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Author Topic: How do you know when to sell?  (Read 2867 times)
Ulven
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February 11, 2022, 10:03:00 PM
 #21

When you see that the market is ready to fall, wait and do not sell immediately. Bitcoin is a bit like a barrel of oil!! it has its own volatility, so you can observe it and learn it to understand when to buy or sell!!!
The optimal strategy is when you look at the graph, draw an average line (10-15 points). If the price goes above this line, then wait until it goes below the average line and buy. The same strategy works for short positions if the price drops below your chosen level.
The main thing to remember – do not panic! If you lose 10-20%, do not hurry to sell and wait until the price reaches your barrier.
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February 11, 2022, 10:10:45 PM
 #22

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 all depends for how long you've invested. If someone has invested on a long term basis, he or she does not pay attention to the momentary price fluctuations and simply waits for the planned profits or just for the next bubble. If someone makes a short-term investment, he should pay attention to very fast price changes. Usually, it is just right after such sharp and large movements in the price on market that there is an equally fast change in the trend and in such situations it is easiest to catch a good wave and earn.

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February 11, 2022, 10:21:44 PM
 #23

When you see that the market is ready to fall, wait and do not sell immediately. Bitcoin is a bit like a barrel of oil!! it has its own volatility, so you can observe it and learn it to understand when to buy or sell!!!
The optimal strategy is when you look at the graph, draw an average line (10-15 points). If the price goes above this line, then wait until it goes below the average line and buy. The same strategy works for short positions if the price drops below your chosen level.
The main thing to remember – do not panic! If you lose 10-20%, do not hurry to sell and wait until the price reaches your barrier.

maybe, this will work for bitcoin. but for the other alts, they have their own character and market performance. if you are into alts, you should follow the progress of what's going on with your coin, get some news tidbits from their social media channels. don't rely on the charts alone because there are some factors that you need to know why the lines are behaving that way. some are hidden on how the team is conducting themselves towards their socmed followers. sometimes you will get a hint if the project is about to be abandoned if they are not responding anymore. and the charts will not tell you about it.

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February 11, 2022, 10:45:28 PM
 #24

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
There's no such pattern because everything could really be random and there's no way you could know on what would be the future looks like and everything would vary on the demand and considering

that market movements do really vary on lots of factors neither it could be in fundamentals or simply following those technical analysis and this is why these things exist on the first place on which
you do need to learn up and make use of it for you to sustain this market despite of losses you had made out earlier.This would be a cycle but one thing  you should mind about is on
how to survive this wavy scenario.

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February 12, 2022, 02:09:11 AM
 #25

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
nothing like that. For all long-term investments, I only sell during bullruns or maybe when the ROI is over 100%.

Do you regret not selling your coins at any point because you didn't know it will drop ?
no, because from the start it was my choice. so no regrets even if my choice is wrong. but as long as I've invested in crypto, I've never had a problem like this. I always sell when the price has gone up high even though not during ATH. My regret maybe is that after I sold, the price went higher.
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February 12, 2022, 02:13:24 AM
 #26

I'm just consistent with my profit, no need to take it too high, if I target 150% profit in a month it doesn't matter the coin will go high because there are many potential coins. We are traders, not investors with large funds, it doesn't matter not to get big profits as long as we can take advantage of the moment.

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February 12, 2022, 02:57:29 AM
 #27

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
Those patterns won't let you accurately determine when  to sell your coins and when to hold. The market is very volatile and unpredictable. If people could predict accurately using the patterns/charts, everyone would be making profit. The best way is to set a profit goal. Once you reach the goal sell your coins.



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

Can you share your opinion
There is nothing to regret. As long as you are holding coins that are on the top or coins that are legit, you won't make any loss if you keep holding. You should only regret when you hold shitcoins and not sell them on time.

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February 12, 2022, 03:02:18 AM
 #28

i don't have any pattern, i just set a target at a certain price when i want to buy or sell it.

there are some coins that i really regret until now because i can't sell them at the right price and some others have become trash at this time. maybe at that time i was new to crypto and often did stupid things like greedy.
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February 12, 2022, 03:03:40 AM
 #29

Usually the easiest is to determine the profit itself, actually there are several indicators to help target sales such as Fibbonaci, but the accuracy is not always right, only where we want to sell it is there it is better to sell.

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February 12, 2022, 03:56:51 AM
 #30

I think it all goes down to what you are really after. If you are someone who is into long term investment, then it would be a different case. And if you are someone who is into short term investment, I think you would have to be relying on making use of charts with the help of technical analysis to be able to predict where the market will be going to within the next few minutes or so.

