Topic: Knowing when to sell off your crypto investment - page 16. (Read 17858 times)
It is said numberless times about the timing and pricing of market but new traders always make same mistakes. Beginner luck is biggest factor why these guys fail after few successful trades in this crypto markets.
Its a choice for every investors to know when to let go and it's a choice to keep holding too ,those who don't know what they are doing are the ones that later regrets when they sold and price goes higher ,its your choice so why regretting, I'm a holder because I support crypto to the fullest.
It seems to me that it occurs at the level of intuition. Sometimes I can feel like I've had enough and I should sell right now. Don't know how to explain it, but I think that many will be able to understand me.
Therefore you applied your instinct dude, I agreed that your not the only one who encountered such things here, but of course including myself too and the other community here also I guess. As long as you know to yourself that if it is increase for more than you had purchased, that's up to you if you'r gonna sell it or not.
I must admit that I was also one of those fools who believed that the best way to approach the issue of investments in this market was through the holding, but like many others, experience showed me that we always have to give an opportunity to the sale of our assets to ensure at least a minimum return and disposal of capital for other uses.
Now I have changed my strategy, and for me it is enough that an altcoin offers me between 15% and 20% return to sell at least part of that asset. Comparing such performance with the one currently offered by the regular financial system, it is still a good deal.
Now I have changed my strategy, and for me it is enough that an altcoin offers me between 15% and 20% return to sell at least part of that asset. Comparing such performance with the one currently offered by the regular financial system, it is still a good deal.
In order to find out when to sell or buy a certain coin, you need to constantly follow the news about it and find out one of the first. So you will know when the price is expected to rise or fall.
Often many coins can not be understood when the sell should be considered that it will go up after a lot, but after moving it further down, the holder should be included in the team itself, so to keep himself free from such condition. And before each trade, stop loss must be done. So that the coins go down a little bit to the least damage.
As a good investor you should always know your in and out positions, and it always depends on your goals. If you are awaiting 200 percent from a coin, just set up a limit order, because you cannot always stay by your PC.
no one can find the real bottom or top until it become happened.Maybe there are some exceptional people like having the super power of finding what will happen in the future can use this strategy to maximize their profits. 
Yes, that is right. Moreover, it also depends on the rising trend. If your initial plan had been to cash out with a profit of $2000, a bullish trend can change your decision to more than $2000 which further depends on what you get as a result of technical analysis. See crypto has great potential and I think that this bullish trend is something that you should make use of. If you do not, you are missing out.When considering the infinite potentials of crypto, I guess we may never find appropriate time for cashing out. Hence, the right time should be determined based on our age. Because, our expectations of directly proportional to our greed factor but age is a time-dependent which is God's factor hence we must go for cashing out based on our age factor.
An opportunity lost cannot be regained, but you can as well make use of another that is likely to come up. This is why I usually do not go for too many coins at the same time, because they are need proper monitoring, most especially when listed on exchange. The price if some of the coins fluctuate so well, that it becomes pump and dump. Some make use of such opportunity, to make some profits, but most times, they do not last long.
It looks like at the core of your problems is that you have not made any financial goals.
It may seem simple, but that is a very vital step that so many people leave out.
How much do you want to make from crypto and by when?
If you set realistic goals and dates, then you have something to measure with.
Then, you can figure out what you can do with your current portfolio.
For example, if your goal is to pay off some debt you have as quickly as possible.
Then, yes, you should look into selling soon at a loss so you will have at least something to work with.
If you are looking for substantial wealth and don't mind waiting for it, then you should look to invest more rather than sell.
Of course, everyone, no matter what their goals should at least sell off enough to make their original investment back.
So perhaps that should be your first goal.
It may seem simple, but that is a very vital step that so many people leave out.
How much do you want to make from crypto and by when?
If you set realistic goals and dates, then you have something to measure with.
Then, you can figure out what you can do with your current portfolio.
For example, if your goal is to pay off some debt you have as quickly as possible.
Then, yes, you should look into selling soon at a loss so you will have at least something to work with.
If you are looking for substantial wealth and don't mind waiting for it, then you should look to invest more rather than sell.
Of course, everyone, no matter what their goals should at least sell off enough to make their original investment back.
So perhaps that should be your first goal.
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.
One thing is setting when it come to crypto currency investment as investors in most cases knows the level of profit he or she is expecting at the end of his trading except if you don't have such target before placing the order. Then you will need to gamble when exactly you will need to stop trading and sell off your coins.
I mostly sell off my assets when It meets my initial target. prior to every trade, i set my risk-reward ratio and as soon as any of the condition is met, it calls for immediate action to stop my loss or take profit
Knowing time to sell off is very easy, the only thing needed is to keep following the project, keep researching on the project everyday, if they are progressing or still have meaningful things to offer, with this you won't have to wait till all your investments turn shit before dumping.
It seems to me that even experience will not help here; Where is the guarantee that after the recovery of the cryptocurrency market all the assets that are in the city will also rise in price? I hope that at least half of my remedy will return.
Knowing time to sell off is very easy, the only thing needed is to keep following the project, keep researching on the project everyday, if they are progressing or still have meaningful things to offer, with this you won't have to wait till all your investments turn shit before dumping.
The moment when it will be necessary to sell everything very quickly can come very soon.
The market grows up and the prices of coins soar after it.
I think that when the bull run begins it will be necessary to act.
It is very important not to miss this moment.
The market grows up and the prices of coins soar after it.
I think that when the bull run begins it will be necessary to act.
It is very important not to miss this moment.
Many people will think that if the green market and value increase, investment can be sold so that it has advantages, but there are also people who are pressed by needs so that crypto investment can be disposed of as needed.
In short term if you think or want to make money then yes people will sell now in some point of time. And for those who want to make the best use of this time of rising in prices, one should be ready for the investment now and make some profits.
The best time is when you have benefited by selling at prices more expensive than the purchase price, but it is not easy to predict market movements, and for that we must be brave to speculate.
Many people will think that if the green market and value increase, investment can be sold so that it has advantages, but there are also people who are pressed by needs so that crypto investment can be disposed of as needed.
Fast forward to today am rekt and my investment is almost 92 percent gone.
It's the classic "It's popular now, I must join in the fun!" Everything that involves money and trends, it is always the laggards that suffer the biggest losses because the cheese stands alone.
Ponzi schemes and all markets function the same way because it's human nature to follow the herd.
What you should have done is wait for the market to crash before investing (not buy during December 2017!). Today might be the best time to invest. A year from now or two might be the best time to sell. You just have to wait for another parabolic price trend.
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