When to sell bitcoin before the next bear market starts?

[Distinctin]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

I would always say that the best time to sell is when you sell for profits, most likely when bitcoin price hits its new ATH. Otherwise, you will only lost the essence of investing and profiting if you hold your coins forever, by not taking any chances to sell. However, if ask if the perfect price to sell can be predicted, of course it’s not going to happen knowing the market itself is highly volatile, one day the price surges high, the next day it’s price is suddenly dropping due to some factors that affect the condition of the market. So it’s better to take time to sell if you think you’ll gain some decent amount of profits.

[1714078704]

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[mv1986]

Never! Because bitcoin is money and you don't sell money, you use it. That's what you should do with bitcoin too. When price goes up, instead of trying to "dump" it to get your fiat and and then use the fiat you can instead use bitcoin to pay for stuff you need. The adoption has been growing and will continue grow so you will have a lot of options for when you want to spend your bitcoins.

Using Bitcoin for everyday purchases can be a pain the ass because of taxation. The regulations need to be adjusted and softened, but that would only happen if authorities really want Bitcoin to be further adopted.

Perfectly timing bear or bull markets is impossible. You can always have exogenous events that have nothing to do with cycles. When the pandemic started Bitcoin crashed from 10k to 5k and I am pretty sure that nobody would have guessed that exactly one year later Bitcoin was going to be at 55k. There are many things you can't predict. There might be political, financial, social events etc. that can have an impact on the price yet nobody can anticipate them.

A long-term approach to holding Bitcoin is the safest bet in my opinion. If you think that Bitcoin has potential and will go up in the long run, don't try to time the market and specifically catch bear or bull turnarounds. You won't be successful and if you are, keep in mind it was probably luck.

[posi]

Never! Because bitcoin is money and you don't sell money, you use it. That's what you should do with bitcoin too. When price goes up, instead of trying to "dump" it to get your fiat and and then use the fiat you can instead use bitcoin to pay for stuff you need. The adoption has been growing and will continue grow so you will have a lot of options for when you want to spend your bitcoins.

It depends on the country you live in, if you live in a country bitcoin is not legal and not considered as a payment method, then you will not be able to use bitcoin. Another thing is that even if you are in a place where you can use bitcoin to pay for your daily needs, they still rely on the value of fiat currency for payment.

As long as fiat remains the main currency of the world and remains the measure of value, we will never be able to comfortably use bitcoin for daily payments, the value of bitcoin will forever be measured in fiat.

[Lucius]

~snip~

Instead of trying to do something in which you will obviously fail, I would suggest that you set an exit price for yourself and that at the moment of reaching that price, you simply sell what you want to sell. No one will be able to predict with certainty what the maximum price of the next bull run will be, and everything will again come down to speculation and various plans and charts, which in most cases will not be accurate. If you wait, you will miss the train again and you will wait at least 4 years for a new opportunity.

Never! Because bitcoin is money and you don't sell money, you use it. That's what you should do with bitcoin too. When price goes up, instead of trying to "dump" it to get your fiat and and then use the fiat you can instead use bitcoin to pay for stuff you need. The adoption has been growing and will continue grow so you will have a lot of options for when you want to spend your bitcoins.

The problem is that most people don't see Bitcoin as a currency, and we can't blame them too much for that, considering that public opinion has been shaped to the point that people have simply taken it for granted. Let's just remember Mr. Mars and his statements about how BTC transactions have a harmful effect on the environment, or how Saylor accumulates BTC without showing that he is using it in a way that would be right.

I agree that there will be more and more ways to use Bitcoin as a currency, although for those who currently have nowhere to spend it, all that remains is to convert it to fiat.

[Henrobakkara]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

I want to believe just like you have gone through a couple of Bull market circles and you didn't sell because you didn't think you have to which was wholly your decision, I believe this too will be decided by you alone cos it is your investment. Investors should have a target as has been always clam, you know if your investment is for the long term or a short time and at what percentage of profit, this should all be your own decision, just imagine someone advice you to sell when BTCitcoin hits $100k which you did and it eventually went to $150k ATH 

[aylabadia05]

For me, the best time for people who want to sell a Bitcoin is when the profit is already earned by them. Maybe that's the good thing about us not knowing when the market will increase and when it's time for the market to decline.

You can see for yourself how the chart conditions this week since the 3rd Bitcoin price of $24K have continued to decline until now at a price of $22,703.27. Whether it will continue to decline or will turn into an increase we cannot answer yes or no. Maybe we will release some of it in 1 or 2 years.

