Topic: How to know when to sell? - page 13. (Read 3934 times)
Choosing a selling point in this market is very important as it helps you maximize profit and minimize the risk for your investment. To know when to sell you really need a lot of knowledge about cryptocurrency as well as experience in this market. Because of this market is quite volatile, sometimes bad news has emerged, the market has changed in the direction of down immediately. Try to update the information in a timely manner and supplement your knowledge of this market so that you can make predictions about it accurately.
If we are greedy then 20% profit will we leave, this is the resistance we often face in trading. It is important for us to understand that we must take advantage to avoid further losses. and it is important to feel grateful that regrets will not happen.
No one know exactly when hold or sell. It depends on the coin and the market. You have to follow the market to catch the news and make right decision
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I know when is the right time to sell the coins you have when I already get more than 100% profit, but I rarely sell the coins I have because I want to play long term.
And if dealing with day trade you can also use small profits like 5-10% because of fluctuations, advantage of small earnings will bring you decent profits as well.
Nicely said, 10 to 20% is the usual earnings I've been targeting since the beginning and luckily I got always correct with my chosen altcoins to buy. 100% is only for those who holds for long term so it still depends on the op's preference of doing some trades
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
how to know to sell it depends on your own, if you are sure to sell it then it's a good time to sell it. but should not be sold all, because there are times when demand and supply are high. this is a way to avoid losses in sales.I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
other than that if you use long-term or short-term investment. if using long term then it should continue to monitor the price, and if the price soared you can sell it at the price you have set. but remain cautious in taking action.
Like the saying goes : you can not hit the target you can not see. The first thing you do when buying in on coin is to set the price you are selling or buying more. If you go into any coin hoping for whatever, it is sure whatever is what you are going to get.
Nicely said!
Like the saying goes : you can not hit the target you can not see. The first thing you do when buying in on coin is to set the price you are selling or buying more. If you go into any coin hoping for whatever, it is sure whatever is what you are going to get.
Nicely said!
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
That's a good topic. I also have same question like you
Thanks all answer 
The best time to sell is the time you think you have make so much through your investment but it better not to sell all because of the volatility of the crypto currency market and you could keep some money in other to do some quick buy when there is dip.
We all know that it is a good time to sell if the price is high, if you already gain good profit and I think that is the time to sell. Buy in low price and sell in high price.
It depends either you hold for long term or short term or set a price in your mind that once reach that price will sell out.If you buy cheaper and give you more than initial investment its a green signal to sell out.
Of course it depends on you as long as you have your goal profit for your investment why not, but you need to wait because we know that bitcoin investing is risky. If you invest your money and bitcoin decrease it's value don't worry just wait until it's increase again until you have a good profit then that's the time to sell.
To know about selling of bitcoin that best way is to check the price of bitcoin because whenever you going to buy or sell bitcoin so you have to check the price of bitcoin when you come to know that its price is low then buy bitcoin as much as you can and then when its price go high then sell bitcoin so bitcoin price really matter so I’m also doing same because without going to check the price you can’t buy or sell bitcoin so it’s very important for every single investor to check the price of bitcoin every day.
Always know your exit point before entering a trade!
It depends on a way how you trade. If you are scalping, then 5% growth is already enough for you, and you sell, to buy some other coin, and then, again, make small, but quick money on it's growth.
But if you are trading long, then it's better to analyse the previous graphic of coin's rise and falls, and sell whenever the coin reaches it's new highest peak (which usually is not too much higher then the previous peak, as every coin has a capitalisation, that influences it's value, which can't increase like immediately.
But if you are trading long, then it's better to analyse the previous graphic of coin's rise and falls, and sell whenever the coin reaches it's new highest peak (which usually is not too much higher then the previous peak, as every coin has a capitalisation, that influences it's value, which can't increase like immediately.
Know the latest news about the coin you want to trade.
Most pumps and dumps are caused by events that are either positive or negative for the coin.
Examples of events that cause changes in price: Exchange shutting down, countries banning ICO, meeting announcements.
Then you need to predict what effect it will have on the price.
Definitely true, you must really need to be updated about all the happening in cryptocurrency.Most pumps and dumps are caused by events that are either positive or negative for the coin.
Examples of events that cause changes in price: Exchange shutting down, countries banning ICO, meeting announcements.
Then you need to predict what effect it will have on the price.
And also the movement price of it you should monitor.
So you will have an idea when you should buy or sell your coin.
Its hard to make decision without basis.
So to avoid regret better to be wise and knowledgable.
Remember the more you do wrong decision the more you loss your profit.
The best time to sell is when the coin reaches the peak of its price. As long as its only in its normal or average price you should still hold on to it to have a higher profit. Some people make the mistake of selling it at an average price because they are too afraid to take the risk.
Yeah, when the coin reaches a peak value or up to your desired value where you can make the aspired amount of profit out of it, then it is the best time to sell it. More the time invested more will be the profit as the value of the coin increases gradually with respect to time as more and more people invest in it. However, it is seen quite often that people sell the coin out of panic when there's some fall in the price but you won't have worry as the price will increase at its pace after the dip...
The best time to sell is when the coin reaches the peak of its price. As long as its only in its normal or average price you should still hold on to it to have a higher profit. Some people make the mistake of selling it at an average price because they are too afraid to take the risk.
I think the number one key to be able to at least have an hint on when to sell and hold is to totally analyze the current situation. I mean there are methods to use but again it still hard to know what would happen next. One tip that i was able to learn is the concept of panic selling.
Bitcoin is future currency. So it will change any time. You will know the prices list and more information for the future. I will learn more information from bitcoin. I will check the bitcoin day by day. It good opportunity for the future invest and future growth. So ypu will check the prices day by day. It will help to for the plan to work and invest the future. Bitcoin give more good opportunity so you use it well. So it will be chage any time. So will paln for it. Before you will plan ro work for it. You will know the prices then you sell the bitcoin on time. So you will learn it and
just look unto the price when you found it out that the price reaches your desire amount go sell it , it also the same with the alt coin but when it comes to alt you need to wait until the value raise because it might take a couple of months before it establish a good price .
I think the number one key to be able to at least have an hint on when to sell and hold is to totally analyze the current situation. I mean there are methods to use but again it still hard to know what would happen next. One tip that i was able to learn is the concept of panic selling.
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