When sell holding alt coin in profit? - page 4.

mumang siat

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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.

When the coin gets the best moment, that's when you have to sell it, conditions like this are usually rare, but almost all coins experience that opportunity, these opportunities usually occur at a certain moment, whether planned or not.

This case actually happened to coin doge yesterday, so people took advantage of this condition, to sell all their stored coins and I'm sure this condition will also be experienced by other altcoins, both in the near future and in the long term.

Devifajarina

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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 have been holding Altcoins for so long then you need some alternatives for now, if you don't want losses to befall you, the current market conditions for altcoins are not easy, you have to be really observant in looking at them, when you get a chance to sell, You have to give up all those altcoins.

We usually get this condition at certain times, such as the state of the doge at that time, and almost all altcoins get that moment, both long term and short term, still monitoring current market conditions, whether normal or not.

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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.

At least I will sell whenever I have enough to purchase and own my own house/property. Doesn't mean I will stop investing in crypto though but right now, my goal is to buy a house. I don't need to be rich. Im just aiming to be comfortable.

TheListener

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Now days altcoin perform best movement because bitcoin movement is very best so it's time to get a benefit from altcoin in one or two month altcoin going to moon always book a short profit from altcoin because altcoin is risky .

aquafinewater

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Yes altcoin holding for long term may b risky but if we do with statergy then get a great benefit always buy altcoin In dip and then chk resistance and hold for a target now days altcoin session is coming so get a best benefit

btcltcdigger

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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.

My personal strategy is that i set a price at which i sell half the bag.
For example ADA, i sold the 1st batch at $1, and second batch at $2.
And i've been HODLIng it for more than 2 years

Wulan_maniez

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It's good if you don't get greedy because you want to take a lot of profit. Moreover, the upward trend of altcoins is basically because
bitcoin is bullish. But in crypto investing, we can never accurately predict where bitcoin will go which is followed by all altcoins.
So sell your investment coins at a time when bitcoin is bullish, because if you buy coins when the market goes down,
then you've pocketed a profit. Set your target!

darahjuang

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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.

What old coin name are you keeping so we can tell you a suitable alternative. Maybe the old coin you saved is Dogecoin. If it's true, then it's better for you to just hold it for a time that we can't mention. Because right now Dogecoin can't give you profit.

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.

When you market is going too much pump just like BTC or any upcoming news this time you will hold your alter token and when you see the market going to down or coming to some bad news this time you will sell your stock and reserve USDT for good time buy something again when come market will move to thank you.

Digital_Lord

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If you have set any target profit or target limit then you should sell at that price and shouldn't be greedy. But If you have not set any target then you should sell your asset in parts by small prices difference. You can sell in 5 parts. Sell 20% in every part then maybe you will be satisfied by profit.

BobK71

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Cryptomarket is a technical place. It remains to be seen who will be able to buy first and who will be able to sell first. In the middle of this, it is up to him to apply all kinds of techniques for making profit. Basically we all hold altcoins to get good profit. But when you hold or sell is entirely up to you. I think if you think that after buying any coin you have made 10-20 percent profit you can sell it. It will actually depend on the market conditions.

viananda2525

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it is easiest thing to do by traders actually and no need any skill. We could sell our crypto assets when its value increase as how much our target. when it rise 5% and its be our target than close it and dont open again till new valid signal occur again. alot traders didnt dicipline with this trade plan and let their positon opened.

rahmathidayat93

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Quote from: bosede1 on August 12, 2021, 09:39:20 AM

Any coin I hold is for the purpose of gaining profit and by this, I mean to double the acquisition price. For me, I will sell any altcoin during the pump only when I need money for something and couldn't get it elsewhere.

It's just part of your own strategy and your personal desire, because everyone wants to get a lot of profit even though not in the same way, because everyone's strategy is very different in terms of looking for profits.

goolesby

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Momentum that can be the right time to sell crypto is when the coin price is high. In investing there is one rule that investors need to remember, namely Buy When Cheap and Sell When Expensive.
Rapid price swings make crypto asset investors also need to regularly monitor the price of a coin. 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.

glendall

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if you have an altcoin that you have kept for a long time and is listed on a new exchange after a long time of waiting you should wait 1-2 weeks until the price stabilizes but when the listing has reached the ICO price, immediately release it and be ready to buy back when the coin is dumped/corrected

otundebis

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It is important to set a price in advance how much you want to sell your altcoin. There are good altcoin that inspired confidence and you have nothing to worry about those ones. But if you buy an ICO token/ coin with promises, and you do not sell and take profit when you have one, you are likely going to be holding someone else's bag!

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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 difficult to know in advance when to sell long term held Altcoin. But I think you should sell only when you have some profit. Because if you expect more profit, you may lose all your profit. So don't be too much greedy.

take decent profits in each trade and dicipline to close when target achieved. we have several option with our investment , is it used for long term or only short term. for long term we need to wait till all plan realized and give positive effect to its price. the biggest mistake in market usually we didnt set our profits or stop loss target , due our confidence we didn care about it.

bosede1

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Any coin I hold is for the purpose of gaining profit and by this, I mean to double the acquisition price. For me, I will sell any altcoin during the pump only when I need money for something and couldn't get it elsewhere.

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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 difficult to know in advance when to sell long term held Altcoin. But I think you should sell only when you have some profit. Because if you expect more profit, you may lose all your profit. So don't be too much greedy.

because people who don't know when to enter and exit the market are bound to lose.
Greed is the main trait that is a problem for crypto traders and investors. they work without good trading and investment planning.
as long as the price goes down they buy. and sell it when the price goes up. very simple, but without planning and analysis what is done can result in losses if market support does not match expectations. what happened was panic.

Gayong88

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Depending on which investment choice we choose, if you have a long-term type of investor mentality, it is the main choice and it is proven to take profit and update information as much as possible and follow tough investors

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