Topic: Knowing when to sell off your crypto investment - page 4. (Read 17884 times)
Because you are newcomer, representing instantly, it's not that easy to explain trading representing the person similar you. On the other hand you strength aloof move it at at one time, whether you are actually dictated to recognise, to study and had a adoration to get advantageous hither. My propose to you is you have to purchase altcoin that are public in the marketplace as its an work representing you to get it and they are each big equivalent of bulk, as well, in whatever of the program change. To deal it, this desire depend on on you. Whether you anticipate you get profits already you buoy deal it anytime or you require to wait many whether you are desiring many profits, something similar that.
Welcome to the club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
all of it is determined from the beginning of his planning when starting an investment. do not forget to determine the time and benefits that will be obtained when doing research before investing. it is important for me to invest in the long term.so the best time to sell is when we make a profit.
we cannot target when we will sell because the market is unpredictable.
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?.
You should decide it on your own but better to wait more, market finally passed bear stage and new it recovers. Later will be bull market and most of the altcoins will rise with market.. 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 club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
all of it is determined from the beginning of his planning when starting an investment. do not forget to determine the time and benefits that will be obtained when doing research before investing. it is important for me to invest in the long term. 
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 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 club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
Greet to the assembly! Aloof create confident to peruse the regulation. Personally, i achieve diminutive commerce representing a patch because the marketplace is not actually great on the other hand i mastery any currencies representing continued designation similar ETH, XRP, TRX and XLM. It's occasionally heavy to recognise when are you loss to deal it on the other hand whenever i move 3x to 5x profits i deal it. Strength be erroneous to any on the other hand that's what i achieve.
Synod basic. Achieve not looking representing responses to much issues. First, everyone has its have design. Second, thither is no exclusive typical solvent representing this matter. Renvesting is just on the other hand not always right.
Usually I allocate two types of coins for myself: 1 - those coins that are for long-term investments (usually I don’t even watch the prices of these coins every day). 2 - those coins that are for trade (these coins need to be monitored every day). The most important thing to guess when to enter the market. Then you will not be in a drawdown regardless of which investments are long-term or short-term.
For me depends on trends, like now a bullish market allows you to aim more squeezes on positive incoming news, i always keep track on BTC as it drives most of alts indirectly, the insane volatility makes pump/dumps happen quickly. We know there's no actual TOP that anything would go, still I would prefer to set a target profit layer, stop losses actually to reduce the risks like how 20k downfall slayyed on your hard trades in days.
When the price is higher than the time you buy,
I disagree with your response , your response literally implies it's wrong to sell when price is lower but trading experiences has taught me otherwise.. Aside from my previous experience with DRGN which i have natarated on the post already just recently I experienced something similar with poly and ziliqa.. Both projects kept loosing in sat values and if not for my stop-loss function in place I could have lost half my satoshi value with the dump.. I have come to understand that sometimes you just need to pick yourself up accept minimal level of loss and move on with life..
Hard to determine top price. Sometimes when the price growing up, we think the price already in the top but sometimes that movement continue. Its need trading skill but if we are holding a good coin with good developers team, better hold it and set profits target because greed will make us losses big profits or lead us to losses
If you want to be an investor then it is must important for you to learn how to make profits which is possible through selling and buying at the right time.It will come up with your experience but for that you need to survive longer to get better at,try as long as possible to hold which can give profits without much efforts.
If youre huge money on the line. Panic button is quite easy to press. Of course money isnt that easy to earn and those investors also have fear that they might lose huge money in a short period of time. Cannot blame them, but they are always reminded how volatile this crypto space and one requirement here that you need is patience. Without this, you cant earn big. No guts no glory in the game of trading.
When the price is higher than the time you buy,
I disagree with your response , your response literally implies it's wrong to sell when price is lower but trading experiences has taught me otherwise.. Aside from my previous experience with DRGN which i have natarated on the post already just recently I experienced something similar with poly and ziliqa.. Both projects kept loosing in sat values and if not for my stop-loss function in place I could have lost half my satoshi value with the dump.. I have come to understand that sometimes you just need to pick yourself up accept minimal level of loss and move on with life..
When the price is higher than the time you buy, it can be the right time to sell, but it depends on how much you want profit, and if you want a big profit, then you have to hold on and wait for a higher price.
I think even the most expert trader would agree that it s inevitable to experience loses with trading and also same with some other investment and venture. I mean its a part of the game being a crypto trader and you just really have to condition yourself somehow that despite huge loses there's always hope and chance to regain. We must also be wise and smart with regards to joining an ico, ieo or sto because risks will always be around. Am just glad that as a bounty hunter I don't have to invest with my own pocket and I'm enjoying having tokens from the rewards I am getting from my bounties.
I don't click the panic button. I know there will be a time when the market could turn bad. Well, knowing when to sell depends on the investor. If you think you have made well enough profit from your investment you can sell or take the profit.
at least we must always monitor market conditions and coins that we invest have further price developments or not? because that's one way to find out the right time to sell. Moreover, if we buy at a low price, it will certainly get big profits, but if the coins we invest really have great potential.
This is a very individual question and each approaches it differently. For example, I very often monitor the market and starting from the mood of the market itself, if the trend comes to the top, then I hold if it starts to fall, I sell.
In such conditions you should not sell or hold all your coins because if you sell it when the price starts falling then you should keep holding some coins too because what if the price increase again then you will have something to sell again and make 2x profit. It is especially in the case of Bitcoin because utmost profitability can always be seen it so it ultimately hold us not to sell all our coins instantly but compel us to hold it for better time. 
The most common mistake that many of the newer members make is that they hold their coins for too long. You can hold coins such as BTC, BCH and ETH for long durations. But this is not viable for the smaller altcoins, as there is a real chance that they'll lose their value within 1-2 years. So those who hold them infinitely will lose out in the end.
that's it. each has its own goals for its own strategies. Now the bull trend has started, and who trade more shortly, it can be sold on peaks, and taken on the fall, after 10,000 bitcoin will most likely have a stronger rebound.
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