How to know when to sell?

[ngacengan]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

a way to know when it's time to sell the coins you have when you've earned a profit and when the coin you hold has a decrease in buyers and volume. do not let you get stuck with a very expensive price.

[Gladiator25]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Knowing when to sell and when to hold is very confusing. Because cryptocurrenciee is in supply  and demand basis. Which means it doesn't have a stable price, it depends on the people who buy and sell their crypto. So i suggest to you that always look on the chart, on how it flows and works. Just remember the saying buy or hold when the price is low, sell when the price is high.

[Saichoukyushin]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Knowing when to sell and when to hold is very confusing. Because cryptocurrenciee is in supply  and demand basis. Which means it doesn't have a stable price, it depends on the people who buy and sell their crypto. So i suggest to you that always look on the chart, on how it flows and works. Just remember the saying buy or hold when the price is low, sell when the price is high.

First it is not confusing if you have a good knowledge and good decisions. Selling is also a will if you are willing to sell at that price its your desire but if not that means you are aiming for more somehow called greediness in good or bad coin. It really requires you to know specifically the information about a coin that you invested in before deciding when to sell.

[white.raiden]

In trading, i always use the support and resistance strategy to spot a reversal in trend - if on a bullish movement, the market happens to get a resistance at a range, and does not exceed that range but rather decides to take a bearish turn. There, is where i spot a reversal and tend to sell.
Hold - I tend to hold whenever the market is against me, which result to me being at a loss.

[worldtraveller321]

i wait till it stays green for some time. then looking at the market graphs, trade or sell out before the peak or at least when I guess
or even when it just goes red and down slightly, as long it is higher then what I bought in. many ways to do it

[Dapper]

I'm happy with $400-800 profit per coin, so anytime it's that much above my previous buy point, I pull the trigger.     Same for when I buy back in, $400-800 below, but if it's a long slide type of day, I'll wait a little more.   But sell wise, I typically don't hesitate.   

[GavenJack]

need to sell together. the market does not tolerate individual farmers. we can draw an analogy with a flock of birds. you should stay together, otherwise, no how

[Kunlejoe0]

I would rather have you not bothering yourself with technicalities and all. You have a lifetime for you to learn. The basic thing you need right now is to set a target price for you to exit your investment and when it reach that price you sell.

[rejin29x]

We should know what news for coin we want to trade. But sometimes we don't know at all. The rule is don't be greedy to get high profits, sometimes we for greed and forgot that the coin can go down very fast. We should know when to sell and get out from the wave. That's what I thought. Correct me if I am wrong.

[_noname_]

Alright you want to how to do trading.?
So there is simple rule of doing trading with bitcoin that is buy low and sell high. Its not necessary that when price is high then you need to sell and when price is low then you need to buy. But you need to judge your own trading routine that when you have bought bitcoin. So according to your price you have to decide when you have to sell i mean when price is increased from the price at which you have bought then you need to sell.

[s.mahmood]

It's defend on you.You have to gain more basic knowledge about bitcoin market. No one can says hundredly when you sell or tread.But if you follow since one year market condition you must know when you sell.  

[otunayode]

The market is always saying something as  regards your trading. You only need to be aware of it and be observant! I believe every trader has that psychology price where sell instinct in you is triggered. The mist important thing is you know what you are doing while trading and you should be fine!

[charlotte04]

I would rather have you not bothering yourself with technicalities and all. You have a lifetime for you to learn. The basic thing you need right now is to set a target price for you to exit your investment and when it reach that price you sell.

I don't bet that it will go the way he wants, but sometimes you just have to guard your trades and do not take your eyes on the screen. Crypto is very volatile now.

[Congyang]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

you can base on the market and the development of coins every day, because the market can show how confident you have to sell and hold. you can sell a coin when the price has undergone a significant upward movement and you can withstand when prices rise but are slow.

[kamote291993]

No one can give you the exact answer. It depends on what your coins are. I think that researching coins carefully before buying and following the market frequently is the best way to know when to sell or when to hold.

[michellee]

No one can give you the exact answer. It depends on what your coins are. I think that researching coins carefully before buying and following the market frequently is the best way to know when to sell or when to hold.

only we that will know when to sell because we know how much the price we buy and if the price increases more than 30%, then I think it is time to sell our coins and wait for a while if there are any down for the price so we can buy again the coin. but if we want to hold for a long time, for example, we don't have to sell when the price is increased 30% and it is better to be calm and hope that the price will still continue in the long-term.

[malah]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

the basis of trading is to buy when the price drops and then sell it back when the price is high or when you already get a profit, which needs to be done before trading is learn the movement of the coin will be profitable or not

[royale143]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

I would say that there is actually no "standard" or "right" time to sell your coins. It would depend on so many different factors that would co-relate with profit mostly. For example, even if most coins are decreasing in value, if you got your coins for a value lower, and selling them now would still amount to a profit, that is, in consideration, a good time to sell. It can help you decrease your loses and still get some profit from them. However, if the capital you have used is equal or even higher than its prevailing market value, then it would be a really bad move to sell because you won't get any return from the long time you have held onto them. Other people like to just swallow the loss, especially if it is not that much, if the move is to buy other coins to be traded or used as an investment that have higher chances of increasing their value compared to what they have on their portfolio.

[sgenuine]

Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Knowing when to sell and when to hold is very confusing. Because cryptocurrenciee is in supply  and demand basis. Which means it doesn't have a stable price, it depends on the people who buy and sell their crypto. So i suggest to you that always look on the chart, on how it flows and works. Just remember the saying buy or hold when the price is low, sell when the price is high.

When you see that the coin you invested into is at least 40% higher in its price that it used to be, you can fix your income.

[clarkt]

Knowing when to sell is equally as important to knowing when to buy.  As the saying goes,  nobody can time the market but one can make intelligent guesses an speculations.  The best time to say Is when your asset h as reached your targeted price.