Topic: How do you know when to sell? (Read 2189 times)
I think that this is the most difficult task to judge for selling and buying. But it is not so difficult for those who know the technical analysis. Because professional traders buy coins from strong support level and sell coins at strong resistance level. We can easily find support and resistance levels from chart. And don't sell your coins in panic condition otherwise you will lose your funds. So, hold it tightly and wait for the best time for selling.
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
indeed we can not escape from greed, if there is an opportunity to be able to enjoy the opportunities that exist. normal things are sometimes done, because of lust and not analyzed properly.of course to remember too, that not all alt when pumping to increase we do not take any action. because usually what happens the opportunity will be lost. because only the best-ranked alts we can trust, other than that it doesn't guarantee that if we let go of the opportunity, it will disappear and not be on the exchange anymore. always analyze if the opportunity occurs in alt, because many alts are inconsistent.
Actually when you want to sell depends on the altcoin, for potential altcoins such as ETH and BNB, I think there is no need to rush because this project does have good liquidity. And for example for other altcoins that have not developed well in the market, I think this depends on the strategy and determination of profit targets, because we cannot hold these altcoins. If the profit target has been achieved I personally immediately decided to sell it.
I agree and believe in what you are saying, because many alts of course potential alts are something we can analyze. There is no need to be complacent when it increases, because it is possible to increase again, there are opportunities. indeed must always analyze well the movements that occur with also not be separated to see the movement of bitcoin.it's true that if the target is in accordance with what we want, it is appropriate not to be greedy and keep waiting for it to increase again, because it could happen that the opportunity will be lost and it takes more time to wait for it to increase.
Yes It will depends on the individual When he thinks it's good timing and profitable to sell. I am selling with small profit not always it depend on the coins and then i seeing price up after i sold out then i try to pick newly for extra some profit.
There is no specific time for selling. But if the price gives you benefit, then you should sell that coin. Some individuals set a value, if the coin reach to that value then you should sell that coin. But if the price fall down then you should hold that coin and wait until the price become higher again.
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
Actually when you want to sell depends on the altcoin, for potential altcoins such as ETH and BNB, I think there is no need to rush because this project does have good liquidity. And for example for other altcoins that have not developed well in the market, I think this depends on the strategy and determination of profit targets, because we cannot hold these altcoins. If the profit target has been achieved I personally immediately decided to sell it.
The burden of knowing when to sell or get out of a coin that's been pumping is usually a very big problem for traders. But when to sell is when retail investors that is small Traders are chipping in to get a taste of the pump then you should know that the coin is near the top so be preparing to cash in on your profit
Same in the case with me, most of the time that whenever i go some coins to sell then only the coins drop and when i sell then the coins gains its position, i don't know why this happen but many times this thing happen. Probably trading should be done through following some of the basic trading strategies, only we can get profit.
I set a target goal and I usually decide to sell once I reach it. It's hard to decide sometimes but having a concrete plan is an advantage. It's.important that we'll know when to stop holding and when to continue. Setting a target goal and following it could keep us away from greediness or aiming for too much profit which could just lead to losses in the end.
I agree that we must be disciplined with the target sell that we have set, if we have already reached the price according to our target, sell right away.
Never put it off, because we want to get a bigger profit, greed will only lead us to loss. If our target has not been achieved we must be able to be patient,
because trading does require patience.
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
nothing will work if it is still overwhelmed by the desire to keep getting more or because of greed. Never dream of a very large profit with a small capital. in trading we must be realistic in looking for profits so that it leads us to continue to trade over and over again by looking for modest profits in every trade. I think it's really worth it to avoid a big risk.Much better doing thigs like that, setting up your target and allow profits being pocketed instead of waiting for unrealistic growth
and regret when the value of such asset start to fall back,
You have to make sure that you are willing to wait and not to be greedy, that's really the very bad attitude if you are aiming for
good benefits from this business.
It's wise to understand your goal and execute it with decent profits.
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
nothing will work if it is still overwhelmed by the desire to keep getting more or because of greed. Never dream of a very large profit with a small capital. in trading we must be realistic in looking for profits so that it leads us to continue to trade over and over again by looking for modest profits in every trade. I think it's really worth it to avoid a big risk. I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
Knowing when to sell depends on your personal profit target. Before you buy a coin you should have a profit target in mind and once you make that profit it's adviceable you sell and wait for another dip before you buy again. The truth is no one controls the market you can only speculate and we all know it's not always accurate most times 
I set a target goal and I usually decide to sell once I reach it. It's hard to decide sometimes but having a concrete plan is an advantage. It's.important that we'll know when to stop holding and when to continue. Setting a target goal and following it could keep us away from greediness or aiming for too much profit which could just lead to losses in the end.
