How to know when to sell? - page 18.

lumeire

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Quote from: desi92 on January 06, 2018, 05:18:05 AM

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.

There is none can tell you when the right time to hold or to sell.

It's easy. Set a goal ROI, it may be 100%, or even 5x or 10x. Hold till you get there, then sell once you've reached the goal. The most important thing here is sticking to your goal.

EvilKingfisher55

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Try to sense the community, sometimes you can feel signs that a pump or dump is happening. Also try to read and analyze the market graph of the coin you are selling.

Clavulanic

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Quote from: desi92 on January 06, 2018, 05:18:05 AM

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.

There is none can tell you when the right time to hold or to sell. All you need to do just predict it and no sure thing.
If you can see the depth market in any exchanger, of more buyer than seller, its time to hold but if more seller than buyer so its time to sell. Thats small trick how to predict.

Yes i agree on that only you can decide on what will be the right time for you to sell in order for you to gain a hige profit i believe it ahould be done during the high price status occur in the bitcoin price sometimes we really get panic because of the unstable price of bitcoin but we really have to overcome our fears to avoid loosing i believe that fear is a distruction and it will not really help it will really distruct you.

desi92

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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.

There is none can tell you when the right time to hold or to sell. All you need to do just predict it and no sure thing.
If you can see the depth market in any exchanger, of more buyer than seller, its time to hold but if more seller than buyer so its time to sell. Thats small trick how to predict.

Koro-Sensei

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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.

Know your limits, know your satisfaction if you thinks its enough then so be it. Dont let emotions take you always look whats infront of you dont think back if you know youll regret it. Move on and think. Think before you click. By the ways Ripple is blowing out might be a good idea to invest.

Chachacoin17

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Quote from: dxbcoin on January 06, 2018, 04:19:42 AM

you should have a trading plan, with selling target. when it hits your target, sell it

Yes i agree on that and i think it should be done during the price is really high enoughf to have a big amount in return of yoir investment i believe that bitcoin id ls really profitable if we have really a patience on waiting because we can really wait for the right time to sell if we really hold with patience.Maybe people arround will really seen that bitcoin to day is really rising that is why today is considerable as a selling time .

dxbcoin

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you should have a trading plan, with selling target. when it hits your target, sell it

Tantlizbat

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Safety rules were written with blood. That statement sounds familiar to every soldier around. Although we are not dealing with a risk to human lives, losing your expensive Bitcoins by making mistakes trading is definitely not a fun situation.

So, how we can avoid those mistakes in our trading? How to be mostly on the green side? First, it is important to note that to trade right requires attention and your one hundred percent focus. Secondly, trading is not for everyone.

Tips for trading Altcoins: Most Altcoins lose their value over time. They simply bleed their value away slowly (sometimes rapidly).

Take this into account when holding Alts for the medium and long term, and of course choose them carefully. What kind of Alts are recommended for the long term? Remember, this is only when there is a reason for making a trade.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Robert Ryan on December 11, 2017, 01:55:40 PM

For this you have to study both technical and fundamental aspects of trading. And learning is a process. You can not do it overnight. You have to give time for it. Only technical analysis can help you but it's better if you learn both technical and fundamental analysis. By using that knowledge you can know when to sell.

Do you have any real stuff to say or you are simply taking weed and talking nuts? Yes technical analysis is important as many experienced trader would say but this does not always happen in crypto. There is always that little dilemma in people that crypto and bitcoin are actually a bubble and hence whenever there is a drop in price the panic selling starts because they think that this is moment the bubble is going to burst.

Basically this thing runs the entire market over and over again.

cydrix

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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.

If you know whats the right price for you or the good enough profit for you. It all has basis and this one is yours to decide. You wont know if you wont read or speculate dont rely too much on suggestions be realistic and make decissions for yourself to improve yourself.

CheatingCoins

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Do what needs to be done.

It all depends if you are in for long term trading or daily trading or just quick in and out. It is important to set goals. For example, at this trade in is 13k I'll get out at 15k making a bank of 1/4 bitcoin in 30 minutes.

Just for rough example...

obinine

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Quote from: fanbeila on November 27, 2017, 09:50:00 AM

Quote from: Creepings on November 13, 2017, 01:55:40 PM

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.

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.

Yes,of course.Trading is mostly an unpredictable job.You have to surf crypto related websites frequently and be updated on what progress is happening in the crypto world so that you could get an idea of which coin is performing well and which coin has the potential to rise in future.By tracing the most under valued coin and investing in it,you could make huge profits.Earlier,traders used to predict bitcoin market by keenly watching the china's bitcoin market as it had a very big impact on the bitcoin market worldwide.But it is now no more.You can get some ideas about price increase just like CME entered the market and bitcoin price triggered.You would have to learn it from the market.

If you are doing trading with bitcoins and you have some bitcoins in your wallet then I will suggest you to hold them for right time and keep in touch with the graph rate of bitcoin as the rate of bitcoin is increased enough from the rate at which you have bought bitcoin then you need to start selling your bitcoin.

doomloop

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Quote from: milewilda on December 11, 2017, 12:20:35 PM

Quote from: kriptotr on December 11, 2017, 12:06:12 PM

Quote from: Hypnosis00 on December 11, 2017, 10:45:11 AM

I always sell my coins when the price is on the all time high and i just wait for the price to go on a dip or to go down and that is when i am going to buy again. That is my strategy and it works a lot compare to the past strategies that i have been using.

There are some analysis indicators embedded to the price charts of each coin, they show the temperature of the market. For instance, RSI indicator. If it's bove 70, this mean a sell wave can hit that coin.

Not all the time on which technical analysis would really work into trading cryptocurrencies because based on my own experience they wont really tend to work out and not really reliable to be used anytime because prices wont really go as expected basing on your analysis of your technical tools this is why the market is soo really unpredictable but it s much better to have your own basis than on selling out in random moves.

The main thing is experience that bring such a guessing quality which bring perfection in work and sometime when price stay at the same value for more than two days this shows that their rising limit is here and waiting at that time is useless so one must have to sell his coin at that time and this formula is quite good to guess the selling time and I personally do the same thing to make money In the pump time.

xenxen

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if you know the price is higher than to last you buy any time you can sell your coin as long as you know have a profit.. dont sell your coin if you know you are lost. its easy to know when you can sell....

Maddinson100

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Quote from: shan05 on December 11, 2017, 09:22:18 AM

Thats a good question, some of us want a higher profit of btc but we dont know were to up and down because we cannot control the btc but if pumps every single minute meaning it has a chance to increase or higher profit and thats the time to sell botcoin.

Yes this need to be understand by general traders that what will be the suitable time for selling and buying. Actually there is nothing like this. You can’t find any better solution to this problem. Buying and selling strategies differ from person to person and everyone have different goals. So keeping that tin mind, I advise to consult expert traders if you know, read articles and get knowledge.

gabmen

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Quote from: PrinceCaspian on December 12, 2017, 06:42:34 AM

You can tell if you are going to sell if you are already satisfied or contented with the profits that you have. Before you buy something or invest your money, you should know what are the things that you want and what are the price where you want to sell so you will not get confuse.

Well that should be the case. Have a target but be a little flexible. Your targetay be an amount where you're already comfortable with profit or it can be a specific amount that you're willing to hold for a long time.

flower1024

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Quote from: twostepsally on December 12, 2017, 05:33:51 AM

Quote from: engrlodi on December 12, 2017, 05:09:12 AM

Selling bitcoin is in your risk, we cannot know when will bitcoin price is the highest. But I think when bitcoin pumps just sell. It is a good time. In this bitcoin we can’t predict when the value will dump or pump, it is in your instict to know when bitcoin has a great value. Sell it when the money is enough already for you and if you think it is profitable already.

You will know the bitcoin process and gather some infromation for the selling. It will helpful to gathe more profit. Bitcoin prices will be change day by day so you will know the bitcoin process. If need for the information you will know the check the market place and wallet. It good to for the future growth and gather some information. It will helpful to for the future invest.

Selling bitcoin is fully depends on you, we can just say what will happen in future but when to sell your bitcoins that you must decide.
I will sell my coins when the price is high, and i feel it is worth to sell. And i will never sell my all bitcoins at a time. Part by part I will sell. And also I am saving bitcoins for my future use.

PrinceCaspian

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You can tell if you are going to sell if you are already satisfied or contented with the profits that you have. Before you buy something or invest your money, you should know what are the things that you want and what are the price where you want to sell so you will not get confuse.

De Suga09

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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.

Depends on your situation, how you view it, and what you think the market will do?
Do you think it’s at the highest potential or not?
Do you think that more or less people will get involved?
Do you need the money?
Do you view this as a quick cash maker or long term investment?
Once you have a general sense of the above you’ll be able to make your decisions.

twostepsally

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Quote from: engrlodi on December 12, 2017, 05:09:12 AM

Selling bitcoin is in your risk, we cannot know when will bitcoin price is the highest. But I think when bitcoin pumps just sell. It is a good time. In this bitcoin we can’t predict when the value will dump or pump, it is in your instict to know when bitcoin has a great value. Sell it when the money is enough already for you and if you think it is profitable already.

You will know the bitcoin process and gather some infromation for the selling. It will helpful to gathe more profit. Bitcoin prices will be change day by day so you will know the bitcoin process. If need for the information you will know the check the market place and wallet. It good to for the future growth and gather some information. It will helpful to for the future invest.

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