Topic: How to recognize a good time to sell a coin? - page 3. (Read 27923 times)
Selling a coin is really hard specially a crypto coin because we can never if the coin will rise or fall in the long run. So i think it is always depend on our own decision. But we also need to take care of making a decision for us to earn and not to loss a huge amount of profit, because in crypto we need to make sure every decision that we make because it involves money.
I do the same, buy if I see a big drawdown and place an order on the sale at a higher price in order to make a profit, after which I wait for the price to rise to this mark. Yes, the profit is not very high, but this method works, although there is not always a chance to lose money.
As my good friend told me once: you will never buy at the best price and won't sell at the best as well.
You never know, all we have just feeling where the money will flow, so we have to count with that.
You never know, all we have just feeling where the money will flow, so we have to count with that.
for me the right time to sell the altcoins is when their value is higher than the value what they had when they were bought / obtained even if the gain is little i sell them for having liquidated and being able to reinvest
Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments
.
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments
.I think this is the not the correct time to sell a coin we should wait little more.
When looking at coins that have been earned from bounty, it is very difficult. For almost every new coin, the price drops as soon as it get son the exchanges, and going by price movement alone it can be difficult to see what is good fro the long term. This is why it is important before choosing a bounty campaign that you do a lot of research and pick a coin that you think has great prospects. Don't just go for anything that has a high % bounty share.
It is really hard to recognize the good coins. Sometimes the coin we assume to be rising in price falls all of a sudden. Likewise, the undervalued and underrated coins go up in prices. So luck plays a bit role I believe. But in case of already established and reputed coins like Ethereum, bitcoin, ripple, eos, neo, tron etc, their price does not fluctuate too much. And there is investment security in such coins to some extent.
Will it depends on your strategy how much your target to earn profit, if you want to earn big profit just like 100% you must take the long term hold. But for me i always look at the development of the project before i make my decision when i am going to sell.
for myself sometimes I have my own trend in my own way by looking at the graph of price increases. if the price increase goes up a few percent in a few days it can be a sign to sell, and if indeed higher up can make a sale before experiencing a dump
Quite right for me, my strategy is if a coin increases its price for no reason at all then there would be a price downfall that will eventually follow.And most of all if Bitcoin goes down most of the altcoins goes down too and that's an obvious indicator for all crypto traders out there. There's no continuous uptrend though so we must be discipline enough to decide whether to sell out or not.
If I now receive a valid bounty, I will sell it immediately because the market is currently growing well. So the prices of the projects will be good at the present time, but if the market falls sharply again, it will not be good to hold.
To find out if the price of your coin increases or decreases you need to research carefully, because if you invest in the coin at a low cost and sold when the price of your coin rises the money you earn will increase.
There are so many potential outlier factors, but results of Google trend can give us a good raw signal on what's going on with bitcoin, as well as other altcoins [that have acceptable daily volume]. Now, let's take a look at the following article on Google Trends Bitcoin Searches, a Key Price Indicator, Turn Mega Bullish. As I wrote, Google Trend Result just give us a raw signal, that should be confirmed by other factors, that don't be mention here. When the Google Trend Chart shows another spike, it will be time to seriously think of selling your bitcoins, and wait.
The time when all the coins gave X's passed, now it is rather an exception to the rules, especially when we are talking about coins earned in bounty companies. As a rule, such coins from new projects that are hard to gain a foothold in the market. Sell as soon as possible.
But set your target. In cryptomarket coin pump and dump according to Coin News so be careful and do not be greedy and sell the coin once you achieve your target .
I agree greed - This is only a minus your side because as soon as you earn you enter more and more if you overexpose your coins you will lose later.
But set your target. In cryptomarket coin pump and dump according to Coin News so be careful and do not be greedy and sell the coin once you achieve your target .
I think everyone decides for himself what he wants. If you already see a profit, you can easily sell it, but you can support it in order to gain even more, or you risk losing everything.
It all depends on the mood in the market as soon as the child begins to grow. I believe that at this time there is no need to sell and you need to wait for the time when the market stops and will gradually subside. Then you need to sell and buy more and more new and better coins.
It depends on your profit target, I think if you want big profits then you will need more panic time holding. Therefore, if you want some profit then you can sales when it was cross 2x profits.
Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments.
You need to do a proper monitoring of such coins. How it trend to thw market specially the value of that coins. That the time you go to the next move to sell your coins. Theres so many others technique, what ive said is just the basic steps for you do determine the good quality coins to sell.I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments
.
for myself sometimes I have my own trend in my own way by looking at the graph of price increases. if the price increase goes up a few percent in a few days it can be a sign to sell, and if indeed higher up can make a sale before experiencing a dump
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