How do you know when to sell? - page 12.

Etranger

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Quote from: livingfree on March 08, 2022, 06:49:42 AM

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.

Sayeds56

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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 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

NIKUBHI

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I only follow a single rule when the market is in an uptrend, wait for its highest potential and if there is any sudden down is come then this is the signal to take your profit and get away from the market. I follow this pattern but every trader has their own opinion.

Questat

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Quote from: livingfree on March 08, 2022, 06:49:42 AM

I do regret whenever I sell.

Not, unless if you are selling beyond the buying price.

Quote

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 to let them go. We can't make money if we just hold them, that was the reality. But knowing when is the perfect time to sell, that was our own decision.
For sometimes I do regrets as well, not because of selling my coins but that was because I miss the chance. I know sometimes we do holding, yeah I did for my Bitcoin but this never be forever.

Jasad

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Quote from: btc_angela on March 08, 2022, 06:23:53 AM

Quote from: cloudfir3e on March 08, 2022, 05:55:16 AM

I don't know when is the right time to sell, I think if you have made a profit it's the right time to sell my advice hold and don't be in a hurry to sell, especially the top 10 coins have a great chance in the future

You really need to have a target price before you sell, that is the best advise I heard from season and veteran traders. If you have target price and if you have reach it, then no need to be greedy or look for more profits. It's better to sell and then what you have and then you go and invest on other coins that you think that will make you money. And then rinse and repeat. In about a month or two if you will get profits at least 10% of every investment you made then that is huge already.

Yes have target about how much percentage profit for selling coin, I ever put limit sell order without waiting with price up because I am not active every time for checking my coin price, if have filled my buy order than I will sell my coin with limit order above 5% profit than my latest price buy, waiting with when my order selling filled and back buy other altcoin again. I think not have to wait until price is up because have any coin like WAVES today reach up suddenly and put selling price based on we want.

livingfree

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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.

btc_angela

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Quote from: cloudfir3e on March 08, 2022, 05:55:16 AM

I don't know when is the right time to sell, I think if you have made a profit it's the right time to sell my advice hold and don't be in a hurry to sell, especially the top 10 coins have a great chance in the future

You really need to have a target price before you sell, that is the best advise I heard from season and veteran traders. If you have target price and if you have reach it, then no need to be greedy or look for more profits. It's better to sell and then what you have and then you go and invest on other coins that you think that will make you money. And then rinse and repeat. In about a month or two if you will get profits at least 10% of every investment you made then that is huge already.

cloudfir3e

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I don't know when is the right time to sell, I think if you have made a profit it's the right time to sell my advice hold and don't be in a hurry to sell, especially the top 10 coins have a great chance in the future

Oasisman

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Quote from: erep on March 07, 2022, 12:57:55 PM

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

Can you share your opinion

Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.

Altcoins are usually pumped and then dumped, that of course depends on which coin you have on your portfolio.
If it's not on the top 10 list, then I am certainly sure that 50% profit might enough to sell, but If you're looking to maximize your profit then go for a hundred percent which is way more riskier.
To answer the OP's question, there is no indicator on when will be the perfect time to sell because we as an investors have different preferences and different goals.
The only thing that you don't want to do is to sell trying to cover losses.

DeathAngel

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You sell when you are in really good profit, it’s as simple as that. Most coins follow bitcoin so we see-large rises after the bitcoin halvings. The next halving is 2024 so buying between now & 2024 is a good idea because you can sell a portion of what you buy between 2024 halving & end of 2025 for handsome profits.
The best time to sell is during that time frame I highlighted when mainstream media is filled with bullish crypto news & retail investors/noobs buying is making the price fly high.

ardydyon

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Right now I don't have a definite pattern that can be used to determine the right time
selling or hodling the coins I own. sometimes I regret being slow to sell the coins I have
and the price of the coin is bearish and I am losing and it takes time to take advantage of the coin because
waiting for the coin to rise again.
there are many chart techniques that must be studied to find out the signal the coin will decline we can sell it before it happens

YinShuiSiYuan

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Unfortunately, I have regretted the decision to sell many times, mainly because I was reacting because of my emotions. When you are watching the chart all the time and suddenly you see a very large drop in price, emotions cause panic and you want to sell. It was only after some time that I managed to control it. To avoid such situations, I try to plan at what price I want to sell if the price increases and also how much I can lose if the price drops. I just set my strategy before investing.

fullhdpixel

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Quote from: ?? on ??

