Karen23 (OP)
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September 08, 2017, 11:00:05 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
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pigheadbig
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September 08, 2017, 11:11:54 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
Before you trade, you should know why you it is worth to invest, then you should keep close look at the development and update, finally, you will know when to sell.
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coinfinder000
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Swipe
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September 08, 2017, 11:25:21 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
Don't be greedy when you are trading . If the profit is enough , then sell it . Don't wait for bigger profit , or you will loose your profit.That's my rule for invest. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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veraoktav127
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September 08, 2017, 11:26:37 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
You should continue to monitor market, If the price is good option to release is better
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Jackling
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September 08, 2017, 11:32:25 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
depends the trend and coin.im not really into day trading but if i see price rasing i just join and let go after profit %1.5 to %5
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maokoto
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September 08, 2017, 11:35:47 AM |
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It depends on the evolution of the coin, but if I buy some just with the intention of selling it higher... I will hold about a month and a half or so.
If the coin is clearly going down at the speed of light I will sell sooner and try to rebuy lower.
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Poink
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September 08, 2017, 11:43:17 AM |
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First, research then buy coins you believe will make money (good developers, good project, have application, etc.). You then don't have to worry when to dump rather just wait for it to grow.
In between, you take advantage of the crests and dips (high and low) and TRADE a PORTION (I do about 25%) during those times. You just sell high then buy again low. Keeping & growing the money for that coin which in effect increases your coin count if done right.
I usually trade when it rises x% and re-buy when it dips y%.
If things change (or learn something new) making the coin less ideal, then sell and re-invest to a new coin. This happens a lot to me and the coins in my holding changed many times. It is a continuous process.
Good luck!
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europesss
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September 08, 2017, 11:46:03 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
It's up to the potential of the coin . If it has a big potential , I will hold it for long term , like several years. Otherwise I sell it for quick money as soon as it give me a 2X or more profit.
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aoluain
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September 08, 2017, 11:46:39 AM |
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If you are day trading etc. there is no rule as to how long you are willing to hold coins. It all depends on your buy price and how quickly the price of that coin raises to your sell limit.
Coins have been bought at a high price before they dropped massively in value so you may end up holding coins for months while you wait for the price to rise, so you really have to know when to buy!!
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susila_bai
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September 08, 2017, 11:49:21 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
It is upto the holder to which extent he wanted the profit and how much value the coin project is. Because some coin projects are very longterm so they have to be holded for long if you want high returns if not 2 or 3x is always possible on almost all coins.
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GazorpPozorpec
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September 08, 2017, 11:54:47 AM |
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It all depends on how you trade, what trading strategy you adhere to, what kind of coin you are trading from the market and so on... But personally I'm trying to sell for x3 or more altcoins increasing the number of its Bitcoin and Ethereum.
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Zogrd
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September 08, 2017, 11:56:51 AM |
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First shortterm, now longer (1-2 years).
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minbosen
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September 08, 2017, 11:58:38 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
Don't be greedy when you are trading . If the profit is enough , then sell it . Don't wait for bigger profit , or you will loose your profit.That's my rule for invest. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, you are completly right, the bancor is a big lesson, I had 50% profit but I chose to hold it, now the price is below the ICO price, a sad story.
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alyssa85
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September 08, 2017, 11:59:32 AM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
I set percentage targets, and start selling in stages once there is a 10% rise. So I'll sell a portion at a 10% rise, I'll sell another portion at a 15% rise and so on. Alts are very volatile and it's hard to know when a pump will end, so if you have profits, take some of them.
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vsrsatish
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September 08, 2017, 12:05:34 PM |
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I will hold coins till they reach their recent high, if they cross their recent high and still moving up then i will buy again and wait for new highs. If i invest in coins, i will hold them till they reach the level where i can change my lifestyle or till i become super rich. I will suggest you to invest in altcoins and leave them for 1 to 3 years, you will get super profits.
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kolap
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September 08, 2017, 12:08:50 PM |
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Coin/token like Ark I will continue to hold forever.
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Sync485
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September 08, 2017, 12:14:06 PM |
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i divided my money to two parts. one part of money stays at my long term bag. possibly 1,5-2 years. and with other part i do trade and selling when i got %5-%10 profit.
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The_Selected_Few
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September 08, 2017, 12:16:20 PM |
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As long as possible as most rise in value
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noictib
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September 08, 2017, 12:20:05 PM |
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Hi guys! if you trade, how long do you hold your coins?. How would you know if you have to let go or sell you coins or still have to keep it?.
Here in this field if you want to make money by trading then you don't need to wait for time , I means to say that there is no limit to hold the coins if you want make profit . Suppose you bought any coin say A then you need to wait to sell this coin until its price increase but here nothing is sure that when the price will increase fastly because here all things depends upon the demand only and popularity of the coin that can take 5-6 months also. Here in my whole life trading i waited for most 3+ month only , so probably you can expect maximum of 6 month to increase the price of any coin . And also trading is a job of patience also because if you can wait with patience then you can make money otherwise if you will get fear to loss money then you will surely loss because of sell .
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Red-Apple
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September 08, 2017, 12:42:51 PM |
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as long as it is necessary and not a second longer.
some coins are never worth holding on to, they perform very well for about a day or two and then it is all downhill from there! obviously you should never hold these coins for more than a day or two.
but some coins are more solid. like XMR and LTC. they rise slowly and remain high after their rise ended and the correction occurred. if you hold these coins for longer you won't regret it. although you should make sure not to buy on top and then hold!
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