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Topic: The best time to take profit in Trading - page 15. (Read 3816 times)

member
Activity: 308
Merit: 10
What? Take profit when the market is green? Huh?

If you're day trading, you buy low and sell high. Use RSI and Bollinger bands for day trading with a coin that has volume in an exchange.

Use fib. retracement or other charting TA for longer trades. It's that simple.
In trading Bitcoin we must have a goal so as not to be confused, because sometimes beginners, especially Bitcoiner Idealis often confused must collect Bitcoin or just pursue profit in selling Bitcoin. If you've decided to become a Bitcoin Trader then sorry you have to bury the soul of your Idealist Bitcoiner deeply.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
You shouldn't be greedy in the market don't expect to high profits because it is only for long term trading sell whenever you make some profit between 10-30% this will make you profitable because it is for short term trades.
newbie
Activity: 4
Merit: 0
The best time for profit taking is after successful trading Grin Grin Grin Grin
sr. member
Activity: 2660
Merit: 339
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.
Sometimes, out of greediness we end up losing what we have achieved so far. So my advise is that whenever you feel like you have gained much profit and you start having those feelings of whether to opt out or stay, it’s better you opt out then and hold your profit, cause if you don’t, the price may fall at anytime and you will end up losing even your gain and the money you have invested. The choice is all yours to make.
full member
Activity: 476
Merit: 100
Because greed is too powerful to be controlled in this type of market, some traders still expect a greater returns even if the coin they are holding are going to the moon already. Just remember that if there is a profit, take it because it's always the best time.
newbie
Activity: 28
Merit: 0
It all depends on the currency, for example it was obvious that Quarkchain will pump and dump, and so it did. Obviously nothing bad for the future of it.
member
Activity: 182
Merit: 43
Just Post Junk Posts
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.
full member
Activity: 392
Merit: 100
The number of coins in the crypto market is going up day by day. And all the cryptos in the exchange market, depending on the price of Bitcoin and Ether, the price goes up and down. Now the price of Ether and Bitcoin is relatively low. So you can start trading right now to get more profit. I think it's best time to trading in exchange market.


As a starter,  you must start to trade now that the price is still low.  Every investor whon invest now will get a huge profit when btc pricevand altcoin price started to pump.
full member
Activity: 602
Merit: 118
Crypto prices tend to fluctuate sometimes rise sometimes down and market price declines are a good time to cultivate profits so that tomorrow we can sell them at higher prices to benefit from price gap.
member
Activity: 812
Merit: 10
https://hovr.site/
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.
Best time is when market is highly green for a while after like maybe a month of red and other up and down movement and then there is green straight like two weeks then is a great time i think
newbie
Activity: 10
Merit: 0
It is important to remember not to get greedy in the cryptocurrency market and the reason for that is that  there is a very thin line between making a good profit and losing it all and the best time is when you see that the peak is less in increase with respect to the previous peak best to get out at that time.
hero member
Activity: 2968
Merit: 640
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.
Whenever you feel like it has reached the highest it can go for that moment or maybe when it reaches the target you set. There is no particular rate or percentage at which you can withdraw your profit cause we can’t predict the price of cryptocurrency.

So the best thing is to always set a target you need and when you hit that target you can withdraw some of your coins and leave the rest to see if there will be further increase in price. If there is not, then sell out.
jr. member
Activity: 153
Merit: 3
I think if you trade with time like if the time is good then you do trade and if the time is not good you should wait and hold and buy at low rate if you have analysis that it will grow soon so through this you can make profit in trading.
Once you see that the market price is more than your starting amount then proceeds for selling if you need quick money. On the other hand wait for some more time so that you may reach to highest possible price of market which will give maximum profit. So it is actually related to our sudden need or emergency as well which is the result of our poor management so we should take care of it.
hero member
Activity: 840
Merit: 502
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 you should not trade at this time, the market is very volatile, the price of bitcoin and altcoin is constantly decreasing and there are no signs of recovery, so to be able to trade Success is very difficult, the market is bearish in the long run so trade at this time the success rate is very low. You should wait for the market to stabilize so that you can start trading.
This question is asked many times. To find the best time for profitable trading you will have to give as much time as you can. When you observe the market every moment you will be able to take your holding or selling decisions on the right time and by this way you can make handsome profits from crypto trading. Work hard and no doubt you will make big money.

This is something many do not realize, they think they are just going to look at a chart for 5 minutes and make money, when in fact you can spend hours looking at several charts just to get a chance to make a trade, at the end the ability to wait for the right opportunity to appear in the market is what separates the good traders from the ones that will never make any money when they trade.
jr. member
Activity: 91
Merit: 1
I think if you trade with time like if the time is good then you do trade and if the time is not good you should wait and hold and buy at low rate if you have analysis that it will grow soon so through this you can make profit in trading.
Trading needs a lot of time. If you want to trade affectively and want to make money in short time then you will have to give as much time as you can. You can catch the perfect time when you set in front of your computer every time and when you see dip in the price buy them and when you realize raise in the price sell them. This is the perfect way of making money.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
Now is the time to buy and the end of the year is the time of sale. Because you see altcoin prices are now quite low for us to buy rather than sell out.
Yet people keep selling those coins because they are panicking with this red stuff flooded on the entire market.

The redbath numbers draws many traders to rush to the market to make an advantage about the dip. And earn big when market renounces up again. The biggest opportunity to earn huge profit is to participate trading at the dip
Yes, even though you already lose. But participating when the price is lower would be a good idea to recover your losses eventually. We don't know when the prices will come back to normal, this idea would be an alternative to trade rather than hold it forever.

newbie
Activity: 6
Merit: 0
I think Its more than that, you cant just follow a hunch, trade and be successful. I personally prefer learning about the platform, analysing the coin and using indicators. I am more of a believer of the logical ways of trading as there is no rule of thumb for trading other than buy low sell high.
full member
Activity: 420
Merit: 100
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 to take profit in trading is when the market prices are dumping because investing at this time will make you earn more profit because the prices are keep on decreasing.
hero member
Activity: 2366
Merit: 594
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 agree with you, selling during this dip or rather making any trading transactions is actually a risk. We might also have big losses if we'll just sell tgis early. I think that it is still best to hodl our earnings until the bull market comes back. We could obtain a maximized gain by having patience.
member
Activity: 154
Merit: 10
yes, quitting in the bear market is not a good choice. in bull trend, you can trade daily to get many small profit. But with falling down trend, the best way is holding in long term. Be patient with your coins and you can big amount of money
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