How do you know when to sell? - page 5.

darewaller

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Quote from: Peanutswar on June 27, 2021, 10:08:45 AM

One of the best ways to identify when is the right time to sell in the market is with the use of your knowledge.

Knowledge? I guess we have simple term for that for the trading environment: analysis. Yes, your selling decision should be analysis based. If you are making use of TA and FA for buying your coins then you must go for same TA and FA for selling as well. Because, you must buy when market enters into bullish trend (you may buy at the mid of bullish trend as well) and similarly you must sell at the beginning of bearish trend. So, making decisions for selling through TA and FA alone will help to avoid later regrets.

Quote from: Hamphser on June 27, 2021, 12:41:12 PM

you cant really make some sell without any basis.

But, most traders do. They do exit at random levels after seeing some 5% or 10% of profits and they do not bother any indicators to tell them about the right to sell.

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Quote from: Peanutswar on June 27, 2021, 10:08:45 AM

If you are already makes an investment in bitcoin and altcoins why not invest in your knowledge too. One of the best ways to identify when is the right time to sell in the market is with the use of your knowledge.

There are different factors such as.
You can earn knowledge with the news about the coin you invested in.
You can earn knowledge regarding the market technical indicators and market trend lines by this you will keep aware yourself when is the reversal signal if bullish, or bearish market.

These are the main factors that you should consider before making any sell on where you should at least have some indicators on where you should need to see first before making any further step because you cant really make some sell without any basis.

It wouldnt be worth if you do sell out when its already declining.Always try to sell when the market is on its peak because to think that whatever comes up must comes down which is always been a primary thing on a market like this.

We do have different takings and decisions to be make this is why outcome will vary into each other.

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If you are already makes an investment in bitcoin and altcoins why not invest in your knowledge too. One of the best ways to identify when is the right time to sell in the market is with the use of your knowledge.

There are different factors such as.
You can earn knowledge with the news about the coin you invested in.
You can earn knowledge regarding the market technical indicators and market trend lines by this you will keep aware yourself when is the reversal signal if bullish, or bearish market.

nowlscor18

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Quote from: noorman0 on June 14, 2021, 11:09:19 PM

You, I and anyone else will never meet the maximum profit, no trader really manages to sell at the peak on pumped coins unless it's luck and accident.
TA is useless if emotions dominate your trading. So let the TA do the most of the work and decide. That will help you set profit targets.

Yes, right now, you can't get the maximum profit since market prices really decreasing or experiences downfall. You can decide when you're going to sell it when you do some research on it about it's prices and when you think the price is good for you to sell it. If cryptocurrency experiences downfall then just learn to wait, be patience and always believe in it. Do some research and always be updated to help you set your target profit.

mamahdedeh

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Quote from: viananda2525 on June 27, 2021, 05:18:16 AM

technically we could identify the earlier signal for reversal. usually traders look on divergence in big time frame chart, recent dump on bitcoin could viewed from this technical indicator. Usually price will make structure lower high and lower low, when we see this structure be ready for quit from market. If we see it in big time frame , maybe in medium term trend will reverse. This is my way to analize when i have to quit from market and liquid my position.

but we also have to be careful, because not every time the indicator will always be correct. Indeed, in that way, we can win many trades, but if the indicators do not go according to plan, then we must look at resistance as our benchmark to exit the market. Actually, it's just a matter of which system is comfortable for us to use

viananda2525

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technically we could identify the earlier signal for reversal. usually traders look on divergence in big time frame chart, recent dump on bitcoin could viewed from this technical indicator. Usually price will make structure lower high and lower low, when we see this structure be ready for quit from market. If we see it in big time frame , maybe in medium term trend will reverse. This is my way to analize when i have to quit from market and liquid my position.

RokokGudangGaram

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How do you know when to sell? It depends, if it is crashing and it breaks the resistance it is better to sell it already rather than go along with the crashing price and when you are in profit just don't be greedy a 5% profit is already a good profit but when you already reach that profit a good strategy was to move your stop loss from negative to where you could take profit so if the market crash you already have a secured profit.

Luqman

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Quote from: ningrum on June 26, 2021, 03:58:22 AM

but again traders have their respective strategies depending on what they want to achieve

Yes, another trader may have a different strategy, just use the most appropriate one and fits with your trading style.
Sure, each trader has their own goal and it probably requires a certain strategy. What strategy that best for the goal, only the trader knows it.

Quote from: ningrum on June 26, 2021, 03:58:22 AM

we need to monitor market movements because otherwise we can lose the moment

For a daily trader like me, it is very important to monitor the market. Momentum is the key, once lose the moment to take profits, it can be a problem and probably hold the coins for a longer time. It is not a big problem if the market is still going to increase. But if the market continues to drop, it becomes a problem for me.

oHnK

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Quote from: Fredomago on June 26, 2021, 09:53:47 AM

Quote from: Kong Hey Pakboy on June 26, 2021, 06:48:01 AM

Maybe when the profit is pretty high than you could've expected, I think that's probably a good time to sell.
For me that's a pretty standard way to have a safe point when you are trading in bitcoin but you have to be really quick in making a decision because the market doesn't wait for you, it will continue to move no matter what.

If there's an opportunity to sell your asset with high value better to act fast, inside this market every market movements brings good

chance to everyone who wanted to earned dcently, all you have to do is to set your keep doing your research and make sure to have that nerve to risk your money, make sure that you have that trust with each participations that you made,

timing is really important within this venue of investment.

In my opinion, it depends on the type of investor, for long-term investors, he already has a long enough commitment to sell his coin even though it has reached the peak of its momentum. There is a type that is short term, so this opportunity will determine why it should be sold. I'm a long term type who isn't too interested in the turmoil in the current market. Like a red day in the sky.

john_nautica

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I am not really technical when it comes to deciding when to sell. I myself have a fair share of bad days due to bad trade decisions. But as long as I will gain a good percentage of profit, I will then decide to sell, especially that time is really a valuable factor to consider since decision must be made quick.

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Quote from: Kong Hey Pakboy on June 26, 2021, 06:48:01 AM

Maybe when the profit is pretty high than you could've expected, I think that's probably a good time to sell.
For me that's a pretty standard way to have a safe point when you are trading in bitcoin but you have to be really quick in making a decision because the market doesn't wait for you, it will continue to move no matter what.

If there's an opportunity to sell your asset with high value better to act fast, inside this market every market movements brings good

chance to everyone who wanted to earned dcently, all you have to do is to set your keep doing your research and make sure to have that nerve to risk your money, make sure that you have that trust with each participations that you made,

timing is really important within this venue of investment.

conected

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Quote from: ningrum on June 26, 2021, 03:58:22 AM

Quote from: Luqman on June 25, 2021, 06:44:07 PM

Quote from: hertznetwork on June 14, 2021, 10:16:32 PM

I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell?

Depends on the market situation and what type of your trading. For example, I am a daily trader. If the market is in the uptrend, I will sell my altcoins if the price can increase 50% - 80%. But if the market is in a downtrend like in the current days, I mostly take profits once the price can increase 20% - 30%. I won't set a too high target for taking profits because I know it is difficult. Well, it is my own strategy, other traders may be different.

It's true that such a strategy is very suitable for day traders like you,
but again traders have their respective strategies depending on what they want to achieve,
What is clear is that to know when is the right time to sell we need to monitor market movements because otherwise we can lose the moment

- Monitoring will make us sleepless and uncomfortable eating, accumulation will only exhaust traders regardless of the type of trader, moments are not fixed times and a trader with their experience they don't keep their eyes glued on constantly and look at the chart too many times a day, they are more refined and work with the exchange better by their indicators and targets. Stop Loss and Take Profit are two levels set up to solve the situation where traders become addicted to the market, giving them more time and less thinking.

nowlscor18

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Quote from: traderethereum on June 15, 2021, 03:42:30 AM

As long as you can see an increase in the price after you bought, you can sell it right away without waiting for the other high price because that will not always happen.
When you do not sell the coin because you believe that the price can increase more than the current price in the next days or weeks, you can still hold your coin and wait for that time.
If you hold the coin while the price already increases, you become greedy and want bigger profit, which is not always happening.
So you should have a target price to sell so you do not feel confused when it is the best to sell.

Yes, I agree, you can sell it when the profit increase than you could've expected, I think it is probably the right to sell. As long as you can see that the market price is increasing then you can already sell it. Don't wait with other crypto coins increase because increasing the price is not temporary, downfall may always occur. You can sell it if you already achieve the prices you wanted but make sure to hold your coins during downfall so that you will not regret it to the future.

