Post
Topic
Board Trading Discussion
Re: The Best Time To Exit Trading
by
Lazada
on 16/05/2018, 04:34:32 UTC
you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
Setting a target goal for your profits is essential, many people make the mistake of investing in a coin but they do not have an exit strategy, while holding your coins for the longest time possible will give you the most profits, if you are investing in this market to get profits at some point you need to cash out convert to cryptocurrencies into fiat and enjoy your profits, so when your coins reach your target sell immediately.
Strategy to get out is really needed and should have been prepared beforehand. Doing trading means we must already agree the consequences. We must be prepared to accept any risks that may exist. This is a matter of course to be properly addressed. In the absence of such things then we will only face a setback in trading.