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Author Topic: When do YOU sell?  (Read 52137 times)
PizzaBTC
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September 28, 2017, 12:05:11 PM
Last edit: September 28, 2017, 12:42:23 PM by PizzaBTC
 #701

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?

Whenever you buy a coin, always set your target profit and when will you cut loss. It depends on what is your target profit, depending on what your TAs is, or what did others say. But if you will decide, 5-10% profit will do for a short term trading. And if you are a long term trader, 100% and above.
I am highly in favor of setting your limits, whenever you are limitless there are maximum chances of experiencing great losses. Setting a target and then working to achieve them gives proper direction to your efforts and hard work. I always sell my bitcoins after I have reached my targets and I am happy for reaching my targets with bitcoins.
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September 28, 2017, 12:30:03 PM
 #702

of course I will consider with the advantages gained, more carefully in observing the movement. very unfortunate when selling at a falling price.

That's the most import part when to sell is when we are able to gain. I'm not going to sell just to cut my losses as I really hate that to happen to me anymore. I did felt on how bad to cut your losses when you are lack of knowledge and experience in this type of trade. But afterwards when you get enough information, knowledge and experience in this trade. You'll only sell if there's a need and when you gain.

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crypt0heaven
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September 28, 2017, 03:25:20 PM
 #703

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 dont ever sell. The ony time i sell is when I get into an ICO and it goes x3-x10 higher. I will then sell my initial investment and have a free bag of coins.
boyshx
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September 28, 2017, 03:35:34 PM
 #704

Obviously if there is loss occurring then I will stop the trade immediately. I do not do much of the trading but when I go there then I will go for quick trades only. I don't get involved too much into it because it's not my type of earning. I will get anxious always and will sell like anything but not worth doing. Lols. So I know my limits or how can I perform in there. Also if it comes to very good coin then there are chances that I will fill the order for longer time and unless until it gets me 20% or so kind of profit. If it's loss side that's appearing then I will stop it.
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September 28, 2017, 03:38:16 PM
 #705

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 dont ever sell. The ony time i sell is when I get into an ICO and it goes x3-x10 higher. I will then sell my initial investment and have a free bag of coins.

You are a newbie here and how long you being in the business of cypto currency? As per the message you seems to be investing from couple of years if that is the case then you are very late on this forum i think so. Hope the coins you hold would have given you return and worth today a lot.

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Bacchu
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September 28, 2017, 03:49:09 PM
 #706

I would sell my coin when i see the price is about 20-40% up. Never i sell my coin with low rate.I know in crypto there are no loss if i hold them and if those coin is good coin.I am holding a lot of crypto and sell them when i can see the one coin is listed here (gainers) https://coinmarketcap.com/gainers-losers/ .
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September 28, 2017, 03:52:18 PM
 #707

my goal is to sell at 15/20% of the price i've bought.. still learning alt coins, for now not confortable with these
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September 28, 2017, 04:57:54 PM
 #708

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?

What I do is this. I research as much as possible. I also don't trade on hype. People will try to get you to sell by posting messages on Twitter. Don't react to that. If you're looking to tech trade it then watch it and analyze it. Buy the dip. I never buy on the upward swing. I wait and buy the dip but mostly I buy and HODL. Has worked well so far. Not to say that i haven't lost a little. I have but stay calm when you see others dumping. Watch and analyze.
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September 28, 2017, 06:07:59 PM
 #709

About 10 to 20%. I have a big capital so that I just need a smart percentage to earn profit. However, sometimes when I make a good analysis, I can hold my coin when it gets more than %100 too. Learning trading will give you more chance to predict the market and how people are thinking about this coin. When the volume goes up, it means that there is a big chance that the coin will be dumped or dumped
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September 28, 2017, 07:02:07 PM
 #710

For now I can not determine when the right time to sell the bitcoin I have. yes I say like that because at this time sometimes the economic circumstances in my life that is not yet stable so I had to sell bitcoin that I have at the time that is not right. at the moment I do not really care about the price that is going down when I have to sell the bitcoin I have that matters to me is I can overcome an economic problem that I face today. indeed this is a bad action that I should not do but I further think realistically that must be a priority in my life that I must be able to overcome a problem about the economy that I face. but I'm sure after I can solve the economic problems in my life then I will save all my bitcoin assets for a long time.

 
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slowlii
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September 28, 2017, 07:13:11 PM
 #711

About 10 to 20%. I have a big capital so that I just need a smart percentage to earn profit. However, sometimes when I make a good analysis, I can hold my coin when it gets more than %100 too. Learning trading will give you more chance to predict the market and how people are thinking about this coin. When the volume goes up, it means that there is a big chance that the coin will be dumped or dumped

How do you plan to enter the market again after you sell your valuable assets only for 10% profit? If you make this profit by saving your main capital inside the coins, this is successful, otherwise, not.
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September 28, 2017, 07:21:23 PM
 #712

i usually sell my coins coming from a campaign as soon as they pay me but my investment coins are different stories, i usually markup up to 25% of the price when i bought it but it depends on the market of the coin since usually it does not reach that markup, so i tend to get from atleast between 18% to 23%.

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Jack353
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September 28, 2017, 10:27:39 PM
 #713

Personally, I like to sell at specific intervals which I have set at the purchase, based on the currency's recent price history. However, I always like to hold the last percentage of every purchase to maintain a diverse long-term portfolio.

Good luck and stay safe!  Tongue
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September 29, 2017, 06:30:48 AM
 #714

I'm new at trading but I have some tips for myself that I consider while doing the responsible trading. I will always have my sell limits predefined to stop the loss or even panic situation in which I might do wrong decisions. Usually I'm not greedy about how much I earn, that's the first step while opening the trade. Then I will decided depending on the coin  I have to put my money for longer period of time or it is just a short trade. In terms of long I will mean it very long which could sustain from months to a year. I have held ether since a year and half now that's the biggest hike I have ever got. So there is no loss yet though it reached to thousand dollars in the mid year but I still kept it when it started moving down.


Next if I'm doing the short trade then I will be very careful about the open position and even if there is red signals coming below 10% then that's the point of stop loss for me and I will immediately break the call.

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September 29, 2017, 07:05:10 AM
 #715

Me i buy if its low then i high the price for long term if the coins stay down i still buy then if the price go high like now i sell,i invest big i dont care if i lose and i dont think like that trading is to risk so im ready what ever happen in my money all i have is think positive thats all
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September 29, 2017, 08:42:46 AM
 #716

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 always sell whenever the price is right. I do not have some percentage when to sell it, I just compute all of what I'll going to earn if I sell it today and if I liked the price then I will set it into the market but if the price seems to small i will continue to hold it for a while. Because I noticed that if you just hold it for a while whenever the value is too small, it can grow much bigger the next time around so why be so fast. In this business we need a lot of patience and wise minds.
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September 29, 2017, 09:43:40 AM
 #717

Some people expect Bitcoin to become as widespread as a fiat currency (dollar, euro, e.g.), so there won't be a need to exchange BTC for USD if you can buy everything in BTC, and the valuation is stable. We're never selling our bitcoin, we're buying our first piece of property with it whenever that becomes feasible. Selling is for those who miss the point of bitcoin.
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September 29, 2017, 10:08:45 AM
 #718

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.
Sometimes i do hold altcoin for the long term ,
For example last year when i bought dogecoin for 20 satoshi only and have sold it all at 130 satoshi ,
Guess how much i have made money from it? Quite a lot right?
You have to be patient , and then you could sell anytime!
there is no other better way to decide the time to sell your coins but if you have made up some margin of profit in your mind. I think if you have already decided that you want to make out this much amount of profit at the time of buying the Bitcoin, then you will have no worries at the time of selling.
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September 29, 2017, 10:37:44 AM
 #719

I sell when i got some profit on what i have bought always. I won't do panic in terms of coins that i buy because i am pretty confident with all of my coins. Here are some suggestions that good project with its Initial coin offering right now. Check out the Stonetoken. Pretty good project with the back up of real business. Check it out.
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September 29, 2017, 11:02:31 AM
 #720

I normally sell more than 50% of my stash whenever what I am holding makes a price increase up to or more than 3000%

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