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Topic: Selling strategy (Read 805 times)

hero member
Activity: 1932
Merit: 504
June 29, 2019, 04:38:16 AM
#61
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
For me as long i already get profit, i will grate it. Because if we already profit but still think about "ahh just if i sell it higher, i must be get more profit" will make us stress too. Trading with profit and loss if make us stressed, then it is not healthy.
hero member
Activity: 1542
Merit: 545
June 29, 2019, 04:23:26 AM
#60
The possibility to guess the top of the bubble is extremely low because the market is too manipulated. But RSI on a weekly chart is one of the best indicators, a record high RSI is food for thought.

full member
Activity: 1638
Merit: 122
June 29, 2019, 03:43:10 AM
#59
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
I think it is hard to tell when the market has reached Its ATH. You just need to have in mind what you already want, how much you want to achieve and when it reaches that amount you should be ready to sell. But you can still hold on and be watching which direction the market is going next after you have reached your plan. If the market continues to go up then keep on watching it and do not sell your coins yet till the market starts to fall back, you can then sell and wait for another good time to start your investment again.
Many of us often do not set goal for our investment because we all want to take the highest value of the ATH, but I think it will be easier to know the ATH now, unlike before. Like you rightly said, I think the easiest way to know that the ATH has ended is if the price of bitcoin start dropping drastically, though we will lose some value of the ATH, but we can still gain enough if we quickly sell before the market goes down completely.

For this increase, I am suspecting this would not be the one that will lead us to the ATH yet, I think we will still have some sort of correction back to $10k, but that should not make anyone to panic sell now, there is no way the market will continue to grow with correction, although the lowest I think we can see for correction before the continue surge is $7k, but we must at least touch $10k in one of these days before continuing on the  surge journey.
do you know what ath means ? ath means all time high and the last ath that we experience was way back on the year 2017 where bitcoins value reach 18kusd and above  . after the year 2017 , there are no ath reported yet up until now because the value is on playing at 8kusd and above  . anyway , back on the topic .  i believe that we all have a selling strategy and my own strategy when it comes to selling goes like this , i will sell my btc as soon as i need the money and i dont usually wait a longer time , same thing happens on my other coins but all of them dont recover yet  , i cant even sell them at above 10 usd .
legendary
Activity: 3318
Merit: 1128
June 29, 2019, 03:34:24 AM
#58
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
I think it is hard to tell when the market has reached Its ATH. You just need to have in mind what you already want, how much you want to achieve and when it reaches that amount you should be ready to sell. But you can still hold on and be watching which direction the market is going next after you have reached your plan. If the market continues to go up then keep on watching it and do not sell your coins yet till the market starts to fall back, you can then sell and wait for another good time to start your investment again.
Many of us often do not set goal for our investment because we all want to take the highest value of the ATH, but I think it will be easier to know the ATH now, unlike before. Like you rightly said, I think the easiest way to know that the ATH has ended is if the price of bitcoin start dropping drastically, though we will lose some value of the ATH, but we can still gain enough if we quickly sell before the market goes down completely.

For this increase, I am suspecting this would not be the one that will lead us to the ATH yet, I think we will still have some sort of correction back to $10k, but that should not make anyone to panic sell now, there is no way the market will continue to grow with correction, although the lowest I think we can see for correction before the continue surge is $7k, but we must at least touch $10k in one of these days before continuing on the  surge journey.
legendary
Activity: 3122
Merit: 1398
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June 26, 2019, 10:41:39 PM
#57

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?

You should not expect to get a maximum profit as possible on thinking when to sell. No one knows what will happen next.

As long as you seem that profit is now good or does make sense to sell or anticipate that somehow a dip will happen soon based on their deep research and analysis, then I don't see any wrong on selling on the specific point.

Same goes for buying on dips.
hero member
Activity: 3010
Merit: 629
June 26, 2019, 09:58:12 PM
#56
We cant certainly know if the price already reach the top, therefore its better to set a target price to sell rather than guessing if the price is already the ath.

My strategy is I take profit at times as long as the value of the coin is beyond of how much I bought it.

Then will monitor the market and hold what's left.

member
Activity: 378
Merit: 11
June 26, 2019, 06:34:59 PM
#55
I depend on my target value most of the times when I will put specific percentage of profit before buying a coins or tokens so it mean I don’t really rely on the ATH thing because for me the more you desired higher profit is the higher the risk put on it also,so in some occasions people become greedy also by expecting higher income

So for us to have enough but winnable strategy,then put the selling target the moment you decide to buy
Many scenarios have like that. Due to the greediness, we tend to wait for a price hike. The tendency, when it does not reach, we make a stop loss. I am also a victim of my own greediness. I put some bitcoin before and I expected for it to rise up. Yes, it arose and I thought I will become profitable once I wait more. But the reversal came unexpectedly. I end losing my capital.
full member
Activity: 952
Merit: 104
June 26, 2019, 05:55:40 PM
#54
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?



Selling crypto asset is depends on the holders want to get percentage profits, but most of the holders want to sell their coins at 10 to 15 percent price increase to make sure minimize the irsk of their investment.
Waiting for all the high before swlling coin is very nice strategy but need to extend patience to achieve the goal.
hero member
Activity: 2814
Merit: 576
June 26, 2019, 05:29:13 PM
#53
If you base in the past 2017 when btc go high that no one imagine it then i think the situation is like that now so this is really high then we this is drop also after that so better to not do buy or risk in this because of the high price and wait until this drop again but market is unpredictable so btc can still grow and for me buy alts if this is very cheap like eth,xrp,bch now,Moreover atleast buy 4x with gap and with btc,alts that you use for investment example if btc drops 20% then buy and if this back when you buy then sell it then in alts too
Definitely, unexpected to see its huge growth in few days cause we are thinking for its slow pumps as it is started to be like that but it gives surprise.
People are wondering why and asking the cause of its pump but we are just get puzzled which one.But we are now of what we want to happen in the market, and maybe we should hope for another ATH this time again unlike last year 2018.
full member
Activity: 602
Merit: 111
June 26, 2019, 04:16:53 PM
#52
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
I am not a frequent trailer so I started it simple when I invested in a currency I will hold it for a month after that many days in any value I will send it and use my expenses after I meant by investment again.
member
Activity: 599
Merit: 10
June 26, 2019, 02:13:21 PM
#51
I think that every trader placing orders for the sale of their coins Yes, he himself set the task in a certain price framework.  you can’t want what you can’t do to analyze price fluctuations on your coin.  Or there will be a tough position regarding the price for sale or you just want to get rid of some coins.
hero member
Activity: 2730
Merit: 632
June 26, 2019, 01:34:53 PM
#50
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
I think it is hard to tell when the market has reached Its ATH. You just need to have in mind what you already want, how much you want to achieve and when it reaches that amount you should be ready to sell. But you can still hold on and be watching which direction the market is going next after you have reached your plan. If the market continues to go up then keep on watching it and do not sell your coins yet till the market starts to fall back, you can then sell and wait for another good time to start your investment again.
Plans or goals would really be simultaneously be changed depending on the current situation you are seeing on unless if you are a type of
person who do have fixed up mind where hitting up the target you would definitely sell no matter what but well we do have our own choices
and as long we do profit it doesn't matter.
newbie
Activity: 9
Merit: 0
June 26, 2019, 11:42:29 AM
#49
Selling,that big thing which makes all of us happy when we sell above the price we have bought and that is how trading started in ancient times.
Coming back to our times you can do this,use programs for technical analysis, you need to analyze trends at different time-frames. Look at the 4-hour chart, then look at the chart for the day,then a 3-day time frame, and make a complete picture of the current price trend. Then make a decision.A sharp jump in the currency by 40% or more during a day is probably a pump. Higher the pump is, stronger the currency will fall
A good strategy is to buy some at any current level and then wait, if dip buy again if pump sell your bitcoins.
Another not verified fact is that bitcoin pumps when more people are into mining and now is summer so all school boys from information technology colleges are surely getting into it.
full member
Activity: 815
Merit: 101
June 26, 2019, 10:43:28 AM
#48
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
a good sales strategy when the price is up at a point of at least 20-30% of sales. I think this is the right point now because the strategy has convinced the profit we get from the purchase
full member
Activity: 1162
Merit: 168
June 26, 2019, 06:07:51 AM
#47
People talk about investing in Bitcoin all the time, and by investing they mean buying, but selling is another part of investing, and just as important one. There are many strategies for buying, like buying dips, cost-averaging, buying once in few years and so on - but what about selling?

What's a good selling strategy that maximizes profits and minimizes risks? How to sell as close to ATH as possible?
I think it is hard to tell when the market has reached Its ATH. You just need to have in mind what you already want, how much you want to achieve and when it reaches that amount you should be ready to sell. But you can still hold on and be watching which direction the market is going next after you have reached your plan. If the market continues to go up then keep on watching it and do not sell your coins yet till the market starts to fall back, you can then sell and wait for another good time to start your investment again.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 23, 2019, 01:19:03 AM
#46
There is no strategy for sell expect one. That's depend on you and your demand. How much profits you need you could sell on that price. We don't know what will be ATH, so you need market research. That's your fund, so loss and profits both you have to bear. No one responsible for that. So my suggestion is, if you don't want to hold long then sell on good profit what appropriate for you.
to plan it we must have an analysis beforehand, so we know what rewards we will get. thus the good time to sell is discipline towards that analysis. with discipline towards analysis, it will certainly sharpen our next analysis

member
Activity: 630
Merit: 20
June 23, 2019, 12:55:28 AM
#45
Set a target profit. If it reached your gosl profit then sell it. But if you are to know when is the right time to sell btc and other coins, consider to learn some technical analysis or some indicators. The easy and basic indicators are macd and rsi. Try to learn some of it.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
June 22, 2019, 12:11:51 PM
#44
There is no strategy for sell expect one. That's depend on you and your demand. How much profits you need you could sell on that price. We don't know what will be ATH, so you need market research. That's your fund, so loss and profits both you have to bear. No one responsible for that. So my suggestion is, if you don't want to hold long then sell on good profit what appropriate for you.
member
Activity: 210
Merit: 13
June 22, 2019, 11:46:49 AM
#43
Parabolic curves are always followed by a sad state of affairs. Look at what happened last time after the $20,000 all time high. The people who were buying below today's price had held onto bitcoin and then they were in bad shape and they still are in bad shape from that. To just allow your bitcoin to sit there doing nothing is an amateur strategy. Look at the whales and what they do: whales buy and sell and move their coins constantly. They do not just sit there doing nothing. They want their money moving around and taking action.
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
June 22, 2019, 10:34:50 AM
#42
I used to use MACD, RSI, CMF, and KJD for short-term trading, but that applies to BTC / USD trading which might minimize risk rather than trading altcoins that are full of speculative. If you choose to trade altcoins I suggest that you determine the monthly term to minimize your risk and be more profitable when the market is in a bullish condition.
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