As Warren Buffett said: "Sell, when everyone buys, and buy when everyone sells"
You have left to determine these movements)))
Seriously, I'm looking for coins that have not been pumped for a long time, are at low values and there are attempts to break the falling trend
Topic: The Best Time To Exit Trading - page 24. (Read 24693 times)
Stop loss, limit that we are capable to recover.
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Yes, news is very influential on price movements. When a lot of bad news, usually the price will tend to go down. And this can be a guide for us to release our coins while waiting for the good news that may spread in the media that will usually be followed by price increases. News is a powerful guide in crypto trading.
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
As for me, the best time to exit trading is when you have enough funds to have a sustainable life. If you are tired of what you are doing then you should be sure if you have reached your target goal and if you have enough earnings and savings for your future needs.
you are right, the media does affect the price of bitcoin and altcoin, if trading must often read the news to determine selling or buying steps, trading in crypto almost the same as forex. in my opinion
For me the good time to get rid of the deals was when I got the profit I wanted, but to do this I struggled with my greed so much that a challenge Great before I get a profit.
For me the best time to exit in trading is when you see that you already earn a good profit in your capital. Some other company it takes time to earn profit and thats why some trader loses there fate and sell there coins even they lose and if you have more patience your earn a good profit while others are lose.
Let go of greed and expectations of high prices in the future, high prices for coins you see enough profit to sell them to take profits, should not expect too high because we can not predict their trends in next time.
For now, i never thought about exit on trading, because on trading there is a large potential of earning big money. Unless you are no longer happy on the results on your trading and it makes you to decide exit on trading.
My method of determining the best exit(sell) point is to plot the pivot points, and when it hits the pivot that's when I exit a trade.
if you're wondering how to plot pivot points, refer here https://www.investopedia.com/terms/p/pivotpoint.asp
if you're wondering how to plot pivot points, refer here https://www.investopedia.com/terms/p/pivotpoint.asp
In my opinion you should not be too greedy to wait for the price too high. So watch out for them daily and decide how to sell them when you get a profit from the price difference. The Crypto market is volatile, so the greedier you are, the deeper you'll be in the market.
Day trading and short term trading are very tricky and sensitive and to my opinion it's hard to be successful for a long time so you actualy need to estimate when to pull out. Losses are inevitable. But this is very individual, some general rule doesn't exist.
Long term trading is different story and such traders are in much more comfortable positions.
Long term trading is different story and such traders are in much more comfortable positions.
I think that it is necessary to set goals and don't try to copy anybody's actions. You should know your limits and know when it is best time for you to exit trading. Set your own profit targets and
There are always news and rumors that can bring down the price. The best thing is just to set your target and know when you might have made enough profit. When you feel like you have achieved your goal, all you have to do is monitor the price of the market and know when is the right time to exit the market. Some people will prefer to set a price notification with the help of their exchanger mobile app to notify them when the price drops to a certain rate. If you feel like it has dropped to a rate you can’t take it anymore, just exit and save what you have accomplished so far.
There is a time for exit only for the day traders and short term traders. The traders who invest in crypto for a long time don't need to wait for the right time to exit since their exit is pre-planned and is yet to come after a long period. It is a subjective issue since everyone has their target goals, someone may make a million dollars and that may seem enough for a person living in the third world
What I understand on exit in trading is when you fully quit. If one is making money in trading then i don't think we should quit, trading gives good return if you spend more money and time on it.
Maybe those who are not successful should have an exit plan in order to minimize their loses.
I want and if it doesn't work out then I'll probably need to wait a lot of time before exiting the market, but if it works then it will happen a lot sooner. It is a smart idea if you have a lot of money because investing in real estate is a very safe investment but one that is not going to give you the huge profits while cryptocurrencies can, and many people here myself included that are investing in this market do it
I think its is totally the opposite of it. It might be the best time for trading since the prices are low many potential investors must be showing good interest in buying so good coins that might have some good value in the future. This is not the time to leave it its actually the time to sit back and watch things get better as they are definitely going to get better. This is actually true no matter how you study price analysis candle charts patterns/stick. It will only be all in vain once the whales decided to sell their tokens to gain profit and to buy low again then repeat
There is a time for exit only for the day traders and short term traders. The traders who invest in crypto for a long time don't need to wait for the right time to exit since their exit is pre-planned and is yet to come after a long period. It is a subjective issue since everyone has their target goals, someone may make a million dollars and that may seem enough for a person living in the third world
If we all know when to sell, we all will be millionaires right now. Timing the market is an impossible undertaken and I have never seen that trader and investors that know precisely when to sell.
Thats true, its not easy to decide if its the right time to sell or not because the movement of the prices are really unpredictable. Bad news regarding cryptos can affect the price because of the panic seller afraid to lose their money in the particular investment however not all of them were true, some are just spreading fud to confuse the community hence they will take the opportuniy to enter the scene. We need to understand that if ever you're planning to exit, dont let your emotion decide, analyze the market and make a conclusion so you wont regret your decision afterwards. 
you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
do not go with the flow, you need to think about when you're right and you will not regret it someday, exit when you know it, think before you exitJump to: