When do YOU sell? - page 16. | Bitcointalksearch.org

CryptoScorpio

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Quote from: Blackout1321 on June 02, 2017, 09:19:28 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?

It depends on the type of trading. If I trade for a day, then 5-10% is a good amount to sell for big coins. If I trade or 3 months, 50-200% is good and for long term like 1 year 10 to 20 times is good. Note: All these are for good and promising coins.

PERtua

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Quote from: Ausgewielt on January 04, 2018, 03:34:51 AM

Usually I only sell my coin when it's price is pump. I don't like to wait until the peak of pump because no one can predict it correctly. If I can get profit then I will sell it, I don't care if the price keep increasing or not .

we have the same attitude but what i do most is that i sell half or 3/4 of my holdings once its on peak cause i know it will surely dump. after the dump, i will buy back acquiring more than i have sold.

TERA2

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Deb Rah Von Doom

every day i withdraw the max poloniex will allow me and sell them on stamp. but im generating them faster than im selling them via altcoin trading.

Ausgewielt

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Usually I only sell my coin when it's price is pump. I don't like to wait until the peak of pump because no one can predict it correctly. If I can get profit then I will sell it, I don't care if the price keep increasing or not .

jayhawk1

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Quote from: rejin29x on December 28, 2017, 09:42:40 AM

you know every person trades to get profit but all can't get at the same time some one have to loose so that other can gain. when ever you are trading in shares just make a flow chart of the price per share if you have bought that share on like 500/ share and the price is going on 480/ share at that time if you think that share price will rise that just made a purchase on 480/ share and even if price didn't rise and it was stuck on 490/ share than you can sell to recover the loss from 2nd transaction

now that makes some sense .obviously a person will sell out his asset when he needs some money or when he wants to have some dollars in his pocket. Selling out is essential. As we all know that digital market is volatile one and in order to make most profit out of one's coin, a person must sell out when the peak is reached. All that is needed to be done for this is to keep checking the price from time to time.

dutchkay

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I always consider calculating my profits in satoshi noting down when i enter and exist, but i prefer making double on my investments. In some cases some coins rise in USD leaving their satoshi low, in such case, if i see other low coins to buy i will sell off my USD gain and use it to accumulate other low sat coins.

Emitdama

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Quote from: ImSuparmin on December 25, 2017, 11:39:51 PM

Quote from: alkhie01 on December 25, 2017, 11:23:41 PM

in crypto investing you must always have a target of your profit,you don't need to wait for a long period of time if the coins that you are holding is very promising why?? because you can play with it during its peak and dip.The best thing to do is be 50% high then sell it,then wait for its dip to buy again.Buy low sell high.

I agree with you, if the price is low we have to buy as much as possible, and if the price is high we no doubt to sell it, because buying at a low price it could be our investment in the future and very profitable for us.

There is no harm in selling bitcoin when the prices are touching the sky but you should not sell it off under two circumstances. Firstly when the prices are going down and secondly when they have just recovered from a hard dump. In both conditions you are going to bear a loss. It is highly profitable to sell it off when you have reached your target otherwise keep holding to your coin because patience pays off.

khalifa25

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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.

v3liana

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Quote from: Blackout1321 on June 02, 2017, 09:19:28 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?

im holding huge amount of iota and xlm and i have a great plan when i have to sold it and how long i hold it. i keep tracking my coin in the market and keep searching the event that coming out in this 2018. i planing to sell it after tokyo blockchain event

NavySeals

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Quote from: 8Habits on January 02, 2018, 04:36:15 PM

Quote from: Shrinath on January 01, 2018, 08:10:51 PM

In my opinion, there is no best time to sell bitcoins or any other alt-coins.
You need to have a basic knowledge of “Buy the dips, then sell high”. This generally means, as long as you are buying / generating BTC you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the option of selling it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general moto of making profit out of it, sell only when the prices are above your capital or amount you have invested in BTC. There will surely be profit in return.

I could not agree more with you mate. It should always be good to sell when you are at good profit and whenever there is an urgent need for the money. If there is no urgent need and you are at a good profit already, you can either hold more or sell and wait when the price goes down and buy again.

Selling when expensive to buy when cheap doesn't work in practical applications. I tried so many times and every time I faced with money loss after my decissions like this. Selling at ATH and exit is the best option.

8Habits

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Quote from: Shrinath on January 01, 2018, 08:10:51 PM

In my opinion, there is no best time to sell bitcoins or any other alt-coins.
You need to have a basic knowledge of “Buy the dips, then sell high”. This generally means, as long as you are buying / generating BTC you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the option of selling it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general moto of making profit out of it, sell only when the prices are above your capital or amount you have invested in BTC. There will surely be profit in return.

I could not agree more with you mate. It should always be good to sell when you are at good profit and whenever there is an urgent need for the money. If there is no urgent need and you are at a good profit already, you can either hold more or sell and wait when the price goes down and buy again.

Shrinath

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Activity: 112

Merit: 17

In my opinion, there is no best time to sell bitcoins or any other alt-coins.
You need to have a basic knowledge of “Buy the dips, then sell high”. This generally means, as long as you are buying / generating BTC you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the option of selling it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general moto of making profit out of it, sell only when the prices are above your capital or amount you have invested in BTC. There will surely be profit in return.

8Habits

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Activity: 756

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Quote from: Partizanai on December 29, 2017, 09:08:05 PM

Usually i sell my coins at 30% increase and then i'm waiting for dip. If no dips occur i buy another coin. this method applies to coins which i trade speculatively.
I have other coins on long term hold put on private wallets not exchanges

Hold and accumulate more is one of my effective strategies so far in growing my portfolio. Holding when it will not reach my desired calculated goals and buying as much as I can when the price is going down - then patiently wait.

Partizanai

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Activity: 112

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Usually i sell my coins at 30% increase and then i'm waiting for dip. If no dips occur i buy another coin. this method applies to coins which i trade speculatively.
I have other coins on long term hold put on private wallets not exchanges

raaaj100

newbie

Activity: 14

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If I have invested money in altcoins then I never hold them too long and sell whenever its giving me at least some profits as it can be bought again when price dumps and bitcoin is an long term investment for me so I will not sell till it achieves my desired price and till that time I will keep them safe in my wallet.

MrKubem

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Quote from: moneyafric on December 29, 2017, 05:37:12 PM

Quote from: MrKubem on December 29, 2017, 05:04:36 PM

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

That's another brilliant method but it's better to devise what works for you.

Yes, that's the method I learned. However, I'm not good at analyzing markets and graphs. It will help you in my approach. This is just one of many methods that you can implement. So, apply yourself to the real

. People just came up with their own ideas

moneyafric

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Quote from: MrKubem on December 29, 2017, 05:04:36 PM

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

That's another brilliant method but it's better to devise what works for you.

MrKubem

full member

Activity: 210

Merit: 100

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

bitcoinking11

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Activity: 378

Merit: 17

I think if you have made reasonable profit, then you should sell. If you don't want to sell all, then you can 50 percent or more. When price comes down you can buy again.

Roadrage68

newbie

Activity: 24

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If you are hodling a good coin when and how do you sell?

Let's take XRP for example:

It's climbing pretty good now, but you have to take into account the BTC or ETH you spent to buy it.. what would be it's current value as well? Are you really in profit?

When it climbs vs the USD how do you sell it for USD? and later reinvest in BTC if BTC drops..

Do you wait for the best BTC/XRP ratio to sell?

This stuff can very confusing and frustrating to figure out..

Topic: When do YOU sell? - page 16. (Read 52126 times)