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Author Topic: When to Sell Cryptocurrency...  (Read 1078 times)
withche.07
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December 09, 2017, 03:33:14 PM
 #41

I wish it was that easy but no. There are some coins in the market that stay on low prices for many many months even years. Its very hard to find sell points. But in general you should think yourself. If profit is satisfying you can leave.

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jakaKak
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December 09, 2017, 03:39:58 PM
 #42

That's the question everyone would like to have an answer to. I am afraid lots of us are to connected to crypto to sell tokens at all. I believe they will keep rising.

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December 09, 2017, 05:15:21 PM
 #43

When you invest in something you must set some goals in mind. If you reach them then decide to carry on holding for example because you think you should change your goals then so be it ... We probably all set goals but like everything in life, we frequently have to adapt and change. Only you know when you are happy to cash out
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December 09, 2017, 05:16:07 PM
 #44

I wish it was that easy but no. There are some coins in the market that stay on low prices for many many months even years. Its very hard to find sell points. But in general you should think yourself. If profit is satisfying you can leave.

Try to sell your tokens at their ath prices so that you can maximize your profits. This is the best way of selling them. Some people sell them during dumps and crashes, which is very wrong.
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December 09, 2017, 05:22:21 PM
 #45

This condition will only hold if you are willing to leave your investment for so many years.
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December 09, 2017, 05:24:59 PM
 #46

Hi there!

I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.

In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).

Would you say this is fair?

Thanks in advance for your comments! :-)

Michael

It's a bit fabulous growths. This rarely happens. Unless you want to keep the coins for 10 years.
Many smart investors are buying the coin he shoots at them gives you 50% they sell it and go to another, and don't put your money in a few years it is not clear whether you get your at least X10..

I now decided for myself that I will sell from X3 to X10, and to go to other projects.

Consider that the projects that did not make x3-10 is getting smaller. Most likely you will enter the project, which someone already did x3-10  Cheesy
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December 09, 2017, 05:28:15 PM
 #47

Long term investments is the best choice if you have enought money to live and patient.
But some guys dont have that much time.I personally like fast investments, with a profit of 2x-5x-10x
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December 10, 2017, 04:27:51 AM
 #48

It's possible to happened if we just have a patient in waiting for a long time, and it's fair. There is no problem in holding any token. It's a matter of investing, and need more patient. In a business world we need to be wise enough if we want to earn more. It's fair because it's the prices that changing, it's normal in Cryptocurrency.
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December 10, 2017, 04:35:31 AM
 #49

You sell when you are content with the amount of profit you can take. This will immediately tell you if you're better off holding and going for the bigger money or if you can daytrade.

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December 10, 2017, 04:48:24 AM
 #50

Hi there!

I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.

In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).

Would you say this is fair?

Thanks in advance for your comments! :-)

Michael

I think that is a very high target, unless you dare keep it for a long time, maybe you will get more profit 10x - 20x.

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December 10, 2017, 05:57:22 AM
 #51

Hi there!

I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.

In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).

Would you say this is fair?

Thanks in advance for your comments! :-)

Michael

I think that is a very high target, unless you dare keep it for a long time, maybe you will get more profit 10x - 20x.


I guess if he can wait for a long time then I will say this is fair. but like above said, it is a very high target because not all people can wait until the price reach that price and they prefer to reach little profit but it is over and over than just reach profit but they need to wait for a long time. but if he decides that he is fine to do that, then he can buy right now and just save the coins and wait until the price increase.

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December 10, 2017, 06:06:15 AM
 #52

When the particular project in which you have invested your money have completed it's road map and it's price is at the peak than it's the correct time to sell.
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December 10, 2017, 06:07:08 AM
 #53

Choose the right time to sell is really hard in crypto currency. As you know, some big coins like bitcoin, Neo ,Eth need 1-2 weeks to get real price push up and you need to patient in these week to choose the right moment to sell. With small altcoins, take profit when ever its rise because that just a bump game from whale.
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December 10, 2017, 06:15:03 AM
 #54

I am a complete fail when it comes to predicting when to sell cryptos. I should have sold some last July and if I had I would be retired now. I am thinking now to wait another year and see how things pan  out for my semi retirement plan. It all depends also what your exit plan is and how much you need to make a big difference in your life and the lives of your family and friends. Just work out an exit strategy, although I am going to remain in cryptos for as long as I and they exist, just will work less hours lol, if I reach my target.


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December 10, 2017, 06:18:28 AM
 #55

At first you need to calculate your altcoin, How many price you buy altcoin and when you see your buy price is cross and you see some profit got your balance . It is time to sell your Crypto currency when you see your altcoin price is grow.
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December 12, 2017, 12:10:12 PM
 #56

Hi there!

I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.

In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).

Would you say this is fair?

Thanks in advance for your comments! :-)

Michael

You are a great optimist! A very rare person can be so much lucky to get this profit. The rule for selling altcoins is simple — just sell alts on their highest rates and buy coins when they are down.
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December 12, 2017, 12:46:10 PM
 #57

I can suggest you look into more valuabe coin to invest.Theres a lot of shitcoins out there that will give you a fast profit. I found an interesting project recently but Im in doubt. Mytimecoin, its like casback by coins for watching or using information from partners of it. Have anyone heard about it?
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December 12, 2017, 12:59:33 PM
 #58

everyone himself determines for himself the squalor of the profits he wants to receive, not less than 100% of course Smiley
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December 13, 2017, 10:04:06 AM
 #59

Apparently, I am such an investor who bought coins for a long time.  It just happened that at the moment almost all the coins that I bought in the summer now are cheaper than when I bought them, if you look at the ratio of altcoin- bitcoin. I do not sell anything, I'm just waiting! Wink

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December 13, 2017, 10:42:03 AM
 #60

Hi there!

I recently learned that, ideally, you should only sell cryptocurrency once its value has increased by a factor of 50-1000.

In other words, if I buy $100 worth of TWINKLES (as an investment), I should only consider selling once they're worth $5000-$100000 (50-1000 times the original investment).

Would you say this is fair?

Thanks in advance for your comments! :-)

Michael

Hi man, if you sell it when price increased by 50-1000, then you must have a strong mentality. Crypto price sometimes unpredictable, even you already using many indicator (MACD, RSI, CCI).

Many people do not understand this that exiting from a trade is as much important as entering the trade. To do this correctly and make money in crypto or as a matter of fact in any kind of market, you need to understand how market cycles work. A simple google search for wall street market cycle chart should give you a good idea about it.

hi man, i just try your suggestion to search "wall street market cycle" and it awesome man! i found this infographic: https://id.pinterest.com/pin/307652218273705846/?lp=true as a newbie trader, it's very helpful

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