When will you sell...next bull run?

[STT]

Paper money is fungible by order of massive governments, that point would be hard to beat even in the deserts of Africa or similar they usually would be willing to handle plain cash rather then more awkward methods of exchange.   I did see the point made that some keep their wealth mostly in commodities like someone with acres of banana plantations privately raised may have little cash but should not be considered poor while able to market that resource.  Both stores of value have advantage much like BTC will do in its own dynamic, the Dollar in theory is supposed to be more stable then others but we know its lost so much of its value.

The BTC price recently is keeping much of its June gains, its still got 62% of its gain so long as pricing stays above the recent lows of about 28.9k.   So no bull just holding steady.

[carlisle1]

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

You need to set that target and focus with how you understand the business, buy as much as you can and hold while waiting for
the strong bull run to come up and pump the market.

You will earn the compensation that you desire to have if you will manage to keep your trust with the asset/s that you are holding.

Your aim amount depends on how you project your set target and once you already achieved better to sell it with an open arm benefit.

[HONDACD125]

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

 You are right that everyone has their own strategy and everyone sets their own selling target. Many people like you have a target of $100k where they want to sell. I also think that when Bitcoin price exceeds $70k, many people will sell their assets. Those who bought low will definitely try to exit the market around $70k, but there are people who bought over $50k and will definitely wait for a move up. However, I think everyone who bought at the price will judge their price profit and try to exit the market. Not everyone is necessarily planning to sell Bitcoin after it reaches $100k.

[coolcoinz]

But we cant really deny that there would be those people who would really be altering out their emotions and decisions which would lead into selling their stash, its not bad to sell a portion of it but there would be those people who would really be selling on all-in specially if it do able to hit up that particular target or goal price that they've been longing for it to hit. So it would really vary but on the things you've said then i do definitely see the same and would really be holding Bitcoin no matter what, there might be some exemptions or cases on slicing up those coins to be converted but not really totally selling it all.

Its true that it did really give out that kind of confidence and independence in speaking about your own money which its never been ideal nor worth to be in fiat form. Somewhat there would be always those people
who do like to play safe or something that would be minding about the risks. Well yeah, it is always been that present and you cant blame out other people on why they had made out such decision
because of those inputs or insights that they do have.

Are we really going to rely on possible actions of unknown random individuals? There will always be people willing to sell, but my idea of life is going against the current, not with it. For this reason when we were really deep in a bear market I was buying. Because of that when people tell me to sell, because I should take profits, I will not. I don't need to "take profits" my way of life is to live with bitcoin, not use it as a tool to get more fiat and be happy that I somehow cheated the system. I bet that people who were selling at $100 were in this mindset, thinking they're gods of trading because they made 100x.

Is playing it safe actually getting fiat, or maybe holding bitcoin and avoiding fiat money is? Think about it.

[beerlover]

Currently there are various things that are happening in the crypto market, starting from the predictions & speculations that we see right now, maybe it will continue until the meeting point, so many people say that's what I said at that time, you really do it and get profit in the bitcoins you have.

I agree that we should not rush into selling our bitcoin, that doesn't really make any sense at all. We should be a bit more careful about it as much as we possibly can, and that way we are going to end up with a better result. I get that people are not entirely careful about what they do, and we need to be patient and just keep holding as long as we possibly can.

This will allow us to be a lot better when the time comes and the result will be much better as well. It's definitely not an easy thing to do, we need to be careful about it a lot, but that's just something we need to be considering as an option and not really a big deal. Of course you can sell when you think it's peaked enough, but not anytime soon at all.

[fzkto]

I think it is a mistake to say that holding fiat is useless. The market has cycles, and even if you don't sell at the very top, you will still have the opportunity to buy more bitcoins in a few years. If you never sell bitcoin, it means not taking advantage of opportunities. Sometimes the risk does the favour.

Fiat becomes useless to those who live deep in the jungle without having access to spend anything with it. Fiat is of course useful both as a means of payment and as a store of value asset, but everyone can choose which one is best based on their own plans and risk tolerance.

Besides, not everyone will choose bitcoin, which in fact has a different volatility and level of risk compared to other investment assets. Ultimately it all depends on who you are, what your plans are, what your risk tolerance is and so on. Bitcoin was not created to kill fiat, but bitcoin is an alternative solution if you have difficulty making financial transactions via banks and other centralized services.

I think usdt is better suited as a means of payment than bitcoin right now. Almost the whole world depends on dollar and stablecoins are very convenient to use. Unlike bitcoin it has no volatility. The world of cryptocurrencies has changed a lot in the last 10 years. Fiat will probably eventually disappear altogether and cbdc will appear.

[jaberwock]

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

You need to set that target and focus with how you understand the business, buy as much as you can and hold while waiting for
the strong bull run to come up and pump the market.

You will earn the compensation that you desire to have if you will manage to keep your trust with the asset/s that you are holding.

Your aim amount depends on how you project your set target and once you already achieved better to sell it with an open arm benefit.

Depends on the asset we are talking about. I mean if we are talking about a situation where you are holding something terrible, I am not going to give any examples of what is a terrible coin (ehem..doge..ehem) then you are going to regret that you are holding it.

It means that you are going to hold something that loses you money, or even if it goes up, it doesn't go up as much as other stuff did, or something that goes down more than others went down. Look at XRP for example, it did went up a lot, but it has gone down more than everything else, so when it went up, it didn't mean anything. So all in all, if you are holding bitcoin then yeah holding is great, but if you are holding something risky, it may not be great.

[Captain Corporate]

Looking at how its moving right now, it doesn't matter when you sell but more about when you buy. People who end up buying at this price will surely do a lot better and I am guessing that we could see them do a lot better on the long run as well. The price is at the bottom right now and I do not think that it will go down anymore, I am not talking about guaranteed terms like "it will not go down anymore" because I do not want to hurt anyones portfolio, but I believe that it will not go down personally. This means that if you buy right now, and hold long enough, you will make profit. When you sell will only change the profit amount, but you will profit little or a lot, the profit will be there.

[bitgolden]

Fiat becomes useless to those who live deep in the jungle without having access to spend anything with it. Fiat is of course useful both as a means of payment and as a store of value asset, but everyone can choose which one is best based on their own plans and risk tolerance.

Besides, not everyone will choose bitcoin, which in fact has a different volatility and level of risk compared to other investment assets. Ultimately it all depends on who you are, what your plans are, what your risk tolerance is and so on. Bitcoin was not created to kill fiat, but bitcoin is an alternative solution if you have difficulty making financial transactions via banks and other centralized services.

I think usdt is better suited as a means of payment than bitcoin right now. Almost the whole world depends on dollar and stablecoins are very convenient to use. Unlike bitcoin it has no volatility. The world of cryptocurrencies has changed a lot in the last 10 years. Fiat will probably eventually disappear altogether and cbdc will appear.

That is true, if you are talking about just paying someone then I agree that stablecoins are much better to move money around. However, stablecoins are stable, that's where the name comes from, their price doesn't change and one USDT will always be equal to one USD, well at least it is trying to be. That means that when you are using bitcoin, you are using something that could gain value and make you profit.

This is why most people are investing into bitcoin and not USDT, because having USDT doesn't mean anything at all. I think it should be important to focus on what you could do, and we should probably end up with a result that would be harder on the long run. I know that it will take some time, but as long as you can do it, it will work.

[carlisle1]

when discussing targets and strategies, then everyone will have their own strategy. maybe right now someone is targeting $40k, $50k, or even higher. Personally, I want the Bitcoin price to reach $100k by the next bull run. However, given the current state of things, maybe $60k or $70k is good enough. If you want to sell a few percent of the assets you own, you might be able to aim to sell them after the halving. Well, but all the decisions are up to you.

You need to set that target and focus with how you understand the business, buy as much as you can and hold while waiting for
the strong bull run to come up and pump the market.

You will earn the compensation that you desire to have if you will manage to keep your trust with the asset/s that you are holding.

Your aim amount depends on how you project your set target and once you already achieved better to sell it with an open arm benefit.

Depends on the asset we are talking about. I mean if we are talking about a situation where you are holding something terrible, I am not going to give any examples of what is a terrible coin (ehem..doge..ehem) then you are going to regret that you are holding it.

It means that you are going to hold something that loses you money, or even if it goes up, it doesn't go up as much as other stuff did, or something that goes down more than others went down. Look at XRP for example, it did went up a lot, but it has gone down more than everything else, so when it went up, it didn't mean anything. So all in all, if you are holding bitcoin then yeah holding is great, but if you are holding something risky, it may not be great.

Exactly, it's your good analysis that will give you the outcome that you wanted to happen with your investment,
without good knowledge about the business,

Your chance of losing your money is possible. You need to work with your knowledge to make sure that you will going to have
that good potential benefits.

Keep in mind that the value of the asset depends on how well the development holding is good for those solid
project that may bring a good pump in the long run.

