Topic: When to take profits from ICO (Read 555 times)
In short term perspective - sell right after the project hits big exchange (bittrex/polo or lower tier exchanges for smaller projects). The price is pumping usually in the beginning and you can rebuy a bit later. The timing should be very good though!
As far as I heard mostly people lose money from ICO's very few of thrm actually promising some product or have already
I believe you need to know in advance what you think is a good return. If price reaches this level sell 50% of the position and keep the rest. I would def. keep a portion of the tokens in such hot markets because it needs to just one time to go through the roof to make you a substantial additional profit.
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
+1 i think this makes the most sense unless you are a strong believer in the project and in the team i would be in afor aloing long hold.
if u invest in an ICO. I think we need make profit min is x50. so when bought token just forget it and wait till time everyone tell about that token. that the time to sell if u invest in an ICO. I think we need make profit min is x50. so when bought token just forget it and wait till time everyone tell about that token. that the time to sell I believe you need to know in advance what you think is a good return. If price reaches this level sell 50% of the position and keep the rest. I would def. keep a portion of the tokens in such hot markets because it needs to just one time to go through the roof to make you a substantial additional profit.
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
+1 i think this makes the most sense unless you are a strong believer in the project and in the team i would be in afor aloing long hold.
It would depend on the ICO and how successful it was, also how much money you have put in and how confident you are in the project.
If you can get away with making some profit and still leave some coins in the project it can't hurt, a few times I have got out soon after an ICO hits an exchange only to find out a few months down the road that I could have made a lot more profit.
If you can get away with making some profit and still leave some coins in the project it can't hurt, a few times I have got out soon after an ICO hits an exchange only to find out a few months down the road that I could have made a lot more profit.
ICOs is a short time project.
only some of them survived for the long time.
for example ETH,Lisk and others.
but they need a ton of people to hype it and they can keep surviving.
for now i don't believe we will see another type of ICOs again,because it's very obvious many people trying to open an ICOs to make a profit in a single night and then gone.
so the best time to take profit is when the ICOs hit the market.
dump it directly and take the profit
only some of them survived for the long time.
for example ETH,Lisk and others.
but they need a ton of people to hype it and they can keep surviving.
for now i don't believe we will see another type of ICOs again,because it's very obvious many people trying to open an ICOs to make a profit in a single night and then gone.
so the best time to take profit is when the ICOs hit the market.
dump it directly and take the profit
If I make really good profit from a ico, I don't pull out all the profits, I sell some to invest in other projects and continue to keep the rest of coins if the project is worth to hold.
I believe you need to know in advance what you think is a good return. If price reaches this level sell 50% of the position and keep the rest. I would def. keep a portion of the tokens in such hot markets because it needs to just one time to go through the roof to make you a substantial additional profit.
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
The markets are so hot that it is worth taking the risks of making less money vs. making A LOT MORE profit...
By selling part of your position, you still made money AND have the chances to make even more money.
As the old investment saying goes: "Cut your losses and let your profits run"
I hope that helps, good luck
My style is alway buy some hot ICO and sell when it's list on new exchange. price will always up 20-30%.
Hi all
I understand that my question is somewhat subjective in nature and its hard to call when to take profits from an ICO, but I wanted to know if there are any general tell-tale signs or strategies that one should decide to take their profits from ICOs
For example if a promising ICO (not an obvious shitcoin pump and dump) 5x's is that enough? Or should I give it an entire month, or even 2 months before deciding when to take profits, especially since I understand being too greedy can result in stretching oneself too thin and ultimately missing out on any profit.
And furthermore, lets say for example I decide to take profits once I have 5x'd, would you say to completely pull out the profits or should I go by a set ratio taking enough money out to cover the initial investment and then keep the rest of the money in there in the case that in next few months it moons (sorry for using that cringey word)
Or is there some better ratio like 80/20??
Anyways thanks for taking the time and happy huntings!
cheers
I understand that my question is somewhat subjective in nature and its hard to call when to take profits from an ICO, but I wanted to know if there are any general tell-tale signs or strategies that one should decide to take their profits from ICOs
For example if a promising ICO (not an obvious shitcoin pump and dump) 5x's is that enough? Or should I give it an entire month, or even 2 months before deciding when to take profits, especially since I understand being too greedy can result in stretching oneself too thin and ultimately missing out on any profit.
And furthermore, lets say for example I decide to take profits once I have 5x'd, would you say to completely pull out the profits or should I go by a set ratio taking enough money out to cover the initial investment and then keep the rest of the money in there in the case that in next few months it moons (sorry for using that cringey word)
Or is there some better ratio like 80/20??
Anyways thanks for taking the time and happy huntings!
cheers
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