Ok so this is a little down the road from here but assuming after the next halving and bitcoin goes into another bull run, when would be a good time to sell?i have already went through a couple of bull runs and bear markets but i didnt sell and take profits. I would like to sell before the next bear market to take profits this time.
So if bitcoin's cycles remain true, when roughly would be the start of the next bear market after the 2024 halving and bull run for a good time to sell. Can this be predicted somewhat? For all you TA guys when would be a good time to sell just to give me an idea? Thanks.
No one can know what the next peak price will be. You can't predict that. You can however, sell when you are in the green zone. You know what they say... "Nobody went broke taking profits." You may even sell at the bottom of the bear market and depending on when you bought your coins, it might still become a good trade. For example tho who bought their coins when btc was $1000, they are still more than x20 up. They may sell now and still can make a killing even though the price is pretty low from the ath.