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Author Topic: How do you know when to sell?  (Read 2810 times)
Wildwest
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February 12, 2022, 11:35:12 AM
 #41

There is no specific pattern that we can see to determine that the coin will be sold, but when there is an increase then that's where we will sell the coins we have so in this case we must always monitor the state of the market and coins that we already hold because there is always positive and negative news to avoid big losses, There is no regret that occurs if the coin we hold is in decline but we must be patient until it can increase again.

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February 12, 2022, 12:35:39 PM
 #42

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
Regrets can happen anytime especially if we miss the market and not going to sell our coins at a higher price. But I don't think we make this a big deal coz whether we like it or not the market is still unpredictable and so such a perfect time to sell.

I endure not, as losing the chance to sell them before the drops happen is very natural and we can't make it right even we are checking the market price every hour. Coz if there is only a way to know what happens next, I think we are all happy and rich this time but unfortunately, the market isn't designed like that.
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February 12, 2022, 12:52:34 PM
 #43

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
For me, at the beginning of when I started to invest or trade for a particular cryptocurrency, I have a plan or price target when will I start to sell, portions or most of them.
Another thing is a change of mind or invalidations, let's say if you are using the chart to speculate then you used some patterns and turn to the opposite.
Or if you are just holding, for me, selling sometimes when I want to switch to another project, or I already in lost, like using stop loss or my price target is already reached.

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February 12, 2022, 01:23:47 PM
 #44

There is no specific pattern that we can see to determine that the coin will be sold, but when there is an increase then that's where we will sell the coins we have so in this case we must always monitor the state of the market and coins that we already hold because there is always positive and negative news to avoid big losses, There is no regret that occurs if the coin we hold is in decline but we must be patient until it can increase again.
I'm a little confused by what you're saying so you need to clarify this clearly because when there is a downturn in the market some people will still regret buying at a high price, while those who haven't bought at a high price will be very happy because you can get coins at a cheaper price.

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February 12, 2022, 01:30:35 PM
 #45

there is no special trick in my opinion, what I do is just often see the development of our assets which we think have good potential, I myself have a lot of tokens that I got in campaigns on this forum but not all of them have them. high value and that's where we have to be very careful, we have to be very active in looking for information and also have to be consistent in time so as not to forget which assets we should keep or sell.

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February 12, 2022, 01:31:36 PM
 #46

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
First, In trading you should always your target price, you set up everything your profit price, and your cut loss level so in this way you can be more effective trader which is very important.

Second, regret for not selling is pretty normal to those who don't have cut loss level and of course for those who only knows how to Hold. This is also a normal human behavior, to regret things especially on losing money.

Be a good trader, always analyze so you can know when to buy, sell and when to cut loss.
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February 12, 2022, 01:37:12 PM
 #47

there is no special trick in my opinion, what I do is just often see the development of our assets which we think have good potential, I myself have a lot of tokens that I got in campaigns on this forum but not all of them have them. high value and that's where we have to be very careful, we have to be very active in looking for information and also have to be consistent in time so as not to forget which assets we should keep or sell.
Not any trick just spend all time with checking price every hour or every minutes, I just as limit order buy and sell without waste all my time with trading, after my order filled I will use sell limit order and spending profit above 5% and use two or three kinds price for selling coin, example I sell BNB 30% my assets on 405$ then 30% on $420 and left sell it on $450, not use all in with the same price. I think is really worth when some coin pump drastically I have filled with many type price for selling.

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February 12, 2022, 01:51:27 PM
 #48

If anyone knows when we sell then everyone will be rich and no one becomes a bounty hunter, I have known cryptocurrencies since 2012 and almost all the latest analysis I have used to be able to give the best advice for selling, unfortunately everything did not work perfectly so that happened often the opposite, buying when it is expensive and selling in a panic because of a sharp correction.
In 2012 there weren't many cryptocurrencies that could be traded in the market except for Bitcoin and a few tokens that weren't well known, but a year after that there were just a lot of excellent coin options to trade including Dogecoin at the time even though the price increase was only a few satoshi, so that's all is history that will never be repeated in the following years.

