How do you decide when it's time to sell? - page 23.

liuqi

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LuckyB.it is Back!

Quote from: BingoDog on September 25, 2017, 12:19:37 PM

I simply follow my needs. Maybe my advantage is that I don't buy bitcoins but earn them so I'm not so worried about the loss when the price goes down. I sell my coins or use bitcoin debit card when I need some extra funds but I'm always careful not to spend everything. When you sell it's important not to lose the funds you have invested.

Why we should not buy bitcoins. That will increase in future for sure. So everyone will looking to buy the bitcoins whenever they get the money. I do selling bitcoins whenever I am in need of money unless that I won't sell my coins and save it for future. You will definitely knows most of the people hold the bitcoin for long term. I am considering that as much savings as well as investment to grow.

Kupid002

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Quote from: Taskford on September 25, 2017, 09:12:28 AM

Quote from: rakib97 on September 25, 2017, 08:59:01 AM

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Do not follow the investors or the moves of the other people. You need to build your own strategy and build your own originality in order to make better trades in the future because if you will depend on someone or something then it will not become a great way to be a master of trading. You need to stand at your own feet.

yes thats right dont look for what the investors might their move when its time to sell making your own decision will help you a lot by this format you must gonna do what your strategy on that so by this if you might loss that would be your lesson as a trader much better if you loss with your fault and not by the others what told about you.

Lucasgabd

legendary

Activity: 2506

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There's no need to be upset

a possibility:
the time to sell is when the trade hits your target
for best results just get in trades with risk/reward >= 2
preferabily: 3/1

Cazkys

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Activity: 672

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An example scenario when I'm selling be it stocks, Alternative coins or Bitcoin the things that I look up first is if I need the money now or if the current price ceiling have already been reached. Those are my usual terms when it comes on selling. I don’t sell if I don’t need to or even if I'm told to sell what I have. I always be the first and last to decide on what to do with my own, timing is money. For me if I am need, in case of an emergency that's the time I sell equivalent to the things that I need.

BingoDog

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Activity: 658

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I simply follow my needs. Maybe my advantage is that I don't buy bitcoins but earn them so I'm not so worried about the loss when the price goes down. I sell my coins or use bitcoin debit card when I need some extra funds but I'm always careful not to spend everything. When you sell it's important not to lose the funds you have invested.

sukamasoto

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Black Panther

Quote from: coin_1122 on September 25, 2017, 08:39:11 AM

Before investing into any crypto we have to decide at what price we have to sell and at what % of profit we have to sell. If not means we have to wait until the price of coin increase otherwise you will be in loss.

Since bitcoin value still volatile , it's difficult to predict for example , I thought that bitcoin will increase into $ 5000 until Chinese's goverment decide to ban bitcoin.
But I'm still believe that bitcoin always increase as I can see on the graph history

hangar18

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Activity: 676

Merit: 500

Quote from: Taskford on September 25, 2017, 09:12:28 AM

Quote from: rakib97 on September 25, 2017, 08:59:01 AM

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Do not follow the investors or the moves of the other people. You need to build your own strategy and build your own originality in order to make better trades in the future because if you will depend on someone or something then it will not become a great way to be a master of trading. You need to stand at your own feet.

Why not? If you know the move of whales, why do not follow them? Did you hear the rule " Follow the whales on the market "? Trading the oppisite their move only make you take loss while they put their money to pump/dump their coin.

J Gambler

hero member

Activity: 910

Merit: 500

Quote from: Taskford on September 25, 2017, 09:12:28 AM

Quote from: rakib97 on September 25, 2017, 08:59:01 AM

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Do not follow the investors or the moves of the other people. You need to build your own strategy and build your own originality in order to make better trades in the future because if you will depend on someone or something then it will not become a great way to be a master of trading. You need to stand at your own feet.

