How to know when to sell? - page 23.

swaptaker

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Quote from: Ronaldcoin2017 on November 28, 2017, 09:16:42 AM

Quote from: bribed on November 28, 2017, 08:53:04 AM

Quote from: whalez on November 13, 2017, 12:45:38 PM

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 always go by doing the opposit the mainstream media suggests. If Television and mainstream articles talk about bitcoin crashing, I buy, if they are quite and not talking about price rising of Bitcoin, its likely that a correction is happening and selling pays off. Thats just my personal experience though.

Selling is only depend on the decission of the bitcoin owner if he or she think that the present price is enoughf for them.to gain big amount maybe we can never really wait for a long time in order to gain profit only.When we can gain right now at this point of time.I believe that all of us here is really looking for profit and it the profit will occur earlier than what we expected i think we can sell it right away.

I fixed myself a strategey. Here is the deal, sell bitcoin during market pumps with changing levels. And buy it in market dumps with changing levels. This is somehow safer than continuous day trades.

LyQaN

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best time to buy anything is when price is low,best time to sell when market is bullish ,current price of bitcoin is going to touch 10,000$ so people who bought or invest at it when price was around 5000$ its a kind best for them because they are earning double profits.so sell when you feel that you are earning a good profit and you are being satisfied ,maybe you sell them at 10,000$ and price could further increase so exactly saying at price is going to drop or rise is difficult.

Sasuke102001

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It is actually not possible to know when will the price be the highest to sell that is what makes trading bitcoins interesting to some people. I would say it differs from people to people because just imagine you bought bitcoins at a certain value and now the prices have increased in value from before so selling them would be profitable. So it totally depends upon you and your luck, I think it that way.

Ronaldcoin2017

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Quote from: bribed on November 28, 2017, 08:53:04 AM

Quote from: whalez on November 13, 2017, 12:45:38 PM

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 always go by doing the opposit the mainstream media suggests. If Television and mainstream articles talk about bitcoin crashing, I buy, if they are quite and not talking about price rising of Bitcoin, its likely that a correction is happening and selling pays off. Thats just my personal experience though.

Selling is only depend on the decission of the bitcoin owner if he or she think that the present price is enoughf for them.to gain big amount maybe we can never really wait for a long time in order to gain profit only.When we can gain right now at this point of time.I believe that all of us here is really looking for profit and it the profit will occur earlier than what we expected i think we can sell it right away.

darkywis

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BIG AIRDROP: t.me/otppaychat

You should put a stop-limit when you what to sell/buy a coin you want. No one knows if how much pump/dump you can get because in cryptocurrency market its unpredictable.

bribed

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Quote from: whalez on November 13, 2017, 12:45:38 PM

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 always go by doing the opposit the mainstream media suggests. If Television and mainstream articles talk about bitcoin crashing, I buy, if they are quite and not talking about price rising of Bitcoin, its likely that a correction is happening and selling pays off. Thats just my personal experience though.

zergenyt09

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Quote from: yohan09 on November 24, 2017, 10:21:39 AM

Buy low and sell high, I think the incremental value should be in the bracket of 20-30% up, Then that's the time to dump the coin. The Key is to be patient always:)

Indeed, the principle is that you should always set some target for yourself. If you don’t have any target, you can direct your energy in a particular direction. You cannot work hard for a particular goal.

As you have said, 20% to 30% is a big increment on your investment and if you achieve this with your coin, this is the indication for selling off some portion of your coin to enjoy your profit. If the coin is bitcoin, never ever sell the complete lot.

HiringYou

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When the selling price is lesser than the price at which you bought your BTC's then it is the worst time to sell because you will surely face a loss so keep holding until the price get doubled or even more.The best time to sell can be when the price has reached it's all time high value.But according to me you should keep holding your BTC's until you are in the actual need of them because Bitcoin has a bright and positive future so it will rise more in future.So keep holding to get best out of your investments.

rodskee

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Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

working in trading need to monitor the movement of the chart waving because nobody can predict the price, in trading investing strategy sell your investment at high value 10 to 15 percent increase in your investment are enough to sell but depend on your feelings if you think continue to increase the price so hold it.

Marrionbitcoin

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Quote from: harizen on November 13, 2017, 03:03:31 PM

Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

That is the challenge here - you must make some analyzation so that you can create a plan on what will be your next move. To target profit, work for it seriously rather than just wait for people advices. You can take different speculations, news, price movement as references.

