My Views on When to Sell

[imadmirer]

Most of us though would love to sell we just don’t do it. This is simply because we want to save the cake and eat it too! However, for a long term investor, when he gets the price right, he sells. This could be a considerably good profit or it could be a value with which a need of his could be fulfilled. But in addition to these aspects, there are far more intricate market related aspects that are taken into consideration by a day-trader before selling.

The day-trader simply wants profit. It is important how much profit he makes at every sell but it is more important what he made at the end of the day. Strategy, analysis, planning and control, all of these count.

The selling begins when the value of the coin starts shooting above the break-point. In this bullish graph, maximum benefit is reaped by the seller. It is important to note that selling is a continuous process. One begins selling as soon as the graph shoots above the break-point that the trader had marked.

When the graph hits a pinnacle until now in the coin’s life or for that particular day, maximum selling should take place until a significant resistance is noted. When resistance ensues, one can actually wait and watch after reaping the benefits to the heart’s content. When will this pinnacle be reached is nobody’s guess for we cannot predict what the market does. We simply go with what the market asks us to do.

So one has to plan very clearly one’s sells. The points and the value at which one sells is important. It is true that the earnings of a day-trader is calculated day-wise. But it is fine to wait for a day or two and compensate the earnings with better gains. If you have lesser coins and feel that the market will head even further bullish the following day then you may hold for the next day.

The one who studies the market thoroughly will be able to control his selling in the right way. And also when stagnation ensues around the break-point, it is better to hold the coins. When stagnation ensues at the pinnacle, one has to understand the behavior of the coin from its past patterns and take a call to either sell more or hold by expecting the market to soar further higher. But one important advice is to hold some coins always as part of investment as well as to be ready to sell when the market takes a sudden higher flight.

[1715072077]

1715072077

[sedahan13]

No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.

[husnanparebok]

First, I must say thank to the OP for explaining the right time to sell and explain clearly and detail. In my opinion, when market reach pinnacle point, I sell 50%of my coin. And keep 50% left. And keep watching with Delta Apps (Android Apps)

When market indicate to start bear market, I sell 50% left.
When market going to up again, I keep watching till very high price, increase about 5% last price That I sell. Then sell my coin left.

[coinnywide]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

[Asawakobana2017]

First, I must say thank to the OP for explaining the right time to sell and explain clearly and detail. In my opinion, when market reach pinnacle point, I sell 50%of my coin. And keep 50% left. And keep watching with Delta Apps (Android Apps)

When market indicate to start bear market, I sell 50% left.
When market going to up again, I keep watching till very high price, increase about 5% last price That I sell. Then sell my coin left.

selling really needs a. Proper decisioning due to the constant change of the amazing crypto market, we need to make a good decision to avoid lossing , we cannot really sell this time because selling today is really a big loss in the near future, when the market begins to rise we. Cannot also easily sell because we need to set a limitation for the profit and for our possibly lose.

[encryptedht]

Thank you first of all for your intersting explanation. I'm trying to sell according to my system. I use 2-3R system to calculate profits and to establich stops.

[encryptedht]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Well, you can also sell once you see barish signals. This is also a good approach.

[jessica2020]

Thank you for your informative article, its give us an idea in day trading. The market is still unpredictable and you need to think before you sell your coins.

[richminded]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

Its not easy because we choose to be more greedy, this happen when you don’t have target price while you are trading/investing. Don’t be afraid to sold you coin whether to take profit or to cut losses as long as its your target price, having good strategies like this can help you survive in the future.

[ss890]

Yes people usually make the mistake of selling at wrong time and that is also when the crypto currencies are falling down badly. I mean they think that when the crypto currencies are falling down then they can save up some money by selling their holdings and thus not going into loss that way. But what they dont understand is, they are already going in the loss by doing that as they are selling in the loss itself. Once the crypto currencies are battling then we must not sell and that is the only way to go around it. Always wait in this situation and hold yourself until crypto starts to revert itself. 

[singularcrypto]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

[rudox]

Good analysis straight to the point but all these will happen only on normal situation in the market and the needs of the trader.If the trader is in dead need he will break all the known rules to sell just to have fund to mitigates whatever it is that is his financial burden. Unless he can get succor some where then will he follow the known strategy to sell  only when he is on profit. Most of the time our financial burden determine our trading strategy (emotion)

[charlotte04]

Most of us though would love to sell we just don’t do it. This is simply because we want to save the cake and eat it too! However, for a long term investor, when he gets the price right, he sells. This could be a considerably good profit or it could be a value with which a need of his could be fulfilled. But in addition to these aspects, there are far more intricate market related aspects that are taken into consideration by a day-trader before selling.

The day-trader simply wants profit. It is important how much profit he makes at every sell but it is more important what he made at the end of the day. Strategy, analysis, planning and control, all of these count.

The selling begins when the value of the coin starts shooting above the break-point. In this bullish graph, maximum benefit is reaped by the seller. It is important to note that selling is a continuous process. One begins selling as soon as the graph shoots above the break-point that the trader had marked.

When the graph hits a pinnacle until now in the coin’s life or for that particular day, maximum selling should take place until a significant resistance is noted. When resistance ensues, one can actually wait and watch after reaping the benefits to the heart’s content. When will this pinnacle be reached is nobody’s guess for we cannot predict what the market does. We simply go with what the market asks us to do.

So one has to plan very clearly one’s sells. The points and the value at which one sells is important. It is true that the earnings of a day-trader is calculated day-wise. But it is fine to wait for a day or two and compensate the earnings with better gains. If you have lesser coins and feel that the market will head even further bullish the following day then you may hold for the next day.

The one who studies the market thoroughly will be able to control his selling in the right way. And also when stagnation ensues around the break-point, it is better to hold the coins. When stagnation ensues at the pinnacle, one has to understand the behavior of the coin from its past patterns and take a call to either sell more or hold by expecting the market to soar further higher. But one important advice is to hold some coins always as part of investment as well as to be ready to sell when the market takes a sudden higher flight.

I just don't sell if things aren't bad yet. I would continue on holding my stock/coin if thing are pretty and would still go up. But I always put my stop-loss if thing doesn't go on my way.

[target]

You got it right. Traders have thier reasons when to sell. Some sell when the market starts to bleed, this I think is because some are considering to accumulate tokens after the bear market when it they think its going to be to lowest possible the price can dip, they buy and this time they get more of the tokens. I don't usually do it because I sometimes lose but for those who knows how to do it right, its definitely worth it. I use to do it with XRP but this time it got me.

[Gozie51]

For a hodler, it is always a panic time to sell or not to sell when price breaks his graph line because they are not sure again to sell or continue holding. It is seen as a time to make more profit and because we can't really predict the future price, price can drop more or gain.

So it is about determination to take one decision and not wait. I do sell when I decide when it triggers for my sell.

[el kaka22]

No one trader can predict accurately the highest price of crypto, we can maximize the profit and minimize the loss by use trailling stop , some crypto possible going up to 10 or 20 times in bull market. Or other way we can sell by partly the profit and lock some of it to the fiat.

Yes, the only thing we can do most of the time is to always stick to whatever plan or strategy we have and see how the market pans out. This is the reason why as long term investor, the need to know how to manage money while trading or investing in a market is paramount.

With that, even while you are selling, you are still getting to hold some part of the market just in case, and taking advantage of further trends and so on. Personally, when I see a market has reach an overbought stage, has hit a resistance and beginning to stall, then I know there would be no better time to sell than that.

[mostkey]

Don't underestimate the trade, it's easy, of course, they will only think about buying at a low price and selling at a high enough price, because when market conditions go down, it can happen not to go up, if it's like that, I would only suggest holding it don't panic and sell all the coins with very cheap value, there are special methods for trading that others rarely know, so everyone learns first before injuring themselves because panic is too optimistic to be rich.

[raven7886]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

It is really not that simple because as long as you hit the chart, you will have to start making some concrete and fast decisions. The problem though is that a lot of traders want to have it all. When the market gets above the breaking point, they still want to hold on to it, and trying to see if the bulls will keep pushing it higher, and for a volatile market, we are all so conversant with how the market can drop pretty fast. What is important is not to get greedy, have a plan on how you want to be selling before even entering the market, and stick with a very good stop loss.

[Gadhoh]

This trading strategy in crypto sounds easy, but it's not that simple. Selling coins can be done when prices are high, that's an opportunity we can take to get a profit. And no one can really predict the bull market in the crypto market.

it's just a trick that has been done since time immemorial or the first existence of a trade or digital currency, selling when rising and buying when prices go down but the main reason for all of that is our knowledge of when prices rise and when prices go down.

[changxia]

In my opinion, only long-term holdings and instant selling of two options, when I start long-term holdings, I will not pay attention to market trends, and when I trade every day, I will not hesitate to sell!