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Author Topic: When will you sell...next bull run?  (Read 1497 times)
Marvell1
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July 15, 2023, 11:06:42 AM
 #61

Everyone is saying they will sell next bull run and if we get a bull run and Bitcoin looks like it might break the ATH or even $100K many will basically get greedy and not sell a thing and it’ll reverse and head back down.

This happened back in 2017 when people said they would sell when it broke $20K, it came close but never broke it. Then when it hit $69K they wanted to sell at $100K because it was going so fast it looked like it was guaranteed and hence why it reversed.

Next bull run will be very similar.

You have a point there, people will become greedy when they see their wealth continuously increasing rapidly, and they will raise their goal higher than the original target. I also plan to sell my bitcoins when the price hits $100k in the upcoming bull cycle, but I also fear that by then, I won't be able to control my greed.

Honestly, I was one of those people who didn't sell their crypto assets during the 2017 bull season and paid dearly when the market reversed. It was an expensive lesson that I will never forget, but I still fear that when I face it again, I will not be able to win. Many people say it's simple, but it's not as simple as we think.

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July 15, 2023, 11:15:13 AM
 #62

1. What price do you think that bitcoin will hit in the next ATH.
While not completely accurate, I would expect bitcoin price to reach around $100k-$120k in the next bullish cycle which is the new ATH level. I see that the next bullish season will be the period many people are waiting for as the bitcoin price will set a new ATH record as many analysts have been predicting.

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July 15, 2023, 11:34:29 AM
 #63

~
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.
1. If you will compare the price of ATH in 2017, and the ATH in 2021, it's more than 3x the price. I know that this is just a small sample, and Bitcoin at the price of around $200,000 seems impossible, but my realistic prediction is Bitcoin's ATH will at least double it's previous ATH of $69,000, so more or less around $130,000. That's my next ATH in 2024-2025 (if the cycle continues of course).

2. I already have a strategy when it comes to selling, and I will just share it here. 20% of my total portfolio will be sold @ $70,000 then another 20% will be sold at around $85,000 and then maybe 30% will be sold at around $100,000. If it goes up even more, I will sell another 20% again, and the remaining 10% will be the ones that I will hold for the next bull run again. I really want to sell all of my Bitcoins, but I think holding some for the next bull run would be better, or if Bitcoin reaches that $130,000 price that I predicted then I might be selling the remaining 10% at that price range. Cheesy

We have different strategies when it comes to selling Bitcoin during the bull run. Some goes all in selling at a specific target, some do Dollar Cost Average in selling like what I shared. Some don't want to sell their Bitcoins because they want to hold it for a longer period of time. I guess what's important is the strategy works in your favor right. Smiley After all, we are investing to gain profit.

 
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July 15, 2023, 03:01:31 PM
 #64

We will have to wait a long time to see bitcoin pump at the present time the price is very low and the expectation of profit will decrease a lot during this period.

People don't only make profits during the bull season when the market price rises, there are many ways we can still use the dip period for our profitability if we are into short time trading, once we are not a long time holders we may be placed with this range of opportunities but if we are holding for a long investment term, we may consider the peak of the season as our target time to sell what we have hodl for some time.

as investors and traders believe that after the halving, strong demand will outstrip reduced supply and the price will rise.

It's not everyone that may endure holding till then because there are circumstances that can be a trigger for us to sell even before the Halving comes, the long term institutional holders are the ones that may have more opportunities for this targeted time because they have no limit to how they can hodl in terms of duration when they are targeting the halving.

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July 15, 2023, 05:24:49 PM
 #65

1. What price do you think that bitcoin will hit in the next ATH.
While not completely accurate, I would expect bitcoin price to reach around $100k-$120k in the next bullish cycle which is the new ATH level. I see that the next bullish season will be the period many people are waiting for as the bitcoin price will set a new ATH record as many analysts have been predicting.
When the market breaks the new ATH it will again create more greed among traders, as a result of which those traders will not sell at that top and book profits. So I think if you really want to sell your bitcoins in the next bull market, you should set a target in advance so that you don't regret it later. I have seen many traders who have lost rather than profited in bull markets simply because of indecisiveness.

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July 15, 2023, 09:09:20 PM
 #66

We will have to wait a long time to see bitcoin pump at the present time the price is very low and the expectation of profit will decrease a lot during this period. The market is currently volatile because they want to bring the market under control, which may cause two storms in the market, the downward trend in prices will continue for a few more days. If you want to see the bull run, you have to wait for the direction the market goes, then you can get good profit. Greedy sell-off folly bitcoin price tends to rise in the months leading up to the halving, as investors and traders believe that after the halving, strong demand will outstrip reduced supply and the price will rise.
Halving is really has a huge impact on the market price and as we notices before, prices rise up wildly after the said event as the reason why people had to accumulate when halving comes. We already have such an idea and we believe that every 4-year cycle we have come into a bull run and new ATH but the question of when it comes is impossible to know that is why some people upload their coins once see a huge pump without waiting for the ATH. It can be right or wrong but the decision taken is ours now.
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July 15, 2023, 10:27:18 PM
 #67

