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Topic: When do YOU sell? - page 72. (Read 52126 times)

hero member
Activity: 588
Merit: 500
June 15, 2017, 07:42:31 PM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.

Yeah that's what i'm planning to do myself. I have a normal job so as much as possible i want to hold on to my btcs for a couple of months or even years until i feel comfortable in selling or if there are forecasts that would tell of a big dump. For now, as long as it's not an emergency, i prefer to spend fiat and not to touch my btcs.
That is a nice idea you gave to me as If I will get a day job the income from which will be used by me for my expenses and other needs of the life and I will not withdraw my money invested in bitcoin so in this way I will be able to hold my bitcoins for a longer period.
i also have the same strategy, i even invested good asset in bitcoin on monthly bases, i currently not going to sell my bitcoin but going to hold it for a long time, in fact i am pretty sure about the price of bitcoin that it will continue to increase for a long long time and therefore i am going to hold bitcoin for a long long time. I am sure that bitcoin will give me a successful and bright future.
sr. member
Activity: 602
Merit: 250
June 15, 2017, 07:15:04 PM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.

Yeah that's what i'm planning to do myself. I have a normal job so as much as possible i want to hold on to my btcs for a couple of months or even years until i feel comfortable in selling or if there are forecasts that would tell of a big dump. For now, as long as it's not an emergency, i prefer to spend fiat and not to touch my btcs.
That is a nice idea you gave to me as If I will get a day job the income from which will be used by me for my expenses and other needs of the life and I will not withdraw my money invested in bitcoin so in this way I will be able to hold my bitcoins for a longer period.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
June 15, 2017, 07:01:25 PM
I plan to sell when the price of bitcoin will come back at $2,700 or even at $3,000. I will sell not all of it because I'm going to keep on holding most of my bitcoins for future purposes.
hero member
Activity: 1190
Merit: 541
June 15, 2017, 06:47:51 PM
I already sold some of my bitcoin porfolio around $2400 because indicators were showing absolute dump in exchanges.
I think you should hold your Bitcoin for few weeks I am sure that Bitcoin price will be 3000$ again and the price is dump temporary I also hold my Bitcoin for more few weeks I hope that bitcoin price will be increase to high value in coming few weeks so it's good time to hold your Bitcoin and do not sell.
hero member
Activity: 588
Merit: 500
June 15, 2017, 06:24:41 PM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.
this is what we all need to be doing, only sell your bitcoins when you are in need of fiat for your personal needs.
You just might be rewarded handsomely for long term holding.
Yes this is proper planning. Very rarely we see this kind of people. I am also not spending my bitcoins for unnecessary things. Now the price is in one range if we spend our bitcoins for just doing shopping or other things it is a waste of money. I am planning to buy mining rig once my Bitcoin value reaches what I am expecting I will sell my coins, and with that money, i will buy mining rig.
but i think to have a proper planning it is really very difficult, in fact bitcoin make us too much confuse  about buying and selling, some time the price start increase, in such a rate that it cover 300 to 400 USD in half day, so we become more confident even crossing our limit we still decide to hold. but when the price start decreasing then it fell down more than 500$ level in a single day, so in some time it become difficult for use to take a right decision on a right time.
full member
Activity: 217
Merit: 100
June 15, 2017, 12:12:25 PM
I already sold some of my bitcoin porfolio around $2400 because indicators were showing absolute dump in exchanges.
legendary
Activity: 1386
Merit: 1058
June 15, 2017, 12:05:07 PM
I follow charts. For cryptocurrency trading you should know how to read charts. This can give good idea about a cryptocurrency if not all. But still it isn't foolproof. I tend to keep my altcoin for a period of 20-30 days. During that time period if I was able to make decent profit. I withdraw else I leave them in altcoins expecting profit in future.
This is a good idea but you may keep one thing in mind that you should personally work on the alts that you have invested in. we cannot trust all the time on the charts because sometimes they are designed very cleverly with manipulations in the own interest instead of the others. So be careful while using a chart and better to mark calculation for you.
hero member
Activity: 1246
Merit: 529
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June 15, 2017, 09:34:38 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?

for me timing is important because sometimes the value of coins is unstable that's why if you get the profit you targeted sell it immediately so that you earn what your goal profit is and you can invest again and estimate the value of every coins again or bitcoin it's just a routine you just need to understand the mechanics how it works

It depends for me. If it's btc, definitely i'll wait for a little.longer before i sell my btcs. If it's the other altcoins that i have, i'll look first if the profit is worth it already to let go and start a new trade. There are coins like btc that really for long term holding for maximum profits so you have to determine first which coins you'd prefer, long term or short term.
full member
Activity: 280
Merit: 101
June 15, 2017, 08:22:08 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?

