Simple actually I sell when the price is high and I buy when the price is cheap
So I get the profit from the difference between the sale and purchase
This "strategy" is really simple but i think everyone use it, as this is the easiest way to get profit from trading, you won't lose money if you sell for more than you bought for, problem is that sometimes you will have to wait days or even weeks to sell.
Personally i sell only when i am sure that i earn from it, it would be dumb to sell when you lose money, unless you know that this currency will crash or so.
Correct. "When the time is right"
The investment needs to be fruitful and it should not be just a little fruit but needs to be ripe to maximize the profit.
We cant just harvest when we get just a little of it. Panic and greed wont work or it will just be regret afterwards.
Greed into withdrawing early while the investment is still on the process of being ripe. There should be a right timing on when to withdraw.