Post
Topic
Board Trading Discussion
Re: When to sell bitcoin before the next bear market starts?
by
Falconer
on 26/02/2023, 17:10:48 UTC
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Yes you are right, no one can give a definite answer to this question. I don't think we should focus on that, I know that we want the highest price to sell bitcoins and want to avoid a bear market. But if we really believe in bitcoin, then we can keep waiting without thinking about when the time is right. There have been many questions about this, starting from when to buy, when to sell and so on. If we only focus on that then we will continue to ask questions that actually don't have very accurate answers and are only in the form of speculation.
It's always good to consider selling your bitcoin at 2x to 3x the previous bitcoin ATH, that means you can wait for the price to reach $130K to $200K in the next ATH period. Of course I have to admit that it is a fantastic price to reach post halving, but any possibility that it could happen in the future including reaching it or it will just fail as expected.