When do YOU sell?

[odinson0008]

when Im ready to exit in fiat Im selling)

[rejin29x]

you know every person trades to get profit but all can't get at the same time some one have to loose so that other can gain. when ever you are trading in shares just make a flow chart of the price per share if you have bought that share on like 500/ share and the price is going on 480/ share at that time if you think that share price will rise that just made a purchase on 480/ share and even if price didn't rise and it was stuck on 490/ share than you can sell to recover the loss from 2nd transaction

[Liquidathor22]

Trading or investing in bitcoin can make or break you. I guess it will depend on how you make your decision when selling. There should be a perfect timing when selling your coins. A little late or a little early can cause you bucks.

[OPEXDECAPEX]

I would like to ask a novice question - why are the prices of cryptos in korean exchanges (bitthumb and coinone) much higher than the rest of the other exchanges?

[CantIdentify]

For me it' fun... pretty much like gambling. I like to play around with coins and tokens. I also just got some modultrade ones, wanna see what happens with them but at the same time not planning to trade them all, cause the idea behind them is strongly connected with my career so I am planning to use them, too

[coino.org]

If you hold for a long term it is a good option to set goals, for instance close 1/3 of position at the achieving 50% of profit, 1/3 150% of target and leave a bit for future. So, set target in the different price level and close your position bit by bit

[eydrea]

Sell it if you have already profits and if you think if the value is already high. You can't assume that the value of coins is already in the right value already because no one knows when the coins is getting in the right price.

[Proximity Scan]

If you hold for a long term it is a good option to set goals, for instance close 1/3 of position at the achieving 50% of profit, 1/3 150% of target and leave a bit for future. So, set target in the different price level and close your position bit by bit

This sometimes works, but sometimes causes you to make huge mistakes. Check the coins makes 100x on exchanges, most of the early adopters sold their coins too early and they couldn't enjoy the ride.

[havicvotre]

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 really agree with your thoughts, I also think like you if in trading. I always set the target price I want to achieve but I quite often wrongly predict the price.

[moneyafric]

Daily buying/selling is better than holding and sell for higher price. You need to take sometimes to see the trade trend before you trade to make profit.

[sandos]

I do not care what excactly time to sell. I will calculate based on the history of that coin and build an own price. I think you also should do that.

[moneyafric]

I do not care what excactly time to sell. I will calculate based on the history of that coin and build an own price. I think you also should do that.

That is also a good strategy to profitable trade adopted. If you know how to, it is fine.

[squidiot438]

Sell at key resistance levels. you will know this if the price has tried to break it at one point in the past, but failed.

[Roadrage68]

If you are hodling a good coin when and how do you sell?

Let's take XRP for example:

It's climbing pretty good now, but you have to take into account the BTC or ETH you spent to buy it.. what would be it's current value as well? Are you really in profit?

When it climbs vs the USD how do you sell it for USD? and later reinvest in BTC if BTC drops..

Do you wait for the best BTC/XRP ratio to sell?

This stuff can very confusing and frustrating to figure out..

[bitcoinking11]

I think if you have made reasonable profit, then you should sell. If you don't want to sell all, then you can 50 percent or more. When price comes down you can buy again.

[MrKubem]

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

[moneyafric]

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

That's another brilliant method but it's better to devise what works for you.

[MrKubem]

A good question in trade. However, I think this question has many different answers. If I had bought at a price I set out. I would often look at my own way, or set a certain interest rate myself. Example 10% I will sell. However, nowadays I usually set a level that can be reached. Then it breaks up as many tags to sell them.
Taget I: Disintegrate capital with the total capital to buy coin.
Taget II: interest rate of the trade .......
Depending on the coin you can place multiple tags for interest. But the most important point is that the tag I I get will be about 2/3 to 3/4 of the total number of coins you have. And the rest will be your profit. And in case of down price. you can to hold and do not care about them

That's another brilliant method but it's better to devise what works for you.

Yes, that's the method I learned. However, I'm not good at analyzing markets and graphs. It will help you in my approach. This is just one of many methods that you can implement. So, apply yourself to the real . People just came up with their own ideas

[raaaj100]

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.

[Partizanai]

Usually i sell my coins at 30% increase and then i'm waiting for dip. If no dips occur i buy another coin. this method applies to coins which i trade speculatively.
I have other coins on long term hold put on private wallets not exchanges