When do YOU sell? - page 57. | Bitcointalksearch.org

batang_bitcoin

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Quote from: GlassMaster on August 04, 2017, 08:12:28 AM

I sell then when I get the best profit for me. I see no reason to panic and stay not only without profit, but also to lose some of the money. But I also have a little money for a long-term perspective.

Surely there's no reason to panic for now. The price is very positive and increasing it can be good to consider this time to sell. Don't be too greedy, any moment for now there will be a dump as it's used to the panic. And just wait for another entry point after selling and just buy back again when the price was starting to become lower.

VenceyBit

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Quote from: Slowhand26 on August 05, 2017, 08:54:31 PM

I am really glad, I learned a lot on this thread alone Cheesy

now I can play "safely" with altcoins and trading without worrying so much. One thing I learned here is don't trust your emotions, just be patient

still learning though, need to read and read

Everyday is a learning process, I/we learn from our mistakes and from our experience we lessen our mistakes and make good decisions in trading. Yes, patience is the key and Bitcoin is worth the hodl. So hold and make more bitcoins for this will change our lives in the future.

gabmen

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Quote from: Slowhand26 on August 05, 2017, 08:54:31 PM

I am really glad, I learned a lot on this thread alone Cheesy

now I can play "safely" with altcoins and trading without worrying so much. One thing I learned here is don't trust your emotions, just be patient

still learning though, need to read and read

Right. Good thing about this is that the learning never really stops. Evrry situation you've been into, every tip you get from more experienced traders, every mistake you made, all this adds up to make us a better decision maker when it comes to trading coins.

Slowhand26

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I am really glad, I learned a lot on this thread alone Cheesy

now I can play "safely" with altcoins and trading without worrying so much. One thing I learned here is don't trust your emotions, just be patient

still learning though, need to read and read

wahb

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Quote from: Cocobrayy on August 05, 2017, 12:30:02 AM

I think the best time to sell is when coin coins are all for a high price and that's when we're lucky, so while the coin coins we've hold and we have to spend capital and have to buy as much as possible and hold the coins - Wait for the price increase. And if bitcoin prices go higher then this is the best time to sell them.
Could be more profitable for us.

some time it become very difficult for us to take a right decision, i think we need to have good study about the market so that we can become more confident while taking a decision. we can see that there are so many people who have good experience in trading and they are also studying the market on regular bases which enable them to study the market.

bitbob82

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Quote from: Cocobrayy on August 05, 2017, 12:30:02 AM

I think the best time to sell is when coin coins are all for a high price and that's when we're lucky, so while the coin coins we've hold and we have to spend capital and have to buy as much as possible and hold the coins - Wait for the price increase. And if bitcoin prices go higher then this is the best time to sell them.
Could be more profitable for us.

although we need to sell when we realize that we can now get a good profit, but still i think that the present time is the best time to hold bitcoin for some more time. i think i will waif for the time when bitcoin price will reach to 5000$ otherwise i will continue holding my bitcoin.

Webetcoins

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Quote from: nasibakar on August 04, 2017, 03:36:10 AM

Selling should be as higher as you can but you have to make it sure during pumping,
so you will know the movement and you know when to exit.
It is better not too greedy, exit at some point at least 10%-20% and cooling down.

Yeah! Too much greed leads to destruction. One has to be really very cautious when about to sell. Selling is somehow complicated than buying. Selling bitcoins at a wrong time will produce a big loss whereas selling off coins the prices are high can let you enjoy enormous profit.

Japinat

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Quote from: Cocobrayy on August 05, 2017, 12:30:02 AM

I think the best time to sell is when coin coins are all for a high price and that's when we're lucky, so while the coin coins we've hold and we have to spend capital and have to buy as much as possible and hold the coins - Wait for the price increase. And if bitcoin prices go higher then this is the best time to sell them.
Could be more profitable for us.

If that's what you believe then we should sell bitcoin now, price has increase now and already break it's all time high.
Bitcoin keeps surprising us and we have seen it is breaking it's own record and we should trust our money as it will grow as it is put longer to it.
No doubt some are happily selling their bitcoins now but those smarter and has a great vision for the future will be waiting for more increase.

Cocobrayy

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I think the best time to sell is when coin coins are all for a high price and that's when we're lucky, so while the coin coins we've hold and we have to spend capital and have to buy as much as possible and hold the coins - Wait for the price increase. And if bitcoin prices go higher then this is the best time to sell them.
Could be more profitable for us.

Casdinyard

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Quote from: Coffee2015 on August 04, 2017, 03:37:29 AM

It is actually better to know your own target and objective,
why do you want to buy such coin?
is it for investment and long term?
so HODL is the best, probably do not sell it. Keep it as investment and later you can sell it (after a very long time).

Correct. And if its not necessary to sell, just hodl it.
Many of us are tempted when we have a huge amount of coins, like we want to convert it or invest.
We have many thoughts in our mind like what we really gonna do.
Just keep in our mind that if we sell it we will miss the greatest opportunity in our life

Gameroid

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Quote from: nasibakar on August 04, 2017, 03:36:10 AM

Selling should be as higher as you can but you have to make it sure during pumping,
so you will know the movement and you know when to exit.
It is better not too greedy, exit at some point at least 10%-20% and cooling down.

but to me currently i do not have any intention to sell my bitcoin but i will like to hold it for the price increase. because i am sure about the price of bitcoin that it will continue increasing for a long time and hope that very soon the price of bitcoin will cross 5000$ and will even proceed further. therefore i think selling bitcoin in the present condition will not be a right decision.

GlassMaster

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I sell then when I get the best profit for me. I see no reason to panic and stay not only without profit, but also to lose some of the money. But I also have a little money for a long-term perspective.

8Habits

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Quote from: nasibakar on August 04, 2017, 03:36:10 AM

Selling should be as higher as you can but you have to make it sure during pumping,
so you will know the movement and you know when to exit.
It is better not too greedy, exit at some point at least 10%-20% and cooling down.

I even prefer gain of just 1% ten times in a single day or two than one time 10% gain because the latter is quite hard and sometimes long to achieve versus the former. The former is good for short term or day trade style of trading.

Coffee2015

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It is actually better to know your own target and objective,
why do you want to buy such coin?
is it for investment and long term?
so HODL is the best, probably do not sell it. Keep it as investment and later you can sell it (after a very long time).

nasibakar

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Selling should be as higher as you can but you have to make it sure during pumping,
so you will know the movement and you know when to exit.
It is better not too greedy, exit at some point at least 10%-20% and cooling down.

weblouartisan

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Im usually waiting, before i started trading im running a mining rig so the value dont matter to me that much, But also try to choose on what coins your going to invest. Trading is like buy and sell, Since i have my own mining rig, Im just waiting for my coins value to rise up while your'e earning your'e passive income. Maybe my way is slow but im trying not to lose much money. So the secret is waiting and good analyzation before starting.

Paid Piper

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Quote from: HasHe on August 03, 2017, 11:28:35 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?

In bitcoin,i do investment in a long term basis and so i don't bother about shot term fluctuations.For investing in altcoins,i set a profit margin of 5% or 10% and as soon as i reach that target,i just sell my coins and invest in another coin.

yes long term investment is really a good choice i think those people who want to make money in a safe way then they should try to invest their money for long term where there is low risk of losing money.

HasHe

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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?

In bitcoin,i do investment in a long term basis and so i don't bother about shot term fluctuations.For investing in altcoins,i set a profit margin of 5% or 10% and as soon as i reach that target,i just sell my coins and invest in another coin.

Capradina

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Quote from: MyIdeas on July 31, 2017, 05:48:33 PM

Quote from: shamzblueworld on July 16, 2017, 01:41:32 AM

Sometimes too early, sometimes too late... but that is all part of the learning experience. But mostly for me its the amount of profit I'm getting. I personally very rarely do the calculations and figure out all the percentages, mostly its just straight forward for me, I bought it at 10, its 15 now, looks good probably will not go much high(although I am mostly wrong), sell.

I agree with you that wrong decisions are the part of learning trading. Your strategy is not bad. It’s wise to sell bitcoins when they have reached your expected and desired values. Too much greed can make you a loser. Sometimes it’s good to take experts’ advice.

A advantage comes from the things we do with our hard work, and if we don't have the level of hard work is good then already ascertained the advantages will not or rarely we get. because it is a hard work, would help us in understanding something and our obligation to also do the self control or everything will fall apart. So if we want to benefit, then the multiply experience and hard work. Because the only thing that can give us a favorable thing

dunfida

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Quote from: Gaff on August 02, 2017, 07:41:49 AM

Quote from: fancy_pants on August 02, 2017, 02:07:12 AM

Quote from: Farma on August 01, 2017, 10:38:08 PM

Quote from: evader11 on August 01, 2017, 07:39:08 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?

It depends sir. There are many traders are selling their cryptocurrency at 20-30%, and that is the minimum pump of a coin. There some traders also, mostly professional trader are not selling their on percentage profit because there is a go signal when to sell by watching candle sticks, watch the price and etc.

Maybe selling it now is a good thing. But just in case, maybe the end of the year is a great opportunity to sell bitcoin. Well, at that time I'm sure bitcoin prices will surely go up high. But if you have other plans, I do not think it's a problem to sell them at the moment.

Yes if you have bought your bitcoins at lower price in the past then there is nothing wrong in selling them at a moment as this price can be treated as an good price to make good profits but if you are expecting even higher profits then better to wait till the end of the year.

Maybe in my case I will sell my btc when it has higher prices because no matter what it will change the value in the long run. Though there are many speculations that are happening right now but despite the situation I will still keep going on. It won't change the fact that bitcoin has many high and low of increasing its price. As much as possible I will take the risk.

Prices do really move on both ways either up or down but eventually it end up on rising its price in longer runs which somehow we can assure that we can really make money if we tend to hold up bitcoins for long terms. As a trader or investor the time we do sell is when we do already see that we are already on profits and theres no dumb person would sell on lose unless if you are panic selling you will surely sell your bitcoins on cheaper prices.

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