Quote from: sana54210 on June 29, 2019, 08:34:24 AM

Quote from: bearexin on June 26, 2019, 11:07:51 AM

Quote from: hatshepsut93 on June 20, 2019, 05:34:56 AM

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.

Many of us often do not set goal for our investment because we all want to take the highest value of the ATH, but I think it will be easier to know the ATH now, unlike before. Like you rightly said, I think the easiest way to know that the ATH has ended is if the price of bitcoin start dropping drastically, though we will lose some value of the ATH, but we can still gain enough if we quickly sell before the market goes down completely.

For this increase, I am suspecting this would not be the one that will lead us to the ATH yet, I think we will still have some sort of correction back to $10k, but that should not make anyone to panic sell now, there is no way the market will continue to grow with correction, although the lowest I think we can see for correction before the continue surge is $7k, but we must at least touch $10k in one of these days before continuing on the surge journey.

do you know what ath means ? ath means all time high and the last ath that we experience was way back on the year 2017 where bitcoins value reach 18kusd and above . after the year 2017 , there are no ath reported yet up until now because the value is on playing at 8kusd and above . anyway , back on the topic . i believe that we all have a selling strategy and my own strategy when it comes to selling goes like this , i will sell my btc as soon as i need the money and i dont usually wait a longer time , same thing happens on my other coins but all of them dont recover yet , i cant even sell them at above 10 usd .