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Topic: How do you know when to sell? - page 11. (Read 2810 times)

sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
March 09, 2022, 12:29:44 PM
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?
member
Activity: 744
Merit: 10
Syntrum.com
March 09, 2022, 10:22:00 AM
For the long term I will keep Bitcoin, but for altcoins I must have a selling target so as not to lose, I already hold altcoins such as MVL, LCS, Ultra which are currently UOS, I sold these three altcoins in the middle of 2020 and currently the price is rising , for me, 3 years holding an altcoin that has a good product will pay off, but you should do some research on the product and the community members they have, because a good project has a large community and is not prone to FUD, so the price of the altcoin can last during the situation the market is bearish and the developer will do the work according to the roadmap
tyz
legendary
Activity: 3346
Merit: 1530
Top Crypto Casino
March 09, 2022, 07:50:04 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.
full member
Activity: 1974
Merit: 147
March 09, 2022, 07:49:49 AM
Quote
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.

Yes, when there's increase in the value of the tokens, show there is time to sell in the market to make a good profit and when there's is decrease in the value of the tokens show that the market price is not good for traders to sell at the moment than to hold for the tokens to increase higher not to miss income at the end of the v market. Those that used this system to sell their tokens in the market became a professional traders in Profit making because of the most popular strategy they are using to make a huge amount of money from their crypto trading.
member
Activity: 123
Merit: 49
Sig/Bounty Campaign Manager 4 hire AskGamblers COO
March 09, 2022, 07:44:25 AM
This is very difficult for any trader as it is very difficult to understand the condition of the market Many people make such profit by doing technical analysis but it is very difficult. However, many people use some techniques to make such profits increases 50% , Then you should withdraw the original investment money So with that money you can invest in any other new project
copper member
Activity: 770
Merit: 1
March 09, 2022, 06:57:00 AM
I think everyone has their own target on any trade but simple is that when any chart goes up from your buy price you can sell. Trading buying and selling point is a big question for everyone and also very critical too. Trader who understand when to buy or sell will become grand trader. My personal point is any share who goes all time low should be buy if you want and my selling point will be all time high. This formula will more money. Overall you can sell at high price.
legendary
Activity: 2982
Merit: 1028
March 09, 2022, 05:56:53 AM
It's more brilliant to take benefits regardless of whether you like the coin and need to hold for quite a while, sell when the cost flood high and sit tight for another plunge since that is the way crypto works another plunge is important. You can utilize Corona infection to sell straightforwardly to any cash through p2p. It is exceptionally simple and to exchange. From here you can exchange risk free.

If you have a set plan and it's been triggered better to sell while the price is still high,

It's important to understand the risk when you missed the opportunities of selling your asset while value is rising high,
the next thing that will happen is seeing the value to start plunging. You'll realize that you already missed your opportunity
When you see everything is falling. Make sure to have your set target and focus not to be greedy.
full member
Activity: 378
Merit: 167
betfury
March 09, 2022, 05:27:17 AM

It doesn't matter if we make mistakes when trading or investing, and it's natural for us to have regrets when we make mistakes. The most important
thing is that we can learn from our mistakes, and not repeat them again, it will make us successful people. Because even professional traders must
have made mistakes, so there is no need to regret excessively if we make mistakes. After all, as long as we choose potential coins for trading, actually
when it's too late to sell coins at high prices, we don't need to panic. Because potential coins when the price goes down will definitely come back up
again someday, so we just have to be patient waiting for the price to go up again. It is more efficient if we determine the selling price we want from
the start of trading or investing, so if the target price we want is achieved, we can immediately sell it. That way we will not miss the opportunity to
take profit.
this is about a risk that I have tried with this from several figures both on social media and in the real world.
indeed everything will be bought from experience, actually your expression is good bro but I don't agree because it involves our assets/money that are at stake, in line with you and other friends the price to go up sometimes can't measure the time when it can fly suddenly or plunge in slowly, if it's not hot money and not urgent maybe we are calmer when we net with the best price DWYOR
legendary
Activity: 2296
Merit: 1176
March 09, 2022, 05:19:05 AM
If you feel comfortable with current price or already have a plan how to use obtained new funds - that is the right time to sell. It is individual for everyone and there is no correct answer to this question. Sometimes selling today with a losses will be more reasonable, if tomorrow market mood changes completely. I personally sell only when I need funds for something else; to buy in IRL or buy other crypto. In any other case I am holding strategy supporter. I am holding until there is 15% profit as minimum, and never wait until 200% profit. I prefer to get profit many times from different deals, than wait year for investment to double.
jr. member
Activity: 36
Merit: 7
March 09, 2022, 05:00:51 AM
When you feel really comfortable making money in this world, and you feel that you are determined not to sell at this time, this is the time to sell decisively.
sr. member
Activity: 1008
Merit: 250
March 09, 2022, 04:05:04 AM
It's more brilliant to take benefits regardless of whether you like the coin and need to hold for quite a while, sell when the cost flood high and sit tight for another plunge since that is the way crypto works another plunge is important. You can utilize Corona infection to sell straightforwardly to any cash through p2p. It is exceptionally simple and to exchange. From here you can exchange risk free.
hero member
Activity: 1470
Merit: 755
March 09, 2022, 03:50:46 AM
Knowing when a coin's low and high is unpredictable. For some people, the current condition is the price or the lowest point in the coin price, it could be that tomorrow the coin price will go up or it will fall again.
In my opinion, install a strategy if you want to make a profit and there is no regret if the strategy already exists and is accompanied by patience.
sr. member
Activity: 1638
Merit: 255
March 09, 2022, 03:45:28 AM

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


ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again

Things like that I'm sure not only happen to you but almost all traders have experienced this,
things like that are normal but that doesn't mean we don't do anything and do it again,
setting targets and conducting analysis is important

It doesn't matter if we make mistakes when trading or investing, and it's natural for us to have regrets when we make mistakes. The most important
thing is that we can learn from our mistakes, and not repeat them again, it will make us successful people. Because even professional traders must
have made mistakes, so there is no need to regret excessively if we make mistakes. After all, as long as we choose potential coins for trading, actually
when it's too late to sell coins at high prices, we don't need to panic. Because potential coins when the price goes down will definitely come back up
again someday, so we just have to be patient waiting for the price to go up again. It is more efficient if we determine the selling price we want from
the start of trading or investing, so if the target price we want is achieved, we can immediately sell it. That way we will not miss the opportunity to
take profit.
full member
Activity: 928
Merit: 101
March 09, 2022, 03:25:33 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 ?
There is no one tool that is absolutely accurate, so instead we can rely on the reaction of coins in the current market to make decisions that are suitable for the assets of the announcement. The strategy is, of course, still buying low and selling high in a specific period of time, and always adhering to the strategy that you set out initially.
Do you regret not selling your coins at any point because you didn't know it will drop ?
It's not exactly the lessons of the past that made me believe in this field more and always believe that it will bring new opportunities again, and that loss helps me realize that things sometimes need a balance of static and don't complicate yourself.
full member
Activity: 1064
Merit: 101
March 09, 2022, 02:53:36 AM

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



ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again

Things like that I'm sure not only happen to you but almost all traders have experienced this,
things like that are normal but that doesn't mean we don't do anything and do it again,
setting targets and conducting analysis is important
full member
Activity: 252
Merit: 100
March 09, 2022, 02:35:39 AM

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



ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again
sr. member
Activity: 1302
Merit: 324
#SWGT PRE-SALE IS LIVE
March 08, 2022, 06:48:27 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

I am a Technical trader and I take my decision based on technical signals which I believe is the best strategy for traders so I never regret when I sell my holdings in profit whether it is huge or little profit. When any coin/token is shows over bought on RSI Indicators on weekly or maximum on monthly time frame it is best time to take sell decision and it is not good to be over greedy. DYOR
each traders must have entry and exit strategy so they will not trapped in impermanent loss or profits. sell in profits will be main rules in our trade and mostly failed caused by greedy or they didnt know how to exit from market. RSI was good indicator, if we know to use it alot good signal to enter or exit from market. combination between rsi and SnR area will be strategy to generate profits.
hero member
Activity: 2772
Merit: 576
March 08, 2022, 04:57:59 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.

Why regret it? Selling is a result of your right investing. If you sell at a profit, it means that your calculations and analysis have paid off. You get something real, not ephemeral, like when you hold cryptocurrency. Of course, there are situations when the sale could be made later with more profit. But the money you cashed out may already be working. Whereas those that lie in the asset are inviolable for some time, they cannot be touched and activated.
It's just the mutual feeling after selling.

I know that there are others who have been feeling the same. It's not that right to think of that but that's how I feel just after selling.

That's like an initial feeling but afterwards, it will be gone. Yes, I'm thinking of the result that I'm able to sell at profit because of that, because of holding.
jr. member
Activity: 52
Merit: 4
March 08, 2022, 04:19:59 PM
Depends on if you are "day trading" or in long positions. In both cases news and once more news.
Also know the coins you invest in especially if they are quite new... so you know the potentail,
and can resists selling due to market fluctations.
Of course I regret everytime why not sold when the coin was at ATH Smiley
sr. member
Activity: 1568
Merit: 283
March 08, 2022, 03:46:42 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 ?
Knowing when to sell your coins isn’t something that you would need anyone to really tell you. It would have to do with the strategy you’re using, the target or the amount you feel is right for you. What just matters when you’re selling your coin is whether you’re making a profit or not.

There are some people who don’t know what they are doing in the market. They don’t know when it’s right that they should sell or not, no plans at all, just holding their coins and looking at it going from up to down and they have no clue of what to do. After everything they still end up selling at the wrong time and not making profit. There are people who think they are here to hold forever, and not knowing they can sell and buy back at low price and make profit.
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