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Author Topic: When do YOU sell?  (Read 52137 times)
Smoikata
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September 29, 2017, 11:15:08 AM
 #721

I sell when people buy. And back when they sell, I buy. This strategy applies it not only to coins, but also to shares and all kinds of financial instruments. She has always been a success for me. To be profitable, however, you need to have strong nerves.
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September 29, 2017, 11:17:21 AM
 #722

it depends on the trading method you use for me i am holding some coins for long term investment even two year ahead , also i have quick daily trading where normally i sell at 10 % max profit .

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offlinedragon
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September 29, 2017, 11:25:42 AM
 #723

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

I sell the coin when she gave me the profit I planned to get. Then again I buy it if the price is very low. So I get a profit with one coin permanently

The very established and undying principle of buying low and selling high should always prevail in your trading.. Although this is very basic, there are really many traders who fall short in following this due to emotional trading.

Thank you!
You have rightly said. I think there is no other best time of selling you Bitcoins but when the market price is high enough that you can get a good amount of profit by selling your Bitcoins.

I will advise you not to go for selling for at least 3 to 4 months from now. The market is little down now a days and it will result in loss.
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September 30, 2017, 06:56:47 AM
 #724

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.


that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase.
Don’t be at least this much silly with bitcoins. We all know that bitcoins are the most trusted and popular currency in the world not only in terms of international currency but also in context of producing big profits.

Earning profit of just 3% to 5% is very shameful if you are working with bitcoins because they can make you earn 100% profit as well.
We must have some valid reason behind all of our actions. If there is some urgent need and no money is in wallets, it will be wise to sell out one's own asset instead of borrowing from others. Actually, we are doing savings for such situations also. What good it would be if we have to beg others?  Everyone has his own nature. For example, you like travelling but I prefer staying at home but an outing is good.

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September 30, 2017, 10:15:30 AM
 #725

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.
No other way to enter unless the market surrounding the asset have settled or you just probably move to the next portfolio. Most times after you have gotten a certain profit on an asset and it still keeps moving upward, just overlook it and try out something else cause you may run into deep shit trying to quickly buy in. Once it comes down below support, then you can start buying back in gradually.
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September 30, 2017, 10:23:41 AM
 #726

When do I sell? It depends on how much I put into market. If I want a quick profit, I put a lot of money into something and exit at +15-20% , for example if I put 10 BTC on something and it goes up 15%, I sell and make instant 1,5 BTC (that's 6400 USD now), it can happen in one day or two. Not bad hey? Cool
For long term investments, I prefer to invest a lower amount of money to protect myself in case of Bitcoin pumps. For long term, I mean 1-2 years minimum. In this case you need to choose the coin carefully. Hope it helps

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September 30, 2017, 11:19:50 AM
 #727

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.


that is right. I think with the recent fast moving or volatility of bitcoin prices, it is ideal to just target just a small percentage of gains like 3-5% because this way, you can easily achieve this and can be saved once the coin's price goes hard low after just a slight increase.
Don’t be at least this much silly with bitcoins. We all know that bitcoins are the most trusted and popular currency in the world not only in terms of international currency but also in context of producing big profits.

Earning profit of just 3% to 5% is very shameful if you are working with bitcoins because they can make you earn 100% profit as well.
We must have some valid reason behind all of our actions. If there is some urgent need and no money is in wallets, it will be wise to sell out one's own asset instead of borrowing from others. Actually, we are doing savings for such situations also. What good it would be if we have to beg others?  Everyone has his own nature. For example, you like travelling but I prefer staying at home but an outing is good.


Don't you ever getting assets from borrowing except borrowing banks. When you're trading or investing, you must have some free assets to do it. If you don't have. Then DONT DO IT. Don't use assets that you're not ready to lost. Risky bring you profits but it gonna take you down to nothing if you're not in the right way.
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September 30, 2017, 11:35:16 AM
 #728

I usually sell when the price has gone up at least 2 x so it can get a lot profit and sell again when the price starts to fall again
In many cases margin trading is so useful. It is beneficial but that needs to be more careful in business. Your observations must be strong, your analysis must be efficient and your decision must be determined in such cases. Still you are so lucky to earn such goof profits.
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September 30, 2017, 04:54:13 PM
 #729

It depends on coin. If i don't trust dev, i will sell increase %10. If i trust them, i won't sell maybe one year.
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September 30, 2017, 04:59:17 PM
 #730

With altcoins it is easier for me to sell. I dont get regret much even if they go up in price.
But with bitcoin it gets harder to sell it because ot is getting more expensive. When you sell, then will buy again some other time, it is the fees you will be having problem. The sell and buy rate are so far away with each other. That could have been income already.
I would rather hold my coin than have that regret from selling.
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October 02, 2017, 06:34:11 AM
 #731

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
I always appreciate having a target percentage of profits when you are trading and especially if you are doing with bitcoins.

