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When should i sell my bitcoin 2020


There are no firm rules on when you shouldn't sell crypto. The most important thing to remember here is that you shouldn't panic-sell because the price has dropped. If you still think it has long-term value, hang on to it. Panic-selling is a decision that many crypto investors later regret.

Should I hold my Bitcoin or sell?

For instance, if you really need the money or cannot afford to lose your investment, it may be time to sell. On the other hand, if you can afford to wait and can risk the loss of your investment, it is worthwhile to hold on to your investment for the long term.

How low Bitcoin will go in 2022?

However, most traders target at least 50% before they take profits. That being said, you can target 100% profits too before you decide to take. You can even target higher percentages. It really depends on how much risk you're comfortable dealing with.

At what percentage should you sell Bitcoin?

This means that Monday or Tuesday statistically is the best time to cash out your Friday long or take a short position to cash out on the subsequent Friday when the price is statistically lower.