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Author Topic: My Views on When to Sell  (Read 707 times)
BBbill
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September 18, 2018, 09:15:21 AM
 #21

No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.

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Ewinsane
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September 22, 2018, 09:48:28 AM
 #22

Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.
I would always tell people that as long as they know they cannot trade the market, do not have any plan or strategy and have no way of even analyzing the charts technically, the best thing is to keep holding.

However, the mindset of people wanting to get rich overnight, hearing trading can give them the benefit without even understanding the risk makes them to fall prey to losing a lot at the end of the day just because of that mindset. As long as you have a strategy, you will always know when to sell and will always be comfortable with it.
Grimjule
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September 22, 2018, 11:43:30 AM
 #23

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.
it's just a trick that has been done since time immemorial or the first existence of a trade or digital currency, selling when rising and buying when prices go down but the main reason for all of that is our knowledge of when prices rise and when prices go down.
I think that it is not the right time to sell your coins because the price is too low and you will definitely lose your money. I suggest waiting for some more time and when the price increase little bit then you can sell out your coins. I will also hold my coins for ling time because before investment in crypto I knew that crypto investment is not for short time.
Luckym7
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September 23, 2018, 04:40:35 PM
 #24

In my point of view when you should sell your coin, it is totally depend on you. I see your prediction chart and it is not work properly but sometime it can help you for buy your token. Sell is depend, how many price you buy this token and when you see your buy price is overcome and you should sell this time because on that time if you sell I’m sure you can make a some money. Every moment I follow my buying price then when market pump then I sell .
avarnet
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September 23, 2018, 04:47:07 PM
 #25

Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.
I would always tell people that as long as they know they cannot trade the market, do not have any plan or strategy and have no way of even analyzing the charts technically, the best thing is to keep holding.

However, the mindset of people wanting to get rich overnight, hearing trading can give them the benefit without even understanding the risk makes them to fall prey to losing a lot at the end of the day just because of that mindset. As long as you have a strategy, you will always know when to sell and will always be comfortable with it.
especially now that the time that must be used is to hold on until the market continues to rise until the price per coin becomes even more recently sold in order to get the desired profit
Jannn
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September 23, 2018, 09:03:34 PM
 #26

The easiest time to know when to see is when the market moves more than 10% down in a day, it's usually best to sell out as soon as possible once you notice this movement because it tends to indicate a more severe drop is on the way, so you can sell out at a 10% loss, but then buy back in at the base of the dip, ending up with more BTC than you started with.
rodskee
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September 23, 2018, 09:23:16 PM
 #27

Smart idea chart graph for technical analysis When is the right time to sell
People have an self study and strategy when is time to right sell or hold their coins
But sometimes even their had a lot of skills they can sell quick their investment because of panic
And nibidy can predict exact price where goes uprise the value.

mklost
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September 23, 2018, 09:47:47 PM
 #28

It is hard to maintain the selling zone. Sometimes we sell at the low price and after a few days or months, price increases! That's why I stopped thinking about the price ups and downs! If I need money then I will not go back from selling my long holding coins! Though I like your views, but we can't make the right choice every time, sometimes we fail!
metalglowd
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September 23, 2018, 10:07:25 PM
 #29

there are times when we have to do a cut-loss to avoid losses with a larger amount, at least we can use it in the future. no matter long-ter or scalping.
when I get a profit, in my opinion right then we have to sell it. of course at the beginning when we got the price for trading, it was not because of FOMO because the price to rise much higher after it also still had a very small chance which means high risk.

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Jaycee99
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September 23, 2018, 10:36:38 PM
 #30


First Iam fasinated with your art work and for a fact that making not is not easy when yoy are a newbie, also a tip you can use your works/portfolio here and find a sideline to work on it is easy if you already know your art.

Also same as trading it is easy if you know that the running hole if you know what you will do with you problem and a job or work that you are familiar with like trading for example. If you know how it works it can help to know and get more money also learning more and learning from past failed trading can help you more in the future.
Kez1817
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September 23, 2018, 11:47:49 PM
 #31

  All of course want to sell coins in a higher price but it always difficult to predict when it will goes high and down. Every people has its own and different strategy on when to sell and avoid loses but we can't make it properly sometimes we need to sell coins even in a lower price because we need money badly. Thats why sometimes i didn't look at when the price go higher,all i have to do is holding and just sell if needed.

Pamahaw
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September 24, 2018, 12:26:11 AM
 #32

  All of course want to sell coins in a higher price but it always difficult to predict when it will goes high and down. Every people has its own and different strategy on when to sell and avoid loses but we can't make it properly sometimes we need to sell coins even in a lower price because we need money badly. Thats why sometimes i didn't look at when the price go higher,all i have to do is holding and just sell if needed.
That is what also i am doing, hold and when need of money arises, sell. But as long as i can hold i will until their is a rise on value and if i will profit of it at least 10% then i will sell.
lutfi-hasan
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September 24, 2018, 12:40:10 AM
 #33

In my view, if you want to sell coins, you should see the price movement first, if the price tends to decrease very badly, that's where the best place to buy, then 30% price movement will rise again. then that's the right time to sell the coin.
Ronaldcoin2017
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September 24, 2018, 03:05:40 AM
 #34

In my view, if you want to sell coins, you should see the price movement first, if the price tends to decrease very badly, that's where the best place to buy, then 30% price movement will rise again. then that's the right time to sell the coin.
Well selling is always depend on the current price of the bitcoin, if the price is low, normally the people will do buying and holding bit if the price is high most of the people around crypto will do selling. Because we can really gain a huge amount of profit if we are going to put basis on the price. I believe that the price of the bitcoin is always unstable and if we don't put basis on price maybe we will lose.
imsotiredofmoviereboots
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September 24, 2018, 03:30:46 AM
 #35

I know my fellow traders have experienced their "what ifs" moments. It's always a good opportunity to sell when your altcoins are rising in value or even better when it is on the bull run but because there are no limit on what they can reach, we tend to become very greedy. That is why my strategy is to always sell 70% on that kind of situation.
nitammys
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September 24, 2018, 06:29:13 AM
 #36

In my opinion, only long-term holdings and instant selling of two options, when I start long-term holdings, I will not pay attention to market trends, and when I trade every day, I will not hesitate to sell!
Long term holding is not for traders because they will have to trade for making money. Long term investment is for those who have no experience of trading or they do not have time for trading. They can only buy and hold their coins for long time and when they realize that the price is quite good now and they can make money while selling their coins then they should sell their coins.
goodluck0319
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September 24, 2018, 06:36:55 AM
 #37

the main essence of traders is to have different options for entry and exit in advance, until the moment when you entered the market. after all, the strategy you do not have to guess, you just have to cover your losses-profit
Moiyah
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September 24, 2018, 12:09:16 PM
 #38

They are called "timing" for everything. Though, selling right away without further basis used like indicators will surely make your trading uncontrolled and will be utterly regretful. But of course, setting up profit percentage is also a big help and act as a sign to atleast gain profits.
PETES
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September 24, 2018, 04:55:38 PM
 #39

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

Maybe for some it's simple but a beginner can't distinguish this and only his intuition can save him from this, neither losing or take profit.
I like how OP illustrate the graph however this movement is hard and rarely to be seen and sometimes can be confusing if it's the one we're waiting. And his graph is more suitable in mid to long term trading.
iv4n
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September 24, 2018, 05:18:38 PM
 #40

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

Maybe for some it's simple but a beginner can't distinguish this and only his intuition can save him from this, neither losing or take profit.
I like how OP illustrate the graph however this movement is hard and rarely to be seen and sometimes can be confusing if it's the one we're waiting. And his graph is more suitable in mid to long term trading.

Most of you that look at crypto thinks that this is just a way for earning money, you will see in few years how wrong you are. You can sell when price rise, you can trade as long as you wish, but do you know what you really want? Answer is clear, most of you wish more money, and that`s the crypto problem, nobody thinks about the future and actually using crypto directly, most of you just think about making more money, fiat money to be precise. Why to sell at all if you don`t need the money? When I sell I`m doing that because I need money, or when I`m thinking that price will drop more so I will be able to buy more coins, my goal is only one, having more coins.

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