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Topic: How do you know when to sell? - page 10. (Read 2873 times)

full member
Activity: 700
Merit: 182
March 12, 2022, 01:49:48 PM
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

Honestly speaking, I believe that the phrase "when to sell" is a game for traders, not for investors or holders. Just think, you are an investor and your intention is to hold your investment for a long time, then why do you need to depend on today's market situation? You simply believe that once your money has been doubled or tripled, you will sell.That means you are not a panic person, so you will wait until it crosses 3-10x simply. Now comes to traders. Well, they are short-term investors. They need profit, so they are good players. They play their game according to their strategy when to sell and when to buy. It is impossible for us to understand. 
copper member
Activity: 34
Merit: 0
March 12, 2022, 01:09:25 PM
I think it's better to sell it when there is a profit, whether it be big or small. In my opinion, don't expect much from the benefits that can be obtained, try not to be greedy in seeking profits.
sometimes greed in us always happens, hoping that what we hold the coin will be even higher in price. but it's always passed with an adequacy that it gets. a successful self-study. there are still many coins that have the potential to give us profit. I'd rather take enough profit but always be given smooth.?

A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
sr. member
Activity: 952
Merit: 275
March 12, 2022, 07:14:55 AM
The best time to sell is when you are already in profits there is no reason to keep holding because one thing is certain with crypto coins there will always be retracements, greed is hoping for more new ATH when you are already in profit.
legendary
Activity: 2772
Merit: 1557
March 12, 2022, 07:03:19 AM
don't have any especial pattern that could predict the adject thing but yeah have some strategies and experience that help much to have an idea about upcoming market but not each time it gives accurate result but not bad. And of course it hurt when i can't sell at pick or can't predict before market dump. But then i adopt the mind-set that, opportunities will come again, so shouldn’t be sad.

Opportunities will always come, you just have to wait a bit. You need to be patient while investing in crypto money, you may have missed the opportunity to sell your coin, but another opportunity will definitely come. Or the new coin you will deposit when you sell it can also make you happy. Patience is the key.
Otherwise, it is very difficult to make money by acting only with technical analysis or emotions. Deciding when to sell is also harder than investing Smiley
full member
Activity: 1134
Merit: 167
March 12, 2022, 06:49:00 AM
everyone will find their own way, pattern and strategy to dominate the market even though sometimes it is not relevant to the market reality:
But basically those who are new or have been trading for a long time, they prioritize technical and fundamental analysis as the basis for trading strategies and being a holder is the last option when the market reverses too far by staking
jr. member
Activity: 51
Merit: 1
March 12, 2022, 06:31:47 AM
There are a lot of factors that you should consider while trading (buying or selling) like your financial needs (current and near future), predictions of the ROI for the said token(based on the research and analysis you did), the amount of risk you are willing to take, the market status at that time along with the government's take on it (as for some countries like India - the government had no clear take on how they view the cryptocurrencies) and your goals. Note- Take ideas and get inspired by the community but don't get fooled by the hype that may not be there the next day.
Hope it helps!
full member
Activity: 1064
Merit: 100
Combo Network
March 12, 2022, 02:09:14 AM
I always have a plan when to sell, I divide the price into three conditional levels.If the price reaches the third, then I sell without any hesitation.It is important to correctly compile a portfolio and at any time be ready to sell those assets that you have prepared.The decision must be made very quickly.
Sometimes some people don't really care or forget about it,
because the fact is that properly compiling a portfolio is also one of the important things and that way it will help us in making decisions,
when we make the wrong decision of course it will make us lose money
hero member
Activity: 2058
Merit: 710
March 12, 2022, 01:27:51 AM
No, it wasn't clear if he didn't explain more about t.a but it's fine that he gave some hint on what method he used to know if when is the right time to sell or buy. AFAIK t.a is a huge topic so discussing everything on this post can be time consuming and he cant just copy and past everything there but better if he can create a separate thread for this matter but I think there are already topics like this in this forum, if not then you can just search it in google.
Thank you for the directions and I've also tried to find it via google for me to know before I act because so far I've only relied on the top coins so I haven't received much badness.

Quote
No people are good at t.a and even him, he was also a noob before but that doesn't stop him from learning it. If you have a passion for one thing or if you are really eager to earn income in crypto you will learn almost everything.
Yes, for now, I haven't fully learned about the new things needed for the crypto space, even though if you look at the percentage, almost 90% of the knowledge that I currently understand, so there are still a few other things that I'm lacking at this point.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
March 11, 2022, 05:27:08 AM
I always have a plan when to sell, I divide the price into three conditional levels.If the price reaches the third, then I sell without any hesitation.It is important to correctly compile a portfolio and at any time be ready to sell those assets that you have prepared.The decision must be made very quickly.
member
Activity: 1540
Merit: 22
March 11, 2022, 04:03:33 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


Just look at the chart at 4 hours 15 minutes as a guide, if the fundamentals are strong my choice is HOLD, if the coins we get from the bounty, I don't think it's something to be afraid of, but where the market will go at least we should be able to read it.

