How do you decide when it's time to sell? - page 28.

RealPhotoshoper

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Quote from: bitcoin31 on September 04, 2017, 04:24:22 PM

If i see coin increase that i have I will make a research first so i can know they have possible to increase more or decrease. I will always monitor all coin everyday even im busy because its business. And for most of them are also busy like me and you will never escape trading even you are busy . Because if I do that I can monitor what coin is good to sell and buy.

Yeaaa looking for various source to be analyzed and execute it!
You should always be ready when you are a day trader , it is a must to keep an eye anytime.
But when you are a long term trader you only need to make analysis for once only and set your sell position!

agus sayadi

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Its depends on your strategy and everyone has their own strategy and has their own principles, for me I just make a order if I have 10% of profit,, although the price of Coins will be even higher I will not think much about it because my target is just 10% of profit

jamids

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Quote from: garmerys on September 05, 2017, 01:50:47 AM

I suppose it depends on strategy. You have plan of expecting some big profits then time of sell is surely after 5-6 years. It will give you a long figured amount in return. But if you are doing trade, keep watching the price charts, as soon so get the fixed percentage of profit, sell it.

That's quite a long time to sell but yes it could be that long time if one intends to profit that much. As for me, I am having a fix percentage of profit and when it reach that price, I would sell and as much as possible it would be during the day cause trading crypto is very volatile so we never know what will happen to it the next day and usually I would buy a coin because of a news related to the coin and would attract others to buy it thus an increase in price. Sometimes, I would profit immediately but other times, I would wait for a few days or weeks to have a profit and when I am impatient then I would sell it at a loss.

dasher797

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Get your share of the future

All of cryptocurrencies are very volatile. Its so hard to find the right time for buy or sell. Just sell the coin to get profit or for cut loss, we to have our own strategy.

bitgolden

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Quote from: rainingbitcoins on September 04, 2017, 09:13:08 AM

Quote from: jasonjm on September 04, 2017, 08:53:50 AM

Quote from: wahb on September 04, 2017, 08:04:12 AM

Quote from: kevinn669 on September 04, 2017, 01:06:22 AM

Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

but i think that it is not so easy to choose the right coin. because no one know in advance that the coin will hit and will increase too much but we still need to have good study about the altcoin where we want to invest our money. because there are so many altcoin which are already dead or going to die, while so many other sponzy coins where you can even lose your own investment.

Best option is to analyse the market first and check the coins which have potential to grow and have some solid technology behind it. Once selected buy that coin by following it over the time period and when the price but the lowest then buy that. This will lower the risk of lose.

Yes doing a good homework is mandatory before investing in any coins and you cannot afford to invest blindly in it without any research as it will never bring positive results for you and if you have analyzed the market well then you will surely come to know that which is the best price to buy.

Without giving proper time to research and making investments is just like hitting your arrow in the air without aiming properly, hoping that you may hit the most delicious bird. It is not going to work in the crypto market. You have to keep eye on your desired coin’s market trends to figure out the best time of grabbing out.

garmerys

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Quote from: jasonjm on September 04, 2017, 08:53:50 AM

Quote from: wahb on September 04, 2017, 08:04:12 AM

Quote from: kevinn669 on September 04, 2017, 01:06:22 AM

Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

but i think that it is not so easy to choose the right coin. because no one know in advance that the coin will hit and will increase too much but we still need to have good study about the altcoin where we want to invest our money. because there are so many altcoin which are already dead or going to die, while so many other sponzy coins where you can even lose your own investment.

Best option is to analyse the market first and check the coins which have potential to grow and have some solid technology behind it. Once selected buy that coin by following it over the time period and when the price but the lowest then buy that. This will lower the risk of lose.

I suppose it depends on strategy. You have plan of expecting some big profits then time of sell is surely after 5-6 years. It will give you a long figured amount in return. But if you are doing trade, keep watching the price charts, as soon so get the fixed percentage of profit, sell it.

VanDeinsberg12

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Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This time is a good time to buy again, average altcoin gets massive dump due to the pboc's announcement regarding ico. This is very good chance to buy the more coin as much as we can.
Just accumulate the profit next week.

bitcoin31

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If i see coin increase that i have I will make a research first so i can know they have possible to increase more or decrease. I will always monitor all coin everyday even im busy because its business. And for most of them are also busy like me and you will never escape trading even you are busy . Because if I do that I can monitor what coin is good to sell and buy.

Intersan

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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?

My trading strategies is set up an order in the price that I think I can get a enough profit. But it depends on the situation, if I need a money I trade it to actual price because I have no choice. But I sell the equal value of token that I need, the rest was in the open order.

Then it is obvious that the right time to sell is the high price but we can't predict on what time is that, so that instead of spending a time in guarding the price, I read the ICO price, choose a best coins exchanger and set my orders.

allohha

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Quote from: guoyu78 on September 04, 2017, 07:44:17 AM

Quote from: imsotiredofmoviereboots on September 02, 2017, 09:52:54 PM

For me as long as I get a 40%- 50% profit, that is the time I sell my coin. Still small though because I'm still practicing with a 150k sats.

40-50 % is a very handsome amount of profit. But this is what differs from person to person. Everyone has something different in his mind. Some might be interested in getting only 10% of profit, others may be looking for more. I think it is you who decides that this is the best time to sell.

The fact is that they always do not very often price certain coins for a maximum. We must ourselves identify and define the peaks to which we aspire and from which to start the countdown the fall of 10% in price. Although the strategy of reality is very correct.

rainingbitcoins

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Quote from: jasonjm on September 04, 2017, 08:53:50 AM

Quote from: wahb on September 04, 2017, 08:04:12 AM

Quote from: kevinn669 on September 04, 2017, 01:06:22 AM

Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

but i think that it is not so easy to choose the right coin. because no one know in advance that the coin will hit and will increase too much but we still need to have good study about the altcoin where we want to invest our money. because there are so many altcoin which are already dead or going to die, while so many other sponzy coins where you can even lose your own investment.

Best option is to analyse the market first and check the coins which have potential to grow and have some solid technology behind it. Once selected buy that coin by following it over the time period and when the price but the lowest then buy that. This will lower the risk of lose.

Yes doing a good homework is mandatory before investing in any coins and you cannot afford to invest blindly in it without any research as it will never bring positive results for you and if you have analyzed the market well then you will surely come to know that which is the best price to buy.

jasonjm

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Quote from: wahb on September 04, 2017, 08:04:12 AM

Quote from: kevinn669 on September 04, 2017, 01:06:22 AM

Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

but i think that it is not so easy to choose the right coin. because no one know in advance that the coin will hit and will increase too much but we still need to have good study about the altcoin where we want to invest our money. because there are so many altcoin which are already dead or going to die, while so many other sponzy coins where you can even lose your own investment.

Best option is to analyse the market first and check the coins which have potential to grow and have some solid technology behind it. Once selected buy that coin by following it over the time period and when the price but the lowest then buy that. This will lower the risk of lose.

wahb

sr. member

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Quote from: kevinn669 on September 04, 2017, 01:06:22 AM

Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

but i think that it is not so easy to choose the right coin. because no one know in advance that the coin will hit and will increase too much but we still need to have good study about the altcoin where we want to invest our money. because there are so many altcoin which are already dead or going to die, while so many other sponzy coins where you can even lose your own investment.

guoyu78

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Quote from: imsotiredofmoviereboots on September 02, 2017, 09:52:54 PM

For me as long as I get a 40%- 50% profit, that is the time I sell my coin. Still small though because I'm still practicing with a 150k sats.

40-50 % is a very handsome amount of profit. But this is what differs from person to person. Everyone has something different in his mind. Some might be interested in getting only 10% of profit, others may be looking for more. I think it is you who decides that this is the best time to sell.

kevinn669

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Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

This is a very good strategy if you choose the right coin. After all, not every coin can be so much more expensive. And even more so in a short time.
And this is the hardest job of a trader

marseille

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Activity: 938

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Quote from: mia khalifa on September 04, 2017, 12:26:29 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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

Its possible that altcoin can pump to 200% but it will take lot of time and not every time a coin will pump and it can go in other direction too so instead of waiting too long to make huge profits better to sell when its giving you satisfying results.

mia khalifa

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Activity: 476

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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?

for me if playing with a little better capital to play in a long-term way, buy and wait up to 200% increase then sell. and wait for the price to go down again and buy again.

pieppiep

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Quote from: Pakboy on September 03, 2017, 08:24:23 PM

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?

The right time to sell our altcoins is when the price is became doubled and tripled. By that moment we can realize that it is time to sell. I always waiting the right time to sell my coins.

Yes but it may take some time for the price to go double or triple and for that you need to have a patience to hold your coins even if you see price going down as majority of people gets panic and sell their coins at a wrong time which gives them negative results.

Pakboy

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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?

The right time to sell our altcoins is when the price is became doubled and tripled. By that moment we can realize that it is time to sell. I always waiting the right time to sell my coins.

laredo7mm

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Activity: 1498

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If I have altcoins on trading sites then I will sell them on the spot when its giving me good profits and I will be satisfied even with a small profits that I have made from it as I always have an choice to buy them back when price drops but I prefer to hold bitcoins for a long term to make higher profits from it.

Topic: How do you decide when it's time to sell? - page 28. (Read 14714 times)