Author Topic: Sell when the goal is achieved. (Read 8799 times)

ayatoslaw · « **Reply #30 on:** February 07, 2021, 01:31:31 AM »

Quote from: sidik7 on February 07, 2021, 12:47:31 AM

a pretty good strategy is indeed to sell with the desired target , its just that there are several factors that are quite difficult to achieve , such as for beginners , they sell because of the need ,so it will be more difficult to achieve desired target.

The targets that you make do not have to be applied if at that time you need money,
but whatever the circumstances, you must have set a selling target when investing, and this target will later help you make the right decisions when investing.

Quote from: zilzylian on February 07, 2021, 12:54:22 AM

agree, a crypto market correction is coming soon, I have sold all the altcoins whose price has increased by 500%, what I have right now is DOT and I am still waiting for the price to go up to the limit I set

If I may know, what is your target to sell DOT?

Altcoins Talks - Cryptocurrency Forum · « **Reply #30 on:** February 07, 2021, 01:31:31 AM »

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flyaccount · « **Reply #31 on:** February 07, 2021, 01:58:14 AM »

This theory is true. By having a goal, and we sell it when that goal is achieved, we will avoid being greedy and that will save us in crypto.

Karsum · « **Reply #32 on:** February 07, 2021, 03:58:15 AM »

if I am wiser if I just play it safe
I will sell when the price is good
or maybe I will always monitor every development in the market
so that I understand better, I will better understand the next development

Ronald · « **Reply #33 on:** February 07, 2021, 05:30:27 AM »

If you think that your asset reached your expected place then you can sell it is your decision. In the bull market some token reached in unexpected price. It is one kind of strategy what you would like to do.

@chison · « **Reply #34 on:** February 07, 2021, 12:07:43 PM »

Goals are relative and different from different persons. Some traders just look for little percentage increase and they will exit. However, it is necessary to hold some coins for long term before exiting

iloveyobit · « **Reply #35 on:** February 07, 2021, 12:13:28 PM »

its always a great move to sell at top and rebuy when the price makes a correction because you will have more quantity of the currency and i would love to do that but i always end up jumping to another coin which means less profit so i tend to hold for the long term in this period ..

nadyn · « **Reply #36 on:** February 07, 2021, 12:44:02 PM »

As a rule, selling at the highest price is not always possible, how can you determine if a coin is updating its highs. So we are selling according to the intended exit targets!

Altcoins Talks - Cryptocurrency Forum · « **Reply #36 on:** February 07, 2021, 12:44:02 PM »

GREENch85 · « **Reply #37 on:** February 07, 2021, 01:14:09 PM »

Just yesterday, I sold a part of BNB with a ladder from 65 to 75 dollars, and I am very happy about it. Yes, the coin will most likely cost more, but in order to enjoy the process, it is necessary to withdraw part of the funds to please yourself and your loved ones in real life.

Arendra · « **Reply #38 on:** February 07, 2021, 01:18:14 PM »

I totally agree with this, we really should be modest and not be greedy. By having a target and then selling when the target is reached, we will be more grateful and also safe in this crypto investment.

raisajahan · « **Reply #39 on:** February 07, 2021, 01:24:25 PM »

When i purchase any cryptocurrency first of all i setup a goal that is what price i will sell my coin that should be at least 1% profit from my original balance by which i purchase that coin. When i reached my goal i sell my coin. Sometimes i setup my goal at 10% profit. Actually it will depend on market situation.

Pheonyx · « **Reply #40 on:** February 07, 2021, 01:37:58 PM »

That's a good profit already and you are lucky for it. Some were lose their profif because of being greedy and it even lead them of losing their capital.

Willitivity1 · « **Reply #41 on:** February 07, 2021, 03:49:05 PM »

It's always important for us to follow our trading strategy as planned to avoid losses, in every trade there's a target profit so any one who doesn't follow or have a trading strategy won't know when to take profits, he might even end up getting a loss, have had similar experience I was trading binance futures with any trading strategy,I was +$14 in PNL, I didn't know when to take profit instead of cashing out the $14, I got rekt after a day my account got liquidated, so knowing when to take profits off the market is important.

Max Way · « **Reply #42 on:** February 07, 2021, 04:36:08 PM »

I always have a clear goal when it comes to holding a coin or getting it for nothing, and at that time I won't be shaken by my original goal because I know it's not good for the future. As for when I see the end result, whether I get profit or lose, I will still receive the results.

Fakhrulenclix · « **Reply #43 on:** February 07, 2021, 04:36:57 PM »

I also have a target. My story was the same as yours. About a week ago I sold my coins because reach ATH and I earn so much profit. But I always not sell all of my coins, I will keep a little to prepare if something sweet happens

TOP_ETH · « **Reply #44 on:** February 18, 2021, 11:57:23 AM »

surely I will not think twice if what is expected has been achieved, immediately selling is what is in my mind and if the price is still rising it will not make me disappointed because I am grateful for what I have received

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