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Topic: Knowing when to sell off your crypto investment - page 21. (Read 17884 times)

member
Activity: 812
Merit: 10
https://hovr.site/
Most people miss the point of selling and accumulation but the truth is you buy when this are low and when they get high simply sell but set a certain target to avoid loss and also the amount you take on higher gains
full member
Activity: 448
Merit: 108
I think for the trader the optimal losses will be 10% of the purchase price. Then he needs to analyze the price movement and enter into the transaction again.
full member
Activity: 476
Merit: 100
This is the most important rule, because holding long term does not bring as much profit as before. Before investing in a coin, you should decide for what price you are going to buy this coin and for what price to sell it.
That’s why I never mind holding because I know it is all about my own profit and lose to decide correctly when to buy and when to sell, so according to my own thinking some people likes taking risk and chooses short time investment but I like long term route to get safe profit, because holding means we are sure about the growth of our investment, so that’s why now is time to hold and I am holding.
hero member
Activity: 1190
Merit: 541
Welcome to forum and I wish you for your first thread. Please explore more here what crypto investors are thinking and market movement here with the help of bitcointalk users. I will suggest you to hold the bitcoin for long term. Now we may find little bump in the market from the past one week.

That should be keep bump and reach the market value in 10k USD. If the value cross that value then you can make money with the investment you do now.
The best part of this question points at the time when you think it is boom in the market. If you are able to recognize that time, and you still have your coins, you should sell the coins.

This is what gives you the maximum output and this is what as an investor you seek. But yeah, as you raised the question, when to sell ? Not all people in crypto knows when to sell so it need you to research more and more about the market and set a limit that when you reach should withdraw.
legendary
Activity: 2982
Merit: 1028
This is the most important rule, because holding long term does not bring as much profit as before. Before investing in a coin, you should decide for what price you are going to buy this coin and for what price to sell it.
Setting your plan and make sure to stick with it will give you a much decent position coming from this market, it's different now indeed as more traders
are dealing more for shorting the market and take every opportunities, you can do the hold you really desire to keep your coin inside your wallet and
take some years of waiting, if you are working with the current trend its good to look for your buy and sell entry.
member
Activity: 490
Merit: 10
This is the most important rule, because holding long term does not bring as much profit as before. Before investing in a coin, you should decide for what price you are going to buy this coin and for what price to sell it.
member
Activity: 784
Merit: 21
It determines because it has to be from your mind ,every holders must have a determined price so if bullrun makes a comeback you can sell when your target is met ,do not be greedy because I have friends that refused to sell there coins in 2017 till bullrun vanished into thin air ,they are now regretting
member
Activity: 509
Merit: 10
Now the cryptocurrency market is very hot. And it's silly to leave him at the most crucial moment. Because I think that you always need to weigh everything before doing something.
hero member
Activity: 1470
Merit: 655
When the market becomes very hot. Some are unreasonable, everyone becomes very greedy, and at that time it is necessary to change the market, and if possible, consider selling. This is all experience. Need to experience and learn by yourself.

when it comes to investment there is no room for emotions and bag holding. they are meaningless unless you plan to lose money intentionally. otherwise you shouldn't attempt investing.
and when it comes to altcoins which are mostly pump and dumps bag holding something is even a bigger mistake because you know the dump is going to happen.
member
Activity: 845
Merit: 52
I usually will take off my initial capital investment when the price spikes, after the pump, the market much definitely experience some correction which is normal in this type of market. Some investors will never take profit, they will FOMO and think it's going to instantly make them forget their hard days, which is possible in few cases. In another case, once am in -5% loss, I will just sell off for new coins, because no one can tell when the team will report some technical defaults. It's good to invest in good projects too and trade them.
legendary
Activity: 3416
Merit: 1225
Quote
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'm not an expert just an enthusiast holder, it's all in the character, the best time to get out of the trade is when you think, you already gained profit or must stop because of the market condition, about loss, of course, you do not want to invest your savings here and if you think you are about to do that then have the power to quit.
full member
Activity: 798
Merit: 101
When the market becomes very hot. Some are unreasonable, everyone becomes very greedy, and at that time it is necessary to change the market, and if possible, consider selling. This is all experience. Need to experience and learn by yourself.
full member
Activity: 854
Merit: 100
If theres some country banned cryptocurrency or any bad news like etf got rejected i will straight to sell all of my investment and i will wait like 2 days then try to buy back again in the cheap price.
hero member
Activity: 1414
Merit: 516
I also didn't know when to sell my investments last year when bull run was, i lost a lot of money, but now i will not do more this kind of mistakes, and i will sell if a new bull run come and i will make profit.
full member
Activity: 602
Merit: 100
It's very difficult to catch the right moment to sell a coin, expecially in this period...crypto world has too much volatility and is very uncertain..personally I'm holding 90% of coins I bought, I regret to not have sold many tokens gained from bounty campaigns before but now it's really too late. On the other side, I'm happy to hold major coins like Bitcoin Ethereum Neo Cardano etc.. because I believe in crypto foture and I think that these coins will rise again more than before.
sr. member
Activity: 1050
Merit: 254
Well, what's in a hurry. Now the market goes to the top and I think everyone has already bought and are waiting for the jump. Good luck to everyone on this bull.  Smiley
Uh i think otherwise. It's time to sell my crypto invesment because i already got a huge profit only from 1 day, but i'm not sure is the increase will stay longer or even go up more or it will go down again? I prefer play safe and i just sell 50% of my coins and keep it the rest.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
Well, what's in a hurry. Now the market goes to the top and I think everyone has already bought and are waiting for the jump. Good luck to everyone on this bull.  Smiley
legendary
Activity: 1059
Merit: 1016
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?.


Welcome to the forum. It is almost impossible to find the perfect time.
buy and also sales must carry out at the best staggeredly. and not let rush. it comes again and again a good possibility Smiley
hero member
Activity: 1274
Merit: 516
This is a hard question to answer and its hard to predict whether the coin will have the potential to go up again or not, some of the point that need to be highlighted maybe is the developers team, when the team seems lazy to promote or tge developers are inactive it could be the sign to let go of the coin, sometimes you need to depend on the chart to predict whether the coin will go up or not
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
I will not be pessimistic and run away from cryptocurrency trading, there are many things I have to learn especially the nature of cryptocurrency. If someone has decided to trade or invest in crypto, of course they must be prepared with all the risks involved. Well, why should you leave? Is it because of high losses? That's not an excuse, because in my opinion the future of the cryptocurrency will be bright as time goes on and also technology. Cool
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