Topic: How to know when to sell? - page 5. (Read 3950 times)
It depends on you because when you know the price has increased in the market. You need to keep track your coin and at what price you bough them and how much you are expecting on your investment. If the coin reached your desired target then it is the right time to sell.
The only technique on how to know when to sell your assets is when you the price became double or triple from the price that you purchased it.Everybody has its own set for selling it always depend on you if how much profit you want to take.Always remember that never ask for too much as long as you got a profit sell it and move on.The smart crypto trader never wait for a long period of time because it usually happened that holding your assets for long time will end up into selling it in a low price.Remember that we "Buy low Sell high.
You should need to know first what is the price in the market. And you need to monitor day by days. Before you sell your coins.
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 are different symbols on the chart when to buy. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
Candlestick price charts contain a lot of useful information for the skilled trader's eyes, such as whether a candle's spread is wide or narrow (illustrates the difference between high and low prices), where the closing price is relative to the high and low etc. The candlestick chart belongs to the family of OHLC (open high, low close) price charts, but there's a multitude of other chart types/styles to suit any advanced trader's preference.
One need not to tell you when to sell as you rightly know the price you bought your coins. So, is up to you to either sell at profit when their values are above your first position and sell at lost when their values are below your position.
actually, i think first you have to have your profit target and your risk tolerance. if you have a cool head, when you get your profit, you should sell. and when the price is down over your risk tolerance, you can sell to cut loss
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 that was trading all about we should trade and learn into it for us to know when to sell but i think we should know first the market price of bitcoin if bitcoin price is reaching its lowest or highest price, if you really want to make big profit you should be aware on the market price. 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 want to know the lowest point during a dump period no other way than spending hours on it for slightest graph fluctuations
You sell when other is greedy and you buy when people are scared simple like that. If you're in profit 40-50% just sell and buy more at the dip and do it again and again to accumulate more coins.
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.
The only can answer you, every time any moment you are free to sell your coins it is up to you. If you need fiat and the value of your coins at the lower value. The only you can do is sell. If you are a trader and you want to know when to sell your coins on the chat value, there are a tool or an indicator the RSI, MACD, and Boll this three will guide you and always monitor your coins time to time. 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 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.
Trading is a smart task. Because you never know what is going to happen just after purchasing. If your coin price keep rising, you can not predict how much it will continue to increase. Therefore the simplest strategy is- buy when people sell and sell when people buy.
It is a very simple way when you sell your coin. Before your sell you need to calculation how many price when you buy coin then you can sell your coin if you have a some profit. Just imagine you buy coin as a 0.04 and after some days later if it will be more than 0.04 you must sell or it is going lease than 0.04 you must hold your coin otherwise you lose your money.
sell if you already get a profit. and hold it if you do not have time to sell when the price starts dropping below 30%. and don't ever be effected by bad news in circulation. because it will trigger your panic when trading.
All things considered with the digital currency is difficult to recognize what will go to happen next. If you want to know when you will sell your coin. Get a more data from coin market or trading view. It’s difficult to know whether the coin you purchase genuinely increase because all kind of cryptocurrency is volatility that is the nature of all. You need to figure out when the value goes pump. Remember no one can anticipate the value. Everything you can do is monitor it.
nobody knows that the best time .as me i will hold coins when btcoin is pumping ,and sell them when the bitcoin is dumping .
My way of trading in bitcoin or other crypto currency is very simple when the market is going up and the news are flowing of it will go more high that is the correct time to sell your coins and take profit. because when the whole market is trying to buy when it has got high ATH that is the time to sell and when the market is in bear and the news is flowing of more downward that is the time to buy as most of the traders are afraid in buying at that time and when the market starts to correct and the price is correct more then 50% that time the buyers start to buy but actually that is the time to take the profit and not to invest it.
when bitcoin gets up again the right time to sell your bitcoins because you're not losing it and you'll definitely earn a big deal here
The right time to sell them again is when the price is higher the one you have paid for the coins. A despondent might think of selling them when the price is low before it declines further. While in the business, the marginal price for a rational individual would never reach zero. This market knowledge or rationality is of prime importance if the goal is profit maximization and cost minimization. Figures and facts count as well.
do not trade if you do not know when the time is right to sell or buy because if you do not know the knowledge about trading then you will lose your money, you should always see the market to know if this time to sell or buy, if the price drops or red then You can buy and sell when the market goes up or green
It is time to sell when the price of bitcoin becomes high. Actually, you can sell it when you already know that you are going to earn profit. When the price is higher than the amount you've invested to buy it.
Noone can tell when is the perfect time to sell. It always depends on your current transactions and the current price.
It's depend upto you and your expectation. How much you can want to get profit from your investment on specific currency its totally depend on you. But my strategy is when I get at least 20-50% profit then I will leave from this one. Because no one can't predict how much pump at this time so try to determine your expectation for getting profit and elopement on practically in trading as well as holding.
No one going to guide you when to sell. It depends on how much profit you want to earn from a specific currency. it also depends on the price you have purchased the charges you have paid for the trade. Bitcoin price is rising day by day and if you have bought it at considerable cheaper rate, then it is advisable to take out your capital amount by selling same quantity of bitcoins
Yes, Setting some target with your coin helps you a lot in making you achieve some decent and massive profit with it. As far as bitcoin is concerned, we all know that it is most of the time increasing in value which is so tempting for people especially newcomers. But take note that the price can be manipulated just like for example if a lot of people buy that coins even if it is on a small quantity or amount the price will immediately rises but that not always reliableJump to: