Topic: How do you know when to sell? - page 9. (Read 2873 times)
There's actually no sure fire way to know when to sell. But one hazy method I use to detect when the buy prssure is fading is when the price hike is falling. Like I said, its not 100%
Actually there is no specific pattern to sell a coin that we hold, but we must monitor every day the development of the coins we hold if there is positive news spread then we must still survive until we get a profit when the increase occurs, and we also have experienced regret when the coins we hold suddenly experience a drastic decline and experience losses even though we have made a profit a few days earlier.
If you continuously follow the development of the project, it will guide you to when to sell your asset.
News and progress have a good impact, plus those communities who also invest in the project will allow you to decide
whether to keep holding or it's already time to let your asset go.
Selling is always better when you already earned decent profits, though it's not always the outcome, as sometimes you also suffer from losses due to unexpected market movement. Always remember to have a good backup plan when dealing with this type of investment.
Actually there is no specific pattern to sell a coin that we hold, but we must monitor every day the development of the coins we hold if there is positive news spread then we must still survive until we get a profit when the increase occurs, and we also have experienced regret when the coins we hold suddenly experience a drastic decline and experience losses even though we have made a profit a few days earlier.
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.
It is very hard to predict the future price of cryptocurrency. That is why it is nearly impossible to find the best time for sell atcoins.
Now cryptocurrency market falls and and it is not the best time to sell tokens and altcoins.
But all altcoins are different and not all altcoins will be able to survive during the fall of the market. That is why it is impossible to give one common advice.
The price of cryptocurrency depend too much from the cryptocurrency market, but the price of cryptocurrency also depends on the how useful is the project and its coin and how loyal is the community of the project. So the price of cryptocurrency depends on demand in it.
Now many people understand that it is necessary to protect a nature and the demand in nature protection will only increase.
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
Of course, such incidents have happened many times. The lesson I have learned from each of these events is that when you see 100% or 200% increase in your invested profit, Sell from 50% to 75%.Even if the price goes down later, you will not have much loss but profit.Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
Yes, I believe this is the best move so that you have already secured the profit, and we could also use the trailing stop method, in which you would move your stop loss with the price increases, so that no matter what happens, you will still be able to secure some profit out of it. This is useful when you have to leave the market and don't want to spend the entire day watching it. However, the best advice is that if you are satisfied with your profit, you should sell your coins rather than becoming greedy, which will result in losses.
Well everyone has their own secret sauce some look at graphs and tick of validations and invalidations, some listen to their favorite youtuber for advice and so on. There really is no right and wrong way there are so many options to choose from, usually if you tend to flip the trading mentality you'll have much better results even tho your brain might not agree with you first.
And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.
But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got profit
I am very intrigued with your post about Lunafi, seems like interesting project, are they out ? because i couldn't found much info about them. And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.
But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got profit
Well everyone has their own secret sauce some look at graphs and tick of validations and invalidations, some listen to their favorite youtuber for advice and so on. There really is no right and wrong way there are so many options to choose from, usually if you tend to flip the trading mentality you'll have much better results even tho your brain might not agree with you first.
And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.
But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got profit
And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.
But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got 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.
But now it is difficult to predict how the market will move.
Many people thing that cryptocurrency market will rise in the future, but now it only falls.
Very often all the predictions does not come true.
It is very hard to predict the future price of cryptocurrency. That is why it is nearly impossible to find the best time for sell atcoins.
Now cryptocurrency market falls and and it is not the best time to sell tokens and altcoins.
But all altcoins are different and not all altcoins will be able to survive during the fall of the market. That is why it is impossible to give one common advice.
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
So far, I honestly don't have a particular pattern to observe the market but only rely on the information available in Coingecko and analyze backwards and receive information that may be available from the social media side. with it we predict movements and determine when to hold and sell to take profits.Do you regret not selling your coins at any point because you didn't know it will drop ?
But now it is difficult to predict how the market will move.
Many people thing that cryptocurrency market will rise in the future, but now it only falls.
Very often all the predictions does not come true.
Many people thing that cryptocurrency market will rise in the future, but now it only falls.
Very often all the predictions does not come true.
Crypto market is always quite diffeicult to predict. You never can be sure that you did the right profitable analysis. But what you can do is trying to learn trends and patterns to determine for yourself the largest range in which you can enter into transactions.
The market does not only falls right now. Generally, it never only falls. Sharp and prolonged declines, as well as growth, are not a "normal" state of the market. The price always wants to level off and be somewhere in the middle. Thus swings are formed. After a fall there is always a correction, it may be small, but it is. These fluctuations can be used for trade.
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
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I am using TA methods (Elliott Wave Forecast). In my opinion, interpretation of the market with technical analysis is a must. Other than that, one of the things that caught my attention: the increasing interest in cryptocurrencies in the conventional press. If the conventional press is making the headlines of cryptocurrencies frequently, I'm starting to think that the market may have reached saturation. Because they are the ones who take the trend to the last stage.
Altcoins were never sold, it gets added to the portfolio. Whenever there is good bullish move in the market I used to sell the holdings. Most of the time I sell only if the respective altcoin have given me 2X profit, if not I'll just hold it. At times when there is good level of volatility I prefer using it on trading so that the holdings can be increased.
Mostly for altcoin I give my self a certain profit margin and once I have something close to that I sell immediately. Altcoin move like waves. It could be up at the moment and the next moment it's down so I don't take much risk with dealing with altcoins. I neglect complex technical analysis indicating more holds. I just take the little available and move on
Trading should also focus on seeing market movements when to enter, hold and sell for special patterns that do not exist, for example, if you buy 2 ETH correction at the price of $ 2,159 if you are already profitable, for example at the current price of $ 2,579 you can sell half of it, the rest is just in case if it happens market correction again.
How should I know that $2.579 is a good price to sell, when I bought at $2.159? In this case the price rose 19.45%. Is that good percent with wich I should be satisfied or may be I could have selled with 30% profit? I don`t know answers to that questions, for me each case is different and I can`t build some kind of system. That is why when I hear in some examples that 'I am already in profit' or "should close position when the correction is over' I get concerned. Such advices are realy vague and not clear.
The pattern i watch to determine when to sell my coins are Twitter and telegram. I used Twitter and telegram to know when the market price is good for people to sell to make profit from the market. Through Twitter and telegram information, I can be able to to know when to to release my coins to make profit without experience fear of lost. Those coins am expecting to start pumping in the market about start according to the information I got on those social media few days ago in the community. Any moment from now, there will be massive pumping on some coins in the exchange market to enable people to make 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.
It is necessary to sell the coin when its price rise to have the maximum profit from investment.
But when market falls it necessary to buy coins.
But not all coins will be able to survive during fall of the market. That is why it is important to evaluate the future potential of the coin.
Making the right decision at the right time is a big factor in the market. Because if I buy some coins to hold long time and in time it is giving good profit in the market then I will definitely sell fifty percent and go out. I will leave it to hold fifty percent. If the market price falls then it will give me a chance to increase the amount of coin I hold from the profit share sold first. Profit from both sides The amount of coin held for a long time has increased.
basically no one knows for sure when the best time to sell or hold because no one can predict market movements with certainty. Personally I use a different strategy to determine the best point to sell because the percentage increase in price on new altcoins and big altcoins like BNB is very different. I mean a 10% price increase on big altcoins and new altcoins are very different because a 10% price increase on big altcoins is a great thing but for new altcoins this is normal. so I set a target when the price of the big altcoin that I hold goes up by about 7-10% I will sell and will buy again when the price is down. On the other hand I cannot determine the target for sell new altcoins because the price of new altcoins is very volatile, in other words I will sell or hold it depending on the conditions and the news circulating.
With that strategy using valuable asset, you need to have a decent amount of investment.
I understand your point and I also value that kind of works, if you know how to estimate and you are good at anticipating
the next market movement.
7-10% increase would be nice if you can continue to grind and keep gaining decent percentages of benefits.
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
The ultimate solution is to buy the dip and sell when you are in profit.
You will find various trading indicators on the trading view but Noone will give you any financial suggestions. Cause no one knows when the market will fall.
You have to do your own research before investing in any coin. You can use indicators but it is not 100% confirm material that will guide your trading, these indicators just give you about the current market conditions and previous views, It is you who have to decide which action has to take.
So, the better thing is to invest in good coins in the correction period, try to buy partially on every dip. then wait until you see any upward movement, when you think you are in a profitable condition then don't be greedy, sell everything and wait for the next buying opportunity.
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
You should play as fast and lucky patterns, or futures/time period.Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
if you use a fast and lucky system, you have to be alert and quickly see the movement of the chart in a certain time, and buy back.
if you use the timeframe you sell it when just follow the coin has been recognized or you are risking your luck.
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