Post
Topic
Board Altcoin Discussion
Re: How do you know when to sell?
by
Jastetad
on 12/02/2022, 19:33:23 UTC
Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?

Do you regret not selling your coins at any point because you didn't know it will drop ?

Can you share your opinion

I decide upon my profit percentage. I usually set up the percentage to a minimum level and await for the trade to complete. I usually do not re edit the trade  and increase the percentage of profits. Once the trade completes / sold off, I look for another best coin that are in my list with price decreased. Have 3 to 5 coins in the mind and would keep shifting within these 5 coins. If the coin value goes down and i am into loss, I would either buy more coins with my spare amount to average but if no money to average, will go for a long term. I ll not touch it or will not sell them at loss.
You have a good plan for the trade. It was my happen in the past that when I set a price on order and when I notice I high speed rise then I immediately cancel that one and increase the price on the order which often came to me as a disappointment as the price when fail to reach my level then the reversal was also fast and I unable to cope to at least to get my previous price for my coins. If anyone will not do that greed then they will not face any lose and disappointment.