The best time to take profit in Trading

[vishudda]

It looks fun until we get into loses, then we understand how to make it better. You need to be very smart and active than others in order to get good profits, you need to be different than others who don't show their moves in trading. If you follow the normal indicators, which helps others to follow your moves which makes them understand what you are going to do in your next move. so it is better to follow yourself and understand the market to get better profits.

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[Casmania]

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, the best time to take profit in trading is to keep monitoring the trading activity of the platform where you are buying and selling cryptocurrencies. You've got to monitor the buy orders section and calculate if you have profited or not, or you can set something lower than the bids you see so that you will be the first in line to profit when a buyer agrees with the price and number of tokens he or she wants to buy. Just my two satoshis.

To determine the exact profit that we'll be earning, monitoring is good and I would like to suggest that you should put a sell order setting with a price that you've wanted for your token to be sold. That will make your trading job much more easier rather than monitoring the trading site from time to time. I guess that's a hassle part to do, specially we're having such busy days.

[captaincomet]

 ICT said that there are no wrong ways to take profit.  When everyone on twitter are screaming "Moon" it's a good time to sell a coin, usually.

[Topaz72]

Buy now cryptocurrency can only a person who does not understand the market at all. Or someone who has some inside information. Now the market is red and it will not start to rise soon.

In my opinion, the best time to take and earn profit in trading is the time when the market prices are high than the initial prices of your portfolio.

Such time gives you some good return and you are well off in the end selling in boom. Long term investment often pays off and gives some good money in the end. A Whale or Shark in the market will quest for the profit maximization and really knows the time to maximize the profit.

Yeah as a trader we should know how to recognize the right time to selling and buying for trading as making profit from trading is not a big deal, if you will buy at the low price then will be profit worthy to hold for long term than selling early, now is time to buy more and more than trading with your own available coins so better if you keep on holding, selling now is not advisable.

[samputin]

It is pretty obvious that to earn a profit in trading is the time when the altcoin is red, this is the best time to buy but we need to choose the best coin instead we lose. Only we need is to wait the pumping of price even the time to wait is too long because there is a right time to earn good profit.

[enawati]

Actually this is hard to predict which price will be become resistance and the price will turn in to bearish, because many crypto possible to going up multiple times if the fundamental strong. So for the better when we are in profit sell it by partly. Dont be greedy when take profit and lock some profit in to fiat is best strategy to avoid loss when the market crash.

[sclmte]

Actually this is hard to predict which price will be become resistance and the price will turn in to bearish, because many crypto possible to going up multiple times if the fundamental strong. So for the better when we are in profit sell it by partly. Dont be greedy when take profit and lock some profit in to fiat is best strategy to avoid loss when the market crash.

Isn't sound greedy actually, people will looking for good and get satisfied but if they don't have such word satisfaction then, we can say he/she is greedy though. Market turns into red and people will take the opportunity of buying more coins. But we should be cautious in buying cause we don't have any assurance that it will pump together with the others.

[Clark05]

Because the market now are decreasing and bitcoin and even altcoins down you can buy more coins now because the price is more cheaper and if the price will grow again you can gain more profit. The income now in trading is decreasing too but once the price increase you can get more money.

[breathlessz]

Because the market now are decreasing and bitcoin and even altcoins down you can buy more coins now because the price is more cheaper and if the price will grow again you can gain more profit. The income now in trading is decreasing too but once the price increase you can get more money.

indeed if viewed at this time, we should buy coins or altcoins. and sell them later when prices have gone up, maybe around the end of this year. at the moment the price is decreasing and still cheap

[Nguyen Le Thuong]

This is the main reason for many people lost their money. They always want to earn as much as possible. So If you are day trading, you have to have knowledge about trading and how to read chart.

[Poortorich2018]

On this situation, the Value of bitcoins is so low comper to the other months, not good to trade, The best time to take profit trading are, when the  value of bitcoins will blows up then it is time to trade and to sell all your altcoins. whatever you invest. if you wanted to earn more money, think before you move and before decide to do. from now the value of the coins is like an air sometime you will feel will pass you by in your from sometimes in your back. do we really want to earn more money, we need to study and observe more about this profit.

