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Author Topic: How do you know when to sell?  (Read 2865 times)
ZaMRoneY
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March 16, 2022, 02:07:16 PM
 #221

Well everyone has their own secret sauce some look at graphs and tick of validations and invalidations, some listen to their favorite youtuber for advice and so on. There really is no right and wrong way there are so many options to choose from, usually if you tend to flip the trading mentality you'll have much better results even tho your brain might not agree with you first.

And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.

But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got profit  Cool
tThOMAS
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March 16, 2022, 03:55:42 PM
 #222

Well everyone has their own secret sauce some look at graphs and tick of validations and invalidations, some listen to their favorite youtuber for advice and so on. There really is no right and wrong way there are so many options to choose from, usually if you tend to flip the trading mentality you'll have much better results even tho your brain might not agree with you first.

And then there's the fact which coins you chose,which also play big role for example gaming/metaverse tokens tend to pump harder currently because of the noise around them. I've got eyes on #Lunafi for bringing gambling/betting to metaverse with the chance to Yield farm passive income by providing liquidity to the house, which also rises every time someone makes a bet on the house. And also $ENGN for their new game that's coming out in march really addictive looking shooter and their technology that allows implement blockchains onto projects that have non, really time saving if you ask me.

But overall everyone has their own ways and there is really no right and wrong you just gotta DYOR find some solid projects and exit while you got profit  Cool
I am very intrigued with your post about Lunafi, seems like interesting project, are they out ? because i couldn't found much info about them.
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March 16, 2022, 05:19:17 PM
 #223

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
Of course, such incidents have happened many times. The lesson I have learned from each of these events is that when you see 100% or 200% increase in your invested profit, Sell ​​from 50% to 75%.Even if the price goes down later, you will not have much loss but profit.

Yes, I believe this is the best move so that you have already secured the profit, and we could also use the trailing stop method, in which you would move your stop loss with the price increases, so that no matter what happens, you will still be able to secure some profit out of it. This is useful when you have to leave the market and don't want to spend the entire day watching it. However, the best advice is that if you are satisfied with your profit, you should sell your coins rather than becoming greedy, which will result in losses.
daxetoken
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March 17, 2022, 03:01:52 PM
 #224


A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

It is very hard to predict the future price of cryptocurrency. That is why it is nearly impossible to find the best time for sell atcoins.
Now cryptocurrency market falls and and it is not the best time to sell tokens and altcoins.
But all altcoins are different and not all altcoins will be able to survive during the fall of the market. That is why it is impossible to give one common advice.

The price of cryptocurrency depend too much from the cryptocurrency market, but the price of cryptocurrency also depends on the how useful is the project and its coin and how loyal is the community of the project. So the price of cryptocurrency depends on demand in it.
Now many people understand that it is necessary to protect a nature and the demand in nature protection will only increase.
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March 17, 2022, 03:13:59 PM
 #225

Actually there is no specific pattern to sell a coin that we hold, but we must monitor every day the development of the coins we hold if there is positive news spread then we must still survive until we get a profit when the increase occurs, and we also have experienced regret when the coins we hold suddenly experience a drastic decline and experience losses even though we have made a profit a few days earlier.

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March 17, 2022, 10:16:23 PM
 #226

Actually there is no specific pattern to sell a coin that we hold, but we must monitor every day the development of the coins we hold if there is positive news spread then we must still survive until we get a profit when the increase occurs, and we also have experienced regret when the coins we hold suddenly experience a drastic decline and experience losses even though we have made a profit a few days earlier.

If you continuously follow the development of the project, it will guide you to when to sell your asset.


News and progress have a good impact, plus those communities who also invest in the project will allow you to decide
whether to keep holding or it's already time to let your asset go.

Selling is always better when you already earned decent profits, though it's not always the outcome, as sometimes you also suffer from losses due to unexpected market movement. Always remember to have a good backup plan when dealing with this type of investment.
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March 17, 2022, 11:54:30 PM
 #227

There's actually no sure fire way to know when to sell. But one hazy method I use to detect when the buy prssure is fading is when the price hike is falling. Like I said, its not 100%
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March 18, 2022, 02:40:39 AM
 #228

There will be no mold to know when to buy and when to sell, it all depends on each investor's knowledge and experience.

It is best to set a clear goal, when we achieve the set goal, we should sell immediately and be satisfied with the set profit. should not be too greedy or else it will be easy to receive bitter results. As a smart investor, always come up with specific trading strategies, don't let emotions overwhelm reason when trading.

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March 18, 2022, 06:03:55 AM
 #229

There's actually no sure fire way to know when to sell. But one hazy method I use to detect when the buy prssure is fading is when the price hike is falling. Like I said, its not 100%
Similarly I used two indicators on daily frame to have an idea or clue of the market getting exhausted thus sell my coins, you must have a charting experience before doing it, Bollinga Band and RSI are two of the indicators placed on my chart, once the price moved out of the band and RSI is oversold or overbought, it's a clear signal to sell or buy however there instances when the price is just undergoing a temporary pullback, what matter most is taking my profit appropriately before a massive retracement of the price or continuation having considered the high volatility of the prices of cryptocurrencies.

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March 18, 2022, 12:18:57 PM
 #230

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

You can see the market capitalization of the tokens you have, for example MC $10 million usd, after 2 months MC rises to $30 usd, my question is, will you not take profit or capital that you already have and hold the rest for the long term for example 2 years if the project is really good, take profit when you get it and don't be too greedy when investing, because the price of crypto tokens is very volatile

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March 18, 2022, 04:35:58 PM
 #231

Similarly I used two indicators on daily frame to have an idea or clue of the market getting exhausted thus sell my coins, you must have a charting experience before doing it, Bollinga Band and RSI are two of the indicators placed on my chart, once the price moved out of the band and RSI is oversold or overbought, it's a clear signal to sell or buy however there instances when the price is just undergoing a temporary pullback, what matter most is taking my profit appropriately before a massive retracement of the price or continuation having considered the high volatility of the prices of cryptocurrencies.

I also mostly use these indicators, I started working with them initially and they are the most clear and convenient for me. However, I faced a problem. I try to do day trading, most often I use 1-hour and 4-hour charts. However, at such time intervals Bollinger Bands and RSI do not work very significantly, because most often the price is somewhere in the middle, and very rarely goes beyond the limits that are benchmarks. Perhaps you could tell me how to adjust these tools to the conditions of my trade?

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100xcoin
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March 18, 2022, 05:57:16 PM
 #232


A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

It is very hard to predict the future price of cryptocurrency. That is why it is nearly impossible to find the best time for sell atcoins.
Now cryptocurrency market falls and and it is not the best time to sell tokens and altcoins.
But all altcoins are different and not all altcoins will be able to survive during the fall of the market. That is why it is impossible to give one common advice.

The fall of the market is a good reason to buy tokens. Now a lot of new tokens appear and it is necessary to carefully monitor the market to find the best projects for investment.
You will get the maximum profit if you will invest on the seed or pre-sale stages of token sale.
saladin7000
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March 18, 2022, 06:16:38 PM
 #233

cryptocurrencies are volatile where the price can go up and down at any time, that's why it's very difficult to determine the future price of crypto, but basically buying crypto when the price is low and selling it when the price is high is a wise decision, of course if you want to invest in long term, then you should buy cryptos that have good potential such as BTC, ETH, and BNB, these coins have a high market capitalization and have strong fundamentals so they have a good selling value, and have a great chance to survive and grow higher in the future,

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cryptoserega
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March 19, 2022, 06:20:29 PM
 #234


A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

The fall of the market is a good reason to buy tokens. Now a lot of new tokens appear and it is necessary to carefully monitor the market to find the best projects for investment.
You will get the maximum profit if you will invest on the seed or pre-sale stages of token sale.

After the fall of the market will be a rise of the market. It is necessary to wait till the rise of the market.
Many people thing that soon will be rise of the market because the situation in the world is unstable and the adoption of cryptocurrency growth.
CryptoArena_Official
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March 20, 2022, 12:16:20 PM
 #235


A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

After the fall of the market will be a rise of the market. It is necessary to wait till the rise of the market.
Many people thing that soon will be rise of the market because the situation in the world is unstable and the adoption of cryptocurrency growth.

I think that now is a good time to buy tokens that to fall.
Many people now buy altcoins and hold theim hoping for their future growth.
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March 21, 2022, 05:15:23 PM
 #236

In fact, it depends on a trader's knowledge and ideas about trading. It is difficult for a trader to buy from the lowest and sell at the highest price, no matter how thorough the analysis. Some of the things I consider when selling any type of asset are the various types of support resistants, desired profit, market analysis, and some basic fact analysis. However, in all cases, it is difficult to make the right decision and in my case, the sales decision has often been the opposite of the idea.

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March 22, 2022, 08:54:03 PM
 #237


A lot of depends on potential of the coin and how useful it is.
Cryptocurrency is very volatile. It is good for trading.
But for long term investment coin must be useful.
It is necessary to evaluate the future potential of the coin.
Now there is a big demand in nature protection, that is why the project that protects the planet from pollution like this https://twitter.com/liquidearth_nft/status/1502269439785541633 has a good potential for investment.

Now it is not a good time to sell tokens because many people believe that cryptocurrency market will continue to rise.
The economical situation in the world is very unstable because there is a big inflation in many countries.
That is why many people prefer to use cryptocurrency.

Now many people use cryptocurrency for investment perposes. They buy cryptocurrency and hold it.
Now many people believe that cryptocurrency will continue to grow because the demand in cryptocurrency increase.
Pamadar
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March 24, 2022, 03:23:37 PM
 #238

I think everyone has their own pattern in investing or trading. what is certain is that if we have decided when it is time to sell, then we will not regret it as much as possible because we have thought about it carefully and that is also a common thing for a crypto lover to get. where the price of crypto soars up when we have sold it.

Indeed, the knowledge of when to buy and sell is very important,

though it isn't easy to follow the pattern that will allow us being compensated each time we place our investment.
Trading is not an easy venue to earn money, but a good place to make money once you understand the flow of the market.

Personally there are several things that I see in choosing money to sell crypto, namely selling when the market is up and in the short term because usually it will reach its highest point before falling. but we also have to be able to adapt the ups and downs of the crypto market so that we can determine when is the right time to sell or buy crypto.

Volatility is always present, understanding how to work it out and follow the movement

is a hard task, but if you manage to pattern your strategy to make it work, that's the start of your good trades.
Knowing when to timing your entry and exit is the key to succeed.
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March 24, 2022, 04:48:15 PM
 #239

Quote
There will be no mold to know when to buy and when to sell, it all depends on each investor's knowledge and experience.
 
Its true. Its a big problem in small investors. They invest only when market green but crypto is game of dumo and pump. Crypto maket will give you chance to buy at low price and this chance is called bear market. After that msrket give you to book profit which called bull matket. If any body see the chart of Only Eth they will easily observe that one can make many time profit with that strategy.

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March 24, 2022, 07:38:39 PM
 #240

remember always that other people's opinion never matters! what matters is you buy when its low.. while others think its dead.. coz they will buy when its high.. and they will die regretting not buying low....



 

 

 

 

 

 


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