How do you know when to sell?

[Lakai01]

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.

Look at the price of XRP, the 2021 ATH was far away from the ATH in 2017, so if someone would stick to this strategy, they would be down (heavily) for 4 years without knowing if XRP will ever reach the ATH again.

As an investor, you only keep this up if you absolutely don't need the money and have already written it off. Otherwise certainly not!

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[Woodie]

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 plan on selling on the next crash ,you are highly likely to be in losses because these happen without warning. 
Use targets or percentages when you intend to sell to take profits, just don't be selfish, take what's yours and wait for the next crash to buy or the next bull run to sell its the simplest strategy that can work for all.

[ebinoosha]

more reason people find it difficult to sell when in profit is because of blind trading. a good trade should have a take profit and stop loss. finding it difficult to sell means you didnt have a take profit position or you wanted more profits. traders always want to take as much profit as they can when in a trade that is going their way, but this dosent usually end well. set a take profit and be satisfied with it.

[sulendra12]

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.

You probably do not know about "cut loss" to make sure your capital investment is not ruined and it also helps you to think what to do next. Yes, it's okay to wait for another month if the coin actually has potential to gain something in next month, but what would you do if it's not and you seen another promising coins on the market? That's what you have to decide!

[Twinkledoe]

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.

You probably do not know about "cut loss" to make sure your capital investment is not ruined and it also helps you to think what to do next. Yes, it's okay to wait for another month if the coin actually has potential to gain something in next month, but what would you do if it's not and you seen another promising coins on the market? That's what you have to decide!

This is actually hard to decide if you are already at loss. But if you feel that the coin's development is going nowhere and they are heading to the drain, better sell it even at a loss. Because if you will wait longer, you may end up holding worthless coins. So yeah, this is where the point you need to decide, sell at a loss or just wait up until there's no more market value? Most alts are going down because there's no more development going on, and you will see that when you closely follow the team.

[Cherylstar86]

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's no signal when to sell actually, if you needed money and you've seen that you're asset had grown progressively I guess that the best time to dump. Don't wait until everything will be gone to dust, because here in crypto we need to act quick before it's too late. Profit is fast but it's also slow to come in times of bear market, so grab the iron while it's hot.

[tygeade]

The best time to sell is determined by a number of factors.

1- Use-cases: If you purchase any altcoin you must note what are the real use cases it provides and what are the alternatives that provide the same. If there are better projects in the market that provide the same solution then it is time to sell.

2- Meme coins: You must almost never hold meme coins, sometimes I have noticed that trading them could be useful and profitable but sell them as soon as possible.

3- Peak Price: If you feel that the coin has almost certainly reached the maximum value you expected from it then there is no harm in selling it because remember if it starts dropping you will be in a dilemma of whether to hold or sell it.

[jostorres]

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.

Sometimes waiting too much might end up as a disaster because most of the altcoins are short-lived and you cannot hold them for years. I have been in the shoes of a nervous trader who doesn't realize that it is not the bear run but the project is dead and we already missed the best selling point and the more we delay selling the coins, lesser the worth will be.

I agree that as a trader we must try and end every trade in profit but realizing that there is value in holding only then we must hold. If you are being emotional about a particular coin because you had high hopes, you should never hold such coins unless there is some progress being made from the developer team behind the scenes.

[Japinat]

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.

Sometimes waiting too much might end up as a disaster because most of the altcoins are short-lived and you cannot hold them for years. I have been in the shoes of a nervous trader who doesn't realize that it is not the bear run but the project is dead and we already missed the best selling point and the more we delay selling the coins, lesser the worth will be.

I agree that as a trader we must try and end every trade in profit but realizing that there is value in holding only then we must hold. If you are being emotional about a particular coin because you had high hopes, you should never hold such coins unless there is some progress being made from the developer team behind the scenes.

The term HOLD is not for all coins, definitely, not for shitcoins. We can do this for potential coins but could be hard for the altcoins especially for new projects.

Honestly, I was a victim of this thing, I hold for how many years waiting for nothing. It is to find ridiculous to say just hold even we obviously seeing that we can never see it back in hypes again.

As a trader, we surely know what way we can make good money in trading. But on the other side, we can't expect also that it resulted in great and profit as surely we can't avoid losses.

[johnwest]

The time now became so bad for alts that I have sold many of my alts at break even. I had bought many alts with BTC and even though the price of alts has increased in USDT, they have performed poorly with respect to BTC. I sold many of my coins at break-even just to regain my positions in BTC. So you never know when to sell. There are some coins which I sold at 25% profit and I would say that's a comfortable price.

[Yatsan]

Each and everyone of us has our goals being set to standardized or manage our crypto tokens once they have achieve such point to decide whether we will going to sell it or just hold it for a little longer. Actually knowing when to sell will be tough if you are aiming too high on which in most cases people get into greed wanting more that turns out not being able to sell at all due to reason that they expect more and the market turns dump that lets them miss the opportunity already. It can also be possible to see when to sell by doing technical analysis or even observation on the market but this will also vary on the user into which point he wanted to sell or still hold.

