Quote from: Luqman on June 25, 2021, 11:44:07 PM

Depends on the market situation and what type of your trading. For example, I am a daily trader. If the market is in the uptrend, I will sell my altcoins if the price can increase 50% - 80%. But if the market is in a downtrend like in the current days, I mostly take profits once the price can increase 20% - 30%. I won't set a too high target for taking profits because I know it is difficult. Well, it is my own strategy, other traders may be different.

Of course, as a day trader, you will have a strategy that may be different and some are the same, but actually the most important thing about that strategy is to find the profit that can be generated.
you are right in the current situation it may be difficult to achieve high profits, which is possible when the market is green and trading is very attractive. with a slight advantage as long as it is consistent it also ends up being the same.

Quote from: ningrum on Today at 08:58:22 AM

It's true that such a strategy is very suitable for day traders like you,
but again traders have their respective strategies depending on what they want to achieve,
What is clear is that to know when is the right time to sell we need to monitor market movements because otherwise we can lose the moment

yes, opportunities can disappear when we miss and do not watch every movement, and this is clearly the work of a day trader, who must diligently pay attention to the movements of the market at all times and should not be careless. but maybe there are those who have other strategies with the help of market movement projection software. everything can be done and it's just a matter of personal readiness of each.