Topic: When do YOU sell? - page 14. (Read 52126 times)
I sell my bitcoin for only to reasons, I need cash and its prices go higher. Basically I need bitcoin or I can say we need bitcoin when its price is low. Then we will keep it until the prices go high, it is like an easy money right. But it takes a big courage and gats for this technique because nothing is fair in this word. In terms that bitcoin to convert to cash, I used it to pay my bills thru online and even shopping online. I also send money to other people in our country thru bitcoin. What also good in bictcoin is if I travel I don’t need to bring a lot of money because some of the countries are accepting bitcoin. Imagine how convenient that was.
For those that sold their bitcoins as of now, it's great to see that you were content with your increases yet by and by I won't offer for the time being. I'm not that disappointed with the present cost of bitcoin yet I can't offer for the time being as there's no need of doing it and I'm almost certain that it's cost will rise once more. So for the present it's smarter to simply continue sitting tight at the correct cost before offering, I'm not even in a rush so there's no compelling reason to freeze.
I prefer holding my bitcoin for long-term I only sell when bitcoin is going through correction.
Well, honestly, I don't usually my coins without a need for it. I have learned from the past from selling too early. One time, I sold some of altcoins because it was losing value drastically, after 4 months the value went ridiculously high. From then on, I only sell when there is a need for it. I always consider my cryptos as an emergency fund and not something I can use for my daily needs.
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?
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?
There are some situations I consider before I decided to sell my coins
First, when I need money and this is the only coin I've got. Even though the price of a certain coin is low I still sell it because I choose to solve the problem than wait for the price to rise. If I have any other coin to sell, I sell the coin that can't give me much more profit.
Second, when the price can already gave me a big profit. I still do not know how to read or analyze the market so when the price goes up I am just monitoring it and when I notice that its going down, I set the price immediately.
Last, when I am going to use it to buy another coin even though its price is low. I believe that it is not a good coin so I will just use it to buy another good coin that can give me much profit.
I got your point. You know, when I was a newbie at trading, I have tons of rules I set to myself; the rules I set either comes from a book I studied on, online quorum, academic talks, and all other idealistic theories I have set for myself as a trader. But I realized that as days pass and the older I get in the trading business, there are really no hard and fast rules when it comes to a successful trading venture because we all have various measures of success. Perhaps a simple math will help you do the trick. If indeed you have gotten back your return on investment at a time you have set, then you have succeeded in that trading. The percentage of success then depends on how fast your clock is running because it is YOU who set the pace.
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?
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?
There are some situations I consider before I decided to sell my coins
First, when I need money and this is the only coin I've got. Even though the price of a certain coin is low I still sell it because I choose to solve the problem than wait for the price to rise. If I have any other coin to sell, I sell the coin that can't give me much more profit.
Second, when the price can already gave me a big profit. I still do not know how to read or analyze the market so when the price goes up I am just monitoring it and when I notice that its going down, I set the price immediately.
Last, when I am going to use it to buy another coin even though its price is low. I believe that it is not a good coin so I will just use it to buy another good coin that can give me much profit.
I sell my bitcoin if my investment is already have a good profits to it because I can earn more money in this already. Nobody can say if the bitcoin's value achieved already the highest value because bitcoin is volatility. This can say that bitcoin sometimes dump or pump always. It depends to your strategy in trading because there is always a tip in trading. Just set your profit goals in your bitcoin and your desired profits already to know when do you sell your bitcoin already.
i think you should keep a cool head. Sometimes, you have to foget how much money you lose or win in trading, and focus on choosing the entry points or exit point. 
I like to buy and sell according to the recent price history of the currency, according to the percentage increase I set at the time of purchase. But, I always like to keep a percentage of every purchase of the last to maintain long-term portfolio diversification, rose more will sell part of the left part of their own virtual currency long hold!
Im selling only when Im leaving the project at all, forever
It's just like gambling but, you also need to see the perspective of the index. My personal strategy is I'll just invest in short-term, you able get income <10% in weeks. Because if you invest in long-term, it kinda makes you think about it all the time and it cost a lot of possibilities on that decision.
For you to sell, you should own a coin, you should have the instinct that it is the right time for you to sell your coin, that might be a benefit of the doubt or fail but its your own strategy on how you see the value and movement of a coins price. Best time for selling is at a high price and low price when buying, study the market of your coins and its past prices to be more precise and accurate. Always aim for earning and not collecting.
Every people have their own strategy how or when they sell their bitcoin or maybe altcoins. For me when I don’t try to sell my bitcoin because I have a little amount of bitcoin came from the joining in the different signature campaigns. My planning to sell my Bitcoin when it reach the double the price of the IPhone X, because I want to have that kind of phone.
In order for you to determine as to when are you going sell your coins is to have a target price. Setting up a target price will help you decide when you like to sell your bitcoin or altcoin. And as for me, if I'm going to sell either my altcoin or bitcoin, I would definitely use it for important things. It's hard to earn bitcoin or altcoin, so you have to spend it wisely. And buying an iPhone x is not a thing for me. Although we have our own choices on where we want to spend our money, but see it to you'll never regret spending it. Just a piece of advice tho.
Every people have their own strategy how or when they sell their bitcoin or maybe altcoins. For me when I don’t try to sell my bitcoin because I have a little amount of bitcoin came from the joining in the different signature campaigns. My planning to sell my Bitcoin when it reach the double the price of the IPhone X, because I want to have that kind of phone.
why do people sell toay, most of the coins are in red, so why do people sell, to take profits
For me I don't understand what logic they are applying. Why would you sell when you are getting less amount of Bitcoins . Like if the prices of Bitcoin are high so you will get less Bitcoins for that amount of USD.
The best time to sell bitcoin is when its price go high because normally people buy bitcoin when its price is low and then they keep it on hold because you have to wait for the right time when its price go high then you have to sell bitcoin and you can take your profit as last year I was just buying bitcoin with low price and then end of the year I sell all my bitcoins because its price was very high then before and I take a very huge profit. 
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?
Obviously, we are going to sell the coins we are holding for the moment if the price of the coin is high because for sure we will make a profit out of it. Based on the performance of bitcoin’s value these past few months is better due to the continuously increasing of value unfortunately before the year of 2018, bitcoin's dropping of value happened and it seems that it is not yet finished. The performance of bitcoin is an advantage to others but at the same time is a disadvantage to the holders. Back to the topic, if you were planning to sell your coins then make sure you study the market in order to be aware. 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?
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?
Actually the value of all coin in the cryptocurrency are all unstable and hard to predict.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?
But if you think , that you already catches your capital and already earn.
Then I think its about time to sell your coin,
Dont wait for it to goes higher because you'll never know maybe it will fall down without any sign
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?
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?
When I sell my bitcoin, it will depend on the situation. Like now I sell my only little bit amount of my bitcoin because I don’t have a cash to spend to my emergency travel. Last December I spend all my money also my salary bonus to buy a gifts and buy also gift to myself. If I have a paper money on my wallet I don’t sell it. If I don’t have any price I will sell because I need it rush.
For me, this is one the best way to trade our coin where we sell our coin on a certain fixed amount and wait until it reaches it. But in this kind of case emotion isn't your enemy but rather your patience because this method will really do test your patience since putting a certain fixed price could take a lot of tkme before it gets bought or sold
Jump to: