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Topic: When sell holding alt coin in profit? - page 5. (Read 3486 times)

hero member
Activity: 2338
Merit: 517
Catalog Websites
July 28, 2021, 05:09:45 PM

Bitcoin is moving up.
I think that alts are also going to move up just as bitcoin next.
Maybe we are in the bull run again.
Looks like we're having an exciting start to the week as the market has rallied again. All in all, it still depends on BTC, I also see that dombtc is also going up, and it makes me feel like it's very likely that this new growth will lead the top coins to follow. 
And bitcoin did raised to $40k.
Just as what we're waiting for, we saw bitcoin again at that price level that we've been wanting to see.
dombtc? what's that? another altcoin too?
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
July 27, 2021, 12:19:02 PM
You should first learn how to deal with market volatility so you'll know what to do during a pump and dump. Setting a specific aim before selling, in my opinion, is an excellent method. It's a fantastic moment to sell once you've reached your target goal and made your targeted profit. Everything will be determined by the quantity of profit you wish to make.
Crypto market quite emotional for me, you can set sell order when you've reached your target goal. As you said market is completely volatile, it can goes up or down without any reason. You feel safe if you take profit, like you will upset if your holding alt take off 2x/3x.. just after your selling. I have lost huge money in the market, but at the end I'm happy as well what I gain.
the loss will give us valuable lessons and experiences. I experienced it too.
the key is always to focus on our planning. don't get carried away with emotions to keep going and following the hype.
if it's lucky then we can get out. if it falls too deep we can hold it in and change strategy for the long term.
hero member
Activity: 868
Merit: 504
July 27, 2021, 12:14:07 PM
You should first learn how to deal with market volatility so you'll know what to do during a pump and dump. Setting a specific aim before selling, in my opinion, is an excellent method. It's a fantastic moment to sell once you've reached your target goal and made your targeted profit. Everything will be determined by the quantity of profit you wish to make.
Crypto market quite emotional for me, you can set sell order when you've reached your target goal. As you said market is completely volatile, it can goes up or down without any reason. You feel safe if you take profit, like you will upset if your holding alt take off 2x/3x.. just after your selling. I have lost huge money in the market, but at the end I'm happy as well what I gain.
full member
Activity: 910
Merit: 101
July 26, 2021, 07:17:05 AM
When market tells you so. ATH is often a best time to sell it. Especially if ath happens on bear market
I've never seen ATH when the market was Bearish, because during Bearish everything went down without anyone being able to stop it, so what you say is a bit illogical in my opinion.
full member
Activity: 644
Merit: 100
July 26, 2021, 06:34:20 AM
at the point when cost is higher financial backers may have with alternative as shutting with length on contrast as qualifying various perspectives on choice with the exchanging. to get plan and follows with broad as overseeing same of comparable system with the exchanging chips away at bitcoin account
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
July 26, 2021, 05:22:42 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 as much as no one can actually tell you what to buy and when to buy, since most of the times we tend to follow our minds, in the same way, no one can tell you when to sell. Although most times, many people follow a call or signal on what to buy for long term, but however they hardly get a signal when to sell because your satisfaction point might be different from that of another.
However, just like you said, when to sell an altcoin when you are already in profit, the key word is profit, therefore if you are in profit you can sell anytime you want because you don't know what will happen next. In addition to this, I think the best way to go about it is by selling a certain portion at a certain price while making sure profit and capital is out, then hold some, just in case it pumps massively again.
sr. member
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
July 26, 2021, 05:15:51 AM
Usually sold because it has reached the target of selling holders, but some of them also assume to sell at a loss to take some of their capital. this is usually due to an imminent project demises. But usually, we have to take the right moment to sell on top.
sr. member
Activity: 2002
Merit: 250
July 26, 2021, 05:03:26 AM
When you decide to sell it. As a traders or investors we don't need people recomendation or people decision to sell our assets, we should analyze first before we're doing something. And also we don't have to sell at the peak and we don't have to always sell at the profit position, sometimes we have to cutloss to minimize loss, all thing we should do is analyze what we will do in the market before we take decision
Listening to suggestions from other people is of course okay but if we make it the final decision I think it will be a problem,
we ourselves should try to do research and analysis so that we can make the right decisions,
what is certain is that every trader has their own strategy so decide for yourself the strategy that suits what we want
member
Activity: 106
Merit: 11
July 26, 2021, 03:41:55 AM
Why not male target before investing and when achieved sell it. Before investing studied about a coin and see how much this coin can go high.  when touch All time High simply sell it and look for new coin.
sr. member
Activity: 1148
Merit: 252
July 26, 2021, 02:12:24 AM
When you decide to sell it. As a traders or investors we don't need people recomendation or people decision to sell our assets, we should analyze first before we're doing something. And also we don't have to sell at the peak and we don't have to always sell at the profit position, sometimes we have to cutloss to minimize loss, all thing we should do is analyze what we will do in the market before we take decision
full member
Activity: 941
Merit: 100
July 26, 2021, 02:05:06 AM
When market tells you so. ATH is often a best time to sell it. Especially if ath happens on bear market
is there any potential for a coin to pump up to ATH during a bear market?
the odds are very small for an asset that is mostly integrated with the bitcoin market.
actually very simple, we can sell when we get the profit. Don't be too greedy, we've already seen how the market traps a lot of greedy and angry people when it's too late to get pumping momentum.
plan each of your asset investments properly. and control yourself.
full member
Activity: 715
Merit: 101
July 26, 2021, 12:36:37 AM
When market tells you so. ATH is often a best time to sell it. Especially if ath happens on bear market
full member
Activity: 686
Merit: 103
www.fintropy.io
July 26, 2021, 12:11:10 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.

Regarding Bitcoin and some other fundamental currencies, I will not sell them until I need money that I have in them. Or another alternative for this issue to me is to sell in five years or around it on the bull market and then buy again in a new bear market that will definitely happen after the bull run. And in terms of altcoins, I withdraw from them in parts, the more my coin grows the bigger part of it I sell, but not all of it.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 25, 2021, 10:50:37 PM

Bitcoin is moving up.
I think that alts are also going to move up just as bitcoin next.
Maybe we are in the bull run again.
Looks like we're having an exciting start to the week as the market has rallied again. All in all, it still depends on BTC, I also see that dombtc is also going up, and it makes me feel like it's very likely that this new growth will lead the top coins to follow. 
hero member
Activity: 2338
Merit: 517
Catalog Websites
July 25, 2021, 08:37:28 PM
I am thinking about selling coins after the correction, waiting for the the pump
Bitcoin is moving up.
I think that alts are also going to move up just as bitcoin next.
Maybe we are in the bull run again.
legendary
Activity: 1862
Merit: 1015
July 25, 2021, 06:37:16 PM
if you bought a token for a long tarm holding and if you have a large target, then it is better to hold on to your target. But if you buy a token for short trading then You must sell your coins at a profit.
What you describe is a strategy of selling coins based on the period of holding the coin,
but the OP asked about how he sells when he has made a profit, I believe this is because he is worried that when he sells his coins the price goes up very high,
in this condition, usually I will sell some of the coins I have and move to other coins whose price has not gone up, so when the coins we hold go up very high we still hold some
member
Activity: 73
Merit: 10
July 25, 2021, 08:01:33 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 bought a token for a long tarm holding and if you have a large target, then it is better to hold on to your target. But if you buy a token for short trading then You must sell your coins at a profit.
5% for daily trades maybe could be good amount for us  if we can make it consistantly, in a month our portofolio will doubled. Profits in daily trade if accumulate actually could be bigger than we hold for long term , but it will need our trading skill and good psychology. Dicipline and not to be greedy will be the key to achieved our goal.
tyz
legendary
Activity: 3360
Merit: 1533
July 25, 2021, 07:38:15 AM
I am thinking about selling coins after the correction, waiting for the the pump

This is actually the wrong approach or the wrong strategy. You don't know how long the bear market will last. Of course, even in a bear market there will always be smaller pumps, but these are usually lower than the last highs. You have to sell your coins when the bear market starts, at the latest when there is a strong setback after the high. After that it can be too late for years and many do not have the time to wait 2-3 years until the next big bull rally starts.
member
Activity: 1540
Merit: 22
July 25, 2021, 07:18:27 AM
Trading is a game of timing and psychology and the key is patience. For now the market conditions have not fully recovered, many people are waiting and watching to enter the market, it is very natural where the market will go and market sentiment is considered necessary as supporting data when to buy and sell because the end goal is profit for those who have invested.
member
Activity: 775
Merit: 11
July 20, 2021, 05:01:12 PM
The question is where did you get the coins from? if you buy it in the market at a very cheap price of course now you can take profit then you can start buying it again when the price is corrected or if you still believe in the token then you can enter on several platforms to enter tokens in the staking platform so that you don't only hold tokens but you can take profit every month by staking tokens.
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