Bitcoin Forum

We all probably invest in multiple projects and let our investment run for a while in a hope of getting profit. Sooner or later the principal amount starts to generate profits. At this time it becomes critical when to let your principal roll or take out and let profit roll thereafter.

This decision is quite difficult considering some coins like NEO, STRATIS, WAVES etc out there which definitely going to increase in value in long term. If you pull out too early you might end up missing on x10 or x20 times profit and simply be left with x2 or x2.5 times profit. This is where its very crucial.
How to judge this scenario?

I am just trying to learn and improve, gather new ideas, open to new opinions. Things which each of us perceive differently. Please enlighten with your view and valuable opinion. Thank you.

when you reach a satisfying profit and speculate there is a dump near. and there is no exception about the dump it comes for all altcoins that get pumped.


first of all think about the numbers you are saying.
for example if you invest 1BTC and gain 2x return that is 1BTC profit which is in a short time and equal to $4000 (or is it $4300 today :D)
are you not satisfied with your lets say 3 day $4000 profit?!!

also i have to say if you think the alt is going higher, as you put it "10x or 20x" then you put "it" back in if the price started rising after your "pull out" ;)
for example you invest 1BTC, pull out 2BTC but it keeps on rising, you put 2BTC or 1BTC back in and gain another 2x or5x or whatever.

First point is quite difficult to judge due to variations in market and frequent pump by whales. Not to forget the fluctuating BTC also causes sudden tremors.

I agree with point 2 that you can always get quick profit and willing to sell and be happy. But the feeling of content will not be there if coin rise higher once you have sold it. This leads to point 3 and you plan to buy back the coin but sudden dump or loss will eventually lead to loss of confidence and risk taking appetite. If there is constant rise then eventually you will still end up earning x2-x5 time which is still good but comes at a high risk.

I am sorry but you can't decide to pull out at the right time, you will decide to pull out your invesment when you lose big proportion of it.

when i see too many dump in a row i know that coin is not going anywhere, but it's not very easy to tell sometimes, you need to see if the dev is active too and if there is enough hype

set targets. stick to them. anything else is a recipe for ruin and madness.

you'll miss out on pumps. you'll also miss out on disasters.

if you really believe in a coin then you shouldn't be paying attention to pumps or dumps. sit in it until it achieves its potential.

Agree, Hype and development work keeps the coin alive and kicking. So this is very important point to determine whether to let your principal roll.

Very valuable input, Set Targets - 100 % Agree. Without target or knowing where we wanna go, we simply cannot achieve anything. We are just confused and calculating all the time. Only if we know our target once we start our journey, will we end up reaching the destination.

This is the toughest question for me.

If there was a complete crypto currency crash, I would hate myself for not cashing out when I was so far ahead and letting greed get in the way of realizing gains. If I was to cash out and the market continued to rise, I would hate myself for giving up potential gains. FOMO all around.

Disciplined investors often have strict price targets and cash out when they are met, they do not let emotion and FOMO affect their decisions. This is probably the best way to invest, I just can't bring myself to behave this way. I'll probably read this again at a later date and regret not investing with more self-discipline.

I believe in dollar-cost averaging, a diverse portfolio of cryptocurrencies, and a long-term view. It's very, very hard to avoid getting caught up in the highs and lows of the crypto markets and hearing tales of everyone else "hitting it big" with ABC or XYZ coin. Make a plan, stay the course, and HODL!

In the end of the day its really up to you when you are going to pull out in your investment in crypto each of us have different ideas and its up to you on how you are going to use it. For me there is no right time because I will not pull out my investment in crypto because I already have build up some BTC in the past months since I started and I want my investment to sky rocket high, I did not invest any real money but I got my BTC from scratch earning through hard labor, this is why I won't pull out anytime soon. I hope for those guys who are thinking a lot on if they gonna pull out or not, just don't yet because bitcoin still did not reach its limit it will still increase in the future and I do always believe that. Good luck to us.

That doesn't make sense or i can say that will be senseless. Because you can take your or pull out your investment anytime as you want in many conditions, but the right time to pull out our investment if we already got a lot of money from our investment. That must be calculated by the user itself.

Thats the problem i face too while trading. Whenever i get a small amount of profit, i just sell the coins and find out that the price had increased further more. Whenever the price of a coin i bought goes down i wait for it to recover but it keeps going down and i lose more of my money by selling it. I have realized that i have to wait and be  patient. Although its a good thing to set targets and sell at those targets but who wouldn't mind extra money in their pocket. Its just a matter of time where we have to keep calm and trade coins.

First of all, if you invest on some coins, you must have some basis for it and not just pure hearsay and hollow suggestions. At least you are basing on a reliable technical assistance with some target prices. That is already a good point to start. Aside from that, you will also consider the events happening in relation to the project.

In the absence of all these, you are left with nothing but your gut instinct and some amount of self-control. Because there are trusted coins and you probably some have of them. By the time these acquire some price increase, better to prepare selling them by the time the line shifts downwards.

No idea why you think you are investing.
You purchased a product.. a scammy digital "token".
How does this correlate to the people who made the "coin" ?
Are they held accountable or have pledged anything to "investors" ?

I'm curious when do you all wake up and see you are simply participating in Pyramid schemes ?

You are not investors but new age digital ponzi scheme variant supporters.
BIG DIFFERENCE !

I agreed with your views. There is no way we can catch the "highest" price for each pump. I usually set a target, sell and don't look back.

i think you have the point to decide when the right time to pull out your investment because its all about how much you want to take profit in crypto. my suggestion is don't be greedy when you can take the highest profit because the price will be drop suddenly and you only can take small profit. its happen to me in the past so i think its better if you have a set price on how much you wan to sell and take that profit.

I think you should set a target for the investment first, for example, 20% or 100%, and it is reached, you should sell them out whether it seems so promising, or you may lost more if you always keep it.

Targets most of the time are  not reached because only a few number of coins do a X10 or X20 pump in the past and even if you set target, if price wont reach it, you will be forever be bagholding your coins until its too late. The best way to decide the right time to pull out your investment in crypto is to be updated on the news to know if the hype is over or not. If you feel that the hype is over, pull out your investment on a particular coin and move on to another one.

Yes, sometimes greed can be bad. Rather than expecting price to rise better take out initial investment and sell only those coins. Rest all can keep for rolling. As fluctuation can totally shatter the market.

I think we need dedicated targets. First target should be to get your principal back. Second target should be realistic profit say x5-x10 and thereafter you can let the remaining amount to roll in future. Even if it goes down than must be confident and not get disappointed.

My favorite quote about investing -- yes, even better than "Buy low, sell high" -- is "Pigs get fat. Hogs get slaughtered." In other words, it pays to be greedy, but not too greedy. None of us can predict the future, but with a little self-discipline, we can take advantage of trends and make a good return on our investment.

I would quit when i reach my wishful profit... that is 200.000€

If your not using tools like coinigy it would be hard to tell but if it goes on a huge run really fast more then likely there will be a price correction and in those situations I would sell some of what you have and place a buy orders incrementally below 15% down from your sell point as the market tends to retract around 32% on average