HippiePyro (OP)
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A non technical guy in a technical world
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August 13, 2017, 04:30:19 PM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
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eckmar
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August 13, 2017, 05:00:00 PM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
There is no something that tells you when to do what. If there is wouldn't just everyone be rich ? If you hold specific coin you want to follow news, dev team etc... Price usually rise when something new comes up about the coin and someone invests. Also that is not the rule as anyone can invest at anytime and just increase the price. Price falls when investors sell, everyone this peak will be at different time, so price might be going up and then decrease 5-10% because of people that sell because they think it's the peak and repeat... To summarize no one knows what the price will be in future, and is the current price peak for some coin
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Broly46
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
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August 13, 2017, 05:21:33 PM |
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I will let the profit to run, because I don't know exactly when to sell.
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Self hating nerd that want to escape from reality into the cyberpunk.
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flower1024
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August 13, 2017, 05:24:07 PM |
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Better to sell quickly when prices continue to rise, because the price is sometimes decreased. The price is often up and down without any prior notice, so we have to quickly sell it
When the price keeps on increasing that time, you must watch the flow of chart. When it starts to come down, you can sell your coins and make money. Becasue after increasing one point any coin price come down. If you want to see the same price you need to wait for some time. See 1 month back the BTC price went up to $3000 and came down to $1800, and we waited 1 month to reach that price again. So whenever you feel the price is high sell it doesn't ask anyone suggestion.
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fudster
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August 13, 2017, 05:29:58 PM |
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When to short is the hardest to learn I think, even the seasoned traders are having a hard time unless they wait for someone else who did the first and you see the price starts to dip, you might wanna sell too. The problem with such strategy is that, you never knew someone is just waiting for the price to dip a bit so they could buy thousands which will make the price spike making it hard for you to find an entry.
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carlisle1
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August 13, 2017, 05:37:40 PM |
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I will let the profit to run, because I don't know exactly when to sell.
selling will depend if how you trust your investment if you are for long term you can hold maybe for 2-3 years but if you love playing short better to sell when you already have 20% earnings then try to short again for much lesser value wait for some corrections and hold again.
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Broly46
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August 13, 2017, 05:56:38 PM |
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I will let the profit to run, because I don't know exactly when to sell.
selling will depend if how you trust your investment if you are for long term you can hold maybe for 2-3 years but if you love playing short better to sell when you already have 20% earnings then try to short again for much lesser value wait for some corrections and hold again. It is good to keep the one that is winning like ETH and NEO, I would always sell the losing one to cut loss, because it is very difficult to buy a winning investment, but it is easier to sell it, after I had sold it it will usually go higher and higher, and I will had a difficult time to buy it back at higher price.
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Self hating nerd that want to escape from reality into the cyberpunk.
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emberbekas
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August 13, 2017, 06:32:38 PM |
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It will vary from person to person but for me, I will sell when I already got good return from my initial investment. Then waiting for the price to go down to pick the best time to buy it again.
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electricretard
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August 13, 2017, 06:46:15 PM |
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When to sell you ask? If we're talking altcoins, I'd say about 8 weeks before the market looks like this. Can't make the same case for BTC though, let's enjoy the 4k
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Xxmodded
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Seabet.io | Crypto-Casino
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August 13, 2017, 10:31:47 PM |
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It takes experience and patience for this, in the world of profit and loss trading is common, you must know it. So in my opinion, you better read a lot of trading post and try to analyze.
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100degrees
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August 13, 2017, 10:33:32 PM |
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You set a goal for yourself you when you buy. Things can always change, but if your goal was 20%, then sell a chunk and keep some for a possible moon shot. I always scale my sells some at 20%, some at 35% and then keep a few coins for that occasional 3-10X that comes around.
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shinratensei_
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Leading Crypto Sports Betting & Casino Platform
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August 13, 2017, 10:41:34 PM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
I will sell if the price of my portfolio gets pumped and buy again until all of the coins get plunged, Just looking at the chart of the coin and you will be able to see a clue about the upcoming dump or similar with that. That was so easy to try.
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HippiePyro (OP)
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A non technical guy in a technical world
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August 13, 2017, 10:49:20 PM |
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Are you referring to candlestick charts? I've been try to understand them, takes some getting used, but I do like them. I'll keep on practicing. Thanks for the advice everyone.
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nicolas1979
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August 13, 2017, 11:26:15 PM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
We can sell if the price comes up and raise sell area, so you must analyze and decides your sell area depend your strategy. Second, when stop loss reached, like or not sell it. Only those condition we can sell it, others condition I'll say no ( disciplines ). But everyone has their own reason and perhaps mine is not the same. Your money your call, hope you'll find the right price and time to sell. Good luck.
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friends1980
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August 14, 2017, 12:18:08 AM |
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Sell when it's high!! Buy when it's low!! You're welcome. Let me know if you want to donate something to me for this essential information.
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veraoktav127
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August 14, 2017, 12:26:02 AM |
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Better to sell quickly when prices continue to rise, because the price is sometimes decreased. The price is often up and down without any prior notice, so we have to quickly sell it
That's right, and the important thing is always active online and diligent updated the information when the good price to do sell but should stay in control do not rush, thks
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Tanaka Osato
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August 14, 2017, 12:28:52 AM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
You can never be 100% certain of the correct time to sell. What I would advise is to keep a record of all your trades and constantly analyse them to find room for improvement. Having said that if you are not losing money you are certainly passing the first rule of investing.
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mace15
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August 14, 2017, 02:51:26 AM |
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How do you decide when to sell? What tell you that the rise is over and there is about to be a drop? I keep selling too soon and while I'm not losing money, I could be doing way better. I'd appreciate any advice
You can never be 100% certain of the correct time to sell. What I would advise is to keep a record of all your trades and constantly analyse them to find room for improvement. Having said that if you are not losing money you are certainly passing the first rule of investing. In trading there is always a risks and analyze when it is the right time to sell. Yes there is no correct time when to sell but one thing is for sure when the price is high you can sell by that way you earned profit already. Also it depends how you manage you have because you can sell it for short term or long term investment.
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peachypoo
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August 14, 2017, 03:27:07 AM |
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How do you guys decide when to buy? I was an idiot and bought into SIGT and BCH at what appears to be there peak. Whoops. How do you guys track when to sell with changing BTC prices, do you have a spreadsheet that you can input a BTC price and it'll calculate a sell price to breakeven?
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YS84
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UTEMIS| pre-ICO 15.02.2018 | +50% Bonus
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August 14, 2017, 03:40:18 AM |
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Better to buy at low price and sell it at least price recover. When to sell depends on your needs. If you depend on trading to fulfill your basic needs, surely you need an income soon. If the price of a coin suddenly drops and if it will take long time to raise the price, you will lose the chance at that time. But if you study the market, you can predict what will happen in the future somewhat. Therefore, read about the coin before you invest in it.
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