How do you know when to sell? | Bitcointalksearch.org

og kush420

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Quote from: Xxmodded on August 09, 2022, 09:42:17 AM

Never to be greedy is the best time for selling altcoin, I think we know about when correct time for selling altcoin or bitcoin because some trader use priority keep selling after break out above 5% and maximum reaching up until 10%. I think when price have been break out depending with their target that coming with the best time for selling, but have many trader greedy keep hold when reaching higher price, they think how to earn profit almost 100% than disappointed when price going dump again. If you want to know the best time for selling keep use alternative target until how much percent when price break out for selling.

That is correct - there is no right time - and no one can predict the market fully.
It depends on own personal decision what to do and what not to do. Some people make good decision - while the others dont.

Paul Pogba

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I'm used to long-term hold, I sell when I need cash or want to transfer assets, but if for a new project then I will wait at least 3 months, don't care if the price keeps dumping but always be patient, if 3 months there is no clear direction then I sell immediately.

Farma

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Quote from: SparrowOnTheMoon on August 09, 2022, 02:58:58 AM

It's hard to know when to sell. I usually determine the levels and sell in batches when the coin reaches those marks.
Also sometimes pay attention to the greed index and a map of liquidations

Actually, determining when is the right time to sell the assets you own is not that difficult. when you have made a sizable profit from the assets you have, it is the right time. however, because sometimes we have a desire to get higher profits, then we continue to hold on to the assets we have, even though we already get a fairly high profit. however, it happened to me too. it may be very difficult to determine when is the right time to sell until the token or coin is dumped, and make us lose. we will realize that when we have profited that it is the right time. that is the opinion i have.

Xxmodded

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Never to be greedy is the best time for selling altcoin, I think we know about when correct time for selling altcoin or bitcoin because some trader use priority keep selling after break out above 5% and maximum reaching up until 10%. I think when price have been break out depending with their target that coming with the best time for selling, but have many trader greedy keep hold when reaching higher price, they think how to earn profit almost 100% than disappointed when price going dump again. If you want to know the best time for selling keep use alternative target until how much percent when price break out for selling.

lepbagong

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Quote from: capedbaldy on August 09, 2022, 09:18:48 AM

Quote from: bigjuk on August 08, 2022, 11:40:19 PM

I target and benchmark if you want to invest, buy and sell coins, this method is commonly used by many people, if you buy a coin the price is $1/coin so you can target if the coin goes up $1.8-$2 you can release it, that's what I often do.

You don't need to wait for the purchase price of $ 1 and wait for the new $ 100 you sell, it's over time but not necessarily able to reach that much.

We must target the normal potential that can be achieved in price increases, not target high because there is no guarantee that the altcoin price can reach prices beyond speculation. I have the same strategy to take profit, even if there is pressure on the price drop then I will take profit for $1.5 because it is better to take profit than to lose.

there are many opinions and considerations from people who may not be the same or always different, some even look at luck but don't see how it decreases.
all can make their own details of targets and it is clear that each other is not the same, some are based on values and some may look from %, when setting targets up or down.

everything is clearly the same (target value or %) if it has been used often and feels that what he is doing is the right one for him, so it may not be the same or even the same. just do what is considered best then that is something that can continue to be done and does not need to be influenced by other people.

capedbaldy

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Quote from: bigjuk on August 08, 2022, 11:40:19 PM

I target and benchmark if you want to invest, buy and sell coins, this method is commonly used by many people, if you buy a coin the price is $1/coin so you can target if the coin goes up $1.8-$2 you can release it, that's what I often do.

You don't need to wait for the purchase price of $ 1 and wait for the new $ 100 you sell, it's over time but not necessarily able to reach that much.

We must target the normal potential that can be achieved in price increases, not target high because there is no guarantee that the altcoin price can reach prices beyond speculation. I have the same strategy to take profit, even if there is pressure on the price drop then I will take profit for $1.5 because it is better to take profit than to lose.

Victorik

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Quote from: gantez on February 11, 2022, 07:38:15 AM

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion

Crypto is full of regrets. Sometimes you sell and then the token starts to pump, and other times you hold and the token starts to dump badly.

Personally, I take profit as soon as the token pumps,I don't wanna be greedy because the dev is not your friend.

Pterosaur

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You should know when to sell if you are already in profit, I knew someone who used to have 70,000$ in his wallet last year and in January 2022 I told him to take profit but he neglected my warning now he has 1800$. Do not be too greedy.

SparrowOnTheMoon

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It's hard to know when to sell. I usually determine the levels and sell in batches when the coin reaches those marks.
Also sometimes pay attention to the greed index and a map of liquidations

bigjuk

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Quote from: gantez on February 11, 2022, 07:38:15 AM

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion

I target and benchmark if you want to invest, buy and sell coins, this method is commonly used by many people, if you buy a coin the price is $1/coin so you can target if the coin goes up $1.8-$2 you can release it, that's what I often do.

You don't need to wait for the purchase price of $ 1 and wait for the new $ 100 you sell, it's over time but not necessarily able to reach that much.

Humility4sure

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Knowledge of when to sell is personal to the trader as its your responsibility to decide the amount of profit or loss you're willing to take or bear. The great part of the market is freedom and decentralisation. This gives access to ever individual irrespective of their location or tribe.

Pamadar

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Quote from: agustina2 on August 07, 2022, 06:59:53 PM

Quote from: KennyR on August 07, 2022, 06:59:20 PM

For the short term even the 10-20% margin is quite high according to me. Just a small variation is enough to book the profit.

For that, traders have to test and experiment. They have to see if getting profits about that range is profitable for them in the long run.

There's really no exact moment when to sell but the right timing indeed.

If failed on the first test, try other tests until seeing the effective strategy that anyone can use in the long run.

It is important to know how will you adjust in times that the strategy is not working according to how you perceive the movement.

Many experienced traders work with how they see the current situation. They are good in
anticipating the movement and manage to earn out from the current movement. It's not
easy but the chance is possible, especially if you know how to work it the right way.

agustina2

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Quote from: KennyR on August 07, 2022, 06:59:20 PM

For the short term even the 10-20% margin is quite high according to me. Just a small variation is enough to book the profit.

For that, traders have to test and experiment. They have to see if getting profits about that range is profitable for them in the long run.

There's really no exact moment when to sell but the right timing indeed.

If failed on the first test, try other tests until seeing the effective strategy that anyone can use in the long run.

KennyR

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Quote from: Little_Sister on August 07, 2022, 06:57:53 PM

Quote from: NewRanger on August 05, 2022, 05:51:12 PM

taget taking profits must set before we open transaction. Alot traders didnt set it till finally profits becone loss again due market direction changed. Greedy be main problem from each traders, they want more profit and prefer instant result. Most of them didnt trust the progress. 5-10% was good result for each trades, as long as we could consistent i am believe our account will growth.

For short-term trading we should aim to take profit for the highest 10-20%, if we don't determine profit then we will lose the moment to sell at the highest price because price speculation can rise higher, but the impact of our greed will fail to take profit at high prices and instead lose money because the price of altcoins is unpredictable.

For the short term even the 10-20% margin is quite high according to me. Just a small variation is enough to book the profit. When we talk of short term trading we should finalize the time period, based on that we need to consider the profit margin.

strunberg

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Quote from: Little_Sister on August 07, 2022, 06:57:53 PM

Quote from: NewRanger on August 05, 2022, 05:51:12 PM

taget taking profits must set before we open transaction. Alot traders didnt set it till finally profits becone loss again due market direction changed. Greedy be main problem from each traders, they want more profit and prefer instant result. Most of them didnt trust the progress. 5-10% was good result for each trades, as long as we could consistent i am believe our account will growth.

For short-term trading we should aim to take profit for the highest 10-20%, if we don't determine profit then we will lose the moment to sell at the highest price because price speculation can rise higher, but the impact of our greed will fail to take profit at high prices and instead lose money because the price of altcoins is unpredictable.

consistant with our daily target was an obligation to earn money in market, many of us didnt dicipline when they got profits and hold it without any taking profits. 10% in each day was good return if we compare with bank return which is below 5% for yearly rate. our greedy really influence our trading result, didnt we want to pass the true progress in market or prefer instant earning by forgeting trading plan and money management which is could make our assets liquidated.

Little_Sister

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Quote from: NewRanger on August 05, 2022, 05:51:12 PM

taget taking profits must set before we open transaction. Alot traders didnt set it till finally profits becone loss again due market direction changed. Greedy be main problem from each traders, they want more profit and prefer instant result. Most of them didnt trust the progress. 5-10% was good result for each trades, as long as we could consistent i am believe our account will growth.

For short-term trading we should aim to take profit for the highest 10-20%, if we don't determine profit then we will lose the moment to sell at the highest price because price speculation can rise higher, but the impact of our greed will fail to take profit at high prices and instead lose money because the price of altcoins is unpredictable.

Abiky

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Quote from: gantez on February 11, 2022, 07:38:15 AM

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion

You know when it's the time to sell when the market becomes bullish for an extended period of time. When you see major cryptocurrencies with a price increase of over 2% during the day, you know that they're going to keep rising in price for a while. But when the increase is 1% or less, the effects would only be temporary as the cryptocurrency or token will quickly enter in "bearish" mode. Despite this, we can never predict with certainty what will happen with the price of a cryptocurrency due to the unpredictable nature of the market.

As a word of advice, only invest into solid projects with a proven track record of development and innovation instead of projects that are full of hype. If you do that, then you'll be on a road towards long-term financial stability. Just my thoughts Grin

NewRanger

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Quote from: virasisog on August 05, 2022, 01:31:54 PM

Quote from: peterpanda on August 05, 2022, 12:48:09 PM

Quote from: Dollar_Hunter on August 05, 2022, 12:01:18 PM

when to sell? Of course it's very easy, because traders must also have the skills to sell at the right time,
and definitely don't be greedy, if you have experienced an increase of 10% I think it's the right time to sell.

10% profit is good enough to close position. Generally I close my trade after getting a 5-10% profit. I always use stop loss also. For traders, they can know when to sell for gaining profit.

It's like setting a target goal and stopping when you hit it. We must know our target profit so we won't get tempted to aim for too much which might lead to greater greed. 5-10% profit is already ideal. Profit is still profit and we must be contented sometimes especially if the volatility of the coin is too high.

taget taking profits must set before we open transaction. Alot traders didnt set it till finally profits becone loss again due market direction changed. Greedy be main problem from each traders, they want more profit and prefer instant result. Most of them didnt trust the progress. 5-10% was good result for each trades, as long as we could consistent i am believe our account will growth.

Imran232

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Quote from: gantez on February 11, 2022, 07:38:15 AM

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Can you share your opinion

Honestly speaking, I am not a day trader, or even a short-term trader either. When I accept an entry for a project, I conduct research on its foundation. How much stronger they are if they are strong enough to hike for at least 4-6 months, which is mid-term for me. And if my research says after 4-6 months yes, it is capable of multiplying my investment, then I will just take entry and wait for the targeted multiply. And if it crosses, I exit, or if I believe it has more power, I add it to my long-term portfolio. So basically, I am a holder. That's my strategy, you can say. Thank you.

Quote

Do you regret not selling your coins at any point because you didn't know it will drop ?

For me regretting is nothing because i am a holder man.

Zulkifli BI

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Quote from: gantez on February 11, 2022, 07:38:15 AM

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion

in my trading method, I always make a sell request at the number I have targeted the profit I want to get. but the number I set is never far because I don't want to be greedy and most importantly I have benefited from it even though the value is small but I can always get profit. because in trading what we want is profit. so I never regret because I always trade safely.

Topic: How do you know when to sell? (Read 2873 times)