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?
the sales strategy that I usually do is I calculate the purchase costs into percentages. a minimum of 20% profit from the purchase I use for sales. this will make the point of safe for our trading and we can continue to trade when the safe point of profit we have got.