rockyboy
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August 22, 2017, 05:52:11 AM |
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I will sell when the coins price are higher than my capital, as much as possible i will sell if it already double or triple the price from my investment.
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chineseprancing
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August 22, 2017, 06:46:55 AM |
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I sell more of it with 10% margin, to much may be dangerous. It is fun when we have to sell it. I sell and buy quite lots
This is margin trade, and profit 10% per order is very good, do not greedy because it will make you loss a lot of money in future. My strategy is take profit when my order have profit 3-5% depends the situation of market in that time. For now bitcoin value was slowly fall down, I think this is the right time to buy bitcoin because as expect of many users. After this fall down of bitcoin value I believe that bitcoin price in the market will take a rest and after this it was started to raising up again.
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finzyoj
Sr. Member
Offline
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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August 22, 2017, 11:01:48 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?
Me also i am a newbie in trading business and i assure that i make a profit even if small. So i sell my crypto when the selling value is higher than when i bought. And also i buy different crypto and then wait for the right time to sell it again. And for letting go trading i cant be sure when do i quit may be if i am not ever gain any profit and have a big loss.
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TheGreatPython
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August 24, 2017, 08:30:43 AM |
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From my own point I think you should sell when the market price is very high and you can predict its going to start plunging soon. With that mindset all you’re going to be doing is just watching the charts and keep noticing any slight change in prices.
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Gambler_btc
Member
Offline
Activity: 61
Merit: 10
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August 24, 2017, 08:33:09 AM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
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YTBitcoin
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August 26, 2017, 09:20:05 PM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling.
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strunberg
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August 26, 2017, 09:24:37 PM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | │ | .Crypto Exchange. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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Sled
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August 27, 2017, 01:56:37 AM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket.
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8Habits
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August 28, 2017, 07:09:44 AM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket. You have a good analogy about the price going to the moon and the launching of the rocket. I feel really comfortable with short term trading and just targeting like 2.8% gain per trade.. although it is not that big gains but it is better than waiting for quite some time to get like 20-305 gains.. Although I agree that it is its own preference and I highly advice traders to determine where they are comfortable trading and stick with it.
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erick94
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August 28, 2017, 07:48:22 AM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket. You have a good analogy about the price going to the moon and the launching of the rocket. I feel really comfortable with short term trading and just targeting like 2.8% gain per trade.. although it is not that big gains but it is better than waiting for quite some time to get like 20-305 gains.. Although I agree that it is its own preference and I highly advice traders to determine where they are comfortable trading and stick with it. I think its vary P2P. About me, my strategy is -Buy and Hold, never cash out! As highly believe that, crypto is going to explode soon. More and more people are joining everyday. This is so positive. Massive things are coming, just don't buy into hype. Selling and resisting strategy is one of the most able to produce, where when we buy a low price some time to come certainly the price will soon rise to a higher level. Because in the world of cyptocurrency can not be predicted the movement of the price.
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logicgate
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August 28, 2017, 09:09:27 PM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket. You have a good analogy about the price going to the moon and the launching of the rocket. I feel really comfortable with short term trading and just targeting like 2.8% gain per trade.. although it is not that big gains but it is better than waiting for quite some time to get like 20-305 gains.. Although I agree that it is its own preference and I highly advice traders to determine where they are comfortable trading and stick with it. I think its vary P2P. About me, my strategy is -Buy and Hold, never cash out! As highly believe that, crypto is going to explode soon. More and more people are joining everyday. This is so positive. Massive things are coming, just don't buy into hype. Selling and resisting strategy is one of the most able to produce, where when we buy a low price some time to come certainly the price will soon rise to a higher level. Because in the world of cyptocurrency can not be predicted the movement of the price. Yes, it is really hard to predict the movements of the crypto market. The market keeps on fluctuating and is hard to understand. The best way is to stay passive and observe the movements of your coins and jump into the game when prices are really up to enjoy its profit.
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cotton ball
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August 28, 2017, 11:38:12 PM |
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Perhaps several times I was involved in a panic selling in late July where bitcoin had a critical pre-hardfork phase. Now I am more relaxed in selling because of the small fractional application on a regular basis, the fundamental charts make it easy for me to understand the analysis and I do not always wait for the desired price level to sell it, if it is a bit profitable then I will do the sell order process.
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reliable
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August 29, 2017, 02:40:49 AM |
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From my own point I think you should sell when the market price is very high and you can predict its going to start plunging soon. With that mindset all you’re going to be doing is just watching the charts and keep noticing any slight change in prices.
Well if you do not have a good risk appetite then its better to keep selling fractional btc at regular intervals whenever the prices keep rising. If you have patience then you should hold btc for a long term perspective because the best gains are earned when you hold for longer period of time.
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hawkins
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August 29, 2017, 03:18:46 AM |
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when bitcoin prices reach $ 5000, I would probably sell half of the bitcoin I save. Well, maybe i will use it for business purposes, but when bitcoin price goes down at that moment, maybe i will go back buy it.
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Bagaji
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August 29, 2017, 04:01:04 AM |
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I am engaged in investment activities on the Internet, so I sell my coins as needed. Yes, I sold some of them at a low price. But I do not regret it. At that time it was the right decision and I managed to make money on it
After taking a decision to sell low how then do you manage to make your profit from selling at the lower market value or price. To me selling low means that you sell below your cost of purchase if that is true how then do you make profit from your investment.
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Soots
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August 29, 2017, 04:34:14 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?
when it can buy a house and lot or a lambo hehe thats my goal of selling my coins but im doing short trade and thesame time i have some stored coins my ledger for the longterm purpose
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Sled
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August 29, 2017, 04:55:00 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?
when it can buy a house and lot or a lambo hehe thats my goal of selling my coins but im doing short trade and thesame time i have some stored coins my ledger for the longterm purpose I can say that you are in a safe position because you have a savings from your ledger or hardware wallet which is like an asset because it will give you profits when the price spikes and you also have bitcoins for short trade which is really good because it will help you to grow your capital into a bigger amount and because of that you can put more savings into your ledger for long term holdings.
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NRF
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August 29, 2017, 05:08:17 AM |
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30% up and down... So mean when price down 30% I sell. And have 30% profit I sell
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rocketbits
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August 29, 2017, 07:31:43 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?
It’s a very hard decision to make though noting the fact that bitcoin price is always on the rise and you could sell and then the price goes higher and then you start regretting why you didn’t .
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richmcrich
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August 30, 2017, 07:24:09 AM |
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First of all you need a strategy. If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket. Yes, the selection of time for selling off coins is totally dependent on trader. If the trader wants huge profits, he/she is going to go for long term trading that too with bitcoins. But if one wants immediate profits, he/she will go for short term trading that too with altcoins.
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