Knowing when to sell off your crypto investment

[mrdeposit]

Price and time are two different factors in the markets and predicting time is as required as knowing the close price of the trade. Timing can be an illusion for someone and it can be a financial tool for others depending on the skills and knowledge of trader/person.

[GospelCrypto2]

Price and time are two different factors in the markets and predicting time is as required as knowing the close price of the trade. Timing can be an illusion for someone and it can be a financial tool for others depending on the skills and knowledge of trader/person.

Very well said.. I think that's been my greatest problem in trading.. I tend to often sell at the worse time and boom next thing I know a surge in the market.. Learnt my lesson though..

[tisoysoy]

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?.

If you intended to investment long-term in crypto you must choose bitcoin it is already proven way year 2017 which is its worth $20,000. So, there's possible it will happen again whether this year or next year. Now its gradual moving forward, buts still in low price, so I think these time is the best to invest on it.

[manismanja]

As a trader I am not convincing anyone of you to sell your crypto investment because me myself even though I am winning on that specific tokens that I bought, I will still manage to hold it. I am counting on that token once I buy it and I will wait for the value to increase up to 10x or 20x to actually sell it off.

if you haven't gotten enough profit, you have to wait until the price rises high enough, but don't expect too much because if you are too greedy you will lose.
what you can determine for sale is yourself, because you know the progress of your tokens or coins so you can manage your actions and choices.

[minersday]

Before you start any trading or investment in the crypto ecosystem, you need to have a specific strategy which contains all your plans and the threshold to which you will sell or buy cryptocurrencies during the period of the investment. With such strategy, you will know when to sell off your investment and get out of the investment. Strategic plans are the best tool to help anybody know when to sell off or buy in.

[Horas1976]

We do have to look at market movements so that we can determine when to sell them, studying the market is indeed not easy and requires energy to be able to follow.

[repear7]

The fluctuating crypto currency creates doubts in us to get out of crypto currency trading and investment. Indeed, before plunging into trade and investment, we must study the crypto currency market movements from the start. This movement can be the material of our analysis to implement strategies in trading and investment. This crypto currency is like a cycle whose price movements are sometimes above and not infrequently to be below. If prices continue to decline from our capital then it has become a yellow light to more analyze and make predictions. The key, don't panic because the decisions we take are vulnerable to wrong. We better stay calm in the face of a downturn. Which should be considered if you have followed the movement and decreased by around 50% for one year.

[Beldon]

We do have to look at market movements so that we can determine when to sell them, studying the market is indeed not easy and requires energy to be able to follow.

This really needs to be done to see market movements are important so we can understand what we have to do, not to do something wrong that will cause harm to ourselves

[karanggatak]

I think the key to success in crypto is not greedy. I always sell my coins when my coins have increased by 30% - 50%. then I will take advantage and invest. when the price goes up again I will sell and when the price goes down I will hodl. I prefer to take a little profit but certainly can. rather than waiting long with uncertain profit.

[Youghoor]

The best time to sell off your crypto investment is either when the market value of the crypto coin you invested goes a bit higher than the initial value you invested or when the value drops to avoid you from losting a greater portion of your initial investment.

[cewekimut]

The best time to sell off your crypto investment is either when the market value of the crypto coin you invested goes a bit higher than the initial value you invested or when the value drops to avoid you from losting a greater portion of your initial investment.

Yes, selling coins must look at the market situation. And don't rush to sell coins because the price of coins will definitely rise again. I think trading is very fun because now the market is in very good condition to sell coins.

[bebekangsoo]

The best time to sell off your crypto investment is either when the market value of the crypto coin you invested goes a bit higher than the initial value you invested or when the value drops to avoid you from losting a greater portion of your initial investment.

yes that's good enough because you sell when the price is higher than when you start investing.
Crypto values ​​can change at any time so you should be able to take advantage of opportunities when Crypto rises and you have to take them quickly because if you are a little late you will regret it.
Crypto movements can change very quickly, so be careful when taking action.

[ogini]

I think it will be worthless selling off your investment when it has yielded no profit,it should be better hold until profit is achieved,on the other if the investment your holding  is a shit project, it should be better should at  lost rather than losing all your money.  

[levvv]

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?.

Wow, you just made your first thread in this forum and already meritted, how lucky you are !
In your case, you were buying the hyped coin like dragon chain. Buying hype coin is not bad, but you must sell it before the hype over.
If you missed it, you will have to wait for long to be able to sell with your buying price.

[ethereumhunter]

That is why you always need to check the price of the coin you want to sell to make sure that you can sell at a high price. But that will not easy since you can miss the right time to sell the coin because the price is changing in many times. But maybe you can set the alarm to ringing when it reaches the level of the price you want so you can place the order sell, or you can place the order sell before the price starts to increase. There are many ways to know when to sell your coin.

[needtor22]

I think it's not the time to be ready to sell my altcoin.
because the price of krypto now also hasn't shown a stable price, so I'm also waiting for more stable prices in the near future

[_Sergo]

I think it's not the time to be ready to sell my altcoin.
because the price of krypto now also hasn't shown a stable price, so I'm also waiting for more stable prices in the near future

Of course, now it makes no sense to sell, especially since the market is starting to recover, and most likely it will go up

[ivanserfg]

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?.

Wow, you just made your first thread in this forum and already meritted, how lucky you are !
In your case, you were buying the hyped coin like dragon chain. Buying hype coin is not bad, but you must sell it before the hype over.
If you missed it, you will have to wait for long to be able to sell with your buying price.

unfortunately there are a lot of such coins, and they are used only for trading, without carrying any more absolutely no practical value.

[jpnl0005]

Its not that easy to determinw when to sell cause the market is so unpredictable its best to sel when the opportunity arises with the current market situation its best to accumulat right now and sell when its fair enough buy while they last thanks

[Svarora]

There is no exacta science to this. There are many Ángel to this. If you have enough fund Then you can hold for any time. But if you límites fund Then you must have to make a profit booking point And stoploss point. Once you reach that leves Then you must have to sell. In crypto you have to clear your position every now then because crypto is in very initial stage And any small news will pump or dump it quickly