guoyu78
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April 02, 2019, 01:03:15 PM |
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Welcome to forum and I wish you for your first thread. Please explore more here what crypto investors are thinking and market movement here with the help of bitcointalk users. I will suggest you to hold the bitcoin for long term. Now we may find little bump in the market from the past one week.
That should be keep bump and reach the market value in 10k USD. If the value cross that value then you can make money with the investment you do now.
The best part of this question points at the time when you think it is boom in the market. If you are able to recognize that time, and you still have your coins, you should sell the coins. This is what gives you the maximum output and this is what as an investor you seek. But yeah, as you raised the question, when to sell ? Not all people in crypto knows when to sell so it need you to research more and more about the market and set a limit that when you reach should withdraw.
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Activitycoin
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April 02, 2019, 09:20:58 PM |
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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.
That’s why I never mind holding because I know it is all about my own profit and lose to decide correctly when to buy and when to sell, so according to my own thinking some people likes taking risk and chooses short time investment but I like long term route to get safe profit, because holding means we are sure about the growth of our investment, so that’s why now is time to hold and I am holding.
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sell my ac_________nt
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April 02, 2019, 09:34:58 PM |
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I think for the trader the optimal losses will be 10% of the purchase price. Then he needs to analyze the price movement and enter into the transaction again.
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TomArayaSlaya
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April 02, 2019, 09:43:04 PM |
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Most people miss the point of selling and accumulation but the truth is you buy when this are low and when they get high simply sell but set a certain target to avoid loss and also the amount you take on higher gains
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safem
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April 02, 2019, 10:04:57 PM |
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In the actual fact, the sell off time of any crypto invested coins depends on various individual opinions. Some people prefer to sell the coins immediately they see a little rise in the coin market value price which may not really be much. Others may decide to sell off when the price rises to a level above ICO price if the coins were purchased during ICO project of such coins. In my own opinion, I think the time to sell off should be when the coin has reached its product development stage such that the coins is now accessible to many crypto enthusiasts. At this stage, the price would have increased so much. Although, this may require long moment of patience because it takes time to build anything that will last. Hence, long holding is required to get the ultimate desired profits from invested coins.
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Korkorjkk
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April 02, 2019, 11:07:00 PM |
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At times, holding is not always the best option. There are some coins that fall over 100% the original price you bought them. I have taken a strategy to sell of coins that fall below 50% of the initial price. I believe this is better than holding till you will get nothing.
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IVEXO
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April 02, 2019, 11:11:04 PM |
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Selling of assets at the wrong time is why a lot of users today quit crypto currency trading It has to be developed personally by understanding what level of profit you want
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Vaculin
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April 02, 2019, 11:25:04 PM |
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At times, holding is not always the best option. There are some coins that fall over 100% the original price you bought them. I have taken a strategy to sell of coins that fall below 50% of the initial price. I believe this is better than holding till you will get nothing.
I believe sometimes there is also a need too to sell your coins even you will be at loss and start buying potential coins at a more affordable price. But for now seeing the market slowly rising up, it's still good to keep on holding and only sell them when the highest peak has been reached. I know this won't be hard knowing the crypto coins today are now increasing their value day by day.
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fasdorcas
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April 03, 2019, 06:14:53 AM |
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I don't think there should be a particular time for you to sell off your crypto holdings, unless you are saving them on a short term basis and might need to make use of the fund pretty soon, once you watch the market mooning for a while and then you begin to see the market become bearish for a while, let's say for two weeks, then it's time for you to pull out the profit you have made already because a dip might start pretty soon and it won't be good if you are affected since you are holding your coins on a short term basis.
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lablab03
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April 03, 2019, 06:30:48 AM |
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it all depends on your strategy bro. Actually there's a basic rules wherein "buy low and sell high" but it doesn't mean you need to sell immediately when the price is increasing , because that's a mistake!! wherein you should have a target also for example 2x profits so that you know when is the right time to selll. Learn to make technical analysis instead to obtain knowledge
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Stanlo
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April 03, 2019, 06:38:16 AM |
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Every holders must know when to sell off there holdings or else greediness will surely takes over ,there have to be a specific target you are trying to meet so when that happens you should let go ,greediness is not good for business
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KryptoKai
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April 03, 2019, 06:42:35 AM |
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Follow the charts as a baseline, those with a history will tell you when to dump. For bitcoin and most others it will be late 2021 due to the halving effect so remember to cash out in time
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shinratensei_
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April 03, 2019, 06:52:50 AM |
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Most people miss the point of selling and accumulation but the truth is you buy when this are low and when they get high simply sell but set a certain target to avoid loss and also the amount you take on higher gains
A bearish trend will come after the bull and bull will come after a bearish trend. Whatever how much that gets increase just sold our amount when it was getting a pump and then we will be fine for that. And buy back by putting an order at the bottom price and this is always working.
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maldini
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April 03, 2019, 07:01:08 AM |
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when the price has hit the second resistance line then you can try to sell it and buy another coin that has the potential to rise. Getting out of the market sounds difficult, but that's usually what I do
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incomefromcoins
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April 03, 2019, 07:05:25 AM |
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the best time to sell of the crypto asset is when the coin reached a good percentage of profit then is the best time to sell the crypto per suppose if the coin reach 50 percent of growth it is better to sell of some percentage of coin
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2Kool4Skewl
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April 03, 2019, 07:19:48 AM |
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As for me, no one will tell you for sure when is the right time for sales. You should always focus on your experience. This is the most reliable resource information.
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Pithaxz
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April 03, 2019, 08:29:29 AM |
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for me it depends on our capital on the first day, after that it is like a target to get profits from trading and investment, I think this is important because each person has different strategies to get the right profits and time when we see opportunities to sell .
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Quantum907
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April 03, 2019, 09:13:13 AM |
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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.
The strategy must change and follow the trend, I agree that only the short term can be profitable, this is because more people make trading the main job because crypto trading is more profitable than Forex or others.
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Thank you
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Bes19
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April 03, 2019, 09:26:09 AM |
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Welcome to the forum! Just make sure to read the rules. Personally, i do short trade for a while since the market is not really good but i hold some coins for long term like ETH, XRP, TRX and XLM. It's sometimes hard to know when are you going to sell it but whenever i get 3x to 5x profit i sell it. Might be wrong to some but that's what i do.
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Ss4sukE
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April 03, 2019, 09:27:20 AM |
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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.
The strategy must change and follow the trend, I agree that only the short term can be profitable, this is because more people make trading the main job because crypto trading is more profitable than Forex or others. yes, short term is a good way to get profits quickly, but back to the capabilities that we have, because high-risk trading and also must be prepared to accept risks, besides that investors also prefer to trade while waiting for the bullrun to come.
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