When do YOU sell?

[CornHub]

For you to sell, you should own a coin, you should have the instinct that it is the right time for you to sell your coin, that might be a benefit of the doubt or fail but its your own strategy on how you see the value and movement of a coins price. Best time for selling is at a high price and low price when buying, study the market of your coins and its past prices to be more precise and accurate. Always aim for earning and not collecting.

[Mr.X(999)]

It's just like gambling but, you also need to see the perspective of the index. My personal strategy is I'll just invest in short-term, you able get income <10% in weeks. Because if you invest in long-term, it kinda makes you think about it all the time and it cost a lot of possibilities on that decision.

[antropogen0009]

Im selling only when Im leaving the project at all, forever

[zhanyiguai261315]

I like to buy and sell according to the recent price history of the currency, according to the percentage increase I set at the time of purchase. But, I always like to keep a percentage of every purchase of the last to maintain long-term portfolio diversification, rose more will sell part of the left part of their own virtual currency long hold!

[Drizzlepistol]

i think you should keep a cool head. Sometimes, you have to foget how much money you lose or win in trading, and focus on choosing the entry points or exit point. 

[kuruyama]

I sell my bitcoin if my investment is already have a good profits to it because I can earn more money in this already. Nobody can say if the bitcoin's value achieved already the highest value because bitcoin is volatility. This can say that bitcoin sometimes dump or pump always. It depends to your strategy in trading because there is always a tip in trading. Just set your profit goals in your bitcoin and your desired profits already to know when do you sell your bitcoin already.

[ArIMy11]

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?

There are some situations I consider before I decided to sell my coins

First, when I need money and this is the only coin I've got. Even though the price of a certain coin is low I still sell it because I choose to solve the problem than wait for the price to rise. If I have any other coin to sell, I sell the coin that can't give me much more profit.

Second, when the price can already gave me a big profit. I still do not know how to read or analyze the market so when the price goes up I am just monitoring it and when I notice that its going down, I set the price immediately.

Last, when I am going to use it to buy another coin even though its price is low. I believe that it is not a good coin so I will just use it to buy another good coin that can give me much profit.

[Qartersa]

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?

There are some situations I consider before I decided to sell my coins

First, when I need money and this is the only coin I've got. Even though the price of a certain coin is low I still sell it because I choose to solve the problem than wait for the price to rise. If I have any other coin to sell, I sell the coin that can't give me much more profit.

Second, when the price can already gave me a big profit. I still do not know how to read or analyze the market so when the price goes up I am just monitoring it and when I notice that its going down, I set the price immediately.

Last, when I am going to use it to buy another coin even though its price is low. I believe that it is not a good coin so I will just use it to buy another good coin that can give me much profit.

I got your point. You know, when I was a newbie at trading, I have tons of rules I set to myself; the rules I set either comes from a book I studied on, online quorum, academic talks, and all other idealistic theories I have set for myself as a trader. But I realized that as days pass and the older I get in the trading business, there are really no hard and fast rules when it comes to a successful trading venture because we all have various measures of success. Perhaps a simple math will help you do the trick. If indeed you have gotten back your return on investment at a time you have set, then you have succeeded in that trading. The percentage of success then depends on how fast your clock is running because it is YOU who set the pace. 

[supine]

Well, honestly, I don't usually my coins without a need for it. I have learned from the past from selling too early. One time, I sold some of altcoins because it was losing value drastically, after 4 months the value went ridiculously high. From then on, I only sell when there is a need for it. I always consider my cryptos as an emergency fund and not something I can use for my daily needs.

[DByte]

I prefer holding my bitcoin for long-term I only sell when bitcoin is going through correction.

[dvillier]

For those that sold their bitcoins as of now, it's great to see that you were content with your increases yet by and by I won't offer for the time being. I'm not that disappointed with the present cost of bitcoin yet I can't offer for the time being as there's no need of doing it and I'm almost certain that it's cost will rise once more. So for the present it's smarter to simply continue sitting tight at the correct cost before offering, I'm not even in a rush so there's no compelling reason to freeze.

[boddy.dy]

I sell my bitcoin for only to reasons, I need cash and its prices go higher. Basically I need bitcoin or I can say we need bitcoin when its price is low. Then we will keep it until the prices go high, it is like an easy money right. But it takes a big courage and gats for this technique because nothing is fair in this word. In terms that bitcoin to convert to cash, I used it to pay my bills thru online and even shopping online. I also send money to other people in our country thru bitcoin. What also good in bictcoin is if I travel I don’t need to bring a lot of money because some of the countries are accepting bitcoin. Imagine how convenient that was.

[Gabz999]

When I saw that its already made me profit 5-10% I will sold it instantly. I don't want to regret not selling while it is still in profit. I just want to secure my profit first before anything els. Im a day trading that's why profit is mor important to me. I do hold some bitcoins for long terms also

[Tynovten_]

If you do the trading, you must have target. Example, when you buy alcoin 10$ when the dump happen 15% be ready to sell it. And when pump happen for 30%-40% that's the estimation when you must sell it.

But if you only invest, sell when you need it.

[Konco126]

I think, when I want to sell the bitcoin I have. I will decide to sell it if the bitcoin price is high enough and I don't have a handle for the necessities of life anymore. So I had to sell some bitcoin I had. Because if not so or keep the bitcoin I have, for so on I will not be able to meet the necessities of life.

[mico]

I do not have a fix selling time. But I have set own exit point and I also check the market requently to hunt the news and make the right decision. So, I often get profit early

[8Habits]

I do not have a fix selling time. But I have set own exit point and I also check the market requently to hunt the news and make the right decision. So, I often get profit early

for sure we can capitalize on the big news about bitcoin. If we see some bad news about bitcoin, we can buy when it is down already - buy when people are scared and sell when they are greedy.

[Topaz72]

I will sell bitcoin if i will have a profit of 50-70%. But i wont sell everything, i will only sell some of it when i'm in need of money.  I will still save some for future use, besides bitcoin's value continues to rise. I will regret if i sell my bitcoins too early without thinking how much profit will i get from it.

The best time to sell bitcoin is when its price go high as last month when its price go high so everyone they sell their bitcoins and I also sell all my bitcoins and it give a very huge profit then ever normally people buy bitcoin when its price go down and then they keep it on hold because they are waiting for right time when its price go high then they sell bitcoin and take their profit so always sell bitcoin when its price go high.

[CaterpillarRave]

I will sell when I reach 10% of profit. that's my rule. It helped me quite successfully until now. You should not be greedy. Otherwise you will lose everything. Make your own rules. Do not let psychology dominate you. you will succeed. Do not try to hold long to have the opportunity x2 x3 balance. That is a trader's vices

[dx_twisted]

I will sell when I reach 10% of profit. that's my rule. It helped me quite successfully until now. You should not be greedy. Otherwise you will lose everything. Make your own rules. Do not let psychology dominate you. you will succeed. Do not try to hold long to have the opportunity x2 x3 balance. That is a trader's vices

A gain of 10% is impossible to achieve if you are a day trader. There's only a possibility if you are doing this in long term. Nowadays, a normal gain plays around 3 to 5% and it will take you either one to two weeks to achieving that. It might be a different situation if targetting a not known coin which has the potential to rise up, due to hype or market trend. RaiBlocks (XRB) is a good example, from $0.10 last December 2017 it rises up to a max of $34 this January 2018. Either way, there are coins that are currently in the Top 100 of crypto market cap that has the possibility to follow the footsteps of XRB. In order for a trader to not miss out on anything, he / she needs to focus on being updated with the current news, events, and happenings around the crypto scene.