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Author Topic: to sell or buy BTC?  (Read 998 times)
KTChampions
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January 22, 2021, 11:23:24 PM
 #81

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

If you understand the moment correctly and now there really will be a repeat of 2018, then this is not as bad as it might seem at first glance. Now there are many opportunities for margin trading, so even on the fall, you can make very good money. With some luck on the fall of the asset, you can earn even more than on the growth.

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January 23, 2021, 04:53:09 AM
 #82

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

yes now it's time to sell, looks like the price will return to 15000 $. that's just my advice, before losing the price

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January 23, 2021, 07:09:12 AM
 #83

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
This time it was different from the 2018 market scenario. During the year 2018 the price fell steep downward gradually once after the market of bitcoin touched its ath. This time the scenario is different, the market keeps undergoing price correction. From every price correction it gains good stability for a forward push than a downward deviation. If it was like the 2018 market now the bitcoin price will be sitting around $20000 - $25000.

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January 23, 2021, 08:53:05 AM
 #84

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
This time it was different from the 2018 market scenario. During the year 2018 the price fell steep downward gradually once after the market of bitcoin touched its ath. This time the scenario is different, the market keeps undergoing price correction. From every price correction it gains good stability for a forward push than a downward deviation. If it was like the 2018 market now the bitcoin price will be sitting around $20000 - $25000.
Every time is different, yet the trading pattern of 2017-2018 looks pretty similar to what we are witnessing now. I know the scenario has completely changed with institutional money now leading the trades. IMHO a correction after the last ATH was necessary as dumb retail money was jumping onboard and I bet many people smashed their heads quite badly falling from the top.
We will see what happens, we have a long way to go.
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January 23, 2021, 11:11:00 AM
Last edit: February 12, 2021, 01:23:25 PM by marcbitcoins
 #85

We all know that it is impossible to accurately predict a rally or price correction in Bitcoin, as several factors influence its rise and fall. Thus, it is required to act quickly after deciding to buy or sell Bitcoin, as the price may not remain near the desired levels for a long time. I suggest that the only time to sell bitcoin is if you've made a profit. It's the number of earnings you want that affects your sell point. Have a target, a goal. Just don't put all your eggs in one basket, as if you can't lose the lot and just leave with just a shrug of your shoulders, you have over-speculated.
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January 23, 2021, 11:23:01 PM
 #86

Bitcoin has support at $ 30k, if it is below $ 30k, then be careful, because it is possible to donwtren again up to $ 24k,
this does look very likely because dumps also occur, it's better to place a stop loss at $ 29900, because it will save you,
getting into altcoins will also make it safe because altcoin is so cheap.

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January 24, 2021, 02:26:08 AM
 #87

I would really love to save some Bitcoins.

Since the price of Bitcoin is quite unpredictable right now, I think it is best to wait for some time and look at the price chart. Maybe look at the identifiers so you would know what to do in certain situations. If you feel that the price is going low, you should be wary of the price changes and mark a price where you could reinvest.
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January 24, 2021, 03:12:36 AM
 #88

Bitcoin has support at $ 30k, if it is below $ 30k, then be careful, because it is possible to donwtren again up to $ 24k, this does look very likely because dumps also occur, it's better to place a stop loss at $ 29900, because it will save you, getting into altcoins will also make it safe because altcoin is so cheap.
My stop loss is around the 25k mark because I feel like that is a fair estimate for me, and not to mention that at that mark, my profit margin from selling my bitcoin is still large. I have this back up so low is because I want to have a safety landing when the bear comes. You have to be careful with altcoins though, there are a lot that are just a way to funnel money to the creator so do your research before buying one.
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January 24, 2021, 01:42:43 PM
 #89

We all know that it is impossible to accurately predict a rally or price correction in Bitcoin, as there are several factors which influences its rise and fall. Thus, it is necessary to act quickly after deciding to buy or sell Bitcoin, as the price may not remain near the desired levels for a long time. I suggest that the only time to sell bitcoin is if you've made a profit. It's the amount of profit you want that affects your sell point. Have a target, a goal. Just don't put all your dreams in one basket. If you can't lose the lot and just walk away with just a shrug of your shoulders, you have over-speculated.
Acting quickly would do the opposite effect of what you are talking about. Bitcoin moves very fast anyway, and if you move fast with it, you could be right and get a lot of profit from it that's true, but you could also be wrong and lose a lot of money as well.

