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Topic: When do you know its time to sell your altcoins? - page 61. (Read 8168 times)

member
Activity: 294
Merit: 10
i invested $4, nothing to do in such topic, speaking about $50.000 of investments, lol. But anyway, there are great coins to invest in.
jr. member
Activity: 105
Merit: 3
when the altcoin price I hold increases more than 50% of the price when I buy it, it's a great time to sell the altcoin I hold.
newbie
Activity: 204
Merit: 0
When they have hit a good price, preferable I sell at when my coins hit a 500 percent profit margin which is when I usually sell my altcoins and then I just sit back and then start waiting for the price to fall back down again so I can buy into the altcoins even more than I did before and make more money
full member
Activity: 448
Merit: 100
It depends in thw sutuation you are un in playing your digital assets. The deeper your pocket, the longer you can wait gor your assets to go sky ticket but if you have limitted funda then your disfression will differ from the first. Practically, the perfect timing to sell your token is when it will give you profit after you traded it.
full member
Activity: 406
Merit: 100
I know you know it. The best time to sell your altcoin is when you know you get too much profit. This is the perfect time to sell it. Don't to hurry and don't be greedy. But it's up to you, when do you want to sell your altcoins.
newbie
Activity: 182
Merit: 0
for me the perfect time to sell the altcoin I have is when I have made a profit. Although the amount of profit is not much. but for me, when I was able to profit, then I sell. the system that I always cultivate when trading. not the important grandiose that can be lucky not to lose.
member
Activity: 166
Merit: 10
I sell my coins when the global growth of the entire market is going on for a long time. This is artificial pumping, and after that there always follows a hard fall.
full member
Activity: 308
Merit: 100
Nobody can say exactly when and at what price it is better to buy or sell altcoin. Sometimes coins are taken for long-term investments, and some trades on the situation.
full member
Activity: 316
Merit: 100
i sell my altcoin if i got a little bit of earning for the short term income but if it long term i will wait for it to double the price when i buy it so i can sure that i can maximize the profits  i get
legendary
Activity: 1148
Merit: 1006
Me personally, I don't have any formula as to when to sell. All I do is take profits when ever I'm in profit and I try not to get too greedy because most times greed makes us lose our potential profits and turns us into bagholders. If it's in a trade, try taking out your capital first then leave the profit to run for a while and keep taking profits from it time after time.
Neither I, I don't have also any formula when I will going to sell my altcoins because first, altcoin prices are also varying anytime, second even altcoin price goes up it doesn't going to be a high value so sometimes even it is in a green mark you are not convinced to sell your coin because you are wishing for a high profit. So sometimes in a unplanned time of selling my altcoins, in case of emergency I can sell my alts even in a low price.
Altcoins are completely unpredictable, we can't guess for what reason the price will increase and decrease, in just one day everything will be done morning the price will pump and evening again it will dump. So put an eye on the price list and don't become greedy when you feel it's good profit you can sell your coins here only many people will do mistakes.
newbie
Activity: 75
Merit: 0
I sell my altcoins only when they are priced in relation to Eth/$ double what I bought them. Otherwise, what sense to sell them.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
Me personally, I don't have any formula as to when to sell. All I do is take profits when ever I'm in profit and I try not to get too greedy because most times greed makes us lose our potential profits and turns us into bagholders. If it's in a trade, try taking out your capital first then leave the profit to run for a while and keep taking profits from it time after time.
Neither I, I don't have also any formula when I will going to sell my altcoins because first, altcoin prices are also varying anytime, second even altcoin price goes up it doesn't going to be a high value so sometimes even it is in a green mark you are not convinced to sell your coin because you are wishing for a high profit. So sometimes in a unplanned time of selling my altcoins, in case of emergency I can sell my alts even in a low price.
jr. member
Activity: 182
Merit: 2
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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.

Your investments has really grown a lot. Having that target 15k a month is not bad as long as you have the right coins to be invested in. As for me, I am selling my coins when the current price is higher than that of the purchased price. If about 100% increased, I will sell it.
member
Activity: 196
Merit: 10
I try don't be greedy and I sell my altcoins as soon as I see  I've got about 30% of profits on my investment instead of holding them too long.
jr. member
Activity: 91
Merit: 2
I think the right time to sell the coins I have is when the price is above the purchase price. No need to pursue the price is too high. The important thing I get a profit from sales transactions that I do though a little. Because if I wait too long I worry later the market price actually decreased. We should not be too greedy. The most important is the process of buying and selling coins remain smooth so that my income remains smooth . If you wait too long later my coins even jammed can not be sold because the market price is falling. If I sell below the purchase price of course I will loss. And I do not want that. So it's better if the price of coins is above the purchase price although the increase is slightly more good I sell.
newbie
Activity: 182
Merit: 0
Mostly it is just better to set a target price for your altcoins so for example, when you buy into an altcoin, you can decide at that moment that you will sell when you make 100 percent profit on your coins. With goals like these put in place, it greatly reduces the confusion of when and if you should sell you coins and eliminates indecision.
full member
Activity: 644
Merit: 145
If I think personally, I will sell at the time the price goes up but remember do not sell everything I have about 20% coin as the chart shows a rise in play This you have to be patient do not rush later you will also be a loss You should be patient and patient The key do not rush.

The key is the strategy. It must be before the trading begins. You should clearly understand what you are buying, at what price, at what price you will sell in case of growth, what will you do in case of a fall (sell or hold), and so on.
sr. member
Activity: 602
Merit: 250
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 Altcoin that I have has a high price and good enough to sell I will sell it. and I will buy Altcoin then. and I monitor the coins before I buy so I know and can predict the development of the coin in the future. so the profit potential that I receive will be high.
member
Activity: 154
Merit: 10
Depending on the situation but for sure I wait that they finish the roadmap then I decide to sell or hold
newbie
Activity: 149
Merit: 0
Yes depending on the situation and condition if the situation is indeed a good and profitable to sell better sale. And later after the coin prices down again we could buy it again and we are waiting for a ride. Of course this kind of risk is higher, still, have to be careful and always prepare strategy trading.

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