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Author Topic: When do YOU sell?  (Read 52052 times)
XCANA
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September 23, 2017, 07:04:09 PM
 #661

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 is some time advisable to set of profit that you want achieve in your trading, because that will guide you to stick to your money management rule to avoid loses. There is need to equally have a percentage for stop loss.

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September 23, 2017, 07:49:19 PM
 #662

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 is some time advisable to set of profit that you want achieve in your trading, because that will guide you to stick to your money management rule to avoid loses. There is need to equally have a percentage for stop loss.
Having stop loss is always recommended and I do this thing everytime I do trade.I do set up some amount that I can able to lose up on a particular trade without risking too much on my capital or bankroll. We should really set out on a certain range on where we would able to take on profits.Im an active day trader this is why I'm active on setting up selling or buying points depending on the indications that I do see.
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September 23, 2017, 08:54:45 PM
 #663

Usually, I'll based my selling point when I think that the value isn't going any higher maybe for couple of days and weeks. Any other than that, I would go by percentage where I would get 15% or higher if I am lucky. It takes so much patience just to sell a bunch of coins with profit gains so I think its better to sell it when you think that's the highest profit you'll gain in couple of weeks. Much safer than achieving certain percentage because you'll likely to chicken out when its selling time. Smiley

 
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ongels
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September 23, 2017, 09:35:03 PM
 #664

I prefer to sell my bitcoin when it seems value are good enough to cater my satisfaction level, This is very important for me to to capture what i want any moment, What i've done right now is keep on tracking, and monitoring on the site and took a good chance to make more money. I used to hold my btc on wallet so that every time, a good opportunity come's ill be the first one to dump my btc.
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September 23, 2017, 09:48:54 PM
 #665

It really depends on the situation. I haven't made too many trades but I usually go for 10% at least but if I feel like the charts are starting a trend downwards I try to break even or make a smaller profit.
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September 24, 2017, 12:47:07 AM
 #666

Me! I sell when i know the selling price is best. But what is best price for me.?? For me the selling price us when the x% is higher than what i am expecting for the regular percent of my money i have in my wallet. So in this case i always keep in my about the flactuation of the value of bitcoin and also keep in mind for the safetyness of my money. I just control my self for that situation to avoid loossing big money because i experienced that before.

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September 24, 2017, 01:04:13 AM
 #667

Me! I sell when i know the selling price is best. But what is best price for me.?? For me the selling price us when the x% is higher than what i am expecting for the regular percent of my money i have in my wallet. So in this case i always keep in my about the flactuation of the value of bitcoin and also keep in mind for the safetyness of my money. I just control my self for that situation to avoid loossing big money because i experienced that before.

I have my certain plans. I decided my sell points for each coin. People can't store their tokens forever, exit plans are really good.

Bitcoin, I'll sell them for $15,000 each.

Ethereum, I'll sell eth for $900 each.

LTC, I'll sell ltc for $200 each.
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September 24, 2017, 01:48:08 AM
 #668

Of course sell it when the price is high and buy it again when the price is low. You can predict that by learning what will happend next by patterns.

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September 24, 2017, 03:41:19 AM
 #669

I sell when I profited enough. I'm setting a target price or when I profited at least 20% from my capital then I buy back when it'll having dips. But I only did this for the coins that I know is just for short term holding.
Don't wanna be so greedy like I always think that I want a fast return of income.

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September 24, 2017, 05:37:24 AM
 #670

10-30% is a good profit for me. I just hold some coin for long time. other coin if have profit I will convert to usdt

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September 24, 2017, 07:32:49 AM
 #671

Of course everyone wants to sell high but there are still people that are scared to loose more but they don't know it will go up within minutes after they did it.
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September 24, 2017, 07:50:22 AM
 #672

i sell when price up more than 30% when buy like if i buy when price is 3000 will sell when price more than 3900$
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September 24, 2017, 11:27:29 AM
 #673

I usually sell when I gain 5-20% of the profits from the altcoin business. I think if I did not sell at the time then surely the altcoin would drop because the whale and the investor would sell very quickly.


I am even ok with 3% gain because it gives me confidence and a sense of assurance everytime my tradingview gets notifications that I have just earned 3%. With .5 btc, in each trade, getting 3% gain is god enough but when your bankroll is small, you really can't appreceiate much your earnings..
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September 25, 2017, 09:37:13 AM
 #674

I usually sell when I gain 5-20% of the profits from the altcoin business. I think if I did not sell at the time then surely the altcoin would drop because the whale and the investor would sell very quickly.


I am even ok with 3% gain because it gives me confidence and a sense of assurance everytime my tradingview gets notifications that I have just earned 3%. With .5 btc, in each trade, getting 3% gain is god enough but when your bankroll is small, you really can't appreceiate much your earnings..

Well with how the market is moving today, with some uncertainties of how the exchanges in china will unfold, even a 5% profit would be good enough for me. That's for trading alts as i'm holding to my btcs for better or for worse

 
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September 25, 2017, 09:57:39 AM
 #675

I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.
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September 25, 2017, 10:37:49 AM
 #676

I only sell bitcoin or sell some coin assets if I only need money, if I am not in need of money then I just keep in the market wallet that I believe. if in % will only sell 25% only.
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September 25, 2017, 10:42:08 AM
 #677

depend on what coin I invest. for altcoin under top 50. x2 is target. and for top 10. 10-15%
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September 25, 2017, 12:00:35 PM
 #678

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 sell when Bitcoin and Altcoin are trending down or vice versa when it's trending up but at an increase I think it is appropriate to sell to wait for a low price and a suitable buy back. You need to "sell greed and buy fear" you will succeed. The timing of buying and selling is extremely important. It depends on your judgment!
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September 25, 2017, 12:11:21 PM
 #679

I will soon sell when the price has gone up do not wait anymore because the price in the market can go down is not clear, and when the price drops it must quickly buy back in more quantities. then we can get more profit.
The important thing is that we can benefit when we sell Bitcoin. Because whatever the condition as long as we can get a profit margin then selling is a wise choice in my opinion. Due to the current uncertain situation we can not determine the direction of the bitcoin price movement. Prices may increase and may also decline rapidly. So it's better to take the safe way and also not to take risks.
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September 25, 2017, 12:16:16 PM
 #680

I have the common question. How do you understand whn you should to sell your coin? How do you determine it?
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