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Author Topic: When do you know its time to sell your altcoins?  (Read 8116 times)
kilimanjaro54
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September 04, 2018, 10:53:29 PM
 #1081

I buy coins when the market is unstable and the price for coins is very low and I sell coins when the market recovers and the price grows significantly.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Xomukiw
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September 05, 2018, 09:16:58 AM
 #1082

It appears time is definitive other than how much capital you give. Since it appears that whatever you purchase in December won't be a greater esteem at the present time. Obviously the circumstance isn't in every case terrible, and on the privilege altcoin, expecting 15k of the 50k you contribute is something that can be acknowledged even into equal parts month.
Liz D
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September 05, 2018, 09:23:55 AM
 #1083

Knowing time to buy and sell is a special skill that is needed of a crypto trader. It is easy to say buy when it is low and sell when it is high but another thing is to be able to know when it is low and when it is high.
iljamlnk
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September 05, 2018, 09:28:10 AM
 #1084

I do not expect too much profit,the main thing to be in the black.And greed in this case is bad quality.
lunaelucemauram
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September 05, 2018, 09:37:29 AM
 #1085

You know that it is time to sell when the price in the market is pump. But if the price in the market is dump then you just hodl your coin and wait for the dump price.
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September 05, 2018, 09:39:33 AM
 #1086

You will know the right time to sell your assets when you monitor the market action and also update information about crypto. That way you will get a lot of information and will know whether your assets have developed or not. In addition, you will also find the right time to sell them when they have increased and made profits. Be careful when you will sell, the market can change at any time.

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Exort23
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September 05, 2018, 10:00:16 AM
 #1087

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 will sell my altcoins when i see a huge profit. If my investment comes to times 2 or times 3. It is good to sell all your altcoins. I have many altcoins now but the prices are too low to sell, so i will wait for the big pump and wait for the best. Smiley I will be patient to my profit.
mavrobot
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September 05, 2018, 10:03:45 AM
 #1088

I think the current market price is decreasing in altcoin and bitcoin assets but it's time to buy altcoin or bitcoin. When the market price is going up and the profit is already good enough for me, i will sell my altcoins.  I set an alarm at a certain price to tell me that I could sell altcoin assets.  Cool
MrKubeem
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September 05, 2018, 10:05:21 AM
 #1089

Years change, and we experience what last year did not experience, a bear market that changed many plans. Currently it is not easy to trade short-term. But if you go to a young altcoin, and are willing to pay the risk, I think 100% expect within a few months is still relevant. In my opinion, following the current price and trying to make new predictions about the new record prices according to old prices would be useful to choose a good time to sell altcoins. On the other hand, you should be very lucky to sell at the best time.
siddharthsikka
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September 05, 2018, 10:09:13 AM
 #1090

First rule of the game, don’t be too greedy. Second rule of the game, don't be too much in a haste to sell if you know what you are doing. If a crash is imminent, and you can read the charts, then you do not have to sell now and watch closely for that moment in case the bull run continues, otherwise, you have made some good profit now, so you are still good even if you sell and it keeps running still. This is a common situation where every crypto trader gets stuck at, at least once. Being new to trading, you've made a considerably decent amount of profit and you should probably sell your alts when they are still at their peeks. Set upper limits for tokens and when they hit them, sell as soon as you can knowing that it won't go up any further
neontro
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September 05, 2018, 08:02:53 PM
 #1091

Now just do not sell coins.  I wait when the market will recover and stable growth will begin. And as soon as the price increases by 50-70%, I immediately sell coins.
likketil
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September 05, 2018, 10:08:49 PM
 #1092

Dump currencies in frenzy can be the most harmful action that holders may jump into considering that this drives backers to be easy to manipulate and increases the cold feet.
Julasic
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September 06, 2018, 07:14:26 AM
 #1093

When you invest in cryptocurrency, you need to analyze how much cryptocurrency you invest in, and then decide what price you should sell at it, because the volatility of each cryptocurrency is different, so I can't Give you an accurate answer.
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September 06, 2018, 09:34:15 AM
 #1094

The best things you can do if you are into day-trading or long-term hold is to set your income/profit goals this is to avoid regrets if you sold your tokens/coin too early or late. You have to analyze the market too and if you think that you are contented in your future income after you sell it you may do so, it's a self preference.

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shtorka
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September 06, 2018, 10:54:55 AM
 #1095

I invest in the short term, I usually sell coins.  I only choose a coin that has a real product and a strong development team.
#Bentley
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September 06, 2018, 12:02:27 PM
 #1096

Now only the biggest fool can think about selling his coins. In the next few days there will be an ideal time to replenish your portfolio with very cheap coins.
Ladyechy
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September 06, 2018, 12:28:03 PM
 #1097

I personally have a strategy when I will sell my altcoin, because the current market cannot be predicted. My strategy is if the price of the altcoin that I want reaches the target, then I will rush to sell it. I will get my profit if my target is achieved.
Mr.Freeman
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September 06, 2018, 12:35:39 PM
 #1098

Given that the post was written in December 2017, then you already can now be envied. I think with this approach you now have a fortune, especially after the growth of currencies in December last year. In order to invest such funds it is necessary to have them, as well as have a stock in case everything simply collapses. but who does not risk that does not drink champagne. I can only rejoice for you, you are lucky or very smart!

V0ldemar
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September 06, 2018, 12:37:20 PM
 #1099

If the project gave away 2x , then I fixate 50% of the profit and look further at the development, if it is missing or else what problems I see, then I can sell all tokens.
ramanmart1
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September 06, 2018, 12:38:19 PM
 #1100

im feeling it you know. when i feel like im ready to sell im selling it. its simple but it works! and also im selling when coins reach price that i want.
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