How to recognize a good time to sell a coin? - page 4.

endogan

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Colletrix - Bridging the Physical and Virtual Worl

Quote from: 94K on June 14, 2019, 05:03:25 PM

You need to study and analyse the crypto market before you make a move to sell your coins. When the market recovers and prices increases, you sell.

yes and if you feel profit, you have to sell it before the price drops again and you do it quickly, if you lose that moment, you might regret it.
market movements can change at any time and can move quickly so you have to check frequently if you want to buy or sell so you don't get stuck.

Handsome Boy

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I ❤ ₿itcoin and Ethereum

Quote from: asder250 on January 10, 2019, 03:36:43 PM

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 Wink

.

if I personally will sell the coin from a bounty when the price of coin is the same as the price at the ICO or when the coin price continues to fall after listing on exchange and when I have sold the coin from a bounty, I will invest in Bitcoin or Ethereum, because in my opinion investing in Bitcoin or Ethereum having a small risk and can give me a big profit than I hold the coin from a bounty (possibility the prices continues to fall and die can occur).

jigzaheedcoin

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☀️ Iskra Coin ☀️

Quote from: prehisto on June 14, 2019, 05:02:24 PM

Quote from: asder250 on January 10, 2019, 03:36:43 PM

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 Wink

.

This is a real dilemma for me often. I have made many bad decisions by holding and not selling , one of the reasons was that the team was promising new good exchanges, in the end they listed in shitty exchanges and totally wrecked the price or just they postponed till the price was so low that it was not worth selling any more.

For me also a big indicator is the amount the ICO did rise. In the case of large sums, it is clear that there will be no x10 because there just is not enough money in the market. I have risked and waited with some very small coins and these are the times i have hit the jackpot.

That's a great way to recognize selling a coin when the right price will happen in the market, and I don't prefer shorter terms in trading my asset as well. But the best way to dump your asset is you should wait the right time to gain a good profit when you sell at higher price. Don't just wait for any signals, just monitor from time to time the actual market trend in order to be updated and you can decide quickly.

94K

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HiveNet - Distributed Cloud Computing

You need to study and analyse the crypto market before you make a move to sell your coins. When the market recovers and prices increases, you sell.

prehisto

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Activity: 882

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Your Data Belongs To You

Quote from: asder250 on January 10, 2019, 03:36:43 PM

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 Wink

.

This is a real dilemma for me often. I have made many bad decisions by holding and not selling , one of the reasons was that the team was promising new good exchanges, in the end they listed in shitty exchanges and totally wrecked the price or just they postponed till the price was so low that it was not worth selling any more.

For me also a big indicator is the amount the ICO did rise. In the case of large sums, it is clear that there will be no x10 because there just is not enough money in the market. I have risked and waited with some very small coins and these are the times i have hit the jackpot.

TheICE007

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Activity: 646

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tozex.io

Well for me, I really don't know much about trading,all I know is buying low and selling high. Aside this, I can't determine the entering point, so what I do is that I hold my token from bounty and wait for it to make some profit then I sell.

Kay94

member

Activity: 364

Merit: 10

For me, a bounty hunter with few tokens being held is a great idea because you earned a lot of profits when the price increases. I think the best time to sell a coin is when prices go up and the market recovers.

sixtyonefourfive

jr. member

Activity: 42

Merit: 1

The best time to sell a coin is when it is pumping. Look at HST - decision token to profit on the next pump, which should occur Monday 06.17.19 as a major announcement is due out in regards to a new major client. HST tokens power a voting platform.
https://coinmarketcap.com/currencies/decision-token/

Raymondavid47

jr. member

Activity: 546

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In my own opinion, as a Bounty hunter, holding some types of token/coins earned from Bounty Campaigns is actually a good idea. But if you notice a project that the zeal towards the project is fading away, I wouldn't advise you to hold that token/coin. It's probably going to drop in the future.
Here is another idea, you can sell %50 of your reward and hold the remaining %50 incase the price increases in the future.

Chicky213

copper member

Activity: 476

Merit: 4

You just have to monitor the coin and check for any good partnership announcements or new to exchange listing. All these triggers price to rise and that is a good time to sell, cause you will make some good profit. Remember to remove greed, sell when you get the chance.

Christinebeauty

copper member

Activity: 420

Merit: 2

Before you invest into any coin, always prepare your exit plan. You have to set a target price at which you are going to sell. When you are fortunate enough and your coin reaches that amount, don't be greedy and wait for more. Just sell and cash out your profits before the price starts dropping.

aji567

member

Activity: 728

Merit: 10

in my opinion the right time to sell your coins from getting a bounty is when the price of bitcoin is rising then your coins will also follow that increase and at that time end up selling it. Do not rush to sell coins or your tokens, also consider market conditions.

Helpme_please

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Activity: 633

Merit: 10

Quote from: xephireusMMX on June 14, 2019, 01:18:49 PM

I often look at Bitcoin (because a lot of altcoins follow it), also look at the resistance level, I also look at the news background of the coin and everything tells me when to sell the coin.

technical analisys needed to identify exit level.besides looking bitcoin price as main trigger we could analize based on chart so we will know which is best level to exit based on support and resistance strategy.

xephireusMMX

full member

Activity: 306

Merit: 100

I often look at Bitcoin (because a lot of altcoins follow it), also look at the resistance level, I also look at the news background of the coin and everything tells me when to sell the coin.

r_delossa

member

Activity: 490

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It depends on you goals my friend. Furthermore, you do not need to be greedy on this market, because as we have already learned many times, if you cannot sell your coin on time, you should wait for many years to get the same price again.

skivrmt

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Activity: 994

Merit: 501

Quote from: coino.org on June 14, 2019, 09:35:47 AM

Look, it depends on various things, so I suggest that main events like collaborations, main net and so on, after these news and reaction, you should sell and wait for good entry point

I agree that good news like mainnet launch or new listing give a good impulse for a price growth. So it's pretty good time to sell your coins to get a profit.

coino.org

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Activity: 798

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Look, it depends on various things, so I suggest that main events like collaborations, main net and so on, after these news and reaction, you should sell and wait for good entry point

Thomas-s

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Proof-of-Stake Blockchain Network

Quote from: Anatolich on June 14, 2019, 05:37:06 AM

There is no correct answer for this. There is only experience and own observation. If immediately a good price for a coin, impressive results of ico, whose team can be trusted, then I hold for a long time.

but you also have to constantly watch what happens in this project if you want your investments to be really successful.

mammoniter

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Activity: 574

Merit: 100

Quote from: asder250 on January 10, 2019, 03:36:43 PM

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 Wink

.

Actually thats the risk in having a cryptocurrency. Its very unpredictable and you'll never know if its worth holding or not. I think it all depends on your personal goal and target. Don't be too greedy because you might end up with nothing. Just set a target like if the value reach 5X its original value, sell it. If not yet, keep holding it.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: jyotianand01 on June 14, 2019, 05:21:57 AM

It is not easy to determine the correct time to sell but you can sell your coin when you found your expected price of that coin. No one knows when a coin go a quick run and give you handsome earnings. Equal coin gives a big rise yesterday after nearly a year standstill.

Sell when you are convinced with the benefits you already gained from your assets, be contented and enjoy whatever results you received,
don't fall with some fall as it's part of the cycle but instead keep waiting for your profitable position.

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