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Topic: When do YOU sell? - page 13. (Read 52152 times)

full member
Activity: 322
Merit: 110
elysian.finance
January 09, 2018, 07:52:59 PM
I usually  sell when the price and the position are good and I already get my profit and check the chart that it is the highest price and there is a tendency that the price will go down, that is the time that I usually sell my bitcoin and altcoins.
sr. member
Activity: 420
Merit: 250
January 09, 2018, 03:56:44 PM
since my first trading until now usually I sell a coin if I think the price is good and provide benefits for me, sometimes I sell my coin loss if there is another coin that has the potential to give bigger profit. Smiley

Getting on another coins from one is a job of Professional traders. Otherwise, you may miss a great opportnities. This would be bad actually. The best thing to do, making your plans according to the conditions of the market now.
full member
Activity: 504
Merit: 100
January 09, 2018, 03:54:37 PM
I sell when i reach my goal which is a 5% in increase, its better that way rather than to wait for it to reach 50% increase then drastically downfall and you end up in negative.
You should sell when you have found bad news that affects the crypto market. Also, you should keep track of the market capitalization and volume of coin you hold if it has a lot of deceleration, then sell immediately because that's the sign of the Investors are withdrawing capital from the market and make sure your coin is going to fall off a lot.
Of course, if you invested in such a coin, which can fluctuate 50% higher, then you are lucky. I think that today there are very few such coins, you have projects that I recently increased at a price of 4 times. but the fact is that it seems that this is the trend of today, because almost all of the country's currency is growing up today.
member
Activity: 168
Merit: 11
January 09, 2018, 01:02:22 PM
I have not been planning to sell my bitcoin because I believe it will be good and great value in the coming days or years. It is really a matter of being prepared in case of sudden need.
full member
Activity: 378
Merit: 100
January 09, 2018, 08:26:58 AM
since my first trading until now usually I sell a coin if I think the price is good and provide benefits for me, sometimes I sell my coin loss if there is another coin that has the potential to give bigger profit. Smiley
newbie
Activity: 18
Merit: 0
January 09, 2018, 08:19:47 AM
I sell only when i really need a fiat money for spending. Otherwise i hodl crypto
member
Activity: 518
Merit: 11
HODL
January 09, 2018, 08:18:53 AM
I sell when i reach my goal which is a 5% in increase, its better that way rather than to wait for it to reach 50% increase then drastically downfall and you end up in negative.
You should sell when you have found bad news that affects the crypto market. Also, you should keep track of the market capitalization and volume of coin you hold if it has a lot of deceleration, then sell immediately because that's the sign of the Investors are withdrawing capital from the market and make sure your coin is going to fall off a lot.
hero member
Activity: 896
Merit: 514
January 09, 2018, 07:35:11 AM
When I saw that its already made me profit 5-10% I will sold it instantly. I don't want to regret not selling while it is still in profit. I just want to secure my profit first before anything els. Im a day trading that's why profit is mor important to me. I do hold some bitcoins for long terms also Smiley
Don’t go for 5-10% mate go for the big hand and that is more than 100% and yeah it is true bitcoin is giving people more and all this require bit of patience and I am sure of a person invests for the longer terms bitcoin give them a lot of money and i will sell when bitcoin will click to the 30k price and till then my coins will stay safe in my wallet and bitcoin bless everyone at this time and it will give me an epic life soon to live.
legendary
Activity: 1204
Merit: 1028
January 08, 2018, 02:12:12 AM
When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

Yes set %. I will sell my coins invested in ICO only when I see 1000% profit or more. For too good coins it will be 10000%. But that too I wont sell all my coins but I will sell 70% of them and I hold the remaining.
Those are very high targets and difficult to achieve but I appreciate your strategy and high spirits. The only thing that you need to do is hold your asset for a really good period of time.

If it is bitcoin that you have invested in then it is not going to take long before this happens but in case of  Ethereum or other alternative coin,  You will need to show more patience But this is the way of a trader.
member
Activity: 70
Merit: 10
January 08, 2018, 12:31:24 AM
I sell when i reach my goal which is a 5% in increase, its better that way rather than to wait for it to reach 50% increase then drastically downfall and you end up in negative.
member
Activity: 364
Merit: 10
World Family Coin
January 08, 2018, 12:08:42 AM
When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?
I will sell when my initial target has been reached, before reaching the target I will not sell the coin.
Unless I'm in a position of needing money, I'll be thinking about selling my investments.
member
Activity: 266
Merit: 10
January 07, 2018, 11:37:52 PM
The right time to sell is when the price rises, this is the right time, because selling at high time then I will get many benefits.
full member
Activity: 294
Merit: 114
January 07, 2018, 10:22:34 PM
I will sell when I reach 10% of profit. that's my rule. It helped me quite successfully until now. You should not be greedy. Otherwise you will lose everything. Make your own rules. Do not let psychology dominate you. you will succeed. Do not try to hold long to have the opportunity x2 x3 balance. That is a trader's vices

A gain of 10% is impossible to achieve if you are a day trader. There's only a possibility if you are doing this in long term. Nowadays, a normal gain plays around 3 to 5% and it will take you either one to two weeks to achieving that. It might be a different situation if targetting a not known coin which has the potential to rise up, due to hype or market trend. RaiBlocks (XRB) is a good example, from $0.10 last December 2017 it rises up to a max of $34 this January 2018. Either way, there are coins that are currently in the Top 100 of crypto market cap that has the possibility to follow the footsteps of XRB. In order for a trader to not miss out on anything, he / she needs to focus on being updated with the current news, events, and happenings around the crypto scene.
member
Activity: 280
Merit: 10
January 07, 2018, 04:00:37 PM
I will sell when I reach 10% of profit. that's my rule. It helped me quite successfully until now. You should not be greedy. Otherwise you will lose everything. Make your own rules. Do not let psychology dominate you. you will succeed. Do not try to hold long to have the opportunity x2 x3 balance. That is a trader's vices
member
Activity: 322
Merit: 10
January 07, 2018, 12:07:46 PM
I will sell bitcoin if i will have a profit of 50-70%. But i wont sell everything, i will only sell some of it when i'm in need of money.  I will still save some for future use, besides bitcoin's value continues to rise. I will regret if i sell my bitcoins too early without thinking how much profit will i get from it.
The best time to sell bitcoin is when its price go high as last month when its price go high so everyone they sell their bitcoins and I also sell all my bitcoins and it give a very huge profit then ever normally people buy bitcoin when its price go down and then they keep it on hold because they are waiting for right time when its price go high then they sell bitcoin and take their profit so always sell bitcoin when its price go high.
sr. member
Activity: 756
Merit: 294
January 06, 2018, 10:42:10 PM
I do not have a fix selling time. But I have set own exit point and I also check the market requently to hunt the news and make the right decision. So, I often get profit early

for sure we can capitalize on the big news about bitcoin. If we see some bad news about bitcoin, we can buy when it is down already - buy when people are scared and sell when they are greedy.
full member
Activity: 172
Merit: 100
Decentralized Ascending Auctions on Blockchain
January 06, 2018, 11:42:47 AM
I do not have a fix selling time. But I have set own exit point and I also check the market requently to hunt the news and make the right decision. So, I often get profit early
full member
Activity: 295
Merit: 104
January 06, 2018, 11:42:18 AM
I think, when I want to sell the bitcoin I have. I will decide to sell it if the bitcoin price is high enough and I don't have a handle for the necessities of life anymore. So I had to sell some bitcoin I had. Because if not so or keep the bitcoin I have, for so on I will not be able to meet the necessities of life.
full member
Activity: 420
Merit: 101
January 06, 2018, 11:36:49 AM
If you do the trading, you must have target. Example, when you buy alcoin 10$ when the dump happen 15% be ready to sell it. And when pump happen for 30%-40% that's the estimation when you must sell it.

But if you only invest, sell when you need it.
full member
Activity: 266
Merit: 107
January 06, 2018, 10:39:34 AM
When I saw that its already made me profit 5-10% I will sold it instantly. I don't want to regret not selling while it is still in profit. I just want to secure my profit first before anything els. Im a day trading that's why profit is mor important to me. I do hold some bitcoins for long terms also Smiley
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