I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
indeed we can not escape from greed, if there is an opportunity to be able to enjoy the opportunities that exist. normal things are sometimes done, because of lust and not analyzed properly.
of course to remember too, that not all alt when pumping to increase we do not take any action. because usually what happens the opportunity will be lost. because only the best-ranked alts we can trust, other than that it doesn't guarantee that if we let go of the opportunity, it will disappear and not be on the exchange anymore. always analyze if the opportunity occurs in alt, because many alts are inconsistent.
Actually when you want to sell depends on the altcoin, for potential altcoins such as ETH and BNB, I think there is no need to rush because this project does have good liquidity. And for example for other altcoins that have not developed well in the market, I think this depends on the strategy and determination of profit targets, because we cannot hold these altcoins. If the profit target has been achieved I personally immediately decided to sell it.
I agree and believe in what you are saying, because many alts of course potential alts are something we can analyze. There is no need to be complacent when it increases, because it is possible to increase again, there are opportunities. indeed must always analyze well the movements that occur with also not be separated to see the movement of bitcoin.
it's true that if the target is in accordance with what we want, it is appropriate not to be greedy and keep waiting for it to increase again, because it could happen that the opportunity will be lost and it takes more time to wait for it to increase.