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Author Topic: When do you know its time to sell your altcoins?  (Read 8116 times)
alkiw21
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July 22, 2018, 07:32:41 PM
 #661

Maybe the time to sell altcoins that I have is the best time. I mean is the time when the price of altcoins that I have increased and gives a big advantage. Maybe it can be the right time so I will get a profit.
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Narinderkaurklk
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July 22, 2018, 07:40:49 PM
 #662

It is depends on market situation but When ever my any coin reach at my desired level which i set for sell my coins then i sell out my coin and book my profit and again set a buy bid on lower level. This is my strategy to gain profit.
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July 22, 2018, 07:45:53 PM
 #663

I usually sell my alt coins when I get the feeling the market is topping out.  In the past I have moved it to Bitcoin however I may attempted to utilize Tether if we have another huge pump that needs to cool off a bit before it can run again.  Not 100% sure on Tether though. 
Topmenx7x
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July 22, 2018, 07:54:28 PM
 #664

It is very easy to know when i'm sell my altcoin . if i'm buy $2 par coin and when it is reach $3 i'm sell on that time.

Naturally, many people come to the real estate sphere for profit. And this circumstance is greatly facilitated by the fact that Bitcoin continues to grow for 9 consecutive years. And this is despite the high volatility, when the asset can fall in its price by more than 50-60% per month. If you review the schedule of the course in recent years, then make sure that even after a strong fall historically this coin has always been restored in its value
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July 23, 2018, 06:27:28 AM
 #665

I believe this is  a common situation when every crypto trader gets stuck at, at least once. That's actually the main challenge in the cryptocurrency world. I prefer to sell my altcoins when they are still at their peeks.
Helen Jessica
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July 23, 2018, 06:29:01 AM
 #666

I sell off when the value rises. At the beginning of a spike , I can pull out regardless of possible future rise.
If it's a stable coin with organic growth, u just sell of at a predetermined profit limit. I can sell off and buy back at a lower price(if possible).
In case of value drop, I just hold off for as long as necessary, if the coin is dead to my judgement, I cut my losses.
crypto_lisbao
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July 23, 2018, 06:30:07 AM
 #667

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.

To lower a risk I would also offer you to diversify your portfolio by invest to different tokens. For crypto investors there is an interesting tool where they can invest into funds (consisted of p2p loans) while market is down and get 8-30 yearly returns. If you are interested you can search for Welltrado.
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July 23, 2018, 06:42:37 AM
 #668

I sell my coins depending on the situation. If I need money urgently then I sell my tokens at once, if I can allow my self to wait, then I prefer to hokd them until their prices increase.
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July 23, 2018, 06:55:48 AM
 #669

You have earned 100000 dollars in investment income, my God, this is a very large income. In only a month, you get the income that I need to work for several years.

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July 23, 2018, 07:53:16 AM
 #670

By actively monitoring the information available in the market. Continue to keep altcoin from selling at a low price, then wait for the market to return at its high price. So that was the right time for me to sell my altcoin, and I would also earn a good profit.
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July 23, 2018, 08:01:51 AM
 #671

First for me it was really hard without any experience, but now I am able to study the market, research trends and patterns, look for news and big events in crypto worldwide. On top of that, recently I've found a platform, which I believe is gonna make it all more convenient and quicker - Cryptics. The guys out there are doing AI forecasting, trading engine and other cool stuff. From time to time I tend to look at forecasts, and their accuracy pretty impresses me! I'm counting in this service very much, hope it's gonna get better and better with the flow of time
Douglasyukanov
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July 23, 2018, 08:04:48 AM
 #672

I do not have a specific strategy in handling this cryptocurrency but I use the basic principles of trading, buy with cheap prices and sell expensive.
I usually sell my altcoin assets when it reaches 200% profit or more, even though it takes more time and patience .
Kimbohh
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July 23, 2018, 08:07:18 AM
 #673

It is when i see the market cap that the coin i am hodling has getting high and which i think it is profitable to sell with. Most of the time altcoins really dip too much in the market but there is only one that i invested for a long period of time wherein i see the future of this coin due to unstoppable prices when it rise.
Violettochka
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July 23, 2018, 08:17:51 AM
 #674

I have no strategy for selling altcoins. I sell some altcoins with an increase in prices of 10-20%, and others keep until the price grows in 2x-5x.

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July 23, 2018, 08:43:21 AM
 #675

Usually I understand that it's time to sell altcoyins when I get roughly the planned profit. Sometimes you have to sell just to avoid big losses. Unfortunately, there is no universal recipe.
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July 23, 2018, 11:01:23 AM
Last edit: August 04, 2018, 12:25:50 PM by dress
 #676

First for me it was really hard without any experience, but now I am able to study the market, research trends and patterns, look for news and big events in crypto worldwide. On top of that, recently I've found a platform, which I believe is gonna make it all more convenient and quicker - Cryptics. The guys out there are doing AI forecasting, trading engine and other cool stuff. From time to time I tend to look at forecasts, and their accuracy pretty impresses me! I'm counting in this service very much, hope it's gonna get better and better with the flow of time

Nobody has a secret formula for that. Each trader works out his own strategy relying on his experience. But in general I can say that patience is the key in any strategy of a trader.
xamil
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July 23, 2018, 11:05:04 AM
 #677

I definitely check if the altcoin that i have is available and has its value before i decide to sell it. If the price for me is enough then i sell my altcoin, but if I am not satisfied then i just hold my altcoin and wait until the good or the bull market.
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July 23, 2018, 11:30:45 AM
 #678

i think it is depend on own opinion and before invest for a coin you should have research about coin future(project,whitepaper,roadmap,ETC) from thees you can get better idea about coin future ,so you can decide when you sell your coin after getting thees ideas...my advice is don't sell anything in loss and don't buy anything without researching Smiley Smiley Wink Wink Wink

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July 23, 2018, 11:33:13 AM
 #679

It is very easy to know when i'm sell my altcoin . if i'm buy $2 par coin and when it is reach $3 i'm sell on that time.
very simple. for example buying for $ 2, then the price goes up to $ 3, then it is right for sale. I will also do the same. even when prices are only up 50%.
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July 23, 2018, 11:37:10 AM
 #680

It is depends on your target when you bought the token. If the time frame is rather fast i won't set the target too high maybe about 30 or 40 % but for long term coin i will set the target several times from the price right now. If the price reach that target i will sell it and i won't regret even if the price go higher.

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