Topic: How do you decide when it's time to sell? (Read 14714 times)
There is many widgets, apps and special bots, which are signalising, when the face a good price, I even fell that there is already bots to trade like that, low - buy, high - sell.
Selling bitcoin depends in the necessity of the owner and of course the price of its exchange. The higher the price the best time to sell bitcoin because the more people also want to buy it.
Only buy my own feelings
For trading i always put my asset in altcoins with good trend, make a analyze with resistance and support area then take a target prices to earn a profit.
If you learn risk and money management then you can know how much a profits with your assets, dont be greedy and dont be afraid.
If you learn risk and money management then you can know how much a profits with your assets, dont be greedy and dont be afraid.
Based on my personal experienced, I always plan to sell my investments once my securities or investments surpass its book value that I bought for.
Through this I can incurred a income without doing anything to earn it, the money will work for my future and not me.
Through this I can incurred a income without doing anything to earn it, the money will work for my future and not me.
Many users here are talking about highest peaks, to sell high, buy low etc. It sounds easy but it's not. Everyone knows you should buy low, sell high but most of unexperienced traders doesn't know when is the right time to sell or buy. So how can you be sure when the price is high and it won't go even higher? Or when the price is low that it won't go even lower.
You could never know that 100%, but you can help yourself with tehnical analysis with some combination with a fundamental analysis.
Those analysis are not correct all the time but if you have some TA experienced trader you could predict important lines and make some important trading moves based on that. I like to swing trade. It's less stressfull than daytrading. But daytrading can be fun too
You could never know that 100%, but you can help yourself with tehnical analysis with some combination with a fundamental analysis.
Those analysis are not correct all the time but if you have some TA experienced trader you could predict important lines and make some important trading moves based on that. I like to swing trade. It's less stressfull than daytrading. But daytrading can be fun too
paying close attention to bitcoin graphic's rise and fall is very important. doing a few research with last years graph is an advantage. as for me, it help me realize and understand why, bitcoin is suddenly low for a while. but looking on its slowly rises every now and then, leads me thingking that maybe the same thing will going to happen by end of this year! so, its the best time to buy now. and sell by end of the year! my opinion
It is a commonsense actually, because the right time to sell is when the market value of bitcoin or other cryptocurrency in the market reaches its highest peak in the world trade market.
To understand when it's time to sell, I study and look at many things. These are trading indicators, analysis of the situation on the market, trade diagrams, news in the media, indicators of trend changes, the history of change in the price of a coin, intuition, some experience, expert opinion, etc.
Long term view of your coin is the solution to market volatility. If you hold your coin in the hope that it will rise in price overtime, you are not likely to miss the top price and you are likely to sell at top as well.
When the price is high, I will sell it. When the price is low, I will keep it or buy it.
First of all, you should judge whether the currency in your hand can reach a certain price and make a decision. If I buy some currencies at a price, I will of course wait until the price goes up.
When you get sufficient profit
When you know that the price is fluctuating and going more in the forward ratio then you can set your coins for selling in order to earn profit and if the ration of downward sign is going more than you have to decide more to buy the Bitcoins or any coins you have but Bitcoin is the most responsive ones in the market. When you have a lot of money then put forward for Bitcoin and if not a lot of money then start trading and make money in order to step forward for investment.Well, where you will invest it is very important, we have many coins to invest, and some shitcoins will have more potential, and it will make you invest. Don't go for those coins. Always concentrate on top 20 coins on coinmarketcap
You are looking for big profit means you should invest in high potential coins. I will look for cheap price coins and high potential, and I have the patience to wait until the price reach my target.If you are dealing to earn more out of your Bitcoin, it could be better if you will consider to always check the value of the specific crypto-currency or bitcoin becasue there is always a right time to sell in terms of you target price and goal to earn for you to achieve something
In my kind of own way of selling my bitcoin, I decide to sell my bitcoin when I get the chance to be able to catch up the high value price of selling. Its rare for me to catch up the chance of knowing the high selling price of bitcoin because I am not online always, so i'll always grab it.
I think this requires you to make an assessment based on the market. Although this is hard to judge, I think that as long as you have a clear goal, then you can be more clear in this market, and not be rising or falling in currency prices. It affects your judgment.
I decide to sell my coins when I think I got the target price and I will earned from it, so I better check the price always.
To me i still do not have any tarket for bitcon selling, i am only holding my bitcoin which i have bought a year before, and still will continue holding it for next few years, because i am very much conrfident about bitcoin wihich is going to be our main currency in future, that is price will continue increasing and will surely give us a very good profit after some time. You were the one who got into the market and bought all the coins yourself so you should make that decision on when to sell yourself. It’s a matter of choice and not about any economic indicator, if it suits you to sell then go by it.
first of all the whole of this situation will be affected by the level of your financial stability. If you need money, then despite the market rate but no, you will still be forced to sell.That's not a bad move , it's actually a brillant move, through. but do the researchs about them first then decide later and don't be regret about it cause you're not doing it carefully.
I will sell it when the price matches my target, and what I do always keeps track of market developments. and if the price has not reached the target, I will hold it no matter how long I have to wait and the reason is because I have a steady job or a steady income. and the reason is that I do not really need it so I will hold it to reach the target or sell it when needed.
between desire and necessity is a huge chasm. You can sell Bitcoin when you need money, or when the price reaches a certain maximum. But do you expect such a maximum price for Bitcoin in the future? What price for you is normal and real? 
I will sell it when the price matches my target, and what I do always keeps track of market developments. and if the price has not reached the target, I will hold it no matter how long I have to wait and the reason is because I have a steady job or a steady income. and the reason is that I do not really need it so I will hold it to reach the target or sell it when needed.
By the way, there are still a lot of people that think that can be rich in a few months from now just by trading with $100. That is the real problem of why we see a lot of people losing money
Trading is not for everyone, you need to understand what you are doing before doing it.
Trading is not for everyone, you need to understand what you are doing before doing it.
You were the one who got into the market and bought all the coins yourself so you should make that decision on when to sell yourself. It’s a matter of choice and not about any economic indicator, if it suits you to sell then go by it.
first of all the whole of this situation will be affected by the level of your financial stability. If you need money, then despite the market rate but no, you will still be forced to sell.Jump to: