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Topic: Knowing when to sell off your crypto investment - page 11. (Read 17885 times)

hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
It is hard to make a perfect timing but the resources for analyzing the markets situation can help a bit for this purpose. Investing in the altcoins can give best results for patient investors.
member
Activity: 672
Merit: 32
This is actually my first topic on the bitcointalk forum, been in the crypto eco-sphere for some time now but didn't really feel the need to join this forum until lately. As a trader/ investor the market has taught me some pretty tough lessons and am currently in search of solutions. My question is when does one get out of a trade or sell off a crypto investment?. I used to be a sucker for the hold gang but recent experience has taught me that sometimes you just need to sell off some cryptocurrency even at loss and move on with your life. Examples of such include dragon chain. I bought at the top a year ago and because of the fact that i noticed they were constantly having meetups and news on their social media, i felt sooner or later the market will correct and it will escalate in price. Fast forward to today am rekt and my investment is almost 92 percent gone.
I think its important to throw this question open to the public because a lot of noobs are coming through and although this happens to be the best time to join the crypto space, people need to be educated that it won't be always rossy, you might need to get out of some trades before it gets you down the rabbit hole and into wretchedness.
So blockchain experts and crypto enthusiast when do you say is the best time to get out of a trade? or Dump a long term cryptocurrency you invested in? What level of loss can you take before you hit the panic button?.

firstly, congratulate you on coming to right forum to ask that question. because most members here have experienced the same thing as you, myself. for me there are several options, holding coins that have a future and selling coins that don't have a future. that means in terms of team performance, project core, promising project details with features and features that will be increasingly needed in the world of crypto and beyond crypto
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
Yes, I agree, many projects do not always fulfill promises, coins become cheaper, demand falls, everything is mostly in a falling market, prices are at the bottom for more than a year, if major currencies show a slight increase, this is not the time to take profits. you will have to wait for a full reversal or even forget about your altcoins for half a year.
member
Activity: 756
Merit: 10
Cryptocurrency investment is not a bed of roses ,it has good times and bad times aswell, this even happen in our daily life ,since you missed the last bull run its better to hold for long term to recover your loss,bear market is at work since 2018 but the same thing I told everyone is 'Nothing Last Forever ' ,what goes up must come down they say, alas my friend the bull season will return, and you need it endurance
cryptocurrency is generally a risky business, and you never know exactly where and to what numbers the currency goes, so I use buying and selling ladder
hero member
Activity: 952
Merit: 503
I agree it's best to always sell, of course, when there is a pump. But keep in mind that coins that go high tends to drop also. But it's just for a short period of time. So I would suggest that you sell on top and try to buy back coins from where first bought it. There is a big chance the coin will go back there. For losing coins, better cut of the investment as soon as you see the trend going down.
I normally use the market values to take care of every decision I want to make. Selling your coins at a time when you have the chance to make the maximum profit.  This is only possible if you decide to sell off your coins when the price is high. Normally at a price which can give you 2X. Twice profits in Bitcoin could be instrumental in making you a rich man. A long term adds more than 2X profits.
member
Activity: 756
Merit: 14
Cryptocurrency investment is not a bed of roses ,it has good times and bad times aswell, this even happen in our daily life ,since you missed the last bull run its better to hold for long term to recover your loss,bear market is at work since 2018 but the same thing I told everyone is 'Nothing Last Forever ' ,what goes up must come down they say, alas my friend the bull season will return, and you need it endurance
sr. member
Activity: 1176
Merit: 301
It is really hard to tell when to sell your investment because not everyone could sell it at lose.
There are some people who choose to endure and hold their investment while others choose to cut loss.
We all have different opinion and point of view you should only take other people's word as a guide not as your move .
Remember everyone have different style .
full member
Activity: 532
Merit: 101
To your question, when to sell, there is no clear answer. Need to know what problems you are facing. If you put the money for a long time, then determine the date when you will control and forget. If you are an active trader, then use new technologies, BOTS. Good luck.
full member
Activity: 476
Merit: 100
If you are an ICO investor and you see that your investments goes 2-4 times up in exchanges that it is time to sell. When you are a trader, when your asset goes 30% and above in a span of one day then it's always time to sell. The portion of it that you want to sell is solely up to you.
sr. member
Activity: 474
Merit: 250
In order to still have such a solution and understand when all the same really decide you must own the project, that is, to understand when and how quickly it must be sold. Therefore, I think that all this is not easy.

No one has signaled when it is best to sell or buy the best. There are people who at this point have said, and they feel they should sell to take profits, then in the same time someone wants to buy. That creates a constantly traded market
full member
Activity: 255
Merit: 100
No one has signaled when it is best to sell or buy the best. There are people who at this point have said, and they feel they should sell to take profits, then in the same time someone wants to buy. That creates a constantly traded market
but in market trends sometimes only form one side, and if that happens then a decline will occur. because market demand does not exist and it will make people sell their assets cheaper, and when prices continue to fall it will make some people take advantage of the downturn that occurred.
full member
Activity: 812
Merit: 100
It will be difficult if you don't set the target of your crypto investment.
We must have a target, for example : 20% increase, then we sell to take the profit.
You will never know your coin price could down -90% and never go back again.
copper member
Activity: 349
Merit: 0
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
As a Crypto trader or investor, I believe you should have a target for every coin you are investing in, let's say like 40%-50% increase and when the price of that coin hits the target I believe it's the right time to sell off cos that's what I do
sr. member
Activity: 1890
Merit: 252
I think it would be better for you to invest and hold only on top coins for a long time because top coins such as bitcoin and ethereum have proven to be strong and easy coins to get a price so even though the price drops but surely one day the price will increase even coins like that it has the possibility to make a new price record
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
I am sure that you should have complete information about each coin that is in your portfolio. It is not so difficult even for a beginner. A good project constantly publishes progress reports. We must not be lazy and analyze the work of the team of each of the projects.


You should carefully check your information before selling your cryptos. In most case, I see that people always making the common mistake that input the wrong address, lead to send cryptos to the hell. Please patient and step-by-step carefully when trading cryptos!
sr. member
Activity: 868
Merit: 251
Sovryn - Brings DeFi to Bitcoin
This is actually my first topic on the bitcointalk forum, been in the crypto eco-sphere for some time now but didn't really feel the need to join this forum until lately. As a trader/ investor the market has taught me some pretty tough lessons and am currently in search of solutions. My question is when does one get out of a trade or sell off a crypto investment?. I used to be a sucker for the hold gang but recent experience has taught me that sometimes you just need to sell off some cryptocurrency even at loss and move on with your life. Examples of such include dragon chain. I bought at the top a year ago and because of the fact that i noticed they were constantly having meetups and news on their social media, i felt sooner or later the market will correct and it will escalate in price. Fast forward to today am rekt and my investment is almost 92 percent gone.
I think its important to throw this question open to the public because a lot of noobs are coming through and although this happens to be the best time to join the crypto space, people need to be educated that it won't be always rossy, you might need to get out of some trades before it gets you down the rabbit hole and into wretchedness.
So blockchain experts and crypto enthusiast when do you say is the best time to get out of a trade? or Dump a long term cryptocurrency you invested in? What level of loss can you take before you hit the panic button?.

That's right. In my opinion, every investor must know when they will sell the coin. Because most investors when they see the price of the coins they have soaring, they will choose to hold them for a while longer in the hope that the price will be higher. But, when what they expect is not in accordance with what happened, all they get is regret. So, making a decision when is the right time to sell coins that are owned is an important thing to think about.
copper member
Activity: 462
Merit: 10
This is actually my first topic on the bitcointalk forum, been in the crypto eco-sphere for some time now but didn't really feel the need to join this forum until lately. As a trader/ investor the market has taught me some pretty tough lessons and am currently in search of solutions. My question is when does one get out of a trade or sell off a crypto investment?. I used to be a sucker for the hold gang but recent experience has taught me that sometimes you just need to sell off some cryptocurrency even at loss and move on with your life. Examples of such include dragon chain. I bought at the top a year ago and because of the fact that i noticed they were constantly having meetups and news on their social media, i felt sooner or later the market will correct and it will escalate in price. Fast forward to today am rekt and my investment is almost 92 percent gone.
I think its important to throw this question open to the public because a lot of noobs are coming through and although this happens to be the best time to join the crypto space, people need to be educated that it won't be always rossy, you might need to get out of some trades before it gets you down the rabbit hole and into wretchedness.
So blockchain experts and crypto enthusiast when do you say is the best time to get out of a trade? or Dump a long term cryptocurrency you invested in? What level of loss can you take before you hit the panic button?.

knowing when to sell your assets depends on you, depends on what want L and how you want your investment to go
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
So far, my investment decisions never failed to give the planned ROI over time. Scam projects can be a pain for the investor but choosing wisely can solve this problem. Standard projects are not interesting for me and I prefer to sell such tokens as soon as possible.
Choosing the right one is the main problem at all, if it's easy to find good project then everyone will have good profits, there's a lots of information about the project that investors needs to know, anticipating what can be the possible outcome and how things will give them benefits, planning your entry position and exit position plus adding your cut and loss options, things that needed to master to stay positive inside the trading market.
hero member
Activity: 784
Merit: 500
So far, my investment decisions never failed to give the planned ROI over time. Scam projects can be a pain for the investor but choosing wisely can solve this problem. Standard projects are not interesting for me and I prefer to sell such tokens as soon as possible.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
You should divide your Altcoin into different parts. Freeze 3 out of 10 Altcoin numbers you own, then use 7/10 to trade daily. Based on the growth of Altcoin that you are holding to sell 50-70% and then repurchase them at lower prices when prices fall. When the price increases, it is inevitable that the price will fall back after the end of the rise, so divide your Crypto into several parts and sell it at different rates.
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