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Author Topic: When is the right time to sell my crypto coins?  (Read 4875 times)

Offline Z-tight

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Re: When is the right time to sell my crypto coins?
« Reply #90 on: January 18, 2025, 11:40:56 PM »
Some people have started selling their coins now that BTC is over $100k, that is not bad, but i recommend that they do not sell everything, we are not yet at the peak of the cycle and the price is expected to go even higher by that time.

However, even if we are at the peak, BTC is so valuable an asset that i believe one should always have a portion of it at all times.

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Re: When is the right time to sell my crypto coins?
« Reply #90 on: January 18, 2025, 11:40:56 PM »

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Offline UNIVERSE

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Re: When is the right time to sell my crypto coins?
« Reply #91 on: January 18, 2025, 11:49:38 PM »
Some people have started selling their coins now that BTC is over $100k, that is not bad, but i recommend that they do not sell everything, we are not yet at the peak of the cycle and the price is expected to go even higher by that time.
I also have sold some of my Bitcoin since it crossed $100k. I think it is the right decision, sometimes we need to secure some profits to avoid unpredictable situation in the future. We don't know how far Bitcoin will increase. It can hit a new ATH, or it can free fall at any time. It is better to take profits gradually. I will take profits again when Bitcoin around $110k. Or I may decide to take profits soon around $105k-$108k if the situation isn't very clear in the near future.


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Re: When is the right time to sell my crypto coins?
« Reply #91 on: January 18, 2025, 11:49:38 PM »

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Offline lepbagong

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Re: When is the right time to sell my crypto coins?
« Reply #92 on: January 24, 2025, 03:23:26 AM »
Some people have started selling their coins now that BTC is over $100k, that is not bad, but i recommend that they do not sell everything, we are not yet at the peak of the cycle and the price is expected to go even higher by that time.
I also have sold some of my Bitcoin since it crossed $100k. I think it is the right decision, sometimes we need to secure some profits to avoid unpredictable situation in the future. We don't know how far Bitcoin will increase. It can hit a new ATH, or it can free fall at any time. It is better to take profits gradually. I will take profits again when Bitcoin around $110k. Or I may decide to take profits soon around $105k-$108k if the situation isn't very clear in the near future.
If the calculation you made is considered the best, it should be done to avoid at least the profits that have been obtained from disappearing all because of wrong estimates. Indeed, we also won't be able to guess correctly whether Bitcoin will continue to move up by creating a new ATH or will actually fall, so whatever you do is the right thing to do.
If there are changes that will occur in its journey, at least you still hold some to be able to get the best again.
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Re: When is the right time to sell my crypto coins?
« Reply #93 on: January 24, 2025, 05:00:03 AM »
I also have sold some of my Bitcoin since it crossed $100k. I think it is the right decision, sometimes we need to secure some profits to avoid unpredictable situation in the future. We don't know how far Bitcoin will increase. It can hit a new ATH, or it can free fall at any time. It is better to take profits gradually. I will take profits again when Bitcoin around $110k. Or I may decide to take profits soon around $105k-$108k if the situation isn't very clear in the near future.
During bitcoin price not stable yet better take profit as soon possibility and buy back later when bitcoin price going down, in this week bitcoin get many time correction and looks most profitable for short term trading than long term trading because around one or two days bitcoin always get correction and bounce back to higher price.
Maybe take profit with bitcoin around 5% looks easily in this week how bitcoin get faster downtrend or uptrend but if want become long term holder you loss opportunity earn few percent profitable every days from bitcoin.
If my assets not holding in altcoin I would take opportunity by short term trading in bitcoin because recently earn profit with short term in bitcoin most easily than altcoin.

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Re: When is the right time to sell my crypto coins?
« Reply #94 on: January 24, 2025, 06:33:58 AM »
Some people have started selling their coins now that BTC is over $100k, that is not bad, but i recommend that they do not sell everything, we are not yet at the peak of the cycle and the price is expected to go even higher by that time.
I also have sold some of my Bitcoin since it crossed $100k. I think it is the right decision, sometimes we need to secure some profits to avoid unpredictable situation in the future. We don't know how far Bitcoin will increase. It can hit a new ATH, or it can free fall at any time. It is better to take profits gradually. I will take profits again when Bitcoin around $110k. Or I may decide to take profits soon around $105k-$108k if the situation isn't very clear in the near future.

It is true and a right thing to secure profits to avoid an unexpected turn in the market. Setting a price market or target of taking out profit will help to maintain the value of your assets and also give reasonable amount for take out.

As it is said that it is not wise to put all you eggs in one basket, same thing when it comes to selling all your crypto holdings, especially Bitcoin. Selling some fractions and hold the remaining waiting for another profitable period to make more profit, as we know the market is always on a bull run, after a consolidation period or bear market.
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Offline UNIVERSE

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Re: When is the right time to sell my crypto coins?
« Reply #95 on: January 26, 2025, 11:19:27 PM »
Indeed, we also won't be able to guess correctly whether Bitcoin will continue to move up by creating a new ATH or will actually fall, so whatever you do is the right thing to do. If there are changes that will occur in its journey, at least you still hold some to be able to get the best again.
Yes, that's my point. If the market drops, I've taken some profits. But if the market rises, I still have some coins in the wallets. So, we have some options if there is a change in crypto market trends.

