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?
You can see that the market at the moment is experiencing tremendous changes. Prices of bitcoin and altcoin are continuously decreasing in recent days and are now leveling off and moving sideways. This suggests that the market is in a recession and has never been able to recover. So I think that when trading, you should stop the profit at about 5% -7% to be able to preserve and avoid unnecessary risks.