Sled
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June 17, 2017, 03:26:53 AM |
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Whenever its giving me good profits I prefer to sell some portion of my bitcoins as I never believe in keeping my coins idle in wallet so whenever its allowing me to make profits I sell without any hesitation and buy them back when price goes down in future as price ups and downs is a common practice in bitcoins so we need to take an advantage of price fluctuations by making regular profits.
That is a good strategy but try to look for long term in order to decide well because sometimes a coin is good for long term like in ethereum so if you buy ethereum at the rate of $10 and you just doing short term buying and selling so you already missing out the opportunity to make a lot of money in the future just imagine if you hold your ethereum for example that you bought at $10 and you sell it now then you already gained a lot of money.
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KnightElite
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June 17, 2017, 03:48:34 AM |
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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 will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
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batang_bitcoin
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June 17, 2017, 03:55:16 AM |
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I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500.
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daxiake
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June 17, 2017, 04:57:27 AM |
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I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500. It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price.
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uneng
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June 17, 2017, 05:19:04 AM |
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I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500. It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price. It can take some time, but bitcoin will achieve 5000$ price for sure, I don't have doubt about it. Who is thinking about sell their bitcoins for 3000$ soon, it's better to think more about it, it's never good to run out of bitcoins. Everyone should always hold some satoshis doesn't matter the currently price.
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Mr.grin
Legendary
Offline
Activity: 1218
Merit: 1000
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June 17, 2017, 05:54:40 AM |
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I will sell my btc in the near future. I will sell it if the value of btc is more than $5000. I konw it is really effective to store your btc in your storage or in your wallet. I know I will gain many profits in the near future.
I've seeing a lot of people that are just holding their bitcoins and will sell at $5,000. And that is making me more believe that the price of bitcoin will certainly reach that price any moment soon. I don't know what to do as the price of bitcoin is still fighting with the range of $2,400 and is now having hard time to get up to $2,500. It will not be easy to achieve the price of $5000 in quick time as price has still not crossed $3000 mark so if you are planning to sell at $5000 price then you will have to hold your bitcoins for a long time and that is only possible if you have patience as there will be many people who will start selling their coins when they will see the $3000 price. It can take some time, but bitcoin will achieve 5000$ price for sure, I don't have doubt about it. Who is thinking about sell their bitcoins for 3000$ soon, it's better to think more about it, it's never good to run out of bitcoins. Everyone should always hold some satoshis doesn't matter the currently price. I guess there are some people who hold bitcoin without regard to price, because they believe in bitcoin. But, I guess so many people are selling bitcoins they have when bitcoin prices have gone up 30% of their starting price.
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Freezingel
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June 17, 2017, 09:19:51 AM |
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I will sell some when i got about 150% profit and will buyback later in the dip. So far i've done it once and it will take quite some time until the next one.
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Barbut
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June 17, 2017, 09:28:33 AM |
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I will sell some when i got about 150% profit and will buyback later in the dip. So far i've done it once and it will take quite some time until the next one.
I have pretty much the same strategy, I try not to be greedy and to get out while I`m in profit. Getting back in is on first drop, in that moment I`m starting with buying, and I`m buying while price is going down and I wait +100% profit and then I sell again. I`m practicing this more with alts then with bitcoins, I sell bitcoins only when I need cash, and then I wait as much as I can for good price. Trading with bitcoins is extremely hard for me, with alts I do not practice day trading, I buy when its low and sell when I`m in profit, and I have better results with that strategy.
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que91
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June 17, 2017, 11:07:56 AM |
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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?
Depending on how you trade, are you a holder or trader? If you is a Day Trader, you need more skill in trading and check support line and resistance, when price hit to highest need sell and when price hit to lowest need buy. And when in oder, you need see chart before close order! Remember that if you not want loss in day trading! Set stop loss every order important too! If you is a Holder, create a target you think is good or analysic chart, just sell when the price hit your target and need patience to wait that!
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Polar91
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June 17, 2017, 11:39:09 AM |
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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?
Well if I'm trading all of my money, I'm trading when it pumps no matter how much percentage it gains. However when I'm trading small amount, I'm targetting atleast +20% so that my trade is worth it.
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BCTBF
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June 17, 2017, 12:41:31 PM |
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I think selling right now is the right time, maybe yesterday have bought it at the price $2.2k - $ 2.3k and for me now they can sell it because bitcoin prices are now up again and are at $2.5k or maybe you will wait longer for $ 3k.
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kidmodo
Member
Offline
Activity: 79
Merit: 10
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June 17, 2017, 02:55:59 PM |
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Many factors influence our decision to sell or buy bitcoin or other altcoin, if bitcoin, the right time for now is buy it instead of sell it, if you buy it now, in a few weeks bitcoin price will go up, and you will have profit. If you are trading altcoin, you have a target how much the minimum% you earn every day, for example is 15%
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kriptotr
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June 17, 2017, 11:12:29 PM |
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I will sell my bitcoin if it gets $100,000. I will never create a strategy in that time. I'll just sell and go away. I want be retirement soon. Only way looks like this kinda thing.
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virtualkeybuyer
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June 17, 2017, 11:49:46 PM |
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When i'm going to gain 20-50% profit. I will sell some of my coins because if the price will be down i will use the profit amount to buy again at very low price then sell it again on 20-50% profit.
Well it is very good that you have keep your target of your profit because sometimes when the people didn't keep their target and want to get more and more profit wait for the high price of Bitcoin so sometimes they loss the chance when the bitcoin price becomes very decreased and then they regret, actually I had experienced this situation, that's why keeping target for your profit is very much good and now i always keep the target and then sell bitcoin. Yes i like this strategy because if i sell around 20-50% profit and the coin goes up i won't regret because i have my other coins stock. I'm going to have many option on what percent should i sell my coin. I was already aware of that situation because I have a full believe on bitcoin that is why I not sold my bitcoins and I kept them with myself and now I am very happy with it and I am earning with my money in bitcoin. I am sure that it will increase more so I am keeping them all for more longer.
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AicecreaME
Sr. Member
Offline
Activity: 2464
Merit: 455
OrangeFren.com
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June 18, 2017, 01:06:32 AM |
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Selling for me is just like accepting the lose, not the lose of money but the chance for me to be rich or earn a lot of money from this kind of cryptocurrency like bitcoin. The only thing that I am doing right now is I'm just getting bitcoin as much as I can and saving it on a hardware wallet which is I have and just holding them at least up to 2030.
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Shutup
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June 18, 2017, 10:30:55 AM |
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I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof that BTC makes changes especially in home finance that the stage of my life be level up.
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gabmen
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June 18, 2017, 01:01:22 PM |
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I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof that BTC makes changes especially in home finance that the stage of my life be level up.
At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet.
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Vishnu.Reang
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June 18, 2017, 01:18:32 PM |
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I don't have a target right now, and don't have that many coins in my wallet. What is the point in selling them, if I have only a few mBTCs in my wallet? I would rather hold on to my coins and increase my holdings before thinking about cashing out.
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Siren
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June 18, 2017, 05:09:34 PM |
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I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof that BTC makes changes especially in home finance that the stage of my life be level up.
At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet. That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying.
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coins4meh
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June 18, 2017, 05:16:50 PM |
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I will sell my bitcoin when the price is right.Because they predict that bitcoin for 2017 will be at 2000$.I have to hold my BTC and wait for the high price so that before entering year 2018 I build my own house.There should be a proof that BTC makes changes especially in home finance that the stage of my life be level up.
At this point, im not selling unless its completely necessary or like an emergency. If i can use money aside from my btcs i would prefer to spend it as i realize how storing btc would be essential in making more profits once the right time for selling comes, which i don't think is here yet. That's why its is important to invest only an amount that you can afford to lose. So you don't have to bother to sell it if an emergency has arises. As for me, I just invest just a portion every time I can. And not invest to big because it certain situation, I will not have to sell it. Just saying. Trading crypto is similar to gambling, I agree with only invest what you can afford to loose. Depends on whether you need the money and if "you" believe you've made enough profit.
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