what profit do you need to close the long position? - page 4.

supine

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

I think a hundred percent will do. I am a person who doesn't aim for too much because I believe that being greedy sometimes result in losses. However, if we're working hard to achieve what we want here, we would still be able to earn our target goal.

Kimi80

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I am on the same page here with you. 300% growth is some minimum, something between 700% and 800% would be ideal for closing the position in long-term holding conditions. Even if that kinda growth could happened in the future or it's just fairytale of mine, it's my projected goal.

OrangeSeller

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

Lol, man 400% is too much, 100% is even okay for me. Well, it all depends on how much I invest, if I invest a huge amount of money, 100% to 200% profit of the money I invested is really okay for me. But when I invest a little money I do seek for more profit .so it’s all about how much I’m going in with, but that doesn’t mean I wouldn’t cut loss when I’m supposed to.
I usually do not look for fixed profits but I look for trend changes. Because, I am ready to book even 5% of profits rather than waiting in the opposite market trends. Small profit is much better than losses or waiting for big profits.

kalashnikovski

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If I have position to 3 months Ihave expect minimum from 30%. If talking about investments to 5 years than on the cryptocurrency market the minimum income from 300%.

wayancrypto

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Actually is hard to predict the top price of crypto when in the bull market, so if any sign the market will be bull run is better to use stop limit order as trailling stop so whenever the price keep going up we can trailling the stop to lock the profit. Last year many crypto going up to 7 to 10 times just in amonth so this target profit is good when any sign of bull market.

V. J. Meyer

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For a long time, we have more opportunities to sell better pennies, but if we do not hold the patience and wait, then choosing and waiting for profit from the penny is impossible.

richminded

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

It will depend on your goal and target profit. There is no accurate profit in long term holding but we must have a target profit.
I just hold bitcoin and I plan to hold this after 5years and sold it at any price. I don't set any percent of my profit because I want to feel amazing when that times comes. So we all have different approach in terms of holding, just make a realistic goal so you will not be broke is something bad happen on your coins.

nicolas1979

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

That's is big profit and for that number you should have realistic calculation, specially at this moment. For me 200% is the highest profit and I only use with big capital, 3 - 4 months waiting time and replace it with top coin. Sometimes works and sometimes fail, I know the risk and still can accept it ( for now ). I don't know your calculation so I can't give opinion but never forget set your stop loss/ take profit point and never break it.

StephenieDuong

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It depend on how much money you borrow because of the price moving in larger range. This mean, the whales trying to kill margin traders and force their orders to be closed. So careful and trading in margin, take profit anytime you feel the market can crash.

acener

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

As for me, 100% is enough. If there would be a chance for me to gain more then it is just fine but if the chance is just limited I would grab the opportunity to earn right away. Sometimes aiming for too much could cause some losses. I have set a certain goal and I am contented once I have reached that.

BlasterS

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I close long term position when the value or amount of the investments or coins in the market is in the last higher amount that they can achieve to be able successful in this kinds of business and industry.

.Bitcoin.talk.

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

I think its not profit but what are the ways i can buy or use crypto in buying, selling or do any?

Jlimao28

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Quote from: elda34b on July 22, 2018, 07:32:26 AM

Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

That's quite a big number for me. Usually, how much time do you need to reach that profit?

I do believe it's flexible, you should consider market conditions too. In the recent market, I think short-medium term trading is more profitable than long-term holding as long as you can ride with the waves.

Yes! It is a huge number when we are looking for a profit. A target must be achievable and it must hit anytime because if you wll expect a huge profit, it is impossible to happen in this market. But if you are reaching your goal then nothing can stop you.

gabmen

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Well truth is, with bitcoin, i'm not looking much into how much i'll get this year or probably next year. It can go up and have another ath run or it can plunge lower i don't seem to care. I feel like btc a few years from now would have a value that would make waiting that long well worth it.

Aikidoka

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Quote from: Malamok101 on July 23, 2018, 03:19:27 AM

I think the traders can earn a lot of money when they hold a long time but the bitcoin has fallen far too far but bitcoin is so small that since then it has been a bit of a pity that the price of bitcoin has increased.

Of course, the longer you hold, the better you gain. However, as you mentioned, the price is not exciting to be honest. So, I think people should buy now in order to make a good profit in the future. It is not hard to be patient. All you need to do is to be patient because without it, you will rush and sell your coins, and if the price grows, you will regret it. It is just a matter of time until bitcoin rises again. I think the price will increase at the end of this year.

qiwoman2

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I am looking at various positions and time frames for my trading.

1. For scalping, I look at between 2-5% on scalping trades.

2. For short-term positions with a bit more bite anything between 8-25%

3. Medium-term positions size anything between 30-900%

4. For my long term holds it has to be anything between 1000% aka x 10 and away above if possible.

It also depends on the project and fundamentals of the coin or token I am hodling or trading.

Karakas

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very flexible because I am not always in the market, but I try to take advantage of around 10 percent to cover long-term profits, and even then it must always be updated with the latest market prices

ksaw

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It also depends, what do you mean by "long term" If it will be 5 years, maybe 400% is a good goal. But if you mean one month, maybe it will be very hard at current market to achieve it.
So, lets speak clearly with days or months, or years.

hitrawal91

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Quote from: Tory-Tory on July 21, 2018, 01:43:58 AM

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

It depends on what price you are holding your majority of Bitcoins or any other cryptocurrency. I am very lucky that I am holding my Bitcoins at an average price of $3000 and i am already in profit. But a majority of my friends who are still expecting another 200% of a rally to get the breakeven price level and above that, they can start seeing the profits from their investment.

seramania

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I need a minimum profit of 150% to close a long-term position. because now the market conditions are in a drastic decline, so I think a minimum position of 100% is realistic to get profit again.

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