sonbeo2704
Newbie
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Activity: 14
Merit: 1
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January 25, 2018, 01:38:32 PM |
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When i feel profit emough with me  it depend on each another |
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barlo357
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January 25, 2018, 01:54:04 PM |
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If you earn a lot of money already sell it but not all you must hold also maybe at least 25%. Enjoy first your money and don't be so greedy money is just a money only you can earn that anytime. Always monitor in the exchange market so that you will know when you sell your altcoins when it goes down a couple of week then sell it then wait for the increase again to invest that's the game here.
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redwhite037
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January 25, 2018, 01:58:22 PM |
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I usually sell altcoin when I have a profit of 10-20%. I do not greed. I make sure everything. I do not lose money. That is my principle.
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bitcoinvamp
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January 25, 2018, 02:01:06 PM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
I don't think that there would be any specific formula for selling your coins if in profit but what i do is when i see a certain percentage up in the price of the coin then i sell it . I always consider that something is better than nothing so i am never too greedy with the profit so i just see whether i am getting a profit over my investment or not and sell accordingly . And i think you should do that to if you are in a profit you may sell them and enjoy your profit instead waiting for more and losing all. And talking about investing monthly i think that depends upon person to person so its all upto you that how much money you could afford to invest in it and how much you could you afford to loose if it drops. |
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niisarearning
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January 25, 2018, 02:18:32 PM |
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Initially I dint have idea about altcoin raise I was selling for 2c or 3x profit safer I seen some coins reached upto 1000x after selling now . Frankly I can’t even make any strategy some times I sold for good price some time I waited and the coin became disaster .
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ngerok
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January 25, 2018, 02:27:11 PM |
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I usually sell altcoin when I have a profit of 10-20%. I do not greed. I make sure everything. I do not lose money. That is my principle.
yes really once, if you already get a profit, try to sell immediately do not wait for the coin to rise again because the price fluctuation coin very fast and you can lose your profit in a moment. |
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mia khalifa
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January 25, 2018, 02:58:57 PM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
I sell the coins I have when I have gained more than at least 200% is enough and should not buy 1 coin but buy some coins that potentially have a high price increase. it is enough to take advantage. |
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skarais
Legendary
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Activity: 2464
Merit: 2094
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January 25, 2018, 03:34:00 PM |
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In daily trading planning i don't expect a momentary profit that is too big, because I plan to profit regularly though on a small scale, and I will sell it if my profit target reaches 2%, though a little profit but If done regularly would be able to generate profits which is great, and certainly requires patience in conducting a daily trading strategy that has a low profit target.
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wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
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January 25, 2018, 04:04:32 PM |
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In daily trading planning i don't expect a momentary profit that is too big, because I plan to profit regularly though on a small scale, and I will sell it if my profit target reaches 2%, though a little profit but If done regularly would be able to generate profits which is great, and certainly requires patience in conducting a daily trading strategy that has a low profit target.
Day trading with such a plans must be a good practice but it will be good as long as you are a self controlling trader and sticking within your trading plans. Otherwise, knowing a good time to sell your coins alone will be a better alternative way to stay secured with your trading career. Because, in my experience holding altcoins for infinite time period is not a good idea. We must have plans when to book profits and where to switch our capital. Only with this kind of cycling you can be secured for consistent profit making. Choosing a right coin is more important one but the most important one must be when to book profits and what will be the next best opportunity. |
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tiar4dewie
Member
Offline
Activity: 154
Merit: 10
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January 25, 2018, 04:28:30 PM |
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I prefer a consistent strategy. I mean, I rarely add my trading value until I really have more money to trade. I sell 100% of my total trades when the price goes up 2 times the purchase price and uses half of the proceeds for my needs and the rest I use trading on the other day when the price matches is to do the lowest average for one month...
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K0korap
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January 25, 2018, 04:34:41 PM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
I guess when you're satisfied of the profit that you might get though you still have the option to wait and see if a peak like what happened last year December will happen again. if that happens that that will be a very good opportunity for you to sell you BTC. I don't think that there's a formula for this just keep yourself posted about the changes that's happening in the market. |
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magicmeyk
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January 25, 2018, 04:40:51 PM |
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When I am trading, I set it for 5%-20% and just leave until I sold it with that range of profit. And when the altcoins are getting dump I put a cut loss of 10%-20% depending on the flow of the market.
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cryptocue
Member
Offline
Activity: 252
Merit: 13
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January 25, 2018, 04:42:22 PM |
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If you are a technical trader you will know when is the perfect entry and exit thru technical indicators,you can start reading at investopedia if you do not have any idea.But in general most of the people here will sell the coins when they are happy and ease to their gains and that is right you dont have to be greedy in your trades because a sure profit might turned to losses if your greediness attacks.
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cryptokudi
Member
Offline
Activity: 126
Merit: 10
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January 28, 2018, 09:20:39 AM |
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There is no specific point of buying or selling alts.
What I do > After doing much research once I decide an Alt and if I trust it, I will keep buying a portion in 10 -20 -10 -20-40 on every dip.
I always book profits in the similar pattern.
This makes sure that you are out of your investment and the final sell out will give you profits.
This does not apply for my long term goals which I lock for years.
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Tomohisa
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January 28, 2018, 09:35:58 AM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
You should be active in news channel to make sure jump out when there is some hiccup (careful for FUD). If you able to do that, just keep holding the coin till it hit your idea price. |
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andor.gellenhidi
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January 28, 2018, 09:43:19 AM |
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I think the main criterion here is only how much in the end you managed to earn on this project, that's probably all. That is, if you see that your enclosed $ 500 brought you already $ 1000, then I would certainly take it and tried the same thing in another project.
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Hemady17
Member
Offline
Activity: 505
Merit: 35
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January 28, 2018, 10:17:46 AM |
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I sell it as soon as I see that I have made 20 to 25% of profits on my investment instead of holding it too long as holding altcoins longer can be really risky and it can take away my profits if price dumps later on.
We have the same strategy in profit taking. but the only problem with this is I haven't maximize the gain. The chart usual goes up after I sell the coin. That's why I search for another strategy. I add the fibonacci retracement as another indicator for selling the coins. And the results is perfect, still polishing it by the results is consistent. |
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BaeNaNa
Full Member
Offline
Activity: 286
Merit: 100
Cryptics
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January 28, 2018, 10:31:08 AM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
I always set a target when i buy some coin, usually around 35-50% profit, then when it reaches the price i will sell half of my bag and let the rest ride the wave if the coin moon some months later. If you want to take profit everymonth then you should pick a smaller number, the last iota run is really great but i don't think you'll find another one like that so often. |
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godblessyou12
Newbie
Offline
Activity: 75
Merit: 0
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January 28, 2018, 10:32:39 AM |
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
yes you dont know when the price pump and dump but i suggest long term hold for every alt coins do u have |
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Mark-Krawed
Jr. Member
Offline
Activity: 43
Merit: 1
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January 28, 2018, 10:33:50 AM |
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each individual of us have different strategy when we sell our altcoins, but the best time to sell your altcoins if get 10% profit atleast onwards, or hold for long term.
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