Topic: Knowing when to sell off your crypto investment - page 9. (Read 17858 times)
Whether you are dayli dealer or ballplayer be hebdomadal, its easy to recognise when to deal is when you get profits, it aloof easy similar that..when you are prehensile and wish create large profits in diminutive age its not a sporting chum, create small profits workaday is great and sufficiency.
The best time to sell is when we have reached our profit target.
We cannot always predict where the top or the bottom is, it is important to be positive and make profit.
We cannot always predict where the top or the bottom is, it is important to be positive and make profit.
Knowing when to sell off your crypto investment or keep holding it is the most tricky thing to know in crypto currency, there is no way to exactly when to sell or not, one can only set profits margin or loss margin to determine what they should do with their investments.
It is hard to make a perfect timing but the resources for analyzing the markets situation can help a bit for this purpose. Investing in the altcoins can give best results for patient investors.
I think that every user of cryptocurrency is sure that altcoin will give a good profit during long-term storage. But today the main task is to find out which altcoins will survive and which will not. With the current state of the cryptocurrency market, many coins may lose their relevance.Therefore, if we consider the success of an investment in the final price in relation to Bitcoin or to the dollar, then there are many projects that have successfully entered the market. As for outsiders, everything is clear here, you need to get rid of these shitcoins as quickly as possible
It is hard to make a perfect timing but the resources for analyzing the markets situation can help a bit for this purpose. Investing in the altcoins can give best results for patient investors.
I think that every user of cryptocurrency is sure that altcoin will give a good profit during long-term storage. But today the main task is to find out which altcoins will survive and which will not. With the current state of the cryptocurrency market, many coins may lose their relevance.
You're welcome to the forum mate. I feel there is no certain time you know it's time to sell off your investment because I believe you can never have maximum profit trading Crypto, the time you feel the price is high and decide to sell, after selling the price might soar high and you'll be like I wish I hold a bit longer so you just have to always be on the market to know when your target profit is reached
At whatever point you put resources into a coin or stock, you should be clear with your go out on a limb hunger for example SL. Losing 92% speculation is certifiably not an astute choice, you ought to have put an exacting line underneath far which you just couldn't go for broke. In spite of the fact that its extreme to pursue such standards as at some point showcase turn around after an adjustment making speculator genuinely discouraged. In the event that exacting guidelines are pursued its not difficult to win the market. I have acknowledged it commonly yet at the same time not ready to tail it. Continuously make an a speculation plan before contributing. Expectation it makes a difference.
everyone should have his own clear strategy for him alone, and he should know when, and in which case he will sell an asset or part of an asset, and when he will buy more.
the better age to move away of the commerce is when you get prepared a profits from the commerce you are behavior, you buoy deal at the age of the send to create a profits, when the currency that you get up begin ablating and does not get the possible to move ahead backbone incrase so you have to abbreviate releases with instantly deal it, every commerce has a danger so we have to be capable to figure the equitable design to purchase and deal money
You don't know now and you will never know. The perfect time usually lasts for hours sometimes for days in a bull market lasting for months.
If I told you that I will run 10 km straight starting now and you have to pick the exact moment of me passing 8th km without knowing my speed and endurance would you be able to do it? Finding a perfect moment to sell is just as difficult.
If I told you that I will run 10 km straight starting now and you have to pick the exact moment of me passing 8th km without knowing my speed and endurance would you be able to do it? Finding a perfect moment to sell is just as difficult.
indeed in the world of cryptocurrency trading, the only way to be able to make a profit must be to control the patience we have, because the rising and falling price of cryptocurrency has an unstable exchange price forcing you to know the best moment to buy and sell cryptocurrency, I sell more often when the price is 50% of the price I bought.
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 sell your Altcoins when you find it profitable and remember that greed can kill you if you want huge profits. I don't dare to risk because I often invest when the market drops and buys and sells. another way I accept to sell all to cut loss and match the current situation. you should have a short-term strategy with altcoins and long-term with bitcoin so that you can have methodically as well as control of your Altcoins. 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 can sell your crypto investment anytime you want. You certainly have to sell your crypto currency investment when you really need the money. But I only suggest that you should sell your crypto currency investment when you have made a profit. If you have made a profit according to your expectations and your business has been paid then you can sell your crypto currency and replace it for another investment. I suggest that you might be able to sell your crypto currency investment but I do not recommend that you leave the crypto currency investment because one day this crypto currency can be very potential. Crypto currency technology is so extraordinary in contributing to the development of the era.
timing the markets is nearly impossible. it all depends on what your strategy is, are you a swing trader or a hodler ? personally i have missed out on crazy gains by not hodling...but i also got rekt for hodling during the bear market. go figure 
Perfect timing is needed if you want to sell your cryptocurrency investments but if you think the current price of your investment can satisfy you and if you think its good then you can sell it but if not you need to hold and wait for good price.But this time you need to hold and wait for the better situation of the market and you will make profits on your investment for sure.
As a rule, I never sell off all my coins, I always have the mind set that the coins are going to do well in the long run, and as such, I keep some portion, trade some and sell some in other to take some profit. Although holding coins till a very good sell or holding for a very long time is dependent on the reputation of the project developers and how active they are and taking profit is equally key.
Now the cryptocurrency market is really built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin. It seems to me that this is not a very convenient version of the cryptocurrency market. He turns us into greedy speculators who do not care about the project itself, for which the coin itself was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.
It is hard to make a perfect timing but the resources for analyzing the markets situation can help a bit for this purpose. Investing in the altcoins can give best results for patient investors.
I think that every user of cryptocurrency is sure that altcoin will give a good profit during long-term storage. But today the main task is to find out which altcoins will survive and which will not. With the current state of the cryptocurrency market, many coins may lose their relevance.It is hard to make a perfect timing but the resources for analyzing the markets situation can help a bit for this purpose. Investing in the altcoins can give best results for patient investors.
Indeed, patience is that that can bring out huge profits from altcoins investment. Many investors who complained of altcoin not be reliable or profitable; is as a result of these investors not be patient with their investments in altcoins. Even in Bitcoin, long-term investment still profitable than that of the short term. Let your investment in altcoins be something of 3-5 years before you can have a reasonable profit.
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.
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