When to Sell Cryptocurrency...

[RainbowCurrency]

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

[xIIImaL]

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

As you said still there are some investors who invested on bitcoin in the time of 2013 and 2014. By looking for the fast profit everyone are selling their bitcoins and altcoins which has potential for future purposes.
Tokens mentioned is not that much bigger project and which is completely related blockchain.
When the time you buy the tokens or cheap altcoins you have to read their white paper and analyze that coin reach further in future or not bro.

[RainbowCurrency]

Cheers, much appreciated!

[Cnut237]

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

Not really. This sort of thing is entirely dependent on personal preference. Some people hold and hold and hold and never sell (yet). Some people sell as soon as they have a profit. And there are plenty of people (most people I think) in between.
It's entirely up to you, and depends on whether you think the coin will continue to rise or whether you want to take some profit out

[fempat]

Much of it HSS to do with your preferences and targets. If you're dealing with potential shit coins and their value goes lower instead of higher, you will lose greatly while waiting for it to reach that high a target.
I'll suggest that you set your own targets but not unrealistically high or too low. That way you can curtail any great losses.

[cryptobobo]

That would be a long term investment and you are not sure if the coin can hit a x2 profit,i suggest you look into more valuabe coin to invest.Theres a lot of shitcoins out there that will give you a fast profit.

[Prodigan786]

I dint even dare to dream to get 50x profit but I seen some of holdings got 100x growth but I dint sell after it got reduced I sold it it for 50x . It was with only 2 of my holdings remaining all tokens still it’s 2x or more loss . So I am not sure about your statement now I am looking for recover losses.

[foggywhite007]

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.

[sofakingporkhunt]

Sell when you are at a profit and feeling euphoric, don't be greedy otherwise you will end up holding for a long time.

[Febo]

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

If you are afraid to sell to early. sell 10% and then when price doubles again 10% and when price double again 10%. This way you will fast repay your investment and never fully sell and miss the moon.


Increase 50-1000 times. LOL   Optimistic.

[cryptospear]

a profit of x2 or x3 would be good i dont expect x50 for a long term investment especially when the coin or ICO doesnt have much potential than existing coins.

[icochick]

What would be a longterm type investment?

I saw that BTC will reach $200k at some point.. why would i sell it now?

[cryptocue]

i agree with you,dont be so greedy if you want to be a successful investor or trader thats the #1 problem with most traders they are getting burned with their greediness.

[max6575]

following terms of the developer session of market attains with the table as might the use to helps on short of frames to deliver returns with the chance on displacement with the trading on exchange.

[Psynthax]

Sell when you are at a profit and feeling euphoric, don't be greedy otherwise you will end up holding for a long time.

But we can try to put the top price of the altcoin itself. I believe about to sell our coin at the peak seems to be a difficult thing. but i just try to sell them all in the green and then buy back again at the red. This time the price will be bouncing back again.

[ujjwalsethi]

It all depends on the market behaviour of the coin. If the market value of the coin is increasing on daily basis then keep that coin and if it is facing some decrements in the market value then sell that coin as early as possible because you never know when it will come down from what you purchased.

[Shishir99]

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

No this is not fair.
You can not expect that much of gain from the altcoin in current market situation.
It happens very often in market.
If you are very ambitious you should aim for maximum 5X in my opinion.

[akmittal]

Crypto currency has great potential. If you have no urgent need of money, do not sell your coins. It may grow to any extent. One thing I observed that do not buy or sell coins at once.

[coingrow]

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.

[SONG GEET]

Lol 50-10000x with crypto from the current point 

Its better to cashout when you will make quite good profit like 2x or 3x in just few months, if you will not sell crypto at peak point you might get stucked with lots of shitcoins.

Buy coins when they are undervalued, sell them on peak price during huge pump (almost every cryto have one big pump).