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Topic: When do YOU sell? - page 21. (Read 52152 times)

hero member
Activity: 648
Merit: 502
December 06, 2017, 04:51:59 AM
I sell bitcoin when I think I'm getting 15% profit, as we know that rising and falling bitcoin prices is very fast, it makes us have to be wary if the price drops to more than 5%, I will soon sell bitcoin when I already get profit at least 15%, because usually after a 15% rise the price will go down and we will buy.

How do you do that when BTC's price is so fast to change, I trade BTC last month and lose about .1 of it, it's hard man especially when you have a shitty internet connection. I can't even properly refresh my browsers. I already quit trading BTC and go to the alts instead.

Hmm... I sell whenever I need the money, irrespective of the exchange rates. I don't have any other savings, so selling my coins is the only option.

Sam in my early years but I have save enough money and already established small business to have a positive cash flow, BTC and makn cryptocurrencies are so valuable for me so I don't plan to sell them for the coming months, I'm waiting for them to have a global adoption especially the ETH.
As for the people who don't have money for everyday living, think of a project that can give you guys positive cash flows or else we will all die working.
full member
Activity: 382
Merit: 109
December 06, 2017, 02:18:40 AM
It's depends on a days, but usually I sell for 5-10% few times a day.

This is not good idea for the profit.If you need of profit means,you should in patience for long.As much as you keep bitcoin that much profit profit you will get when you sell the holding bitcoin.Only when the price of bitcoin reaches 15k$,I will sell my bitcoin.
sr. member
Activity: 504
Merit: 252
December 06, 2017, 02:16:10 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?

Sometimes I will sell based on percentage growth of the altcoin I am investing. Sometimes, I will base on a certain target price. This is my strategy if I have known of a certain charting analysis by an expert. Other times, I just take my investment if in my thinking I have gained enough already. At the end of the day, there are two possibilities: I will regret for selling too early or I would be happy because there is a dip after I sold them.
newbie
Activity: 40
Merit: 0
December 06, 2017, 02:05:58 AM
It's depends on a days, but usually I sell for 5-10% few times a day.
full member
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
December 06, 2017, 02:02:03 AM
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: 145
Merit: 100
December 06, 2017, 02:01:21 AM
actually when the higher price  Grin nobody want to sell if there no profit at all.
Well it depends on how I invested my money. If I bought a BTC for example in a cheap price and then it rose about 10-15% then I probably sell it. Why, I called it Aggressive investment applicable for short term investment and If you want an easy money. If I plan for a long term investment then I wouldn't sell it even the rates went up, since I believe that BTC trend hasn't achieved it's peak at the market. But who knows, this industry is unpredictable. Be smart and cautious every time you make your decisions. Luck will not be your friend in the market. keep watching the price movement.
hero member
Activity: 952
Merit: 503
December 06, 2017, 01:47:05 AM
Now is the tme tosell Not since i misplaced hope in altc in or crypto globe. But when at any time have a bad new we are able to sell and buy later on.io
Well my plan is to sell bitcoin end of the year because bitcoin price is going very high in December and for that moment I wait for a long time and that’s a right time when I will sell my bitcoins because I remember last year as well when last year come to end so the price was very high and in this year the users are very high then last year in shape of investors and traders so I’m sure that from last year this year price will be high.
Not every year is the same. Moreover, the price of bitcoin will not always increase in the end of a year. Therefore, be careful with your decision. You can earn more money if you find a right time to sell your bitcoin. My strategy is selling bitcoin whenever it hit the new peak. I know that the price of bitcoin will be dumped soon right after it hit the new highest peak. Then, I will buy bitcoin with a cheaper price
Indeed all sell when they feel that coin is showing prices in their favor and usually sell them off when the prices are increasing. This has been observed in case of bitcoin and the reason is usually the same. People do so just to enjoy some of the profit from their investments into bitcoin. Panic selling is also done by some innocent newbies who are totally unaware of the real potential of bitcoin.
full member
Activity: 560
Merit: 113
December 05, 2017, 09:46:10 PM
Usually i sell when i get around 15% to 25% profit, trading is just like gambling don't too much greedy.
To make it easier buy dip and sell low Smiley
full member
Activity: 644
Merit: 101
December 05, 2017, 09:34:25 PM
To decide to sell when on profit usually I used daily chart and specify the overbought area and which level price of that crypto havebeen reached before, so not depend on the percentage but depend on price level area and charting because volatility of crypto so high so if decide to take profit by percentage the price could be go higher again so we miss the bigger profit.
hero member
Activity: 672
Merit: 500
December 05, 2017, 10:10:30 AM
It does not hurt should you invest each.The advantage with precious metal is thatif in some  bitcoin's value collapses (which will ne wayver happen, but it might) the gold's value stay the same, so it really is for secure-maintaning. With bitoins, ct's unstable, butth enough research you can earn more from this. wiii
knowing every aspects that leads you to be a successful bitcoin traders will add some advantage to you in terms of making decisions, as far as what  we seen right now bitcoin still much better investment than gold in terms of gains, its still an argument whether bitcoin can be  a liable assets or may  collapse
any moment so better to have more knowledge before doing any actions.
There is always a right to for each and everything which you are planning to do in your life. You just need do identify the right thing for that thing. For selling, the best time to sell your coins which you have in your wallet is when the market price of that coin which you have is increasing significantly and by selling your coins, you can actually get some very handsome amount of money. Do not sell when the market is down.
hero member
Activity: 910
Merit: 509
December 05, 2017, 08:50:12 AM
It does not hurt should you invest each.The advantage with precious metal is thatif in some  bitcoin's value collapses (which will ne wayver happen, but it might) the gold's value stay the same, so it really is for secure-maintaning. With bitoins, ct's unstable, butth enough research you can earn more from this. wiii
Indeed, that is the right time to sell when your coin is in the pumping stage and providing you the maximum chances of earning large profits. I do this thing with my bitcoin because it is worth keeping only when you sell it off during the time when bitcoin is increasing furiously like at present, there are maximum chances that bitcoin will increase to 10,000 dollars by the end of December, cash it out then.
sr. member
Activity: 756
Merit: 294
December 04, 2017, 05:51:17 PM
when i reach to my aim precentages i decide to sell , i try not to get greedy , some times it is hard though!
but risk management and investment management are 2 absulute, forget the emotion and dont get greedy!

