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?
Hold! Hold! Hold! Unless you have an immediate need to sell, it is best to hold. With adoption and major trading in Asia - Mostly Japan and South Korea, the price is sure to rise again. Selling now would only cause you big regrets and head aches when the price more than doubled in a few months/years. In my honest opinion, there is no better long term investment in the world right now than bit coin.