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Author Topic: What is the Best Time to sell ?  (Read 2842 times)
muratsink
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April 28, 2021, 06:02:16 AM
 #321

In my experience any coin which is holding by traders always goes to all time high level where we should sell. Trading cryptocurrencies is game of sentiment now these days. After buying people thinking too much about their investments but the main aim should be sell at their pick run. Holders always win the race. Patient is key of success and this will help us for selling at big green candle.
Holding coin some time can loss more but when selling price pump, still most effective way how to know with coin potential with holding and keep profitable for long term or short term hold. I will sell coin if raise profit but keep holding without reach 10% profit maximum and become most profitable if above 50% profit.

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April 28, 2021, 08:31:51 AM
 #322

If you have sold your coins already then you are regretting it probably by now. There is no "Best time to sell", it's all about your strategy and convenience. If you want the money for something or you are at a good profitable point then it is good to sell.

The price fluctuation recently was too high and 20-30% pump/dump is happening within a 6-12 hour candle. Might not be a good time to sell.

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bitzizzix
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April 28, 2021, 10:32:02 AM
 #323

The best time to sell is when you've made a profit, and when the price goes up, don't be trapped in the hope that the price will continue to go up to make a sale because that expectation will sometimes reverse the situation.
trading only relies on short profits and if it is profitable there is nothing wrong with selling it without expecting a higher profit but selling too late when the price drops back suddenly.

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April 28, 2021, 03:07:43 PM
 #324

The best time to sell is when you've made a profit, and when the price goes up, don't be trapped in the hope that the price will continue to go up to make a sale because that expectation will sometimes reverse the situation.
trading only relies on short profits and if it is profitable there is nothing wrong with selling it without expecting a higher profit but selling too late when the price drops back suddenly.
Aside from what you said, one strategy to fix our stuck and not betray our expectations is to take back our initial capital and use the interest to keep the expectation, that means if we have the correct expectation, our returns will still increase and on the contrary, our mistakes will not be cut too deep into capitalization, simply wasting a bit of profit in exchange for an opportunity. However, it should also be limited with this strategy, not massively and should be able to judge the market situation

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April 28, 2021, 06:25:24 PM
 #325

I think the best time to sell is when the prices of currencies are going down and it is possible to make a lot of profit by investing and holding on. If the price goes up you have to sell it no investment is risk free however it is not possible to avoid 100% risk by investing by sight but there is no possibility of losing capital. That's why you have to learn the strategies of where you are investing your hard earned money how you are investing by analyzing the market well. It is easy to set the price if you can follow the trading signals.

My opinion is different from you the best to sell coins when you think that you get a handsome investment from your capital amount, don’t be greedy if you then you will face a big loss. Do a market survey read opinions of experienced traders, when the price reaches the expected price then sell and invest in other potential coins. This way you will become a wise trader and will be happy with your earnings.
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April 28, 2021, 09:56:30 PM
 #326

Avoid being greedy because it won't help you gain more.
It could lead you to losses.

I've been greedy before and thought that it will increase some more but I've missed and did wrong. I've only sold a few during the good times years ago and that's why on this bull run.

You should sell when you're in gain and don't be too greedy.
I had committed the same mistakes but only into those alts that ive been keep holding for how many years already where i do saw some pumps in price or able to reach out some all time highs

but i didnt tend to sell it out and wait  up for  more time for the price to reach a certain level until it crashed and leave me behind on regretting on not to sell into that great opportunity
for me to make some money or good profit.

This was really a lesson learned for me and thats why its really important to secure profits while you still can.
I did the same mistake for btc and other alts that I've held before.

Taking profits isn't the focus of others during the market's rise. They're thinking just as the same as us before that the rise won't stop.

But thanks to our experiences, we know how and when to take profits if it's necessary.



