How to know when to sell? - page 7. | Bitcointalksearch.org

Rebisco

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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 should have targets for you to know when is the right time to sell your coins. When my altcoins increase 5%-10%, I can say that it is the right time to sell my coins. It depends on your target for you to say that it is the right time to sell your coins.

angrynerd88

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Hodlers Network

Simple rule is buy at low and sell at high but it need patience,Market analysis and external factors need to know can help to take right decision to sell out.There are target and goals if you feel you achieved it and feel maximize the profit then good decision to sell for next move.

Omega Weapon

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Quote from: miyong on March 26, 2018, 06:55:29 PM

When you are earning, it is time to sell your bitcoin or altcoins but if you really wanted to earn a huge income or profit you can do some holding for a great chance of great profit as soon as the price already increase.

Selling as soon as you are earning profit is a huge mistake that is something that many did when the price of bitcoin went above 1000 and now they're regretting that they sold for such a price and not only they sold for a bad price they waited for the price of bitcoin to crash and they never bought it again which means that even with the current cheap prices they have lost a lot of money, they could have been better just holding their bitcoins.

bearexin

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Quote from: michellee on March 27, 2018, 07:50:14 AM

Quote from: t2yax on March 27, 2018, 02:58:25 AM

It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.

yes, it is difficult to predict bitcoin price because we still don't know when the price is down or up but we still have a clue to try to make a profit. and if we can watch the price trends in daily, I think we can use the analysis to predict where the price wants to go so we can follow the price and make the decision to buy or to sell or even to hold. the time to sell is when we can see that we can make a profit when the price is up and not hold because we want bigger profit.

Selling at the right time is the most important thing to do as if you failed to do so, then it will be very much difficult for you to make some good earnings and that you will not be able to have your desired amount of profit then. If you want to have some good profit, then the best thing which can help you out is that you should go for selling your coins only at time when the market is very much high.

kpcian

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This is the challenge for you. Basically, If you have the latest information about the blockchain system then you could find the way when you have to sell your stock. for this purpose, you have to make a proper planning about the price target. And keep watching the price trend. I think if the price would come to close to your target then you may take an instant decision regarding selling. One thing, Don't be hurry when you sell your stock because no one ever knows that the pick level. So a proper planning is the best way for trading properly. But from my perspective, latest information would be helpful for you regarding selling time.

RenBct

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When there is a pattern that indicates that btc will go down of course i want to sell because i don't want to FOMO or i just want to be part of that profit even the market is bearish

greenclub09

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BBOD - The Best Crypto Derivatives Exchange

i think as a trader we always have to predict the price we will sell if the price reach our target, so the first thing we should do is set our own target price, when the market is too green, we should never be greedy, sell a little slowly don't wait until the peak to sell because we will never know when is the peak reached, but when the market drops and we loss more than 10% we should cconsider to sell to cut losses because if we keep holding, we may get huge losses in the future.

billtonz123

newbie

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if you want to know, when the time to sell and when the time to buy. you must learn and study about strategy. so many strategy you can find it which are suitable with yourself, but from all of strategy, usually people still use resistent, resistent is the line that connects the upper boundary with the lower boundary then meets in 1 pointy. with that we can know when the time to we can sell or we can buy

Beremat

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Quote from: carodupuis on March 31, 2018, 01:07:11 AM

Quote from: Kocret02 on March 25, 2018, 10:06:18 AM

sell can be known in the market, we can sell when the price is high and improving. this time the market can be used as a benchmark when to sell before the coins back down.

There is no doubt in this thing that you have to sell when the prices are high. Now the question arises, how much this high should be? When you know the market is highest at the peak right now? So for answering these questions, I advise you people to calculate the profit that you want to achieve in one time. this margin profit will help you to see whenever this is achieved, just sell without even getting in worry that have the market reached its highest or not?

I totally agree with you. you have to set own profit margin for each coin. you must trade and invest based on knowledge and experience. Do not based on the trend. do not try to find the peaks, because you never find them. Do not too greedy. If not, you will lose your money.

carodupuis

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Quote from: Kocret02 on March 25, 2018, 10:06:18 AM

sell can be known in the market, we can sell when the price is high and improving. this time the market can be used as a benchmark when to sell before the coins back down.

There is no doubt in this thing that you have to sell when the prices are high. Now the question arises, how much this high should be? When you know the market is highest at the peak right now? So for answering these questions, I advise you people to calculate the profit that you want to achieve in one time. this margin profit will help you to see whenever this is achieved, just sell without even getting in worry that have the market reached its highest or not?

Hagmonar

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The best time to sell your profulio is when already reach the higher profit you lemit in that tokens. Lets say you buy at 100 satoshi each 1 of that tokens and you hold it at 1 or 2 years and your price limet to sell is 1000 satoshi and after one year you see that the price aleady reach to 1000 satoshi then you can sell it at 10x profit in your investments.

Gringoblin67

newbie

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About the topic, I don't sell all at once since there's no way in telling where price is going, So I sell on the way up in tranches and leave a small portion to ride out the trend.

KEPLER99

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Quote from: michellee on March 27, 2018, 07:50:14 AM

Quote from: t2yax on March 27, 2018, 02:58:25 AM

It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.

yes, it is difficult to predict bitcoin price because we still don't know when the price is down or up but we still have a clue to try to make a profit. and if we can watch the price trends in daily, I think we can use the analysis to predict where the price wants to go so we can follow the price and make the decision to buy or to sell or even to hold. the time to sell is when we can see that we can make a profit when the price is up and not hold because we want bigger profit.

Not even crypto experts can tell the exact date from which bitcoin will start making progress. All they can do is tell that bitcoin will rise for one time at least in the year and by looking at the last end year value plus the rate at which it made progress, they make a wild guess for next high value. Moreover, bitcoin shows progress in the second half of the year. A person must just hold on his bitcoin for as long as possible because it has a very bright future.

stein888

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"OPEN GAMING PLATFORM"

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.

Buy low sell high! That is the basic in trading, if the coin you are investing in drops, then that is the time when you should hold the coin. This time, almost 80% of traders are holding their coins and suffering 70% losses because the market is down. But they still believe that the price will go to the moon in the next months. The more people who buys the coin than those who sell will make the demand higher and the price will go up.

Cling18

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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 must be very observant. You should know where to get the latest news about your holdings all the time. Just always apply the best trading rule which is to buy low and to sell high. We can't predict the value of our holdings so what we need to do about it is just to observe and wait for the possible changes.

iMark

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Quote from: michellee on March 27, 2018, 07:50:14 AM

Quote from: t2yax on March 27, 2018, 02:58:25 AM

It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.

yes, it is difficult to predict bitcoin price because we still don't know when the price is down or up but we still have a clue to try to make a profit. and if we can watch the price trends in daily, I think we can use the analysis to predict where the price wants to go so we can follow the price and make the decision to buy or to sell or even to hold. the time to sell is when we can see that we can make a profit when the price is up and not hold because we want bigger profit.

I always have a target or a benchmark when I have to sell my bitcoin. of course the key is higher than the price I bought before, if the price has exceeded the price I bought earlier I will start doing the analysis when the price will stop rising then i will sell it, do not holdyour bitcoin for too long, if you want to get a quick profit

spiderm4n15

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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 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.
Overall BTC is at it’s highest point in the past x-number of years. And yes, there’s been a fantastic bull market. But, you’ll have to decide how this impacts your position.

atetess

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As far as i know, we can sell anytime as long as we already have some profit from what we invested but there are more chances of getting more profit upon holding it and wait for the huge pump in price.

Cointertrade

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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.

I think for me i should know or learn to trade to be able for me to know when to sell and when is the perfect time to sell, thats what trade is profitable to do for a people they should learn to trade because i think trading is the key when to sell and when to hold ,if when is the perfect time to sell bitcoin.

JFry83

jr. member

Activity: 59

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I tired two strategies

1st one was selling when I'm all happy and counting my $$ and thinking to myself "wow, how high can it possibly go?" and 2nd one was way simpler, selling 15% of coin that is profitable in order 2 invest the said profits into something else entirely.

Topic: How to know when to sell? - page 7. (Read 3954 times)