Pages:
Author

Topic: How do you know when to sell? - page 3. (Read 2175 times)

member
Activity: 252
Merit: 11
July 21, 2021, 11:56:00 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.
newbie
Activity: 8
Merit: 0
July 19, 2021, 04:28:26 PM
Hi, thesmallgod!!

This is not related to this post, but could you check your older post here please? https://bitcointalksearch.org/topic/a-dissection-of-bitcoin-book-5066380

I couldn't message you. Thank you so much!!
member
Activity: 633
Merit: 10
July 15, 2021, 11:50:27 AM
how to identy selling strategy always interested to discussed, some traders have opinion we could start selling when our target profits reach no matter how its condition on chart , is it have possibility to still increase or not. and some traders which is chartis, usually always use support and resistance analisis to identify the best level to liquid or take buy position. once again it always depend on our own plan to generate profits in market.
full member
Activity: 1190
Merit: 108
July 15, 2021, 11:16:51 AM
First, you need to set your selling target, and if it has reached, its your first safe point and think again for your next step.
If it has been sold, don not regret when the price is going high from last you have sold it, and if it not sold yet, you need to be more patient while check your targets sold were too high or market turning back from your target because some big issue.
If you have strong fund to do trade, you must not worry you will be loose, price will always going up and down actually. And when you need references, so many market analysator out there, you can pick one or buy it for subscribe to guide your market analytics.
full member
Activity: 826
Merit: 100
July 15, 2021, 02:43:39 AM
When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.
When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.
full member
Activity: 1121
Merit: 100
July 15, 2021, 01:10:26 AM
When you have gotten huge profit, then you should not be more greedy. You should sell your coin without any doubt. Because, if you got a double or good profit, then you should sell your tokens and waiting for dumping the crypto-currencies and you buy again which you want.
member
Activity: 114
Merit: 10
July 14, 2021, 11:27:54 PM
Knowing the time to buy and sell is the most important thing in trading. To understand the initial purpose of currency creation, analyze market conditions and use various indicators to analyze price trends.
The price of cryptocurrency fluctuates greatly, and there are great risks in crypto market transactions. Risk management strategies must be done to stop profits and stop losses in a timely manner. Don't sell it when the price falls because the price rises and falls affect the market sentiment.
full member
Activity: 1736
Merit: 116
July 14, 2021, 03:43:24 AM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.
nice thought. by accumulating profits on an ongoing basis it will generate large profits as well. sometimes this is a psychological challenge for traders. therefore we cannot underestimate scalpers who patiently collect a little profit on each transaction. they make transactions briefly and with short targets too

To be able to get big profits, it is possible to collect small profits, because in trading there are various ways to be able to generate large profits.
If we do have big capital, we can immediately generate large profits. The problem is that not everyone trades with large capital, even
the majority of people may be trading with small capital, because the risk of trading crypto is indeed very large. If our small capital can do scalping,
we can take small profits but sustainable. This means that if the profits we get from scalping are collected, this can make us generate large profits.
The problem is scalping requires experience and good analytical skills, so we can know when is the right time to buy or sell coins.
 
sr. member
Activity: 1344
Merit: 253
July 14, 2021, 03:24:25 AM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.
nice thought. by accumulating profits on an ongoing basis it will generate large profits as well. sometimes this is a psychological challenge for traders. therefore we cannot underestimate scalpers who patiently collect a little profit on each transaction. they make transactions briefly and with short targets too
hero member
Activity: 2842
Merit: 625
July 13, 2021, 06:30:45 AM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
We're all trading because we've got our own purposes and that is to make money.

We sell when there's a profit that we see and sometimes we have to sell so that we can cut our losses in the long term. There are times that our plans won't be met but as long as the profit is already there.

We're taking that profit as soon as possible so that the capital we have during the start will be recovered.
You are right and when it comes to decision making then this would be entirely be depending on someones own will and mindset because people are way too different on making that one.
We do have the main aim which is to make money but doing all sorts of things will really be different to each other so profitability does really differ depending on how you do all sorts of things.
One priority or aim is really on profits but due to some factors like fear, greed and way too impatient then this will really affect you badly which would result into
missed opportunities or selling way too late but as long we are on greens then that would really count.
Those factors about having fear and greed.

These will lead the trader to go into panic whenever he sees the market unfavorable to the likes of him. And that trader is likely new to the market.

That's why it's common to have those traders experience the worse trades first before learning from it and can depict when is the right time to sell after learning.
sr. member
Activity: 1050
Merit: 250
July 12, 2021, 06:44:47 PM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
it is good trade plan dude, consistant with our goal will give us huge profit it accumulate for long time. sometime we didnt care about small profits and only huge profits instantly, meanwhile earning huge profit must sacrifie lot of balance too. but if we could patient and accumulate our small profits consistently , someday it will be great. i am agree on how you trade and close transaction.
sr. member
Activity: 2226
Merit: 347
July 12, 2021, 04:45:49 PM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
We're all trading because we've got our own purposes and that is to make money.

We sell when there's a profit that we see and sometimes we have to sell so that we can cut our losses in the long term. There are times that our plans won't be met but as long as the profit is already there.

We're taking that profit as soon as possible so that the capital we have during the start will be recovered.
You are right and when it comes to decision making then this would be entirely be depending on someones own will and mindset because people are way too different on making that one.
We do have the main aim which is to make money but doing all sorts of things will really be different to each other so profitability does really differ depending on how you do all sorts of things.
One priority or aim is really on profits but due to some factors like fear, greed and way too impatient then this will really affect you badly which would result into
missed opportunities or selling way too late but as long we are on greens then that would really count.
hero member
Activity: 2842
Merit: 625
July 12, 2021, 04:37:57 PM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
We're all trading because we've got our own purposes and that is to make money.

We sell when there's a profit that we see and sometimes we have to sell so that we can cut our losses in the long term. There are times that our plans won't be met but as long as the profit is already there.

We're taking that profit as soon as possible so that the capital we have during the start will be recovered.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
July 12, 2021, 03:51:01 PM
Personally, I trade for my own purposes.
First, I determine how much profit I want to get from each specific coin, then, when the goal is achieved, I sell some of the coins and see what happens to the market next.
I leave some of the coins intact in case my expectations exceed themselves.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 12, 2021, 01:11:47 PM

in crypto trading we often don't get a resistance area on the left side of the market, often a new ATH is formed. therefore we have to be careful when we come across something like this, because at any time the price can dump. unless there is a resistance area on the left, then we can sell in that area, and for me the important trade is getting a profit, and being able to reach the target we set

If you understand well the formation, it's  a good basis to avoid making mistake in deciding when to let go if the market is not moving according to how your percept it.

You must know your target having a good stop and loss will allow you to adjust and see how will you manage to gain compensations.

Be always active with the patterns and strategy that you are using, it's not easy but it guides you to anticipate the possible market next movements.
hero member
Activity: 1022
Merit: 517
July 12, 2021, 12:51:17 PM
The best time is the time you have set and you take off profit when it reach that.
Unfortunately, the price won't always reach the target. Sometimes, after buying and setting a specific price as the target to sell, the price of the coin drops constantly. Some people can feel frustrated and decide to sell immediately. Because of this, I don't want to specify a certain time as the best time to sell. In my view, when we sell our coin, should be the right selling time. The right time or best time isn't only determined by the number of profits but how important it to sell the coin at that time.


You need to have some different target at which price you are going to sell your coin. Depends on how many percent of profit you are willing to get. Lets say you set your target at 25% 35% and 50% profit so you need to divide your asset into that 3 target. Once you reach the lowest target then you can change the higher target based on the latest market condition.

In case the price dropped constantly after you bought the coins, you can do CL if you see that the price if going to drop again and again so you can buy it again with lower price. I have to agree that the best time is not based on the profit, the best time to buy and and sell is the time when you know that it is the right time to do it based on your own researches and strategy.

Every trader has their own strategy, target, and limit for their trading activities. The most important thing is, spend your money wisely and do not use your main money for trading if you are not ready to lose it.
member
Activity: 770
Merit: 12
Trphy.io
July 12, 2021, 09:20:13 AM
The best time is the time you have set and you take off profit when it reach that.
Unfortunately, the price won't always reach the target. Sometimes, after buying and setting a specific price as the target to sell, the price of the coin drops constantly. Some people can feel frustrated and decide to sell immediately. Because of this, I don't want to specify a certain time as the best time to sell. In my view, when we sell our coin, should be the right selling time. The right time or best time isn't only determined by the number of profits but how important it to sell the coin at that time.

in crypto trading we often don't get a resistance area on the left side of the market, often a new ATH is formed. therefore we have to be careful when we come across something like this, because at any time the price can dump. unless there is a resistance area on the left, then we can sell in that area, and for me the important trade is getting a profit, and being able to reach the target we set
sr. member
Activity: 826
Merit: 263
July 12, 2021, 04:31:47 AM
The best time is the time you have set and you take off profit when it reach that.
Unfortunately, the price won't always reach the target. Sometimes, after buying and setting a specific price as the target to sell, the price of the coin drops constantly. Some people can feel frustrated and decide to sell immediately. Because of this, I don't want to specify a certain time as the best time to sell. In my view, when we sell our coin, should be the right selling time. The right time or best time isn't only determined by the number of profits but how important it to sell the coin at that time.
jr. member
Activity: 71
Merit: 5
July 11, 2021, 10:49:44 PM
It is not easy to make a profit in the trading market, so you need to do better than others, and be better than others in some trading rules and strategies. I just summarized everyone's discussion in the last post. helpful.

1. "Fear the market and always keep a clear mind; the lesson of loss is more than profit; don't put most of the funds in the exchange" (find a trusted exchange) to ensure your transaction;

2. Greed is a big taboo, and stop loss is a common operation;

3. "A lot of investigation, analysis, and trading strategy should be made before trading, and then invest again";

4. "Ignorance, FOMO, greed and panic are the most important things to avoid in trading". Control your emotions;

5. Check, review and correct your own transactions;

6. Control your own trading risks and continuously enhance your learning awareness;

7. Follow the trend and operate self-discipline.

https://bitcointalksearch.org/topic/m.57440402
This is the link to the content of the previous post
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 11, 2021, 10:17:12 PM
The best time is the time you have set and you take off profit when it reach that. One of the greatest mistakes is not having in mind how much profit you intend to make from a coin, This is very important because it shows you have plan for every of your moves and this is exactly what happens when you are a crypto trader but refuse to take profit when the price has gone up above the amount you have in mind

You need to have such goals if you wanted to earned decently from this venue of investment,

not setting your target is a big No since the market is so volatile as in any moment the momentum will change a lot.

If you have good plans and you can stick  with it, your chance of gaining good compensations is really good. Make sure not to use too much emotions.

Pages:
Jump to: