The best time to take profit in Trading - page 2.

gurang

jr. member

Activity: 350

Merit: 2

Quote from: deonyx on June 04, 2018, 10:04:47 AM

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 when you are ready should i say is if you have a knowledge, believe on yourself and trusting on what you can do, and of course before you start yo need to know if you can handle it wisely to overcome it without regret

thichtieuthuong

full member

Activity: 310

Merit: 101

Quote from: deonyx on June 04, 2018, 10:04:47 AM

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 each person's investment and trade will not be the same. With some of the market's downswing they will go to consolidate and surf and profit through the percentage difference and it appears to be more profitable than long-term investment. But there are some who only invest when the market is stable and profitable when it is at a good level of investment. The best way is to decide the best time to make a profit.

Thuyent

jr. member

Activity: 280

Merit: 1

When im daytrading i alwais sell when price is going up. Even when im on loss. I w8 for rebounce to sell there. I mostly dont look at AT indicators like it is written in book. I mean than "if rsi is bla bla bla than buy". Becouse rsi can be oversold for weeks during bear market and overbought for weeks in bear market. When im using indicators i alwais only support on them. Main indicator is my expirience.

When im trading in longer term i buy coins when i come to the market and my first impression is "wtf is that so cheap" and sell when i think im on the moon. I dont w8 for it to rotate back to earth. Even if it is trip to mars not moon. There will be more and more opportunity to earn. Only 1 out of 10 will be to Mars.

I also invest longterm into bitcoin - i dont need to look at chart or prices. I only read whats in news about bitcoin and other currencies. If its ok i w8 for "mars" Smiley

nadezda@

member

Activity: 392

Merit: 28

I got a lot of coins with bounty, now I follow the coins in coinmarketcap, and when the coin growth exceeds 50-80% per day, I try to sell. Followed by a rollback of the price of the coin and I can re-buy.

srcnckr

full member

Activity: 244

Merit: 100

io.ezystayz.com

The good time to take profit in the transaction is before the big event and good news about the coin. At the start of the big event the coins fell and this is the experience that I have used for a long time entering the cryptocurrency market.

mega

hero member

Activity: 812

Merit: 500

There is no perfect time to take profit in trading but technical skills and expertise will take you profit trading.The rational decision is buy in low and sell in high and dont panic sell,Patience is needed to gain maximum profit and be active to find best moment where maximize the profit.

Aion2n

hero member

Activity: 700

Merit: 503

In solving these issues, technical analysis and the use of trade indicators will greatly help. Thanks to this knowledge, you will be able to calculate points of purchase and sale. Before bidding, you need to have a plan. You should know at what price you will buy and sell (given that the coin may fall in price - the stop-loss, and what can grow in price - take profit). And don't need to hope that the coin is now beginning to grow rapidly, so you need to sell when the price has reached the previously indicated yourself mark.

Perrigeni

member

Activity: 182

Merit: 10

Crypto Depository Receipts

it is better to trade in day. Strong days for trade it is Monday and Thursday. In other days the market stable without strong volatility Cool

Alexbenua97

full member

Activity: 420

Merit: 100

Yes, with such ups and downs, it's time to trade. The main thing is to do it correctly, otherwise you can lose everything. Trading is such a thing.

gandalfar

full member

Activity: 245

Merit: 100

I have been studying for a long time and I see that when Bitcoin tends to rise for several days it must return to its original value. This will be difficult for you to orient when you should profit.

Darz299

newbie

Activity: 140

Merit: 0

everyone has a way to trade each of them. Daily trading is very fast, but it must be with a strategy that really counts. However, in the condition of bitcoin will go down like this is a good time to hold bitcoin until the market price rises again and then sell it for profit.

reda

sr. member

Activity: 910

Merit: 260

Trading is good ideas. But trading is not easy to use. So you know the trading information and rules and regulations follow it. Then easy to handle the trading, But times important of the trading. So time to complete the trading process. Trading is good profit investment. If you understand that. So check the marketplace coin list and price list. If the price is down then invested. Trading is most of the connected. So people easy to share the information.

kickdapa

full member

Activity: 627

Merit: 103

To take profits from trading, the trader should be very active and updated! Sometimes, people run with the hype, whatever goes to price, People, try to buy trending coin. If you are an active trader then you may catch that coin early, if you late then don't buy! Because most of the hype coins dumped too much! A trader needs to check new update, coin listing or any new update from different coins. There is some telegram channel about update news of crypto! This types of update help to make profits from trade. Your opinion is also good, I just wanted to add some experience of mine.

AbyssLagiaz

jr. member

Activity: 185

Merit: 3

Learn your ground. Where did you start and do you see how would you hit the ceiling? Try to envision that while trading and I think you will go somewhere. Best time is too much of an exaggerated word when it comes to profit because it is sometimes subjective to sell your coins and no one would tell you to sell now or sell in the next day.

Farma

legendary

Activity: 2492

Merit: 1001

Leading Crypto Sports Betting & Casino Platform

Quote from: valnd on September 22, 2018, 01:53:07 PM

There is no formula or best time to take profit, you should take profit when you are satisfied with your gain, For me when ever i am making gain, I always put a stop lost and adjust them as the profit goes up or I will take profit at down trend.

well, we cannot predict market prices, so profits in terms of trading still sell higher than the price of origin. Well, hearing that is quite easy, but in it there are so many strategies, and of course it also requires great patience.

Adrin

member

Activity: 294

Merit: 10

If you want to take profit in cryptocurrency so you must calculate your profit when is a perfect time for close your trade. if you buy some coin and after some days later if you see the coin price is growing and you also make a some profit I think that was very perfect time to take profit in your trading. You must open trade with stop lose and when your trade will be close you can get a profit.

coinhunt

newbie

Activity: 138

Merit: 0

There will never be "the best" time for trading or buying. But it’s quite possible to choose "appropriate" one. Still, I wouldn't rely on it too much. Cryptos are extremely volatile, especially bitcoin. And that's why experts suggest to choose a trading strategy and stick to it. No matter what happens on the market you'll always know what to do if you have a strategy. And that’s what I do. I hold a part of my coins on exchange for trading (using cex (https://cex.io/) for this purpose), the rest is stored on my hardware wallet.

Affilate User

sr. member

Activity: 588

Merit: 250

maybe the right time to enter and take advantage of the traiding that you do is when the price has become very expensive and the coin is very difficult to obtain then it will make the price become very expensive and make you able to get very much profit if you sell and do withdrawal of profits when such time.

IriskaLate

jr. member

Activity: 364

Merit: 1

There are many tactics of doing business-I deduce 30% of the profits and I have enough to increase my potential. Of course, I make a reserve for losses and still my balance is slowly growing. You can make more profit, but I do not want to take too much risk.

sawree6

newbie

Activity: 25

Merit: 0

Ok, let's imagine that everyone gets huge profits and make money hand over glove. But is it possible for everybody to succeed? I think that it’s normal to cut loses sometimes, especially for newbies. Moreover, what if someone’s way of learning lies through mistakes?

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