Knowing when to sell off your crypto investment

[tomahawk9]

So blockchain experts and crypto enthusiast when do you say is the best time to get out of a trade? or Dump a long term cryptocurrency you invested in? What level of loss can you take before you hit the panic button?.

To answer the first question, it depends on your strategy. Some people take the long-term route because, most of the time, it means that you're sure that price is going to go up in the long run, so just set a date at which you want to check the price and see if provides you an optimal exit-point. But if you feel more comfortable with checking the price periodically, set a price target and just wait until it reaches that mark so that you can cash out your profits.

As for the other question, the level of loss depends on each person, but from an investment point of view, as soon as you make your investment, it is safe to have an exit-point ready in case things go south.

[1714882839]

1714882839

[Tungsten-1]

It's pretty easy if you want to know when to exit the crypto market. When you hear all mainstream media talk about bitcoin (and other cryptocurrencies), and all sentiments are positive, you should consider periodically selling your portfolio.

Right now is a good opportunity to buy and accumulate

your verified title as a bag holder definitely precedes you, sir. buying and long term holding are quite difficult for small-time investors like me.

If you are short time investor, you may make wrong decision to sell at wrong time, but being good and experienced one I will have to tell you, don’t sell when the price is low infect keep it in your mind that you are holder, current time is holding time because price is moving so buy when in market is at red means you can buy at low, but sell when you find the market green or at high price.

[bhabygrim]

For me it is all about your goal how much do you intend to earn,How much could you lose always set up a cut lose .
To me it is really important to set when to sell your crypto if you aren't good at reading the chart then always set up when would you sell it.

[avonka]

The entry point of the investment is also very important, not to invest on the peak as that could be a nightmare many newbies are not aware. We should not let  a coin/ project take us down and for me generally more than 40% loss is not accepted. Profit is for taking is important whenever it is possible according to the predefined plans .

[JCviggen]

For me it is all about your goal how much do you intend to earn,How much could you lose always set up a cut lose .
To me it is really important to set when to sell your crypto if you aren't good at reading the chart then always set up when would you sell it.

in the current market, you need to sell if you made X2. on every coin, after rising 100 percent, there is a fall will come

[Prompyboo]

The entry point of the investment is also very important, not to invest on the peak as that could be a nightmare many newbies are not aware. We should not let  a coin/ project take us down and for me generally more than 40% loss is not accepted. Profit is for taking is important whenever it is possible according to the predefined plans .

many people are afraid to miss the opportunity and that is why they are buying at the peak. they think that the endless growth has begun))))

[kindbtc]

If anyone is really perfect at entry exit then he is either not normal or is just superiorly lucky and he cannot be a small trader he must have been trading in millions already but i have not seen anyone being so perfect. I will suggest that do not be greedy and sell when ever you are happy with the profit i mean you should get some profit from each trade or investment even if it is small there will always be more opportunities in the market and after your exit even if the coin moons with another 10x or so you should not regret rather be happy for hodlers.

[ololajulo]

For me it is all about your goal how much do you intend to earn,How much could you lose always set up a cut lose .
To me it is really important to set when to sell your crypto if you aren't good at reading the chart then always set up when would you sell it.

in the current market, you need to sell if you made X2. on every coin, after rising 100 percent, there is a fall will come

there are some predictions about the percentage of profit we could expect in this market, the prediction show a poor expectation. the size of investment also matters, most million worth investment are difficult to sell off for profits and X2 to X3 might be enough for such investment. No matter how profitable a projects prospect maybe, I believe investors will always need to cash when bear market comes to save a good value

[cytpoway121]

This is actually my first topic on the bitcointalk forum, been in the crypto eco-sphere for some time now but didn't really feel the need to join this forum until lately. As a trader/ investor the market has taught me some pretty tough lessons and am currently in search of solutions. My question is when does one get out of a trade or sell off a crypto investment?. I used to be a sucker for the hold gang but recent experience has taught me that sometimes you just need to sell off some cryptocurrency even at loss and move on with your life. Examples of such include dragon chain. I bought at the top a year ago and because of the fact that i noticed they were constantly having meetups and news on their social media, i felt sooner or later the market will correct and it will escalate in price. Fast forward to today am rekt and my investment is almost 92 percent gone.
I think its important to throw this question open to the public because a lot of noobs are coming through and although this happens to be the best time to join the crypto space, people need to be educated that it won't be always rossy, you might need to get out of some trades before it gets you down the rabbit hole and into wretchedness.
So blockchain experts and crypto enthusiast when do you say is the best time to get out of a trade? or Dump a long term cryptocurrency you invested in? What level of loss can you take before you hit the panic button?.

This is the most difficult topic to teach anyone on the forum
We need to individually find out when to sell because we got into trade at different times

Thus our selling point can’t bring same profits

[TimeTeller]

If anyone is really perfect at entry exit then he is either not normal or is just superiorly lucky and he cannot be a small trader he must have been trading in millions already but i have not seen anyone being so perfect. I will suggest that do not be greedy and sell when ever you are happy with the profit i mean you should get some profit from each trade or investment even if it is small there will always be more opportunities in the market and after your exit even if the coin moons with another 10x or so you should not regret rather be happy for hodlers.

Greed has major role why many people are left penniless or bag hodlers.
They thought they will gonna get back their investments tenfold or more.
But the truth is - it depends on the actual developments of the project and how the team is actively popularizing the usage of their app or product.
Innovative products without sufficient users will not escalate its value.
People should know how to assess if a particular coin he is investing will have strong presence in the crypto market.
Otherwise, the chance of losing your money is high for those hyped up empty projects.

[rizkyhiw]

The basic concept of my investment is that you do not impose anything impossible to get out of a bearish market because it will be a loss and get psychological pressure on you, but return to investment because there are medium and long, medium-term investments usually they have money but not always to invest and if the long term will last until the market conditions in excellent conditions can be called having more savings, invest according to your abilities and analyze each condition and find something hype to find loopholes in profit, do not slow to absorb all information from various parts of the world.

[creeps]

For me it is all about your goal how much do you intend to earn,How much could you lose always set up a cut lose .
To me it is really important to set when to sell your crypto if you aren't good at reading the chart then always set up when would you sell it.

This is the best part of investing, when we are already taking profit but we should really know when to sell so we can be more focus on achieving that price. We have to set the target price to take profit as well as to cut our losses don’t just buy and wait for a more a higher prices that can be called as greed.

[jhongzjhong]

For me it is all about your goal how much do you intend to earn,How much could you lose always set up a cut lose .
To me it is really important to set when to sell your crypto if you aren't good at reading the chart then always set up when would you sell it.

This is the best part of investing, when we are already taking profit but we should really know when to sell so we can be more focus on achieving that price. We have to set the target price to take profit as well as to cut our losses don’t just buy and wait for a more a higher prices that can be called as greed.

If you know that the project you are going to wait is very promising then that is worth it. All of us want a higher profit I think that is not greediness, that is the fact that people wanted to have when they are investing in crypto. So, the best thing to do here is having research in every coin you purchase. So that you will know if worth it to hold or to sell while it has to have pump up. When you know that your profit was there then sell it if you want.

[MakeMoneyBtc]

You have to remember that if the price starts going down this doesn't necessarily mean you should start selling your crypto immediately because it could be just something temporarily. Make a research and see why did the price has gone down, if it's something critical that happened then sell your investments but if it's just something minor then keep it because in the future it will get back to its real value.

[Isiaka208]

The first rule is to not love a coin more than your investment. If a coin is pumping or making gains, take 25% profit at intervals so as to balance your investment. 

[Kwame Genius]

Knowing when to sell off is yet to study in crypto investment, i could not imagine either it is bad luck at the time of selling some coins or it could be like it is difficult to predict when coin will moon. i am a very patient holder and i have several coins to study that they have the momentum to go up, TTC is one of them that i have hold for some months ago and i sold this coin about a week ago and henceforth it has a percentage increase of 148% and you could imagine how i have lost. yet still i am thinking of the rest i have hold in wallet when to sell.  

[SistaFista]

Peoples will different when define about good time for selling their crypto investment.
Some peoples maybe selling when they have gained about 10x ROI, but some others will sell even it is only gain about 20%.
The key is, don't be too greed if you want a good profit, sometime greed destroys our profit.

[Nggedebus]

Perhaps a cut loss action is needed sometime, when ever we feel there is no sign of the dropping market to end, that time it would be better to sell the coins that we suffer loss.

[Cat Coin]

Investments require knowledge of the rules and the ability to read charts.  In the past, the cryptocurrency market came to random people who want to make money quickly. They invested all their money hence the disappointment. Now it makes no sense to sell previously purchased. We must learn to work in short positions.

[MBMauL]

Perhaps a cut loss action is needed sometime, when ever we feel there is no sign of the dropping market to end, that time it would be better to sell the coins that we suffer loss.

It can be done solution specifically conceived for the altcoin who have no development. the decline that occurred would not turn a profit in the future although we hold the assets long time. sell with loss and start to divert investment to a more altcoin could potentially go up in the near future. It will give you an advantage for the return of capital losses.