Pages:
Author

Topic: How do you know when to sell? - page 14. (Read 2810 times)

full member
Activity: 1048
Merit: 102
March 06, 2022, 06:16:20 AM
if bitcoin has reached a new ath then that's the best time to sell, because usually the price will go back down and on the other hand we don't know when the peak price will occur. therefore as long as there is no resistance to the left of the market at this time I suggest selling it immediately. but if for bitcoin actually we will hold it in the long term it won't be a problem, even though there is a price correction

That's why Bitcoin is very good for long-term investment so with current conditions that are not good I think there is no need to panic,
wait for the right moment to sell Bitcoin because then we can get a big profit,
but it all comes back again depending on the decision of each person or each investor
full member
Activity: 1064
Merit: 101
March 06, 2022, 12:05:15 AM
I think that the ideal is to sell at the moment that BTC is in a bullish trend and that it is fully confirmed, before it is not good because you run the risk that it may fall in price. Normally this is usually noticed, and the ideal is when the BTC market is at its last ATH and the Distribution stage occurs, at that moment it is good to sell, in fact it is the ideal thing to do it, after that is when the distribution stage begins In 2017, the ideal was to sell when it reached almost $20k, but that now depends on the decision of each trader or each investor.

I agree with that and indeed we need to be patient to wait for the bullish trend to return,
it's better to hold on to it and sell it later when the trend is bullish because that way you can get the maximum profit,
it's true that it all comes back again depending on each person's decision because they also adjust to the results of their own analysis
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
March 05, 2022, 10:31:12 PM
I think that the ideal is to sell at the moment that BTC is in a bullish trend and that it is fully confirmed, before it is not good because you run the risk that it may fall in price. Normally this is usually noticed, and the ideal is when the BTC market is at its last ATH and the Distribution stage occurs, at that moment it is good to sell, in fact it is the ideal thing to do it, after that is when the distribution stage begins In 2017, the ideal was to sell when it reached almost $20k, but that now depends on the decision of each trader or each investor.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
February 26, 2022, 07:46:34 PM
I will sell if:
1. I have got the profits, not need to have very high profits, but enough profits only in order not to be greedy
2. When I need to cut loose, but it should be only a few percent, it is done in order to make another pairing trade again and hope to have profits.
The most thing that must be considered is being too greedy. Because greed always kills you. Sometimes because of ready, we don't sell the coins when it is at a high rate. But we will feel pain when suddenly the price drops and we will sell them.
full member
Activity: 840
Merit: 126
Welcome back 🙏
February 26, 2022, 03:38:30 PM
There is no specific pattern that we can see to determine that the coin will be sold, but when there is an increase then that's where we will sell the coins we have so in this case we must always monitor the state of the market and coins that we already hold because there is always positive and negative news to avoid big losses, There is no regret that occurs if the coin we hold is in decline but we must be patient until it can increase again.
copper member
Activity: 389
Merit: 1
February 26, 2022, 01:13:59 PM
There's really no perfect time to sell. It depends on what you want and your emotional strength to stick to what you want. The Market could be bearish and this may put you off balance as there's always the fear of making more losses or losing out from an upward trend.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
February 26, 2022, 12:52:34 PM
The easiest thing when I'm going to sell is to make a profit, currently most pairs are stable coins so it's easier to monitor profit or loss, if I feel I've made a profit then I immediately sell because I'm worried the market will be red like today.
It's obvious because the effort you are making is also a very good step in order to be able to save existing assets while getting a profit even though it will not be so big, but the name of the profit will always be valuable for everyone under any circumstances.
It all depends on how much you want to sell and the trading style you do, obviously for me the best trading style is long-term or medium-term, because it is easier to study the market and gives more time to react, while in the long term you have to follow your intuition a lot and that means being glued to the pc all the time.

