When do YOU sell?

[dmamigo]

Simple actually I sell when the price is high and I buy when the price is cheap
So I get the profit from the difference between the sale and purchase

This "strategy" is really simple but i think everyone use it, as this is the easiest way to get profit from trading, you won't lose money if you sell for more than you bought for, problem is that sometimes you will have to wait days or even weeks to sell.

Personally i sell only when i am sure that i earn from it, it would be dumb to sell when you lose money, unless you know that this currency will crash or so.

Correct. "When the time is right"
The investment needs to be fruitful and it should not be just a little fruit but needs to be ripe to maximize the profit.
We cant just harvest when we get just a little of it. Panic and greed wont work or it will just be regret afterwards.
Greed into withdrawing early while the investment is still on the process of being ripe. There should be a right timing on when to withdraw.

I agree that those who wait for the right time are the ones who get more profit than those who sell right away because they think small profit is enough. It may take time to see that big amount of profit in your portfolio but when that time comes you will thank yourself for the effort and patient in waiting.

Right time, always doesn't work, many times it has happened people keep on waiting for the right time but it never appeared. So if you are in positive figure no time is wrong or right time to perform this action. And its always better to sell a fixed percentage for a fixed time period, that way one can keep away from sudden sell during urgent requirements.

[BobBct]

It depends if you want to sell it or Hold for a while then sell.

[umbara ardian]

I always target percentages. And always follow the development of coins that I hold if the coin news is good then I will wait. If the news coin is bad i will soon sell.

[sobsitesearch]

I always target percentages. And always follow the development of coins that I hold if the coin news is good then I will wait. If the news coin is bad i will soon sell.

My strategy is when i buy a coin that i know has possibility to increase its value i always put sell order which i do not need to monitor because i set the target amount that will give me good profit.
Even in bitcoin i put sell order since bitcoin value is hard to predict.

[lecongnhan123]

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 usually make up a % profit, I will sell my coins after my profits reach that profits or after a bump and I see that it stops bumping, I will sell too.

[fullhdpixel]

I'll sell when the price is going to get back at $2,500. And right now I won't sell because I feel that it was a deficit if I'll sell now.

And that will takes a lot of time and I don't have an idea on how long it will come back there.

NO matter how long it is going to get back there, I'm willing to wait.

Same here! It’s not the right time to give up on your bitcoins. Soon the prices are going to pump drastically and it would be a great regret for those who are planning to sell their bitcoins right now. Little patience can change things altogether.

[cramcram21]

Right now I set up my goals that I would only sell my coins when I needed some money,
Because what I used to do was whenever the coin gets higher than my expectation I would sell them ,
That also goes when the coin is dropping down I couldn't handle it and most of the time I would sell them.

[africa34]

i have a stratigy , when i sell coin ?
if my profit Hit 20 % or lost 20 % , i sell my coin and go to another coins
 

[stergium]

i have a stratigy , when i sell coin ?
if my profit Hit 20 % or lost 20 % , i sell my coin and go to another coins
 

i think it is very difficult for me to follow such kind of timetable. to me when i feel to sell then i sell my bitcoin either  they are in profit or lost. then i take a decision but i take a decision about getting enough information about bitcoin.

[lausam]

I took it off at a high price and bought it at a cheap price.repeat.

[Tamilson]

I sell my coins whenever the price in the exchange are all green, meaning thats a good day for all of us.
I also sell when the price is right for me and when I think I get enough profit.
And most importantly when I needed badly some money.

[StephenCurry333]

when i make little profit i sell little bit and keep the rest waiting for the next target, i never sell my coins when im in negative even when the die cuz im a positive dude

[Aztek]

i go with a % also.

but it is all in the speculation! you do some analysis, for example it can be TA and also combined with the news you get from here and there and then see how much rising potential the thing you've invested in has.

for example when you invest in an altcoin that has been at a fixed price for some time with a decent high volume (indicating accumulation) and you find a news that can cause a rise, you can easily aim for a 100% profit in a couple of days and sell there.

another example is when you find an altcoin that is randomly getting pumped. or an altcoin that is big, like the top 10 coins, and see them rising, it is best to aim for a smaller % and dump there. for example it can be 5% to 15%

it is also based on your strategy. some people prefer a much longer investment so they aim for bigger % and some do more of a short term, day trading kind of thing and they aim for a smaller %.

**** and for bitcoin: i only buy and HODL

I usually go with a 15-30% on stocks but when it comes to Crypto, I have started watching gains over the past 3 days and all of them are currently sitting at 20%+ and another almost 100% in three days. Much more volatile, but now I'm stuck with the decision as all decisions to sit and wait or sell.

