Selling strategy - page 3. | Bitcointalksearch.org

CryptoMobster

member

Activity: 137

Merit: 16

Educator | Trader | YouTuber

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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?

Best way is to move with the trend. Pick your assets and be in them when they go up and move out when they are going down. Profit should be when you are completely happy that you have reached that assets full potential, or if you are happy taking money out as profit to invest in other assets to achieve the same goal.

For example, check out this with Ethereum.

Use the daily timeframe, EMA 34 (YELLOW) is usually pretty good. When the asset is above (it acts as support) if below (it acts as resistance)

You have huge periods of accumulation and huge periods of growth in value. (Accumulation is moving into a stable currency and rebuying back lower = more ETH)

samuraijin

sr. member

Activity: 1834

Merit: 261

20BET - Premium Casino & Sportsbook

I think it's difficult to reduce the level of risk, we know a lot of risks in every trade, I just follow a trend where I have to buy and sell, usually from what I see on YouTube, I learn trends from the MACD indicator, I think you might be looking for a lot sales strategy out there

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Selling is an art in itself, and I believe it depends on the person. God knows I really tried to learn day/swing trading, but I always end up losing. I had to do it some other way.

Now, I buy the dip and HODL. Selling strategy, 6 digits. Cool

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Perfect Selig strategy would be learning all coin's moves from the most beginning and set a price target for our investment. Let's call it exit point, the number which will satisfy your needs and will not be impossible to achieve.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: TobiasVR on June 20, 2019, 11:23:47 AM

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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 a good sales strategy is when we get a price up 30% above the purchase price. because we can make it with 30% as a substitute for time and all things related to profit. it is a percentage of the minimum profit in sales.

Maybe at 30% could be sustainable if you go for faster returns of investments, but if the strategy is to expect more gains I do prefer much higher and wait until such time it could take further towards 100% increase. For now it might be not possible yet, but somehow if you do have lots of patience, someday it can be achievable if stay strong and motivated.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Quote from: Pursuer on June 20, 2019, 09:31:32 AM

the choice of the "number" you sell at is also hard too. this is where lack of greed can help a lot. greedy people keep waiting for more profit no matter how much profit they are in. but someone who is putting his greed aside can make better decisions. take a certain % profit and be satisfied with that.

That sounds like me, I hodled through the last ATH, even though I started entering Bitcoin at $450, and even to this day I hodl because I want to sell at the top, but I want to be less greedy from now on and sell continuously. So, after reading your post I've decided that I will begin selling after the chart will start going parabolic after a good amount of time inside the bull market, and I'll be checking technical indicators that can signal that Bitcoin is significantly overbought, like those rainbow charts.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

You just Sell thesame way you Buy as a day trader. that is, buy all the important dips and sell all the important highs. ATH doesn't matter much in this case. Profitable highs are what is important.

zhekinsp

full member

Activity: 882

Merit: 126

★777Coin.com★ Fun BTC Casino!

The selling strategies is to be properly known by every trader that is the first and foremost thing needed for every trader to get success in their trading time but most of the people had no strategy about buying and selling without going any e strategy is not been successful in all the time.

TobiasVR

sr. member

Activity: 626

Merit: 251

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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 a good sales strategy is when we get a price up 30% above the purchase price. because we can make it with 30% as a substitute for time and all things related to profit. it is a percentage of the minimum profit in sales.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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?

In simple terms, you can't time the market

Which basically means you should not be so much pursuing all time highs but rather your required profit numbers. You can just set a certain percentage of gained profits after which you start selling. But that doesn't mean that you should sell all your stash at once as you can't time the market (it's definitely worth repeating). In this way, you can come as close to an ATH as possible and still have something to sell if the price beats all your expectations

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Selling part of trading is crucial and it should be planned very well too. Aiming for a high profits before selling is dangerous because your target price maybe too high and before you know it, price starts to go down and you ended up holding a bag of coin with a price that will take 2 to 3 weeks to reach.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Normally, people do not care about the selling part because there is two type of selling compared to millions of ways of buying. If you buy from the right price then there is no way you can lose money, you may profit less or you may profit more but as long as you buy from the bottom there is no losing in this scenario. However selling is just two type, you either sell when it goes down and make a loss which nobody supports but in itself it evolves into two types where you either sell and make a loss but buy even lower and drop the average down or you just sell and leave which is the worst one.

The other one is selling during profit era, you bought cheap, now bitcoin is up and you are considering selling, well there is no wrong there, you can sell whenever you want, you can sell now or later or whatever and the result will be same= profit.

Joyawan13

full member

Activity: 910

Merit: 100

elysian.finance

Quote from: Indamuck on June 20, 2019, 09:43:47 AM

You can never predict the all time high so don't beat yourself about it when you continue to hold as the price drops. All depends on your risk tolerance I guess. It can be a high mental barrier to sell something you have been holding for many years.

yes, indeed we will not be able to predict what the highest price is and when it will happen, buy and sell hold back for the next few years it depends on each of us, everyone must have different desires, some want to invest in the term short and some want to invest in the long term, so to sell or buy, of course, everyone has a different time and method.

Indamuck

hero member

Activity: 1120

Merit: 554

You can never predict the all time high so don't beat yourself about it when you continue to hold as the price drops. All depends on your risk tolerance I guess. It can be a high mental barrier to sell something you have been holding for many years.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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

the least risky strategy to sell in order to maximize the profit is to sell inside bubbles, the bigger the bubble the lower the risk. for example the bubble of 2 years ago at $20k was the excellent time to sell. the problem is in detecting the bubbles.

it is hard but there are many indicators for them. the obvious one is the fast rise in the shortest amount of time. if you look at the 2017 bubble, the rise from $10k to $20k took less than a month. and a 100% rise in such a short time after a whole year of bull runs is a guaranteed bubble. the "after" part is important because there are other times that we have nearly the same rise (like this year) but since it is not after any bull run and it is instead after a huge bear market and a gigantic drop, the 100%+ rise is considered small!

the choice of the "number" you sell at is also hard too. this is where lack of greed can help a lot. greedy people keep waiting for more profit no matter how much profit they are in. but someone who is putting his greed aside can make better decisions. take a certain % profit and be satisfied with that.

also just like buying, selling doesn't have to be a one time thing with all the coins in one order pressing the big red button saying "dump". it can be incremental too.

Jamjamz30

member

Activity: 332

Merit: 12

You can take the risk of selling when the price of bitcoin reach all time high, but the down side of it, is that you need to acquire bitcoin again due to the fact that it'll rise further. So, you're set to buy again at a price that is only slightly lower than the selling price which might not happen since the price is going up. Thus, what is the point of selling them. Why not hold them.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

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

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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?

minimizing risk depends on your preference---minimizing fiat losses vs coin losses. erring on the side of caution to preserve fiat capital often means losing coins. personally, i'm more worried about losing coins.

it's impossible to know where the top of the bubble will be. from my perspective, the best you can do is take some profit off the table (i never sell everything) during the bubble, knowing that there will probably always be a painful bear market that follows. it seems sensible to start setting some sells at 5x-10x the previous ATH and going from there......

mersal

member

Activity: 1204

Merit: 38

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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?

Mostly we need luck to sell at the most possible all time high but my strategy it to sell after a huge bump on the price but many times the prices will bump even more after I sold it but still get satisfied with what I made and that is important think for a trader as well.

leonix007

sr. member

Activity: 1008

Merit: 297

Grow with community

Quote from: hatshepsut93 on June 20, 2019, 12:34:56 AM

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?

Its inevitable that when you do trade, selling is another significant part

What I usually do is check on Technicals, one I mostly use is RSI

when it losses strength I go sell

Topic: Selling strategy - page 3. (Read 805 times)