Is now a good time to sell or buy bitcoin?

[AirtelBuzz]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

Deciding which is the right time to sell or buy bitcoins will depend on the market as a whole and the timing of the investment in which the bitcoins were purchased. But it is natural for someone to sell bitcoins if he thinks his investment has brought him profit and if he thinks his bitcoins have not brought him profit so far then he must hold until the profit comes.

If anyone is considering the best time to invest in Bitcoin, I would say it is always the best time to buy Bitcoin. There may not be any fixed time to buy bitcoins as you can buy and invest if you have enough money to buy bitcoins. If necessary, you can buy small amounts of bitcoins to increase your investment portfolio, i.e. can invest regularly using DCA strategy. But yes we can guarantee investment sales. When we start investing set a time frame and we invest with a goal. Our only objective in investing is to make profit. If the invested currency reaches our target price then we are ready to sell the investment. But It should be hold patiently till it is able to earn profit from the investment.

[dezoel]

The best time to buy Bitcoin have passed for now and unless the price of bitcoin correct backward again to give such an opportrunity, but if you are talking about selling bitcoin, then that means this is the best time to sell your bitcoin since at some level if you bought bitcoin at a price rang around $45, 000 to 50,000 or even 55,000, you are already at a massive profits already and so selling at the current price makes you cash out at ease.

But also know that bitcoin have the tendency to reach a price of 70,000 or even above that price in the coming days and weeks.

If we look at the last ATH of Bitcoin, I would say that it is still profitable to buy Bitcoin because Bitcoin has already gone to $73k and it will go back to $73k and maybe above $80k. People who haven't bought Bitcoin yet can buy it, but those who already have Bitcoin and haven't sold at $70k or above will not be a good choice to sell at this time. Wait for some time and hold again until ATH.

In the coming days, which direction the market will go and how much profit or how much loss there will be, only the coming time can tell, we can only talk based on our knowledge and predict based on our understanding of the market.

Another thing is that holding or selling bitcoins is up to each person's circumstances. Any trader who has more money and can hold it for a longer period should hold bitcoins. But, traders with less investment should sell if it is in profit. It is the personal choice and decision of each trader.

[justdimin]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

If someone is not investing in bitcoins at the moment, they can buy bitcoins from this market and invest. And if they have invested in bitcoin long ago at a low price, they can hold it. I don't advise them to sell bitcoin. But at the moment, no one will be worried by the market condition, if everyone invests patiently and keep that investment, it is expected that the market will grow very soon. Many may be worried about the dumping situation in the market but it is only temporary. I am not worried at all about my bitcoin investment I always think I can achieve something good in the future.

I would say it doesn't matter if you have some right now or none at the moment, you can buy bitcoin at the moment and you can do a lot better. I believe that the best thing to do right now would be just focusing on what you can do, and because that would not be all that easy to handle if you keep on buying and the price doesn't go down, it may go down or it may go up.

We need to make sure that it is going to be something that we can handle it all, and that's the key here. All we can do at the moment would be just buying and doing the best we can do and because of that we need to consider that buying at the moment and keep on buying more and more. The more we buy, the more we will profit when the price finally goes up at the right time.

[348Judah]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

If the market is going bearish and we are interested in making an investment in crypto does not make it a guarantee of using that same time to invest, but instead, we can start from doing the needful about making research and observing the market trends before investment is made, then after making a thorough speculations, we may choose to make use of a particular Invesment strategy like that of DCA and invest starting from the little we could afford.

[EarnOnVictor]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

My philosophy about Bitcoin has changed, I will not follow the majority anymore but my long years of experience in investments. As for your question, the best time to sell your coin is when your analysis says so, and the best time to repurchase is when your analysis says so. Forget about the endless HODLing, it may not work much anymore especially if you invest a small amount.

I advise you to locate a low price to reasonably buy the coin and know the high price to divest it and continue repeating that process for regular gains. You can do this by building your speculative skills and not following people's advice blindly. However, HODLing is still good for those who have decades' vision about Bitcoin, but I still wonder how much they would earn in the end. I am certain it will be little compared to my earlier advice.

[jaberwock]

If we look at the last ATH of Bitcoin, I would say that it is still profitable to buy Bitcoin because Bitcoin has already gone to $73k and it will go back to $73k and maybe above $80k. People who haven't bought Bitcoin yet can buy it, but those who already have Bitcoin and haven't sold at $70k or above will not be a good choice to sell at this time. Wait for some time and hold again until ATH.

