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Topic: When sell holding alt coin in profit? - page 3. (Read 3415 times)

jr. member
Activity: 212
Merit: 1
August 15, 2021, 11:06:40 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
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
August 15, 2021, 10:58:00 AM
as an example of ethereum at this time, maybe I can hold it up to the previous eth peak, because that area is a resistance of the ethereum market, and after that a correction will occur, but if the resistance breaks it will form a new ath and we must be careful because there is no more resistance and whenever a crash can happen
member
Activity: 658
Merit: 10
Rangers Protocol
August 15, 2021, 10:18:52 AM
Pretty sure don't buy on high instead sell to have a profit. Meaning buy low and sell high. This is what I know the basic fundamental in crypto investment or trading if you are aiming for profit. Even the value may dump as long as you have the coins in your wallet. You are not really lost unless the project turned to dead.
full member
Activity: 420
Merit: 100
August 15, 2021, 09:53:58 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.
sr. member
Activity: 1218
Merit: 254
Trphy.io
August 15, 2021, 05:19:27 AM
When you will get as expected profit then you can sell your holding coin.Everyone has different target. Buying low price and selling high price. And you need to follow   market condition. You can buy valuable alt coin and long time
hold, You can get more profit from it in Future.
Adding to what you mentioned, apart from selling at a high price, if you have already made a profit. Refund the capital for the same coin if the coin is still good, don't move just because of incitement and irresponsible people.
full member
Activity: 1358
Merit: 104
August 15, 2021, 03:13:31 AM
When you will get as expected profit then you can sell your holding coin.Everyone has different target. Buying low price and selling high price. And you need to follow   market condition. You can buy valuable alt coin and long time
hold, You can get more profit from it in Future.
jr. member
Activity: 420
Merit: 1
August 15, 2021, 02:16:57 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.

I will sell altcoins when I get profit, it will be an option, but when can I get profit? I have to choose an altcoin that has good fundamentals before investing in an ICO or IDO.
currently there are farming and staking platforms, i will choose both and double the coin holding, then sell it, you can choose the coin
with good coin tokenomics, before you plan to start buying that coin
full member
Activity: 463
Merit: 100
August 15, 2021, 12:16:49 AM
Everybody with their different mindset, for me I prefer holding my altcoins for longer periods of time, because holding for long term brings more profit especially when there is a bull run in the market, some people choose to sell when they see a  100% on their investment which means x2 of their capital, everyone with their different strategies so it's better you choose the one that works best for you and stay profitable in the market, take note another person's strategy might not work for you.
newbie
Activity: 12
Merit: 1
August 14, 2021, 11:37:42 PM
It depends on everyone's target. For Getting Maximum profit we should set our target. we should take out our capital from long term holding and set take profit to the coins. As we buy coins in different prices to average the price of coins.Similarly we should sell our coins in different parts that we can get maximum profit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 14, 2021, 07:10:50 PM
We have different goals when to sell our coins some people prefer to hold for long because they see their altcoins that it will increase further in the future and some just taking profit right away. It's up to you what is your desire price to sell your coins.
If you have been holding and there is no purpose for you to sell and you're one with us as a long term holder, no need to validate when you're going to sell if you have no idea yet.
We're all going to profit no matter what happens with cryptos that we hold as long as they're the top coins in the market like bitcoin. There's no essence holding those random altcoins for long term. And when we take profit, it's going to have a purpose or you want to reinvest it back and buy when it's lower again.
member
Activity: 938
Merit: 11
August 14, 2021, 05:01:10 PM
People hold for getting profit, how long time we will hold? So i need fixed a target when i will reach my target then i sell it. Otherwise it's remain hold. For that we need to be mentally prepared. Holding is not easy.
For holding, project selection is the most important. If I hold a dead project, it will never benefit me.
jr. member
Activity: 643
Merit: 1
August 14, 2021, 04:30:31 PM
It's best if you don't get greedy and try to make a lot of money. Furthermore, cryptocurrencies' upward tendency is primarily due to bitcoin's bullishness. However, in crypto investing, we can never be certain where bitcoin, which is followed by other altcoins, will go.
jr. member
Activity: 296
Merit: 1
August 14, 2021, 01:21:49 PM
when is the right time to sell? I think it depends on the capital you use and also the target you want. if you choose to be an investor you have to buy and forget about it until the price reaches your target and if you choose to become a trader I think you have learned about technical analysis or at least you know when is the right time to exit.
copper member
Activity: 560
Merit: 1
August 14, 2021, 01:13:42 PM
The base of any coin and token is very strong and has the ability to give acceptable profit in a short period of time, select and hold all those coins.  No one can stop you from getting big profits by selling with acceptable profits.
member
Activity: 728
Merit: 19
KUWA.ai
August 14, 2021, 11:23:49 AM
It's up to you when you want to book a profit. But if you are profit in a position then remove your seed money first then you can keep that position forever. But the most common way is to follow the trend. If you are in profit in a coin then withdraw your seed money first then keep that position as long as that market stays bullish. Exit from the market if trend reverse and market sentiment became bearish.
sr. member
Activity: 994
Merit: 441
August 14, 2021, 10:42:59 AM
If we hold on to something in the hope of making a profit and then a good profit comes from there, then those coins should be sold.Sometimes we hold a coin and at some point it will be seen that the price of that coin has gone down a lot. Hold on, don't panic.Once you see that if you get a good profit from the coin, you will sell it immediately.If the value of the coin is good, then you will see that one day or another good profit will come from your held coin.
full member
Activity: 1344
Merit: 102
August 14, 2021, 10:18:23 AM
We have different goals when to sell our coins some people prefer to hold for long because they see their altcoins that it will increase further in the future and some just taking profit right away. It's up to you what is your desire price to sell your coins.
member
Activity: 744
Merit: 10
Syntrum.com
August 14, 2021, 09:32:08 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.

Every investor has a way to take profit, Hodler is a good choice when the market situation is bearish, I will hold altcoins that I think are good for long term investment and hope one day the price will rise to 1000%, there are 2 lists of coins for long term investment long like BTC and ETH, but there is no guarantee of profit when you need money if you sell your portfolio when the market is down, DYOR
sr. member
Activity: 1148
Merit: 252
August 14, 2021, 07:13:33 AM
this goes back to our goal of holding back in the long term. if you aim to profit from it, then sell when the price is high. if you intend to use it to stake, or farm, then hold on and use it for that. because the question is when is the time to sell after a long hold, then the answer, when you have made a profit, because I think holding it for a long time and selling it when you are losing, is something that doesn't make sense, unless the coin goes into a scam, or never grows.

We're not always have to sell in profit if we're doing a mid term or short term trade, sometimes we have to manage loss by cutlossing before we lose too much. Stop loss is always on in every trade we made because it's recommended by the professional traders also. So i think it's all about risk management and how we manage loss to make other profits.
sr. member
Activity: 2030
Merit: 356
August 14, 2021, 07:01:38 AM
when to sell & when to buy? yes of course you sell altcoin hodling that you have in your bag when you make a profit. You should not be confused about selling profit, because you know your buy price. You know the current trading rate all you have to do is calculate your profit percentage then decide to take it or wait for more profit margin and I think simple.
Actually it's not complicated to run and understand because everyone always likes to buy at a low price, then sell it at a high price even though you have to be patient for a certain time because it's not necessarily when you buy it, the coin will go up immediately.

If you buy a coin from the support, then most likely it will go up from your buying price. Most people usually does not know trading and buy the coin just based on the wish that it will keep going up.

Also you should always buy the altcoin with stop loss, so that if the coin prices start to dump, your portfolio is not stuck due to this reason.
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