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wilsder (OP)
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February 28, 2024, 02:11:32 AM
 #1

hello is this the right time to sell these btc or wait for the halving
Oshosondy
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February 28, 2024, 06:57:32 AM
 #2

If you can wait till 2025, you will have more ROI. Do not sell your coins. We are still going to all-time-high and also six digits. At least $100000 would be gotten to in this bull run and that is almost twice the price of this bitcoin present price. It would be good for you to wait and not sell.

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FatFork
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February 28, 2024, 10:02:02 AM
 #3

hello is this the right time to sell these btc or wait for the halving

Timing the market just right is almost impossible.  Even experts can't predict what Bitcoin's price will do around the halving and  the best plan for most people is to not try timing things at all.  Instead, make a solid strategy and stick to it in the long run.  Whether that's holding Bitcoin long-term, dollar-cost averaging over time, or something else that fits your goals. 

Theres no definitive right moment to sell or buy that anyone can tell you.  So many factors influence Bitcoin's volatile price - the halving, global economics, regulation, tech developments, whales manipulating things.  With so much complexity clinging to a consistent gameplan tends to work out better than reacting to every market move. 

Sure, the 2024 halving might spark a new surge eventually.  Or not.  No one knows for sure.  But obsessively trying to sell the top and buy the bottom is stressful and unlikely to succeed.  Have a reasoned plan for what makes sense for your situation rather than getting caught up in the endless speculation.

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tertius993
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February 28, 2024, 10:14:01 AM
Merited by JimboToronto (1)
 #4

hello is this the right time to sell these btc or wait for the halving

Timing the market just right is almost impossible.  Even experts can't predict what Bitcoin's price will do around the halving and  the best plan for most people is to not try timing things at all.  Instead, make a solid strategy and stick to it in the long run.  Whether that's holding Bitcoin long-term, dollar-cost averaging over time, or something else that fits your goals. 

Theres no definitive right moment to sell or buy that anyone can tell you.  So many factors influence Bitcoin's volatile price - the halving, global economics, regulation, tech developments, whales manipulating things.  With so much complexity clinging to a consistent gameplan tends to work out better than reacting to every market move. 

Sure, the 2024 halving might spark a new surge eventually.  Or not.  No one knows for sure.  But obsessively trying to sell the top and buy the bottom is stressful and unlikely to succeed.  Have a reasoned plan for what makes sense for your situation rather than getting caught up in the endless speculation.


Who are these experts of which you speak ... everyone is just guessing ...  Grin
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March 01, 2024, 06:54:59 PM
 #5

I will advise you to sell your BTC in this current price because, you don't know what will happen next to the market and it can make you lost plenty profits but now that the price of BTC has hit $62k, why can't you take profits and wait for bear run to come before you can buy again to accumulate your profits in the future.

I don't know your target in this bull run, but if you are looking for big profit to earn in this season, you have to wait till next month and before then the price will hit $100k and it will allow you to achieve your target.

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March 01, 2024, 07:04:54 PM
Merited by JimboToronto (1)
 #6

Is the profit needed now because of an urgent event? If yes then please sell but if you can still afford to HODL why sell before the halving?

We know it will soon be a bullish moment in the next few months, this is a guess if you believe in the prospect of bitcoin rising then wait and it won't be long, but it's back to you where you decide.

We will continue to HODL until the price really touches ATH again. This we will wait for.

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mk4
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March 01, 2024, 07:11:08 PM
Merited by JimboToronto (1)
 #7

You tell us — why do you need to sell so hastily for? If it's something very important, then go ahead. But if you're actually here to "invest", then why sell immediately? And why ask as if we know for sure what's going to happen in the future lmao.

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FinePoine0
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March 03, 2024, 04:44:13 AM
 #8

hello is this the right time to sell these btc or wait for the halving

Bitcoin halving will take place in April 2024, just 52 days away. If the halving takes place Bitcoin price is likely to be dumped so we should be patient for now. Bitcoin market dumping occurs after or before every Harbin, creating opportunities for investors to invest. An opportunity arose at the end of January when Bitcoin came to $38k from $48k. So for those who haven't bought bitcoins yet there may be an opportunity (don't know if it's true) but that will have to wait. Bitcoin fertilizer market in 2025 is likely to see the highest Bitcoin price growth in this market. which has evidence of earlier halvings.
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March 03, 2024, 06:12:01 AM
Merited by fillippone (1)
 #9

Is the profit needed now because of an urgent event?
If your have no financial pressure you can hold your asset and cryptocurrency like BTC believe in the long term potential.Holding strategy might be beneficial for investors and aligns the value of asset must increase over time.
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March 03, 2024, 09:20:29 AM
 #10

There are two possibilities as price either breaching the previous ATH and yielding more profits if you hodl on for a while or it dropping down as a market correction but remaining stable around the current price is difficult due to the events lines up. In order to not regret selling at lesser if market pumps or regretting that you could have sold if market drops. I would suggest to place a SL order in case if this is something urgent or emergency but if that's not the case then hodl up till bull run.

