When is the right time to sell my crypto coins?

[Dr.Bitcoin_Strange]

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.

The question should be, how would you even know when you need to sell? Is it when you need money for your groceries, or your bills, or maybe when an emergency comes up in the future? Or maybe when you’ve seen some little profit? Saying that one should sell when he needs to is the same thing as asking when is the right time to sell which still leaves the actual question unanswered.
What exactly is that need that should warrant a hodler to sell, I want an answer to this question first before I give my own opinion on when is the right time for a hodler to sell.

[Z-tight]

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.

It is not as easy as that, trading is more difficult than just holding and it requires skills too, it can look easy from the outside, especially when influencers boast about how much they have made from trading, even when they may well be lying. I don't recommend that newbies trade, they should buy BTC and hold it.

[lepbagong]

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.

It is not as easy as that, trading is more difficult than just holding and it requires skills too, it can look easy from the outside, especially when influencers boast about how much they have made from trading, even when they may well be lying. I don't recommend that newbies trade, they should buy BTC and hold it.

It does look like trading is very easy and can be done by anyone, but you are right that it is not as easy as imagined because you need to do a good analysis before deciding on a particular coin to trade, because a wrong analysis will result in a loss that no one likes., Not all influencers say it according to reality because they are not the ones who lie a little, I agree that for beginners in trading they must be more careful and study well, and it is indeed better to buy bitcoin which is certain to produce.

[taufik123]

-snip-
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.

The recovery depends on what altcoin you choose, if you choose an altcoin that has better potential, then the recovery will be carried out quickly because the transaction volume of the altcoin is still quite large.

As in ETH, which is the top altcoin and its price also follows bitcoin, it will certainly recover faster even though it also looks at how the price of bitcoin is.

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.

Possibly, DCA is the best strategy to continue doubling Bitcoin.
If he makes a short-term trade with a capital of 12BTC he can do it quite easily if he knows how trading works.
It is not easy to hold Bitcoin and continue to double it from 2012 until now, perhaps he already has a lot of advantages from the Bitcoin he holds.

[Asiska02]

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.

That’s a more possible way some people will depend on when they want to invest in cryptocurrency and the best time for them to sell their assets in this current bull run even when it’s very unpredictable. You can employ this method and get the best outcome out of it easily when you are very confident and you stick to a particular profitable pattern. You don’t have to be a day trader to succeed in this method of trading, just by understanding market trends, you can take advantage of the market easily. Buying at a low price and selling at an higher price has never been that easy if you have a very good understanding of the market trends and can play around with coins also in that regard.

[vegasus]

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.

That’s a more possible way some people will depend on when they want to invest in cryptocurrency and the best time for them to sell their assets in this current bull run even when it’s very unpredictable. You can employ this method and get the best outcome out of it easily when you are very confident and you stick to a particular profitable pattern. Y

Yes, this is one ways that can be used to take profits. Yes, the point is that every trader or investor must have their own way of taking profits, whether in the short term or long term. As long as it's profitable, it doesn't matter, because it could be that we do it for other purposes, such as reinvesting the money and profits as capital for other coins, and taking profits again from it. What is certain is that the point of everything is, take profits when we think it's profitable.

[JoyMarsha]

The right time to sell either your Bitcoin or altcoin should be when they have reached the price you have intend to sell them or they have given you a huge profit of investment that you consider selling them for the profits you stand to gain.

Another point to consider as the right time of selling your crypto is when the project is stagnant, no improvement in project development.

Delisting of projects on crypto exchange can be another right time to sell your crypto assets because you wouldn't to lose your assets entirely for little or no profits

[Stuart]

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

Selling of crypto assets now is not really the very best idea, except you are aiming on acquiring more Bitcoin ahead of the on going and up coming market bull run.

If I am to answer your question directly, I will say, the right time to sell is when you have a certain amount you wish to get from the market. When that price is attained, then that is the right time to sell. The crypto market is a volatile industry, where there is price manipulation of all coins by Whales. This price manipulations can be in favor of you or could be disastrous at the end.

Another thing that you can look out for before selling your coins, is if the project is stagnant in price and does not have much trading pairs, no development of project or poor project team members and if it is facing delisting from it's top exchanges where is listed and other different exchanges. When any coin starts facing these, then that coin or project is about to fail or fold up. The reason for these could vary from one thing to another, and if the project team are not sincere enough, they just disappear into thin air without trace.

Continuous development in the crypto community is what keeps a coin going, and a coin that is rising or yielding profit is kept that more profits can be acquired.