[Stedsm]

I have a strategy that's similar to DCA but is far better than it:

I'd buy BTC at $40k (let's say current price of BTC is $40k only) My target selling zone would be around $50k or so

Now, if the price dips down to $30k, I'd buy 1.5x previously bought BTC there and my target selling zone would be around $60k

Later, if it keeps dipping and hits $15-20k, I'd buy 3x previously bought BTC at these levels and my target selling zone would be around $70k-$100k

We all know BTC for its parabolic bull runs and we know how long the gaps are in terms of seeing BTC at such mentioned levels (when bearish), so we can definitely have a capital or even gain more and keep it ready for the assigned task to ourself and do it as said. And when we see the parabolic runs, we'll then sell it for as much higher as possible.

[Tony116]

I have a strategy that's similar to DCA but is far better than it:

I'd buy BTC at $40k (let's say current price of BTC is $40k only) My target selling zone would be around $50k or so

Now, if the price dips down to $30k, I'd buy 1.5x previously bought BTC there and my target selling zone would be around $60k

Later, if it keeps dipping and hits $15-20k, I'd buy 3x previously bought BTC at these levels and my target selling zone would be around $70k-$100k

We all know BTC for its parabolic bull runs and we know how long the gaps are in terms of seeing BTC at such mentioned levels (when bearish), so we can definitely have a capital or even gain more and keep it ready for the assigned task to ourself and do it as said. And when we see the parabolic runs, we'll then sell it for as much higher as possible.

It sounds easy to say, but is it easy to do? Like if you bought bitcoin for 30k a few days ago and bitcoin is now at 26k, how long do you need to wait for bitcoin to go up to 40k to sell, or will Bitcoin continue to fall back to 20k? What if you sell it for $40k but it doesn't drop and keeps going up to $60k?

I believe your idea anyone has thought of but not too many people succeed with that plan. Simply because no one can tell if bitcoin will go up or down after we buy or sell it. Although bitcoin moves in a parabolic pattern, we cannot predict when it will fall and when it will rise, so your strategy is really not viable.

[fullhdpixel]

Looking at how its moving right now, it doesn't matter when you sell but more about when you buy. People who end up buying at this price will surely do a lot better and I am guessing that we could see them do a lot better on the long run as well. The price is at the bottom right now and I do not think that it will go down anymore, I am not talking about guaranteed terms like "it will not go down anymore" because I do not want to hurt anyones portfolio, but I believe that it will not go down personally. This means that if you buy right now, and hold long enough, you will make profit. When you sell will only change the profit amount, but you will profit little or a lot, the profit will be there.

You can never tell if it's the bottom or there is still more to come. The price of Bitcoin dropped significantly all of a sudden, and is still declining, so those who thought that was it and it won't go any further and bought with everything they had will now start regretting their decision since the market is going to decline further, so the best thing to follow in such market conditions is doing DCA so that you can save up some money and buy with some right now.

When you are doing DCA, you won't need to worry if the market has reached the bottom or not because you will keep buying after every dip until it reaches the bottom and starts going up from there, and when it starts recovering, you will see your portfolio starting to grow right from the bottom.

[Stedsm]

--snip--

--snip--

Lol
1, I'm not asking anybody to follow that.
2, I've also not asked anybody to stick to your trades as if you'll wait till n light years have passed and then you buy/sell. The thing I've said is, if your trades are in profits, it's good because then you really don't need to do anything but to let your trade run and once it's above some point, move your SL to your entry point +/- 0.5-1% profit so that you don't miss out on your entire profit if your trade backfires. Same applies to the 2nd one too. And about predicting it, well you need to learn the correlation between BTC/USD and US30 my friend, because BTC follows it badly and for that, you need to understand the mechanics of DXY (dollar index). A stronger dollar means weaker BTC (or put anything that gets traded against USD) in simple words.

[stomachgrowls]

Looking at how its moving right now, it doesn't matter when you sell but more about when you buy. People who end up buying at this price will surely do a lot better and I am guessing that we could see them do a lot better on the long run as well. The price is at the bottom right now and I do not think that it will go down anymore, I am not talking about guaranteed terms like "it will not go down anymore" because I do not want to hurt anyones portfolio, but I believe that it will not go down personally. This means that if you buy right now, and hold long enough, you will make profit. When you sell will only change the profit amount, but you will profit little or a lot, the profit will be there.

You can never tell if it's the bottom or there is still more to come. The price of Bitcoin dropped significantly all of a sudden, and is still declining, so those who thought that was it and it won't go any further and bought with everything they had will now start regretting their decision since the market is going to decline further, so the best thing to follow in such market conditions is doing DCA so that you can save up some money and buy with some right now.

When you are doing DCA, you won't need to worry if the market has reached the bottom or not because you will keep buying after every dip until it reaches the bottom and starts going up from there, and when it starts recovering, you will see your portfolio starting to grow right from the bottom.

There's no way on telling on whats the bottom price and this is why its always been that speculative on the first place on which we know that this market is really something that totally in random. There's no point that you

could really be able to see whether you would really be going for those buying or selling decisions which i have said that it would really vary with your own knowledge and skills towards trading. Selling out on bull run?
Not a bad decision because its always been that important that we should really know on when to sell or setting out those specific goals and targets so that we would be able to maximize out that possible profits and without that needing that long wait. It does vary since each trader does really have their own preference when it comes to profit-taking.

Selling decisions will be always on profit which no matter how small it is then profit is profit. Never ever consider yourself on having that selling on loss or negative because its never been worth on doing so.
We do have our own moonbags which is for keeps for several years to come but those arent an assurance but at least we are really that hoping for something on upcoming years.

[Onyeeze]

As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.

Everyone who purchased bitcoin they purchased bitcoin having the target of bitcoin rising so that they will make profit,nobody who b
Purchased bitcoin because it wants to lose,the reason we hold bitcoin is to wait until the time mature enough so that when we sell we make profit, this one of the things that make bitcoin price to be like this, most at times people doesn't rush to sell their bitcoin again,  they all wait until the price rise again. If you purchased bitcoin you most have time of target when you will sell so that you will make profit, the most the things that makes people to sell bitcoin is when they see that bitcoin price have increased and they will be a profit times  x2 of what we purchased

[jasonjm]

1. What price do you think that bitcoin will hit in the next ATH.

I think the price of BTC at the next ATH will be around $100,000 ± $10,000.

2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.

I am planning to sell most of my holding around the predicted price because, after a bull run, trends suggest a prolonged market correction, so I will reinvest when the price is down.

[YUriy1991]

1. What price do you think that bitcoin will hit in the next ATH.

I think the price of BTC at the next ATH will be around $100,000 ± $10,000.

2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.

I am planning to sell most of my holding around the predicted price because, after a bull run, trends suggest a prolonged market correction, so I will reinvest when the price is down.

Of course, this must be supported by high demand and the issue of negative sentiment regarding BTC starting to grow and the SEC starting to give the green light to digital currencies for sure. Yes, that's a good step, but if that's the case, your assumption is entirely your right. However, if it is more beautiful and there are more take profits, it can be held for some more time as long as it is not urgent. If the timing comes, it means it is time to sell and you have gotten your feet wet with Bitcoin.

[Texac]

I think the price of BTC at the next ATH will be around $100,000 ± $10,000.

That's a modest prediction because I believe bitcoin can reach higher than the $100k figure that many people are talking about. I personally believe that bitcoin can reach $200k or more and this will be the craziest bull run we have ever had.

I am planning to sell most of my holding around the predicted price because, after a bull run, trends suggest a prolonged market correction, so I will reinvest when the price is down.

Take profit is never wrong even if we don't sell at the highest price.  and that's a smart plan because the market will definitely drop after the bull run so I'll do the same thing.  i will sell all my portfolio during the bull season and wait for the bears to hit the market to start accumulating for the next bull season.

[rachael9385]

As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.

Everyone who purchased bitcoin they purchased bitcoin having the target of bitcoin rising so that they will make profit,nobody who b
Purchased bitcoin because it wants to lose,the reason we hold bitcoin is to wait until the time mature enough so that when we sell we make profit, this one of the things that make bitcoin price to be like this, most at times people doesn't rush to sell their bitcoin again,  they all wait until the price rise again. If you purchased bitcoin you most have time of target when you will sell so that you will make profit, the most the things that makes people to sell bitcoin is when they see that bitcoin price have increased and they will be a profit times  x2 of what we purchased

You both have similar points. Every Bitcoin investor is hoping for big profits. That's why we all, as investors, speculate about the price already. Like you said, no one will, nobody will invest because they want to lose. Yes, you are right, but let's also have in mind that profits are not guaranteed in investment (crypto as a whole), like previously, when Bitcoin was $30k dols, some of us were happy with that little turn up, but suddenly it dropped to where it is now. Although we still believe that Bitcoin will rise again in due season, (that's faith at work), so what I am trying to mean is that always having the mindset of making profits all the time without losing is a selfish idea. Although no one wants to lose, sometimes it is good to lose so that we can all learn some lessons from it.