💰 Smart Selling Tips in Cryptocurrency
1️⃣ Set a profit target before buying
For example, if you bought SOL at $191, set a target to sell at +10% or +15% (i.e., $210–220).
Don't always wait for the “peak”; the market is very volatile and may drop suddenly.
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2️⃣ Use pending sell orders (Limit / Take Profit)
On the Binance platform, you can:
Set a Take Profit (automatic profit-taking at a certain price).
Set a Stop Loss (loss prevention at a specified lower price).
🔹 These tools protect you from market fluctuations even if you are not connected to the internet.
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3️⃣ Monitor market indicators
If trading volumes start to decline after a strong rise → potential exit signal.
If the RSI indicator exceeds 70 → the market is in an overbought zone (potential correction soon).
Surprising news or regulatory warnings also = an opportunity to reduce positions.
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4️⃣ Sell in stages
Instead of selling the entire amount at once:
Sell 50% at the first target
Then 25% at the second target
And keep the rest if the trend is still upward.
This method reduces regret if the price rises further or drops suddenly.
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5️⃣ Always monitor Bitcoin
Because BTC movements affect most other currencies.
If Bitcoin starts to correct strongly, often the rest of the market will follow — at that time, it’s preferable to sell or reduce risks.