Choosing the right time for profit

[Devifajarina]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

Basically the crypto world is also directly related to trading, it's just that there are many differences in doing and running it, the final target is to find big profits from all forms of investment, careful planning and proper analysis when buying / selling is very necessary.
It's true, no one can predict the market accurately one hundred percent, but at least someone must be able to predict events that will occur and prepare the right steps if things get out of control, so that our investments do not experience big risks in investing in the future.

Such people who can survive in the crypto market, they realize that no analysis is 100% correct, so he must anticipate it and dare to take measured risks. and no one can trade to make continuous profits, every now and then of course the analysis is wrong, and dare to take a cutloss, because they are aware that there will still be many opportunities to make a profit

But if this continues to happen, they will not be able to survive in the world of trading in particular, if they lose money almost every time in trading, big risks usually can only be solved by people who are ready in any condition, but at first every trader will experience various conditions. which involves them at risk, if this can be controlled slowly, then the opportunity for success is very easy for them to get in the future, therefore they need knowledge in doing anything, especially about trading.

[RockCryptoWorld]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

Well yeah I tried to predict the movement on the market and invested in SDAO (Singularity DAO) and I completely agree that your target means a lot
You invest in the project expecting some profit and if we're talking about long term projects you can only say that the product can be very hyped in 3 month or in a year or even two and you see that the team is really great but one day bitcoin can boost you up, the other let you down
I'm included to believe that BTC will go up
Hopefully bullish trend for BTC

[CaptainCrapper]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

yes, the market was growing day by day but now the situation is not good so if anybody wants to invest hare at fast need study BTC if BTC condition is good everybody can profit by trade otherwise not possible profit.

[The Cryptovator]

Tell me who wants to lose anything in the world? Everyone always likes just gain and gain. No one is ready to accept the losses. But unfortunately, we are losing and someone is making money. It's happening always in cryptocurrency and that's how trading and investment works. You are an investor doesn't mean you always will be the gainer. Who knows if start a bear market after you invest. So we don't know even there is a right time or when is the right time. What I follow for me, the only right time is selling your assets when you have profit. But it's not out of risk, after selling the price would bump higher and it has been happening always with me. That's why I said we don't have the real right time. Take the profit whatever you can. If you sell a part of your holding, you will regret it in case of the dump. So we are unable to come out from this puzzle.

[Ekyfitri]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

yes, the market was growing day by day but now the situation is not good so if anybody wants to invest hare at fast need study BTC if BTC condition is good everybody can profit by trade otherwise not possible profit.

who says it's impossible to make a profit. in short-term investments even for day trading in any market conditions, can benefit. It all depends on our assets and skills in managing trades.
you can see how assets like AAVE as well as ONE. if you have skills in trading I think you can profit even with assets that are not top market.

[cvasy]

yes, the market was growing day by day but now the situation is not good so if anybody wants to invest hare at fast need study BTC if BTC condition is good everybody can profit by trade otherwise not possible profit.

Profit or not profit in investing and trading really depends on the coin you choose and can survive in any conditions, because in every condition we must always use a very wise strategy so that we do not lose in every investment and trade

[pawanjain]

Speculation is something that is done by every trader but not executed successfully by many.
The right time for profit is anytime when we have at least 1% profit out of the current trade. The profit % can obviously be big but shouldn't be less than 1%.
To take profits at the right time we must have a clear strategy in our mind and also we must be able to execute it successfully.
But many get indulged in FOMO and ruin their strategies and end up in loss.

[zachyboy090118]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

Your right the market signal is very volitale and hard to predict. For traders they always look at the movement of the candle stick specially on those doing day trading method. While the investors mostly engage in long term investment which also expert on there thing. They both have one target and that to gain profit. That stop loss you talking applied by the traders as they opposite from investor, traders doing short term investment mostly

[BayAngelo]

honestly, i strongly believe that the crypto market has a long way to go and there are still some people that are controlling the market. i believe that time will come when the so called whales will no longer has control. No matter how they pack bitcoin. No matter how they use bitcoin to control the market. the time is not yet right for the crypto market to grow above bitcoin dominance.

[Viscore]

Speculation is something that is done by every trader but not executed successfully by many.
The right time for profit is anytime when we have at least 1% profit out of the current trade. The profit % can obviously be big but shouldn't be less than 1%.
To take profits at the right time we must have a clear strategy in our mind and also we must be able to execute it successfully.
But many get indulged in FOMO and ruin their strategies and end up in loss.

If we aim to create concrete profits, then  we should learn to avoid FOMO as this won't bring any positive result but only losses. Choosing the right time for profit is quite hard knowing we can't even predict the market correctly. But as long as we see the investment grows and create good profits, then we can start reaping it before the price goes down again and lose the profits.

Most of the time, greed is also a big factor why we still end up losing even if we see already profits on hand. If we keep on waiting for higher profits despite of the high price volatility that cause sudden price changes, then we might see ourselves fall for the trap that leave us with a huge loss instead of a good profits.

[iv4n]

honestly, i strongly believe that the crypto market has a long way to go and there are still some people that are controlling the market. i believe that time will come when the so called whales will no longer has control. No matter how they pack bitcoin. No matter how they use bitcoin to control the market. the time is not yet right for the crypto market to grow above bitcoin dominance.

That time is not near...

The timing is everything, you can think about choosing the right time for profit only if you entered the trade at the right time! One doesn't work without another! And when is the right time to get into is like a speculators game, we don't know it until it happens, it's why you never buy all at once, you buy in portions, making more than one buy order... it's how you are selling too... it's the only way for feeling the bottom and top!

[pawanjain]

Speculation is something that is done by every trader but not executed successfully by many.
The right time for profit is anytime when we have at least 1% profit out of the current trade. The profit % can obviously be big but shouldn't be less than 1%.
To take profits at the right time we must have a clear strategy in our mind and also we must be able to execute it successfully.
But many get indulged in FOMO and ruin their strategies and end up in loss.

If we aim to create concrete profits, then  we should learn to avoid FOMO as this won't bring any positive result but only losses. Choosing the right time for profit is quite hard knowing we can't even predict the market correctly. But as long as we see the investment grows and create good profits, then we can start reaping it before the price goes down again and lose the profits.

Most of the time, greed is also a big factor why we still end up losing even if we see already profits on hand. If we keep on waiting for higher profits despite of the high price volatility that cause sudden price changes, then we might see ourselves fall for the trap that leave us with a huge loss instead of a good profits.

FOMO traders are bound to make losses because they do exactly what the experts want them to do.
They buy high and sell low which eventually lands them up in big losses.
Greed is definitely an additional factor which turns the profits into losses but it also sometimes increases the profits to a bigger extent.
This is why we should always stick to your targets and exit when we are in profits.

[Marcorey]

Any cryptocurrency is risky. It takes time to learn about cryptocurrency and choose a currency with trading value.
Research and analyze the market before trading, and set profit and loss targets, and stop loss and profit in time.

[fullhdpixel]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

I think it’s good to have a price target, you actually need to know what you want to achieve and target on that. Then another thing is that we also need to know when the market is going or being bullish, and when you have reached your target, you need to have a little patience and still hold some of your assets. You can decide to sell maybe 50% of what you’re holding or even 20% of it, and then leave the rest to keep growing. And if eventually the market becomes bearish, you can then sell some of the remaining ones and get your profit before you lose all of them. So you really have a good point here.

[Cindella]

It takes a process to succeed in investing in cryptocurrency in the crypto market, we must continue to learn crypto knowledge and accumulate experience from it.
Any cryptocurrency will experience periods of ups and downs, and no one can accurately determine the best time to buy and sell. But we can avoid losses by analyzing market trends and price fluctuations, setting profit targets, timing and investment strategies.
Emotions can also affect trading and investment. When affected by market sentiment during the trading process, it is easy to miss better opportunities and cause economic losses.

[OrangeII]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

Basically, most professional traders also create bases and targets for selling their assets. For example, if he buys a coin at a price of $5, his target to sell for a profit is $7, however, if the price drops and worsens, his target to sell at a low price is $4. So, when the price reaches one of them, they will sell the asset.
unfortunately, I don't use that method. I continue to hold the asset I own even when the price goes up high or down. I only sell it when I need money. Besides that, I'm also aware of the cycle. I also believe in the coins I hold today.

[sumant]

It is very interesting question. I have seen many people holds the coins more time when they are in loss but when price picks up then everytime they thinking to sell. In any market you should give time to bring some marketcap, some innovative thing then price will picks up. Buy at low don't panic if price falls. Hold till you need money this strategy will bring you much profit and you will become a smart trader.

[ethereumhunter]

It is very interesting question. I have seen many people holds the coins more time when they are in loss but when price picks up then everytime they thinking to sell. In any market you should give time to bring some marketcap, some innovative thing then price will picks up. Buy at low don't panic if price falls. Hold till you need money this strategy will bring you much profit and you will become a smart trader.

How if you hold but the price is still down while you need money? Will you sell your coin at once because you need money? If so, that will not be good for you as you will not know when you should sell your coin at the right time?

If you want to invest in anything, you should not use money that you used for your daily needs. Otherwise, that can not work for you because you will sell your coin, even at a loss when you need money.

Buy low and sell high is the basic, but only used the money that is free from anything so if you need money, you can cover it from the other money and not disturb your investment. If you can do that, you can sell your coin at a profit, especially if the price increase higher.

[Ararbermas]

The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.

traders actually doing the same way what investors did because of the mannerism of crypto currency, wherein most traders sometimes hold and prefer to dump if however it's needed especially if they all knows that the bearish will take over the market.. But for me traders is the most profitable, you know why? Because traders can avoid the massive correction of the market, and buy again to the lowest price to obtain good profits in the future.. Unlike investors that only waiting to reach the target but the leverage of their income are not the same with traders.

[marilynmanson21]

in determining the right time to get a profit is very difficult because the movement is very fast and difficult to predict, especially in the "bearish-sideways-bullish" cycle

Not that really hard. You don't have to predict your time of profiting. As long as you get the profit when the market is up and it's favorable to you. You take profits, as simple as that.

I sometimes misunderstand and place the order , so I don't use that cycle, just set price targets whenever I want and what is my target to get profit without seeing the cycle

It's that simple, you only have to put and wait for that price you desire to be hit by the market itself and you get the profit.

everything looks simple if you understand the direction and flow of the coins we have, and the coin has a good history, but what if the coin is new to see it,