Topic: Knowing when to sell off your crypto investment - page 18. (Read 17884 times)
It depends of your decision or you must have a target of how many percent are you gonna sell your crypto to earn enough profit, do not let your emotion dectate to you because after that you will get regret and turning yourself down.
Finding bottoms and tops is not the best strategy and even you are good in it, look on average profit of crypto holder and you will find out that holding cryptocurrencies in a long time period is more profitable and risk is much lower.
If you are good at finding the bottom and top then you can be one of the most richest person in the world so don't deny that it is a best strategy but it is impossible to find on the crypto currencies since the prices are just moving on its own basis and doesn't following any charts at all.
The best time to get out of a trade is when you achieve your trading goals for that specific coin.
Profit taking is very important, this is why you should not be greedy and and always stick to your trading plan.
Profit taking is very important, this is why you should not be greedy and and always stick to your trading plan.
Not soon that is for sure. I cannot even think to sell my investments at this point or anywhere under 20k$ / bitcoin so patience is actually the winner in this long race. I saw posts with people who already sold at this mini burst of bitcoin and now they regret it but with no mistakes you cannot learn anything.
Finding bottoms and tops is not the best strategy and even you are good in it, look on average profit of crypto holder and you will find out that holding cryptocurrencies in a long time period is more profitable and risk is much lower.
If you are good at finding the bottom and top then you can be one of the most richest person in the world so don't deny that it is a best strategy but it is impossible to find on the crypto currencies since the prices are just moving on its own basis and doesn't following any charts at all.
Finding bottoms and tops is not the best strategy and even you are good in it, look on average profit of crypto holder and you will find out that holding cryptocurrencies in a long time period is more profitable and risk is much lower.
Better to start your own thread because you might need to contribute in this forum like this guy.
Well, first of all, crypto invesment is likely look gambling. Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
You’re wrong by saying cryptocurrency is gambling. Well, first of all, crypto invesment is likely look gambling. Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
Cryptocurrency is not gambling, it is an investment. You should really know the difference between an investment and gambling. In gambling you’re placing your money to play a game and you’re risking your chances based on what’s going to be the outcome of the game. As for investment you’re placing your money and expecting profit in return.Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
Knowing when to sell your cryptocurrencies depends on when you invested in them and how much profit you have made. If you have made an amount of profit that you think is enough, then you can withdraw and wait for another time when you can invest again, maybe at a cheaper rate. If you invested earlier this year, then its best to wait as the price is still moving up and there will likely be a Bull run anytime soon.
You should always know when to sell your crypto, to get profit and to buy the same crypto for a better price. It can be done with help of technical analysis and knowing about upcoming news of coin that you wish to trade.
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?.
I think everyone is trading to get income and profit from him, but sometimes what we expect is not in line with expectations and in that case of course we must have strategies and other decisions such as cutting losses so we don't get bigger losses and I personally will choose to cut losses at least 20 to 30% and of course based on what I observe that the coin will fall further so I have to make that decision.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 coins will save you a great deal of loss and hurt. Some coins can be held for a log while and they will turn out to be great while others too can't. All you need to do is to keep monitoring the market and jump off when things are not going on well.
every user has a different decision because they before investing or trading, certainly understand the consequences of the right time to buy / sell. actually profits don't have to wait long we can take that part when we see opportunities to sell. the investment needed for patience and your trade must also be prepared for the risks. one more do not easily panic when the price drops, you must really monitor the movement of the price of your coins.
By taking and observing a moving market, then at that time, there is an opportunity to be able to throw away the coins that we have. Considering all efforts and seeing the green market, we can take steps and need not to hesitate to make a profit.
The decision to sell coins is made individually, you need to understand what kind of profit you want to make so that later it does not hurt, most likely, sale in parts.
As for me, you need to sell then when you see that you have already raised your capital a little. Then you can sell it, but you don’t need to wait long and you shouldn’t hurry to sell. You need to choose a middle ground and your intuition will help you in this.
When our investment starts to move well and we feel that it is enough for profit then we can throw it away, this makes us not greedy but makes good opportunities for us. Avoiding greed and fear is a good result for us to do, the market provides that opportunity for us to use.
Having this mentality will give you small but decent profits from your trade activities, this two emotions needs to be played well, if you can resist both fears and greed your position in any entry or exit plan will be executed properly, take some time to figure out what will be the best practice in order tohave the best outcome.
When our investment starts to move well and we feel that it is enough for profit then we can throw it away, this makes us not greedy but makes good opportunities for us. Avoiding greed and fear is a good result for us to do, the market provides that opportunity for us to use.
Selling is always depend on the movement or maybe the volume of the coin. I beleive that selling in a low price is a loss, so selling is always on a high price, but i believe that it is also depend on the volume of the coin because we dont even know about the coin status if it will fall or rise up high so i think we also need to see the volume.
if we can analyze it well, of course we can sell before the hilltop is formed. but it is indeed not easy, it needs a good analysis of long trading experience, enjoying the process is the best way 
Selling is always depend on the movement or maybe the volume of the coin. I beleive that selling in a low price is a loss, so selling is always on a high price, but i believe that it is also depend on the volume of the coin because we dont even know about the coin status if it will fall or rise up high so i think we also need to see the volume.
I guess knowing "when" is not only the factor to execute a good and absolute decision to consider while selling off your crypto currency. Another way is to classify the best crypto exchange and trading platform to choose where it has the best price. And this category fall of to "where" we should sell. Just my opinion as a trader.
Not only do you feel a little confused when the price changes below the target after trying to buy a token when it has a good price.!!
the main key change our strategy and start changing with a new token and only the old token that has made too much loss..
the main key change our strategy and start changing with a new token and only the old token that has made too much loss..
Jump to: