When do YOU sell?

[AK47-]

I follow charts. For cryptocurrency trading you should know how to read charts. This can give good idea about a cryptocurrency if not all. But still it isn't foolproof. I tend to keep my altcoin for a period of 20-30 days. During that time period if I was able to make decent profit. I withdraw else I leave them in altcoins expecting profit in future.

[Obito]

When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

Obviously most of us is wanted to sell our bitcoins if its value is high enough to get a big profit. However the problem is if bitcoins price is became high, it is hard for us to sell it because most the bitcoin holders will do the same. So my advice is to sell your bitcoin when the right time, I mean you should analyze and be wise in order to sell it.

[corroze]

First you have to observe and combine your prediction with the news . which to buy and of course to sell.
you have the criteria and target how much profit would you like to gain. Everything risky so you have to decide wisely.!

Yes maybe it's a good idea,in trading certainly hope to get an advantage in trading activity.
And meticulous in observing price movements in the market.

[ryanben]

I will sell as soon as I felt the profit rate is too high at the time no news from it what profit can sometimes reach 30-50%. Take control of your own profits by keeping calm and tracking chart and volume traded each day

[mharz]

I sell my bitcoin when I was satisfied to the price of this in the market also, I sell only the half of my bitcoin when I have a lot of savings in my bitcoin wallet. Because I just want to save the remaining for the future value of bitcoin.

[sushimi123]

honestly if its really obvious, like at the $3000 mark with all the talk of august 1st it was so obvious it was gonna have a crash. Also if its at a rapid runup I'll usually put number in my head and sell at that number.

[javalemcgee]

I bought from $2000 and I'm planning to sell them around $5,000 or $6,000 but this will take some time, probably years.

[Taki]

I am planning to try myself in trading and here I found different kind of strategies. For sure I will try couple the most popular ways to get the maximum profit with trading.

[Hammonds]

When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

I sell when I feel lucky and do not set% for sales. Because I can not have much information about coin.

[avikz]

When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

The sell triggers when the price of an asset reaches the best logical price. However, the logical price is different for different people. If anyone is trading with a small amount of money, then tend to achieve big percentage but anyone trading with big money, tends to achieve small percentage, but due to big amount invested, the return amount also looks good.

So it differs from person to person and there is no guide to teach you about the profit. Try trading with small amount first adn gradually increase the amount as you start becoming comfortable with the game.

[Japinat]

Not planning to sell at a moment as price has gone down dramatically so if I sell them now then it will give me low profits so the best thing would be to have patience and hold for the price to rise in coming days.

Of course, you cannot sell when the price is falling down, you will lose on that moment, we should always think of the future, bitcoin will rise and the right time of selling will just come. The dump is not new, we should be firm and hold longer because it is the only way we can benefit from our investment.

[Vaskiy]

I sell at regular intervals whenever I get btc and keep in mind x% of profit. Whenever it reaches that I sell of majority of it and keep small as a future investment. Rest all are sold immediately considering the btc price volatility and its future in respective country.

That's a good way, because we doesn't need to be expecting more and more and finally ending without anything good. I too used to hold it, but at times of need without thinking of the price and the upcoming pumping I just cash it out and use.

[noictib]

When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

All this depends you that how much you want set your target , because with aim and without target you can't achieve anything with  any ways.
When when you bought any altcoin then first of all you need to see the market whether is stable or active and whether is at low price and high price according to the price was in the last month .
So according to that you should make thinking and skill that how much %age you can make with the investment .
Now here a second thing will came , that how much money you want invest , if you will invest 0.1btc in any altcoin but the average trade of that coin is 0.01btc per day then ofcourse you are making mistakes .
In this case you should buy that altcoin at the rate 0.005btc at order only because if you will buy at direct rate then the chance of making income will get down . And if you will buy at low and instant sell at small high then ofcourse you can make a decent amount of the profit .
Usually I made 10% profit ( my aim remain atleast 5%) and making bulk investment in the big coins like ETH , dash , ripple , etc coins .

[riskthebiscuit]

Use satoshis but basically that makes it a % anyway. Just dont focus on the USD aspect because although you may double in USD , it depends on what happens with BTC to get your true %.

Other than that, timing the exact top or bottom is extremely hard to do and you will go crazy trying to do it. I would suggest scaling in or out in order to minimize risks and stress.

[kafiddrhman]

I think if in good economic circumstances it is not supposed to sell bitcoin at this time,because possibility of bitcoin prices will continue to increase and of course you do not want to lose opportunity to profit by storing btc in your wallet.

[kidoseagle0312]

Selling bitcoins/altcoins dependng on the coin holders, if they know there already have a high percentage
average of earning in the coins they hold, selling can be happen at any moment in the trading platform. Because if I hold or saving bitcoin I believed it will really increase in the near future..

[CrownPolly]

Selling bitcoins/altcoins dependng on the coin holders, if they know there already have a high percentage
average of earning in the coins they hold, selling can be happen at any moment in the trading platform. Because if I hold or saving bitcoin I believed it will really increase in the near future..

I do not understand why to date, everyone talks so much about selling Bitcoin. Are all users afraid to keep their Bitcoin for a future price? We have already seen dramatic changes in the growth rate of Bitcoin. Next month, we can fly to the moon with Bitcoin.

[tabas]

I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.

[matchi2011]

I'm selling only if there's a need to do so and if possibly I've got enough then it's not regretting to sell. But I want to deal with my long term plans which is holding my bitcoin and if ever I'm going to focus holding there is an inevitable event where I need to convert my bitcoin to fiat even the price is seemingly low.

Yeah that's what i'm planning to do myself. I have a normal job so as much as possible i want to hold on to my btcs for a couple of months or even years until i feel comfortable in selling or if there are forecasts that would tell of a big dump. For now, as long as it's not an emergency, i prefer to spend fiat and not to touch my btcs.

[ktabb]

When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

When I buy an asset, I usually have a target price in mind, which represents the price that I believe it is intrinsically worth. I also keep another price in mind, which is the price that I think it will rise to before it turns around. The second price is higher than the first. I sell somewhere between those prices.