The best way to approach bitcoin purchase is to make sure you know what you are doing and buying afterwards, if you do your chart readings and technical analysis well enough, spend an hour checking every small detail and you decide on something, you can do it, but reacting with emotions and deciding to buy or sell that quickly may hurt you in the end, it will be like flipping a coin. I believe bitcoin is a long term investment, and that is why I invest over course of long period with installments, and then I get out that way too, I do not get out if I can but if I do, I will do that in installments as well.

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January 24, 2021, 08:44:49 PM
 #90

Bitcoin has support at $ 30k, if it is below $ 30k, then be careful, because it is possible to donwtren again up to $ 24k, this does look very likely because dumps also occur, it's better to place a stop loss at $ 29900, because it will save you, getting into altcoins will also make it safe because altcoin is so cheap.
My stop loss is around the 25k mark because I feel like that is a fair estimate for me, and not to mention that at that mark, my profit margin from selling my bitcoin is still large. I have this back up so low is because I want to have a safety landing when the bear comes. You have to be careful with altcoins though, there are a lot that are just a way to funnel money to the creator so do your research before buying one.

$ 25k? isn't that too deep to use stop lose? I think you have to use it at $ 30k, and buy back at $ 25k and you will get more Bitcoin,
then hold on until the bounce occurs, I'm sure the bulls are not over, so don't be fooled by this game, hold on until Bitcoin hasn't touched the bearish cycle!
indeed in the current situation there are still many people hold Bitcoin because of confusion, but if you want to be safe, altcoins are a good investment this time, because bullish happen in the altcoin market.

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January 24, 2021, 10:08:05 PM
 #91

I would really love to save some Bitcoins.

Since the price of Bitcoin is quite unpredictable right now, I think it is best to wait for some time and look at the price chart. Maybe look at the identifiers so you would know what to do in certain situations. If you feel that the price is going low, you should be wary of the price changes and mark a price where you could reinvest.

Saving is good enough when we don't really have to spend btc on our daily living, its just unfortunate when there's a need to convert your digital asset to fiat so you need to sell. You had no choice because by the time you waited for the price to grow while holding, price won't move up when it's not in perfect time. Accumulating our remaining balances could be done through buy and sell during active market, but needed skills to do it.
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January 25, 2021, 12:20:31 PM
 #92

I would really love to save some Bitcoins.

Since the price of Bitcoin is quite unpredictable right now, I think it is best to wait for some time and look at the price chart. Maybe look at the identifiers so you would know what to do in certain situations. If you feel that the price is going low, you should be wary of the price changes and mark a price where you could reinvest.

Saving is good enough when we don't really have to spend btc on our daily living, its just unfortunate when there's a need to convert your digital asset to fiat so you need to sell. You had no choice because by the time you waited for the price to grow while holding, price won't move up when it's not in perfect time. Accumulating our remaining balances could be done through buy and sell during active market, but needed skills to do it.
Only sell your holdings when you need money because it is unnecessary to spend or sell your bitcoin when its price started to increase, but if you feel the price of bitcoin will go down, it's better to save your funds from going down. Holding your bitcoin and other cryptocurrencies and waiting for you to have a considerable amount of profit takes a long time; that is why you need to learn to analyze the market price and make a strategy when the price goes up and down.

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January 25, 2021, 12:28:41 PM
 #93

I did draw in a downward channel for BTC from the highs, we'll see if thats disproved or not as presumably we hit both sides up and down and break one of them eventually.   My general stance would be slightly negative for this moment though, some tell me it will spike again but I just go on what I can observe for this moment.   Of course I listen and check other opinions and price action is constantly changing.

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January 25, 2021, 02:50:46 PM
 #94

All the investors are always plan to buy BTC because of recent drop is initially affect the market so many beginners are confusing the current market. But all the fluctuations are always comes in the crypto market, those are looking for long term relationship BTC is a right choice to invest in the market. Day traders are actively monitor the market so they are buy and sell at any time, So I only suggest for mid term and long term investors.
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January 25, 2021, 03:05:43 PM
 #95

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

yes now it's time to sell, looks like the price will return to 15000 $. that's just my advice, before losing the price
What we have right now in Bitcoin price doesn't seem to be a replicate of 2018 because we have saw some institutional investors trooped into Bitcoin investment. This is enough to keep the industry not falling below $20k in my honest view, the recent fall was to enable the whales accumulate more coins to themselves.