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April 28, 2021, 10:48:15 PM
 #327

the truth is that no one can sell at the top , sometimes it happen by chance but you just need to take profit when your greed permits and never mind whatever happens again. if you refuse to sell at a high price and it dips you must be ready to wait longer time to sell at high price. everything is a journey.
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April 29, 2021, 03:46:32 PM
 #328

You can time your entries when going in for a buy and you probably will get that entry precisely 8 times out of 10. But selling is a different ball game altogether, there's greed and fear involved which is what the market thrives on. I suggest you make more research on the tube and see where other professional traders have been exiting positions to have more ideas on how to exit your position. Good luck
Do you think it is better to follow other traders all the time? Actually there is no self satisfaction on it but it is really worthy to follow them. We should learn trading by own strategy and it will help us to generate good money from trading.
Of course you have to eventually edge towards your own strategy. I'm just saying you should check other professional traders and have an idea how they exit and enter the markets.
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April 29, 2021, 04:47:34 PM
 #329

If you have sold your coins already then you are regretting it probably by now. There is no "Best time to sell", it's all about your strategy and convenience. If you want the money for something or you are at a good profitable point then it is good to sell.

The price fluctuation recently was too high and 20-30% pump/dump is happening within a 6-12 hour candle. Might not be a good time to sell.

Nothing to do now if you already sold your assets, it's risky to invest back if you didn't research more deeper. The chance that you'll just fomoing and trying to ride back will lead you to lose your investment.

Always have a good set of plans before doing anything, the market is full of surprises unless you really know what's your take with any sentiments inside the market, you'll probably still in good hands.

No one can dictate of accurately conclude when will be the good time to sell, it's up to you as holder/owner to take your position.

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April 29, 2021, 05:21:45 PM
 #330

Always have a good set of plans before doing anything, the market is full of surprises unless you really know what's your take with any sentiments inside the market, you'll probably still in good hands.

No one can dictate of accurately conclude when will be the good time to sell, it's up to you as holder/owner to take your position.
Yeah, when we are unable to predict with 100% accuracy then we cannot find any best time to book profits. Having plans through technical analysis will get anyone to somehow mange to catch the best time to sell still there cannot be anything guaranteed in crypto markets. What most people do is, they just fix target levels and they may not bother about best timing but they just need what level of profits for their capital, that's it.

It means you may target some 10% for your capital and then you can book profits and forget all other things. This way you can build your own best time to sell.
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April 29, 2021, 10:10:59 PM
 #331

The best time to sell is when you've made a profit, and when the price goes up, don't be trapped in the hope that the price will continue to go up to make a sale because that expectation will sometimes reverse the situation.
trading only relies on short profits and if it is profitable there is nothing wrong with selling it without expecting a higher profit but selling too late when the price drops back suddenly.

I think this should be enough. Set certain goals for yourself, then, when they are achieved, fix a profit, at least without a loss, in order to minimize risks as much as possible.
If everything goes well, set new goals, because the old ones have already been achieved, and upon reaching new ones, fix the profit again, regardless of what happens to the instrument further.
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April 30, 2021, 03:13:49 AM
 #332

The best time to sell is when you've made a profit, and when the price goes up, don't be trapped in the hope that the price will continue to go up to make a sale because that expectation will sometimes reverse the situation.
trading only relies on short profits and if it is profitable there is nothing wrong with selling it without expecting a higher profit but selling too late when the price drops back suddenly.

I think this should be enough. Set certain goals for yourself, then, when they are achieved, fix a profit, at least without a loss, in order to minimize risks as much as possible.
If everything goes well, set new goals, because the old ones have already been achieved, and upon reaching new ones, fix the profit again, regardless of what happens to the instrument further.

I think the cutprofit was done when it was approaching takeprofit. so that we can be consistent with the framework that has been made. Sometimes we get a little profit, it feels like we want to sell, and when we lose a lot, we actually hold. diseases like this that must be avoided

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April 30, 2021, 06:44:41 PM
 #333

When we start seeing news like "Bitcoin price has increased", it means that it is time to sell our Bitcoin. Whenever they published news like this and made irrelevant people buy Bitcoin, the price fell.
Yeah this is already a good sign if ever we want to sell our bitcoin, when the price of bitcoin goes up then sell it right away, that is the common way to earn money from investing in bitcoin, that can be a short investment, if you want to have more income or more profit from investing then it is better if you just not get hyped for just a little bit movement of the price, long term investment is still the best advisable way of earning money or maybe set your expected profit then sell it once it already reached the value.

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April 30, 2021, 11:54:14 PM
 #334

Should I hold for more time?
Should I buy some more now only or wait if the price dips a bit?

everybody may have their own strategy.
For me personally, commonly I use some percentages of the price rate to sell. But of course, not to sell at all.
At least, I can sell about 50% amount of the coins or tokens at certain profit rates. Then, make half of the least based on a certain percentage rising. If the coin has great fundamentals, I will hold it for certain period until the price may be hitting more than 25% increase

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May 02, 2021, 05:47:14 AM
 #335

Depend with your self how much profit you want to earn each your position entry, for me 10% is more enough and some time after raise 5% I sold my coin and never waiting with bigger profit again, this not good ideas waiting more than 100% profit because many time coin can dump extremely and now little profit is worth than nothing.

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May 03, 2021, 04:21:21 AM
 #336

To me, the best time to sell is when what we currently hodl has reach our desired amount of price. Other reasons to sell might be that you need something to pay like bills, mortgages and other payments or you mgith also sell when you find a sure shot investment that is going to get big so you try to put money in it.
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May 04, 2021, 05:57:22 PM
 #337

If you have sold your coins already then you are regretting it probably by now. There is no "Best time to sell", it's all about your strategy and convenience. If you want the money for something or you are at a good profitable point then it is good to sell.

The price fluctuation recently was too high and 20-30% pump/dump is happening within a 6-12 hour candle. Might not be a good time to sell.
I think when the fluctuation is high it can be taken advantage of selling quickly. let's say we've got a profit of 20-30% but if we trust too much to hold and dump we will lose. so when the pump fluctuation position increases, the best option is to sell quickly, because high fluctuations will also make the price low again, and this low price can be used to buy back.

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May 05, 2021, 09:21:20 AM
 #338

To me, the best time to sell is when what we currently hodl has reach our desired amount of price. Other reasons to sell might be that you need something to pay like bills, mortgages and other payments or you mgith also sell when you find a sure shot investment that is going to get big so you try to put money in it.
actually, so that we don't get confused about the timing of selling the asset, then use a target for it. For example, if you hold a coin at $ 1, target to sell at $ 5. Well, I guess that way you know when is the best time to sell. after all, it's still a parable. everyone can freely set and determine their target.

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May 05, 2021, 03:42:53 PM
 #339

To me, the best time to sell is when what we currently hodl has reach our desired amount of price. Other reasons to sell might be that you need something to pay like bills, mortgages and other payments or you mgith also sell when you find a sure shot investment that is going to get big so you try to put money in it.
actually, so that we don't get confused about the timing of selling the asset, then use a target for it. For example, if you hold a coin at $ 1, target to sell at $ 5. Well, I guess that way you know when is the best time to sell. after all, it's still a parable. everyone can freely set and determine their target.
it should depend on how the trader plays, whether the trader wants to be on a daily basis or even long term, in the world of crypto currency if it is bearish it will be difficult to take profit,
just imagine you trade in 2018 to early 2020, of course if you buy it at the most expensive price at that time then you will not be able to move until at least 1 year more,
so make sure if it is a profit it is better to sell and don't be greedy.

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May 05, 2021, 10:16:30 PM
 #340

Not to discourage those Dogecoin holders that might read this post but you need to think about Doge's peak.

And if you've already decided, that's the time that you must get some idea how whales are doing. They're transferring the profit into the form of BTC and they'll hold it again for a long time until there's another surge for bitcoin.

It's a double profit for you but requires patience.



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