy" because this is the principle that must be adhered to when we are going to make long or short term investments which are now starting to trend. if when we buy at a cheap price and when it has reached according to our wishes, it's good for us to sell and no need to hesitate even though there is a possibility that it will go up again. because what we are aiming for has been achieved if we continue to do so, the goals we want will not be achieved but even loss. because sometimes opportunities cannot be repeated.

[EncuentraCerca]

There is no better price to sell, because it is impossible to know how far it can go. What there is is good portfolio management. The only recommendation I can give you is that you try to divide your portfolio, even if you only have one asset (btc), and take the opportunity to sell on the ups and buy on the downs. For example, at current levels, it would not be bad to sell 10% -20% of the portfolio, and as long as it does not go down another 20% or 30% more, or go up another 20% or 30%, not to buy or sell again respectively.

[Zanab247]

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 market atmosphere is very good to buy some more to wait for the happy day to come before you can sell and smile with your good decision. Since the price of bitcoin just decreased few days ago, show that you can buy more coins to hold for the future benefit. This is the season to buy as much you can purchase to watch the market carefully not to miss the great reward.

[Dilerium90]

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 market atmosphere is very good to buy some more to wait for the happy day to come before you can sell and smile with your good decision. Since the price of bitcoin just decreased few days ago, show that you can buy more coins to hold for the future benefit. This is the season to buy as much you can purchase to watch the market carefully not to miss the great reward.

"Black Swan", about which Nassim Taleb wrote, comes unexpectedly, just at the moment of the deepest faith in growth. I think any practice and technical analysis arn't able to predict the global reversal of the market, so there is no point in guessing and trying to detect it. It is much more important to fix some of the profits in a growing market and lose as little as possible in a falling market. My opinion.

[Sinjokubhi]

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 market atmosphere is very good to buy some more to wait for the happy day to come before you can sell and smile with your good decision. Since the price of bitcoin just decreased few days ago, show that you can buy more coins to hold for the future benefit. This is the season to buy as much you can purchase to watch the market carefully not to miss the great reward.

"Black Swan", about which Nassim Taleb wrote, comes unexpectedly, just at the moment of the deepest faith in growth. I think any practice and technical analysis arn't able to predict the global reversal of the market, so there is no point in guessing and trying to detect it. It is much more important to fix some of the profits in a growing market and lose as little as possible in a falling market. My opinion.

Yeah, increase the profit rate and reduce the loss rate.
This is one of the wishes of traders until recently.

We have to maintain the position as well as possible. Remember your capital and make sure you can benefit from your trades. What if you continue to lose money and your capital runs out? Do you always have to increase your capital? You don't always have to increase your capital when you are losing money. Something is wrong with your step and you should stop for a moment to make plans and re-open a new position. Pause for a moment will make you avoid stress that will make you make the wrong decision. You should always avoid anything superfluous. Likewise in trading. Apart from paying attention to margin, another thing you need to pay attention to is the open position you are doing. Do not let too many open positions in a day to avoid excessive losses