Bitcoin Forum

Economy => Trading Discussion => Topic started by: imadmirer on July 04, 2018, 01:01:36 PM



Title: My Views on When to Sell
Post by: imadmirer on July 04, 2018, 01:01:36 PM
Most of us though would love to sell we just don’t do it. This is simply because we want to save the cake and eat it too! However, for a long term investor, when he gets the price right, he sells. This could be a considerably good profit or it could be a value with which a need of his could be fulfilled. But in addition to these aspects, there are far more intricate market related aspects that are taken into consideration by a day-trader before selling.

The day-trader simply wants profit. It is important how much profit he makes at every sell but it is more important what he made at the end of the day. Strategy, analysis, planning and control, all of these count.

The selling begins when the value of the coin starts shooting above the break-point. In this bullish graph, maximum benefit is reaped by the seller. It is important to note that selling is a continuous process. One begins selling as soon as the graph shoots above the break-point that the trader had marked.


When the graph hits a pinnacle until now in the coin’s life or for that particular day, maximum selling should take place until a significant resistance is noted. When resistance ensues, one can actually wait and watch after reaping the benefits to the heart’s content. When will this pinnacle be reached is nobody’s guess for we cannot predict what the market does. We simply go with what the market asks us to do.

So one has to plan very clearly one’s sells. The points and the value at which one sells is important. It is true that the earnings of a day-trader is calculated day-wise. But it is fine to wait for a day or two and compensate the earnings with better gains. If you have lesser coins and feel that the market will head even further bullish the following day then you may hold for the next day.

The one who studies the market thoroughly will be able to control his selling in the right way. And also when stagnation ensues around the break-point, it is better to hold the coins. When stagnation ensues at the pinnacle, one has to understand the behavior of the coin from its past patterns and take a call to either sell more or hold by expecting the market to soar further higher. But one important advice is to hold some coins always as part of investment as well as to be ready to sell when the market takes a sudden higher flight.


Title: Re: My Views on When to Sell
Post by: sedahan13 on September 05, 2018, 02:26:39 AM
No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.


Title: Re: My Views on When to Sell
Post by: husnanparebok on September 05, 2018, 04:51:58 AM
First, I must say thank to the OP for explaining the right time to sell and explain clearly and detail. In my opinion, when market reach pinnacle point, I sell 50%of my coin. And keep 50% left. And keep watching with Delta Apps (Android Apps)

When market indicate to start bear market, I sell 50% left.
When market going to up again, I keep watching till very high price, increase about 5% last price That I sell. Then sell my coin left.


Title: Re: My Views on When to Sell
Post by: coinnywide on September 13, 2018, 07:17:25 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.


Title: Re: My Views on When to Sell
Post by: Asawakobana2017 on September 13, 2018, 08:15:02 AM
First, I must say thank to the OP for explaining the right time to sell and explain clearly and detail. In my opinion, when market reach pinnacle point, I sell 50%of my coin. And keep 50% left. And keep watching with Delta Apps (Android Apps)

When market indicate to start bear market, I sell 50% left.
When market going to up again, I keep watching till very high price, increase about 5% last price That I sell. Then sell my coin left.
selling really needs a. Proper decisioning due to the constant change of the amazing crypto market, we need to make a good decision to avoid lossing , we cannot really sell this time because selling today is really a big loss in the near future, when the market begins to rise we. Cannot also easily sell because we need to set a limitation for the profit and for our possibly lose.


Title: Re: My Views on When to Sell
Post by: encryptedht on September 13, 2018, 09:31:19 AM
Thank you first of all for your intersting explanation. I'm trying to sell according to my system. I use 2-3R system to calculate profits and to establich stops.


Title: Re: My Views on When to Sell
Post by: encryptedht on September 13, 2018, 09:32:21 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.


Title: Re: My Views on When to Sell
Post by: jessica2020 on September 13, 2018, 10:04:17 AM
Thank you for your informative article, its give us an idea in day trading. The market is still unpredictable and you need to think before you sell your coins.


Title: Re: My Views on When to Sell
Post by: richminded on September 13, 2018, 10:07:45 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.
Its not easy because we choose to be more greedy, this happen when you don’t have target price while you are trading/investing. Don’t be afraid to sold you coin whether to take profit or to cut losses as long as its your target price, having good strategies like this can help you survive in the future.