If my assets not holding in altcoin I would take opportunity by short term trading in bitcoin because recently earn profit with short term in bitcoin most easily than altcoin.
Why don't you divide your funds? If you do this, you can trade for a short term in Bitcoin as well.

It is true and a right thing to secure profits to avoid an unexpected turn in the market. Setting a price market or target of taking out profit will help to maintain the value of your assets and also give reasonable amount for take out.
Yes, mate. It is better to secure some profits if it reaches our target. We never know the market trend in the next few months. Bearish can come earlier than we expected. So, we must be always careful and make a proper plan to deal with unexpected situation.


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Re: When is the right time to sell my crypto coins?
« Reply #96 on: January 31, 2025, 06:00:09 AM »
Indeed, we also won't be able to guess correctly whether Bitcoin will continue to move up by creating a new ATH or will actually fall, so whatever you do is the right thing to do. If there are changes that will occur in its journey, at least you still hold some to be able to get the best again.
Yes, that's my point. If the market drops, I've taken some profits. But if the market rises, I still have some coins in the wallets. So, we have some options if there is a change in crypto market trends.
If you are sure of what you have done, of course, you must continue to run well so that you will always get, according to what has been planned properly, because there can always be wrong predictions, but if you have set well then what you do will be able to make you calm down.
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Re: When is the right time to sell my crypto coins?
« Reply #96 on: January 31, 2025, 06:00:09 AM »


Offline UNIVERSE

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Re: When is the right time to sell my crypto coins?
« Reply #97 on: February 02, 2025, 11:26:00 PM »
If you are sure of what you have done, of course, you must continue to run well so that you will always get, according to what has been planned properly, because there can always be wrong predictions, but if you have set well then what you do will be able to make you calm down.
Sure, I will continue it as long as it works well. But if the strategy looks wrong, I can switch to another strategy. We can evaluate and correct our strategy, sometimes our plan can change because of many factors. Yes, our prediction can be wrong, so we can switch to another plan. There is nothing wrong with this way, we sometimes need to make a decision to change something in order to get a better result. However, if everything looks good, we can keep calm and stick with our base plan.



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Re: When is the right time to sell my crypto coins?
« Reply #98 on: February 07, 2025, 04:06:12 AM »
If you are sure of what you have done, of course, you must continue to run well so that you will always get, according to what has been planned properly, because there can always be wrong predictions, but if you have set well then what you do will be able to make you calm down.
Sure, I will continue it as long as it works well. But if the strategy looks wrong, I can switch to another strategy. We can evaluate and correct our strategy, sometimes our plan can change because of many factors. Yes, our prediction can be wrong, so we can switch to another plan. There is nothing wrong with this way, we sometimes need to make a decision to change something in order to get a better result. However, if everything looks good, we can keep calm and stick with our base plan.
I really agree with what you refer to, where you always make several strategies for each action that will be taken so that when it doesn't work and goes astray, you can look for other alternatives and always make better plans until you get a formula that really suits what you want, I agree with what you informed about this because this is a very good strategy to do.
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Re: When is the right time to sell my crypto coins?
« Reply #99 on: February 07, 2025, 11:29:59 PM »
I really agree with what you refer to, where you always make several strategies for each action that will be taken so that when it doesn't work and goes astray, you can look for other alternatives and always make better plans until you get a formula that really suits what you want, I agree with what you informed about this because this is a very good strategy to do.
Several strategies are needed because we sometimes adjust the strategy with the current market condition. If we only rely on a single strategy, it may be no longer effective in certain situation. As a crypto holder, we must have some alternative ways, it will help us to get the solution in a bad market condition. I think you also have some strategies in your investment. If you are experienced holders, you must already learn varied strategies.



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Re: When is the right time to sell my crypto coins?
« Reply #100 on: February 08, 2025, 11:52:53 AM »
Some people have started selling their coins now that BTC is over $100k, that is not bad, but i recommend that they do not sell everything, we are not yet at the peak of the cycle and the price is expected to go even higher by that time.

However, even if we are at the peak, BTC is so valuable an asset that i believe one should always have a portion of it at all times.

Agree, then the protipolio should be more diverse then if one of your coins is down, it will be recovered from the profit of the other coin. OP, If your holding BTC has a good profit at this point then it should be sold 50% of bitcoin and investing some best altcoins. Because we are all hopeful about the altcoins market now that big pump can come very soon. I think it is important to have different variations in investing because crypto comes down at any time and causes a lot of losses. You have to fight with your own experience in crypto so it is important to have a plan for every investment that you want to sell for a small profit.

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Re: When is the right time to sell my crypto coins?
« Reply #101 on: February 14, 2025, 04:39:52 AM »
I really agree with what you refer to, where you always make several strategies for each action that will be taken so that when it doesn't work and goes astray, you can look for other alternatives and always make better plans until you get a formula that really suits what you want, I agree with what you informed about this because this is a very good strategy to do.
Several strategies are needed because we sometimes adjust the strategy with the current market condition. If we only rely on a single strategy, it may be no longer effective in certain situation. As a crypto holder, we must have some alternative ways, it will help us to get the solution in a bad market condition. I think you also have some strategies in your investment. If you are experienced holders, you must already learn varied strategies.
Because the market is sometimes uncertain, of course, what you say should be done to avoid things that we might not want to happen. I agree that, indeed, as a crypto holder, we must continue to do the best alternative before deciding where we will put the existing funds, so that, in a good way, we can get the best results at the right time, because the investment we make must be right on target so that what we have thought can be realized properly.
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