When do YOU sell?

[noormcs5]

I have no exact profit idea in my mind, but whenever i need some money then i do sell my bitcoins. Before 2 years ago, i bought 10 bitcoins and now i have only 3 bitcoins in my wallets, i already got profit from my coins. Now whenever i want to sell it then i could it. But i wish i will sell my last bitcoin when bitcoin will $100000.   

[Kunlejoe0]

There are different ways to sell. You could sell upward or downward! The basic form of selling is when you sell when you hit your target for selling. You more invest time and effort in finding the right target for this to work

[dg2010]

I usually follow news frequently. I will sell when I predict there will be a dump happens. Sometimes, when I reach the profit goal, I also sell my coins.

[lenovo16]

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?

In my opinion, you should always seek for some specific target when you are doing any kind of investment.
It is same about gambling actually, if you want to do it reasonable: set up some goal for yourself, that will satisfy you enough. Same with trading, and same with gambling: you will encounter scenarios in which your decisions will turn out to be wrong ones.
The exact goal can help you a lot with your plans, because you know what you want . But also, be reasonable in doing this because you cannot just have hope to get 150$ from 100$ investment on any crypto, unless you pretty much want to risk your whole balance.

Yes your right. It is the nature of bitcoin to have an unstable price. Sometimes its up and sometimes its down. Now its up to you whetever your going to sell it or hold it. You have your own target price when will you going to sell your coin. By its a business  you should think were you could have huge profit.

[tb4eva]

I want to see what will happen once futures trading on the CME begins...I hope for a big jump, and if it happens i'll take it as a sign that more regulation and acceptance can be good for Bitcoin. I don't have any plans to sell till then.

[Sone11]

I think selling depends on your strategy. Are you basing it on technicals or the fundamental side of it and also the risk appetite.

[JTASSOCIATES]

When do I sell? The answer is it depend up on my financial need and the circumstances of the bitcoin rate and the market sentiments also impact on my decision whether I should hold or sell. Basic concept is you can plan in advance for selling it all depends on the situation only.

[marseille]

I sell my bitcoins only if I am urgent need of cash or its giving me huge profits but even if I sell its very small amount as I believe in  holding it longer to make higher profits from it and now price is on increasing mode which clearly indicates that price will go much higher in future and when it will hit my target price I won't mind in selling all my bitcoins.

[hurriebra49]

It is very good to set the mind set that when and which price you sell the available cryptocurrencies because if you still wait and make yourself busy in other things then their price if goes up but you are busy and price again in down after pump then in this way you have missed that profitable opportunity, So set the order and after that you can wait.

[Kr-sama]

I sell my bitcoins only if I am urgent need of cash or its giving me huge profits but even if I sell its very small amount as I believe in  holding it longer to make higher profits from it and now price is on increasing mode which clearly indicates that price will go much higher in future and when it will hit my target price I won't mind in selling all my bitcoins.

This is also what I've been doing. I basically don't sell my bitcoins unless I am in need of money or if it hits my target selling price point. I just hold it. This has been the game plan for many investors. And they've definitely earned a lot of profit by just doing it.

[ukboss]

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?

At first we see this market movement and write down and make a one skin short for market movement after 4-5 hour later we again check market then if i'm see this market is growing and we sell my coin. we never count any % because we follow this value of coin. Some time we set stop lose when we go to out of online.

[Wayan_Pedjeng]

Hmm... I sell whenever I need the money, irrespective of the exchange rates. I don't have any other savings, so selling my coins is the only option.

[Bayard2018]

I have 20 years of experience in assets management,  trading etc
I can tell you even it s the better placement of the world, if the growth is too quick it s time to sold
And if you have a good idea be patient and sold only a part in each pump to buy more after the dump and accumulate very slowly to  sold in the next hype

[WSDN]

I follow news and price frequently. Therefore, I will sell when I think the price will go down or when I get the goal of profit. I am not greedy

[HiringYou]

In order to get good amount of profits in Bitcoin investments we should know that what is the right time to sell our BTC's. No doubt holding is key to earn profits but holding only works when we sell wisely.One of the right time to sell can be when the price reaches it's all time high value .Other right time can be when the price is boosting and you know this is a temporary rise so you are selling it  in order to earn as much as you can earn from this bubble.Third situation can be when you are in the need of money so you can  sell your BTC's to fulfill your needs.

[usekevin]

Hmm... I sell whenever I need the money, irrespective of the exchange rates. I don't have any other savings, so selling my coins is the only option.

I won't do like that.All the time this will make you to loose the money. If you sell when the price is high means,you will double or triple of amount you inverse in bitcoin. Avoid of panic Selling and emergency selling.First try to avoid the thought of Bitcoin inversed dollar is available for the expenditure .I will sell Only at the time of bitcoin crossing the next and next peak.

[Chachacoin17]

Hmm... I sell whenever I need the money, irrespective of the exchange rates. I don't have any other savings, so selling my coins is the only option.

I won't do like that.All the time this will make you to loose the money. If you sell when the price is high means,you will double or triple of amount you inverse in bitcoin. Avoid of panic Selling and emergency selling.First try to avoid the thought of Bitcoin inversed dollar is available for the expenditure .I will sell Only at the time of bitcoin crossing the next and next peak.

Well when we talk about selling the best time to sell is during high price i believe only fool will sell during low price  except when we meet an accident and we  need money to be used upon medication i believe we all know about buying and selling and we can see that the most profitable way is to sell during high price because that was  really an strategic way of gaining and  even on the people who didnt have really enoughf experience  will do that simple thing because it is common.

[BCTBF]

I only sell when its prices soar, now bitcoin prices are soaring at $7731 and have exceeded the previous high value. But I do not want to sell it now, because I'm sure this price will still be higher again in the near future.

[shata]

I think selling depends on your strategy. Are you basing it on technicals or the fundamental side of it and also the risk appetite.

Not really. If i were the seller, I would prefer to wait for the rate to increase. It not really depends on your strategy. Strategy is very helpful in selling, and that's right but, If you will sell bitcoins in the time that the rate is too low and you do some strategies to sell it, You might lose some money that you will receive if you sell your bitcoins in the time that the rate is too high. Indeed, The time that i sell is the time that the rate is too high.

[FDC1412]

I always have a 20% cap when i sell. When the coin is taking more time to have its value increase, i go with 20% but when i notice that the coin is having a faster time to increase, i go with 35% or 50%. It all depends on the behavior of the coin.