In the coming days, which direction the market will go and how much profit or how much loss there will be, only the coming time can tell, we can only talk based on our knowledge and predict based on our understanding of the market.

Another thing is that holding or selling bitcoins is up to each person's circumstances. Any trader who has more money and can hold it for a longer period should hold bitcoins. But, traders with less investment should sell if it is in profit. It is the personal choice and decision of each trader.

Yes, I mean the buying part, if we could keep on holding then we are going to do fine, there is really nothing that we can do to prevent that part and we should be trying to keep holding it as much as we possibly could, that's the most important part.

I believe that we are going to make some good profit if we could just keep trying our best, and most importantly we are going to end up with a good result if we just wait for even more. I think 100k+ is possible, the halving happened and the cycle is on full display and it should do fine, we even broke ATH once, and I think we are going to do it again, we just need some more time and I bet that it will happen, so buying and waiting a few more months should be a good idea.

[ShowOff]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

If the market is going bearish and we are interested in making an investment in crypto does not make it a guarantee of using that same time to invest, but instead, we can start from doing the needful about making research and observing the market trends before investment is made, then after making a thorough speculations, we may choose to make use of a particular Invesment strategy like that of DCA and invest starting from the little we could afford.

Usually the market never waits when you are ready, but the market is always ready to accommodate your interest in investing. Analyzing too deeply will only make you more doubtful about when is the right time to invest, especially in Bitcoin. I don't recommend you think about it too long. If you have a budget, then prepare a purchasing strategy including DCA and you should buy it immediately.

Analysis can certainly help you, but don't let the analysis you do make you fall into doubt. Bitcoin will be more expensive in the long run and it is likely that you will get a commensurate return even if you buy it at the current price. So don't have any doubts about the future of bitcoin, you just have to be ready for all the risks.

[wahyuagung26]

If anyone is considering the best time to invest in Bitcoin, I would say it is always the best time to buy Bitcoin. There may not be any fixed time to buy bitcoins as you can buy and invest if you have enough money to buy bitcoins. If necessary, you can buy small amounts of bitcoins to increase your investment portfolio, i.e. can invest regularly using DCA strategy.

 When predicting too much when the right time to take action to buy bitcoin, to be honest this is not efficient for an investor to do, because we think Bitcoin can be bought at any time and it is like continuing to do DCA in making purchase transactions, but sometimes those in the crypto scope are not all of them make long-term investments, and for them they only see opportunities for them to buy and sell, these are those who choose the trading path by seeking profit at every moment of Bitcoin's movement.

[Fuso.hp]

Those of us who plan our investments for the long term will always advise investors to focus on buying rather than selling Bitcoins. We usually invest in our own strategy and we have the idea that we will invest whatever leftover money we have and just keep doing it. When I sell my investment but after the sale I have no expectation but when I have the investment I have the expectation that I will sell this investment at the highest price. That is why every investor should have specific goals. Just like I won't sell an investment until Bitcoin hits $100k, other investors like me should have such a long-term plan and have their own expectations. So from my background I would always advise the investor to focus more on buying rather than selling investments.

[Natalim]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

If the market is going bearish and we are interested in making an investment in crypto does not make it a guarantee of using that same time to invest, but instead, we can start from doing the needful about making research and observing the market trends before investment is made, then after making a thorough speculations, we may choose to make use of a particular Invesment strategy like that of DCA and invest starting from the little we could afford.

I actually depends on you. If you want to sell because you're in profits already, then sell. But if selling would mean losing your future profits, then just hold longer but continue DCA with bitcoin. It's important to note that you should know what you are doing, otherwise you will lose the opportunity to be in profits.

[lixer]

Those of us who plan our investments for the long term will always advise investors to focus on buying rather than selling Bitcoins. We usually invest in our own strategy and we have the idea that we will invest whatever leftover money we have and just keep doing it. When I sell my investment but after the sale I have no expectation but when I have the investment I have the expectation that I will sell this investment at the highest price. That is why every investor should have specific goals. Just like I won't sell an investment until Bitcoin hits $100k, other investors like me should have such a long-term plan and have their own expectations. So from my background I would always advise the investor to focus more on buying rather than selling investments.

This is true, we know what we want to do and because of that we are usually good at what we do. There is no reason to keep this going any further, and I know that a lot of people will question if buying all the time is a good idea and they will consider the bear period as something bad that you should sell, but at the same time I buy during the bear time too, so I never really worry about any drops, and neither should anyone else.

To be fair, if we all bought then how could it go down, so there must be some people who are not long term holders to make the price go down, so we long term holders could buy some of it, and make some money. I like it when people can't hold and sell, it gives me cheap discounted bitcoin to buy.

[Marvell1]

To be fair, if we all bought then how could it go down, so there must be some people who are not long term holders to make the price go down, so we long term holders could buy some of it, and make some money.

But if none of us sell bitcoins, how can we buy them? If you want to buy, you need to have sellers, so don't blame those who are selling bitcoin and say they are the reason the market is down.

The idea that everyone should just buy and hold and no one should sell is also a bad idea because then the market will stop working and even crash. A healthy financial market is one where there is always buying and selling, and that is how financial markets work.

I like it when people can't hold and sell, it gives me cheap discounted bitcoin to buy.

This may seem harsh but that is the nature of financial markets, if we want to buy bitcoin cheaper then we need to have more people selling their bitcoin in a panic. That's why I never wonder or feel confused when more people sell bitcoin every time the market corrects.

[Farma]

Those of us who plan our investments for the long term will always advise investors to focus on buying rather than selling Bitcoins. We usually invest in our own strategy and we have the idea that we will invest whatever leftover money we have and just keep doing it. When I sell my investment but after the sale I have no expectation but when I have the investment I have the expectation that I will sell this investment at the highest price. That is why every investor should have specific goals. Just like I won't sell an investment until Bitcoin hits $100k, other investors like me should have such a long-term plan and have their own expectations. So from my background I would always advise the investor to focus more on buying rather than selling investments.

When someone makes their investment plan for the long term, of course they will maintain the investment they currently have compared to selling it because if they decide to sell now, it is certainly not the right choice because we all strongly believe that the price of Bitcoin will increase in the next few months and continue to increase investment according to the funds that we are able to maintain in the long term so as not to be disturbed in running the investment because if we choose to use all the funds we have and do not leave funds for emergency needs, of course it will be very difficult to maintain investment in the long term because if we suddenly need the funds, of course we have to take the funds under any circumstances.

[erep]

I actually depends on you. If you want to sell because you're in profits already, then sell. But if selling would mean losing your future profits, then just hold longer but continue DCA with bitcoin. It's important to note that you should know what you are doing, otherwise you will lose the opportunity to be in profits.

Yes, everyone has different strategies in managing their assets but usually new investors are not ready to accept the market below the buying rate and they think selling is the best solution to buyback at a bearish market rate or they have made a profit target and they create a new portfolio at a low market price.

However, investors are already committed to holding the asset for the long term without considering short-term market movements, they have actually made 1x or even more than 2x profit at the current price but they do not cut their profits because they believe bitcoin will break ATH in the future.

[tygeade]

When someone makes their investment plan for the long term, of course they will maintain the investment they currently have compared to selling it because if they decide to sell now, it is certainly not the right choice because we all strongly believe that the price of Bitcoin will increase in the next few months and continue to increase investment according to the funds that we are able to maintain in the long term so as not to be disturbed in running the investment because if we choose to use all the funds we have and do not leave funds for emergency needs, of course it will be very difficult to maintain investment in the long term because if we suddenly need the funds, of course we have to take the funds under any circumstances.

People cutting their investment short and selling is definitely the wrong idea, they should try to figure out a way to make money some other way, would be a lot better result and we would have a good return without a doubt. Too may people keep doubting the situation and because of that they keep having issues.

I mean I get that it is not an easy decision, but that doesn't mean that we are going to end up with wrong moves at all times, we should be able to actually trust what we are doing and that's the most important fact. I know that it could be something risky and also the panic that people have is not for nothing, but if you keep selling anytime you are scared then you will never make any type of money at all.

[NicNacCoin]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

Now bitcoin price is down a bit if you have not invested then you can definitely invest because as per the past charts the market may go down till this September. However, according to the unique year chart, the Bitcoin market may move upwards from October. On the other hand if you have invested bitcoins and are in enough profit now then you can sell or if you hold then you will see a lot of success by 2025. Now it is your personal matter whether you hold your investment or sell it.

