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?
I think it is hard to tell when the market has reached Its ATH. You just need to have in mind what you already want, how much you want to achieve and when it reaches that amount you should be ready to sell. But you can still hold on and be watching which direction the market is going next after you have reached your plan. If the market continues to go up then keep on watching it and do not sell your coins yet till the market starts to fall back, you can then sell and wait for another good time to start your investment again.
Plans or goals would really be simultaneously be changed depending on the current situation you are seeing on unless if you are a type of
person who do have fixed up mind where hitting up the target you would definitely sell no matter what but well we do have our own choices
and as long we do profit it doesn't matter.