Topic: How do you decide when it's time to sell? - page 15. (Read 14650 times)
Depending on each coins, I will have a own strategy for them. If it is a new tokens, I will hold and wait until the project finish. If it is an old altcoins in market, I will sell after get about 20% profit
Setting up a target price to sell is the most important skill in trading. No one can teach you this lesson. You have to practice many times to get experience.
I usually base my sell signal in the chart activity. When the price is about the dump, and volume of sells started to increase. I start making selling. I also base my sell signal in the news. For example, NEO dump because of China's new policy in ICO investing. 
I always decide selling bitcoin on my situations,sometime bitcoin price will increase on that case i am happy to sell it.some crucial times also i will set the bitcoins.
In short you are trying to say that selling your Bitcoins is due to a mere reason of falling short of money supply required meet the daily needs of a person. but if you allow me to guide you in this regard then my suggestion would obviously be a big no to selling the BTCs. this is because prices we rise to a higher level without you getting noticed about the situation and hence it would become impossible for you to buy whatever you have sold again.You just have to be very smart about your decisions so you do not end up making the wrong move and even if you do, you just know how to get back in.
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?
if the price that im targeting comes real or maybe closes to it.thats why im into long term investment because i have my target price.and im not into hurry i believe that patient is the key to success here in crypto currency worldd 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 determine the time to sell by properly studying the scaling ( the rise and fall of the price). When the price is high enough for me to buy and o sell when it is low. It takes patience to get the profit out of it. Of not one will sell at loss. One can check the scale at the exchange site.
I am checking the price first and i will decide to sell if the price reach the price that i have in mind. Because i am satisfying my self on that price so i wont have any regrets later. This is how i decide when to sell.
There is no right time of selling your bitcoin. It is you who has to decide this thing that when is the right time of selling your bitcoin. You being the owner knows this thing in a better way. For me, holding of bitcoin is more beneficial than that of selling of bitcoins. I do sell my bitcoins but at the time when I see getting a very good amount of profit by selling them. I do not sell until I get 50% of the profit.
sell on the way up, until your initial investment is out, then
stay and play with winning money.
stay and play with winning money.
Just wait for the prices high then you will sell the bitcoin. But you will know the prices infromation high and low it will help to sell or hold your bitcoin. If need the prices information check the wallet and market places. You will check every day so it good to for the future growth then you will learn more information bitcoin prices change day by day so you will know the prices information.
sell on the way up, until your initial investment is out, then
stay and play with winning money.
stay and play with winning money.
Setting up a target price to sell is the most important skill in trading. No one can teach you this lesson. You have to practice many times to get experience.
When it easily pumps and reach atleast 50% or 100% and i already get a higher profit that is my indication of selling my bitcoin or altcoin.
It is all about the day how the trend is I check the news weather there will be panic in the market will raise.
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?
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?
The deciding factor that tells whether it is time to sell has always been the value of the coin that one sells. Of course, in order to surpass the marginal capital cost of expenses used to buy the coins, thereby making the seller earn more. So, we need to carefully plan everything before selling in order for us to succeed.
In my own experience, i sell coin when my profit has being doubled, for me that double was good enough to be profitable. And when i sold it, i buy other coins at low price then wait for it to be doubled,
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?
Well, I set a particular amount on when Im going to sell my bitcoin.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?
Because if I just relay to the period of time on how long Im going hold it, im sure got a loss.
So for me in order to have a profit a set a particular amount.
That if bitcoin reaches that amount Im going sell it weather in a short or long period of time.
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?
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?
Nice question. For me, I do selling when I already gained profits, it doesnt matter anymore if how much profits I earned as long as I have and no loss at all. It's very risky in trading we should be careful always when buying and selling.
I keep on checking the price on hourly basis and if it reaches to my price then I plan to sell some of my bitcoins as holding too long is very boring for me and I like to play with bitcoins by buying and selling on timely basis and if the profit margin is really good then without thinking twice I sell some portion of my coins as I can buy it back any time when price will decrease in near future.
Ha ha.You can play with bitcoin by selling and buying means, you should not depend on the income from trading for your economical problem. You should have separate money for your economical problem. You can save your Profit from bitcoin for future economical resource.I will use to check the status of bitcoin in every two or three hours, why because if you often seen it means it will make you confuse for the small fluctuations.
I usually sell coin when it has a good event going on, it gets on a bigger business page or there is some bad news that can affect it. In Crypto Investments, the volatility of the market affects a lot of your coin. So sell when there are profits.
I keep on checking the price on hourly basis and if it reaches to my price then I plan to sell some of my bitcoins as holding too long is very boring for me and I like to play with bitcoins by buying and selling on timely basis and if the profit margin is really good then without thinking twice I sell some portion of my coins as I can buy it back any time when price will decrease in near future.
I am checking the price first and i will decide to sell if the price reach the price that i have in mind. Because i am satisfying my self on that price so i wont have any regrets later. This is how i decide when to sell.
The problem is that you can’t really tell the right time to sell and the rightful time to buy. You just have to study the price perfectly and predict by yourself what the price is going to be next, just like you will do in forex trading. But sometimes it’s always easy to predict the price especially when the price is on a steady movement to a certain direction, either up or down. 
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?
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?
Simple strategy that works for me. First I set a specific target for a coin to hit, then ill monitor the movement of its value whether it has a potential or just a hype. I also read comments and news about a specific coin as a backup reference. Then ill just hold onto these coins until I reached the target value, if theres still a potential for the coin to go further increase or a pump of value, then ill hold it further more as well, then sell it. But in some cases like emergency or necessity ill sell it right away when it hits my target.
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