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Author Topic: How do you know when to sell?  (Read 2870 times)
Luqman
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March 06, 2022, 10:33:45 PM
 #141

there is no pattern, it all depends on the right momentum when we make a profit from the capital we have issued, that's the pattern or method that I always do, because I never hold back too long I don't want to be afraid and regret if I hold it too long and at the wrong time. .right, we don't sell..
Selling when you see a profit is the right thing to do instead of having to wait a long time where the possibility of losing is still very open, so as long as the strategy you develop can be very good, then it's okay to keep running it until now and never stop for reasons bad market.
I learned from previous experiences when I set too high a target to take profits, unfortunately until now, the coins are still not sold, or not getting the target. hahha
That is why I learn that everything, if I am not for long term investment, better to set the target as possible as we can, as realistic, and also not too high. Taking profits when it has reached a certain price and certain times will exactly make me better than waiting for a longer time to sell but the price does not meet again and again.
Because basically, I am so far not a kind of long-term holder for sveeral coins or tokens.
I agree with you all that it no needs to force to target the very high profits because we may miss something worthy there
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March 06, 2022, 11:35:32 PM
 #142

Actually selling your tokens has no exact time, it all depends of target price when to take profit. You must set price for you to satisfy your trading needs during the buy and sell process that you made. With that taking profit big or small is the best results.
we must have exit market strategy to our profits could locked and not turn to loss. alot people, included me hope price will always rise 10x 50x or even 100x only in short time. safe our capital and let the profit run will save our money from rekt and psychology will be better.

I don't have a special pattern in trading cryptocurrencies. if I want to buy, I usually see what the lowest price of the coin I will buy is. and I put up at that price. Likewise, if I want to sell, I put the highest price of the coins I have bought
its simple strategy but profitable and hard to do because usually traders greedy and the forget about taking profit

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LastKiss
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March 07, 2022, 06:34:41 AM
 #143

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

Well, I trade when I got profit that I prefer and not be too greedy, right now the market is really uncertain and has high volatility. There's a sad feeling when I forgot to sell in the end the price of my coin drop and keeps dropping, from there I learn something to become not too greedy because it will prevent you from gaining profit.

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Vinaa77
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March 07, 2022, 06:50:01 AM
 #144

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 we have to know when the coin is suitable for purchase, because in the market there are quite a lot of coins that appear that do not provide a good selling value, different coins have different potential to strengthen, because there are coins that are influenced by hype in running, while some other coins are influenced by demand, usually coins like this that have potential value to grow, so to know this condition, knowledge is needed in analyzing the coins we want to invest, following people is not a fixed step, as long as there is no separate analysis in carrying out investments
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March 07, 2022, 07:07:21 AM
 #145

Quote
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 just look for News around the Crypto market. I know that many newbie are already entered So i did not look for 2x or big  profit. When bitcoin down i take entry and use only 20% of my portfolio. When i get 7%-10% profit i sell my coin.

Quote
Do you regret not selling your coins at any point because you didn't know it will drop ?
Yes  i did not sell my solona at top and now its down from ATH. I hope when market become bullish it will reach 200$ atleast.









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S3300
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March 07, 2022, 07:57:25 AM
 #146

You don't have to know when to sell you just have to make up an exit plan, take profit when you meet your target, buy a token at 0.01$ and wait for 0.20$ to sell and don't be greedy once this become a reality take your profit, the only coin I can refuse to sell when at the top and still keep holding is BTC, you all know why.

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March 07, 2022, 08:03:48 AM
 #147

I will sell when the price has risen enough to make no upward trend. No one can definitively buy at the bottom and sell at the top. This requires you to have absolute insight into the market. It seems to me that I will selectively sell at a profit when the price of the coin is higher than what I bought it. When the price lowers, I will consider buying again. Don't fret when you miss a price high, you can hold on to it and wait for the next high to come.
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March 07, 2022, 08:08:31 AM
 #148

I know when NOT to sell - right now. As the price seems to be as low as possible, with chances to go even lower. With every cryptocurrency purchase I've realized that its value can go to zero. When I clicked buy button, I was already ready to lose the money. I would rather see how value of my crypto goes to zero, then sell it low and let someone earn. When you buy, you either already lost or be ready to wait long for profit. That is my vision.

 
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March 07, 2022, 08:09:53 AM
 #149

Indeed, sometimes I regret taking profit too quickly as the OP in question, long before my current situation. Meanwhile, if the price is too calm, the price will touch the base and roof levels that are more than the target. from that, it's true what @marcous said greedy often lands and this is an art where we have to make peace with ourselves so that greed can be minimized from risk.
indeed, for trading with the @S3300 style, it has its own reasons, I personally take 3-5% of each asset that goes up while the stop loss is at -1%, of course everyone's technique is different, do what your heart thinks is right. Don't make predictions from someone else's trip, if for reference maybe it's good enough

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March 07, 2022, 08:22:33 AM
 #150

You don't have to know when to sell you just have to make up an exit plan, take profit when you meet your target, buy a token at 0.01$ and wait for 0.20$ to sell and don't be greedy once this become a reality take your profit, the only coin I can refuse to sell when at the top and still keep holding is BTC, you all know why.
BTC is a very good common asset nowadays so it's hard for everyone to reject it and sell it at a high price, but for other coins I think it's really worth selling and the strategy you said is a very good strategy too for everyone now without there must be greed in it
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March 07, 2022, 10:41:17 AM
 #151

There is no cycle you can rely on to accurately plan when to sell because each cryptocurrency has its own history and uses.
it is best to do your own research, and keep looking for the best and most accurate information about the project or coin you are investing in and discard assets that have no future.

and there is no right time to sell because the market is unpredictable and only one correct answer is to buy when the price is low and sell when the price is high and profitable, depending on your desires and goals.

A correct answer indeed but a very difficult to execute and patterned your investment.

We can't accurately predict the market to where to go. The only thing we can do is to anticipate according to how we foreseen
our assets and how we do trust the team behind.

You can buy coin that falling in value if you know deeper the plan inside the developing team, it will serve as opportunities to
buy and hold.

That's most of long-term investors are doing, even it takes time as long as profit is possible they will grab and wait.
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March 07, 2022, 05:03:33 PM
 #152

I think you have made a decent advance in your first sell of coin that you saw that it siphoned higher at a point and dropped that you at long last made up brain to sell and got some benefit. I can show you isn't to be too ravenous in exploiting. Since in the crypto world anything can occur. Costs can change consistently.


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erep
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March 07, 2022, 05:57:55 PM
 #153

Can you share your opinion
Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.
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March 07, 2022, 06:08:27 PM
 #154

Can you share your opinion
Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.

Yeah, having a target profit per trade is really great. Usually, the problem with new traders is that they are trading with the expectation of making huge  money from one trade, which causes them to lose. They are up like 100 percent and still not satisfied, so the market bounces back and they lose. Implement that type of strategy and set a reasonable profit target as well as a stop loss so that you do not lose all of your money and learn to control your emotions
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March 07, 2022, 08:28:02 PM
 #155

Personally, if the market is going up and I feel it is profitable, then I will sell it, so I can't really stick to when the time is right to sell or buy it. it all depends on the conditions of the crypto market itself. Usually, when the market is down like this it will take quite a while to recover, so this is a good time to buy a coin at a low price and hold it. if you are asked if you regret it or not when you pass a good moment to sell or buy, then it is already a risk, therefore we have to think about it and analyze it carefully first. not that I never regret it, but it will be better if we focus on the next trade or strategy.
Sticking to one specific price target can be boring because we usually aim for a high amount and that doesn't come too easy but if we don't set such a thing, we are free to sell whenever we like. Seeing small profits on your hand can make you feel more motivated to go for more, the same thing when buying but one cant tell when will the price recover. The price can recover maybe later or the next day who knows? So, don't be confident with yourself too much.

What makes you think having regret is a risk? I think this is normal if we talk about good moments because they are rare but you still missed them, what a shame but we can learn from this and not repeat the same thing.

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March 07, 2022, 08:57:34 PM
 #156

Unfortunately, I have regretted the decision to sell many times, mainly because I was reacting because of my emotions. When you are watching the chart all the time and suddenly you see a very large drop in price, emotions cause panic and you want to sell. It was only after some time that I managed to control it. To avoid such situations, I try to plan at what price I want to sell if the price increases and also how much I can lose if the price drops. I just set my strategy before investing.

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ardydyon
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March 08, 2022, 01:49:07 AM
 #157

Right now I don't have a definite pattern that can be used to determine the right time
selling or hodling the coins I own. sometimes I regret being slow to sell the coins I have
and the price of the coin is bearish and I am losing and it takes time to take advantage of the coin because
waiting for the coin to rise again.
there are many chart techniques that must be studied to find out the signal the coin will decline we can sell it before it happens

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March 08, 2022, 10:09:54 AM
 #158

You sell when you are in really good profit, it’s as simple as that. Most coins follow bitcoin so we see-large rises after the bitcoin halvings. The next halving is 2024 so buying between now & 2024 is a good idea because you can sell a portion of what you buy between 2024 halving & end of 2025 for handsome profits.
The best time to sell is during that time frame I highlighted when mainstream media is filled with bullish crypto news & retail investors/noobs buying is making the price fly high.

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March 08, 2022, 10:22:33 AM
 #159

Can you share your opinion
Holding goal is to expect to be able to sell on ATH but long term holders can rarely can reach full confidence level in new altcoins except in the top 10 coins, actually no cycle has an exact accuracy pattern for perfect profit, I apply a simple pattern when the market increases as an opportunity to earn +50% profit from holding altcoins and reanalyze the same altcoins when the price dips for a second profit opportunity.

Altcoins are usually pumped and then dumped, that of course depends on which coin you have on your portfolio.
If it's not on the top 10 list, then I am certainly sure that 50% profit might enough to sell, but If you're looking to maximize your profit then go for a hundred percent which is way more riskier.
To answer the OP's question, there is no indicator on when will be the perfect time to sell because we as an investors have different preferences and different goals.
The only thing that you don't want to do is to sell trying to cover losses.

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March 08, 2022, 10:55:16 AM
 #160

I don't know when is the right time to sell, I think if you have made a profit it's the right time to sell my advice hold and don't be in a hurry to sell, especially the top 10 coins have a great chance in the future

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