Topic: How to know when to sell? - page 8. (Read 3954 times)
the first thing to do is to make a profit for your investment. if you already get a profit from it then you can sell it because if too long hold feared the price will go back down because the fluctuating price so too risky to continue to hold it
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I think that so you can know the timing of the sale you need to know technical analysis, combined with market psychology to be able to make specific trading plans and know when to buy and sell. the most exactly . I think you should not have caught the bottom of the trade so try to sell at the most liquid points and buy good coin at average price. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
sell when you think that it is enough. Being too greedy can cause you a huge problem. My rule is to take a small profit: 5% every trade. Well, if you can take 5% every day in a month, you will x4 your balance when a month ends
Its simple, sell it when price of bitcoin exceeds your entry price and bringing good profits for you as only holding and never selling won't allow you to make profits so instead of holding it too long you should sell when you are in profitable position as you always have an opportunity to buy it back when price falls in near future and that is the best strategy to get profits regularly.
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
Successful traders do not wait for a great leap in price to sell or buy. You can check YouTube for videos of the floor of an exchange. I suppose the kind of what you want to know is different from that which traders need to trade. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
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The basic rules of trading: buy when the price falls and sell when it grows. Despite the basics, the market can behave unstable and make jumps that can ruin you, or vice versa. In addition to trading knowledge, luck will come in handy 
You need to understand that market is not inclined towards pumps or dumps nor there is specific tenure of each of the phase. They can overtake each other any time and being a trader, you need to stay aware of this. It is easy to advise that go for grabbing coins at low rates and sell them off at higher but not easy to carry out practically. It demands much of the patience and sagacity but again not impossible.
Market is not stable now, it is difficult to predict altcoin
I think it's hard to predict the bitcoin value and the altcoin every day because we all now know the market is not stable these days. I think you will know when to buy and sell through the test chart or by checking the market value of the currency you want to invest.
It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.
yes, it is difficult to predict bitcoin price because we still don't know when the price is down or up but we still have a clue to try to make a profit. and if we can watch the price trends in daily, I think we can use the analysis to predict where the price wants to go so we can follow the price and make the decision to buy or to sell or even to hold. the time to sell is when we can see that we can make a profit when the price is up and not hold because we want bigger profit.
It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.
I think we can sell our holdings when we have a profit in return of our investment, because selling is only depending on the price status, Normaly the people did not sell when the price drop, it is all because we are really looking for profit and we need to make or do action in a very prudent way for good.
i think for me it to hard to know or predict the price because we all now that market is not stable this days. just make decision that is good and take risk all the time.
It is so hard to predict the bitcoin price value per day. We cannot assure what will happen to bitcoin value. Just like on stocks, we should know when to sell, or when to invest. Bitcoin is too risky for us, selling is the best way to earn, but you should know when to sell.
If the issue of price prediction is very difficult so is only a luck that a merchant can rely on for profit every time.But for me when the coin price is showing an increase without a second thought I immediately sell and anticipate the occurrence of major losses.
You will know when to buy and sell thru checking of graphs or by checking the market value of the coins, if it is green and you already earn some profits, then sell your bitcoin and if it is red, buy more bitcoin.
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
What time frame are you comfortable with doesn't matter. The thing is you need to draw resistance and support lines precisely to find when to sell. Sell in higher resistance and buy in in lower support. It is actually that simple. Additional indicator might come in handy in volume and moving average. Volume gives you information about the power of market toward bullish or bearish. Moving average helps you identify trend in any time frames.
i wait till it stays green for some time. then looking at the market graphs, trade or sell out before the peak or at least when I guess
or even when it just goes red and down slightly, as long it is higher then what I bought in. many ways to do it
or even when it just goes red and down slightly, as long it is higher then what I bought in. many ways to do it
If you can see that the coin will continue pumping, then only sell half of it and monitor the market closely. As everyone will say that do not be too greedy or you will just lose, not profitable. So only sell when you get at least half the profit.
When you are earning, it is time to sell your bitcoin or altcoins but if you really wanted to earn a huge income or profit you can do some holding for a great chance of great profit as soon as the price already increase.
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
It is simply as this. Sell your bitcoin if you know that the price is getting higher and you can hold you coins if you're not yet contented with the certain price or the price is really low then its to for you to hold your bitcoin until the price will getting higher than what you expected. But sometimes to set our goals for this will be our guiding star. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
It is simply as this. Sell your bitcoin if you know that the price is getting higher and you can hold you coins if you're not yet contented with the certain price or the price is really low then its to for you to hold your bitcoin until the price will getting higher than what you expected. But sometimes to set our goals for this will be our guiding star. I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
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