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

[jappy 1129]

The btc due to its whales that manipulate the market a lot is the most difficult cryptocurrency without any doubt, but nevertheless the btc is good to invest in the long term because it is a cryptocurrency that without any doubt will continue to rise.

[Sonia Ali 507]

I think it will be difficult to send Because sometimes the price is high and sometimes it is low, so we know We do not know the exact time because the price is high or low But always something is reading your help, then we should do it on that.

[Hamid_Nisha_002 470]

Yaah,,it is very difficult to know when we is the right time to buy and sell crypto.Because crypto currency has many fluctuations. We should buy crypto when its price is falling down and hold them in a wallet.Then we can sell them when its price is getting high and get more profits.But it is very difficult to predict when its price is rising or getting down.

[MalikAdnan 1662]

Yes it is difficult but it is sure it not under control of any one because it is a blockchain system so I think it is the best way for us when the price is low buy and at the high you can sell it. So it is simple I think.

[Baba g Sialkot 527]

It isn't troublesome yet we didn't feel us satisfied on this time there everyone and they feel dread in their souls the cost of his resources which they contribute here it costs/qualities will down or diminish that is the reason we feel challenges to purchase bitcoin or different monetary standards.

[yulitzacalvete 1366]

If it really is a difficult decision but it is not possible of course, but I know that the idea is to buy when the market is in the red, but now the problem would be to wait for that moment and it could be a long time so it is a difficult option to take due to the delay.

[percare 3192]

Some think it is difficult but others just make a few trades every year and have their salary made easily from Bitcoin. If you think it is difficult it could be because you are trying too hard to make money very fast. Bitcoin is not about making fast cash, it is about relying on your knowledge and buying at the right moment, when everybody has sold, while selling later for profit.

 

You make the mistake to try to find the top and the bottom, if you skip this part you will find how much better and easier it is. Nobody will ever buy the bottom and nobody will sell the top. You will buy and sell close there to make profit.

[Ahmad ah 1212]

It is very difficult to correctly predict the price and what Bitcoin will reach in the future, due to the constant volatility in the cryptocurrency market.
But by observing the market, we can predict the price in the short term, perhaps for several days only.

[Roan 2166]

This is true, my friend. Predicting the price of Bitcoin and the appropriate impact of buying or selling is difficult, but not impossible

It needs regular monitoring of the market, technical analysis of the currency and some international news, and so you can expect Bitcoin's movement, whether it is up or down

So we have to work hard to make good profits

[Bruno52 1141]

The right time to sell bitcoin and make a profit can only be determined by you the trader after you have observed the market and know which currency will make you a profit at that particular time.

[Brushless4500KV 4214]

1 minute ago, Mukky said:

Well,  I don't think that is that difficult for any potential seller or buyer to understand when to buy and sell, it's just to buy when the price is down and sell when the price goes up,  but while holding,  do not hold too long to the extent that the price would fall overnight and you still did not sell,  so just be moderate and balance in your stats.  

As usual, starting a trade is easier than closing it. Most traders think if they find a position and grab it, they have done everything! This is a wrong way of thinking which leads to losses. It is the period during the trade that requires the most concentration and attention. If you leave your assets without management, they will not produce profit for you automatically. To prevent from negative effects of overnight falls, you can set a sell order and go to sleep with peace of mind. If the price goes below your preferred value, it will sell itself without your involvement.

[Quickbee 26]

Finding the best time to buy is difficult but not impossible. Firstly follow expert recommendation. Secondly  if you have the expertise and knowledge, buy when you feel the price has bottomed or when you feel the price is going to rise from the next moment. Similarly sell when the price has reached the top or when you feel the price is going to fall next moment.

[Ajkion 275]

It's not really difficult to some extent, it's just unpredictable and this is simply because it price is not control by anyone it's controlled by the it's demand and supply. That is fact about what you want to know mate.

[ShiNorton 906]

On 11/30/2020 at 3:11 PM, SuperCrypto said:

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.

Bitcoin market is decentralized  & community  members fascilate trading.   When rally continues then investors still believe btc price will increase & due to greed of higher profits some investors don't sell. Really hard to predict highest price. That's why fomo follows us. 

[Samotokika 1780]

On 11/30/2020 at 2:26 PM, SuperCrypto said:

During the fluctuation of the Bitcoin price between low and high, there is a large amount of feelings and emotions that a trader or investor feels, making it difficult to reach to buy the bottom and sell the top.
Currently, there are many forecasts that indicate Bitcoin will reach the value of $ 50,000 and more, and only expectations remain until proven.

 These expectations seem to some exaggerated, but there are traders and investors, including those who hold their currencies and are waiting for the maximum price possible to sell them, and many of them are waiting to break the previous summit of $ 20,000 and there are those who trade depending on the current volatility between the downside and the upside.

 

The best time to sell depends on calculating some facts that you should consider before building an estimate of the price at which you want to sell Bitcoin:

• The price that many people put in their minds is usually discovered from the charts and technical analyzes of analysts, and they wait for it with the selling decision, but the price resulting from the graphic analysis, does not mean that it will be reached in the next day or next week, as the trends or patterns that They are determined based on data and are subject to real-time conditions of width, volatility, and a moving average.
• The rise is not only what awaits Bitcoin or other cryptocurrencies, but there is a correction and a decline as well, as a short correction is expected in the price of Bitcoin before the rally continues.
• Charts and other indicators indicate that Bitcoin will face a correction assuming that the previous price was fair and that the current price has a premium added to it.
• Bitcoin, as an asset that has been in existence for a decade, has no true fair value to base the accounts on, as patterns continue to emerge and new highs are reached every few cycles.

 

In conclusion

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.

Yes dude  it is not an easy task rather it is very much difficult and totally based on prediction but some experience and research would help you in this way that your active participation in cryptocurrency tells you the  proper rise and fall checking of coins before investment.

[Bitcoin Earning 249]

Hello everybody Bitcoin is not about making fast cash, it is about relying on your knowledge and buying at the right moment, when everybody has sold, while selling later for profit. If someone have a good information regarding the volatility of the cryptocurrency then he always checks the trends of the market. It depends  on a person nature of experience, if a person is expert in trading then it is so easy for him that what is the right time to buy or sell.

[100x 97]

If you are a trader you will have a difficult time. You probably sold very early as the bull run is very rapid and there could have been big money won if you just held. Holding means not caring for that, so it is your way out of getting into trouble selling low and buying again higher.

[P A Ashif 2409]

Just think if its simple to predict the right time to buy and sell then everyone who is in this field will be rich. Actually it can be maiden simpler by making our own survey. Analyzing market conditions, factors affecting it. 

[Irum shahzadi 296]

To know why and when the price of the bitcoin fluctuated is very difficult .when we have know about the reason of fluctuations when and why are  happen at that time we can say we are the gud trader.we have to check the market conditions before selling and buying or hold the coins.

[lari0695 13]

You are very right, if we can get to have some bitcoin, it is difficult to calculate at what time to sell, for that I think we can take suggestion from some expert investors in the cryptos, many point to the value of bitcoin could reach this year the 50-100k dollars, I think we could expect that.

[Michar1 1693]

If it is true that the value, it can be exaggerated, but we know that if it can be worth that bitcoin and can even maintain a high value, so it is in the sights of many investors who currently see the potential that holds bitcoin.
The price is currently looking at an update, which guarantees that it will continue to rise even more, until it can continue to reach high prices and beat historical prices.
For bitcoin to be able to rise more in price, these falls will be necessary, which will make it rise and rise more in price, but you also mention that it is better once the benefits obtained are reached, the best thing is to save them and guarantee a profit, already later, it will depend on entering again at the exact moment.

[Matias Conforti 89]

I think it is very difficult to know when the BTC is going to go up or down, I follow several analysts and Youtubers who know a lot and not even they know it, what I use is common sense, if it went up a lot I sell a little and try to buy back more down

[Xpose 23]

Well, it is not literally difficult to know when to buy or sell cryptocurrency. It is just that because of the volatility of cryptocurrency, it becomes unpredictable for us to know. That's why if we want to buy or sell our crypto, we must first make sure that it is already time to do that, like if we see that it is dropping instantly, selling it is good and vice versa.

[Sharif4847 277]

It is difficult to determine the right time to buy or sell Bitcoin. There is an easy way to buy and hold Bitcoin when the price goes down and a good amount goes down.  There is a bull run when the prices go down and when the prices go up more than the specified volume, you can get a lot of profit by selling.  The day it can be seen that the price rises and sells in the market to be stable  Have to pay.

[milyapsak0901 693]

Well i think it's difficult because no one can predict the price except from the big exchanges. As we all know some exchanges are holding more than 100k bitcoin and they can manilpulate the price. I think best thing we can do is gaining some experience and improving our knowledge about reading charts.