hero member
Activity: 2968
Merit: 687
March 10, 2022, 02:48:25 PM
I think it's better to sell it when there is a profit, whether it be big or small. In my opinion, don't expect much from the benefits that can be obtained, try not to be greedy in seeking profits.
sometimes greed in us always happens, hoping that what we hold the coin will be even higher in price. but it's always passed with an adequacy that it gets. a successful self-study. there are still many coins that have the potential to give us profit. I'd rather take enough profit but always be given smooth.?
We would really boggle up our minds whether its time to sell or would wait further more for possible uprise in price? This doesnt indicate greed anytime because it is really just normal that you would really thought

on something like this because the market is totally unpredictable and theres no way that you could predict on whats ahead in terms of price which it is a matter of risk taking whether you do secure profits
or would simply hold for long term aspect and  this is actually talking about preference because not all would really be having the same mindset.
member
Activity: 1316
Merit: 10
March 10, 2022, 02:27:20 PM
I think it's better to sell it when there is a profit, whether it be big or small. In my opinion, don't expect much from the benefits that can be obtained, try not to be greedy in seeking profits.
sometimes greed in us always happens, hoping that what we hold the coin will be even higher in price. but it's always passed with an adequacy that it gets. a successful self-study. there are still many coins that have the potential to give us profit. I'd rather take enough profit but always be given smooth.?
hero member
Activity: 1064
Merit: 501
March 10, 2022, 11:57:42 AM
Pattern: I don't have any pattern, I sell whenever I feel like or in desperate need of money. I can sell all or keep some depending on the future of the coin
Regrets yet? I have no regret yet since I like holding coins for a long period
My opinion: sell when there are profits and reinvest when the market is down
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
March 10, 2022, 11:57:07 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 am personally a trader who prefers to use the scalping method in trading in the market, when the price of the altcoin I bought has at least given a profit of a few percent of the buying capital, of course I will immediately release it to buy another altcoin that is being correction.
At the beginning of knowing crypto, I tried to hold onto some altcoins just because I heard the words "Diamond hands"but the fact is that many of the old altcoins that I hold have turned into trash, the only crypto that promises profit when holding it for a long time is bitcoin in my opinion.
sr. member
Activity: 1694
Merit: 299
March 10, 2022, 09:54:34 AM
TA (technical analysis) can give you some good entry/exit points if you're decent with it.

Although i think it's generally not a good pratice to try chasing perfect exit points you should kinda just aim for a good pnl and set up your sell orders beforehand.
That's clear, but at this time there are still people who can't use TA (technical analysis) and maybe because they don't know how to do it, so it will be more complete if you want to explain about the procedure for using TA (technical analysis) here so that those who haven't know how to immediately learn and try it now.
No, it wasn't clear if he didn't explain more about t.a but it's fine that he gave some hint on what method he used to know if when is the right time to sell or buy. AFAIK t.a is a huge topic so discussing everything on this post can be time consuming and he cant just copy and past everything there but better if he can create a separate thread for this matter but I think there are already topics like this in this forum, if not then you can just search it in google.

No people are good at t.a and even him, he was also a noob before but that doesn't stop him from learning it. If you have a passion for one thing or if you are really eager to earn income in crypto you will learn almost everything.
full member
Activity: 1708
Merit: 105
March 10, 2022, 09:31:57 AM
One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.
actually what you are saying, is that in a simple way we can take action when the time is right we will do to sell it. it is enough to provide the token value that we deserve to sell and when the price is appropriate then we immediately take the sale action before it is too late and there is a change again.
but maybe there are many ways that can be done other than the simple, way but it all depends on the needs and habits used. because there may be someone who uses it with a measurable analysis and the like. the most important thing is not to experience losses that actually occur.
jr. member
Activity: 118
Merit: 1
March 09, 2022, 05:32:31 PM
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
TA (technical analysis) can give you some good entry/exit points if you're decent with it.

Although i think it's generally not a good pratice to try chasing perfect exit points you should kinda just aim for a good pnl and set up your sell orders beforehand.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 09, 2022, 05:20:43 PM
I do regret whenever I sell.

It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.
sometimes we have really struggled to collect assets, and it is very difficult to sell them. however, we will not grow if it is like that. knowing when the time is right to sell will make us better. as the previous person said, it's ideal to sell the coin when it's a bull market, or when you're making a profit. many people who understand this perception but can not implement it. However, think about selling at the right time, and don't let regret always blow your mind. because if you're still in the crypto world, you can still make it.
It's hard to sell when you really have don't have much.

But when the situation permits and there's a need in doing so, later on, your feeling will be better knowing where you are going to spend that money that you get from selling your asset.

All of it comes with mindsetting and I know how to deal with it already.
newbie
Activity: 28
Merit: 15
March 09, 2022, 12:16:08 PM
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


Everything is just depends on your individual plan , meaning we have different reasons why we invested at first, so some do have long term plan, while some is short term plan, let say 1 yr, 2yrs, 4yrs... so someone who is looking at 4years investment time doesn't have anything concern with taking profit now, then in the other side if you're a short term investor take profit where is suitable for you. Let's say you start by first taking profit by riding the market
20% off, 30% off, 50% off and finally everything using fear and greedy index, it helps me a lot and I guess it helps you too.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
March 09, 2022, 11:29:44 AM
One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.

If you follow this strategy, then you will never be able to make significant profits. Think about it, you would have bought Bitcoin for around 4k USD in March 2020. Then you would never have held it until 65k USD and maybe sold it at 10k. That would have been a nice profit, but only a small part of what would have been possible.
I always sell when everyone suddenly starts talking about Bitcoin and crypto (no matter if media or my neighbours). Then we have mostly reached the peak. That worked for me in 2017 as well as 2022.

I wish to try out what you have suggested. Would like to know your exerience which will help us. Kindly share how hard it was to just control yourself from selling when you knew your bucket was filled with a level of profit and were able to be patient till the crowd started talking about it?

You should have gone through mix of feelings and challenges when you saw the price was growing up. A fear might have been there what if the price drops and you loose the huge profit? Or you should have been calm and confident enough to hold it?
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