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Topic: How do you know when to sell? - page 15. (Read 2810 times)

full member
Activity: 1344
Merit: 102
February 17, 2022, 09:04:35 AM
I don't think if you can determine when is the right time to sell your coins, because the market is unpredictable.  I just wait my coins to increase and I will sell them if I'm satisfied with my earnings.. Sometimes I regret when I did not sell my coins at high price but it's okay I just accept my lost and move on.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
February 17, 2022, 08:14:11 AM
when the price of bitcoin or altcoin increases a lot for a short time without having any kind of drop and then it gets stuck at the same high price then this is a sign that the next move will be a price drop, of course the peso is price view the 4 hour chart to see if there is any price reversal that indicates a price drop. you also have to pay attention to the news channels and what motivated the price to increase because that can also dictate when the price will drop a lot, because after people realize that the good news is gone then they start selling

sr. member
Activity: 2254
Merit: 256
Vave.com - Crypto Casino
February 17, 2022, 08:00:57 AM
Actually there is nothing definite about the pattern for where we should sell it, usually we already have a target for sales such as 10% of what we buy, we mean taking 10% profit per transaction.
full member
Activity: 1258
Merit: 104
February 17, 2022, 05:02:38 AM
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.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy
one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target.
For me, the best time to sell crypto is when it reaches it new ATH. But since its hard to predict if its the new ATH, then set a target selling price wherein you can gain even half the price from the time time you bought it. As long as you will never lose, its always a good time to buy. Just like the best time to buy is when you are ready to buy considering you have enough funds to invest without touching the funds intended for bills and emergency cases.
set the selling price above the minimum purchase price of 10-15% and it works, for me that's a pretty good target in trading, where we are always on the winning path. You are right that predicting when the latest ATH will occur is quite difficult. In carrying out buying and selling activities in crypto, you should not be greedy.
full member
Activity: 1050
Merit: 140
February 17, 2022, 02:43:00 AM
For me, the pattern I follow for selling is when the price on the token is going up and I am in serious profit. I sell when I am in profit, that's all. Of course, I have regretted on several occasions for not selling when the price went up. But, I guess the crypto space generally is filled with such regrets
But, even in real life we also have our regrets. It can be regret in terms of relationship, in money handling, and so on but it is taught us some lesson. Same here in crypto but I think the main lesson here that we learn is to not being greedy next time we have an open opportunity for selling.

Your pattern of selling your coins the moment your in profit is a basic pattern that majority of us are following. Why are we here anyway? Because to profit, right? Although there are also people that sells at loss. I think these people were only caught up on the dump and are not prepared to sell their assets. That is the mistake that they need to correct the next time they engage here.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
February 16, 2022, 08:27:52 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
The only simple and safe answer? try not to be greedy mate because mostly it is our attitude that brings us to failure , as the more we desire to make more profit is the more you forgot when to get out and this happened to me many times before.

when buying we must determine how much we wanted to earn and not that you are expecting forever earning.
putting at least 10-30% income is more than enough than losing because of your greediness.
hero member
Activity: 2912
Merit: 674
February 16, 2022, 07:41:02 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.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy
one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target.
For me, the best time to sell crypto is when it reaches it new ATH. But since its hard to predict if its the new ATH, then set a target selling price wherein you can gain even half the price from the time time you bought it. As long as you will never lose, its always a good time to buy. Just like the best time to buy is when you are ready to buy considering you have enough funds to invest without touching the funds intended for bills and emergency cases.
full member
Activity: 1258
Merit: 104
February 16, 2022, 07:27:07 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.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy
one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target.
sr. member
Activity: 2254
Merit: 309
Undeads.com - P2E Runner Game
February 16, 2022, 04:28:40 PM
More precisely it is very good to take profits when selling when the price is up 50% of the price we bought. Seeing the right time is very difficult even if there are certain patterns that we have analyzed will always be the opposite, I prefer to maintain and add some altcoins in my portfolio for the sake of waiting for the bear market to occur or the market increase again bull run so I will benefit from buying and selling.
You can try my recommended how to keep profit with your reality when selling coin raise up above 50%, you need to sell with different price for your assets, spent each 30% with different value like first order on $0.1 later reach up to $0.13 and last order above $0.15 and I think is the best thing with your problem when selling coin price pump. You need to make it for selling your assets and looks not really loss much opportunity when your coin price pump.
legendary
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 16, 2022, 07:46:55 AM
#99
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
I do not have a pattern, only profit targets that are the reference, if it has reached the specified target will definitely sell it.

Do you regret not selling your coins at any point because you didn't know it will drop ?
Actually regret not only when choosing not to sell and the price continues to fall but also there will certainly be regret when it has sold but the price continues to rise, but regret should not prevent traders from continuing to trade because actually no trader can properly sell at high prices and buy at low prices.
hero member
Activity: 2744
Merit: 761
Burpaaa
February 16, 2022, 07:38:35 AM
#98
The easiest thing I do when I sell is that I have profited more than 25%, if I have made a profit of 25% then I immediately sell and monitor developments again, unfortunately this is of course very difficult to happen in the short term so I focus on the medium term (more than 6 month).
As long as the strategy you apply is very good, then there is no problem at all, both for the long term and for the short term and usually if a 25% profit occurs when the market is really in a very good condition so the potential for increase can be bigger.

How come that is a very good strategy if you don't have an indicator that will tell you if the price will really go that 25% gain before it dip badly. Worst case scenario is when the price dip a huge percentage then he waits for a year to recover his original investment only while the 25% gain from his original position never happened. So he will just wait until that gain come?

That is not a good strategy and improper way of trading. You should know all the resistance and set your take profit near it. In case there is no known resistance, You can always use indicator like RSI and MACD If the price is already overbought so that you can safely take profit.

full member
Activity: 1512
Merit: 115
February 16, 2022, 07:19:49 AM
#97
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

When your portfolio is showing you profits Grin When you are going into trading or Investment in cryptocurrencies you must have a target in mind that you wish to get whether as a daily trader or for investment but some don't seem to understand this, so you might be looking at a 2x daily trading profit or just decides to hodl for a longer time and take profit during the next bull circle.
sr. member
Activity: 1190
Merit: 250
February 16, 2022, 06:38:33 AM
#96
The easiest thing I do when I sell is that I have profited more than 25%, if I have made a profit of 25% then I immediately sell and monitor developments again, unfortunately this is of course very difficult to happen in the short term so I focus on the medium term (more than 6 month).
sr. member
Activity: 1120
Merit: 250
Trident Protocol | Simple «buy-hold-earn» system!
February 16, 2022, 06:11:47 AM
#95
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.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
February 16, 2022, 06:08:34 AM
#94
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
No pattern at least for me.
I'm just setting a certain percentage that whatever happens if it reaches that mark then I will take profit.

Do you regret not selling your coins at any point because you didn't know it will drop ?
There are times and I know that some experienced it as well but as long as you sold your coins at a profit then there is nothing wrong. For me, there is no specific time on when to sell your tokens. You just need to set a percentage that if it reaches that then just sell it whatever happens.
fvb
member
Activity: 1470
Merit: 13
February 16, 2022, 05:45:02 AM
#93
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
There is simply no rule as such. Initially, you look at what the project has to offer. That is, what is the use of it for users, how it develops, and how interested the community is in promoting the project. Examples with the early sale of the coin were enough to start fixing, that is, the return of the investment after the price rise and further retention of what was left. Regret only slows you down, you have to move on.
full member
Activity: 1258
Merit: 104
February 16, 2022, 05:29:41 AM
#92
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.
member
Activity: 966
Merit: 14
Tontogether | Save Smart & Win Big
February 16, 2022, 01:06:18 AM
#91
For me, the pattern I follow for selling is when the price on the token is going up and I am in serious profit. I sell when I am in profit, that's all. Of course, I have regretted on several occasions for not selling when the price went up. But, I guess the crypto space generally is filled with such regrets
hero member
Activity: 2030
Merit: 549
Leading Crypto Sports Betting & Casino Platform
February 15, 2022, 07:38:02 PM
#90
I believe that everyone will have the target to see the tokens if they have achieved the profits. Everyone may have a different target. There may be based on the amount of the capitals, the chance of the market condition, and also based on the percentage.
So far, being too greedy may kill us because we may lose our chance to take profits because expecting too high to get the profits. Consequently, the price keeps dropping and we will regret it.
I personally will think of taking profits after several percentages, but it will not be permanent because I must also see the prospect of the market condition itself. If the market changes too early, taking profits earlier is my choice wisely. I know that sometimes the price precisely keeps rising up after taking profits. But, no problem, as long as we have taken the profits, no regret for it. It is enough.
sr. member
Activity: 2254
Merit: 309
Undeads.com - P2E Runner Game
February 15, 2022, 03:40:29 PM
#89
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
Everyone will be able to generate huge money if he knows when price will up or down but unfortunately it's not possible. Personally I always try to earn 4-10% profit from trading. In my opinion, up to 10% is okay to sell. Intension to get higher profit can bear bad effect in your trading experience.
I try earn same with your percentage about 4-10% each my trading coin entry, I will take profit after my coin up above 4% or when I am not see coin out above 10% lucky for me to earn higher profit, but few coins not really give me lucky moment when filled order price dumps and waiting how to get recovery and need several weeks, now I have loss in several coin almost one month and hope bitcoin can up to higher price.
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