When sell holding alt coin in profit?

[goolesby]

Momentum that can be the right time to sell crypto is when the coin price is high. In investing there is one rule that investors need to remember, namely Buy When Cheap and Sell When Expensive.
Rapid price swings make crypto asset investors also need to regularly monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time.
If you get that time, then you should sell some of the coins you have.

[rahmathidayat93]

Any coin I hold is for the purpose of gaining profit and by this, I mean to double the acquisition price. For me, I will sell any altcoin during the pump only when I need money for something and couldn't get it elsewhere.

It's just part of your own strategy and your personal desire, because everyone wants to get a lot of profit even though not in the same way, because everyone's strategy is very different in terms of looking for profits.

[viananda2525]

it is easiest thing to do by traders actually  and no need any skill. We could sell our crypto assets when its value increase as how much our target. when it rise 5% and its be our target than close it and dont open again till new valid signal occur again. alot traders didnt dicipline with this trade plan and let their  positon opened.

[BobK71]

Cryptomarket is a technical place. It remains to be seen who will be able to buy first and who will be able to sell first. In the middle of this, it is up to him to apply all kinds of techniques for making profit. Basically we all hold altcoins to get good profit. But when you hold or sell is entirely up to you. I think if you think that after buying any coin you have made 10-20 percent profit you can sell it. It will actually depend on the market conditions.

[Digital_Lord]

If you have set any target profit or target limit then you should sell at that price and shouldn't be greedy. But If you have not set any target then you should sell your asset in parts by small prices difference. You can sell in 5 parts. Sell 20% in every part then maybe you will be satisfied by profit.

[CaptainCrapper]

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 you market is going too much pump just like BTC or any upcoming news this time you will hold your alter token and when you see the market going to down or coming to some bad news this time you will sell your stock and reserve USDT for good time buy something again when come market will move to thank you.

[darahjuang]

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.

What old coin name are you keeping so we can tell you a suitable alternative. Maybe the old coin you saved is Dogecoin. If it's true, then it's better for you to just hold it for a time that we can't mention. Because right now Dogecoin can't give you profit.

[Wulan_maniez]

It's good if you don't get greedy because you want to take a lot of profit. Moreover, the upward trend of altcoins is basically because
bitcoin is bullish. But in crypto investing, we can never accurately predict where bitcoin will go which is followed by all altcoins.
So sell your investment coins at a time when bitcoin is bullish, because if you buy coins when the market goes down,
then you've pocketed a profit. Set your target!

[btcltcdigger]

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.

My personal strategy is that i set a price at which i sell half the bag.
For example ADA, i sold the 1st batch at $1, and second batch at $2.
And i've been HODLIng it for more than 2 years

[aquafinewater]

Yes altcoin holding for long term may b risky but if we do with statergy then get a great benefit always buy altcoin In dip and then chk resistance and hold for a target now days altcoin session is coming so get a best benefit

[TheListener]

Now days altcoin perform best movement because bitcoin movement is very best so it's time to get a benefit from altcoin in one or two month altcoin going to moon always book a short profit from altcoin because altcoin is risky .

[Sweetbtc]

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.

At least I will sell whenever I have enough to purchase and own my own house/property. Doesn't mean I will stop investing in crypto though but right now, my goal is to buy a house. I don't need to be rich. Im just aiming to be comfortable.

[Devifajarina]

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 have been holding Altcoins for so long then you need some alternatives for now, if you don't want losses to befall you, the current market conditions for altcoins are not easy, you have to be really observant in looking at them, when you get a chance to sell, You have to give up all those altcoins.

We usually get this condition at certain times, such as the state of the doge at that time, and almost all altcoins get that moment, both long term and short term, still monitoring current market conditions, whether normal or not.

[mumang siat]

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 the coin gets the best moment, that's when you have to sell it, conditions like this are usually rare, but almost all coins experience that opportunity, these opportunities usually occur at a certain moment, whether planned or not.

This case actually happened to coin doge yesterday, so people took advantage of this condition, to sell all their stored coins and I'm sure this condition will also be experienced by other altcoins, both in the near future and in the long term.

[JohnBitCo]

when to sell & when to buy? yes of course you sell altcoin hodling that you have in your bag when you make a profit. You should not be confused about selling profit, because you know your buy price. You know the current trading rate all you have to do is calculate your profit percentage then decide to take it or wait for more profit margin and I think simple.

Actually it's not complicated to run and understand because everyone always likes to buy at a low price, then sell it at a high price even though you have to be patient for a certain time because it's not necessarily when you buy it, the coin will go up immediately.

If you buy a coin from the support, then most likely it will go up from your buying price. Most people usually does not know trading and buy the coin just based on the wish that it will keep going up.

Also you should always buy the altcoin with stop loss, so that if the coin prices start to dump, your portfolio is not stuck due to this reason.

[sirminesalot]

this goes back to our goal of holding back in the long term. if you aim to profit from it, then sell when the price is high. if you intend to use it to stake, or farm, then hold on and use it for that. because the question is when is the time to sell after a long hold, then the answer, when you have made a profit, because I think holding it for a long time and selling it when you are losing, is something that doesn't make sense, unless the coin goes into a scam, or never grows.

We're not always have to sell in profit if we're doing a mid term or short term trade, sometimes we have to manage loss by cutlossing before we lose too much. Stop loss is always on in every trade we made because it's recommended by the professional traders also. So i think it's all about risk management and how we manage loss to make other profits.

[Pelana vreo]

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.

Every investor has a way to take profit, Hodler is a good choice when the market situation is bearish, I will hold altcoins that I think are good for long term investment and hope one day the price will rise to 1000%, there are 2 lists of coins for long term investment long like BTC and ETH, but there is no guarantee of profit when you need money if you sell your portfolio when the market is down, DYOR

[DonFacundo]

We have different goals when to sell our coins some people prefer to hold for long because they see their altcoins that it will increase further in the future and some just taking profit right away. It's up to you what is your desire price to sell your coins.

[Rigon]

If we hold on to something in the hope of making a profit and then a good profit comes from there, then those coins should be sold.Sometimes we hold a coin and at some point it will be seen that the price of that coin has gone down a lot. Hold on, don't panic.Once you see that if you get a good profit from the coin, you will sell it immediately.If the value of the coin is good, then you will see that one day or another good profit will come from your held coin.

[istiak2277]

It's up to you when you want to book a profit. But if you are profit in a position then remove your seed money first then you can keep that position forever. But the most common way is to follow the trend. If you are in profit in a coin then withdraw your seed money first then keep that position as long as that market stays bullish. Exit from the market if trend reverse and market sentiment became bearish.