When sell holding alt coin in profit?

[Review Master]

You can't be thinking that the market will fulfill your wish that holding 2 years from now you can sell your coins at a high price.

If anyone think that top alts will give huge profits in the long run, than it's ridiculous to have faith on any alts. Just look into litecoin on btc pair, it's slowly going to downward likely slow death is on the way. So, it's better to take profit from alts and shift that profits into bitcoin.

I think that was enough because it was a waste of time being a holder forever with no ROI.

It's a hard truth which everyone needs to maintain and more profits means more greed which will lead to huge losses.

[terible.hunter]

As we all noticed the cryptocurrency cycle is 3 years. But I don't think it will be the same next time. A lot of people sell their assets during the fall of cryptocurrencies, because it is at such moments that emotions prevail most of all.

[isaac_clarke22]

~

You already answered your own question, OP.
You're selling because you already earned your profit even it is just a cent.
Your only constraints would be from the profitability of the coin and how much you really need to earn/

[redsun114]

why do you still think this is a problem? you who have managed a portfolio and you also know the price when you buy, you should also know at what price you will sell it, if you already get enough profit then what are you waiting for?
buying cheap and selling high are the principles that investors and traders have

Things are not always that simple, sometimes there are things unexpected to you and that is when you have to end up with making a decision based on things that you didn't planned to begin with. Sometimes everything looks great and you buy at the "bottom" and it goes up afterwards but then afterwards there is a huge crash and price goes down more than you can imagine, and it ruins everything you planned about.

Of course this is not always common but it does happen time to time as well. Or maybe you planned on selling at a certain price but one day you wake up and the price is waaaay more than you planned? Who knows what could you happen. Basically you may have some plan about when to buy and when to sell but life can change all of your plans, maybe you or someone you love will become sick and you need to cash it out? Basically life is not always ok with your plans.

[Danslip]

There is no perfect timing on altcoin markets, the best option is to get rid of the bought alternative cryptocurrencies is a time when the whole market is green. If you hold more than it is required, the loss series will suck the whole balance one day. If you can't wait for the green market, selling at the loss is not a smart trading method. Altcoins have a higher potential on long-term investing because it is meaningless to expect a %300 return on the investment for top cryptocurrencies, especially for BTC.

[pixie85]

When should long-held alt coins be sold? When to sell even when we are in profit?

The point of investing and trading is not to break even but make money. If you're breaking even you're losing money, even if you don't see it on paper because you are wasting time and time is money.

It's up to you what profit you see as high enough. For a big investor 2% is going to be a good profit because they often invest 20 million dollars or more so that's 4 million made on 1 transaction.

[Congyang]

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.

old coins were sold when the price had increased significantly and the sales volume was already high. for the exchange problem I think it doesn't really matter as long as the exchange has a high trading volume it will definitely be easy to sell our altcoins

[k@suy]

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.

When to sell? sell your coin if you are already happy with your profit. always do that in every trade that you do, when you feel contended sell it, this may sounds funny but ask other trader or coaches this is what they will told you. Tp when happy to avoid being greedy, and also you may see and chart first before making such decision so you will not have regrets as well. Charting is the best answer to you questions, when you will sell and how long you will hodl.

[tvplus006]

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.

You should fix your expectations which must not be over 20 times higher. Altcoins pump can be fixed by analysing the total supply, volume and exchange. Top exchange listed altcoins have a high chance to high pump. During bullrun single announcement is enough to return high profit. I think 5 times is enough from a single altcoins bought before bullrun.

In a bull market, this strategy will be more correct, when we pull the stop loss to the current price of the coin, while it continues to grow. Thus, we will not have such an option when we sold the coin too early, which continued to grow by hundreds of percent in the future.

[tyz]

You should have a goal when to sell a coin you hold. Holding for too long will might gives you not enough result or not enough profit. It also depends on your management risks, as for me when I’m already in profit I sell to take the opportunity of the highest peak of the price. So selling at a peak price and buying when in the dip since in crypto there is always the opportunity to earn.

