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Topic: When do YOU sell? - page 36. (Read 52152 times)

sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
October 17, 2017, 05:55:22 PM
Why sell, when you can margin sell and buy back while still holding ? Smiley
Damn, you guys need to learn how things works ! Let's say you have 100$. You buy 100$ worth of smth-coin, but you do it with margin. Let's say, you have a x2 margin, well, you then proceed to put all your money on the margin account, and buy 100$ from that. What you did is, you invested 100$, you are holding, and still have 100$ in case of collateral. If it goes up soon after you bought, then sell ! I mean, like, 3 / 5 / 10 %, depending on your feeling about this. If it goes down, you still have 100$ in your pocket, so, best thing to do is buy again, at that low price.

By doing that, you lower the equity threshold at the pondered sum between your two calls. If you bought 100$ again, you will only need a half-recover to have equity. If you go back to the original price, you have won half of the difference between your first and second buy. If it goes up, you will have 50% more gains than if you did not proceed like that.

And by proceeding like that, you have the same risk as investing without margin, but you can gain tremendously on dips. The ones you don't expect when you wake up in the morning.

Every day when i wake up, i smile, whether it is up or down :p
full member
Activity: 364
Merit: 100
October 17, 2017, 04:40:40 PM
Today I sold some of my coins. The price is now high and I got a very good profit from this. The rest of the coins I will keep for several years. I am sure that this will bring me even more profit
member
Activity: 364
Merit: 10
October 17, 2017, 04:08:15 PM
If its indeed required to sell, i sell when the value of bitcoin comes bit low. It would be bit clever idea to sell the bitcoins we have now as the value has increased too much.
hero member
Activity: 2338
Merit: 517
Catalog Websites
October 17, 2017, 03:17:53 PM
I dont see the price when selling i just work for bitcoin and earn and keep them safely in desktop wallet when ever i am in need of fiat currency for my expenses i just convert bitcoin to fiat currency and use it. balance i just keep for long term

Yeah, me either I don't sell it now and I don't intend to sell it if there's no need to do it. And right now what I'm doing is just I keep on holding because there will be a good time to see bitcoin have greater value in the future. And if there will be a good time that I want to have some good time and want to treat my friends and especially myself and my family, I just sell it whenever I want to because they are even more valuable to me, occasionally  it's good to sell some.


Probably my strategy would be like this sell whenever it reach the offer between 20-30% in minimum offer but if much higher from this chances will gain bigger profit. You always have to be patient and continue manitoring the prices everyday because we can not hold it forever as you know gonna last forever.

20%-30% gain is already a big profit considering that there are times that the price of bitcoin moves slowly. What's happening is the more you'll wait for the higher price is the chance that you can also lose because sometimes the price are even moving to the lowest in the quickest times. But if you want to hold for a longer time that's going to give you a lot of profit but you should set yourself on how long you are willing to hold and being patient is the key to it.
hero member
Activity: 2786
Merit: 657
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October 17, 2017, 02:25:03 PM
I currently sell and don't sell my bitcoin now because I usually sell 20% of my monthly earning when I need some urgent cash but I sell most when the price surge. However, I'm thinking of selling the 80% when bitcoin reach the 21 million.
Smiley
sr. member
Activity: 574
Merit: 256
October 17, 2017, 01:39:43 PM
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 do sell my coins/investments when it reached my target percentage usually my target is 30-50% of total investment. So when it reached 30%-50% i will sell it and the re invest it.
Well, and I think you will need to wait for a long time until your goal is complete, hope you divide the capital appropriately, should not focus on one place, that will make you miss many investment opportunities that can help you make a lot of money. Personally, I usually divide the capital into 2 parts, one part that I use to hold the altcoin potential for a long time, and I usually determine the price I will sell before I buy, the rest is I use to trading day and trading in the short term, normally, my target is 5-10% of total investment, this is a pretty safe figure
I think the bitcoin is good for all of the people so I would like to wait till the price of the bitcoin will be higher and the investors will get the huge income from the bitcoin. Selling the bitcoin at the low price is a very bad decision to hold the bitcoin and wait till the price of the bitcoin will be more than this, in the future the price of the bitcoin the value will be more than this so buying is the good option.
member
Activity: 126
Merit: 10
October 17, 2017, 04:39:53 AM
you can follow the so called "technical indicators" http://www.investopedia.com/terms/t/technicalindicator.asp

these are concepts that have been developed throughout the years, were people believe that the market follows some specific trends, and it does - if you learn to read these indicators you will be able to decide when to buy and sell, and how to make a profit in the long-term. It's defnitely not easy and you should train first with a paper wallet account (that's an account were you trade with "fake" money, in order to test and train your skills) after becoming good at that, you should considering starting with a small trading stack, and work your way up, by following groups, people and discussions with other traders
sr. member
Activity: 491
Merit: 250
October 17, 2017, 01:55:03 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 if I have earned a profit of at least 5% but if I need funding for an emergency I will soon sell it even if there is little profit I get, so it all depends on the conditions and situation
There is hardly any reason to deny this fact that plan of selling the bitcoin greatly depends on the underlying conditions and circumstances. In normal days, I do not prefer to sell my bitcoins as selling of bitcoin can give me not that much of profit as compared to that of holding of bitcoin. But when I do sell, I make sure that I get at least 30% of the profit.

