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Topic: How do you know when to sell? - page 18. (Read 2810 times)

sr. member
Activity: 1232
Merit: 332
Vave.com - Crypto Casino
February 12, 2022, 09:51:27 AM
#48
If anyone knows when we sell then everyone will be rich and no one becomes a bounty hunter, I have known cryptocurrencies since 2012 and almost all the latest analysis I have used to be able to give the best advice for selling, unfortunately everything did not work perfectly so that happened often the opposite, buying when it is expensive and selling in a panic because of a sharp correction.
In 2012 there weren't many cryptocurrencies that could be traded in the market except for Bitcoin and a few tokens that weren't well known, but a year after that there were just a lot of excellent coin options to trade including Dogecoin at the time even though the price increase was only a few satoshi, so that's all is history that will never be repeated in the following years.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
February 12, 2022, 09:37:12 AM
#47
there is no special trick in my opinion, what I do is just often see the development of our assets which we think have good potential, I myself have a lot of tokens that I got in campaigns on this forum but not all of them have them. high value and that's where we have to be very careful, we have to be very active in looking for information and also have to be consistent in time so as not to forget which assets we should keep or sell.
Not any trick just spend all time with checking price every hour or every minutes, I just as limit order buy and sell without waste all my time with trading, after my order filled I will use sell limit order and spending profit above 5% and use two or three kinds price for selling coin, example I sell BNB 30% my assets on 405$ then 30% on $420 and left sell it on $450, not use all in with the same price. I think is really worth when some coin pump drastically I have filled with many type price for selling.
full member
Activity: 2086
Merit: 193
February 12, 2022, 09:31:36 AM
#46
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
First, In trading you should always your target price, you set up everything your profit price, and your cut loss level so in this way you can be more effective trader which is very important.

Second, regret for not selling is pretty normal to those who don't have cut loss level and of course for those who only knows how to Hold. This is also a normal human behavior, to regret things especially on losing money.

Be a good trader, always analyze so you can know when to buy, sell and when to cut loss.
full member
Activity: 1260
Merit: 100
February 12, 2022, 09:30:35 AM
#45
there is no special trick in my opinion, what I do is just often see the development of our assets which we think have good potential, I myself have a lot of tokens that I got in campaigns on this forum but not all of them have them. high value and that's where we have to be very careful, we have to be very active in looking for information and also have to be consistent in time so as not to forget which assets we should keep or sell.
hero member
Activity: 1106
Merit: 509
February 12, 2022, 09:23:47 AM
#44
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.
I'm a little confused by what you're saying so you need to clarify this clearly because when there is a downturn in the market some people will still regret buying at a high price, while those who haven't bought at a high price will be very happy because you can get coins at a cheaper price.
legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
February 12, 2022, 08:52:34 AM
#43
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
For me, at the beginning of when I started to invest or trade for a particular cryptocurrency, I have a plan or price target when will I start to sell, portions or most of them.
Another thing is a change of mind or invalidations, let's say if you are using the chart to speculate then you used some patterns and turn to the opposite.
Or if you are just holding, for me, selling sometimes when I want to switch to another project, or I already in lost, like using stop loss or my price target is already reached.
sr. member
Activity: 2338
Merit: 338
February 12, 2022, 08:35:39 AM
#42
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
Regrets can happen anytime especially if we miss the market and not going to sell our coins at a higher price. But I don't think we make this a big deal coz whether we like it or not the market is still unpredictable and so such a perfect time to sell.

I endure not, as losing the chance to sell them before the drops happen is very natural and we can't make it right even we are checking the market price every hour. Coz if there is only a way to know what happens next, I think we are all happy and rich this time but unfortunately, the market isn't designed like that.
sr. member
Activity: 1701
Merit: 308
February 12, 2022, 07:35:12 AM
#41
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.
hero member
Activity: 1316
Merit: 731
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 07:23:41 AM
#40
This is hard to know, usually I often make mistakes, when the price skyrockets and the profit is big I usually buy more, as happened with BNB when the price is more than $550 I buy a lot because of speculation the price will skyrocket again.
But if you still maintain your BNB that you bought at a price of $550 and still haven't sold it, then your assets are currently still in a minus condition so you also still need time to get a small profit or a very good profit with BNB
legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
February 12, 2022, 07:01:14 AM
#39
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
Not really, almost all of my crypto investment is in Bitcoin, and since it's a long term project, I mostly just buy and hodl, and whenever there is a dump, I just accumulate more and hodl, but for investors who choose (short term) altcoins, then they may actually need to have something of a "pattern" to know when to sell, or just basically sell whenever they have accrued profits.
Do you regret not selling your coins at any point because you didn't know it will drop ?
I actually do not think investors should have any regrets after making profits and selling their coins, even if afterwards the coin pumps the more, cause there was no guarantee that the coin will continue to grow, it coul have as well dumped. And then to avoid regretting when a coin dumps when you're yet to sell, if you're hodling a pump and dump coin do your best to sell it when you have made profits just like I have said earlier.
member
Activity: 798
Merit: 10
February 12, 2022, 06:45:55 AM
#38
This is hard to know, usually I often make mistakes, when the price skyrockets and the profit is big I usually buy more, as happened with BNB when the price is more than $550 I buy a lot because of speculation the price will skyrocket again.
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
February 12, 2022, 06:44:28 AM
#37
If we have set a strategy in terms of selling and buying coins, of course the level of regret that we will feel will not be great because when the price will rise and when the price will fall it is not easy for us to know.
So we need a strategy that we must use.
The thing that is still very difficult for anyone who wants to trade to know is when to enter and when to exit or sell, that's why some people still don't like to trade when it becomes very difficult to know even though the time of correction is the best time to enter market, but some people are still very scared I see.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
February 12, 2022, 05:30:53 AM
#36
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
It is not too difficult to determine when to sell as when you have a target price to sell, you will wait until the price can be at your target price to place an order to sell directly. There is no right pattern to determine the time to sell because we all have different coins and target prices that we already made so you should find them by yourself. Sometimes I regret not selling my coins at a high price but I can accept that since sometimes, my target price to sell is too high than the market situation. In that case, I will lower my target sell price and place it in the queue.
hero member
Activity: 1526
Merit: 596
February 12, 2022, 02:29:50 AM
#35
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

Have price targets that are backed up by research.

And the key thing is that you should definitely set your exit prices before you get into the investment, and constantly re-evaluate based on the fundamentals of how the chain is doing.

Don't be easily swayed by public opinion in terms of sell targets. A lot of the times, the worst time to sell is when everyone is telling you that the market is going to tank.

You should also potentially adopt a "reverse-DCA" strategy where you drawdown on your position over time with regular sells. That makes sure that you don't sell at the bottom.
legendary
Activity: 1638
Merit: 1013
February 12, 2022, 02:27:59 AM
#34
Best to do your own research. However, without giving trading advice, one view could be if you want gray hair early then watch graphs and ball-by-ball commentary on coins. Social media channels are full of "wen moon" and "why price down". Prices are probably in anyways determined by whales for the most part and there are probably more losers than winners if you count unique traders. If you go high risk with alts then a view could be to just get in and get out most of the time, but yet another view could be to pick a few projects with high potential and keep it for longer term as good projects tend to average out in an upward trend. Unless of course you are one of the few with enough resources and information to predict the future.
sr. member
Activity: 1792
Merit: 293
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February 12, 2022, 02:17:42 AM
#33
Some indicators and help direct sales targets, but I usually use a simple way, by looking at the signal channels sent on telegram. Usually they give signals and sales targets, so they are not too dizzy.
jr. member
Activity: 78
Merit: 1
February 12, 2022, 01:04:32 AM
#32
When some good news, like some countries or any big institution will buy the BTC or any cryptocurrency.  I know that this is just for investors to be Overconfident to buy the token. So I sell all my tokens because I know that there is high chances that the market will be go down.
hero member
Activity: 2786
Merit: 606
February 12, 2022, 12:02:21 AM
#31
I don't have any pattern when selling. All I know is that this coin is going up and giving me a lot of profit.
That is true for most people, when they invest in a coin, all they know is just believe that the coin is going up, and if it eventually goes up they would sell and take their profit. But I think anyone who is making use of this kind of style of investment, they have to be very careful in the coins they choose. For example if you invest in Bitcoin and simply say that you are investing in it because you know that the value would increase in the next few years, then we are all sure about that.

Bitcoin is a coin that we’re all sure that it is going to increase in value no matter what. But that is not the same for other coins in the market, you have to make use of strategies that would ensure that you are gaining from what you are investing.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 11, 2022, 11:56:51 PM
#30
I think it all goes down to what you are really after. If you are someone who is into long term investment, then it would be a different case. And if you are someone who is into short term investment, I think you would have to be relying on making use of charts with the help of technical analysis to be able to predict where the market will be going to within the next few minutes or so.

Because, if you are into short term investments or trading, and you’re not making use of technical analysis, then your success in this type of investment would be quite hard. But for someone who is into long term investment, they can rely on news and fundamental analysis. technical analysis as well can be helpful. They can also decide to make their decisions based on the past history of the coin that they have invested in.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
February 11, 2022, 11:03:40 PM
#29
Usually the easiest is to determine the profit itself, actually there are several indicators to help target sales such as Fibbonaci, but the accuracy is not always right, only where we want to sell it is there it is better to sell.
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