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Anons...When do you know when to sell?? Currently watching the red candle sticks appear with high momentum...very conflicted on selling on holding. More of a psychological thing but what signals and techniques do you guys use?

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It's random

Can you go more in-depth

Bump

You hold until the future is here bud

I bought 5 bitcoins when they were 1k each, you think I'm doodling around thinking of when to sell and re-buy them?

They're is only in strat and that is HOLD

when the moon is halve and the coyote sings a song of his ancestors. but only when the asset starts wit a g

i will HOLD

simple OP.

Buy red candles ; sell green ones .

This.

>he’s trying to trade against bots 1000 times faster than him

When I buy a coin, I always go in with a particular thesis. Why am I buying? After I buy, what price do I realistically expect the price to go up to? When the price goes to where my original thesis indicates, I sell. If the original thesis for buying becomes invalid, I pivot and sell, sometimes at a loss. My original theses are usually pretty good so I win much more than I lose.

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All fun and games until you time the dip wrong
great holds user, you are going to 100% make it long term, do you use your technique on alot of alt coins which you are currently not holding

what are you average hold/sell periods? stop loss percentages?

Yep, I dip in and out of alts for the express purpose of increasing my btc and eth stack. Basically, I see an alt priced low, I buy and sell it later for high. The whole thesis thing is the argument for what is "low" and "high". Started in September with 0.6 btc total.

I never use stop loss and my holds are anywhere from 15 seconds to 3 days or so.

also, you ever ride the green candles up? When i buy blood it just gets more red

You're gambling user, you gotta get comfortable knowing that. Do that or just hodl long-term(safest bet)

The short answer is, no but only because, as I said, I enter a trade with a very specific sell target. I don't really ride anything after that point cuz I usually can't think of a good reason why it's continuing to rise. And if I can't articulate precise reasoning why a price is behaving a certain way then I'm out. The long answer is, I sell the vast majority of my holdings I have in a trade at my price target and I'll sometimes gamble the rest on a continued rise. The bit I'm gambling with has a much lower probability of success but it's fun.

Has it ever happened that an alt has moon shortly after you sold it?

I sold all my VEN bags at $4.11 this morning, then it immediately mooned up to $4.40. fucking VEN.

Sure, here's the thing though. Those moons are unpredictable. Let's say I've identified a pattern that works 90% of the time. That pattern gives me an entry and a very specific exit. I work the pattern and my stack rises to the tune of a bitcoin a week or so. Great. Now, imagine my discipline starts to wane cuz I notice a few moons I missed, having sold "too early". Now I start chasing that. What happens is the discipline breaks down and the pattern loses it's high probability of success. Every so often, of course, I'll catch one of those moons but in chasing them, the other majority of the time, I end up breaking even or losing. In my experience, I make more dedicating myself to the method and sticking to it resolutely than making ad hoc exceptions.
All that said, if I notice a pattern in certain coins that moon after I've sold, I might try to suss out the reasoning behind that. If I can figure it out, that becomes part of the pattern and part of my strategy.
The bottom line is, I play what is predictable and moons are very hard to predict on the backside of the kinds of trades I make so I just don't worry about it. If they become predictable then that becomes part of my model and I'll trade accordingly. Until then, I just sell and move on.