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Author Topic: What is your selling plan in the bull run?  (Read 190 times)
JamesDaniel90 (OP)
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August 17, 2023, 08:39:51 AM
 #1

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
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August 17, 2023, 10:07:42 AM
 #2

I know it is not definite but highly likely the bull run will be in 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is a bear market and being at a loss so feel as soon as the markets reverse and the bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have a specific selling strategy during the bull run or do you just do what feels right at the time?
When it comes to trading the crypto market there is no perfect or specific time to sell your asset because if you are waiting for a specific time some investors we take profit from your money. What you have to do is to deploy a trading strategy that will help you take a profit any time you see one. Also, learn not to be greedy when trading in the crypto market. For instance, if you invest in a token with $500 and your investment turned to $1000 you can sell off your token and wait for the token to retrace so you can buy the token again.
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August 17, 2023, 10:49:12 AM
 #3

Investment plan should be longer than 2024 and 2025 so you will find (SSS) - A Sane and Simple bitcoin Savings plan is very helpful for you.

Your investment plan can be different than the SSS one but I believe you will be enlightened by that topic.

Dollar Cost Averaging is more mentioned for buying (accumulation) but it is actually helpful for selling (taking profit) too.

https://dcabtc.com/
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August 17, 2023, 11:35:28 AM
 #4

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There’s no perfect timing when it comes to bull run. I know that the next year’s halving is one of the catalysts here, but the bull run can happen anytime even before the halving due to various factors.

I am still down as of the moment of the original BTC price that I’ve bought in doing DCA (dollar cost averaging). I always have to be readyb wherever the market goes.

If the bull run does happen, I would sell a reasonable amount of my assets and keep the capital. Ain’t planning to sell them all.

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August 17, 2023, 11:49:28 AM
 #5

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Don't have any specific plan since I just base my profit taking depends on what situation will occur. And I never get hype easily with more hyping words we can possibly ready anywhere then wait for more since for me profit is profit on whatever forms so don't get hype about ATH since the more you chase then wait for more you will just end up missing the train. So make sure you will not act like that since that traits makes you a bag holder then regret for not selling at the moment where best time to sell your bitcoin or other alts.

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August 17, 2023, 01:59:48 PM
 #6

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
you have nothing to lose even if you are in a bear market if you don't sell your assets. Of course, if you think about investment planning you will end up with a bull market.
In fact, no one can estimate the exact time to sell. or wait for ATH and we just sell it. everyone just predicts and doesn't know whether what we do will be right or not. therefore when you are in a bull market, try to be consistent with your initial investment plan. a bull market can be a strong pump and then a correction. if you have no experience, you can very easily panic in this position.



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August 17, 2023, 02:22:23 PM
 #7

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?
The best strategy is to be obsevant on the market movement. Plus youll feel that its highly likely to continue if the charts looks promising. You can never predicted if its gonna be a continous movement since thats impossible we always expect some rough patch down trend sometime and we gonna thought its over nut reversal is imminent. But never be greedy not to sell when you already know its a good profit and dont regret not selling much higher.

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August 17, 2023, 02:43:14 PM
 #8

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Are you still asking questions that you have already answered more than once? I don't know if it's confusion or something else, but even after 18 months in how you say "crypto", you don't seem like you've learned anything, or that you even have a serious intention to learn something.

Instead of looking for some new answers again, I suggest you re-read some of your topics.

Is there a best way of withdrawing profits from exchanges?
Bitcoin - what are we expecting for the rest of 2023?
Cashing out fiat in UK? 
What are we expecting from now until Bitcoin halving?
Bitcoin - what is your plan when we reach $100k?    

These are just some of the topics you have made since May of this year, there is simply no point in going beyond that...

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August 17, 2023, 03:07:08 PM
 #9

Don't forget that cryptocurrency is unpredictable, which nobody know when the price will bull higher or dump in the market but just have it in mind that bear market will not live forever. I think many holders are waiting for the price to hit back $69k before they will start selling to make a good profits, which it will surely happen to those that will endure long for their dream to come through. since you have endure to 18 months in the community show that you will not regret when the bull start because you are already among the long term holders, and there is a confidence for long term holders to win something big before the end of December if they can endure till the season appear.
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August 17, 2023, 03:39:47 PM
 #10

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.
Nobody is sure when the bull run will be coming, we are all just predicting and hoping it comes by 2024/2025, but we shouldn’t be too confident because some people will be disappointed if the bull run doesn't come by 2024, which everyone has been predicting. Let’s keep in mind that it can come at any moment, it might even come before 2024, which has been predicted by most people.

I am wondering when is best to sell and want to make sure I don't sell too early.
No one can tell you when you should sell, it’s left for you to make decisions on your own, and nobody knows how high bitcoin is going to go in the next bull run, so just do your analysis and set your target. If you are lucky and your target is hit, then you can sell, but keep in mind that you will find it difficult to sell at the top, and since nobody knows how high it will go, nobody will be able to recommend a price to sell at for you.