[Blisszi]

You're acting like someone is only interesting in a hit track, bitcoin should not be a some form of quick earn money except that's your priorities but if you ask me there is not set time to sell, weather bull or bears all your need is right strategics, remembering some people gains more when is bearing while when is bulling, you can't actually predict what the future holds.

What if tomorrow Bitcoin rise to some limits and you sell after a while bitcoin a long term bulling to the amazement of the person you sold to, there is no proper time to than when is best for you individualistic.

Some people have lost their investment, profits all in the name of trying to outsmart the system, so let's watch from this 2023 to 2024 what will come of it but I believed it will definitely surpass our expectations.

[salad daging]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

People are free when bullruns enter the market because they already have their own targets to do so, but I wonder why you miss the after few bullruns and want to sell on the next bullrun? Every profit must be taken because it is one that bitcoin holders are looking for, on the other hand we are not predictors who know when a bullrun will come even though the halving will come in the following year, obviously you have to judge how high the bitcoin price will be later will sell it.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

Looking at the history of the previous cycle, it always happened, but we didn't know about the start of a bear market, and all of that can indeed be predicted with analytical techniques, it's just that sometimes nothing is always right, even though the experts do it.
If you want to sell bitcoin at a higher price, then wait for ATH to return again and make sure you are ready to sell with the bitcoin you have.

[goldkingcoiner]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

There is no way to predict that with accuracy. If you posted this topic in the trading discussion subforum, you might find better answers from people who did the technical analysis and can give you a picture with their own ideas.

But if you ask me, I think you will regret selling Bitcoin. Just like the people who sold Bitcoin in the past. They all regretted not waiting for the price to go higher and they never thought Bitcoin could go into the 5 figure area.

If you truly understand the potential of Bitcoin, you would hodl and sit tight.

[ethereumhunter]

If bitcoin goes into another bull run, that will be the best time to sell bitcoins because the price will surely reach a peak. You have to be able to find when the price peak occurred and only by analyzing the movement can you find it. But no one will know when the peak price will occur and we can only sell bitcoins at the price we want.

And as long as it's the highest price and has exceeded the last ATH price, it seems okay if you sell at that time. That's because you can already see how much your profit will be if you sell it at that time. And we'll never know if 2024 is the year bitcoin gets another bull run.

[Outhue]

All time high I believe? But there is no way to know when we are at the top ATH, it was like how many people are waiting for 100k bitcoin in the last bull market and they got rekt, my advice is, do not be greedy, take profits when Bitcoin is way over the top, I don't expect anything more than a 100k per Bitcoin in 2025 but I am sure that many will want 250k per bitcoin. Have a strategy in place, know when to take profit.

[el kaka22]

Well, you could always have a stop loss, that way you would be selling whenever it drops and you would get out before the bear hits a low. I do not support doing that right now, it just doesn't make any sense at all, but if you could do that then you should, it would give you a chance to avoid going low in your funds.

I personally will hold, I am a long term holder and that's what I like to do, but that doesn't mean that I would be going against people who uses stop loss. If you could do like 10% lower from your purchasing power, then you would be able to get out with just 10% loss and recover from there if you can, it is a sound strategy that many people use.

[Finestream]

No one knows what the best time would be. Because if we knew, we'd all be rich already. Obviously markets don't work that way; and if everyone had a price target of selling and the price target is close to each other, bitcoin would immediately crash from that pricepoint.

We always anticipate when is the best time to sell but actually, no can can predict when it’s going to happen or what price will we have to sell as bitcoin price just eventually drops when we are thinking the right time to sell. But if we really want to sell for profits, I guess it’s not that hard as long as we can place a sell order the moment the price just starting to surge high, but at least expect just a slight amount of profits.

[borovichok]

All time high I believe? But there is no way to know when we are at the top ATH, it was like how many people are waiting for 100k bitcoin in the last bull market and they got rekt, my advice is, do not be greedy, take profits when Bitcoin is way over the top, I don't expect anything more than a 100k per Bitcoin in 2025 but I am sure that many will want 250k per bitcoin. Have a strategy in place, know when to take profit.

Mapping out the good entries on bitcoin during the bear market involved good profits when the bull season finally comes. These two seasons don't last for too long, presently the dump period have been in duration over the past months and the market planning to retest back to bull season would be a little challenging for the project since there are red long candles everywhere on the chart. Currently, I'm in possession of some of pieces of bitcoin and waiting patiently for the bull season to come so I could make profits from it. Our ultimate goal in the space is to grow our portfolio into gigantic one and been stable in profitable results.

[Crypto Library]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

In the trading world, you will see two types of traders, one type of trader will always say to hold, and the other will always say  buy low and sell high. The main objective of both is to earn profit by buying low and selling high.
And now coming to the main point, no one can predict when the price of Bitcoin will touch its all-time high and when or if it should be sold.  So I think one should take such a strategy that you want to make a certain amount of profit at that particular time. So I would suggest you to set a certain amount and decide that you will sell your bitcoins in that strategy. And I say this because Bitcoin could surpass its last ath high at the next halving

[coolcoinz]

To answer quickly, I would like to say : sell when BTC hit new ATH  

This means that in 2021 you would've sold at 21k or something like that and in 2024 you're planning to sell at 70k. If that's your strategy, you can as well put a sell order right now and forget about it.

If I were you OP, I wouldn't try to catch the top. People who try to hard usually end up making mistakes and regretting it. Buy and focus on the long term. Don't watch the price, check it from time to time, maybe once or twice a week. You'll be healthier, more relaxed and when the pump comes you'll have months to decide if and when you're going to sell. A bull market is not going to end in a week.

[Russlenat]

As you mentioned, you've missed bull runs and bear markets before, and my question is do you realize you've missed them because the truth is the market isn't that easy to predict. So I would answer I don't know, and I don't know where the market is going next, and it could go up and it could go down and anything could happen because of some unknown factor.
and my advice is better hold your coin or bitcoin when there is a decline or and take advantage of this decline to accumulate and hold it, because if you believe the market or bitcoin will go back up even though you don't know for sure. There's nothing wrong with you taking advantage of this moment and when the price goes up you can sell it, and be patient so that you sell at the right time and are also very profitable.

I guess OP might be somewhat regretting nowadays because he keep on missing opportunities to sell and make profits way back then, that’s why he want a change this time hoping that he could perfectly sell for a huge profits. But the problem is it’s never predictable when is the best time to sell or what particular price we need to sell. As selling is an individual’s choice, so we have to analyze and think of it a hundred times if this is the right time to sell or we just need more DCAing and just decide to sell when we see a new ATH is achieved.

[bhooscream]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

It is quite difficult to determine which is the ATH before we are getting out of the bullish era. But for me personally, after getting into some bullish era, I will not expect to have or meet the highest price again. My target is to sell Bitcoin in some steps, but I will also set the price more than the previous ATH because I am sure that Bitcoin will always commonly rise up over the previous ATH. I am not really expecting to reach $100k as what people said so far, but I will expect to meet the higher price of the previous ATH, whatever the amount, but I will start to take profits, but not all in at once sell.

[stomachgrowls]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

There is no way to predict that with accuracy. If you posted this topic in the trading discussion subforum, you might find better answers from people who did the technical analysis and can give you a picture with their own ideas.

But if you ask me, I think you will regret selling Bitcoin. Just like the people who sold Bitcoin in the past. They all regretted not waiting for the price to go higher and they never thought Bitcoin could go into the 5 figure area.

If you truly understand the potential of Bitcoin, you would hodl and sit tight.

No one really knows because if there's one who would be able to know then lots of us would really be that rich already on which we could utilize and able to predict on when the bear starts.It would really be totally

not balance because if people do knows then all would be selling on that particular point which would really be ending up on a complete crash in overall market.There's no way for us to know on what are the things

that could happen on this market.This is why we do keep on speculating and guessing on what would really happen.There's no way to point out the perfect spot of a particular point of time.

[LogitechMouse]

Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?

There isn't an accurate answer for that because it depends on you.
You can sell it when it surpasses the $69,000 ATH. You can also sell whenever it reaches the target you once set. You can also do dollar cost averaging, but this time in selling like sell a portion when it reaches this price, and then sell again when it goes higher again.

i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.

Saw the 2017-2018 thing where 2017 was the year the crypto are in a bull run, and 2018 was a year of hell. Same thing with 2021-2022, I also didn't sell or took any profits (which is kind of what makes me disappointed because I can still buy in the bear market). I learned from it and will sell when the bull market starts.

So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.

If the 4-year cycle will happen again, we might see 2025 as the year where Bitcoin's price will rise up significantly until it goes to a bear market again in 2026.
2024 is the halving, but Bitcoin's price doesn't rise up immediately. It will take months before it happens.

As for your question "Can this be predicted", it can be predicted, but take note that there is a 50% chance that you're prediction might be true or not. I'm not a TA guy, but even those people who are expert in TA can't give you an answer for that because there is no specific time that is considered "good" when you are selling. It all depends to you if you're ok with it. Set some targets, don't ask here and follow that strategy of yours.