Sell in May and Go Away. What do you think?

[janggernaut]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

[1714869706]

1714869706

[int03h]

Every year March was the time of Bitcoin's decline, so there was a sharp drop in price towards the end of February to correct the market.
This year in March Bitcoin continued to increase in price.
I don't know what people think of the market, but in my opinion, the inflow of money into Bitcoin and cryptocurrencies has become more stable, so we are in a different market from history.
Take a look at Tether's continuous USDT printing or hedge funds buying Bitcoin's depreciation and I am confident that the market will continue to grow despite historical data on the crypto market.

[Poker Player]

What I believe is that this type of reasoning is a garbage inductive reasoning if we do not take into account other factors. Relying on the short history of Bitcoin, divided into months, to be able to predict what is going to be able to happen in the future by months, is not very sophisticated, to say the least. I know it is a common way of thinking but it is still too simple. Most of the patterns you think you see there will break down as time goes by.

[NeuroticFish]

Vote the poll & give your reason.

You don't have the option "neither/other", so I didn't vote.
Since I'm not one of those that sell today and buy back tomorrow, I may sell, depending on the price and my needs, some sats here and there, but I'll mostly wait until 100k EUR/BTC.
I think that a HODL without sell and also without buy is closest to what I'll do, but that option also doesn't exist.


All in all it looks more an attempt to influence some than an actual poll...

[chaoscoinz]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

It makes sense from a sentimental analysis point of view. May is when spring is within full bloom, right before the beginning of the summer hits. The only big money making event that really happens in-between May & October is the Independence Day 4th of July event in the states whereas every consumer is pretty much preparing for all of the following festivities like concerts, picnics, backyard barbecues , fireworks, amusement parks, etc. Lot's of Big shopping happening around then. November is where the big pick up is. Thanksgiving leads directly into Christmas, which equals a lot of money flowing everywhere  and every which way you can think. Best time to probably buy in, logically.
  Spring is probably where the profits are ripe and signs of a bear are on the horizon. whereas November is where you could catch the bounce before it bulls. Thus, the cycle continues  

[capcaypro]

In fact, none of the votes above suit my heart but if this is true I will keep my coins that I have collected for a long time besides that if the price continues to decline, this is actually a very good opportunity for those who have funds to increase their wealth assets. because this is not talking about a day or two. hodlers are always a winner and it will stay that way. people who buy now and sell tomorrow cannot serve as the benchmark for this kind of thing. which I believe maybe currently bitcoin is undergoing a correction but this is very natural that in the crypto world it cannot be taken seriously so you have to sell all existing assets

[chaoscoinz]

In fact, none of the votes above suit my heart but if this is true I will keep my coins that I have collected for a long time besides that if the price continues to decline, this is actually a very good opportunity for those who have funds to increase their wealth assets. because this is not talking about a day or two. hodlers are always a winner and it will stay that way. people who buy now and sell tomorrow cannot serve as the benchmark for this kind of thing. which I believe maybe currently bitcoin is undergoing a correction but this is very natural that in the crypto world it cannot be taken seriously so you have to sell all existing assets

Were you lucky enough to get in the first bounty campaign brother? If so it was a blessing in disguise(whether or not you religious, no disrespect). I'm not entirely sure if similar projects exist on the Bitcoin networks but if not, this would mean that Sovryn is the first of it's kind on the platform. The way I see it, I was picking up the same vibes I got from Uniswap, so I dived in. Didn't want to promote a scam or anything so I handled my Due diligence first and did some research and found out the POMP (Anthony Pompliano) himself was investing directly within the project.

[TopTort777]

If you are scared of price reduction, why dont you want to wait the storm in stablecoins?

About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.

[watergold]

I will stick to being a long-term holder, no matter the issue whether it is trying to drop bitcoin or even trying to manipulate bitcoin ownership, which is currently being planned by China as a country that dominates Bitcoin owners.
karan keeps going back to the basic rules of Bitcoin, freedom over yourself and ownership without parties when.
so I will not choose one of the points above, even though there is a lot of speculation related to MAY and so on, it doesn't change my principle of Bitcoin ownership.

[BrewMaster]

considering that this is not the stock market and bitcoin has never followed the stock market trends the question becomes pointless.

apart from that since we already had a big correction this month and the price went low enough to get ready for the big rise and there is only 4 more days left in April, there is no other option for May to be a big bullish month.

if that's not enough in both 2020 and 2019 was bullish in May. we had 40% rise in May 2020 and 110% rise in May 2019.
The only time May was bearish was 2018 and that is because 2018 was the bear year! but take 2017 there was a 150% rise in May.
or May 2016 which was a 90% rise.

in any case months don't determine the market direction. the trend determines that and we are in a bull market specially after the correction we just had.

[usekevin]

If you are scared of price reduction, why dont you want to wait the storm in stablecoins?

About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.

Now the April month is going to end. So we can't expect some raise in the price the bitcoin.If you had a doubt have a check of bitcoin price today.Now the price of bitcoin crossed the 53k after a huge struggle. It was stable at 50k over a period.Now the same was change over to the next pump.Kindly hold further to get a decent profit from your holding bitcoin.

[Fortify]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)

From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

You should be careful trying to draw parallels between stock market quotations and the prices of Bitcoin, one has been around a lot longer than the other. Considering there is much less data to go on, it could easily be random chance at this point with a mild correlation. Performance in June looks very similar, with just one more month of barely negative action. Maybe you should revise it to Sell in June. When once you start hitting 20 or 30 years of data it would be possible to get a better feel for price movements and you may even have to exclude the first few years of data, to factor in Bitcoin still being outside the mainstream at that point. It does make for interesting viewing though and if you did want to sell some of your cryptocurrency it might be better to do it in the green months.

[Yogee]

The pandemic messed up a lot of things particularly the massive fiat printing and inflation so I wouldn't rely on past performances of bitcoin.

I am also with BrewMaster's comment that the market already had a deep correction this month and it's on the bounce now. It appears this "sell in May" came in earlier than expected.

