Topic: When do you know its time to sell your altcoins? - page 70. (Read 8139 times)
I usually trade on news. Buy in rumors, sell in news. This always works. For example, the recent XRP bull run. XRP was pumped heavily on the rumor of Coinbase listing but end up being dumped. Always look for news and buy coins. Then, sell it before the news for maximum profit. I always exit a day before the event (like fork, update, release) has to take place.
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'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.
For me, Its time sell some coins when I feel happy about my profit, I care don't care wheather people are telling me to keep holding on my coins because its price is gonna go on an up trend some more, as long as I am happy with the return of my investment, then Im gonna sell some of it already. A gain is a gain, and you can never lose if you already earned from what you have invested.
It' really hard to know good time to sell cause greed is unlimited. LOL. I often decide to sell my altcoin when I earn about 10 - 15% but sometime after I sold the price of these coins kept increasing as crazy. It's the main reason why for now I'm joining few legit trading signal groups to know the good price to buy and sell any altcoin 
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'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 the answer to your question depends on the investment method.
Since long-term and short-term investments are very different in terms of strategy and action plan.
as returns of work with technical analytics give of shows with contrast gesture on notification investors might collects of supports as referring option to put with the table of exchange to calls with the closing option,
Profit is more difficult than in old times. You have to set realistic targets to yourself.
With a little experience, you can buy and sell more successfully.
With a little experience, you can buy and sell more successfully.
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'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.
For me, Its time sell some coins when I feel happy about my profit, I care don't care wheather people are telling me to keep holding on my coins because its price is gonna go on an up trend some more, as long as I am happy with the return of my investment, then Im gonna sell some of it already. A gain is a gain, and you can never lose if you already earned from what you have invested.
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'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 you buy a coin, and provided that you are doing it for a good reason, you should be setting your target for it. For example, x2, x10, x100 or whatever price you think is really worth or will be worth if it progresses as you think it will.
You may change that objective if you get new information or is not working as you expected, otherwise sell when your target has been reached.
don't be greedy for profits. set your profits i.e how may eth or btc you want to get from a trade.. i usually do this i am a day trader.. i purchase tokens on low price and then sell those tokens with 0.3 or 0.5 eth profit..
To be safe as long as it gets 50% income to me i dispose it right away but if the token is for long term investment some takes 3-5 months in my wallet.
Set a target price to sell before you buy. After buying, immediately set your sell order at that price you set out initially to sell for before you bought the coin. Stick to it. The key thing in this is to have a strong mentality. It aint easy but overtime it gets easier.
You cannot predict the best time to sell. Just fix your target, hold your coins until you reach it and avoid being weak hand or greedy.
When you are satisfied and happy with its value, then it would be okay to sell it now if you just earned it from bounties or in other ways like airdrops. But if you are and investor or a trader, it is time to sell when you have enough earnings that can satisfy you or when the time it pumps. Some altcoins pump to 1000 percent.
It only becomes a problem if you want to sell back to fiat. If you stay cool then dont sell back to fiat on a loss, then does it really matter? Just wait for your chosen coin to go back to profit.
Well, when the price covers the expenses for a while and my money is invested in altcoins then I sell, it makes no sense to keep them for such purposes, there are other coins
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 the most important thing to keep in mind is that do not be so greedy and then you will know when is the best 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.
its your own decision when to sell your altcoins. No one can decide but you. But one thing bear in mind that most altcoins lose their price over time. They simply bleed their value away slowly and sometimes rapidly. Take this into account when holding altcoins for the medium and long term, and of course choose them carefully. What kind of altcoins are recommended for the long term? Remember, this is only when there is a reason for making a trade. The coins that have a higher daily trading volume and which have a widespread community behind them, and with continuous development.
By continuing to follow market trends and ICO analysis you can guestimate what the best actions are.
If you do decide to invest, make sure to check ICO reviews & ratings before investing.
www.cryptorated.com
Is a good start. It shows popular ICOs, market trends, coin analysis.
Check the ICO Review pipeline for the top most popular ICOs
https://cryptorated.com/ico-request-pipeline/
If you do decide to invest, make sure to check ICO reviews & ratings before investing.
www.cryptorated.com
Is a good start. It shows popular ICOs, market trends, coin analysis.
Check the ICO Review pipeline for the top most popular ICOs
https://cryptorated.com/ico-request-pipeline/
the moment i see 10% rise in the altcoins i keep, I sell them. I usually have a goal of 10 - 15% rise before I sell. If i bought it at higher price. I decide to just hold and wait until it will reach 5% rise to break even the cost of the transaction as well as get my money back. There is no point really in keeping alts too long in your wallets we never know what could happen to them so it is better to reap immediately the profits made than wait for sometime and you are not sure if price will begin to dump again.
In trading I usually do not really fix how much profit I get. because every day I always turn my funds in order to get a profit. and used for my needs. different from investment or hold I usually target to how much to save and sell
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