Different traders have different way on when will they sold their coins. The obvious goal here is, you must make profit. There is no such thing as someone can predict accurately what will happened you really need to step on your own for making decisions and take my mentioned things above as references in creating your own analyzations.

Actually, you cannot say if when to sell or hold because the price is very unpredictable. The price changes from time to time. Sometimes high and low. You really need to make a decision for yourself. What is your target? There are two things.

If you are into short term investment, of course this is not the best time to buy because your strategy should be buy low and sell high. You need to wait for the perfect timing which depends on the new about Bitcoin forecast.

And if you are into long term investment, you can buy now since your target is not to use the money and can wait or hold it for the long period of time. Since the trend is keep on increasing as you can see the price trend early this year. The Bitcoin is too big to fail so you can never go wrong to invest now and you can see how you will earn in the future.

apolok

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if you are in profit then you can sell.But don’t sell if you are in loss. no one can tell you when you should sell. need to make your own decisions.But always sell in profit not in loss.

Ttrader

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Set price targets and sell when those targets are reached.

jagdeepjd

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Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

No one can tell you, you are the best at knowing what to do whether it's holding or selling and getting the profits.
however, you can follow these steps to know if it's at the top:

1.When you see growing price on falling value - is the first sign to get ready to sell

2.When the people who are never interested in the underlying technology are getting into the coin and start praising it - the second sign

That is how I would define "sell the top" (or close to it).

Aura

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Quote from: ausbit on November 23, 2017, 03:34:36 AM

Quote from: Aura on November 14, 2017, 07:18:56 AM

Quote from: whalez on November 14, 2017, 06:18:18 AM

Quote from: Aura on November 13, 2017, 01:02:34 PM

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.

I guess I'll have try out this information based prediction to sell if it will work.
Thanks for your time sir.

You're welcome.
I have been using it for years and noticed all big fictionalizations are based on events impacting the coin.
Good luck with trading!

I think there is no specific time for selling or buying. It is all about the demand and needs. If you have the money and want to invest in bitcoin you can buy bitcoin anytime and by this way if you have some bitcoins in your wallet and you need money for your financial problems ten you can sell them without waiting for a particular time. I will hold my bitcoins for my future dreams and not to sell them without any need.

I agree with you, it's never too late to buy Bitcoin. But if you see it as an asset, with which you want to make profit then the price is better predictable when you follow the latest news about that particular coin.

durilup

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First time i recommend you to receive free tokens from airdrop/bounty campaign . After that play with them and speculate by chart increasing or decreasing . You will gain some experience and you will know when to sell

Iceblast

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when to sell coins? you can sell a coin when it is at its highest point and also when the coin has got its best place in the exchanger that has a good price you have to sell it, because it's an advantage.

fanbeila

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Quote from: Creepings on November 13, 2017, 02:55:40 PM

Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

Activitycoin

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Quote from: bambazamba on November 24, 2017, 09:42:16 AM

Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

Actually with the crypto currency it is very hard to know what is going to happen next . You have to be very analytical in order to speculate the outcomes of your each and every step . Keep a close eye on the market trends without even blinking and look out for the best opportunity to hop in . Obviously , if a coin is consistently going good and rising it will be a good time to hold that ( but again any thing can happen anytime) .
For such decisions you need to make some calculated decisions , and trust your instincts .

I think first of all you must check the price of bitcoin on daily base because it’s very important to know about bitcoin price because bitcoin price really matter and I also check the price of bitcoin every day because I’m investor and I keep on hold a lot of bitcoin so I’m just waiting for right time when I come to know that the price go high then I sell my bitcoins and take my profit so I’m sure that everyone are doing same as I’m doing.

Ahiaba

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Quote from: whalez on November 13, 2017, 12:45:38 PM

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.

Op, it very simple to know you are to sell because if you your point of entry then you should be able to know whether you are already in profit or not. One important things you need to know before involving yourself into crypto currency trading is to know the percentage of profit that you want to make from each trade and the percentage of lost you can bear from each trade you make. And having that in mind, it will guide your decision on when to sell and when to buy.

Frank0209

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LOL. It's really hard to know dude. Maybe when you get enough profit is the good time to sell or you can hold a little bit longer if you can but the price of the coin you're holding can be dumped very quickly

). So I think you'll not get what you need to know in here, cause I think nobody willing to share it for you free

). There are a lot of trading signal group on Telegram or Facebook so I think you can join them to know the good time to buy and sell any altcoin.

Topic: How to know when to sell? - page 23. (Read 3934 times)