Topic: How do you know when to sell? - page 5. (Read 2873 times)
profit when we buy not when we selling it
determining the time to sell crypto assets is not a big problem in my opinion, because we just have to monitor the coins we hold at CMC, if the coins we hold have gone up much higher, then I think it's the right time to sell, after that we can set aside a little profit to buy other coins that have great potential to be re-invested,
I think determining the time to sell or buy is equally important because these two things greatly affect the profit you get. If you can sell for $100 why should you sell for $50? it doesn't matter if you sell the coins you have when the price goes up a little, but if the price of the coin has the potential to continue to rise why don't you choose hold?I mean it is much better to use analysis to determine when to sell or buy so that we get the maximum profit.
A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
The rise of cryptocurrency market increase the development of digital assets. People actively invest in digital assets and attracted funds allow to develop cryptocurrency more quickly.
Rise of the market attracts a lot of users. Fall of the market is the best time to buy tokens that allow to have maximum profit from investment.
This is very difficult for any trader as it is very difficult to understand the condition of the market Many people make such profit by doing technical analysis but it is very difficult. However, many people use some techniques to make such profits increases 50% , Then you should withdraw the original investment money So with that money you can invest in any other new project
Absolutely mate it's hard to read/know that condition/movement of the market so we can not say that this time is the best time to sell our coins cause crypto is volatile and the market is unpredictable one thing I know when to sell is when the price will up but sometimes the price will go up and up and then leads it into regrets. .we need to be careful in terms of trading to avoid such regrets.
This is very difficult for any trader as it is very difficult to understand the condition of the market Many people make such profit by doing technical analysis but it is very difficult. However, many people use some techniques to make such profits increases 50% , Then you should withdraw the original investment money So with that money you can invest in any other new project
I have made myself to be happy anytime I take profit. Once my capital is out and some profit also, then I can leave a lambo bag behind and keep following up the project. This is what I do most times, I don't sell all at once, I take profit little by little with capital as main focus. If it works for you this way you can try it out.
determining the time to sell crypto assets is not a big problem in my opinion, because we just have to monitor the coins we hold at CMC, if the coins we hold have gone up much higher, then I think it's the right time to sell, after that we can set aside a little profit to buy other coins that have great potential to be re-invested,
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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, I don't have any pattern for sale. Now let's talk about my strategy, I basically do short-term trading, it can be called day trading. In the case of short-term trading, I see the position of the candles, they can be easily understood by various technical indicators. And try to buy step by step and sell step by step. One more thing to keep in mind is not to be greedy too much, many times it is seen that the weaver is ruined by greed.
A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
The rise of cryptocurrency market increase the development of digital assets. People actively invest in digital assets and attracted funds allow to develop cryptocurrency more quickly.
The more people use cryptocurrency the more demand in digital assets. Many people are looking for new abilities that cryptocurrency offer.l
The demand in cryptocurrency grow because many people use it.
If you feel comfortable with current price or already have a plan how to use obtained new funds - that is the right time to sell. It is individual for everyone and there is no correct answer to this question. Sometimes selling today with a losses will be more reasonable, if tomorrow market mood changes completely. I personally sell only when I need funds for something else; to buy in IRL or buy other crypto. In any other case I am holding strategy supporter. I am holding until there is 15% profit as minimum, and never wait until 200% profit. I prefer to get profit many times from different deals, than wait year for investment to double.
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
- Every year especially at the end of the year is the best time to hold and potential sell if you want to maximum profit in current year. We have seen the pattern which every end of the year the price is raising really high at that moment and it repeats every year.- Follow the big influencer whose interested into cryptocurrency, for example Elon Musk once he tweeted about Dogecoin, the price was suddenly surging really high and this thing could repeat later on by other users.
Do you regret not selling your coins at any point because you didn't know it will drop ?
I had the same feeling but at least I can learn from my mistake and get profit to recover that losses when the time is come.
If there is a situation where i have to sell at a price higher than the purchase price then it is time to make a profit. So when selling you have to think about how much the price of the product has increased. Although the sales situation is not always stable so it can come up a few times which can get you into research. So look there development programme because price rising depend on their runing roadmap.
A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
Many people are waiting till the rise of cryptocurrency market. Hope soon it will rise.
The adoption of cryptocurrency market growth, so there are all predictions for the growth of the market.
That is why now it is better to buy cryptocurrency than to sell.
The rise of cryptocurrency market increase the development of digital assets. People actively invest in digital assets and attracted funds allow to develop cryptocurrency more quickly.
This pattern must be drawn up before you start buying a particular coin, although in the course of this scenario will change and not according to our expectations, but investment cannot be carried out without it, considering that the right time to sell a holding is not always available, the market must be observed and analyzed, because the market reaction is not always in good condition, usually the falling coins are caused by a lack of interest, enthusiasm and communication, so that marketing and demand are not balanced for certain coins
I think this is very important because it is always likened to a new product or a product that has been launched to the market expecting a lot of interest, because without those interested in buying it, the development of the token price will also not exist, so every product requires supply and demand in the market as expected by the development team. 
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
Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
Though it is not easy task to decide when to sell and when to buy but we can get support of Technical charts to make a good and accurate decision to some extent, My rule of selling is very simple and I take support from RSI indicator, when it hits 80-85 on daily charts, it means the price is getting into over bought area and we should keep watching it for few days, if stays there then we should book our profit.
selling on top buying low and frequently trade will make our balance growth well. no matter how much token price will soar but as long as we hit our daily target , its good to do.
It doesn't answer the OP's problem. It is easy to say buying at a low price and selling at a high price, but the hard thing is to implement it. Determining the daily target isn't also something easy, it is difficult if you don't have a basic skill in analyzing the chart patterns and aren't eager to update the current crypto issues.profesional traders didnt care about price, they more concern on how create profits and by researching or analizing selling and buying level could help them generate profits.
Every trader cares about the price. Professional traders cannot take profits if the price drops and never achieves their target. Researching and analyzing are the ways to know the possibility of a price move. So, everything is still related to the price, and cannot be separated from the price matter.
I am not the fortune Teller but yes we can predict the market through the chart /graph By looking at the resistance leval we can get some idea, booking profit is important hold only that project which you are really postive and know alot so what i do if i generate a good profit i will immediately try to sell instead of holding unless the project is really strong
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
This is very difficult for any trader as it is very difficult to understand the condition of the market Many people make such profit by doing technical analysis but it is very difficult. However, many people use some techniques to make such profits increases 50% , Then you should withdraw the original investment money So with that money you can invest in any other new project. Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.
The more popular cryptocurrency becames the more demand in it.
Now many people are hoping for the future growth of market. It is necessary just to wait.
Many people are waiting till the rise of cryptocurrency market. Hope soon it will rise.
The adoption of cryptocurrency market growth, so there are all predictions for the growth of the market.
That is why now it is better to buy cryptocurrency than to sell.
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 ?
Do you regret not selling your coins at any point because you didn't know it will drop ?
It is better to fix profits in installments. Although I understand that every investor's golden dream is to sell everything at once at the very top, you'll never guess the top of the market, so it's better to fix profits in stages.
The first thing better to do is to fix the profit at cost price, then you are guaranteed not to lose anything from your investment. Then you can put orders by the ladder method, guided by your own metrics. For example, when a project grows strongly, it forms a top, then the coin goes to a correction and tries to grow further. If I see that the second top was lower than the first, it means that the project has exhausted the fuel for growth and now there will be large-scale sales, then I fix most of it and leave a very small part.
If I see potential in the project, then I will wait for correction and buy again, but already at low prices.
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