Because, if you are into short term investments or trading, and you’re not making use of technical analysis, then your success in this type of investment would be quite hard. But for someone who is into long term investment, they can rely on news and fundamental analysis. technical analysis as well can be helpful. They can also decide to make their decisions based on the past history of the coin that they have invested in.
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February 12, 2022, 04:02:21 AM
 #31

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.
That is true for most people, when they invest in a coin, all they know is just believe that the coin is going up, and if it eventually goes up they would sell and take their profit. But I think anyone who is making use of this kind of style of investment, they have to be very careful in the coins they choose. For example if you invest in Bitcoin and simply say that you are investing in it because you know that the value would increase in the next few years, then we are all sure about that.

Bitcoin is a coin that we’re all sure that it is going to increase in value no matter what. But that is not the same for other coins in the market, you have to make use of strategies that would ensure that you are gaining from what you are investing.

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February 12, 2022, 05:04:32 AM
 #32

When some good news, like some countries or any big institution will buy the BTC or any cryptocurrency.  I know that this is just for investors to be Overconfident to buy the token. So I sell all my tokens because I know that there is high chances that the market will be go down.
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February 12, 2022, 06:17:42 AM
 #33

Some indicators and help direct sales targets, but I usually use a simple way, by looking at the signal channels sent on telegram. Usually they give signals and sales targets, so they are not too dizzy.

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February 12, 2022, 06:27:59 AM
 #34

Best to do your own research. However, without giving trading advice, one view could be if you want gray hair early then watch graphs and ball-by-ball commentary on coins. Social media channels are full of "wen moon" and "why price down". Prices are probably in anyways determined by whales for the most part and there are probably more losers than winners if you count unique traders. If you go high risk with alts then a view could be to just get in and get out most of the time, but yet another view could be to pick a few projects with high potential and keep it for longer term as good projects tend to average out in an upward trend. Unless of course you are one of the few with enough resources and information to predict the future.
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February 12, 2022, 06:29:50 AM
 #35

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

Have price targets that are backed up by research.

And the key thing is that you should definitely set your exit prices before you get into the investment, and constantly re-evaluate based on the fundamentals of how the chain is doing.

Don't be easily swayed by public opinion in terms of sell targets. A lot of the times, the worst time to sell is when everyone is telling you that the market is going to tank.

You should also potentially adopt a "reverse-DCA" strategy where you drawdown on your position over time with regular sells. That makes sure that you don't sell at the bottom.

Smiley
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February 12, 2022, 09:30:53 AM
 #36

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 not too difficult to determine when to sell as when you have a target price to sell, you will wait until the price can be at your target price to place an order to sell directly. There is no right pattern to determine the time to sell because we all have different coins and target prices that we already made so you should find them by yourself. Sometimes I regret not selling my coins at a high price but I can accept that since sometimes, my target price to sell is too high than the market situation. In that case, I will lower my target sell price and place it in the queue.

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February 12, 2022, 10:44:28 AM
 #37

If we have set a strategy in terms of selling and buying coins, of course the level of regret that we will feel will not be great because when the price will rise and when the price will fall it is not easy for us to know.
So we need a strategy that we must use.
The thing that is still very difficult for anyone who wants to trade to know is when to enter and when to exit or sell, that's why some people still don't like to trade when it becomes very difficult to know even though the time of correction is the best time to enter market, but some people are still very scared I see.

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February 12, 2022, 10:45:55 AM
 #38

This is hard to know, usually I often make mistakes, when the price skyrockets and the profit is big I usually buy more, as happened with BNB when the price is more than $550 I buy a lot because of speculation the price will skyrocket again.
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February 12, 2022, 11:01:14 AM
 #39

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
Not really, almost all of my crypto investment is in Bitcoin, and since it's a long term project, I mostly just buy and hodl, and whenever there is a dump, I just accumulate more and hodl, but for investors who choose (short term) altcoins, then they may actually need to have something of a "pattern" to know when to sell, or just basically sell whenever they have accrued profits.
Do you regret not selling your coins at any point because you didn't know it will drop ?
I actually do not think investors should have any regrets after making profits and selling their coins, even if afterwards the coin pumps the more, cause there was no guarantee that the coin will continue to grow, it coul have as well dumped. And then to avoid regretting when a coin dumps when you're yet to sell, if you're hodling a pump and dump coin do your best to sell it when you have made profits just like I have said earlier.

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February 12, 2022, 11:23:41 AM
 #40

This is hard to know, usually I often make mistakes, when the price skyrockets and the profit is big I usually buy more, as happened with BNB when the price is more than $550 I buy a lot because of speculation the price will skyrocket again.
But if you still maintain your BNB that you bought at a price of $550 and still haven't sold it, then your assets are currently still in a minus condition so you also still need time to get a small profit or a very good profit with BNB

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