How to know when to sell? - page 15.

stromae

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Quote from: tushkanych on January 13, 2018, 12:38:25 PM

Here very much depends on which coins you are going to trade. If you only got a token for the bounty and he only appeared on the exchange, the coin should hold long enough and the profit you will be stunning. While the popular coins to trade during peak growth or drops.

Yes but the question is detecting that drops and peaks. That's how you can turn your trading into a nice one othewise it's likely to lose money on your trade positions. That's the key here to know when to sell or buy.

Widgetloxz

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Whales usually sell while the price is going up. They don't sell at the top all at once or it will cause a lot of panic. I suggest we follow the same thing. We sell portions of our holdings as targets are hit to seal our profits and don't regret it if price goes further up since you didn't lose at all. That's what's important.

tushkanych

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Here very much depends on which coins you are going to trade. If you only got a token for the bounty and he only appeared on the exchange, the coin should hold long enough and the profit you will be stunning. While the popular coins to trade during peak growth or drops.

hritevanz

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Basically, the right time to sell your coin is when the price of the specific coin is high because it is a profitable way. Holding your coin is also profitable but the thing is, the risk is greater. As the matter of fact, there are lots of things to consider in order to earn money out of digital currency and it is always up to you. Monitoring and studying the market will help you a lot to be a good trader.

Luke8321

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Quote from: Nfp on January 13, 2018, 02:16:30 AM

If you want to be a good trader you must keep monitoring its market value time to time, and you have to pick your target so you can find out when is the best time to sell with your bitcoin or altcoin. It consumes a lot of time so you need to manage your time very well to earn a lot of profit with it.

Are there any apps you could recomend to watch the market and to set the target price?

batang_bitcoin

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Quote from: AjithBtc on January 12, 2018, 07:00:37 PM

Quote from: batang_bitcoin on January 12, 2018, 06:52:19 PM

Quote from: kolega on January 12, 2018, 03:29:22 PM

Buy on rumors and sell on news.

Selling when the price is up and just hold or buy when its down. Very popular words like the famous quote from Warren Buffet, it's a effective way of understand on when we should sell and how to start it all over again. As for my situation, I don't have an idea if I'm about to sell or not. As long as I don't need that much money, I won't sell but if I'm in quite difficult situation that I need cash, I would sell.

That's the good way to profit, just hold when price drops. Because it'll grow, maybe it takes little more time than the predicted time scale. Else, just have a targeted price and sell when it reach the respective value. This too could take time. Whatever might be having patience unlike the fluctuations will result in profiting.

Nothing will happen if you'll just hold when the price starts to drop. But if you will not be calm and you are thinking about the price will be moving quickly down, possible that you will loss more. Having a target price of selling is also a good way to determine on when you can sell bitcoins. You must agree to yourself when to sell and that will satisfy you so that there's no regret when you sell.

vhiancs

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Quote from: whalez on November 13, 2017, 11:45:38 AM

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.

like they said you must monitor the market chart time to time, hold your bitcoin for awhile until the price reached your target then you will know when is the right time to sell your bitcoin currency. but much easier to become a holder all you have to do is waiting until the price increase then you can sell your bitcoin currency.

Nfp

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If you want to be a good trader you must keep monitoring its market value time to time, and you have to pick your target so you can find out when is the best time to sell with your bitcoin or altcoin. It consumes a lot of time so you need to manage your time very well to earn a lot of profit with it.

bismillahi

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I think most of good investment coin is always go up, like ethereum, bitcoin, bitcore, deeponion, Time to sell this coin is when you need money and that is urgent (long term investment).
Safex coin is also long term investment and dont sell it before you need it soo much, because this coin have trusted dev and great future.
Thats is some example if you want to be HODLERS

if you want to be trader, just buy when you have good rumor, and sell when your target profit reach.
so sell when you reach your target, dont be greedy.
or if you already have trusted signal, just follow it.

michellee

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Quote from: RDNX on January 12, 2018, 08:15:31 PM

It's depend on your target. If the price already reached your target, then you can sell it. Better you use some technical indicator like Bollinger Bands. That can indicate overbought or oversold price.

using Bollinger bands could give an idea when we want to sell but we need to analyze with the other indicators like macd or else and I am sure that it will help us to place an order sell. besides that, I agree with you saying that we need to have a target price to sell so we know when the time has come and we can sell it at that time. but it will back to you if you don't have any price to sell and you only want to hold for a long time.

RDNX

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It's depend on your target. If the price already reached your target, then you can sell it. Better you use some technical indicator like Bollinger Bands. That can indicate overbought or oversold price.

AjithBtc

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Quote from: batang_bitcoin on January 12, 2018, 06:52:19 PM

Quote from: kolega on January 12, 2018, 03:29:22 PM

Buy on rumors and sell on news.

Selling when the price is up and just hold or buy when its down. Very popular words like the famous quote from Warren Buffet, it's a effective way of understand on when we should sell and how to start it all over again. As for my situation, I don't have an idea if I'm about to sell or not. As long as I don't need that much money, I won't sell but if I'm in quite difficult situation that I need cash, I would sell.

That's the good way to profit, just hold when price drops. Because it'll grow, maybe it takes little more time than the predicted time scale. Else, just have a targeted price and sell when it reach the respective value. This too could take time. Whatever might be having patience unlike the fluctuations will result in profiting.

batang_bitcoin

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Quote from: kolega on January 12, 2018, 03:29:22 PM

Buy on rumors and sell on news.

Selling when the price is up and just hold or buy when its down. Very popular words like the famous quote from Warren Buffet, it's a effective way of understand on when we should sell and how to start it all over again. As for my situation, I don't have an idea if I'm about to sell or not. As long as I don't need that much money, I won't sell but if I'm in quite difficult situation that I need cash, I would sell.

uptown04

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Well if you analyse the potential of coin, its volume and market cap you can have an idea of its price that would be in the max level.

Insanerman

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https://youtu.be/bzs8-7OqWSU
Always be updated in the news of the Cryptocurrencies you are holding. And I always do this strategy when there is an increase of 20-25% gains before selling. Always look at coinmarketapp for you to know their price value. Reading technical analysis is bery important when selling a coin because it will serve as you tool to predict the price movement.
Watch the video from DataDash it will help

sumanto

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Quote from: whalez on November 13, 2017, 11:45:38 AM

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 the right time to sell your coin is to look at the market situation, if the market is still very crowded then it is the right time to sell the coin you have or when you already get a profit more than 50% you can sell the coin you have.

Shutup

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Quote from: whalez on November 13, 2017, 11:45:38 AM

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 have to learn all about bitcoin, research how was it especially on how to sold it. Monitoring the price is very important here you have to search the price of your coin so that you will know if you sell it now or wait for the future. Holding now is the best to increase your bitcoin because it will cost 10 times or more when price is increase.

FLoving

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Quote from: QB Horse on January 12, 2018, 08:15:23 AM

Quote from: Froloff92 on January 11, 2018, 11:54:17 AM

As for me, I just set my desired amount that when the price reached it, I will immediately sell.

Agree!
Always know your exit point before entering a trade.

There are number of things which you need to decide right at the time of buying bitcoins. You need to set some target like this much amount of money you want to make from your investment which you are making. This will help you in making a better decision and it will certainly help you in having a better idea regarding the best time of selling your bitcoins. Sell only when you are getting some good profit in return.

kolega

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Buy on rumors and sell on news. Technical analysis, fundamental analysis and charts with oscillators that show overbought asset or Vice versa. If you know what I mean , if not it's worth a look

Superways

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Quote from: Ganerch on January 11, 2018, 08:19:47 AM

I believe that your satisfied with your profit and percentage then you can sell it. But if you hear the news or see in your analysis that there is 95% that it will increase then hold for few more days then sell it if your satified.

The most important thing which really matters when it comes to that of selling of your bitcoins is that you need to sell your coins only when the market value of the coins which you are holding is this much high that you can actually get some good amount of profit at the end. Selling at low price will result in nothing fruitful and that all your investment will simply go in vain.

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