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Topic: When do YOU sell? - page 68. (Read 52154 times)

copper member
Activity: 772
Merit: 500
June 23, 2017, 11:22:13 PM
I will sell half or 1/4  of my bitcoin if the price will be at 3500 usd then i will wait again if the bitcoin rise to 5000 usd and the remaining portion of my btc is for keeping purposes. Hoping bitcoin will reach another milestone.
hero member
Activity: 826
Merit: 502
June 23, 2017, 06:54:52 PM
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.

well it is very good that you do not wait for the most high price of bitcoin because no one knows about the price of bitcoin that whether it will goes high or low, in my opinion you should always keep your own target for the profit and at that target you need to sell it and do not become greedy for high price because may be you wait for more high price and it come down.
but bitcoin is trading very positive here and there is no such negative news about bitcoin which can create panic, i think people are more confidence about the price of bitcoin and therefore they are not going to sell but going to hold as much as they can, therefore to me i think it not such a wise decision to sell bitcoin right now, but need to wait  and when the price reach to its peak then you should sell your bitcoin, and hope that at that time you will get a good profit.
Yes nowadays all of the news are going very well about bitcoin all of them are in its favor. It looks like the time of bitcoin has been started and now bitcoin will flourish more and more and everywhere it will be adopted for their businesses and for their transactions.
hero member
Activity: 490
Merit: 500
June 23, 2017, 06:47:32 PM
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.

well it is very good that you do not wait for the most high price of bitcoin because no one knows about the price of bitcoin that whether it will goes high or low, in my opinion you should always keep your own target for the profit and at that target you need to sell it and do not become greedy for high price because may be you wait for more high price and it come down.
but currently the price of bitcoin is expecting so high and therefore i will never take the decision to sell my bitcoin right now. i have to wait for the price when it will reach to 5000$ , and i think it is very possible because no one was even expected the the price will cross 2000$ in next 3 years when the price of bitcoin was trading below 1000$ but now we can see that the price of bitcoin is trading above 2500$ that is really a very good increasing in the price of bitcoin.
hero member
Activity: 798
Merit: 501
June 23, 2017, 06:21:30 PM
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.

well it is very good that you do not wait for the most high price of bitcoin because no one knows about the price of bitcoin that whether it will goes high or low, in my opinion you should always keep your own target for the profit and at that target you need to sell it and do not become greedy for high price because may be you wait for more high price and it come down.
but bitcoin is trading very positive here and there is no such negative news about bitcoin which can create panic, i think people are more confidence about the price of bitcoin and therefore they are not going to sell but going to hold as much as they can, therefore to me i think it not such a wise decision to sell bitcoin right now, but need to wait  and when the price reach to its peak then you should sell your bitcoin, and hope that at that time you will get a good profit.
hero member
Activity: 700
Merit: 500
June 23, 2017, 04:12:31 PM
I sell if I have gained 50% profit to those coin that I think is not worth for long term. But if I think the coins has a very big potential then I hold it and wait until I get my target price.
Yes, who knows what the 50% of your profit is? Anyway best of luck with your holding I am glade that I am not much greedy and I have not that huge desire for the earnings from BTC. I have planned to sell my BTC at $3000. I missed the chance once when it was too close to it but let’s see what happens this time.
sr. member
Activity: 574
Merit: 256
June 23, 2017, 03:45:34 PM
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.

well it is very good that you do not wait for the most high price of bitcoin because no one knows about the price of bitcoin that whether it will goes high or low, in my opinion you should always keep your own target for the profit and at that target you need to sell it and do not become greedy for high price because may be you wait for more high price and it come down.
legendary
Activity: 1302
Merit: 1027
June 23, 2017, 03:05:58 PM
I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof  that BTC makes changes especially in home finance that the stage of my life be level up.

At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet.

That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying.
Keeping some money for emergency is better for those people who cannot withdraw immediately while those people who can withdraw immediately like who have their bitcoin debit cards then they will have to invest their money in bitcoin. As with bitcoin debit card they can cash their bitcoin within a minute from any ATM.

Even they can withdraw anytime, having the Bitcoin debit card, it's not a good idea. Because we don't know when emergencies will happen, what means it can happen while the BTC price is cheaper than the moment you bought it. So you will lose money by converting it to fiat on that moment. Emergency money should still continue in fiat, it's safer. Just sell BTC more expensive than you bought.
Yes, it is good to keep the emergency money into the fiat and to be honest the emergency money means that it should be something kept in the local currency so that it works immediately. If in case of emergency you go and look for the ATM booth to withdraw money from it then I am scared it is not something you are talking about emergency because emergency needs immediate response.
in fact some people invest everything they have in business and do not left anything with them. and when they need it they have noting left. then they try to get loan from his friend or from bank. and some time even he sell something precious he has with a cheap price. so it is most important that we must keep some money in cash so that when we need it in emergency we can use without any problem and do not feel the need to take loan from some person or from bank, or to sell anything precious for getting money.

That is why it is recommended that we should go by systematic way of investing like what ever you are earning keep 50% and balance you can invest it, so that in emergency time the 50% will be used to full fil the emergency problem and the investment option will be getting no trouble.
hero member
Activity: 588
Merit: 500
June 23, 2017, 02:32:35 PM
I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof  that BTC makes changes especially in home finance that the stage of my life be level up.

At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet.

That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying.
Keeping some money for emergency is better for those people who cannot withdraw immediately while those people who can withdraw immediately like who have their bitcoin debit cards then they will have to invest their money in bitcoin. As with bitcoin debit card they can cash their bitcoin within a minute from any ATM.

Even they can withdraw anytime, having the Bitcoin debit card, it's not a good idea. Because we don't know when emergencies will happen, what means it can happen while the BTC price is cheaper than the moment you bought it. So you will lose money by converting it to fiat on that moment. Emergency money should still continue in fiat, it's safer. Just sell BTC more expensive than you bought.
Yes, it is good to keep the emergency money into the fiat and to be honest the emergency money means that it should be something kept in the local currency so that it works immediately. If in case of emergency you go and look for the ATM booth to withdraw money from it then I am scared it is not something you are talking about emergency because emergency needs immediate response.
in fact some people invest everything they have in business and do not left anything with them. and when they need it they have noting left. then they try to get loan from his friend or from bank. and some time even he sell something precious he has with a cheap price. so it is most important that we must keep some money in cash so that when we need it in emergency we can use without any problem and do not feel the need to take loan from some person or from bank, or to sell anything precious for getting money.
full member
Activity: 128
Merit: 100
★777Coin.com★ Fun BTC Casino!
June 23, 2017, 01:41:12 PM
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.
legendary
Activity: 1652
Merit: 1057
June 23, 2017, 01:06:32 PM
I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof  that BTC makes changes especially in home finance that the stage of my life be level up.

At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet.

That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying.
Keeping some money for emergency is better for those people who cannot withdraw immediately while those people who can withdraw immediately like who have their bitcoin debit cards then they will have to invest their money in bitcoin. As with bitcoin debit card they can cash their bitcoin within a minute from any ATM.

Even they can withdraw anytime, having the Bitcoin debit card, it's not a good idea. Because we don't know when emergencies will happen, what means it can happen while the BTC price is cheaper than the moment you bought it. So you will lose money by converting it to fiat on that moment. Emergency money should still continue in fiat, it's safer. Just sell BTC more expensive than you bought.
Yes, it is good to keep the emergency money into the fiat and to be honest the emergency money means that it should be something kept in the local currency so that it works immediately. If in case of emergency you go and look for the ATM booth to withdraw money from it then I am scared it is not something you are talking about emergency because emergency needs immediate response.
legendary
Activity: 1386
Merit: 1058
June 23, 2017, 10:57:32 AM
I don't have any plan to sell at a moment as price is not too high for me so I will be holding my coins till it reaches to the price of $5000 and I am sure that it will surely touch that price in next couple of years and once it reaches there I will sell all my bitcoins.

Yeah me too, I still plan to hold till prices reach $10,000 or more. This might not be this year but this could be in the nearest future which will not be longer than 5 years. Good luck to bitcoins and to all those who are holding more bitcoins.
Yes, this is good if someone can wait enough for it otherwise I personally can’t handle such a long term holding because I am not by nature a patient one and I get panic of the things easily.
But I think holding the coin is not the real profit that someone can have but the real profit is to make a way for you to make it earning continuously.
full member
Activity: 490
Merit: 100
June 23, 2017, 10:12:20 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 have factors to consider when to dump my holdings
-% gain was met 10%-20%
-trend of the coin in media such as latest devt-
-hodl if i really trust the coin long term
- chart analysis, basic only
sr. member
Activity: 672
Merit: 250
June 23, 2017, 10:01:09 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.

For me like you and without further a do. That is the main purpose and reason for traders to sell and that is extra profit. So for anyone to know when is the right time to sell or when to trade is when they learn to monitor the price of bitcoin ans when they know to manage bitcoin through percentage following the principle and the development of bitcoin price. If you will follow these steps i am sure you will know the proper way of selling bitcoin with a certain purpose.
sr. member
Activity: 462
Merit: 260
June 23, 2017, 03:39:35 AM
I have a 2 strategy in trading the one is holding leading altcoins.
the the second is rolling and when I have a some profits 10% or more I well sell it quickly and when I have enough funds or profit in my short-term trading I will buy again leading altcoins to hold hope this little strategy help you
sr. member
Activity: 924
Merit: 275
June 23, 2017, 02:34:55 AM
For bitcoin, I will sell around $8,000 approximately.

For ether, I will sell around $1,500 approximately.
I know that in the near future the value of the btc and eth will be double or even triple. I also waiting to the time that the token that I hold is really goes up. I hope that moment will come now.
hero member
Activity: 3010
Merit: 794
June 23, 2017, 02:01:22 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 on your bankroll and the goal percentage on your mind. Usually on cryptoworld yoiu can possibly get 100% in a day depending on a certain coins would pump when you last bought but just remember the risk of price volatility which it can cause for us to lose up money. There are lots of coins in the market just carefully choose up the potential ones. Gaining on small percentage by doing short/day trading is also good.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 22, 2017, 10:35:46 PM
Any time I'm selling and as of fact a while ago I sold 0.007 BTC as I need some allowance here at work until midnight. But that only happens when I'm actually into emergency. And for the whole amount of bitcoin's I've got, I will just hold it until seeing price $5,000>$10,000.
sr. member
Activity: 315
Merit: 250
June 22, 2017, 09:37:12 PM
I don't have any plan to sell at a moment as price is not too high for me so I will be holding my coins till it reaches to the price of $5000 and I am sure that it will surely touch that price in next couple of years and once it reaches there I will sell all my bitcoins.

Yeah me too, I still plan to hold till prices reach $10,000 or more. This might not be this year but this could be in the nearest future which will not be longer than 5 years. Good luck to bitcoins and to all those who are holding more bitcoins.
That is good plan for good future to hold your bitcoin for long time and you can not wants to sell soon, and I think it is possible that in future the  bitcoin price will reach to 10,000$ but it can take long time I think five to eight years later the price of bitcoin will reach to $10,000, and you hold your bitcoin for long term to wait that time  that is good job for the bright future.

I also do that. I hold some of my bitcoin for my future hoping it will burst to $10,000 and if that happens we all have same fate. Because we are having a good amount of faith to the coin. The goal is that the bitcoin will move upwards each day and we will have a good run in the future.
sr. member
Activity: 994
Merit: 252
June 22, 2017, 06:45:45 PM
I don't have any plan to sell at a moment as price is not too high for me so I will be holding my coins till it reaches to the price of $5000 and I am sure that it will surely touch that price in next couple of years and once it reaches there I will sell all my bitcoins.

Yeah me too, I still plan to hold till prices reach $10,000 or more. This might not be this year but this could be in the nearest future which will not be longer than 5 years. Good luck to bitcoins and to all those who are holding more bitcoins.
That is good plan for good future to hold your bitcoin for long time and you can not wants to sell soon, and I think it is possible that in future the  bitcoin price will reach to 10,000$ but it can take long time I think five to eight years later the price of bitcoin will reach to $10,000, and you hold your bitcoin for long term to wait that time  that is good job for the bright future.
sr. member
Activity: 602
Merit: 250
June 22, 2017, 06:38:53 PM
For bitcoin, I will sell around $8,000 approximately.

For ether, I will sell around $1,500 approximately.
That is a great idea. Waiting for the price of bitcoin and ethereum till that time and then selling at that time will gve you a good profit if you have a good amount of bitcoin but for bitcoin if you will wait for longer term then it may increase more higher.
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