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Author Topic: For traders, when do you sell?  (Read 748 times)
papajamba
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April 01, 2017, 03:23:18 PM
 #1

What's your rough profit margin when trading (both short and long term)?
You happy with 10%, 20%, 50, 100, 200 or 1000%?  Grin
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April 01, 2017, 03:30:57 PM
 #2

It depends on how much risk appetite a person has. For me, I am a short term trader and don't like to hold the coins for too long. Once the coin has risen 10% or 20%, I would sell the coin and look for a new coin instead. I prefer to hold my money in terms of btc, it is much safer than holding altcoins long term. It hurts to see coins going up a lot in the mid term but I decided to stick to my strategy as I am not a long term holder of altcoins.

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April 01, 2017, 04:07:33 PM
 #3

i don't take much risk when trading my altcon that i mined, it's too risky, i sell most of the time at 100%, i'm satisfied with this amount of profit, but some times if i see the right coins i can hold more up to 1000%, very rare but can happen, i think below 100% is a bit poor profit, and doesn't make sense to sell you lose ultimately a big amount of money
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April 02, 2017, 05:58:23 AM
 #4

What's your rough profit margin when trading (both short and long term)?
You happy with 10%, 20%, 50, 100, 200 or 1000%?  Grin

there is no single answer for that! it depends on the situation and it depends on what i am investing in.
as far as the long term is concerned i only invest in bitcoin for long term and for that i am not giving up anything lower than 1000% Grin

but for short term there are altcoins that i go in for 100%+ and there are times when i am satisfied with a 5%. for example i did at least 10x 3-5% profit last couple of days with litecoin and initially i got a big 70%ish profit from it.

and it also depends on when you get in, sometimes you can get in early so you can hope for a big profit but when you are late it is best you don't get in at all or when you do, you should stick to 1 digit profits!

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April 02, 2017, 06:07:25 AM
 #5

max on 50% but sometime when i see condition not really good and i know i'm already profit i will take it, not want to wait longer and get more risk when i do it


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April 02, 2017, 06:13:16 AM
 #6

The rates discussed in OP aren't very common but in the mid term are possible as several altcoin went trough great price rises amid the recent bull run with Bitcoin. It's unlikely that all of them will stay at such levels for long though.


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April 02, 2017, 07:00:53 AM
 #7

on a regular day, i try to do 5-15% profit.
on pump days, i hope to do 20-50%  Cheesy
long term-wise, it's 100-1000%  Grin
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April 02, 2017, 09:32:02 AM
 #8

When to sell....

It depends on multiply factors.
The technical,fundamental and the sentimental.

The most times don't sell everything if a project,coin looks promising and just holding in a "chest" and see where it's goes.

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April 02, 2017, 11:18:12 AM
 #9

What's your rough profit margin when trading (both short and long term)?
You happy with 10%, 20%, 50, 100, 200 or 1000%?  Grin
Depends on the coin chart, I don't care about how many profit i will get, but just try to sell on the ATH is my priority. And waiting for the next bearish trend will come in the future and try to buy back again.

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Laje
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April 03, 2017, 03:01:13 PM
 #10

When 50%-75% of my invest arrives. It’s easy, four rules:
1. A limit to win and a limit to lose.
2. Make money with money, never with debt.
3. Study where and what to invest.
4. Patience.
And a gold rule:
Exchanges could be hacked. My money is on unknown territory.

Start up:
On the beginning I think how much money I willing to lose (for example 200$).
Invest that amount in Bitcoins. (for example 0.2btc).
Put 0.2btc in Exchange.
Study what altcoin is the best in short/medium/large term (studying during minimum a week or half week, times are shorts when you know the system/coin you are invest in).
Invest in it (forecast in a week/15 days or a month according to invest).

Running:
Watching and read news/forums/chats during the invest.
Patience.

Results for me:
Winning: minimum 50% of my invest, for example, I invest 0.2Btc, I want 0.1Btc, Total: 0.3.
Maximum 75%-100%, no more.

Losing: It’s strange to lose more than 25% when I have studied a lot where I can invest in. Maybe lose 10-20% but later increase (fourth rule).
I never put money in shit coins, I have learnt that these movements don’t like me for shit gains.

Perspective:
When my gains are equal than the invest (I put 0.2 / I win 0.2 / total: 0.4) I Invest 0.2 again and only play with gains (second rule).
Finally: If I’m "goxed" or exchange are hacked (gold rule) only I lose money made with money, not my money I need every day.
How many gains do I invest in when I have recovered my initial invest? I decide thinking in gold rule.

These limits to buy/sell are importants for discipline and don't fall in money games.
Smiley
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