I guess my hardest struggle is finding those coins that provide legitimate and easy to find news. I research everything before going into it, but there isn't an abundance unless you are in BTC, ETC, or XRP.

I need more BTC to HOLD as you state. Lol.

It is a good thing to set price target in trading where you actually have a goal to hit in a specific trading. And after you hit that price that is the time you are going to decide whether to buy more , wait or to sell it on trading site. Because if you want to earn in trading you have to monitor the price and learn the specific trend of coin you chosen to trade. And afterwards just make sure to always make sure that in all your tradings you have the right to decide for you to control your own trading not just depending on other people.

[jpoker272727]

I sell when I think the price has gone up more than its worth or when I generally need to. For bitcoin I diversify out into other alts and for altcoins I sell when it has risen too much for its potential.

Exactly you should need to sell at this point because it should be an advantage to you that you are talking like that because if you are selling bitcoin in a high price then you are great to understand the market of bitcoin if you are holding then it would be more good decision because everyone keep save there bitcoin for their future so I would give you an idea to keep and hold your bitcoin.

[8Habits]

i go with a % also.

but it is all in the speculation! you do some analysis, for example it can be TA and also combined with the news you get from here and there and then see how much rising potential the thing you've invested in has.

for example when you invest in an altcoin that has been at a fixed price for some time with a decent high volume (indicating accumulation) and you find a news that can cause a rise, you can easily aim for a 100% profit in a couple of days and sell there.

another example is when you find an altcoin that is randomly getting pumped. or an altcoin that is big, like the top 10 coins, and see them rising, it is best to aim for a smaller % and dump there. for example it can be 5% to 15%

it is also based on your strategy. some people prefer a much longer investment so they aim for bigger % and some do more of a short term, day trading kind of thing and they aim for a smaller %.

**** and for bitcoin: i only buy and HODL

I usually go with a 15-30% on stocks but when it comes to Crypto, I have started watching gains over the past 3 days and all of them are currently sitting at 20%+ and another almost 100% in three days. Much more volatile, but now I'm stuck with the decision as all decisions to sit and wait or sell.

I guess my hardest struggle is finding those coins that provide legitimate and easy to find news. I research everything before going into it, but there isn't an abundance unless you are in BTC, ETC, or XRP.

I need more BTC to HOLD as you state. Lol.

It is a good thing to set price target in trading where you actually have a goal to hit in a specific trading. And after you hit that price that is the time you are going to decide whether to buy more , wait or to sell it on trading site. Because if you want to earn in trading you have to monitor the price and learn the specific trend of coin you chosen to trade. And afterwards just make sure to always make sure that in all your tradings you have the right to decide for you to control your own trading not just depending on other people.

There should always be a pre panned trading strategies where all you have to do really is just open a target buy order and sell it automatically on a target sell order. However, it is easier said than though though

[erep]

I dont sell my Bitcoins usually regardless of pump or dump. I only sell my altcoins to make some profit over time. Usually the margin will be more than 10% to 15% of my initial buying and I get more than that almost every time.

[CoinSpeculator]

this world is not let you make day trading.
thats why hodl is the best for cryptoworld.
i don't sell my bitcoins and altcoins. i will keep them when it hit to my target.

[SHANTA]

I think it will rely on you. Notwithstanding that, a few people offer their Bitcoin for their need and a few people truly require the cash with the goal that they offer it. Notwithstanding, the best thing that you have to do is to hold it. I believe it's smarter to offer it later on the grounds that the cost of Bitcoin will increment

[Japinat]

I think it will rely on you. Notwithstanding that, a few people offer their Bitcoin for their need and a few people truly require the cash with the goal that they offer it. Notwithstanding, the best thing that you have to do is to hold it. I believe it's smarter to offer it later on the grounds that the cost of Bitcoin will increment

Hold until you met your target, you cannot hold it forever as you know it will not gonna last forever, as long as you increase the value of your holdings and you get your capital you are not worried anymore to hold your profit for long term.

I am willing to lose my investment in bitcoin if that will be destined to happen but I know when it succeed I will get more money by trusting this.

[MyIdeas]

Sometimes too early, sometimes too late... but that is all part of the learning experience. But mostly for me its the amount of profit I'm getting. I personally very rarely do the calculations and figure out all the percentages, mostly its just straight forward for me, I bought it at 10, its 15 now, looks good probably will not go much high(although I am mostly wrong), sell.

I agree with you that wrong decisions are the part of learning trading. Your strategy is not bad. It’s wise to sell bitcoins when they have reached your expected and desired values. Too much greed can make you a loser. Sometimes it’s good to take experts’ advice.