Re: Knowing when to sell off your crypto investment

I agree it's best to always sell, of course, when there is a pump. But keep in mind that coins that go high tends to drop also. But it's just for a short period of time. So I would suggest that you sell on top and try to buy back coins from where first bought it. There is a big chance the coin will go back there. For losing coins, better cut of the investment as soon as you see the trend going down.

I normally use the market values to take care of every decision I want to make. Selling your coins at a time when you have the chance to make the maximum profit. This is only possible if you decide to sell off your coins when the price is high. Normally at a price which can give you 2X. Twice profits in Bitcoin could be instrumental in making you a rich man. A long term adds more than 2X profits.

I think that is what they call price action trading. You are basing your decision on price targets that you based on historical data. I heard thats a good strategy also.

here everyone decides for himself, the main thing is that he understands when and most importantly why you buy and when and why you will sell

Yeah it is important to know why you bought these crypto currency because we invested to make profit, so never think about selling until you become fully satisfied with your profit, it is goal of investing to increase your money, waiting is big step in crypto currency to gain profit, to become a good investor try to obtain remarkable profit from.