South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2023, 08:17:16 PM |
|
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?
At least to me, when to sell is a combination of factors, I will need to see a big drop on the price of bitcoin after a strong bull run and we will have to be at the last quarter of 2025, which is when historically the bull run weakens and traders begin to sell their holdings, now this is not a foolproof solution but it should allow anyone to sell close enough to the top and obtain good profits during that upward movement, however traders need to be realistic and accept that anyone selling at the very peak of the market simply got lucky, and it is impossible to replicate their results.
|
|
|
|
Mr.suevie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2023, 08:41:52 PM |
|
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?
At least to me, when to sell is a combination of factors, I will need to see a big drop on the price of bitcoin after a strong bull run and we will have to be at the last quarter of 2025, which is when historically the bull run weakens and traders begin to sell their holdings, now this is not a foolproof solution but it should allow anyone to sell close enough to the top and obtain good profits during that upward movement, however traders need to be realistic and accept that anyone selling at the very peak of the market simply got lucky, and it is impossible to replicate their results. During the bull run it's very tricky to sell and if you are not strong enough with your hold you might end up selling at the wrong time because during the bull market all coins tend to push up at a very rapid speed so knowing the actual time sell is very hard well not hard but some just tend to sell very early that they just miss the highest pick point or some wait too long and then sell when the coins have started dropping again.
|
|
|
|
JoyMarsha
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 12:11:43 AM |
|
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 set my goal to sell some part of my bitcoin assets by the second quarter of 2025 that's when I deem fit that the crypto space will be experiencing a bull run by then. Whatever price I see by then, I feel like if I have gotten the profits I desire from Bitcoin investment, nothing stops me from selling some part of my Bitcoin. The rest of the bitcoin not sold will be kept by applying a DCA strategy to it
|
|
|
|
Fivestar4everMVP
Legendary
Offline
Activity: 2380
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 04:24:25 AM |
|
The peak is hard to know as long as we are in the bull run, there are times when the price might start dropping bit by bit and you assume that we have reach the peak and now coming down, you jump and sell, and only to return back after a few hours to realized that the rally has continued again and that the previous peak as been surpassed easily, you end up regretting for selling too early .
What I will personally advice is to set a sell target, a realistic one, once that target is reached, you can decide to sell 50 percent of what you plan to sell, then wait and see if the price will continue to go up, if it continues, you can divide the remaining 50 percent into two, and sell 25 percent at a higher price, and also try to sell the remaining 25 percent at a higher price too if the prices continue to grow .
All in all, try as much as possible to be contented with what ever you got and at what price you sold, it is only the lucky ones that manages to sell at the peak .
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
traderethereum
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 04:58:50 AM |
|
After I managed to sell bitcoin for $57k, I haven't decided when I will sell the bitcoin that I bought again at a low price. Maybe I will start gradually selling the bitcoins once the price goes beyond $90k-$100k but if that can't happen in 2 years, I still have to be patient and keep accumulating more bitcoins. But we will have a hard time knowing when we have reached the top but I think if the price manages to make a new ATH and it is over $100k, that means we are already at the peak of the bitcoin price high. Usually, I will sell gradually, starting from the smallest amount first while monitoring the situation and I am also not in a rush to sell the bitcoin.
|
|
|
|
taufik123
Legendary
Online
Activity: 2646
Merit: 1810
Rollbit.com | Crypto Futures
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 05:09:41 AM |
|
I have set my goal to sell some part of my bitcoin assets by the second quarter of 2025 that's when I deem fit that the crypto space will be experiencing a bull run by then. Whatever price I see by then, I feel like if I have gotten the profits I desire from Bitcoin investment, nothing stops me from selling some part of my Bitcoin. The rest of the bitcoin not sold will be kept by applying a DCA strategy to it
That is a clear target for you. and before reaching the second quarter of 2025 what you can do now is buy Bitcoin gradually to increase your Bitcoin accumulation and of course, there will be more benefits that you can get. I am targeting Bitcoin for the new ATH in 2024-2025 and $100k is the target price I need to reach to sell some of my Bitcoin holdings. That's quite realistic with $100k being the target price for most long-term investors today. Just need to buy and hold and of course be patient.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Fakhrulenclix
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 05:46:52 AM |
|
After I managed to sell bitcoin for $57k, I haven't decided when I will sell the bitcoin that I bought again at a low price. Maybe I will start gradually selling the bitcoins once the price goes beyond $90k-$100k but if that can't happen in 2 years, I still have to be patient and keep accumulating more bitcoins. But we will have a hard time knowing when we have reached the top but I think if the price manages to make a new ATH and it is over $100k, that means we are already at the peak of the bitcoin price high. Usually, I will sell gradually, starting from the smallest amount first while monitoring the situation and I am also not in a rush to sell the bitcoin.
Waiting for the price of $90k-$100k I think will take quite a long time, and you have to be patient for that, but regarding whether that will happen or the latest ATH I think a lot of people believe it will happen, even though in a slightly longer period of time. And indeed the right time for us to sell is when we really see the latest ATH (if we can be patient) or many people have different opinions, sell when we already have or have reached our target.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
KingsDen
Legendary
Offline
Activity: 1218
Merit: 1074
Goodnight, o_e_l_e_o 🌹
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 09:13:52 AM |
|
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?
Before now I had said to myself that immediately bitcoins makes a new all-time high, that is to say about 70,000 dollars, I will sell. But after going through some posts in the forum, I understood that that was a very long position. Then I have now decided that from all time high I will begin to sell in percentage. Maybe 30% and I will now sell 20% another 20%. I will decide on this as time approaches, but I know that whenever we are on new all-time high, we are already on a big profit. Some people are expecting a hundred thousand dollars. Surely it is possible, but we should remember that it failed the last time but I have also seen a projection that bitcoin is going to $173k. This is very high expectation. I think it is a ploy make the market crash on people.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
[/quote] [center][table][tr][td][url=h
|
|
|
sana54210
Legendary
Offline
Activity: 3276
Merit: 1128
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 06:14:33 PM |
|
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.
Reaching the goal of "retirement" is the end goal for me, it allows me to know that I will never have to work for money again. That is not same as being rich, because you do not become rich with the amount I am planning to retire with, it's a much smaller amount than most peoples houses worth here, and it still enough for me to retire. That doesn't mean I will quit working, maybe I will work a little less, but I wouldn't know what to do with myself if I didn't work, which means that I will work as a hobby basically, but my goal for my investments would be reaching to a level where I have financial freedom to never worry about money again, and that type of thing is a lot more important and would make me happy.
|
|
|
|
DVlog
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 07:21:25 PM |
|
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 set my goal to sell some part of my bitcoin assets by the second quarter of 2025 that's when I deem fit that the crypto space will be experiencing a bull run by then. Whatever price I see by then, I feel like if I have gotten the profits I desire from Bitcoin investment, nothing stops me from selling some part of my Bitcoin. The rest of the bitcoin not sold will be kept by applying a DCA strategy to it There will be a bull run for sure, but the bear market following that bull can be different from all the historical ones. There will be the world's biggest institution onboard, so we may not see that 45% fall over night like most of the bear market. There will be corrections, but not like before. Those big institutions will try to keep the market stable so that they won't lose their customer funds. I can be totally wrong, but I think something like this will happen. There won't be the kind of bear market we are facing now. It will be more like a sideways move and slow market growth after a certain point. This is just a prediction.
|
|
|
|
ScamViruS
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 07:54:30 PM |
|
No one knows what Bitcoin's next ATH will be, so if someone wants to sell, they have to guess and figure out a selling price. Because here everyone wants profit so if a certain amount of profit can satisfy someone then it is their own strategy. Bitcoin is a life changer, Bitcoin can change an investor's life as we have seen in past bull markets. So the most important thing here for me is that I haven't set any target yet, so I think about taking decisions based on market conditions.
|
|
|
|
goaldigger
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 08:48:37 PM |
|
No one knows what Bitcoin's next ATH will be, so if someone wants to sell, they have to guess and figure out a selling price. Because here everyone wants profit so if a certain amount of profit can satisfy someone then it is their own strategy. Bitcoin is a life changer, Bitcoin can change an investor's life as we have seen in past bull markets. So the most important thing here for me is that I haven't set any target yet, so I think about taking decisions based on market conditions.
You don’t need to make a guess before you sell, all you have to do is to set-up your target price and make sure that you are happy with the profit because you cannot chase the market always and you have to sell in order to satisfy yourself. Buying and selling is easy, and it will always depend on your choice and contentment, if you are happy with a 20% profit then so be it, don’t aim for a high one because it might not happen.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
Vaskiy
Legendary
Offline
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 09:40:17 PM |
|
No one knows what Bitcoin's next ATH will be, so if someone wants to sell, they have to guess and figure out a selling price. Because here everyone wants profit so if a certain amount of profit can satisfy someone then it is their own strategy. Bitcoin is a life changer, Bitcoin can change an investor's life as we have seen in past bull markets. So the most important thing here for me is that I haven't set any target yet, so I think about taking decisions based on market conditions.
Even the expert doesn't know well about the ath. The crypto market used to behave in a different way from the traditional market. With the stock market, the predictions used to be precise from the analysts. With cryptomarket the predictions from the analysts used to be coincidence and doesn't look like perfect one. With bitcoin it is good to go along with the market, so that it'll be easy to take decisions. However our minds should be prepared enough not to think once we've sold it, because the next day after we sell it could've bounced big.
|
|
|
|
Oilacris
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 09:54:25 PM |
|
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 set my goal to sell some part of my bitcoin assets by the second quarter of 2025 that's when I deem fit that the crypto space will be experiencing a bull run by then. Whatever price I see by then, I feel like if I have gotten the profits I desire from Bitcoin investment, nothing stops me from selling some part of my Bitcoin. The rest of the bitcoin not sold will be kept by applying a DCA strategy to it There will be a bull run for sure, but the bear market following that bull can be different from all the historical ones. There will be the world's biggest institution onboard, so we may not see that 45% fall over night like most of the bear market. There will be corrections, but not like before. Those big institutions will try to keep the market stable so that they won't lose their customer funds. I can be totally wrong, but I think something like this will happen. There won't be the kind of bear market we are facing now. It will be more like a sideways move and slow market growth after a certain point. This is just a prediction. There's no way on knowing on what would be the bull run looks like on this upcoming bull run when halving happens because this is where usually it do starts to kick on. No one could ever tell on how it would looks like but definitely there would really be a bull run.We cant really be just having a market without having a bull run and just remaining to be bearish? thats not how a normal market behaves or works and this is why it would really be just that normal that it is really that wise on taking up the opportunity on accumulating while the prices are still cheap or something that could really be able to take chances on getting those in bargain because once the market would really be having that u-turn then you would definitely be ending up on having regrets on what you had missed. Just dont make yourself do say that common line "how i wish i do able to buy more when its still cheap" kind of tag which people do mostly be saying on the time that we are breaking new all time highs which it isnt limited only on Bitcoin but also in other altcoins as well.
|
|
|
|
STT
Legendary
Online
Activity: 4032
Merit: 1438
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 10:58:25 PM |
|
BTC used to more bound to its own economy when it still involved many home miners and a fairly small scale digital economy. Basically gambling and other small sites using BTC, but since then its come away from that isolated market flow and mining BTC personally is not half as common since it went over to ASIC. Having said that, the main markets are not especially negative or challenged. We'd be booming in BTC imo if only the dollar index were to lose 100 on the dxy but it failed to beat that level, the higher rates are having some effect in retaining that level . I think its temporary and we do find easier progress.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
edy_58
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 348
Merit: 29
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 04:59:30 AM |
|
No one knows what Bitcoin's next ATH will be, so if someone wants to sell, they have to guess and figure out a selling price. Because here everyone wants profit so if a certain amount of profit can satisfy someone then it is their own strategy. Bitcoin is a life changer, Bitcoin can change an investor's life as we have seen in past bull markets. So the most important thing here for me is that I haven't set any target yet, so I think about taking decisions based on market conditions.
You don’t need to make a guess before you sell, all you have to do is to set-up your target price and make sure that you are happy with the profit because you cannot chase the market always and you have to sell in order to satisfy yourself. Buying and selling is easy, and it will always depend on your choice and contentment, if you are happy with a 20% profit then so be it, don’t aim for a high one because it might not happen. Guessing before selling may be an option for those who want to keep it or sell it, this can be profitable or vice versa. I really agree with what you said if we have set a profit target then we are better off selling it because with the market conditions moving very fast then if we don't sell it there is a possibility that we will miss the opportunity to take profit and make us have to wait for it if we don't want to make a little profit.
|
|
|
|
traderethereum
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 05:38:59 AM |
|
--
Waiting for the price of $90k-$100k I think will take quite a long time, and you have to be patient for that, but regarding whether that will happen or the latest ATH I think a lot of people believe it will happen, even though in a slightly longer period of time. And indeed the right time for us to sell is when we really see the latest ATH (if we can be patient) or many people have different opinions, sell when we already have or have reached our target. If the selling price is what we want, we really have to be patient until the price reaches our target selling price. And even though that means we have to wait quite a long time, that's okay because while we wait, we can accumulate more bitcoins to increase the number of bitcoins. The price of bitcoin will rise in the future, although there is no certainty when that will happen, so we have to be more patient in waiting for it. When the Bitcoin price reaches the target selling price, immediately sell it, even if not all of it, because we don't know if the price can stay at that price or will immediately decline due to a correction. So use the time to sell at the price we want.
|
|
|
|
Woodie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 06:25:14 AM |
|
The problem with us humans is that we like to copy what others are doing, you here someone doing the DCA strategy we want to jump on it, we watching several whale wallets and the second coins move we also think that's the signal to sell...
Tbh if we want to survive the crypto markets, we need to find what works for us and for me I believe if you bought or caught a low you should sell at a premium when everyone is talking about the bull run, better yet use technical analysis to determine when to buy and when to sell and this way you get better ROI than waiting for an ATH or something.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
WatChe
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 07:19:49 AM |
|
The problem with us humans is that we like to copy what others are doing, you here someone doing the DCA strategy we want to jump on it, we watching several whale wallets and the second coins move we also think that's the signal to sell...
Tbh if we want to survive the crypto markets, we need to find what works for us and for me I believe if you bought or caught a low you should sell at a premium when everyone is talking about the bull run, better yet use technical analysis to determine when to buy and when to sell and this way you get better ROI than waiting for an ATH or something.
What strategy works for other may or may not works for me. That's why its best to create your own strategy and that can created only after you spend time and effort exploring the crypto market. What I have learned from my experience is that there is no way we can predict the future price of bitcoin. Accumulate Bitcoin when you think its best and don't hesitate in selling whenever you are getting adequate profit. TA/FA are good things to follow but also fail very often in volatile crypto market.
|
|
|
|
fuguebtc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 08:56:18 AM |
|
The problem with us humans is that we like to copy what others are doing, you here someone doing the DCA strategy we want to jump on it, we watching several whale wallets and the second coins move we also think that's the signal to sell...
Tbh if we want to survive the crypto markets, we need to find what works for us and for me I believe if you bought or caught a low you should sell at a premium when everyone is talking about the bull run, better yet use technical analysis to determine when to buy and when to sell and this way you get better ROI than waiting for an ATH or something.
What strategy works for other may or may not works for me. That's why its best to create your own strategy and that can created only after you spend time and effort exploring the crypto market. What I have learned from my experience is that there is no way we can predict the future price of bitcoin. Accumulate Bitcoin when you think its best and don't hesitate in selling whenever you are getting adequate profit. TA/FA are good things to follow but also fail very often in volatile crypto market. I don't even believe in technical analysis, I'm not saying they're useless but they really don't work well in this volatile market. @Woodie, if you believe that relying on technical analysis will help you find the right time to buy and sell bitcoin, do you analyze $15k as the bottom of bitcoin and you bought it last year? Because when bitcoin went down to $15k, I saw a lot of people screaming that it was going to go down to $12k and that was the bottom where they would start buying. But those people ended up buying bitcoin at a higher price, while those who implemented the DCA strategy bought bitcoin at $15k.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|