How do you know when to sell?

[conected]

when to sell?, yes I know it, make sure you understand about support and resistance, and if you understand that,
it will be very easy to know where we should sell and buy, okay, here I will discuss a little,
that support is the time to buy if you have the money and time to sell if you have assets or when the market situation worsens,
for resistance is the same as that, only resistance is above, while support is below on the price.

- Yes, the techniques invented by our forebears can help us see the bright spots for selling, based on the chart and the available prices, we just need to master the information and combine with the knowledge, a price to sell will be formed in our brain. This is a method based on expertise in that knowledge is relatively abundant and restrains emotional attachment, one method that also frequently appears is an emotional equation, they look for the right deal and price in emotion, this is also a way to know when to sell but is relatively unreliable

[AakZaki]

If the altcoin is pumping, that will be a good time to sell, especially if the price can reach our target price. Having a target price will be important so we can sell and make a profit. Besides that, we can prevent the greediness that will comes if the price increase higher. If you ask about when is the best time to sell, that will depend on yourself because we have different strategies for selling the coin.

Maybe you can sell the coin when the price increase by 20% from the price you bought. If that happens, you can sell it right away and do not look back to the coin because that can make you want to buy back the coin. And if you do that, you might buy the coin at a high price while you do not know if the price can still increase or not, and there is nothing you can do except hold for more if the price is down suddenly.

For the strategy used, it is better to have a main strategy and a backup strategy when the price cannot reach the main target. This is very important in order to be able to profit even when the market is not good.
Short term, mid term and long term have different time spans.
some people prefer to do short term but some of them also do long term.
I do both to get daily profits using a short term strategy or daily trading, while for some potential coins I use a long term strategy with a price target that I have determined by analysis.

[posi]

Crypto trading is risky and no one know the perfect time to sell cause market prediction will never provide 100% accurate result but what's important is you understand the risk involve in crypto market, understand the promising level of the project/coin you picked interest in and set an exit plan.

It just only pure speculation, we live in this market where we are not 100% about the incoming. We never know when to sell and as well as when to buy. We usually use our common sense and this is really hard for those who are not good at this. What I mostly did in making a decision when to sell, is when the time has come that I'll be seeing some profit.

People think trading is profitable, that's a wrong perception, trading is like gambling, when one wins the other loses. It's very simple to understand,  and it's necessary since it's a basic knowledge everyone should know before they start trading so they'll always make a realistic action.

the words "speculative market", means it's a prediction game, you win, you lose, that's the game.

@Maslate, I agree with you about the market to be pure speculation and despite the market volatile in nature, there are still some market season where we know when to sell and I am talking about ATH market season.
@Ziskinberg, trading is profitable but its not for everybody especially those that cant deal with their emotion or lack adequate crypto knowledge and factors that will impact the price of the market.

[zanezane]

I think the instinct would probably be the answer to your question because you really don't know if bitcoin is ever going to go up much more so you sell at a point. Also, another reason would probably be the need, if you really need the money and you have no other way to make money, then you have to sell it.

[bitgolden]

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?

I will not call it because of greed. For example, if you manage to hold your dogecoins till now then probably you might be at least 20x richer than what you had been some four years back. So, continuing crypto holding may not be classified as greedy action in my opinion. But definitely you must have some strategy on where to book profits and it can be your personal requirement or you may go for % based calculations.

Traders might be having technical support on where to sell but for long-term holders it will be definitely a very big dilemma on making decision on when to exit. For these purposes, I'm always suggesting to go for looking for personal things and make decisions according to that.

[sr32703]

Buy and sell totally depends on you but i always try to buy in deep and sell it high though we all do same mistakes in everytime but for selling your coins you can follow markets conditions, fundamental news and technical history too.

[DoublerHunter]

Buy and sell totally depends on you but i always try to buy in deep and sell it high though we all do same mistakes in everytime but for selling your coins you can follow markets conditions, fundamental news and technical history too.

^ I rather choose the keep buying than selling.
Kowing the fact that when you sell is a very simple way, from the start of your investment in BTC, you should write it down in what price in the market you have purchased your BTC and then, just aim an amount that you want to sell your BTC, in that strategy, it is impossible you did not know when is the perfect time of selling. I also suggest, don't be too much greedy in making a profit in crypto, because sometimes it will cause your losses.

[Yamifoud]

Buy and sell totally depends on you but i always try to buy in deep and sell it high though we all do same mistakes in everytime but for selling your coins you can follow markets conditions, fundamental news and technical history too.

^ I rather choose the keep buying than selling.
Kowing the fact that when you sell is a very simple way, from the start of your investment in BTC, you should write it down in what price in the market you have purchased your BTC and then, just aim an amount that you want to sell your BTC, in that strategy, it is impossible you did not know when is the perfect time of selling. I also suggest, don't be too much greedy in making a profit in crypto, because sometimes it will cause your losses.

That only if you have a lot of money. But how about those poor people (third world country)? How about those you are just in short-term holding? This is not all about buying and holding, selling is a part of trading, and this why the market just moves up and down. And besides, we have the volatility feature because of this, some are selling and buying. Yet, both of them can be applied depending on our decision, and to ask when is the perfect time to do it(buy/sell), that gonna be a big question. It is just us to decide.

[NewRanger]

Crypto trading is risky and no one know the perfect time to sell cause market prediction will never provide 100% accurate result but what's important is you understand the risk involve in crypto market, understand the promising level of the project/coin you picked interest in and set an exit plan.

It just only pure speculation, we live in this market where we are not 100% about the incoming. We never know when to sell and as well as when to buy. We usually use our common sense and this is really hard for those who are not good at this. What I mostly did in making a decision when to sell, is when the time has come that I'll be seeing some profit.

People think trading is profitable, that's a wrong perception, trading is like gambling, when one wins the other loses. It's very simple to understand,  and it's necessary since it's a basic knowledge everyone should know before they start trading so they'll always make a realistic action.

the words "speculative market", means it's a prediction game, you win, you lose, that's the game.

its not good as their imagination , the fact is trading was very difficult and even to earn small profits we need to hold position for several days. but  i am totally dont agree trading is like gambling, this is wrong sight . we have bigger possibility to gain profits in trading if we know to analize market, there are alot methode and tools to analize price movement , we should to learn it first before investing in any finance market.

[Rajamuda]

Basically, of course, we have to look at the trending market prices from time to time and have broad insight that can dig up information or things that can affect price movements on certain coins,until we can determine the time period to start it.
buy low sell high it's just a basic of what we're trying to, determining which coin to choose is also important in terms of its price movement.

[LimLims]

I think the instinct would probably be the answer to your question because you really don't know if bitcoin is ever going to go up much more so you sell at a point. Also, another reason would probably be the need, if you really need the money and you have no other way to make money, then you have to sell it.

Need and requirements are the most important things that force a trader to sell his coin.
If there is no pressure and no urgent money required, then IMO holding for longer period is more beneficial.
Also if you can control over your greed, then no one really can stop you from profits.
If you ask for the right time to sell, then it depends on which coin you are holding.
If you think you have got sufficient profit from the current coin, then just sell it.
If you show greed and wait for long, then ultimately you will face losses.

[Smitty Werben Man Jensen]

Crypto trading is risky and no one know the perfect time to sell cause market prediction will never provide 100% accurate result but what's important is you understand the risk involve in crypto market, understand the promising level of the project/coin you picked interest in and set an exit plan.

It just only pure speculation, we live in this market where we are not 100% about the incoming. We never know when to sell and as well as when to buy. We usually use our common sense and this is really hard for those who are not good at this. What I mostly did in making a decision when to sell, is when the time has come that I'll be seeing some profit.

People think trading is profitable, that's a wrong perception, trading is like gambling, when one wins the other loses. It's very simple to understand,  and it's necessary since it's a basic knowledge everyone should know before they start trading so they'll always make a realistic action.

the words "speculative market", means it's a prediction game, you win, you lose, that's the game.

its not good as their imagination , the fact is trading was very difficult and even to earn small profits we need to hold position for several days. but  i am totally dont agree trading is like gambling, this is wrong sight . we have bigger possibility to gain profits in trading if we know to analize market, there are alot methode and tools to analize price movement , we should to learn it first before investing in any finance market.

Actually in trading there are ways and strategies so it is very different from gambling,
but indeed in trading is not as easy as we imagine because we have to learn it so as not to make wrong decisions,
besides that we also need to follow market movements so as not to miss the moment

[rhodelmabanal]

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?

If you are holding an altcoin you need to always get the latest update about that altcoin, the news, plans, developement, marketing etc., and you also need to set a limit on when to sell with profit. It is normal to sell when you already have a profit based on the limit that you set. Dont be greedy if there is already a profit then grab it.

[qwertyup23]

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?

You actually answered your own question: it depends upon the individual.

Generally, there are certain indicators in the market that will tell you when is the time to acquire/sell your coins. Same in stocks, you must be updated both in the intrinsic and extrinsic factors that will help you arrive at a decision. In addition, you must also determine what price you should stop HODLing your coins in order to prevent further loss.

There is no absolute solution and indicator for this. Everything will depend upon your own decision and goal from the very beginning.

[SacriFries11]

when the alt coin is pumping, then it is not easy to sell all coins. Previous two or three month ago, it was record highest pumping of all coins. Then, I sell 30/40% alt coins and Now I am thinking,  if I sell all of coins. I lose my token now because of dumping alt-coin price, so, whenever,  you got a huge profit or good profit, you should sell 90% altcoins.

I think for experience traders, selling when the price is pumping is the right thing to do when you satisfied with you're profit. Don't be greedy. You should be easy to sell when pumping rather than the time when the price is already down. Am I right ? I think that's the right decision to do. I just follow my TA when I'm about to sell my altcoins then it doesn't matter for me if the price goes up. I just wait another dump market then buy again. We should also be updated in the news that could affect the market price.

[Furious 7]

when the alt coin is pumping, then it is not easy to sell all coins. Previous two or three month ago, it was record highest pumping of all coins. Then, I sell 30/40% alt coins and Now I am thinking,  if I sell all of coins. I lose my token now because of dumping alt-coin price, so, whenever,  you got a huge profit or good profit, you should sell 90% altcoins.

I think for experience traders, selling when the price is pumping is the right thing to do when you satisfied with you're profit. Don't be greedy. You should be easy to sell when pumping rather than the time when the price is already down. Am I right ? I think that's the right decision to do. I just follow my TA when I'm about to sell my altcoins then it doesn't matter for me if the price goes up. I just wait another dump market then buy again. We should also be updated in the news that could affect the market price.

That's the most appropriate, when the profit has become your satisfaction, it means that you have had enough with the specified percentage then it is better to sell it because for me altcoins the most appropriate moment to take profits is when the pumping occurs and when the market has become bearish as it is today it will be difficult to recovering even if you still have some altcoins it will be very difficult to recover the price and it will take a long time even years.
In altcoins, there is a lot of dumping into the market when the market shows signs of declining, so that opportunity will not return anytime soon, even I regret that altcoins survive at the price of greed.

[Kez1817]

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?

For me, if I think I already gain profit, then it's time to sell my coins. Even if it goes up even more, more than the price I put in, the important thing is I earn. Don’t be greedy because it won’t help you earn instead it will lead you to a lot of losses.

[Tahsin Kabir Kollol]

It's really hard to find the best time to sell. Because no one can say for sure how much the market price will go up and down again. Everyone uses their skills and knowledge in market analysis to sell the accumulated assets to them. In this case, those whose experience and skills are more effective can earn more profit. On the other hand, everyone has a demand and while meeting that demand they refrain from taking an extra risk and sell their assets. I also sell one of my altcoins based on the market situation.

[Quidat]

The main hint for crypto trading is that " Never sell in loss", if you know that you altcoin is going high , then wait for some profit and sell it, but if it goes down, dont ever sell it in loss, wait for 1 day, month or even a year to recover the price of the altcoin, then sell.

Had this kind of motto in life or simply into my investment in regards to my coins that ive been holding for a while.As long you dont sell anything then you wont lose nothing and never ever sell in loss and wait up for some time no matter how long it would be because patience do really pays off and of course it would be needing some sort of luck too because not all the coins youve been holding would really be increasing its price in the future so it would be a random shot. Knowing when to sell will eventually be some sort of gut feeling on telling you to do so but sometimes our emotions is the one of the factors that could greatly affect the outcome.

[Lee_Mire]

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?

There is no right way to know when to sell. Everyone has a strategy. Some strategies are better than others. I would advise you to research some good traders/investors and study their strategies and then create your own strategy which suits your unique circumstances.