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Author Topic: When do YOU sell?  (Read 52052 times)
Itjoker
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October 04, 2017, 01:38:06 PM
 #761

Also it depends on the period of time, which you can affort to invest your money. Of course it is better to invest into heavy coins like bitcoin or etherium for long time.
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October 04, 2017, 02:38:15 PM
 #762

Also it depends on the period of time, which you can affort to invest your money. Of course it is better to invest into heavy coins like bitcoin or etherium for long time.
Right. And that is quite less riskier than playing with lesser altcoins. Though as i've always said, as long as you're selling with profit, that should be good enough. Don't mind waiting even for an extended time. Patience is everything with trading

 
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October 04, 2017, 03:40:57 PM
 #763

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.
Yep! It is always nice and safe to set a target to be cashed with your coin otherwise you are totally unaware of the fact whether you are in loss or profit. Calculations are very important in business. It is good and effective strategy to sell off coins when they are not touching target prices for long time but still are at high prices.
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October 05, 2017, 08:37:51 AM
 #764

Sell it at the right target, dont be too greedy.
Sell at the right time,
Real right time, it is not  a right tome to sell now.

HODL now.
Or buy more.
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October 05, 2017, 08:52:39 AM
 #765

I always do is if i have altcoin i always set the amount to sell when it already reach it will automatically sold, by doing that i do not need to always monitor the value of coins in the exchanged wherey altcoin putted.

But in bitcoin when i see the value is continuous increasing and i think it is alreadynon the higher value i sell it then waiting for the dump of price before i buy bitcoin again. Take note i have money in fiat and bitcoin what ever happens i could sell or buy bitcoin.

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October 05, 2017, 10:26:52 AM
 #766

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.

true and preferably if we already get any profit even if a little is okay if want to sell and do not forget to be grateful with what we have

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October 05, 2017, 10:35:51 AM
 #767

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?

A certain target price is my usual basis. That is in satoshis basis. But it does not apply all the time. There are times when I try to target not price or value per token but within a certain duration. That means hodling for some time. Most of the time, this strategy of mine is for tokens that are cheap and are slowly moving.
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October 05, 2017, 12:24:47 PM
 #768

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.
Best strategy so far. You are absolutely right that there are much losses in your way if you are planning to go to infinity. There is no limit, there is no plan, chances are out of our box and loss is there to welcome you. So better it is to set your target margins and whenever you are achieving them, sell that at particular moment.

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October 05, 2017, 01:03:26 PM
 #769

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?

If someday i earn bitcoins in my wallet,i want to hoard it and when the time the market value will increase  that the time i sell my bitcoin,if more demand in blockchain market the value of my stock  will be increase,more demand more bitcoins earns.

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October 05, 2017, 01:44:24 PM
 #770

Sailing is just a matter of what every body's needs,
For me it's better to sell if in needed and if the value of coins will bigger.

As long as I trust bitcoin I can kept my earnings so that it will saved and convert it if the price is higher than I expected.
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October 05, 2017, 01:47:20 PM
 #771

Sailing is just a matter of what every body's needs,
For me it's better to sell if in needed and if the value of coins will bigger.

As long as I trust bitcoin I can kept my earnings so that it will saved and convert it if the price is higher than I expected.

Ecactly. When you're not dependant on the selling some coins for your living, it's best to keep the until they reached the value you expected.
Until then, you only need to hold your coins in a safe place. From there you can always move them fast to an exchange if you want to sell some, but for me personally, I prefer holding them until the market cap of crypto reaches a 200.000$. I don't think that's an unimaginable number Wink

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October 05, 2017, 01:49:25 PM
 #772

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?
Of course I will sell my bitcoin when price is very high value.If I have a choice to save bitcoin I will do because its very big profit in the future.Its really exciting to have bitcoin just like my sister shes very happy when she saw the price is very expensive.Shes very excited to  know the price is very high.Storing bitcoin is the best way to be rich.
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October 05, 2017, 06:45:51 PM
 #773

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 high, because who wants to have a little profit? I have a lot of patience so I can wait for a long time, I can hold that coin for a long time as pong as their value do not meet my expectations. Besides I don't have a lot of things to spend money with so I'm just keeping my coins and sell it when the price grow. And that thing make me rich, I'm not that rich yet but I know that if I just continue this thing I can became a millionaire.
i have never sell my bitcoins instead of selling my bitcoins i'm buying more and more bitcoins because i want to be a rich in leaps and bounds and bitcoins are there to help me because the values of bitcoins are increasing.

