When sell holding alt coin in profit? - page 2.

cryptoserega

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Quote from: TmHsHel on August 16, 2021, 01:13:25 PM

Quote from: Nekonoid on August 15, 2021, 10:06:40 AM

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Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.

Now cryptocurrencies are extremely popular, especially investors are interested in projects working in the financial sector, which is why projects connecting cryptocurrencies with the banking sector are so popular.

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

In my opinion, there are 2 ways you can set the right time to sell your coins.

1. Sell the crypto coins you have when the price is soaring.

2. Prices Rise in the Short Term
The fast price turnover makes you also need to regularly monitor the coin price. Because, there is some momentum where crypto coins can experience price spikes in a short time. If you get that time, then you should sell some of the coins you have. Usually this condition occurs for small coins whose price range per coin is not too high.

So, if you feel that the coin will rise again in the future, then just sell some of the assets you have so you can still earn money.

btc78

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

It is your desire and also your trust on the coins you are holding.

Example if you are Holding Ethereum or Binance .

Do you think that you can just easily go out from holding when you know year after year the value is increasing ?

https://coinmarketcap.com/

Look at the market mate, those altcoins are makin great and now to be held for long term is the best solution to make money .

Never let go of best coin if you can afford holding.

letyouearn

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

You should have some levels specified in your mind or written somewhere before you see that the price is much higher than you expected. Otherwise you risk to be late and never sell your coins.

Insomnia family

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when to sell? : when the coin price goes up
why sell? : I feel a big profit
anything can make sense and vice versa, but in this case if you have been buying tokens for a long time and today the coins have increased beyond your set target then here is your chance to enjoy the rewards. sell some and keep the rest.

cricketkhampion

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when people seeing that this token is going pump fast many people of them will do an investment without any research, because of doing hurry up many people get big loss so first, you should get knowledge about that token if you get good things about a project mean it is a good and trusted project and also it projects going famous then you can make investment and also you can hold that token.

gurunanakji777

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This market is quite volatile as compare to other markets I would suggest always set a target point that you will be exit so you do not need to repent later and you must be happy when you achieve your target don't be panic if the coin keeps going up and the other way is always take out your principal amount when you are in good profit after that you can close your position any time whenever you want because your risk will be zero.

Iminingpro

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Quote from: TmHsHel on August 16, 2021, 01:13:25 PM

Quote from: Nekonoid on August 15, 2021, 10:06:40 AM

Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.

Cryptocurrencies provide many opportunities for the banking and financial sector, allow you to make fast, cheap and secure payments, and therefore banks pay attention to cryptocurrency projects.

Sweetbtc

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I have a plan, I bought cardano and will sell out Cardano - 20% at 4$, 25% at 10$, 25% at 20$, and 30% will hold till 2030 or 30$ which comes first.
Similarly Xrp 20% at 3$ 50% at 7$ and hold 30%
With mana is the same like XRP.
With money Will buy around 5-6 properties.
That’s my plan but what will happen will see

Pamadar

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Quote from: taufik0911 on August 15, 2021, 11:26:47 AM

Quote from: BitcoinAccepted on August 15, 2021, 10:26:37 AM

As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.

just like me when I get 20% profit I decide to take profit of the capital after the rest I hold back in the long term to get the maximum profit
indeed we have to be more careful to analyze the market because the market can change quickly and we must be able to choose the right choice when the market changes to bullish or bearish

The hardiest part of this business, decision making in each market trend is not that easy,

You need to have lesser emotions and you need to make sure that you fully understand the coin or assets that you are holding.
the fate of your investment relies on how well you trust the team and how deeper your knowledge with the development of the project,
it helps you a lot to continue working with the project if you know that there are more to offer.

labenea

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In short, buy when prices are low and sell when prices are high. but we need to pay attention again so that we are not greedy by continuing to increase the estimated profit that has been set previously because we are afraid that the price of the coin may just fall. as a result we will experience a loss of time because we have to wait for the market to rise again. It's also important for us to often monitor market developments so that we can always update coins that have good market prices.

TmHsHel

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Quote from: Nekonoid on August 15, 2021, 10:06:40 AM

Quote from: m. yasir on August 15, 2021, 08:53:58 AM

I'm sure everyone expects a profit when selling their atl. when the right time when determining hold or sell is the choice of each person. sometimes when we hold alt we can experience losses or even double profits. My advice is to do an analysis first about the development of the project from the alt you have. if you believe the project will succeed then you better hold on.

Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.

Theones

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I dont think there is one single rule of when to sell, it depends on your strategy.
First, I bought BTC when it was at 10k and happily sold it at 20k and 25k.
Secondly, I bought BTC at 50k and sell it at 32k.
From what I learn from my experience is that set a target price and sell when that target price is achieved. In other words, don't greed.

CaptainCrapper

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

In this market there is no belief any time can change any movement so if you feel good profit you should mast recover your profit as soon as possible so what you will do depends on up to you. But my advice is you can take profit and from profit, you can trade again and again this saves way.

Rimueng

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

everyone will release the long held altcoins in the wallet when it reaches the price as desired by. meaning that when it reaches a high price a person will give up everything he has stored. but if the altcoin is obtained from the bounty, I will also release it when many are asking for it in the market, because in my opinion all altcoins obtained from the bounty are a big advantage if they have a high price.

the ghabbar

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Quote from: 91254vvpatel on February 01, 2021, 12:54:14 AM

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

If you ask when is the right time to sell old coins, this is a question that really doesn't need to be answered, because everyone can clearly know when is the right time to sell the coins we have. But since you've asked this on the forum, then I'm obligated to answer it.

First, the right time to sell the coins you have is when the market conditions are good.
Second, when the coin price increases significantly from the previous purchase price.
Third, you can do all this after analyzing the coin and the current market conditions.

If you get this opportunity, then it's a good time to sell the coins you have.

ogundowotoby01

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Every investor should do proper analysis before investing in any crypto, and that analysis should also include profit target, quarterly profit targets, yearly or long term profit targets. If this is done before investing, one should always analyze that project and compare its progress with the set objectives, that way you can easily take profits at previously predefined price levels, hold your coins till your profit targets are hit or sell off if the coins isn't making the intended profits

taufik0911

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Quote from: BitcoinAccepted on August 15, 2021, 10:26:37 AM

As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.

just like me when I get 20% profit I decide to take profit of the capital after the rest I hold back in the long term to get the maximum profit
indeed we have to be more careful to analyze the market because the market can change quickly and we must be able to choose the right choice when the market changes to bullish or bearish

BitcoinAccepted

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As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.

smartaction

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Although altcoins are pumped, but it is do not last long, so it is better to sell altcoins at a profit. However, for long term holding. sometimes the exception is that some coins pump a lot and give a lot of profit

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