[mirakal]

Those of us who plan our investments for the long term will always advise investors to focus on buying rather than selling Bitcoins. We usually invest in our own strategy and we have the idea that we will invest whatever leftover money we have and just keep doing it. When I sell my investment but after the sale I have no expectation but when I have the investment I have the expectation that I will sell this investment at the highest price. That is why every investor should have specific goals. Just like I won't sell an investment until Bitcoin hits $100k, other investors like me should have such a long-term plan and have their own expectations. So from my background I would always advise the investor to focus more on buying rather than selling investments.

That is likely our strategy on how to earn a profit. We can do everything because it is our money, as long as it is aligned with our plan. For me, selling may not be the best option, but when I saw that the price of bitcoin is at its ATH, I couldn't afford to miss it, so I definitely sold some. If we know when to sell, we also know when to refill our wallets.

I think we have to be more considerate about the market volatility and take advantage of it because that is our chance to make money. Sell high and buy low; this strategy simply works effectively. We just analyze the market condition and take action based on our observation and market analysis. 

[Rampagoe004]

Now that bitcoin is experiencing a price drop, is now a good time to buy or sell it?

The current decline in bitcoin is drastic than before, investors and traders are taking advantage of this opportunity to buy more bitcoin in the hope that the next bull run will be bigger than the halving that has occurred. profit hunters see the price of bitcoin and also altcoins weakening, they take steps to add bitcoin to their wallets, have you noticed that the price of bitcoin has ever been above $65k, that is the right time to sell. I myself saw that the market movement was so weak, I wanted to buy a little bitcoin because after this storm passes there will be a big wave that we saw at the same time as the bull market arrived.

[milewilda]

When someone makes their investment plan for the long term, of course they will maintain the investment they currently have compared to selling it because if they decide to sell now, it is certainly not the right choice because we all strongly believe that the price of Bitcoin will increase in the next few months and continue to increase investment according to the funds that we are able to maintain in the long term so as not to be disturbed in running the investment because if we choose to use all the funds we have and do not leave funds for emergency needs, of course it will be very difficult to maintain investment in the long term because if we suddenly need the funds, of course we have to take the funds under any circumstances.

People cutting their investment short and selling is definitely the wrong idea, they should try to figure out a way to make money some other way, would be a lot better result and we would have a good return without a doubt. Too may people keep doubting the situation and because of that they keep having issues.

I mean I get that it is not an easy decision, but that doesn't mean that we are going to end up with wrong moves at all times, we should be able to actually trust what we are doing and that's the most important fact. I know that it could be something risky and also the panic that people have is not for nothing, but if you keep selling anytime you are scared then you will never make any type of money at all.

Not unless if you are dealing with futures then there's no way that you could be able to recover but if you are really that having a spot position or simply just via holding then who would really be on their right minds on trying out to sell their position on the time that they are seeing deep negatives? Actually if we do really tend to look at on such condition or situation then there's really no sense on why these people would be making out such decision if they could really just that simply hold their positions? We do know that this market wont really be having a single path to take on which if there's dump then there's a pump or recovery.
So instead on making yourself having that selling action then it would be better that you should really be that sensible on the actions that you are taking. You should buy more instead on selling on which on the moment that the price would recover then your average entry point would be that going lower on which means that it would really be that more profits if it would happen.

There are people who are really that long term holds their coins and there are ones who do make out some short term engagements and thats why this is really something that will really pertain out
on someones goals or targets in towards their positions on which not everyone will really be the same. It will really that matter on someones personal choice on this aspect because
not all would really be having on the same interest and actions made out on the time that they do make trades.

[LUCKMCFLY]

I know that it could be something risky and also the panic that people have is not for nothing, but if you keep selling anytime you are scared then you will never make any type of money at all.

And that is a very important factor to name, fear, because many when they see that the price of bitcoin falls, they immediately go and sell to say that at least they were able to recover some money, as long as people have that type of thinking, then I consider that they will never be able to make a profit with bitcoin, because they are the type of people that when bitcoin goes up in price, then they look for money, even if it is to buy, and they do their operations the other way around, the logical thing is that if the price falls and there is money, then buy, and if the price goes up, then it is time to hold or sell if they need the money badly, but at least they made a profit.