I have my own strategy to take decision when to sell bitcoin. First thing I use to do is fix the target and wait for that time and once I reached the target I use to book my profit and again start to fix a new target.
One more thing some time I use to do if I have surplus money in had I will not book the profit and use to continue for the next task.
Topic: How do you decide when it's time to sell? - page 17. (Read 14715 times)
I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
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. Just be careful of your wallet so that no one can access your hard earned bitcoins while your holding it.
sometimes i loook for the ticker... when there is price pump.. and it reaches the resistance... that's the time i sell
I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
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. Just be careful of your wallet so that no one can access your hard earned bitcoins while your holding it.
The more I learn technical analysis, the better I am at picking the optimal entry and exit points. It's an invaluable skill that every aspiring trader should be putting most of their time into.
for me, first of all if i need money, but if you think that bitcoin value will going to fall maybe it's time to sell your bitcoin but do it in your own risk.
Thinking will not work. How do you know that the value of bitcoin is going to fall when you are not a soothsayer or a future seeing god. We can only speculate and assume but does that affect bitcoin from swinging where it wants. I made some prediction lately to sell at $7200, hoping there would be a little bit of correction below $6900 and then it seems I am really wrong. That is just how it is, sometimes even after analysis, anything can happen to change the drift.
for me, first of all if i need money, but if you think that bitcoin value will going to fall maybe it's time to sell your bitcoin but do it in your own risk.
Thinking will not work. How do you know that the value of bitcoin is going to fall when you are not a soothsayer or a future seeing god. We can only speculate and assume but does that affect bitcoin from swinging where it wants. I made some prediction lately to sell at $7200, hoping there would be a little bit of correction below $6900 and then it seems I am really wrong. That is just how it is, sometimes even after analysis, anything can happen to change the drift. I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
Actually, for me the entry point is as importsnt as the exit if not more important. As long as you get in at the right time, profit would be easier to predict. 10-20% would be a big prize already for me
On the other hand, some needy people also sell it at the price greater than the market value when there is he pumping phase because they find it as a method of earning profits.
I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
Actually, for me the entry point is as importsnt as the exit if not more important. As long as you get in at the right time, profit would be easier to predict. 10-20% would be a big prize already for me
I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
I decide selling bitcoin depends on:
my needs
bitcoin price is high i can get good profits.
The thing is I myself do not think of selling of bitcoin as some good idea. The way bitcoin market’s price is increasing with each passing day is a proof of this thing that holding can help you in making more money. In case of need, I only sell my bitcoins at the time when I am having some good amount of profit in return. I do not go for panic selling as it will only result in huge loss.my needs
bitcoin price is high i can get good profits.
I think you need to monitor it everytime. Don't trade if your lazy to watch of your coin. Just sell if the price gets higher.
That may depend on you how to make profits. What you have said, this is like profiting with fixed margins. Anytime when you have achieved your profit margin just sell, don’t wait. But this may be different in case of person who is interested in long term profiting. Like holding their coin. In this one, you have to be patient for a long a time and no need to sell at any high place until a big profit margin have been achieved.
I think you need to monitor it everytime. Don't trade if your lazy to watch of your coin. Just sell if the price gets higher.
That may depend on you how to make profits. What you have said, this is like profiting with fixed margins. Anytime when you have achieved your profit margin just sell, don’t wait. But this may be different in case of person who is interested in long term profiting. Like holding their coin. In this one, you have to be patient for a long a time and no need to sell at any high place until a big profit margin have been achieved.
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?
When the value of bitcoin goes up think wisely because no one can predict if the value goes down and up so if the value of bitcoin goes up try to sell a half of your bitcoin this is the wise thing that i adviced to you. 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?
Depends on the coin you are holding, with bitcoin you really dont sell it per say, you just let it do its thing, remember its going to go up and down but everyone main objective is to get it going up in price, so just hold on and enjoy the ride. Dont pull out every time it dips, even if its a large dip, it will eventually bring itsself back up.
i think it still depends on the trader, if he wants or needs money urgently then he might want to sell his coins immediately even if the value of the coins arent that high enough but if he doesnt need it then its better if he can just hold it until he is satisfied with value of the coin. though in my case , i usually sells whenever i see an unusuall increase in the price (i.e 2x or 3x)
Depends on the coin you are holding, with bitcoin you really dont sell it per say, you just let it do its thing, remember its going to go up and down but everyone main objective is to get it going up in price, so just hold on and enjoy the ride. Dont pull out every time it dips, even if its a large dip, it will eventually bring itsself back up.
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?
Im not yet try this trading but based on my research try to buy or hold this if the line is low then sell it when you see some people sell their bitcoin because it cause to dump again this is a cycle of trading just be patient always. 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?
my strategy when i decide is wait until the price go up and when it's low i will not sell until it will go back to a high price so i can earn more.
For now that's the current situations that we should do because the alts were on the way to pump of its price, we better not put our hands into weak status because regrets may follow. In order for us to sell right aways, never decide in a lower price and its better to have the current monitoring of the price so that you eventually check the daily trades or the quicker price that may surge up higher that its recent value in the market. After all of the dumps thats happening right now the reality of it the price will be back to bigger value again and we can see the predictions to come to reality this month end of the year.
my strategy when i decide is wait until the price go up and when it's low i will not sell until it will go back to a high price so i can earn more.
for me i sell my coin if i see the price is higher longer than my fund before..sometimes greedy can make you to blame your self because waiting to much higher.. just sell if you know your coin is already earn...
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