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Author Topic: When to sell?!?  (Read 275 times)
Zanab247
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November 15, 2024, 02:08:34 PM
 #21

So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?
There is no better time than now op, if truly you are hodling BTC or ETH because their price has pump higher in this month of November that made many people to sell off their BTC and altcoins to earn profit which you can also make a good profit from those coins, if you can change your mind to sell. I have sold my BTC before the price hit $90k because I feel it will not going to pump above $85k before it will return back to bear season, but what I saw few days ago in the market make me to agree that BTC and ETH will pump more this year, if the green night continue to shine in the market.

Quote
Im particuarly interested in ALT coins as I would be keen to sell these off and invest in BTC or ETH. The ALT coins I have invested in:

TRX
TRON
AAVE
Cardano
Lumen
File Coin
EOS
Polkadot

Also is it worth selling the BTC shares and then rebuying when it dips again?
Do you think selling all your altcoins to buy BTC is a good choice? You can sell other altcoins but don't sell ETH because it will going to break out to another level when the price of BTC hit $100k soon, because the price has pump to $3k to push many hodlers to show interest on ETH investment. Well, you can sell other altcoins you mentioned here but make sure you hodl ETH and BTC for a long years because they are still going to hit higher and higher in the future and you will not regret of hodling them in your wallet.
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November 15, 2024, 08:41:41 PM
 #22

So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?
There is no better time than now op, if truly you are hodling BTC or ETH because their price has pump higher in this month of November that made many people to sell off their BTC and altcoins to earn profit which you can also make a good profit from those coins, if you can change your mind to sell. I have sold my BTC before the price hit $90k because I feel it will not going to pump above $85k before it will return back to bear season, but what I saw few days ago in the market make me to agree that BTC and ETH will pump more this year, if the green night continue to shine in the market.
Honestly when it comes to BTC, then there is no altcoin I would defend against it at all. If anyone wants to sell all their altcoins and buy BTC then I would say I support it, to be fair I would also support it if they decide to keep most of them too, depends on the coin or the token of course, like if they decide to keep ETH or BNB or SOL or LTC, all of those are fine to me and I would respect that decision, but if they want to sell those and get bitcoin then I would respect that too, either case seems like a good one.

The only way I would ever get involved would be if they have some shitcoin, and I feel like File Coin could be one, rest seem like they are just ordinary coins that we have all heard of and nothing bad, they are all decent enough and feels like they should be considered as good and decent. So whatever OP decides to do, I am here to support it, aside from just one coin, the decision to either keep them, or sell them for btc, both seems like good ideas.

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JollyGood
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November 16, 2024, 12:08:52 PM
 #23

Unsurprisingly the two posts made in this thread by the OP do not demonstrate any serious intent. What was the purpose of creating this thread if you are going to make two posts on the same day after a 29 month gap then show zero interest? Most people that create threads in order to ask questions would at the very least form part of the conversation.

So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?

estheblessed (OP)
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November 16, 2024, 02:02:16 PM
 #24

Its all valuable feedback. What I am trying to determine now is whether to sell Altcoins to fund more BTC. I think it would be wise to HODL BTC and ETH.

With that being said TRON & XRP have made me the most profit. ADA, AAVE, XLM slightly down. FIL, EOS & DOT have lost lots!

So from what I gather from the feedback is ... Altcoin should have a rise soon (following BTC) and perhaps wait and see how high that goes before selling?
rodskee
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November 17, 2024, 02:34:19 AM
 #25

So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?

Im particuarly interested in ALT coins as I would be keen to sell these off and invest in BTC or ETH. The ALT coins I have invested in:

TRX
TRON
AAVE
Cardano
Lumen
File Coin
EOS
Polkadot
you are holding good set of  of altcoins so there is no need to decide either to convert them into bitcoin or not because the rally have started now and seems that bitcoin is almost on its peak so best to focus on your altcoin now and wait for the run so you can sell them while waiting for bitcoin price to drop again.


Quote
Also is it worth selling the BTC shares and then rebuying when it dips again?
its always the best idea to sell when the price is high and buy when the price is low, this is the strategy most of us are doing .
milewilda
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November 17, 2024, 05:44:25 AM
 #26

Unsurprisingly the two posts made in this thread by the OP do not demonstrate any serious intent. What was the purpose of creating this thread if you are going to make two posts on the same day after a 29 month gap then show zero interest? Most people that create threads in order to ask questions would at the very least form part of the conversation.

So with the recent spike in BTC price (and other ALT coins) when is a good time to sell?
Not that shocking anymore on which there are tons of instances which are similar to this on which someone do make out some post and asking the community on a particular topic but ending up on forgetting it to
check and be reading up the community response, maybe they had just completely forgotten that they had made it out or really just that simply having no interest on trying to peek about these responses but instead
they will be making out some new thread asking on the same thing over.

Back to the topic about on when to sell whether Bitcoin or some altcoins or meme coins then it will really be that up to you.  The main target that we do have on investing into crypto is to make profits on which it will really be just that depending whether you would be contented on the current profits that you are making or not. The usual things happen into this one is on the moment that the market made out some correction
then it do really able to affect our overall profitability on which this one resulting into that regret because you hadnt be able to get things out accordingly which this do keeps on repeating over and over again
until you would be able to learn and be wise into your next dealing.

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November 17, 2024, 06:31:53 PM
 #27

I'm not a financial expert, let alone in crypto, but if you want to try to learn and see history through charts, maybe you will see many similarities where the bullish always runs after the bitcoin halving, if I see the current increase is not much different from 2020 - 2021, so you can know when the bitcoin price drops in 2021, that's when it could happen again in 2025, before the middle of the year it's better to take quick profits and then leave, lol  Grin

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