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Author Topic: How to know when to sell?  (Read 3954 times)
novocaine
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April 17, 2018, 09:11:36 PM
 #501

I know when is the right time to sell the coins you have when I already get more than 100-150% profit, but I rarely sell the coins I have because I want to play long term.

You should really look at the market when the number of traffickers selling their Bitcoin is owned is when you should sell it. Do not try to keep it as high as possible, do not let greed make you change your mind.
julzcoinbit
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April 17, 2018, 09:41:23 PM
 #502

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Actually its really hard to predict here in crypto currency when our token or coins will rise its value,  In fact that is why its very interesting. You may set your designated price of your coin that you had invested and you must keep monitoring of it, so that you will get the right timing of selling.
Cyanics
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April 17, 2018, 11:31:24 PM
 #503

Consult with an investment and bitc expert and act accordingly as I do because I am still a novice
Shinvenice
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April 18, 2018, 05:02:42 AM
 #504

You should always monitor price in the market. Buying when the price drop and hold when its not moving up then sell if the price increase with higher price than how much you buy. You should be aware on what is happening in the market so you will not loss your income.
fia_naila
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April 18, 2018, 05:45:52 AM
 #505

You can hold any coin even it ia shit coin when the marketcap grow up like last year. Fresh money flow in to the market and you need to seel it when its peak. What is the sign of peak ? Usualy peak sign is when coin going really high in just one day it is create fomo and created selling volume from old holder.

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vmklq
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April 18, 2018, 06:00:23 AM
 #506

When you buy this currency at a price, we cannot sell it at the price you purchased. Investment requires patience, and we wait for the rise to consider selling.
btcformula
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April 18, 2018, 06:35:01 AM
 #507

from long tram i can say wait for new ath or crossing previous all time high of coin. always keep on eye volume it tells many things
quuyt4
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April 18, 2018, 06:56:28 AM
 #508

No one knows when Bitcoin prices will rise or fall. What we can do is wait. When you think there is a rise before the price comparison, you may consider selling your Bitcoin.
NIEX_88
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April 18, 2018, 08:01:39 AM
 #509

Actually easy way to know when we should sell the coin we buy, when you think the profit is sufficient then that's the right time to sell it. In addition we should often read and be active in discussion forums such as bitcoin discussion, trading discussion, or it could be in local boards. From there we can get knowledge about how to be a good trader and also about the news about bitcoin and altcoin, so we can better know when we should buy and sell our coin so as not to cutloss and always profit.

shkon5
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April 18, 2018, 08:05:52 AM
 #510

We don’t know when to sell specific products, but we need to pay close attention to the latest currency news. When prices have risen, we can sell them, but during this time, I think it is better not to sell them for the time being.
BooMoon
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April 18, 2018, 08:08:18 AM
 #511

First of all, you should always pay attention to market trends, and there are some international news that if there are some negative news about cryptocurrencies internationally, then all cryptocurrency prices will be affected, then you can choose to sell.
SchiefelbeinBTC
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April 19, 2018, 11:28:29 AM
 #512

Consult with an investment and bitc expert and act accordingly as I do because I am still a novice
swetka
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April 19, 2018, 11:34:37 AM
 #513

First of all, you should always pay attention to market trends, and there are some international news that if there are some negative news about cryptocurrencies internationally, then all cryptocurrency prices will be affected, then you can choose to sell.
I think that the question itself is similar, because people earn Bitcoin just because it is a good opportunity to improve their financial condition. If we have earned a crypto currency or bitcoin, then sell it when you need money.
Redhead5
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April 19, 2018, 01:15:15 PM
 #514

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Actually its really hard to predict here in crypto currency when our token or coins will rise its value,  In fact that is why its very interesting. You may set your designated price of your coin that you had invested and you must keep monitoring of it, so that you will get the right timing of selling.

Agreed in your opinion. We need to monitor the market condition prior to decide to sell our coins to get enough profit from it. Because this crytocurrency market are very volatile and unpredictable in behavior. To be vigilant always in market condition will might lead us the perfect timing of selling and probably getting higher profit as well.
tooiu3
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April 19, 2018, 01:30:16 PM
 #515

The best time to sell should no one know. But as investors, I think the most important thing is to be patient. We should learn to wait and wait for the price to rise.
Charity07
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April 19, 2018, 01:32:34 PM
 #516

 Sell when you have profit already dont be too greedy for it might slip away.. Hold when you think your asset have big potential..im not a good trader i just follow my own stinct and believe on my own skills too.. I have learn a lot from here by reading others opinion ad strategy.. I apply it myself and work out fine.
Adrin
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April 19, 2018, 02:24:49 PM
 #517

Well, I see you want to know that when perfect time to sell but it is totally depend on you because how many price and when you buy your altcoin. It is a another solution if you see market is growing faster pump so just wait and check your profit if you have a some profit you can sell this time very easily because without profit if you sell your money will be lose.
noah tall
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April 20, 2018, 12:32:41 PM
 #518

Easy. If you need to sell to pay something you sell, if you need to sell because you have debt you sell. If you need urgent money than you can sell but otherwise there is no point of selling at all. Just keep it and hoard it and save it for the future until you may need it. Its never too late to sell, always postpone selling as further down the road as you can.


Arroware
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April 20, 2018, 12:37:16 PM
 #519

my opinion if bitcoin price with high value better we can sell it now, because better profit in a short time, and you can hold long term for us which is very good with bigger profit.
GreatArkansas
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April 20, 2018, 12:51:52 PM
 #520

That's what actually makes trading very interesting and profitable for some people. No one knows with 100% guarantee exactly when BTC's price will rise or crash. You make profit by thinking about the price possibilities and reducing your risks.
Agree on this. There is no 100% guarantee on every trade we do, trading is very risky. You may lost your hard earned money in just a second. My suggestion is better to hold for long term position. Just keep hoarding, because in hoarding, you may earn so big in just a short period of time.

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