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Author Topic: When sell holding alt coin in profit?  (Read 3412 times)
Untomabur
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February 09, 2021, 06:24:05 PM
 #81

the same problem for old alt token holders ..I myself have more than a hundred alt tokens in my wallet, and until now there have been no tokens that have a good price, especially the worst thing for the team one of the tokens is inactive and there has been no progress ..
It seems you have to be patient until there is a token that has a good price,
I think it's just a matter of time so it's possible to stay patient and follow market developments and movements,
maybe that way you will not lose the moment

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giammangiato
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February 10, 2021, 03:11:05 PM
 #82

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.

It's all related to the type of project, when you become aware of it and when they start getting the first tangible results. It is not the same for all cryptocurrencies, some have great publicity and therefore rise in value first. On average, the results are achieved in 2-3 years, at least for the cryptocurrencies in which I invested

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February 11, 2021, 07:24:58 AM
 #83


When hold long term coins, first thing is to define your goals of to hold for 1 year or 2. Profits are not just the only factor determining why we hold a good coin. Moreover, the profit you make from a coin for holding for 2 years or less will be greater than the one you see holding firm just few months. My opinion is that you define your minimum and maximum hold limits when holding these coins

On the first stage of development of project it is hard to understand its prospectives because founders cannot finish the projects.
I think that it is very important to check what have already been done and how useful will be project in future.
There are ecological projects that help to protect nature from CO2 pollution https://moss.earth/blog/
MOSS is working project and it has done a lot to compensate CO2 emission and to protect Amazon forests.

I checked the price of MCO2 token. It is growing. More and more people buy MCO2 token because they understand how it is important to protect the nature from CO2 emission.
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February 13, 2021, 03:26:15 PM
 #84

If the value of the alternative cryptocurrency suits the holder, he can sell or buy the altcoin at any convenient time. It all depends on what the investor wants. The altcoin rate is constantly changing, so you first need to study the market situation, and then make a decision on the relevance of buying or selling.
the problem is that many new investors are attracted to crypto when the market is in a bull-like it is now. even those who do not have investment and trading skills have an interest in a profit. and it won't give them anything if they don't want to study the market first.
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February 13, 2021, 08:30:58 PM
 #85

I agree we have many new investors running to crypto for the FOMO and excitement of riches.  These people are not seasoned to the emotions.  Studying the charts are completely useless if you invest based on emotion.  I sold 30% of my ETH at $1590.  I have to accept that 30% of my portfolio missed out on the pump higher.  At these highs when the market goes south it will with a vengeance.  In a bull market, there are a few investment strategies you can use right now.  You can either dollar cost average or you can lump sum.  In a bull market lump sum is probably the best thing to do.  Buy and let it ride on the pump.  In a bear market dollar cost average is probably better because you will get a cheap price over time.  Remember no one ever got hurt from taking a profit.  I don't do trading so I'm not the person for that.  If you are a US Citizen I recommend you try to hold at least a year.  it will save you a lot on taxes.

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February 14, 2021, 08:39:11 AM
 #86

You by yourself must decide when to sell your altcoins, for example, I sell my altcoins when the price at least doubled, but usually I wait for the price to rise at least in 5 times minimum, of course this does not always happen, but it happens very often, of course you should always choose the right altcoins for investments in order to get an excellent profit later, so each person decides by himself when to sell his altcoins, since someone sells his altcoins earlier with the lowest profit, and someone later with the greatest profit.
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February 14, 2021, 12:54:43 PM
 #87

I think it's fully depends on you. If you are a holder and you are in 4-5x profit thats a good profit. But if you think that coin have more potential you could hold it further. But when ever you sell a coin don't sell it fully. Every time I'm in profit I sell 30-59% of that coin. And invest in other potential projects. And the rest i just hold wherever it goes low or high.

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February 14, 2021, 01:02:39 PM
 #88

Holding longterm altcoins is a better strategy than short term because it can be said that the profit in longterm is greater especially if the altcoins you hold are longterm investment and you do not have to panic in case the price falls a bit but if you are one short term trader is the best strategy because many people say that traders' daily earning profit is big but the decision is early, it is better to explore first and ask experts about such things.
However it depends on the altcoins because for me not all altcoins are good in the long run,
we have to be able to determine whether the altcoin we want to invest in is suitable for the long term or not,
because if we make the wrong decision, of course we can lose,
and to hold back in the long run also requires more patience. It is not easy for sure

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February 14, 2021, 03:16:43 PM
 #89

Holding longterm altcoins is a better strategy than short term because it can be said that the profit in longterm is greater especially if the altcoins you hold are longterm investment and you do not have to panic in case the price falls a bit but if you are one short term trader is the best strategy because many people say that traders' daily earning profit is big but the decision is early, it is better to explore first and ask experts about such things.

