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Author Topic: When sell holding alt coin in profit?  (Read 3417 times)
kesmex
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February 07, 2021, 02:53:09 PM
 #61

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.
Hold in the long term is very difficult to do except for those who are super patient in holding something, and what is held must be really good and good, because not all Altcoins can be suitable for holding in the long term.
Indeed, if we want to hold coins in the long term, it is certainly not easy,
because it requires extraordinary patience for sure and not everyone can have such patience,
better think clearly before deciding to hold back in the long run,
however I think it comes down to individual decisions

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distr@yopmail.com
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February 07, 2021, 03:25:55 PM
 #62

all I know is to sell when it goes up and make a profit and buy again when the price goes down or is very cheap. it's that simple I invest in crypto assets. but I never choose an asset that is not popular in the market. I only believe in the top market and some popular projects with big exchanges. I am very rarely even have difficulty analyzing a project. even when I follow social media or from the community I will experience panic to sell or buy an asset that is discussed.

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February 07, 2021, 04:11:22 PM
 #63

all I know is to sell when it goes up and make a profit and buy again when the price goes down or is very cheap. it's that simple I invest in crypto assets. but I never choose an asset that is not popular in the market. I only believe in the top market and some popular projects with big exchanges. I am very rarely even have difficulty analyzing a project. even when I follow social media or from the community I will experience panic to sell or buy an asset that is discussed.
This is what I did every trade I have made, sell when in profit and buy at a dip price. Seeing the market in the high price then take profit is a good choice. Following social media an influencer may give an impact to the price but take note only invest on what we can afford to lose. Never invest on the coins that are not popular this will bring loss in your portfolio. Always remember take profit since market is volatile.
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February 07, 2021, 04:32:35 PM
 #64

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.
Hold in the long term is very difficult to do except for those who are super patient in holding something, and what is held must be really good and good, because not all Altcoins can be suitable for holding in the long term.
Every investor is not a long-term investor, mostly they want to make quick money. But as you know sometimes you need to wait for the right day. As you mentioned it is not easy to be patient, long term investing is so hard and you should make the right coin for the long term. l mean every altcoin is not a great choice for long term investing. Everything is possible in cryptocurrency, we must make hard research for choosing any coin for long term investing.

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February 07, 2021, 05:01:46 PM
 #65

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 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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February 07, 2021, 06:43:00 PM
 #66

the old coins that we hold don't change in cost, and this is totally related advancement of the undertaking inside the coin proprietor group. On the off chance that the objective isn't accomplished [ICO isn't successful], at that point the coin won't be recorded. clearly, if the coins we have are of no worth.

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February 07, 2021, 07:14:55 PM
 #67

Now market is bullish, so many assets have grown and a lot of people get virtual profit. Why did I call it virtual? Huge number of people continue to believe in endless growth, when they see x5 or x10 multiplying of their investments. I recommend to create own strategy for selling such assets, because endless growth is impossible and when you got profit, you already can sell small part of the assets. It`s better to earn a little, than lose your investments. On bullish market it sounds strange, but history proves, changes happen so fast, you even couldn`t resist it.

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February 07, 2021, 07:23:18 PM
 #68

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.
Your question is such a noob one, if you hold an altcoin and don't know when to sell it, I think you shouldn't hold that altcoin in the first place, but I understand you might just be making this post just for the purpose of raising your post count which is not an ideal thing in this forum, you should try and make better posts or ask better questions that will help you grow in the platform.

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Mauser
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February 07, 2021, 07:29:51 PM
 #69

For me I don't really have a specific target I want my alt coins to reach before I sell them. It's better to evaluate them right before we need the money instead of having fixed strategies month in advance. I usually try to invest in new altcoins by selling some older holdings which are making a profit. So if I need the money I usually sell the coin which is made the most profit for me.

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February 07, 2021, 07:47:24 PM
 #70

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.

I think the time is right to sell assets that we hold for a long time when the Altcoin price has reached the ICO price or has approached the ICO price. however, not many altcoins are able to return their price to their ICO price once they are listed on the market. so you better sell the altcoins after the price reaches 1/2 of the ICO price. most importantly we can get a little profit rather than not get anything.

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February 08, 2021, 03:18:10 PM
 #71

This is what I did every trade I have made, sell when in profit and buy at a dip price. Seeing the market in the high price then take profit is a good choice. Following social media an influencer may give an impact to the price but take note only invest on what we can afford to lose. Never invest on the coins that are not popular this will bring loss in your portfolio. Always remember take profit since market is volatile.
yes, I avoided them. Those who offer a signal to invest in top assets with initial profits. but it turns out that afterwards there will be offers to buy assets that are not well known to us but already on the market. they're like trapping us. I believe your word to only invest in assets that we can afford to lose. don't even think about following other people.

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February 08, 2021, 03:44:10 PM
 #72

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.

I think the time is right to sell assets that we hold for a long time when the Altcoin price has reached the ICO price or has approached the ICO price. however, not many altcoins are able to return their price to their ICO price once they are listed on the market. so you better sell the altcoins after the price reaches 1/2 of the ICO price. most importantly we can get a little profit rather than not get anything.
Just sell if you are already satisfied with the price, if it is increasing and continue holding if you will just suffer from the fees. I have many altcoin holdings from ICO projects before and even if I can sell it at this moment, it is just not enough to cover the hard work I've used to earn them, not to mention high fees on exchanges which will just be a waste of time doing so. I decided to just keep them in my wallet as a remembrance. But if you do feel that coin has a future because of the project itself, choose to hold and wait. And if not, and also you are aiming to cut the losses, then do sell those coins. It will just be your choice as an investor or user whether to sell or just hold.

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February 08, 2021, 03:56:25 PM
 #73

You can do some trading strategies for you to know when you will sell your altcoins, that's what I always do to save my profits and don't get burned. You can use Mudrex if you want to make some good trading strategies for yourself.

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February 08, 2021, 03:56:44 PM
 #74

This is what I did every trade I have made, sell when in profit and buy at a dip price. Seeing the market in the high price then take profit is a good choice. Following social media an influencer may give an impact to the price but take note only invest on what we can afford to lose. Never invest on the coins that are not popular this will bring loss in your portfolio. Always remember take profit since market is volatile.
yes, I avoided them. Those who offer a signal to invest in top assets with initial profits. but it turns out that afterwards there will be offers to buy assets that are not well known to us but already on the market. they're like trapping us. I believe your word to only invest in assets that we can afford to lose. don't even think about following other people.
I think that each user uses in the cryptocurrency market only that capital that will not harm his home budget. but in order to minimize losses or get a certain guarantee, you need to invest only in those cryptocurrencies that you know everything about. Examples of these are Bitcoin and Ethereum.
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February 09, 2021, 12:23:47 PM
 #75

There are so many strategies and just pick something that feels good for you and, most importantly, stick to it. When in profit take your initial investment out in USDT, ETH or BTC and let a part in the alt you invested in. As long as you do take profits and not getting greedy. Don’t chase green candles, but be patient and don’t get affected by other people taking profits. Always look at yourself.

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February 09, 2021, 01:00:24 PM
 #76

Before I bought an altcoin I had done the analysis first and I did the main thing. after that we make a technical chart to be able to determine buy and sell positions. This will give you confidence when there is a decline because with the basic technique you have, of course it will give you confidence when holding. regarding the target when to sell technically we can also do. what is clear is not to buy altcoins without your knowledge

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lienfaye
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February 09, 2021, 01:10:44 PM
 #77

Why should you ask about when to sell. when you start investing it should be clear when to sell at what price. because if you buy altcoins of course it will be a mistake. you have no guide to be profitable. better learn more clearly about the investment in cryptocurrency. that way you can get many suitable preferences for you to invest in. without knowledge you will get a loss
Thats right, if we invest in crypto its a must to have a concrete plan on when are we going to sell, at what price and for how long. There are coins that it takes months or years before we can see a changes in prices while other coins are frequently moving which is good for daily trade.

Thus its important to know your position and goal because its better to have a plan and strategy to follow. Hence you wont get confuse about when to sell since you already know when is the perfect time to do it.

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max6575
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February 09, 2021, 02:36:19 PM
 #78

yes i need to sell my ferrum token of 270 unit as return with the past work but due to high network fee i hope the price might still be higher as those goes down to normal. as the difference to requres of least 20 dollar with the return if i sells today with current net fee rate.

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February 09, 2021, 03:12:02 PM
 #79

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 ..

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February 09, 2021, 05:50:19 PM
 #80

at the point when cost is higher financial backers may have with alternative as shutting with length on contrast as qualifying various perspectives on choice with the exchanging. to get plan and follows with broad as overseeing same of comparable system with the exchanging chips away at bitcoin account

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