Quote from: Ardolafat on September 14, 2017, 08:06:28 AM

Quote from: Bitcotalk on September 14, 2017, 07:50:33 AM

Quote from: erick94 on September 11, 2017, 06:49:51 AM

Quote from: eloymjb on September 11, 2017, 05:59:40 AM

i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.

your step is very precise, you must sell altcoin when it is good price and is in need. holding the coins too long is also not good because at any time the price of coins can drop drastically so when the price has reached the highest point better sold.

You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit Ill be getting.

Holding is good but it can go the other way too if the price of bitcoin crash in future then your holding would go in vain so the best thing would be to sell your coins when it hits your target price as getting too greedy can also have negative impact on your profits so better to sell when price goes higher and buy it back when price drops.

Very well said! I think there is always a right time to make a decision to sell the Bitcoins for everyone who owns them. I think no one will definitely want to sell the Bitcoins at less profit, I think it is you who has to decide that how much profit you want to earn from it and for how long you need to hold your Bitcoin. You can only make the correct decision.