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Author Topic: When do YOU sell?  (Read 52066 times)
crazycatwoman03
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September 13, 2017, 08:00:49 PM
 #621

I sell when the price is higher than the price when you buy a stock. I sell in small values to ensure an increasing small profit once the price goes higher and higher. Selling all-in could lose your opportunity to get higher profit.

Right it is very important to sell at higher prices to gain more profits. Every trader knows that and I have also accustomed that but unlike you I sell in blocks because based from my own experiences selling little by little had only made me loss huge profit.

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September 13, 2017, 08:48:19 PM
 #622

When everyone wants to buy
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September 13, 2017, 10:11:44 PM
 #623

I do sell my altcoins when I already have profits. I don't want to trap specially at the peak. I just do buy at dip, sell at top.. When you trapped at top, very long period of time to get out.. You need patience. Remember, "Patience is a virtue".. Getting a small amount of profit is really big help to you. Even at small amount of profits, you can earn fast through it. Just keep reading, especially reading charts or candles..
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September 13, 2017, 11:49:00 PM
 #624

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.

If you are aiming to achieve earning in the way of trading or even doing daily transactions, you must consider on having or setting some plan for you to sell or to buy. Becasue through that way you could earn and have the time to achieve a good profit in the future. Yet for people to do that they must consider learning process for them to achieve and to have the opportunity to earn.

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Ferris419
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September 14, 2017, 12:05:15 AM
 #625

I sell my altcoins when I have already made good profits from it as that time holding doesn't make any sense as you may loose all your profits if you don't sell at a right time and buying them back at low price is the best strategy to follow and when it comes to bitcoins I prefer to hold it for a long term.

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September 14, 2017, 01:49:01 AM
 #626

I selling my coins if the price of its becomes high. I always holding my coins and waiting the right time to sell it. I can say that we all need to do to earn big amount of money is to have a lot of patience.
We should indeed hold our coins until and unless they don’t reach your targeted price. Don’t sell bitcoins I mean not all of them even if they pump hard. Bitcoins are going to make new records in the near future and they are worth holding for long terms. I am not going to sell off my bitcoins at once.

That is one great way of setting selling time. But this technique will not be set in weeks or months. It will highly depend on the movement. Target price may not be reached in a targeted time frame, which will then cause you to extend the time frame so that the next attempt might be successful.

 
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September 14, 2017, 04:02:51 AM
 #627

I selling my coins if the price of its becomes high. I always holding my coins and waiting the right time to sell it. I can say that we all need to do to earn big amount of money is to have a lot of patience.
We should indeed hold our coins until and unless they don’t reach your targeted price. Don’t sell bitcoins I mean not all of them even if they pump hard. Bitcoins are going to make new records in the near future and they are worth holding for long terms. I am not going to sell off my bitcoins at once.

That is one great way of setting selling time. But this technique will not be set in weeks or months. It will highly depend on the movement. Target price may not be reached in a targeted time frame, which will then cause you to extend the time frame so that the next attempt might be successful.
Just dont sell when the price dumps, it mau lose you more when the dump is over and time for pumping. I will not sell mine until it earned again, I doubt when it will increase again but since I don't plan to use it yet,will just hope by the time I need it, it pumps already
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September 14, 2017, 05:15:59 AM
 #628

For altcoin that i am not understand or less interesting for me to hold. I decided to sell when it has achieved profit even only 3%. I do it in an exchange because am trading intraday.
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September 14, 2017, 05:31:36 AM
 #629

I haven't sold my bitcoins yet as its an long term investment for me but I do trade with different altcoins and I sell them when I am in a good position and have decent profits from it as I don't believe in holding altcoins longer as it can be very risky and may bring loss for me.
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September 14, 2017, 10:21:30 AM
 #630

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?

