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Author Topic: How do you decide when it's time to sell?  (Read 14295 times)
SirLancelot
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November 30, 2017, 11:06:42 AM
 #461

Every holder can decide if they want to sell or not. its up to them i am not a holder of bitcoin if i have bitcoin athen i need  money i sell it to cash it out i didn't wait the bitcoin rising if i have a chance to sell it i will.
This decision of selling the bitcoins entirely relies on the person who is having bitcoin in his wallet. There is no hard and fast rule which need to be followed while making this decision. I myself do sell my bitcoins most of the time but I do not go for selling my bitcoins at lower rates. I only sell my bitcoins when I am getting some good amount of profit which I actually want to earn.

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November 30, 2017, 11:18:12 AM
 #462

Before trading, I will research and set an own target price to buy and sell. This will help you very much if the price fluctuates, you wont panic sell or panic buy

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Topaz72
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December 02, 2017, 02:47:59 PM
 #463

It is all about the day how the trend is I check the news weather there will be panic in the market will raise.
it’s very important to know about price first because price really matter here if you don’t know about the price so you can’t do any trade or investment here because bitcoin change its price fast from low to high so if you have bitcoin and you keep them on hold so then you have to wait for right time when the price go high then you can sell your bitcoin and can take your profit and that’s what I’m going to do here from a long time.
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December 02, 2017, 03:45:13 PM
 #464

I often set an prior interest rate target. To give the right number, I must research the market, the history of the coin carefully and this is so difficult



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December 02, 2017, 04:14:03 PM
 #465

Depends on your target profit. When you trade it is better to set a target profit and a stop loss. In deciding when to sell is very difficult specially when you see it is increasing in just a seconds. But you have to control your greed. Charts is very helpful to know when to sell.

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December 02, 2017, 04:35:11 PM
 #466

Well its easy to decide when to sell specially when you already master the art of trading it won't matter to you if incase the coin you bought doubled and you sell yours half because you already set it with that price and you think that price is already good enough and can make you happy. No matter how small your profit that is still a profit.

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December 02, 2017, 04:41:25 PM
 #467

I like to use a strategy that I dubbed "the second confirmation of wow!!" Which means after my holding pop once, I hold back from selling until it pop a second time. I must say with all honesty that it has been working for me so far!! Grin
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December 03, 2017, 06:38:06 AM
 #468

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 will monitor the coin charts, when the price has increased, I will sell the coins according to the price of the chart in the market.

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December 03, 2017, 06:51:56 AM
 #469

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 will monitor the coin charts, when the price has increased, I will sell the coins according to the price of the chart in the market.

Me too, I often monitor the price chart especially when the price of the coin I own is rising then I will not set my coins according to how much the price is. The key in this thing is just you must not be lazy to always visit the chart since the price is not always increasing and no one knows what time will it increase.

Another thing I do if I have no time to monitor the price and busy in something else then at the same time the price is low, I just set my coin in the exchanger then just wait for whoever buy it. Of course I set the coin in the price I want to sell it.

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December 03, 2017, 07:17:23 AM
 #470

I decided to sell my bitcoin if the price is rising,and I will buy bitcoin if this price is decreasing that is the good way to buy bitcoin,I always monitor the prices of other coin not to bitcoin only.
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December 03, 2017, 08:05:46 AM
 #471

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?

If we have strategy that has been tried for long time men that strategy is qualified. Just follow the rule and disciplin. If we have small target in strategy so dont be regret. Just do it continuously.

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December 03, 2017, 08:20:54 AM
 #472

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 gaining small profit in many time, i do not like make big profit only in one time.
i will not regret if i sell it earlier then only get small profit since i must discipline with my strategy.

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December 03, 2017, 09:18:37 AM
 #473

If you feel profitable, go sell. Trading isn't that easy, you must be patient to do that. It is not just you've already profit for 10%, then you'll sell. Take note, there's always a golden rule in trading. Patience is a must. And play safe, make sure to roll your profit not your capital.
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December 03, 2017, 01:56:02 PM
 #474

I would say it's situational and logical decision to sell Bitcoins at any given point.

Nobody wants to have a loss on their investment, so wait until you achieve a handful of profit to your investment and analyse the trend closely before selling, sometimes your profit might be higher than expected.

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December 03, 2017, 02:59:26 PM
 #475

If what you say happens is already a trader risk, maybe if it happened to me, I would look for another coin because if I insist on buying maybe not profit. I only take profit if the price is higher than what I bought, if I set up too high while the price is still higher then I will sell it even though only making a small profit.

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December 03, 2017, 05:13:41 PM
 #476

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?
First look at the prize of coin ita prize is getting high . But if it's low don't sell your coin just wait until the price will getting high .
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December 04, 2017, 06:09:06 AM
 #477

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 believe we can't pick the best order points all the time. And there is no exact right time to sell. It's totally up to your buying costs. If you bought the coin for cheap price, then it wouldn't be hard to sell it to realize your profits.
Yes it is you would not let to sell youre coin on the price that you wouldn't expected so as you buy it in the price that you have bought. As much as possible you will sell it in the highest price but sometimes unfortunately you can sell it for your second choice price.
Yes, the crypto market is very much unstable and we are not always successful in making our desired profits. You should have at least 2 price choices at which you can sell off you coins. Sell off your coins at your targeted price. I am never disappointed with bitcoins since they always dump hard.
Setting the ranges of selling point is good strategy. I dont usually look on exchanges everyday ,sometimes twice or thrice only. When I said that this lt when reached such a mount maybe like x5 of it's value when I have,I can sell it already.
That is the key and right discipline for us to sell on a right time because we have a range of selling point and that will become the right time for us to sell so even the price will go up higher than your selling point then it is still a good decision to sell at your selling point because it is a less risk decision but it gives you profit which is what you need in trading or investing.
On the off chance that it is about train at that point right. Teach is something which can give you 100% beyond any doubt objective. On the off chance that you are having great choice and principles then you will be achievement in the event that you are not having great choice and standards then you will be dependably flounder. Train assume imperative part in venture on the off chance that you are having discipline then you will have brilliant future.
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December 06, 2017, 08:22:27 AM
 #478

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 believe we can't pick the best order points all the time. And there is no exact right time to sell. It's totally up to your buying costs. If you bought the coin for cheap price, then it wouldn't be hard to sell it to realize your profits.
Yes it is you would not let to sell youre coin on the price that you wouldn't expected so as you buy it in the price that you have bought. As much as possible you will sell it in the highest price but sometimes unfortunately you can sell it for your second choice price.
Yes, the crypto market is very much unstable and we are not always successful in making our desired profits. You should have at least 2 price choices at which you can sell off you coins. Sell off your coins at your targeted price. I am never disappointed with bitcoins since they always dump hard.
Setting the ranges of selling point is good strategy. I dont usually look on exchanges everyday ,sometimes twice or thrice only. When I said that this lt when reached such a mount maybe like x5 of it's value when I have,I can sell it already.
That is the key and right discipline for us to sell on a right time because we have a range of selling point and that will become the right time for us to sell so even the price will go up higher than your selling point then it is still a good decision to sell at your selling point because it is a less risk decision but it gives you profit which is what you need in trading or investing.
On the off chance that it is about train at that point right. Teach is something which can give you 100% beyond any doubt objective. On the off chance that you are having great choice and principles then you will be achievement in the event that you are not having great choice and standards then you will be dependably flounder. Train assume imperative part in venture on the off chance that you are having discipline then you will have brilliant future.
Obviously if you are not in need of money on emergency basis and want some good profit from your coin, no need to take it out of your wallet when the prices are low rather wait till the coin recovers its high prices and give its investors good chance of earning good profit.

Holding is very nice and productive if the coin you are dealing with is bitcoin, otherwise it is sometimes worth getting rid of dumping coin of it is altcoin.

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December 06, 2017, 08:48:22 AM
 #479

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?
First look at the prize of coin ita prize is getting high . But if it's low don't sell your coin just wait until the price will getting high .
Just simply decide to sell when your hodling is already in profit. Ofcourse all of us in trading aiming to earn profit, when you think the coins you have bought is in profit dont have a doubt to sell it. In trading it is a matter of risks and dont disappoint when price climbs that you already sell because you have the profit already.

       
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December 06, 2017, 09:33:41 AM
 #480

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?
First look at the prize of coin ita prize is getting high . But if it's low don't sell your coin just wait until the price will getting high .
Just simply decide to sell when your hodling is already in profit. Ofcourse all of us in trading aiming to earn profit, when you think the coins you have bought is in profit dont have a doubt to sell it. In trading it is a matter of risks and dont disappoint when price climbs that you already sell because you have the profit already.
Setting a specific amount which we consider a target selling price could help us decide timely, I know we want more money but we do not control the movement of the market, we might see a profit now but it could be gone tomorrow. Never get too greedy because if you have that kind of attitude, you will never get contented and you will never gonna sell at the right timing.

YAMZU

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