When do YOU sell? - page 43. | Bitcointalksearch.org

rtinedal

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Quote from: 8Habits on September 04, 2017, 04:32:21 AM

Quote from: rtinedal on September 04, 2017, 04:07:13 AM

Quote from: Blackout1321 on June 02, 2017, 08:19:28 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?

When I sell it is usually 100% to 50%. but my weekly hold that. more technical analysis just for sure like this scenario. when prices and volumes are rising still holding. then you have to sell enough to profit.

That is a very big profit there: 50% - 100% in your trade and you noted that it is weekly. I guess you are trading with low price altcoins and waiting for sharks to pump it on any given day of the week?

not all altcoin will get 50-100% of the price increase but there is another like ethd that's over 100% so I sold it. you're very cheap price I bought it and maybe a pump because of the hype.

ivanst776

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Quote from: neonshium on September 27, 2017, 01:16:58 AM

Quote from: gabmen on September 14, 2017, 07:47:47 AM

Quote from: Portia12 on September 14, 2017, 07:25:13 AM

when bitcoin will be one million dollar each. maybe next year ill hold it because i dont need money now i have some cash. ill go for long term investment for it .

Good for you that you have that chance to keep your btcs untouched. Though i don't think you'll see that one to a million btc/dollar ratio. I plan on doing the same, to keep my btcs as long as possible and sell it when it reaches a life changing amount

I usually sell my products for bitcoins and trade my bitcoins during the pump period when the prices of bitcoins are rising day by day, and buy products online for altcoins to buy maximum bitcoins during the dump period when prices of bitcoins are falling as this is the most possible way of earning money as much as I can.

If you are in a trading environment, your call is not actually a good one. Watch the news, if the news gives every possibility of a dip on bitcoin, you can most definitely sell and buy again at dip. This will definitely give you more bitcoin and more profit when it comes back rising again.

Still, I cannot tell you to do this if you are not a pro trader and you are only use to the usual altcoin market alone before you end up selling at the wrong point and blaming me for your mistakes.

zanezane

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Quote from: Exidous on September 25, 2017, 05:42:08 AM

depend on what coin I invest. for altcoin under top 50. x2 is target. and for top 10. 10-15%

Probably a good diversion.
We should know always what coins should be hold for short and long term so we can know how we can profit to it. And if you already determine, set a benchmark in each and watch closely the market so you won't miss anything of your target profit.

neonshium

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Quote from: gabmen on September 14, 2017, 07:47:47 AM

Quote from: Portia12 on September 14, 2017, 07:25:13 AM

when bitcoin will be one million dollar each. maybe next year ill hold it because i dont need money now i have some cash. ill go for long term investment for it .

Good for you that you have that chance to keep your btcs untouched. Though i don't think you'll see that one to a million btc/dollar ratio. I plan on doing the same, to keep my btcs as long as possible and sell it when it reaches a life changing amount

I usually sell my products for bitcoins and trade my bitcoins during the pump period when the prices of bitcoins are rising day by day, and buy products online for altcoins to buy maximum bitcoins during the dump period when prices of bitcoins are falling as this is the most possible way of earning money as much as I can.

tatalin

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Quote from: Blackout1321 on June 02, 2017, 08:19:28 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?

Whenever you buy a coin, always set your target profit and when will you cut loss. It depends on what is your target profit, depending on what your TAs is, or what did others say. But if you will decide, 5-10% profit will do for a short term trading. And if you are a long term trader, 100% and above.

micher143

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Quote from: onrise on June 02, 2017, 08:38:30 AM

I sell at regular intervals whenever I get btc and keep in mind x% of profit. Whenever it reaches that I sell of majority of it and keep small as a future investment. Rest all are sold immediately considering the btc price volatility and its future in respective country.

It is not bad to deal with selling because it could give you a chance to earn and to have a profit. But before you try to deal with selling your Bitcoin you must need to also learn the system of Bitcoin in terms of transactions and trading so you could have the better decision you could ever do.

rickadone

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Quote from: patrickmh on September 14, 2017, 12:31:36 AM

I haven't sold my bitcoins yet as its an long term investment for me but I do trade with different altcoins and I sell them when I am in a good position and have decent profits from it as I don't believe in holding altcoins longer as it can be very risky and may bring loss for me.

Good way for long term trading once you know you at least don't need it instantly as that can definitely hold down your coin. That was the reason I mentioned once that everyone knows what works best for them so it is best to stick to that, practice it well to make good decisions. However, it is best for you to follow the news at times instead of just buying in dips thinking everything is alright. Some coins can experience huge dips when they want to be delisted from the exchange and that my brother, can be a huge loss for you.

FrayDigger

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Quote from: 8Habits on September 26, 2017, 05:19:37 AM

Quote from: Lecsor on September 25, 2017, 02:40:52 PM

Quote from: FrayDigger on September 25, 2017, 07:16:16 AM

I have the common question. How do you understand whn you should to sell your coin? How do you determine it?

I sell the coin when she gave me the profit I planned to get. Then again I buy it if the price is very low. So I get a profit with one coin permanently

The very established and undying principle of buying low and selling high should always prevail in your trading.. Although this is very basic, there are really many traders who fall short in following this due to emotional trading.

Thank you!

8Habits

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Quote from: Lecsor on September 25, 2017, 02:40:52 PM

Quote from: FrayDigger on September 25, 2017, 07:16:16 AM

I have the common question. How do you understand whn you should to sell your coin? How do you determine it?

I sell the coin when she gave me the profit I planned to get. Then again I buy it if the price is very low. So I get a profit with one coin permanently

The very established and undying principle of buying low and selling high should always prevail in your trading.. Although this is very basic, there are really many traders who fall short in following this due to emotional trading.

Lecsor

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Quote from: FrayDigger on September 25, 2017, 07:16:16 AM

I have the common question. How do you understand whn you should to sell your coin? How do you determine it?

I sell the coin when she gave me the profit I planned to get. Then again I buy it if the price is very low. So I get a profit with one coin permanently

Buckwheet

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Quote from: 8Habits on September 25, 2017, 11:17:06 AM

Quote from: gilangIDR on September 25, 2017, 07:11:21 AM

Quote from: ocid on September 25, 2017, 04:57:39 AM

I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.

The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks.

that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase.

that is the safe way to trade. but people need make more money so they set target higher.

8Habits

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Quote from: gilangIDR on September 25, 2017, 07:11:21 AM

Quote from: ocid on September 25, 2017, 04:57:39 AM

I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.

The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks.

that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase.

kkofor

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we always say sell when get profit but no one here say about cut loss. sometime we need sell because nothing good coming

FrayDigger

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I have the common question. How do you understand whn you should to sell your coin? How do you determine it?

gilangIDR

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Quote from: ocid on September 25, 2017, 04:57:39 AM

I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.

The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks.

Saoha

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Quote from: Blackout1321 on June 02, 2017, 08:19:28 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?

I sell when Bitcoin and Altcoin are trending down or vice versa when it's trending up but at an increase I think it is appropriate to sell to wait for a low price and a suitable buy back. You need to "sell greed and buy fear" you will succeed. The timing of buying and selling is extremely important. It depends on your judgment!

Exidous

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depend on what coin I invest. for altcoin under top 50. x2 is target. and for top 10. 10-15%

Duogembrot

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I only sell bitcoin or sell some coin assets if I only need money, if I am not in need of money then I just keep in the market wallet that I believe. if in % will only sell 25% only.

ocid

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I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.

gabmen

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Quote from: 8Habits on September 24, 2017, 06:27:29 AM

Quote from: duyduc256 on September 22, 2017, 11:38:04 AM

I usually sell when I gain 5-20% of the profits from the altcoin business. I think if I did not sell at the time then surely the altcoin would drop because the whale and the investor would sell very quickly.

I am even ok with 3% gain because it gives me confidence and a sense of assurance everytime my tradingview gets notifications that I have just earned 3%. With .5 btc, in each trade, getting 3% gain is god enough but when your bankroll is small, you really can't appreceiate much your earnings..

Well with how the market is moving today, with some uncertainties of how the exchanges in china will unfold, even a 5% profit would be good enough for me. That's for trading alts as i'm holding to my btcs for better or for worse

Topic: When do YOU sell? - page 43. (Read 52139 times)