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Author Topic: When do you know its time to sell your altcoins?  (Read 8153 times)
Maryshka91
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October 28, 2018, 04:16:32 PM
 #1421

It is very difficult to determine when it is time to sell. For myself, I realized that you should never be greedy and do not blame yourself for what you sold too cheap. You never know where the price might go.

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alex_kir
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October 28, 2018, 04:22:56 PM
 #1422

There are situations that will scream to you that you need to sell your tokens, because the project will definitely not develop further, but you also need to understand that you need to invest and sell tokens then when they are at their peak of popularity.
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October 29, 2018, 05:00:56 AM
 #1423

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 fact, a very difficult question - participants in any market think about when they need to properly sell their assets. Investors in the crypto market are also often asked this question. Personally, I chose a rule for myself - I buy reliable coins in a period of falling market and low prices, and sell them after receiving a 100% profit.

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October 29, 2018, 03:36:32 PM
 #1424

I studied Elliot waves, and when something grows I try to wait for 5 waves and then sell, I think everyone needs to learn it

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October 29, 2018, 03:42:56 PM
 #1425

The time to sell most of the Altcoins will come no earlier than Bitcoin will try again to overcome new heights. During this year, many coins fell 50 or even 100 times. While Bitcoin does not update its maximum - they will not return to their previous level.
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October 29, 2018, 03:49:05 PM
 #1426

I have one rule, if a coin reaches the price I need, then I perform the necessary operations, if not, the coin lies and waits for its turn!
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October 30, 2018, 09:25:56 AM
 #1427

Good, this what I do whenever I invest in a coin some particular amounts let say $1000 when the coin make such huge profit like 50%-100% i sell out worth of my investment plus 20% that's $1200. Make the 200 as instant gain and leave the rest of the coin who knows what next it gonna happen even more than 500% still a gain

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Alpha0One1
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October 30, 2018, 09:31:40 AM
 #1428

My trigger to sell is when I need to convert it to cash and use that cash within a week.
If not, I try to preserve value by using a stable coin like USDT, TUSD or USDC  at least 10-20% of my portfolio.
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October 30, 2018, 09:35:19 AM
 #1429

when is the right time to sell coins? it's easy, when the price is high and can't rise anymore. that's the right time to sell it. it's impossible when the price is still low you immediately sell it.

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October 30, 2018, 11:16:44 AM
 #1430

You need to sell when there is an opportunity for earnings. This is a key principle. You need to determine how much your assets are worth, and wait until the optimal opportunity for sale appears.

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October 30, 2018, 09:07:30 PM
 #1431

I think and in my opinion the best time to sell the altcoins is when you have analyzed the situation and found out that it is already a good time since the price of the coins are good and that the price of the coins are viable for monetization. You still need to be very careful at that point.
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October 30, 2018, 09:09:07 PM
 #1432

No one knows the exact time if someone knew he was a billionaire. Therefore, each relies on a technical analysis or his intuition, to each his own. Personally, I look at the graphics.

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October 30, 2018, 09:25:28 PM
 #1433

I studied Elliot waves, and when something grows I try to wait for 5 waves and then sell, I think everyone needs to learn it
The elliot waves pattern is good when the volatility is high and i don't think you can trade all altcoins by elliot waves theory. For altcoins, especially the new projects i always find it hard when to sell them.

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October 30, 2018, 09:38:12 PM
 #1434

I determine time to sell, when new people come and buy cryptocurrencies. When people on bitcointalk say, that bitcoin and altcoins are scam, it is time to buy.
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October 30, 2018, 09:50:07 PM
 #1435

Nobody will dictate for you when to sell because it's a decision that needs to be made by you depending on your investment, you sell when you have make enough profits as pleased by you.
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October 30, 2018, 09:50:16 PM
 #1436

I don't know when it is time to sell coins, anyway you should have strategy to sell tokens.
I want to keep going according to my strategy.

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November 02, 2018, 11:32:02 AM
 #1437

I think that when it is the most profitable. For me, the main thing - to recoup all their costs and go to at least a small plus. Other choice I have yet to see about these coins and I don't expect to see
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November 02, 2018, 11:57:31 AM
 #1438

When best time to sell the altcoins is depends in your situation, but for me the best time to sell the altcoin is after few weeks listing in exchange, the first week must be dump from bounty hunter and then several weeks after the dump there must be a pump period. Don't be greedy in this time because you don't know when the pump is end. Target your profit from you investment, 25% or 50% is all yours to choose. And when the time is come don't hesitate to sell it immediately
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November 02, 2018, 12:34:07 PM
 #1439

It is very difficult to determine this moment, that it would be easier, I use the risk reduction forum, I ask myself how much I will lose if I don’t sell now, if I’m ready to lose this amount, then I’m waiting, if not, I’ll sell.

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November 02, 2018, 12:34:37 PM
 #1440

Well, I usually try to sell ladder , unlike if it grows then sell each 20% , so it is safe of course, but still need to watch how to grow a coin if the trend has just begun growing it can be easy to make the X5
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