Post
Topic
Board Trading Discussion
Re: When do YOU sell?
by
yanxuanyunshan4
on 28/03/2018, 04:57:07 UTC
When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

I usually have a price in mind when I buy a coin, and if I reach that price, I will sell it.

For example, when I bought bitcoin for $10,000 last year, I expected the price to go up to 13,000-15,000. It was obvious that the current market was very depressed, so I could only keep waiting.