for me timing is important because sometimes the value of coins is unstable that's why if you get the profit you targeted sell it immediately so that you earn what your goal profit is and you can invest again and estimate the value of every coins again or bitcoin it's just a routine you just need to understand the mechanics how it works
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
June 15, 2017, 08:13:36 AM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.
this is what we all need to be doing, only sell your bitcoins when you are in need of fiat for your personal needs.
You just might be rewarded handsomely for long term holding.
Precisely, Long term investing is the real deal in the bitcoin so by just doing that thing in bitcoin that will benefit you a great amount of money that is my past regret selling in dump when I am just a panic seller but now I understand the way to earn bitcoin you just need a patience in trading.
legendary
Activity: 1428
Merit: 1000
June 15, 2017, 06:42:42 AM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.
this is what we all need to be doing, only sell your bitcoins when you are in need of fiat for your personal needs.
You just might be rewarded handsomely for long term holding.
Yes this is proper planning. Very rarely we see this kind of people. I am also not spending my bitcoins for unnecessary things. Now the price is in one range if we spend our bitcoins for just doing shopping or other things it is a waste of money. I am planning to buy mining rig once my Bitcoin value reaches what I am expecting I will sell my coins, and with that money, i will buy mining rig.
hero member
Activity: 686
Merit: 521
June 15, 2017, 06:32:30 AM
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.
this is what we all need to be doing, only sell your bitcoins when you are in need of fiat for your personal needs.
You just might be rewarded handsomely for long term holding.
full member
Activity: 266
Merit: 103
June 15, 2017, 06:27:23 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 I buy an asset, I usually have a target price in mind, which represents the price that I believe it is intrinsically worth. I also keep another price in mind, which is the price that I think it will rise to before it turns around. The second price is higher than the first. I sell somewhere between those prices.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
June 15, 2017, 04:33:13 AM
#99
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.

Yeah that's what i'm planning to do myself. I have a normal job so as much as possible i want to hold on to my btcs for a couple of months or even years until i feel comfortable in selling or if there are forecasts that would tell of a big dump. For now, as long as it's not an emergency, i prefer to spend fiat and not to touch my btcs.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 13, 2017, 03:32:03 PM
#98
I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.
full member
Activity: 137
Merit: 100
June 13, 2017, 03:18:47 PM
#97
Selling bitcoins/altcoins dependng on the coin holders, if they know there already have a high percentage
average of earning in the coins they hold, selling can be happen at any moment in the trading platform. Because if I hold or saving bitcoin I believed it will really increase in the near future..
I do not understand why to date, everyone talks so much about selling Bitcoin. Are all users afraid to keep their Bitcoin for a future price? We have already seen dramatic changes in the growth rate of Bitcoin. Next month, we can fly to the moon with Bitcoin.
hero member
Activity: 1092
Merit: 500
June 13, 2017, 02:45:52 PM
#96
Selling bitcoins/altcoins dependng on the coin holders, if they know there already have a high percentage
average of earning in the coins they hold, selling can be happen at any moment in the trading platform. Because if I hold or saving bitcoin I believed it will really increase in the near future..
sr. member
Activity: 518
Merit: 250
June 13, 2017, 06:14:43 AM
#95
I think if in good economic circumstances it is not supposed to sell bitcoin at this time,because possibility of bitcoin prices will continue to increase and of course you do not want to lose opportunity to profit by storing btc in your wallet.
sr. member
Activity: 518
Merit: 252
June 13, 2017, 01:35:32 AM
#94
Use satoshis but basically that makes it a % anyway. Just dont focus on the USD aspect because although you may double in USD , it depends on what happens with BTC to get your true %.

Other than that, timing the exact top or bottom is extremely hard to do and you will go crazy trying to do it. I would suggest scaling in or out in order to minimize risks and stress.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
June 13, 2017, 12:27:15 AM
#93
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?
All this depends you that how much you want set your target , because with aim and without target you can't achieve anything with  any ways.
When when you bought any altcoin then first of all you need to see the market whether is stable or active and whether is at low price and high price according to the price was in the last month .
So according to that you should make thinking and skill that how much %age you can make with the investment .
Now here a second thing will came , that how much money you want invest , if you will invest 0.1btc in any altcoin but the average trade of that coin is 0.01btc per day then ofcourse you are making mistakes .
In this case you should buy that altcoin at the rate 0.005btc at order only because if you will buy at direct rate then the chance of making income will get down . And if you will buy at low and instant sell at small high then ofcourse you can make a decent amount of the profit .
Usually I made 10% profit ( my aim remain atleast 5%) and making bulk investment in the big coins like ETH , dash , ripple , etc coins .
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