sr. member
Activity: 336
Merit: 250
October 16, 2017, 11:44:39 PM
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?

peak price is still hard to predict right now, I would suggest just set your own price where you want to sell it, but it will be better just to keep it.
sr. member
Activity: 336
Merit: 250
October 16, 2017, 11:43:25 PM
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?
full member
Activity: 337
Merit: 195
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October 16, 2017, 10:52:02 PM
First you have to learn how to read the chart. I learned it by searching and watching videos. Analyzing the charts really helps on when is the time you have to sell.
member
Activity: 82
Merit: 10
October 16, 2017, 09:43:02 PM
Well, as far as trading is concern here probably the were you have to sell your product is when there is a higher amount of, higher value maybe because if you sell your product in lower amount maybe your'e gonna lose. Basically it depends upon to your strategy in order to have more profitable income. You should search also a banks, companies who are responsible in changing your coins..Thank's
full member
Activity: 168
Merit: 120
October 16, 2017, 09:39:11 PM
If you don't the value is not the high or eligible for your standard then I guess just leave your wallet in there because it might be use for special or emergency purpose for example you don't have a load then you can use it or your love ones or relatives needing money then you can use your bitcoin or for paying of other billings. The right time to sell bitcoin is if based on your analysis and observation in forums or articles of bitcoins is increasing and mostly in demand then that might be the right time to sell your bitcoins.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
October 16, 2017, 09:37:18 PM
when bitcoin reach 6k ill sell all my bitcoin. im hold it  till if reach that vàlue. i bought bitcoin at 5300$ so i expect to sell if at 6k $
it's 5700$ now on wex so I think bitcoin price will reach 6k$ soon
full member
Activity: 364
Merit: 130
October 16, 2017, 09:09:06 PM
While you're doing a long term investment, I believe that you have a specific target time to cash out some of your asset or even all of your asset. Just Like I did, I will decide to cash out some of my crypto currency asset in around 5 years forward, and left the rest for my old age. Even So, I would like to sell it when it's on a peak price in that time. That's why, the long term investment are better than other strategies. The other side, I also doing active trade with my 20% of wealth.
member
Activity: 95
Merit: 10
October 16, 2017, 07:16:20 PM
I won't sell my btc until I have a very big amount of them or a bubble "coming up" (selling all If I can do it) until then I try to increase my amount of btc by trading. I also invest that amount in btc, what I can spend without needing it.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 16, 2017, 06:53:36 PM
when bitcoin reach 6k ill sell all my bitcoin. im hold it  till if reach that vàlue. i bought bitcoin at 5300$ so i expect to sell if at 6k $
sr. member
Activity: 734
Merit: 250
October 16, 2017, 04:16:33 PM
I sold today hope it wasnt panic sell but charts looking not good and market also.
Standard only, I will sell it periodically (when the prices is going up).
This is my strategy and I do this after doing the analysis in several markets and reading news online, Only then did I make a decision.

It was really hard to wait but i think it will be worth since the value in the market is now increasing again from the tragedy dealt of ico's in the china being banned. People and company who invest last month gained 100% profit today since the price go back to normal again.

I feel you mate - it is really not that easy to be patient to wait to sell your altcoins especially with the prevailing reds and bad news against cryptocurrencies but it is worthy of noting that the more patient we become the more rewarding will it be. Just like what Warren Buffet said that the one who will be going to earn more in cryptocurrency world will be the one having most patience...
Patience is indeed a key to success. If you are not patient, then there is no way that you can make good money and that too from bitcoin. I am personally not in favor of selling my bitcoins till the time I have some other way of meeting my needs. In case, there comes a situation when I am left with no other option, only then I go for selling.
full member
Activity: 798
Merit: 104
October 16, 2017, 04:06:34 PM
I dont see the price when selling i just work for bitcoin and earn and keep them safely in desktop wallet when ever i am in need of fiat currency for my expenses i just convert bitcoin to fiat currency and use it. balance i just keep for long term

Yeah, me either I don't sell it now and I don't intend to sell it if there's no need to do it. And right now what I'm doing is just I keep on holding because there will be a good time to see bitcoin have greater value in the future. And if there will be a good time that I want to have some good time and want to treat my friends and especially myself and my family, I just sell it whenever I want to because they are even more valuable to me, occasionally  it's good to sell some.


Probably my strategy would be like this sell whenever it reach the offer between 20-30% in minimum offer but if much higher from this chances will gain bigger profit. You always have to be patient and continue manitoring the prices everyday because we can not hold it forever as you know gonna last forever.
hero member
Activity: 2338
Merit: 517
Catalog Websites
October 16, 2017, 02:55:31 PM
I dont see the price when selling i just work for bitcoin and earn and keep them safely in desktop wallet when ever i am in need of fiat currency for my expenses i just convert bitcoin to fiat currency and use it. balance i just keep for long term

Yeah, me either I don't sell it now and I don't intend to sell it if there's no need to do it. And right now what I'm doing is just I keep on holding because there will be a good time to see bitcoin have greater value in the future. And if there will be a good time that I want to have some good time and want to treat my friends and especially myself and my family, I just sell it whenever I want to because they are even more valuable to me, occasionally  it's good to sell some.
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