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Author Topic: When Is The Right Time To Trade Your Tokens  (Read 3403 times)
HashieNewb
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October 04, 2019, 05:54:02 AM
 #81

That dialogue was okay tho. They were discussing about where is the best time to stop when both trading Bitcoin and Altcoin. This might work sometimes, but just remember this is cryptocurrency world and anything could happen unexpectedly.

And buy altcoins when the tokens are cheap. 
But, the criteria of how cheap the altcoins are questionable and it's more of preference for the traders itself.
Buying the tokens when the price drops low is a good choice for trading, but the tokens we plan to purchase needs to be analyzed better. These days most of the tokens weren't growing high, good is to buy top listed altcoins which were low priced. At this moment my choice is to buy ethereum, BNB. Both will be growing good over the falling years.
[/quoteLow priced coins may not be a nice choice because there is a lot of coins that fail once they get too low priced.

 
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October 04, 2019, 06:15:36 AM
 #82

That dialogue was okay tho. They were discussing about where is the best time to stop when both trading Bitcoin and Altcoin. This might work sometimes, but just remember this is cryptocurrency world and anything could happen unexpectedly.

And buy altcoins when the tokens are cheap. 
But, the criteria of how cheap the altcoins are questionable and it's more of preference for the traders itself.
Buying the tokens when the price drops low is a good choice for trading, but the tokens we plan to purchase needs to be analyzed better. These days most of the tokens weren't growing high, good is to buy top listed altcoins which were low priced. At this moment my choice is to buy ethereum, BNB. Both will be growing good over the falling years.
Don't do that. Binance is just taking your money and it is doing it well if you are continuing to purchase it.

 
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October 04, 2019, 08:15:24 AM
 #83

You do not have to wait until you are being pushed by someone to trade your coin, because the onus is on you and you know what you want. However, you should always understand the risk behind holding or selling when you are at loss. Also, always trade against the standard, which is satoshi, because that in the long run will determine if you are in profit or not, except you are not a long term trader.
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October 04, 2019, 08:20:45 AM
 #84

Everyone decides for himself when it is best for him to buy or sell his cryptocurrencies, but the most reliable option at the moment is of course to buy cryptocurrencies when the market drops sharply, which has been happening for almost two years, and when the market starts growing again and then there will be the best option for the sale of your cryptocurrencies, if you do not want to hold of course even longer.
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October 04, 2019, 08:35:52 AM
 #85

Depends on the token you're holding. If you think that it can't sustain for the long run, then the best moment to trade it is when it gets listed to any exchange. You should make sure that you'll sell the same day it gets listed otherwise it'll dump. However if you think that it can sustain for the long run, then you should look for their roadmap since it can dictate when will it pump or dump.
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October 04, 2019, 08:36:25 AM
 #86

Everyone decides for himself when it is best for him to buy or sell his cryptocurrencies, but the most reliable option at the moment is of course to buy cryptocurrencies when the market drops sharply, which has been happening for almost two years, and when the market starts growing again and then there will be the best option for the sale of your cryptocurrencies, if you do not want to hold of course even longer.
You're right, everyone has their own analysis of the investments they make and that's about their decisions. and maybe they are still looking for the best reference in determining the investment as attached by the OP. so I don't think we should give up bad ways again and let the investor decide
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October 04, 2019, 09:29:41 AM
 #87

The right time to trade is where you have sufficient balance. Then you have a lot of trading knowledge so you can find out where the market sentiment is.
And most importantly, follow your instincts according to the knowledge you learn. Most of us are only consumed by the signal groups. They can say A-Z, but the decision is yours. And we don't know if they really are experts or just trapping us.



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October 04, 2019, 09:36:56 AM
 #88

I think the right time for trading is when first time coin or token listing on exchange market, you have chance to get profit because for first time coin listing will have good price for selling or buying.

This is the most common reason of why the price of a certain token will dump because most of the owners will not believe to the beauty of the product anymore but they will only think of the money by selling their huge bonus tokens. The right time to sell is when you are contented with your earnings and buy again when the price become cheap.
Every bounty hunters do it. They dont actually support the project but they only focus on how much they will earn. Disregarding the upcoming changes instead of holding the coin to support the project.
For me, the right time to sell crypto is when you actually need it, I tend to hold my coins and sell it only when I need it.


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October 04, 2019, 10:03:36 AM
 #89

I did not set a goal. Buy only when the price is really cheap and hold. I spent a lot of money to buy altcoins from early 2019 until now and will hold them for at least 2 years
But, I focus on having a shorter term, my main desire is to gain and when the coin reaches the price I want, I don't need to hold much, at least this will cause me to lose due to greed. I hold coins for a long time too, but I always try to stay active in the market, because any innovation that may have a dip effect on the market, and in this time I don't want to stay unaware.
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October 04, 2019, 10:15:55 AM
 #90

Now it is the best time to sell your tokens and coins and buy them cheaper, market doesn't look like it will grow in the near future, so you can easily multiply your portfolio.

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October 04, 2019, 10:53:25 AM
 #91

I think the right time for trading is when first time coin or token listing on exchange market, you have chance to get profit because for first time coin listing will have good price for selling or buying.

This is the most common reason of why the price of a certain token will dump because most of the owners will not believe to the beauty of the product anymore but they will only think of the money by selling their huge bonus tokens. The right time to sell is when you are contented with your earnings and buy again when the price become cheap.
the problem for trading is to determine where the support and resistance of a coin or token is accurate, if you buy a token that has just been listed in the market,
the risk is very large, my advice is to trade tokens that are at least top 200 coinmarketcap

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October 04, 2019, 11:00:58 AM
 #92

Everyone decides for himself when it is best for him to buy or sell his cryptocurrencies, but the most reliable option at the moment is of course to buy cryptocurrencies when the market drops sharply, which has been happening for almost two years, and when the market starts growing again and then there will be the best option for the sale of your cryptocurrencies, if you do not want to hold of course even longer.
I agree on such a sharp fall, even Bitcoin, why not buy it for $ 8,000. I think that this is a very profitable investment now, because it is very difficult to invest in business.
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October 04, 2019, 11:01:07 AM
 #93

We can determine the right time to trade after seeing the cryptocurrency market conditions that we want to trade, and usually, I prefer where the market conditions are in a positive state, Ie where when cryptocurrency is experiencing price increases throughout the day, even though the profits can be very a little but these conditions really support me in doing the daily trading method. During this time, I personally divide my money into Two parts, namely 25% of the funds I used to buy long-term cryptocurrency, usually, I buy and store the Cryptocurrency can be up to Six months or One year, and of course the profit will usually be very high, but it does require long enough for me to benefit. While the funds that I use 75% for daily trading, analyzing charts and looking for daily profits of 5-10% and keep repeating every day, even though sometimes it's not always profitable, but I'm still patient to do it.

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October 05, 2019, 10:57:24 AM
 #94

The right time to trade tokens is actually 'everytime'. You need to follow how Bitcoin price is going and then start to trade. If BTC is moving fast up and down, it is risky but those terms are the terms that you can the most profit out of alts. When BTC is going sideways, it is a nice time to trade alts as we do not see risky movements of Bitcoin.

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LYRA  Loyalty Rewards on Blockchain
══════════════════════[ Main Features ]══════════════════════
Customizable tokens ███NFT███ DeFi███ DEX███ Revenue share
Colt81
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October 05, 2019, 11:38:27 AM
 #95

when talking about bounty token results. I will not wait long, as soon as the token has a market I immediately sell it. I made this choice because based on experience so far, the longer the token I keep the more worthless it will be. actualy selling strategies differ depending on the owner.
I also sell my bounty token when i started to receive my token in my wallet because not all of them will get a good value like other altcoin like ETH,  BCH and XRP that they are more worth it to HODL and good for long-term investments. I made a lot of regrets holding a lot of bounty tokens and most of their prices today are really bad, that is why they will be stuck in my wallet for many years.
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October 05, 2019, 11:44:46 AM
 #96

Personally, I think that the right time to sell tokens is when the price on the exchange is very acceptable for sale. But since the price is always unpredictable and they only have to watch the price of the token.
nutriagrigia
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October 05, 2019, 11:54:57 AM
 #97

when talking about bounty token results. I will not wait long, as soon as the token has a market I immediately sell it. I made this choice because based on experience so far, the longer the token I keep the more worthless it will be. actualy selling strategies differ depending on the owner.
my strategy is very different from yours. I do not want to sell coins of projects that I think are very promising. I continue to hold all tokens that I receive from bounty campaigns


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lienfaye
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October 05, 2019, 11:58:38 AM
 #98

Personally, I think that the right time to sell tokens is when the price on the exchange is very acceptable for sale. But since the price is always unpredictable and they only have to watch the price of the token.
Thats why it needs close monitoring to be able to timing the right opportunity to sell. If your tokens came from bounties as a reward usually after getting listed in exchanges the price are drastically decreasing due to hunters dumping their tokens. So it would be better to think carefully if these tokens will gain value in the future if you hold or its best to sell it immediately once the price is acceptable.

Cacingkemi
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October 05, 2019, 06:08:15 PM
 #99

when talking about bounty token results. I will not wait long, as soon as the token has a market I immediately sell it. I made this choice because based on experience so far, the longer the token I keep the more worthless it will be. actualy selling strategies differ depending on the owner.
my strategy is very different from yours. I do not want to sell coins of projects that I think are very promising. I continue to hold all tokens that I receive from bounty campaigns

yes, if the token looks very promising and the project that was launched can run successfully, usually what I do is hold my token for the long term because the future of the token is very good to be used as a form of long-term investment

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October 05, 2019, 09:58:29 PM
 #100

I would say that much basically depends on exact solutions. And all in all, the process of choosing tokens is very important. I always try to pay attention only to solutions that bring real value
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