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Author Topic: How do you know when to sell?  (Read 2811 times)
Uang_kartal
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March 09, 2022, 09:27:17 AM
 #181


It doesn't matter if we make mistakes when trading or investing, and it's natural for us to have regrets when we make mistakes. The most important
thing is that we can learn from our mistakes, and not repeat them again, it will make us successful people. Because even professional traders must
have made mistakes, so there is no need to regret excessively if we make mistakes. After all, as long as we choose potential coins for trading, actually
when it's too late to sell coins at high prices, we don't need to panic. Because potential coins when the price goes down will definitely come back up
again someday, so we just have to be patient waiting for the price to go up again. It is more efficient if we determine the selling price we want from
the start of trading or investing, so if the target price we want is achieved, we can immediately sell it. That way we will not miss the opportunity to
take profit.
this is about a risk that I have tried with this from several figures both on social media and in the real world.
indeed everything will be bought from experience, actually your expression is good bro but I don't agree because it involves our assets/money that are at stake, in line with you and other friends the price to go up sometimes can't measure the time when it can fly suddenly or plunge in slowly, if it's not hot money and not urgent maybe we are calmer when we net with the best price DWYOR

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March 09, 2022, 09:56:53 AM
 #182

It's more brilliant to take benefits regardless of whether you like the coin and need to hold for quite a while, sell when the cost flood high and sit tight for another plunge since that is the way crypto works another plunge is important. You can utilize Corona infection to sell straightforwardly to any cash through p2p. It is exceptionally simple and to exchange. From here you can exchange risk free.

If you have a set plan and it's been triggered better to sell while the price is still high,

It's important to understand the risk when you missed the opportunities of selling your asset while value is rising high,
the next thing that will happen is seeing the value to start plunging. You'll realize that you already missed your opportunity
When you see everything is falling. Make sure to have your set target and focus not to be greedy.
sumant
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March 09, 2022, 10:57:00 AM
 #183

I think everyone has their own target on any trade but simple is that when any chart goes up from your buy price you can sell. Trading buying and selling point is a big question for everyone and also very critical too. Trader who understand when to buy or sell will become grand trader. My personal point is any share who goes all time low should be buy if you want and my selling point will be all time high. This formula will more money. Overall you can sell at high price.
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March 09, 2022, 11:44:25 AM
 #184

This is very difficult for any trader as it is very difficult to understand the condition of the market Many people make such profit by doing technical analysis but it is very difficult. However, many people use some techniques to make such profits increases 50% , Then you should withdraw the original investment money So with that money you can invest in any other new project

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March 09, 2022, 11:49:49 AM
 #185

Quote
One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.

Yes, when there's increase in the value of the tokens, show there is time to sell in the market to make a good profit and when there's is decrease in the value of the tokens show that the market price is not good for traders to sell at the moment than to hold for the tokens to increase higher not to miss income at the end of the v market. Those that used this system to sell their tokens in the market became a professional traders in Profit making because of the most popular strategy they are using to make a huge amount of money from their crypto trading.

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March 09, 2022, 11:50:04 AM
 #186

One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.

If you follow this strategy, then you will never be able to make significant profits. Think about it, you would have bought Bitcoin for around 4k USD in March 2020. Then you would never have held it until 65k USD and maybe sold it at 10k. That would have been a nice profit, but only a small part of what would have been possible.
I always sell when everyone suddenly starts talking about Bitcoin and crypto (no matter if media or my neighbours). Then we have mostly reached the peak. That worked for me in 2017 as well as 2022.
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March 09, 2022, 02:22:00 PM
 #187

For the long term I will keep Bitcoin, but for altcoins I must have a selling target so as not to lose, I already hold altcoins such as MVL, LCS, Ultra which are currently UOS, I sold these three altcoins in the middle of 2020 and currently the price is rising , for me, 3 years holding an altcoin that has a good product will pay off, but you should do some research on the product and the community members they have, because a good project has a large community and is not prone to FUD, so the price of the altcoin can last during the situation the market is bearish and the developer will do the work according to the roadmap

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March 09, 2022, 04:29:44 PM
 #188

One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.

If you follow this strategy, then you will never be able to make significant profits. Think about it, you would have bought Bitcoin for around 4k USD in March 2020. Then you would never have held it until 65k USD and maybe sold it at 10k. That would have been a nice profit, but only a small part of what would have been possible.
I always sell when everyone suddenly starts talking about Bitcoin and crypto (no matter if media or my neighbours). Then we have mostly reached the peak. That worked for me in 2017 as well as 2022.

I wish to try out what you have suggested. Would like to know your exerience which will help us. Kindly share how hard it was to just control yourself from selling when you knew your bucket was filled with a level of profit and were able to be patient till the crowd started talking about it?

You should have gone through mix of feelings and challenges when you saw the price was growing up. A fear might have been there what if the price drops and you loose the huge profit? Or you should have been calm and confident enough to hold it?

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March 09, 2022, 05:16:08 PM
 #189

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion


Everything is just depends on your individual plan , meaning we have different reasons why we invested at first, so some do have long term plan, while some is short term plan, let say 1 yr, 2yrs, 4yrs... so someone who is looking at 4years investment time doesn't have anything concern with taking profit now, then in the other side if you're a short term investor take profit where is suitable for you. Let's say you start by first taking profit by riding the market
20% off, 30% off, 50% off and finally everything using fear and greedy index, it helps me a lot and I guess it helps you too.
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March 09, 2022, 10:20:43 PM
 #190

I do regret whenever I sell.

It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.
sometimes we have really struggled to collect assets, and it is very difficult to sell them. however, we will not grow if it is like that. knowing when the time is right to sell will make us better. as the previous person said, it's ideal to sell the coin when it's a bull market, or when you're making a profit. many people who understand this perception but can not implement it. However, think about selling at the right time, and don't let regret always blow your mind. because if you're still in the crypto world, you can still make it.
It's hard to sell when you really have don't have much.

But when the situation permits and there's a need in doing so, later on, your feeling will be better knowing where you are going to spend that money that you get from selling your asset.

All of it comes with mindsetting and I know how to deal with it already.

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March 09, 2022, 10:32:31 PM
 #191

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion
TA (technical analysis) can give you some good entry/exit points if you're decent with it.

Although i think it's generally not a good pratice to try chasing perfect exit points you should kinda just aim for a good pnl and set up your sell orders beforehand.
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March 10, 2022, 02:31:57 PM
 #192

One simple approach applied by most persons to know when to sell is when there's an increase in the value of the tokens purchased. Some persons employ a percentage, others considers the amount of returns that have been earned before making the sales.
actually what you are saying, is that in a simple way we can take action when the time is right we will do to sell it. it is enough to provide the token value that we deserve to sell and when the price is appropriate then we immediately take the sale action before it is too late and there is a change again.
but maybe there are many ways that can be done other than the simple, way but it all depends on the needs and habits used. because there may be someone who uses it with a measurable analysis and the like. the most important thing is not to experience losses that actually occur.
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March 10, 2022, 02:54:34 PM
 #193

TA (technical analysis) can give you some good entry/exit points if you're decent with it.

Although i think it's generally not a good pratice to try chasing perfect exit points you should kinda just aim for a good pnl and set up your sell orders beforehand.
That's clear, but at this time there are still people who can't use TA (technical analysis) and maybe because they don't know how to do it, so it will be more complete if you want to explain about the procedure for using TA (technical analysis) here so that those who haven't know how to immediately learn and try it now.
No, it wasn't clear if he didn't explain more about t.a but it's fine that he gave some hint on what method he used to know if when is the right time to sell or buy. AFAIK t.a is a huge topic so discussing everything on this post can be time consuming and he cant just copy and past everything there but better if he can create a separate thread for this matter but I think there are already topics like this in this forum, if not then you can just search it in google.

No people are good at t.a and even him, he was also a noob before but that doesn't stop him from learning it. If you have a passion for one thing or if you are really eager to earn income in crypto you will learn almost everything.
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March 10, 2022, 04:57:07 PM
 #194

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion
I am personally a trader who prefers to use the scalping method in trading in the market, when the price of the altcoin I bought has at least given a profit of a few percent of the buying capital, of course I will immediately release it to buy another altcoin that is being correction.
At the beginning of knowing crypto, I tried to hold onto some altcoins just because I heard the words "Diamond hands"but the fact is that many of the old altcoins that I hold have turned into trash, the only crypto that promises profit when holding it for a long time is bitcoin in my opinion.

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March 10, 2022, 04:57:42 PM
Last edit: March 10, 2022, 05:09:39 PM by Marykeller
 #195

Pattern: I don't have any pattern, I sell whenever I feel like or in desperate need of money. I can sell all or keep some depending on the future of the coin
Regrets yet? I have no regret yet since I like holding coins for a long period
My opinion: sell when there are profits and reinvest when the market is down

R


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March 10, 2022, 07:27:20 PM
 #196

I think it's better to sell it when there is a profit, whether it be big or small. In my opinion, don't expect much from the benefits that can be obtained, try not to be greedy in seeking profits.
sometimes greed in us always happens, hoping that what we hold the coin will be even higher in price. but it's always passed with an adequacy that it gets. a successful self-study. there are still many coins that have the potential to give us profit. I'd rather take enough profit but always be given smooth.?

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March 10, 2022, 07:48:25 PM
 #197

I think it's better to sell it when there is a profit, whether it be big or small. In my opinion, don't expect much from the benefits that can be obtained, try not to be greedy in seeking profits.
sometimes greed in us always happens, hoping that what we hold the coin will be even higher in price. but it's always passed with an adequacy that it gets. a successful self-study. there are still many coins that have the potential to give us profit. I'd rather take enough profit but always be given smooth.?
We would really boggle up our minds whether its time to sell or would wait further more for possible uprise in price? This doesnt indicate greed anytime because it is really just normal that you would really thought

on something like this because the market is totally unpredictable and theres no way that you could predict on whats ahead in terms of price which it is a matter of risk taking whether you do secure profits
or would simply hold for long term aspect and  this is actually talking about preference because not all would really be having the same mindset.

R


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Gayong88
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March 11, 2022, 09:03:33 AM
 #198

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion


Just look at the chart at 4 hours 15 minutes as a guide, if the fundamentals are strong my choice is HOLD, if the coins we get from the bounty, I don't think it's something to be afraid of, but where the market will go at least we should be able to read it.


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March 11, 2022, 10:27:08 AM
 #199

I always have a plan when to sell, I divide the price into three conditional levels.If the price reaches the third, then I sell without any hesitation.It is important to correctly compile a portfolio and at any time be ready to sell those assets that you have prepared.The decision must be made very quickly.

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wmaurik
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March 12, 2022, 06:27:51 AM
 #200

No, it wasn't clear if he didn't explain more about t.a but it's fine that he gave some hint on what method he used to know if when is the right time to sell or buy. AFAIK t.a is a huge topic so discussing everything on this post can be time consuming and he cant just copy and past everything there but better if he can create a separate thread for this matter but I think there are already topics like this in this forum, if not then you can just search it in google.
Thank you for the directions and I've also tried to find it via google for me to know before I act because so far I've only relied on the top coins so I haven't received much badness.

Quote
No people are good at t.a and even him, he was also a noob before but that doesn't stop him from learning it. If you have a passion for one thing or if you are really eager to earn income in crypto you will learn almost everything.
Yes, for now, I haven't fully learned about the new things needed for the crypto space, even though if you look at the percentage, almost 90% of the knowledge that I currently understand, so there are still a few other things that I'm lacking at this point.

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