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 think you should sell bitcoin right now, you can see that bitcoin prices are rising very strongly today and are showing signs of a rebound. As far as my technical analysis, bitcoin prices are at $ 7400 a very dangerous milestone, prices may continue to rise or fall here because of strong resistance. So to be safe you should sell bitcoin at the time and wait for the price to break $ 74xx mark then continue to invest.
I hate waiting for the coins to get back in the target that was before after the dump, so I prefer to deal fast and see faster results even though the percentage is less than <1.
And we know that when we invest in long term anything below 10% can not be considered to make any sell order because we hope for more as 10% is not enough if we hold a coin for a year or more.