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❓ASK Ideal time to sell Bitcoin

S

SCAMEXPOSER

Guest
Bitcoin price fluctuations for about two years back has not gone beyond $6000 marching ever since it dropped from $20,000 to $10,000. Most times it Gap in two months is usually $1000 - $1500. In your opinion and experience at what rate should someone who wishes to start it buying and selling start buying and at what margin is safe to trade off and reinvest?
 
You might be right but sometimes the significant rise before the four year might tempt one to sell of then reinvest when the price drop again.
 
If you would have bought Bitcoin at $5000 that happened like 2-4 weeks ago , and holded it till it reaches $10000 again., You profit is actually doubled. I don't think Bitcoin can surpass $10000 quickly. Let's see what is the effect of Bitcoin halving in May.
 
You may be right, I don't think I will hold Bitcoin above $9500 if I bought at$5000 or $6000 cos I have watched for long it hasn't gone beyond $10k, it will be took risky to gamble above $10k.
 
Pay attention to the fundamentals of Bitcoin. The halvening is coming up in about 1 month and the supply of new coins will cut in half.

With a 50% reduction in new supply and no reduction in new demand, there will be upward pressure on the price.

Send me a DM if anyone has any questions.
 
Usually bitcoin halving has an increasing effect on the price but so far, with less than 1 month to go, it does not seem to be having any effect. Bitcoin down around 3% today. Looking to buy below $6500.
 
Usually bitcoin halving has an increasing effect on the price but so far, with less than 1 month to go, it does not seem to be having any effect. Bitcoin down around 3% today. Looking to buy below $6500.

Yeah, I don't know if we will see much price pump before the halvening. I think it will take 3-6 months after the halvening for the market to really react to the reduction in the supply.

Some of my friends think we will see it go below like $3k. I would love to get some more at such a low price.

I appreciate you responding. I followed you. I hope things are well in Turkey.
 
Actually you can never know when to buy or sell because prices aren't stable and keep changing from almost a day to another, also you can't guarantee the benefit, smart people trade with a small benefit once they get the opportunity
 
I think that present prevailing conditions I think one should focus on buying as much Bitcoin as one can get because in the next month the value for mining is going to get half of what it actually is
 
if you look at the past statistics graphs of btc prices you will have a rough idea as to which season bitcoin prices rices during what circumstances if you're paying attention to daily news'
 
you can't actually know if the bitcoin is gonna rise or fall you need to follow the market and pretend
but you can really follow the rise of other currencies because they are somehow related to bitcoin
 
now would be a horrible time to sell, as the price each day is increasing and halving event just occured, you can expect a much more increase in bitcoin price in some month or even sharp increase next year
 
It simple just buy and hold when the price is low and keep watching out for when the price goes up or high to sell. If you can hold longer for a higher price it will still be good.
 
Bitcoin had a daily flow you will notice it went 10000+ straight from 6400 or something then when we all expect 6500 or so it hang on 7400 some longer and deep down 3801 so the question is recent 10000 is this a peak gone ? I dont think so it may dance around 8500 to 10600 quite a longer may be but ultimately higher should go to 11700 or so at least. I actually follow recent trends so not thinking about total bitcoin life cycle so early. But I do admit a downfall is coming soon whoch may touch 7000$ again. Sirry friend I did not calculate it with % or margin just gave a fair idea.
 
Holding bitcoin is essential for now. Many targeting 15000$ a perfect sale. Some users want a good high price others just sell with $800 rise only which is small% profit. I dont know why people run after bitcoin cause the time bitcoin be 10x some other coins exceed 30x very naturally.
 
But you are right that soon there has a chance to btc price again go down because the halving effect will be gone...maybe it's the reason to go btc price again coin market cap think so

I think may be bitcoin price peak rise slowly this year it may cross 20000 or 18000 cause next year is a boom probably I will be happy if it touch 100000 a mark. Just thinking if that time if a coin whoch is now $0.0008 can be $1 profit is huge investing there rather than on bitcoin in % profit.
 
Waiting all the year matters a lot finding a best low like 3801 and a best high probably upcoming price 17500 may be later this year. Thread could be best price to sell bitcoin indeed.
 

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