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Topic: when is a good time to get out ? - page 4. (Read 516 times)

full member
Activity: 434
Merit: 102
Leading Cryptocurrency and Blockchain Company
January 30, 2018, 10:33:08 AM
#27
well,sometimes you set a target for yourself only to realize the market is very positive and you can even make 10-20x profits if you could just be patient.So personally i hold until the market is crashing by which time i would have made about 20x profit then i get out.
legendary
Activity: 2030
Merit: 1028
January 30, 2018, 10:32:02 AM
#26
As an investor, I try to make profit as much as possible since altcoin is risky investment compare with stock exchange.

It's too long to wait ? Can't resist if the profit in front of the eye ?
That's the temptation when try to trade altcoin eventhough  you're not have any knowledge on that token
member
Activity: 350
Merit: 39
dApps Development Automation Platform
January 30, 2018, 10:30:34 AM
#25
Hello!The good time is get out when u get big profit or u lose to much and for reason not to lose all u have, u need to get out,becose many peoples lose all and thay become sick with crypto and take credit in banks and go all in!U need to get good profit then withdraw i think 70 % and 30% stay in investment...it depends how big is profit!
hero member
Activity: 3080
Merit: 603
January 30, 2018, 10:29:39 AM
#24
Profiting x10 is already big enough if you want to get out. Don't be too greedy or you'll not have a good time of cashing it out. x2 - x5 shall be enough but if you are sure of what you are doing and you can see a great potential coins and it can bring you 10x profit then just keep on holding it. With that big amount of $10,000 you can already play and earn good amount on it daily.
full member
Activity: 350
Merit: 100
January 30, 2018, 10:27:55 AM
#23
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?

Oh ! It' s like in Casino - you win x10 and want more Smiley And seriously experts recommending to output the funds invested  first, and then at its discretion (are you ready to part with them)
member
Activity: 406
Merit: 11
Until the end of time
January 30, 2018, 10:26:10 AM
#22
For me anything i make a decent gain. I will cash out my investment and invest in another thing and wait for the market to make more gain. If it's project i believe in for long term i wont cash out all. I will leave few of my gains for long term hold
newbie
Activity: 3
Merit: 0
January 30, 2018, 10:21:13 AM
#21
Wait till a coin is up massively for the day and sell...

Rebuy when its dropped again Smiley
member
Activity: 97
Merit: 10
January 30, 2018, 10:20:27 AM
#20
Cash on initial profits on 3x and above. and hodl platform coins till 100x.
full member
Activity: 1064
Merit: 102
January 30, 2018, 10:16:55 AM
#19
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?




That really depends on you personally 100k is a perfect exist point for me at that time i wil take profit on any of my investment 10x profit is enough for me on a 10k investment.
full member
Activity: 602
Merit: 103
January 30, 2018, 10:16:09 AM
#18
Get out on profits. x10 or x5 or whatever when you get the peak you can get out. Buy in the dip again. Even with applications or what, you can sense that by watching the volume of bought and sold. No need to get greedy, profit is still a profit but to maximize those I bet you need applications, research and composure/discipline. Goodluck, take profits.
newbie
Activity: 10
Merit: 0
January 30, 2018, 10:11:35 AM
#17
never get out of the cryptocurrency at the peak of its fall. the situation may change
full member
Activity: 275
Merit: 100
SOKOS.io
January 30, 2018, 10:09:54 AM
#16
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?

Well, it depends to a person but if you are aiming for a higher profit which is you want to get 10x then you will have to wait even how long it will take and your patience is a must
member
Activity: 196
Merit: 14
January 30, 2018, 10:05:32 AM
#15
Why exit? Cash out what you need, whenever you need it. Just like any other investment or a bank account. The notion that you need to "exit" implies an active trading strategy and that you think there is somewhere better to store your wealth. The real question you should ask is "what store of wealth/value do you think is better than BTC and when should I move wealth from BTC to that other notional store of value?
newbie
Activity: 39
Merit: 0
January 30, 2018, 10:04:13 AM
#14
Actually, I would cash out what I earnt and let "play" with the benefits and also cash out slowly a few bucks, maybe just what you need.
full member
Activity: 308
Merit: 100
January 30, 2018, 10:03:11 AM
#13
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?

Before entering any cryptocurrency market you should have first set a target profit on when will you get out both short term and long term investment. if you decide to go for short term of course you will want to get out when a coin you bought has reached its peak and we dont know when or what price range is the peak that is why you have to set a target percentage profit 5 to 10% is enough. when going long term you want to make huge profit but you will never know when to sell until it drastically increases its value.
jr. member
Activity: 150
Merit: 1
January 30, 2018, 10:00:24 AM
#12
I think it's always good time to get out if you wanted to get some profit and keep your money in there. But I guess the best percentage if you are in the losing side is get out if you drop 10-20 percent already.
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
January 30, 2018, 09:57:41 AM
#11
so many trader cryptos getting panic, if you want to double your investment just hold a little bit longer. do not make a crypto investment a top priority  earn money instantly  Smiley
member
Activity: 406
Merit: 20
January 30, 2018, 09:52:27 AM
#10
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?


When you meant out? You will stay away from crypto forever?
It's kinda hard to predict that. Crypto is so volatile. There's also a chance that you might not be able to get out of it because of your goal.

You might consider the thing I have to say, whenever you earn some profit, take out that profit and leave your initial investment. If you took all out(capital included), it's kinda hard to bought back in specially if the price of the crypto you like increase alot (I assume you will invest in bitcoin). Using this method, you'll be able to see how much you gain.

With your capital, since you want more profit, partcipating in an ICO is better. ICOs with potential can give you more than 10x return. Just do some research first before engaging in one.
Invest at your own risk!
GFE
full member
Activity: 336
Merit: 100
January 30, 2018, 09:48:20 AM
#9
hey guys ...

suppose you invest 10k in crypto

at what stage would you consider getting out and taking your gains ? if you 10x ( 100k )

or are you very very LONG on this ?


The safest way is do x2 and then sell a half of portfolio into fiat. Personally I hold criptocurrency for long term because I believe in criptocurrency development in our future
full member
Activity: 392
Merit: 101
PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
January 30, 2018, 09:44:34 AM
#8
Whenever you need the money, it's not like there are rules about it. It's best to not cash out unless you need the money.
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