Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ferki on February 05, 2021, 05:29:20 PM
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
-
As a trader that always plan your entry and exit, it is always a welcome idea to exit ones your target has been reached. However in the case of long term investment, if one believe in the long term potential of their holdings, then it's a good idea to keep holding, especially when they believe the assets has not gotten the kind of penetration it can possibly attract.
-
It is based also on my experience.
Sell if it has reached the target.
Well, it seems sometimes to regret what we have sold. However, we will regret more if not selling the coin or token if they have reached the target and then down again. It relates to greediness.
-
It is a Trading strategy that I do, and usually my target or goal of taking profits is not very high. twenty or thirty percent increase in price I think is enough, because I'm the type of person who likes to trade in the short term.
-
What you do is very correct and almost the same as me because I do it like that.
I have a little bit of Ethereum in 2020 and by January 2021 the All Time High of Ethereum is back and I have sold it.
It's true that it took time to get Ethereum to All Time high and I've been past that selling everything on the Binance market.
-
I totally agree with this. Let us not be greedy. Because if we are greedy it will only make us never feel satisfied and ungrateful. It should be in crypto if our goal is reached then sell.
-
Once the goal price reached better sell even it will increase more. For me as long you earn enough profit that is satisfying. In this case the satisfaction matters over regret.
-
Yes, one should always plan like this while trading or holding the coins. Without setting targets we became greedy for more and more profit and end up in meager profit or loss. Yes, you can buy again when the correction will be there but one must be satisfied with his decision.
-
This is exactly how trading or investment works; it is mandatory for you to always take profit everytime you are in profit; the aim of every investment is profit; if you fail to take profit; then you could lose capital and profit together. Always do your own research
-
There are many of us who regret selling a token or coin and then raising the price of that token or coin. But again it turns out that the coin or token we sold. We don't regret the token or coin if the price goes down.
-
I usually sell coins when it's reached target or i got enough profit, when trading we should be able to control greed and emotions. Also, stop lost is a must to minimize losses.
-
It is a Trading strategy that I do, and usually my target or goal of taking profits is not very high. twenty or thirty percent increase in price I think is enough, because I'm the type of person who likes to trade in the short term.
Yes I agree with you. That I also think if the price of any token or coin in the market goes up. I like to sell it in its normal state. Because it is seen that many times in the hope of making more profit, we do not sell the tokens in the greed of getting more than the price in the market. Later, their prices went down drastically. As a result, many times we face losses
-
I don't have a lot of eth, when the eth price goes up 30% from before I sell everything, for me it is okay to get as little profit and I don't want to be greedy, but everyone has their own strategies, and their respective selling targets
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
Congrats! I also just sold 50% at 2x against Ether, as had only bought it the day before at 0.0005443, so my natural instinct was sell half at 100% profit at 0.0010886 to re-invest elsewhere. I'm still holding half as for me recent defi investments are long-term plays against Ethereum, not Bitcoin or the dollar. I realise the fiat value is in the middle of nowehere, but against Ether buying in at 90% down from ATH seems like an amazing discount to me 8)
Also had the same with UMA the day before, bought in with Ether, price started mooning so set sell limit to sell half at 2x :)
-
Every trader should know at what price the asset will be sold. We can never sell cryptocurrency at its peak and buy at its lowest price. We must determine these prices for ourselves in advance.
-
I always set stop loss when the price of my token gets increasing, just to be sure not to lose more money. If the price of token keeps increasing then good I keep holding but if starting to fall then enough to hold, I better to sell right away.. Greedy is not good for me.
-
I will also think and take action like that when it reaches 1000%, I immediately sell it because it has exceeded expectations and there is no doubt
-
I agree because if we let our greed overcome us, I'm sure it will not end in the same way as we wanted thats if we already gain a decent profit just let it go sell it for good because we should learn to throw away all the greediness that can make us vulnerable to mistakes.
-
There are no unambiguous factors that will always prompt the moment of sale and there will not be, therefore, after the purchase, you need to set a goal for yourself and, having achieved this goal, fix the profit. In a growing market, it is easy, for example, to sell when it reaches X2-X3.
-
Setting a price target is the best way to make for every tokens which the hodlers have in order to prevent any unwanted outcome at the end of the day. I've been there and so i knew what i'm talking and moving on is hard cause it takes time.
-
Sometimes feelings of dissatisfaction will come, even though the initial target has been met. Learning to hold back lust will be very beneficial, if we are faced with a choice, so that we can think clearly.
-
For many people the goal is always pushed back to the big side when it is achieved, and many people can not stop and end up losing all the money
-
It is very important not to be very greedy when trading. Always sell your tokens as soon as your goal is achieved or you can sell a portion of it. However if you are a long term holder you than its on you when you will sell it.
-
As a trader your entry point and your exit point is very important, when you are already in profit and you think you are satisfy already always exit the market and take your profit don't allow greedy to lead you to lose of your funds. As a trader when you are in profit always try and exit the market
-
Perhaps I understand the hardship you went through to make a final decision with the token you have. Everyone want to keep token to ATH, they are always afraid that they will miss the chance when the token price will be x10 or even x100 right after they sell the token... I think it's time we need to think like a trader: sell assets when there is a fixed profit (5% -30%) and hold only some tokens. Even if the token price x2 right after you sell them, you can congratulate those who bought your tokens, atleast, they can profit from your opportunity.
-
A successful traders should ability to control his over greedyness. When his goals achieved , he should sell and invest anothers plafrorms. Neither who excludes, he obviously count losses.
-
Greediness is a factor that keeps some traders unable to gain even in a bullish market because they only have entry strategy but no exit plan. Once my target is achieved, whatever happens in the market is no longer my concern. I take my profit and move. Unless the investment is for long term but even at that, there's always the price that is so irresistible for one to sell.
-
Truly, this is one of the strategies that I am using. If we buy some coins, we must set targets whether the price reaching certain rate and then we sell it. People say That Never Greeedy. Greedy will only make you lost your money
-
a pretty good strategy is indeed to sell with the desired target , its just that there are several factors that are quite difficult to achieve , such as for beginners , they sell because of the need ,so it will be more difficult to achieve desired target.
-
agree, a crypto market correction is coming soon, I have sold all the altcoins whose price has increased by 500%, what I have right now is DOT and I am still waiting for the price to go up to the limit I set ;)
-
a pretty good strategy is indeed to sell with the desired target , its just that there are several factors that are quite difficult to achieve , such as for beginners , they sell because of the need ,so it will be more difficult to achieve desired target.
The targets that you make do not have to be applied if at that time you need money,
but whatever the circumstances, you must have set a selling target when investing, and this target will later help you make the right decisions when investing.
agree, a crypto market correction is coming soon, I have sold all the altcoins whose price has increased by 500%, what I have right now is DOT and I am still waiting for the price to go up to the limit I set ;)
If I may know, what is your target to sell DOT? :)
-
This theory is true. By having a goal, and we sell it when that goal is achieved, we will avoid being greedy and that will save us in crypto.
-
if I am wiser if I just play it safe
I will sell when the price is good
or maybe I will always monitor every development in the market
so that I understand better, I will better understand the next development
-
If you think that your asset reached your expected place then you can sell it is your decision. In the bull market some token reached in unexpected price. It is one kind of strategy what you would like to do.
-
Goals are relative and different from different persons. Some traders just look for little percentage increase and they will exit. However, it is necessary to hold some coins for long term before exiting
-
its always a great move to sell at top and rebuy when the price makes a correction because you will have more quantity of the currency and i would love to do that but i always end up jumping to another coin which means less profit so i tend to hold for the long term in this period ..
-
As a rule, selling at the highest price is not always possible, how can you determine if a coin is updating its highs. So we are selling according to the intended exit targets!
-
Just yesterday, I sold a part of BNB with a ladder from 65 to 75 dollars, and I am very happy about it. Yes, the coin will most likely cost more, but in order to enjoy the process, it is necessary to withdraw part of the funds to please yourself and your loved ones in real life.
-
I totally agree with this, we really should be modest and not be greedy. By having a target and then selling when the target is reached, we will be more grateful and also safe in this crypto investment.
-
When i purchase any cryptocurrency first of all i setup a goal that is what price i will sell my coin that should be at least 1% profit from my original balance by which i purchase that coin. When i reached my goal i sell my coin. Sometimes i setup my goal at 10% profit. Actually it will depend on market situation.
-
That's a good profit already and you are lucky for it. Some were lose their profif because of being greedy and it even lead them of losing their capital.
-
It's always important for us to follow our trading strategy as planned to avoid losses, in every trade there's a target profit so any one who doesn't follow or have a trading strategy won't know when to take profits, he might even end up getting a loss, have had similar experience I was trading binance futures with any trading strategy,I was +$14 in PNL, I didn't know when to take profit instead of cashing out the $14, I got rekt after a day my account got liquidated, so knowing when to take profits off the market is important.
-
I always have a clear goal when it comes to holding a coin or getting it for nothing, and at that time I won't be shaken by my original goal because I know it's not good for the future. As for when I see the end result, whether I get profit or lose, I will still receive the results.
-
I also have a target. My story was the same as yours. About a week ago I sold my coins because reach ATH and I earn so much profit. But I always not sell all of my coins, I will keep a little to prepare if something sweet happens
-
surely I will not think twice if what is expected has been achieved, immediately selling is what is in my mind and if the price is still rising it will not make me disappointed because I am grateful for what I have received
-
This is a good goal, where we will be able to reach the goals, and should sell coins when those goals are met. Because if not, we will regret and become greedy.
-
Usually, if I invest in any cryptocurrency, then I wait for the price of this cryptocurrency to double and after that I already fix 50% of my investments and then I wait for the price to continue to grow to new heights and then sell the remaining 50%. In general, this method has been tested for years and the profit from this method is very good.
-
There are two possibilities that I will sell my crypto assets that I invest in or that I trade. The first is when my target selling price has been reached, and usually after that I will set a low price to buy it again. And the second is when I need money, and selling these crypto assets is the last way to get money. At times like this, I will also sell my assets.
-
I totally agree with you. We invested anything in that goal. If that goal is met, it is better to sell us anything. I wanted to sell Bitcoin when the price of Bitcoin was in the range of $6,000 a long time ago and then when the price of Bitcoin was $20,000. But I didn't sell it then. I have left that Bitcoin yet. Now I have a lot of Bitcoin. I have now decided that I will sell all the dollars. I have got a lot and I will not be greedy anymore.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
Well, I believe that was a good decision because it was already a sure profit and why we should not take it, Like my Doge I have a 15K Doge and just sleeping in my Binance wallet because I was only using it for the casino games and because I stopped playing casino my Doge was held idle in my Binance wallet and after it was pump I grabbed the opportunity and I sold it all at 0.053 cents and the proceeds were used to buy more BNB what I'm pointing is sometimes people are wanting more than they can have which is resulting to failure.
-
If you have reached the profit you planned, then sell without regret, and it does not matter that the price will go up even more. Otherwise, you can lose everything you wanted out of greed. Even if you will not receive the possible profit, the main thing is that you will not lose what you have.
-
I think it is very difficult to determine exactly what maximum we can expect to receive our profit on time. I believe that it is best for each cryptocurrency user to set a goal for themselves that they want to achieve. For example, selling Ethereum for $ 2,000 or $ 3,000. and based on this, form their further actions.
-
Just yesterday, I sold a part of BNB with a ladder from 65 to 75 dollars, and I am very happy about it. Yes, the coin will most likely cost more, but in order to enjoy the process, it is necessary to withdraw part of the funds to please yourself and your loved ones in real life.
For me, BNB is exactly one coin with long-therm potential and I haven't sold it yet. I haven't even set a stop-loss, but maybe $ 200 is a good price for now. I stake at Binance and have great side profits. I will probably buy anything under 150 afterwards, depends on the speed of the fall
Usually, if I invest in any cryptocurrency, then I wait for the price of this cryptocurrency to double and after that I already fix 50% of my investments and then I wait for the price to continue to grow to new heights and then sell the remaining 50%. In general, this method has been tested for years and the profit from this method is very good.
50% is always good. But in the bull run period I prefer to play with stop-loss. Sometimes I have to correct it every day, like now, but that got me more than 50%, far more.
There are two possibilities that I will sell my crypto assets that I invest in or that I trade. The first is when my target selling price has been reached, and usually after that I will set a low price to buy it again. And the second is when I need money, and selling these crypto assets is the last way to get money. At times like this, I will also sell my assets.
Why do you invest in crypto when you would need that money back in such a short time?
Back to the 0x. $ 1.77 has not yet been reached and I believe it will take a while. I don't estimate the company to be more than $ 2 at the moment, but I would only be able to buy more at 1.20. There are other investments that I value higher.
-
As the bulls market is finally here i think we should not rush to take profit now because growth potential is huge and most people are expecting a full bulls year so personally i would wait for atleast 6 to 8 more months to take some profits as price growth will be massive till then.
-
This is how taking profit works and being not greedy. Sometimes, we will feel less and less again when the target has been reached. Consequently, sometimes, we just lose our chance to sell the coin at a good rate and being panic when the price has fallen again. We can take profit and buy the coin at the lower price and take profits again
-
There should be a target for each coin we are holding. We won't hold them forever and it is too risky buying without a target. Even if the situation is supporting the coin nowadays, but we don't know what's happening later. That's why if the current price improvement of the coin meets our target, why not selling it? At least we can get our initial capital back and earn some profits. We can plan to buy it again if it likely needs to do later.
-
There should be a target for each coin we are holding. We won't hold them forever and it is too risky buying without a target. Even if the situation is supporting the coin nowadays, but we don't know what's happening later. That's why if the current price improvement of the coin meets our target, why not selling it? At least we can get our initial capital back and earn some profits. We can plan to buy it again if it likely needs to do later.
Ideally, this should have been what we are doing. Though we also have to admit this can be a little bit difficult to do if we are looking at the way the cryptocurrency market is behaving right now. Some are already looking at 2021 as the year when things are looking great and growing up so it can be hard for anyone to just let go of any attractive coin and make a good profit. Of course, we know that this can not go on forever, there will always be correction somewhere but where is that located maybe hard to determine. This is the dilemma when we are in the bull run.
-
I always use orders, especially OCO, because it is especially important for me to consolidate the profit. You can, of course, expect an extraordinary growth of the sonnets, but this can be expected forever, I think that the strategy to consolidate profits brings at least some profit.
-
This is exactly what I always do. Some of us are just too greedy, we wait for more and more profit and sometimes the shit coins actually pay us back. After some very nice high it just drop down so fast and we start saying "had I know" complaining after it happened.
-
haven't sold here, and hopefully after some time or so the price is set at 1.77 per house,
A ATH is easily accessible
-
Keep hold cryptocurrency is a bad idea because correction will happen.
I also like that, I will sell it when my target achieved
-
Really It is a Trading strategy that I do, and usually my target origoal of taking profits is not very high. twenty or thirty percent increase in price I think is enough, because I'm the type of person who likes to trade in the short term.
-
I think set target sell is a must-do. Without a clear sell target it will increase our greediness and that is not good in trading. If you have reached the target, it's better to sell immediately and buy again later when correction and stop limits is mandatory to minimize losses.
-
In everything about trading, there is always a limit to reach to sell or to buy more. For me, the moment I get to the price I have waited for and its attained, I sell some portion of the coin to have a little as reserve for the future probably if the price goes up for more profits (losses can come also). Having a target in trading helps alot to avoid excess loss, where both capital and hunting goes without pay. Staying at the safe side, sell when your target is reached. It could be all, it could be some portion, but just make a sale.
-
We all wanted to earn from cryptocurrency, so we must sell if the target achieved. Hold is good, but just hold is not good, because correction will happens
-
In everything about trading, there is always a limit to reach to sell or to buy more. For me, the moment I get to the price I have waited for and its attained, I sell some portion of the coin to have a little as reserve for the future probably if the price goes up for more profits (losses can come also). Having a target in trading helps alot to avoid excess loss, where both capital and hunting goes without pay. Staying at the safe side, sell when your target is reached. It could be all, it could be some portion, but just make a sale.
It is true that you need to sell, even if the price then still rises. There are people who can never buy cheap and can never sell high. When the price has already risen well, they think that the price can still rise and do not sell. And when the price starts to fall, they are already sorry to sell. The same goes for buying when they don't buy cheap.
-
FOMO can become a serious problem for untrained crypto traders. If you constantly look back and regret that you could have earned more if you had not sold so early, then you will inevitably be overtaken by nervous stress, which will prevent you from clearly assessing the situation on the market.
-
If a coin or token reaches the target price I set, then I will sell the coin or token. That's what I do every time I trade or invest. The important thing is I have made a profit from there. Don't be too greedy, because it can break us down.
-
The cryptocurrency market is currently making it possible to profit by trading in every cryptocurrency. So all the traders in the market are benefiting now. Currently, the future of cryptocurrencies in the market is going to be better. Many have increased the value of shitcoin. Some authorities have re-entered the market. Therefore, there is a possibility of increasing the value of cryptocurrencies in the cryptocurrency market at every moment.
-
If a coin or token reaches the target price I set, then I will sell the coin or token. That's what I do every time I trade or invest. The important thing is I have made a profit from there. Don't be too greedy, because it can break us down.
Exactly
As an investor or trader, we shouldn't be greedy. Because that will bring us to a loss.
When we trade, we must have a selling target, don't let us have to wait for the price to really go high, it could just drop in price. So that when the price reaches the target, you must immediately sell it and buy other coins that have the opportunity to make a profit
-
Keep hold cryptocurrency is a bad idea because correction will happen.
I also like that, I will sell it when my target achieved
holding coin that have good quality for the future, is fine for me
like we hold TWT and SFP.
both coin have a good future and i just bought after that I hold it for a few months, finally the price went up very high.
thank you TWT and SFP for giving me a big advantage after i hold it for a few months 8)
-
I don't know much about the 0x project or its roadmap, I would comment based on my experiences. There is no hard and fast rule to these things. Some people are born hodlers. Maybe the project retains some long term plans which are admirable. Having said that, some projects are for the short term and not anything more. So one sells those coins and moves on
-
I think sell cryptocurrencies at a certain target when it comes to fulfilled. In a successful trading system all investors and traders should follow. More greedyness will hamper al lots of profits.
-
Do you mean you have sold your eth without any profit ? If so then you must need to do trade with an proper research because every time you need to do trade with the amount which you can afford so that you will not worry about lose and profit. That is why you will not regret if you can not get profit.
-
Selling when the goal is reached is the right decision, and we can buy it again later when the Price has dropped. Because usually when the price goes up and we don't sell it, the price will go down and we will regret it.
-
This is called managing the assets and targeting the goal of the market. If the market is good enough, we may set the price at a certain rate with higher price but we don/t know whether this coin will be increasing. And I still believe that don't be greedy.
-
That is really true. Don't be greedy if your goal has been achieved, just let's moreover get similar coins to come up or pump. We can set targets at a certain rate and wait for the pup market and see the result. But it is not for the greedy. If we have achieved the target just let it and don't regret it if the price keeps increasing.
-
Regret when selling for a low price or get a big profit when selling at a high price.
Both have the same risk, someone who does day trading will take advantage if he is skilled in scalping, without waiting for a long time a trader will earn tens of dollars per day with the coins he has.
Right now I'm only targeting 70% profit from my portfolio because the crypto market is slowly moving downhill and in red
-
That will be the best thing to do once the price goal achieved then sell the tokens to earn a little than zero to gain. Sell the tokens is the smart thing to anticipate the possibility of drought. Somehow it is good to hold but somehow good to sell depends on the market scenarios.
-
Good point. Too many greed brings ultimately regrets to an investor most of the time. I faced this many times from my personal experience. Now I try to sell my targeted coins when i calculate my enough profits, not too many not too less. Holding for all tokens doesn't bring good results except few good ones.
-
A very popular Proverb." Buy everyone is selling and sell when everyone is buying".
I have also set my selling goals but i keep in mind the resistance levels of the coin. Because sometimes it touches the resistance level and come back before reach to our target price. So, setting your target price near to the resistance level is a good strategy.
A good trader buy at dips and sells at peak level.
-
Good point. Too many greed brings ultimately regrets to an investor most of the time. I faced this many times from my personal experience. Now I try to sell my targeted coins when i calculate my enough profits, not too many not too less. Holding for all tokens doesn't bring good results except few good ones.
Sometimes we miss big profit for hurry. This habit is too bad i think. Many time i miss big profit for my hurry. When i see a coins dumping, I can't control me for sell that coins. I need to out from this habit.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
Yeah, I think every trader, Holders, or even investors has a set target of when to sell or buy crypto. As for me, I have a set price target a trader/investor. We all known that on the crypto market, there are times for a market pull back, corrections, and or bear run, a situations that will give many people the opportunity to buy or increase portfolio. It is important to set a price target whether as day trading or holding.
-
It is almost always very important to stop on time, despite the great temptation to wait for a higher price. But very often, greed leads to the fact that we lose much more. Therefore, it is always necessary to determine the goal that you are striving to achieve and clearly follow it.
-
i strongly believe this is the right trading advice here, do ot be greedy. know the right time to sell and if you failed to sell as a result of not setting up stop loss, know when to exit the market at your own comfort without waiting for more price movement action. greedy ness will always after you and may lead to huge loss. take profit at the right time.
-
Good point. Too many greed brings ultimately regrets to an investor most of the time. I faced this many times from my personal experience. Now I try to sell my targeted coins when i calculate my enough profits, not too many not too less. Holding for all tokens doesn't bring good results except few good ones.
Sometimes we miss big profit for hurry. This habit is too bad i think. Many time i miss big profit for my hurry. When i see a coins dumping, I can't control me for sell that coins. I need to out from this habit.
This can happen sometimes but most of the time it happens just opposite. Hence selecting good coins for long time is good strategy but shitcoins holding will bring regret for you most of the cases that i have faced many time which was value but now all are dead and shits even for my invested shit coins.
-
I didn't set the stop limit, but left it up to the point I had set with the alert price feature. But before the parameters are reached, I will monitor the trend for a moment and measure the candles using Fibonacci. then sell it when I think the price is right.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
great! when set price achieve then the perfect time to sell your holdings don't be so greedy to aim for higher you might end up losing. when you trade or hold it's always better to set a goal or price for your holding once it's meet then no reason for holding more time. SELL it before the market turn into other way around. greediness is the most common reason why people loss their money when in fact they already have good profit from it.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
great! when set price achieve then the perfect time to sell your holdings don't be so greedy to aim for higher you might end up losing. when you trade or hold it's always better to set a goal or price for your holding once it's meet then no reason for holding more time. SELL it before the market turn into other way around. greediness is the most common reason why people loss their money when in fact they already have good profit from it.
This always happens in the market. First they don't sell for a lot, and then they sell for a lot. Few tez who have a strategy to sell. Most of them keep it even when they have made a huge profit. But in the end, this profit remains in the dreams when the coin or token falls to the bottom. I knew a few people who in 2018 could get hundreds of thousands of dollars, but now these tokens are not worth anything.
-
That is exactly the way of being wise and careful in the crypto market. SO far, sometimes we are too greedy in trading. We always increase our target to sell and Take profits and then being panic sell when the price is slowly down. That is why just set your target and make sure, not regreting
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
Really I believe that was a good move. Don't be overly greedy with profits, then you might just end up losing more than you think. I believe crypto traders should always take profits when the hit some certain percentage level of investment at least your initial capital and some profits too and leave in the rest for continue trading, that is a wise thing to consider.
-
I agree that it is for altcoins. If we have made a profit, immediately sell. Don't be greedy for more. But for bitcoin, I choose to keep holding and holding it
-
Of course, I will sell it if my coins go up to 1000%, like Doge, I regret selling it last November, but I still have the Waves coins that I bought for $2 then I sold them when the price reached $12.
Looks profitable but requires patience when we hold coins for a long time
-
I agree that it is for altcoins. If we have made a profit, immediately sell. Don't be greedy for more. But for bitcoin, I choose to keep holding and holding it
I agree with you, don't be greedy for more. Because we all known crypto currency price is unpredictable. If you have made profit sell it. Crypto will have corrections after bullish, So sell at the right time.
-
I am just learning to trade and therefore I was chasing excess profits and the market went to a correction, and I was left with my assets in anticipation of an upward market. Now I understand that it is necessary to fix the price and not wait for superprofits.
-
Yep, it is a wise decision, it is better to sell our coins if the price meets our targets. We don't need to be so greedy and wait for the time of its ATH. If it cannot be achieved and the price suddenly drops constantly, so you will regret it so much. In my opinion, just sell the coins if the goal is achieved.
-
It is said a bird in a hand is better than none selling at that price is actually good but in other hand one thing we should also consider is what of after which the coins has been sold and the new price spark up assume two times of what you sold it, that's why most of us regret after selling our coins and token.
-
I completely agree with the author of the topic, everyone sets goals for themselves and, having achieved the goals, closes the deal. This will be a conscious decision, and then the person does not torment himself with thoughts of lost profits.
-
I totally agree with you. If you make millions in this cryptocurrency, you will sell it right away. Because there is no end to what you want in this cryptocurrency. So if you achieve goals, you will have more needs. At such a time it will be seen that you have lost a lot. So if you have achieved the goal in cryptocurrency, it is better to sell it immediately.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
Back to the 0x. $ 1.77 has not yet been reached and I believe it will take a while. I don't estimate the company to be more than $ 2 at the moment, but I would only be able to buy more at 1.20. There are other investments that I value higher.
As promised, I bought something from 0x at $ 1.20. Isn't the big sum because I bought more coins on the day of the "big correction" on March 25th, like Graph, Ren and Bitcoin of course.
Here is the proof for Ox:
(https://i.imgur.com/JDv7NPu.png) (https://i.imgur.com/cujNbGZ.png)
10 days later it jumped almost 90% again. Ox was never my long term plan, now it stays in the portfolio until it reaches $ 2.50, exactly at the limit where I no longer have to pay tax.
That's the idea, my plan with 0x
-
when the price has reached my target, i will immediately sell it.
i don't want to wait too long with the thought "the price will be higher tomorrow." like greed that makes us lose.
i never want to get 100% profit just from holding too long but enough with 30% gain i think is enough
-
You give good advice to people who have bought any coin at a good price. In general it's best not to buy anything without a follow-up plan. But i would advise you not to sell all your coins because there is always a chance that the coins will cost even more expensive.
-
when the price has reached my target, i will immediately sell it.
i don't want to wait too long with the thought "the price will be higher tomorrow." like greed that makes us lose.
i never want to get 100% profit just from holding too long but enough with 30% gain i think is enough
Yes, I agree I think when the price has reached our target we should sell immediately and got the profit. Because hold for long is not suitable, it is more risky. But if you want to hold for long term, you can choose top 10 coin.
-
I really appreciate to your topic because its also my strategy that when the goal is achieved i will go for selling. I am a crypto currency trader and trading since 2016 when the price of bitcoin was 1000 usd. Then i bought 1250 usd. From then i am trading in different exchanger and my strategy applies from the i will trade at 5 to 10% profit in every trade. Some times i go for holding few coin which has a poor market supply and has a good strength.
-
Most people are always looking for high profits in every Crypto trade, but without them knowing they often miss opportunities to make big profits because they expect higher prices. And when the price goes up they don't sell their coins, so the price of the coins goes down again and they regret it. So it is true what was said above, that selling coins when the goal is achieved is very true to get a consistent profit.
-
It is absolutely true that when the price of your coin has reached the place you want, you should sell the coin. Otherwise you are likely to lose at any time. Once lost, it will be very difficult to recover. I also had a problem like this and thought that the price of one of my coins would go up further but after reaching the target I faced a big loss which is a big experience for me.
-
The goal can be defined incorrectly. After reaching the goal, the price can go much higher, so the goal on a certain period of time must be revised
-
The goal can be defined incorrectly. After reaching the goal, the price can go much higher, so the goal on a certain period of time must be revised
Agree.
Not all goals must put into action. Time change as well price. Once the goal is hit, to keep track is necessary where the peak is. Then join the party of gainers.
-
The goal can be defined incorrectly. After reaching the goal, the price can go much higher, so the goal on a certain period of time must be revised
To me, I also just believe you should take profits as you see fit because just like you said, the price can continue to go higher while your initial target or goal is reached would that mean you would sell everything and get out of the market? So you can continue to take profits as you go and sell off once i=the Bear market is confirmed.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
Back to the 0x. $ 1.77 has not yet been reached and I believe it will take a while. I don't estimate the company to be more than $ 2 at the moment, but I would only be able to buy more at 1.20. There are other investments that I value higher.
As promised, I bought something from 0x at $ 1.20. Isn't the big sum because I bought more coins on the day of the "big correction" on March 25th, like Graph, Ren and Bitcoin of course.
Here is the proof for Ox:
(https://i.imgur.com/JDv7NPu.png) (https://i.imgur.com/cujNbGZ.png)
10 days later it jumped almost 90% again. Ox was never my long term plan, now it stays in the portfolio until it reaches $ 2.50, exactly at the limit where I no longer have to pay tax.
That's the idea, my plan with 0x
I sold it again for 2.25
-
As long as crypto or any other investment program is concerned, it is only normal for a serious person to set goal, what I mean is that without goals, there won't be a sense of direction, this is why even projects have roadmaps cus roadmaps gives them a sense of direction, this should also be applied in our crypto investment, me for example, I always have an exit price or point set on each crypto project I buy into, this sometimes have helped me to avoid being too greedy, every should emulate this cus its a the best.
-
Yes, friends and it is a must have for us in cryptocurrency trading.
Target and Gratitude must exist because those 2 factors are our best achievements in seeking profit in cryptocurrency trading.
I also targeted BNB at 1000 USD and after reaching that point I sold it quickly because that was my target and thank God for holding BNB from 25 USD.
-
Good time to sell if the goal is met every trader is holding on to profit in crypto trading is becoming more profitable at the current rate at which the price of currencies is rising. Investors are meeting their targets and holding on to the currencies as prices rise further.
-
I completely agree with you that when a coin has grown 1000 times, it is better to gain a foothold and remain in the open than to regret that it fell, of course, to wait a long time for such a price to jump, but you need to have patience ... In general, the strategy is correct.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
I think I agree, if we have achieved the goal of sale. can also sell partly rather than join will fall. I personally have sold my coin and divide to hold if I believe It will soar again.
-
The target is constantly changing, because when you reach a price point you want it to go even higher and usually because of greed many lose money, because after a while token falls and they regret that they did not sell at the peak
-
In order to avoid losses, it is necessary to set goals and, upon reaching the specified, to fix the profit. At the same time, do not look at what market is now, but strictly adhere to the plan.
-
The target is constantly changing, because when you reach a price point you want it to go even higher and usually because of greed many lose money, because after a while token falls and they regret that they did not sell at the peak
of course, target is constantly changing because we should learn the chart and performance of the coin..If the market will grow, I think we should hold and what the higher price. Sometimes everything will change when the market change. not about goals, but It depends the condition.
-
In every trading there is always a target and once the target goal is reached the best option is to sell, in crypto, my target is stop limit and once I hit the limit I always sell and claim my profit then plan for further investment.
-
as I already wrote, now there is no clear trend where the price will go, the goal for bitcoin is not clear and you can trade at a loss if you try to guess the rate or analyze the charts, but in case of storage this is a good option
-
It is a good market strategy to enter when you have the courage, with some good TA/FA, and exit when you hit little percentage of profits from your exist planned options. In recent weeks the market has been shaking and very unstable, so it is advisable to exist at the shortest possible time or use the "stop loss" on all trades.
-
As a trader the first thing you should do is make sure you buy your coin at a very good rate because your entry price is very important and make sure you also have a target once your target have been reached just sell the coin and enter another coin and always make sure you set your stop limit after buying any coin.
-
I have seen a lot of big losses for a little more profit. I think you should give it up once you reach your goal. Otherwise you may face a big loss later. There are many people around us who are hoping for more profit but soon their hopes are dashed and they face huge losses. I myself am a proof of this.
-
Just sold all of my 0x at $1.77, I couldn't take it any more. When 1000% are reached I sell without flinching. After the correction, I can always buy more. Even if there wasn't a correction, I don't think that the ATH can be reached easily.
When are you selling? Do you also have a price where you can say: until now and no further?
Do you set a stop limit?
p.s. Now is the time to think about it, in my opinion.
That's good opinion, sell when your goal is achieved. Because sometime we will lose a lot when greedy.
I always have goals and sell immediately.
Crypto currency is unpredictable , so be careful with your way.
-
Depends entirely on strategy. I am an arber from time to time (arbitrage guy) ...works for me
-
Good for you because presently, I got -400% with all of my Altcoins because I kept holding them since 2017. I missed earning up to +200% when Bitcoin reached $50,000 because I was also hoping for a 1000% hit mark, and now I lose the opportunity to earn again, so I hope that there will be another ATH before this year ends.
-
Everyone would want to sell their coins at a high price, but sometimes it is not easy to achieve. If we know the price will go down, surely selling the coin as soon as possible when the price goes up is the right decision. Because after that we can buy again in large quantities.
-
Everyone would want to sell their coins at a high price, but sometimes it is not easy to achieve. If we know the price will go down, surely selling the coin as soon as possible when the price goes up is the right decision. Because after that we can buy again in large quantities.
yes, indeed the action is very precise with what you say and that is the mechanism that must be done. sell when the price is high (don't be greedy, because it can change the price so it doesn't match what you want) and buy back when the price has started to fall. but sometimes greed can cover what ultimately can't be achieved.
-
Everyone want to sell tokens when the expected price is reached, but trust me, when that expected price is reached, greed causes us to have a higher expected price, with a larger profit.
My way is quite simple: wait until x2, then withdraw capital and a part of profit, then leave that token until the end of the bullrun.
-
yeah, that is true. So far, I always set my own target price in order to take profits. I never put my greediness because sometimes, it can make me feel regret at all because the price doesn't reach my target and then it goes dropped. This is one of the lessons that I have experienced so far.
-
bitcoin will not delete all cryptocurrencies that exist in the exchange, what has a bad impact is that the altcoins created can have a bad influence on bitcoin circulation which can cause a dump in altcoins and make the bitcoin price dump.
-
Everyone want to sell tokens when the expected price is reached, but trust me, when that expected price is reached, greed causes us to have a higher expected price, with a larger profit.
My way is quite simple: wait until x2, then withdraw capital and a part of profit, then leave that token until the end of the bullrun.
Yes many people when reached their target, they will be greedy.
Be careful.
Because crypto currency is unpredictable.
We must learn chart and market detaily.
We will lost alot when your coins are going down quickly.
-
Many of us have fall victim of selling low because of doubt and fear weather the Cryptocurrency market would ever rise back again, one thing you should know is that in every mistake there's always a solution at the end because I have been victimized before so I can't afford to make that kind of mistake again so am waiting for the market to recover before I can sell any of my coins.
-
I always sell not keeping the normal rate, you say 1000+, unfortunately I did not have such coins, or it is necessary to wait for such interest for a very long time or I have crazy projects that do not rise. Of course, I am also not very assiduous, when a coin gives an increase, I try to sell it, this is of course my weakness ...
-
As long as I have profit from my holding. Maybe I would sell them depends on what is the graph is trying to say whether up or down. Once it is going to downside I will sell. If not I will hold and watch the price flow in the next 24 hours or 3 days graph.
-
It was necessary to sell earlier. Now the air is already 2177 and the goal has long been achieved. It is better to follow the market or not to follow and do not hold funds for a long time on exchange accounts, otherwise verification may occur
-
Yesterday, the market still came in, behaved normally, grew well, today I went to see it again collapsed, it's good that it's not too much. He now very quickly will gain this loss you need to buy something to earn a little.
-
It is necessary to sell on a stop order, take profit, and preferably on a decentralized exchange to ensure the safety of money. This strategy brings profit after a while for the holders. It is better for traders to carefully analyze their strategy and be as attentive as possible to all news.
-
It was necessary to sell earlier.
Why? The point shouldn't be earlier or later, but how much the current price. If it meets the target, then it is okay to sell.
Now the air is already 2177 and the goal has long been achieved.
What do you mean?
I don't understand with "2177", is it a price?
Simply sell the coin if it reaches the target. But if you want to hold more, it is also no problem.
-
One day I failed to sell because of greediness to earn more than what I had expected to happen after an ICO success. Unfortunately it made me mad, once bearish market came, eventually I learned a lot of lessons from that experience. My advice to everyone, is to decide quickly once there's an opportunity! Don't let it go, push towards the limits.
-
One day I failed to sell because of greediness to earn more than what I had expected to happen after an ICO success. Unfortunately it made me mad, once bearish market came, eventually I learned a lot of lessons from that experience. My advice to everyone, is to decide quickly once there's an opportunity! Don't let it go, push towards the limits.
I agree with you, don't be greedy. I think we should sell when the goal is achieved. Maybe we can push towards the limit but we must be careful because crypto currency is unpredictable.
Keep calm and focus on your target
-
One day I failed to sell because of greediness to earn more than what I had expected to happen after an ICO success. Unfortunately it made me mad, once bearish market came, eventually I learned a lot of lessons from that experience. My advice to everyone, is to decide quickly once there's an opportunity! Don't let it go, push towards the limits.
I couldn't agree more with you. I believe most of us still have that greed in our minds trading these cryptocurrencies. I would have made some good profits from a certain project I owned some months back I thought I can still make more profits from it by staking it for a number of months which will accumulate more of the coin and the price would have even gone up too but it went the other way, the market started to dip and I could not unstake the coins and eventually when I was able to move my coins, the price has dropped more than 70% of what the coin was selling for. So people, sell once you see a good price and don't hope that you can get more especially if they are newer projects.
-
Yes, that is the main reason when you got some profit whether it is small even you have to sell that coin at profit. Most of the trader get losses in aspect of getting more profit and even they loss their profit too. That is the bad trading strategy
-
Dan Morehead's investment portfolio formation strategy: buy a cryptocurrency when its price rises above the average for the last 230 days, keep it in the portfolio for one year, and then sell and take profits. Thus, the Pantera Capital fund gave an income of 10.136% over five years.