Having a goal and sticking to it when the time comes are two different things. When a goal is reached, greed usually comes along and you think it could go on like this. It can, of course, but at some point prices go back and mostly pretty much, so that one would have wished to have stuck to the goal. You need discipline and you have to suppress greed. Only then does setting a goal make sense.

[sgenuine]

why do you still think this is a problem? you who have managed a portfolio and you also know the price when you buy, you should also know at what price you will sell it, if you already get enough profit then what are you waiting for?
buying cheap and selling high are the principles that investors and traders have

There may not be big profits, but there will still be a stable income. The main thing is to choose the right project. Yes, you can get really big income only from leading coins such as Ethereum or Bitcoin. And then only those who managed to buy on the decline in prices. Such a season as it was in 2017 can no longer be expected.

[Banulit]

If you have seen that there is a huge opportunity to gain a very good amount of profit then sell your long term hodl altcoin because we cannot even say when will the market will fall knowing its volatility so always take profit.

[Sendi blackspade team]

If you have seen that there is a huge opportunity to gain a very good amount of profit then sell your long term hodl altcoin because we cannot even say when will the market will fall knowing its volatility so always take profit.

it's a very simple strategy. but sometimes people can't handle their emotions to get more benefit. it can make them lose money. It would be better to leave if it is profitable and enter again if it is a better moment to get more assets at a lower price.

[ancafe]

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.

When to sell? sell your coin if you are already happy with your profit. always do that in every trade that you do, when you feel contended sell it, this may sounds funny but ask other trader or coaches this is what they will told you. Tp when happy to avoid being greedy, and also you may see and chart first before making such decision so you will not have regrets as well. Charting is the best answer to you questions, when you will sell and how long you will hodl.

well, in general, we will sell it when the price is really suitable for us. the point is, the finances. If you feel that you have benefited from it, and it is worth the results of holding it for the long term, it is time you sell. I personally have a target for this, and I will sell when my target is reached. Like, when Ethereum was still $ 300, I would probably keep holding and collecting Ethereum until it hit $ 800. however, those higher price increases disappointed me, but that was the target I gave myself.

[acener]

I would sell my holdings when it reach the price that I am or if I gain the profit that I want.
For me it would depend on each holders not everyone have the same idea so you should decide it on your own,
I have some bad experience in taking profit so I wouldn't give some advice when it comes to it everyone should decide it for their own.

[Jocuserious]

It's not a quality topic for me because buy altcoins and sell it's decision in your opinion so that's why i won't recommend you without mention token name. After buying altcoins if you gonna looking profitable chert then you should sell. So im sure if you have no more commonsense about crypto market then you should wait future.

[ije07]

everyone will sell coins when they actually see that the price of their coins has increased, can close their initial capital, or even make a big profit and then sell. So what are you confused about this? Or do you have some really good coins and you are confused between selling for a profit or waiting for them to rise even higher?
I hope you can take it into account, my advice is not to be greedy. And if you're not sure, sell some and keep the rest.

[HaekalZ]

not every old coins will keep maintain its price,it's all depending on the development of the project of the coin itself.
If the projects is failed, then it will be gone forever and wont be listed in the market.
for me, i still hold one of old coins i keep since 2017 morph, and these days it keep increasing.

[dainoran]

first, i will find the most trusted coin by the investors, then i'll hold it for my long-term investment. don't hold any coins carelessly.
i always hold it for 1 or 2 years. so i shouldn't check the market frequently. sometimes i always forget what coins that i hold. i'll sell it when the price give is high and give me a really big profit.

[SacriFries11]

if you want to get a lot of profit then you can sell it when the price is still cheap, it is sometimes very difficult to wait for the price to rise and no one knows when is the right time to sell assets at high prices, there are still ways to still be able to sell assets at high prices You can place a sell order at a high price so that when the price goes up you won't be too late to withdraw the asset.

They can set any amount they want if they are satisfied with it. If they are not monitoring well the market they should probably do this in order not to late for them if the price suddenly fall. Market todays are more unpredictable you do not know where and when the price will up and down. If the token is new and become listed to good exchanger it will definitely pump maybe 1-2 weeks. In this time, you can sell them or hold if the project has potential in the future. I will sell if the profit will satisfy me and I'm happy about it.