[suraza21]

The best time to make a profit in trading is when you have the most satisfaction when the value of them is the maximum at the time of trading you can close the transaction as they will give you the maximum value Best

[anume123]

I think this is the time for making a profit in trading because of the bitcoin price drops
 and in other altcoins so I think it's good to buy today a lot of bitcoin prices and try it for a long time maybe 4 to 7 months for sure you'll get big besides what you think.

[supermine]

Actually this is hard to predict which price will be become resistance and the price will turn in to bearish, because many crypto possible to going up multiple times if the fundamental strong. So for the better when we are in profit sell it by partly. Dont be greedy when take profit and lock some profit in to fiat is best strategy to avoid loss when the market crash.

Isn't sound greedy actually, people will looking for good and get satisfied but if they don't have such word satisfaction then, we can say he/she is greedy though. Market turns into red and people will take the opportunity of buying more coins. But we should be cautious in buying cause we don't have any assurance that it will pump together with the others.

Basically people will never get contented with what they have so they will look for the more return always that is why we term it as greedy,to avoid these kind of situation better keep a target level for your investment once it reaches that value then we can sell it and until that we need to hold our coins.Most of the coins will never recover from the fall other than potential coins so keep on holding only your coin is like bitcoin or sell them for the small loss and invest that into bitcoin.

[billknight]

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.

Can not know the exact time to take profit in trading. It's your decision; if you feel that the penny you own cannot continue to grow in the next few days, then you can sell to take profit

[binhbaamboo]

have no exactly time when to trade, you have to follow news, events daily and study technical tools RSI, Bollinger bands...to sell and buy to get profit, and one more impotant note you need to know NOW market are uptrend, downtrend or sideway to target profit ( 1%, 5% ...)

[Faxmate]

Because the market now are decreasing and bitcoin and even altcoins down you can buy more coins now because the price is more cheaper and if the price will grow again you can gain more profit. The income now in trading is decreasing too but once the price increase you can get more money.

indeed if viewed at this time, we should buy coins or altcoins. and sell them later when prices have gone up, maybe around the end of this year. at the moment the price is decreasing and still cheap

Yeah it is good to hold coin because selling will be good for high price, don’t sell now as price now a day is rising more and more high, so now is cheap in price so we should hold our coin and don’t forget to sell, price only decreases with panic selling, so if people are holding price will be on high, I think not a day price will be highest till the end of year.

[hoavantathan]

For daily traders, the first thing they must has is the vision. They must see and predict the market. Choose right time to buy and sell.

[Daimon88]

Actually this is hard to predict which price will be become resistance and the price will turn in to bearish, because many crypto possible to going up multiple times if the fundamental strong. So for the better when we are in profit sell it by partly. Dont be greedy when take profit and lock some profit in to fiat is best strategy to avoid loss when the market crash.

Isn't sound greedy actually, people will looking for good and get satisfied but if they don't have such word satisfaction then, we can say he/she is greedy though. Market turns into red and people will take the opportunity of buying more coins. But we should be cautious in buying cause we don't have any assurance that it will pump together with the others.

Yeah there is nothing about greed in making more and more money from crypto trading. It is trading and all the investors want to make handsome money from their investment. The prices are good for investment these days and I am sure in the near future the prices will grow again and will cover all deficits and will give good profits for new investors.

[knightmairesaint]

have no exactly time when to trade, you have to follow news, events daily and study technical tools RSI, Bollinger bands...to sell and buy to get profit, and one more impotant note you need to know NOW market are uptrend, downtrend or sideway to target profit ( 1%, 5% ...)

For me, knowing how to read the market chart is as important as knowing when it is dump or pump. When it comes to trading, it is very important to sell high and buy low to ensure profit but it is hard when you are already. Dealing and watching the fluctuations and it is very stressful when you see that the coins you are trying to sell are going down most of the time. There is no best time to trade because no one knows when is the "best time" really. We traders always make speculations and assumptions of a good price for us to sell our coins.