[ReiMomo]

The time now became so bad for alts that I have sold many of my alts at break even. I had bought many alts with BTC and even though the price of alts has increased in USDT, they have performed poorly with respect to BTC. I sold many of my coins at break-even just to regain my positions in BTC. So you never know when to sell. There are some coins which I sold at 25% profit and I would say that's a comfortable price.

That's what exactly, you will never know when to sell but at least you have an aimed profit for it and 25%-30% is fair enough to get a profit when the market becomes a bull trend. I guess don't be a fool if you will sell your bitcoin at a lower price, you should have a wait when is the perfect time of selling since we all know the market was in sudden price go down or sometimes it will go up.

In my own, when you see profit in your portfolio, don't hesitate to sell if you really need it financially because for me, when I needed the most money I sometimes manage my portfolio selling a small portion on it.

[2double0]

It happens with me so many times but that's not because of greed or started to think what I'll do with my profits, but the potential of that coin and the hype associated with it. Sometimes, when markets turn bearish all at once, then all the coins including my 10x potential coin starts plunging and if I am not watching, then I will lose so much. It is always a good thing to have a stop loss trailing near my ongoing profit area, so if it goes down, I don't need to sell as it'll be auto sold and save me from losses.

[dunfida]

The time now became so bad for alts that I have sold many of my alts at break even. I had bought many alts with BTC and even though the price of alts has increased in USDT, they have performed poorly with respect to BTC. I sold many of my coins at break-even just to regain my positions in BTC. So you never know when to sell. There are some coins which I sold at 25% profit and I would say that's a comfortable price.

That's what exactly, you will never know when to sell but at least you have an aimed profit for it and 25%-30% is fair enough to get a profit when the market becomes a bull trend. I guess don't be a fool if you will sell your bitcoin at a lower price, you should have a wait when is the perfect time of selling since we all know the market was in sudden price go down or sometimes it will go up.

In my own, when you see profit in your portfolio, don't hesitate to sell if you really need it financially because for me, when I needed the most money I sometimes manage my portfolio selling a small portion on it.

A price target is necessary when trading to be able to hit the desired profit then do the math to all of it including the transaction fees and there you have it. But if you are tired of waiting to trade in the market you can use some bots but that would comes with a price of course.

Different kinds of trading always have a risk but you are the one who's making the decision to minimize the risk of losing. You should plan accordingly and never hesitate about your plans since it will help you along the way to earn a decent amount of money.

[bitzizzix]

The best time to buy Bitcoin or other cryptocurrencies is still a big secret for new traders or investors, and according to research conducted by investment or trading experts and the best time to buy bitcoin never appears in official documentation because the crypto asset sector has price dynamics and fluctuations.
and the current general strategy is to buy dips slowly or collect coins that you think are potentially profitable when prices are low and resell when they hit your target.

[Smitty Werben Man Jensen]

The best time to buy Bitcoin or other cryptocurrencies is still a big secret for new traders or investors, and according to research conducted by investment or trading experts and the best time to buy bitcoin never appears in official documentation because the crypto asset sector has price dynamics and fluctuations.
and the current general strategy is to buy dips slowly or collect coins that you think are potentially profitable when prices are low and resell when they hit your target.

fluctuations in cryptocurrency do make it difficult for us to predict the market,
we have to really monitor it and it's not easy I think,
It's true that you could say it's a common strategy that many traders and investors use

[iphone5s]

There are individuals who choose to close their position when they have part of benefit or maybe, mentally talking when they are content with the profits. The take benefit could be in bunches however independent of what technique you concoct, your underlying venture ought to consistently be gotten as the market particularly that if altcoins is entirely flighty.

This is a special satisfaction for what you have done with your investment until now. If you feel like everything has reached the limit you want it could be time to sell the coins you have or the investments you have.

[Benefactor]

It's anything but a reverse level of the leg of the move, or when the pattern neglects to hold the cost, and so forth Ordinarily, individuals who leave their exchanges unattended due to being presumptuous that the cost will keep on going up without setting an objective cost as a primary concern will certainly lose their benefit and time over the long haul. For you to sell it. depend if after your examination you find arrangement of lower lows on the visit you sell and sit tight for an adjustment of pattern prior to repurchasing thusly you make additional benefits outside the customary holding strategy.

[frank07a]

You need to analyze the market and choose a convenient time to sell cryptocurrency, but not everyone can do this without special skills. There are also daily price prediction reviews from experienced traders, such as these.

[Reatim]

There are individuals who choose to close their position when they have part of benefit or maybe, mentally talking when they are content with the profits. The take benefit could be in bunches however independent of what technique you concoct, your underlying venture ought to consistently be gotten as the market particularly that if altcoins is entirely flighty.

Well many of us assigned how much percentage we will consider before selling , Like me i am targeting 100-150% profit when i am considering long term holding but when I'm into short term? at least 15-25% is more than enough for me to sell out and then look for another coin to buy back.
But of course this is not about my Bitcoin because for the highest ranking coin i only reserve a time and not a percentage meaning i will sell if i declare at least 6 months to 3 years of holding.