When do YOU sell?

[ajochems]

I will sell it if the price higher than when I buy it, not depend on how much percent of my profit, but just I get profit it's still okey for me. Because I'm also new trader in crypto currency world. So it's still difficult for me to make decision how much percent I must get profit from trading. I need improve my skill trading first.

You have the point that only selling when the price is much higher than the original price you bought it. However, you also need to take into considerations the trading transaction fees and calculate your ideal gain and target it put an automatic sell when you reach the desired price.

Just Consider you are brought a BTC at rate of 4000$.You have to wait at least it reaches 4500-5000$.So only you will get 500-1000$ profit. Like this, you can sell based on the Money you inverse in that.If you OK with any price of bitcoin at any time means, you can sell your holding bitcoin. But if you want more profit from the assets you inverse means, you have to wait for the price reaches the moon. Then,you can sell and get huge profit.

[8Habits]

I will sell it if the price higher than when I buy it, not depend on how much percent of my profit, but just I get profit it's still okey for me. Because I'm also new trader in crypto currency world. So it's still difficult for me to make decision how much percent I must get profit from trading. I need improve my skill trading first.

You have the point that only selling when the price is much higher than the original price you bought it. However, you also need to take into considerations the trading transaction fees and calculate your ideal gain and target it put an automatic sell when you reach the desired price.

Just Consider you are brought a BTC at rate of 4000$.You have to wait at least it reaches 4500-5000$.So only you will get 500-1000$ profit. Like this, you can sell based on the Money you inverse in that.If you OK with any price of bitcoin at any time means, you can sell your holding bitcoin. But if you want more profit from the assets you inverse means, you have to wait for the price reaches the moon. Then,you can sell and get huge profit.

There are really different strategies, plans, and profit goals when it comes to trading bitcoins and other altcoins. The most important thing is that you have a definite and fixed plan so that there will be no more room as much as possible for your emotion to sets in because you are just following your pre-planned trading.

[herehero]

According the experience from these  past years :  I think selling is wrong, keepping  is a better choice

[8Habits]

According the experience from these  past years :  I think selling is wrong, keepping  is a better choice

Keeping is better choice in so far as just holding your bitcoin. But if you are trading, this question is valid. Good cryptocurrency traders out there are really that good that they already have some pre-planned trading as to when to buy and sell - with this, there will be no more guessing and just a matter of setting up auto buy and sell of desired altcoins.

[herehero]

According the experience from these  past years :  I think selling is wrong, keepping  is a better choice

Keeping is better choice in so far as just holding your bitcoin. But if you are trading, this question is valid. Good cryptocurrency traders out there are really that good that they already have some pre-planned trading as to when to buy and sell - with this, there will be no more guessing and just a matter of setting up auto buy and sell of desired altcoins.

Sounds good if someone have ability of ' strategy design'.  But it is not reality for most man in the street.

[daKotajayl@12]

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'm not interested to buy bit coin present. because bit coin has great demand present in the market so i would like to keep hold it few years.  i'm trying to buy some more bit coins. really now bit coins has great demand so we have to cash it. and earn profit. in my point of view selling is wast. just hold it few years and earn more profit. it is good idea to get rich.in the future bit coin price going to up so keep hold it next you have to sell then you get more profit on that bit coin. so don't sell now.

[crypto_nation]

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?

Its a bit tricky actually. For me it is something like gut feeling. When it runs up in double digit (percentage wise), I would like to sell and then buy back at lower level. You can also use bollinger bands if you chart it. Try to sell when the bar touches on the higher end of the band.

[musharaf]

when do you sell it is simply said that the thing which is to be keep in mind when the market saturate then there will be no gap for the investors to take advantage from that market and thus it is good for them to sell in the market. once they sell in the market the supply of that will rise in the market and the prices go down to make some space for new traders.

[8Habits]

According the experience from these  past years :  I think selling is wrong, keepping  is a better choice

Keeping is better choice in so far as just holding your bitcoin. But if you are trading, this question is valid. Good cryptocurrency traders out there are really that good that they already have some pre-planned trading as to when to buy and sell - with this, there will be no more guessing and just a matter of setting up auto buy and sell of desired altcoins.

Sounds good if someone have ability of ' strategy design'.  But it is not reality for most man in the street.

You are correct mate - trading is really not for everyone. Fact is, even if that certain individual knows many things and knowledge about trading and also have some list of best trading strategies, it would not mean that he will be successful at trading. After all it is the mindset, descipline, and will power to follow the strategy that count.

[Marrionbitcoin]

I will do sell if I think the price will never get higher. You have to learn how to read the flow of the graph if the trend will go higher or not. Before the price goes down, you have to withdraw it to avoid big loss. Also, you need to read the news about Bitcoin to know the forecast and make some plans about it. However, as of the moment, the price is too high to buy but it's the best time to sell. 😊

[shawn995]

according to my own personal experience i start buying whenever the price of bitcoin going down and whenever the price of bitcoin is going increasing then i start selling my coin which will give me enough profit.

[xCryptoManiaX]

When I need money or when I feel like I gotta sell and buy later cheaper.

[jack05]

Usually i wait when my bought coin reaches 10-15% more from price which i paid. Safe and good profit

[KaliLinux]

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 will fix some percentage to myself like i will wait until it reaches to the certain % and sell them for decent for profit. Its a method not willing to take risk.
Else i will hold my coins for long term and i will set my mind not to touch even if the price go down will not worry about it. So that o can get some unexpected profit by taking risks. Because i have a hope cryptocurrency is future so it will not give from the market.

[ripti]

As long as the condition is that we get profits, selling my opinion is a good choice. Due to the current uncertain condition, we can not determine the direction of the price movement of Bitcoin. But the difference in the needs of the person is particularly noticeable.

[Denamen]

Generally, I usually use percent of the money I invest to set my profit. Depend on kind of bitcoin and altcoin, I will set 5% or 10%. If my coin rises up equal or near those percent, I will sell.

[whyrqa]

Generally, I usually use percent of the money I invest to set my profit. Depend on kind of bitcoin and altcoin, I will set 5% or 10%. If my coin rises up equal or near those percent, I will sell.

The fact is that for which type of earnings you need to have increased attention to the Bitcoin course. If you take a plus or minus 5% of the price, it happens that the difference changes in just a few minutes.

[cryptohorsee]

When do I sell? I usually sell my initial investment after some pump like 200% then hold the rest. But it depends, when I was investing in icos I just sold all my coins on the pump, in some cases, it was a right decision. But after some time I think I should give more time to the new coin, and see how it will do after 1 year! I think that blockchain platforms and wallets have more growth potential than simple erc20 tokens, but it is just my opinion.You should just do your own due diligence

[Freshmen]

According the experience from these  past years :  I think selling is wrong, keepping  is a better choice

Keeping is better choice in so far as just holding your bitcoin. But if you are trading, this question is valid. Good cryptocurrency traders out there are really that good that they already have some pre-planned trading as to when to buy and sell - with this, there will be no more guessing and just a matter of setting up auto buy and sell of desired altcoins.

Sounds good if someone have ability of ' strategy design'.  But it is not reality for most man in the street.

You are correct mate - trading is really not for everyone. Fact is, even if that certain individual knows many things and knowledge about trading and also have some list of best trading strategies, it would not mean that he will be successful at trading. After all it is the mindset, descipline, and will power to follow the strategy that count.

I often read here people are asking for help when they want to get into it. They don’t know anything about trading but the only shine of the profits bitcoin is offering, they want to dive in this pool of traders. I must say, everything is not for everyone.

There must be some interest and will power, as you said, for making your run in a race. Find it and if you find that in trading go ahead.

[Eternu]

according to my own personal experience i start buying whenever the price of bitcoin going down and whenever the price of bitcoin is going increasing then i start selling my coin which will give me enough profit.

That is maybe the safest way of trading, also interesting one. I didn't consider that before, it sounds safer. For me there is always a dilemma when to buy and when to sell, like in many cases not just me. But with your way of looking on trading... yes you earn a bit lower, but your way of trading is safer. That is what is sometime important, better to earn a bit less, than to make a mistake. But i don't regret anything that I have done in trading. Thanks for idea.