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Author Topic: When is the right time to sell my crypto coins?  (Read 4881 times)

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Re: When is the right time to sell my crypto coins?
« Reply #30 on: November 19, 2024, 04:06:14 PM »
Determining the right market to sell cryptocurrency to invest in is very difficult. But you have to set a price within yourself that once reached, doesn't stop you from selling. I set a price to sell my bitcoins I set $93k and from there I sold my bitcoins even though I had previously estimated to sell my investment at $80k to $90k but as $80k bitcoins came in it was 95k I placed a sell order at $100k but when I found it a bit risky to get there I sold $93,000. But at this time if you think it is very good to sell then you can sell it if the price falls a bit from here you can re-invest Bitcoin and wait for 2025 because the price is expected to increase in 2025.
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Re: When is the right time to sell my crypto coins?
« Reply #30 on: November 19, 2024, 04:06:14 PM »

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Offline Z-tight

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Re: When is the right time to sell my crypto coins?
« Reply #31 on: November 19, 2024, 05:55:50 PM »
Determining the right market to sell cryptocurrency to invest in is very difficult. But you have to set a price within yourself that once reached, doesn't stop you from selling.
It is good to do that, but i don't think it is good to sell all of your BTC's. You can sell some of it, you can liquidate some of it and put it in other investments like gold or real estate, but i believe BTC is a valuable asset that one should always have some of it. However, if it is altcoins, you can sell it all once you get profit.

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Re: When is the right time to sell my crypto coins?
« Reply #31 on: November 19, 2024, 05:55:50 PM »

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Re: When is the right time to sell my crypto coins?
« Reply #32 on: November 19, 2024, 06:12:36 PM »
Determining the right market to sell cryptocurrency to invest in is very difficult. But you have to set a price within yourself that once reached, doesn't stop you from selling. I set a price to sell my bitcoins I set $93k and from there I sold my bitcoins even though I had previously estimated to sell my investment at $80k to $90k but as $80k bitcoins came in it was 95k I placed a sell order at $100k but when I found it a bit risky to get there I sold $93,000. But at this time if you think it is very good to sell then you can sell it if the price falls a bit from here you can re-invest Bitcoin and wait for 2025 because the price is expected to increase in 2025.
Of course, any investor can sell their crypto assets when you are in profit but that shows that you are more of a trader than a long-term investor, if not selling your bitcoin wouldn't be what you should think of but if it is fine by you, am cool. Setting a price target of when to sell is the best, but don't you think that you were in a rush to sell at 93k. What if the highest price bitcoin will reach this circle is $150k.

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Re: When is the right time to sell my crypto coins?
« Reply #33 on: November 19, 2024, 10:09:20 PM »
How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?

This is very simple to achieve, if we are planning to buy, we are mostly advised to set in when the market is bearish, this will help us to have more increasing chances for making higher profits as well as affording to holding up to our desired duration of time, when we make the calculations from the entry price to that of the current market price, then we may try to covert first into a stablecoin before making any further exchange for fiat currency through p2p

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Re: When is the right time to sell my crypto coins?
« Reply #34 on: November 20, 2024, 05:17:47 AM »
This is very simple to achieve, if we are planning to buy, we are mostly advised to set in when the market is bearish, this will help us to have more increasing chances for making higher profits as well as affording to holding up to our desired duration of time, when we make the calculations from the entry price to that of the current market price, then we may try to covert first into a stablecoin before making any further exchange for fiat currency through p2p
Increasing higher profit is the right time to sell but most important as short or long term trader must set up with their target how much percent profitable earn have to sell. Have bad moment when assets increasing drastically and coins holding price moving up significant but many trader or holder at the greedy moment and won't sell their assets although have raise higher price.
I think set up how much profit have to reach firstly and then sell it before buying back at dip price because all cryptocurrency coins always have uptrend and downtrend moment.

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Re: When is the right time to sell my crypto coins?
« Reply #35 on: November 27, 2024, 06:22:29 PM »
Don't blindly follow experts but always do your own research and gather information You will find plenty of crypto experts on the internet. You may find it hard to believe but it is also a fact that there are no real crypto experts at all. Since cryptos are very volatile, no one will be able to accurately predict their value. When and at what price you purchased a coin and when it exceeds that purchase price your investment will run on the profit line. Then you'll know right away that it's the right time to sell. Selling too early means losing potential profits, while selling too late can mean losing value.

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Re: When is the right time to sell my crypto coins?
« Reply #36 on: November 28, 2024, 05:11:26 AM »

Based on the available common sense (which is getting scarcer by the day) you will sell your coin or token when the price is already good...you are therefore in profit but of course there can be some emergency that we need to face that is why some may sell at a loss or if you are just saving what is left because your coin is destined to collapse. Now, you buy when there is a big dip or you may use the idea of DCA which can be good for people who wanted to steadily invest here in cryptocurrency market. As in anything in life, always use your common sense and the things you already learned here in this expanding and exciting industry. Good luck on your journey.

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Re: When is the right time to sell my crypto coins?
« Reply #36 on: November 28, 2024, 05:11:26 AM »


Offline Tribalchief

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Re: When is the right time to sell my crypto coins?
« Reply #37 on: November 28, 2024, 10:12:24 AM »
Don't blindly follow experts but always do your own research and gather information You will find plenty of crypto experts on the internet. You may find it hard to believe but it is also a fact that there are no real crypto experts at all. Since cryptos are very volatile, no one will be able to accurately predict their value.


I always come across some of these crypto influencer's post on X, making analysis with almost certainty, which in most cases doesn't even happen. Well, we can't blame. Their main aim is just to get more attention and promote some shitty dump and pump project. Seriously, I don't think anything should stop a newbie or someone who is into crypto to follow up with news, and maybe even check out charts once a while. I don't think one needs to attend a crypto summit before he/she can understand what an upward and downward movement of a candle is. The problem we just have today is that people just tend to rely on what others say, when they can get a full info on their own.

Quote
When and at what price you purchased a coin and when it exceeds that purchase price your investment will run on the profit line. Then you'll know right away that it's the right time to sell. Selling too early means losing potential profits, while selling too late can mean losing value.

Ehhn, the only problem here is now telling the exact time to sell, because trying to wait further for a more profiting opportunity can ruin everything. So, I think, if the profits happens to be satisfactory (with no greed), then it's fine to sell at that point.
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Offline Z-tight

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Re: When is the right time to sell my crypto coins?
« Reply #38 on: November 28, 2024, 11:18:44 AM »
And also other coins, the mechanism is quite similar, the realistic target.
I do not completely agree that altcoins are quite similar, there are so many pump and dump coins that have no utility, for such coins i recommend that people take their profits as soon as possible, if you delay you may not get the opportunity again. Unlike BTC, if you don't take your ROI in BTC and the price falls, it will surely rise again, you simply have to be patient.

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Re: When is the right time to sell my crypto coins?
« Reply #39 on: December 03, 2024, 01:09:11 PM »
And also other coins, the mechanism is quite similar, the realistic target.
I do not completely agree that altcoins are quite similar, there are so many pump and dump coins that have no utility, for such coins i recommend that people take their profits as soon as possible, if you delay you may not get the opportunity again. Unlike BTC, if you don't take your ROI in BTC and the price falls, it will surely rise again, you simply have to be patient.
One of the main reasons on why people or investors would really be that trying out to touch up altcoins because of the possible or more profitability that they could get when it comes to it on which it will really be something comparable when they do deal up with Bitcoin. When it comes on a bit having that security then it cant really be denied that Bitcoin will really be always be having the main consideration when it comes into this aspect. Its not bad to deal up with altcoin investing as long you do really know on what you are doing and not really just that making yourself that delusional because usually people do really end up on messing up their investment on the time that they've been expecting too much.

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Re: When is the right time to sell my crypto coins?
« Reply #40 on: December 04, 2024, 10:57:27 PM »
And also other coins, the mechanism is quite similar, the realistic target.
I do not completely agree that altcoins are quite similar, there are so many pump and dump coins that have no utility, for such coins i recommend that people take their profits as soon as possible, if you delay you may not get the opportunity again. Unlike BTC, if you don't take your ROI in BTC and the price falls, it will surely rise again, you simply have to be patient.
This may be more about our strategy for these coins. Because indeed, there are altcoins that already have a high market cap and their increase is significant, and do not use pump-and-dump. However, on the other hand, there are many hype coins whose mechanisms often use the pump-and-dump system. That's why some altcoins do require a different strategy.

And for top altcoins that already have their own value, we really need to set targets gradually, so that we can develop our capital. While for new coins with hype, usually only with small capital, then we have to look at the market more often when buying, because we won't know how much the coin will increase after we buy it. and if it's already considered enough, it doesn't profit immediately.

However, we do have to be careful and have our own strategy in taking profits so that we don't become greedier and greedier.
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Offline alltalk

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Re: When is the right time to sell my crypto coins?
« Reply #41 on: December 04, 2024, 11:16:39 PM »
There is no certain time to sell your coins (taking profits). It purely depends on your target for taking profits. If it already reaches your target, you can sell your coins. However, you sometimes need to adjust your target due to some factors. If it is unlikely to reach your target, it is better to lower the target. That's why it is important to learn the whole aspects of the coins before we invest in the coins. So, we can make a proper or realistic target for taking profits in the future.

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Re: When is the right time to sell my crypto coins?
« Reply #42 on: December 05, 2024, 04:36:22 PM »
It is good to do that, but i don't think it is good to sell all of your BTC's. You can sell some of it, you can liquidate some of it and put it in other investments like gold or real estate, but i believe BTC is a valuable asset that one should always have some of it. However, if it is altcoins, you can sell it all once you get profit.
That’s right!
Liquidating the whole of one’s Bitcoin portfolio is absolutely a bad decision, even if the intention is to wait for a DIP and then buy again, because this is often the flawed mentality many investors often have and many end up falling into this trap. It’s a very wrong strategy that could lead to missed opportunities and sometimes regrets.
The market is 100% unpredictable and attempting to time the market could lead to disaster.

If an investor feels the need for diversification, then it’s understandable to sell off a smaller portion of their holdings and then diversify in other assets rather than selling the whole thing, because Bitcoin accumulation and investment is a long term journey and if you’ve been able to come so far that you’re seeing some good profits, liquidating the whole asset would discourage you from buying again, and even if you manage to buy again, it’d take you a longer time to get to that level again, and you’ll also miss out on awesome opportunities that may likely arise during that period.

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Re: When is the right time to sell my crypto coins?
« Reply #43 on: December 05, 2024, 09:38:23 PM »
Some investors are already selling their bitcoin right now, while some are still waiting to see it pump the more, but if we already set in around $60,000 or below, then selling a this time is not a wrong decision to do, because we have made some profits and earned form it already, but if we are going by this option, then we will have to make sure that we are positioned as to buy the dip after selling what we are holding.

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Re: When is the right time to sell my crypto coins?
« Reply #44 on: December 06, 2024, 03:49:29 AM »
How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?
This is just my opinion and my instinct if I am in a trading position because you said when is the right time to "sell" coins and my answer is:
1. We sell coins when the market is green
2. We sell coins when we are already in profit
3. We sell coins when the price goes up

From the three points, all of them are profits that have entered our portfolio, if the market is green but our portfolio is still at a loss, then don't sell it and just wait until the price goes up and this applies to Bitcoin trading, not trading for altcoins.
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