It is always good to sell in the distribution stage, because that is when the rich sell, and for this many things must be taken into account, such as knowing when the trend is, and how to discover it, in my case I use Wyckoff's theory and I use much everything related to it, this makes me have a broad view of the market.
full member
Activity: 1190
Merit: 108
February 20, 2022, 11:22:41 AM
I always do in-depth research before deciding to buy a coin to keep, one of the factors I see is: in what price range my target coin is moving, if I think there is 10% space I will buy it at the support price.
If you observe it first, you will know when you have to buy and when is the right time to sell it, and remember, set your target first before take action, and do not greedy, it will kill you. Good luck mate!
sr. member
Activity: 1344
Merit: 459
Vave.com - Crypto Casino
February 19, 2022, 07:19:49 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

As far as I know, there are two ways of analysis to predict the price movement of a coin, namely fundamental analysis and technical analysis.
Fundamental analysis is usually determined by observing issues that affect the coin, such as global economic conditions, events (especially those related to the coin), and others.
while technical analysis is determined by observing the indicators on the chart, such as EMA, MA, volatility, and others.
hero member
Activity: 1400
Merit: 650
Always Act Smart and Play Safe With Your Funds
February 19, 2022, 06:14:41 PM
There is no specific time to sell it all depends on your targets as a trader what do you really want to do at time mostly counts, you might decide to sell at the moment at the price turns against you and move to bullish trend leaving you in regret for not selling at time. so you most be specific of what you wanna trade i.e, daily, weekly or monthly and set up trade for me i includes OCO maybe when market gets to my required target it gets triggered and when its becoming to low it also cancel my orders at this point you won't regret of any mistake. i mostly make use of Binance exchange its more user friendly.
sr. member
Activity: 1876
Merit: 318
February 19, 2022, 06:03:39 PM
Everyone has different research and analysis results, then everyone also has different targets. So only we ourselves know when is the right time
to sell our coins. The general answer is that when we're already profitable it's the best time to sell. It's quite simple actually investing in crypto,
we will sell our coins when it is profitable. But the reality is greed overwhelms us, we want to always make a big profit. That's why many investors
miss the opportunity to make a profit. Because of their greed they finally put off selling their coins and the price of the coins suddenly dropped.
There they panic sell and they experience losses.
hero member
Activity: 2632
Merit: 649
February 19, 2022, 05:52:41 PM
For each asset that I hold, I always look for news and check them every day, I also watch political news that can affect crypto history, they can also give the right signals.In such moments, it is important not to be greedy and sell on time so that you do not fix losses later.
legendary
Activity: 3598
Merit: 1406
February 19, 2022, 01:37:11 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

Don't listen to anyone when it comes to when you should buy or sell for that matter.  Track market movements and individual coin movements and you will see patterns that form that you should review for yourself.  You can apply the same TA and argue its a good buying point and good selling point depending on your outlook of the TA.
legendary
Activity: 2058
Merit: 1295
February 19, 2022, 12:42:34 PM
Yeah, the right time to sell your coins is in your hands and so you have your own decisions you can sell it whenever you want to sell. But when the price is up that the time you sell your coins and for sure you have a profit in that causes if you sell when the price is down and then I'll tell you sorry for your loss.
 Anyways selling is not just easy you need to study the movement of the market  in order to avoid losses.
I try to follow the trend, mostly daily and weekly charts. And when I see that the trend is changing, then I decide to sell, or not. It is not always easy, but over time I have developed my own strategy for myself and am guided by it. It is very important to make decisions yourself, and not listen to someone else's advice, because you will not learn anything this way.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 19, 2022, 11:42:30 AM
WHEN TO SELL?
Please ask in your self then as only you who could decide as for me, I do selling once I have a profit already and when I was satisfied with the price. Can be just a day or hours, depending on the market situation. Perhaps, I'm not a fan waiting for many years, so I sell them right away.

If I'm off work I usually trade daily, I usually buy new listed coins and if I've profited at least 50% then I'll sell it, this simple technique is certainly not 100% accurate but the thing that makes me happy is that I can learn to analyze and trend in market.
Most important is that you seem happy with what you are doing. People like that have no worries to lose their time waiting for the right time to sell, even they are going to wait months. I congratulate you on that but have to say that investing in new coins are at terrible risk if not managed well and also if you are investing shitcoins as in most scenario that new projects are scam.

member
Activity: 1078
Merit: 12
February 19, 2022, 11:20:27 AM
Most of what happens is buying when the market is green, I'm sure a lot of people are selling when the market is red like today, but if the market goes up tomorrow they will buy, this is a mistake that often happens and in my opinion the simple thing to sell is when you make a small profit .
sr. member
Activity: 2044
Merit: 329
★Bitvest.io★ Play Plinko or Invest!
February 19, 2022, 08:20:35 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 not like forex or stocks, it's completely different. very difficult to predict the price...

So far I sell assets when there is bad news about Bitcoin because usually the price of bitcoin will down and other altcoins will follow. Besides that, I also don't sell all at once, usually in stages, the same as when I buy, I do it gradually. keep using the logic that crypto prices are very volatile, they won't stay on top, and won't stay on the bottom forever.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
February 18, 2022, 05:03:44 PM
It is very difficult to know what the price is like before selling a coin. If you sell, the price will definitely go up, this always happens to me Cheesy
But if you are holding it, the price starts to drop suddenly and sometimes you may have to hold it for years without selling. This is so annoying. If you want to make money, you must set target prices. When it comes to that price, you can sell the coin in your hand. This is the most reliable way Smiley
Just make sure that you follow what your target price is and do not be greedy when the market is rising and decided to hodl a little longer because this can fake you out and you will go back to start again. Worst thing can happen is the price can take longer to recover and you will get bored of waiting to the point your gonna sell your assets.

Patterns come in many forms, it can be the movements in the charts and there are patterns with the year or the dates. There are times that prices repeats if we compare it with previous dates. We can rely on them if we are not sure if what are the prices will be  and the most important thing is to not regret after you made an action.

I agree with your view. Regret doesn't do you any good when investing. We must be as patient as possible and monitor investments regularly. If we think the price will drop and technical analysis shows that it will, it can be very useful to sell and buy again after the price drops.
But of course the most important point is to have the target price. Or you may regret it Smiley
In investment you can never regret decisions, in a book that I read very interesting, it is called: "The little book that still beats the market" they speak precisely that every action, (in this case currency) should be studied very well scope and long-term future to decide whether to invest there or not, taking into account certain fundamentals, when the study is ready, buy and wait, now if the market goes down, follow up, because the ideal is to withdraw when profits are obtained , not before, before if he withdraws, if it is a good time to suffer regrets, the only option left in these cases is to wait until at some point the investment is recovered again.
full member
Activity: 1736
Merit: 121
February 18, 2022, 02:04:28 PM
in determining the right time to sell is not an easy thing except the right time to buy. if you buy, it is very good to do when the price of the coin is experiencing a decline.
for me regret will occur when selling 100%, because a good strategy or pattern in my opinion is not selling 100% of the coins or tokens owned.

I think it is right not to sell all the unit of coin you have at a time, like doing a 100% sell of everything. This is because that coin you sell may rise more than you have sold and that can happen to be more profit from the time you sell. I hardly sell every unit I have but before I do such I do my research in different aspect.

1. To research the team that is running the project.

2. To research if the project is getting more attention from the public and community.

3. To research maybe they are creating better ground for the project.
I do those research before decision to sell or hodl.
rby
hero member
Activity: 742
Merit: 611
Brotherhood is love
February 17, 2022, 09:14:42 AM
When I hold for long and the fundamental analysis is changing very fast I will follow the trend and sell out. But if I am spot trading, I sell my coins when I make the profit I wanted before entering the market
Pages:
Jump to: