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Author Topic: When do you know its time to sell your altcoins?  (Read 8116 times)
zk-SNARK
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October 02, 2018, 11:14:45 PM
 #1301

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
 #1302

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
 #1303

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
 #1304

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
 #1305

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
 #1306

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
 #1307

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
 #1308

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
 #1309

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
 #1310

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
 #1311

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
 #1312

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
 #1313

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
 #1314

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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October 07, 2018, 11:59:25 AM
 #1315

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.

On such falls you need to buy. In order to earn excess profits, investors enter the market when it is red.


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October 07, 2018, 12:02:32 PM
 #1316

How alt starting to drop their price its good time sell it and then rebuy at lower price.
Today morning i see how xrp starting going down, and it continue a while

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October 07, 2018, 12:03:40 PM
 #1317

Whenever you think you made enough money with it, and you are happy about it.
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October 07, 2018, 12:05:53 PM
 #1318

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
exactly when the profit is seen it doesn't need to hold it for too long and expect even greater, because when you get profit it's good to sell don't expect higher because the cryptocurrency will change quickly so it could even be a loss if you hold it too long.

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October 07, 2018, 12:09:22 PM
 #1319

It is time to sell your coin if you think the profit is good reached your standard. Let me ask you, are you going to sell your coin if you know that you'll lose? Of course no isnt it? First move to know if that's the right time is to be observant. You must know the price first of course. It is your choice and it is situational. For example, your coin is the only thing you got and you're really in need. Whether you win or lose, ofcourse you're going to sell it in order to survive.
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October 07, 2018, 12:24:24 PM
 #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.
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
exactly when the profit is seen it doesn't need to hold it for too long and expect even greater, because when you get profit it's good to sell don't expect higher because the cryptocurrency will change quickly so it could even be a loss if you hold it too long.

Agreed. After a high is always low. Crypto is volatile and you will not know what will happen, well if you technically analyze charts you might get some insight.

The rule of thumb is not to be greedy. It will save lots of the funds always.
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