When do you know its time to sell your altcoins? - page 6.

R3ffun

sr. member

Activity: 714

Merit: 250

Quote from: bestcoins1 on October 07, 2018, 07:05:53 AM

Quote from: Coroline on October 03, 2018, 03:42:14 PM

Quote from: COLT601 on December 06, 2017, 03:44:11 AM

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.

if you are a crypto trader, you will choose to sell coins when you make a profit, not think about whether the coin will rise again, because a trader seeks profit in the shortest possible time, and that's what I do

exactly when the profit is seen it doesn't need to hold it for too long and expect even greater, because when you get profit it's good to sell don't expect higher because the cryptocurrency will change quickly so it could even be a loss if you hold it too long.

the right time to sell the Altcoin that I have seen from being able to price the coins.
like the current Dash I have on the market has a high enough price.
This has been the opportunity or the right time to sell the Dash and get a much bigger advantage by trying to use this opportunity as good as possible.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

I start looking for an exit when the big twitter accounts start shilling full blast.

RedzoneASE

member

Activity: 350

Merit: 10

TRONscratch.com

In trading we already have different strategists. Commonly people do sell in such a percentage where they could surely gain profit. For me I am a fond of risking. I am always looking for a sure profit but in a huge one.

Shatterlean22

jr. member

Activity: 350

Merit: 4

Every altcoins holders must have a fix price and knows when to withdraw for profit ,if you hold any coin and it increase in price e.g from 0.03 to 3$ you must have target 1-2$ as your fixed price so just pull out your profit ,no regrets

Noah14

newbie

Activity: 70

Merit: 0

Never sell. You just hold it You set a target when you buy the coin and stick to it.

superscommessebitcoin

hero member

Activity: 1176

Merit: 500

I'm just wondering how this person makes a profit now and how much. If he wanted to invest about 80 thousand and make a profit of about 15 thousand, now most likely his entire initial Deposit was equal to about 10-15 thousand and how much he earns on it?

vinbentrob

member

Activity: 210

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“Tackling Climate Change Using Blockchain”

It is important to keep it simple when making profit ddecision on your investment in cryptocurrency. When I sell is when I see considerable profit margin on investment!

Inastran

jr. member

Activity: 224

Merit: 2

Data✘chain | Blockchain Based Decentralized

Quote from: COLT601 on December 06, 2017, 03:44:11 AM

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.

i think that it is kind of intuitive decision and of course you should know what to do and what your plans for the future are

Janevinex

jr. member

Activity: 210

Merit: 1

Well, it's hard to say when to sell a token, you need to look at the chart, of course if your coin gave X3-4 then you can sell safely , and of course study the Elliott waves

Dlux75

member

Activity: 170

Merit: 10

The World’s First Blockchain Core

Dont be greedy. In my opinion you need to think about your future targets. For example for me. When i will reach 100 k dollar i will make fiat 50 percentage of that.
You need to create some targets like that and you shouldnt sell all of your coins. only do 40 50 percentage. Because if it will continue mooning you will be happy. if it will dump you can buy your fiat which you already converted coin to fiat with 50 percentage of your portfolio.
play safe.

xhibit1

newbie

Activity: 126

Merit: 0

first you need to set a profit target for yourself, whenever you feel you have reached your profit target for a particular altcoin, then that is definitely the best time for you to sell

Vanderbleek

sr. member

Activity: 518

Merit: 250

It depends on you. The is no specific formula of when to sell them. If you are happy with 30 percent profit, you can sell them. If you are happy with 100 percent is also great. There are people that are awaiting at least x10 from one coin and hodling their coins.

Ryanbruc

newbie

Activity: 30

Merit: 0

Quote from: jaja colleen on October 24, 2018, 11:19:27 AM

Before I sell my Altcoins I already have a expected target what price I sell it, so if the tokens reaches to price that I want I will sell it,if it does not reach the price that I want I will hold even for long term as long as I see that the team is making a good development to improve there project.

Actually it is difficult to know about the correct time for buying or selling crypto currencies, but we depend on the market behavior and on the expert opinion, I think should keep our profit and lost margin a little low and then we can show a good result while trading crypto currencies.

manbota

member

Activity: 308

Merit: 10

Quote from: COLT601 on December 06, 2017, 03:44:11 AM

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.

I am sure that the best option would be to sell your coins when you get 150-200% profit from investments made. In any case, the decision needs to be taken individually, depending on the specifics of the coin, its development and future prospects.

EL-NIDO

full member

Activity: 629

Merit: 108

It is hard to guess the best moment but I sell when there is a good profit and it reaches the price that I expected. I don’t expect too much because sometimes you want more profit and end up to loss. But I am only buying coins which I am confident to its technology.

Revvo1

jr. member

Activity: 272

Merit: 1

"simply getting the job done"

Quote from: COLT601 on December 06, 2017, 03:44:11 AM

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 seasons.y not be realistic on a monthly basis.

Losses/ decrease in several coins value thou disheartening, didn't come as a surprise to me.since I came on board, I have understood the nitty gritty of crypto as a volatile entity, thus, anything happens anytime. Victory however can only come when one has equipped him/herself with the foundational understanding thereof. Continue, do not relent, you will regain all that have been lost in due seasons.

magnat7691

member

Activity: 350

Merit: 10

Altcoins need to sell right now if you haven't done it before. To analyze each and select the most effective. After that, learn the rules of trading on the exchange and start trading them in mind.

CapnBDL

hero member

Activity: 1064

Merit: 500

MOBU

This time comes, only when the market goes up. And there you decide what profit you want and sell only the top of the price. Many horsemen make many mistakes, sell sooner or later.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

Unfortunately, no one will ever tell you exactly when to sell, because it is not profitable. It is always profitable for people to sell and buy at unprofitable prices, but you will not understand this yet, in any case, everything can depend on the situation.

Gromx

jr. member

Activity: 280

Merit: 1

There is no template that works always.If long - term investment is profitable-then why are most coin holders in a strong drawdown?I believe that diversification is needed even in strategies.

Topic: When do you know its time to sell your altcoins? - page 6. (Read 8153 times)