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Bushdark
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August 17, 2023, 04:02:55 PM
 #11

The plan is to take advantage of this bull market now that the price of Bitcoin is currently low including other altcoins that had been in the market. We had been seeing speculations about the bull run that is going to commence probably by next year and everyone had been preparing for that time. Cryptocurrency is a very risky venture and we'll have to be ready for what comes ahead of us.

The people that are going to make money from this bear market are those that are ready to take the risk that is involved including patience waiting for the market to fully go bullish so that we can maximize profits.
Doan9269
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August 17, 2023, 04:25:41 PM
 #12

I am wondering when is best to sell and want to make sure I don't sell too early.


You will have to consider the rate at which the bitcoin market price was when you made your first investment, then hold and wait till the next Halving, once there's a bullrun, then you target the rate it would have moved while rising from when you first entered, if you realized a cognate difference then you're good to sell because you're not loosing and bitcoin has increased in value from where it was when you began.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

Buying strategies is what is common but once there's a bullrun, if you wish to sell you're not missing out, you don't need a particular strategy for that.
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August 17, 2023, 04:34:03 PM
 #13

It will be tough to predict, knowing that you cannot do anything about it once you are there, and you might never know what your "emotions" go through then. It will be hard to sell once you feel those "bull" parts.

Since it's your first time, what would happen is you will ride and believe that it will be in increasing effect. It could go on and on in price, and you can never go down feeling. But it will.

It's almost always the case but since you haven't learned or have your opinion on it after 18 months here, I think that's what will happen to you.

Don't try to time it. It's going to be difficult.

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August 17, 2023, 04:44:24 PM
 #14

If you are afraid of selling your crypto assets too early (too cheap), then try using a gradual selling strategy, that is, as soon as the price of crypto currencies starts to rise, don't sell everything at once, but do it in stages. Sell 20% first, then another 20%, and so on, until everything you planned has been sold. The figures are presented for examples and you determine which part in how many stages to sell. In general, this is the reverse of the well-known strategy of the average purchase of crypto currencies, only you act in the opposite direction and average your sales receipt.

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August 17, 2023, 05:03:03 PM
 #15

Honestly, everyone's main goal here is to make the most money they can when the next bull run comes. So, what else are you thinking about? Whether you're new to this or you've been trading for a while, you need to try out different trading plans and pay attention to the info out there. Keep in mind, if you're not informed, you're at a disadvantage.

I'd suggest starting with,

Doing thorough research.
Making different choices for what you invest in.
And most importantly, managing the risks.
By doing these things, you'll increase your chances of making money when the market goes up a lot next time.

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Victorik
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August 17, 2023, 08:02:09 PM
 #16

I know it is not definite but highly likely the bull run will be 2024/25 and it will be my first bull run.

I am wondering when is best to sell and want to make sure I don't sell too early.

I have been in crypto just under 18 months now so all I am used to is bear market and being at a loss so feel as soon as the markets reverse and bull run comes it will all be new to me and I don't want to get too carried away and sell to early.

Does anyone have specific selling strategy during the bull run or do you just do what feels right at the time?

There's no thumb rule for determining when or when not to sell, it depends solely on you and what your goals are. For some persons, when they see a x2, x3 they sell some portion to recover their capital.

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August 17, 2023, 08:25:46 PM
 #17

The important thing is to first set a selling price target during a bull run. Take some profit maybe around 40% or 50% and it will be better than selling everything. We don't know where the market will stop during the bull run. the rest you sell at the highest price and while seeing how strong the support and resistance is. Bullrun provides many surprises and you should be ready to sell higher. maybe 10% you sell when you believe it will be very high.
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August 17, 2023, 08:42:08 PM
 #18

My selling plan for the bull run depends on the circumstances at that time. I won't sell all of my bitcoin, but I'll choose to liquidate a portion and enjoy some profit.

To be honest, determining the optimal selling point is indeed very hard due to Bitcoin's highly unpredictable movements. However, you can at least gauge that Bitcoin is at its peak when it reaches a new ATH and remains there for a while. Alternatively, you could rely on your feeling to identify the point where it seems to have reached its maximum potential price.

Typically the highest point after a bull run could occurs around a month or two after it, although it could be sooner. I don't have a specific strategy for selling; I'll go with my feeling and the hype by that time when it comes to Bitcoin.
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August 17, 2023, 09:41:02 PM
 #19

I don't mind selling at $120k  per Bitcoin.  I believe this is enough for me to get more Bitcoin when the bull run ended and the market revert back to bear market.  I intend to increase my portfolio to sell high during the bull market and buy low during the bear market and DCA with the fund I got from selling all the way.
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August 17, 2023, 11:58:58 PM
 #20

I am wondering when is best to sell and want to make sure I don't sell too early.

The fear of selling too early is often making investors sell too late or worse - not sell at all and wait for another bull run.  The bull run starts with a sudden spike and after that lasts for 1-1.5 years, so a good strategy is to wait 1 year from the start of the run. Also, if DCA is popular buying stategy, than the reverse can be an exit strategy - sell some BTC every week of the bull run and you will get the average bull season price. Ofc the best outcome is to sell at the very top, but tops usually last only a day or two, so it's unlikely you would catch them. The average price of a bull season is way higher than the average of the previous bear season, so it's still a great profit.
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