Taking Profits at the Peak: What's Your Strategy?

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CyberTokenSenior Member
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#1Mar 24, 2019, 03:50 AM
When Bitcoin hit that $100k mark, everyone was buzzing. Then it peaked around $109k. A lot of people thought we wouldn’t see a dip until we hit $150k or even $200k. But honestly, who expected it to drop to $80k? Many weak hands sold off. Is this a sign of a bear market? If we rally back to that ATH, is it time to cash out?
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0x4lphaFull Member
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#2Mar 24, 2019, 05:14 AM
I think Bitcoin can reach around $115k to $120k. If it hits $115k, I’ll probably sell some. If it goes to $120k, I’ll offload more. If we hit those numbers in a few months, that might signal the bear market's on the way.
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MadNovaHero Member
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#3Mar 26, 2019, 12:45 AM
If we see a correction like this, anything that drives us back to the ATH? I’m not selling. I didn’t sell last time, so why start now? I’m aiming higher. Previous cycles show we’re not done yet patience is key.
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maxorbitMember
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#4Mar 28, 2019, 02:41 AM
Yeah, I’ll sell some to pay off my debt, but it’s not a huge amount. Honestly, I’m aiming for the peak. I think Bitcoin might hit $140k, then I’ll sell a bit and buy back cheaper later. Gonna keep accumulating till June.
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gr3g.4ltFull Member
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#5Mar 28, 2019, 06:07 AM
If your debt isn’t that much, why sell now? The market's wild and hard to predict. Those who sold at $109k probably feel lucky now. Holding is key gotta recover losses and profit during the next bull run.
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jakerocketSenior Member
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#6Mar 28, 2019, 06:37 AM
Reaching $109k again? Not selling for sure. I didn’t sell before, so I’m holding. Big institutions are bullish on Bitcoin’s future, so why panic? I’ll hold for longer and only think about selling when the time is right.
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fork420Newbie
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#7Mar 28, 2019, 06:47 AM
Totally agree! The hype was real at $100k, and I didn’t sell either. I was thinking it’d go to $150k. But this market is unpredictable. We need strong conviction and patience. I want to use my funds wisely to buy more Bitcoin.
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darkseedMember
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#8Mar 28, 2019, 07:58 AM
You’re spot on. Nobody expected the dip after hitting $109k. A lot of folks panicked and sold, but those who held are waiting for $130k or more. I’m in it for the long haul, so market shakes don’t phase me.
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AtomicForkFull Member
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#9Mar 28, 2019, 12:42 PM
Nah, I think long-term. Bitcoin will hit a million eventually, so I’m not selling much. I’ll just make small buys and keep holding. It’s the best asset out there.
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pixel404Newbie
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#10Mar 28, 2019, 01:18 PM
Got a plan to sell some at $120k and more at $150k. I think the bull run isn't over. If I can buy consistently now at lower prices, I’ll be in good shape for the next wave.
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coldshardMember
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#11Mar 28, 2019, 03:30 PM
For sure, we’re still in a bull run. This dip feels temporary. I’m waiting for higher prices too, aiming for $150k to $180k. Selling some at that point sounds good, but I’ll keep most for later.
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CalmMinerFull Member
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#12Mar 28, 2019, 06:03 PM
I share your strategy. Hard to predict peaks, but if Bitcoin rallies before this year ends, I’m confident it’ll hit $150k. Hitting $109k again means we’re on track.
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kevin_atlasFull Member
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#13Mar 28, 2019, 06:09 PM
As traders, we usually take profits at perceived highs. That’s normal. But lots of advice here says just hold, which is kinda funny given the name of this place!
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#14Mar 28, 2019, 11:30 PM
Bear market can hit any time. We all hope for $150k or more, but we’re just guessing. I think we should set our targets and sell when we hit them, not wait for the perfect peak.
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0xSeedFull Member
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#15Mar 29, 2019, 03:42 AM
You think we’ll see another bullish run this year? I doubt we hit over $100k again soon. We dipped to $78k already. If it hits $109k, I might sell to reserve funds for later.
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serHero Member
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#16Mar 29, 2019, 07:47 AM
The bull run’s not finished. This correction is just a step to a higher price. If you think it’s over and sell now, you might regret it. I’ll sell some if we hit $109k again but hold for the next big rise.
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GigaGuruNewbie
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#17Mar 29, 2019, 02:02 PM
Traders love taking profits, so they’ll sell close to the peak. Nothing wrong with that if you know the risks. Holding is cool too, you avoid the stress of timing the market.
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fullnodeSenior Member
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#18Mar 29, 2019, 03:33 PM
I wasn’t holding Bitcoin when it hit $109k, so no regrets here. Now that I’m buying in, if we reach $150k to $200k, I’ll sell some and reinvest when it dips.
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#19Mar 29, 2019, 08:19 PM
I don’t really follow price targets. I trust the four-year cycle will play out. I’m probably selling some around September/October though, unless the market changes dramatically.
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#20Mar 30, 2019, 12:14 AM
I’m looking to sell around $120k. Honestly, I’d wait till October to see how things shake out. If we hit $120k before then, I’d be surprised if that’s the peak. Waiting a bit seems smart.
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