Art of quitting !!!!

[SlimShadyMmp]

I think once you speculate a market or coin to hit a certain a target and it successfully does that the best option is to get out from there and dont be greedy even if the market pass your speculation just leave on your previous mark or you end up with lots of disappointment

[Vaculin]

I think once you speculate a market or coin to hit a certain a target and it successfully does that the best option is to get out from there and dont be greedy even if the market pass your speculation just leave on your previous mark or you end up with lots of disappointment

Yes. If the price has already reached your goal price then sell it to make profits. Do not wait for more increase again because there are also chances that the price will suddenly dump.If you have gained profits already, then take a break for a while and trade again when you see higher chances of making profits. Sometimes greediness won't give positive results too.

[darklus123]

Sometimes having an exit in mind is a bad idea. Like yesterday when Bitcoin pumped 20% if you had decided to exit you would have lost a chance to double this profit today.
The best way around it is to wait and be ready to sell at all times or set up a bot to sell for you when prices fall.

You can also keep trading during the day and exit before going to bed. I found it to be a better choice than being bothered in your sleep by an open position.

Then it seems that you haven't fully understood trading, it doesn't matter if you exit earlier than the sudden price pump. The fact that you don't have control with the market the only thing you can do is to take a profit that you have targeted. For example you only want a 10% profit therefore exiting when you already hit the target isn't bad at all.

Remember that not all are doing a day trading therefore your advise is not for all

[guoyu78]

Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market  They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .

Quiting is not really a good thing in investments because you will need experience,  patience and persistence for you to really succeed in trading and investment and quiting keep you from succeeding. When you quit you are a loser and success is far.

It is true that giving up is not a good thing to do, but there are a lot of traders who experience preferring to go out when they lose or get stuck in expensive prices because if they continue it might make them lose so it's better to do it more safely .

There is a very famous quotation that is, do not put all your eggs in the same basket. It means that a wise man will not only invest in cryptocurrency but in property business and automotive industry as well as in stocks and bonds. After that, even if he is at loss for the time being in the cryptocurrency thing, he should not leave the market and rather stay as a result of which he will learn how to do things and in the long run, he will be successful.

I never suggest anyone to quit completely but I do suggest to stay away from the markets during bearish markets conditions. Hope anyone could understand the benefits of staying away from falling markets. I guess that would easily explain anyone the big advantages of art of quitting temporarily.

[niisarearning]

I think once you speculate a market or coin to hit a certain a target and it successfully does that the best option is to get out from there and dont be greedy even if the market pass your speculation just leave on your previous mark or you end up with lots of disappointment

Exactly you said it word greed is the main factor that doesnot allow us quitting from market .Whatever the loses i am having till now because of my greed fro sure . We have to learn fixing our profit ratio once we get forget about that.

[ecnalubma]

Well its really painful seeing your investment losing value but its part of investing. People broke investing in cryptocurrency cause they lack knowledge and research. It does not mean your exiting your not involved in crypto anymore but your gathering experience that you can use for your future decisions.

[mersal]

Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market  They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .

yes this thing will only do by the experienced people to find which is the right time for exit and with huge amount of profit so we need to to be more careful about what is the right time and what is the round time then only this type of things will be clearly predictable for the people who are like this.

[playboy654]

Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market  They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .

the art of quitting is the best position in cryptocurrency field if we find the right time of getting out and make the profit in your hands it will be the success for your investment and your work and if a person know what is the right time to quick he will be successful.

[Hamphser]

Sometimes having an exit in mind is a bad idea. Like yesterday when Bitcoin pumped 20% if you had decided to exit you would have lost a chance to double this profit today.
The best way around it is to wait and be ready to sell at all times or set up a bot to sell for you when prices fall.

You can also keep trading during the day and exit before going to bed. I found it to be a better choice than being bothered in your sleep by an open position.

Then it seems that you haven't fully understood trading, it doesn't matter if you exit earlier than the sudden price pump. The fact that you don't have control with the market the only thing you can do is to take a profit that you have targeted. For example you only want a 10% profit therefore exiting when you already hit the target isn't bad at all.

Remember that not all are doing a day trading therefore your advise is not for all

People don't really get any satisfaction when it comes to profits where regretting if they do saw the price climbed up more than on the target price they have set out.

Hitting your target is always been good as long it do add positive on your balance then its considerable and don't ask for more yet this would lead to stress and confusion later on.
Just stick to your trading ways and be consistent on making profits among on your trades.

[Ipwich]

Well its really painful seeing your investment losing value but its part of investing. People broke investing in cryptocurrency cause they lack knowledge and research. It does not mean your exiting your not involved in crypto anymore but your gathering experience that you can use for your future decisions.

