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Topic: When do YOU sell? - page 65. (Read 52154 times)

newbie
Activity: 45
Merit: 0
July 10, 2017, 08:03:59 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 usually calculate my upcoming profits after buying something, when I reach that profits, I will sell them instantly, I don't want to loose money just because I am greedy.
sr. member
Activity: 756
Merit: 250
July 09, 2017, 10:52:17 PM
I'm not selling or having some plan to sell because all i do is buying and keeping bitcoins for long term instead of selling and missing opportunity to be rich soon. I don't need to have a plan for selling because based on the things that i read and i feel about bitcoin, it seems that it is perfect for long term which is the best for people who want to be a millionaire.
Actually, I’m not ready to sell my bitcoin and I would rather to hold it than to sell it. I also agree that holding bitcoin will help to become rich someday because I know that the price of bitcoin will increase in the near future. Holding is one the best strategy that you can do if you want to make a good profit.
Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy Smiley

Never forget about your investments. This is a very difficult job and you always need to follow the news and price fluctuations. Thanks to this you can always wisely adjust your investment portfolio
Personally, I'm ready to sell my cryptocurrency when I like the price
Basically this is an investment. So as a investor you must keep your eyes and ears open. Because the variation of exchange rate/value of the Bitcoin is the most important part foe an investor. Whenever the value of Bitcoin reaches your target value or a handsome rate, the smart investor will sell his Bitcoin in order to gain the profit.


We cannot really determine the sweet spot of bitcoin because it somehow increases in an instant and then decreases a little - there is so much volatility which makes it exciting. I prefer to have some percentage of your bitcoin to sell and a big portion to hold because the future of bitcoin seems really bright.
I'm tired that you need constant attention and follow the exchange rate of Bitcoin. If you constantly watch the schedule, then calculate the time of the fall or growth Bitcoin will be easy enough. But this takes time.
sr. member
Activity: 756
Merit: 294
July 09, 2017, 07:49:55 PM
I'm not selling or having some plan to sell because all i do is buying and keeping bitcoins for long term instead of selling and missing opportunity to be rich soon. I don't need to have a plan for selling because based on the things that i read and i feel about bitcoin, it seems that it is perfect for long term which is the best for people who want to be a millionaire.
Actually, I’m not ready to sell my bitcoin and I would rather to hold it than to sell it. I also agree that holding bitcoin will help to become rich someday because I know that the price of bitcoin will increase in the near future. Holding is one the best strategy that you can do if you want to make a good profit.
Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy Smiley

Never forget about your investments. This is a very difficult job and you always need to follow the news and price fluctuations. Thanks to this you can always wisely adjust your investment portfolio
Personally, I'm ready to sell my cryptocurrency when I like the price
Basically this is an investment. So as a investor you must keep your eyes and ears open. Because the variation of exchange rate/value of the Bitcoin is the most important part foe an investor. Whenever the value of Bitcoin reaches your target value or a handsome rate, the smart investor will sell his Bitcoin in order to gain the profit.


We cannot really determine the sweet spot of bitcoin because it somehow increases in an instant and then decreases a little - there is so much volatility which makes it exciting. I prefer to have some percentage of your bitcoin to sell and a big portion to hold because the future of bitcoin seems really bright.
hero member
Activity: 700
Merit: 500
July 09, 2017, 01:53:32 PM
I'm not selling or having some plan to sell because all i do is buying and keeping bitcoins for long term instead of selling and missing opportunity to be rich soon. I don't need to have a plan for selling because based on the things that i read and i feel about bitcoin, it seems that it is perfect for long term which is the best for people who want to be a millionaire.
Actually, I’m not ready to sell my bitcoin and I would rather to hold it than to sell it. I also agree that holding bitcoin will help to become rich someday because I know that the price of bitcoin will increase in the near future. Holding is one the best strategy that you can do if you want to make a good profit.
Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy Smiley

Never forget about your investments. This is a very difficult job and you always need to follow the news and price fluctuations. Thanks to this you can always wisely adjust your investment portfolio
Personally, I'm ready to sell my cryptocurrency when I like the price
Basically this is an investment. So as a investor you must keep your eyes and ears open. Because the variation of exchange rate/value of the Bitcoin is the most important part foe an investor. Whenever the value of Bitcoin reaches your target value or a handsome rate, the smart investor will sell his Bitcoin in order to gain the profit.
full member
Activity: 350
Merit: 100
July 08, 2017, 12:01:40 AM
I sell then when the price reaches the desired mark and brings me the planned profit. I have several coins for a long-term perspective.
Me too, I decided to sell when the price of it matches my calculations. I have plenty of coins in my investment for future purposes and I'm not planning to sell them yet. I need more time the value doesn't match my planned profit.
full member
Activity: 142
Merit: 100
July 07, 2017, 05:29:05 AM
I sell then when the price reaches the desired mark and brings me the planned profit. I have several coins for a long-term perspective.
legendary
Activity: 1512
Merit: 1041
July 07, 2017, 03:49:33 AM
i sell my token or coins if i see that i already have a good for it the more higher the price the good profit you have lets say you already have a 100% to 200% or 300% of your investment for me i will sell it my hodings thats a very good profit this is only advisable for a long term but if you like a short term small like 30% or 20% you can sell it and buy again fo another short trade
Investors need to focus on their investment and profit margin. If investor invest in any other business like trading or any bank it may get 30% profit or I make it much more then it will be 40% but if the investor invest on bitcoins I bet he can get 100% profit margin because just look at the rate on increase in the price of bitcoins.

