Topic: The Best Time To Exit Trading - page 27. (Read 24693 times)
Guys, I do think that you need to indicate figures, not just simple statements on when to stop(exit or sell). No matter how you state it, all posts were just the same. Giving out numerical values or percentage will help out newbie traders a lot rather stating theoretical statements which doesn't really give anything. Also, I find it a lot confusing with words. For me, it's better to understand with figures even if it is a ballpark figure.
Since it's quite hard to verify the news, I generally buy in at FUDs and exit at FOMOs. No matter what the strategy is, it requires certain level of patience to get the best price. I prefer investing lately because of taking the emotional burden into consideration.
There is no specific time for getting into or out of the trading. It is all and all your own personal experience which can help you in handling the things in a better way. However, you need to be sure that you are only quitting the trade when the market is giving you enough profit and that you are not going in loss. There is simply no point of quitting the trade at time when you are going in loss and gaining nothing profitable.
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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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.
I wish I knew this before. All my coins in portfolio was mooning that it seems like it will continue that way so I never cashed out. I will do this when every coins skyrocket again so I will not regret anything when it goes down.
Since it's quite hard to verify the news, I generally buy in at FUDs and exit at FOMOs. No matter what the strategy is, it requires certain level of patience to get the best price. I prefer investing lately because of taking the emotional burden into consideration.
There is no specific time for getting into or out of the trading. It is all and all your own personal experience which can help you in handling the things in a better way. However, you need to be sure that you are only quitting the trade when the market is giving you enough profit and that you are not going in loss. There is simply no point of quitting the trade at time when you are going in loss and gaining nothing profitable. 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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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.
I wish I knew this before. All my coins in portfolio was mooning that it seems like it will continue that way so I never cashed out. I will do this when every coins skyrocket again so I will not regret anything when it goes down.
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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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
https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/ (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.
I wish I knew this before. All my coins in portfolio was mooning that it seems like it will continue that way so I never cashed out. I will do this when every coins skyrocket again so I will not regret anything when it goes down.
Since it's quite hard to verify the news, I generally buy in at FUDs and exit at FOMOs. No matter what the strategy is, it requires certain level of patience to get the best price. I prefer investing lately because of taking the emotional burden into consideration.
for me the best time is when the market reaches ath, when that moment comes i am ready to sell a significant portion of my stack. because there is a big chance the market will go down again making it possible to rebuy at a better rate , and also pocketing some money.
The best time is when you are in a profit and your investment showing you a great profit because in this way your interest will remain same and you can earn good from market because this is the best time to exit and makes you able to be a good trader,
most people end up losing a lot of money because they dont leave the market when they have enough profit.
mm, the same happens to me sometimes, maybe you wanted a 2,5% profit, and you got a 3%.. And then you want a five percent and you end up leaving the market with 1% of profit because it went down again.
Greediness is very important in here.
The best time is when you are in a profit and your investment showing you a great profit because in this way your interest will remain same and you can earn good from market because this is the best time to exit and makes you able to be a good trader,
I think it's a good time to get out of trading when you already get a lot of profits because if you have not gained profits then you should survive and try to get the benefits first. if you go out before getting a profit then you get only losses only, I think trading is very profitable so for me personally I will not get out of trading I will still make use of price movements to be able to profit.
In the market so many cryptocurrency so will be hard to follow all news related that crypto, so i prefer to use technical analysis to decide when best times to sell my coins. Technical analysis very helpfull to know best entry to buy and sell crypto, though not 100% accurate but that very important to understand it to make profit.
Technical analysis is very helpful but we should always put in mind that the market can be manipulated. It's getting bigger now and since the market is so volatile, you have to be updated of the predictions from the experts and speculation so you can timely
put an orders to buy or sell.
As of now I stuck my balance in exchange site since last month because of price too much decreased, the best thing to exit for is to recover my capital and my profit was there. I don't exit if I only have lost in trading that's why as of now I holding my coins in exchange site hoping that all prices in cryptos are bouncing back since I invested coins. Trading also need patients or just to have a profit then if you can't control your emotion that's the time you've lost.
That's good information. I feel myself sometimes get stuck when the price going down and FOMO feels, I can not get out of there. But I just realized that the media gives a signal before things happen in the market, at least we are speculating.
I agree, the best time to exit would have to be when the coin is increasing and at its peak. It is when you feel like the coin you've invested reached to the amount you are targeting at then that would be the best time to exit in trading. That's what I always do and I usually set a sell order so I would know it is enough already.
In the market so many cryptocurrency so will be hard to follow all news related that crypto, so i prefer to use technical analysis to decide when best times to sell my coins. Technical analysis very helpfull to know best entry to buy and sell crypto, though not 100% accurate but that very important to understand it to make profit.
I think the best time to exit from trading is to aware of loss trading and keep your investment safe because crypto trading have different market trends and you should understand these market trends,
Its true that nowadays mostly FUD decides the fate of bitcoin price and media play a major role in spreading the FUD.So whether the news about crypto is true or false,if we see it spreading violently in the media and we start seeing a small dip in price,then it would be better to exit trading.
Also we should set a target price with some percentage profit and once we achieve that target price,then we should exit trading without continuing the trade blindly expecting sky as the limit for the price.
Also we should set a target price with some percentage profit and once we achieve that target price,then we should exit trading without continuing the trade blindly expecting sky as the limit for the price.
Yes its good question Some peoples have a mind set when they buy something they have a clear mind set about the selling and they put the sell order with the difference of amount of buying and selling because they know the minimum and maximum price of such coin and set the profit margin ratio accordingly because they know it is good time to exit from the market,
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
this is it , to sell on the news you need to be on top of the news. which requires a lot of time. for most people it is the easiest way to set a target and sell on that target , don't think you can go higher and gamble it all away.Jump to: