How do you decide when it's time to sell? - page 7.

helen28

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Quote from: imking on March 04, 2018, 12:09:30 PM

Quote from: mware on February 28, 2018, 11:40:09 AM

i use app to check the price daily so no need to open computer everyday. If i see the coin price increase like 30%-40% that is the time I sell my coin

Well, it relies on what is your strategy and to your desires every person has their own decision and situation. We never know when the period the money will be needed. When I purchase a coin, I usually set or plan an value when I want to retail it. The amount of the coins depends on the market cap and the total supply and the demand of the currencies. There is particular opinion to set your prediction and the goal, as long the result is positive profits, then it's satisfactory. If you are a trader, don't be impatient and set your targets according to your plan. When you reach your objective, then sell.

I admit that I am not a good trader and I am really having a hard time doing it but what matters for me is that I don't want to quit until one day I will finally get and have the strategy set on my own, it is not matter how much I am losing now what matters is how much I am eager to learn.

imking

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Quote from: mware on February 28, 2018, 11:40:09 AM

i use app to check the price daily so no need to open computer everyday. If i see the coin price increase like 30%-40% that is the time I sell my coin

Well, it relies on what is your strategy and to your desires every person has their own decision and situation. We never know when the period the money will be needed. When I purchase a coin, I usually set or plan an value when I want to retail it. The amount of the coins depends on the market cap and the total supply and the demand of the currencies. There is particular opinion to set your prediction and the goal, as long the result is positive profits, then it's satisfactory. If you are a trader, don't be impatient and set your targets according to your plan. When you reach your objective, then sell.

Bluehorizon365

newbie

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Quote from: sweetbet on August 23, 2017, 10:47:49 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 try to follow if theres any particual news about that coin and wait the market stabilize the price and then sell it at a high point. If the second day it dipped to half then i buy again the same amount to average out my coin price and wait it out for a good 6 months.

Cheers !

ylmz611

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very helpful topic thanks !!

Mr.John19

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Quote from: coinsontheroad on November 19, 2017, 03:45:02 PM

The more I learn technical analysis, the better I am at picking the optimal entry and exit points. It's an invaluable skill that every aspiring trader should be putting most of their time into.

When the value aims your target price you must sell your coins instead of holding it too long must the altcoin because some of the altcoin risky to keep it sometimes they might crash at any moment. Then, to choose target price to sell using your calculation and instinct, and most important is the knowledge. Just set a specific amount of profits that you think it might attain. Remember, If you purchase coins on the high there is a tendency to stuck your money for a long time like my other coins.

pissyas

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Quote from: sweetbet on August 23, 2017, 10:47:49 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 believe that so that you can know the time to sell you need a lot of experience, the ability to analyze technical charts, combine with market information to make predictions and plans. can If the market appears bad news related to the project you invest also makes the price drop sharply and affect the psychology of investors.

mware

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i use app to check the price daily so no need to open computer everyday. If i see the coin price increase like 30%-40% that is the time I sell my coin

changcloy

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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.

miang

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I discover and use the bitcoin lately, so I'm just starting to make allot of money using a bitcoin. I decide to sell my bitcoin if I have to need to pay or buy. This is because I'm the one who have a good salary and the breadwinner. I pay my parent's debt and used some of my money in buying gadgets and also for the allowance. Even the price is low I do selling because it needs, its enough for me because I have an income, only internet and spending of time has beeb used, no investment. Sometimes one week before I need the money I set my coins in what price I want, this is because of chances of high profit, if this not sell I will sell to the actual price.

enhu

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Why not just put your BTC on your btc exchange wallet and wait for the price peak, you will know when its peak when you almost can't believe the price reach that point already. you need not to set up the sell order, you just have to wait until you feel its time to sell.

semarmesem195

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Quote from: sweetbet on August 23, 2017, 10:47:49 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?

Most people think as you say. Thus, the best strategy is to remain consistent on the targets we plan at the beginning without having to care about the next price. I always sell according to the target that i specify from the beginning. If someone does not care about their targets, then why should they target from the beginning? It is better not to set a target or just sell when the price is high or rather sell when the price is higher than what is bought. Is not that including profit, though not big.

darkywis

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BIG AIRDROP: t.me/otppaychat

Putting a cut loss or a limit is a must when you are trading. And don't be greedy or you might lose the gain that you have already.

michellee

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🐺Spinarium.com🐺 - iGaming casino

Quote from: slothboy on February 27, 2018, 08:47:12 PM

I set the selling price before I buy and stick to the selling target.

this is what I do if I can see the price is starting to increase but sometimes I still waiting for the price to reach my target price. actually, my target price is not too high, at least I will sell the coin if the coin can increase 20%-30% and then I will make a buy order again because sometimes after the price jumps higher, the price will down quick so I think my chance only depends on the order by price. but if I can see that the price will increase more than my target price, I will change it to a higher price.

19faraon88

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When coins continuous dropping down, that's the time I decided to sell. Sometimes, I bought coins in different prices, and when the price of Buying leveled to the amount of the Last Price I bought, that's also the signal for me sell my coins.

matthewoz101

jr. member

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I sell after I've made profit and there's a clear down trend.

Bollinger bands and RSI have to be on the upper end too.

yanxuanyunshan4

newbie

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If you decide to sell at least you're going to make money, or you're losing money.

Because we're trading to make money, and if we don't get the right price, I'm going to wait, because I know that crypto currencies are always volatile.

InvestMen

member

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If I need money urgently, then I sell despite the market movement. Sometimes I have no choice but to sell if I need money.

Ryanpogi

member

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That's simple, that's what you do when the price grows. That's where you can decide. In the early days when sold. I really sell it.

vinc3

sr. member

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Make Love Not War

When I am still new I sell when emergencies come, but as I grow older in this industry I can clearly say that emotion is the number one enemy for you decision is clouded when you sell. So I was advised to have a emergency fund to serve as a buffer emergency comes a long, no wonder I am making better decisions as of the moment for I don't need to take out something from my stash when emergency comes.

Qunetick

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Quote from: Dheo on February 27, 2018, 08:17:03 PM

Quote from: riskarcher on February 27, 2018, 12:44:41 PM

Quote from: MostafaGamal on January 21, 2018, 05:51:20 AM

you can follow the chart and the news about coin to deiced when you will sell your coin , and the best time to sell when you need a money Wink

yes it's all about money, someone will hit the selling button if he already needs it, because we never know when the time the money will be needed at the right time. then the sell button will always call us any coin price in the market

I always decide to sell if the coin I have will reach a big amount, I am contented as long as I know that I have totally get profit ,that is why having a job while doing crypto is great because if you have passive income you never think to sell your coin just of money needed.

We are all wanted to get a huge amount of profit , so then we dont have to sell emediately, we must hold and monitor the update of the price and if it will rise into a high level we if we think that we can gain a huge amount of profit by then we can sell for good. We don't have to be afraid if the price fall or rise up high because if we know how to hold we can really assure a profit on this feild.

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