You need to be very sensible when involved in trading since trading is pretty risky and the market fluctuates all the time. No need to be greedy and miss the chance of earning good money just by dreaming for bigger one.
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October 02, 2017, 06:53:41 AM
 #732

It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.
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October 02, 2017, 07:18:30 AM
 #733

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
I always appreciate having a target percentage of profits when you are trading and especially if you are doing with bitcoins.

You need to be very sensible when involved in trading since trading is pretty risky and the market fluctuates all the time. No need to be greedy and miss the chance of earning good money just by dreaming for bigger one.
It's good to dream big but that is for your long term investment, if you can do both short term and long term then you have a big chance of increasing your money faster. Once you are successful with short term trade, you will gamble more because you feel making money is easy in an instant but still always observed to minimize the risk since not all the time we get the success.

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October 02, 2017, 07:41:18 AM
 #734

I try to sell when I double the profit.
I mean, this can take a long time but that is my philosophy lol
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October 02, 2017, 07:42:25 AM
 #735

It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.

is this for day traders? I mean if you keep selling and buying , how would u know how much it would go up and go down. Unless you are the insider of the firm, maybe this is possible.
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October 02, 2017, 07:45:47 AM
 #736

It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.

is this for day traders? I mean if you keep selling and buying , how would u know how much it would go up and go down. Unless you are the insider of the firm, maybe this is possible.

Maybe by monitoring the movements of the coin he had and many people are doing that and they are been settled to earn some low percentage a day. And short trading is best to execute with bitcoins since the movements are so unstable earn with it if we let our eyes watch closely unto it.

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October 02, 2017, 08:29:09 AM
 #737

It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.

is this for day traders? I mean if you keep selling and buying , how would u know how much it would go up and go down. Unless you are the insider of the firm, maybe this is possible.

Maybe by monitoring the movements of the coin he had and many people are doing that and they are been settled to earn some low percentage a day. And short trading is best to execute with bitcoins since the movements are so unstable earn with it if we let our eyes watch closely unto it.
Today is the perfect day to sell bitcoin in the market, because this day bitcoin value were raised up to $4300. For now it better to sell before the bitcoin value is fall down. We cannot sure if the bitcoin value was stay on high price or it was declining. To be sure selling is the best option we can do for now.
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October 02, 2017, 07:20:55 PM
 #738

It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.

is this for day traders? I mean if you keep selling and buying , how would u know how much it would go up and go down. Unless you are the insider of the firm, maybe this is possible.

Maybe by monitoring the movements of the coin he had and many people are doing that and they are been settled to earn some low percentage a day. And short trading is best to execute with bitcoins since the movements are so unstable earn with it if we let our eyes watch closely unto it.
Today is the perfect day to sell bitcoin in the market, because this day bitcoin value were raised up to $4300. For now it better to sell before the bitcoin value is fall down. We cannot sure if the bitcoin value was stay on high price or it was declining. To be sure selling is the best option we can do for now.

It is really a good price to buy bitcoins nowadays but I am also hesitant because the price may even go higher - all we do really is hold, invest, and trade. Those 3 are the basic and prime ways to earned some or grow some of your bitcoins and altcoins.
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October 02, 2017, 07:28:17 PM
 #739

Usually I only sell bitcoin when its price has recovered as it is now, but for now I want to sell it at $5k, that's my next sales target.

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October 02, 2017, 08:08:56 PM
 #740

Usually I only sell bitcoin when its price has recovered as it is now, but for now I want to sell it at $5k, that's my next sales target.

Yes.Me to having a same idea as like you.Since the price of bitcoin is now started to raise back it's old value. So you can wait for a week or 10 days to get that value of 5000$.Now the price is Around 4400$.After a week I think this will reach that value So.This is the best time to inverse.

 
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