Crypto investors know well that the time to sell crypto is…well, never right. There are plenty of things to remember when getting into this world, but there are some things that people seem not to think about that much. How to get out?

Well, if you were wondering – we have got you covered. In this article, we will go over all the things that make and break the stock market/crypto market and tell you when exactly you should get rid of your digital assets to get the best crypto profits ever. Or at least, we will notify you what signs to look for that would likely suggest that your crypto investment is going down. So, let’s see how to make the most trading profits from your digital currency.

Crypto space is a volatile market, and there are plenty of things that you should keep in mind when deciding to invest in it. Of course, depending on where you live, something like capital gains tax, cryptocurrency prices, and other tax implications are clearly within your state. Still, there are a couple of things that you need to know if you would like to enter this wonderful world of crypto. Here is some basic information.

Cryptocurrency

We are dealing with what you need to understand if you want to leave the market (or enter it and then leave). As you may have guessed, The main things being sold on the cryptocurrency market are cryptocurrencies. And, if you want to determine the cryptocurrency values, well, stand in line; plenty of people are asking themselves the same question.

In the case of classic cryptocurrencies, it’s pretty straightforward – the government is the guarantee that the money you have is legitimate and you can trade with it. With crypto, it’s a bit different. Here, the same rules apply; the only difference is that everything relies on blockchain technology. The more secure it is, the more legitimate the coins offered. Of course, there will be more and less popular tokens, but the main thing remains the same.

Crypto Exchanges

Most crypto is being traded on crypto exchanges. Those are the platforms where you can buy or sell any coin. Of course, you must research to find the best one for you, but exchanges like Coinbase, Binance, or eToro are safe bets. You can trade cryptocurrencies however you like and transfer them to your digital wallet. The most common on the market are MetaMask or TrustWallet. You can also find some hardware-based wallets that are much more expensive.

Volatile Markets

Why are we talking about this? Well, it seems essential to explain how volatile the crypto markets are and that there is little to no safeguarding in place. During the 12-month period in 2021, the Bitcoin cost everything from 140-260 thousand dollars per coin .

Have you heard about the Bored Ape Yacht Club? As it turns out, it’s not a way of getting millions of dollars through NFTs. Apes fell from almost 120 ETH to less than 25 within a year . If you need investment advice, here’s one – it’s not the investment opportunities you didn’t take that you should be worried about. It’s the one that you believed in too much.

Remember to diversify your portfolio when it comes to getting long-term gains. Think about your strategy and execute it flawlessly. Whether it’s day trading, swing trading, or HODLing, choosing your trading strategies is the key to success. And only then you will know when to sell crypto.

So - when to sell it? We would have to analyze plenty of strategies to tell you precisely. If you’re HODLing, for example, it would be close to never. If you are day trading – today. There is no “best” time to sell crypto, but you can think of a couple of things if you want to make the best out of your investment. Here are some tips on where to find those.

Do Your Research!

We cannot stress this enough, but generally speaking, you should do your research before purchasing cryptocurrencies. Many investors don’t even understand how extremely volatile those markets are. One hour, they have bought Bitcoin at the highest point; next, they are selling at the lowest point as they feel FOMO crawling on their back.

As you can imagine – it’s not the optimal way. Check out reputable sources. Follow the #crypto on Twitter, find some good answers from people in the r/cryptocurrencies subreddit, and check out the mainstream publications as well. There’s plenty of knowledge out there!

Watch Market Cycles

Be sure to check the market cycles, as they offer much-needed insights into the question of when to buy or sell crypto. Market cycle accumulation has four stages: markup, distribution, and markdown. The one that interests you in this particular situation is the markdown. It’s the final stage of the market cycle, where the buyers go into the distribution phase of their journey and start selling. The institutional players have already left, so you must observe the market cycle to sell just before the markdown. There are few new buyers on the market, so it can be pretty hard to let go of your coins in this phase.

Dollar-Cost Averaging (DCA)

Another exciting strategy for when to sell crypto is the DCA strategy. Here, you invest a fixed amount of money during regular intervals; the price doesn’t matter. That way, you will swing on the seas of volatility instead of being thrown around by it. Remember to also buy different cryptocurrencies on different exchanges so that you can diversify your assets and profit.

HODLing

HODLing term comes from the misspelled word “hold” that someone wrote on one of the Bitcoin forums, and it essentially means — hold on, no matter what. That way, you will have an exit strategy that means, “In 10 years, I will sell all my Bitcoins.”

It comes from the idea that buying cryptocurrencies is valuable, and that belief will get you value in the long run. Is it the right strategy? Well, we’ll see in the future. For now, as we have mentioned before, it seems that it’s making great strides for them.

Market Sentiment

WATCH THE NEWS! And all the other things as well. As we have mentioned before – we all know what happened during the pandemic in the crypto market, and you need to adjust your investment strategy accordingly. Consider making transactions when the market is getting saturated by news unfavorable to the idea of crypto. Remember that the fewer people in need, the higher the chance of it crashing. So, any stealing from large organizations in the crypto world or terrible things happening worldwide – it all makes the investors scared. And when they’re scared, they do not want to invest in some new cool thing that may be giving them back a lot of money.

Risk Management

Also – consider…yourself. Consider the level of risk you're comfortable with and how much money you're willing to invest or potentially lose. Then, proceed accordingly. There are five stages of risk management:

• Avoidance

• Retention

• Spreading

• Loss prevention and reduction

• Transfer

See how it impacts you and make some adjustments accordingly. In order to protect your assets and yourself, you need to make sure that you are able to hold on during the shaky times. So, if you’re not feeling it – it’s okay. Cut your potential losses and liquidate your assets. The mental state is extremely important when it comes to trading, so keep yourself safe as well.

Continental Shift

The big thing in investing is the continental shift. In the classic meaning, when it comes to the stock market, it refers to the shift in the trading landscape that may occur across a continent or other region. Here are some reasons why it may happen in the case of crypto, and that’s definitely the time to sell:

• New Laws and Regulations – if some government decides that it’s going to lower tax rates for the stock market but create new for Bitcoin or other cryptocurrencies – it’s time to sell; the market will panic, and the price of crypto will as well;

• New Technology – when some incredibly innovative technology appears, there is a great chance that there will be a market focus shift; the same happened with blockchain technology and Bitcoin initially;

• Macroeconomics – even though deregulated markets would like to be independent of the regulated ones – they are definitely not; so, when the big thing happens in the regular world, it will impact the digital one as well;

Market conditions may change from time to time, but they will stay the same, which is the way we acquire crypto. There is a lot of bad press when it comes to crypto. Some governments are not that sure about the whole concept, so if you want to find the right time to invest, there will never be the single best one.

So, it’s better to start now than ever! If you have some cash and want to invest in crypto, we have a great offer for you – Crypto Vouchers from RoyalCDKeys. You can start crypto trading while keeping your data secure and your trades private. With Crypto Vouchers, you can stay safe with your investments and keep them as gift cards or transfer them to your digital wallet.

The great thing about this product is the anonymity of it. Royal CD Keys is a key reseller, and getting a crypto voucher on their site will not get flagged as anything other than your everyday game purchases. You will not be connected to the crypto world if, for any reason, you don’t want to be. Here’s how you can do it.

Getting a Crypto Gift Card Step-by-Step

• Create or log in to your RoyalCDKeys account; 

• Buy a Crypto Voucher for the coin of your choosing;

• Next, go to Cryptovoucher.io;

• Click “Redeem”;

• Enter the code you have just purchased;

• The number of coins you are gifted will be transferred to your cryptocurrency wallet or the gift recipient.

Make sure to redeem the purchases for up to 180 days, as you will not be able to receive the coins after that time.

And here we are, at the end of our road. As we have mentioned at the beginning of this article, there is no pinpoint moment when you should sell your crypto, as we don’t know your particular situation. It’s important to do your own research on the particular cryptocurrency you want to invest in and all the other holdings you have in your stocks, banks, and such. Any asset can be evaluated differently, so that’s not that easy to transcribe.

Nevertheless, if you want your project to move in the right direction, the most important thing to do is avoid getting flushed by one thing going wrong. Consider the factors of your investment and diversify your portfolio for safety. Plenty of circumstances will influence your portfolio, and as a great trader, you need to be ready for that development. It’s impossible to foresee everything, but you can see some patterns and use them to your benefit!

Thanks for stopping by! If you liked this article, make sure to check out other ones on our site. There are plenty of those for you to browse through, and we will be more than happy for you to check them out! We’ll see you in the next one!