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Topic: When do you know its time to sell your altcoins? - page 16. (Read 8137 times)

member
Activity: 296
Merit: 10
Trends from analyzing will answer for this question in the best way. I suppose that altcoins are very nice for selling as a doing for the future that will encourage market's increasing.
sr. member
Activity: 588
Merit: 251
The best time to sell your altcoins or any other crypto coin is the time when you see the market turning into green and that you are having your desired amount of profit by selling them. Do not make any such decision which can then result in loss of money or unsatisfactory results.
jr. member
Activity: 238
Merit: 1
I have a simple formula to buy at a lower cost and wait until the price rises, and then sell. in principle, it is not so difficult at first glance, but it is a whole science.
member
Activity: 434
Merit: 13
When I buy it at a low price and it raises to 500%, I think I will sell it.
Depending, if the price doesn't reach 500%, of course you don't want to sell it, surely you will save it, waiting for the price to reach the highest sales value.
newbie
Activity: 196
Merit: 0
I usually wait when the market stabilizes and the price starts to rise.  And if the price is higher than the ICO price by 3-5 times, then I immediately sell the coins.
member
Activity: 448
Merit: 12
I sell the coins when they brought me a profit. In addition, sometimes I have to sell coins at a loss if I understand that the crypto currency market is becoming dangerous.
If you sell coins today, then this will definitely be lost to you. Proceeding from this, you should leave the coins alone for long-term storage, since it is better to have something in the future than nothing today.
hero member
Activity: 1204
Merit: 518
I sell the coins when they brought me a profit. In addition, sometimes I have to sell coins at a loss if I understand that the crypto currency market is becoming dangerous.
newbie
Activity: 153
Merit: 0
Each individual for himself individually determines when he sells an asset.

Yes, everyone certainly has different ways and strategies. The results of market analysis for each individual will vary, so they will realize a good time to buy or sell. At the moment I think it's not a good time to sell, waiting for the market to recover with patience is a better choice.
member
Activity: 504
Merit: 10
ONe Social Network.
I will probably be selling most of the altcoins I own just because I am trying to get into daily trading slowly day by day, and selling my altcoins would help me recover some capital to invest again, however I don't want to sell the right now because the market is too low.
newbie
Activity: 67
Merit: 0
Why not wait and be patient till the green market come, it's already near, don't rush to sell your altcoin now, it's not proper, no good income or profit will be earn
member
Activity: 196
Merit: 10
It is not good to sell your coins during the bear market.  You should have a specific target for selling your coins and when it reaches that, you can sell it
member
Activity: 490
Merit: 10
Each individual for himself individually determines when he sells an asset.
member
Activity: 227
Merit: 12
⚫●● Ky-Ky ●●⚫
I'm quite a patient person, so when it comes to my coins having low value, I tend to just ignore it and work for more coins. Although, I still check it's value weekly, and whenever I see even the slightest increase in it's price, I'd grab that opportunity and sell the coins that I intend to sell. I think it's actually better than getting nothing at all.
The key is not to sell at a loss. When you are sure you're making profit and won't regret selling the coin in a week or two or a month or two, then sell. It's my rule too. You can’t earn all the money in the world.
member
Activity: 392
Merit: 10
I think the right time to sell a altcoin is when it has reach your desire level of gain and you are at least making some gain out of it and not at lost
You're right, that’s the simplest rule. But usually people think that they can make even more money than expected initially, and that's where problems start: they hold and lose, or trade and lose, and the market is not behaving the way we want.
member
Activity: 392
Merit: 10
I don't think there is a particular formula to sell your coins. You just have to consider the market conditions if selling them will favor you and fetch you some profit.
Normal trading rules and algorithms do not apply here, IMHO. I think we need to have a different kind of brain and lower our expectations of what's going on in this market.
full member
Activity: 585
Merit: 100
I am looking to sell my altcoin over the past few months. I want to get back the capital. But the electronics market is dropping sharply. No one is bold to invest in debt. They do not know when the market will recover.
newbie
Activity: 65
Merit: 0
If I invest for a short term then I usually sell coins when the profit is more than 25-30%.  If I invest in ICO and the price of the coin is now higher in the market than the price of the ICO, then I immediately sell the coins.
jr. member
Activity: 140
Merit: 1
I sell the altcoin money by observing its increase. If the altcoin I hold does not reach the profit point I want, then I will not sell them, even if they die!
newbie
Activity: 84
Merit: 0
To know if it is time to sell your altcioins, you will need to be following any alternate coin you possess and follow their telegram channel to know whether they are listed in an exchange or not. If they are listed on exchange ensure you follow it on the exchange. When ever there is a sign of green or increase in the price or the price is higher than the purchase price, that is the time to sell
member
Activity: 168
Merit: 10
I think the right time to sell a altcoin is when it has reach your desire level of gain and you are at least making some gain out of it and not at lost
I agree. It doesn't make sense to panic sell when the price isn't right for you to make a profit. I hold good coins and trade in cheaper ones for profit. It's had to tell when to sell but with practice you can do it.
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