Personally, if the market is going up and I feel it is profitable, then I will sell it, so I can't really stick to when the time is right to sell or buy it. it all depends on the conditions of the crypto market itself. Usually, when the market is down like this it will take quite a while to recover, so this is a good time to buy a coin at a low price and hold it. if you are asked if you regret it or not when you pass a good moment to sell or buy, then it is already a risk, therefore we have to think about it and analyze it carefully first. not that I never regret it, but it will be better if we focus on the next trade or strategy.

Sticking to one specific price target can be boring because we usually aim for a high amount and that doesn't come too easy but if we don't set such a thing, we are free to sell whenever we like. Seeing small profits on your hand can make you feel more motivated to go for more, the same thing when buying but one cant tell when will the price recover. The price can recover maybe later or the next day who knows? So, don't be confident with yourself too much.

What makes you think having regret is a risk? I think this is normal if we talk about good moments because they are rare but you still missed them, what a shame but we can learn from this and not repeat the same thing.

xSkylarx

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Quote from: erep on March 07, 2022, 12:57:55 PM

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

Can you share your opinion

Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.

Yeah, having a target profit per trade is really great. Usually, the problem with new traders is that they are trading with the expectation of making huge money from one trade, which causes them to lose. They are up like 100 percent and still not satisfied, so the market bounces back and they lose. Implement that type of strategy and set a reasonable profit target as well as a stop loss so that you do not lose all of your money and learn to control your emotions

erep

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

Can you share your opinion

Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.

Benefactor

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I think you have made a decent advance in your first sell of coin that you saw that it siphoned higher at a point and dropped that you at long last made up brain to sell and got some benefit. I can show you isn't to be too ravenous in exploiting. Since in the crypto world anything can occur. Costs can change consistently.

Pamadar

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There is no cycle you can rely on to accurately plan when to sell because each cryptocurrency has its own history and uses.
it is best to do your own research, and keep looking for the best and most accurate information about the project or coin you are investing in and discard assets that have no future.

and there is no right time to sell because the market is unpredictable and only one correct answer is to buy when the price is low and sell when the price is high and profitable, depending on your desires and goals.

A correct answer indeed but a very difficult to execute and patterned your investment.

We can't accurately predict the market to where to go. The only thing we can do is to anticipate according to how we foreseen
our assets and how we do trust the team behind.

You can buy coin that falling in value if you know deeper the plan inside the developing team, it will serve as opportunities to
buy and hold.

That's most of long-term investors are doing, even it takes time as long as profit is possible they will grab and wait.

Ten98

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Quote from: S3300 on March 07, 2022, 02:57:25 AM

You don't have to know when to sell you just have to make up an exit plan, take profit when you meet your target, buy a token at 0.01$ and wait for 0.20$ to sell and don't be greedy once this become a reality take your profit, the only coin I can refuse to sell when at the top and still keep holding is BTC, you all know why.

BTC is a very good common asset nowadays so it's hard for everyone to reject it and sell it at a high price, but for other coins I think it's really worth selling and the strategy you said is a very good strategy too for everyone now without there must be greed in it

Uang_kartal

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betfury

Indeed, sometimes I regret taking profit too quickly as the OP in question, long before my current situation. Meanwhile, if the price is too calm, the price will touch the base and roof levels that are more than the target. from that, it's true what @marcous said greedy often lands and this is an art where we have to make peace with ourselves so that greed can be minimized from risk.
indeed, for trading with the @S3300 style, it has its own reasons, I personally take 3-5% of each asset that goes up while the stop loss is at -1%, of course everyone's technique is different, do what your heart thinks is right. Don't make predictions from someone else's trip, if for reference maybe it's good enough

bakasabo

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I know when NOT to sell - right now. As the price seems to be as low as possible, with chances to go even lower. With every cryptocurrency purchase I've realized that its value can go to zero. When I clicked buy button, I was already ready to lose the money. I would rather see how value of my crypto goes to zero, then sell it low and let someone earn. When you buy, you either already lost or be ready to wait long for profit. That is my vision.

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