When is the right time to sell my crypto coins?

[Mia Chloe]

How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?

Firstly it depends on the particular crypto currency you have in stock. Buying or selling crypto currencies uses the same similar concept as buying at a lower price and selling at a higher price. The whole thing now depends on the crypto currency you Hodl , how volatile it is and when you bought it because you would definitely be looking to sell at a higher price then you would either have a target price in mind or a time frame like halving in the case of bitcoin.

So generally to answer your question, the best time to sell depends on your decision because your best time to sell is someone else's best time to buy too.

[sampoerna]

1. We sell coins when the market is green
2. We sell coins when we are already in profit

I somewhat disagree with point 1.
because, green market does not necessarily mean we have made profits. Usually, every day there will be red and green market conditions, yes because the volatility of cryptocurrency prices is like that. And why do I say green market does not necessarily mean we have made profits. because we could buy coins at a rate of $5, and it experiences a very bad dump, then to $2. and after a few months, the market becomes green again and the coin is at $3.5, that means the market is green but we have not made profits from our investment, right?

And I agree more with the second point you said, which is that we can sell coins when we have made profits. I don't know how much the profit is, it will depend on each individual, their investment type, and what coins they are. then, everyone also has their own strategy in taking profits.

[Crypto Library]

How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?

To know this, you first need to know about Crypto in detail, explore its market, get an idea about how the Crypto market works.
Then the thing that will come to you is to get an idea about some fundamental analysis and technical analysis knowledge.
And then go and get an experience in the market, it may be that you have invested in Bitcoin for a few months following the DCA method. And analyze the history of Bitcoin's bull season and bear season and know about what bitcoin halving is. And then ultimately you will know when you have to sell your coins.

I mean after knowing all these things you will able to have take an strategy and with your strategy and target you will be also able to know when you should sell your Crypto.

[LogitechMouse]

How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?

This is just my opinion and my instinct if I am in a trading position because you said when is the right time to "sell" coins and my answer is:
1. We sell coins when the market is green
2. We sell coins when we are already in profit
3. We sell coins when the price goes up

From the three points, all of them are profits that have entered our portfolio, if the market is green but our portfolio is still at a loss, then don't sell it and just wait until the price goes up and this applies to Bitcoin trading, not trading for altcoins.

Just to add with the 3 things that you shared:
4. If you feel that you're okay with the profits that you have then sell. If not, risk it and continue holding.

I agree with the 3 things that you shared because as an investor, our main goal is to make profit so we will only sell when we are in profit however, there are rare instances where we need to make a cutloss for some reasons like "you saw a better investment and you need to sell those tokens at a loss to participate" or "you need to make a cutloss because you feel that the token will not go up anymore in price". Overall, there are many factors on whether we need to sell or not. I've experienced selling my coins at a loss in the past already because I saw a better opportunity.

[erus]

1. We sell coins when the market is green
2. We sell coins when we are already in profit

I somewhat disagree with point 1.
because, green market does not necessarily mean we have made profits. Usually, every day there will be red and green market conditions, yes because the volatility of cryptocurrency prices is like that. And why do I say green market does not necessarily mean we have made profits. because we could buy coins at a rate of $5, and it experiences a very bad dump, then to $2. and after a few months, the market becomes green again and the coin is at $3.5, that means the market is green but we have not made profits from our investment, right?
~snip~

Thank you for your response and I will also answer your question, please re-read the paragraph below after point 1, 2 and 3. There I wrote with a quote like this:

From the three points, all of them are profits that have entered our portfolio, if the market is green but our portfolio is still at a loss, then don't sell it and just wait until the price goes up and this applies to Bitcoin trading, not trading for altcoins.

If you still don't understand the final paragraph, I will translate it using your native language according to your previous local post in Indonesia.

Dari ketiga poin tersebut semuanya merupakan keuntungan yang sudah masuk ke dalam portofolio kita, apabila pasar sudah hijau tetapi portofolio kita masih rugi, maka janganlah dijual dan tunggu saja sampai harganya naik dan hal ini berlaku pada perdagangan Bitcoin, bukan perdagangan altcoin.

Please check my quote with words of Italicized style . Thank you.

*Translated by Google Translated.

How do I know when to sell my crypto coins when the market rising and dropping rates are not stable?

This is just my opinion and my instinct if I am in a trading position because you said when is the right time to "sell" coins and my answer is:
1. We sell coins when the market is green
2. We sell coins when we are already in profit
3. We sell coins when the price goes up

From the three points, all of them are profits that have entered our portfolio, if the market is green but our portfolio is still at a loss, then don't sell it and just wait until the price goes up and this applies to Bitcoin trading, not trading for altcoins.

Just to add with the 3 things that you shared:
4. If you feel that you're okay with the profits that you have then sell. If not, risk it and continue holding.

I agree with the 3 things that you shared because as an investor, our main goal is to make profit so we will only sell when we are in profit however,

Thank you , I appreciate the additional points from you and this makes me increase my knowledge of trading in crypto.

there are rare instances where we need to make a cutloss for some reasons like "you saw a better investment and you need to sell those tokens at a loss to participate" or "you need to make a cutloss because you feel that the token will not go up anymore in price". Overall, there are many factors on whether we need to sell or not. I've experienced selling my coins at a loss in the past already because I saw a better opportunity.

Cutloss I have heard of it and our friends here in the crypto circle also like to give advice for Cutloss because it is true that there is a good opportunity to seek profit from various coins but unfortunately for Bitcoin trading our friends also do not recommend Cutloss because Bitcoin is better to just HodL because one day the price will go up again and it is proven that now Bitcoin has reached a price of more than 100,000 dollars.

[taufik123]

-snip-
Cutloss I have heard of it and our friends here in the crypto circle also like to give advice for Cutloss because it is true that there is a good opportunity to seek profit from various coins but unfortunately for Bitcoin trading our friends also do not recommend Cutloss because Bitcoin is better to just HodL because one day the price will go up again and it is proven that now Bitcoin has reached a price of more than 100,000 dollars.

Cutlosses are only done when you have another strategy and start moving to coins that have the potential to go up,
but this is quite risky if you are not sure which coins you will buy from the cutloss.

But if you hold bitcoin, a cutloss is not an option but holding it can be better because bitcoin will rise over time and reach a new ATH.

[erus]

-snip-
Cutloss I have heard of it and our friends here in the crypto circle also like to give advice for Cutloss because it is true that there is a good opportunity to seek profit from various coins but unfortunately for Bitcoin trading our friends also do not recommend Cutloss because Bitcoin is better to just HodL because one day the price will go up again and it is proven that now Bitcoin has reached a price of more than 100,000 dollars.

Cutlosses are only done when you have another strategy and start moving to coins that have the potential to go up,
but this is quite risky if you are not sure which coins you will buy from the cutloss.

Your statement is exactly the same as our community because if Cutlosses must dare to take action because there are other opportunities that can provide profit. It's like the word Cutlosses is like a double-edged sword, one side can provide profit, the other can provide loss. From the name Cutlosses, it means the position is already in a loss position.

But if you hold bitcoin, a cutloss is not an option but holding it can be better because bitcoin will rise over time and reach a new ATH.

This is also the same with our community here, they state loudly and confidently that Bitcoin does not need Cutlosses because over time Bitcoin will rise and reach an all time high. Our friend here has a little Bitcoin that he said he had since 2012 and he is still hodL, unfortunately he did not mention how much Bitcoin he has, but he showed me his personal wallet did have Bitcoin but was censored using his fingers.

[taufik123]

-snip-
This is also the same with our community here, they state loudly and confidently that Bitcoin does not need Cutlosses because over time Bitcoin will rise and reach an all time high. Our friend here has a little Bitcoin that he said he had since 2012 and he is still hodL, unfortunately he did not mention how much Bitcoin he has, but he showed me his personal wallet did have Bitcoin but was censored using his fingers.

If the person you say was able to hold his bitcoin from 2012 to now, it is very remarkable and how strongly he resisted the temptation to sell when the price of bitcoin went up before.

Maybe he has a price target that hasn't been reached, and maybe he's also doing DCA to continue doubling the profits from bitcoin.
The cutloss on bitcoin will just throw away and then if the price continues to rise after the cutloss it will instead have to buy at a higher price.

[bounceback]

Cutlosses are only done when you have another strategy and start moving to coins that have the potential to go up,
but this is quite risky if you are not sure which coins you will buy from the cutloss.

But if you hold bitcoin, a cutloss is not an option but holding it can be better because bitcoin will rise over time and reach a new ATH.

Some time cut loss most effective how to earn much profitable later by recovering from losses before, but depend kinds of coins investing have potential will drop and take longer time get recovery or not. Usually if altcoin have slowly progress recovery better cut loss and buy another coins to get faster recovery and earn much profitable then keep waiting for longer time from losing coins.
In my opinion, no doubt stop loss for altcoin have difficult recovery but for bitcoin keep waiting until reach the higher price and easily get recovery than altcoin.

[erus]

-snip-
This is also the same with our community here, they state loudly and confidently that Bitcoin does not need Cutlosses because over time Bitcoin will rise and reach an all time high. Our friend here has a little Bitcoin that he said he had since 2012 and he is still hodL, unfortunately he did not mention how much Bitcoin he has, but he showed me his personal wallet did have Bitcoin but was censored using his fingers.

If the person you say was able to hold his bitcoin from 2012 to now, it is very remarkable and how strongly he resisted the temptation to sell when the price of bitcoin went up before.

The first time he told me I didn't believe it, but after he proved it I believed him by showing me the Bitcoin in his personal wallet, I was also sure that he had a lot of Bitcoin, definitely more than 12 Bitcoin or maybe dozens.

Maybe he has a price target that hasn't been reached, and maybe he's also doing DCA to continue doubling the profits from bitcoin.
~snip~

It is also possible that he did DCA to double his Bitcoin profit because by having a lot of Bitcoin I think it is easy to choose something that is desired in trading in crypto, for example:

1. He has 20 Bitcoin since 2012
2. He trades short term with Bitcoin with a capital of 12 BTC
3. He trades long term or becomes a Bitcoin Holder with a capital of 8 BTC.

So, he provides information about becoming a Bitcoin hodler with 8 BTC since 2012, maybe this is my guess for the trick he did to become a Bitcoin holder.

[bayu7adi]

It is also possible that he did DCA to double his Bitcoin profit because by having a lot of Bitcoin I think it is easy to choose something that is desired in trading in crypto, for example:

1. He has 20 Bitcoin since 2012
2. He trades short term with Bitcoin with a capital of 12 BTC
3. He trades long term or becomes a Bitcoin Holder with a capital of 8 BTC.

So, he provides information about becoming a Bitcoin hodler with 8 BTC since 2012, maybe this is my guess for the trick he did to become a Bitcoin holder.

Regardless of what strategy he used to make money from Bitcoin, we do know that he was well on his way to making a profit in 12 years of holding it... BTC price in 2012 was around $13, I am sure the unrealized profit he has made so far is huge... it would be a stroke of luck if he still remembered his private key and could still access his wallet... because there are so many users who regret losing access to their old wallets that contain Bitcoin.

And for his privacy, he decided not to share the details of his BTC balance, that is one good way to keep himself safe from public criminal threats... because actually such a thing certainly attracts the attention of bad people out there who may have bad intentions to seize someone's wealth.

[Aanuoluwatofunmi]

Some have already been selling as well as buying the more as the market maintain a particular pattern and trend for now, its what the day traders can easily make profits from if they can risk it, invest at a lower price and then make the sale at a particular range and take up their profits and maintain doing the same repeatedly before we are done with this current season.

[erus]

It is also possible that he did DCA to double his Bitcoin profit because by having a lot of Bitcoin I think it is easy to choose something that is desired in trading in crypto, for example:

1. He has 20 Bitcoin since 2012
2. He trades short term with Bitcoin with a capital of 12 BTC
3. He trades long term or becomes a Bitcoin Holder with a capital of 8 BTC.

So, he provides information about becoming a Bitcoin hodler with 8 BTC since 2012, maybe this is my guess for the trick he did to become a Bitcoin holder.

Regardless of what strategy he used to make money from Bitcoin, we do know that he was well on his way to making a profit in 12 years of holding it... BTC price in 2012 was around $13, I am sure the unrealized profit he has made so far is huge... it would be a stroke of luck if he still remembered his private key and could still access his wallet... because there are so many users who regret losing access to their old wallets that contain Bitcoin.

I also initially did not believe that he had Bitcoin since 2012, but seeing the tx id and the back of his BTC wallet on the sensor I believed it and it turned out that he was extraordinary, he had known Bitcoin for several years and even the price was still under 20 dollars. I am sure he is a patient and neat person because he was able to HodL Bitcoin for so long. I also saw that he has a personal character who lives a simple life.

And for his privacy, he decided not to share the details of his BTC balance, that is one good way to keep himself safe from public criminal threats... because actually such a thing certainly attracts the attention of bad people out there who may have bad intentions to seize someone's wealth.

That's right, his privacy is very guarded, even to me his Bitcoin assets and wallet are private and not shown. It just gives a little clue about the Bitcoin that he has had since 2012. I admire him and he is my role model now to learn more about how Bitcoin works.

[alltalk]

Cutlosses are only done when you have another strategy and start moving to coins that have the potential to go up,
but this is quite risky if you are not sure which coins you will buy from the cutloss.

Yep. People mostly decide to choose "cutloss" when they are no longer confident with the coin and has the intention to switch to another coin. In many cases, people decided "cutloss" on random coins, then they move the funds to top coins. Or the move it to trending coins that are likely to have a big pump in the near future.

But if you hold bitcoin, a cutloss is not an option but holding it can be better because bitcoin will rise over time and reach a new ATH.

As long as Bitcoin looks like not achieving its peak price, surely "cutloss" isn't needed. Bitcoin has been proven to keep increasing its price, especially during the bullrun season. So, we just need to be patient to wait for the next pump on Bitcoin price! We don't need to move the funds to another coin.

[libert19]

You sell when you need to.

Don't simply look at numbers and prices because you cannot reliably determine when the peak and the trough are going to be at. It's just going to stress you out.

So like I said, just sell when you need some cash. Whenever you have something urgent that needs to be paid for - sell. Need to buy something - sell. That's it really. Chasing small gains is not important unless you do arbitrage.

I disagree. I have had plenty paper profits disappear because I didn't need money at particular time, kept holding, and when bears arrived — coins plumetted.

Although, I still can't tell when to sell but 'sell when you need to' is not something I agree with.