Kong Hey Pakboy

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Maybe when the profit is pretty high than you could've expected, I think that's probably a good time to sell. For me that's a pretty standard way to have a safe point when you are trading in bitcoin but you have to be really quick in making a decision because the market doesn't wait for you, it will continue to move no matter what.

elisabetheva

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Quote from: Luqman on June 25, 2021, 06:44:07 PM

Depends on the market situation and what type of your trading. For example, I am a daily trader. If the market is in the uptrend, I will sell my altcoins if the price can increase 50% - 80%. But if the market is in a downtrend like in the current days, I mostly take profits once the price can increase 20% - 30%. I won't set a too high target for taking profits because I know it is difficult. Well, it is my own strategy, other traders may be different.

Of course, as a day trader, you will have a strategy that may be different and some are the same, but actually the most important thing about that strategy is to find the profit that can be generated.
you are right in the current situation it may be difficult to achieve high profits, which is possible when the market is green and trading is very attractive. with a slight advantage as long as it is consistent it also ends up being the same.

Quote from: ningrum on June 26, 2021, 03:58:22 AM

It's true that such a strategy is very suitable for day traders like you,
but again traders have their respective strategies depending on what they want to achieve,
What is clear is that to know when is the right time to sell we need to monitor market movements because otherwise we can lose the moment

yes, opportunities can disappear when we miss and do not watch every movement, and this is clearly the work of a day trader, who must diligently pay attention to the movements of the market at all times and should not be careless. but maybe there are those who have other strategies with the help of market movement projection software. everything can be done and it's just a matter of personal readiness of each.

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Quote from: Luqman on June 25, 2021, 06:44:07 PM

Quote from: hertznetwork on June 14, 2021, 10:16:32 PM

I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell?

Depends on the market situation and what type of your trading. For example, I am a daily trader. If the market is in the uptrend, I will sell my altcoins if the price can increase 50% - 80%. But if the market is in a downtrend like in the current days, I mostly take profits once the price can increase 20% - 30%. I won't set a too high target for taking profits because I know it is difficult. Well, it is my own strategy, other traders may be different.

It's true that such a strategy is very suitable for day traders like you,
but again traders have their respective strategies depending on what they want to achieve,
What is clear is that to know when is the right time to sell we need to monitor market movements because otherwise we can lose the moment

gamer4156

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Individuals who leave their exchanges unattended due to being presumptuous that the cost will keep on going up without setting an objective cost at the top of the priority list will doubtlessly lose their benefit and time over the long haul. There are numerous situation that could play out like after you sell the coin continue to bring up in esteem or when you disregard selling it dumps in esteem yet in the event that you have gotten your underlying capital you will not be influenced.

Luqman

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Quote from: hertznetwork on June 14, 2021, 10:16:32 PM

I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell?

Depends on the market situation and what type of your trading. For example, I am a daily trader. If the market is in the uptrend, I will sell my altcoins if the price can increase 50% - 80%. But if the market is in a downtrend like in the current days, I mostly take profits once the price can increase 20% - 30%. I won't set a too high target for taking profits because I know it is difficult. Well, it is my own strategy, other traders may be different.

Mahanton

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Quote from: seleme on June 25, 2021, 04:43:42 PM

It is really individual, general perception is to wait for everyone else to sell in order to buy more and vice versa for me. The market trends are based on HYPE, the continuation of the trends depends on few factors which shows the way to sell or hold more. The stop loss should be on the charts no matter how you are sure on the single trade, in volatile markets single red candle can melt the whole trading position.

Really actually talks about personal perception and own jurisdiction and decisions to be made because we do have different takings on a particular situation we are bound into which basically means that some would be still deciding to hold up a little more and some would be decide to sell it as they had already
gained enough or simply call it a day.We do have different jurisdictions on things this is why decisions made would really vary on each person to person.
We do have different goals and calls and this is why people would have different takings on when to sell and when to hold.

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It is really individual, general perception is to wait for everyone else to sell in order to buy more and vice versa for me. The market trends are based on HYPE, the continuation of the trends depends on few factors which shows the way to sell or hold more. The stop loss should be on the charts no matter how you are sure on the single trade, in volatile markets single red candle can melt the whole trading position.
The sell limit order should be placed over the resistance lines or below the support price line depending on the market movements, the technical analysis is crucial at this point, IMHO.

Topic: How do you know when to sell? - page 5. (Read 2189 times)