I think it's too early to be getting out of the crypto market whatever happens next month. The bull market isn't over yet.

[yhiaali3]

As long as this is repeated more than once, I do not think that this is a coincidence, it appears from the behavior of Bitcoin in most of the years after the month of May there is fluctuation, instability and decline, so I think it would be a good idea if you sell at least half of your bitcoin on May and hold the rest until the year Coming at least. Perhaps this year will be different from previous years due to the entry of the big players into the bitcoin market, so it is better to leave half the quantity with you than to sell everything.

[grabpopcorn536]

The cash flow has been pouring into the crypto market more often than in previous years. Compared to the highest capitalization of the whole market this year has tripled the highest market capitalization of 2017.
We have more Tether with active investment from institutional investors around the world. After each price drop, we see the market recover faster.
The pandemic is still going on, so more money will be poured into the market.
I am confident the crypto market this year will hit a new ATH.

[johnwest]

I am a person who sells coins whenever I need money for something. I don't sell when the price is too low or when am negative, if all my coins are in red then I would sell my USDT or BTC. I don't think there is any pattern on people selling or buying crypto. There is something which always happens for the first time and it might happen this year that all these months might be green months.

[herurist]

selling all the altcoins and transferring them to BTC is one strategy to collect the trading proceeds to get Satoshi chips. in terms of altcoin trading as an alternative to top up your portfolio balance and transfer all profits to BTC. I have no other choice but to do that from day to day. whatever I have when bitcoin corrected, then I'll write there.

[Silberman]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

This strategy does not make sense in the world of cryptocurrencies, it is a strategy specifically designed for stocks and even if now there is some correlation between the stock market and the bitcoin market this does not mean they are going to always move in the same way, it is better to just watch the price if you want to become a trader and decide what to do based on what the price is doing, otherwise you will lose a lot of money with strategies which do not make a lot of sense.

[batang_bitcoin]

I'll be selling if I want to and if the price is right, there's no such quote and strategy that has been mentioned on the OP that I do. I'll go away if I think that I've got enough.
But I'll be hitting the price that I want to sell soon and it depends if there will be some time that I have to decide whether I should sell and forget.

I think that a HODL without sell and also without buy is closest to what I'll do, but that option also doesn't exist.

This is the same of what I may do.

[veznata]

why in May? I would suggest middle of September - then sell for $300-400K
https://ibb.co/0ymmLgJ

[Yatsan]

Even such data have been given by the OP through the picture provided, still I am not convince we scenarios are not that always constantly be happening over time for there might be external factors that may affect the sudden changes for we have already know what to expect when time comes. It will still be good to assess first the situation before coming up into a direct action and respond on what we can see and observe if what will be the best resort to do with the situation we have on hand. With that, I cannot barely say what will I do on the month of May. Let us just wait and see.

[mersal]

IMO, its just a coincidence with stocks and crypto market especially after the pandemic season but remember bitcoin was never been predictable so it always will be, if someone can conclude that it is following certain months for bearish and bullish then the price won't be such huge as of now.

Well, talking about may, I am also having a doubt that we may see bearish trend not because of this analysis but we have been in the bullish trend for very long time so he bear is not too far away from now.

[Timelord2067]

I've been in various Signature Campaigns for a little bit over a year.  All of the funds I've received so far I've been able to HODL and intend to do so into the future (we're talking multiple years here).

Why only the SigCamp funds?  At present, I'm receiving $60 in BCT per week which is a good amount to put aside - it hasn't come out of my pocket, so I don't miss it.  Anyone wanting to fund a weekly purchase of bitcoin should probably look at anywhere between $20 to $50 per week as an amount you can afford to set aside apart from any-other savings scheme you might have.

[online73]

Personally, I think that any activity requires rest - and here too. I think that for a month, or maybe two, it is worth disconnecting from the cryptocurrency market altogether. There is a feeling that a good reduction in price is being prepared now. Therefore, I sold all my savings in bitcoins and invested the entire amount received in a pending buy order at a price of 16 to 23 thousand. Even if I turn out to be wrong and the "train" flies away without me, there will always be new, very promising projects, thanks to which I can easily achieve everything I could not make money on.

[Alucard1]

I don't think that each month has a parallel pattern, there are so many factors that can affect the price of the bitcoin and it is not based on the month if bitcoin will go down or go up, come to think of it, when Tesla bought $1.5 billion worth of bitcoin, it really gives the huge movement of the price of the bitcoin and it's not happened on May, it happened on the month of February, things can happen in any month so the chart of the thread doesn't make sense because bitcoin can go up when things happened like this and it can happen in any month.

[btc-room101]

Every year March was the time of Bitcoin's decline, so there was a sharp drop in price towards the end of February to correct the market.
This year in March Bitcoin continued to increase in price.
I don't know what people think of the market, but in my opinion, the inflow of money into Bitcoin and cryptocurrencies has become more stable, so we are in a different market from history.
Take a look at Tether's continuous USDT printing or hedge funds buying Bitcoin's depreciation and I am confident that the market will continue to grow despite historical data on the crypto market.

Makes sense, sell in March cover taxes due April 15

'but sell in may, walk away' is  the stock-market and stock-market is an inverse relation to bitcoin

Think about it this way, when interest rates are low, then BTC to the moon, as BTC is the new-cash ( last year theme ), but last two months, now interest rates are on the rise, so people pull out of btc, and return to high-paying 2% (almost) treasury bills

Thus BTC performs like Bonds

What's clear from the image is that you can also count on the fact that early April is the time to buy, on average; But in a typical year you would have to consider t-bill direction, as well as up/down of BTC; There are always correlations if you look for them, but can you trade on them? I think not, most traders are day-traders

In the parabolic history of BTC, its best to have early mined and paid a nickel for a BTC and to HODL, all else lost their arse; Late arrivals lose the most, early players make out like bandits, there is a reason they call it a "Pyramid Scam", those at the base make all the money, and as you come in towards the top, the gains get narrower and then diminish, but those that come in from the bottom, always win

Time value of money, 99% of all wealth in history, is being in the right place, at the right time. That said, lots of early BTC were lost, cuz who could have known that the crap would sky-rocket. I would say more than 1/2 the early miners didn't record their private-key properly, they just early on generated an address, and flushed wallet files, it was a game to see who get could get the most, not for money, but ego

Lots of luck inv
olved being there, and them having the fortune to have recorded your private key in a safe place, like to even remember where that place may have been.

