gunungkembar
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Activity: 545
Merit: 43
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July 19, 2018, 06:37:59 AM |
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I think a good time to get out of the exchange and avoid trading is when you are able to earn a lot of profits and when there is a sense of not needing too much money anymore.
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"You Asked For Change, We Gave You Coins" -- casascius
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newbie-hero
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July 22, 2018, 06:11:53 AM |
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You need to know when to enter a trade and when to exit. You need to know when to exit before you enter into any trade from the beginning. Entering a trade blindly is not professional. The charts would tell you when to exit trade if you know technical analysis very well
My position is different - I want to deal with the cryptocurrencies and not leave the market. I realize that I simply do not have enough time for a day trading. I am busy with my work. Thus, I am a holder.
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Cryptokarl
Newbie
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Activity: 154
Merit: 0
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July 22, 2018, 08:04:55 AM |
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This is a very helpful article. You must have targets when trading. Always have an exit strategy in every trade you enter. Make use of technical analysis to be able to analyse trades as to have this information handy
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MI6
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July 22, 2018, 08:54:27 AM |
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You need to know when to enter a trade and when to exit. You need to know when to exit before you enter into any trade from the beginning. Entering a trade blindly is not professional. The charts would tell you when to exit trade if you know technical analysis very well
My position is different - I want to deal with the cryptocurrencies and not leave the market. I realize that I simply do not have enough time for a day trading. I am busy with my work. Thus, I am a holder. main salary is good. you already did a good thing to focus on your main job. trading can be side job especially if you are type of holder. and it is not really need to think much if be a holder. not like day traders
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Painbird
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July 22, 2018, 10:46:50 AM |
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my opinion is when market going to down & lots of bad news efeect in market that's time you can exit your trading.we saw that starting of this year,many bad news efected in bitcoin price.once time bitcoin was 19k$ but now around of 7.4k$.so it is one of the best think for switch off your trading.
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abayan
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July 22, 2018, 11:00:33 AM |
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my opinion is when market going to down & lots of bad news efeect in market that's time you can exit your trading.we saw that starting of this year,many bad news efected in bitcoin price.once time bitcoin was 19k$ but now around of 7.4k$.so it is one of the best think for switch off your trading.
I hope many of us including the newbies who witness a massive dump from that peak and to its current value now. Its been drastically down much and a lesson to exit before a downfall must come. Another to consider is the risk versus reward sp don't be to much greedy.
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bitzizzix
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July 22, 2018, 01:53:01 PM |
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The best time to get out of the trade is after you reach your desired goals and targets, if you do not achieve anything to get out because you have not earned interest from trading and just wasted. everyone will do it and will come out after getting profits from the trade and the effort must have strong skills to achieve the desired target.
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beezunus
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July 22, 2018, 01:56:59 PM |
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I think we are trading to get the profit and if the price has gone up and we already get the profit we want then we can sell it and we must keep watching the movement of the coin, if it is not profitable then it is time we go out
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Meowth05
Sr. Member
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Merit: 267
★777Coin.com★ Fun BTC Casino!
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July 22, 2018, 02:06:55 PM |
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The best time to exit trading is that when you think that you have accomplish your goal. Make sure that you have enough savings. It is also better if you use your funds to establish a business so that you will have a passive income. Perhaps, you could also pass it to your family, friends, etc. And most important is, pass your trading strategies or techniques because it can serves as help for everyone.
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gerald246kru
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Activity: 294
Merit: 10
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July 22, 2018, 03:22:46 PM |
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Follow me to determine the best time to exit, first you need to determine you are short-term investment or long-term investment. Then you need to define your goals, do not follow crowd trends, wait in the market
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jsrenthourse
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Activity: 238
Merit: 10
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July 22, 2018, 03:26:44 PM |
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the right time to exit the market is when the market is running bull run then it is nt adviseable to invest in bitcin and cryptocurrencies at the pumping time
To easily get rid of the deal, you first have to set a target for the specific price, so when the altcoin reaches that price you will latch and do not expect higher prices. If you aspire for higher prices then the price will probably drop unexpectedly and you will continue to wait for the regret. These are the circumstances I often encounter. Yes, in my opinion he should not wait in the market. This market always has price adjustments. I'm also the person who encounters the bad case like you, waiting for the price increase but eventually get the risk in the transaction
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TitanGEL
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July 22, 2018, 03:55:31 PM |
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People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time. Here's how. We all know that media plays a big role in the dump value of some coins. Accdg. To this site (contains also tips on trading) BUY THE RUMOURS. SELL THE NEWS (not literally)When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT. News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump. Believe me, I did that and it really works. Prevents deficits and prevents loss of investment. By analyzing well the chart of the specific coin that we are trading, we can know when is the best time to exit or to enter in trading. We should have this skill for us to avoid loss and earn profit.
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giacatluong
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July 22, 2018, 03:57:27 PM |
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In worse cases, sometimes many investors are uneasy and sell out their coins even if the underlying indicators do not have any changes. Both situations can lead to loss and miss out on profit opportunities. Get rid of psychological factors and place oders to sell at the appropriate price. Investors should set a withdrawal point at the price limit .
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spadormie
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July 22, 2018, 04:07:08 PM |
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Great article that might boost everybody to trade good. Some people are just afraid in exiting because they believe that if they exit, the coin they are putting upon might go up. That's how it is.
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sultanali
Newbie
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Activity: 238
Merit: 0
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July 29, 2018, 05:40:30 PM |
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The bitcoin dominance rate and the market capitalization of the top coins in the market is the best way to judge the best time to exit trading when there are a lot of factors involved in the decision of the price of the coin then you should shift to long-term trading instead
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JessicaThomas58
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July 30, 2018, 06:21:58 AM |
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Social media plays an important role in getting this information and publishing it for everyone. If there are early signs of a firm's default on the media, it can help people reduce the risk of closing a business. Now there are also much social media uses bitcoin to reward those who read and share their information. For example, platforms based on Blockchains like Steemit, Synereo, and forthcoming Network intend to pay for information sharing. Big economies are getting noticed, and many of them have come up with new platforms with the idea of replacing popular social media sites like Facebook or Twitter.
Social media has brought many new attributes to the virtual currency industry, and this trend will continue to increase. Blockchain technology and digital currency also help many of the media innovate when tying them into online forums. Areas for online discussions have created the initial value for virtual currency, but it also enhances the overall environment. Over time, blockchain technology can also make social media work better.
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ladner
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Activity: 121
Merit: 10
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July 30, 2018, 09:12:13 AM |
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People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game. Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time. Here's how. We all know that media plays a big role in the dump value of some coins. Accdg. To this site (contains also tips on trading) BUY THE RUMOURS. SELL THE NEWS (not literally)When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT. News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump. Believe me, I did that and it really works. Prevents deficits and prevents loss of investment. I think the best time to get rid of that trades is to exit the market when prices are rising, you can see that the crypto market is fluctuating continuously and the moment the price is rising is the easiest time to exit, Then the transaction volume is high enough to make sure the profit. If you exit when the price starts to drop the risk will be very high because the price can fall very quickly lead to profits not as expected.
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onebtcforlife
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July 30, 2018, 09:27:22 AM |
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It is always good to exit from when the prices are increasing continuously which we cannot able to buy them with the money we have because when we buy them at the higher value we have to wait many days with no profit. So it is always good to buy them when they are very cheap in the market.
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LooBaao
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July 30, 2018, 01:09:31 PM |
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In my opinion, the x5 rises are that we should sell them, should not wait long, because the market is unpredictable so long-term but no purpose or no evaluation criteria. The project will obviously make you a loss
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rapsa2018
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Merit: 10
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July 30, 2018, 01:17:41 PM |
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Today's markets are still pretty good as I think you can just keep your money trading funds to avoid big losses in trading I think that's a big mistake when you get out of the trading field and then all the prices of commodities are rising.
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