just let the markets go up for a while and sell out , looking at articles that indicate anything volatile in the market
sell out, even in green, don't panic if you sell out early as eventually it all goes red anyways, but wait till red period, then buy in at a green
Topic: How to know when to sell? - page 14. (Read 3950 times)
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.
You should look at the market when the number of traffickers selling their Bitcoin is owned is when you should sell it. Do not try to keep it as high as possible, do not let greed make you change your mind. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I think volume movement is one of the most important if not the most important metric to watch out for...a sudden change in volume is sign of something happening...either a pump or coin getting more interest. the best way i found to watch volume increase rate is https://beta.digitalassetdb.com this tool monitor volume movement off all the coins and allow you to filter for coins that have moved for "X" percent in the last hour...very good to identify possible uptrends and get in early...
and to comeback to your question, it's a mixture of things...when you notice significant increase in sell volume that might be a trigger point
and to comeback to your question, it's a mixture of things...when you notice significant increase in sell volume that might be a trigger point
How to read these candle stick charts or depth? Does that help us in knowing when to buy and when to sell?
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.
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.
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 think this is the reason why it is really hard to trade crypto currencies, predicting how will the price move through the year. I think if you are active to some sites or this kind of forum, it will give you some tip to continue holding it or time to give it in. But to be sure, buy bitcoin now and hold it for a long time, well, it gave some profit to some.
Hard prediction is not in cryptotrading only but the other trading also hard to predict.
There are so many people will be rich very soon if it is not so hard to predict.
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.
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.
If you know what is the basic candlestick you know when to sell a coin for me i love short term trading because i study the basic trading technique to know when to buy and sell
I sell when I am making at least 10 to 15% profits either on bitcoin or on altcoins as I don't feel of holding it too long as it can be risky as price of altcoins can drop any time and if I don't sell at a right time then I won't be able to make profits any time so I keep on buying and selling my coins regularly to make regular profits but majority of times I prefer to hold bitcoin longer as its not too risky to hold bitcoins as price will keep on going higher in future.
I personally do not do short term trading. I only do long-term trading only, and only sell once only when the time is right. I collect Bitcoin as much as possible right now. Later I will sell when the time is right where the price of Bitcoin becomes very high and the amount of Bitcoin mine is very big to realize all my dreams. To know when to sell, is actually quite easy. There is my friend who says that the best way to trade is to buy a new cryptocurrency that is still cheap and wait for several weeks. Usually the profit will increase up to hundreds of percent. But you can also do trading by buying and collecting new cryptocurrency that appears in the market. New Coin emerging in the market usually the price will soon rise.
When youve reached your target profit
I sell when I am making at least 10 to 15% profits either on bitcoin or on altcoins as I don't feel of holding it too long as it can be risky as price of altcoins can drop any time and if I don't sell at a right time then I won't be able to make profits any time so I keep on buying and selling my coins regularly to make regular profits but majority of times I prefer to hold bitcoin longer as its not too risky to hold bitcoins as price will keep on going higher in future.
I always check buy order and sell order to determine if the coin still have future.....
That's what actually makes trading very interesting and profitable for some people. No one knows with 100% guarantee exactly when BTC's price will rise or crash. You make profit by thinking about the price possibilities and reducing your risks.
This is also something that make us as possibility speculator but not certain because we will not know for sure all thing about trading like price possibilties and reducing the risk. All just prediction.
To decide when to sell crypto, I think it is due to individual satisfaction. For example, you invest in an ETH when the exchange rate is $ 1200, expecting it to reach $ 1,500. So when it reaches $ 1500 you will sell and not hold. Many people when the exchange rate reached 1500 still not sold but continue to hold led to losses. Put a goal for yourself and follow it.
Yes sell it when it reaches to your target price as holding at that stage doesn't make any sense as price can fall anytime and if you don't sell at the right time then you are likely to make loss by selling it at lower price so its good not to get too greedy and sell whenever its giving you good profits as you can buy it back anytime when price drops later which is likely to happen in cryptos as price stability is impossible in both bitcoin as well as altcoins.
To decide when to sell crypto, I think it is due to individual satisfaction. For example, you invest in an ETH when the exchange rate is $ 1200, expecting it to reach $ 1,500. So when it reaches $ 1500 you will sell and not hold. Many people when the exchange rate reached 1500 still not sold but continue to hold led to losses. Put a goal for yourself and follow it.
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What I do is wait for 25% profit and sell approximately 25% of my stack. Hold the remaining 75% till it reaches 60% or more profit. If it reaches that point then again sell another 25%. By making these slabs I will be in good profit regardless of what happens with the coin. Holding at least 20-25% of a coin is my basic nature so you may call me a bag holder now.
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.
Basic of knowing when to sell is when the coin you are holding increased up to 20% for just a short amount of time. And it's time to hold when that coin of yours is dropping. Don't panic when the coin you hold is dropping and just stay away from the charts and don't ever check the price of that coin. Do read all the time updates on different news cryptocurrency websites on what's happening in the market because it plays a big factor to the crypto market.
I like this your tactics of 20% increase then sell i guess it's a nice tactics to try out.
But what i can't afford to do is to not check charts and updates when the coin is dropping.
I'm like a dog with a bone when it comes to checking charts and updates about my portfolio.
But i think I'll give it a try and see what comes of it.
Thanks for this simple advice.
I wonder is it good idea to sell a coin once it increased 20% , some coins price up to 800% and more sometimes. 20% may be safe but i think if you pay your attention for the news related to that particular coin you know what's going on and how upcoming things event the coin you can hold it for better profit.
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