arifteguhr
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January 10, 2021, 12:28:52 PM |
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Probably, the best time for people to invest in the crypto market, so buying and selling altcoins depends heavily on the price of Bitcoin. enter the crypto market and make a decision to sell or keep it.
Selling and buying actually depends on the needs of each individual, because everyone will also have different needs, so when is actually the right time? When the thing that is needed is not really needed I think HODL is a pretty good thing, because seeing from the side of the positive trend that continues to occur in BTC, it is not impossible that bitcoin movement will experience a new ATH. Currently Bitcoin has broken the New ATH from 2017 when it was 19.8K $. Judging the right time, maybe this really depends on each individual, but everyone who has a long-term investment has a target price. And the current time is indeed the right time because Bitcoin is still in a Bull trend. For altcoins, there is still potential to create a new ATH. although at this time if we count there are many that have created an increase of hundreds of % on a 1 year time scale.
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Hulhala15
Jr. Member
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Activity: 42
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January 10, 2021, 12:39:36 PM |
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They may seem challenging to you but it doesn't have to be that way. The reasons is because it doesn't matter if you are from a middle class family or the fact that you do not have that much bitcoin. There are people who join and are from a lower background than yours. What really matters is how well you are good at trading bitcoin because being able to handle risk and make tough decision like this is apart of trading bitcoin. You always need to know whether the price will rise or not and the way you can do that is to be able to do an analysis and they come up with a possible prediction. The good traders always do this and most of the time they are right and that is what you should go for.
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Lanatsa
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January 10, 2021, 09:52:30 PM |
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The best time to sell is when you see a big profit or increase on the price of the coin or token that you buy or invest in low price. We need to be more patience and we also need to set a limit and stay fucos, because anytime the price may rise or fall so we need to be careful on making a disicion on selling, the best strategy is to hold until the price will reach our limit, because if we dont set a limit we maybe loss a profit or maybe we can earn but in a very small amount.
For people who had able to sell when the price had hit up 41k since now the price had go down or do make out some correction and you had missed out but for those people who do go for long term then this wont really be an issue. Best time to sell will be varying on someone because each of us would really be having their own goal or selling point.Might be a hit or miss on this situation as always. When you are in greens then that what matter most and don't ask for more or else you would really be missing out these chances.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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DarkDays
Legendary
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Activity: 2030
Merit: 1189
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January 10, 2021, 09:59:03 PM |
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The best time to sell, just as it is for buying is something only you can tell, right? It depends on how much risk you want to take, and how much loss you're prepared to take, it is all about striking that fine balance.
As a general rule, I abide by thinking if I am happy with the profit I make, then it is a good time to sell. The best way for this is to calculate a % and if possible always keep to that. So, if your loss comes to 10% then you'd sell, and conversely if you can make above 20% profit then selling anytime before that percentage is filled should be satisfactory enough.
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Viscore
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January 10, 2021, 10:13:37 PM |
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The best time to sell, just as it is for buying is something only you can tell, right? It depends on how much risk you want to take, and how much loss you're prepared to take, it is all about striking that fine balance.
As a general rule, I abide by thinking if I am happy with the profit I make, then it is a good time to sell. The best way for this is to calculate a % and if possible always keep to that. So, if your loss comes to 10% then you'd sell, and conversely if you can make above 20% profit then selling anytime before that percentage is filled should be satisfactory enough.
That's very safe bro, having that kind of strategy will give you a lot of opportunity to sell since the market is very volatile. It could go down and go up by 10% or more, even in just a single day. What others maybe doing or thinking here is selling at a good profit like a high profit of more than 100% and that really requires a long hold.
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CryptoMargo
Member
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Activity: 66
Merit: 13
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January 10, 2021, 11:51:52 PM |
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the use of trading indicators is like this, yes about when is the best time to sell, if you understand trading indicators like MACD and RSI then you will know where oversold and overbought are, and that is the point for selling to arrive, so don't underestimate the indicator, trade without understanding chart analysis techniques is like walking with your closed eyes
But you can't do it without a strategy, either! There may be different situations with indicators (for example, divergence), so the basic trading strategy must be! Just like risk management!
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kram31
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January 12, 2021, 07:49:18 AM |
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
I think you missed to sell your Bitcoin yesterday when it was 41k$ almost each, then it went down to 30k$ plus and now goes up again to 35k$ plus in the market. So, right now you need to hold again a little while then wait for the profit in which you think you already earn in it, just like that.
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Bitcoin577
Member
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Activity: 168
Merit: 11
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January 12, 2021, 02:30:28 PM |
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Tokens price cannot be judge properly. So better thing is that you plan already before investment that when i get 50% or 100% profit from my investment i will withdraw. Then you will no care of either lrice dump or pump. Good inveator always check time and markets and then invest and also withdraw their token at proper time. Hope this will help you
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death69
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January 12, 2021, 11:23:58 PM |
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The best time to sell, just as it is for buying is something only you can tell, right? It depends on how much risk you want to take, and how much loss you're prepared to take, it is all about striking that fine balance.
As a general rule, I abide by thinking if I am happy with the profit I make, then it is a good time to sell. The best way for this is to calculate a % and if possible always keep to that. So, if your loss comes to 10% then you'd sell, and conversely if you can make above 20% profit then selling anytime before that percentage is filled should be satisfactory enough.
I agree with your point. However, people are too greedy to set their own target. Most of them take profit too soon or too late and then they become regret on their decision. Repeating the process can cause negative effect on one's mentality. My rules is greedier than yours. I usually take profit when i hit at least 30%. Sometimes, If I am confident enough, I will wait upto 50% to collect my reward. My stop loss is around 10%-15% depending on how much reward I willing to take
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carlfebz2
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January 12, 2021, 11:34:43 PM |
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The best time to sell, just as it is for buying is something only you can tell, right? It depends on how much risk you want to take, and how much loss you're prepared to take, it is all about striking that fine balance.
As a general rule, I abide by thinking if I am happy with the profit I make, then it is a good time to sell. The best way for this is to calculate a % and if possible always keep to that. So, if your loss comes to 10% then you'd sell, and conversely if you can make above 20% profit then selling anytime before that percentage is filled should be satisfactory enough.
I agree with your point. However, people are too greedy to set their own target. Most of them take profit too soon or too late and then they become regret on their decision. Repeating the process can cause negative effect on one's mentality. My rules is greedier than yours. I usually take profit when i hit at least 30%. Sometimes, If I am confident enough, I will wait upto 50% to collect my reward. My stop loss is around 10%-15% depending on how much reward I willing to take 30% in compounding manner is much more worth rather than waiting for the entire increase of 30% which i do say it is really a greedy act but well its your money then its your full control on it. Best time to sell would really be varying on someones goals and target and when it hits up or reached then thats the time on making up decisions but this will be different and as mentioned some might sell later on and some sell too early. Due to unpredictability of the market then its really hard to make those precise calls and decisions.
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error08
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January 19, 2021, 11:37:30 PM |
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Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
Bitcoin price supposed to increase over time but yeah, the fear of missing out to take the profit when the price increase rapidly and before it starts to fall as we don't want to miss the train. What if the bitcoin price suddenly drops again like 27% in 24 hours, we want to sell at the peak and buy back in the dip to maximize profit, yet who knows that was the peak and the best time to sell. Nevertheless, if you believe bitcoin worth more than that and can hold longer, then just waiting for a higher target than $42k. If you have extra money to spend than buy more, only if you are not chasing profits in a short period of time.
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baruchfinley
Newbie
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February 02, 2021, 02:59:02 PM |
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If you monitor the prices you could really tell when you should buy/sell. Yesterday, i did manage to sell my XRP while it was at .69 before it dropped to oblivion. Check your support and resistance levels as this may help your trading.
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kram31
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February 02, 2021, 03:50:53 PM |
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
If you feel doubt or any fear about selling your coins, I think for me that's the time you need to sell it. But if you see many of the traders are not selling that means you need to hold a little bit longer about your holdings in my own opinion only. And still the market remain unpredictable were no one knows what will happen tomorrow anyway.
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FlashAlex
Newbie
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February 15, 2021, 05:50:41 AM |
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If your talking about bitcoin. You should have the strongest of hands but then its up to you, its your money. If you feel that you've had enough profit then cash out. As time progresses, btc just grows larger in value.
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bitzizzix
Sr. Member
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Enjoy 500% bonus + 70 FS
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February 15, 2021, 06:06:16 AM |
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The most important thing is that you sell it with a satisfactory profit, from day to day the price of bitcoin continues to rise, you should think again and but that's all your decision and right to make a sale if it is profitable and needs it. If you don't really need it, you better save it with confidence so that you don't have any regrets because bitcoin prices are very volatile and can change suddenly. and I personally will still make sales in profitable circumstances but only make the necessary sales or sell a small profit for necessities and the rest I hold. all decisions are yours, you should also analyze the movements of the next few months and find accurate information about bitcoin and so on.
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MIner1448
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Tontogether | Save Smart & Win Big
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February 15, 2021, 10:07:17 AM |
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
That, of course, has nothing to say except that it is necessary to buy at the bottom and sell at the highs. But there is an exception, if you have analyzed the project and there will be events in the future that will affect the price, then you can sell it later, but I advise you to partially withdraw the profit so as not to lose the deposit.
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Hobo66
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February 15, 2021, 11:07:49 AM |
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Always take Altcoin profits every 20 - 25%+ gained. Get your initial investment out and then your surfing for free. Corrections happen all the time. BTC is king of coins and used for long term. Byc is a long-term game. Just ride it out.
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Sinjokubhi
Jr. Member
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Sinjokubhi
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February 15, 2021, 01:48:07 PM |
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
The price of Bitcoin will not continue to increase, there are times when the price goes down. The fall in prices can be influenced by a number of causes, such as economic factors, or the downturn at that time, which occurred when US yields increased to lift the dollar's prestige and hurt paid assets without income. To hold back, I think it depends on how we read the opportunities and market strategies that convince the Bitcoin price to go up. Even though the rising price is not in accordance with our expectations, at least we are sure that the price will increase later. And to buy it, I don't think I have to buy at a high price or wait for the Bitcoin price to drop a little. It all depends on your own choice. My advice, don't spend your funds to buy it, it will be risky. Buy Bitcoin with at least half of your funds to avoid unexpected risks.
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Pokapoka124
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April 11, 2021, 06:25:02 PM |
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You don't need to think much when you are buying something but when you want to sell there is always a fear that what if the price increases? As a boy belonging to middle-class family, I don't have a large share BTC hodling and now I am unable to figure out what should I do? Here are my few questions...... Should I hold for more time? Should I buy some more now only or wait if the price dips a bit?
As a rule of thumb, cash out as soon as you see a decent bit of profit, then buy back in later when it dips. Repeat the routine and you will mostly be fine. One popular advice you will always hear is "buy the dip" but what happens when your "dip" dips even more? Everyone thinks they'll be able to time the market right. But remember the market is very volatile and even the best of us lose trades. DYOR and be responsible for whatsoever the result might be. FOMO is real
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randegibran
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April 11, 2021, 07:09:25 PM |
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Always take Altcoin profits every 20 - 25%+ gained. Get your initial investment out and then your surfing for free. Corrections happen all the time. BTC is king of coins and used for long term. Byc is a long-term game. Just ride it out.
Higher your target way when raise above 25% because I always take profit after raise 5% or 10%, I think depend each other how much percent profit you will sell assets, I think all my coin need waiting three day to raise profit more than 25% and I like with daily day to earn profit, not any risk and keep get income every day and buy back later when price dump.
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