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Author Topic: Don't wait for the market, start selling in parts!  (Read 393 times)
traderethereum
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December 23, 2020, 12:33:22 PM
 #41

If you've bought bitcoin when it's still cheap and hasn't reached ATH, I think it's time to come out now. Because bitcoin has penetrated New ATH and the current condition is the end of the year and christmas, which can be seen in this annual chart there will be a decline.
Unfortunately, no one knows when the bitcoin price will reach next ATH.
The best thing you can do is sell the bitcoin when the price reaches the peak and wait for a while for another down for the price to buy bitcoin again.
If you sell some parts in many ranges of price, I think that can give you the profit, but that can work if you can place an order sell before the price start rally. But do not place too close because your profit will not be bigger.

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December 23, 2020, 03:47:21 PM
 #42

If you are invested in Bitcoin, we have reached at the stage where it is very confusing whether to hold for more gain or sell at the current price. You will have started seeing traders and influencers posting snapshot of fancy profits they made and they are waiting for handsome XYG price fulfilment. Well, take them lightly and don't follow blindly. Be cautious to avoid losing your funds. This is a crucial times for newbies, especially.

So, if you are a holder you will most probably be thinking about waiting more until it gets to XYG price. This is not a good move in such volatile, ATH-hitting market. So, I think selling in parts can be the best strategy at the moment. You will minimize risks while getting good prices in parts. What do you think?
if it were me, my choice would be to sell. because we know that if we hold on, we will get disappointment where the price will decrease and this is a moment to get profit. What do you think ? isn't that a good choice right now
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