When do you think is the right time to sell your long time saved bitcoin?

[Cleanslate_]

At your over accumulation stage is the best time, if not it will definitely affect your investment process by setting you backwards and not allowing you to get to your target on time or might even prevent you from reaching your target, therefore you must be disciplined so that you don't get tempted and sell and end up selling all and end up with regrets of being a low or no coiner.

Also if you must sell not all but your profit and then continue investing as you extend your time frame.

[Patikno]

This is a concerning thing that has been disturbing me for a while now, we all know bitcoin is a thing of high value and possessing it is almost the dream of any man who has the right information about it
saving more bitcoin is good and we always advise each other about force sell, in fact during burron you'll hear things like "this is a tempting time but the longer you keep your bitcoin the more it will appreciate" this is true according to the history of the bitcoin network
The whole thing now narrows my burden to this question about the right time to sell putting Memento Mori into consideration,
let me know what you think and don't forget to drink more water and eat more fruits than any other food.

In my personal opinion, the right time to sell Bitcoin is when you are making a profit, at least doubling your profit. The wrong time to sell Bitcoin is when you are making a loss.

Many people sell their Bitcoin when they are losing money, when in fact, they should just be patient and hold onto their Bitcoin until they realize a profit. Honestly, I feel that selling Bitcoin when they are losing money is an unwise decision; they should refrain from doing so. However, it is a different story for those who desperately need to cash out or sell their Bitcoin. Therefore, anyone investing in Bitcoin should simply wait for the right time to sell, as I have already stated. You don't need to worry about the potential profits you will make from Bitcoin; its growth history is a good guide, and you need to know that no one loses in Bitcoin when holding it long-term. Bitcoin adoption is already growing globally, and has the potential to expand even further. So, why are you still hesitating?

[LogitechMouse]

Re: When do you think is the right time to sell your long time saved bitcoin?

If the price is right?
If the peak has been reached?
If you feel that the highest price of Bitcoin has been reached already?

I mean is there a thing called "right time" when it comes to selling your Bitcoin? You might've sold it at $100,000, and still went up even more as we've seen in the past, but of course, you don't know that it will happen because you don't have the powers to do it. On the other hand, you can sell it at $120,000 and since the market went down a few weeks after that, you will feel that you sold your holdings at the "right time". The point is, we don't know which is which. We don't know what's the peak price of Bitcoin, and this is why having a target selling price is always the best option. If your target price to sell is $100,000, sell it, if your target is $110,000, sell it. You will never know when is the right time to sell your Bitcoins, but if you have a target selling price that you've set already, and you've sold it at that price, that's the time when you will feel that you sold at the "right time".

Always remember, we can't time the market, and it can go either ways. As long as you're happy with your profits then nothing's wrong with it.

[iBaba]

I don't think that there is actually a right time to sell of your Bitcoin assets, as far as am concerned selling off Bitcoin is a personal choice and decisions that is people make because the slogan when it comes to holding is keep as much as you can. But one can't keep holding their assets for ever. One thing that will make me to think about selling off my Bitcoin holdings is when I want money for the purpose of setting up a new business or when there's a health emergency at stake that involves life.


We should try as much as possible to keep holding and avoid spending our Bitcoin holdings on things that don't add value to us as humans.

Well, in my own opinion, there should be the best time to sell your assets unlike there won’t be the best time to buy if you are accumulating. What I meant is, if you are accumulating for a long time and you are using the DCA approach, please just keep accumulating without minding how the market is at a time especially if you’ve not hit your target which is set either by a certain amount of money or a specific period of time. When it is not there yet, you don’t have to panic and just keep accumulating without minding the condition because no matter how deep the market has become.

But when it comes to the point of selling, I will have to sell when the market is in gains and not loss, it might not be the highest peak but at least not when the market is down because I will always love to sell at a time it will be profitable and cannot afford not to take advantage of the market at then. For instance, now that the market has fall so deeply, even if I projected selling this month, I won’t mind to leave it till end of this year to watch the market gains back before selling.

[demonica]

For me, this is very subjective. You don't have to follow other people what they say is the right time to sell your Bitcoin. Your holding your Bitcoin for a reason, you have your own purpose why you're holding it. And I think you also have your own target when it comes to your profit.
   
As long as you're satisfied with what you've earned already or if you need it on important matters, you can sell it. It's your own, so you got the call when is the right time for you. If you're still undecided or haven't thought of this, maybe you can start thinking of having a target or a goal you want to achieve or reach with your Bitcoin investment.

[jasonstacks]

You do not sell Bitcoin, ever.

[Cgrexp]

This is a concerning thing that has been disturbing me for a while now, we all know bitcoin is a thing of high value and possessing it is almost the dream of any man who has the right information about it
saving more bitcoin is good and we always advise each other about force sell, in fact during burron you'll hear things like "this is a tempting time but the longer you keep your bitcoin the more it will appreciate" this is true according to the history of the bitcoin network
The whole thing now narrows my burden to this question about the right time to sell putting Memento Mori into consideration,
let me know what you think and don't forget to drink more water and eat more fruits than any other food.

In my personal opinion, the right time to sell Bitcoin is when you are making a profit, at least doubling your profit. The wrong time to sell Bitcoin is when you are making a loss.

Many people sell their Bitcoin when they are losing money, when in fact, they should just be patient and hold onto their Bitcoin until they realize a profit. Honestly, I feel that selling Bitcoin when they are losing money is an unwise decision; they should refrain from doing so. However, it is a different story for those who desperately need to cash out or sell their Bitcoin. Therefore, anyone investing in Bitcoin should simply wait for the right time to sell, as I have already stated. You don't need to worry about the potential profits you will make from Bitcoin; its growth history is a good guide, and you need to know that no one loses in Bitcoin when holding it long-term. Bitcoin adoption is already growing globally, and has the potential to expand even further. So, why are you still hesitating?

Many people are forced to use their Bitcoin holdings in emergencies. At times when it would have been a good time to build or deposit them. Every person’s situation is different, so there is no one-size-fits-all investment plan. While many people have patiently accumulated Bitcoin for a long time, four to six years or more, if they sell it too soon, it can lead to disappointing results and make it much harder to get back to where they were. The most important thing is that you need to have a perfect plan before you start Bitcoin. Many lessons come from experience through investing. The big challenge for investors who are primarily financially stressed is to resist the temptation to use Bitcoin immediately when its price increases. Determining the balance between when to continue investing and when to consider withdrawing from it is a challenge for an investor. Patience is the foundation of successful Bitcoin management.

[HelliumZ]

If my long-term Bitcoin holding is not profitable, then it will not be possible to sell my Bitcoin holding. I bought Bitcoin at a price where it has not yet been possible to reach that price. I bought Bitcoin when the highest price was 126k dollars and bought it when it was 106k dollars and held it. So far, my Bitcoin holding is at a huge loss, so I cannot make a plan to sell my Bitcoin at this time. If I sell my Bitcoin holding now, then there will definitely be a huge loss.

[fredericktaylor]

If my long-term Bitcoin holding is not profitable, then it will not be possible to sell my Bitcoin holding. I bought Bitcoin at a price where it has not yet been possible to reach that price. I bought Bitcoin when the highest price was 126k dollars and bought it when it was 106k dollars and held it. So far, my Bitcoin holding is at a huge loss, so I cannot make a plan to sell my Bitcoin at this time. If I sell my Bitcoin holding now, then there will definitely be a huge loss.

Confidence and patience are very important to hold Bitcoin in the long term, many of us are going through such unstable situations. So i think that if you get frustrated to get success, you will not be able to achieve it or if you give up, you cannot expect success in the future. We know that the price of Bitcoin is unstable, fluctuates rapidly, so always buy Bitcoin according to your ability and wait patiently for the right time with confidence, you can expect big profit in the future.

[Hazink]

You do not sell Bitcoin, ever.

So if bitcoin is never to be sold out or spent, what's the purpose for it to be bought by the person in the first place? It's meant to be held, spent, and used to settle payment and for whatever reason the person wants to use it for, but holding it forever is not part of it. If everyone chooses to hold it, then the purpose of bitcoin can't be achieved.

[bournekin]

This is a concerning thing that has been disturbing me for a while now, we all know bitcoin is a thing of high value and possessing it is almost the dream of any man who has the right information about it
saving more bitcoin is good and we always advise each other about force sell, in fact during burron you'll hear things like "this is a tempting time but the longer you keep your bitcoin the more it will appreciate" this is true according to the history of the bitcoin network
The whole thing now narrows my burden to this question about the right time to sell putting Memento Mori into consideration,
let me know what you think and don't forget to drink more water and eat more fruits than any other food.

hmm its a good question no one wants to sell and regret the choice later like so many have done over the years even with bitcoin at a dip it still high value for many. even getting back in to bitcoin once sold can be a tricky choice. i personally think hold you never know where bitcoin can go better to take the risk if you can afford to then live life with constant regret

[Mehmet69]

This is a concerning thing that has been disturbing me for a while now, we all know bitcoin is a thing of high value and possessing it is almost the dream of any man who has the right information about it
saving more bitcoin is good and we always advise each other about force sell, in fact during burron you'll hear things like "this is a tempting time but the longer you keep your bitcoin the more it will appreciate" this is true according to the history of the bitcoin network
The whole thing now narrows my burden to this question about the right time to sell putting Memento Mori into consideration,
let me know what you think and don't forget to drink more water and eat more fruits than any other food.

hmm its a good question no one wants to sell and regret the choice later like so many have done over the years even with bitcoin at a dip it still high value for many. even getting back in to bitcoin once sold can be a tricky choice. i personally think hold you never know where bitcoin can go better to take the risk if you can afford to then live life with constant regret

We have heard many stories of regret after selling Bitcoin. Bitcoin is a decentralized asset. That is, you are the complete controller of your own assets. Also, Bitcoin is not affected by any inflation. As a result, it is a good investment option for people. It is not possible for small investors like us to invest the equivalent of one or two Bitcoins at the same time. So we keep buying Satoshis in small increments. Which if hold, becomes a very big asset after a certain period of time. So we should not sell our Bitcoin investment for any reason.

But if for any reason we sell our investment, then we should start investing again from the beginning. In this way, we will be able to own a good asset again over time.