When do YOU sell? - page 74. | Bitcointalksearch.org

shine1123

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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?

It's depend actually. I will sell my coins when it reach my target price, i'm usually trading on a new and good prospect altcoin. Follow their news and update about the cryptocoins and when you know something good, i will hold it first and when the time comes, i will sell all coins and you will gain so many % profits.

Skarner21

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Quote from: Yudai on June 10, 2017, 06:19:08 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?

Well I do and most of traders do sell their coins depend on what they goal is. When you do short trading, you are most likely to sell for less time and market movement let's say for example of a certain coin pumps +1-5 percent, it's good to sell for short traders. For long term traders, they do sell when they get 100%+ profit from their capital.

Its a setup of margin if you are short trader if you seen the price stable i think you still need to wait for long time before you can sell them.
And i think you need a large capital just to get a benefits of the small percentage you set 1 to 5 base on what you said. because if you are invest in small amount you can only make profit of small amount.
Find a good margin just a tools from bitcoinwisdom i am using them just to analyze what will be the next movement of the price of bitcoin..

Yudai

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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?

Well I do and most of traders do sell their coins depend on what they goal is. When you do short trading, you are most likely to sell for less time and market movement let's say for example of a certain coin pumps +1-5 percent, it's good to sell for short traders. For long term traders, they do sell when they get 100%+ profit from their capital.

bravehearth0319

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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?

That will depend on the demand and prediction by the experts, since it is very unpredictable actually. But one for sure which I would preferred to sell it when bitcoin reach 100,000$ I know its too impossible now but who knows, that might gonna be happen one day Grin

Blackout1321

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Quote from: Jody.Drummer on June 10, 2017, 01:44:20 PM

Selling at a high price even with little profit, and no loss when you trade Grin

Best advice possible!

I need to learn to be okay with lower margin Tongue

Jody.Drummer

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Selling at a high price even with little profit, and no loss when you trade Grin

Blackout1321

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Quote from: gabmen on June 09, 2017, 05:28:15 AM

Quote from: Blackout1321 on June 08, 2017, 07:37:52 AM

Quote from: malikusama on June 07, 2017, 07:46:44 PM

I usually checkout the % of profit, but trading needs proper attention and perfect time to sell or buy. % of profit is not just a random number you pick in your mind but you need to examine the market rate to select the appropriate time for selling.

What's quite surprising is that I've kept records of multiple coins from back in the beginning of June which is just a few days, but they all topple 14% increase and the lowest is BTC, which I would expect since it's the trading platform for all coins. Just pretty cool to see the rest move and fluctuate.

Yeah especially a few days ago when almost all alt coins registered upward trends for a while a day after btc price went up again. Though now things are pretty normal again with the fluctuations. Wonder when will ripple shoot up again though. It's one of the coins that didn't go with the flow when the altcoins all went positive

Ripple just has so much circulating supply that isn't circulating. I wouldn't expect that to rise by too much due to the fact that less than 40% of the actual coin is in trading. It's definitely a good coin to trade and to have in your portfolio, but I wouldn't expect anything from XRP for a few more months-year.

gabmen

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Quote from: Blackout1321 on June 08, 2017, 07:37:52 AM

Quote from: malikusama on June 07, 2017, 07:46:44 PM

I usually checkout the % of profit, but trading needs proper attention and perfect time to sell or buy. % of profit is not just a random number you pick in your mind but you need to examine the market rate to select the appropriate time for selling.

What's quite surprising is that I've kept records of multiple coins from back in the beginning of June which is just a few days, but they all topple 14% increase and the lowest is BTC, which I would expect since it's the trading platform for all coins. Just pretty cool to see the rest move and fluctuate.

Yeah especially a few days ago when almost all alt coins registered upward trends for a while a day after btc price went up again. Though now things are pretty normal again with the fluctuations. Wonder when will ripple shoot up again though. It's one of the coins that didn't go with the flow when the altcoins all went positive

Blackout1321

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Quote from: malikusama on June 07, 2017, 07:46:44 PM

I usually checkout the % of profit, but trading needs proper attention and perfect time to sell or buy. % of profit is not just a random number you pick in your mind but you need to examine the market rate to select the appropriate time for selling.

What's quite surprising is that I've kept records of multiple coins from back in the beginning of June which is just a few days, but they all topple 14% increase and the lowest is BTC, which I would expect since it's the trading platform for all coins. Just pretty cool to see the rest move and fluctuate.

malikusama

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I usually checkout the % of profit, but trading needs proper attention and perfect time to sell or buy. % of profit is not just a random number you pick in your mind but you need to examine the market rate to select the appropriate time for selling.

