The best time to take profit in Trading

[yanto@1977]

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.

Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours.

[1714172281]

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[1714172281]

1714172281

[1714172281]

1714172281

[Nerman]

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.

Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours.

I agree you should always think before you click. Set up a plan, always set a target price and target loss. Always execute your plan.

This statement is what I like "Follow your rules and accept the result", I can not agree more. If you already sell and somehow the price still went up do not regret. You will not know the future so just take in your profit. Profit is profit.

[wayaneka]

Its hard to catch the best price when taking profit, so my opinion when we are in profit for the better sell the open potition by split that coin, first sell by profit 25% for example and other remaining sell by different profit. Even expert trader also can not predict well how highest the price will to go and in which price level will be turn in to reversal and bearish.

[syahril husen]

I am absolutely sure and I assert that investing is much better than trading. I may prove it easily. Look around there are much successful investors but less traders why so?! It is just because trading is incredible difficult activity with huge risks like a casino. Investing is a business so it is more clear. I consider that trading is an occupation just for professionals so when you trade you compete with professionals.

[baconlike]

Yeah it's true, it's more fun in trading  especially when you are successful. Trading makes your decision more flexible and dominant because you have to decide wisely or else you will loss big profit. Making profit in trading is too easy but be sure you have enough funds to trade, enough knowledge and sure decision with no regrets.

To do this, I think we have a goal to sell, and buy at a specific price. Do not be too greedy for high prices, we will not be able to escape the ring. swirling deals. So if you wait you will be lost in that time, and you will regret it in the future.

[cfif123]

certainly when the market price again want to pump the price of coins such as bitcoin and altcoin. because that's the way we can take advantage in trade even though the profit is not much

[margert]

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 point you should escape from the altcoin, the market is showing signs of slowing down and bitcoin prices are showing signs of a correction before it can increase in the coming time. Therefore, I believe that you should sell altcoin at this time in order to preserve the profit, and may buy bitcoin at a better price.

[fidelium1]

I will say it is really difficult to know the best time to take profit, but what I would always suggest is that you set a "not too high" target, once your target is reach, you take your profit and wait for another opportunity to trade.

[wantjokull]

Usually the best profit time is not fixed but as they say buy when red and sell when its green. I just follow this technique all the time while making trades. However I also make sure that if I am holding a coin which has potential to go 2x-10x of the current entry point then I will never hurry myself in that and will never let sell myself even if its usual green! I always consider that one as bad timing to follow such trades. So here comes the patience thing, you have to hold and keep holding until the time is (perfectly) right one. Never follow day trade as it is the most risky one and loss % is huge in that.

[untugede]

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.

it's nice to be possible for those who know how to trade crypto and they can get big profits, if I think we do not have to leave when we already get profit, we can take advantage of our profit alone, and must still leave our initial capital to be able to always do the trade and of course We are looking for more bigger profits, indeed for example we already get a profit and we are not satisfied with the benefits we get, in fact we will experience a price reduction that will make us so suffer a very big defeat.

[onecall123]

Actually a successful trader won't expose their secret strategies. Rather making any suggestion here I would like to offer develop your own strategy. The majority of people will call selling at high and taking profit.

[bitcad4u]

The best time to take profit in Trading is pump time.Since bitcoin is digital currency,it will fluctuate to both side.The two sides will be pump and dump.Naturally,to get huge profit,you have to use dump situation .In this situation,you can buy bitcoin at cheap price.Sell this coins at the pump in price.

[Kwadwogray]

the best time to make a profit withdrawal from the trading you do is when you are able to earn more than 50% then you can make a withdrawal of profit.

Really? What if you never hit the 50% profit mark? I believe in target setting and obeying your own rules. It is also important that you quit trading immediately you hit your target, even if it is 2% for the day. You don't know how quickly the next dip may come. And you may not have the patience to wait for market to recover.

[Finestream]

The best time to take profit in Trading is pump time.Since bitcoin is digital currency,it will fluctuate to both side.The two sides will be pump and dump.Naturally,to get huge profit,you have to use dump situation .In this situation,you can buy bitcoin at cheap price.Sell this coins at the pump in price.

Yes,we can really take advantage of the situation even when the market is in red or green.Just do the basic,buy low and sell high and you will never get wrong with this.Of course you have to choose a coin which has more potentials to grow in the coming months or even years so you can really make a big profit if ever you already decide to sell it in your most ideal price.

[hrzaree]

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.

[Cryptogenes]

Before trading on any platform,  there is the need to read more on the exchange on which you are trading.  Some exchanges indicates when the bids for the particular coin are getting low which means people are going reduce their ask prices which will result in a dump. These are points where one can take profits out of the trading.

[Shenzou]

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 agree, the cryptoucrrency market is quite unpredictable and it is hard for us traders to make the right decision when everything tell us otherwise,  mean the price could be going down and you should be buying or the price going up and you should be selling, many people have lost their money because they greed too hard when they see the price going up, so in this business if you need to be successful you need to set goals and stick to them.

[Bagaji]

Well, I don't believe in some of the indicators that tells when to take profit as recommended by some of my mate above because in most case I don't usually for those indicators provided I hit my profit percentage even if is 5 percent, which means I usually follow my money management policy.

[Biggapp]

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.

Before enter market you should set your stop loss and take profit area and do that if the price touch one of them. No doubt to not obey this rules, specially when you heard people opinion. Take focus to the chart, follow your rules and accept the result. Do that and profit will be yours.

I agree you should always think before you click. Set up a plan, always set a target price and target loss. Always execute your plan.

This statement is what I like "Follow your rules and accept the result", I can not agree more. If you already sell and somehow the price still went up do not regret. You will not know the future so just take in your profit. Profit is profit.

While trading with crypto currency you need to wait for favorable market which is favorable for sellers, in order to get profit after selling. We know that the current market is not favorable for sellers but favorable for buyers so we should think for buying more coins because we do not have to miss this opportunity because the market is low and will charge us less.

[SyrulRamadhan]

yes obviously everybody would be happy if it keeps getting profits in the trade but it requires a definite science on techniques graphical analysis aimed at knowing a good time to sell and buy. it's not just a matter of relying on luck and every trade is too gambling