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Author Topic: When do YOU sell?  (Read 52062 times)
swissmate
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July 12, 2017, 02:38:04 AM
 #261

No one knows for sure about increase or decrease in bitcoin prices. And now bitcoin price has decreased when compared to current price bitcoin price yesterday about $ 2286.2675.maybe time to buy bitcoin.

Wait for few more days and you will see more decline in the price so I would suggest you not to buy now and wait for next couple of days and may be price will go below $2k in coming days and that price would be the perfect to buy more bitcoins.
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July 12, 2017, 03:33:22 AM
 #262

Percentage is a good basis for selling. I also go by percentage most of the time. But depending on the market and a certain alt, sometimes the call to sell even if the percentage is not yet reached is a safe exit.

I also hold some, not minding whether it rises up high on percentage or went down several folds. I intended to hold them for several months.

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July 12, 2017, 04:15:47 AM
 #263

Percentage is a good basis for selling. I also go by percentage most of the time. But depending on the market and a certain alt, sometimes the call to sell even if the percentage is not yet reached is a safe exit.

I also hold some, not minding whether it rises up high on percentage or went down several folds. I intended to hold them for several months.

Price is going down now so instead of holding it its better to sell some of them now and if price goes more lower in coming days then that would be the good time to buy some bitcoins as holding now is risky as price can crash even more in coming days.
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July 12, 2017, 07:34:21 AM
 #264

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?
It depends on your goal and the strategy you are comfortable with. If you're trading just for short term, eqrning like 5% profit is enough. However if you're a risk taker, earning 50% profit is enough.



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July 12, 2017, 09:39:09 AM
 #265

Percentage is a good basis for selling. I also go by percentage most of the time. But depending on the market and a certain alt, sometimes the call to sell even if the percentage is not yet reached is a safe exit.

I also hold some, not minding whether it rises up high on percentage or went down several folds. I intended to hold them for several months.

Price is going down now so instead of holding it its better to sell some of them now and if price goes more lower in coming days then that would be the good time to buy some bitcoins as holding now is risky as price can crash even more in coming days.

I don't quite agree dude. Some of us here already are below the entry point if we sell now. With the price plunging, i think it would be better to just hold on and if possible to buy and add more btcs. Take advantage of the decline instead of panicking and selling.

 
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July 12, 2017, 10:00:27 AM
 #266

Percentage is a good basis for selling. I also go by percentage most of the time. But depending on the market and a certain alt, sometimes the call to sell even if the percentage is not yet reached is a safe exit.

I also hold some, not minding whether it rises up high on percentage or went down several folds. I intended to hold them for several months.

Price is going down now so instead of holding it its better to sell some of them now and if price goes more lower in coming days then that would be the good time to buy some bitcoins as holding now is risky as price can crash even more in coming days.

I don't quite agree dude. Some of us here already are below the entry point if we sell now. With the price plunging, i think it would be better to just hold on and if possible to buy and add more btcs. Take advantage of the decline instead of panicking and selling.

holding bitcoin is a good option if we are buy in high price and we can buy more bitcoin while the price is down like now. we don't have to selling right now and we need to be patience while we are waiting the result of august 1st. many of traders is waiting and wanting that the price is back to increase into high price.
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July 12, 2017, 12:28:34 PM
 #267

In the started, i have sold my bitcoins time to time and i have gain profit from them 30% near about. But now in the start of this year 2017, bitcoin price has gone up then i left the idea to sell the bitcoin. In this time, i have decided to make more profit and that the reason i would hold my bitcoins for a long time. 
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July 12, 2017, 01:03:00 PM
 #268

The most important rule which i should always follow is only sell when I'm in a profit otherwise i will hold it for weeks. I will only sell in profit when i see a better trading opportunity or a good ico as i invest a lot in ico and have normally tripled my initial investment. I will only sell in a loss if i require funds in my offline life.

Yes, agree. And ideally never invest money that you need to be liquid - so you have the option of being able to wait for it.
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July 12, 2017, 01:52:04 PM
 #269

You sell when you feel like selling. Or, if you planned your trade and had a target price in mind, you buy or sell when it hits that price.  Grin

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July 12, 2017, 02:04:24 PM
 #270

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'm also a newbie on crytoworld trading however, base on my knowledge it is better to sell you stock when it is on pump stage. By that way you can guarantee that you will get a higher profit. And even though I am newbie still I have a little background on it hence, I know the basic rules and tips in this kind of transaction.



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July 12, 2017, 11:31:07 PM
 #271

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?
It depends on your goal and the strategy you are comfortable with. If you're trading just for short term, eqrning like 5% profit is enough. However if you're a risk taker, earning 50% profit is enough.
yes everyone has to take their own decision and my decision will be to hold for long long time, because bitcoin price has a very good potential and its price will continue increase from time to time. therefore holding bitcoin for long term will be a good decision.
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July 12, 2017, 11:52:20 PM
 #272

No option for sell no.
too red.


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July 13, 2017, 12:08:12 AM
 #273

You sell when you feel like selling. Or, if you planned your trade and had a target price in mind, you buy or sell when it hits that price.  Grin
Well... Do you traded depend on your feeling to sell and buy positions? I think that is bad trading depend on our feeling and never follow the trend of price, I agree with your planned your trade buy or sell when it hits that price, but how if the price never hits the target? and the the price be more down trend after opened buy positions, should we never fight the trend and makes complete plan before trade.
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July 13, 2017, 02:18:17 AM
 #274

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'm also a newbie on crytoworld trading however, base on my knowledge it is better to sell you stock when it is on pump stage. By that way you can guarantee that you will get a higher profit. And even though I am newbie still I have a little background on it hence, I know the basic rules and tips in this kind of transaction.

Hello. I am also a newbie in trading. But how will you know if it is the pump stage of a certain cryptocurrency. What is the indicator that you have that it is really time to sell? I am confuse.

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July 13, 2017, 06:43:49 AM
 #275

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?
As my sister told me about this its better to hold bitcoin now because if the low price decreasing.Many bitcoiners now who is badly in need sell their bitcoins.Its good to buy now because some people bitcoin holders panic selling.This is the right time to buy and store bitcoin.Even bitcoin will collapse down the price,its okey theres still hope for the coming time.And I beleive that bitcoin will surprisely increase before end of this year.My sister keep on hoping that holding her bitcoin is one way of making her richer..Shes selling only when price is expensive,its nice when you have bitcoin to save.
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July 13, 2017, 06:50:28 AM
 #276

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?
As my sister told me about this its better to hold bitcoin now because if the low price decreasing.Many bitcoiners now who is badly in need sell their bitcoins.Its good to buy now because some people bitcoin holders panic selling.This is the right time to buy and store bitcoin.Even bitcoin will collapse down the price,its okey theres still hope for the coming time.And I beleive that bitcoin will surprisely increase before end of this year.My sister keep on hoping that holding her bitcoin is one way of making her richer..Shes selling only when price is expensive,its nice when you have bitcoin to save.

   To sum it up, you sell when you have more then you need. Or you sell when you are in desperate need of money. You can not determinate
when is the best time for selling for all the people, to many factors needed to be taken in consideration before making a decision.
   I`m reading some news, on CoinTelegraph and one interesting news: " One of China’s biggest exchange CEO’s hopes that regulations can help Bitcoin reach $11,000 by 2020." How to sell now when in 2 and a half years you can have almost six times more? From logical perspective you sell
bitcoins only in a case of need, if there is no big need keep them safe and wait 2020!



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[15.00000000 BTC]


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July 13, 2017, 07:51:52 AM
 #277

No one knows for sure about increase or decrease in bitcoin prices. And now bitcoin price has decreased when compared to current price bitcoin price yesterday about $ 2286.2675.maybe time to buy bitcoin.

Wait for few more days and you will see more decline in the price so I would suggest you not to buy now and wait for next couple of days and may be price will go below $2k in coming days and that price would be the perfect to buy more bitcoins.
To me i think we don't wait to its price goes to more low because the bitcoin price is fluctuated if its price will goes to increase high then we cannot buying it easily. So if we feel its price is low we needs to buy it instantly, and didn't late to buy that its price will goes to rise.So buy more it now and hold it for tomorrow.
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July 13, 2017, 09:16:00 AM
 #278

when i do short trade i try on 2 to 5 digits price of coin and with enough amount of btc for example
.2 buying amount of btc
when its 5 digit i sell with the spread of 100-200 sats
when its 4 digit coin i sell with the spread of 50-100 sats
when its 3 digit coin i sell with the spread of 10-20 satoshi
and when its  2 digit coin i sell with the spread of 3-10 satoshi

thats for short trade only

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July 13, 2017, 09:19:35 AM
 #279

when i do short trade i try on 2 to 5 digits price of coin and with enough amount of btc for example
.2 buying amount of btc
when its 5 digit i sell with the spread of 100-200 sats
when its 4 digit coin i sell with the spread of 50-100 sats
when its 3 digit coin i sell with the spread of 10-20 satoshi
and when its  2 digit coin i sell with the spread of 3-10 satoshi

thats for short trade only


it makes sense, thanks for sharing
ill try to apply this

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July 13, 2017, 12:41:00 PM
 #280

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 good of you to sell based on the situation that prevails in your country as well depending on the price movement happening with it. Most of the time I do sell my bitcoins only on emergency requirement, other than that tit would be safe in the wallet. So that it will serve as an investment for the future. I don't fear of government restrictions, because it is not that bad as common people believe as well I hope it won't get destroyed.
I think it will depend to the people who have it. In addition to that, some people sell their bitcoin for their need and some people really need the money so that they sell it. However, the best thing that you need to do is to hold it. I think it’s better to sell it in the future because I know that the price of bitcoin will increase.
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