The best time to take profit in Trading

[francesyrus]

Just always buy during the dip and and sell it when it pump again. For me the right time to exit when I trade is when I saw that I already have 5%-20% profit during a day trading. I think that is enough for one day of trading. I just always set how much profit I need for a given day.

[bungphe]

Take some profit at first area of resistance/support (it may not break though)
Take some profit just prior to a market open.
Take profit on unexpected quick unexpected spikes ( spikes are highly likely to retrace very quickly)
...

[katrimans]

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 you should not trade at this time, the market is very volatile, the price of bitcoin and altcoin is constantly decreasing and there are no signs of recovery, so to be able to trade Success is very difficult, the market is bearish in the long run so trade at this time the success rate is very low. You should wait for the market to stabilize so that you can start trading.

This question is asked many times. To find the best time for profitable trading you will have to give as much time as you can. When you observe the market every moment you will be able to take your holding or selling decisions on the right time and by this way you can make handsome profits from crypto trading. Work hard and no doubt you will make big money.

Do not consider it easy and it is easy too if you have its practical experience which will make you able go across the river to take your profit. Now if you are a trader with enough knowledge then do not decide to sell immediately after finding any little increase in value so do not look for less profits which will maintain the low market as well if we start selling in low market.

So look for high profit and do not sell in low market but hold and wait for the price to go higher which will give you maximum profit as well.

[mrproblem]

For instance today is best time for BTC but not for alts. You can sell what you have in BTC today around 8k if you bought them around 7k. Because there should be a correction before the end of the week and it will drop down at least 7,5k USD. This is my prediction about BTC/USD parity.

[Anait]

At the time of regular price fluctuations it is good to continue trading process. More observing will let us get the opportunity to buy at a lower price and sell high. Even if it continues going low once after we buy also no need to panic as the price will grow again in a short time period.

[Winnerschapel]

The best time to take profits is when you are sure you have made profits from your investment. If you are comfortable with the profits you have made, its time for you to take profits and not be greedy for more profits as you can lose all your capital being greedy in this market

[Dimon8]

Of course, the best time to make a profit in trading is the time of a steadily growing market. Just the moment when you chose coins growing with the market.

[hovrah]

The best time to take profits is when you are sure you have made profits from your investment. If you are comfortable with the profits you have made, its time for you to take profits and not be greedy for more profits as you can lose all your capital being greedy in this market

in any case, you determine the value of your capital. If the coin has a certain price, then you will still wait for the time when it reaches this goal. By the premiere, you can take investments in ico companies. After all, you will not sell coins below the value of the company's ico, and definitely will wait when the price increases.or can I say something wrong?

[sky4242]

You can understand through the platform index when the best time to gain profits on the trade. You must understand and understand the platform very well. You also have a lot of knowledge about trade. Then you get the best shome profit in the trade

[The_Dark_Knight]

There is no best time - it is a game of odds, much like a casino, the only way to win is to have your winners be bigger than your losers and to have more winners.

Trading is not like a casino, everything about trading is about having the right timing, if you enter and exit the market at the right time you win and if you do it at the wrong time then you lose and while that may seem easy traders learn very quickly that is one of the most difficult things to do, but there is a right time to do those things and you need to guide yourself using several indicators available to those that use technical analysis.

[clickerz]

The best time to take profits is when you are sure you have made profits from your investment. If you are comfortable with the profits you have made, its time for you to take profits and not be greedy for more profits as you can lose all your capital being greedy in this market

I fully agree. Just check your portfolio and when you notice you made a profit 10x 20x 50x or more, and then its enough for you then you can liquidate it. It depends on the holders decision to decide, as long as he is in profit. Sometimes, don't be greedy because thinking you can earn more, then after sometime it dumps, you'll regret you did not sell at he highest price.

[websoftwareengineer]

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.

There is no exact time when you should start trading because the prices will be always profitable as long as you wait for the price before you sell the coin.

[coin_1122]

Crypto market will work to the people who has the ability to hold them patiently until, bitcoin prices increases. At one point many people fail to make money through trading because with their impatient they may loose their value in trading. So patience is always good to hold.

[ryzaadit]

Iam using indicator like MA/RSI whent the RSI already on morethan 70% its mean Overbought so maybe i this condition i will taking profit but whent we have some good news iam will still watch. And dont forget to move your stop lose if using that.

[ausbit]

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 you should not trade at this time, the market is very volatile, the price of bitcoin and altcoin is constantly decreasing and there are no signs of recovery, so to be able to trade Success is very difficult, the market is bearish in the long run so trade at this time the success rate is very low. You should wait for the market to stabilize so that you can start trading.

This question is asked many times. To find the best time for profitable trading you will have to give as much time as you can. When you observe the market every moment you will be able to take your holding or selling decisions on the right time and by this way you can make handsome profits from crypto trading. Work hard and no doubt you will make big money.

The good time to take profit in trading is actually the time when the worth of your portfolio is more the current market value. This means when you have some good profit margin, you should only then trade and get your profit in trading.

Since the current market is just recovering, you should not cash your portfolio even if you are earning because we are expecting an impending boom and hopefully your profit margin will be better than the current so you should rather hold.

[JoshKulot]

There is no accurate time to profit in trading, it depends on you on how you will trade your coins and tokens right. The best thing to do now is to hold and buy more coins and tokens while it is low then trade it after this days of low price. No accurate time just use your sense and study more about the coins and tokens you were holding.

[nightways]

It is important to remember not to get greedy in the cryptocurrency market and the reason for that is that  there is a very thin line between making a good profit and losing it all and the best time is when you see that the peak is less in increase with respect to the previous peak best to get out at that time.

This is the thing that people need to understand. There is always a line of profit seeking and making money. You can’t become greedy at any level. This might be in bad terms for you when you start practicing your trade or investment. Your mind would become victimized by the shine of money coming to you but you have to control it because this is the only way for happy life.

[sgenuine]

I think that if your cryptocurrency grows well and you see its price is at least 30-35% higher than before, you can take your profits: sell it or make an exchange. This time is not good for selling any cryptos: wait.

[SkvorNyc777]

Well, it is kind of obvious thing, just try to focus on panic/not stable moments and buy perspective coins, that's the best option I think.

[dioanna]

well your action depends on what kind of investor you are..
Are you trading for long term ? or just want to do short term trade.