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Topic: When do YOU sell? - page 71. (Read 52139 times)

member
Activity: 79
Merit: 10
June 17, 2017, 09:55:59 AM
Many factors influence our decision to sell or buy bitcoin or other altcoin, if bitcoin, the right time for now is buy it instead of sell it, if you buy it now, in a few weeks bitcoin price will go up, and you will have profit. If you are trading altcoin, you have a target how much the minimum% you earn every day, for example is 15%
sr. member
Activity: 560
Merit: 257
June 17, 2017, 07:41:31 AM
I think selling right now is the right time, maybe yesterday have bought it at the price $2.2k - $ 2.3k and for me now they can sell it because bitcoin prices are now up again and are at $2.5k or maybe you will wait longer for $ 3k.
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
June 17, 2017, 06:39:09 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?
Well if I'm trading all of my money, I'm trading when it pumps no matter how much percentage it gains. However when I'm trading small amount, I'm targetting atleast +20% so that my trade is worth it.
full member
Activity: 406
Merit: 100
June 17, 2017, 06:07:56 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?
Depending on how you trade, are you a holder or trader?
If you is a Day Trader, you need more skill in trading and check support line and resistance, when price hit to highest need sell and when price hit to lowest need buy. And when in oder, you need see chart before close order! Remember that if you not want loss in day trading! Set stop loss every order important too!
If you is a Holder, create a target you think is good or analysic chart, just sell when the price hit your target and need patience to wait that!
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
June 17, 2017, 04:28:33 AM
I will sell some when i got about 150% profit and will buyback later in the dip. So far i've done it once and it will take quite some time until the next one.

I have pretty much the same strategy, I try not to be greedy and to get out while I`m in profit. Getting back in is on first drop, in that moment I`m starting with buying, and I`m buying while price is going down and I wait +100% profit and then I sell again. I`m practicing this more with alts then with bitcoins, I sell bitcoins only when I need cash, and then I wait as much as I can for good price. Trading with bitcoins is extremely hard for me, with alts I do not practice day trading, I buy when its low and sell when I`m in profit, and I have better results with that strategy.
sr. member
Activity: 574
Merit: 251
June 17, 2017, 04:19:51 AM
I will sell some when i got about 150% profit and will buyback later in the dip. So far i've done it once and it will take quite some time until the next one.
legendary
Activity: 1218
Merit: 1000
June 17, 2017, 12:54:40 AM
I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.

I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500.

It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price.

It can take some time, but bitcoin will achieve 5000$ price for sure, I don't have doubt about it. Who is thinking about sell their bitcoins for 3000$ soon, it's better to think more about it, it's never good to run out of bitcoins.
Everyone should always hold some satoshis doesn't matter the currently price.
I guess there are some people who hold bitcoin without regard to price, because they believe in bitcoin. But, I guess so many people are selling bitcoins they have when bitcoin prices have gone up 30% of their starting price.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
June 17, 2017, 12:19:04 AM
I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.

I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500.

It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price.

It can take some time, but bitcoin will achieve 5000$ price for sure, I don't have doubt about it. Who is thinking about sell their bitcoins for 3000$ soon, it's better to think more about it, it's never good to run out of bitcoins.
Everyone should always hold some satoshis doesn't matter the currently price.
hero member
Activity: 688
Merit: 500
June 16, 2017, 11:57:27 PM
I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.

I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500.

It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price.
hero member
Activity: 3080
Merit: 603
June 16, 2017, 10:55:16 PM
I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.

I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500.
sr. member
Activity: 924
Merit: 275
June 16, 2017, 10:48:34 PM
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 will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 16, 2017, 10:26:53 PM
Whenever its giving me good profits I prefer to sell some portion of my bitcoins as I never believe in keeping my coins idle in wallet so whenever its allowing me to make profits I sell without any hesitation and buy them back when price goes down in future as price ups and downs is a common practice in bitcoins so we need to take an advantage of price fluctuations by making regular profits.
That is a good strategy but try to look for long term in order to decide well because sometimes a coin is good for long term like in ethereum so if you buy ethereum at the rate of $10 and you just doing short term buying and selling so you already missing out the opportunity to make a lot of money in the future just imagine if you hold your ethereum for example that you bought at $10 and you sell it now then you already gained a lot of money.
hero member
Activity: 663
Merit: 501
quarkchain.io
June 16, 2017, 10:09:48 PM
Whenever its giving me good profits I prefer to sell some portion of my bitcoins as I never believe in keeping my coins idle in wallet so whenever its allowing me to make profits I sell without any hesitation and buy them back when price goes down in future as price ups and downs is a common practice in bitcoins so we need to take an advantage of price fluctuations by making regular profits.
sr. member
Activity: 315
Merit: 250
June 16, 2017, 09:29:19 PM

When i'm going to gain 20-50% profit. I will sell some of my coins because if the price will be down i will use the profit amount to buy again at very low price then sell it again on 20-50% profit.

Well it is very good that you have keep your target of your profit because sometimes when the people didn't keep their target and want to get more and more profit wait for the high price of Bitcoin so sometimes they loss the chance when the bitcoin price becomes very decreased and then they regret, actually I had experienced this situation, that's why keeping target for your profit is very much good and now i always keep the target and then sell bitcoin.

Yes i like this strategy because if i sell around 20-50% profit and the coin goes up i won't regret because i have my other coins stock. I'm going to have many option on what percent should i sell my coin.
sr. member
Activity: 574
Merit: 256
June 16, 2017, 03:26:47 PM

When i'm going to gain 20-50% profit. I will sell some of my coins because if the price will be down i will use the profit amount to buy again at very low price then sell it again on 20-50% profit.

Well it is very good that you have keep your target of your profit because sometimes when the people didn't keep their target and want to get more and more profit wait for the high price of Bitcoin so sometimes they loss the chance when the bitcoin price becomes very decreased and then they regret, actually I had experienced this situation, that's why keeping target for your profit is very much good and now i always keep the target and then sell bitcoin.
sr. member
Activity: 456
Merit: 250
June 16, 2017, 03:03:34 AM
When i'm going to gain 20-50% profit. I will sell some of my coins because if the price will be down i will use the profit amount to buy again at very low price then sell it again on 20-50% profit.
Good, but when you experience a 20% profit your mind expects more and will be continuing to hold and finally you'll miss the ATH. So what I've decided is to hold on the bitcoin as much possible and make a better profiting after years and should never cashout unless there's an emergency.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 16, 2017, 12:35:53 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 am decide to sell if i see there is increase for the price. sometimes i used satoshi only to see how much my profit, but the other time, i use a % of profit but i don't used randomly number in my head. usually, before i decide to sell, i see that the price is going to up and after i make calculation from buy order, then i can decide how much i want to take profit and sometimes i can take more than 30% in a day but its depending from the movement the coins in the market.
sr. member
Activity: 315
Merit: 250
June 15, 2017, 11:45:27 PM
When i'm going to gain 20-50% profit. I will sell some of my coins because if the price will be down i will use the profit amount to buy again at very low price then sell it again on 20-50% profit.
sr. member
Activity: 1162
Merit: 258
1xbit.com
June 15, 2017, 11:41:27 PM
Yes, I set target what percentage of profit i get in one take action eg 5%, if target is over or under I try to see market and volume to check whether the price may rise again or go down but if the profit target has been obtained, I will play mostly safe.
sr. member
Activity: 462
Merit: 260
June 15, 2017, 10:23:09 PM
Well its up to you.
simply because you knowwhat coins is better. and I know before investing you have a knowledge on that coins. so you have a perfect time to sell your altcoins. And if you are in a short-term trading 20% profit is the good  time to sell
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