Everyone in the crypto market claims that timing coins is difficult, which means that it is difficult to buy any cryptocurrency at its lowest price because this market is extremely unpredictable and no one can forecast it.
Still, it will help you decide when to buy and what the best price is. Selling your coins at a decent price is more difficult than timing the buy levels.
I'm sure that many people invested when the price of #BTC was less than $50,000 and are still holding even now that the price is $97k.
Obviously, many investors are unsure whether to exit the market and at what price to sell their holdings. Yes, selling your assets is the most difficult task in the cryptocurrency market.
When purchasing any cryptocurrency, you will guess it based on its all-time lows, such as #hive. Its all-time low is roughly $0.15, and the current price is $0.36.
It will offer you an indication that it is a good time to buy because it is nearly at an all-time low. But when it comes to selling, you can't just assume where to sell.
Because there is a probability that its price will reach an all-time high, possibly $1, before dropping down to its lowest point.
In such a case, you must be on the selling side with at least 50% of your funds. Never be lustful and never wait for the highest levels to sell since you may not have the opportunity to sell at those levels or the price may not reach them.
since a result, it is usually advisable to book profits with at least 50% of your whole amount, since this is far preferable than regret.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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