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January 26, 2021, 06:22:58 AM
 #96

Bitcoin has support at $ 30k, if it is below $ 30k, then be careful, because it is possible to donwtren again up to $ 24k, this does look very likely because dumps also occur, it's better to place a stop loss at $ 29900, because it will save you, getting into altcoins will also make it safe because altcoin is so cheap.
My stop loss is around the 25k mark because I feel like that is a fair estimate for me, and not to mention that at that mark, my profit margin from selling my bitcoin is still large. I have this back up so low is because I want to have a safety landing when the bear comes. You have to be careful with altcoins though, there are a lot that are just a way to funnel money to the creator so do your research before buying one.
Try to put into stop loss with the support lines. If the price goes under 25k that means there is a chance it could free fall until 19k and that is a bit a bad situation for all the long term investors. However it depends on which side of 25k you put your stop loss to, if you put it to 25k and a bit higher, price could reach those levels and then go up, which would hurt you and you will lose money because you would be selling at the bottom and then price would be going up without you.

However if you end up selling at 24.5k for example, you will be capable of selling right after the huge support wall is broken and it will continue to go down and you will be capable of buying lower. That is why I suggest people to put their stop loss under 25k, not over 25k because 25k is a good support wall that may result with a correction above if it falls that much.

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January 28, 2021, 09:56:52 AM
 #97

I would really love to save some Bitcoins.

Since the price of Bitcoin is quite unpredictable right now, I think it is best to wait for some time and look at the price chart. Maybe look at the identifiers so you would know what to do in certain situations. If you feel that the price is going low, you should be wary of the price changes and mark a price where you could reinvest.

Saving is good enough when we don't really have to spend btc on our daily living, its just unfortunate when there's a need to convert your digital asset to fiat so you need to sell. You had no choice because by the time you waited for the price to grow while holding, price won't move up when it's not in perfect time. Accumulating our remaining balances could be done through buy and sell during active market, but needed skills to do it.

We don't have a choice though.

To get that profit, we convert them into fiat. But you don't need to take it as a profit but another capital to reinvest in the next good wave. If you don't need to use your funds for other purposes, you could just hold them so you could increase your potential profit in the future. It is risky to invest but if we will not be taking a risk, we won't make a profit.
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January 28, 2021, 11:15:19 AM
 #98

we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

yes now it's time to sell, looks like the price will return to 15000 $. that's just my advice, before losing the price


I don't think the rally is done. Perhaps whales are manipulating the price making confusion across the market so that they can accumulate more. It's too soon for a bear market to enter that is why I believed that it will bounce back getting back at $40 again. If you take a look we've been hovering around $30k-$31k for a couple of days and if the bear markets really coming to the price should now be dropping but it's not because the resistance was strong, everyone is confused. But it is still your call after all, if you think the market will bounce back then hold or buy more but if you think it's over then try to liquidate on Alts because it's looking good on alts right now.



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[15.00000000 BTC]


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January 28, 2021, 11:59:11 PM
Last edit: June 12, 2023, 01:49:59 AM by STT
 #99

The best thing to deciding to buy or sell is go by levels you outline, so like watching a tideline on a beach or putting a stick in the sand you can mark progress and allow the market itself to decide where its direction is most likely heading on a regular basis not just the irregular daily waves back and forth in price.



So my outline for negative target on BTC is like 28k or so and we're nowhere near to that scenario.   Bitcoin is positive in its action and failed to make a new low which I thought would lead us higher like this.   ANytime we're regularly above a 12hr average I think its moving positively and also it moved above the 2 day average this evening also.      32500 is where I'm looking for a daily downtrend, this chart here is just 15m bars but closing above 32500 on 4hr bar and daily bar like its just finished helps to cement the move and make further gains more probable.

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January 29, 2021, 01:07:31 AM
 #100

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
It all depends on when you originally owned or bought bitcoin, and if you bought it when bitcoin prices were really low before going through some ATH that happened in the last two months, I think it's okay if you want to sell it.
because over the last two months bitcoin went through some ATH 20K, 30K and the last point was 42K which in my opinion you have made a good profit what else if you sell at the highest price and buy back when bitcoin price drops at 30K then hold and stay so you can do the same thing because bitcoin price is slowly starting to rise again.

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