Title: Re: My Views on When to Sell
Post by: ss890 on September 13, 2018, 10:35:15 AM
Yes people usually make the mistake of selling at wrong time and that is also when the crypto currencies are falling down badly. I mean they think that when the crypto currencies are falling down then they can save up some money by selling their holdings and thus not going into loss that way. But what they dont understand is, they are already going in the loss by doing that as they are selling in the loss itself. Once the crypto currencies are battling then we must not sell and that is the only way to go around it. Always wait in this situation and hold yourself until crypto starts to revert itself.  ;)


Title: Re: My Views on When to Sell
Post by: singularcrypto on September 13, 2018, 10:54:27 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.


Title: Re: My Views on When to Sell
Post by: rudox on September 13, 2018, 11:39:52 AM
Good analysis straight to the point but all these will happen only on normal situation in the market and the needs of the trader.If the trader is in dead need he will break all the known rules to sell just to have fund to mitigates whatever it is that is his financial burden. Unless he can get succor some where then will he follow the known strategy to sell  only when he is on profit. Most of the time our financial burden determine our trading strategy (emotion)


Title: Re: My Views on When to Sell
Post by: charlotte04 on September 13, 2018, 01:08:19 PM
Most of us though would love to sell we just don’t do it. This is simply because we want to save the cake and eat it too! However, for a long term investor, when he gets the price right, he sells. This could be a considerably good profit or it could be a value with which a need of his could be fulfilled. But in addition to these aspects, there are far more intricate market related aspects that are taken into consideration by a day-trader before selling.

The day-trader simply wants profit. It is important how much profit he makes at every sell but it is more important what he made at the end of the day. Strategy, analysis, planning and control, all of these count.

The selling begins when the value of the coin starts shooting above the break-point. In this bullish graph, maximum benefit is reaped by the seller. It is important to note that selling is a continuous process. One begins selling as soon as the graph shoots above the break-point that the trader had marked.


When the graph hits a pinnacle until now in the coin’s life or for that particular day, maximum selling should take place until a significant resistance is noted. When resistance ensues, one can actually wait and watch after reaping the benefits to the heart’s content. When will this pinnacle be reached is nobody’s guess for we cannot predict what the market does. We simply go with what the market asks us to do.

So one has to plan very clearly one’s sells. The points and the value at which one sells is important. It is true that the earnings of a day-trader is calculated day-wise. But it is fine to wait for a day or two and compensate the earnings with better gains. If you have lesser coins and feel that the market will head even further bullish the following day then you may hold for the next day.

The one who studies the market thoroughly will be able to control his selling in the right way. And also when stagnation ensues around the break-point, it is better to hold the coins. When stagnation ensues at the pinnacle, one has to understand the behavior of the coin from its past patterns and take a call to either sell more or hold by expecting the market to soar further higher. But one important advice is to hold some coins always as part of investment as well as to be ready to sell when the market takes a sudden higher flight.

I just don't sell if things aren't bad yet. I would continue on holding my stock/coin if thing are pretty and would still go up. But I always put my stop-loss if thing doesn't go on my way.


Title: Re: My Views on When to Sell
Post by: target on September 13, 2018, 01:35:56 PM

You got it right. Traders have thier reasons when to sell. Some sell when the market starts to bleed, this I think is because some are considering to accumulate tokens after the bear market when it they think its going to be to lowest possible the price can dip, they buy and this time they get more of the tokens. I don't usually do it because I sometimes lose but for those who knows how to do it right, its definitely worth it. I use to do it with XRP but this time it got me.



Title: Re: My Views on When to Sell
Post by: Gozie51 on September 13, 2018, 01:57:23 PM
For a hodler, it is always a panic time to sell or not to sell when price breaks his graph line because they are not sure again to sell or continue holding. It is seen as a time to make more profit and because we can't really predict the future price, price can drop more or gain.

So it is about determination to take one decision and not wait. I do sell when I decide when it triggers for my sell.


Title: Re: My Views on When to Sell
Post by: el kaka22 on September 16, 2018, 04:17:09 PM
No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.
Yes, the only thing we can do most of the time is to always stick to whatever plan or strategy we have and see how the market pans out. This is the reason why as long term investor, the need to know how to manage money while trading or investing in a market is paramount.

With that, even while you are selling, you are still getting to hold some part of the market just in case, and taking advantage of further trends and so on. Personally, when I see a market has reach an overbought stage, has hit a resistance and beginning to stall, then I know there would be no better time to sell than that.


Title: Re: My Views on When to Sell
Post by: mostkey on September 16, 2018, 04:33:32 PM
Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.


