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Topic: How do you decide when it's time to sell? - page 11. (Read 14650 times)

newbie
Activity: 126
Merit: 0
January 13, 2018, 03:01:00 AM
when overbought.. or if u reached ur desired price..
member
Activity: 566
Merit: 10
January 13, 2018, 02:15:49 AM
I set an alarm on my blockfolio to know when the profit margin i set for the trading has gotten to that amount, but if you're a busy type you can watch the market often to see the growth and sell when you hit you target.
member
Activity: 322
Merit: 10
January 10, 2018, 01:26:15 PM
I set a profit margin of almost 8% or 18% and as soon my invested coin reaches that price target,then i just sell my coins and complete the trade.Some don't set such profit limits and they simply follow the price rise thinking that it would continue to rise and suddenly when it gets dumped,then they suffer a huge loss by selling their coins at much lower price than their bought price.
Its so simple to know about when to sell bitcoin I think he best way to sell bitcoin is to check the price of bitcoin every day now a days bitcoin price is very high and in my country bitcoin price is very high when you want to sell bitcoin so you can sell bitcoin because this price is coming from last month and its one of the highest price of bitcoin which I never see before and I’m sure that in coming time bitcoin price will go more high.
sr. member
Activity: 309
Merit: 251
Make Love Not War
January 08, 2018, 02:55:36 AM
I try to set an alarm in blockfolio, once it hit it I sell it, you can clearly see the price if it is incredibly unstable high as of the moment due to the sudden surge. The when I sold it I set again a low price order just in case the price goes low once again. Let the market be your friend, work with price flow and not against the flow.
sr. member
Activity: 462
Merit: 250
January 08, 2018, 02:15:20 AM
Usually, I'm contented if my altcoin reached 100% up and I sell it but there are some other coins that I know that can go up not just 2x but 100x and those are the likes of ripple and tron.
for me if i know that this may enough for me to gain profit i take the opportunity to sell it cause for me this is more good than if there may have the time to take this down then i may not able to sell this is what others may regret for.
member
Activity: 120
Merit: 10
January 08, 2018, 02:04:51 AM
I decided the right time to sell was when the price of the coin I wanted to sell was high, because by selling at a high moment the huge profit potential was wide open.
full member
Activity: 532
Merit: 100
January 08, 2018, 02:03:10 AM
Usually, I'm contented if my altcoin reached 100% up and I sell it but there are some other coins that I know that can go up not just 2x but 100x and those are the likes of ripple and tron.
full member
Activity: 238
Merit: 100
January 08, 2018, 01:41:21 AM
Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
We all want to earn a big amount of money out of trading process but in order to do that we should be monitoring the movement of coins in the market. There’s a blockfolio application that are easy to monitor the prices of each coin and if ever you want to get notified about the value of the coin then there is also a feature in the app that you will set the value of the specific coin and it will automatically alarm or notify you once it reached the set value. That application has lot of features that will help you in trading and you should install it in your mobile phone.
member
Activity: 126
Merit: 10
Patience and knowledge are gold.
January 07, 2018, 05:18:41 AM
Depends on the project or the rise of the price of it. Nd also your goals. If y just wanna make fast profit you should sell them and go and invest on a new one
jr. member
Activity: 126
Merit: 3
January 07, 2018, 01:32:44 AM
I set a profit margin of almost 8% or 18% and as soon my invested coin reaches that price target,then i just sell my coins and complete the trade.Some don't set such profit limits and they simply follow the price rise thinking that it would continue to rise and suddenly when it gets dumped,then they suffer a huge loss by selling their coins at much lower price than their bought price.
member
Activity: 294
Merit: 10
January 07, 2018, 01:05:57 AM
it depends on me what time to sell because i sell it when the price is high and i think it would be  risky if i didnt sell in high price because its tired to wait then the price would go low again.
According to my plan of trading with bitcoin I will still busy in buying because the rate is not too high now and will be waiting for future when the rate of bitcoin will increased up to 25k $ then I will start selling bitcoin and can make a huge profit at that time by selling my coins.

