I think the right time to sell altcoin is when you already get a profit of more than 50%, but you should not be too happy first because you have to go through a process called waiting, so your patience will be tested when you have altcoin, and make sure you buy altcoin which has the potential and can provide guaranteed benefits.
Topic: Best Time to Sell Altcoins - page 4. (Read 5522 times)
It will depends on what altcoin and how much your profit selling it. But i think its better to sell an altcoin once the value of bitcoin increase then buyback when btc falls back again.
And i think it its much better to gain more BTC than dollar since if you are accumulating more satoshi then you don't care if the value decreases since the price of it could rise up more then you can buy and sell an altcoins.
And i think it its much better to gain more BTC than dollar since if you are accumulating more satoshi then you don't care if the value decreases since the price of it could rise up more then you can buy and sell an altcoins.
It really depends on the coin. If it's one that has a lot of FOMO but not much of a long term value I sell it as quickly as possible, even if the profit is small.
But the ones I think have a nice future (e.g. BAT) I hodl them, selling only small chunks of them after a good pump, only to rebuy more later. Thanks to the latter practise, my alt coin portfolio hasn't suffered much (in $ value) during this never-ending bear market. Hopefully the tables will soon turn :/
The market is giving some indications that it is about to turn, alts especially are performing really well, but what we do not know is how long will this last, the last time the market was giving this very same indications the market suddenly crashed in a matter of hours and I am sure many people are going to be very nervous the same is going to happen again so it is likely that this time around the growth will be slower, but as long as this is the beginning of an altcoins season I do not mind how long the growth takes. But the ones I think have a nice future (e.g. BAT) I hodl them, selling only small chunks of them after a good pump, only to rebuy more later. Thanks to the latter practise, my alt coin portfolio hasn't suffered much (in $ value) during this never-ending bear market. Hopefully the tables will soon turn :/
best time to sell altcoin is when you earned BTC, not USD
because if you sell for USD gains, you might lose in your BTC in long term
Of course, Altcoins cannot be sold right now, they have fallen dramatically in price. On the contrary, I’m buying even more coins now. And I expect a price increase of at least 70% next year.because if you sell for USD gains, you might lose in your BTC in long term
Completely depend on the coin we choose because some coin will show their potential in a short period of time, but we need to have patience in this altcoin market. If you cannot sell them for higher prices suddenly the prices of the coin will drop that's why we need to be very active in the market.
People divided in two groups.
1.Technical Analyze working
2.Technical Analyze not working
I am in both sides. With following technical analyses, you can not be on profit. BTC mostly does not listen technical analyses.
By the way with good studied technical analyses you can guess what to do when a price of a coin come to certain point. You determine your points earlier and do what you planned to do when the price come to your analyzed level.
Basically, resistance and Fibonacci levels are good points for selling the coin.
Can it go higher after you sell? Sure.
But there is no limit and you must determine the limit for protecting your profits and control your losses.
Completely depend on the coin we choose because some coin will show their potential in a short period of time, but we need to have patience in this altcoin market. If you cannot sell them for higher prices suddenly the prices of the coin will drop that's why we need to be very active in the market.
It's very important to be active in the market every day because prices will continue to experience changes that you would not expect. Every second will get a new price that you might not be able to guess correctly.
Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
It is up to each altcoin. There are some shitcoins that haven't real potential and already deads, no working product, and very lazy devs, in this case selling them at any available price is a unique choice.
On the other side, there are actually a few altcoins that deserve a long term holding, like ETH and BNB, for example.
best time to sell altcoin is when you earned BTC, not USD
because if you sell for USD gains, you might lose in your BTC in long term
because if you sell for USD gains, you might lose in your BTC in long term
Usdt graphs of many coins looks more logical than the graphs at BTC pair. While using Fibonacci, determining resistance and supports USDT pair looks much more predictable than BTC.
If you are a TA guy and trading frequently you can gain more while trading at USDT pair instead of BTC pair.
Of course sell point never change. Partially buy at support and partially sell at resistance.
best time to sell altcoin is when you earned BTC, not USD
because if you sell for USD gains, you might lose in your BTC in long term
Of course, Altcoins cannot be sold right now, they have fallen dramatically in price. On the contrary, I’m buying even more coins now. And I expect a price increase of at least 70% next year. because if you sell for USD gains, you might lose in your BTC in long term
best time to sell altcoin is when you earned BTC, not USD
because if you sell for USD gains, you might lose in your BTC in long term
because if you sell for USD gains, you might lose in your BTC in long term
looking at the current bear market, it seems that only a few people will sell the altcoins they currently have. it is very difficult to find the right time to sell altcoin at this time, sometimes we think the potential of altcoin that we have is still very large.
like me, who until now still piled up ethereum. I always want to sell it, it's just that I feel that its potential will soon open up in the near future. maybe I will sell it when the price may already be above $ 500. I just hope that ethereum 2.0 technology will make ETH prices go up. but I feel that halving bitcoin will affect altcoin prices to be higher. until now, that's the only strategy I have thought of for altcoin.
like me, who until now still piled up ethereum. I always want to sell it, it's just that I feel that its potential will soon open up in the near future. maybe I will sell it when the price may already be above $ 500. I just hope that ethereum 2.0 technology will make ETH prices go up. but I feel that halving bitcoin will affect altcoin prices to be higher. until now, that's the only strategy I have thought of for altcoin.
Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
You need to follow the development of the coin if they are not doing enough update and they are late in launching their platform you can sell it, anytime to cut losses, but if there are updates but the updates will have you wait for months, and there is small profit you can sell right away, the best time to sell coins is how you observe the development of the coin, there is no timeline here.
depending on how long you want to store these coins, if only for a few days or weeks sell when the market is green and buy back when it is red, many people always buy when the market is green and start panicking when the market is red then sell it (cutlose).
if for the long term maybe you can sell at the end of the year because of the chart at the end of the year the market is always going up.
if for the long term maybe you can sell at the end of the year because of the chart at the end of the year the market is always going up.
Completely depend on the coin we choose because some coin will show their potential in a short period of time, but we need to have patience in this altcoin market. If you cannot sell them for higher prices suddenly the prices of the coin will drop that's why we need to be very active in the market.
It's very important to be active in the market every day because prices will continue to experience changes that you would not expect. Every second will get a new price that you might not be able to guess correctly.
Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
For me, the best time to sell altcoin is when it's the price is too high. The only altcoin that I have been holding are ethereum, ripple and binance coin. Those altcoins have great volume in the market that's why it is good to hold. My strategy on my altcoin is I will hold it until I have seen again the bull market. Maybe at the right time I will sell those altcoins but for now, I will hold it and I have a plan to buy more ethereum and binance coin. Completely depend on the coin we choose because some coin will show their potential in a short period of time, but we need to have patience in this altcoin market. If you cannot sell them for higher prices suddenly the prices of the coin will drop that's why we need to be very active in the market.
It's very important to be active in the market every day because prices will continue to experience changes that you would not expect. Every second will get a new price that you might not be able to guess correctly.
In my opinion the right time to sell alt is when the market price rises, or is higher than the price we first invested, or if the alt price in the market goes down then we have to see developments, are there any signs of rising or even falling again, if we are sure, it will go down, then we should sell the alt, to minimize greater losses, if alt we can through the ICO program we must always monitor developments, and when tokens are listed on the stock exchange then that's the right time to sell tokens that.
Completely depend on the coin we choose because some coin will show their potential in a short period of time, but we need to have patience in this altcoin market. If you cannot sell them for higher prices suddenly the prices of the coin will drop that's why we need to be very active in the market.
It really depends on the coin. If it's one that has a lot of FOMO but not much of a long term value I sell it as quickly as possible, even if the profit is small.
But the ones I think have a nice future (e.g. BAT) I hodl them, selling only small chunks of them after a good pump, only to rebuy more later. Thanks to the latter practise, my alt coin portfolio hasn't suffered much (in $ value) during this never-ending bear market. Hopefully the tables will soon turn :/
But the ones I think have a nice future (e.g. BAT) I hodl them, selling only small chunks of them after a good pump, only to rebuy more later. Thanks to the latter practise, my alt coin portfolio hasn't suffered much (in $ value) during this never-ending bear market. Hopefully the tables will soon turn :/
Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
How I see it: at the end of the year or after I make profit on my initial investment.
But, of course, some alts are good to hold in long term.
For selling shitcoins it will be wise to sell at resistance instead of waiting the end of the year. Also using stop loss and sell for loss at these market conditions can reduced your overall loss.
For long term, totally agree with you, need to keep them strongly, but must chose strong projects. ETH, BNB, LINK and TOMO can be good examples
Jump to: