The Best Time To Exit Trading - page 7.

jambul_kribo

sr. member

Activity: 980

Merit: 250

Quote from: darkr on January 05, 2019, 02:39:28 PM

Quote from: Btc_1856 on January 02, 2019, 11:12:58 PM

The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

If you feel that you do not want to trade anymore, quit it - the sooner the better. For these people, who lost their faith in trading, it will be the best time, the period when they understand this job is not for them.

the most effective ways to identify exit level was by analize the chart.if we understand how market moved we could identify in which level was to entry and exit from market.so dont decided only see this price to high or too low.moreover based on our felling.we have to avoid this ways.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: boyptc on January 03, 2019, 05:17:46 AM

I wouldn't take an exit if the media publishes about the dump and other bad things about crypto.

I've proven that thing suddenly will change and what they are reporting will turn into the other side. Just follow CNBC. Grin

It's because those media outlet just wanted some attention and would say anything under the sun even if they don't truly understand it.

But yeah usually when CNBC calls for a bearish trend, the market moves on the opposite direction. Grin

darkr

full member

Activity: 546

Merit: 100

Quote from: Btc_1856 on January 02, 2019, 11:12:58 PM

The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

If you feel that you do not want to trade anymore, quit it - the sooner the better. For these people, who lost their faith in trading, it will be the best time, the period when they understand this job is not for them.

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: boyptc on January 04, 2019, 12:46:55 AM

Quote from: ginobitcoiner on January 03, 2019, 08:55:37 AM

Why do you suggest going out of trade?

We may not know the real reason why he's saying that.

Quote from: ginobitcoiner on January 03, 2019, 08:55:37 AM

isn't the price now increasing and this is very good for trading?

It's always good time to trade if you have passion and experience with the industry, regardless of the prices affection you'll always see that trading has a straight way if you'll continue.

No I think that’s not true every time is not the good time mate their is some fixed time that you should know by observing the market. Trading right now is not good but that’s great time to enter so that you will not have to spend more and long term trading gives better profit than day trading so I would say its not time to trade.

marcous

hero member

Activity: 2478

Merit: 512

Leading Crypto Sports Betting & Casino Platform

You must be able to make your own decisions because the news can be manipulated I guess. For example, BCHABC has terrible news, and the reputation of CEO is not good. But the coin was gone up 100%, while the Coin that will be considered to be up, it hasn't any effect at all. at least you should have a target to take the profit, for example, 5-10%

Goodvalony

member

Activity: 616

Merit: 16

i have been trying to put this in practice.i think you just gave me confidence. i must put it into practice.i use to follow the news and the Fomo of a think. eventually, i got burnt several times. i have learnt my lessons. will try this method this year.
Honestly you made lot of points in your articles. i have to bookmark the page. seriously i like the way you explain everything in simple English terms. it's encouraging.

bitcoin31

hero member

Activity: 1834

Merit: 523

It is the best time to enter trading. Not to exit because those people who already exit or leave the trading maybe they are scared to invest more their money and other are no bright side see in the investing in cryptocurrency which is not because for us we believe if the market that is the right time to invest more.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: rickyharun on January 03, 2019, 03:47:01 AM

Quote from: Btc_1856 on January 02, 2019, 11:12:58 PM

The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

that is best strategy for us.easy to said but difficult to do mate.we have to learn and improve our skill.only expert and experienced trader could do this.need long time and sacrifice offcourse.

Simply put, trading is aimed at selling coins that we have at a higher price than when we buy them. when we decide to stop then we must be civilized at a good phase. Market conditions do make it difficult for many traders to make decisions. but believe that when a trader has good patience, they will most likely be able to make a profit. trading is a very interesting world, many people get rich when they can take advantage of many situations well.

Aivaryamal

full member

Activity: 1162

Merit: 101

Yes, the media are trying in every way to misinform the population about cryptocurrencies, and large players and companies at this time buy good digital assets at low prices

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: ginobitcoiner on January 03, 2019, 08:55:37 AM

Why do you suggest going out of trade?

We may not know the real reason why he's saying that.

Quote from: ginobitcoiner on January 03, 2019, 08:55:37 AM

isn't the price now increasing and this is very good for trading?

It's always good time to trade if you have passion and experience with the industry, regardless of the prices affection you'll always see that trading has a straight way if you'll continue.

ginobitcoiner

full member

Activity: 700

Merit: 101

BBOD Trading Platform

Why do you suggest going out of trade?
isn't the price now increasing and this is very good for trading?

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

I wouldn't take an exit if the media publishes about the dump and other bad things about crypto.

I've proven that thing suddenly will change and what they are reporting will turn into the other side. Just follow CNBC. Grin

otundebis

full member

Activity: 630

Merit: 100

The truth of the matter is that everyone have an idea of good and bad market and what they should do in each cases but the problem is how to do it! Even for a very experienced trader, you don't always make good decisions on time. I guess we win some and lose some, that is just the way it is!

rickyharun

jr. member

Activity: 197

Merit: 3

Quote from: Btc_1856 on January 02, 2019, 11:12:58 PM

The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

that is best strategy for us.easy to said but difficult to do mate.we have to learn and improve our skill.only expert and experienced trader could do this.need long time and sacrifice offcourse.

Btc_1856

sr. member

Activity: 1540

Merit: 255

The best time to exit from trading is to sell them when those prices are very high in the market. To enter into the market the best time is to buy when the prices are kept decreasing in the market. Most of the people will buy the coin when the prices are at a very high value and that is not the right decision.

Sunyoto

member

Activity: 574

Merit: 10

I think this year the market will start to rise again, for me, I will hold back some time in the future at a better market price, so that I will also produce good profits in the future.

rubythebest888

newbie

Activity: 14

Merit: 0

when the price reaches your reasonable stop loss point, the courage to get out is commendable.
I don't think there is best time. Just follow rules you set before.

bartusv

jr. member

Activity: 392

Merit: 2

We do not have always to follow what others are doing. The best is to have our own, independent decisions.
The best time to exit is when we have achieved our trading goals. Taking profit is one of the most important
things in trading.

gembirdprivate

jr. member

Activity: 196

Merit: 1

You should never trust the media, I think so. Now there are no neutral sources of information, all corrupt

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

Quote from: zhekinsp on March 03, 2018, 07:58:06 AM

Quote from: Moiyah on March 03, 2018, 07:23:51 AM

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.

Yeah you are right media also plays a big role in the crypto currency prices when the media spreads negativity about the cryptos the price will dump if they spread positive news the price bump because this is also a play by big whales so if you are smart enough understand that situation and make use of it.

The media will always have a strong influence on cryptocurrency as it creates panic in the minds of the people. For me, I don't rely on the media to tell me what to do as I always read the market myself to see what is happening before I take any action. I only buy when the market is bullish and sell once the market is bearish.

Topic: The Best Time To Exit Trading - page 7. (Read 24693 times)