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Author Topic: When do you know its time to sell your altcoins?  (Read 7902 times)
Garryk
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October 01, 2018, 05:11:15 PM
 #1301

I sell altcoins when growth goes from 2 months or more. Then it is best to sell because after such a long growth usually follows a strong drop in the entire market as it was before

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October 01, 2018, 05:37:43 PM
 #1302

Indeed, the current market is difficult to predict, I think, don't be too hasty to sell your coins if you know what you are doing. If the accident is imminent, and you can read the graph, then you don't have to sell now and pay attention until the market returns high
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October 02, 2018, 09:07:36 PM
 #1303

I plan to sell the coin at certain price levels, as soon as the coin reaches the price planned, I'll sell a piece or all of the coins.
For me too, each coin has a target price, and as soon as the coin reaches this price, I will sell. I am getting bored of this bearish market and waiting for the opportunity to sell my coins and forget I ever was in this mess of the cryptomarket.
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October 02, 2018, 09:13:49 PM
 #1304

I am actually not a greedy type so once I make at least 20% profit on any altcoin am holding, I just decide to sell 70% of the coin and keep 30% as my investment for future if the coin have potential to grow.

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October 02, 2018, 09:17:40 PM
 #1305

Numbers don't lie! I take profit as soon as I see them unless of course if I am hoping for bigger profit would be the only time I will  wait and postpone  profit taking. I set profit target before entry and that give clear view of things!
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October 02, 2018, 09:22:38 PM
 #1306

first  of   all   i  check  my  coins stability and i check its growth and how further its growth can grow..

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October 02, 2018, 11:14:45 PM
 #1307

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.

We shouldnt be greedy. For me i dont know when i need to sell my coins. Because i love huge dollar amount. and during pumps i dont want to sell my coins.
and after people dumped that coins i feel really big regret about my wrong decisions. so the best way we need to create a target point for our porfolio for example 100 k dollar. and we need to sell when we hit 100k dollar.
with that way we can prevent loosing too much money.

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October 03, 2018, 09:09:06 AM
 #1308

Yes I know this time. It will be right after rise from the current price of small coins by 100 times. Here then I will also sell the coins but not now
Not every coin is able to grow 100 times in price. We need to be realistic. I know that cryptocurrency is just a code, zeroes and ones, but we cannot expect such price growth.
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October 03, 2018, 09:16:48 AM
 #1309

In fact, I do not trade at this level, just if I see that the coin has risen to the price I need, then I sell it, without any illusions, will it grow further or not ...

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October 03, 2018, 09:20:11 AM
 #1310

I just try to always analyze market events and new introductions. Always read the forum and news. I follow the life of coins of interest to me. And only then I know I calculate my time.
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October 03, 2018, 12:41:05 PM
 #1311

I put the sale zone at the beginning, before opening a position. Why think further, because you have a clear strategy, at what price you should sell.
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October 03, 2018, 12:46:18 PM
 #1312

Now it is very difficult to make forecasts and know exactly when to sell. I always focus on the situation. If I see that the market is gaining momentum for growth, then I wait until it grows. If I do not see prospects, then I sell to buy something more valuable.
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October 03, 2018, 12:59:17 PM
 #1313

Even if the alts go nearly 0 I still wouldn't sell them only if the price would be bigger than it was when I invested. Then it is the right time to sell.
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October 03, 2018, 01:19:51 PM
 #1314

For me there is no specific framework that tells me when I have to sell my coins. I do not try to get exactly 10 times more or 5 times more. It all depends on the general mood in the market. Sometimes a profit of 20-30 percent is sufficient to close an order.
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October 03, 2018, 08:36:13 PM
 #1315

The best time to sell coins is certainly when the crypto market is at a high point with a stable condition and continues to provide a positive direction. To be able to find out about the situation, we must be able to actively monitor market movements. For the time being it is not yet the right time, because the market is at a low point.
You're right. I agree. We need to be vigilant and patient for the market to rebound and give us high ROI. I hope it will happen within a couple of years, otherwise it is damn boring.
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October 03, 2018, 08:40:03 PM
 #1316

And what is there to know? If you bought a token, and it has grown 10 times then you can sell. Of course, if you don’t have enough of such a profit, then you can hold it for another couple of years. But the main thing is to withstand such falls as now.

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October 03, 2018, 08:42:14 PM
 #1317

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.
if you are a crypto trader, you will choose to sell coins when you make a profit, not think about whether the coin will rise again, because a trader seeks profit in the shortest possible time, and that's what I do

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October 03, 2018, 08:42:46 PM
 #1318

The best time to sell coins is certainly when the crypto market is at a high point with a stable condition and continues to provide a positive direction. To be able to find out about the situation, we must be able to actively monitor market movements. For the time being it is not yet the right time, because the market is at a low point.
You're right. I agree. We need to be vigilant and patient for the market to rebound and give us high ROI. I hope it will happen within a couple of years, otherwise it is damn boring.
It seems to me that in the near future we will be able to see market destabilization, and a loss of confidence in cryptocurrency. Many users of cryptocurrency want to see the real results of their investments, and not the investment of their funds and losses alone.
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October 07, 2018, 11:19:24 AM
 #1319

You know, I used to think that in a certain fall, I would sell everything, but now, looking back, I realize that the whales killed any fear in me. I think I will never sell cryptocurrency) 

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October 07, 2018, 11:48:23 AM
 #1320

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'm not a hodler, so I usually sell when I get around 10% or even less. I have a special approach to every coin I work with. !5k a month is more than 15% of your future 50k, which sounds too ambitious))

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