You sleep for 12 hours and when you wake up the price of bitcoins rise up to 15$ to 20$. If I have bag full of money The first thing I do is to collect the bitcoins more and more and then wait for my expectation price and then sell bitcoins and full fill my lust.
sr. member
Activity: 322
Merit: 253
Property1of1OU
July 07, 2017, 03:49:28 AM
In general I sell when the market is overbought ( http://www.investopedia.com/terms/o/overbought.asp)

... and I like to use candlestick signal as a trigger to open trading position ...
hero member
Activity: 896
Merit: 521
July 07, 2017, 03:28:29 AM
I plan to sell if either there is a big tragedy in cryptocurrency world or when I need my money. Maybe next year or so I will start a business, then I might require it. I am holding my bitcoin from last two year and have a considerable return over my investment. Occasionally I do altcoin trading and have made a decent profit through that too.
newbie
Activity: 56
Merit: 0
July 07, 2017, 03:23:30 AM
Bitcoin price can't fixed for all time,it changed every second.
so fo me,when I understand that I gets the profit then quick sell bitcoin.
that's the theory of my trading.
member
Activity: 112
Merit: 10
July 06, 2017, 08:42:10 PM
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 this market.
hero member
Activity: 504
Merit: 500
July 06, 2017, 06:47:29 PM
Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
Many people have made much money during the recent years. The thing which matters is planning. If you have planned to gain by investing into bitcoin you will surely gain the best profit. Firstly, thinking of the downfall of the exchange rate of bitcoin is stupidity.

Because it has increased a lot. If you suppose that its worth becomes down due to any issue, remember it will definitely move back to its higher exchange rate because of the growing significance of bitcoin in the whole world. So, investing for a longer time definitely helps you to gain profit and become richer eventually.
yes every one has their own choice those people who have invested money in bitcoin in very beginning will be like to secure their profit and therefore they will be welling to sell their bitcoins right now. but still they have time to hold and get some more profit because the price can still increase too much.
hero member
Activity: 3234
Merit: 774
🌀 Cosmic Casino
July 06, 2017, 03:15:01 PM
Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.

i think its also better to only take your capitals then just hold your profit. with this, you will never lose the battles even if the prices drop, right. so whenever the price drop, you can buy again using the capital then sell in it bounce back. i think this is the best way. BUT ONLY  for coins who has great potential and an active dev. i dont do this in those shitcoins.
yes it is always good to withdraw your profit from trading that you have made in trading and always try to play with your investment again, through this way  you will not lose everything you have. and will give you opportunities to continue gambling for a long time.

Withdrawing your profit is a good way to manage your assets. But it's up on your hands on how you are going to grow that money. If you don't want to miss the chance of losing a lot of potential profit at better price, it's better that you forget to sell now. Just keep on holding first.
hero member
Activity: 686
Merit: 500
July 06, 2017, 02:51:30 PM
Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
Many people have made much money during the recent years. The thing which matters is planning. If you have planned to gain by investing into bitcoin you will surely gain the best profit. Firstly, thinking of the downfall of the exchange rate of bitcoin is stupidity.

Because it has increased a lot. If you suppose that its worth becomes down due to any issue, remember it will definitely move back to its higher exchange rate because of the growing significance of bitcoin in the whole world. So, investing for a longer time definitely helps you to gain profit and become richer eventually.
legendary
Activity: 1120
Merit: 1000
July 06, 2017, 01:53:58 PM
Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.

i think its also better to only take your capitals then just hold your profit. with this, you will never lose the battles even if the prices drop, right. so whenever the price drop, you can buy again using the capital then sell in it bounce back. i think this is the best way. BUT ONLY  for coins who has great potential and an active dev. i dont do this in those shitcoins.
yes it is always good to withdraw your profit from trading that you have made in trading and always try to play with your investment again, through this way  you will not lose everything you have. and will give you opportunities to continue gambling for a long time.
legendary
Activity: 1442
Merit: 1025
July 06, 2017, 11:48:59 AM
Buy and hold here. 

Keep in mind that holding for the long term also gets you long term capital gains treatment for taxes, which in the US is a pretty hefty savings.  If you're holding an asset close to a year, you might as well wait for the extra year to pass and get a guaranteed 20% of so bump in your tax rate.
When you buy bitcoins you have to work with patience and you have to keep in mind all other government rules and regulation about saving and investment. The main thing you must kept in your mint is the policy of taxation in your country on savings.

May be long term saving lead you to pay more percentage of tax, so chose right time to sell your bitcoins and I think the right time is start from now on. One thing is clear for bitcoins for now that it’ll never lost your investment.
sr. member
Activity: 966
Merit: 274
July 06, 2017, 09:54:35 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.

That's good of you to sell based on the situation that prevails in your country as well depending on the price movement happening with it. Most of the time I do sell my bitcoins only on emergency requirement, other than that tit would be safe in the wallet. So that it will serve as an investment for the future. I don't fear of government restrictions, because it is not that bad as common people believe as well I hope it won't get destroyed.
The differences between the country may also be a vital reason for the decision on selling your bitcoin. For me I also sell my bitcoin in terms of the price development of bitcoin. I trust the price and the development but i sell when i want to. I do not limit my self on selling because I just make portion selling where I hold a part of my bitcoin for further development of its price and value.
sr. member
Activity: 476
Merit: 250
July 06, 2017, 07:37:15 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 don't sell all those coins I've earn. I hold it for a long time because I know that the price of it will become higher in the next following years. But I take my capitals and the 20% of my profit in case the value of it falls.
member
Activity: 94
Merit: 30
Here we go! I am a portuguese translator!
July 06, 2017, 07:08:39 AM
I use to set a % of profit and a % to stoploss. If necessary hold the asset longer
full member
Activity: 258
Merit: 100
July 06, 2017, 01:25:21 AM
Dont sell.
HODL.

We are just starting to grow.
If you sell it then it ll be more expensive, HODL.
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