Topic: Knowing when to sell off your crypto investment - page 12. (Read 17858 times)
Since you are newbie, for now, it's not that easy to understand trading for the individual like you. But you might just get it at once, if you are really determined to know, to learn and had a passion to become successful here. My advise to you is you must buy altcoin that are popular in the market because its an advantage for you to have it and they are all high level of volume, too, in any of the platform exchange. To sell it, this will depend on you. If you think you have profit already you can sell it anytime or you need to wait more if you are desiring more profit, something like that.
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.
I always get out of certain investments or trades when I really get the information or the reason why I have to do that, if the information on the website or the telegram starts to go wrong, then I will be sure to leave the trade.
Thanks for your information but for me if the token have not good project i think thats time for us to sell our token. So in this time i think ethereum and bitcoin is very potential to grow in the future.
Now the market is finally in a growth phase, so now, even if you really need to sell something. THEN must be sold 2, 3 times, When the price can not go up more
Its really important to never sell your entire stack of coins, you never know when the price will stop going up. I made this mistake before and sold bitcoin way too early only to watch it soar to the moon. You better believe I aint making that mistake again.
i think it's depend on the condition, if the market of the coins is not good anymore and keep going down, it's better to jus sell all your coins before the price keep going down and down. but if it's only going down a bit, find out what is the reason, and if the reason is only small then just keep holding. 
It's pretty easy for me to sell my investments if I already saw a 100 percent profit on my investment. Let say I invest in Binance coin amounting to $200 then it became $400 so I will sell it co'z I already get a good profit I also don't regret if it goes higher after sell.
Just having a profit is nothing to regret because to earn 100% profit is really hard and not everyone is patient enough to do this. Everything in this market happens very quickly and not everyone can predict the exact price to sell coin. In my opinion, if you are already profitable then you need to keep looking for new coins because most people tend to choose new coins when they are profitable. 
It is possible to determine the moment of sale only by your own internal voice. The main thing - do not follow the generally accepted trend. How many times did not try to follow the advice of experts on stock trading and technical analysis - never got the expected result. It seems that these shepherds are purposefully driving a flock of obedient investors in the direction they need, and at some point they themselves act strictly on the contrary, receiving their profit.
Its really important to never sell your entire stack of coins, you never know when the price will stop going up. I made this mistake before and sold bitcoin way too early only to watch it soar to the moon. You better believe I aint making that mistake again.
Really good point but as a human no one can do it I think. Because while your profit goes up you just want more and wait. And when it goes down again you hope and wait again. From my side ı have %10 percent rule. when ı play it doesnt matter up or down. I sell when ı see %10.
If you’re a trader, that’s why you have stop loss on the screen. You can set up a stop loss to prevent your trade from going down to a certain rate. Depending on how you like it you can decide you don’t want to lose more than 20% to 50%, and when it gets to that it will automatically sell your coins so that you don’t lose more of your money. You can then decide whether to buy back at that rate if you feel that’s the lowest it can get. Buy in and then wait for another uptrend.
Selling what profits you gain as the market rises would be the most pragmatic approach. The problem is that human greed takes over. You can see 100% or higher profit in a day and that instinct kicks in where you believe it will just continue to rise. The opposite can happen as well. I've already sold a coin at 300% profit within a week because an exchange was lagging and I thought trading was going to be suspended. Woke up the next morning to find the price go 10x higher.
It's pretty easy for me to sell my investments if I already saw a 100 percent profit on my investment. Let say I invest in Binance coin amounting to $200 then it became $400 so I will sell it co'z I already get a good profit I also don't regret if it goes higher after sell.
Sometimes it take a risk in selling off your crypto investment, I think as one really understood the trading part.. one has to sense when to trade or not, coz there are times when the market is good you still tend to wish it to go up higher so that you will profit more...but then its not... and you regrets..that's happen to some people I know, other sell they crypto in lower price because of the need only to find out about after a couple of days.. it goes up...so sad..look and really feel it and get wisdom
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?.
this is the most important and difficult part in investment of cryptocurrency field because we don't know which is the best time when a development is happening suddenly it will be reduces and sometimes it will not be introduces so predicting that thing will be the experience of everyone if you find that you will definitely get the success. 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?.
If you are dayli trader or may be weekly, its easy to know when to sell is when you have profit, it just easy like that..when you are greedy and want make big profit in short time its not a betting brother, make little profit everyday is good and enough.
Crypto investment is not kind of traditional investment where can predict when to sell your investment and make profits from it but cryptos are really unpredictable we cannot sure when we can send but we can set a target and sell when it reaches.
depending on what purpose you entered the project, and what the project is all about. If you are completely confident in it, and the question is put to hold up to a certain price, or date, then there is no point in selling.
In my opinion there is no point in selling almost any coins you earned unless you need money. Of course, some of these coins will fall to the bottom and will not come back from there, it is not only easy to foresee, but it is possible with a detailed study of the project. But the other part may well grow in price so much that it will cover all expenses, but it may take more time than you think.
the best time to get out of the trade is when you have made a profit from the trade you are doing, you can sell at the time of the pump to make a profit, when the coin that you have starts decreasing and does not have the potential to go back incrase then you must cut losses with immediately sell it, every trade has a risk so we must be able to determine the right strategy to buy and sell coins
Of course, if we are talking about those cryptocurrencies that we have invested, then in order to have good results, we must first analyze all available information about the projects in order to know what we can count on. But if we are talking about coins that are earned in air drops or bounty companies, then at the current state of the cryptocurrency market, the sale of such coins is greatly complicated by their profitability.Not really, if it is obtained from airdrops or bounty campaigns, it should be sold at anytime. because all that is received is profit. the problem is when the coin is owned by buying it. we must really analyze when to sell and about all the worst possibilities.
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