Good time to sell?

[Dr.Bitcoin_Strange]

but well there are always conditions that will force us because of urgent needs maybe. That's the point, I think everyone has their own perspective in making every decision that they think is best.

Coincidentally, this time around, I am fond of saying that "we are all different people." And everyone has their needs and some immediate financial problems that they need to solve, but as we frequently discuss the investment strategy of Bitcoin, it becomes obvious that some people personally put themselves in a financial dilemma because of how they either overinvested in Bitcoin or did not invest what they know they can hold for a long time. Some people invest, and they don't allocate some funds as emergency funds so that any time needs arise, they will not have to sell their crypto asset.

We invest towards the future, so that when we reap our profit, we could use it to solve some needs, and like you said (I agree with you), some people pass through some challenges that force them to sell their assets, like health issues or some issues when the person is at the point of life and death. If selling one's asset more quickly than speculated is the only solution to the person's problem, then it's not a bad decision to sell off. Perhaps we invest so our investment can save the day someday.

[FinneysTrueVision]

I don't have any intentions of selling anytime soon but if I did it would not matter if it was at the peak of a bull run or when prices had started to decline. As long as I sell at a significantly higher price than at the time the BTC was acquired I would be satisfied.

A lot of people say that, but I have my doubts if you'd be satisfied if you bought in at $10k, sold at $20k just to witness BTC going to say $250k. It makes every sense to try to figure out how to maximise your profits i.e. by using metrics that people mentioned in this thread.
During the 2017 rally, I sold a lot of my stash at 4-6k, if I waited just a little bit longer I could get x3 that. It didn't feel like a win.

Bitcoin has not had a 25x price growth in many years. If that was my target then I could probably sell today and easily earn it all back and a lot more before seeing that sort of opportunity. I've been through this many times before. I held some ETH in its early days. I held Doge when it was less than a cent and only made about 100x profit when it could've been 1000x. There is almost always a better time to sell, maybe not for some shitcoins but for BTC this is always the case. I don't really have any regrets because bear markets will always return to provide us with an opportunity to recover.

[bayu7adi]

Bitcoin has not had a 25x price growth in many years. If that was my target then I could probably sell today and easily earn it all back and a lot more before seeing that sort of opportunity.

Certainly, it has happened. If you bought Bitcoin in early 2017 and sold it today, on September 24, 2023, it's already x25 increase. That's within a 6-year time span. Even if you sold it on November 5, 2021, your asset would have multiplied by x60 within just 4 years.

The higher the volatility of crypto assets, the greater the potential for profit multiplication. However, remember that market trends can also move in the opposite direction of profit, and I believe you already understand the associated risks.

[popcorngolf]

in my opinion this is the good time for buy not for sell , i advise people to stop listen to news about crypto especially bad news about bitcoin because bitcoin will go up everytime . sell bitcoin now is a bad idea , more good events will come for bitcoin very soon , every traders or investors should forgot about sell because the current prices very very low
 

[Sebas.tian]

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?

Once the price of Bitcoin increase above $50,000 in the market, show that am good to release my Bitcoin for sale and it will help me to make profits I have never make before in my Bitcoin investment, because every of my Bitcoin holding, I aways make progress by increasing my profits. Now that the end of the year is approaching and many holders need money to finance their budget so that Christmas and new year celebration will be a beautiful one in their various environment, I don't think they will joke with the next move of the price of Bitcoin because the price will definitely increase higher before the end of this year. If you have some Bitcoin to sell now, I will advise you to exercise patience with the current price by holding for the price to increase higher before you can sell.

[martinex]

I will sell it when the price of bitcoin rises above 100k. After Bitcoin is worth 100k, I will enjoy selling half of my investment profit and keep the other half for the next bull market. No matter how late it takes for Bitcoin to reach 100k, I will sell it as soon as it reaches 100k. And I know that it won't be too late for Bitcoin to hit 100k.

Don't change your mind in the middle of the trip. Yes. it took a long time to reach that price. If many people support it and the FUD News about BTC disappears for a moment it will be easy and the FED will be calm and no longer busy with events such as interest rate rationalization and other agendas. Currently, many market players are probably tired of seeing market conditions because most of them are waiting for information from the government.

[sana54210]

Well, yeah, like you said, it's very difficult to specifically know the price of Bitcoin in the next bull market. People can only speculate on the price, but that doesn't mean that it's going to be so. And in the aspect of selling one's Bitcoin asset, well, you know that every investor, be it in Bitcoin or other assets, has their own individual goals, which are usually different, so some people can decide to sell so early at any price they feel they are ok with, while others will keep holding for the next and upcoming bull market. For me, I have some goals I want to archive, but the way I planned it, I can only archive them if Bitcoin spikes and gives me a huge profit that can be used to settle them. But again, even if the Bitcoin price spikes today, I definitely will not sell everything at once; it's just to sell a few fractions of my holding.

But as time goes by it doesn't mean we have to stay silent by just speculating and waiting, I think we should be able to take more advantage of every condition, just like bitcoin which is very volatile there and that means we shouldn't waste any time or opportunity we have to keep learning because bitcoin will continue to grow and we also as investors must be able to keep up with the new things that arise from bitcoin by continuing to learn from various best references according to you. Well on the other hand I understand that indeed every investor must have the best way and planning to be able to achieve their respective goals, and of course because of that we can see some of them who are always firm and follow the plan and there are also those who even stop halfway because for example there is something more important for example so they sell some of their bitcoin at a time that can be said to be less appropriate or even a little loss.

Yes and indeed I think all bitcoin players should be able to stick to their stance to get bigger profits, like you said, you will never want to sell if it is far from the target you have set, but well there are always conditions that will force us because of urgent needs maybe. That's the point, I think everyone has their own perspective in making every decision that they think is best.

That is hard for some people because they do not end up getting what they want out of this. I feel like it's a tough thing to handle and I understand why that would be a bad feeling as well, it's totally understandable and should be considered as a good thing. I believe that we are going to end up with something that would be a lot better, I think it should be something that would be a lot better but also a tough one.

People can't just buy and hold, there are many reasons for it, there could be bills to pay, emergency, just fear, there are plenty of reasons really. I do agree that they should, and I am sure that half of all the people who sold do agree that they shouldn't, but they had to and that's a valid reason.

[carlfebz2]

Well, yeah, like you said, it's very difficult to specifically know the price of Bitcoin in the next bull market. People can only speculate on the price, but that doesn't mean that it's going to be so. And in the aspect of selling one's Bitcoin asset, well, you know that every investor, be it in Bitcoin or other assets, has their own individual goals, which are usually different, so some people can decide to sell so early at any price they feel they are ok with, while others will keep holding for the next and upcoming bull market. For me, I have some goals I want to archive, but the way I planned it, I can only archive them if Bitcoin spikes and gives me a huge profit that can be used to settle them. But again, even if the Bitcoin price spikes today, I definitely will not sell everything at once; it's just to sell a few fractions of my holding.

But as time goes by it doesn't mean we have to stay silent by just speculating and waiting, I think we should be able to take more advantage of every condition, just like bitcoin which is very volatile there and that means we shouldn't waste any time or opportunity we have to keep learning because bitcoin will continue to grow and we also as investors must be able to keep up with the new things that arise from bitcoin by continuing to learn from various best references according to you. Well on the other hand I understand that indeed every investor must have the best way and planning to be able to achieve their respective goals, and of course because of that we can see some of them who are always firm and follow the plan and there are also those who even stop halfway because for example there is something more important for example so they sell some of their bitcoin at a time that can be said to be less appropriate or even a little loss.

Yes and indeed I think all bitcoin players should be able to stick to their stance to get bigger profits, like you said, you will never want to sell if it is far from the target you have set, but well there are always conditions that will force us because of urgent needs maybe. That's the point, I think everyone has their own perspective in making every decision that they think is best.

That is hard for some people because they do not end up getting what they want out of this. I feel like it's a tough thing to handle and I understand why that would be a bad feeling as well, it's totally understandable and should be considered as a good thing. I believe that we are going to end up with something that would be a lot better, I think it should be something that would be a lot better but also a tough one.

People can't just buy and hold, there are many reasons for it, there could be bills to pay, emergency, just fear, there are plenty of reasons really. I do agree that they should, and I am sure that half of all the people who sold do agree that they shouldn't, but they had to and that's a valid reason.

You wont really be putting up yourself into a situation or condition if you do really just make use of the amount which is extra or something that it isnt really intended for emergency funds or something that really

in priority because this would really be mainly be affecting you whenever you do see the market is making out some shit movement or totally opposing on what you had placed.This is why it would really be
that just important that you should really know about those differences so that you would really be able to make yourself having that control and dont lost up track due to emotions.
Selling points would really be that common on which it would be pertaining about those higher prices on where you have entered.

Buy high Sell low concept? Yes, this is the basic principle of trading but its not really that something simple on which you could really be able to do so easily.
Selling out on higher price but how to make out those buying positions? This is where struggle do starts but if you cant bare up with the risks and the pressure then people
would be having other options too on which they could just simply hold for long term.

[pawel7777]

I will sell it when the price of bitcoin rises above 100k. After Bitcoin is worth 100k, I will enjoy selling half of my investment profit and keep the other half for the next bull market. No matter how late it takes for Bitcoin to reach 100k, I will sell it as soon as it reaches 100k. And I know that it won't be too late for Bitcoin to hit 100k.

What's so special about 100k? Why not 99k or 110k? People like round numbers, but every trader should be cautious of such to not get caught in a psychological trap. If you're truly hoping to cash out at that level, it would make every sense to set your selling price at least a little bit bellow the 100k mark.

[JohnBitCo]

Bitcoin has not had a 25x price growth in many years. If that was my target then I could probably sell today and easily earn it all back and a lot more before seeing that sort of opportunity. I've been through this many times before. I held some ETH in its early days. I held Doge when it was less than a cent and only made about 100x profit when it could've been 1000x. There is almost always a better time to sell, maybe not for some shitcoins but for BTC this is always the case. I don't really have any regrets because bear markets will always return to provide us with an opportunity to recover.

Yes, this is a very good time to sell Bitcoin. This is the time of the going up of Bitcoin. Bitcoin's price is around 26,000 dollars and 28,000 dollars. This is a great opportunity to sell Bitcoin, don’t wait for Bitcoin to go more up, sell the Bitcoin in the current situation. It’s better for you.

But for us, we are not selling until we see a $100,000 bitcoin 

[Xcode7]

Bitcoin has not had a 25x price growth in many years. If that was my target then I could probably sell today and easily earn it all back and a lot more before seeing that sort of opportunity. I've been through this many times before. I held some ETH in its early days. I held Doge when it was less than a cent and only made about 100x profit when it could've been 1000x. There is almost always a better time to sell, maybe not for some shitcoins but for BTC this is always the case. I don't really have any regrets because bear markets will always return to provide us with an opportunity to recover.

Yes, this is a very good time to sell Bitcoin. This is the time of the going up of Bitcoin. Bitcoin's price is around 26,000 dollars and 28,000 dollars. This is a great opportunity to sell Bitcoin, don’t wait for Bitcoin to go more up, sell the Bitcoin in the current situation. It’s better for you.

But for us, we are not selling until we see a $100,000 bitcoin 

Whether or not the time to sell is right depends on the initial target that we have set. If we look at the Bitcoin price which is always moving, of course there are all possibilities for us to be able to make big or small profits, but it all comes back to the target of the planning that we have done. .

