How to decide the right time to Pull Out your investment in crypto?

MadPanda

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Quote from: shade_wrath on August 18, 2017, 07:44:28 AM

We all probably invest in multiple projects and let our investment run for a while in a hope of getting profit. Sooner or later the principal amount starts to generate profits. At this time it becomes critical when to let your principal roll or take out and let profit roll thereafter.

This decision is quite difficult considering some coins like NEO, STRATIS, WAVES etc out there which definitely going to increase in value in long term. If you pull out too early you might end up missing on x10 or x20 times profit and simply be left with x2 or x2.5 times profit. This is where its very crucial.
How to judge this scenario?

I am just trying to learn and improve, gather new ideas, open to new opinions. Things which each of us perceive differently. Please enlighten with your view and valuable opinion. Thank you.

If your not using tools like coinigy it would be hard to tell but if it goes on a huge run really fast more then likely there will be a price correction and in those situations I would sell some of what you have and place a buy orders incrementally below 15% down from your sell point as the market tends to retract around 32% on average

Alcarin

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I would quit when i reach my wishful profit... that is 200.000€

Rising Suns

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Quote from: shade_wrath on August 20, 2017, 07:18:34 AM

Quote from: traderethereum on August 20, 2017, 02:10:35 AM

i think you have the point to decide when the right time to pull out your investment because its all about how much you want to take profit in crypto. my suggestion is don't be greedy when you can take the highest profit because the price will be drop suddenly and you only can take small profit. its happen to me in the past so i think its better if you have a set price on how much you wan to sell and take that profit.

Yes, sometimes greed can be bad. Rather than expecting price to rise better take out initial investment and sell only those coins. Rest all can keep for rolling. As fluctuation can totally shatter the market.

My favorite quote about investing -- yes, even better than "Buy low, sell high" -- is "Pigs get fat. Hogs get slaughtered." In other words, it pays to be greedy, but not too greedy. None of us can predict the future, but with a little self-discipline, we can take advantage of trends and make a good return on our investment.

shade_wrath

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Any store can buy, sell, and accept Crypto

Quote from: hase0278 on August 20, 2017, 02:27:43 AM

Quote from: shade_wrath on August 18, 2017, 08:38:51 AM

Very valuable input, Set Targets - 100 % Agree. Without target or knowing where we wanna go, we simply cannot achieve anything. We are just confused and calculating all the time. Only if we know our target once we start our journey, will we end up reaching the destination.

Targets most of the time are not reached because only a few number of coins do a X10 or X20 pump in the past and even if you set target, if price wont reach it, you will be forever be bagholding your coins until its too late. The best way to decide the right time to pull out your investment in crypto is to be updated on the news to know if the hype is over or not. If you feel that the hype is over, pull out your investment on a particular coin and move on to another one.

I think we need dedicated targets. First target should be to get your principal back. Second target should be realistic profit say x5-x10 and thereafter you can let the remaining amount to roll in future. Even if it goes down than must be confident and not get disappointed.

shade_wrath

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Any store can buy, sell, and accept Crypto

Quote from: traderethereum on August 20, 2017, 02:10:35 AM

i think you have the point to decide when the right time to pull out your investment because its all about how much you want to take profit in crypto. my suggestion is don't be greedy when you can take the highest profit because the price will be drop suddenly and you only can take small profit. its happen to me in the past so i think its better if you have a set price on how much you wan to sell and take that profit.

Yes, sometimes greed can be bad. Rather than expecting price to rise better take out initial investment and sell only those coins. Rest all can keep for rolling. As fluctuation can totally shatter the market.

hase0278

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Quote from: shade_wrath on August 18, 2017, 08:38:51 AM

Very valuable input, Set Targets - 100 % Agree. Without target or knowing where we wanna go, we simply cannot achieve anything. We are just confused and calculating all the time. Only if we know our target once we start our journey, will we end up reaching the destination.

Targets most of the time are not reached because only a few number of coins do a X10 or X20 pump in the past and even if you set target, if price wont reach it, you will be forever be bagholding your coins until its too late. The best way to decide the right time to pull out your investment in crypto is to be updated on the news to know if the hype is over or not. If you feel that the hype is over, pull out your investment on a particular coin and move on to another one.

gomei

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I think you should set a target for the investment first, for example, 20% or 100%, and it is reached, you should sell them out whether it seems so promising, or you may lost more if you always keep it.

traderethereum

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Vave.com - Crypto Casino

i think you have the point to decide when the right time to pull out your investment because its all about how much you want to take profit in crypto. my suggestion is don't be greedy when you can take the highest profit because the price will be drop suddenly and you only can take small profit. its happen to me in the past so i think its better if you have a set price on how much you wan to sell and take that profit.

tyuner4

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Quote from: European Central Bank on August 18, 2017, 08:33:34 AM

set targets. stick to them. anything else is a recipe for ruin and madness.

you'll miss out on pumps. you'll also miss out on disasters.

if you really believe in a coin then you shouldn't be paying attention to pumps or dumps. sit in it until it achieves its potential.

I agreed with your views. There is no way we can catch the "highest" price for each pump. I usually set a target, sell and don't look back.

Spoetnik

legendary

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FUD Philanthropist™

No idea why you think you are investing.
You purchased a product.. a scammy digital "token".
How does this correlate to the people who made the "coin" ?
Are they held accountable or have pledged anything to "investors" ?

I'm curious when do you all wake up and see you are simply participating in Pyramid schemes ?

You are not investors but new age digital ponzi scheme variant supporters.
BIG DIFFERENCE !

Getmon

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Quote from: shade_wrath on August 18, 2017, 07:44:28 AM

We all probably invest in multiple projects and let our investment run for a while in a hope of getting profit. Sooner or later the principal amount starts to generate profits. At this time it becomes critical when to let your principal roll or take out and let profit roll thereafter.

This decision is quite difficult considering some coins like NEO, STRATIS, WAVES etc out there which definitely going to increase in value in long term. If you pull out too early you might end up missing on x10 or x20 times profit and simply be left with x2 or x2.5 times profit. This is where its very crucial.
How to judge this scenario?

I am just trying to learn and improve, gather new ideas, open to new opinions. Things which each of us perceive differently. Please enlighten with your view and valuable opinion. Thank you.

First of all, if you invest on some coins, you must have some basis for it and not just pure hearsay and hollow suggestions. At least you are basing on a reliable technical assistance with some target prices. That is already a good point to start. Aside from that, you will also consider the events happening in relation to the project.

In the absence of all these, you are left with nothing but your gut instinct and some amount of self-control. Because there are trusted coins and you probably some have of them. By the time these acquire some price increase, better to prepare selling them by the time the line shifts downwards.

pawanjain

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Nothing lasts forever

Thats the problem i face too while trading. Whenever i get a small amount of profit, i just sell the coins and find out that the price had increased further more. Whenever the price of a coin i bought goes down i wait for it to recover but it keeps going down and i lose more of my money by selling it. I have realized that i have to wait and be patient. Although its a good thing to set targets and sell at those targets but who wouldn't mind extra money in their pocket. Its just a matter of time where we have to keep calm and trade coins.

Teraboy

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Quote from: nsasuiteb on August 18, 2017, 08:14:59 AM

I am sorry but you can't decide to pull out at the right time, you will decide to pull out your invesment when you lose big proportion of it.

That doesn't make sense or i can say that will be senseless. Because you can take your or pull out your investment anytime as you want in many conditions, but the right time to pull out our investment if we already got a lot of money from our investment. That must be calculated by the user itself.

Gintama214

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DONATION SENPAI PLEASE <3 <3

In the end of the day its really up to you when you are going to pull out in your investment in crypto each of us have different ideas and its up to you on how you are going to use it. For me there is no right time because I will not pull out my investment in crypto because I already have build up some BTC in the past months since I started and I want my investment to sky rocket high, I did not invest any real money but I got my BTC from scratch earning through hard labor, this is why I won't pull out anytime soon. I hope for those guys who are thinking a lot on if they gonna pull out or not, just don't yet because bitcoin still did not reach its limit it will still increase in the future and I do always believe that. Good luck to us.

Rising Suns

newbie

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I believe in dollar-cost averaging, a diverse portfolio of cryptocurrencies, and a long-term view. It's very, very hard to avoid getting caught up in the highs and lows of the crypto markets and hearing tales of everyone else "hitting it big" with ABC or XYZ coin. Make a plan, stay the course, and HODL!

KenM

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This is the toughest question for me.

If there was a complete crypto currency crash, I would hate myself for not cashing out when I was so far ahead and letting greed get in the way of realizing gains. If I was to cash out and the market continued to rise, I would hate myself for giving up potential gains. FOMO all around.

Disciplined investors often have strict price targets and cash out when they are met, they do not let emotion and FOMO affect their decisions. This is probably the best way to invest, I just can't bring myself to behave this way. I'll probably read this again at a later date and regret not investing with more self-discipline.

shade_wrath

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Any store can buy, sell, and accept Crypto

Quote from: Ayers on August 18, 2017, 08:19:02 AM

when i see too many dump in a row i know that coin is not going anywhere, but it's not very easy to tell sometimes, you need to see if the dev is active too and if there is enough hype

Agree, Hype and development work keeps the coin alive and kicking. So this is very important point to determine whether to let your principal roll.

Quote from: European Central Bank on August 18, 2017, 08:33:34 AM

set targets. stick to them. anything else is a recipe for ruin and madness.

you'll miss out on pumps. you'll also miss out on disasters.

if you really believe in a coin then you shouldn't be paying attention to pumps or dumps. sit in it until it achieves its potential.

Very valuable input, Set Targets - 100 % Agree. Without target or knowing where we wanna go, we simply cannot achieve anything. We are just confused and calculating all the time. Only if we know our target once we start our journey, will we end up reaching the destination.

European Central Bank

legendary

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set targets. stick to them. anything else is a recipe for ruin and madness.

you'll miss out on pumps. you'll also miss out on disasters.

if you really believe in a coin then you shouldn't be paying attention to pumps or dumps. sit in it until it achieves its potential.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: shade_wrath on August 18, 2017, 07:44:28 AM

We all probably invest in multiple projects and let our investment run for a while in a hope of getting profit. Sooner or later the principal amount starts to generate profits. At this time it becomes critical when to let your principal roll or take out and let profit roll thereafter.

This decision is quite difficult considering some coins like NEO, STRATIS, WAVES etc out there which definitely going to increase in value in long term. If you pull out too early you might end up missing on x10 or x20 times profit and simply be left with x2 or x2.5 times profit. This is where its very crucial.
How to judge this scenario?

I am just trying to learn and improve, gather new ideas, open to new opinions. Things which each of us perceive differently. Please enlighten with your view and valuable opinion. Thank you.

when i see too many dump in a row i know that coin is not going anywhere, but it's not very easy to tell sometimes, you need to see if the dev is active too and if there is enough hype

nsasuiteb

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Activity: 406

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BAILOUT

I am sorry but you can't decide to pull out at the right time, you will decide to pull out your invesment when you lose big proportion of it.

Topic: How to decide the right time to Pull Out your investment in crypto? (Read 868 times)