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Author Topic: How to recognize a good time to sell a coin?  (Read 27871 times)
mannybitcoins
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June 13, 2019, 04:41:43 AM
 #441

The good time is when everyone is buying. But then again waiting for that time to come may be risky as there is always a chance to lose the investment if the coin dies. Keep looking for advertisements, posts related to the coin, and other comments. The general rule is, the lesser popular or known the coin is, the riskier it is, but some times the risk pays of too. Personally, if I invest in some less known coin, I would wait till it is decent enough and then sell it. Decent means about 10-20% that too on a good day. Rest is on you, how much gamble you want to play.
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June 13, 2019, 05:45:39 AM
 #442

For me to recognize the best time for selling a coin was being at its peak. For example, when the coin you were holding was being at the high ends just like like the dencoin tokens then thats the right time for you to sell. I would also say that its better to buy coins at a lower price when the prices are down, so just hold and sell them when the prices increase at the market. So in this kind of case, the more coins you can sell is tje more profit you can get.
bvg96634
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June 14, 2019, 06:34:13 AM
 #443

If you have reached your desired profit than you should sell it. Waiting too long after investing in shitcoins may very well be counterproductive, and you will end up losing a lot of money. There are many threads on shitcoins, go ahead and read those for knowing past experiences.
  It also depends on your current economic conditions; if you need the money and you are at 10% of profit, then you should sell it. If you are long term player who likes taking risks, then you are allowed to wait as much as you like. I, however, don’t wait for that much if I am investing in more lesser known coins.
Fluxtorrence9
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June 14, 2019, 06:35:54 AM
 #444

There is no need for recognition all you have to do is always have a target ,either the profit is huge or not if you are satisfied then just pull out your profits
farraddy
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June 14, 2019, 07:07:08 AM
 #445

A lot of people have been waiting for the growth of the coins they have. Last year, they were very sorry that they did not have time to sell them before the collapse of the market. Now many people sell coins after increase in prices.

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Iykecollinz
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June 14, 2019, 07:17:17 AM
 #446

Following the market trends and pattern of growth, one should take profit along the growth line, you may not sell all at once but in case of a very sharp pump which usually comes with a fast dump and you are lucky to be in trade, it is wise to quickly sell then and wait for the dump to buy back, a fee of my sales strategy. Just have a sales target before entering the market and exit completely after hitting it. Don't stay too long

BeManga
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June 14, 2019, 07:25:33 AM
 #447

Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments Wink.
you can recognize it if the coin have some good purpose if the team is doing their promise in terms of development
as of now because there a lot of similar coin purpose its become hard to recognize
so for me i just hold every coin i received and maybe hold it for long time
who knows it might become big someday





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dentolas
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June 14, 2019, 07:33:31 AM
 #448

I am also rolling my head around this subject as it is not easy... the ideal would be to sell it in parts, for example, split it in 3 parts and define targets for each part...
I can't really get it to work like that due to several practical aspects... I guess that with so many shitcoins and scams it is more a gamble than anything...
Nevertheless I find that less and better bounties are better than a lot of bounties with no substance  Wink

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June 14, 2019, 07:45:00 AM
 #449

Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments Wink.
depending on the token or coin is it much in demand when entering the market if the coin is in great demand by people automatically the price will soar and vice versa
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June 14, 2019, 08:32:44 AM
 #450

It's hard to determine the right time to sell a coin.
Sometimes you think that the coin is dead, the price is below 10 Sat, the team is not active.
And after a while the team talks about the resumption of development and a sudden listing on Binance Dex. Price makes x10 or even more.
Such things are difficult to predict or calculate.
setialovers
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June 14, 2019, 10:17:06 AM
 #451

It's hard to determine the right time to sell a coin.
Sometimes you think that the coin is dead, the price is below 10 Sat, the team is not active.
And after a while the team talks about the resumption of development and a sudden listing on Binance Dex. Price makes x10 or even more.
Such things are difficult to predict or calculate.

Indeed, i had experience about this. I am selling a token several months ago and i tought this token already dead but suddently the token rising because make annountcement swap to BNB Chain. I think hard to think when the right time to sell because sometimes there is a lot surprise after we sell the token
jyotianand01
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June 14, 2019, 10:21:57 AM
 #452

It is not easy to determine the correct time to sell but you can sell your coin when you found your expected price of that coin. No one knows when a coin go a quick run and give you handsome earnings. Equal coin gives a big rise yesterday after nearly a year standstill.


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Anatolich
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June 14, 2019, 10:37:06 AM
 #453

There is no correct answer for this. There is only experience and own observation. If immediately a good price for a coin, impressive results of ico, whose team can be trusted, then I hold for a long time.
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June 14, 2019, 11:10:54 AM
 #454

You should use technical analysis and have a game plan. It is all what I can recommend for you. But sometimes it is better to sell in loss instead of losing everything you have

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June 14, 2019, 12:50:24 PM
 #455

It is not easy to determine the correct time to sell but you can sell your coin when you found your expected price of that coin. No one knows when a coin go a quick run and give you handsome earnings. Equal coin gives a big rise yesterday after nearly a year standstill.
Sell when you are convinced with the benefits you already gained from your assets, be contented and enjoy whatever results you received,
don't fall with some fall as it's part of the cycle but instead keep waiting for your profitable position.

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June 14, 2019, 02:06:43 PM
 #456

Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments Wink.

Actually thats the risk in having a cryptocurrency. Its very unpredictable and you'll never know if its worth holding or not. I think it all depends on your personal goal and target. Don't be too greedy because you might end up with nothing. Just set a target like if the value reach 5X its original value, sell it. If not yet, keep holding it.

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June 14, 2019, 02:30:49 PM
 #457

There is no correct answer for this. There is only experience and own observation. If immediately a good price for a coin, impressive results of ico, whose team can be trusted, then I hold for a long time.
but you also have to constantly watch what happens in this project if you want your investments to be really successful.






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June 14, 2019, 02:35:47 PM
 #458

Look, it depends on various things, so I suggest that main events like collaborations, main net and so on, after these news and reaction, you should sell and wait for good entry point
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June 14, 2019, 03:22:33 PM
 #459

Look, it depends on various things, so I suggest that main events like collaborations, main net and so on, after these news and reaction, you should sell and wait for good entry point
I agree that good news like mainnet launch or new listing give a good impulse for a price growth. So it's pretty good time to sell your coins to get a profit.
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June 14, 2019, 05:25:27 PM
 #460

It depends on you goals my friend. Furthermore, you do not need to be greedy on this market, because as we have already learned many times, if you cannot sell your coin on time, you should wait for many years to get the same price again.
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