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Author Topic: How do you know when to sell?  (Read 2810 times)
btc_angela
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March 08, 2022, 11:23:53 AM
 #161

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

You really need to have a target price before you sell, that is the best advise I heard from season and veteran traders. If you have target price and if you have reach it, then no need to be greedy or look for more profits. It's better to sell and then what you have and then you go and invest on other coins that you think that will make you money. And then rinse and repeat. In about a month or two if you will get profits at least 10% of every investment you made then that is huge already.

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livingfree
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March 08, 2022, 11:49:42 AM
 #162

I do regret whenever I sell.

It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.

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March 08, 2022, 11:53:50 AM
 #163

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

You really need to have a target price before you sell, that is the best advise I heard from season and veteran traders. If you have target price and if you have reach it, then no need to be greedy or look for more profits. It's better to sell and then what you have and then you go and invest on other coins that you think that will make you money. And then rinse and repeat. In about a month or two if you will get profits at least 10% of every investment you made then that is huge already.
Yes have target about how much percentage profit for selling coin, I ever put limit sell order without waiting with price up because I am not active every time for checking my coin price, if have filled my buy order than I will sell my coin with limit order above 5% profit than my latest price buy, waiting with when my order selling filled and back buy other altcoin again. I think not have to wait until price is up because have any coin like WAVES today reach up suddenly and put selling price based on we want.
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March 08, 2022, 12:27:19 PM
 #164

I do regret whenever I sell.
Not, unless if you are selling beyond the buying price.

Quote
It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.
Sometimes we have to let them go. We can't make money if we just hold them, that was the reality. But knowing when is the perfect time to sell, that was our own decision.
For sometimes I do regrets as well, not because of selling my coins but that was because I miss the chance. I know sometimes we do holding, yeah I did for my Bitcoin but this never be forever.

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March 08, 2022, 01:27:58 PM
 #165

I only follow a single rule when the market is in an uptrend, wait for its highest potential and if there is any sudden down is come then this is the signal to take your profit and get away from the market. I follow this pattern but every trader has their own opinion.
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March 08, 2022, 01:40:23 PM
 #166

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 am a Technical trader and I take my decision based on technical signals which I believe is the best strategy for traders so I never regret when I sell my holdings in profit whether it is huge or little profit. When any coin/token is shows over bought on RSI Indicators on weekly or maximum on monthly time frame it is best time to take sell decision and it is not good to be over greedy. DYOR









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March 08, 2022, 01:53:41 PM
 #167

I do regret whenever I sell.

It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.

Why regret it? Selling is a result of your right investing. If you sell at a profit, it means that your calculations and analysis have paid off. You get something real, not ephemeral, like when you hold cryptocurrency. Of course, there are situations when the sale could be made later with more profit. But the money you cashed out may already be working. Whereas those that lie in the asset are inviolable for some time, they cannot be touched and activated.

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Emitdama
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March 08, 2022, 03:16:30 PM
 #168

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.
That shows that you don’t know what you want, seriously. Everyone goes through the same emotion but you have to be bale to have control over it. And I think knowing what you actually want is what would help to keep you in check and stop you from making the wrong decision due to when the market might have gone sideways.

I invest in a coin and the market starts being bearish all of a sudden, it doesn’t force me to sell my coins. When I look at the market and I see that I have achieved what I want yet, I am not motivated or pushed to sell at all, I would just leave it there for a better time. And when it gets to the level I want, that’s when I can decide to whether I am selling or not.
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March 08, 2022, 07:46:42 PM
 #169

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 ?
Knowing when to sell your coins isn’t something that you would need anyone to really tell you. It would have to do with the strategy you’re using, the target or the amount you feel is right for you. What just matters when you’re selling your coin is whether you’re making a profit or not.

There are some people who don’t know what they are doing in the market. They don’t know when it’s right that they should sell or not, no plans at all, just holding their coins and looking at it going from up to down and they have no clue of what to do. After everything they still end up selling at the wrong time and not making profit. There are people who think they are here to hold forever, and not knowing they can sell and buy back at low price and make profit.
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March 08, 2022, 08:19:59 PM
 #170

Depends on if you are "day trading" or in long positions. In both cases news and once more news.
Also know the coins you invest in especially if they are quite new... so you know the potentail,
and can resists selling due to market fluctations.
Of course I regret everytime why not sold when the coin was at ATH Smiley
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March 08, 2022, 08:57:59 PM
 #171

I do regret whenever I sell.

It's always having that feeling because I don't want to let go of my coins. But what I can do if I need the money to pay for the things that I'm obligated to?

Knowing when to sell isn't a problem but when you do, you should take it lightly and won't regret just after doing it.

Why regret it? Selling is a result of your right investing. If you sell at a profit, it means that your calculations and analysis have paid off. You get something real, not ephemeral, like when you hold cryptocurrency. Of course, there are situations when the sale could be made later with more profit. But the money you cashed out may already be working. Whereas those that lie in the asset are inviolable for some time, they cannot be touched and activated.
It's just the mutual feeling after selling.

I know that there are others who have been feeling the same. It's not that right to think of that but that's how I feel just after selling.

That's like an initial feeling but afterwards, it will be gone. Yes, I'm thinking of the result that I'm able to sell at profit because of that, because of holding.

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March 08, 2022, 10:48:27 PM
 #172

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 am a Technical trader and I take my decision based on technical signals which I believe is the best strategy for traders so I never regret when I sell my holdings in profit whether it is huge or little profit. When any coin/token is shows over bought on RSI Indicators on weekly or maximum on monthly time frame it is best time to take sell decision and it is not good to be over greedy. DYOR
each traders must have entry and exit strategy so they will not trapped in impermanent loss or profits. sell in profits will be main rules in our trade and mostly failed caused by greedy or they didnt know how to exit from market. RSI was good indicator, if we know to use it alot good signal to enter or exit from market. combination between rsi and SnR area will be strategy to generate profits.


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March 09, 2022, 06:35:39 AM
 #173


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



ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again

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March 09, 2022, 06:53:36 AM
 #174


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



ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again

Things like that I'm sure not only happen to you but almost all traders have experienced this,
things like that are normal but that doesn't mean we don't do anything and do it again,
setting targets and conducting analysis is important

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March 09, 2022, 07:25:33 AM
 #175

Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
There is no one tool that is absolutely accurate, so instead we can rely on the reaction of coins in the current market to make decisions that are suitable for the assets of the announcement. The strategy is, of course, still buying low and selling high in a specific period of time, and always adhering to the strategy that you set out initially.
Do you regret not selling your coins at any point because you didn't know it will drop ?
It's not exactly the lessons of the past that made me believe in this field more and always believe that it will bring new opportunities again, and that loss helps me realize that things sometimes need a balance of static and don't complicate yourself.

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March 09, 2022, 07:45:28 AM
 #176


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


ya sometimes after the price is down i think "why not sell when price up", maybe i hope price will up continues and that make me regret but next i set a target when i sell coin that incidents like this don't happen again

Things like that I'm sure not only happen to you but almost all traders have experienced this,
things like that are normal but that doesn't mean we don't do anything and do it again,
setting targets and conducting analysis is important

It doesn't matter if we make mistakes when trading or investing, and it's natural for us to have regrets when we make mistakes. The most important
thing is that we can learn from our mistakes, and not repeat them again, it will make us successful people. Because even professional traders must
have made mistakes, so there is no need to regret excessively if we make mistakes. After all, as long as we choose potential coins for trading, actually
when it's too late to sell coins at high prices, we don't need to panic. Because potential coins when the price goes down will definitely come back up
again someday, so we just have to be patient waiting for the price to go up again. It is more efficient if we determine the selling price we want from
the start of trading or investing, so if the target price we want is achieved, we can immediately sell it. That way we will not miss the opportunity to
take profit.

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aylabadia05
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March 09, 2022, 07:50:46 AM
 #177

Knowing when a coin's low and high is unpredictable. For some people, the current condition is the price or the lowest point in the coin price, it could be that tomorrow the coin price will go up or it will fall again.
In my opinion, install a strategy if you want to make a profit and there is no regret if the strategy already exists and is accompanied by patience.

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gamer4156
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March 09, 2022, 08:05:04 AM
 #178

It's more brilliant to take benefits regardless of whether you like the coin and need to hold for quite a while, sell when the cost flood high and sit tight for another plunge since that is the way crypto works another plunge is important. You can utilize Corona infection to sell straightforwardly to any cash through p2p. It is exceptionally simple and to exchange. From here you can exchange risk free.
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March 09, 2022, 09:00:51 AM
 #179

When you feel really comfortable making money in this world, and you feel that you are determined not to sell at this time, this is the time to sell decisively.
bakasabo
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March 09, 2022, 09:19:05 AM
 #180

If you feel comfortable with current price or already have a plan how to use obtained new funds - that is the right time to sell. It is individual for everyone and there is no correct answer to this question. Sometimes selling today with a losses will be more reasonable, if tomorrow market mood changes completely. I personally sell only when I need funds for something else; to buy in IRL or buy other crypto. In any other case I am holding strategy supporter. I am holding until there is 15% profit as minimum, and never wait until 200% profit. I prefer to get profit many times from different deals, than wait year for investment to double.

R


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