when is perfect time for selling???

[Zacon]

i mined some different coin in last two mounts
i want to know when is the perfect time for dumping in an exchange?
almost all of my coins are in exchange and they had good price at beginning
but after awhile the price is dropped painfully
so, any suggestion for perfect timing?
thanks
btw, newbe here
 

[rikkie]

I have the same questions; I have a lot of different coins. But don't know if it's now the time to change them.

[hilariousandco]

Sorry to say but if you've mined a lot of crapcoins they've probably already been pumped and dumped and are unlikely to recover much if at all. All you can do is wait for the price to rise and sell, but nobody can tell you when this time will come.

[rikkie]

I think to try to change all my coins, except a few like litecoin, devcoin, dogecoin

[Zacon]

so what you guys think about btc price?
do you think this will rise again?
i believe if btc price rises, other will rise as well

[rikkie]

I hope so. I think also it goes a litte bit the same way. If bitcoin goes up or down, most of the others coins do the same thing.

[hilariousandco]

so what you guys think about btc price?
do you think this will rise again?
i believe if btc price rises, other will rise as well

Yes, it will likely rise and then fall and probably shoot up at some point then rinse and repeat the whole process. A lot of alt coins do seem to rise along with it as well, but don't hold your breath for a lot of the crapcoins.

[cech4204a]

Bitcoin price of over 1000$ per piece was an obvious balloon, but in future, when acceptance will grow, price of 1000$ will be normal. Main question here is global/mass adoption, btc need promotion and media to grow rapidly. Like every investment it has phases, now it's so called correction phase, but i belive that price over 1000$ is on horizon very soon. Big players of price set is also possible war in Ukraine.

[rikkie]

Any good tips to know what coin is a good one and which one is a 'crapcoin'.

[sanjoea]

When you think the market will go down, sell it at lease you can avoid big loss

[hilariousandco]

Any good tips to know what coin is a good one and which one is a 'crapcoin'.

Pretty much any alt coin that comes out now will just be a pump and dump crapcoin. If it's just a clone of another and has a stupid name or gimmick attached to it then it's a crapcoin. Also avoid pre-mined coins because those are scamcoins as well as crapcoins  .

[zeeshanblc]

wait for another balloon, like one when price went up over $1000 very fast, $50+ per day rise for couple of days...sell then
 

[hilariousandco]

wait for another balloon, like one when price went up over $1000 very fast, $50+ per day rise for couple of days...sell then
 

I suspect many people are waiting for this balloon. Was there any know causes for that last sudden massive price hike?

[lepirate]

I think to try to change all my coins, except a few like litecoin, devcoin, dogecoin

I think if you want to have money in alt-coins, stick to litecoin. A better idea would be to change them all to BTC.

[frogDog]

I would not sell BTC at any point, unless you really know what you do. You probably end up with less...

[lepirate]

I would not sell BTC at any point, unless you really know what you do. You probably end up with less...

No why would you? You have to remember to HODL!!!

[RawDog]

i want to know when is the perfect time for dumping in an exchange?

Buy low - sell high.

[nostradamus]

Sell approximately upon arriving or shortly after reaching the moon.

[jparsley]

If they are new. U should sell once it hits an exchange

[Nxtblg]

i mined some different coin in last two mounts
i want to know when is the perfect time for dumping in an exchange?
almost all of my coins are in exchange and they had good price at beginning
but after awhile the price is dropped painfully
so, any suggestion for perfect timing?
thanks
btw, newbe here
 

Sorry, but it's really difficult to more-or-less time the market. That's why so many miners insta-dump and hope that the price they get averages out over time.

The only way out, as others have suggested, is to mine a coin you examined carefully for growth potential and hold what you earn. Then, mining's a lot like a long-term investment. There's a side benefit to playing the mining game this way: as a "dedicated miner," you'll make fast friends in the community of the coin you're mining. These days, with multi-pools running rampant all over the place, a dedicated miner is a real asset to the coin. The community will recognize it - and you!