when i buy at bitcoin buy price at $30k but then bitcoin drops to $25k i will hold it so that my money doesn't disappear,
and when the price goes up again and reaches $50K i will sell it,
but right now i won't sell it cause i'm waiting for $100K.. just hope no need to respond buddy
and when the price goes up again and reaches $50K i will sell it,
but right now i won't sell it cause i'm waiting for $100K.. just hope no need to respond buddy
Well, that is one perspective of the “right time” in selling the coins that you decided to hold for a particular period of time. As per this given scenario, right time can also mean selling at $35k, at $42k, or even at $31k. I believe that the right time is subjective to the goal of a trader and the optimism towards the coin, and to the gut feeling that somehow influences the decision to hold, wait, or to sell urgently.