How do you know when to sell?

[gantez]

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

[1714671075]

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[deean_3one]

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

I don't have any pattern when selling. All I know is that this coin is going up and giving me a lot of profit.

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

Of course. When the price goes up I try to wait for it to be even higher but the truth is that the price of the coin falls.
And one thing I can teach you is not to be too greedy in taking advantage. Because in the crypto world anything can happen. Prices can change every second.

[zasad@]

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

It is very difficult to buy at the very bottom and sell at the top, so develop a little strategy for yourself.
The simplest strategy is to sell 50% of the coins after a 200% rise in price and take your money, and then wait for the market to grow. Or sell in parts with limited coin growth, for example, the price of a coin has increased 4 times, you sell 25%, and so on.

[Mevludin]

Hi,

this is my first post in this forum. Hopefully this helps a little bit.

For example what I did on Anyswap:

I bought at 17 $ becourse in my opinion it was the only bridge/crosschain swap that was not effected from any hack or so on (this time ;-) - if you see multichain today)
It was worth nearly 30 $ one day. I tried to sell it if it doubles 2 times. And this was my mistake for this time. It was the first coin/token I ever bought. Meantimes it was again at 18-19 $ due to the bitcoin fall to 32.000 $.
So I said to myself okay- 2 times is maybe not the best target. Try 1.5. And sold it at 25 $.

I will implement this for the future as I`m a newbie completly. If I find a coin or token that suits me - I´m really satisfied if I can reach the 1.5 increasing and let it go. Until I get more expirience, hopefully it works well for me.

[gantez]

Hi,

this is my first post in this forum. Hopefully this helps a little bit.

For example what I did on Anyswap:

I bought at 17 $ becourse in my opinion it was the only bridge/crosschain swap that was not effected from any hack or so on (this time ;-) - if you see multichain today)
It was worth nearly 30 $ one day. I tried to sell it if it doubles 2 times. And this was my mistake for this time. It was the first coin/token I ever bought. Meantimes it was again at 18-19 $ due to the bitcoin fall to 32.000 $.
So I said to myself okay- 2 times is maybe not the best target. Try 1.5. And sold it at 25 $.

I think you have made a good step in your first sell of coin that you did observe that it pumped higher at a point and dropped that you finally made up mind to sell and got some profit.

I will implement this for the future as I`m a newbie completly. If I find a coin or token that suits me - I´m really satisfied if I can reach the 1.5 increasing and let it go. Until I get more expirience, hopefully it works well for me.

You have adopted the start small pattern. I believe that is good too as you begin to have experience because greed is risky let you lose all

[khiholangkang]

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

No

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

Can you share your opinion

Yes, so don't be greedy, take profit if you get a pretty good profit, at least put a stop loss so that when the market experiences a situation we didn't expect, we don't lose too much.

[DevFile90]

It's smarter to take profits even if you like the coin and want to hold for a long time, sell when the price surge high and wait for another dip because that's how crypto works another dip is necessary then buy back for low price this will increase the numbers of coins you have.

[JrRini]

You have not stated clearly what you want to sell.  And besides, if you want to sell USDT then you have to pay.  You can use Corona virus to sell directly to any currency via p2p. It is very easy and if you want to trade.  From here you can trade risk free.

[Maus0728]

@gantez

Answering "when to sell" or "when to exit a trade" have a variety of answers that only your strategies can help you answer it. I highly suggest you to read a the wiki of this subreddit^[1] and watch some of CryptoCred's youtube videos^[2]. These resources can help you find a reason when to exit depending on the T.A and Trade Management.

[1] https://www.reddit.com/r/RealDayTrading?utm_medium=android_app&utm_source=share
[2] https://youtube.com/c/CryptoCred

[asriloni]

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

I have it and I'm always doing TA and FA to make sure I will be able to sell my crypto at the peak price and I will able to re-buy again once the price goes to bottom. That's why I have been making 4x for my crypto as I have sold at peak price last year and doing re-buy at the end of last month.

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

I don't regret it coz I have so many potential tokens in the market that can be seen as a good way to make money.
As long as you have thousands of ways to make money from the market and why do you need to regret it when you will able to jump into another token or coin? you must use your sense.
We are in the crypto market even meme token can give you decent profit as long as you can be early adopters.

[jrrsparkles]

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

Everyone have their own strategy and parttern which differs from what indicators they are using for their technical analysis. Or if you are a long term when you see the green for long term and you are satisfied with the return then just go for selling it.

Almost everyone regret about not utilising the opportunity but accept it and move on because we can't do anything about it.

[bitkanu]

I will always sell when i see that the pattern already reached the peak. I just try to sell 50% of my total portfolios and waiting for the best time to buy back again. Basically, the pattern can be predicted when you are often seeing it happened in the past. You must always use strategy to be able to prevent when the price of token goes up even higher  or go to the bottom. You didn't need to sell all of your tokens.
You can keep some to prevent it. this can be used as a way for you to anticipate the bulltrend that may pump your token to the moon.

[o48o]

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

Can you share your opinion

Answer to this would be holy grail and it basically contains the question when to buy as well. There have been thousands of ways to read the market from astrology to several technical analysis indicators and candle patterns. Sad truth is that even if you find one way that works some of the time, it doesn't work all of the time. It's a game of probability and there are several schools of thoughts how to do it.

My way is look for small caps with good fundamentals and estimating the potential for the marketcap growth with those fundamentals, putting my target and sale there and continue.

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

Sure, but you can't call the top all the time. Not even half the time.

[lousie9]

Everyone has a different strategy in this regard and for me when I hold an asset and see the hype of the asset is high then I will continue to hold the asset and if the hype has started to thin then this is the right time to release the asset and take profit from holding.

As long as the coin has the potential to continue to grow, there is no harm in deciding not to sell the coin.

[zulfi125]

To understand when we can sell your altcoin for profit, you need to learn the technical analysis of any altcoin, when the resistance level reach of altcoin that is the point to sell the altcoin but as a common trader you should check the crypto market BTC price when price recovered from $33k to $45k that was the point to sell your crypto to make a good profit and I suggest don't hold if you want to make good profit from trading and you can buy when the market on the dip.

[lobo13hf]

Sometimes when you are doing TA and you can use various strategy to know when you must sell your crypto. You can use RSI to identify the trend in the market and you can also try to see the daily volume. This will give you a small clue when people are preparing to dump their tokens to the market. It can be seen when you're seeing the chart.
The fact that so many people are doing various forecast anytime for this They are very busy to predict the direction of market and me too.

[Anonylz]

If you are not following the market base on TA to determine when to sell (not very easy to do) you can always do the simple pattern of selling when the price is very (maybe 70% of what you hold) and if the price will continue to surge or correct down,
Some use charts others to do the normal way, it all depends on you and what you feel is high enough, and if you consider yourself a diamond hand   you can decide to hold through high and low.

[Jackl87]

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 don't think that you can use patterns of charts or whatever to predict when a market begins to rise or to fall or whatever. What i think though is that you can just use common sense. For example if we are in a full steam bull market in which we where from 2020 until the beginning of may of 2021 then the longer the bull market lasts the more it becomes likely that a bear market is about to begin because a lot of people made huge profits in the bull market and will begin to cash out to secure those profits.
And yes of course i also regret that i did not sell back in may 2021 when my portfolio was worth almost 8 times more than it is now but it is what it is.

[Mpamaegbu]

Can you share your opinion

For your first question – I use Technical Analysis (TA) of lines and try to preempt the market from the little I understand of TA. It can't ever be perfect, I know, but it surely helps as a navigating tool for me instead of completely groping in the dark.

Your second question carries the weight of regret and I believe a lot of us here have either done that in the past or are still doing it. The only time investors don't regret selling is if they sold and price dipped. Otherwise, we tend to calculate what the difference in sold amount would be doing for us if we had heDl a little longer once price went in our direction after we sold off.

[el kaka22]

When I have enough? I do not really sell my crypto and usually keep it as long as I have to. There were periods in my life where I ended up selling but none of them were trading related.

First was in 2017 at the peak on December and all my friends assumed I made a lot of money but the reality was that I paid a big debt with that, it had been with me for nearly 2 years at that point and I was very happy to finish it off (mortgage) and I owned my house after that so it was a good deal.

Second was during early 2021, like January or February and used that to create my own project with bunch of friends, we failed and it didn't made me any money but we almost broke even so I didn't lose much (just a few hundred dollars, nothing big) and the latest was during this autumn, where I had to pay hospital bills for a family member. So, anytime I sell it was always a "good reason" but never about money.