When do YOU sell? - page 51. | Bitcointalksearch.org

gabmen

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Quote from: 8Habits on August 31, 2017, 03:03:50 AM

Quote from: mast3rm1nd on August 31, 2017, 02:24:20 AM

the easiest I think is to have a % in mind and never look back; but if you can predict where the market is going then you're in for some serious profit.

You are right mate, you should have a fixed and pre-planned target % before you even make a trade - this is ideal because it removes the emotional aspects in trading most especially if the price goes down or goes up. You just got to set a certain target gain, open a sell position of the said gain and logout and only check it every couple of hours so you won't get affected emotionally of the price volatility.

Well.its not gonna hurt all the time if you become a little flexible with your target. It's good that you have a fixed target amount for selling but sometimes, if you're not the type of person who easily panics, its good if you can wait a little more and just use that target amount as basis for your selling rate

8Habits

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Quote from: mast3rm1nd on August 31, 2017, 02:24:20 AM

the easiest I think is to have a % in mind and never look back; but if you can predict where the market is going then you're in for some serious profit.

You are right mate, you should have a fixed and pre-planned target % before you even make a trade - this is ideal because it removes the emotional aspects in trading most especially if the price goes down or goes up. You just got to set a certain target gain, open a sell position of the said gain and logout and only check it every couple of hours so you won't get affected emotionally of the price volatility.

mroth7684

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Brace ur self.. sell when winter coming. Tongue

I usually sell when see people so panic and buy back when it's sell hard

mast3rm1nd

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the easiest I think is to have a % in mind and never look back; but if you can predict where the market is going then you're in for some serious profit.

bandungan

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Quote from: reliable on August 31, 2017, 01:36:03 AM

Quote from: hawkins on August 28, 2017, 10:18:46 PM

when bitcoin prices reach $ 5000, I would probably sell half of the bitcoin I save. Well, maybe i will use it for business purposes, but when bitcoin price goes down at that moment, maybe i will go back buy it.

Your target may be achieved soon as market have crossed 4600$ and should be there in couple of days if the upward trend continues. Probably this could be resistance level for bitcoin and if some more countries come in line with Japan and legalize the bitcoin then the price are set to rise and move quickly to new history.

I think that too, touching the $ 4600 price for a country like Japan seems to be realized smoothly because state policy to legalize bitcoin can actually make bitcoin prices an upward trend. but, for now there are still many countries that have not legalized bitcoin as a digital currency for payment. so to get the target price above $ 4600 will feel heavy.

ethereumhunter

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Quote from: Kiweikoo on August 31, 2017, 01:11:04 AM

Quote from: A.H.Rassel on August 30, 2017, 03:15:41 AM

I have put resources into Bitcoin for a more extended time and I have thought to stay in Bitcoin until the point that I don't have to utilize my cash as fiat.it appears that it is ideal for long haul which is the best for individuals who need to be a mogul

Yes, there is no doubt in it that holding the Bitcoins for long term will give you much more than now. Investing in Bitcoin is for sure very much profitable. But you cannot become a millionaire in just a night. So, you need to be patient.

i agree, the biggest problem that we should concern is to be patience because we need to waiting for some period if we want to take profit and if we don't have patience, then we are only selling in middle price and our profit can not be big money. the right time to sell is when the price is reach the highest price but its still difficult to determine when the price is come.

reliable

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Quote from: hawkins on August 28, 2017, 10:18:46 PM

when bitcoin prices reach $ 5000, I would probably sell half of the bitcoin I save. Well, maybe i will use it for business purposes, but when bitcoin price goes down at that moment, maybe i will go back buy it.

Your target may be achieved soon as market have crossed 4600$ and should be there in couple of days if the upward trend continues. Probably this could be resistance level for bitcoin and if some more countries come in line with Japan and legalize the bitcoin then the price are set to rise and move quickly to new history.

Kiweikoo

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Quote from: A.H.Rassel on August 30, 2017, 03:15:41 AM

I have put resources into Bitcoin for a more extended time and I have thought to stay in Bitcoin until the point that I don't have to utilize my cash as fiat.it appears that it is ideal for long haul which is the best for individuals who need to be a mogul

Yes, there is no doubt in it that holding the Bitcoins for long term will give you much more than now. Investing in Bitcoin is for sure very much profitable. But you cannot become a millionaire in just a night. So, you need to be patient.

Sled

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Quote from: abayan on August 30, 2017, 03:44:52 AM

Quote from: NRF on August 29, 2017, 12:08:17 AM

30% up and down... So mean when price down 30% I sell. And have 30% profit I sell

Thats not applicable in so many altcoin i think because some after dumping at 30% more it bounces back with a good ATH and some of the price hits more than 30% when pump but in any case its already okay if you sold in profit unlike others traders that they only sell when the market was already in dumping.

That is one of my strategy, if i don't have a clear target price to sell for my coins, i only do is watch the market and always monitor the price of that coin and if the price of the is nearly on the top or it is on the top then i will watch it more frequently so i can see any dump and if there will be a medium to big dump then i will just sell it and try to identify the support and resistance for another buy back or entry again for trading.

abayan

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Quote from: NRF on August 29, 2017, 12:08:17 AM

30% up and down... So mean when price down 30% I sell. And have 30% profit I sell

Thats not applicable in so many altcoin i think because some after dumping at 30% more it bounces back with a good ATH and some of the price hits more than 30% when pump but in any case its already okay if you sold in profit unlike others traders that they only sell when the market was already in dumping.

A.H.Rassel

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I have put resources into Bitcoin for a more extended time and I have thought to stay in Bitcoin until the point that I don't have to utilize my cash as fiat.it appears that it is ideal for long haul which is the best for individuals who need to be a mogul

8Habits

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Quote from: richmcrich on August 30, 2017, 02:24:09 AM

Quote from: Sled on August 26, 2017, 08:56:37 PM

Quote from: strunberg on August 26, 2017, 04:24:37 PM

Quote from: YTBitcoin on August 26, 2017, 04:20:05 PM

Quote from: Gambler_btc on August 24, 2017, 03:33:09 AM

First of all you need a strategy.
If you don't have one - you are a gambler, not a trader.

That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling.

Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future.

It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket.

Yes, the selection of time for selling off coins is totally dependent on trader. If the trader wants huge profits, he/she is going to go for long term trading that too with bitcoins. But if one wants immediate profits, he/she will go for short term trading that too with altcoins.

It is true and really depends of individual preferences as to the strategy of trading - whether long or short trades. I really love doing short trades like having a goal of jsut 2-3% per trade - yes, it is very little amount but I love the feeling of having many small wins compared to stressing myself in holding for long and see lots of reds around the chart

richmcrich

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Quote from: Sled on August 26, 2017, 08:56:37 PM

Quote from: strunberg on August 26, 2017, 04:24:37 PM

Quote from: YTBitcoin on August 26, 2017, 04:20:05 PM

Quote from: Gambler_btc on August 24, 2017, 03:33:09 AM

First of all you need a strategy.
If you don't have one - you are a gambler, not a trader.

That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling.

Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future.

It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket.

Yes, the selection of time for selling off coins is totally dependent on trader. If the trader wants huge profits, he/she is going to go for long term trading that too with bitcoins. But if one wants immediate profits, he/she will go for short term trading that too with altcoins.

rocketbits

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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?

It’s a very hard decision to make though noting the fact that bitcoin price is always on the rise and you could sell and then the price goes higher and then you start regretting why you didn’t .

NRF

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30% up and down... So mean when price down 30% I sell. And have 30% profit I sell

Sled

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Quote from: Soots on August 28, 2017, 11:34:14 PM

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 it can buy a house and lot or a lambo hehe thats my goal of selling my coins but im doing short trade and thesame time i have some stored coins my ledger for the longterm purpose

I can say that you are in a safe position because you have a savings from your ledger or hardware wallet which is like an asset because it will give you profits when the price spikes and you also have bitcoins for short trade which is really good because it will help you to grow your capital into a bigger amount and because of that you can put more savings into your ledger for long term holdings.

Soots

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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?

when it can buy a house and lot or a lambo hehe thats my goal of selling my coins but im doing short trade and thesame time i have some stored coins my ledger for the longterm purpose

Bagaji

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Quote from: lisa255 on June 02, 2017, 09:51:06 AM

I am engaged in investment activities on the Internet, so I sell my coins as needed. Yes, I sold some of them at a low price. But I do not regret it. At that time it was the right decision and I managed to make money on it

After taking a decision to sell low how then do you manage to make your profit from selling at the lower market value or price. To me selling low means that you sell below your cost of purchase if that is true how then do you make profit from your investment.

hawkins

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when bitcoin prices reach $ 5000, I would probably sell half of the bitcoin I save. Well, maybe i will use it for business purposes, but when bitcoin price goes down at that moment, maybe i will go back buy it.

reliable

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Quote from: TheGreatPython on August 24, 2017, 03:30:43 AM

From my own point I think you should sell when the market price is very high and you can predict its going to start plunging soon. With that mindset all you’re going to be doing is just watching the charts and keep noticing any slight change in prices.

Well if you do not have a good risk appetite then its better to keep selling fractional btc at regular intervals whenever the prices keep rising. If you have patience then you should hold btc for a long term perspective because the best gains are earned when you hold for longer period of time.

Topic: When do YOU sell? - page 51. (Read 52154 times)