Good time to sell?

[TheSpiral]

The timing of selling has a relation with profit therefore if a person can attain maximum amount of money then thoughts about previous and coming  Bull and bear market is not a concern.

Everyone plans differently some plans to get the chance by waiting for longer time while those of the other investor will fix the amount for profit and as the market reach to that value they will immediately make a profit by selling their coin.

The market is so unpredictable that one will choose profit instead of waiting for more increase but in one case they can wait like that of waiting for halving.

[lienfaye]

How do you determine when is the good time to sell?

In general, the good time to sell is of course when the price is already increasing. But many of us prefer to wait longer (this is understandable) for wanting more then ending up missed the opportunity to take profit. Anyway, it depends on what we prefer, if you're already happy with what you gained, sell. Small or big, that's still a profit and that's what matter here.

Do you have a set "goal" price at which you'd be selling no matter what happens?

I actually I have a set target price on when to sell. But I can't say for now if I will go all in, then buy again when the price decreased or just take profit and still hold some. Let's just see if the time comes.

[mich]

No I do not think this is a good time to sell your Bitcoin. If you are feeling you want to sell some Bitcoin I think you should just wait until the next 'bull run'. Right now in this time will not be a good idea.

Or if you want to wait longer we are going to see bigger profits next year. In April or May of next year will be the next halving. And we always see gains when this happens.

[Popkon6]

I use the DCA method as a specific way to sell bitcoins. And it's all based on guesswork because no one can say exactly what Bitcoin will be worth. So since we have to engage in all our activities based on assumptions. Most people wait for the price to be determined correctly and they are more likely to miss the train. No one can determine exactly what the ATH price will be that's why most people face losses when selling at the exact price. In such a case we use the DCA method is the best way since all activities are based on assumptions.

[flyingcarpet]

No I do not think this is a good time to sell your Bitcoin. If you are feeling you want to sell some Bitcoin I think you should just wait until the next 'bull run'. Right now in this time will not be a good idea.

Or if you want to wait longer we are going to see bigger profits next year. In April or May of next year will be the next halving. And we always see gains when this happens.

I can't understand why they are thinking of selling Bitcoin when there is so little time left until the bull season according to forecasts. They can sell their Bitcoin if you are in debt or need money, but other than these reasons there is no point in selling Bitcoin. They cannot make enough profits, especially when the price is at this level. They can wait for the bull season to come and make more profits.

People should not consider selling Bitcoin every time its price drops. What those who want to make a profit need to do is very simple; Buying when the price of Bitcoin falls and selling when it rises.

[Oasisman]

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?

IMO, the perfect time to sell since nobody knows whether or not we reached the peak during bullrun, it is when bitcoin hits your target. That only if you have set and calculated your profit during the time when you start accumulating bitcoin.
Though seeking for the peak or selling incrementally maybe a good strategy, especially when it exceeded your target, but that will give you enough stress for sure as you will be monitoring the market movement, because bitcoin is so volatile that it would literally drop massively after it peaks. So, chances are you'll miss your target and might probably sell a little below your target.

[michellee]

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%.

Maybe it was a bad return. But at least those people who missed out on selling Bitcoin at $60k yesterday could have made quite a profit if they sold it at $80k. And the number of Bitcoins they will sell will also depend on the number of Bitcoins they have.

After the price reaches $80k, there will be another correction if the price is unable to break through the higher price. And that has happened often. We just have to observe how the Bitcoin price moves.

Each of us wants to sell at the highest price. But unfortunately, not many of us can see or discover when the highest price will be reached. So we can only place a sell order at what we think is the highest price we want and wait until it is filled.

[Hypnosis00]

I have bought my BTC in mix prizes as I take the opportunity when there is a price fall. If ever the bull season will come (probably) I set my selling price to $60k, quite already a double price from the last time I bought BTC at $28k. Might it happen that I sell some earlier before it reaches that price or after depending on the market trend? Of course, the first plan can be changed depending on the market condition but I'm not sure if I still have to wait for the ATH knowing that it was hard to predict it. 

[Marvell1]

I have bought my BTC in mix prizes as I take the opportunity when there is a price fall. If ever the bull season will come (probably) I set my selling price to $60k, quite already a double price from the last time I bought BTC at $28k. Might it happen that I sell some earlier before it reaches that price or after depending on the market trend? Of course, the first plan can be changed depending on the market condition but I'm not sure if I still have to wait for the ATH knowing that it was hard to predict it. 

While you are not wrong to sell BTC because you have made a profit, if you already believe that BTC can recover back to $60k, why don't you put more faith and sell it when it surpasses the old ATH to make a little more profit?

None of us can analyze or predict exactly what bitcoin's highest peak will be in the upcoming bull season, so selling according to a set target is wisest. Don't sell bitcoin based on emotions because greed will always harm us, it never brings good results.

[karabiber]

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?