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October 05, 2017, 06:50:35 PM
 #774

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 high, because who wants to have a little profit? I have a lot of patience so I can wait for a long time, I can hold that coin for a long time as pong as their value do not meet my expectations. Besides I don't have a lot of things to spend money with so I'm just keeping my coins and sell it when the price grow. And that thing make me rich, I'm not that rich yet but I know that if I just continue this thing I can became a millionaire.
i have never sell my bitcoins instead of selling my bitcoins i'm buying more and more bitcoins because i want to be a rich in leaps and bounds and bitcoins are there to help me because the values of bitcoins are increasing.

You said that you never sell your bitcoin,but you can't be like that you have to use it when the right time comes.So you just set a goal of how much profit you want.
I planned to sell my bicoins at 2022.Because i expect at that time the price will be around $ 10000.
I think that's a good profit for me.

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October 07, 2017, 12:59:00 PM
 #775

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?

might be able to sell if the price goes up and it's getting a profit and it's up to you how much profit is enough for you

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October 09, 2017, 02:21:00 PM
 #776

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 high, because who wants to have a little profit? I have a lot of patience so I can wait for a long time, I can hold that coin for a long time as pong as their value do not meet my expectations. Besides I don't have a lot of things to spend money with so I'm just keeping my coins and sell it when the price grow. And that thing make me rich, I'm not that rich yet but I know that if I just continue this thing I can became a millionaire.
i have never sell my bitcoins instead of selling my bitcoins i'm buying more and more bitcoins because i want to be a rich in leaps and bounds and bitcoins are there to help me because the values of bitcoins are increasing.

That is a good risk to take. But! I noticed I said it risk? Yes, there is still a risk involved because we don't really no what future holds with bitcoin. Although I am not saying that it will be going down but what I want to share is that, you should not put all of your money in buying bitcoins, there should be some sort of budget percentage like, 40% or any percent will go to buy bitcoin, some percent for other investment, and the like. Do not put all of your eggs in 1 busket.
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October 09, 2017, 04:35:45 PM
 #777

when I think price is too high and i am in profit.In that I i sell my coin and quit.Some Time I sell 90% of my coin and 10% holding for long term.And I hope 10% holding is just a trick If the coin pump more I can earn more
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October 09, 2017, 04:38:42 PM
 #778

When I feel like I've made enough profit or dont want to lose any more money Cheesy

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October 09, 2017, 08:04:33 PM
 #779

After aquiring quite a number of coins, this is a real problem for me, as I have no idea what profit is the one I'm really aiming for. I mean, I don't need that money at one sudden moment, so if I wake up one day and it turns out the coins I bought grew to $100,000, I'm not sure if I would sell it immiediately. I have enough money to live and 100k isn't in fact that much. I would regret selling it, because what if they could grow to $200,000? And then what if they could grow even more? I guess, it's never enough, therefore the thought of selling them all one day scares me the most.
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October 09, 2017, 10:28:59 PM
 #780

After aquiring quite a number of coins, this is a real problem for me, as I have no idea what profit is the one I'm really aiming for. I mean, I don't need that money at one sudden moment, so if I wake up one day and it turns out the coins I bought grew to $100,000, I'm not sure if I would sell it immiediately. I have enough money to live and 100k isn't in fact that much. I would regret selling it, because what if they could grow to $200,000? And then what if they could grow even more? I guess, it's never enough, therefore the thought of selling them all one day scares me the most.

Interesting. When you have enough money, it would be defeating the purpose to withdraw it if your aim is to make it grow even more. The fact that you buy bitcoin to have potential earnings is one thing and the other thing is when to cash it out. This will really depend on individuals goal. I am day trading half of my coins and the other half is just there sitting and settled ready for the future and what it may brings.
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