Author Topic: Sell when the goal is achieved. (Read 8775 times)

nicecrypto · « **Reply #90 on:** February 25, 2021, 04:30:57 AM »

Quote from: 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.

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.

Altcoins Talks - Cryptocurrency Forum · « **Reply #90 on:** February 25, 2021, 04:30:57 AM »

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Ludmilla_rose1995 · « **Reply #91 on:** February 25, 2021, 05:51:48 AM »

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

Ghozrd · « **Reply #92 on:** February 25, 2021, 09:59:15 AM »

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

pacar_tiri · « **Reply #93 on:** February 25, 2021, 10:03:21 AM »

Quote from: Ludmilla_rose1995 on February 25, 2021, 05:51:48 AM

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.

Kseniya17 · « **Reply #94 on:** February 25, 2021, 08:27:33 PM »

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.

Prime · « **Reply #95 on:** February 25, 2021, 10:47:45 PM »

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.

Delgboke · « **Reply #96 on:** February 25, 2021, 11:06:17 PM »

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.

Altcoins Talks - Cryptocurrency Forum · « **Reply #96 on:** February 25, 2021, 11:06:17 PM »

nadyn · « **Reply #97 on:** February 26, 2021, 04:35:10 PM »

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.

Rakin343 · « **Reply #98 on:** February 26, 2021, 04:45:33 PM »

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.

Ferki · « **Reply #99 on:** April 01, 2021, 11:15:44 AM »

Quote from: 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.

Quote from: Ferki on February 18, 2021, 06:13:05 PM

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:

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

Millionaire · « **Reply #100 on:** April 01, 2021, 01:25:35 PM »

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

Kitaiev · « **Reply #101 on:** April 01, 2021, 01:42:49 PM »

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.

therozaq · « **Reply #102 on:** April 01, 2021, 03:12:29 PM »

Quote from: Millionaire on April 01, 2021, 01:25:35 PM

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.

raisajahan · « **Reply #103 on:** April 01, 2021, 05:09:45 PM »

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.

Seerge · « **Reply #104 on:** April 01, 2021, 11:19:51 PM »

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.

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