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Author Topic: When sell holding alt coin in profit?  (Read 3417 times)
CaptainCrapper
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August 16, 2021, 07:52:35 AM
 #261

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.
In this market there is no belief any time can change any movement so if you feel good profit you should mast recover your profit as soon as possible so what you will do depends on up to you. But my advice is you can take profit and from profit, you can trade again and again this saves way.
Theones
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August 16, 2021, 04:23:10 PM
 #262

I dont think there is one single rule of when to sell, it depends on your strategy.
First, I bought BTC when it was at 10k and happily sold it at 20k and 25k.
Secondly, I bought BTC at 50k and sell it at 32k.
From what I learn from my experience is that set a target price and sell when that target price is achieved. In other words, don't greed.

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August 16, 2021, 06:13:25 PM
 #263

I'm sure everyone expects a profit when selling their atl. when the right time when determining hold or sell is the choice of each person. sometimes when we hold alt we can experience losses or even double profits. My advice is to do an analysis first about the development of the project from the alt you have. if you believe the project will succeed then you better hold on.

Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news  https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.
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August 16, 2021, 06:23:45 PM
 #264

In short, buy when prices are low and sell when prices are high. but we need to pay attention again so that we are not greedy by continuing to increase the estimated profit that has been set previously because we are afraid that the price of the coin may just fall. as a result we will experience a loss of time because we have to wait for the market to rise again. It's also important for us to often monitor market developments so that we can always update coins that have good market prices.

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August 16, 2021, 06:30:16 PM
 #265

As long as you have profit you should take opportunity or probably try to sell 20% after that if it still keeps increasing sell another 20%, you should remember that no matter how much as long as you are in profit you should take the chance because you will not know maybe soon the price will start crashing and instead of gaining profit you will lose money.
just like me when I get 20% profit I decide to take profit of the capital after the rest I hold back in the long term to get the maximum profit
indeed we have to be more careful to analyze the market because the market can change quickly and we must be able to choose the right choice when the market changes to bullish or bearish

The hardiest part of this business, decision making in each market trend is not that easy,

You need to have lesser emotions and you need to make sure that you fully understand the coin or assets that you are holding.
the fate of your investment relies on how well you trust the team and how deeper your knowledge with the development of the project,
it helps you a lot to continue working with the project if you know that there are more to offer.
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August 16, 2021, 06:52:14 PM
 #266

I have a plan, I bought cardano and  will sell out Cardano - 20% at 4$, 25% at 10$, 25% at 20$, and 30% will hold till 2030 or 30$ which comes first.
Similarly Xrp 20% at 3$ 50% at 7$ and hold 30%
With mana is the same like XRP.
With money Will buy around 5-6 properties.
 That’s my plan but what will happen will see

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Iminingpro
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August 17, 2021, 05:33:35 PM
 #267


Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news  https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.

Cryptocurrencies provide many opportunities for the banking and financial sector, allow you to make fast, cheap and secure payments, and therefore banks pay attention to cryptocurrency projects.
gurunanakji777
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August 17, 2021, 05:40:54 PM
 #268

This market is quite volatile as compare to other markets I would suggest always set a target point that you will be exit so you do not need to repent later and you must be happy when you achieve your target don't be panic if the coin keeps going up and the other way is always take out your principal amount when you are in good profit after that you can close your position any time whenever you want because your risk will be zero.

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August 17, 2021, 05:50:27 PM
 #269

when people seeing that this token is going pump fast many people of them will do an investment without any research, because of doing hurry up many people get big loss so first, you should get knowledge about that token if you get good things about a project mean it is a good and trusted project and also it projects going famous then you can make investment and also you can hold that token.



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Insomnia family
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August 17, 2021, 06:04:26 PM
 #270

when to sell? : when the coin price goes up
why sell? : I feel a big profit
anything can make sense and vice versa, but in this case if you have been buying tokens for a long time and today the coins have increased beyond your set target then here is your chance to enjoy the rewards. sell some and keep the rest.

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letyouearn
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August 17, 2021, 08:57:04 PM
 #271

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 have some levels specified in your mind or written somewhere before you see that the price is much higher than you expected. Otherwise you risk to be late and never sell your coins.

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btc78
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August 18, 2021, 08:22:35 AM
 #272

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 is your desire and also your trust on the coins you are holding.

Example if you are Holding Ethereum or Binance .

Do you think that you can just easily go out from holding when you know year after year the value is increasing ?

https://coinmarketcap.com/

Look at the market mate, those altcoins are makin great and now to be held for long term is the best solution to make money .

