Why is it difficult to know when is the right time to buy or sell Bitcoin?

[khan22 3478]

Now the BTC touch the 20,550$ and this time this is the high of all time and we need to invest in the market at this time and we can make good money if we buy the coins and hold that for the future becasue soon the ALT coins start to go high in future.

[Ryken8 545]

I believe that it is not only applicable to bitcoin and cryptocurrency. It is also difficult to know when to buy and sell stocks, gold or commodities. It is just the nature of trading, if it is easy all of us will be very rich by now but that is not the case.

[Syriana 350]

Indeed, determining the time of buying and selling is difficult and it depends on guesswork and forecasting because what we do from studying the chart is not sufficient to know the real price of this currency or even it may rise or fall, so you have to be cautious in making your decision.

[Sykkuno 2887]

The time to buy or sell if you are a trader is premade decision. If you knew how to trade you would have tp and sl price. This is how trading is made, it is not random and predictions come from the chart and technical analysis.

[Mella 3680]

We are always not know when there is the right time. We are risk but we are not able to know when exactly a drop will stop and when it will cahnge. In the Bitcoin I am joined very late this year when I am saw it down a lot. I was not known if it was correct but I am bought when price had stopped the big down turn and start rising.

[Artugul78 91]

Asked a nice and good question about the right time to trade Bitcoin, because we can see that the price of Bitcoin is fluctuating, but the price of Bitcoin is rising rather than falling, I think the need to buy Bitcoin now will increase in the future.  Now is the right time to buy Bitcoin.

[Guru2050 8284]

In last year of 2019 it was not difficult to me to understand the movements and to further predict what the value will turns to after BTC halving this was one of the key factor that made me to restore confidence on BTC and hodl the currency in target of this year though it was collapsed but that reason was not enough to incite me to dump in fear of loosing but rather motivate me to buy extra, today my dream has become reality giving what I had never imagine to make in crypto world

[Abdul1168782 572]

The buying and selling of bitcoin is not a difficult task. Because if you are attentive amd not all the ip and downs of bitcoin then it will never be difficult for you. And it's very difficult with other coins like doge,talk,water and etc....

[Barbarellah 2225]

To determine what are the best times to buy or sell Bitcoin or some other cryptocurrency, we must first rely on technical analysis, since a detailed study is what leads us to establish predictions and determine what are the best times to buy or sell. . At this moment we have already reached the expected historical maximum and we are even on the way to surpass it which for those who invested in Bitcoin weeks ago could be a good time to sell, more I believe that 2021 is the year where these prices will increase in to a great extent therefore I don't think it's a good decision. In particular I think that now a new moment has come to start accumulating and awaiting the behavior of those to come.

[setifien 1016]

13 minutes ago, Abdul1168782 said:

The buying and selling of bitcoin is not a difficult task. Because if you are attentive amd not all the ip and downs of bitcoin then it will never be difficult for you. And it's very difficult with other coins like doge,talk,water and etc....

Even when buying btc, it becomes difficult sometimes du to the high volatility of btc pair, and it becomes harder when the market is sensitive (like today because btc has reached 20500 usd)

[Dormilon 2183]

On 11/30/2020 at 5:26 AM, SuperCrypto said:

It is difficult to know the best time to sell.

Because it can know the past price of bitcoin and the price of the currency at present.

As for what the price will be in the future, it remains a metaphysical matter, evidenced by some erroneous technical analysis.

Accordingly, no one knows what is the best selling price, but it is possible to sell in a calculated manner away from panic, through which you achieve profit and avoid loss.

@SuperCrypto Cryptocurrencies, due to their speculative and high volatility nature, is a risky investment that involves making predictions that can only be tried to understand what happens the way we want, they are so unpredictable that I doubt that anyone has an exact vision of what What can happen, you simply speculate with what the future has in store, only that, no one has the magic ball beyond that whale that knows when to raise or lower the price, injecting or withdrawing coins and capital from the market at a certain time.

[RonaldB 48]

Yes, it is difficult for us to follow the path of the bitcoin price, so we cannot know the correct time to buy bitcoin, and we cannot predict whether it will rise or fall.

[Frodler 943]

Well it's recommended that you get to follow trends and latest updates before jumping into buying, also you can look for a trusted signal supplier for an even smoother trading experience 

[susan8929 811]

It's too complicated to know when to buy or sell Bitcoin, because that depends on many factors, but of course, experience and knowledge are a great help in knowing what to do at a certain time and avoiding making mistakes with btc.
I think the best time to buy btc is during a bear market or when a big correction occurs. 
On the other hand, the best time to sell is when btc reaches historical highs or indicators are overbought. Of course, many times Bitcoin has continued to rise even though the indicators point to a correction.
So the important thing is to analyze the market and not get carried away by greed.
 

[Arratee877 272]

Unless if someone has not adopted the due process and properly apply the good knowledge of crypto currencies learned. It's not difficult to know when to hold bitcoin very simple, your motives is to make profit then you buy when the value at the market is affordable and sell when it's high just like now.

[abohasnn9 2401]

My dear friend, it is a matter of buying and selling cryptocurrencies, and that needs a good study of the currency and monitoring the trend of the chart Ahais the currency that you will trade when you see the time is right to buy, then you need to put a 24-hour currency watch until you see that it is the right time to sell Thank you

[Msh9 84]

In fact, we cannot warn about this issue because in a very short time the price changes, it decreases or rises in many times, and we cannot know that at one moment or another.

[godislovefll 1880]

If it really is somewhat complicated to know exactly what will happen with BTC to be able to buy since it is very volatile, and I think that the pandemic is one of the main factors of high growth so if everything returns to normal and the pandemic BTC may fall again.

[koynayak 1923]

Thank you for the tips. I think no one can be sure best time to sell and buy, only the big whales can knew that. We all knew the biggest whales are exchangers, binance is holding more than 100.000 bitcoin and they can manipulate the price whenever they want, for me best time to sell is the time i reach my aim. If i reach my aim price i will activate stop loss and keep waiting to see the higher price.

[tienda 8776]

I think if you pretend to buy Bitcoin for holding it is not difficult for you about when is the right time to buy it. Because Bitcoin price value still growing and still not reaching its real value. So buying it the most before it is better to wait more time, this is about a long time investment.

[jnbezchess 1066]

I think that gaining enough experience in the cryptocurrency market and knowing its fluctuations needs great patience and learning a lot of things from analysis to forecasting. But whoever can become an expert in this will make a lot of profits.

[velasco19 1753]

In cryptocurrencies, you will never be certain of the right price to sell, for that reason many price zones are set to sell or buy.
I agree when you say that analyzing the past is useful for technical analysis, but that does not influence the behavior that the price may have, I think there are more mental barriers that people have compared to the prices of the past.

[Edwinvicky 819]

Because the market fluctuate always and very difficult to control or guess. that's the reason its called volatile market and that's why many make profits from it and same time lose money.

[scorpiali 5626]

This is the big question that all trader in crypto currency don't know the answer even he was a professional he can tell you when to buy or when to sell, because the market of crypto is very volatile and the price can be down or up in any second and we have a big example about the ripple and what happens to him in last week 

[Rosarvx 965]

determine the peaks in order to sell when reaching them, everything can change after it reaches this high