If you already know how to buy, you're halfway there! Now let’s talk about how to sell smart and actually make a profit.
1. Know Your Entry Point
The price you buy at is just as important as the price you sell at. Always aim to buy when the asset is undervalued — after a correction, in a support zone, or when there's high potential upside.
2. Set a Profit Target
Don’t just hold and hope. Before you buy, decide where you want to take profit — for example, +5% or +10%. Stick to your plan and don’t let greed take over.
3. Use a Trailing Stop
A trailing stop automatically moves your stop-loss as the price goes up. It locks in profit if the price reverses. This is great for riding trends without giving back your gains.
4. Read the Charts
Look at basic indicators like RSI, Volume, or Moving Averages. These help you spot when a trend might be ending, so you can sell before the price drops.
5. Stay Calm & Disciplined
Selling is emotional. When you're in profit, you might want to hold longer. But smart traders take profit regularly — especially when signs of reversal appear.
Follow me (@CryptoUpLimit) for more trading tips and strategies. I'll be posting more guides like this soon!
Disclaimer:
This content is not financial advice. It represents personal opinions and experiences shared for educational purposes only. Always do your own research and make trading decisions based on your own judgment.