Topic: How do you decide when it's time to sell? - page 29. (Read 14650 times)
I do follow my candlesticks signal to buy into a trade and I followed the same signal to sell also. I don't just jump into a trade I study the market very well and I know my exist point before even embarked on any trade. I think we have our individual knowledge and understand on when to sell our coin and when to buy them.
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I am including longterm trader and my target profit specify is 20%/month. Trading for me is the most effective way to generating bitcoin as well as its practical level. All i need to do just make a conclusion to open order, then let it grow.
That is right to make profits from trading we should always have some target and once it is achieved we can sell our coins without waiting longer as you never know when price can crash and holding altcoins too long can be really risky as you may suffer losses if you don't sell them at a right time.
I am including longterm trader and my target profit specify is 20%/month. Trading for me is the most effective way to generating bitcoin as well as its practical level. All i need to do just make a conclusion to open order, then let it grow.
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.
This is good advice, with higher amounts you can be satisfied even with 20-30% profit. I like to make higher profit and I pick coins that can make big rise in long term. Decision when to sell depends from many factors, but most important one is how much profit you to make with specific coin. Have in mind when you pick a coin for trading how much that coin can rise and in what time frame, for some investment you need to wait.
Practicing is the best way to learn something, start with small amounts and trade until you become better and better, only then invest more and start to trade with more serious amounts.
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 I have many bitcoins I'd rather choose to save and store because its a very big amount of cash when bitcoin is in a high value of current price.Thats the advantage of having bitcoin savings.But now my salary is not enough,so when the price climbs I have to sell my bitcoin to support my family needs.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?
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 I have many bitcoins I'd rather choose to save and store because its a very big amount of cash when bitcoin is in a high value of current price.Thats the advantage of having bitcoin savings.But now my salary is not enough,so when the price climbs I have to sell my bitcoin to support my family needs. 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 i usually do is check the chart if there will be another wave (when the price will go low) but you will need to research a bit to get the perfect calculation. and when it rise again it would be very easy to make profit. 
Well said. But I think it is you who has to decide when to sell it. I guess it all depends on how much profit you want to earn out of single Bitcoin. If you think the market price matching with what you aimed for, just sell it. Else, keep it till the time you don’t get what you really want.
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.
It just happens whenever I saw the price pump up so high. Then I can't hold my self from selling it for some profit.
The fact I regret it now because bitcoin pumped even more and more
Actually you will never be able to sell your coin at the right time accurately on top of the price.The fact I regret it now because bitcoin pumped even more and more
But at least when you see such a pump signal , you should be ready to sell.
Just make sure you did not sell it too early by making a lot of analysis from a lot of sources.
Yeah everyone says that buy low and sell high but no one exactly knows which is the highest price to sell as if you would have sold at $4500 thinking that its too high then today you would have seen the price of $4700 and at that time you would regret for not holding them longer so there is no perfect time or price to sell but sell it when you are making good profits from it without any regrets.
Maybe that time is the right time to sell your coins , as the market in not normal rates leading to drop price later.
Sell it step by step , don't go allin as it might just give you a full of regret.
I would also sell in small portions to test how the market is and then get it during dips. In the beginning of my I usually go all in and as I go looking back, its not a good strategy to begin with. And before I would just sell even though I don't needed fiat that time so it very wrong move that I'm making. But as I matured, I only sell in portions and observe if I make the correct decision, sometimes I hedge it against dollar as well. You will definitely regret if you did sell all in as what I have experience early on.
when the price is quite expensive, that's when I started selling. when the price drop I better hold it for a longer time.
but do not be sorry if when you've sold but the price actually went up higher.
but do not be sorry if when you've sold but the price actually went up higher.
For me i usually do is check the chart if there will be another wave (when the price will go low) but you will need to research a bit to get the perfect calculation. and when it rise again it would be very easy to make profit.
such circumstances that we ahrus utilize to be able to get a profit margin. doing the analysis is the most important part in trading, because without analysis we will not benefit. it's the same as gambling game if only rely on luck. 
It just happens whenever I saw the price pump up so high. Then I can't hold my self from selling it for some profit.
The fact I regret it now because bitcoin pumped even more and more
Actually you will never be able to sell your coin at the right time accurately on top of the price.The fact I regret it now because bitcoin pumped even more and more
But at least when you see such a pump signal , you should be ready to sell.
Just make sure you did not sell it too early by making a lot of analysis from a lot of sources.
Yeah everyone says that buy low and sell high but no one exactly knows which is the highest price to sell as if you would have sold at $4500 thinking that its too high then today you would have seen the price of $4700 and at that time you would regret for not holding them longer so there is no perfect time or price to sell but sell it when you are making good profits from it without any regrets.
Maybe that time is the right time to sell your coins , as the market in not normal rates leading to drop price later.
Sell it step by step , don't go allin as it might just give you a full of regret.
I would also sell in small portions to test how the market is and then get it during dips. In the beginning of my I usually go all in and as I go looking back, its not a good strategy to begin with. And before I would just sell even though I don't needed fiat that time so it very wrong move that I'm making. But as I matured, I only sell in portions and observe if I make the correct decision, sometimes I hedge it against dollar as well. You will definitely regret if you did sell all in as what I have experience early on.
It just happens whenever I saw the price pump up so high. Then I can't hold my self from selling it for some profit.
The fact I regret it now because bitcoin pumped even more and more
Actually you will never be able to sell your coin at the right time accurately on top of the price.The fact I regret it now because bitcoin pumped even more and more
But at least when you see such a pump signal , you should be ready to sell.
Just make sure you did not sell it too early by making a lot of analysis from a lot of sources.
Yeah everyone says that buy low and sell high but no one exactly knows which is the highest price to sell as if you would have sold at $4500 thinking that its too high then today you would have seen the price of $4700 and at that time you would regret for not holding them longer so there is no perfect time or price to sell but sell it when you are making good profits from it without any regrets.
Maybe that time is the right time to sell your coins , as the market in not normal rates leading to drop price later.
Sell it step by step , don't go allin as it might just give you a full of regret.
For me i usually do is check the chart if there will be another wave (when the price will go low) but you will need to research a bit to get the perfect calculation. and when it rise again it would be very easy to make profit.
That is a good idea but in my opinion it is best to just buy the dumps and hold them for long term because the pumps that you will see or the bounce backs are just for temporary and they are not worth it to sell all of your coins and if you are holding more than 10 bitcoins then long term is a must and just buy another 1-2 bitcoins and use it for day trading. 
For me i usually do is check the chart if there will be another wave (when the price will go low) but you will need to research a bit to get the perfect calculation. and when it rise again it would be very easy to make profit.
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?
When the price is right, I probably going to sell it. If the value is still low I'm just gonna hold it and wait for other exchanger and when that comes value will somehow rise and I will sell it. When my the value of the coins meets my expectations and if I think that's the money I deserve as my labor as a work time I'm gonna sell it right aways. Sometimes it did not meet my expectations but it is okay there are always time that the profit that we get was so low.
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?
I believe we can't pick the best order points all the time. And there is no exact right time to sell. It's totally up to your buying costs. If you bought the coin for cheap price, then it wouldn't be hard to sell it to realize your profits.
If you dont need fiat at the time, you should hodl your coins!
I'm still thinking a lot about it, I feel a lot of danger when I store too many coins, I think I should turn half into fiat.
If you dont need fiat at the time, you should hodl your coins!
I'm still thinking a lot about it, I feel a lot of danger when I store too many coins, I think I should turn half into fiat.
If you dont need fiat at the time, you should hodl your coins!
I'm still thinking a lot about it, I feel a lot of danger when I store too many coins, I think I should turn half into fiat.
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