Never let go of best coin if you can afford holding.

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August 18, 2021, 08:44:08 AM
 #273

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.
In my opinion, there are 2 ways you can set the right time to sell your coins.

1. Sell the crypto coins you have when the price is soaring.

2. Prices Rise in the Short Term
The fast price turnover makes you also need to regularly monitor the coin price. 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. Usually this condition occurs for small coins whose price range per coin is not too high.

So, if you feel that the coin will rise again in the future, then just sell some of the assets you have so you can still earn money.

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August 18, 2021, 07:35:08 PM
 #274


Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news  https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now many banks are studying blockchain technology and cooperating with cryptocurrency startups that offer to apply blockchain in the financial and banking sector.

Now cryptocurrencies are extremely popular, especially investors are interested in projects working in the financial sector, which is why projects connecting cryptocurrencies with the banking sector are so popular.
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August 18, 2021, 09:02:13 PM
 #275

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.

Each trade must have a value of the capital you have invested in buying altcoins, and you must have a target profit and target timeframe that you want. if you have reached the profit target then you must immediately sell it even though the target time you set has not been reached. but here we are all looking for profit and not determine the time.

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August 18, 2021, 11:02:46 PM
 #276

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.

Each trade must have a value of the capital you have invested in buying altcoins, and you must have a target profit and target timeframe that you want. if you have reached the profit target then you must immediately sell it even though the target time you set has not been reached. but here we are all looking for profit and not determine the time.
Trading is not as easy as imagined. the theory is to buy cheap and sell high, but to determine the right timing is not that easy. we have to do an analysis, we have to train mentally and emotionally so that we are not easily influenced by fomo, fud, etc.
at least we must have self-control, understand well that crypto is very volatile, whatever profit we can be grateful for. I hate it the most when there are people who regret selling their assets at a price of xx$ then the next day it rises to xxx$, come on... regret is useless. it's better to be grateful for it so that our mental and psychology remain good.

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August 18, 2021, 11:25:23 PM
 #277

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.

Each trade must have a value of the capital you have invested in buying altcoins, and you must have a target profit and target timeframe that you want. if you have reached the profit target then you must immediately sell it even though the target time you set has not been reached. but here we are all looking for profit and not determine the time.
Trading is not as easy as imagined. the theory is to buy cheap and sell high, but to determine the right timing is not that easy. we have to do an analysis, we have to train mentally and emotionally so that we are not easily influenced by fomo, fud, etc.
at least we must have self-control, understand well that crypto is very volatile, whatever profit we can be grateful for. I hate it the most when there are people who regret selling their assets at a price of xx$ then the next day it rises to xxx$, come on... regret is useless. it's better to be grateful for it so that our mental and psychology remain good.
"Buy low,Sell High" this had been always the common set up or the simpliest idea about trading.Simple as it sounds but its hard when you are already on the actual situation.This isnt just involving
simple buying and selling because with this very unpredictable market it is really hard to tell on when to buy and on when to sell for profits and with some mixed of greediness then there are
really times which we do hold for more longer believing that the coin might shoot up or pump even more but in most cases we do really get caught in the dump and would end up on lesser
profits which is really a regretful thing afterwards.
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August 19, 2021, 02:52:54 PM
 #278


Cryptocurrency projects in the financial sector are very popular now. Many banks actively cooperate with cryptocurrency startups in order to use blockchain technology in the financial sector. Here is the latest news  https://www.benzinga.com/general/movers-shakers/21/06/21366087/top-nft-and-defi-projects-to-watch-in-2021

Now cryptocurrencies are extremely popular, especially investors are interested in projects working in the financial sector, which is why projects connecting cryptocurrencies with the banking sector are so popular.

Cryptocurrencies are a significant competition between banks and the existing financial system. That is why banks are carefully studying this technology.
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August 19, 2021, 09:11:40 PM
 #279

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 you should sell it when you have profited from it. if you don't get a profit then you should hold it a little longer. because we are all looking to profit from all the altcoins we have bought. but there are times when we have to sell at a loss if the altcoins we have no longer have volume and the price is decreasing every day. so it is better to lose a few assets than to lose all assets.

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August 20, 2021, 12:11:51 AM
 #280

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.

Of course in the concept of trading anywhere, buying low and selling high. In crypto trading we also need to do the same thing. However, crypto has a fluctuating nature so that the price will drop lower than the purchase price. Of course in this kind of condition we need to hold it.
What we need to pay attention to from crypto is whether it has a chance to reach high prices. Because there are some cryptos that are basically high but then the price goes to zero.

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