Really depends on the altcoin though. You can say this for Litecoin, Monero, (ETH is almost becoming a monster of its own so might no longer even be an altcoin in the near future).

But most defi/ico coins, like it or not, are really just short term gainers in the end.

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Congyang
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February 14, 2021, 03:20:12 PM
 #90

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 my strategy is to sell when getting a profit of at least 15% that is a safe point, because with a profit of 15% it is good for profit and that can be used as the main benchmark. but all of that is the choice of what percentage of you to sell you can set yourself
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February 14, 2021, 05:51:30 PM
 #91

The right time to sell altcoins, of course, varies depending on the potential of these altcoins, but advice is not to be too greedy in holding altcoins, or you will regret it, don't expect more than what you have got, if the altcoin has got a profit above 20 % -50% of your purchase price, then you can sell it

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February 14, 2021, 07:19:03 PM
 #92

Whats your target when you buy the coins?
If you trust enough to the project but want to take profit, sell some percent of the coins while you still hold some of them, but if you want only the profit just take it all when you feel enough.

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February 15, 2021, 12:46:17 AM
 #93

the same problem for old alt token holders ..I myself have more than a hundred alt tokens in my wallet, and until now there have been no tokens that have a good price, especially the worst thing for the team one of the tokens is inactive and there has been no progress ..
there is no other choice but to wait until price get really high. because for now the transaction fee are very high and if you want to sell your altcoins at a low price you will only be lost by transaction fee.
If the altcoin you hold has a bad team and exit their project, just let it be useless shitcoin.
so, best option is to be patient and wait until the time comes

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February 15, 2021, 02:18:07 AM
 #94

Try to sell with your limit percentage go to it consistently do not assume higher and try to research more about future project of you holdings coin,it necessary to find out if you gonna be have profit so be strictly mind thinker, as i am if i have 15-20 percent gain i'll sell it and try to buy when the price down and also try to another token.

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February 15, 2021, 02:38:26 AM
 #95

If you had invested in something for a long-term purpose, you should set a certain amount pr a target when to sell. Do not hold your coin for too long or else you might end up with nothing. Some coins exist only for a short period, some would even have a huge market hype and ends up going down to almost zero in the long-run. Set a point where you will take your profit.
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February 15, 2021, 02:59:53 AM
 #96

If you had invested in something for a long-term purpose, you should set a certain amount pr a target when to sell. Do not hold your coin for too long or else you might end up with nothing. Some coins exist only for a short period, some would even have a huge market hype and ends up going down to almost zero in the long-run. Set a point where you will take your profit.

You should always analyze and put your expectation in order to anticipate what the assets will give you in the long
run of hlding it. It's important to take your profits in the right time.

Keep doing the right thing and never to get too much greediness to avoid losing money or to avoid missing out
the train of the market bull run.

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February 17, 2021, 02:13:12 PM
 #97

If you had invested in something for a long-term purpose, you should set a certain amount pr a target when to sell. Do not hold your coin for too long or else you might end up with nothing. Some coins exist only for a short period, some would even have a huge market hype and ends up going down to almost zero in the long-run. Set a point where you will take your profit.
great advise sir, i appreciated your thought. its give me good confident to hold. and give me idea about how to sell.
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February 17, 2021, 02:21:11 PM
 #98

I usually have a target price of the alt coins I am holding, like when they reach the ICO price and may profit 50% of the ICO price then that’s a go for me. It really is up to you on whatever price you feel like you have profited then that’s the time you can sell your altcoins.
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February 17, 2021, 05:20:53 PM
 #99

That makes no sense your question, why ask when to sell? For sure everyone will say that the best time to sell is when your investment coins increases, makes a profit and can also return more than your initial capital. in investing you need to determine profit targets. and vice versa the question is what coins do you hold at the moment?

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February 17, 2021, 05:26:08 PM
 #100

Among the very few altcoins I have left I always try to take profit in bitcoin terms as soon as they become available. If any of these coins gains 5% against btc I sell it. With more than 50% I sell it all because after that % it becomes uncontrollable. Bad when the altcoins suffer, I take the risk home and keep them.
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