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Author Topic: When do you plan to sell?  (Read 92501 times)
Ziskinberg
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September 28, 2017, 07:01:49 AM
 #1021

Of couse it will always depend on our own decision that we will make, we should be wise. I am willing to sell my coins at higher price even emergency purposes doesn't involve. I believe everyone of us has an exit point. So we need to grab the oppotunity of selling to high price and buy when it goes down.
Avoid being greedy in trading because you will regret in the end, when you have a target you have to follow it no matter what.
However if it's in a situation where we are really in need of money then we will be force to sell our bitcoin at any price at that time because what is more important is to solve the problem. To avoid that, make sure you have enough savings allocated for emergencies and only invest a portion in bitcoin so you can execute your investment plan pretty well.

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Bitcotalk
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September 28, 2017, 12:32:01 PM
 #1022

I can't keep my coins for that very long time, I always spend to cover my daily expenses so it is best to have more source of income for you to be able divide your earnings in different financial status. I sell my coins everytime I need money like now, I rent a room for myself and bought some things.
It is good if you are suing your coins for meet your daily expenses but I will still like to suggest you saving some bitcoins for future purpose because we all know that bitcoins are the future currency and they will definitely increase in value further in the near future. Try to work little harder so that you can save some of your coins for safe future.
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September 28, 2017, 12:50:38 PM
 #1023

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

For me my exit point if my investments profit reach 100% profit. I will sell around 30% of my coins and use it for my finances and savings as well and also investment while the 70% i would still hold because we never know how much it would still earn in the future.
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September 28, 2017, 01:54:54 PM
 #1024

If the price didn't go with my expected selling point instead it turned its head towards my entry point, as long as i profit from it, I SELL.
Monitoring the market price is most important thing in trading, likewise, selling or not depends upon an individual’s strategy. If you are doing day trade then selling matters at each and every point. But if you are holding then selling is not difficult matter. As you, that is better strategy whenever you get a specific percentage of profit, just sell it.

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September 28, 2017, 02:00:52 PM
 #1025

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

Depends what I invested in. If its BTC / ETC I dont plan to sell for the next 5-10 years. If we are talking about ICOs, I usually sell my initial investment after the ICO and always have the same amount to reinvest into new ICOs. Has worked very well for me so far.
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September 28, 2017, 03:07:00 PM
 #1026

This is something that is increasing day by day, without my need I will not sell. Because I know it's doubled. So I'll save them, and then sell it later, understand the time
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September 28, 2017, 03:46:37 PM
 #1027

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I am not planning to sell my Bitcoins anywhere in near future. As long as I can remember, Bitcoin is only showing growth and nothing else and looking at the current trends, only a higher price of Bitcoin is expected. Bitcoin still has a lot of potential.
As stated it has got an increased potential to grow big and provide better profit to its users than any other form of investment or asset holding. So, same as the above mate I don't have plans of selling it now. A small amount is there for desperate needs and when I can't manage with that anymore will sell.
A lot of people need to know this. The growth potential of bitcoin is very high and it only take someone who can read in between the lines to understand that. Selling is not a crime, but selling all you have is like depriving of oneself from the benefit of the future. There are so many ways one can multiply what one has, with that, storing part of it and removing part of it probably for sustenance is perfect to me.
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September 28, 2017, 03:48:24 PM
 #1028

This is something that is increasing day by day, without my need I will not sell. Because I know it's doubled. So I'll save them, and then sell it later, understand the time

We couldn't tell when is the right time to sell bitcoin because its price is increasing everyday, and it depends also on us, if we need the money then why not sell some, what is important here is you don't have to sell all of your bitcoins in just one shot, you are going to sell it little by little so that you could see the profits that you are making in the long run.
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September 28, 2017, 04:07:54 PM
 #1029

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
Is been a long time I have been waiting for my exist point of $5,300 target, which I believe before end of December, 2017 the said exist point will be achieved. I bought bitcoin when its value was around $2,450.56 and my target is to sell when its value reach 100% profit of what I bought, which I believe is achievable if all things remain equal  before end of this year.
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September 28, 2017, 04:17:55 PM
 #1030

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

usually i take 20% sometimes im waiting momenth like new update new wallet etc. something like that

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September 28, 2017, 04:47:19 PM
 #1031

This is something that is increasing day by day, without my need I will not sell. Because I know it's doubled. So I'll save them, and then sell it later, understand the time

We couldn't tell when is the right time to sell bitcoin because its price is increasing everyday, and it depends also on us, if we need the money then why not sell some, what is important here is you don't have to sell all of your bitcoins in just one shot, you are going to sell it little by little so that you could see the profits that you are making in the long run.

