Quote from: mv1986 on Today at 09:46:58 PM

Quote from: blockman on Today at 05:46:34 PM

Quote from: MiF on Today at 04:59:58 PM

Selling is depending on your limitation you need to set a limit to avoid unnecessary loss, sometimes crypto is very hard to understand i experience so many situation like continuous dropping of price after we buy and rising of price after we sell so many regrets and so many wrong decision it is normal for we don't know when the price rise or when it fall the important thing is that we have limit on when we sell our holdings it is better to earn small amount than nothing.

There will be times when you need to cut loss. Setting a limit will help you cut those losses before you entirely wipe out your balance based on the market's move.
And knowing when to sell your bitcoin, you've got to plan it out. As we approach to another month and we're already half of February, there could be a lot of changes in the pricing. Sometimes we think that we shouldn't sell when we're at a total loss but that's okay when you manage to cut loss when you're unsure to avoid further losses.

Setting a limit can under some circumstances also be a strategy that is prone to mistakes. What about a situation where some unexpected event creates huge positive price momentum but you set a limit? I think that everyone is well advised to keep a close eye other investments and relevant microeconomic and macroeconomic events as much as possible. Not everyone has the time to nonstop watch their investments and analyze everything and then setting limits is the least you can do. But especially when we are talking about Bitcoin there are so many things that can happen and that have an impact on the price that taking a bare minimum of time to analyze some content of the most relevant industry sources is advisable.

When there is a positive price momentum that is beyond prediction and makes the price increase very high, of course it will be a good opportunity to start selling. But when we have set a limit, it will only cut profits. But after all it depends on the initial strategy used. If the redemption limit is the price that is actually agreed upon and is the goal of profit then there is nothing wrong and nothing to regret, the important thing is that there is no loss.
Some strategies that can help you determine the selling price of Bitcoin include Technical Analysis and fundamental analysis. Fundamental analysis looks at factors such as adoption rates, regulation, and developments in the cryptocurrency ecosystem, while technical analysis looks at price charts and technical indicators to predict future price trends.
Bitcoin is more recommended for long-term investments, so the selling price of bitcoin will be more variable and more profitable in the long run. If we buy now and set the selling price at the new ATH at $100k, it is already a good target price.