People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?
What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
for a good sales strategy is when we get a price up 30% above the purchase price. because we can make it with 30% as a substitute for time and all things related to profit. it is a percentage of the minimum profit in sales.
Maybe at 30% could be sustainable if you go for faster returns of investments, but if the strategy is to expect more gains I do prefer much higher and wait until such time it could take further towards 100% increase. For now it might be not possible yet, but somehow if you do have lots of patience, someday it can be achievable if stay strong and motivated.