In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
True!!!! Don't be greedy as mostly greed leads to huge losses. A very good example for this is that famous story named 'The greedy dog'
. So be a human being , don't become greedy dogs
. Don't wait for 100%-200% hikes, just sell your coins at 20%-30% profit. Crypto is highly volatile, you never know when you will loose your wealth.
We can assume that greed is a human nature, I think it's a psychological response of our brain that tells us to hope for more even we knew we're already profiting. It's easy to say that don't be greedy, but the temptation is much more stronger than contentment, like when we see our coins is doing good and it's time to take profit but since the trend is good and so we anticipate that it will increase more, so we didn't sell. But unfortunately, you had loss.
Likewise, remove the emotional thing and let the profit speaks to itself.