The best time to take profit in Trading

[St4yInTh3D4rk]

for me short trading in a day is very difficult to get profites, i almost don't know the trends and often buy/sell wrong.
now i trade in long term, i select potentianl coins to buy  and then hold till my targets price.

The short term trading is like gambling it just based on the luck,so we never know how the trends will be there but in the long term the profits will be there if we pick the right coins.The day trading will not be suitable for most of the person because it needs more time effort so if you are not looking for short term earning then better be a long term holder.

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[Best Dreams]

Today is the best time to take the first step in order to earn in cryptocurrency. As we all know that market price lately has been drop and there is a huge dump on its market price. If only i had a huge saving on then i could invest it all in cryptocurrency. I have been investing in a smaller scale but so far i had some small profits and i am motivated to invest more on it but sad to say my salary earnings to my job is not that good to get a good investment.

You are going well no need to be afraid of lose just invest if you have money and I assure you that you will earn good profit from it, trading gives us profit but you should have good information and knowledge about trading such as buy at the lowest price and trade after it rise high, now is profit making time to buy at low and sell at high, I think 2018 ending will be profit worth ending of selling crypto currency, take deep breath and hold till the December 2108.

[jonatuzc]

Normally, I will always set a target whenever I’m about to invest. I start with how much do I want to invest, how much profit should I expect from that amount of investment and at what rate should I withdraw to cut loss and how much risk I’m ready to take.

If I happen to accomplish more than the target by the end of the year, then I’m very lucky. If I hit that particular target, still no problem,  and when I get below,  eehm… I still don’t worry cause I planned it before investing. But it will be best for you to hold till that year ends.

[thinknow11]

I think everybody is having his time to take profit and it cannot be the same because someone entry level is another person exit.

[tng811]

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 always take profit when the market is on the way up. My advice is not to be greedy and  not to wait until the market is going down, otherwise it might be too late.

[ordeath]

This is too hard for me, I have chosen for myself the simplest strategy ever existed comma I just get my bounty tokens, and sell them right away. This way I am not worried about prices, regulations, and all this s***.

[ausbit]

The best time to take profit is just when you have already reached your percent of profit, i just sell everytime that i got at leaest a two percent of my initial investment, at least

Well it sounds well that no need to sell it until you think it is best time for you to sell. Profit making has been done so many times in bitcoin, people use to buy at low t hold and then sell high to get the real profit from it. So I think it is not profit making time but we should hold more and more to have safe and high profit, bitcoin potential will be shown very soon but till then we will have to hold and never think about selling at this falling phase, try to buy more.

We go with different timings and we do so because market changes as factors are changing and our trading decisions also change in different times. Now do not enter in complications and simply follow the market rules and guiding principles so that you may be able to know the procedure of making profit in trading. The current status of the market tells you and encourages you to buy more coins so that you get huge profit in a high market.

[beerlover]

... there is not a fixed time for that.
I just sell all my coins that i bought for trading as soon as it reached a good profit, otherwise, why would i keep them?

None at all. The best thing is to find a way or strategy to know when you are getting out of the market. For most people, they get out when a trend is changing with a stop loss above the previous resistance, while for some, it is simply just to take at any best position possible they feel the market is in an oversold stage even if it goes further since it would correct after that anyway. One way is to just know what works best for you and stick with it.

The current status of the market tells you and encourages you to buy more coins so that you get huge profit in a high market.

Buying more is the suggestion, we can find every part of this forum and I am not sure how many of us are following that. When we are into the practice of buying on dips, I guess bitcoin might have not come down from $19,800 to $6300 levels.

[arthotdog]

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.

then when will you be getting the profit when red market?ofcourse in green moment this is the greatest harvesting time.

OPs advice is not new to all of traders because like mine were using this strategy but still thank you for this so aspiring traders might use this for their future journey in this riskiest part of cryptocurrency

[rickadone]

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?

The best time to take trading profit totally depends on your own strategy and when you feel it is a good enough time for you to take profit. The thing with taking of profit is that you cannot always have it 100% and the market will always be one step ahead which makes it impossible to time the market. However, with the use of indicators and TA, one can at least have a strategy to stick with so as to be able to make the best of the market as the case may be.

[asyakashi]

When there is a negative issue Bitcoin usually falls, and that's when it's time to buy.
purchase can be done, if Bitcoin dump up to 20% then it is the right time to buy bitcoin and altcoin.
hold a few weeks then bitcoin prices will slowly rise.

[strongwarrior238]

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 that at this very moment you are able to trade, you can see that today's bitcoin prices are going sideways and the market is having a lot of altcoin being very strong rebounds. So to be able to trade successfully and least risky, you should trade short term by day, there are many painful altcoin and you are planning right now.

[Aikidoka]

It is actually quite annoying when you have a plan and you want to do it right away without any subs. If you do not have a good capital to back you up, then you certainly be at a loss. When trading, it is quite obvious that you will lose today or tomorrow because success is not accurate as it is based on utter faith. That is what I do. I just believe in the coin that will bring me profit. I know it is risky, but I always win and lose, and then I am left with a small profit.

[rickadone]

i use to sell my coins when i have already achieved a good profit from my bought, that is the only way to make a succesfull trade while you really want to make a good scalping (but you need to be fast to be able to catch the profits)

The best time to start earning in trading is the time when the worth of your portfolio id more than the initial value of your coins. If you have invested in Bitcoin or ETH, you should hold or trade this portfolio for long run. If you have Litecoin, ripples etc then short run trading when the value of your portfolio rise high is actually the time to get benefit in trading.

The best time to earn or take profit in crypto is actually the time when the worth of your portfolio is more than the initial price of your portfolio. This means that you should only cash and trade your coins if the market looks good and you can earn the money goal you had set before actually starting the business. Once you find good margin of profit in your investment, you can go big in trading as well.

Sometimes though, the worth may end up far more than when you are leaving and that can leave you in an emotional state. I would say the best way to know how to leave the market is to learn how to trade.

You cannot get it better than that and that would help you to find a strategy, know how to read indicators to your benefit, combine it with some technical analysis, use price action to depict what could be the next possible movement in a market. Without that, you are just going to be gambling your position.

[developer101dev]

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 situation in the market today is very good for traders as well because the market price is decreasing and you can invest a huge amount today because the market prices will obviously increase after a few months since it was dropping very hard this month.

[Herressy]

i use to sell my coins when i have already achieved a good profit from my bought, that is the only way to make a succesfull trade while you really want to make a good scalping (but you need to be fast to be able to catch the profits)

The best time to start earning in trading is the time when the worth of your portfolio id more than the initial value of your coins. If you have invested in Bitcoin or ETH, you should hold or trade this portfolio for long run. If you have Litecoin, ripples etc then short run trading when the value of your portfolio rise high is actually the time to get benefit in trading.

The best time to earn or take profit in crypto is actually the time when the worth of your portfolio is more than the initial price of your portfolio. This means that you should only cash and trade your coins if the market looks good and you can earn the money goal you had set before actually starting the business. Once you find good margin of profit in your investment, you can go big in trading as well.

Sometimes though, the worth may end up far more than when you are leaving and that can leave you in an emotional state. I would say the best way to know how to leave the market is to learn how to trade.

You cannot get it better than that and that would help you to find a strategy, know how to read indicators to your benefit, combine it with some technical analysis, use price action to depict what could be the next possible movement in a market. Without that, you are just going to be gambling your position.

A good way of strategy on how you can be able to take profit we all know how hard it is but in ither way as long  as you like for what you do you can be able to be the good trader in the future.

[cryptogideon19]

Yeah in time to have guts on trading. Accept the fact that you will be win or loose. No doubt it's hard to play on what market will be sometimes you need to focus and need brake to all uptrends and downtrends. That's will you know if you want to go or not.

[kinzey]

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.

Im day trading for quite a while now but honestly it's hard to do it when you cant stick to your strategy. I try to play safe and keep my trading a certain percentage and close it to keep my self from getting greedy and ended up ruining everything. I keep track of basic indicators to know if it's overbought and oversold, so i have reference to know when to sell or not, check buy and sell depth amongst other things.

[rajeshmeena]

It depends on your goals and entry and exit points. If we talk about ether, it is good time to get entered and I am very confident that it will $2K by this year end. However, Crypto market now have become more mature and it not easy to get this milestone, but Ether is a very genuine product and working very well and growing steady.

[s.mahmood]

Best time to get profit from trading is when btc price is higer than your buying price.