I agree that we must be disciplined with the target sell that we have set, if we have already reached the price according to our target, sell right away.
Never put it off, because we want to get a bigger profit, greed will only lead us to loss. If our target has not been achieved we must be able to be patient,
because trading does require patience.
It is satisfactory when we decide to sell and obtain the profit that we set out to do, but has it not happened to you that you have cut your profits? That is, in trading when we take profit sometimes we realize that the price continues to rise or move much more in favor, if we cut that profit, we would be cutting much more than we can earn, is it not better to extend the profits? That is, my technique is very subtle, if I see that I reached my profit, why not let it go? and just move the Stop Loss? until making the Stop Loss look like a take profit.
I set a target goal and I usually decide to sell once I reach it. It's hard to decide sometimes but having a concrete plan is an advantage. It's.important that we'll know when to stop holding and when to continue. Setting a target goal and following it could keep us away from greediness or aiming for too much profit which could just lead to losses in the end.
I agree that we must be disciplined with the target sell that we have set, if we have already reached the price according to our target, sell right away.
Never put it off, because we want to get a bigger profit, greed will only lead us to loss. If our target has not been achieved we must be able to be patient,
because trading does require patience.
It is not clear that when to sell. But it is necessary to buy coin when the price is low and if the price become pump then you should sell that coin even the pumping is low. The best time of selling is when the price become elevated.
True it may not be clear when to sell but this can be helped when one has a plan. Sometimes you have to go with your guts but sometimes it works out even better to work out the plan and execute after. It gives you time to work out the numbers and prevents you from acting rash. And sometimes putting unrealistic targets may not help, always waiting for those numbers only they never get reached - it is also stressful.
Stressful when too much expectations are on you, it's tough to say when the market will favor your target, especially with the high volatility that we are experiencing inside the market.
You need to know how to adjust because even you already set your goals there are instances that you need to change things out, the good thing is you don't need to rush, you have time to think and decide when you already convince if you need to let go much earlier or you can keep holding and try to wait for some time.
Decision making is the tough part of this business, but following your own understanding helps you not to pressure yourself but to accept whatever the outcome that may take place.
I set a target goal and I usually decide to sell once I reach it. It's hard to decide sometimes but having a concrete plan is an advantage. It's.important that we'll know when to stop holding and when to continue. Setting a target goal and following it could keep us away from greediness or aiming for too much profit which could just lead to losses in the end.
It is not clear that when to sell. But it is necessary to buy coin when the price is low and if the price become pump then you should sell that coin even the pumping is low. The best time of selling is when the price become elevated.
True it may not be clear when to sell but this can be helped when one has a plan. Sometimes you have to go with your guts but sometimes it works out even better to work out the plan and execute after. It gives you time to work out the numbers and prevents you from acting rash. And sometimes putting unrealistic targets may not help, always waiting for those numbers only they never get reached - it is also stressful.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
The best time to sell is when the price is dropping gradually and you are not sure not about the market if it will certainly come up, you feel their may be lost if you keep on trading. I think at this best point this is the best time to sell
This is right but here also you have to pick it at the right time. And the right time is when it start dumping it's first wave. Because if you do late you may sell the token somewhere , when it can back to up from there. If you see it started to go up after selling your coin then you become panic and start to buy again the coin. But this time you have to buy with more price than you sell. Thus you also can lose.In my opinion to find the correct time you must have to experienced and also the chart analysis. or just hold and see watch the market.
When token price up and what i want to expect then i sell. But it doesn't happen Every time.Then when i sell no matter price up or down.It's depends on situation. When you make long term holding, i Think long term holding can get good profit in future but short time hold to get small profit.
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
There is no clear answer to the code and never will be. In general, I am sure that when you analyze all the coins at once, you are scattered and miss a lot, in order to know with confidence when to sell, you need not to scatter all the coins and projects at once, you need to choose a couple of coins for yourself and constantly analyze them, without being distracted by other projects, after that experience and understanding will come when it is possible and necessary to sell them. For me, there is no good or bad time when to sell. Everything depends on situation. In case I'm really short of fiat or in desperate need of it, I will sell my crypto at any price. In all other cases, when you sell today, you must understand that tomorrow the price would be either better, or you would have better opportunities to achieve something. That is it.
If you need the amount you invested better to sell and reinvest when you have spare money. Otherwise, no need to wait forever for 10x ROI, the worst option is to sell when prices are down badly. Unless having an alternative option, using the indicators to detect top price and sell it is the best method, in my opinion. The limit orders are the best method to catch the highly volatile wicks of the candles on small timeframes, if you are lucky you can sell the ETH at the $5k in case of market goes crazy and liquidity dries up on the exchange.snip
It all depends on the trader himself. There's no special time to sell, you have to sell when you feel like it, when you think Bitcoin is at it's highest.
Jump to: