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.
Topic: When do YOU sell? - page 75. (Read 52139 times)
Maybe I just have a bit bit of bitcoin.
Although I always collect bitcoin from my trading results, and right now I still keep some bitcoin that I get from my various activities, in hope that by the end of this year bitcoin can reach maximum price.
Although I always collect bitcoin from my trading results, and right now I still keep some bitcoin that I get from my various activities, in hope that by the end of this year bitcoin can reach maximum price.
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.
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?
There is no such rule with an exact number as a limit.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?
You have to see the news and trend.
some coin may do doubling and some may only about 5%.
The coin also deoends on the news, if the news is very strong about cooperation and long term program revision/fork then a jump more than 50% may occur and it will be a long walk to the moon.
I split my coin into 2 purpose one for investment and one for trading, for investment I will hold it for as long as possible but if for trading I usually will sell after I analyze the chart, if the movement is still good I won't sell it, but if the movement is not good I will sell it as long as I don't lose any money, so I don't really using percentage now, it is hard to predict the price and I don't want to get greedy by using percentage for profit
I do not have decided now to sell at any price but I will keep my bitcoin for longer as I know that if I will keep my bitcoin for years that at a time their price will increase very high and we will earn a highest profit from that investment.
most of the people are finding it very difficult to take the decision in current like situation, I think most of the people are going to hold their bitcoin and not to sell it. they are more confident about the price of bitcoin and want to continue holding it for more and more time. I am hopeful that the price of bitcoin will continue increasing and very soon it is going to hit 5000$, because the price of bitcoin is so much rapidly increasing.
I do not have decided now to sell at any price but I will keep my bitcoin for longer as I know that if I will keep my bitcoin for years that at a time their price will increase very high and we will earn a highest profit from that investment.
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 would be better if you fix a profit percentage of 5 to 10% for each trade.But when you see situations becoming worse,you should immediately sell that coin and finish the trade.Thats why it is said that " Don't put all the eggs in one basket" and you must diversify your investment in two or more coins.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?
Currently. I've seen much better returns with minimal investment which is the sad part. I've got to get into the mind set of I don't have to double everytime. Lol
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 would be better if you fix a profit percentage of 5 to 10% for each trade.But when you see situations becoming worse,you should immediately sell that coin and finish the trade.Thats why it is said that " Don't put all the eggs in one basket" and you must diversify your investment in two or more coins. 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 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?
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?
Sell it when price too high and too low. I decide to sell when my strategy says " it's time ", so I must follow it. Sometimes we don't trust our self and breaking the method, the final answer we'll get loss. Most trader uses actual price than percentage to decide when to sell, that's not important. Every strategy has rules, for percentage usually take 20 - 30 % from profit calculation. But with actual price we only need indicator like MA to know where to sell. Good luck.
I will keep at least 1 BTC until 10 Satoshi will be enought to buy something..
for long term investment, I DON'T sell. Simple as that. For short term trades, I set up a stop limit and then just go for my other business. save time and is good for mental health 
You let go when the prices are at it's peak and buy back at low prices. That's how it should be. It's hard to predict the peak but there are signs. Usually, in bitcoins, there are plenty of signs, like sudden rise without justification and all altcoins are going down. Then that is the time to sell and buy alt coins.
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?
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 it's mainly either a goal hit or just emotions taking over my trading. It's probably not the most profitable trading method as I often cash out my coins really low compared to the high in the current bull run but at least I don't buy high and lose money all the time.
Setting a limit order before the price has even gone up is a good idea. It means that you don't need to be in front of your laptop or pc 24/7. Once the price is hit, your limit order executes because someone else fills it.
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.
A good plan is different from most people. Every big increase everyone starts to panic and wants to sell it take advantage of the highest moment. Sell a little just to taste the highest price I think it's reasonable, then save for future assets is fair. 
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.
Greed in trading will make us wretched. At least we have a target profit within a certain period of time, daily, weekly or monthly. If the target has been reached it is time to close the market and go enjoy the fresh air.
5% -20% I think is enough for daily profit.
If you have a belief wait up to 50% -100%, this is risky and takes the courage to hold.
5% -20% I think is enough for daily profit.
If you have a belief wait up to 50% -100%, this is risky and takes the courage to hold.
I have a calculated stop loss that I determine from significant price levels and trading volume. I size my positions according to this stop loss level. On each trade I risk only 1.25% of my capital. I generally look for trades where I can get 2 or higher risk reward ratio.
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?
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 get at least small profit of course, depend on which coin that I have. Some coins could rise more than expected such as top 5 coins right now, the price more than $200. For the new one or cheap coins, when it gonna be loss than I would just sell it because there are so many coins dump but never rise again.
I keep a threshold for profit and loss. The threshold is based on the amount i can afford to lose. If that threshold is reached i end up selling. This way if i suffer loss, the amount isn't that very big. Though the profit also not very huge but it's less riskier than holding it especially with alt coins.
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