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Author Topic: When do you know its time to sell your altcoins?  (Read 8116 times)
dreico
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October 07, 2018, 12:31:56 PM
 #1321

I usually sell when the price rises as a percentage, I think this is the best time for any sales in my opinion
fosco333
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October 07, 2018, 03:14:07 PM
 #1322

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.

Some peoples selling their coins when the price is rising about 20% to take a quick profit, but they will selling if their coin price drop to cut loss too.
It will be depends on your activity. If you are a day trader, you will selling your coins whether if its price increased to gain profit, or decreased to cutting loss.

edynolan
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October 07, 2018, 09:39:42 PM
 #1323

When I sell my COINS, I get at least 30% of the profit, but it depends on what everyone thinks.

When you wait for prices to rise further, it may eventually fall back again, so it must not be greedy.
I think 30% is a good ballpark expectation. It depends on the coin and its potential. Some coins can give us better ROIs, some already can't even do 10%. That’s why diversification is important.
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October 07, 2018, 09:42:42 PM
 #1324

If you received bounty tokens and you are aiming to sell it on higher price than the ICO price then hold it for a long term cos that's what I do if the product is worth it to hold

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October 07, 2018, 09:55:05 PM
 #1325

I am subscribed to a group of professional traders in the telegram, and if a technical recession is expected, I sell all or most of the coins that were prepared for this in advance.
8Habits
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October 08, 2018, 10:38:12 AM
 #1326

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.

Some peoples selling their coins when the price is rising about 20% to take a quick profit, but they will selling if their coin price drop to cut loss too.
It will be depends on your activity. If you are a day trader, you will selling your coins whether if its price increased to gain profit, or decreased to cutting loss.

so at the end of the day, it will depend on each individual's trading preference. so when they are a day trader, their goal is very low and quick profit while long term traders have usually the highest profit goal.
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October 08, 2018, 10:44:21 AM
 #1327

The circumstances that surrounds decision to determines to a large extent what you sell and what you don't.  During bullish market sentiments,  you may aim for higher profit and possibly get.  But during bearish market,  aim for higher profit margin is suicider!

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LeetPoolsOP
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October 08, 2018, 10:47:47 AM
 #1328

I constantly analyze the coins in which I invest, follow the news and, based on the current situation, decide to sell or keep on. In this case, calculation and analysis are very important.
Cam Calvin
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October 08, 2018, 11:18:04 AM
 #1329

I constantly analyze the coins in which I invest, follow the news and, based on the current situation, decide to sell or keep on. In this case, calculation and analysis are very important.
indeed before taking action you must think well whether it will get a big profit or a big loss or a draw. Seeing the current conditions at very low prices may be better for holding and holding coins, use the opportunity to double coins.

I am checking now that the market has now risen even though only a few percent, hopefully it won't go down again. selling coins should be when prices rise high and I think the market will soon stabilize and can rise high so don't rush to release it before you regret it.
8Habits
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October 08, 2018, 11:24:59 AM
 #1330

I constantly analyze the coins in which I invest, follow the news and, based on the current situation, decide to sell or keep on. In this case, calculation and analysis are very important.
indeed before taking action you must think well whether it will get a big profit or a big loss or a draw. Seeing the current conditions at very low prices may be better for holding and holding coins, use the opportunity to double coins.

I am checking now that the market has now risen even though only a few percent, hopefully it won't go down again. selling coins should be when prices rise high and I think the market will soon stabilize and can rise high so don't rush to release it before you regret it.

individual coins differ from one another in so far as rising and falling of its price. There seems to be a harmony and waves in the chart as you may notice it. By that, you can determine where you are going to buy because the price is at its low and when to sell when the price reaches its usual peak.
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October 08, 2018, 04:33:26 PM
 #1331

You need to formulate a strategy for yourself on which you will work and follow it clearly, otherwise you can succumb to emotions and lose everything
austinsku
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October 08, 2018, 04:36:42 PM
 #1332

when I see that coins I have not growing during long time and there is no good forecasts about them because I understand that there won't be a miracle and those projects are dying. I don't want to lose my money
shushu9977
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October 08, 2018, 06:21:32 PM
 #1333

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.

In crypto-currency world, it is quite impossible to say that which coin we gain or loss, but if we profit at least minimum or maximum we sell your buying coin, if you have more trust or believe to your buying coin, then you hold your coin for more profit.Or if you have read the analysis that you lost your profit than sell your coin.

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trudovik
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October 08, 2018, 06:27:42 PM
 #1334

Everything is decided by the situation, because it is because of the situation in general that you begin to understand that now or in general you will have to sell tokens, I think that in general they will really depend on the situation.
MasterCATZ
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October 08, 2018, 10:57:58 PM
 #1335

When I do not see the development of the project and their future plans and if for a long time there has been no change in the price of the coin for the better.
kerzhake
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October 08, 2018, 11:02:20 PM
 #1336

I am more than sure that you have no more than $ 5 left from your deposit and that’s why you didn’t fix your money.

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October 08, 2018, 11:05:04 PM
 #1337

Well, for example take the same bitcoin , when it grew just a month and made almost X3 6000 19000 , I think it was clear that the price to sell bitcoin and those coins which has grown very strongly due to the pump

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thinkright
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October 08, 2018, 11:21:39 PM
 #1338

You should have your entry and exit plan and make it a point to follow it by being discipline. Personally, it varies depending on my position. If it's long term then x2 would be cool

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Kat_messy
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October 09, 2018, 11:07:43 AM
 #1339

I think the best time to sell your altcoins will be in 2020 or 2021 and not earlier. I don't see any market recovery signs jet, so they will probably come only next year and you will need the additional year before prices will be good enough to sell.
lakzo
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October 09, 2018, 11:11:50 AM
 #1340

not now but in the 2019 and 2020 q1 i sell my altcoins.market is bad now... Cry
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