And for those people who are waiting for $100k I think it is quite logical considering the possible possibilities that many people are talking about about the Halving and the next ATH, I am also waiting for that.

[inthelongrun]

On bitcoin, it is best to hold long-term. But if someone needs funds selling a portion of it in 2025 is reasonable enough. In the meantime, I quit trading so I also stopped using indicators. But I might sell part of my holding when bitcoin reaches the previous ATH of $67k and then once again around $95k. In the previous bull runs I waited too much which was $20k in 2017 and $70k in 2021. It didn't happen so I will be a little conservative this time. But it is still better to use indicators and I might also trade again during that time.

[posi]

Bitcoin has not had a 25x price growth in many years. If that was my target then I could probably sell today and easily earn it all back and a lot more before seeing that sort of opportunity. I've been through this many times before. I held some ETH in its early days. I held Doge when it was less than a cent and only made about 100x profit when it could've been 1000x. There is almost always a better time to sell, maybe not for some shitcoins but for BTC this is always the case. I don't really have any regrets because bear markets will always return to provide us with an opportunity to recover.

Yes, this is a very good time to sell Bitcoin. This is the time of the going up of Bitcoin. Bitcoin's price is around 26,000 dollars and 28,000 dollars. This is a great opportunity to sell Bitcoin, don’t wait for Bitcoin to go more up, sell the Bitcoin in the current situation. It’s better for you.

But for us, we are not selling until we see a $100,000 bitcoin 

Whether or not the time to sell is right depends on the initial target that we have set. If we look at the Bitcoin price which is always moving, of course there are all possibilities for us to be able to make big or small profits, but it all comes back to the target of the planning that we have done. .

And for those people who are waiting for $100k I think it is quite logical considering the possible possibilities that many people are talking about about the Halving and the next ATH, I am also waiting for that.

Those who can afford to hold until the next bull season will only sell when bitcoin makes a new ATH, which is something to celebrate because the profits will then be much larger. But I also don't see anything wrong with someone selling bitcoin now if they have a good reason given their circumstances or it's a goal they set years ago. The best time to sell bitcoin is to sell at the target we set, not at the highest price because no one can know what the highest price is.

I'm also waiting for bitcoin's new ATH but I'm not waiting for $100k, I will only sell when bitcoin reaches my target. I think an ATH of $100k in the next bull season is quite modest and I expect $150k or more, I will sell the majority of my bitcoin.

[uswa56]

On bitcoin, it is best to hold long-term. But if someone needs funds selling a portion of it in 2025 is reasonable enough. In the meantime, I quit trading so I also stopped using indicators. But I might sell part of my holding when bitcoin reaches the previous ATH of $67k and then once again around $95k. In the previous bull runs I waited too much which was $20k in 2017 and $70k in 2021. It didn't happen so I will be a little conservative this time. But it is still better to use indicators and I might also trade again during that time.

If you have known Bitcoin for a long time, you should be wiser in determining when to sell, and as you say is quite true and the reasons are very strong.
It is very possible for bitcoin to reach its latest price peak and if we look at the many speculations from experts and look at what has happened in the past then I think there is no need to doubt anything, so if this Bitcoin investment is quite promising then there is no reason to release it early if it is not due to urgent needs or other things beyond your control.

[bounceback]

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?

For me personally, whenever it looks profitable then that's the right time to sell, so far I often sell or buy in stages because for me this method allows me not to miss any momentum that occurs in the market and using this method may be a little better than targeting the peak price because sometimes when it has risen to the highest peak it will encourage investors to become greedy so they don't immediately release their bitcoin at that price, they hope there will be an even higher peak than that, lucky if the market moves according to expectations but if not it will cause regret.

[AliMan]

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?