You can also use percentage here in crypto trading. Depending on your strategy, basis, and the particular coin you are investing on. There are coins whose price target is around 50%, so by the time it reaches 54% and then starts to go down, then perhaps that is enough to sell already. There are also coins that are good for holding some 2 months time so whether the line goes up or down in several percentages, there are no decisions made.
I think the decision of when to sell your Bitcoins lies in the hands of the one who owns those Bitcoins. This is him who has to decide as per his own way of understanding and strategy. I believe whenever you think this is the right time to sell, go for it. You need to make a graph first of how much profit you want to earn.
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September 14, 2017, 10:40:23 AM
 #631

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?

You can also use percentage here in crypto trading. Depending on your strategy, basis, and the particular coin you are investing on. There are coins whose price target is around 50%, so by the time it reaches 54% and then starts to go down, then perhaps that is enough to sell already. There are also coins that are good for holding some 2 months time so whether the line goes up or down in several percentages, there are no decisions made.
I think the decision of when to sell your Bitcoins lies in the hands of the one who owns those Bitcoins. This is him who has to decide as per his own way of understanding and strategy. I believe whenever you think this is the right time to sell, go for it. You need to make a graph first of how much profit you want to earn.
It is all up to the users whether he will sell or not depending on what percentage does he like to sell it. For a long time investors you must be very biased to what the prices you want to sell because a lot of traders are not likely to be using their mind instead they were feed by their emotions. That's why they yet lose their investments in the process because of panic selling.

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September 14, 2017, 11:10:06 AM
 #632

If I have invested money in altcoins then I never hold them too long and sell whenever its giving me at least some profits as it can be bought again when price dumps and bitcoin is an long term investment for me so I will not sell till it achieves my desired price and till that time I will keep them safe in my wallet.
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September 14, 2017, 11:16:23 AM
 #633

If I have invested money in altcoins then I never hold them too long and sell whenever its giving me at least some profits as it can be bought again when price dumps and bitcoin is an long term investment for me so I will not sell till it achieves my desired price and till that time I will keep them safe in my wallet.

This is the correct way of trading altcoins in the cryptocurrency world - we should set a target amount of gain as our exit or sell even before we made our buy. This way, you will not get much of the emotion side of trading and instead just follow on the pre-planned trading.
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September 14, 2017, 11:17:49 AM
 #634

I have some money to invest in bitcoin, I beleive it will go higher long term. But i'm just that simple to buy bitcoin when its low and then sell at a profitable price.
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September 14, 2017, 12:25:13 PM
 #635

when bitcoin will be one million dollar each. maybe next year ill hold it because i dont need money now i have some cash. ill go for long term investment for it .

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September 14, 2017, 12:47:47 PM
 #636

when bitcoin will be one million dollar each. maybe next year ill hold it because i dont need money now i have some cash. ill go for long term investment for it .

Good for you that you have that chance to keep your btcs untouched. Though i don't think you'll see that one to a million btc/dollar ratio. I plan on doing the same, to keep my btcs as long as possible and sell it when it reaches a life changing amount

 
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September 15, 2017, 04:11:54 PM
 #637

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?
always I follow market volume buy sell order book then I order for sell. other I follow other other exchanger any exchanger coin price up and down. if other exchanger dump this price I sell it and wait for low rate.


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September 15, 2017, 08:50:23 PM
 #638

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?

let me tell you something the trick of the whales is to never sell and HODL (as they say).
If you see a downtrend, like the one we just had, you have to open a short position and lend BTC from the exchange and sell your BTC at a high leverage. Using as base you existing BTC,
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September 15, 2017, 09:00:30 PM
 #639

Thankfully, I only sold about 1 BTC last year when I wanted to do some upgrading.

But this is the type of investment you HODL unless entirely necessary to sell.


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Fireblade
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September 15, 2017, 09:57:31 PM
 #640

If I have invested money in altcoins then I never hold them too long and sell whenever its giving me at least some profits as it can be bought again when price dumps and bitcoin is an long term investment for me so I will not sell till it achieves my desired price and till that time I will keep them safe in my wallet.
yes i will also have the same strategy, and i will also never like to hold altcoin for a long time, but will surely sell it when its price start increase a little, but if i am trading altcoin then i will surely hold my bitcoin for a long time because i am sure that bitcoin investment is the best investment.
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