How do you decide when it's time to sell?

[BitcoinBallerina]

I always use technical analysis in daily chart like use RSI to know when the price overbought, when price overbought then sell it .this way indeed not work all the time but mostly. And most important think dont be greedy, just sell when the price overbought then buy other coin in oversold. This method will minimize the risk during trading.

Ya doing technical analysis with indicators like Bollinger Bands and Exponential Moving averages are very helpful in judging price movements. When the price jumps out of the BB's then it's time to make a move.

[Wintersoldier]

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

For me the answer to this question is quite subjective becasue there are differences in each situation. If you are dealing to earn more out of your Bitcoin, it could be better if you will consider to always check the value of the specific crypto-currency or bitcoin becasue there is always a right time to sell in terms of you target price and goal to earn for you to achieve something. Yet, the possibilities is constantly changing so there is always be a neded change in each transaction you consider to do.

[nskendrovic]

I always research before selling because my aim is to make always profit for at least 30 to 40% on the investment I made otherwise I will hold until I make the profit on it. This is my minimum target for selling the coins in the market.

If you're using BTC there should never be a correct time, just buy the dip as best as you can as the price will always go back up in the long term.

[giarised]

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 always monitoring the price of my coins in blockfolio. For me monitoring the chart and the price of the coin is a good way for us to create a wise and good decision to sell our coins.

that'll become a boring job and way to do, how about switching over to bot, you set up the price you have targeted and just leave until few days.
by the way, monitoring will increase your anxious and doubtfulness about whether you need to make decision at that time or not. more confusing ofcourse.

I actually keep a check and balance on the fluctuating prices of crypto currencies to make wise decisions before selling or purchasing bit coins. In my opinion the best time for selling bit coins is the pump period in market while the best time for purchasing bit coins is dump period.

[Aleister Crowley]

I always research before selling because my aim is to make always profit for at least 30 to 40% on the investment I made otherwise I will hold until I make the profit on it. This is my minimum target for selling the coins in the market.

Well, it is important that the coin you choose to invest, if it is truly potential, profits from 30% to 40% will probably come true, but vice versa if it is not potential, the best is that we should sell it as soon as possible when we have a profit, so we need to research carefully before investing. And I think the time to sell has been decided since we invested, we have relied on a lot of factors to determine the goals we want to achieve, if the goal is achieved, we will sell and vice versa

but there is a time where we can increase our investment in more quantities when the price continues to crash, so that at a certain moment, when bitcoin back to the original price we can get enough profit for us aloih invest in other coin which where has visible potential

[richkellj]

For me because I'm not online all day and I have an offline work. What I do is set the price I want to sell. And I'm looking at it when I'm home tonight. There is also a win.

Good strategy, the only drawback is that you need to keep the money in the exchanges instead of the wallets...

It's a good strategy if you want to avoid the hard feeling of seeing the price when falling back. What I do to decide when the right time of selling is not depending on my need. If there's a need to buy something or sustain with financial then I have no choice but to sell some of my mBTC's but if there's not I don't sell and just wait for the movement of price.

If you're not up to it, the price movements that is, better to just keep it safe in your wallet and as much as possible, if you have a day job, avoid withdrawing and use your salary for your expenses. We're not gonna be sure whether bitcoin will shoot up or go down like now so selling would depend on how you assess your needs and expenses

Also avoid try to monitor the price daily, this will make you sell your bitcoins at lower price now. If you decided and you really want to pursue yourself in selling your bitcoins make sure that it is not going to give you a regret when you see the price of it starts to increase because if you will have a regret, you can't recover it again at lower price.

In short, we all need to set our own targets in order to avoid any wrong moves and targets set you and your efforts in one direction. So I will also recommend all those techniques through which you can make yourself set a decent target and then work for them. This is the so far best method of earning profits with bitcoins.

[StarofBTC]

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.

You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit I’ll be getting.

Holding is good but it can go the other way too if the price of bitcoin crash in future then your holding would go in vain so the best thing would be to sell your coins when it hits your target price as getting too greedy can also have negative impact on your profits so better to sell when price goes higher and buy it back when price drops.

Very well said! I think there is always a right time to make a decision to sell the Bitcoins for everyone who owns them. I think no one will definitely want to sell the Bitcoins at less profit, I think it is you who has to decide that how much profit you want to earn from it and for how long you need to hold your Bitcoin. You can only make the correct decision.

[traccdev]

Market news shows too much positivity but less activity on instrument. That is a good indication for selling.

[ngacengan]

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 just want to invest long term so I will sell my bitcoin 5 years to come, I believe bitcoin will be more expensive.

[saeyeen]

I don't watch my portfolio all the time so I see to it that I already set sell in exchange the coin I want to sell to my price target so that if I'll be out and can't online and the coin pump it will be automatically be sold.

[Taskford]

The best time for me to sell is when there is a bull run if i will see that the price of a coin is recently touched an all time high price so i will decide to sell my coins and wait for the dump because that is my observation that if there is all time highs then there will be a dump so i will wait for it and buy back.

[noictib]

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?

Here we should use simple stretagy of  trading , Here i can explain you in a better way .
Suppose you Bought a coin at price 10 Satoshi of value 0.1btc then you should place a order of half of the whole coin at high price where you can make 0.1btc atleast and rest of them should be free in your account because that will be your profit after the increase the price of the coin .
Now here a problem of increasing price is a big factor ( if we sold at low) , we should sell in installments , i mean to sell low low amounts .
100 - 100 coins ( for example ) , so i this way we can achieve the average increase innthe price .
This is really a cool idea of selling and making more profit with safety , Here i sold my Digibyte coin at price 400 Satoshi and after that rest of them 1000 and after that rest of them 1500 and rest of them again 2200 Satoshi , so you can understand well that we should hold coins wven after the increase in the btc step by step selling .

[Shutup]

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 decide to sell wether bitcoin is in low price when in case of emergency.And if I have no cash.It depend on my needs But its better to save now because it is benificial to all bitcoiners that bitcoin really gives joy in hearts because bitcoin might make you richer of what is Im having now.

[BobBct]

It is easy if you want to sell it sell it after the dip because the price will go high so much (btw JP Morgan is the bought the dip).

[Beparanf]

It is easy if you want to sell it sell it after the dip because the price will go high so much (btw JP Morgan is the bought the dip).

That's his way, after making some FUD on it , grab the opportunity, whenever there are dips that will be a good buy since we cn really earn on it as time passed by,the longer we hold it the better.

[nightways]

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.

You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit I’ll be getting.

When the prices gets higher the average one wait for the higher records to be hit then sell this strategy will give you more profit and when the prices are low hold your coins and buy some more to save them for the coming future good time and when the time come sale the coins on higher prices and get benefits and this technical make people richer and richer.

[coin_1122]

Before investing into any crypto we have to decide at what price we have to sell and at what % of profit we have to sell. If not means we have to wait until the price of coin increase otherwise you will be in loss.

[Yukyzu]

first you have to monitor the market situation whether it will continue to rise or the price of btc will decrease, but do not be quick to believe the issue is thrown into the market, usually there are certain parties who deliberately cause panic so they get btc with cheap price.

[rakib97]

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

[Taskford]

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?

many time i confusion when i order for sell and buy. all time i follow market cap. when investor come for buy sell. other i follow different exchanger if i see other market this coin increase i wait for sell. if i coin price decrease i sell recent.

Do not follow the investors or the moves of the other people. You need to build your own strategy and build your own originality in order to make better trades in the future because if you will depend on someone or something then it will not become a great way to be a master of trading. You need to stand at your own feet.