Topic: The best time to take profit in Trading - page 19. (Read 3816 times)
If you want to know how to start cryptocurrency trading and if you know how to analyze cryptocurrency market so you can understand when is the best time to take profit in trading. I am also cryptocurrency trader and I am always analysis cryptocurrency market then which coin is perfect for me on this moment I am buying altcoin.
have no exactly time when to trade, you have to follow news, events daily and study technical tools RSI, Bollinger bands...to sell and buy to get profit, and one more impotant note you need to know NOW market are uptrend, downtrend or sideway to target profit ( 1%, 5% ...)
It is good for every one to follow the rules of market which is very helpful in getting profit in trading. Crypto market has so many cryptocurrencies which can not give you same results, it is only Bitcoin which is good and best for long term trading and can give you the best profit at once. Other currencies can make small profit after trying again and again and now it is the right time to buy Bitcoin because the price is affordable after collecting coins wait for the time of a sudden jump of Bitcoin then you can sell it for making huge profit.
Obviously I am doing it this way, by in the deepest pit and sell on the highest mountain. But if it would be so easy as it sounds, I will be rich as hell already.
I can say it's more than a half year ago. Right now? A BIG TRAP! You need to stay away from it and live a healthy life right away baby. Crypto is not stable now!
I agree on this that crypto is not stable right now. But don’t you think you are just seeing one side of coin? There are hundreds and thousands of stories of traders who haven’t anything with them. They got loan from someone and got in here. But then later on, they were like so much happy with this bitcoin and other crypto because these all coins helped them to enhance their living standards.
Perhaps the altcoin prices are about double that you can sell them very well for low value coins. But now waiting for the best price is unlikely, we can see that the market is always gloomy. The coins are always down.
the best time to make a profit is when you are able to make a profit and when the coin price you buy has gone up to more than 10% is enough, the point is that patience you need is very important and do not let you be affected with bad news that exists.
waiting for the price to increase with a high gap percent is indeed an advantage. but it is true what you say that there should be patience in waiting for the right price to be our hope. little profit will not bring us great results, but personally I think it's better to make a profit little by little. than when we just wait too long without any certainty in taking advantage.
What is the best time to take profit in trading? I invested in when BTC was priced 9K. So according to you, what time is it for me to take profit? 1 month, 2 months or 3 months the market will recover? This is hard to predict
The best time to take profit in trading is when you sell it at high price after buying it from lower price. For an instance, buying Bitcoin from 6300 usd and selling it at 6500 usd in which you will profit around 200 usd.
This is normal formula for earning money. Buy on low and sell on high is general. The important thing is the right time, when to buy and when to sell and for this you will have to observe keenly the market. When you know the market trend you will take the right decision on the right time, but searching the market is not easy because there are more than 2000 crypto in the market. 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 market itself will give you the signal to sell, if you employ technical analysis you will learn to see the signs that tell to you if it is OK to keep your trade going or if it is time to get your profits, the same indicators will tell to you when it is time to cut short your losses, unfortunately most people trade based on their feelings and do it without any consistency in their criteria to buy or sell. 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.
Because the market now are decreasing and bitcoin and even altcoins down you can buy more coins now because the price is more cheaper and if the price will grow again you can gain more profit. The income now in trading is decreasing too but once the price increase you can get more money.
indeed if viewed at this time, we should buy coins or altcoins. and sell them later when prices have gone up, maybe around the end of this year. at the moment the price is decreasing and still cheapCryptocurrency 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 this time you should not trade, the risk will be very high, the market is bearish in the long term, so to be able to trade successfully at this time is very difficult, bitcoin price will be able to drop sharply at any time and the price of altcoin will decrease accordingly. So if you want to trade at this time you should trade short and always have specific plans to reduce the risk. 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.
For current situation of crypto market i think the best way to make profit is from day trading and take profit between 10 % to 15% pertrade. Also important to lock some profit in fiat because all price of crypto unpredictable, so when the price down we can buy more in the bottom to recover loss.
right, to have profitable in trading just be active on seeking for the raising of tokens you've hold if it reaches your expectations, and also to have bigger profit well then just wait for a long term process and be hold for the return of high tide.and day trading have also good profit but it takes effort and time to watch always the value of your tokens.
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.
In my opinion, this time is not suitable for trading, you can see that bitcoin prices are continuously decreasing for many days, bitcoin and altcoin prices are constantly strong, the market is gradually falling into crisis and very difficult. can recover. So you trade at this time the risk will be very high you will be able to lose very heavily if the bitcoin price dropped sharply. 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.
For current situation of crypto market i think the best way to make profit is from day trading and take profit between 10 % to 15% pertrade. Also important to lock some profit in fiat because all price of crypto unpredictable, so when the price down we can buy more in the bottom to recover loss.
right, to have profitable in trading just be active on seeking for the raising of tokens you've hold if it reaches your expectations, and also to have bigger profit well then just wait for a long term process and be hold for the return of high tide.and day trading have also good profit but it takes effort and time to watch always the value of your tokens.
Traders following a particular strategy are likely to nominate their stop-loss and take-profit level at the same time as they enter the trade.
Actually this is hard to predict which price will be become resistance and the price will turn in to bearish, because many crypto possible to going up multiple times if the fundamental strong. So for the better when we are in profit sell it by partly. Dont be greedy when take profit and lock some profit in to fiat is best strategy to avoid loss when the market crash.
Isn't sound greedy actually, people will looking for good and get satisfied but if they don't have such word satisfaction then, we can say he/she is greedy though. Market turns into red and people will take the opportunity of buying more coins. But we should be cautious in buying cause we don't have any assurance that it will pump together with the others. The market is changing spontaneously and people are facing with confusion but they do not know the market is a system where you should know that the best buying time is a low market and the best selling market is a high market but the current time is not favorable for selling.
Obvious for me that the best time is when you feel that the pump is about to end and the prices highest that it could ever be, but usually this moment is really hard to catch.
Though we consider this time might be good to buy more but we should also think of its potentiality to move high when market back again. As we knew that a lot of coins have already becoming dead that's why we take some precautions before investing. Many have lost their money just because of these and hope it won't happen again especially for new investors. 
Because the market now are decreasing and bitcoin and even altcoins down you can buy more coins now because the price is more cheaper and if the price will grow again you can gain more profit. The income now in trading is decreasing too but once the price increase you can get more money.
indeed if viewed at this time, we should buy coins or altcoins. and sell them later when prices have gone up, maybe around the end of this year. at the moment the price is decreasing and still cheap
Before entering any trade, you should have your profit target in mind. You simply cannot stay in a trade forever, especially as a day trader.
That is called margin trading. You would love to do that in case if you know how to become happy with little or huge profit. Mostly those people never go for it who have greed in their mind. They want to get more and more. And in this scenario, they lose even single penny. However margin trading is so suitable and my favorite as well. You have target in your mind and as soon as that target achieved, just sell.the best time to make a profit is when you are able to make a profit and when the coin price you buy has gone up to more than 10% is enough, the point is that patience you need is very important and do not let you be affected with bad news that exists.
waiting for the price to increase with a high gap percent is indeed an advantage. but it is true what you say that there should be patience in waiting for the right price to be our hope. little profit will not bring us great results, but personally I think it's better to make a profit little by little. than when we just wait too long without any certainty in taking advantage.Jump to: