Post
Topic
Board Trading Discussion
Re: How do you know when to sell?
by
carlisle1
on 20/09/2021, 16:25:28 UTC
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
nothing will work if it is still overwhelmed by the desire to keep getting more or because of greed. Never dream of a very large profit with a small capital. in trading we must be realistic in looking for profits so that it leads us to continue to trade over and over again by looking for modest profits in every trade. I think it's really worth it to avoid a big risk.

Much better doing thigs like that, setting up your target and allow profits being pocketed instead of waiting for unrealistic growth

and regret when the value of such asset start to fall back,

You have to make sure that you are willing to wait and not to be greedy, that's really the very bad attitude if you are aiming for
good benefits from this business.

It's wise to understand your goal and execute it with decent profits.