Let's be honest: practically no one of us involved in cryptocurrency trading is prepared to face the great uncertainty that prevails in this market, so I know countless cases of investors who having managed to amass a significant fortune at the end of the year, were unable to predict the subsequent fall of the market and many of them have lost up to 90% of what they had in December. And I am one of them.
Therefore, this crypto trading is a tough business, for which I have stripped myself of all unjustified hope and proceed to sell any altcoin I have as soon as I am granted at least a 20% profit.
Topic: When do you know its time to sell your altcoins? - page 28. (Read 8153 times)
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
when is the right time to sell my coins? hmmmm, the answer is quite easy, I sell it if it's profitable, if I buy 20 $ then I sell at 30 $, the logic is easy like that I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
If you want to sell your altcoins just do not be greedy, whenever i see that am earning 10 to 15% profit i just sell them. so this is the best strategy according to me
I don't know when its time as i don't have enough time to monitor markets. I am a long-term investor and check my delta app perhaps 1-2 times per month. This is all short term price action for me and happy in the projects I have invested in.
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
The right time to sell your coins it's when the hype is high. So probably the price of the tokens are at it's peak. You should take advantage of it because there will be a day when it's price will have a massive drop. On thing I realized in crypto is, you have don't be greedy and set only a realistic price goal then it's time to sell =) I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
There is no need of stressing yourself on when to know the time to sell your altcoins, the market will speak for itself and you will reason along with it.
I wait when the coins grow twice to get a good profit. I do not see the point of selling coins when the profit is only 15-20%.
For me, there is not any special formula. When the price of selected altcoin rise up to the price that I brought, that is the right time to sell. But if you are looking for target profit then wait untill reach to that value.
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
The best time to sell your altcoins if it has a high price because you will get a huge profit with it if you start to sell your holdings, but if the price of your holdings is low do not sell it because you will regret it if you sell it already. I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
Offering token is dependably a case to case premise. Some are defining objectives when it reach at a specific esteem they offer it immediately. For others, they do it since it is essential they require moment money. As I would like to think everything relies upon fulfillment when you think its enough that is the correct time to offer since that is the thing that fulfilled me.
It helps to have a profit and loss margin.
Trading cryptos isn't particularly like trading currencies.
When you research on a project and identify it's potential, you can back it for the long-term, even if it's currently in a downtrend.
Trading cryptos isn't particularly like trading currencies.
When you research on a project and identify it's potential, you can back it for the long-term, even if it's currently in a downtrend.
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
The best time to sell coins will be when the market is fully recovered and the price will grow significantly. I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
You just have a plan with your coins. Don't sell to early. You must need patience. Don't be greedy there is time for everything. You just hold your altcoin to become profitable.
I know When its come to time to sell my altcoins that time is that bitcoin price will be around 25k dollar and ethereum price will be 2500 dollar. You should buy from this prices that are very low now and you should choose your target price. After that coins hit the target you should sell your coins.
There's no correct way to answer that as it depends on everyone's personal preference. Some people know when to cut their loses and some have balls and the determination to keep holding in the hope that they will once rise again. I personally only have a few coins (Bitcoin, BitcoinCash and Ethereum that I'm a long term holder of. The rest I don't have much faith in and hold very little of them but it's money I can afford to lose so I'm just holding them as a gamble that in a few years they might have gained some ground. If not then I haven't lost much and it was a failed speculation but it's what I can afford to lose.
I do not sell tokens just like that. I'm all tied up on how much I want to get from this token based on the price from the ICO, I'm not greedy, so I only have x3 or x4 from the ICO price. So I do not sell cheap.
Correct. No need to sell at a loss. I have a target price for each coin and if I want to sell I am not selling below that price ever. 
I think that we should never expect even more growth than we already have. The most correct strategy is trade parts! If your bunk has doubled, then you can sell half of it to exclude losses, and leave the other half in the hope of further growth.
Experienced traders and users usually say that each coin/token would have a decent pump, even the worthless and weakest one. You just need to be quick and fully ready.
For more quality assets there could be several rises so you just manage your yield by yourself. And of course such assets should have a history to track it's all time highs.
If it is a fresh token from ICO and I see no real future for the project I would sell as soon as the price hits ICO price without bonuses.
Thank you for this advice. Many people lack experience and I love this forum because we can get some word from experienced traders. For more quality assets there could be several rises so you just manage your yield by yourself. And of course such assets should have a history to track it's all time highs.
If it is a fresh token from ICO and I see no real future for the project I would sell as soon as the price hits ICO price without bonuses.
It's simple , if you can make a profit , I sell without even thinking . If the price goes down , I don't sell
When I buy it at a low price and it raises to 500%, I think I will sell it.
This is the most common strategy but if the certain Altcoin has a huge potential then i will keep on holding except if i really need the money for my special spending or specially in case of emergencies then i will just sell my Altcoins too but if there is no reason to sell that better to hold it as long as the market performance of my Altcoin is stable.
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