Even today people create wallets and don't think about recording the 'magic words', or don't even understand the priv-key, or fail to record the wallet password, lots start as a trial run, and continue to deposit an early address, not thinking that they actually didn't record properly the priv-key in the first-place.

The reality is all adopters of  the crypto scam, need training wheels and mentorship. Dumb luck prevails in those who can be called 'whales'

Even the Winkelvoss purchase was dumb-luck/timing, they could have just as well lost their arse. Timing & Place is everything.

...

Using the above logic, the smartest thing today, would be to put equal cash into really cheap new alt-coins that have a future, and HODL; The future 100x returns will be in that space, bitcoin pyramid is game-over, or best might see 2x, but will probably see -80% fall.

$1k into DOGE a month ago is $50k today, and $1k in BTC a two weeks ago is $800 today.

The days of 127X for BTC are over, nada never going to happen, impossible, for the simple reason is that $50k is out of reach for robbin-hood traders. Average BTC holding is 0.05BTC, or $3,000USD; That kind of money fits into the 0.5 cent coin space well.

I don't think that each month has a parallel pattern, there are so many factors that can affect the price of the bitcoin and it is not based on the month if bitcoin will go down or go up, come to think of it, when Tesla bought $1.5 billion worth of bitcoin, it really gives the huge movement of the price of the bitcoin and it's not happened on May, it happened on the month of February, things can happen in any month so the chart of the thread doesn't make sense because bitcoin can go up when things happened like this and it can happen in any month.

Well charts are like 'tea leaves' anybody can see whatever they wish, hell anybody can justify anything they wish.

History is rather harsh on 'chartists' most lose their arse over time.

Greed & Fear drives everything, but you can only react because the psychology is spoon fed by the MSM. GOV taxes what it wants to destroy. Many variables.

FIAT will always flow from bad FIAT to good FIAT.

Trouble is today, most Governments on earth are all marching to the NewWorldOrder, witness the 100% cooperation with COVID lockdowns.

Some people are always creating wealth, the majority are always losing. Most of the time it pays to run wall-street and pull new issues like COIN, or RIOT out of your arse, and sell them to suckers.

The fascinating story about BTC, and alt-coins today; Is that little people, say a nerd in China or India, can really get rich, if they just clone BTC, and have a good story.

It's always the GUY who pulled the virtual-pet-rock out his arse, that makes the  most money; It's called pre-mining in the bitcoin scam universe.

Thus even better than spending your $3k on btc, or an-alt, would be to invest that money in a server, and develop your own shitcoin, and market it, and get your friends to early-adopt. That's the real riches are made.

[moderator's note: consecutive posts merged]

[slapper]

After seeing the picture, bitcoin is mostly red around July to Sept. I'd rather divest my funds in June. Currently, bitcoin has recovered its price and the trend is back to normal. I guess it may take another 2-3 months for bitcoin to reverse to bearish.

IMO, this is a good indicator for people to maintain the balance and since the method is pointed out by investopedia, there must be a huge number of investors following this technique. Have you heard about self-esteem prophecy? When there are a large number of people who believe in a same prediction, it is likely to happen.

[KaliLinux]

I dont think I will allow any form of prediction to influence what my decision is about Hodling my Bitcoin. I understands that there are major price corrections in cryptocurrency market and my intention for my Bitcoin investment has been a long term one regardless of what the price is looking like in the immediate few months wouldn't matter because any thing/news can influence the price of Bitcoin for that month which might not truly represent what bitcoin is. I have a target and am willing to hodl till my target is met.

[btc-room101]

IMO, this is a good indicator for people to maintain the balance and since the method is pointed out by investopedia, there must be a huge number of investors following this technique. Have you heard about self-esteem prophecy? When there are a large number of people who believe in a same prediction, it is likely to happen.

The majority here push the HODL narrative 24/7. Confirmation bias, they close their eyes and mind when BTC goes down, and yell at the moon when prices rises.

During a collapse, consensus of silence is demanded, otherwise you be a 'hater', so say the bitcoin cult

The cult leader Musk, just sold his stake, but its ok that he doesn't HODL. Why is that? Your supposed to HODL, not him. If HODL is such a good idea, then why did Musk sell? Why is it OK, for Musk to take profit, but not you?

Cults always do this the leader will tell you all to practice Chasity, and then the same leader will be having sex with every nubile in the cult.

Nothing is more powerful than being ostracized, here being called a 'hater'

[malikg18]

If anyone is in profit he can sell but selling in loss is not suitable.According to market history  market still has to go rise up to end of this year.
Holding in good top coins is also the alternate option.

[Lorence.xD]

If anyone is in profit he can sell but selling in loss is not suitable.According to market history  market still has to go rise up to end of this year.
Holding in good top coins is also the alternate option.

Just hodl if you won't get a substantial amount of profit when there is a big pump in prices. If you have a considerably decent amount then you will probably be good to go with selling for a profit.

[cydrix]

If i would've that kind of money I would just put all my money in Bitcoin since the results over these past 3 years all of it's values seem to only rise year by year and taken into account if bitcoin drop down to 20k$ I would still but that kind of bargain and buy more and more if I have the money for it. It's just like a bank but it has more interest than comparing it to a bank many times over.

[davis196]

If you take a look at the graphic,you can see that May is probably the best month for Bitcoin,so the saying must be something like "Sell in June or July and go away."
It seems like August and September are the worst months for Bitcoin.All the other months are pretty good.
However,such historical data can't be 100% accurate and cannot predict future price patterns.
I didn't know about this "sell in May and go away" tactic,when it comes to stock trading.
Bitcoin is way different than stocks.When it comes to BTC,the saying must be "Just HODL and forget about months and prices."

[TastyChillySauce00]

From the graphic it seems the red market distributed evenly and not necessarily gonna happen in may until october so I doubt its gonna be a good idea, not to mention the recent dump happens in april which means this year around red market gonna be counted in april and who knows in may till october there gonna be more bullrun than before. I'm pretty sure that this year the bullrun market gonna amounts more than the bearish considering all the things that have happened to crypto market such as institutional investors or even defi that makes people goes crazy.
I'd definitely prefer to hold it till the end of year like exactly what i'm doing right now, since many people also projected that the bullrun in the current time is just beginning.

[Congyang]

After seeing your picture, maybe I will try to sell 30% of my BTC assets and try to enjoy the profit. after the market goes down again I will buy BTC and wait for the price to go high. So I'll make good use of it in May.

[Rkss4]

Many people have given up bitcoin sales out of fear that the market is going down a bit at the present time but many people have started investing in bitcoin taking advantage of this opportunity.  Let's say this gentleman didn't give a dollar sale to Elon Musk.  Then why should I be afraid of you.

[KryptoKings]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)


From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

The problem with these price predictions is they never take into account the external environmental factors that can affect the price.
Let's say all of a sudden US government decides to ban BTC, this will crush the price of BTC to lowest level. Similarly if all government decided to accept BTC as legal tender, BTC will soar to highest level.
Never base your buy/sell decisions on these charts and prediction tables.

[Qlimaxaz]

You don't have the section "neither". I want to go long with my bitcoins. I want to keep them in my wallet and watch them grow.
We are at the begging of a new era and I think it's obvious that BTC's are an important type of asset.

So, my opinion, keep them btc's; if you want to trade, trade smallcoins. 

[blckhawk]

Even such data have been given by the OP through the picture provided, still I am not convince we scenarios are not that always constantly be happening over time for there might be external factors that may affect the sudden changes for we have already know what to expect when time comes. It will still be good to assess first the situation before coming up into a direct action and respond on what we can see and observe if what will be the best resort to do with the situation we have on hand. With that, I cannot barely say what will I do on the month of May. Let us just wait and see.

You do have a point, that is why the market was still unpredictable because there's a lot of factors that might happen and affect that cycle within those months. That is why I choose to ready all the time, I will sell and buy whenever time I want. I will not consider using that data and I will freely trade whenever I want depending on the current market trend but I'd say that could be pretty useful for some cases like ff you don't any plan what to do with your coins probably you could use it as a reference.

[isaac_clarke22]

Could be different at this point.
We're never sure of it. May last year, we had halving so it went green as well.
About post- May to October, it could be quite normal for it to be red because a lot of people would surely sell at that point due to holidays especially Christmas drawing near, but it won't happen all the time as well.
I can still recall when Bitcoin was bullish in 2017 and it was end of the year almost.

[elisabetheva]

You do have a point, that is why the market was still unpredictable because there's a lot of factors that might happen and affect that cycle within those months. That is why I choose to ready all the time, I will sell and buy whenever time I want. I will not consider using that data and I will freely trade whenever I want depending on the current market trend but I'd say that could be pretty useful for some cases like ff you don't any plan what to do with your coins probably you could use it as a reference.

yes to determine I agree more with what we will do and the analysis that we make ourselves. so that also getting used to what we are going to do will be useful in the future. but not a blind eye to data information from other people but it should only be used as a reference, because we still need data information that may be good and build by considering what we have analyzed ourselves. although in the end all the decisions will happen from what we do is better.

[Sled]

If we believe about history repeats itself and think about this year will be the same as last 2018, it gonna be alarming seeing that the market is red as it enters the 3rd quarter.

Maybe, we couldn't ignore these things but I keep myself believing that 2021 is far different from the previous years. Dumps and market corrections are inevitable that we need to be prepared for but not a thing we have to worry about. But in some other way also, selling could be possible (for me) if it is necessary.

[goinmerry]

No graphics nor charts of past performance can affect my strategy.

I will buy when I want. I will sell when I want. BTC price will hit new ATHs as the year progresses but I don't just want to hold. I'm not a person after all that can afford to sleep BTC for long.

"I need BTC to make another BTC" and that's the goal.

[virtualdn]

Of course you are free to do it but always remember that Bitcoin is long term, so don't come here later and cry when BTC will reach new heights.

I'd never sell all BTC that would be an insane move. I'd probably sell 20% at a certain time but still have no idea when this will happen.

[TribalBob]

I will sell my BTC at the end of this April because in May I really need a lot of money so it's not wrong if I sell 50% of my wallet for my needs, if there is an opportunity by looking at the table you provided in May there will be a price graph going down then that is opportunity to buy altcoins first if there is no capital for buy btc again

[hector3115]

Selling now is not the best solution. Just wait. You don't lose anything.

[ivankoh]

Selling now is not the best solution. Just wait. You don't lose anything.

Agree, Oh, I don't think selling in May would be reasonable and wise.  Why in the long-term expansion trend when favorable conditions will help the market grow steadily.  The two reasons I see and based on the recent loss diverted the market. 
1. China has actively controlled the supply of electrical energy to mining camps in areas where it has claimed sovereignty. 
2. New tax laws in the USA will have a psychological impact on large organizations and investors that will start to maintain their money in crypto for as long as possible.  At least until they will change the new tax law to the white house parliament.

[Pamadar]

I will sell my BTC at the end of this April because in May I really need a lot of money so it's not wrong if I sell 50% of my wallet for my needs, if there is an opportunity by looking at the table you provided in May there will be a price graph going down then that is opportunity to buy altcoins first if there is no capital for buy btc again

I go with your idea, when you need the money there's nothing wrong to sell your asset.

