Many of you hesitate to sell, hoping the price will go even higher, or after it drops, you still hold on, waiting for the market to rebound to previous levels—only for that rebound to never come. So, why is it that we never seem to sell at the “perfect” moment?
#1 No One Knows the Market Top.
The key factor to highlight is that no one on this planet knows the exact point at which the market will peak. That’s why we can only make systematic predictions and scale out of positions gradually rather than exiting 100% at once, because there’s always the potential for the market to rise a bit more. No one can perfectly time the top, and what matters most is: profit.
#2 People Tend to Be Greedy.
Often, we hold expectations that don’t align with reality. Market participants frequently hope that an asset’s price will hit extraordinary highs. They also expect their portfolio to reach certain ambitious targets, which keeps them from feeling satisfied—until the market proves them wrong.
#3 The Market Never Gives Clear Top Signals.
The market is full of uncertainty. It almost never gives clear signs that a top has occurred. We can try to predict market tops using technicals, fundamentals, or narratives, but all indicators are lagging. For example, waiting for a bearish close on the weekly or monthly chart takes time—and by then, your portfolio might already be down significantly. Other indicators, like on-chain metrics, may only turn bearish after a 20% drop. In short: they’re always late.
#4 No Clear Exit Plan.
Many traders are just “following the crowd.” They lack a solid system, act on FOMO, and don’t understand how the market works. Ideally, they should have a clear plan—where to take profits, when to realize gains—so they can exit with confidence. But most don’t have a defined exit plan and instead chase the fantasy of a “perfect exit.” The best answer is: there’s no such thing as a perfect exit—take profit when you feel satisfied.