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Topic: How do you decide when it's time to sell? - page 2. (Read 14650 times)

member
Activity: 462
Merit: 10
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.
sr. member
Activity: 700
Merit: 254
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 don't expect much and aim for too much. What I do is just I first set my desired amount and hold until the value of my holdings reach it. I believe that it is our patience that matters because it is actually our greatest weapon or armor towards the changes here in crypto world.
member
Activity: 154
Merit: 10
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.
hero member
Activity: 644
Merit: 500
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.
member
Activity: 238
Merit: 10
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.
member
Activity: 137
Merit: 10
ICO starting on 16th of April!
When you are comfortable with your profit or better still, when you have decided from  get go the target  price for your exit from a particular trade, that when you should sell. However, there are market conditions that could make you sell earlier or later than planned.
Well i decided to sell when the price of  the coins i hold will pump really high, and i also plan to sell the market is green and i plan to sell my coins when i am sure that i can make now a lot of money like what happen last december 2017, i sell my bitcoin immediately when the value of it is pump to $19k.
Wow you sold bitcoin at 19k$, that a great decision. Holding is a great way to get huge profit, but choosing a selling point is really hard. I usually choose 50-100% for selling points, can you share your method ?  Grin
newbie
Activity: 252
Merit: 0
I've decided the target we get with the bitcoin value is more peaking, it's our hope that we get a big profit, so we will be more profitable with the high price.
member
Activity: 208
Merit: 10
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?
Depends on how much a person wants for his ROI's. If you are contented with small profits then sell when prices starts to go up but if you want a big profit then you just hold and wait till prices would go sky high.
member
Activity: 190
Merit: 10
good question and high quality comment  Grin Grin
my opinion: I buy what I believe that it's price would raise alot, hold till it double then sell ^^
sound not that easy, but I already won 3 times
newbie
Activity: 115
Merit: 0
Every day I pay attention to the price. Compared to the past, when the price is lower than your goal, you will be very disappointed. First of all, you have to make your own judgment. When this coin reaches a certain price, you should consider whether it should be sold.
member
Activity: 254
Merit: 10
I do not trade but do hodl for a long period of time like a year so the risk of loss becomes smaller
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
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?


probably your correct hard to set up an open order to sell altcoins the price is in the lower price. some trader's stop working and the coins they have kept holding in their exchange and forget it for the meanwhile waiting for the stable situation of the crypto currency increase their price to avoid cut off loses.
full member
Activity: 334
Merit: 102
When you are comfortable with your profit or better still, when you have decided from  get go the target  price for your exit from a particular trade, that when you should sell. However, there are market conditions that could make you sell earlier or later than planned.
Well i decided to sell when the price of  the coins i hold will pump really high, and i also plan to sell the market is green and i plan to sell my coins when i am sure that i can make now a lot of money like what happen last december 2017, i sell my bitcoin immediately when the value of it is pump to $19k.
full member
Activity: 1204
Merit: 104
Before I sell, I do glance at some of the news to check whether there are forks ahead. If it does affect pricing within the first few hours of it's implementation I would sell my BTC an convert in to fiat currency. Then if the pricing starts climbing again, I'll buy in some BTC and hodl until the pricing reach a stable zone. Thus, generating some profit with that being said, some of the profit might or can be invested in altcoin for future usage and investments. Key points: check for the latest news, check price chart often, and hodl.
Of course, if you go for someone to choose, then the first thing is always passing the schedule. That is why there is an opportunity to navigate in the price category of different coins. And many things can affect the fact that I change my mind about some who think in favor of others.
full member
Activity: 305
Merit: 100
Before I sell, I do glance at some of the news to check whether there are forks ahead. If it does affect pricing within the first few hours of it's implementation I would sell my BTC an convert in to fiat currency. Then if the pricing starts climbing again, I'll buy in some BTC and hodl until the pricing reach a stable zone. Thus, generating some profit with that being said, some of the profit might or can be invested in altcoin for future usage and investments. Key points: check for the latest news, check price chart often, and hodl.
member
Activity: 308
Merit: 11
I have slightly longer time frames of once per day on twitter to get the latest news. and dart around reddit and websites finding whatever I can learn.
But now crypto has settled into almost definite looking patterns, pump before news sell after news. so buy the rumour sell news
hero member
Activity: 728
Merit: 502
I think trading in crypto by trading analysis is very hard.The behaviour of crypto market is harder to predict than stock market in my opinion.I usually set sell order at margin of 20 % for normal crypto and 30 -40% when certain crypto in hyped in that period.
This must be a question for those who invest for a month or few months. Okay so in this case, you sell when the prices of Bitcoin surpass the one you have paid for. This is the time when you should sell and you would be better off. For those who are the long term chaps, they need not to ask questions like this because they know the consistent rise in the price level is a slow but profitable process. Sometimes the rise is so sharp that is pays of for their patience and the short term investors are again attracted to buying BTC now at high prices.
member
Activity: 185
Merit: 10
When you get sufficient profit

I guess the right time to sell is that when you already  earn or get more profit from your investment and predict that the price of certain coin is already on it's top.
member
Activity: 280
Merit: 10
It is very simple when your all trades or any specific trade is in profit then you can easily and happily decide it’s time to sell and you can get a good profit from this trade,
full member
Activity: 588
Merit: 101
When you are comfortable with your profit or better still, when you have decided from  get go the target  price for your exit from a particular trade, that when you should sell. However, there are market conditions that could make you sell earlier or later than planned.

Right. Now I cannot say that I am comfortable with my profit. I do not need money urgently that is why I am going on to hold my altcoins and Bitcoins. Hope that soon we will see that crypto has green positions.
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