Title: Re: My Views on When to Sell
Post by: raven7886 on September 18, 2018, 08:50:16 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.
It is really not that simple because as long as you hit the chart, you will have to start making some concrete and fast decisions. The problem though is that a lot of traders want to have it all. When the market gets above the breaking point, they still want to hold on to it, and trying to see if the bulls will keep pushing it higher, and for a volatile market, we are all so conversant with how the market can drop pretty fast. What is important is not to get greedy, have a plan on how you want to be selling before even entering the market, and stick with a very good stop loss.


Title: Re: My Views on When to Sell
Post by: Gadhoh on September 18, 2018, 09:08:03 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.
it's just a trick that has been done since time immemorial or the first existence of a trade or digital currency, selling when rising and buying when prices go down but the main reason for all of that is our knowledge of when prices rise and when prices go down.


Title: Re: My Views on When to Sell
Post by: changxia on September 18, 2018, 09:09:32 AM
In my opinion, only long-term holdings and instant selling of two options, when I start long-term holdings, I will not pay attention to market trends, and when I trade every day, I will not hesitate to sell!


Title: Re: My Views on When to Sell
Post by: BBbill on September 18, 2018, 09:15:21 AM
No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.

iBlockchain is working with DeutscheBank, BlackRock Financial, and Digital Currency Group to create a fully transparent crypto fund that will post weekly ROI. With accredited investors from 7 countries, we are looking to buy out low-cap altcoins on 1-2 small exchanges so we can trigger a massive price rise. - t.me/iblockchainglobal


Title: Re: My Views on When to Sell
Post by: Ewinsane on September 22, 2018, 09:48:28 AM
Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.
I would always tell people that as long as they know they cannot trade the market, do not have any plan or strategy and have no way of even analyzing the charts technically, the best thing is to keep holding.

However, the mindset of people wanting to get rich overnight, hearing trading can give them the benefit without even understanding the risk makes them to fall prey to losing a lot at the end of the day just because of that mindset. As long as you have a strategy, you will always know when to sell and will always be comfortable with it.


Title: Re: My Views on When to Sell
Post by: Grimjule on September 22, 2018, 11:43:30 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.
it's just a trick that has been done since time immemorial or the first existence of a trade or digital currency, selling when rising and buying when prices go down but the main reason for all of that is our knowledge of when prices rise and when prices go down.
I think that it is not the right time to sell your coins because the price is too low and you will definitely lose your money. I suggest waiting for some more time and when the price increase little bit then you can sell out your coins. I will also hold my coins for ling time because before investment in crypto I knew that crypto investment is not for short time.


Title: Re: My Views on When to Sell
Post by: Luckym7 on September 23, 2018, 04:40:35 PM
In my point of view when you should sell your coin, it is totally depend on you. I see your prediction chart and it is not work properly but sometime it can help you for buy your token. Sell is depend, how many price you buy this token and when you see your buy price is overcome and you should sell this time because on that time if you sell I’m sure you can make a some money. Every moment I follow my buying price then when market pump then I sell .


Title: Re: My Views on When to Sell
Post by: avarnet on September 23, 2018, 04:47:07 PM
Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.
I would always tell people that as long as they know they cannot trade the market, do not have any plan or strategy and have no way of even analyzing the charts technically, the best thing is to keep holding.

However, the mindset of people wanting to get rich overnight, hearing trading can give them the benefit without even understanding the risk makes them to fall prey to losing a lot at the end of the day just because of that mindset. As long as you have a strategy, you will always know when to sell and will always be comfortable with it.
especially now that the time that must be used is to hold on until the market continues to rise until the price per coin becomes even more recently sold in order to get the desired profit


Title: Re: My Views on When to Sell
Post by: Jannn on September 23, 2018, 09:03:34 PM
The easiest time to know when to see is when the market moves more than 10% down in a day, it's usually best to sell out as soon as possible once you notice this movement because it tends to indicate a more severe drop is on the way, so you can sell out at a 10% loss, but then buy back in at the base of the dip, ending up with more BTC than you started with.


Title: Re: My Views on When to Sell
Post by: rodskee on September 23, 2018, 09:23:16 PM
Smart idea chart graph for technical analysis When is the right time to sell
People have an self study and strategy when is time to right sell or hold their coins
But sometimes even their had a lot of skills they can sell quick their investment because of panic
And nibidy can predict exact price where goes uprise the value.


Title: Re: My Views on When to Sell
Post by: mklost on September 23, 2018, 09:47:47 PM
It is hard to maintain the selling zone. Sometimes we sell at the low price and after a few days or months, price increases! That's why I stopped thinking about the price ups and downs! If I need money then I will not go back from selling my long holding coins! Though I like your views, but we can't make the right choice every time, sometimes we fail!


Title: Re: My Views on When to Sell
Post by: metalglowd on September 23, 2018, 10:07:25 PM
there are times when we have to do a cut-loss to avoid losses with a larger amount, at least we can use it in the future. no matter long-ter or scalping.
when I get a profit, in my opinion right then we have to sell it. of course at the beginning when we got the price for trading, it was not because of FOMO because the price to rise much higher after it also still had a very small chance which means high risk.


Title: Re: My Views on When to Sell
Post by: Jaycee99 on September 23, 2018, 10:36:38 PM

First Iam fasinated with your art work and for a fact that making not is not easy when yoy are a newbie, also a tip you can use your works/portfolio here and find a sideline to work on it is easy if you already know your art.

Also same as trading it is easy if you know that the running hole if you know what you will do with you problem and a job or work that you are familiar with like trading for example. If you know how it works it can help to know and get more money also learning more and learning from past failed trading can help you more in the future.


Title: Re: My Views on When to Sell
Post by: Kez1817 on September 23, 2018, 11:47:49 PM
  All of course want to sell coins in a higher price but it always difficult to predict when it will goes high and down. Every people has its own and different strategy on when to sell and avoid loses but we can't make it properly sometimes we need to sell coins even in a lower price because we need money badly. Thats why sometimes i didn't look at when the price go higher,all i have to do is holding and just sell if needed.


Title: Re: My Views on When to Sell
Post by: Pamahaw on September 24, 2018, 12:26:11 AM
  All of course want to sell coins in a higher price but it always difficult to predict when it will goes high and down. Every people has its own and different strategy on when to sell and avoid loses but we can't make it properly sometimes we need to sell coins even in a lower price because we need money badly. Thats why sometimes i didn't look at when the price go higher,all i have to do is holding and just sell if needed.
That is what also i am doing, hold and when need of money arises, sell. But as long as i can hold i will until their is a rise on value and if i will profit of it at least 10% then i will sell.


Title: Re: My Views on When to Sell
Post by: lutfi-hasan on September 24, 2018, 12:40:10 AM
In my view, if you want to sell coins, you should see the price movement first, if the price tends to decrease very badly, that's where the best place to buy, then 30% price movement will rise again. then that's the right time to sell the coin.


Title: Re: My Views on When to Sell
Post by: Ronaldcoin2017 on September 24, 2018, 03:05:40 AM
In my view, if you want to sell coins, you should see the price movement first, if the price tends to decrease very badly, that's where the best place to buy, then 30% price movement will rise again. then that's the right time to sell the coin.
Well selling is always depend on the current price of the bitcoin, if the price is low, normally the people will do buying and holding bit if the price is high most of the people around crypto will do selling. Because we can really gain a huge amount of profit if we are going to put basis on the price. I believe that the price of the bitcoin is always unstable and if we don't put basis on price maybe we will lose.


Title: Re: My Views on When to Sell
Post by: imsotiredofmoviereboots on September 24, 2018, 03:30:46 AM
I know my fellow traders have experienced their "what ifs" moments. It's always a good opportunity to sell when your altcoins are rising in value or even better when it is on the bull run but because there are no limit on what they can reach, we tend to become very greedy. That is why my strategy is to always sell 70% on that kind of situation.


Title: Re: My Views on When to Sell
Post by: nitammys on September 24, 2018, 06:29:13 AM
In my opinion, only long-term holdings and instant selling of two options, when I start long-term holdings, I will not pay attention to market trends, and when I trade every day, I will not hesitate to sell!
Long term holding is not for traders because they will have to trade for making money. Long term investment is for those who have no experience of trading or they do not have time for trading. They can only buy and hold their coins for long time and when they realize that the price is quite good now and they can make money while selling their coins then they should sell their coins.


Title: Re: My Views on When to Sell
Post by: goodluck0319 on September 24, 2018, 06:36:55 AM
the main essence of traders is to have different options for entry and exit in advance, until the moment when you entered the market. after all, the strategy you do not have to guess, you just have to cover your losses-profit


Title: Re: My Views on When to Sell
Post by: Moiyah on September 24, 2018, 12:09:16 PM
They are called "timing" for everything. Though, selling right away without further basis used like indicators will surely make your trading uncontrolled and will be utterly regretful. But of course, setting up profit percentage is also a big help and act as a sign to atleast gain profits.


Title: Re: My Views on When to Sell
Post by: PETES on September 24, 2018, 04:55:38 PM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

Maybe for some it's simple but a beginner can't distinguish this and only his intuition can save him from this, neither losing or take profit.
I like how OP illustrate the graph however this movement is hard and rarely to be seen and sometimes can be confusing if it's the one we're waiting. And his graph is more suitable in mid to long term trading.


Title: Re: My Views on When to Sell
Post by: iv4n on September 24, 2018, 05:18:38 PM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

Maybe for some it's simple but a beginner can't distinguish this and only his intuition can save him from this, neither losing or take profit.
I like how OP illustrate the graph however this movement is hard and rarely to be seen and sometimes can be confusing if it's the one we're waiting. And his graph is more suitable in mid to long term trading.

Most of you that look at crypto thinks that this is just a way for earning money, you will see in few years how wrong you are. You can sell when price rise, you can trade as long as you wish, but do you know what you really want? Answer is clear, most of you wish more money, and that`s the crypto problem, nobody thinks about the future and actually using crypto directly, most of you just think about making more money, fiat money to be precise. Why to sell at all if you don`t need the money? When I sell I`m doing that because I need money, or when I`m thinking that price will drop more so I will be able to buy more coins, my goal is only one, having more coins.


Title: Re: My Views on When to Sell
Post by: PETES on September 25, 2018, 02:54:55 AM
This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

Maybe for some it's simple but a beginner can't distinguish this and only his intuition can save him from this, neither losing or take profit.
I like how OP illustrate the graph however this movement is hard and rarely to be seen and sometimes can be confusing if it's the one we're waiting. And his graph is more suitable in mid to long term trading.

Most of you that look at crypto thinks that this is just a way for earning money, you will see in few years how wrong you are. You can sell when price rise, you can trade as long as you wish, but do you know what you really want? Answer is clear, most of you wish more money, and that`s the crypto problem, nobody thinks about the future and actually using crypto directly, most of you just think about making more money, fiat money to be precise. Why to sell at all if you don`t need the money? When I sell I`m doing that because I need money, or when I`m thinking that price will drop more so I will be able to buy more coins, my goal is only one, having more coins.

What's wrong in taking profit? Isn't trading is all about? We sell and take profit if we see it fit and that's how trading works, IMO. Not because we sell, we didn't think for the future, c'mon don't be ridiculous. Trading somehow made the market more organic and active and if we all just gonna hold what will be the market looks like? I know holding is also essential but it's still depend on a coin because there are coins that's more profitable when you trade them for short or mid term trading. What's the point of having more coins if you didn't gain anything? Don't get me wrong, I'm just more practical. Peace yow.  8)


Title: Re: My Views on When to Sell
Post by: Babyrica0226 on September 25, 2018, 03:01:46 PM
On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.


Title: Re: My Views on When to Sell
Post by: kickdapa on September 25, 2018, 03:31:31 PM
Such a wonderful explanation! This thread will be very helpful for every traders and holder. But we can't go through the rules all the time. Because sometimes people got panic! Sometimes we have to sell in lose or in a less profit zone. Because of Money needs. Crypto doesn't follow any rules actually! If you go through rules always then you can't make good things in crypto!


Title: Re: My Views on When to Sell
Post by: legenduim on September 25, 2018, 03:35:31 PM
On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.

It is too late to sell the cryptos. I am sure that if we stay patient and forget for some time about the market fall, it will be the best choice. I am sure, tokens and BTC will gain this year.


Title: Re: My Views on When to Sell
Post by: joyclicks on September 26, 2018, 01:11:05 PM
I know my fellow traders have experienced their "what ifs" moments. It's always a good opportunity to sell when your altcoins are rising in value or even better when it is on the bull run but because there are no limit on what they can reach, we tend to become very greedy. That is why my strategy is to always sell 70% on that kind of situation.
These are the rules of trading that when the price go up sell you holdings and when the price goes down buy more. Trading is a business and every trader wants to make money from his investment. it is the common way to take decision about your coins. There is no need to be panic too much and asking here and there what to do next. Be bold and patient.


Title: Re: My Views on When to Sell
Post by: Kolder on September 26, 2018, 02:00:53 PM
On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.

It is too late to sell the cryptos. I am sure that if we stay patient and forget for some time about the market fall, it will be the best choice. I am sure, tokens and BTC will gain this year.
Just think of our investment where freeze at this point in time and wait till December and see what we can do, whether to sell it already and identify if we see potential growth in it, its best to do in top alts, checked whether your coins can make it till December.


Title: Re: My Views on When to Sell
Post by: dr_hodes on September 26, 2018, 02:04:06 PM
I like the graphic you've put together. It has some basics of markets for beginners. However, this is not a complete sell strategy, just guidelines for market behavior. I can see this graphic being helpful for new traders, or those who do not understand the market.

Please continue to create this kind of content. I will look out for it. It can be helpful in teaching those brand new to cryptocurrency.


Title: Re: My Views on When to Sell
Post by: onrise on September 26, 2018, 02:09:24 PM
On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.

It is too late to sell the cryptos. I am sure that if we stay patient and forget for some time about the market fall, it will be the best choice. I am sure, tokens and BTC will gain this year.

Selling now will not solve the purpose as currently market is down and mostly people would have bought at higher rates. So it is beneficial to hold the crypto coins now and sell it later on when the market start to run like last year.


Title: Re: My Views on When to Sell
Post by: Jeremiesaranza on September 27, 2018, 08:28:14 PM
That's look to simple for me. Didn't get it, frankly. And it depends a lot, every coin is a world. Selling ETC is a different game than XRP, some low caps are totally different...


Title: Re: My Views on When to Sell
Post by: hicies on September 28, 2018, 11:46:35 AM
In my view, if you want to sell coins, you should see the price movement first, if the price tends to decrease very badly, that's where the best place to buy, then 30% price movement will rise again. then that's the right time to sell the coin.
Well selling is always depend on the current price of the bitcoin, if the price is low, normally the people will do buying and holding bit if the price is high most of the people around crypto will do selling. Because we can really gain a huge amount of profit if we are going to put basis on the price. I believe that the price of the bitcoin is always unstable and if we don't put basis on price maybe we will lose.
It is upto you, if you need money for your financial problems then you should sell your coins today, but if there is no need for physical money then I think selling for low price is stupidity. If you are a trader then you will have to check the market trend every moment and then take your decision. When you realize that now I can make some money, you should sell with thinking too much.


Title: Re: My Views on When to Sell
Post by: s31joemhar on September 30, 2018, 12:58:46 PM
In my own opinion selling coins is the best opinion to do, to obtained profit for the benefit of our future. It will be better to sell it for the highest price wherein the demands are too high in order to have huge profit; a return on our investments after several months ago.


Title: Re: My Views on When to Sell
Post by: tbterryboy on October 03, 2018, 05:56:53 AM
On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.

It is too late to sell the cryptos. I am sure that if we stay patient and forget for some time about the market fall, it will be the best choice. I am sure, tokens and BTC will gain this year.

Selling now will not solve the purpose as currently market is down and mostly people would have bought at higher rates. So it is beneficial to hold the crypto coins now and sell it later on when the market start to run like last year.

Whenever the market price is higher than your cost price then you can sell for profit but if your cost price is higher than current market price of Bitcoin then you have to hold it in order to let the price increases and then you would be able to sell that time. One more thing that is called productivity, if you have it then you will diversify your savings into many sources and you will never sell for small profit if you are productive.


Title: Re: My Views on When to Sell
Post by: Arthurian60 on November 05, 2018, 07:50:17 AM
Buying of coins is very easy. Anybody can buy and claim to be a trader. But the real issue is when to sell. When is the right time to sell after buying a coin? Sometimes you can be on profit and you will be tempted to leave your trade open for more profit and that's where the problem comes in. Once you are profit, sell off. Better with little gain than nothing a all. Don't be greedy when trading.


Title: Re: My Views on When to Sell
Post by: Maricel2017 on November 05, 2018, 07:55:35 AM
In my own opinion selling coins is the best opinion to do, to obtained profit for the benefit of our future. It will be better to sell it for the highest price wherein the demands are too high in order to have huge profit; a return on our investments after several months ago.
You will benefited if the value of coin is greater than value when time of your buying, selling coin is good if you see a profit even small amount the important is your investment is gaining and not taking losses. But there are still investors are always panic because they are too scared of loosing money also there are no person that may predict 100% correct that is why invest the amount that you can afford to lose.


Title: Re: My Views on When to Sell
Post by: Aivaryamal on November 05, 2018, 08:06:11 AM
Everyone sets goals for himself when to sell digital assets and depends on his deposit amount, someone is enough and 2% of profit with a deposit of $ 100,000, and someone is not enough and 50% if his capital is $ 100.


Title: Re: My Views on When to Sell
Post by: LeGaulois on November 05, 2018, 12:17:53 PM
Buying of coins is very easy. Anybody can buy and claim to be a trader. But the real issue is when to sell. When is the right time to sell after buying a coin? Sometimes you can be on profit and you will be tempted to leave your trade open for more profit and that's where the problem comes in. Once you are profit, sell off. Better with little gain than nothing a all. Don't be greedy when trading.

It isn't a problem. Greed can be cured. Obviously, you buy low and sell high, if it's done correctly there is no problem taking place. If (while already in profits) people leave a trade open with the hope to earn a few more percentages but finally didn't. It just a bad trade. Doing it repeatedly make you a bad trader  :P


Title: Re: My Views on When to Sell
Post by: alexyong342 on November 06, 2018, 03:51:58 AM
many golden nuggets in that initial infographic there, thanks for sharing

https://www.altcoinsidekick.com/blog/ignitus

dangers of groupthink and how your inbuilt biases, useful in most areas of your life


Title: Re: My Views on When to Sell
Post by: dmty.0809 on November 06, 2018, 09:25:51 AM
Reaching the maximum profit for trading now is very difficult, I lose more than profit, and some of my coins hodl. If the price of bitcoin and altcoin goes up again, the capital plus the profit I get can get 50%. Hopefully it will be realized soon.


Title: Re: My Views on When to Sell
Post by: charlotte04 on November 06, 2018, 05:14:09 PM
Most of us though would love to sell we just don’t do it. This is simply because we want to save the cake and eat it too! However, for a long term investor, when he gets the price right, he sells. This could be a considerably good profit or it could be a value with which a need of his could be fulfilled. But in addition to these aspects, there are far more intricate market related aspects that are taken into consideration by a day-trader before selling.

The day-trader simply wants profit. It is important how much profit he makes at every sell but it is more important what he made at the end of the day. Strategy, analysis, planning and control, all of these count.

The selling begins when the value of the coin starts shooting above the break-point. In this bullish graph, maximum benefit is reaped by the seller. It is important to note that selling is a continuous process. One begins selling as soon as the graph shoots above the break-point that the trader had marked.


When the graph hits a pinnacle until now in the coin’s life or for that particular day, maximum selling should take place until a significant resistance is noted. When resistance ensues, one can actually wait and watch after reaping the benefits to the heart’s content. When will this pinnacle be reached is nobody’s guess for we cannot predict what the market does. We simply go with what the market asks us to do.

So one has to plan very clearly one’s sells. The points and the value at which one sells is important. It is true that the earnings of a day-trader is calculated day-wise. But it is fine to wait for a day or two and compensate the earnings with better gains. If you have lesser coins and feel that the market will head even further bullish the following day then you may hold for the next day.

The one who studies the market thoroughly will be able to control his selling in the right way. And also when stagnation ensues around the break-point, it is better to hold the coins. When stagnation ensues at the pinnacle, one has to understand the behavior of the coin from its past patterns and take a call to either sell more or hold by expecting the market to soar further higher. But one important advice is to hold some coins always as part of investment as well as to be ready to sell when the market takes a sudden higher flight.

For me, when I decided to sell it currently for my trading plan if that was successful or a loss. But in the end the right way to sell if it is really the right way to choose from.


Title: Re: My Views on When to Sell
Post by: meusyou on November 06, 2018, 10:55:24 PM
Before taking any trading position, I always ensure that I know when to sell be it at +10% or even +5% and whenever I hit the target, I sell off without looking back. It's trading discipline and it is controlling greed.


Title: Re: My Views on When to Sell
Post by: apityeh71 on November 07, 2018, 12:43:22 AM
2 days ago I was trade LOC token and take profit 100% but after that the price keep rising to 500% , so I miss profit another 400%. So that mean is hard to predict how high the price will go when up trend. In this month a lot of altcoin was going up to more than 200% but I think just a little bit trader can make that profit. The more important thing in trading is avoid loss by use stop loss.


Title: Re: My Views on When to Sell
Post by: Msworld83 on November 07, 2018, 04:07:58 AM
This is incredible I must say , it really show some perfection in how we could trade as a day or long term trader or even medium, I do most especially if I see a coin trying to break the breaking point which is I very strong signal to buy in most time.


Title: Re: My Views on When to Sell
Post by: Cosbycoin on November 08, 2018, 09:39:11 AM
Buying of coins is very easy. Anybody can buy and claim to be a trader. But the real issue is when to sell. When is the right time to sell after buying a coin? Sometimes you can be on profit and you will be tempted to leave your trade open for more profit and that's where the problem comes in. Once you are profit, sell off. Better with little gain than nothing a all. Don't be greedy when trading.

It isn't a problem. Greed can be cured. Obviously, you buy low and sell high, if it's done correctly there is no problem taking place. If (while already in profits) people leave a trade open with the hope to earn a few more percentages but finally didn't. It just a bad trade. Doing it repeatedly make you a bad trader  :P
The easiest way greed can even be cured is when you have the knowledge and you know how to manage yourself well in the space, considering the fact that there is absolutely no way you can deal with your own emotions in the market when you do not even have a strategy in the first place.

When to sell, is always dependent on that strategy and how well you are able to execute them without any emotional attachment which greed could end up being one of those emotional attachments. What generally makes you a bad trader is trying to not let your plans work it out, but you just keep drifting over and over.


Title: Re: My Views on When to Sell
Post by: Daimon88 on November 09, 2018, 10:15:19 AM
I always have one rule for this. I work for my bitcoins, which means I do not buy bitcoin. I have been in this bitcoin and crypto market over 6 years now and never purchased a single bitcoin in my entire life, yet I still do not sell under certain prices. For example, if I need money, I sell my bitcoins and pay my bills, get food, pay for a movie, get a new game and so forth, I basically live with the bitcoin income.

However whatever is left in bitcoin, I do not cash that out, I cash about 25 dollars or so every time I need money and spend it and when its over I cash out another 25 dollars and keep doing this. Sometimes I have no expenses, sometimes there are some extra ones and life goes on like that.

No matter what the reason is I do not sell the rest and keep them in bitcoin. However when bitcoin reaches to a new "all time high" price I always sell all of it. Last time it was at around 20k I sold all I made from 8 thousand to 20 thousand, every single cent I earned I sold it right away.


Title: Re: My Views on When to Sell
Post by: Iykecolyno on November 09, 2018, 11:28:21 AM
The market can be somewhat trickish atimes, but applying certain disciplinary controls is required to stay afloat. The market could play a fast one when one is waiting for a break even and suddenly comes a dump and when someone thinks he has bought the dip and the coin dumps further. Sometimes these analysis do not work


Title: Re: My Views on When to Sell
Post by: ubercool on November 09, 2018, 11:52:51 AM
Good analysis and suggestions, but its really hard to predict the sentiments of a coin, there are lots of factors which cannot be predicted easily. People tend to go with the bullish trend and sell for small profits these days.


Title: Re: My Views on When to Sell
Post by: carodupuis on November 17, 2018, 07:41:54 AM
Buying of coins is very easy. Anybody can buy and claim to be a trader. But the real issue is when to sell. When is the right time to sell after buying a coin? Sometimes you can be on profit and you will be tempted to leave your trade open for more profit and that's where the problem comes in. Once you are profit, sell off. Better with little gain than nothing a all. Don't be greedy when trading.

It isn't a problem. Greed can be cured. Obviously, you buy low and sell high, if it's done correctly there is no problem taking place. If (while already in profits) people leave a trade open with the hope to earn a few more percentages but finally didn't. It just a bad trade. Doing it repeatedly make you a bad trader  :P
The easiest way greed can even be cured is when you have the knowledge and you know how to manage yourself well in the space, considering the fact that there is absolutely no way you can deal with your own emotions in the market when you do not even have a strategy in the first place.

When to sell, is always dependent on that strategy and how well you are able to execute them without any emotional attachment which greed could end up being one of those emotional attachments. What generally makes you a bad trader is trying to not let your plans work it out, but you just keep drifting over and over.

I think it is not a very big issue as when to sell. You definitely know your initial worth of investment and you also know your final worth of investment-the time when you are unable to decide what to do so simple is the fact that if you can make profit in the business, better sell it. There is really no need to be a pray of ambiguity and everything is very clear if you are willing to make profit. It is that simple. Plus addition of money in the form of profit makes more money so better stay motivated that you will cash more.