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Topic: The best time to take profit in Trading - page 13. (Read 3816 times)

member
Activity: 448
Merit: 89
Full Stack Engineer
There is no best time until you don't know the future. Using stop loss is best strategy, otherwise you can wake up as poor person one day Smiley
full member
Activity: 759
Merit: 105
Invest at the very low price,  the market is not too good for how many months but you can take it as a way to invest and get a chance to gain for more when bitcoin price rise again.
You are referring for a long-term trading but if you anyone can also try the day-trading even if the market is in bearish trend. OP did both and he knows exactly how to handle the situation in the market no matter what is the situation of the market.
member
Activity: 294
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think that this time is very suitable for you to start trading, you can see that bitcoin prices are constantly adjusting and rising slightly in the near future and prices of altcoin are starting to recover. Therefore, I believe that at this time you can rest assured altcoin trade, always have a specific plan to be able to reduce the risk and only short-term trading.
sr. member
Activity: 1071
Merit: 253
As i think is that if you want to get good profit earnings so you must buy when prces are low and hold then you can sell when price levels were go high by this you can gain a better chance to get good profit earnings in trading.
Of course it is best way of getting profit, price of bitcoin is not the same all time, so we can gt profit using buy low and selling high method, now a day price of bitcoin is not too high so now is the time to save some bitcoin, soon the price market of bitcoin will be at increasing because of high speculations and increasing number of investors, it is not the time for selling but it is the time to buy more and more coin because future of trading is pretty bright.
sr. member
Activity: 588
Merit: 251
HELENA
Invest at the very low price,  the market is not too good for how many months but you can take it as a way to invest and get a chance to gain for more when bitcoin price rise again.
member
Activity: 363
Merit: 10
Wait for the price, higher than the price you bought to sell it, but do not be too greedy, if you greed you will lose and regret, miss more opportunities.
In some cases we need greed. Previously I bought NEO for $ 23, but when NEO's price increased to $ 30 I sold NEO to make a profit. Now I just wish I could go back to the past and sell NEO when the price of NEO is $ 140
member
Activity: 350
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

The best time is when you set your own greed then stick with it. There are plenty of ways to maximize your profit well ofcourse this also comes with the cut loss tolerance. So this could be one of the good ways to get the discipline right.
This is a sincere advice of an investor who has had a long time in the cryptocurrency market and it is very esteemed. I believe that having a clear and determined investment plan is a secret that helps investors master all the worst situations that can happen.
sr. member
Activity: 574
Merit: 250
There is no best time - it is a game of odds, much like a casino, the only way to win is to have your winners be bigger than your losers and to have more winners.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

The best time is when you set your own greed then stick with it. There are plenty of ways to maximize your profit well ofcourse this also comes with the cut loss tolerance. So this could be one of the good ways to get the discipline right.
member
Activity: 322
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think that at this point you should stay out of the market, I see that there are not any potential coin you can buy at the moment. You can see that the prices of bitcoin and altcoin are going down dramatically, I think this time you should plan to buy bitcoin when prices show signs of recovery. The next milestone you can buy is bitcoin at $ 7000.
jr. member
Activity: 81
Merit: 1
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Of course, you need to fix a part of the profit, so that you can use it for your own pleasure. The main thing to do everything in reasonable side-altars. But I will keep profit in the crypto currency until it becomes massive for payments.
sr. member
Activity: 1193
Merit: 251
I think now best time to invest in cryptocurrency from fiat, because price low and it's good chance to get profit if cryptocurrency go up
newbie
Activity: 112
Merit: 0
Wait for the price, higher than the price you bought to sell it, but do not be too greedy, if you greed you will lose and regret, miss more opportunities.
member
Activity: 199
Merit: 10
Probably the best time for taking your profit would be when you feel that it is the time to quit, is something similar with the gambling games, when you need to feel when it's time to stop. And it is enough.
newbie
Activity: 3
Merit: 0
when the market is green
hero member
Activity: 840
Merit: 502
With my experience, I think rigth now is the best time to take advantage by buying many bitcoin and Etherium as possible.
Because, the price is very low. and wait more and more time untill the price go to the moon.
Patience, and keep watching. Be long day trading!

The the rigth moment, next few week or next few month, that the best time you'll ge the huge profit.

Note : You can analyze alt coin under $1 and how that project. you can buy some, and keep them from long time. like i do.

This is not true one of the first things you learn in a book about trading is that not all markets are subject to technical analysis and the reason is that if a market has a very small market cap and no liquidity this increases the chances for manipulation and for the price to change in ways that is impossible to predict, so if you are going to use technical analysis do it in coins with huge market caps and good liquidity like bitcoin and ethereum.
sr. member
Activity: 371
Merit: 250
You should follow the market and to be aware of all news to take the profit in trading. as for me, this is the best way to earn money. i am sure that profit gaining is not difficult if knowing the strategy

I think that it still too much early to get profit from bitcoin, specially if you are holding bitcoin for last few months, because still bitcoin price is trading low and but i think that now the time is near when bitcoin price will increase too much and will give us a good profit, because it is currently expected that bitcoin price will very soon cross 20000$.
member
Activity: 336
Merit: 10
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I did not think this was the right time for you to start trading, you can see that the bitcoin price is moving and the price of the altcoin is decreasing sharply in two days, so I think This point you should take profit and exit the bitcoin to be able to preserve the profit. I believe the price of bitcoin will continue to increase but the price of altcoin will be very strong.
member
Activity: 266
Merit: 10
You should follow the market and to be aware of all news to take the profit in trading. as for me, this is the best way to earn money. i am sure that profit gaining is not difficult if knowing the strategy
full member
Activity: 1638
Merit: 122
the best time to be able to get a profit in trading of course if the price goes up and you already get a profit then you can sell it and buy again when the price goes down so you will have a chance to get more profit when the price goes up again

Yes, it is obvious but you have to catch this time - understand that it is exactly the period when the tokens you hold hit the top. You need to have some experience and skills for it. Learn about the crypto more.

The the cryto market was so unpredictable, so I think It doesn't need more skill In orfer to get more profits. As long as you know how to read chart whatever altcoin did you Invest, Its till effective. And don't too much greedy, If you think you already gettung a profits. You may dump It quickly and buy again when Its drops Its value.


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The the cryto market was so unpredictable, so I think It doesn't need more skill In orfer to get more profits
that is the hardest part on cryptos , their price is so unpredictabe which means you  really need a skill in order to possibly timed your moves . you can missed the boat if you arent skillful enough because the market is always in a faced paced motion .

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As long as you know how to read chart whatever altcoin did you Invest, Its till effective.
reading charts isnt also an easy task , so skill is also needed in here .


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And don't too much greedy, If you think you already gettung a profits. You may dump It quickly and buy again when Its drops Its value.

dumping your coins too quickly is still a greedy move .  and being greedy is always bad because that can cause you too loose more than what you already earned .

overall , if you do not have a skill or experience in trading , make sure to practice first without real money involved  , so that you can be safe from being bankrupted .


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