My investment strategy is investing long term until the coin reach the target price I have set.
OP, I am curious to know how do you determine the ATH to sell your coins?
Topic: What is your strategy for hodling or selling? - page 21. (Read 3385 times)
When it comes to hodling you need to know the perfect time to cash out. Greed will eat out your investments if you still wish that the value of the crypto will still increase. My strategy is, during very good market performance or bullish market I always cash out or convert half of my portfolio into fiat then wait for a huge dip and then purchase some more for a desired target profit. We need to have a goal for our investments so that there will be good results. Be always mindful of the fluctuations of the market and possible loss of value to certain cryptocurrency.
Holding until the market recovers; and buying opportunistically.
My strategy is simply hodling, that's why I choose to invest in coins that I strongly believe in and know that they will give me more value for my money in a near future.
While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.
My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.
What is your system?
This is a good strategy to make money but definitely not a good strategy to grow the bitcoins.But I am also wonders how you will know this is going to be the ATH of your coin before FOMO takes over.My strategy on the crypto currency investment is holding too longer and will sell some once I reached enough profits. My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.
What is your system?
My strategy is to buy and then hold when the market falls, and at a better price I will sell it, it is my way to benefit from price changes in the crypto market.
For all the replies thinking I meant day-trading, that assumption is wrong. Quite the contrary I'm all about holding. I only use ATHs as a somewhat safe indicator for selling. My reason being that no matter how high it goes, there must be a drop. Th drop doesnt necessarily have to be huge, but a drop all the same, and that drop is always going to be lower than the ATH you sold at. So it allows an investor to do the most profitable aspect of investing which is buying low to sell high, or selling high to buy low later on.
Is there a simple way to know if bitcoin is on its all-time high? Can you share some indicator? I know that it will need technical analysis, but a way to start is a great reply.
An ATH is the highest price the coin has ever achieved since its inception. Bitcoin's price is currently about a third of the ATH price which was about $20000 earlier this year. The easiest way is just to check Coinmarketcap for the ATH
like other peoples I also want to hold my coins for long term but in my previous experience I learned that we have to sell our 50% portfolio when you observe that coin is better than ICO price & hold 50% on long term risk, which is normally give you profit only rare cases it’s value goes down.
i am fucked up in the bear season so all i can do is wait and i will wait even if i have to wait forever. i regret not selling on june when i made big profit.
i am fucked up in the bear season so all i can do is wait and i will wait even if i have to wait forever. i regret not selling on june when i made big profit.
You need to weigh the tokens you have.
what are their plans? their future? exchanges?
their project development and everything on their roadmap.
is the token worth to hold?
what are their plans? their future? exchanges?
their project development and everything on their roadmap.
is the token worth to hold?
So do you have a detector to detect when the price of the coin will reach all time high? I think the best way to go about it is buying at dip and selling when the market recovers from a major dip and makes some gain.
in my opinion there is no guarantee that ATL and ATH will occur in the crypto market. for me there is no definite system, everything is just a prediction. the system that I use is sold when I make a profit, and forget when prices fall, hoping that prices will increase soon,
I am definitely holding up, what I mean by that is u have a long term view of the market and at the same time interested in short bargain and margin profit that increase my main holding in the long term.
There were so many strategy when it comes in selling the first is when the bitcoin's value decreases and the altcoins value increases estimate the loss bitcoin value then consider the value of token that you are selling then buy again. That is the common strategy that I am doing everytime bitcoin drops.
The market is experiencing unstable fluctuations, fluctuations are low but increases and decreases irregularities making it unstable. So I have a stupid strategy, I will buy it when it starts to fall lightly and wait for it to rise again. I will sell them because of this time of rising and falling abnormally.
I won’t really say I’m an investor but my strategy is very simple and plain
I sell the huge pumps and buy te dumps
In other words, but the rumour and when the news comes around. Do ensure to sell the news and take in your profit
I sell the huge pumps and buy te dumps
In other words, but the rumour and when the news comes around. Do ensure to sell the news and take in your profit
The problem is you may be thinking an huge pump is over, then you sell, and it goes %100 from there. This happened to many people that sold at around $7500, which was the expect best possible scenario in 2017 by some traders with big followings like Tone Vays. Needless to say these people now hate themselves since they missed the peak to $20k.
Of course this is all very difficult to time. You just can't know where the limit of a bubble is, it is a gamble, so I don't see why you necessarily have to sell, just sit through it, and you will also save a ton fo tax-related headaches.
If with Bitcoin timing peaks is a bubble, imagine with altcoins, it is a total casino. So stick to Bitcoin and buy the dips. Even if it goes lower that where you buy at, you know you will not be holding a deprecating bag, contrary to what happens with 99% of altcoins.
I sell when I see profitable. The hold to sell the highest price is extremely dangerous and risky. Just as you wait and buy coin at the bottom.
Most of the time when I buy it I don't do anything.
I will choose long-term holding, because I am not good at day trading, so I think long-term holding will bring the best benefits.
I will choose long-term holding, because I am not good at day trading, so I think long-term holding will bring the best benefits.
Jump to: