Topic: When do you know its time to sell your altcoins? - page 8. (Read 8120 times)
for a trader I don't think I've to make a lot of money to sell their coins because if you are satisfied with the profit we get then sell immediately because if you just hold it it's too risky (I mean besides BTC)
Profit is the goal for purchasing altcoins. Fix up your gain percentage from the coin and sell profit,and when you are having indepth research of the coin you can repeat the procedure again.
For me, when I see some good pumps I will never let that passed by, because even a glimpse of a profit, if it is a profit, it is good for your investment. Then the decision relies on you. For me I am contented even for a small profit gain.
It's simple with technical analysis.
Take MA50 and MA200 lines and if MA50 hits MA200 line to the below, it's a bear signal.
Take MA50 and MA200 lines and if MA50 hits MA200 line to the below, it's a bear signal.
I look at the situation. In each case, the criteria may be different. sometimes even sell at a loss. For example, if the project disappointed me and I do not see any further prospects in it.
I sell only if the price has changed in a big way in x 3 x 5 times than I bought . Less I see no reason to sell
If the price is that high then I would sell the coins. I would not want to have a coin costing that high now and not sell it. 
The best solution is to keep your coins for 1-2 years and not sell, then you are likely to become rich.
The best time for you to sell your altcoins is in a bull market at a new all time high for the coins and that is final. If you are here to make money then you should know that when you buy coins you are buying them in wait for a new all time high and that is how you should be counting your profits and making sure that you make the most amount of profit
i think i will sell my altcoins when the price is rising.
i will sell if it will bring me more profit.
if the price is down, i prefer to hold it.
i will sell if it will bring me more profit.
if the price is down, i prefer to hold it.
I sell only if the price has changed in a big way in x 3 x 5 times than I bought . Less I see no reason to sell
If these are new coins, then I immediately sell it when the price has grown at least 2 times. I do not like to take risks.
For me it deoends on what I am doing right at the moment. If I am in for short time trading then as soon as I see a good pump I would sell my holdings right away. If I am doing long term holdings then I might sell it when I am contented on the profit I will receive. But in the end it depends on what the coin I am holding.
It all depends on the coin I hold. If I hold a coin for a long term, then I wait for a profit of at least 3-4 times and then sell the coins.
I always act on strategy. If the price of the asset increased by 50-100%, then in most cases I will sell about 50% of the coins, for the remaining 50% I will wait for the growth of 300-500-1000%. We must not forget to take profit, greed won't bring good results.
To be able to work in sales, you need to analyze the market. And be sure to follow the trend of the market and calculate your income. 
At the moment I sell alternative coins with the least profit. I do not expect big profits, because I understand that this is not possible in a falling market.
i prefer to get at-least 50 % profit. i usually sell half of my coins at 50 % prices are up. balance i hold for long tun or at-least 5x profit. at current market condition i would prefer to sell my coins at 20 % profit only and that is enough now.
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 do something that make sure that i am never in conflict about the time to sell my altcoins and what I do is that once aI buy the coins I make sure to write down a price I would be willing to sell for after calculating all of the price and the profits that I am expecting to make from the coin so when coin hits that price, I sell without much contemplating.
Every trader should have laid out plans and strategies. Whenever you feel you have achieved your desired profit target, you can sell your altcoin, and that is a great win for you. instead of selling at your own detriment due to the pressure in the market.
In those cases when you need money very urgently, it’s best not to touch the cryptocurrency and this is certainly a very important measure, but you understand that it is very difficult to do this, so I would probably recommend acting on the situation.
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