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Author Topic: When sell holding alt coin in profit?  (Read 3412 times)
grabpopcorn536
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May 18, 2021, 01:39:08 PM
 #161

Why don't you think about taking your capital out of the market and letting your profits float in the market. I think this will be a good way for you not to miss out on long term returns on any crypto investment.

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May 18, 2021, 02:20:46 PM
 #162

This depends on the personal investment goals that you have set for yourself when you were buying those altcoins. If you intend to hold long term, you can do that & if you intend to get make some quick money, you can sell when you are in profit.
Nonetheless i always advise that investors occasionally take profits when they are in profits and they can buy more when price dips

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May 18, 2021, 03:59:42 PM
 #163

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

depending on the target you want, if you only want 100% profit, then you have to sell it when the price has gone up according to your target, because you can't be greedy if you want to invest in cryptocurrency, so when you get a profit, then you have to satisfied with the profit you get, because we never know when the market will go up and down, so of course if you are greedy (don't want to sell it when the price has increased according to your target), then of course you can lose your money, because the price can go down very far at any time.


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June 02, 2021, 02:01:18 AM
 #164

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

depending on the target you want, if you only want 100% profit, then you have to sell it when the price has gone up according to your target, because you can't be greedy if you want to invest in cryptocurrency, so when you get a profit, then you have to satisfied with the profit you get, because we never know when the market will go up and down, so of course if you are greedy (don't want to sell it when the price has increased according to your target), then of course you can lose your money, because the price can go down very far at any time.


you are right. And I understand what you said. But can you tell me which target would be the most accurate to sell any token or coin? Any advice that will only benefit the seller by 95%.
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June 02, 2021, 02:20:40 AM
 #165

I suggest that if you hold altcoin assets and you don't really need money, then you can implement long-term investments, as happened to the price of Dogecoin which in my opinion has a very good history of rising price movements and set the best price increase record because it can get a lot of profit for who still hold Dogecoin when the price is still cheap and can make a profit of more than 1000%.
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June 02, 2021, 02:48:11 AM
 #166

I just experienced the question asked! I have held a certain coin for more than six months and all through the price rise in the first quarter of this year, it was just there.  At the very ATH of ethereum,  it was 3x and I  thought there is still room for growth.  Unfortunately,  we later find a code that was not functioning as it should and that brought down the price to ATL!  Holding altcoin is risky.  But when you hold bitcoin,  you are safe!

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June 02, 2021, 03:02:24 AM
 #167

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.
If you see that your initial invested fund double or triple better get the initial investment and then hodl the profit until you see and feel in yourself that its the amount that you wanted. Another way is get any possible profit from the long term token that you hodl especially if the profit is in very good amount.

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June 02, 2021, 06:08:26 AM
 #168

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.
Crypto market is like a rolling ball, there wil always be bear market and bull market so the best time to sell is bull market and the best time to buy is bear market, take profits and wait for the whole market to crash before buying back again

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June 02, 2021, 06:41:55 AM
 #169

In my opinion, selling altcoins would be much profitable if you sell it when the bullish market comes because lots of crypto will increase in that time. Right now the market is in bearish state so it would be best if you hold your altcoins or buy more crypto with potential.

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June 02, 2021, 07:28:47 AM
 #170

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.
We can only calculate profit in our head when the market rises in price. However, we will not actually have it if we do not sell our cryptocurrency at this time of its growth. We will only watch it increase as the market rises in price, and then calculate the losses when the market starts to fall. Of course, the most important thing here is to choose the right time to make a decision to sell cryptocurrency. Here we have to do it ourselves. In practice, the success of our entire activity in the cryptocurrency depends on this.

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June 02, 2021, 07:56:57 AM
 #171

I suggest you set a target price to sell in advance and place a sell order on the exchange,the advantage of this is that once the price of the coin reaches your target price, it will automatically sell. If you don't place the order in advance, even if the price of the coin rises to your desired price, you may hesitate to sell at the end and miss the opportunity.

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June 02, 2021, 10:43:50 AM
 #172

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.

For me crypto currencies are a long term investment, I don't have specific time line when to buy and when to sell. It is either that when I need money I look which alt coin has the best profit and I could sell it. Except for potential profit today I also look at the profit over the next 6 months. In my opinion its better to evaluate the coins on a weekly or monthly  basis instead of fixed time periods when to sell.
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June 02, 2021, 12:14:03 PM
 #173

When should long-held alt coins be sold? When to sell even when we are in profit? That doesn't make sense. Let me know if there is a suitable alternative to this issue.
If you actually held an altcoin for long term that means you only desire to sell it when the price eventually rises, so long term held coins should be sold when your targeted profit is met by that coin, if you are in  profit sometimes its much better to walk away with the profit you have at hand, but if you believe that the coin is still undervalued then you can hold till you feel you have gotten enough profits from it, the only solution to this, is not to be too greedy and always want too much profit from one coin.

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June 02, 2021, 12:54:26 PM
 #174

It depends if you are holding good altcoins, then you can gain profit. But if you are holding shitcoins, then no matter how long you will hold it, it is still useless and bring you loses. Sell your coins if you think you gain profit even at 30-50%, don't be greedy to avoid losses.



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July 17, 2021, 11:25:37 AM
 #175

If you ask such a question, the most appropriate answer is only your own personal.
Investing in the world of cryptocurrency requires patience and research to make a profit.
If you invest with cryptocurrency you can do research first for the coins you will hold.
There can join the official group on telegram or read its whitepaper for its vision and mission.
When is the right time to sell?
You can check at what price you bought the coin.
If you have already benefited you can sell it, if you are optimistic the price will always improve, you can hold it first and of course this requires proper research.
If the price of the coin gets worse.
The most appropriate thing you should do is to be patient and keep track of the progress of the project.

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July 17, 2021, 11:36:19 AM
 #176

There is no certain "when" for selling. Everyone has their own price goals set. It's better for you and people like you to do the same also. Because when you determine at which level to stop, things become way easier. But if you don't care about it, you don't know when to bridle yourself. Greed can take in charge for you and you can get really bad results.

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July 17, 2021, 11:41:44 AM
 #177

You sell a hodling altcoin that you have in your bags when you are in profit; you cannot be confused about selling in profit; because you know your buying price, you know the present trading rate; all you have to do is calculate your profit percentages then decide to take it or wait for more profit margins. I do no think there are other  alternatives.

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July 17, 2021, 12:15:21 PM
 #178

Personally I will sell the coins that I hold when the market is up and stable. If indeed I think it is already more than the ICO price then I think it is already profitable. Not all coins fared like that. There are some coins that have been held for a long time and finally have no value because many new coins appear in the market. I felt that way and of course it was disappointing. When I will sell the coins I have I will see if the market is really good or not. Observing the market is important, we don't have to watch it continuously because it will make our minds waver. Do not let because our minds are indecisive we actually make the wrong decisions which will harm our assets.

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July 17, 2021, 12:28:59 PM
 #179

you have to understand technical targeting, usually taking only 10% it's big enough, more than that I think is too greedy, with the current market conditions, it is even advisable to stabilize only 5% profit with short trades so as not to regret when the price falls quickly.

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July 17, 2021, 04:07:37 PM
 #180

when you need, as today do you have an urgent need? or maybe it's enough profit for you for now then it's time to sell it, nor do I think it will be continuous to generate utungan, there is time to take all our assets in cryptocurrency.

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