A book to read on when to sell (before a crash) - page 4.

Rexler

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

I can't think of any book for now, cause I haven't come across such book that tells you when to sell your coins, I do see and read alot of trading books out there, but none will tell you when is the right time to sell, individually it's up to you to know when you have reached your targeted profit then sell off your crypto,and besides the only things trading books will always tell you is that you shouldn't be too greedy and want too much profit.

Quidat

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Quote from: batang_bitcoin on March 10, 2021, 03:50:09 PM

Quote from: milewilda on March 09, 2021, 02:51:57 PM

Quote from: batang_bitcoin on March 09, 2021, 02:39:23 PM

If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

You got it right!

If things like this do exist then it wouldnt really be just easily be shown nor be known in public but rather those people who have known it will just definitely spoil it out and use up on their own
and make themselves rich.

This is just like some wish or dream on finding out things that could able to predict the future which we know that this only happen on that particular time but once you have faced the reality
then this isnt the scenario you would really be experiencing.

Lots of books and other analysis out there but those arent 100% precise.

Yes, that's the typical product sales which is very attractive to those people who are starting out. And maybe not only for them but for those people who share the same interest.
Who doesn't want to know a secret in trading and you'll able to gain knowledge by just reading the market when to sell and buy? of course, all of us want it but this is crypto market and it's a very unpredictable market that no one can ever have the 100% accuracy in guessing.

Even if you do talk about forex or stock market trading it wouldnt really be still giving any difference.Even those market are less volatile but doesnt mean that those things are predictable
which simply means that no market on this world neither of those two could really be predicted on whats ahead and if those things do exist then it wouldnt really be on sale nor being shared
up so easily and to those who do make out some claims on having books telling about signs or things knowing first before a dump or pump then those are bullshit type of claims.
They are just trying to sell out those books for other profit source which does simply shows that they arent really making money at all. hehehe

batang_bitcoin

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Quote from: milewilda on March 09, 2021, 02:51:57 PM

Quote from: batang_bitcoin on March 09, 2021, 02:39:23 PM

If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

You got it right!

If things like this do exist then it wouldnt really be just easily be shown nor be known in public but rather those people who have known it will just definitely spoil it out and use up on their own
and make themselves rich.

This is just like some wish or dream on finding out things that could able to predict the future which we know that this only happen on that particular time but once you have faced the reality
then this isnt the scenario you would really be experiencing.

Lots of books and other analysis out there but those arent 100% precise.

Yes, that's the typical product sales which is very attractive to those people who are starting out. And maybe not only for them but for those people who share the same interest.
Who doesn't want to know a secret in trading and you'll able to gain knowledge by just reading the market when to sell and buy? of course, all of us want it but this is crypto market and it's a very unpredictable market that no one can ever have the 100% accuracy in guessing.

wxa7115

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

There is probably no book that is as specific as what you're looking for however any trading book from a reputable author should cover one of the most important aspects of any trade which is when to sell, I will recommend to you that you read several books about the subject until you find a strategy that you can follow consistently and that makes sense to you.

Also I will recommend to you that you do not buy altcoins that you think have the potential of making a movement like that, it is true that if you invest in some unknown altcoin you could see results like that but that is very unlikely, the most likely scenario is that you're going to lose all of your capital without even realizing, it is better to invest in bitcoin, the profits are not going to be as big as that but having profits is always better than having losses.

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

if a book can keep you from potential losses it is a magic book...
in trading, what you have to activate is your intuition. other than that, you have to follow updates starting from news and also social media so you can get a signal where the price of the coin/token you want to sell.

jrrsparkles

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

If someone can tell that secret then everyone can make huge amount of money or why someone needs to sell trillion dollar idea to few bucks?

Just make your own decisions and importantly, sell FOMO.

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Quote from: batang_bitcoin on March 09, 2021, 02:39:23 PM

If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

To be more precise, books are merely enhancers of knowledge from a long past experience. Books cannot be used as a reference for current market analysis, but books can provide a way to deal with market situations, both present and future. The simplicity is for insight not less and nothing more. the knowledge gained from the book still has its benefits.To be more precise, books are merely enhancers of knowledge from a long past experience. Books cannot be used as a reference for current market analysis, but books can provide a way to deal with market situations, both present and future. The simplicity is for insight not less and nothing more. the knowledge gained from the book still has its benefits.

Shasha80

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If there really is a book that explains crypto trading, no one gives predictions when we should sell. And if such a book existed, I thought it would
only provide misleading info. Because it is impossible for anyone to know the exact price movements in the market. Most books on crypto trading
are related to the author's experiences as successful traders or about how to learn the technicalities of trading.

Ryker1

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Quote from: batang_bitcoin on March 09, 2021, 02:39:23 PM

If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

Well, you have a point there because the truth, --there is no such kind of book, and no one can predict the price movement.
Perhaps there are books that related to trading like analysis, those are technical and fundamental analysis which is forecast almost near to the result of bitcoin price. Just read the book of ^{[Andreas Antonopoulos]}, he is a bitcoin advocate and entrepreneur that perhaps a wide knowledge when it comes to prediction. If you don't see any books, find a crystal magic ball that will predict the future. ^[kidding]

LUCKMCFLY

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

Normally it happens that when the price of Bitcoin rises and most people lose it they want to enter, and sometimes they enter when they sell, what you have to do is, wait for a new ATH to take and be aware of the volume, the volume is the which gives all the information, if you want to obtain prices and transactions in real time with the volume represented for purchases with green color and for sales in red color, follow up by tensorcharts.com, with the free version it works well, it also has a version pay, but it is if you want.

Help yourself with millionaire wallets, if they grow in percentage it is because millionaires are betting on the bullish trend. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

milewilda

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Quote from: batang_bitcoin on March 09, 2021, 02:39:23 PM

If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

You got it right!

If things like this do exist then it wouldnt really be just easily be shown nor be known in public but rather those people who have known it will just definitely spoil it out and use up on their own
and make themselves rich.

This is just like some wish or dream on finding out things that could able to predict the future which we know that this only happen on that particular time but once you have faced the reality
then this isnt the scenario you would really be experiencing.

Lots of books and other analysis out there but those arent 100% precise.

batang_bitcoin

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If there's a book like that then you'll notice the skyrocket on that book's sale. But there's no such as that, it's no different from listening to an experience of a trader and sold well before a crash happens. What you have to consider is when you have profited a lot and you think that you're enough with the gains. If you're good and satisfied then that's the time you have to sell even before a crash happens or another possible pump might occur.

Swopon

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I have no inkling if there is such a book. However, if you search, you can discover it. In the book, the writers have conveyed their specific impressions. Everything may not be apparent there. No other book can guarantee the future but give ideas. Besides books, it would be good to read Daily's blogs and magazines. A book can never be a cure for a crash. Work should start slowly then it will be understood when to sell or buy.

maydna

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

I don't know about the book. But if it is related to when to sell, that will depend on your target price to sell. For example, if you have a target price to sell at $65k, you need to hold on tight to your bitcoin and not sell bitcoin if the price not reached that price. Even if the price needs more than 3 years to reach your target price, you need to hold it still.

I think it is about your target price and how long you will hold the bitcoin because only you know when to sell, not the book, and not people suggestion.

crwth

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https://linktr.ee/crwthopia

You know, all of the people who have witnessed the 2017 pump and dump have always not known that it will go to the point we are in now, which is $50k in value. The part that we need to understand is that no one has the perfect answer to it. The behavior of humans is always changing, and it will still go to evolve. Right now, we are witnessing financial structure changes that no one has seen before, and after a while, more and more people would get into this space, and it will continue to rise.

The OP is aiming to get the best profit by selling at the top when there would be a continuous accumulation of BTC at the bottom again—making it a win-win situation for him.

I think everyone wants to have that exact moment but the only safe and less risk to do is accumulate more hoping that it would reach higher.

SquallLeonhart

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Quote from: PaperWallet on March 07, 2021, 05:55:17 AM

I am in no way looking to be safe. I am willing to be risky. I don't mind having a book with a personal opinion of the writer, provided he is a reputable writer. It is just an approximation of the thing. If I sell at 50x gains, then the price goes up by 200% then crashes 90%, I would be more than happy. If you have one of these books giving personal opinions, please tell me.

I am not invested in crypto on a daily basis or even a monthly basis. I just bought once last year and that's it. I just need some insights on when to sell, before the big crash.

I would say that there is no book preventing a crash, but there are books that tell you how to pick and why pick something which could help you. Peter Lynch probably wrote the best books in his time, he was one of the best investors of his time and dude basically gave everyone a way how they could make money, it is all about finances and also future of a product, he even invested into something because his daughter and friends were in love with the product, he researched and figured out that a whole segment of women age between teenager years were in love with the product for a decade or more and he realized new teenagers like it as well and that is why it is never ending profit for it, he figured that out just from his daughters and friends reactions.

Basically, he talked about all the ways you can approach how to buy, and when you figure out how to buy, selling becomes easier.

PaperWallet

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Quote from: Theb on March 07, 2021, 08:08:44 AM

Quote from: Russlenat on March 07, 2021, 05:15:26 AM

First of all, crashed did not happen in 2017, it happened in 2018.

*A crashed did happen in 2017 to give you specifics just when Bitcoin has reached its ATH in 2017 which is around 19,600$+ on December 17 it started to fall down at that point if you wanna correct me just provide me a chart which will prove me wrong.

@OP if you are looking for a particular book about crypto trading I would advice you not to do so since books about technical analysis would be enough for this one since analyzing both charts of a stock and a cryptocurrency is all similar. Books such as Technical Analysis of the Financial Markets by John Murphy and Encyclopedia of Chart Patterns by Bulkowski are something that I personally have read and they are both noob friendly books IMO.

Ok thks this helps!

And thank you also for everybody else who posted here, every post here was smart in my view and helped me!

PaperWallet

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Quote from: seoincorporation on March 07, 2021, 11:17:07 AM

There are not many books that predict the future but you can try with this one:

The best way to know if the markets will have a big change, is to follow the whales, you don't need to read a book for this, you only have to analyze the markets and get the whales alerts from this Twitter account:

https://twitter.com/whale_alert?lang=es

Hahaha lol I like this.

Anyway thank you for the whale alert I didn't know about that!

aysg76

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Quote from: PaperWallet on March 06, 2021, 06:28:38 PM

Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.

Thank you!

If there were such books available in the market then anyone would have not suffer loss.There no such thing as perfect because imperfections are way to creating new innovations and improvements to upgrade your knowledge and make profits out of them.You can read various books on Kindle or follow trading signals but all you will learn is with your knowledge,skills and experience.Nobody is perfect in this world and you learn with time and build your trading skills to succeed not by reading books.

seoincorporation

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There are not many books that predict the future but you can try with this one:

The best way to know if the markets will have a big change, is to follow the whales, you don't need to read a book for this, you only have to analyze the markets and get the whales alerts from this Twitter account:

https://twitter.com/whale_alert?lang=es

Topic: A book to read on when to sell (before a crash) - page 4. (Read 840 times)