If I were to decide those days that I still have Bitcoin at my wallet, maybe I shouldn't sell it until the time bullrun hits during pandemic. There no specific goals or targets can be established, because Bitcoin is certainly unpredictable and that's a legit scenario. Everybody was shocked during those old days, and if I could turn back time holding bitcoin will be my most priority. Nowadays, I'm financially drowned because of wrong decisions I've made of my crypto assets during the peak of coins and altcoins.

[Kelvinid]

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?

For me personally, whenever it looks profitable then that's the right time to sell, so far I often sell or buy in stages because for me this method allows me not to miss any momentum that occurs in the market and using this method may be a little better than targeting the peak price because sometimes when it has risen to the highest peak it will encourage investors to become greedy so they don't immediately release their bitcoin at that price, they hope there will be an even higher peak than that, lucky if the market moves according to expectations but if not it will cause regret.

At least you make a profit and feel contentment in just small amounts. Playing the market volatility is a smart idea and are able to make more profit rather than just holding and waiting for the next bull season. Indeed, I play the same as you and I take the opportunity to sell them in the moment that the price goes high. I would tell you that the volatility of the market helps a lot, it is our advantage in generating a profit but, it also need to study it well as this will be a reason for our losses if we make a mistake.

[Onyeeze]

I will sell it when the price of bitcoin rises above 100k. After Bitcoin is worth 100k, I will enjoy selling half of my investment profit and keep the other half for the next bull market. No matter how late it takes for Bitcoin to reach 100k, I will sell it as soon as it reaches 100k. And I know that it won't be too late for Bitcoin to hit 100k.

Some investors doesn't rush and sell out their coins, they only wait and make sure that their coins grow before selling, when you sell your coin will indicates how much profits you make for your investment, when you invest with a money you did not plan to cash it out anytime or have it back anytime you will on your own allow it to stay till when you will make profit, bitcoin investment have to be mature for the investor to make profit through target, when you don't have a particular time in mind you will not know when to cash out your funds

[Hamphser]

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?

For me personally, whenever it looks profitable then that's the right time to sell, so far I often sell or buy in stages because for me this method allows me not to miss any momentum that occurs in the market and using this method may be a little better than targeting the peak price because sometimes when it has risen to the highest peak it will encourage investors to become greedy so they don't immediately release their bitcoin at that price, they hope there will be an even higher peak than that, lucky if the market moves according to expectations but if not it will cause regret.

At least you make a profit and feel contentment in just small amounts. Playing the market volatility is a smart idea and are able to make more profit rather than just holding and waiting for the next bull season. Indeed, I play the same as you and I take the opportunity to sell them in the moment that the price goes high. I would tell you that the volatility of the market helps a lot, it is our advantage in generating a profit but, it also need to study it well as this will be a reason for our losses if we make a mistake.

Profit is profit and no matter how small it is as long it would really be that positive or green then make yourself get contented with that. Dont make yourself that been dragged with those regrets and hesitations on the time that you do see the price shoots up even more because it do really  give out that kind of odd and regret feeling which it isnt something ideal because it would really be causing that kind of impulsive approach which might cause up some mistakes and errors towards with your future decisions in your trading which i would say that it would really be just that bad.
Good time to sell would always be pertaining about those positive gains and never ever consider yourself on making those panic selling or sell on lose because there's no way that you could really be able to get it back
unless if you do hold your position then it would really be ideal on doing such thing but if not then you would be suffering losses which recovery might took long. This is why its always that important that you should
really be wise on when to take some entry and when to make some exit basing up on the market condition or situation.

[Captain Corporate]

I agree, if you are in profit that would make sense but that doesn't mean that we are not going to end up with something that would benefit everyone, it would lead to something that you would regret on the short term. I personally believe that the best thing to do would be making sure that its going to end up with some losses one way or another, and that means you are not going to end up with a good result all that easily, so you should try to avoid it if possible. If you can hold, even while you are in profit, that would be better if the price keeps going up, you just need to make sure that its still going up and not really going down, which is a hard thing to do but can be done.