Hutalar

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Quote from: MMA on June 07, 2017, 04:00:54 PM

Quote from: jeraldskie11 on June 06, 2017, 11:41:00 PM

When you buying cryptocurrency there are two type of terms, long term and short term. If the that I invested is long term I will sell it in the future maybe in a 2-3months because I know the price will continue growing but if the coin is for short term, I will sell it in a very short period of time, which you can mostly earn 10-25% profit.

to me i think that in current time i think long term investment will more profitable. because i think those people who do not have experience in long term investment, i think they will lose money, because we can see a huge fluctuation in the price of bitcoin and it can put pressure on then if the price goes down, so i will like to say that long term investment will be too much profitable as compare to short term investment.

Yes you are right long term investment is a better idea because if they will keep for long term then they will taste the real profit from bitcoin. In short term a person cannot predict that what will happen a minute later and after a day while in long term everyone is sure that the price will increase.

MMA

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Quote from: jeraldskie11 on June 06, 2017, 11:41:00 PM

When you buying cryptocurrency there are two type of terms, long term and short term. If the that I invested is long term I will sell it in the future maybe in a 2-3months because I know the price will continue growing but if the coin is for short term, I will sell it in a very short period of time, which you can mostly earn 10-25% profit.

to me i think that in current time i think long term investment will more profitable. because i think those people who do not have experience in long term investment, i think they will lose money, because we can see a huge fluctuation in the price of bitcoin and it can put pressure on then if the price goes down, so i will like to say that long term investment will be too much profitable as compare to short term investment.

Dudeperfect

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When I am in a need of money and if I can not spend crypto or bitcoin for that purpose, in that case I decide to sell bitcoins as per the requirement. I am not much in trading so my most of the holding is for the long term and hence I don't trade often. I rarely participate in panic sell wave or anyone's opinion because my research says that bitcoin will hit $5K within next couple of years and I prefer to stand with my research.

senyorito123

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Quote from: ekoice on June 07, 2017, 02:00:32 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?

As far as crypto trading is concerned,it would be better to fix a profit margin of 5% or 10% and once the target is achieved,just sell your coins.If you blindly follow any pump,then you would end up in loss when it is dumped.

For what I see is he's to lazy for following his bought coin and get surprised when its dumped since he lost some mone from it and get panic for the bad result if he cannot sell it immediately, But in trading ecosystem dumps are normally happens and little bit your right with putting some margin but i think it cannot make us earn more if we just set but the best for that really is to follow the coin we hodl and sold it when it pump so high, And to avoid losses to leave it unattended since im so sure you will end up crying if dump happen and that scenario is what occuring on Op right now.

Bagaji

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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?

It all depends on how good you are in trading crypto currency and the amount of risk you can take. For me, I sell anytime I get the percentage of 15 in all my trading. Most time I place up to 10 trade and in each of the trade, some of the profit may reach the benchmark of 15 percent and above while others may not reach the targeted percentage of 15 profit but still have no option than to sell them below my target since I have made more profit in some other currency.

ekoice

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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?

As far as crypto trading is concerned,it would be better to fix a profit margin of 5% or 10% and once the target is achieved,just sell your coins.If you blindly follow any pump,then you would end up in loss when it is dumped.

Pamadar

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Quote from: Ferris419 on June 06, 2017, 10:25:15 PM

I sold some of my coins yesterday when price reached ATH as that was the best price for me to make some big profits as I have bought my bitcoins at very low price in the past so cannot afford to miss an opportunity of making profits.

that's how investment should be treated mate sell when you already satisfied with your earnings hold when you are expecting more and be wise after all no one will control this just you, better to assess carefully and make a good moves to benefits a lot coming out from here, I'm still holding some btc as of now and i will try to keep holding for long.

batang_bitcoin

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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?

I just decide whenever I want, there's no percentage or certain amount. If I feel the price of bitcoin seems to be good, I'm selling or if there's an emergency that I don't have enough cash anymore. That will be the right time for me to sell, I suggest to you if there's no need for you to sell, just hold.

zulkarnaen

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Quote from: rainingbitcoins on June 06, 2017, 11:55:04 PM

I am not planning to sell at a moment as price is going higher now so many in next couple of weeks we may see even higher price so I will prefer to hold at a moment and will sell only when it crosses $4k mark.

It seems a good idea not to sell btc at the moment,
because the possibility of bitcoin prices will continue to increase. And I think holding bitcoin in a wallet is a safe investment right now.

rainingbitcoins

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I am not planning to sell at a moment as price is going higher now so many in next couple of weeks we may see even higher price so I will prefer to hold at a moment and will sell only when it crosses $4k mark.

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