The right time to sell bitcoin is when the price has gone up and you are fully convinced that if you sell at that point, you will make a huge profit because you can buy bitcoin when the prices low and sell when the prices is up to make profit.
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Exactly, when the price of bitcoin is more than the money you invested, then you need to sell to realized your profit. This is what lead to general saying that buy when it's low and sell when it's high.This is easy to know, you have to see your entry point, if the price of Bitcoin is well above your entry point you can consider selling part of your positions, I would never get rid of them all, that is, I would sell positions as the price rises.
Yes, exactly, you do not have to give it so many laps if your entry point was good and the price is well above consider selling 10-20% or more according to your profile, I would never sell the whole as I said before because knowing the history of Bitcoin is an asset that is revalued over time, so it is not very sensible to get rid of it completely, for example to wait for a fall.Exactly, when the price of bitcoin is more than the money you invested, then you need to sell to realized your profit. This is what lead to general saying that buy when it's low and sell when it's high.
I am going to grossly disagree with your assertion because the right time to sell of your bitcoin does not to depend on you, but it depends on the market sentiment at the moment.When to sell Bitcoin is entirely up to you. It depends on when you bought the bitcoin and how much interest you want. Is your investment short-term or long-term? In the end, we all want to make a profit, but some are satisfied with less and some want more
It is true! The market sentiment would determine whether you are going to sell off your bitcoin or not . If the price of Bitcoin goes up and you are sure to make profit from selling it off, then it will be the right time to do so.I am going to grossly disagree with your assertion because the right time to sell of your bitcoin does not to depend on you, but it depends on the market sentiment at the moment.
For me personally I don't usually nurse the plan of selling my Bitcoin, if it where up to me I would have hold it for ten years, but there are events that might happen that would require you to sell off your Bitcoin, and at that point there is nothing you can do otherwise.I don't think you should sell your bitcoin. The value of bitcoin will continue to improve because of its limited supply. UNless you have better plans, you should never sell your bitcoins.
This is easy to know, you have to see your entry point, if the price of Bitcoin is well above your entry point you can consider selling part of your positions, I would never get rid of them all, that is, I would sell positions as the price rises.
There are certain metrics that can tell you when they are good points of sale, when we enter the bull market or when the market could revert to a bear market, but sometimes emotions and feelings make you ignore these signals and not sell at the right time, it is best to know how to sell on time as you say, but the most difficult thing is to do it.Definitely, it is much better to sell your coins when the market is in its bullish period. Buying the coins during bearish period and selling it during the bullish period is the primary strategy people use . However, predicting the longevity of such periods could be a big challenge.
Through proper investigations and examination of the coin , you will be able to discern proper time to sell . That being said, the time to sell would emerge after the price as gone up.There are certain metrics that can tell you when they are good points of sale, when we enter the bull market or when the market could revert to a bear market, but sometimes emotions and feelings make you ignore these signals and not sell at the right time, it is best to know how to sell on time as you say, but the most difficult thing is to do it.
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