How do you know when to sell? - page 19.

adzino

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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 ?

Those patterns won't let you accurately determine when to sell your coins and when to hold. The market is very volatile and unpredictable. If people could predict accurately using the patterns/charts, everyone would be making profit. The best way is to set a profit goal. Once you reach the goal sell your coins.

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

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 nothing to regret. As long as you are holding coins that are on the top or coins that are legit, you won't make any loss if you keep holding. You should only regret when you hold shitcoins and not sell them on time.

indo1

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I'm just consistent with my profit, no need to take it too high, if I target 150% profit in a month it doesn't matter the coin will go high because there are many potential coins. We are traders, not investors with large funds, it doesn't matter not to get big profits as long as we can take advantage of the moment.

takngantuk

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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 ?

nothing like that. For all long-term investments, I only sell during bullruns or maybe when the ROI is over 100%.

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

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

no, because from the start it was my choice. so no regrets even if my choice is wrong. but as long as I've invested in crypto, I've never had a problem like this. I always sell when the price has gone up high even though not during ATH. My regret maybe is that after I sold, the price went higher.

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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

There's no such pattern because everything could really be random and there's no way you could know on what would be the future looks like and everything would vary on the demand and considering

that market movements do really vary on lots of factors neither it could be in fundamentals or simply following those technical analysis and this is why these things exist on the first place on which
you do need to learn up and make use of it for you to sustain this market despite of losses you had made out earlier.This would be a cycle but one thing you should mind about is on
how to survive this wavy scenario.

AmoreJaz

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Quote from: Ulven on February 11, 2022, 05:03:00 PM

When you see that the market is ready to fall, wait and do not sell immediately. Bitcoin is a bit like a barrel of oil!! it has its own volatility, so you can observe it and learn it to understand when to buy or sell!!!
The optimal strategy is when you look at the graph, draw an average line (10-15 points). If the price goes above this line, then wait until it goes below the average line and buy. The same strategy works for short positions if the price drops below your chosen level.
The main thing to remember – do not panic! If you lose 10-20%, do not hurry to sell and wait until the price reaches your barrier.

maybe, this will work for bitcoin. but for the other alts, they have their own character and market performance. if you are into alts, you should follow the progress of what's going on with your coin, get some news tidbits from their social media channels. don't rely on the charts alone because there are some factors that you need to know why the lines are behaving that way. some are hidden on how the team is conducting themselves towards their socmed followers. sometimes you will get a hint if the project is about to be abandoned if they are not responding anymore. and the charts will not tell you about it.

kotwica666

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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

It all depends for how long you've invested. If someone has invested on a long term basis, he or she does not pay attention to the momentary price fluctuations and simply waits for the planned profits or just for the next bubble. If someone makes a short-term investment, he should pay attention to very fast price changes. Usually, it is just right after such sharp and large movements in the price on market that there is an equally fast change in the trend and in such situations it is easiest to catch a good wave and earn.

Ulven

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When you see that the market is ready to fall, wait and do not sell immediately. Bitcoin is a bit like a barrel of oil!! it has its own volatility, so you can observe it and learn it to understand when to buy or sell!!!
The optimal strategy is when you look at the graph, draw an average line (10-15 points). If the price goes above this line, then wait until it goes below the average line and buy. The same strategy works for short positions if the price drops below your chosen level.
The main thing to remember – do not panic! If you lose 10-20%, do not hurry to sell and wait until the price reaches your barrier.

el kaka22

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When I have enough? I do not really sell my crypto and usually keep it as long as I have to. There were periods in my life where I ended up selling but none of them were trading related.

First was in 2017 at the peak on December and all my friends assumed I made a lot of money but the reality was that I paid a big debt with that, it had been with me for nearly 2 years at that point and I was very happy to finish it off (mortgage) and I owned my house after that so it was a good deal.

Second was during early 2021, like January or February and used that to create my own project with bunch of friends, we failed and it didn't made me any money but we almost broke even so I didn't lose much (just a few hundred dollars, nothing big) and the latest was during this autumn, where I had to pay hospital bills for a family member. So, anytime I sell it was always a "good reason" but never about money.

Mpamaegbu

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

Can you share your opinion

For your first question – I use Technical Analysis (TA) of lines and try to preempt the market from the little I understand of TA. It can't ever be perfect, I know, but it surely helps as a navigating tool for me instead of completely groping in the dark.

Your second question carries the weight of regret and I believe a lot of us here have either done that in the past or are still doing it. The only time investors don't regret selling is if they sold and price dipped. Otherwise, we tend to calculate what the difference in sold amount would be doing for us if we had heDl a little longer once price went in our direction after we sold off.

Jackl87

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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 don't think that you can use patterns of charts or whatever to predict when a market begins to rise or to fall or whatever. What i think though is that you can just use common sense. For example if we are in a full steam bull market in which we where from 2020 until the beginning of may of 2021 then the longer the bull market lasts the more it becomes likely that a bear market is about to begin because a lot of people made huge profits in the bull market and will begin to cash out to secure those profits.
And yes of course i also regret that i did not sell back in may 2021 when my portfolio was worth almost 8 times more than it is now but it is what it is.

Anonylz

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If you are not following the market base on TA to determine when to sell (not very easy to do) you can always do the simple pattern of selling when the price is very (maybe 70% of what you hold) and if the price will continue to surge or correct down,
Some use charts others to do the normal way, it all depends on you and what you feel is high enough, and if you consider yourself a diamond hand Wink

you can decide to hold through high and low.

lobo13hf

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Sometimes when you are doing TA and you can use various strategy to know when you must sell your crypto. You can use RSI to identify the trend in the market and you can also try to see the daily volume. This will give you a small clue when people are preparing to dump their tokens to the market. It can be seen when you're seeing the chart.
The fact that so many people are doing various forecast anytime for this They are very busy to predict the direction of market and me too.

zulfi125

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To understand when we can sell your altcoin for profit, you need to learn the technical analysis of any altcoin, when the resistance level reach of altcoin that is the point to sell the altcoin but as a common trader you should check the crypto market BTC price when price recovered from $33k to $45k that was the point to sell your crypto to make a good profit and I suggest don't hold if you want to make good profit from trading and you can buy when the market on the dip.

lousie9

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Everyone has a different strategy in this regard and for me when I hold an asset and see the hype of the asset is high then I will continue to hold the asset and if the hype has started to thin then this is the right time to release the asset and take profit from holding.

As long as the coin has the potential to continue to grow, there is no harm in deciding not to sell the coin.

o48o

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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 ?

Can you share your opinion

Answer to this would be holy grail and it basically contains the question when to buy as well. There have been thousands of ways to read the market from astrology to several technical analysis indicators and candle patterns. Sad truth is that even if you find one way that works some of the time, it doesn't work all of the time. It's a game of probability and there are several schools of thoughts how to do it.

My way is look for small caps with good fundamentals and estimating the potential for the marketcap growth with those fundamentals, putting my target and sale there and continue.

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

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

Sure, but you can't call the top all the time. Not even half the time.

bitkanu

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I will always sell when i see that the pattern already reached the peak. I just try to sell 50% of my total portfolios and waiting for the best time to buy back again. Basically, the pattern can be predicted when you are often seeing it happened in the past. You must always use strategy to be able to prevent when the price of token goes up even higher or go to the bottom. You didn't need to sell all of your tokens.
You can keep some to prevent it. this can be used as a way for you to anticipate the bulltrend that may pump your token to the moon.

jrrsparkles

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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

Everyone have their own strategy and parttern which differs from what indicators they are using for their technical analysis. Or if you are a long term when you see the green for long term and you are satisfied with the return then just go for selling it.

Almost everyone regret about not utilising the opportunity but accept it and move on because we can't do anything about it.

asriloni

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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 ?

I have it and I'm always doing TA and FA to make sure I will be able to sell my crypto at the peak price and I will able to re-buy again once the price goes to bottom. That's why I have been making 4x for my crypto as I have sold at peak price last year and doing re-buy at the end of last month.

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

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

I don't regret it coz I have so many potential tokens in the market that can be seen as a good way to make money.
As long as you have thousands of ways to make money from the market and why do you need to regret it when you will able to jump into another token or coin? you must use your sense.
We are in the crypto market even meme token can give you decent profit as long as you can be early adopters.

Maus0728

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@gantez

Answering "when to sell" or "when to exit a trade" have a variety of answers that only your strategies can help you answer it. I highly suggest you to read a the wiki of this subreddit^[1] and watch some of CryptoCred's youtube videos^[2]. These resources can help you find a reason when to exit depending on the T.A and Trade Management.

[1] https://www.reddit.com/r/RealDayTrading?utm_medium=android_app&utm_source=share
[2] https://youtube.com/c/CryptoCred

JrRini

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You have not stated clearly what you want to sell. And besides, if you want to sell USDT then you have to pay. You can use Corona virus to sell directly to any currency via p2p. It is very easy and if you want to trade. From here you can trade risk free.

Topic: How do you know when to sell? - page 19. (Read 2873 times)