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?
Indeed, this is true. However, the problem will always be the standards. When bitcoins price goes down, how do we know that it is the lowest? Same when its price goes high, how do we know if its the highest? So, we will not regret. The key here is to have standards, so we know when to sell and buy.
Well I think using both options for earning its important because you will hold bitcoin when you buy bitcoin with low price and then you have for a right time so I think its very important for profit so always play here carefully because price of bitcoin matter and the good thing about bitcoin is that it change its price from low to high very fast so when you come to know that the price go high then sell all your bitcoins and take a good profit.