[lepbagong]

The right time to sell either your Bitcoin or altcoin should be when they have reached the price you have intend to sell them or they have given you a huge profit of investment that you consider selling them for the profits you stand to gain.

Actually, what you said is what everyone who invests should always do, but sometimes greed forgets everything that has been well-designed and finally hopes that it will be able to increase even more and get more profit, but in reality it is actually eroded and does not get maximum results. If we have decided on a certain value, then when we get that value, we immediately release it, don't delay getting more than what has been determined.

[alltalk]

Actually, what you said is what everyone who invests should always do, but sometimes greed forgets everything that has been well-designed and finally hopes that it will be able to increase even more and get more profit, but in reality it is actually eroded and does not get maximum results. If we have decided on a certain value, then when we get that value, we immediately release it, don't delay getting more than what has been determined.

That's why you need to deal with your greed. Controlling emotion, greed, and fear are a part of the requirements in crypto investment. If someone still can't deal with them, I think they are not ready for crypto investment yet. When we are greedy, we must know that we probably end up with losses. It is because we always try to keep it a longer time. When we realize the price has dropped so much, we just have the intention to take profits. This is something happening in many crypto holders!!

[Baofeng]

The right time to sell either your Bitcoin or altcoin should be when they have reached the price you have intend to sell them or they have given you a huge profit of investment that you consider selling them for the profits you stand to gain.

Actually, what you said is what everyone who invests should always do, but sometimes greed forgets everything that has been well-designed and finally hopes that it will be able to increase even more and get more profit, but in reality it is actually eroded and does not get maximum results. If we have decided on a certain value, then when we get that value, we immediately release it, don't delay getting more than what has been determined.

We already know what is the effect of greed to us, and so we should try to mitigate it as much as we can. And if we are in crypto for a long time, with all of our experience, we should by now understand how it is and so we can somewhat control our emotions and feeling.

Do yeah, just set a profit and it we reach it, then sell easy peasy.

No need to have this voice inside of you saying that you need to wait for more in order to maximized profit. Because it's so volatile that you didn't expect that in the next minutes, the price will go down.

[PX-Z]

Sell when you feel like it and when you feel you already gain more or say massive profit. Sell when it's upward at least to new ATH, make sure you don't regret in every decision you've made to avoid blaming yourself lol then buy back later on coz it will have correction. This works for me before, but im not doing it now coz i'm in hold mode until next year.

[libert19]

I look at previous market cycles and plan my sells accordingly, so far cycle keeps repeating itself so why not just follow it? It may not be perfect, but it made most sense and importantly it's simple.

[taufik123]

Sell when you feel like it and when you feel you already gain more or say massive profit. Sell when it's upward at least to new ATH, make sure you don't regret in every decision you've made to avoid blaming yourself lol then buy back later on coz it will have correction. This works for me before, but im not doing it now coz i'm in hold mode until next year.

Take advantage if you feel it is very necessary because the investment is aimed at getting profits, not just waiting continuously.
But this is also in accordance with the price target to be achieved.

And see how the crypto market works like the previous cycle.
Now the price of Bitcoin is still experiencing a correction and this could have gone even higher and set a new ATH.

Don't regret every decision you make because it's already done, and make a good strategy to save profits to the maximum.

[Stuart]

Sell when you feel like it and when you feel you already gain more or say massive profit. Sell when it's upward at least to new ATH, make sure you don't regret in every decision you've made to avoid blaming yourself lol then buy back later on coz it will have correction. This works for me before, but im not doing it now coz i'm in hold mode until next year.

Take advantage if you feel it is very necessary because the investment is aimed at getting profits, not just waiting continuously.
But this is also in accordance with the price target to be achieved.

And see how the crypto market works like the previous cycle.
Now the price of Bitcoin is still experiencing a correction and this could have gone even higher and set a new ATH.

Don't regret every decision you make because it's already done, and make a good strategy to save profits to the maximum.

Selling when you feel like, can depend on the market situation. The market can be conducive for sale or not. When it comes to taking out profits, it should be on a targeted price mark, but I'm a situation where the market faces a bullish trend, you need to ride with it.

Regrets doesn't really have anything to change, rather than your choice and decision making in some situations which needs to be revamped, so as to avoid regrets. When it comes to the crypto industry, the time you take a decision to either buy or sell is the right time (but it doesn't mean, you see a clean bullish market and you decided to sell off and jump out, saying it's the right time, when the market is on a continuous uptrend).