Quote from: Enjel on December 08, 2017, 07:01:43 PM

I have been investing in a bunch of different coins for a while now, mainly BTC, ETH, LTC, and some other lesser-known coins. I have a lot of different coins in my portfolio to stabilize/reduce risk.

I love the gains that these coins provide. I never panic-sell, and always hodl and buy low. That has been my simple strategy.

However, I have a problem - how do I train myself to know when to cash out?

For instance, last night the BTC price was high (18K), and ETH/LTC price were low.

I could have cashed out then, and invested in ETH/LTC, which are seeing a nice pump now.

How do you know when to cash out??

Right now the only time I cash out is when I need to money to buy a gift or something.

It all depends upon your needs, when you have an emergency or you really need that amount surely you will need to accumulate everything that can be accumulated, and bitcoin is one of that. Try to earn a little each and every now and then. By asking more of the price then you are losing more chances to earn. This I experience just recently, train yourself your emotions then you will earn little by little.

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