I agree that being an investor, a buyer, or a seller we have to make our own strategy and uniqueness when it comes in trading our bitcoin. Though we can get some information, advice's or even their strategies on other investors in their business tactics. I do believe that you could think the most effective strategy that you could apply in your bitcoin. Like for thinking that your going to sell your bitcoin, well it would be good if you try to study first the increasing and decreasing of prices and how it works before you take a risk.

micher143

hero member

Activity: 798

Merit: 500

Quote from: Nahl on August 24, 2017, 12:35:49 AM

it depend on the situations itself if the market uptrend still unstoppable i think i would wait a little longer to sell but normally 20-30% profit from my basic capital is enough for me and if the market situations downtrend and dropped gradually maybe cutting my losses will be my actions but there is no certain losses and certain profit in trading

If you will decide if you are going to sell your funds of bitcoin you need to have a reason or somehow a basis for you to deal with it with transaction or trading. But for me it would be better if you would consider on depending on the price of bitcoin in terms of its value in the market where you could earn the soon you have the time to deal with good decision on sellng your Bitcoin.

Taskford

hero member

Activity: 2520

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Quote from: rakib97 on September 25, 2017, 08:59:01 AM

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Do not follow the investors or the moves of the other people. You need to build your own strategy and build your own originality in order to make better trades in the future because if you will depend on someone or something then it will not become a great way to be a master of trading. You need to stand at your own feet.

rakib97

sr. member

Activity: 252

Merit: 250

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Yukyzu

full member

Activity: 241

Merit: 100

first you have to monitor the market situation whether it will continue to rise or the price of btc will decrease, but do not be quick to believe the issue is thrown into the market, usually there are certain parties who deliberately cause panic so they get btc with cheap price.

coin_1122

full member

Activity: 1134

Merit: 102

Before investing into any crypto we have to decide at what price we have to sell and at what % of profit we have to sell. If not means we have to wait until the price of coin increase otherwise you will be in loss.

nightways

full member

Activity: 434

Merit: 102

Quote from: Bitcotalk on September 14, 2017, 02:50:33 AM

Quote from: erick94 on September 11, 2017, 01:49:51 AM

Quote from: eloymjb on September 11, 2017, 12:59:40 AM

i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.

your step is very precise, you must sell altcoin when it is good price and is in need. holding the coins too long is also not good because at any time the price of coins can drop drastically so when the price has reached the highest point better sold.

You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit I’ll be getting.

When the prices gets higher the average one wait for the higher records to be hit then sell this strategy will give you more profit and when the prices are low hold your coins and buy some more to save them for the coming future good time and when the time come sale the coins on higher prices and get benefits and this technical make people richer and richer.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: BobBct on September 21, 2017, 08:59:30 AM

It is easy if you want to sell it sell it after the dip because the price will go high so much (btw JP Morgan is the bought the dip). Grin

That's his way, after making some FUD on it , grab the opportunity, whenever there are dips that will be a good buy since we cn really earn on it as time passed by,the longer we hold it the better.

BobBct

sr. member

Activity: 616

Merit: 250

It is easy if you want to sell it sell it after the dip because the price will go high so much (btw JP Morgan is the bought the dip). Grin

Shutup

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Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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 decide to sell wether bitcoin is in low price when in case of emergency.And if I have no cash.It depend on my needs But its better to save now because it is benificial to all bitcoiners that bitcoin really gives joy in hearts because bitcoin might make you richer of what is Im having now.

noictib

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One of the world's leading Bitcoin-powered casinos

Quote from: sweetbet on August 23, 2017, 09:47:49 PM

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?

Here we should use simple stretagy of trading , Here i can explain you in a better way .
Suppose you Bought a coin at price 10 Satoshi of value 0.1btc then you should place a order of half of the whole coin at high price where you can make 0.1btc atleast and rest of them should be free in your account because that will be your profit after the increase the price of the coin .
Now here a problem of increasing price is a big factor ( if we sold at low) , we should sell in installments , i mean to sell low low amounts .
100 - 100 coins ( for example ) , so i this way we can achieve the average increase innthe price .
This is really a cool idea of selling and making more profit with safety , Here i sold my Digibyte coin at price 400 Satoshi and after that rest of them 1000 and after that rest of them 1500 and rest of them again 2200 Satoshi , so you can understand well that we should hold coins wven after the increase in the btc step by step selling .

Taskford

hero member

Activity: 2520

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The best time for me to sell is when there is a bull run if i will see that the price of a coin is recently touched an all time high price so i will decide to sell my coins and wait for the dump because that is my observation that if there is all time highs then there will be a dump so i will wait for it and buy back.

saeyeen

full member

Activity: 196

Merit: 100

I don't watch my portfolio all the time so I see to it that I already set sell in exchange the coin I want to sell to my price target so that if I'll be out and can't online and the coin pump it will be automatically be sold.

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