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February 12, 2022, 01:53:04 PM
 #49

when you decide to sell there are 3 possibilities that will happen after. possible 1st possibility that the price will continue to rise, 2nd possibility that the price will stabilize at that price, and 3rd possibility that the price will fall down.
I personally decide to sell if the price of the altcoins I hold rises by about 7-10% in a short time. then I wait for the price to go down again to buy because after the price goes up about 7-10% usually the price will go back down for a while. but the 3 possibilities are still there because not infrequently I have to wait a longer time to buy again because the price continues to rise or is stable.
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February 12, 2022, 01:58:57 PM
 #50

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

We have no control over the market, I have been a victim of wrong perception and false insight there's no use in regretting selling and not selling at the right time, this is market volatility and that is why we should only invest what we can afford, but if we are holding the right coins/tokens we have nothing to worry because at some point we can regain our losses and make a good profit, we just have to do a lot of research and follow the development of the coins in our portfolio.
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February 12, 2022, 02:07:02 PM
 #51

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 do not regret because I know if it drop and it is also the nature of crypto that it grow again. In crypto we get that opportunity again and again and know we are well aware of that nature of crypto.
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February 12, 2022, 02:16:18 PM
 #52

How do you know when to sell? We had to feel the market sentiment and make use of our instinct rather than soliciting other opinions as these people are certainly don't know as well. It simply, they are also speculating the market just like you did.

But I have a tip for you,
Make the sell of your coins at a higher price compared to the price when you bought them. If you are not satisfied with the price, then make it hold until you've got it.

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February 12, 2022, 02:28:36 PM
 #53

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

In some cases, my decision of selling depends on the capability of a coin but since crypto is too unpredictable, I usually set a target goal and sell my holdings when I reach it. Dealing and taking every market situation as an opportunity to take profit would be the wisest thing to do. That's why we're always advised to study about technical analysis so we'll know the possible movement of the market.
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February 12, 2022, 02:34:28 PM
 #54

I will sell my coins when I reach the target I want I didn't research the trading chart as soon as the price was enough I thought I would sell it immediately, at the beginning I often felt regret because I was greedy and was always dissatisfied and in the end the price went down again, so In my opinion, make your profit target and if you have reached it, take your money immediately.


I think many hodlers too have regreted sometimes like you when they are feeling price will continue to increase but got disappointed never to know that was the top so far. Making a target like your decided to do look nice and to get off when it is time but that target also can be affected by greed to get more profit   Smiley.


But I have a tip for you,
Make the sell of your coins at a higher price compared to the price when you bought them. If you are not satisfied with the price, then make it hold until you've got it.

This is such nice approach. It is making of the mark of when buying and percentage of profit that is expected but sometimes the expectation is hardly reached before dropping.
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February 12, 2022, 03:54:42 PM
 #55

I will sell my coins when I reach the target I want I didn't research the trading chart as soon as the price was enough I thought I would sell it immediately, at the beginning I often felt regret because I was greedy and was always dissatisfied and in the end the price went down again, so In my opinion, make your profit target and if you have reached it, take your money immediately.


I think many hodlers too have regreted sometimes like you when they are feeling price will continue to increase but got disappointed never to know that was the top so far. Making a target like your decided to do look nice and to get off when it is time but that target also can be affected by greed to get more profit   Smiley.

I know their mentality at that time. They when are in the rising they think that now the price will continue to rise continuously and when they see a little back way of the price they think that it is a little correction and after that the rally will begin on its way again. But when a deep drop happens they regret that previous time.
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February 12, 2022, 04:01:16 PM
 #56

I have been always creating pattern to predict the market direction especially for bitcoin which is leading the crypto market. Once you can identify the bitcoin direction and you will able to predict the direction of crypto market. The market is very unstable at this moment and im always taking the advantage to do a swing trade in this situation. I never regret to sell my profit even when it was too early.
It caused by i care about how much profit that i got it from there. It's not only about how much you can make it from your tokens.
It's about to get regular profit from the market. I never regret even if this will increase a lot.

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February 12, 2022, 05:06:13 PM
 #57

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.

Those things you mentioned is a group prediction or signal from other social media, but actually you can know when to sell your cryptocurrency through support and resistance of crypto chart, actually before you sell you have a target of 1 is to 2 risky rewards ratios, or 1 is to 3 and 1 is to 4, this is base on your target as i Stated before, so the summary of everything is your targeting point

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February 12, 2022, 05:20:35 PM
 #58

Most of us don't know when is the right time to sell even I would say it's not easy to analyze when is the right time to quit the trade so I always set the targets for my trades sometimes it hits sometimes I missed also but I don't sell it in loss I always believe in the holding. I would advise if you also don't know when to sell you should also set the target that is feasible it's not like that you set the target 10x or 20x that is not easy to achieve.

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February 12, 2022, 05:40:44 PM
 #59

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

No one can really tell you when is the best time  for you to sell , it is only you who will make decision when it is well suitable for you
to sell. You will know when to sell as the price gets increasing then  you will get prepare to
Sell it at the price of your own choice.

R


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February 12, 2022, 05:45:42 PM
 #60

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
Regret or greetful is something common in crypto trading. But all of it is depends on how our emotion can be affected when we doing trading. Like if we regret, just don't let it keep going and do something maybe to minimize our loss or strenght our heart so we are not afraid to hold the coin longer.

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