Topic: How do you decide when it's time to sell? - page 5. (Read 14714 times)
Sell when you want! Everyone decides for himself. The trader should try to conclude only profitable transactions, avoiding losses, not being greedy and allocating no more than 5% of the total trade deposit for the transaction.
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?
In this case.my strategy is monitor the coin that I bid every 2hours or 3hours.and sell it at least 15% to 25% profit in return on my investment,and that is depend the chart flow.but sometimes,I'm selling it my profits at a higher price if the volume of btc is up so fast every minute.you need to monitor the chart but also the volume of btc if they fast moving or not,if not.sell it to small profit then find another coins that gives fast return.
Technical analysis does it for me. TA gives you entry and exit points, of course it wont give you the exact position to enter and exit but it guides you to it.
Well i just decided to sell when the price of my coin is we will be very high so in that way i can sure that i we will earn a lot of money, and i decided to sell when i totally satisfy with the value of my coin and lastly i decided to sell when i want to buy another coin that has also a great future.
Technical analysis does it for me. TA gives you entry and exit points, of course it wont give you the exact position to enter and exit but it guides you to it.
Well i just decided to sell when the price of my coin is we will be very high so in that way i can sure that i we will earn a lot of money, and i decided to sell when i totally satisfy with the value of my coin and lastly i decided to sell when i want to buy another coin that has also a great future. for me, i have a profit goal or risk tolerance, when the price is at that point, i decide to buy and sell, but sometime i cant do that and i lost my money or lost my chance to earn money. but i took the lessons
In crypto currencies iys values go up in even day so we need sell we have a target value , once it reaches your target you will ready to sell your currencies and it will nof reach your target value you should wait for somedays definitely it wull achieve your target , this is my way of sslling bitcoin and other currencies .
The best way to know when you need to sell - to set up a fixed profit percent. When you reach that fixed point - fix your profit.
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.
Technical analysis does it for me. TA gives you entry and exit points, of course it wont give you the exact position to enter and exit but it guides you to it.
for me, i have a profit goal or risk tolerance, when the price is at that point, i decide to buy and sell, but sometime i cant do that and i lost my money or lost my chance to earn money. but i took the lessons
Basically I am used coinmarket cap for choosing any coin to buy and sell. when ever a coin would be much more dump I do buy this coin and then when ever that coin will be pump I do sell. I am following this formula for my trading.
This is a good strategy, and this is almost the same I am informing. The thing is that you have to follow the gurus and pundits of this market if you want to earn maximum profit from this. Try to follow a couple of international financial advisors so that you can really get to know the reason behind the fluctuation and this will help you decide about the selling and buying. Though this is long process, it takes time to understand things in the beginning but ultimately things get better.
I usually checked the 24 hr market volume for the time to buy or sell. IMO, it makes more sense to determine the demand rather than the price.
When selling my investment or tokens is always difficult for me because there are always thoughts that if i sell it there is a chance that it will increase more. I take my selling decision serious as it will affect my next trading pattern that's why i only sell a portion of my holdings as short trade when i see the price take a lift then i will sell the others when it comes high in price in a long term.
set the mind first and depends on what kind of investment you did it is related to fast trading or just you putted for long time as we know when the price is good try sell the coins if the price is low and if you have good capital then buy some more coin also that is the good way to proceed ahead can get idea like which i mention above.
My strategy is to always make an almost correct decisione and place orders which almost get filled when they should, and typically get filled when they shouldn't. In a few rare case I happened to get it right, for a change.
This is how I decide. Incredibly, I'm still not broke.
This is how I decide. Incredibly, I'm still not broke.
Keeping an eye on the movement of the price is the best strategy as when to sell your bitcoin. Or either the requirement or target price you have set as when to trade it has been meet.
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.
I only decide that it is time to sell my coins when i badly needed money,for example emergencies if my cash or paper money is not enough then i don't have any other choice but to sell my coins.But as long as i don't badly need it I prefer to hold my coins and wait until the high price begins. I really want to save what i have now for my two boys.
Yes everyone has its own strategy, to me i have invested my money in bitcoin for a long time and therefore i am not going to sell my bitcoin in next few years and that is the reason that i do not consider any time as best time for selling bitcoin, in fact i am going to hold my bitcoin fore few more years because i am sure that bitcoin will give me a good profit after some time. 
Knowing when to sell can be very difficult at times, but I think the major reason for the losses of some people is greed. They get too greedy that they don't sell when there is an increase in the price. They hold on to their coin hoping to get an even higher price but this has, according to the trend, been the reason for the losses.
I believe the right time to sell is when the prices are high enough to give a significant amount of profit.
I believe the right time to sell is when the prices are high enough to give a significant amount of profit.
I only decide that it is time to sell my coins when i badly needed money,for example emergencies if my cash or paper money is not enough then i don't have any other choice but to sell my coins.But as long as i don't badly need it I prefer to hold my coins and wait until the high price begins. I really want to save what i have now for my two boys.
It is your own satisfaction on when you are going to sell your coins. If you think you have reach your value's limit and when it will give you a high profit. It is worth if you are going to get a $10-$50 profit I guess
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