Its true we couldn't predict what are going to happen in btc pricing. When it going to rise to its peak value or dump as low as we expect no one can tell. So in my situation I am selling my coin If I only needing a cash, if I really needing to sell it for some important reason. So, there is my only advice to newbie here If you have your bitcoin and can still hold it  could be a good option or decision you can make.
Investing is good than wasting what you worked for.
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September 28, 2017, 05:40:36 PM
 #1032

At present bitcoin rate growing so it is not proper time to sell i think. Because bitcoin can be double in future. So now this time is bitcoin saving time not selling time for me. Even bitcoin can change our future. I will sell when my bitcoin become double.
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September 28, 2017, 07:44:48 PM
 #1033

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

"exit point"?! are you kidding me? why would i even want to exit bitcoin. you know bitcoin is the coin of the future and the only way it is going to go is up, regardless of how many corrections it has the overall price is always going up.

with that said i have sold some coins on this rise to make some profit and only because i needed the money but i am still holding the majority of my coins.

When you sell the bitcoin you watch price in the wallet it will use full to sell the bitcoin at the time. Bitcoin price is changing any time, so it will care to watch and sell the bitcoin it must for the shell process and you will get more profit. If sell plan for it.

 
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September 28, 2017, 08:45:58 PM
 #1034

As of now I have no thoughts of selling my coins yet, but what I am careful to observe is when the coin I invested is continually going on a down thread lowering down 60% and continuously going down without it getting back or rising even a bit of its value, then I think that is the time where I sell my coins and invest it to someother coins. Well, its gonna be considered as a loss, but the remaining coins might just give me more profit.
I will suggest the same. I am not saying that the price will not exceed our set target after we have sold out the asset but that is a risky way and maybe a person keeps on waiting forever. I have one solution in this case. For instance, I bought a btc for 3200 dollars and want to earn 400 dollars. Btcs become worth 3600 dollars but I keep on waiting. Then Btc touch 4200 dollars and start falling down. I must sell out BTCs before the price reduces below 3600. This way, we will always earn.
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September 28, 2017, 08:49:40 PM
 #1035

I am going to sell my coins when i have the opportunity to create a good bussiness in my country, i dont want to be stucked with my bitcoins until it reaches $10k - $20k, i just wanna withdraw them when i find the chance, and then try to earn more bitcoins, so i dont expect much about cryptos, but if i take a little profit then it is ok, since i bought most part of my bitcoins at $1900 each one.
But it depends on how it goes in the next years, of course.


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September 28, 2017, 08:58:13 PM
 #1036

At present bitcoin rate growing so it is not proper time to sell i think. Because bitcoin can be double in future. So now this time is bitcoin saving time not selling time for me. Even bitcoin can change our future. I will sell when my bitcoin become double.
What double in future are you kidding me? Bitcoin is going once again double in a some days as you said that future you mean that it will take some years but buddy you are wrong it will take some days.
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September 28, 2017, 09:43:33 PM
 #1037

I am going to sell my coins when i have the opportunity to create a good bussiness in my country, i dont want to be stucked with my bitcoins until it reaches $10k - $20k, i just wanna withdraw them when i find the chance, and then try to earn more bitcoins, so i dont expect much about cryptos, but if i take a little profit then it is ok, since i bought most part of my bitcoins at $1900 each one.
But it depends on how it goes in the next years, of course.


Same goal here but not all of it will be dumped. Right now, I don't have anything to do such big investments or business that requires big money that's why my bitcoin is just hold at the moment and just enjoying the price increase.

But near in the future, when I already setup my goals and only money is left as requirements, I will not hesitate to sell my bitcoin but still I will left some to still enjoy the expected price hype in the future.

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September 28, 2017, 10:58:46 PM
 #1038

I am going to sell my coins when i have the opportunity to create a good bussiness in my country, i dont want to be stucked with my bitcoins until it reaches $10k - $20k, i just wanna withdraw them when i find the chance, and then try to earn more bitcoins, so i dont expect much about cryptos, but if i take a little profit then it is ok, since i bought most part of my bitcoins at $1900 each one.
But it depends on how it goes in the next years, of course.

Thats good, create your own business is good for your financial freedom. Also,  it could be good chance to get more bitcoin if you offer bitcoin as payment option to your customers. I think you are know that bitcoin is good as investment,  aren't you?. I have the same plan with you but I will not sell all of my bitcoin because it is too worth for me.
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September 28, 2017, 11:06:09 PM
 #1039

At present bitcoin rate growing so it is not proper time to sell i think. Because bitcoin can be double in future. So now this time is bitcoin saving time not selling time for me. Even bitcoin can change our future. I will sell when my bitcoin become double.
While your saving and holding your bitcoin then why don’t you try to trade it or invest it with icos and alternative coins? We know that the price of bitcoin is not that stable as the chart showing us bitcoin is already that kind of un stable pricing because people are making profit with that but pretty sure that bitcoin becomes double its price in the year of 2020
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September 29, 2017, 02:52:05 PM
 #1040

I kinda regret not buying a few days ago with that dip as it has been steadily rising since then. Still contemplating buying before it continues to increase, but who knows with so many changes going on. Tough decisions.
Do not regret mate, there is no point doing that. Just hold on, chill a bit and hopefully there may be another quick dip later on. You might just not be fortunate enough to get it that lower next time.
I have always made that decision that no matter what, it is best to buy at every dip, keep some little extra to buy more in case it goes even lower. This is just the best way that waiting for the last or lowest point of the dip.
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