Quote from: aishyoo17 on July 27, 2017, 05:24:32 PM

Quote from: Reid on July 27, 2017, 04:57:43 PM

Quote from: buyinbtc on July 26, 2017, 11:54:34 AM

Quote from: rahmat92 on July 25, 2017, 06:35:32 AM

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.

I agree that those who wait for the right time are the ones who get more profit than those who sell right away because they think small profit is enough. It may take time to see that big amount of profit in your portfolio but when that time comes you will thank yourself for the effort and patient in waiting.

Right time, always doesn't work, many times it has happened people keep on waiting for the right time but it never appeared. So if you are in positive figure no time is wrong or right time to perform this action. And its always better to sell a fixed percentage for a fixed time period, that way one can keep away from sudden sell during urgent requirements.