It can't be possible that everyone will win, even good investors also loses but they did not quite and instead they improve themselves.
Quitting is a hard decision, I would quit if I believe I tried everything, risk a lot and still has not seen some improvement in crypto make good money.
I have failed many times in the past but I stand up and face the challenges, I know investing is risky but the picture of success is so huge that it could change my life.

[Denton]

I think that it is also necessary to have good knowledge and skills to get out with crypto. Often those who started it to do they have not to leave her. I think left crypto those who bought bitcoin from the beginning and was able to make a big profit. The others are still here.

[GreatArkansas]

In trading, you can say that is on how we take profits. For example, we entered on trade, but before you should already have your plan. Especially your entry price, stop loss and your exit price. What I want to point is, before you enter, you set your goal, it's like how you take profit on the market.
Especially in crypto, which is really volatile.
If your greediness will conquer your emotion, you will end up nothing.

[LogitechMouse]

I think quitting isn't the best word to describe what traders do. Its better if you say it "Art of taking Profit" because when you say quit, its like you sell your coins and you will quit gambling.

For me, I think the best strategy is to set a target. Set a target into when you will sell your coins and when to buy your coins. Use some indicators that will help you in trading and set a target. In that way, it will increase your chance to get profits.

[Cosbycoin]

I think quitting isn't the best word to describe what traders do. Its better if you say it "Art of taking Profit" because when you say quit, its like you sell your coins and you will quit gambling.

For me, I think the best strategy is to set a target. Set a target into when you will sell your coins and when to buy your coins. Use some indicators that will help you in trading and set a target. In that way, it will increase your chance to get profits.

Exactly that is the best term to describe it. The art of taking profit. But I think not all the people are able to take profits in the crypto business. Many of them simply want to quit because they have lost value in the market or maybe they do not want to lose more value.

However, those who speculated in crypto for long term have been able to resist or avoid the panic and take out profits successfully after holding for some time.

[GreatArkansas]

For me, I think the best strategy is to set a target. Set a target into when you will sell your coins and when to buy your coins. Use some indicators that will help you in trading and set a target. In that way, it will increase your chance to get profits.

This is the best feeling in doing trading, setting your target or taking profits on your every trade. For me, the term of the OP is something wrong. Taking profits is not quitting, it is the best doing in trading. Taking profits is never a bad decision in trading, it's only sign you are improving your skills in trading once you take profits.

[mirawantirinjana]

Your mental traders are not yet fully reliable, I think this is just a frustrated person's thinking.
if you feel disappointed I feel that deciding to quit is not the right thing to make a choice, it would be better if you add funds and continue to increase your investment to achieve certain targets.

[akram143]

Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market  They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .

yes definitely experienced people only know what and which time is the best time to quick because we know right time to enter but we don't know which is the right time to get out with their future number of profit that will be important think here

[Oceat]

I think once you speculate a market or coin to hit a certain a target and it successfully does that the best option is to get out from there and dont be greedy even if the market pass your speculation just leave on your previous mark or you end up with lots of disappointment

Yes. If the price has already reached your goal price then sell it to make profits. Do not wait for more increase again because there are also chances that the price will suddenly dump.If you have gained profits already, then take a break for a while and trade again when you see higher chances of making profits. Sometimes greediness won't give positive results too.

Just remember that being greedy will always not give you a positive result, therefore, focus on your target price sell then exit to take a profit. There is no point of taking too long to take your profit if you think that the market might pump more. You can always do this again and again if you gain some profit to buy back again when the price dump.

[whirlcoin]

Lets discuss about Art of Quitting . Entering any market or business is required lots of research , dedication as well as patience . I think its also applies for Quitting . Based on some research people successfully gained money in Crypto market or any other trading Market  They know the skill Art of Quitting . Could some experience people can give their Strategy about Exiting market in Right time .

mostly we don't know when to who quit our investment and make the profit and this will be definitely loan when you take the time to learn and time to you spend about your working things in this field then only the art of quitting will be known there everyone mostly will come under only with your experience.

[proTECH77]

I think once you speculate a market or coin to hit a certain a target and it successfully does that the best option is to get out from there and dont be greedy even if the market pass your speculation just leave on your previous mark or you end up with lots of disappointment

Just to buttress on that, most at time this speculations work for our good why in the other hand, they work for our disappointment. Most atimes when luck is on our side, we tend to say our strategy work until when the gains during the lucky period disappear from us like a dream, at this junction we begin to think of quitting.