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Author Topic: The best time to take profit in Trading  (Read 3772 times)
Jupeter
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September 19, 2018, 12:45:06 PM
 #581

I always buy altcoin's in trading and taking a profit when the price is dropping and start to buy them at a low price and start hold them wait until increase its price.
There is no doubt that the best time to make a lot of profit in trading is when the market became green just like what happen last december 2017 all the coins i hold pump very high there value that's why i became very profitable.

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September 19, 2018, 01:14:54 PM
 #582

In my opinion, the way to make profits in trading is too easy, but of course we have enough funds to trade and enough knowledge. You only hold it at the beginning of the year, you will get the best profit if you continue until the end of the year.

Too easy? If it is really too easy then there will be no one facing difficulties on how to make money from this crypto world. It is not easy as you said, taking profit can be scheduled in a manner of time like what you say. Beginning of the year and sell by the end of the year because there is no guarantee that you will always make profit by the end of the year as the price can be cheaper than when you bought it in the beginning of the year.

I think the moment you reach your goal is the best. However it also depends on the situation of the market. So I think whenever there is a profit you can sell it off, then you can buy it when it's cheaper.

I agree with this one, we should have a goal on what we are doing. Once we reach the goal means we are satisfied enough with the outcome, of course we may change the goal anytime depends on the market situation but the goal should be reasonable enough. Dont set the goal too high or too low.

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xitrum
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September 19, 2018, 01:44:07 PM
 #583

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 basic principle in trading day, only buy when the market goes down and sell when the market goes, in case prices continue to break so you should buy and exit quickly. The best time to trade is when you reach your trading goal

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September 19, 2018, 02:18:15 PM
 #584

I think the best and most correct time to take advantage is that you have to be able to see the position you bought the coin, if you can buy coins at the right time when the price collapses then you can take advantage when the price rises again.
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September 19, 2018, 02:25:02 PM
 #585

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.

For me, I would say that one should not be conservative just like before. Long term investments these days are not as gainful as it was before because the market is changing so quickly, and often times, on a downward state that it would be so hard to trust that even if you wait a long period of time that your investments would bloom and be a good one. So, for more seasoned investors and traders these days, they try to choose coins that show good movement that they can cash out on short notice. At least, even if the profit is small, what's important is having one than not at all.

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September 20, 2018, 04:45:07 AM
 #586

I think that you need to sell when the price is high. for this, it is necessary to wait for the favorable price sometimes. I think that the trading activity is the best among other types because it is really profitable

buying low prices and reselling them at high prices is the principle of trading to make a profit, but you don't know how to wait until when prices will rise, because waiting is a kind of passive trade in my opinion
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September 20, 2018, 05:16:15 AM
 #587

It's always the moment when everyone get overconfident and the hype gets insane. The moment where you'd be least likely to drop your bags.
As smart people say - do the opposite of the market.

Interesting position. For me, the best moment to make any profit is to manage to catch the right time of selling your cryptocurrencies. If you do it, you are a winner.
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September 20, 2018, 05:38:46 AM
 #588

in my opinion, the best time to take profit in trading is when the coin price rises and the market becomes green so it will certainly make us gain profit and we can sell it
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September 20, 2018, 06:06:38 AM
 #589

The best time to take profit through trading is when the market price starts increasing, we need to keep track of our investment at what price we bought the coins. So always try to compare your investment and the price of the coin, if you don't compare it, you will not make much profit on your investment.
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September 20, 2018, 06:11:07 AM
 #590

If I can make 10% on a trade I take that 10% profit out if it goes up another 10% I take another 40% out then if it goes up anymore I take out more and more depending on what I think the market will do they key is to not be greedy and take profits when you have profits because they can be gone in the blink of an eye Smiley

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September 20, 2018, 06:45:13 AM
 #591

now is the best time to start trading because all coins are currently low. if traders apply a low buying strategy and sell high now is the right moment because in the future the price will return high and get profit.
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September 20, 2018, 06:52:05 AM
 #592

if you are a trader with large capital, I think this can be used to get profit by buying at low prices and selling at high prices in the foreseeable future, this is because the potential for coins this year may be high at the end of the year.
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September 22, 2018, 06:41:13 AM
 #593

In my opinion, the way to make profits in trading is too easy, but of course we have enough funds to trade and enough knowledge. You only hold it at the beginning of the year, you will get the best profit if you continue until the end of the year.
I think taking profit in trading is not interlinked with the start or the end of the year. It is rather a function of the cost of the investment and the rise in the market values of the coins.

The cost of investment is negatively related to the future profit in an investment. The lower the cost of investment, the higher the future profit and vice versa. Moreover, a long term investment pays off only when its worth has raised in the long term. This is important to understand in taking profit in the crypto.
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September 22, 2018, 12:56:56 PM
 #594

I think the best time to buy is when the market is down and the best time to sell when the market is up.
Yes your answer very nice.I think trading is very risk.Many time we seen that coin price 1k% increase.you looks coinmarketcap all altcoin down.So its best time altcoin buy and market increase in best time sell.I think if you some altcoin buy and some month hold.You will get of huge money.

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September 22, 2018, 02:24:42 PM
 #595

Yes, youre absolutely right. And avoid emotional hype.
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September 22, 2018, 06:26:10 PM
 #596

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.
Yes, I agree with you. This is high time to buy coin and wait for some days. Bitcoin, Ether going up again today. Ether up about 16% pump and Bitcoin aroun 4 to 6% pump. Hope it will continue and the other altcoin must be pump if the Btc and Eth are still pumping. The crypto market is green now. I am also trying to buy some altcoin now.
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September 22, 2018, 06:53:07 PM
 #597

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.
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September 24, 2018, 10:21:48 AM
 #598

Definitely it's actual, it's better time in exchanging particularly when you are fruitful. Exchanging settles on your choice more adaptable and overwhelming in light of the fact that you need to choose shrewdly or else you will misfortune enormous benefit. Making benefit in exchanging is too simple yet make certain you have enough assets to exchange, enough information and beyond any doubt choice without any second thoughts.
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September 25, 2018, 05:44:13 AM
 #599

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 it's important for traders to look beyond simply making money by trading.  A bunch of traders trading against each other without practical use of the currency, simply turns it into a game.  Integrate it into your life as well, send friends money borrowed with crypto (and teach them what to do with the coins), give crypto for presents, seek out shops that accept crypto, buy gift cards (legit) of people who don't need them and want some coins, less popular gift cards like spas and gyms and specialty stores, can be heavily discounted. This way the actual coin is moving around, and making a difference.   
Whenever you see the price is going up then you have to be alert because the price can go higher and higher in value so you have to wait in that interval too. You can sell it for high profit when you see that value has reached at its highest point or gets stable there on higher point so that is our time to sell for huge profit or returns of your investment will be very good.
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September 25, 2018, 06:42:51 AM
 #600

I think the market at the moment is difficult, almost every day prices are always red, so it's hard to get profit, and I think the best thing that can be done is to sell immediately when we get 10% profit.

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