This is not an advice but just a thought what I would have done in this situation.

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moneystery
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March 03, 2024, 09:36:32 AM
 #11

hello is this the right time to sell these btc or wait for the halving

it's up to you whether you want to sell now or not. if you are impatient and want to make a profit quickly, then you can choose to sell your bitcoin now. however, if you are patient and want to get more profit than you currently have, then you can hold off for the next few years. because the price of bitcoin is predicted to be higher than it is now and holding it any longer is a pretty good decision.

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March 03, 2024, 09:58:58 AM
 #12

Actually it depends on you that are you accepting little profit or are waiting more for more profit. You can sell at 62k$ after calculating your profit based on your buying price but if you wait more until halving then it will be more suitable for you.

We don't know that what will be the new ATH but there is a prediction made by expert that price will touch 100k$ which implies to the fact that you should not sell your bitcoin now and wait to achieve the benefits from new ATH price.



 

 

 

 

 

 


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Moreno233
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March 03, 2024, 10:04:30 AM
 #13

hello is this the right time to sell these btc or wait for the halving
The title of your post and the body are not in agreement. Maybe you should do better in choosing a title for your post, as a newbie it will help you learn and grow in the forum. To put it right, crypto is not the right word to use in describing Bitcoin and I doubt if such word is right even though it was developed as a short form of saying cryptocurrency. Using that word to describe Bitcoin is totally wrong because Bitcoin is popular enough to retain its name.

Talking about selling, why do you want to sell your Bitcoin now when we have BTC halving next month? I do not see any rationale for doing so because it could actually make you miss out on the bigger moves. Now is never the best time to sell unless maybe you have reached your targeted price.











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March 03, 2024, 10:58:37 AM
 #14

hello is this the right time to sell these btc or wait for the halving
If you can wait wait for not just halving but wait till when the price have done at least 2 times from its ATH, that time you will be rest assured that you have killed the big fish because the reward for your waiting will really be swimming in your wallet.

Sometimes during the halving period or just after the halving their is always some price drop in bitcoin which can lead to you not getting the profit you are expecting to get from it, like the price might even drop below what you have seen it to be at.

But after sometime we are likely to see the market move in a positive direction again, so if you are not in a hurry to make use of the money just hold the bitcoin till when the price have reach at least $150,000 which is certain by 2025.

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March 03, 2024, 09:36:26 PM
 #15

I’m actually a newbie, but I do have few knowledge about the present condition of bitcoin, please wait until bull run it’s over that is 2025 then you cancel if there is any way you come avoid selling or maybe you need money or something I would advice you not to sell for now keep your bitcoin, store it, you would definitely smile at the end and obviously Bitcoin we eat more than hundred 100k
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March 03, 2024, 09:47:30 PM
 #16

hello is this the right time to sell these btc or wait for the halving
Simple: Sell when you need money, HODL when you don't.

It is certain that many people will advise to hold it because it will be a little closer to the bullrun moment that investors are waiting for, including those of you who are still holding it.

Let's be honest: It's a pity to sell now considering the price has risen by half, will you be desperate later? Think about it again, I won't force you if your financial pressure is urgent in the near future so do what you think is best.

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March 03, 2024, 10:49:14 PM
 #17

hello is this the right time to sell these btc or wait for the halving
If you are in need of money for medication or any important matter then what's more important to you? Life or money? But if you're not in that type of situation, ask yourself if you need that money now and what makes you hurry to sell? Since you've mentioned to wait for the halving then we'd all say that it's the latter. The halving isn't there yet and all you need to wait is for it to happen and then let Bitcoin move on its own for the next several months to come up to next year. If you sell now, are you going to regret when you see the price of Bitcoin soars? For sure that you will because many of us did but the difference is about the usage of the profit and where you allocated that. If it's with a great purpose, no regrets and sell at any time you wish.

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March 04, 2024, 11:20:34 AM
 #18

hello is this the right time to sell these btc or wait for the halving

Depends,

1. What is your entry price when you invest on bitcoin?
2. Do you need the money right now?

There is no such requirement to sell, but if you're looking to make more profits, then it might be better to sell after the halving.
Or like the rest of us here, waiting for at least 6 digits as this is the prediction, $100k conservative estimate, but then there are who also see extremes like going $180k-$200k. Best of luck on what will be the decision, we can also give you that advise, still up to you to decide to sell or wait.

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March 06, 2024, 03:08:55 AM
Merited by JimboToronto (1)
 #19

hello thank you everyone who responded to me =)
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March 10, 2024, 04:14:17 PM
 #20

Quote from: wilsder
hello thank you everyone who responded to me =)
You're always welcome OP, that is why we are here to share ideas together to ensure everybody in the forum is happy with what they are getting from the market, but if only one person is the one surviving from the crypto market, it will make other people not to have interest on crypto investment.

I believe the advise people gave to you on this trend, make you to visit the market to take your profits from the bull run because the BTC price is coming close to $70k and the moment it get to $70k, I guess people will begin to see changes in the price of BTC that will make people to believe that bear season is very close to the market.

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