It's more important to take care of your things and if given a chance to reinvest then using alt instead of going directly with bitcoin is also
good, you'll be able to buy more alt than buying portions of bitcoin, though everything still depends from how you understand and how you trust the project that you chose to divert your investment.

[NelfiNovita]

this year we see the growth of bitcoin which is very different from previous years, the price of bitcoin is more likely to go up and experience a slight decline. I saw information about bitcoin today that bitcoin will continue to rise in the next few months because investors started buying bitcoin with the recognition that Elon Musk did not sell bitcoin, in the last 2 days the price of bitcoin rose again by 9.1%.
I think don't sell your bitcoins and it's better to hold them in the long run to get bigger profits.

[amihada]

I can't read the chart, I know when the price of my coin is high then I sell it but if my coin is red I hold it and I wait until my coin is expensive again then I sell it.

[jasonjm]

Well, that is your choice to sell your coins in May. In my opinion it is beneficial to hold Bitcoin for long term as bullish trends are still strong and price might go past $70k in coming month. ROI in crypto is higher than any other form of investment.

[Anonylz]

Of course you are free to do it but always remember that Bitcoin is long term, so don't come here later and cry when BTC will reach new heights.

I'd never sell all BTC that would be an insane move. I'd probably sell 20% at a certain time but still have no idea when this will happen.

Couldn't agree more, everyone is just anxious about what could happen in May and post May, what about if this time things play out differently, no repetition of history and there was no huge market dip as almost everyone is anticipating! Those who sell will probably struggling to buy back at higher price,

I think selling few percent makes more sense than selling it all and buy back higher if things don't go as expected,  am not sure what am going to do yet, I guess when the time comes I'll figure it out.

[giantrobot]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

May is the time of summer vacation! I need money to travel with my family after hard working days. I hope Bitcoin will get high in May and I will sell your Bitcoin half to get money spending. Really economy I was still difficult. But I still retain Bitcoin and continue to invest when you have a chance.

[Kelvinid]

I sell but not to Go Away, instead I'm preparing my bag to fill-in when bearish has to come.

However, it was your choice either. Selling it was an option, if that could give us the profit, why not? Because for me, Holding isn't a wisest thing to do during the peak season. Of course, I do sell some of my Bitcoin to secure my funds and sooner I'll be buying again depending on the market status.

[hazenyc]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I am not a friend of history repeats all the time. Everyone thought some must sell in order to pay their taxes, but as we can see this bull run is so strong that nobody can anticipate how precisely your graphic applies. Selling it all and walking away would make me nervous.

[cheezcarls]

It depends on your instincts. If you are a true believer of Bitcoin, of course you can hold it long term. However, if you are just after some short term profits and buy back when it gets lower, that’s okay as well. No advice here is perfect, because anything could happen and the market is so unpredictable. The final decision will be on your own instincts, and always acknowledge the risks.

[mbe48]

I have confirmed, I will keep assets for the long term. To restore the state of my assets that I had sold when BTC reached ATH. The thing I will do while waiting is to increase my BTC assets by buying them when they are cheap. Remember the BTC price history that has occurred, the price down is a correction.

[tbterryboy]

From the image you have posted we can see that May isn’t really a bad month when it comes to bitcoin or should I say bitcoin?. But if I am going to be selling I don’t think it’s going to be all my bitcoin assets that I am going to sell, I might leave some of them, but it all depends on the situation I see the market at that time, that’s what is going to help me decide the next step to take.

As for the options of selling my altcoins to buy bitcoin, nah, I am not going to do that. This is starting to seem to me like it’s the time for altcoins, because my alts has been increasing in value a lot lately, while my bitcoin is kind of at the same point or sometimes there will be little decrease in value when the price moves to below $50k.

[Dewi Aries]

I pick for don't care because i don't have much coin, even less than 0.005BTC , can't buy more maybe only hold it until know what price it will be. About sell in May, i think i will follow the stream because i can't analyze anything and just let it flow. But no matter what happen next, i will hold my coins.

[Alisha-k]

From the stat Bitcoin drops basically during March and September but for 2021 Bitcoin was bullish although March and the early weeks of April. We will still keep our fingers crossed anticipating for what the trend would be for the rest of the year

[hazenyc]

From the image you have posted we can see that May isn’t really a bad month when it comes to bitcoin or should I say bitcoin?. But if I am going to be selling I don’t think it’s going to be all my bitcoin assets that I am going to sell, I might leave some of them, but it all depends on the situation I see the market at that time, that’s what is going to help me decide the next step to take.

As for the options of selling my altcoins to buy bitcoin, nah, I am not going to do that. This is starting to seem to me like it’s the time for altcoins, because my alts has been increasing in value a lot lately, while my bitcoin is kind of at the same point or sometimes there will be little decrease in value when the price moves to below $50k.

Right May isn't a bad month, but moving forward from end of May on the outlook becomes worse with every months passing by. That is why it was said sell in May (end*) and go away. As I said before, I wouldn't simply follow a graphical pattern, but rather listen to what is going on and whether the hype continues, what kind of developments are about to be finished and so on.

[Silberman]

If we believe about history repeats itself and think about this year will be the same as last 2018, it gonna be alarming seeing that the market is red as it enters the 3rd quarter.

Maybe, we couldn't ignore these things but I keep myself believing that 2021 is far different from the previous years. Dumps and market corrections are inevitable that we need to be prepared for but not a thing we have to worry about. But in some other way also, selling could be possible (for me) if it is necessary.

I think we may see a repetition on how long this cycle will last but I do not think we are going to see a repetition of the crash that we saw back then, we must recognize that people got too excited with icos back then and people thought that this market could take over the world very easily and we learned a very hard lesson, things are different now, we have the support from institutional investors and we also have matured and now we know it is going to take a long time for bitcoin to reach its goals so I do not expect a crash as big at the end of the year.

[Luqman]

What I will do with my Bitcoin in the next month, depends on the situation of the Bitcoin market. If Bitcoin price can go up about $65K -$70K, I will sell half of my Bitcoin. But if the price still below $65K or even below $60K, I won't sell my Bitcoin and continue holding. I will focus to trade on altcoins because altcoins are growing quickly lately.

[Hippocrypto]

What I will do with my Bitcoin in the next month, depends on the situation of the Bitcoin market. If Bitcoin price can go up about $65K -$70K, I will sell half of my Bitcoin. But if the price still below $65K or even below $60K, I won't sell my Bitcoin and continue holding. I will focus to trade on altcoins because altcoins are growing quickly lately.

The next target is at $70k as most people said on different discussions, but it has doubts with others who've been losing trust after all good performance of btc. Same with your principles, I am keeping my bitcoins safer if I would have enough holdings. Altcoins, maybe selling those non productive asset could be my last options in May, because unpredictable situations always tend to change from time to time and it's beyond our control.

[tanjiran]

Basically, I am not a holder, so I make the decision to buy or sell at any time, depending on market conditions. Moreover, the market is very conducive at this time, I prefer not to profit slightly but sustainably.
yes, everyone's principles must be different, they cannot be enforced because it depends on the comfort and ability of each of them in risk management.

[Ausgewielt]

Actually I sold all of my BTC few weeks ago although I didn't get maximum profit from this bullish market trend but I feel so thankful. If the price fall in may then I will buy more bitcoin. This time it is very hard for me to make decisions in trading, so many unpredictable sentiments that came. I still analyze the price chart.

[Shasha80]

Actually I sold all of my BTC few weeks ago although I didn't get maximum profit from this bullish market trend but I feel so thankful. If the price fall in may then I will buy more bitcoin. This time it is very hard for me to make decisions in trading, so many unpredictable sentiments that came. I still analyze the price chart.

Your decision to sell your Bitcoin is not a bad thing, because you can buy back Bitcoin if it is true after May the price of Bitcoin goes down.
Although it is actually more profitable if you don't sell your Bitcoin and buy more Bitcoin when the price drops. That way when the Bitcoin
price rises at the end of the year and manages to reach the price of $ 100k, the profit you make is much bigger. But you already sold your
Bitcoin a few weeks ago, so it's too late if you really want to follow my advice. Now all you have to do is hope the Bitcoin price drops after May,
so you can buy Bitcoin again at a low price.

[Kong Hey Pakboy]

Actually I sold all of my BTC few weeks ago although I didn't get maximum profit from this bullish market trend but I feel so thankful. If the price fall in may then I will buy more bitcoin. This time it is very hard for me to make decisions in trading, so many unpredictable sentiments that came. I still analyze the price chart.

You did profit out of it, that's what matters albeit not the maximum profit. Next time, you have to leave some bitcoin so you won't be zeroed out when the prices continues to go up. Remember that FOMO is a real thing.

[rodskee]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I'm buying more when this comes because i have enough profit since last year so practically i am in the HODL period now and if May-oct will be the Burden months for Weak investors >? then this is our lucky days as Holders.
We will take advantage of the panicking from others , they sell the price drops and we buy thats the cycle.

[NeverSop]

May is the time of summer vacation! I need money to travel with my family after hard working days. I hope Bitcoin will get high in May and I will sell your Bitcoin half to get money spending. Really economy I was still difficult. But I still retain Bitcoin and continue to invest when you have a chance.

You already have a chance to sell at this point.  The market has risen sharply today.  It is the decision DYOR belongs to you.  But I think that the market will continue to grow and maintain a steady value balance in the long term.  Selling at this point, even without a new ATH, would be a waste.

Vote: Buy & Hold

[ice18]

I dont have any plans to buy more btc because Im into alts but what I suggest to holders who bought last year then its a good time to take 50% profit and hodl the remaining we never know how this market movements in the next few months it can pump more and it can follow the previous chart like posted in the OP. 

[MinoRaiola]

Selling at this point, even without a new ATH, would be a waste.
Vote: Buy & Hold

The signs look positive and the community is getting stronger day by day. The drops of the last time are simply put away and the run continues. Many expect big things this year and i believe in it too. As I said, pay attention to the signs / acceptance of people and institutions. The ATH is sure to come, the only question is when.

[Obito]

I dont have any plans to buy more btc because Im into alts but what I suggest to holders who bought last year then its a good time to take 50% profit and hodl the remaining we never know how this market movements in the next few months it can pump more and it can follow the previous chart like posted in the OP. 

Good for you to move to alts, you probably have a good amount of funds to have your focus redirected on alts instead of bitcoin. I don't advice going for a 50% of their bitcoin being sold because it is a lot and a pump might happen and that person who sold his/her 50% might miss out on bigger profits.

[jesselui]

People want money towards summer. In my opinion, they invest more in winter. Therefore, a decrease is expected as the summer months approach. It may be a logical comment, but it is not always what it is thought to be.

[sapnu]

Most of the time, it still depends on the investors on what they will do. They wouldn't mind listening to others perception on what's best to do. They observe themselves and rely on it depending on what kind of pattern is currently occuring in the market. Even though May has been rumored to be an unfortunate month for the market, it wouldn't be wise to stick to that culture because things changes over time. The bull run before is way more different to the bull run we are experiencing right now and the price change in the market is much more flexible and complex right now.

[Coin_trader]

People want money towards summer. In my opinion, they invest more in winter. Therefore, a decrease is expected as the summer months approach. It may be a logical comment, but it is not always what it is thought to be.

It's different on crypto. Once bull run start at any point of the year. It will continue the cycle until it become overbought or no fresh money entering. The normal economic calendar is not applicable in crypto. Sometimes it work but most of the time it didn't since crypto market can be manipulated by a news.

[Bilgent]

All I see in that chart is that the situation is not the same for every month. In some of them, things seem really bad but it is the opposite in the months left. So I think that it could be really just a coincidence.

[Zanab247]

Since the price of bitcoin is no longer stable as before, it is better to buy more of BTC and hold for the future. The way i understood this season we are now, is to buy BTC and hold because before next 3 months Bitcoin will surely hit $60k again. This is the time to study the market price very well before you take your final decision to sell your coins or not to sell than to hold for the market to look good in the future.
If you have the money, is good to buy more BTC and hold great reward.

[bitterguy28]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

No plan of running away and even no plans of selling , this is the risk  choose so this is the risk i will survive.

All my coins are now ready for LONG HOLDING , this is my decision and i know there are many of them that will follow and sustain.

[Peanutswar]

I saw this chart already and I've tried to check the previous months it's happening and base on my experience too but from the previous year March is one of the most read trends in the bitcoin so this year I expect to fall down but right now we are on the mark of another attempt of the Bitcoin.

We are talking about the strong hands here so only the one who survives the market downtrend are the ones who can get a huge amount of profit.

We all already holding a lot of times so why run away because of this bearish market.

[Kez1817]

As I saw the chart, it seems every months has a different situation. So, I think the month of May- Oct of this year 2021 will still profitable and in a green color which is good to sell if you want or just keep it and hold to wait for another ATH. If you sell don't go away, instead wait the dump and buy again more bitcoins and altcoins. Investing in crypto is to risky but profitable.

[Streets 2.0]

I believe in long term investment and don't think it's worth looking at the price every day. If you have once decided something and have chosen a strategy of preservation, then just stick to it, regardless of what is happening in the markets. If you react every time to a fall or rise, you will hardly be able to sleep peacefully and really earn a lot. Although I may be wrong, everyone decides for himself.

[janggernaut]

Well just seeing the poll result and most of voters goes for keep buy more and HOLD. Question for those who voted that, how long you can HOLD your coin? 1 year? 2 year? 5 year? Forever? When it hit $100k? 200k? $1million? Most of you can say i would HOLD my bitcoin when it reach $100k, but you know what? Your emotion isn't goes like you want, when bitcoin hit $70k, $80k, or $90k, you could sell all of your coin because you are afraid what If bitcoin collapse again. That's the fact


Keep HOLD, but until when?

[Trieteric]

This doesn't apply!
Are just speculations made by someone bored. What it is based on, first of all?!?!?!?!?
Real data are on the market.
Anyway, good luck with that

[hazenyc]

Most of the time, it still depends on the investors on what they will do. They wouldn't mind listening to others perception on what's best to do. They observe themselves and rely on it depending on what kind of pattern is currently occuring in the market. Even though May has been rumored to be an unfortunate month for the market, it wouldn't be wise to stick to that culture because things changes over time. The bull run before is way more different to the bull run we are experiencing right now and the price change in the market is much more flexible and complex right now.

Investors, news, political developments. There might be events we don't know about yet, there certainly are events we have no idea about. It's not like checking out a mini map and make your decisions.

[JohnBitCo]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.

[hazenyc]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.

These patterns also cannot take into account whether there is a new development on the horizon or not. Or any other eventualities. It is nice to look at the chart and maybe a little piece of information in overall considerations, but certainly not the criteria that determines my investment decisions.

[mmhaimhai]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.

These patterns also cannot take into account whether there is a new development on the horizon or not. Or any other eventualities. It is nice to look at the chart and maybe a little piece of information in overall considerations, but certainly not the criteria that determines my investment decisions.

I agree! In companies where it is fiat money that is involve, it is already hard to be 100% or just be 80% accurate as there might be some some unexpected event that could occur...what more in a market that is so volatile?..Next month there could be a successful trolling that can make bitcoin fall or there could be just single tweet about a huge company interested in acquiring btc as their asset and price surge will happen. It is just actually a battle of faith in btc future...but then I am still believing in btc good future in long term.

[sarmrakib]

If you are scared of price reduction, why dont you want to wait the storm in stablecoins?

About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.

Now the April month is going to end. So we can't expect some raise in the price the bitcoin.If you had a doubt have a check of bitcoin price today.Now the price of bitcoin crossed the 53k after a huge struggle. It was stable at 50k over a period.Now the same was change over to the next pump.Kindly hold further to get a decent profit from your holding bitcoin.

Its look like btc is stable at the level of 50k$ .As my vote is to sell my 50% btc to make it cash or wanna buy some good altcoin .I think it will be a great decision for me to do this .I think btc will go so high but in not recent time its the chance for alt now .That's why i am buying alt .

[imstillthebest]

what if i say buy in may and go away is that more appealing isnt it ? and this advice that i say is more common than the other .
 go way dont means never come back because that is donating your money but we must have scheduled dates on when we come back .
we can follow on what is posted ,
we can buy and leave in may and then came back on october and november because this is the period crypto starts to pump .

[suryogandul]

In May when the bitcoin price has increased significantly I will try to sell 50% of my assets and enjoy the profit I get. but I will continue to wait until the price of bitcoin undergoes the next correction so that I can take advantage of buying bitcoin at a low price

[hazenyc]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.

These patterns also cannot take into account whether there is a new development on the horizon or not. Or any other eventualities. It is nice to look at the chart and maybe a little piece of information in overall considerations, but certainly not the criteria that determines my investment decisions.

I agree! In companies where it is fiat money that is involve, it is already hard to be 100% or just be 80% accurate as there might be some some unexpected event that could occur...what more in a market that is so volatile?..Next month there could be a successful trolling that can make bitcoin fall or there could be just single tweet about a huge company interested in acquiring btc as their asset and price surge will happen. It is just actually a battle of faith in btc future...but then I am still believing in btc good future in long term.

Talking about single vets with a lot of influence I don't believe it comes with great effects when a company announces it accepts a cryptocurrency. More so when it comes to new laws or regulations that severely could limit utility of cryptos and also put people at risk on the individual level if they possess or use cryptos.

[kryptqnick]

I haven't heard of this thing before, but I guess it can be true that summer isn't great for investments because people switch to vacations and relaxing, so resources are pulled out of many areas during this time. Looking at the picture regarding Bitcoin, though, it doesn't seem obvious that summer is worse than winter. There've been 5 years of January being pretty bad and 4 years of November, whereas June was actually fine most of the years and July being bad during 4 years (so the same as the allegedly good month of November). March, August and September seem to be the worst, so not pulling out at the end of February but doing it in May doesn't make much sense based on the data about Bitcoin.
Anyway, I'm not going to participate in these things because I don't care about short-term price changes. I sell when I need to and hodl when I can, and "sell in May and go away" thing ain't changing that.

[willoweb]

I don't really understand those who are trying to make quick profits from such a market. I think about the prospect and of course if the market falls, it is better to buy and wait for its growth than to sell something in a falling market. In general, I do not see any signs of such a fall, large players entered the market at a bitcoin price level above 50 thousand dollars. If they go lower, this means fixing losses, and this is not correct from the point of view of long-term investments. Therefore, I am calm and just watching the development of events.

[amihada]

I thought buy bitcoin and wait. I don't think it's time yet, but changing altcoins to btc and holding btc is more appropriate, bitcoins are very expensive and there is a possibility that bitcoin prices will go up but if altcoins are not right to be stored in the long term. so to save in the long term it is more appropriate to choose BTC.

[Weawant]

I just found this when i tried to search more info about bitcoin earlier this day,

https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).

I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)



From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

I put my vote on the poll in "don't care" because it is too reasonable. I don't think you had to decide now but do what your logical thinking tells you. And it will always work.

Let's just say that you didn't sell your assets this month and then the decreases came, you only had to keep those bitcoins and in the next first-second quarter next year and you will still recover and possibly gain more.

If you really needed finance now, then sell the half, or move to Bitcoin. You don't really need to care as you have it all now. I really don't think that the poll helped you as I can tell you've been very good at handling your assets. You'll never get where you are right now if you don't.


My opinion is based on the data you have here. It is simple. If its not the time this year, try it again next year. Principle will still be the same though.

[Oilacris]

From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

BUY BTC AND HODL MORE!

Seeing that table with specific percentage in year to year basis arent bad to look at but doesnt mean that those things will be accurate nor precise for you to rely on when making your future or current decisions.

Its your call though if you do really believe into those things and it isnt bad to sell out half and secure it out but for me then any month would really be the best time to buy and hodl.

Majority will be minding off about short term profits and seeing these tallies will surely be boggling their minds now. 

[hazenyc]

From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?

Vote the poll & give your reason.

Note : You can't edit your poll once it submitted

BUY BTC AND HODL MORE!

Seeing that table with specific percentage in year to year basis arent bad to look at but doesnt mean that those things will be accurate nor precise for you to rely on when making your future or current decisions.

Its your call though if you do really believe into those things and it isnt bad to sell out half and secure it out but for me then any month would really be the best time to buy and hodl.

Majority will be minding off about short term profits and seeing these tallies will surely be boggling their minds now. 

Yep there is no way I would look at that chart and make my decision based on it. There are so many other variables that influence the development of Bitcoin that a graph like that can't accurately reflect.

[boyptc]

I thought buy bitcoin and wait. I don't think it's time yet, but changing altcoins to btc and holding btc is more appropriate, bitcoins are very expensive and there is a possibility that bitcoin prices will go up but if altcoins are not right to be stored in the long term. so to save in the long term it is more appropriate to choose BTC.

It's time to buy.

Let's get off with the idea that bitcoin is expensive. 1 btc = 1 btc. That will remain and won't change because there's also the same thought before.

When bitcoin was $1, I think there were some that said it to be expensive and the same goes when it has reached $100, $1k, $10k, $20k and so on.

[UserU]

I should have listened to you and sold it in early May. But it's too late.

Just hodl. Before you know it, the prices would recover once people start buying in again.

After all, what goes down must go up at some point.

[ILuckyGuyI]

As a HODLer, I don't think of selling any of my BTC right now. I'll wait for the market to recover and to continue rising again. But for the short-term investors, it must be annoying to see the price coming down.

[iTradeChips]

Vote the poll & give your reason.

You don't have the option "neither/other", so I didn't vote.
Since I'm not one of those that sell today and buy back tomorrow, I may sell, depending on the price and my needs, some sats here and there, but I'll mostly wait until 100k EUR/BTC.
I think that a HODL without sell and also without buy is closest to what I'll do, but that option also doesn't exist.


All in all it looks more an attempt to influence some than an actual poll...

I actually voted to buy more BTC in the dip and then HODL. But I might say your assumption that the OP is trying to influence some people here based on his "survey" is quite convincing, as it is a tool in psychology. Like surveys in election time where it can shape public opinion. Yes, those words is what I am looking for which is shaping public opinion. Since the survey points to buying more BTC then I would say I might have helped accomplish a good goal for everybody to ponder upon. Yes, don't follow the surveys, think and think twice.

[janggernaut]

If you have sold your coins when i made this thread. You should be have around 2x from your investment right now, but it seems most of people don't believe it and now your investment dropped almost 50%. What will you do right now? Buy more bitcoin as result of my polling, or just looking and regret you didn't sell it earlier?

[Renampun]

If you have sold your coins when i made this thread. You should be have around 2x from your investment right now, but it seems most of people don't believe it and now your investment dropped almost 50%. What will you do right now? Buy more bitcoin as result of my polling, or just looking and regret you didn't sell it earlier?

hold or buy more BTC is the best way I think in this bear market...

but I appreciate the thread you created, your prediction is correct that the Bitcoin market will decline after May and will likely continue to last until October. definitely at the end of the year, the price will go up again.

[barabarian1]

if thats true, and bitcoin price will up and down on that time, it get better if you make point  every month. you get profit better than just in one year. too simple, to judge or rate, but it can be some sign for people to alert themselves, if they want to sell their coin

[CoolerSid]

good strategy for long

[clint25n]

don't be too hasty in making a decision, even though it's experiencing a rapid decline,Of course we have to be a little patient in investing What's more, in these few days the article price has started to improve, although it hasn't recovered 100%. But if you are still insistent on selling then wait for the appropriate price, so that we are not too low in selling it.