Recipe for trading success #2

Choose the right time!

This might sound clear anyway, but this has many aspects people often do not think about. The right time is normally when the coin is still rising! In combination with my last recommendation this means that you have to start selling while the coin is still rising. You can do this relaxed with limit sells but normally you make more money manually. At the moment you buy a coin, you can always define an amount immediately when you are going (automatically: limit sell) out with 20-25%. I am also adding a really big amount to go out with 40% of the remaining rest. The rest I will trade manually or leave in the currency if I believe in it.

The right selling is not so easy because it is so nice to see the green numbers. But this green numbers are just the past and do not have to be the future! Buying at the right time is even more difficult! I will do a seperate article about this because it always depends on how good you understand a coin, how the graph looks like, what other people are thinking and if there has been a few moments of falling before.

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This article was motivated by this post:
https://steemit.com/crypto/@forwardmomentum/quote-of-the-day
Thanks for the quote, fellow!