Topic: When to Sell Cryptocurrency... - page 2. (Read 1081 times)
Man, as i could see it, digital currencies are unpredictable. It can go up too high in an unexpected time or could go low otherwise. Selling your cryptocurrency really depends on your firm decision that if if you think you can profit by selling it today, then go. But if you think you can profit more tomorrow, then hodl for now.
Hi there!
I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
any thing is fair. but you need to consider whether it posible or not. expecting value grow too high only results an opportunity lose. expecting high value grow is not bad idea but it have to be able to be realized I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
x50-x1000 lol
People got crazy with this crypto madness
What if I say that coin you unvested yesterday will not survive during next year?
Especially if we're talking about some shitcoin from top-500
I would be happy if the coin can make x5 profit, infinitely happy if I get x10.
Okay, if we're talking about some real coins from top of the list and you're ready to wait 3-5 years.. probably
But still no guarantee at ll
People got crazy with this crypto madness
What if I say that coin you unvested yesterday will not survive during next year?
Especially if we're talking about some shitcoin from top-500
I would be happy if the coin can make x5 profit, infinitely happy if I get x10.
Okay, if we're talking about some real coins from top of the list and you're ready to wait 3-5 years.. probably
But still no guarantee at ll
Sell your coins when you feel the price is worth the standard you set. How many times the investment is relative depends on what price you want.
Everyone would want that. but market conditions in cryptocurrency are not that easy. you must know the cryptocurrency conditions and are good at making decisions in choosing the right investment in cryptocurrency if you want a large percentage of profits.
since yesterday, I see our chance to wait for a while because almost altcoin in every exchange shows the sign to goes up. I think we can try to sell in this day or in next few days later when the price of altcoins increases fast. we can see that ethereum, litecoin and ripple increase yesterday and now I see the price wants to break higher and the other coins want to follow this coins too. but if you want to take a profit right now, you can try to sell some amount of your coins and then wait for a little to see the price increase again.
If you want to sell a chunk the best way is to cost average it and sell over a period of time. And NEVER sell ALL of your coins. At least leave 5 or 10% in case it skyrockets.
When the coin goes up and I am in the profits (more than my buying average) I start selling slowly. And with every sell, I earn profits. Because you don't sell everything you always have some left if the price keeps rising. That only means more profits. It's a good thing. It's simply impossible to guess the top.
I want to sell about 1/4 of all my crypto at the end of the year. Why? To buy presents. May be go skiing.
I want to sell about 1/4 of all my crypto at the end of the year. Why? To buy presents. May be go skiing.
Good evening . When to sell each person decides for himself ssebya who sells the coin will make 100% and periscope below ,who holds a long fishing x50-x100. This choice
I think that it depend on how much profit you want to take, you can hold for long-term and sell it when price X3, X4 even X10. Or you can hold for mid-term, when price rise to 50-60% and take profit.
It is based on what coin you're holding,if you are holding like potential coin or famous coin like Ethereum you need to set a goal price for it when your coin reaches that value then sell that coin.Or if you're holding cheap altcoins then you need to watch the price always when it started to dump yiu need to sell because some altcoins never bump after their price crash.
Lol 50-10000x with crypto from the current point 
Its better to cashout when you will make quite good profit like 2x or 3x in just few months, if you will not sell crypto at peak point you might get stucked with lots of shitcoins.
Buy coins when they are undervalued, sell them on peak price during huge pump (almost every cryto have one big pump).
Its better to cashout when you will make quite good profit like 2x or 3x in just few months, if you will not sell crypto at peak point you might get stucked with lots of shitcoins.
Buy coins when they are undervalued, sell them on peak price during huge pump (almost every cryto have one big pump).
exactly that unless the coin has huge potential and can still grow tenfold like iota for example
sell if in your opinion maybe this (price) make enough profit for you
don't wait until long time and don't wait until reach maximum price because you can't know what price maximum of cryptocurrency
because price altcoin is fluctuating. sometimes can up (pump) and can going dump (down)
don't wait until long time and don't wait until reach maximum price because you can't know what price maximum of cryptocurrency
because price altcoin is fluctuating. sometimes can up (pump) and can going dump (down)
When to sell any currency depends on the need or profit determination of every investor. Investments are of two types’ short term and long term. Short term investors expects small amount of profits, where as long term investors wait for more profits. Sometime people need large amount of money for some unexpected incidents at that time they liquidate their assets and raise money. Same is the case with cryptocurrencies .
The best time to sell your crypto is when you need it the most. If your instinct says your profit is already enough for what you need, then sell it. There is no point of holding your crypto for the hope of gaining more profit in the future when your basic needs is at risk. Expect to regret a little but if the purpose is served, then you are doing the right thing.
Hi there!
I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
Hi man, if you sell it when price increased by 50-1000, then you must have a strong mentality. Crypto price sometimes unpredictable, even you already using many indicator (MACD, RSI, CCI).
Many people do not understand this that exiting from a trade is as much important as entering the trade. To do this correctly and make money in crypto or as a matter of fact in any kind of market, you need to understand how market cycles work. A simple google search for wall street market cycle chart should give you a good idea about it.
hi man, i just try your suggestion to search "wall street market cycle" and it awesome man! i found this infographic: https://id.pinterest.com/pin/307652218273705846/?lp=true as a newbie trader, it's very helpful
Apparently, I am such an investor who bought coins for a long time. It just happened that at the moment almost all the coins that I bought in the summer now are cheaper than when I bought them, if you look at the ratio of altcoin- bitcoin. I do not sell anything, I'm just waiting! 
everyone himself determines for himself the squalor of the profits he wants to receive, not less than 100% of course 
I can suggest you look into more valuabe coin to invest.Theres a lot of shitcoins out there that will give you a fast profit. I found an interesting project recently but Im in doubt. Mytimecoin, its like casback by coins for watching or using information from partners of it. Have anyone heard about it?
Hi there!
I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.
In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).
Would you say this is fair?
Thanks in advance for your comments! :-)
Michael
You are a great optimist! A very rare person can be so much lucky to get this profit. The rule for selling altcoins is simple — just sell alts on their highest rates and buy coins when they are down.
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