1. What price do you think that bitcoin will hit in the next ATH.
While not completely accurate, I would expect bitcoin price to reach around $100k-$120k in the next bullish cycle which is the new ATH level. I see that the next bullish season will be the period many people are waiting for as the bitcoin price will set a new ATH record as many analysts have been predicting.
When the market breaks the new ATH it will again create more greed among traders, as a result of which those traders will not sell at that top and book profits. So I think if you really want to sell your bitcoins in the next bull market, you should set a target in advance so that you don't regret it later. I have seen many traders who have lost rather than profited in bull markets simply because of indecisiveness.
People who had experienced the previous bull runs will know what happens when the price of bitcoin reaches the ath. It is really hard to analyse and understand specific price to be the ath for the season. As stated making a target and moving with that will let the user enjoy the profit. When price keeps increasing the greediness accompanies which is the base to make people miss opportunities. However my choice of selling is different, whenever there is need, unlike the price I prefer to sell and get fulfilled with what I receive.

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July 16, 2023, 06:03:17 AM
 #68

Next bull run of course we are really waiting, I can't wait to get a new car, and the opportunities that can occur maybe when approaching halving day or early 2024, if the price can touch at least $ 75k then I will sell about 50% of the bitcoins that I have , and of course still hope to sell at a higher price.
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July 16, 2023, 12:05:47 PM
 #69

Next bull run of course we are really waiting, I can't wait to get a new car, and the opportunities that can occur maybe when approaching halving day or early 2024, if the price can touch at least $ 75k then I will sell about 50% of the bitcoins that I have , and of course still hope to sell at a higher price.
Indeed, we are too hopeful for the upcoming years and the positive results after halving.
Last bull run we hit almost $70k and we think that we can reach for another ATH again next year. We can expect huge selling at that time I could think that bull season won't stay long because people are selling off their BTC. Selling 50% is a great idea but what if it never goes up after reaching $75k, would you sell it or keep on holding?

Anyways, we all have preferences because for me, whether it was not the ATH I would sell my holdings 100%. The most important is I earn a profit already.

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July 16, 2023, 01:26:16 PM
 #70

I don't think everyone is the same in setting selling targets because the market is difficult to predict. Since then the level of difficulty in guessing the market situation has continued.

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.
1. $120k. The next ATH Bitcoin price. I followed the estimate made by Standard Chartered.
2. I will sell maybe when the Bitcoin price reaches the previous ATH price. Before the new ATH price level is reached, I will release some of the assets.

At the moment there is no desire to sell yet, maybe in the future something positive will happen to the price of Bitcoin.
Hodl and hodl.

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July 16, 2023, 02:30:29 PM
 #71

1. What price do you think that bitcoin will hit in the next ATH.
While not completely accurate, I would expect bitcoin price to reach around $100k-$120k in the next bullish cycle which is the new ATH level. I see that the next bullish season will be the period many people are waiting for as the bitcoin price will set a new ATH record as many analysts have been predicting.
When the market breaks the new ATH it will again create more greed among traders, as a result of which those traders will not sell at that top and book profits. So I think if you really want to sell your bitcoins in the next bull market, you should set a target in advance so that you don't regret it later. I have seen many traders who have lost rather than profited in bull markets simply because of indecisiveness.
People who had experienced the previous bull runs will know what happens when the price of bitcoin reaches the ath. It is really hard to analyse and understand specific price to be the ath for the season. As stated making a target and moving with that will let the user enjoy the profit. When price keeps increasing the greediness accompanies which is the base to make people miss opportunities. However my choice of selling is different, whenever there is need, unlike the price I prefer to sell and get fulfilled with what I receive.
The exciting journey of a bull market takes a trader to another level of excitement until he sees the dump at the end of the bull market. So I think traders who have seen the bull market of 2017 and 2021 probably have enough experience of how terrible the pain of the end of a bull market can be. Therefore, the short-term trader has to prepare in advance so that he can exit the market at the right time. Because no one knows what the next ATH will be and how the market will react from that ATH.

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MiF
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July 16, 2023, 09:29:20 PM
 #72

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.
For me it depends on the limitations that we set, if we already earn in our holdings and it is ok to get the profit because it is big then we don't need to wait for tge next bull run which is very far from today, we can sell our holdings if it has already a profit and buy another coin to hold, i think getting profit depends on us not on the market status because even if the market is not so fine today there are still coin that still has a profit.

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July 16, 2023, 10:04:36 PM
 #73

For me it depends on the limitations that we set, if we already earn in our holdings and it is ok to get the profit because it is big then we don't need to wait for tge next bull run which is very far from today, we can sell our holdings if it has already a profit and buy another coin to hold, i think getting profit depends on us not on the market status because even if the market is not so fine today there are still coin that still has a profit.
Everyone has a different profit target depending on the amount of the investment value, so they don't wait for the bull market period, for example, you invest 1-2 btc at a price of $ 20k-25k then some of them have already achieved the profit determined at the current market price to sell their assets because low profit target between 20-30% and their strategy is to invest again at a lower price in the second portfolio.

But it is recommended that trading profits be used for bitcoin investment for a higher profit target to hold until 2025 than switching to other coin investments, because other coins are not guaranteed to increase if bitcoin market conditions are bullish because it is proven that many other altcoins have not recovered at this time even though the bitcoin price has recovered almost 95% over the $15k price last year.
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July 16, 2023, 10:14:10 PM
 #74

Looking at at things from the perspective of how the last halvings went, though also considering the growing involvement of institutions, I think my reasonable target is 50k, with a hope of 150k+.

I think in a world where the next cycle was being driven by individuals and people rather than institutions and corporations, I'd predict a 2017-like or 2020-like rally. I hope a similar thing happens, though it definitely feels like a different set of factors and circumstances this time around. Let's hope it is all still ultimately positive.

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July 16, 2023, 10:58:49 PM
 #75



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

I think the price of bitcoin will hit an ATH of roughly 160k+ I based the calculation somewhere on the percentage of growth of each cycle.

Quote
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.


Missing to sell on the incoming bull run is a waste of opportunity. We can sell our holdings this coming bull run specifically on the new ATH if possible or somewhere near that.  Then will reaccumulate once the market correction had reached its bottom or somewhere near that.  This way I can have a profit, and possibly get an amount more than the time I sell my Bitcoin holdings.

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July 16, 2023, 11:26:45 PM
 #76

We will have to wait a long time to see bitcoin pump at the present time the price is very low and the expectation of profit will decrease a lot during this period.
Bitcoin already pumped many times. If you only wait for the pump, you don't need to wait for a long time.
Anyway, the current price isn't very low, it is already increasing a bit. You must still remember that the price of Bitcoin ever dropped below $20k in the last year, it was the time of its ATL. Since the price is already above $30k, I think it is untrue to claim the price of Bitcoin is very low now.

The market is currently volatile because they want to bring the market under control, which may cause two storms in the market, the downward trend in prices will continue for a few more days.
The volatile is crypto market nature, it is always happening.
What storms do you mean? Do you refer to pump and dump?  Huh
Of course, the volatility will cause 2 things, the increase or the decrease of crypto prices.

If you want to see the bull run, you have to wait for the direction the market goes, then you can get good profit.
What direction that we need to wait for? Everyone knows that the bullrun season probably happens in 2024-2025. It can be determined based on the bullrun season previously. Although there is no guarantee about this, but I believe that the Bitcoin halving will still remain the biggest factor to trigger the upcoming bullrun season.


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July 16, 2023, 11:35:59 PM
 #77

We hear this kind of question and subject many times during these moments of preparedness where traders and investors trying their best to speculate bitcoin’s next move. I find it silly to do so or believe that you know the exact answer while i have a very different opinion and point of view in this matter. That period where bitcoin can make you rick easily by buying few amounts of it is over.
Now bitcoin is a coin to trade use for shopping and replace cash with it, more than trading it for some profits for bull run or selling because things are bad in market.
I will answer your questions in my way:
1- next ATH for bitcoin in my opinion won’t be sooner but it will happen for sure and i would say the next target is $100k
2- i won’t sell all my bitcoin if i had a big sum because i use it as a payment system before trading and investing it.

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July 17, 2023, 08:36:33 AM
 #78

I'm not being too greedy, but I don't even have any take-profit plans yet, but I will definitely sell off my holdings if I have any when I see it hit a new ATH, even if it takes just one bull run to do that. But that won't stop me from refilling my bag after I have taken a profit; I will wait for the right time to enter the market again.
Before we invest, it's important to have a plan like if what time we will buy or sell, so that you can be successful of earning a profit. We don't want to invest for nothing as that doesn't make any sense. To sell when the price of our coins hits their ATH is a form of a plan. That's better even though it will take time for you to see it.

At least you will now sell, take profit and never miss an opportunity especially a really good one. I think in each bull run, most coins will have an ATH. Re-investing again is a good idea to make more profits. We don't want to be confident early as money can be spent easily nowadays since the price of the goods are also at their All-Time-High.

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July 17, 2023, 12:30:22 PM
 #79


If you have bought an altcoin at the current price, of course the right time to sell it is in the next bullish season and reportedly 2024 has started,
so it's better to hold for this year and sell in 2024 or 2025, I have also bought some of the altcoins of choice and I hold in the wallet, because the exchange is currently very risky.
but I don't force you to hold it in a wallet other than an exchange, and if you are comfortable in an exchange wallet then save it there and make sure you are ready to take the risk.

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July 17, 2023, 12:57:52 PM
 #80

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.
Every investor has a motive in investing in Bitcoin. Everyone tries to collect as much Bitcoin as possible in bear market and take advantage from it in bull market. I am personally holding bitcoins and I know that in the next few days I will get multiple returns on my investment. There are also many other investors who will sell their bitcoins when the price of bitcoin rises to a potential level. I personally think that if Bitcoin surpasses the previous all-time high price, it must be 100k or more. But personally I haven't set any goals yet and I have a long term plan with Bitcoin.

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KENONEW
.
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10,000x
 
MULTIPLIER
 
NEARLY
UP TO
50%
REWARDS
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