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Topic: How do you know when to sell? - page 2. (Read 2175 times)

copper member
Activity: 69
Merit: 49
cloak.su
September 09, 2021, 08:25:50 AM
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.
hero member
Activity: 1344
Merit: 502
September 09, 2021, 07:20:17 AM
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.
member
Activity: 798
Merit: 34
August 06, 2021, 01:13:58 PM
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
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
August 06, 2021, 12:14:50 AM
-snip-
for a coin is relative or depends on our thinking when to sell. but I personally think we can make a sale when a coin has increased and we can see the potential of the coin, if the coin seems feasible for the long term we can sell 50% and 50% can hold. but if the coin's potential is not good maybe we can sell and shift the profit to another coin with more potential

The exact way you are doing is indeed, we have to anticipate what we will do from what we have, because all analysis is needed which is also very important before doing what we are going to do, because it is possible to analyze the possibility of mistakes going on.

The action to see which coin we have has the potential or not is to follow the trend that the coin is doing, if it has the potential for the future I better agree to remain hold. but if in doubt will divide it in half and will point it to another potential coin so that if it happens We don't all experience losses because there are backups from other coins. Observation is certainly very important if we believe like you said that the coin is not good, it is indeed a good idea to sell immediately.
hero member
Activity: 3010
Merit: 629
August 05, 2021, 05:41:39 AM
There is not a proper understanding or i can say way but it's all about the traders that how can he manage it and which coin he want to sell. Analyzing is the key to selling any coin. First of all we should analyze the coin and then working on it.
I have many experience of gaining from the coins that I invest in but opted to wait further because im greedy to earn more. Thus I learned my lesson and aware now that its a must to have a plan and set price on when to sell.

Taking profit at times is not a bad thing, instead its an assurance that you already enjoy some of your profit while still waiting. If you already gain, then sell some of your coins, sometimes having contentment can lead you to the right decision to make.
member
Activity: 252
Merit: 11
August 05, 2021, 05:30:40 AM
There is not a proper understanding or i can say way but it's all about the traders that how can he manage it and which coin he want to sell. Analyzing is the key to selling any coin. First of all we should analyze the coin and then working on it.
full member
Activity: 1708
Merit: 105
August 05, 2021, 04:18:03 AM
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.
in the end, needs must be a priority in living this life, it's true that you said there is no special time to decide to sell or buy, just adjust it to the needs that we will do. because everything will go back to normal and when you buy again then the possibility will increase will still happen and there is no need to hesitate to continue investing. there is always an opportunity to be had if we want to try.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 29, 2021, 05:23:01 PM
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.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
July 29, 2021, 05:15:30 PM
I noticed that more often than not, coins that grow unexpectedly by 70-150% are then spent on a correction of about half of the growth.
If you see that your coin has grown so much with a static bitcoin, then do not doubt that a rollback awaits it, which means this is a great chance to take profit.
Mostly I take profit when I got some 20-30% especially this days that market is very volatile you cant trade perfectly so even small profit is good even its goes parabolic atleast you have already take profit the worst is you keep holding for more profit and crashed hard the other day and you left at the top thats very unfortunate. 

20-30% is a very good result if you are a trader. But if you are a trader, you should try to trade in every possible plus.
I prefer investing, trading is too emotionally expensive and risky, it is contraindicated for beginners.
legendary
Activity: 2436
Merit: 1207
July 26, 2021, 02:38:34 AM
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.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
July 26, 2021, 02:35:13 AM
What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.
As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.

After my comment talking about most people here spewing nonsense and clearly demonstrating that they actually have either never traded or do not even know what they are talking about, I have 3 more people quoting and spewing more nonsense.

You,,, show me one expert who says what you did, since you are saying there are many such experts:)
full member
Activity: 966
Merit: 102
July 23, 2021, 08:24:31 AM
If it's an altcoin and the indicators were off the chart I think the instinct will help you out but if it's like common altcoins that has a good trading volume I do think looking at indicators like RSI would be a good idea to know when the market would go down or high but I think the best option is as long as you have profit just be thankful to it even if you sell early.
hero member
Activity: 2352
Merit: 594
July 23, 2021, 08:10:25 AM
I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P
As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.
sometimes we know we have to match the target set, and to set the target I usually use the resistance area, but the problem is sometimes my psychology is disturbed so that it seems as if I want to end the transaction before reaching the target, and when setting a stop loss sometimes I am calmer if I experience floating minus
Well, a good trading strategy is to set a stop loss and a target profit, which usually leads to success. We all know that greed leads to loss, and if you aren't delighted with your profit, your account will be burned. Setting a daily target and sticking to your strategy, as well as being able to manage your emotions, are the fundamentals of trading that you should learn and look for. Emotion is your worst enemy in trading because it causes you to stop thinking and simply press the sell or buy button, which is not in accordance with your strategy. Learn to manage them so you can manage your money.
member
Activity: 700
Merit: 10
July 23, 2021, 08:05:14 AM
I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P
As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.
sometimes we know we have to match the target set, and to set the target I usually use the resistance area, but the problem is sometimes my psychology is disturbed so that it seems as if I want to end the transaction before reaching the target, and when setting a stop loss sometimes I am calmer if I experience floating minus
sr. member
Activity: 1484
Merit: 253
July 23, 2021, 05:47:26 AM
I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P
As a trader, you need to know when to sell and how to set targets to gain profit. It depends on your strategy on how do you use it or how you do it. If you have made a decent profit, which means anything more than a doubling and tripling of your initial investment based on your latest price, then given the recent volatility many personal finance experts say it maybe a good time to sell an amount equal to your original investment up to 50% of your holdings.
jr. member
Activity: 111
Merit: 1
July 23, 2021, 04:56:30 AM
It depends upon you whether do you want to get a short profit or you waiting for a large profit then you can sell according to your wish. But it think profit matters whether it is small even, you should take that profit and save yourself from the loss.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
July 23, 2021, 03:33:10 AM
I get a headache reading your responses sometimes you guys sprout a lot of nonsense,,, I mean the question is clearly asking when to sell and you know.

And so few answers are actually helpful:P

Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.

What exactly are you trying to say here? Use your own intellect? The whole point of trading is not to follow your instinct or intellect but to follow what the numbers tell you to go, depending on the strategy you use.

Big businessmen my ass:P
sr. member
Activity: 1414
Merit: 326
July 23, 2021, 12:47:01 AM
In trading reading is very important for which you have to take analysis and an important point about this is you have to follow the big traders which give signals about the coins that might give you much profit and you will not be suffer from much loss as compared to trading by yourself.
Trading is always done with your own intellect when others follow the rules, nothing is learned and the wrong signals are given. It is easy to know the trading strategies if you go ahead by applying your own knowledge and skills so that you can know the right time to sell the big businessmen move forward based on their own experience.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
July 22, 2021, 01:58:54 PM
I noticed that more often than not, coins that grow unexpectedly by 70-150% are then spent on a correction of about half of the growth.
If you see that your coin has grown so much with a static bitcoin, then do not doubt that a rollback awaits it, which means this is a great chance to take profit.
sr. member
Activity: 2002
Merit: 250
July 21, 2021, 12:07:29 PM
In trading reading is very important for which you have to take analysis and an important point about this is you have to follow the big traders which give signals about the coins that might give you much profit and you will not be suffer from much loss as compared to trading by yourself.
Following and seeking advice from senior traders is certainly nothing wrong,
but we should not just follow it without studying it ourselves because I think it will be bad in the future,
I only recommend it and it all comes back to their respective decisions
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