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Author Topic: Knowing when to sell off your crypto investment  (Read 17825 times)
TechComputer
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April 02, 2019, 03:51:12 AM
 #41

Better to start your own thread because you might need to contribute in this forum like this guy.
Well, first of all, crypto invesment is likely look gambling. Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
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April 02, 2019, 04:17:43 AM
 #42

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 Smiley
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.
i also have a little difficulty when someone suggests long-term investment, because there are many needs that i have to fulfill. that's why i often target the right time to sell or buy coins.

i think, the right time to sell is when i am at a 8-10% loss. i don't want to lose more than that. but i am grateful that i rarely get such a big loss. i only experienced one big loss and it happened last year, i received many lessons from it.

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April 02, 2019, 05:16:50 AM
 #43

Better to start your own thread because you might need to contribute in this forum like this guy.
Well, first of all, crypto invesment is likely look gambling. Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
You need a cup of coffee before you say investment in cryptocurrency is gambling. Have you play gambling before? if you put money on the gambling place and you bet all money you have and you lose then your money is gone, you won't have a hope to recover your lose. But if you buy bitcoin and you invest in it and then the price crash drastically, I believe you need a time and still have a hope to wait the price up, I guess these are different.

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April 02, 2019, 05:44:30 AM
 #44

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))))

But in my opinion it's wrong to buy when prices go up as they are now, but if you believe in growth it will continue to rise then it's good but do you think it's good?

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April 02, 2019, 05:51:28 AM
 #45

There is no general rule for selling crypto, as everyone has his own limits to buy, hold and sell his crypto.

However,  just holding your funds without having any thresholds in your mind might make you lose a lot of opportunities that appear sometimes on the market.

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April 02, 2019, 06:05:39 AM
 #46

Better to start your own thread because you might need to contribute in this forum like this guy.
Well, first of all, crypto invesment is likely look gambling. Just be sure to know on when you sell your crypto or just leave crypto investment whenever you get your profit.
You need a cup of coffee before you say investment in cryptocurrency is gambling. Have you play gambling before? if you put money on the gambling place and you bet all money you have and you lose then your money is gone, you won't have a hope to recover your lose. But if you buy bitcoin and you invest in it and then the price crash drastically, I believe you need a time and still have a hope to wait the price up, I guess these are different.

Well to be honest the way most people "invest in crypto" it really is a form of gambling. I can even admit that when I invested in a couple of ICOs (oh trust me I learn my lesson well), I was gambling on a few things. Gambling that the guys wouldn't run away with my money, gambling that the guys would do what they said they would do, and gambling that people wouldn't dump their tokens when it got listed.

I usually lost on 1 point.

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April 02, 2019, 07:54:59 AM
 #47

I will not be pessimistic and run away from cryptocurrency trading, there are many things I have to learn especially the nature of cryptocurrency. If someone has decided to trade or invest in crypto, of course they must be prepared with all the risks involved. Well, why should you leave? Is it because of high losses? That's not an excuse, because in my opinion the future of the cryptocurrency will be bright as time goes on and also technology. Cool

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April 02, 2019, 09:17:24 AM
 #48

This is a hard question to answer and its hard to predict whether the coin will have the potential to go up again or not, some of the point that need to be highlighted maybe is the developers team, when the team seems lazy to promote or tge developers are inactive it could be the sign to let go of the coin, sometimes you need to depend on the chart to predict whether the coin will go up or not
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April 02, 2019, 09:31:16 AM
 #49

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?.


Welcome to the forum. It is almost impossible to find the perfect time.
buy and also sales must carry out at the best staggeredly. and not let rush. it comes again and again a good possibility Smiley
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April 02, 2019, 09:38:03 AM
 #50

Well, what's in a hurry. Now the market goes to the top and I think everyone has already bought and are waiting for the jump. Good luck to everyone on this bull.  Smiley

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April 02, 2019, 09:40:28 AM
 #51

Well, what's in a hurry. Now the market goes to the top and I think everyone has already bought and are waiting for the jump. Good luck to everyone on this bull.  Smiley
Uh i think otherwise. It's time to sell my crypto invesment because i already got a huge profit only from 1 day, but i'm not sure is the increase will stay longer or even go up more or it will go down again? I prefer play safe and i just sell 50% of my coins and keep it the rest.
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April 02, 2019, 09:51:38 AM
 #52

It's very difficult to catch the right moment to sell a coin, expecially in this period...crypto world has too much volatility and is very uncertain..personally I'm holding 90% of coins I bought, I regret to not have sold many tokens gained from bounty campaigns before but now it's really too late. On the other side, I'm happy to hold major coins like Bitcoin Ethereum Neo Cardano etc.. because I believe in crypto foture and I think that these coins will rise again more than before.
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April 02, 2019, 10:27:35 AM
 #53

I also didn't know when to sell my investments last year when bull run was, i lost a lot of money, but now i will not do more this kind of mistakes, and i will sell if a new bull run come and i will make profit.
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April 02, 2019, 10:30:47 AM
 #54

When the market becomes very hot. Some are unreasonable, everyone becomes very greedy, and at that time it is necessary to change the market, and if possible, consider selling. This is all experience. Need to experience and learn by yourself.

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April 02, 2019, 10:32:31 AM
 #55

Quote
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?.

I'm not an expert just an enthusiast holder, it's all in the character, the best time to get out of the trade is when you think, you already gained profit or must stop because of the market condition, about loss, of course, you do not want to invest your savings here and if you think you are about to do that then have the power to quit.

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April 02, 2019, 11:29:10 AM
 #56

When the market becomes very hot. Some are unreasonable, everyone becomes very greedy, and at that time it is necessary to change the market, and if possible, consider selling. This is all experience. Need to experience and learn by yourself.

when it comes to investment there is no room for emotions and bag holding. they are meaningless unless you plan to lose money intentionally. otherwise you shouldn't attempt investing.
and when it comes to altcoins which are mostly pump and dumps bag holding something is even a bigger mistake because you know the dump is going to happen.

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April 02, 2019, 11:32:36 AM
 #57

Now the cryptocurrency market is very hot. And it's silly to leave him at the most crucial moment. Because I think that you always need to weigh everything before doing something.

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April 02, 2019, 11:56:21 AM
 #58

It determines because it has to be from your mind ,every holders must have a determined price so if bullrun makes a comeback you can sell when your target is met ,do not be greedy because I have friends that refused to sell there coins in 2017 till bullrun vanished into thin air ,they are now regretting

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April 02, 2019, 12:17:40 PM
 #59

This is the most important rule, because holding long term does not bring as much profit as before. Before investing in a coin, you should decide for what price you are going to buy this coin and for what price to sell it.
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April 02, 2019, 12:45:47 PM
 #60

This is the most important rule, because holding long term does not bring as much profit as before. Before investing in a coin, you should decide for what price you are going to buy this coin and for what price to sell it.
Setting your plan and make sure to stick with it will give you a much decent position coming from this market, it's different now indeed as more traders
are dealing more for shorting the market and take every opportunities, you can do the hold you really desire to keep your coin inside your wallet and
take some years of waiting, if you are working with the current trend its good to look for your buy and sell entry.
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