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Author Topic: How do you know when to sell?  (Read 2865 times)
Moeda
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July 24, 2022, 05:02:07 PM
 #341

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 everyone will regret not being able to sell coins at the right time. Although the price will increase again in the future, at least the number of assets will increase if we can sell in the right time. But for professional traders, they don't care about that. They will survive even if the value of the asset continues to decrease due to falling prices. Short-term trading is one way to cover losses. I think someone who has big assets in crypto, they can control the price movement, but if they are just a small trader, they are just following the development of the issue.

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Eureka_07
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July 24, 2022, 05:13:01 PM
 #342

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 barely have technical strategies/pattern on where to buy or sell a coin. But usually, I follow some coins' trend (depending on the project if I think it is easy to follow).
On my first months, I usually not selling and just continuously hoping that it's value will go upward then I'll sell it to that price, but most of the time, it doesn't and makes me hold the coin much longer than I wanted to.
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July 24, 2022, 05:21:26 PM
 #343

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 always try to sell my coins when I get some profit. I expect minimum 10% profit.  If the coin I bought reach my target, I sell that coin immediately. Because I don't like much greed. 10% profit is enough for me and I am happy with that. so i suggest you sell your coins when you are in some profit. it is better in my opinion

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July 24, 2022, 05:43:15 PM
 #344

Those who have been working for long time in cryptocurrencies may know what is the perfect time to sell or buy. Although no one can predict what is the right time for sell. However, I usually try to take a little profit. Very beginning of my trading life i made some mistakes by holding but later i learnt about my mistakes. Now i can assume what is the perfect time for selling assets. I still have some assets if i get 10% or more profit i will sell 75% from my holdings.

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July 24, 2022, 06:41:52 PM
 #345

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

to make a decision when to sell the altcoins that we have, we should have a profit target that we want. but the target we set is still in normal condition. and do not set targets that exceed the altcoin's ability limit or it is impossible for the altcoin to reach the target we set. so we know when we have to sell the altcoins that we have because we already have a certain target.

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July 24, 2022, 06:45:25 PM
 #346

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

to make a decision when to sell the altcoins that we have, we should have a profit target that we want. but the target we set is still in normal condition. and do not set targets that exceed the altcoin's ability limit or it is impossible for the altcoin to reach the target we set. so we know when we have to sell the altcoins that we have because we already have a certain target.
1. Always set a target
2. Dont be greedy
3. Always look for news events whether if there are some FUD or shills.
4. Based up on technical analysis
5. Trust your analysis

Outcomes and results will be entirely on how you do make yourself do your own trades neither selling or buying decisions
then this would really be a challenge for everybody thats why you should make yourself prepared most of the time.

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July 25, 2022, 03:18:33 AM
 #347


1. Always set a target
2. Dont be greedy
3. Always look for news events whether if there are some FUD or shills.
4. Based up on technical analysis
5. Trust your analysis

Outcomes and results will be entirely on how you do make yourself do your own trades neither selling or buying decisions
then this would really be a challenge for everybody thats why you should make yourself prepared most of the time.

When you have a good plan with your investment, you will always have a good chance to earn decent benefits.

always DYOR and follow the steps above. Most of the time, it's very effective, though the outcome always depends on how you
do your research and how you develop your strategy.

Keep in mind that with knowledge on you, the chance of executing the right sets of plans is high. You can compensate with your
system, enhance and repeat the process.
EarnOnVictor
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July 25, 2022, 08:51:44 AM
 #348

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
There are two major ways to know when to buy or sell your a cryptocurrency. You can either follow the news, but be sure that you have the right interpretation of the news before doing that. I don't follow this style even though it is effective because it is deceptive at times. Many news has failed in their right interpretations or raised a false alarm, and the news impact might be deceptive. The second option which is my preferred way to know when to buy or sell a cryptocurrency is to use technical analysis, where chart patterns would guide you on what to do. You will sell when a peak/high is established or buy when a low/bottom has been established. You can also buy or sell after a breakout, and simple trading tools like price action, trendline etc. could effectively guide you in this regard.

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July 27, 2022, 04:24:40 PM
 #349

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 don't time it when I hodl altcoins because I'm just waiting for the right time when I will sell them. and the right time is when the price of the altcoins I have has gone up and has given me a little profit. so I don't have any pattern to determine when I should sell it. and I will definitely regret it if the altcoins I own go down without me knowing.

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July 27, 2022, 04:38:41 PM
 #350

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 don't time it when I hodl altcoins because I'm just waiting for the right time when I will sell them. and the right time is when the price of the altcoins I have has gone up and has given me a little profit. so I don't have any pattern to determine when I should sell it. and I will definitely regret it if the altcoins I own go down without me knowing.

