tarable
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February 16, 2022, 11:27:07 PM |
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in determining the right time to sell is not an easy thing except the right time to buy. if you buy, it is very good to do when the price of the coin is experiencing a decline. for me regret will occur when selling 100%, because a good strategy or pattern in my opinion is not selling 100% of the coins or tokens owned.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target.
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Japinat
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February 16, 2022, 11:41:02 PM |
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in determining the right time to sell is not an easy thing except the right time to buy. if you buy, it is very good to do when the price of the coin is experiencing a decline. for me regret will occur when selling 100%, because a good strategy or pattern in my opinion is not selling 100% of the coins or tokens owned.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target. For me, the best time to sell crypto is when it reaches it new ATH. But since its hard to predict if its the new ATH, then set a target selling price wherein you can gain even half the price from the time time you bought it. As long as you will never lose, its always a good time to buy. Just like the best time to buy is when you are ready to buy considering you have enough funds to invest without touching the funds intended for bills and emergency cases.
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rodskee
Full Member
Offline
Activity: 2548
Merit: 205
yahoo62278
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February 17, 2022, 12:27:52 AM |
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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
The only simple and safe answer? try not to be greedy mate because mostly it is our attitude that brings us to failure , as the more we desire to make more profit is the more you forgot when to get out and this happened to me many times before. when buying we must determine how much we wanted to earn and not that you are expecting forever earning. putting at least 10-30% income is more than enough than losing because of your greediness.
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savetheFORUM
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February 17, 2022, 06:43:00 AM |
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For me, the pattern I follow for selling is when the price on the token is going up and I am in serious profit. I sell when I am in profit, that's all. Of course, I have regretted on several occasions for not selling when the price went up. But, I guess the crypto space generally is filled with such regrets
But, even in real life we also have our regrets. It can be regret in terms of relationship, in money handling, and so on but it is taught us some lesson. Same here in crypto but I think the main lesson here that we learn is to not being greedy next time we have an open opportunity for selling. Your pattern of selling your coins the moment your in profit is a basic pattern that majority of us are following. Why are we here anyway? Because to profit, right? Although there are also people that sells at loss. I think these people were only caught up on the dump and are not prepared to sell their assets. That is the mistake that they need to correct the next time they engage here.
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tarable
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February 17, 2022, 09:02:38 AM |
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in determining the right time to sell is not an easy thing except the right time to buy. if you buy, it is very good to do when the price of the coin is experiencing a decline. for me regret will occur when selling 100%, because a good strategy or pattern in my opinion is not selling 100% of the coins or tokens owned.
The selling portion is at a high price although not many people know what is the highest price that a certain coin or token can reach, that's why everyone recommends setting a target selling price after buying it at the lowest price, for example like taking a profit of around 15 to 25 % of the price you buy one of the good strategies in trading and it is more logical in targeting profit. but if the purchase capital is made when the coin price decreases, it will be very possible 15 - 25% to be the next selling target. For me, the best time to sell crypto is when it reaches it new ATH. But since its hard to predict if its the new ATH, then set a target selling price wherein you can gain even half the price from the time time you bought it. As long as you will never lose, its always a good time to buy. Just like the best time to buy is when you are ready to buy considering you have enough funds to invest without touching the funds intended for bills and emergency cases. set the selling price above the minimum purchase price of 10-15% and it works, for me that's a pretty good target in trading, where we are always on the winning path. You are right that predicting when the latest ATH will occur is quite difficult. In carrying out buying and selling activities in crypto, you should not be greedy.
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kojektea
Sr. Member
Offline
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
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February 17, 2022, 12:00:57 PM |
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Actually there is nothing definite about the pattern for where we should sell it, usually we already have a target for sales such as 10% of what we buy, we mean taking 10% profit per transaction.
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Slow death
Legendary
Offline
Activity: 3192
Merit: 1129
Leading Crypto Sports Betting & Casino Platform
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February 17, 2022, 12:14:11 PM |
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when the price of bitcoin or altcoin increases a lot for a short time without having any kind of drop and then it gets stuck at the same high price then this is a sign that the next move will be a price drop, of course the peso is price view the 4 hour chart to see if there is any price reversal that indicates a price drop. you also have to pay attention to the news channels and what motivated the price to increase because that can also dictate when the price will drop a lot, because after people realize that the good news is gone then they start selling
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DonFacundo
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February 17, 2022, 01:04:35 PM |
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I don't think if you can determine when is the right time to sell your coins, because the market is unpredictable. I just wait my coins to increase and I will sell them if I'm satisfied with my earnings.. Sometimes I regret when I did not sell my coins at high price but it's okay I just accept my lost and move on.
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rby
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February 17, 2022, 01:14:42 PM |
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When I hold for long and the fundamental analysis is changing very fast I will follow the trend and sell out. But if I am spot trading, I sell my coins when I make the profit I wanted before entering the market
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gantez (OP)
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February 18, 2022, 06:04:28 PM |
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in determining the right time to sell is not an easy thing except the right time to buy. if you buy, it is very good to do when the price of the coin is experiencing a decline. for me regret will occur when selling 100%, because a good strategy or pattern in my opinion is not selling 100% of the coins or tokens owned.
I think it is right not to sell all the unit of coin you have at a time, like doing a 100% sell of everything. This is because that coin you sell may rise more than you have sold and that can happen to be more profit from the time you sell. I hardly sell every unit I have but before I do such I do my research in different aspect. 1. To research the team that is running the project. 2. To research if the project is getting more attention from the public and community. 3. To research maybe they are creating better ground for the project. I do those research before decision to sell or hodl.
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LUCKMCFLY
Legendary
Offline
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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February 18, 2022, 09:03:44 PM |
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It is very difficult to know what the price is like before selling a coin. If you sell, the price will definitely go up, this always happens to me But if you are holding it, the price starts to drop suddenly and sometimes you may have to hold it for years without selling. This is so annoying. If you want to make money, you must set target prices. When it comes to that price, you can sell the coin in your hand. This is the most reliable way Just make sure that you follow what your target price is and do not be greedy when the market is rising and decided to hodl a little longer because this can fake you out and you will go back to start again. Worst thing can happen is the price can take longer to recover and you will get bored of waiting to the point your gonna sell your assets. Patterns come in many forms, it can be the movements in the charts and there are patterns with the year or the dates. There are times that prices repeats if we compare it with previous dates. We can rely on them if we are not sure if what are the prices will be and the most important thing is to not regret after you made an action. I agree with your view. Regret doesn't do you any good when investing. We must be as patient as possible and monitor investments regularly. If we think the price will drop and technical analysis shows that it will, it can be very useful to sell and buy again after the price drops. But of course the most important point is to have the target price. Or you may regret it In investment you can never regret decisions, in a book that I read very interesting, it is called: "The little book that still beats the market" they speak precisely that every action, (in this case currency) should be studied very well scope and long-term future to decide whether to invest there or not, taking into account certain fundamentals, when the study is ready, buy and wait, now if the market goes down, follow up, because the ideal is to withdraw when profits are obtained , not before, before if he withdraws, if it is a good time to suffer regrets, the only option left in these cases is to wait until at some point the investment is recovered again.
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Renampun
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February 19, 2022, 12:20:35 PM |
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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
Crypto is not like forex or stocks, it's completely different. very difficult to predict the price... So far I sell assets when there is bad news about Bitcoin because usually the price of bitcoin will down and other altcoins will follow. Besides that, I also don't sell all at once, usually in stages, the same as when I buy, I do it gradually. keep using the logic that crypto prices are very volatile, they won't stay on top, and won't stay on the bottom forever.
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Pujangga
Member
Offline
Activity: 1078
Merit: 12
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February 19, 2022, 03:20:27 PM |
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Most of what happens is buying when the market is green, I'm sure a lot of people are selling when the market is red like today, but if the market goes up tomorrow they will buy, this is a mistake that often happens and in my opinion the simple thing to sell is when you make a small profit .
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Sled
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February 19, 2022, 03:42:30 PM |
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WHEN TO SELL? Please ask in your self then as only you who could decide as for me, I do selling once I have a profit already and when I was satisfied with the price. Can be just a day or hours, depending on the market situation. Perhaps, I'm not a fan waiting for many years, so I sell them right away. If I'm off work I usually trade daily, I usually buy new listed coins and if I've profited at least 50% then I'll sell it, this simple technique is certainly not 100% accurate but the thing that makes me happy is that I can learn to analyze and trend in market.
Most important is that you seem happy with what you are doing. People like that have no worries to lose their time waiting for the right time to sell, even they are going to wait months. I congratulate you on that but have to say that investing in new coins are at terrible risk if not managed well and also if you are investing shitcoins as in most scenario that new projects are scam.
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Altryist
Legendary
Offline
Activity: 2254
Merit: 1413
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February 19, 2022, 04:42:34 PM |
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Yeah, the right time to sell your coins is in your hands and so you have your own decisions you can sell it whenever you want to sell. But when the price is up that the time you sell your coins and for sure you have a profit in that causes if you sell when the price is down and then I'll tell you sorry for your loss. Anyways selling is not just easy you need to study the movement of the market in order to avoid losses.
I try to follow the trend, mostly daily and weekly charts. And when I see that the trend is changing, then I decide to sell, or not. It is not always easy, but over time I have developed my own strategy for myself and am guided by it. It is very important to make decisions yourself, and not listen to someone else's advice, because you will not learn anything this way.
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wheelz1200
Legendary
Offline
Activity: 3780
Merit: 1418
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February 19, 2022, 05:37:11 PM |
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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
Don't listen to anyone when it comes to when you should buy or sell for that matter. Track market movements and individual coin movements and you will see patterns that form that you should review for yourself. You can apply the same TA and argue its a good buying point and good selling point depending on your outlook of the TA.
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nimogsm
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February 19, 2022, 09:52:41 PM |
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For each asset that I hold, I always look for news and check them every day, I also watch political news that can affect crypto history, they can also give the right signals.In such moments, it is important not to be greedy and sell on time so that you do not fix losses later.
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Shasha80
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February 19, 2022, 10:03:39 PM |
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Everyone has different research and analysis results, then everyone also has different targets. So only we ourselves know when is the right time to sell our coins. The general answer is that when we're already profitable it's the best time to sell. It's quite simple actually investing in crypto, we will sell our coins when it is profitable. But the reality is greed overwhelms us, we want to always make a big profit. That's why many investors miss the opportunity to make a profit. Because of their greed they finally put off selling their coins and the price of the coins suddenly dropped. There they panic sell and they experience losses.
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Adbitco
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February 19, 2022, 10:14:41 PM |
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There is no specific time to sell it all depends on your targets as a trader what do you really want to do at time mostly counts, you might decide to sell at the moment at the price turns against you and move to bullish trend leaving you in regret for not selling at time. so you most be specific of what you wanna trade i.e, daily, weekly or monthly and set up trade for me i includes OCO maybe when market gets to my required target it gets triggered and when its becoming to low it also cancel my orders at this point you won't regret of any mistake. i mostly make use of Binance exchange its more user friendly.
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8rch7
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February 19, 2022, 11:19:49 PM |
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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
As far as I know, there are two ways of analysis to predict the price movement of a coin, namely fundamental analysis and technical analysis. Fundamental analysis is usually determined by observing issues that affect the coin, such as global economic conditions, events (especially those related to the coin), and others. while technical analysis is determined by observing the indicators on the chart, such as EMA, MA, volatility, and others.
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