We cannot know for sure that we have peaked but we can adjust our entry and exit times in line with certain paradigms. If you are new to the market, you can support your investment just by looking at halving years. The golden rule is to be patient and not get carried away. If you need to get rich quick, this is not for you. The trend is never just up or down. Therefore, knowing when to buy can help you plan when to sell.

The first step is to know what you want and have a clear strategy. For example, buying a car, paying off debts, etc. To determine when it's time to sell a cryptocurrency you've bought, we first need to follow the rise of the cryptocurrency, and if you've reached two or three times the price of your purchase, you can consider selling all or part of your asset. Selling gradually should always be at the forefront. Because whether you're selling at a loss or at a profit, you'll always have a chance to take a step towards the next move. When investing in a new cryptocurrency, you may be tempted to sell because the project has lost its purpose, is not making progress or innovations. In this case, you should aim to reduce your losses by trying to sell at a reasonable price.

[DVlog]

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?

We know it's easy to make an entry, but it is not that easy to exit. Many use different tactics to plan their exit strategy, and I think sharing my own strategy can help others. I usually use three tools to identify different market phases. Here is the name and how I am using it. I will not make this a big post. So I will not explain how they work; instead, I will add a link to where you can learn more about them, and I will only explain how I am using them.

EMA: can be used to identify bitcoin market trends.
Setting: Daily 200 EMA.
Use: Below 200 EMA indicates a bearish market trend, and above it shows a bullish market trend.

S2F Model: Can be used to predict the future price of bitcoin. This uses a simple calculation to calculate the scarcity of bitcoin.
Circulating supply of bitcoin (stock) / newly added bitcoin every year (flow) = Bitcoin S2F ratio.
Use: Red dot = starting of bull, orange and yellow = continuation of bull, green = market peak, blue = starting of bear


Hash Ribbons: Tracking bitcoin hashrate ups and downs can also give us an idea about the market. A drop in the hashrate means the market is bearish sentiment.
Setting: Weekly Chart (that green line is 30 MA and the grey line is 60 MA).
Use: When 30 MA crosses below 60 MA, that indicates a sharp fall in hashrate, and when it is opposite, it indicates an increase in hashrate, which is a bullish signal.


I use some other indicators as well, but these are mostly used to understand market sentiment. They help me to plan my stratgey to accumulate bitcoin for the long term.

[Dickiy]

I have bought my BTC in mix prizes as I take the opportunity when there is a price fall. If ever the bull season will come (probably) I set my selling price to $60k, quite already a double price from the last time I bought BTC at $28k. Might it happen that I sell some earlier before it reaches that price or after depending on the market trend? Of course, the first plan can be changed depending on the market condition but I'm not sure if I still have to wait for the ATH knowing that it was hard to predict it. 

While you are not wrong to sell BTC because you have made a profit, if you already believe that BTC can recover back to $60k, why don't you put more faith and sell it when it surpasses the old ATH to make a little more profit?

None of us can analyze or predict exactly what bitcoin's highest peak will be in the upcoming bull season, so selling according to a set target is wisest. Don't sell bitcoin based on emotions because greed will always harm us, it never brings good results.

Yes I understand what you mean, there are some of them who were initially very confident in the potential for bitcoin to recover to $ 60k soon but maybe there are also some concerns that cross their minds that encourage them to sell now while still in a position of profit and well they will immediately make their sales because maybe they prioritize better prevention than cure even though at first they were sure, honestly in my opinion this is not a problem and also not the wrong thing to do because they are already in a position of profit even though not by a significant amount.
Therefore, I have also said to some of my colleagues if you want to invest, it is better to use money that will not be used for other needs or the point is that you will not be afraid if later that is lost due to losses, if you use money that is ready for any condition then I think there will not be any pressure for yourself to then HOLD longer until bitcoin reaches ATH and obviously you will get more profit there.

Yes I agree with this statement, because it is a fact that it is very difficult to fully predict at what price bitcoin will rise to in the upcoming bullish season, and yes we will return to the decision that you think is best, even though the profit is not too big but it doesn't matter.

[pawel7777]

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.

The problem with the $100k is that it's psychologically-heavy. When too many people set this as a target, they'll be setting sell orders slightly below, just to make sure they get fulfilled and the rally might end up at a little below the $100k mark. But if we cross that mark with ease, we could see the ath significantly above the $100k. Similarly to the 2017 rally when, after crossing $10k, we went all the way up to almost $20k. Of course it's way harder and takes more capital to get to the $100k than it was to $10k.

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.

It's a good thing nobody is proposing that. Maybe try to read a bit more than just the topic.

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.

Out of curiosity, since you're a miner, what will you do if we're not at $40k after the halving. Will you just switch your hardware off and wait for how the situation unfolds, or just quit for good and try to sell your mining gear?
And how unprofitable will the mining be at block reward of BTC3.125 and the electricity price at the current levels?

[bitzizzix]

Nobody knows the peak price of Bitcoin, but I'm sure, it's probably not just me. That the price of Bitcoin in the future will be very expensive because I see the development or progress of Bitcoin which continues to grow, and this is what makes me believe that the future of Bitcoin will be very bright.
And all that doesn't mean I didn't sell Bitcoin during this time, and I still sold it when it hit a new ATH and only sold part of the profits. And to enjoy the benefits, the goal is to buy or fulfill desires that I have planned beforehand and require large costs and I rely on profits from Bitcoin.
And I still buy periodically in small quantities as long as I think the price is reasonable, and I will also increase my purchase amount when the price goes down and normalize it again when it starts to rise.

[cabron]

With the higher inflation this 2023, a lot of big names including Tucker Carson become a Bitcoiner. We are going to be seeing a much higher BTC than expected. If you expect BTC to be just $100K, you might just scramble to buy back to chase the profit when it rallies higher.

This is the usual thing that some of the investors do in the bull market. Price may drop back to $60k again after touching $100k and then bounce back up again to $128K so you'll never know how much you missed when you sell too early/.

[kentrolla]

I always consider multiple factors and out of which one would be the various trade indicators and by considering coins ATH/peak. We need to select indicators very carefully and first shortlist couple of indicators and combine the signals and decide our signal for buy and sell based on combination of these indicators but the most important thing is to backtest the data before concluding of indicators.

[Asuspawer09]

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?

You will never know the peak of the market, and there are only a few investors that are going to get lucky that might predict the peak price of the market, We can't really predict the movement of the market even with the analysis thing, because they're just too many factors that affect the market price of Bitcoin and cryptocurrency. The market price depends on supply and demand so it doesn't really have some kind of basis or it isn't guarantee that you are always going to make a good amount of profit on it.

The best time to sell is if it is a fair price already, just based on buy low and sell on high, You always going to make a profit, and it just depends on you when you going to sell or how high can you risk your money you can't predict the peak but at least try to make a good profit on it, Just based on the timeline and structure of bitcoin it would surely skyrocket its market price because of its low supply of only 21 million so if nothing bad happened it might just continue to increase its market price and we could make a good profit in the future the longer we HODL our investments.

[Falconer]

The timing of selling has a relation with profit therefore if a person can attain maximum amount of money then thoughts about previous and coming  Bull and bear market is not a concern.

Everyone plans differently some plans to get the chance by waiting for longer time while those of the other investor will fix the amount for profit and as the market reach to that value they will immediately make a profit by selling their coin.

The market is so unpredictable that one will choose profit instead of waiting for more increase but in one case they can wait like that of waiting for halving.

One of the goals of investment is to get a return, so if the investor sees that he deserves a profit then he can sell it even if it is not at ATH. I know that many people hope to sell their bitcoins or investments at ATH to gain maximum profits, but I cannot deny that someone who is able to take advantage of market volatility will likely make much greater profits than selling at ATH.

This approach may be thought of by some people and has been put into practice, meaning they can accumulate bitcoin by taking advantage of volatility periodically without buying with additional budget. I tend not to, but such an approach seems good for accumulating bitcoins especially if they understand the market well.

[Bobrox]

Generally good time to sell is when raising profit but depend on how much percent set up for taking profit, if you invested with Bitcoin since price under $20k I think is good time for selling it right now if you have urgent needed and potential for Bitcoin raise to higher price again if your capital is not urgent have to sell. Don't be greedy with investing in Bitcoin when profit target have reached actually above 10% until 20% and never hold it for seeing Bitcoin will raise to $100k.
Its seems difficult how to get moment with Bitcoin will up to higher price and your moment have earn much profitable with bitcoin its time for selling it. Buy back or investing later when moment bitcoin get crash and always has chance for correction to see Bitcoin in lower price.

[stomachgrowls]

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?

IMO, the perfect time to sell since nobody knows whether or not we reached the peak during bullrun, it is when bitcoin hits your target. That only if you have set and calculated your profit during the time when you start accumulating bitcoin.
Though seeking for the peak or selling incrementally maybe a good strategy, especially when it exceeded your target, but that will give you enough stress for sure as you will be monitoring the market movement, because bitcoin is so volatile that it would literally drop massively after it peaks. So, chances are you'll miss your target and might probably sell a little below your target.

There's no way on knowing the peak and no man on this world would really be able to know, this is why it would really be that always wise that you should really be that setting those goals or targets for you to secure your
profits on the time that you do see that this might be the peak.Either it would be a hit or miss and since this market is unpredictable then there's no way that you could really be able to know on whats ahead.
This is why it would really be always wise on having that selling point, or else you would really be missing out the current cycle and you would be waiting for another one on which it is something that
we dont really like.

Majority of us are really that impatient when it comes to this but there were people who do hold no matter how many years would be passing as long they do know that they could really be able to benefit out
on what are the actions that they had done.Although, there would really be no assurance as always as this had being the main risks when you do make yourself get involved with investment.
You should really be wise on making decisions because outcome or results would really be entirely basing with those.