Good time to sell?

[Husires]

in other words: how would you know we've reached the peak?

When everyone is greedy and greedy about Bitcoin and the price will increase, yet trading volumes decrease and positive news flows, all of which is fake, then you know that it is time to sell. I will sell somewhere near $100k to $125k and will buy again when the price is 70k, I don't plan on spending Bitcoin for the next 4 years so my goal is to try to double what I have.

[armanda90]

Its important thing in trading have to use set goals for selling assets, actually if investing in Bitcoin we have target until how long investing in bitcoin and our goals price of bitcoin for selling it. To make less greedy with some trader when getting their assets have been in higher price is very important for setting goal target when time for selling bitcoin, its not important in the future have any good news and many outside predicting when in the higher price make them blame and hold until bitcoin or another coins investment back to lower price.

I have long term planning with bitcoin investment and selling Bitcoin or good time for selling assets when raising up above 40% of my investment price, its not matter have adopt with long or short term investment during not raise with my target selling price I don't try to sell and keep holding after researching with bitcoin target or altcoin possibility raise up with my predict price in the future.

[michellee]

It depends on the target selling price of each trader. But if the Bitcoin price in the bull run can exceed $60k and reach above $80k, that is a good price target to sell Bitcoin. But every trader must have a target selling price so it will vary.

But if you use the strategy "buy at a low price and sell at a higher price," it will only depend on market movements. You don't wait for the price to get a bull run but instead sell the Bitcoin every time it reaches a high price. It will give you profits; if you can repeat it, your profits will be even greater.

The important thing is that you have to know the target selling price you want. You can sell if the Bitcoin price has reached the target selling price. And don't be greedy because you expect bigger profits because usually, that will cause us not to get the biggest profits.

[Nrcewker]

That’s an interesting question. I feel many people sell the coins when it reaches a particular price. They set the price target for the bull run, and once it reaches it, they sell the coins. But if you ask me then my answer will be different. As I am treating Bitcoins as a lifetime investment opportunity, so I don’t have any plans to sell them, no matter what’s the price is. I only sell the coins whenever I am in need of emergency funds. Otherwise I don’t have any plans to sell these valuable coins.

[TravelMug]

A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?

I guess no one can time the market, same time as we don't know when we are going to see the lowest low during bear market. However, if we look at the past history of bitcoin, 2017 peaks in December, and then 2021 it's around November. So perhaps around that time in 2025, last quarter of the year will be the best bet that we might reach the highest price for that bull cycle.

So for me, that is my goal on when to sell, it might not be the highest price, but at least around that ball park time frame and see how big the price will be.

[$crypto$]

How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

When it reaches ATH, let's say the price at that time is at $80k, it means that ATH has been passed and it has become our profit because when we bought btc at a price around $30k.
You never know but people say 100k is already at the top so that's their target.

Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?

Of course we have a goal price of let's say 100k or 150k, or it's a good idea to sell defensively in the range of 100k and above or slightly below, I think when they have pocketed 3x profit then that's big enough.

[Poker Player]

I prefer to DCA based on set percentage all the way up...

Me too. I tentatively plan to make two sales: when the price approaches the previous ATH and when it approaches $100K. If you're in the mood for cash in the profit it's best to do it a few thousand earlier because when those figures are approached a lot of sell orders are placed and they are hard to beat. So better to sell at $95K than at $105K, but if you are not in a hurry better wait for $105K and you will have an approximate 10% more profitability. I did something like that in the last bull market and depending on how things go I will sell more if we have a very good bullish cycle, and if after the second sale the price goes down and becomes bearish I will keep accumulating.

[philipma1957]

A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?

I have a ladder up set at

45454.50
55555.50
65656.50
76767.60
87878.70
98989.80
121212.12
131313.13
141414.14
151515.15

5% of my coins for each step up

If we reach 151515.15 I would still have 50% of my btc Not sure if I would set a new ladder up if we get there.

[pawel7777]

It is very simple to do, if i enter the market as at when the market was $32 and i invested and hold till now when the market run dip as low as $26,000, this meas obviously I can't sell than to keep holding, next year if the market surges and we had a bullrun and there's a new all time high, whereby bitcoin rise pass the $68,000 to about $150,000 or more, then i can sell, the difference is in the patient to hold and the time required in doing so.

So if it reaches $67k and starts gradually falling from there, would you not sell at all? And how exactly do you determine whether to sell just above $68k or wait for potential $150k?

If the market rises and keep rising, the peak could be depict when we begin to have nothing less than $100,000 and after then the market will run dip below that ATH.

What do you mean "keep rising"? You will never see a situation when it goes up every day. Zoom in the chart for any period and you'll see that even during the rally you have periods of the price going down.

A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?

My personal satisfaction to sell and when I think I need to sell, that's all just based on my feeling and also my needs.

Are you a woman?

Bitcoin is a life changing technology, so I would say that you probably shouldn’t sell it until you can get a life changing sun of money for your investment. There’s a chance that all you have to do is stack and wait. So rather than focus on a certain price, I would say to focus on what you would do with the money. Eliminate debt or secure your future and I’d say selling was worth it.

That's a "hodler" strategy, but I'm more interested in the aproach from a trader's point of view. i.e. If you only have 1btc (most people have much less than that) and consider the "life changing amount" to be, say $2 millions, then sitting and waiting might not be a best idea. You're much more likely to hit your target by trading.

[Wapfika]

A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

I always use the fibonacci level to determine the sweet spot on taking profit. You can use different time frame on when to apply the level to get the perfect take profit since fibonacci level is base on previous high low and it reflects its counterpart future predictions which trader typically follow.

It’s a self fulfilling prophecy. Use longer time frame such as monthly to apply fibo so that you can have an idea to what is the possible price to take profit. Just take profit on price within each level to have a greater chance to sell on a price resistance which is the sweet spot for selling.

[pawel7777]

Well last cycle everyone wanted to sell at $100K or at least close to it. I think I wanted to sell at like $90-95K. But I guess many people decided to not be greedy and sold earlier at $69K. Hence it was the top.

This is why you can’t predict the top. If bitcoin touches $100k it won’t be the top, it will most likely go higher. Same reason why $10k wasn’t the top in 2017 and $50K wasn’t the top on 2021.

Similar. I wasn't dead-set on selling and didn't mind holding till another cycle, but virtually every expert was predicting $100k as a minimum so was aiming to sell around that and buy back later.

There are indicators in chart to identify we are at the peak like the RSI. Its somehow can decieve chart readers though but obviously when it touches 70, its already a good time to sell.
It could go up more than the selling price you set but eventually the market will come down making your decision to be right still. Generally, as long as you profit, there is no bad decision.

Whether or not selling at $70k was a good move is something you will know only after the bull run ends. If it goes up to $500k and never goes back down to sub $100k, then I'd consider selling at $70k as a big mistake. I don't subscribe to the opinion that any profit is a success.
RSI is an indicator definitely worth considering, but I wouldn't rely on that alone.

But if the Bitcoin price in the bull run can exceed $60k and reach above $80k, that is a good price target to sell Bitcoin. But every trader must have a target selling price so it will vary.

For anyone who held through the previous ATH, selling at $80k is a really poor return and doesn't even beat inflation. I wouldn't never sell all stash at that price, maybe max 20%.

I have a ladder up set at

45454.50
55555.50
65656.50
76767.60
87878.70
98989.80
121212.12
131313.13
141414.14
151515.15

5% of my coins for each step up

If we reach 151515.15 I would still have 50% of my btc Not sure if I would set a new ladder up if we get there.

Wouldn't you be tempted to sell more if it becomes evident that the $150k was the peak and we're only going down from there? Also, are you going to buy back after the bull run, or just consume the profits?

[philipma1957]

< big snip >

I have a ladder up set at

45454.50
55555.50
65656.50
76767.60
87878.70
98989.80
121212.12
131313.13
141414.14
151515.15

5% of my coins for each step up

If we reach 151515.15 I would still have 50% of my btc Not sure if I would set a new ladder up if we get there.

Wouldn't you be tempted to sell more if it becomes evident that the $150k was the peak and we're only going down from there? Also, are you going to buy back after the bull run, or just consume the profits?

Don't know we are not there yet.

I am old for the crypto world.

I am 66 years old I am not wealthy and I am not poor.

I do not have a ton of btc , but I do mine and am stacking at the moment.

If we go into the bull in 2025 I will have more stacked coin than if we go bull in fall of 2024.

So if we sunup and I start sell in 2025 from 44k to 150k ladder up would likely mean I had 2btc  sold 1 netted 100k and have a coin left  It would be very tempting to sell at least 1/2 of the remaining btc at 130-140 k

I would end up selling about 1.5 btc for about 165k.  It would be a nice supplement to what I have and I may continue mining. And setting up a downwards buy ladder.

I have other monies and by 2025 could have enough from other holdings that I do not give a shit about btc. I would simply hodl all of it.

realistically having 5btc in hand  for the 2025 bull run is not likely unless something weird happens.

[salad daging]

Of course we want to sell at the highest price possible as an act of greed but we have always dreamed of $100K to offload some bitcoins defensively if the price continues to rise.

We see from this goal is with the previous cycle how much the increase from the previous ATH whether it is 1x, 2x or 3x but in the sense that when people buy the lowest price let's say with a price below $15K they already get to multiply with a price of $70K but the average of us is unlikely to buy at $15K of course it is above that and see how our average purchase with DCA.

Obviously I want to do it defensively with sales, I don't even want to spend all of it, after there is 30% left I want to accumulate more.

[Unbunplease]

It makes no sense to sell now. Almost all possible negative news has already happened, and the time for positive news should come soon. I think that such news will start to appear in the spring of 2024, so we don't have long to wait. Soon is halving, and that's something to remember.

[philipma1957]

It makes no sense to sell now. Almost all possible negative news has already happened, and the time for positive news should come soon. I think that such news will start to appear in the spring of 2024, so we don't have long to wait. Soon is halving, and that's something to remember.

Frankly 40k is needed soon due to the 1/2 ing approaching us.

If we are in march 2024  and not close to 40k we have serious issues for miners. I am wondering if we get a pre 1/2ing  rally.

march 2015 $244

sept    2015 $236
oct      2015 $314
nov     2015 $376
dec     2015 $430
jan     2016  $369
feb.    2016  $437
mar.   2016  $416
apr.    2016  $448
may.   2016 $531
jun      2016 $672
1/2 ing  600 or so
jul.      2016. $624

so we may get a relief rally  for miners which will have us over 40k in time for the 1/2ing

[el kaka22]

Not really, just because it's here, doesn't mean that it will crash, and just because we feel like it "may" crash doesn't mean that we are right. We should let it be and that should be a lot better on the long term. I get that it is going to be a tough job, but as long as we make it work, we should be fine.

I believe that it is going to take some time but as long as we let it be as it is, it should be making us profit the more we wait. I get that life is not that simple in most cases, waiting is hard, but we can do it. Crashing is something that could hurt it, but you could DCA and do fine. Life is not simple, and doing something like this could result with a great profit without doing much, take the simple pleasures of life.

[KiaKia]

You don't have to know if we have reached the peak, all you need to look out for is Bitcoin beating it's old all time high, that's when you should start taking profits, you don't have to sell everything at once, that's wrong way of taking profit, you want to slowly take profit because you can't tell how further the price of Bitcoin wants to go.

It's possible for Bitcoin to reach a new all time high, it's pretty clear if you look at it's past price actions, maybe we will reach 120k in the next bull market? No one knows, but instead of waiting it's better to start taking profit somewhere between 80k range and above, once we hit 80k im good, that's where I will start taking my own profit and I will wait for the dominance to start falling, then I will bounce on altcoins too.

[ShowOff]

Don't we already plan something when we invest? That includes the return target that we will take, right?
So if I have gotten a return in line with my initial target, then it is very likely that I will completely get out of the investment regardless of whether I will exceed a few percent by that level or maybe completely.

This of course does not depend on the time frame, but clearly depends on the price. However, I might be able to make some adjustments such as still holding 20% ​​- 30% of my bitcoins if 70% of them have covered the initial target. This means that I will still hold the other 30% if market conditions are still very supportive.

[STT]

Awful time to sell but its always personal because you might just need the money.  Presuming you are able then you dont sell here you hold and ideally you add some on the basis that over time the situation is improving.  The price is almost an irreverent variable, whatever price is there is less important then purely the continuation and progression of BTC to greater things simple as that.   Same goes for any product, sector, commodity, choose something which gains value which is good in position for demand vs supply.
    Speculation is secondary sometimes profitable juggling done by some but its not a requirement, if your base case is sell or hold absolutely all then you dont sell all so long as you agree this market is valid and improving.
  Forget price its the end result of a thousand cogs and gears but main deal to me always has been the machine is continuing its work and price is just a label, its a skin deep guess by the market to enable bid and orders on that particular day.

[carlfebz2]

A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?

Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?

Sell when in greens - How much? It would really be according into your set goals or targets and this would really vary on each of everyone.
Determining on when to sell would be always be pertaining about the positive side of things, the only differs on here is on how much in % you have gain and it is it really worth the wait?

Knowing the peak? There's no knowing about the peak because if theres one then for sure we had sold out all of our Bitcoin stashes on the time that it did hit 69k and would really be having  that instant crash.
Selling decisions will really vary on someones profit taking measures which there are ones who do mind for short term and there are ones who do really come after for long term holds on which
it doesnt really matter on what are the current present approach because they dont really care on how it should be because there's no way that they would be making up some closure
in regarding into their position.