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Author Topic: How do you decide when it's time to sell?  (Read 14206 times)
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September 09, 2017, 12:53:00 PM
 #201

I just look when the price reaches a high mark and sell. I think there is nothing complicated in this and it does not always take a lot of time to follow all the news.

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mel0924
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September 09, 2017, 12:59:27 PM
 #202

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
My strategy is that I will make a review on the move of the coins I am going to buy, I have to know what is the lowest price and the highest price move. Then, I will try to make a buy higher on the lowest price to buy and make a sell lower than the highest to sell.

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September 09, 2017, 01:08:58 PM
 #203

i look to 1hour-2hour-4hour RSI and stochastic rsi indicators. if it is over 70~ i'm selling and buying at lower. same for under 30~.
also i look to HMA100-SMA100-Ichimoku if price is at resistence i'm selling and waiting for decision.

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September 09, 2017, 01:11:10 PM
 #204

I just look when the price reaches a high mark and sell. I think there is nothing complicated in this and it does not always take a lot of time to follow all the news.
That's good, but if a price target is not set then one cannot sell bitcoin for a longer time period. The reason is that bitcoin keeps increasing in value. Based on this reality fact, I always have an target price for selling and once it reaches particular price used to sell the bitcoin for required amount.

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September 09, 2017, 01:16:31 PM
 #205

Deciding when to sell in the crypto market is a hard problem. You can not be sure how much it will be high and when it will come down, early sell will take too little profit but wait too long you will be able to lose your profits. How much is enough, the question has no answer.
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September 09, 2017, 01:27:27 PM
 #206

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
You can decide to sell your coins if you reach your target. I always have a notifications in my cellphone about the price of every altcoins.

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September 09, 2017, 03:00:42 PM
 #207

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
By now Im in badly need of money,I need extra income.Thatsbecause I want also to  why I joined this kind of online job.So when I have a salary already.I used to sell it quick.just to provide the needs of my family.I want really to save also bitcoin because I want also to get a lot of cash.But I dont have yet.

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September 09, 2017, 05:34:32 PM
 #208

It completely depends on you my friend because you need setup your goal by how much profit you need from this coin. Some people will sell them when they made more than 10% from their investment. It depends on how much % you are expecting from the coin and at the same time you have to wait patiently for your desire % till the coin grows.
I agree on the statement. It always depends person to person.
Whatever percentage you have decided to earn is your time of selling. When you get your percentage, just sell it don’t wait for more and get new one. It may vary to the profit earning demand.

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September 09, 2017, 05:58:39 PM
 #209

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?
If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
My strategy is that I will make a review on the move of the coins I am going to buy, I have to know what is the lowest price and the highest price move. Then, I will try to make a buy higher on the lowest price to buy and make a sell lower than the highest to sell.
to me i personally try mu best to study the market on regular bases, i also try to get the analysis of experience people and also expert opinion, i have good relation with some people who are too much experience and have good analysis experience, and with the help of such opinion i decide and take a decision either i should sell my bitcoin or to wait for some more time.


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September 09, 2017, 07:16:12 PM
 #210

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?

I sell at a high enough price to make a good profit. Then I put in an order to buy at a lower price on a dip. The problem is that sometimes you sell high and the price just keeps going up. When this happens you really don't have a good option because this year if you sold at $2500 thinking that was a high, then you saw the price jump to almost $5000 and we may never see $2500 again.

This happened to me so I bought some altcoins instead and I'm trading those now. The other option is to buy more Bitcoin at a higher price than you sold but that goes against the buy low sell high rule. The bottom line is don't sell all your Bitcoins. If you get in this situation, you will still be holding some for long term.

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September 10, 2017, 05:44:11 PM
 #211

Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?
me i invest in bitcoin i dont have strategy but i hold my some bitcoin because i think this going so high at the end of a year and everytime bitcoin will go so low i always buy also i dont think you can call it strategy but i call it a cycle only,always think positive in trading that is the best answer
Well most of the time I use my previous experience and analytical techniques to find the right time to sell my bit coins. Sometimes it requires to be patient and hold on for a while for the right time. A little market intelligence is also required to follow the trends and get the right time to sale bit coins when prices are too high.

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TheKeyLongThumbI
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September 11, 2017, 03:23:22 AM
 #212

It's time to sell when your altcoin is pumping 100%. That is the signal for sure to sell all and I will not leave a single amount because it's just probably a hype if it's in an exchange full of scamcoins.

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September 11, 2017, 03:31:11 AM
 #213

monitor the price movement before i can sell my investment, you need to be patience and watching the price value open your mind in instinct when the right time to sell your invesment to make more profit, you i think you your investment without interest is that good idea, i think you wait the price movement to uprise.

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September 11, 2017, 03:52:34 AM
 #214

it depend on the situations itself if the market uptrend still unstoppable i think i would wait a little longer to sell but normally 20-30% profit from my basic capital is enough for me and if the market situations downtrend and dropped gradually maybe cutting my losses will be my actions but there is no certain losses and certain profit in trading

I agree with you. It really depends on the situation of the market trend that we can probably decide to sell something in order for us to gain from what we are going to sell.

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September 11, 2017, 04:38:04 AM
 #215

when I see some bad news on cointelegraph or forbes about crypto I will sell all. Be the first who panic sell. and buy back when people panic sell
Me i do buy and selling order, i just set the amount that i know i could generate good amount of income that is why the time is not matter on my investment, Also i do not have more time to monitor if the fluctuation of value of the coins in the markets.
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September 11, 2017, 04:43:51 AM
 #216

I sell when I have already made some good profits as holding altcoin longer can be risky as you never know when price can crash so its better not to get greedy and be satisfied with the profits that you have made as you can buy it when price goes low in future but I don't have any plan to sell my bitcoins right now as I believe in holding it for a long term.

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September 11, 2017, 05:59:40 AM
 #217

 i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.

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September 11, 2017, 06:20:23 AM
 #218

i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.
yeah when you need cash you better sell it. actualy in cryptocurrency you can earn good profit not only buying but also selling in some point.

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September 11, 2017, 06:49:51 AM
 #219

i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.
your step is very precise, you must sell altcoin when it is good price and is in need. holding the coins too long is also not good because at any time the price of coins can drop drastically so when the price has reached the highest point better sold.

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September 11, 2017, 06:57:42 AM
 #220

i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.
yeah when you need cash you better sell it. actualy in cryptocurrency you can earn good profit not only buying but also selling in some point.

You should focus on making regular profits and that is possible only with trading and its also better then only holding your coins as holding will never give you regular profits so whenever you are making some profits without waiting longer you should sell your coins and buy them back price goes down again.

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Ecological Community in the Green Planet
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