If you have set your goal and stricly follows it, you are getting rid of the emotion side of trading - which is good and beneficial to your health because you let emotions sink in to your trading, it is really stressful and can give you many sleepless nights.
member
Activity: 182
Merit: 16
bitcoin is love
December 03, 2017, 10:34:20 AM
when i reach to my aim precentages i decide to sell , i try not to get greedy , some times it is hard though!
but risk management and investment management are 2 absulute, forget the emotion and dont get greedy!
sr. member
Activity: 1470
Merit: 359
December 03, 2017, 10:24:39 AM
We should know the best time to sell our coins. Trading requires plan for us to make profit. We should wait to the moment that our coin rise up. We should have patience for us to wait the right time to sell our coins.
full member
Activity: 447
Merit: 108
December 03, 2017, 09:27:19 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?
Well, as for me i use to sell any time the percentage of my take profit is reach and not as a result of panic of the market fluctuations. Although, if i noticed that my take profit is taken a longer time to reach and my stop lost position is about to be reached i will have no options than to sell at lost which is also part the things that happen in trading crypto currency some time.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
December 03, 2017, 09:06:16 AM
For me, am not yet a trader, but read and have a little knowledge about trading. So, for the little coins I have, I sell it when there is a little rise or when I need it in cash. To every trader, they sell when there is a rise in the price of the coin they hold.
for small coins grabs drop or growth of 5% to buy and sell. This is how you can make money on the difference in price. But if we talk about Bitcoin, then the real price was 11,000 dollars to sell, and you can buy when it falls. She'll fall. That's for sure.
i sell my coins when i like it to sell or when i needed it to purchase something that i need or to something that i wanted. i keep myself not to sell it because i need a long term investment for my future not only for today but for lifetime money that can support all my needs.
sr. member
Activity: 448
Merit: 250
December 03, 2017, 07:16:42 AM
For me, am not yet a trader, but read and have a little knowledge about trading. So, for the little coins I have, I sell it when there is a little rise or when I need it in cash. To every trader, they sell when there is a rise in the price of the coin they hold.

That is the right thing to do as you cannot afford to hold altcoin for a long time as price can dump at any time and in that case you are likely to sell at lower price which will not be profitable for you so sell it when you are making at least some profits as you can buy it back at the dip.
full member
Activity: 1372
Merit: 137
December 03, 2017, 04:07:23 AM
For me, am not yet a trader, but read and have a little knowledge about trading. So, for the little coins I have, I sell it when there is a little rise or when I need it in cash. To every trader, they sell when there is a rise in the price of the coin they hold.
for small coins grabs drop or growth of 5% to buy and sell. This is how you can make money on the difference in price. But if we talk about Bitcoin, then the real price was 11,000 dollars to sell, and you can buy when it falls. She'll fall. That's for sure.
full member
Activity: 625
Merit: 100
December 03, 2017, 01:30:34 AM
For me, am not yet a trader, but read and have a little knowledge about trading. So, for the little coins I have, I sell it when there is a little rise or when I need it in cash. To every trader, they sell when there is a rise in the price of the coin they hold.
full member
Activity: 210
Merit: 100
December 03, 2017, 01:23:38 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?
When the market price charts begin to rise, and profits are already gained. That's when I will sell it
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