I agree the best time to sell the coins we have is when the price of the coins we have rises above the price when we bought them. Sometimes
it takes patience to wait for the coins we have to go up in price, especially in a bear market situation like now the price of coins tends to continue
to decline. But as long as we invest in potential coins, we don't have to worry if the coins we have decrease in price, because of potential coins,
the price will usually recover again. The most important thing is never to sell the coins that we have at low prices.

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July 27, 2022, 05:03:37 PM
 #351

If you trade for short time then every time in my opinion if i took profit when it goes 5-10℅ and if you hold for long then look on market condition and also condition of your project which you holding for long time. Dont much greed in project then at last you will get nothing

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July 27, 2022, 05:29:20 PM
 #352

We have different preferences in selling but as for me, I rely on the target goal that I have set upon buying. I set a target price as a basis for when I'm going to sell my holdings regardless of the possible price hike of my coin of choice. Once the coin reaches my price goal, I sell and reinvest again when the price strikes down. You should always follow your goal and don't let greed lead you to the wrong path.
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July 28, 2022, 04:51:03 PM
 #353

We have different preferences in selling but as for me, I rely on the target goal that I have set upon buying. I set a target price as a basis for when I'm going to sell my holdings regardless of the possible price hike of my coin of choice. Once the coin reaches my price goal, I sell and reinvest again when the price strikes down. You should always follow your goal and don't let greed lead you to the wrong path.

It is important to set that target and have a decent control over your emotions, never to allow greed and fear dominates.

If you have that goal and you are all in meeting that expectations, you can always hold and be contented with
the result of your investment. Unlike if you don't have that kind of system, you are mostly like gambling with
your investment and probably lead you to losing your money.
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July 28, 2022, 06:22:24 PM
 #354

All the market metrics for determining a price bottom are just speculative. From Moving Averages to Bollinger Ellisons or something like that can disappoint one, as I have learnt the hard way. I just rely on pure gut and try as much as possible not to FOMO but I'm still human and can fall victim to such emotions, thus getting rekt
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July 30, 2022, 06:15:20 PM
 #355

Knowing or determining when to sell depends on the coin you're holding, the information about the and your individual greed level. Some people never lost in their crypto investment because little percentage of profits are enough for them. And some people keep losing because they want their investment to go 1000X before they sell or take profit.
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August 03, 2022, 06:49:59 PM
 #356

There is no pattern or trick that you know what is the future, is it pump or dump. you should wait till the market is very good or you take a good profit from the coins, after then you should sell you coins. I do in the way. Many time when I get a good profit, I sell my coin. On the other hand, many time I hold for more profit and I loss my money.

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August 03, 2022, 08:21:32 PM
 #357

When to sell a coin is probably when it's have generated profits, that's the main and prime thing. Before a trader must have place triggered the sell price, he or she must ensure he's in Profits. I only triggered my sell price when I'm fully aware that I'm in Profits and there's absolutely nothing that will hinder me from not selling after learning from my mistakes. Some traders uses a general basis which is buy when the market is in serious dump and sell when it must have enter bull period. This basis alone have change so many certain things for traders.

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August 03, 2022, 09:59:06 PM
 #358

There is no pattern or trick that you know what is the future, is it pump or dump. you should wait till the market is very good or you take a good profit from the coins, after then you should sell you coins. I do in the way. Many time when I get a good profit, I sell my coin. On the other hand, many time I hold for more profit and I loss my money.
techincally we could predicted price movement by using several strategy such as trendline , divergence aor other technical methode. All of us understand its not 100% true, but atleast with technical analisys we know which point will have higher probability. Alot traders still didnt understand about exit and entry strategy and we must developt our skill about it to avoid big mistake like this.

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August 04, 2022, 01:04:12 AM
 #359

There is not a moment where is better to take profits.

When you start investing you should have a strategy with a well-studied asset allocation. So with periodic rebalancing you will buy when the price goes down and sell when the price goes up, as the allocation will be unbalanced by the market performances of your coins.

Obviously it is an extreme simplification, but I advise you to start studying how to build a well-organized portfolio, otherwise it cannot be considered investment, but trading/gambling. 
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August 04, 2022, 01:50:35 AM
 #360

There is not a moment where is better to take profits.

When you start investing you should have a strategy with a well-studied asset allocation. So with periodic rebalancing you will buy when the price goes down and sell when the price goes up, as the allocation will be unbalanced by the market performances of your coins.

Obviously it is an extreme simplification, but I advise you to start studying how to build a well-organized portfolio, otherwise it cannot be considered investment, but trading/gambling. 

Its always trading. It always does sound a very newbie question and probably don't know terms even. Oversimplification would be more like buy low sell high. But since he is asking when to sell, it means he likes to identify when to know he is not going to lose potential profit after selling.

But this also depend on which timeframe he is selling or whether he is a short or long term investor, either I woukd still suggest using RSI for his trading.

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