Basically, the best time to sell is when the price is high to gain profit. Your financial  need  is also one of the factors. Sometimes if you are too greedy always thinking you don’t want lose could affect your decision. I guess you need to just relax and sell. Stop panicking it can’t help.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
January 06, 2018, 10:16:43 PM
I decide to sell my coins when the price is higher than the price where i buy.
full member
Activity: 184
Merit: 100
December 27, 2017, 05:28:16 AM
First factor that makes me decide to sell is when i badly need the money and no other source of funds for that urgent needs, 2nd is when the price reaches high to the moon and you are already satisfied of the increase of the money you invested, that’s the time i may decide to sell and wait again for right time of buying for another holding...
You have got very nice plans with bitcoin and I am sure that you will succeed in doing so. Bitcoin is going to increase in value by next year and 25,000 dollars is easy for bitcoin to achieve by the mid of coming year, 2018. I am also in favor of collecting bitcoin as much as you can regardless of the prices it is at because the fact is that you will earn big profit with it after holding it for some time. It is never going to put you in loss.
full member
Activity: 386
Merit: 100
December 22, 2017, 02:31:57 AM
First factor that makes me decide to sell is when i badly need the money and no other source of funds for that urgent needs, 2nd is when the price reaches high to the moon and you are already satisfied of the increase of the money you invested, that’s the time i may decide to sell and wait again for right time of buying for another holding...
Whether price is on the moon or at the dip, that must not matter, what should and must matter is the target. Anyone who is investing money in the crypto currency, has some vision, mission and target. I suggest is to sell it when you have achieved your target and if you want to stay in the market, then set another target from that point. By doing this you will get a sense of achievement as well as contentment.
full member
Activity: 265
Merit: 100
December 22, 2017, 02:30:43 AM
Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?

Whenever i needed money i will sell bitcoins and when it is really an emergency and i really need a money i will sell my bitcoins even if the value drops. But as much as possible i am not gonna sell my bitcoins because i believe that the value of bitcoins will be worth$50k that is the predictions of those experts and they always right because all those prediction come to reality and when that happen i am gonna be a millionaire and after that i am not gonna hold that anymoreband i will sell all of that then i will built my own business then i am gonna start bitcoins again from zero.
sr. member
Activity: 350
Merit: 250
December 22, 2017, 02:15:27 AM
yup. in my strategy, after researching carefully about each coin, i will set own selling price for them. when it hits that target i will sell. i dont care if it will continue rising..
full member
Activity: 232
Merit: 113
★777Coin.com★ Fun BTC Casino!
December 22, 2017, 02:01:47 AM
In my own experience, i decide to sell when it is high enough for me. Because you need to buy when it is low value. And sell when the value is high. So basically i sell it when i think it is high to so then i could get much more profit when i invest. On the the other hand sometimes i lost the opportunity in selling when it's high. How do you know when to sell if you don't know when it is high enough? It's there some strategy or tips?
full member
Activity: 334
Merit: 100
December 22, 2017, 01:25:34 AM
Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
I always doing day trading! I always buying a coin when the price is low and I always selling my coins if the price is increased by 10%-20%. You must also try this strategy for you to earn money in trading.
As you said, so, if the price of which coins you had bought dumped and you have loss, you will never sell your coins, is right Cheesy? You have to remember 10-20% for the cryptocurrency market is easy to earn, but for other market, this is very high profits.
There is nothing good which you can get by selling your coins at price less than at which you bought them. If you really want to achieve your goal, then you must sell your bitcoins at the time when the market value is going high enough. The amount of profit which you want to earn carries a significance importance in deciding the right time of selling of your bitcoins. Do not sell till the time you are not getting your desired amount.
hero member
Activity: 882
Merit: 500
December 21, 2017, 02:57:30 AM
it depends on me what time to sell because i sell it when the price is high and i think it would be  risky if i didnt sell in high price because its tired to wait then the price would go low again.
According to my plan of trading with bitcoin I will still busy in buying because the rate is not too high now and will be waiting for future when the rate of bitcoin will increased up to 25k $ then I will start selling bitcoin and can make a huge profit at that time by selling my coins.
It all depends on how much profit you what to earn from each of your bitcoin. I do sell my bitcoins but I don’t sell them on routine basis. I only sell my bitcoins once I get my desired amount of profit. However, selling the bitcoins right now is not a good choice as the market value of bitcoin is still rising and it will continue to rise in the coming days as well. You need to remain patient for better results.
full member
Activity: 336
Merit: 100
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
December 18, 2017, 01:47:25 PM
Im not an expert trader,but when im on trading, i didn't wait the coins reach the highest value because its unpredictable right? the most important to me is i trade and gain profit.
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