GospelCrypto2 (OP)
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Activity: 86
Merit: 4
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May 29, 2019, 11:29:34 PM |
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When the price is higher than the time you buy,
I disagree with your response , your response literally implies it's wrong to sell when price is lower but trading experiences has taught me otherwise.. Aside from my previous experience with DRGN which i have natarated on the post already just recently I experienced something similar with poly and ziliqa.. Both projects kept loosing in sat values and if not for my stop-loss function in place I could have lost half my satoshi value with the dump.. I have come to understand that sometimes you just need to pick yourself up accept minimal level of loss and move on with life.. |
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bgaf
Sr. Member
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Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
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May 30, 2019, 12:23:12 AM |
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If youre huge money on the line. Panic button is quite easy to press. Of course money isnt that easy to earn and those investors also have fear that they might lose huge money in a short period of time. Cannot blame them, but they are always reminded how volatile this crypto space and one requirement here that you need is patience. Without this, you cant earn big. No guts no glory in the game of trading.
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Thanasis
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May 30, 2019, 03:27:39 AM |
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If you want to be an investor then it is must important for you to learn how to make profits which is possible through selling and buying at the right time.It will come up with your experience but for that you need to survive longer to get better at,try as long as possible to hold which can give profits without much efforts.
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setialovers
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Activity: 812
Merit: 11
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May 30, 2019, 03:29:19 AM |
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When the price is higher than the time you buy,
I disagree with your response , your response literally implies it's wrong to sell when price is lower but trading experiences has taught me otherwise.. Aside from my previous experience with DRGN which i have natarated on the post already just recently I experienced something similar with poly and ziliqa.. Both projects kept loosing in sat values and if not for my stop-loss function in place I could have lost half my satoshi value with the dump.. I have come to understand that sometimes you just need to pick yourself up accept minimal level of loss and move on with life.. Hard to determine top price. Sometimes when the price growing up, we think the price already in the top but sometimes that movement continue. Its need trading skill but if we are holding a good coin with good developers team, better hold it and set profits target because greed will make us losses big profits or lead us to losses |
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waynechong1995
Full Member
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Activity: 644
Merit: 117
swing!
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May 30, 2019, 10:44:21 AM |
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For me depends on trends, like now a bullish market allows you to aim more squeezes on positive incoming news, i always keep track on BTC as it drives most of alts indirectly, the insane volatility makes pump/dumps happen quickly. We know there's no actual TOP that anything would go, still I would prefer to set a target profit layer, stop losses actually to reduce the risks like how 20k downfall slayyed on your hard trades in days.
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nerlial
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Activity: 546
Merit: 10
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May 30, 2019, 11:25:52 AM |
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Usually I allocate two types of coins for myself: 1 - those coins that are for long-term investments (usually I don’t even watch the prices of these coins every day). 2 - those coins that are for trade (these coins need to be monitored every day). The most important thing to guess when to enter the market. Then you will not be in a drawdown regardless of which investments are long-term or short-term.
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Butpow
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Activity: 60
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May 30, 2019, 04:46:19 PM |
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Synod basic. Achieve not looking representing responses to much issues. First, everyone has its have design. Second, thither is no exclusive typical solvent representing this matter. Renvesting is just on the other hand not always right.
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Muzahn
Newbie
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Activity: 30
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May 31, 2019, 01:44:03 PM |
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Greet to the assembly! Aloof create confident to peruse the regulation. Personally, i achieve diminutive commerce representing a patch because the marketplace is not actually great on the other hand i mastery any currencies representing continued designation similar ETH, XRP, TRX and XLM. It's occasionally heavy to recognise when are you loss to deal it on the other hand whenever i move 3x to 5x profits i deal it. Strength be erroneous to any on the other hand that's what i achieve.
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lovesybitz
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May 31, 2019, 03:10:43 PM |
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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 club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it? |
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Sendi blackspade team
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May 31, 2019, 03:23:47 PM |
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Welcome to the club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
all of it is determined from the beginning of his planning when starting an investment. do not forget to determine the time and benefits that will be obtained when doing research before investing. it is important for me to invest in the long term. |
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BareCrypto
Jr. Member
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Activity: 63
Merit: 1
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May 31, 2019, 03:37:25 PM |
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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?.
You should decide it on your own but better to wait more, market finally passed bear stage and new it recovers. Later will be bull market and most of the altcoins will rise with market.. |
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Runbitup
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May 31, 2019, 03:44:38 PM |
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Welcome to the club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
all of it is determined from the beginning of his planning when starting an investment. do not forget to determine the time and benefits that will be obtained when doing research before investing. it is important for me to invest in the long term. Long-term investment does not guarantee that it will benefit us because it all depends on sales. so the best time to sell is when we make a profit. we cannot target when we will sell because the market is unpredictable. |
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Snowworker
Newbie
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Merit: 0
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June 02, 2019, 05:00:47 PM |
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Because you are newcomer, representing instantly, it's not that easy to explain trading representing the person similar you. On the other hand you strength aloof move it at at one time, whether you are actually dictated to recognise, to study and had a adoration to get advantageous hither. My propose to you is you have to purchase altcoin that are public in the marketplace as its an work representing you to get it and they are each big equivalent of bulk, as well, in whatever of the program change. To deal it, this desire depend on on you. Whether you anticipate you get profits already you buoy deal it anytime or you require to wait many whether you are desiring many profits, something similar that.
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Bludkiller
Newbie
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Activity: 31
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June 03, 2019, 04:23:34 PM |
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The better age to move away of a commerce is when you actualize your trading target representing that particular currency. Profits entrancing is extremely significant, this is reason you should not be prehensile and and always pierce to your trading program.
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der_troll
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June 03, 2019, 06:04:32 PM |
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It is a regular skill of every successful investor, knowing when to cash out. Clever investors are happy with 40 percent profit from each coin and they never stay in a coin for longer than several weeks. But this kind of trading is very risky, so you always need to be careful.
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Korkorjkk
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June 03, 2019, 09:01:45 PM |
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There are times when you hoped a coin you are holding falls so sharp. You expected the coin to rise but it never did and keeps falling. It is better you sell off that coin early than look at the coin to turn into nothing. Half a loaf is surely better than none.
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lovesybitz
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June 03, 2019, 10:34:18 PM |
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Welcome to the club mate, to sell your coins it depends on you. But if you see the price is more than what you had purchased you can sell it anytime you want. However, you must set target of how many percent of profit you want to set it to sell your coins. Get it?
all of it is determined from the beginning of his planning when starting an investment. do not forget to determine the time and benefits that will be obtained when doing research before investing. it is important for me to invest in the long term. Long-term investment does not guarantee that it will benefit us because it all depends on sales. so the best time to sell is when we make a profit. we cannot target when we will sell because the market is unpredictable. Agreed, in fact, I do't see any wrong with long term waiting. The problem i which I saw is what if the coins We hold for is wrong? that's the reason why there is no guarantee in my opinion. But the coins that belong to top 10 in the market has a high chances for us to gain more in long term holdings. |
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3core
Jr. Member
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Activity: 152
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June 03, 2019, 10:55:42 PM |
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Knowing when to sell off your crypto investment or keep holding it is the most tricky thing to know in crypto currency, there is no way to exactly when to sell or not, one can only set profits margin or loss margin to determine what they should do with their investments.
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ceteris paribus
/ˌkɛtərɪs ˈparɪbʊs/
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ChaoChibai
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Activity: 588
Merit: 10
-ethernity cloud-
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June 03, 2019, 11:02:16 PM |
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You will know when to sell your crypto investment when you think and calculate that you already have enough margin or profit from the investment. But this is also tricky and could be made you feel frustrated if the price is becoming higher than when you sold.
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kangkilokang
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Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
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June 03, 2019, 11:17:26 PM |
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You will know when to sell your crypto investment when you think and calculate that you already have enough margin or profit from the investment. But this is also tricky and could be made you feel frustrated if the price is becoming higher than when you sold.
to sell it you must have a target, if you have reached your target, maybe you can sell it. do not be too big or greedy for profit, because market movements are unpredictable because you can lose if you are too greedy to continue to wait until your greed is reached. often check market movements, if your coins have gone up well enough you have to sell them before it's too late and the market can go down again. |
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