In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?
in trading things to know is to buy when the price is low and sell when the price is high and how much profit you want depends on you, is it enough or you want more, I think if it has earned at least 10% then it is enough for me than I hold but the price actually went down
You need to set some target for you to achieve in trading or even if you are holding your coin. The rule you have mentioned is fundamental principle of staying in profit in the crypto market. You need to buy your coin at low price and for that you need to keep an eye on the pumps and umps of your coin. For earning profit hold it and sell it off when the prices are in your favor, never do panic selling fi the coin is bitcoin.