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Topic: Be open to any possibility - page 2. (Read 490 times)

member
Activity: 546
Merit: 78
August 17, 2022, 07:52:31 AM
#54
I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
If we think in this way the matter does not end there many possibilities could have arisen, For example, let's say you made a good profit by selling Doge at $0.70 and after some time the price of Doge is down to $0.08 You will consider yourself lucky but as the market improved, the price of Dodge hit $1 at some point you will regret it, but the chances of that happening are 1 in 100 percent for coins like this, so that's why get rid of the thinking and choose a project for investment that has a long-term plan You must trust your research and set the target where you want to invest or get profits. Many coins are pumped but disappear after some time because they don't have any plan and I don't think sensible people ever pay attention to such coins.
sr. member
Activity: 1722
Merit: 309
August 17, 2022, 07:47:19 AM
#53
I feel it too. have some coins with a large number like you. The cryptocurrency market is still in its infancy and the competition is intense depending on our expertise/knowledge and goals alone. However, there are some coins that are pegged to succeed on their business model or feature. A wise investor knows that no investment is guaranteed, and there is a risk of losing money. The best strategy is to diversify your portfolio across many different cryptocurrencies, and not invest more than you can afford to lose.
Well, a smart investor won't just look for tomorrow but they consider the future happenings. That is why they are not preferred to invest in projects in the short-term but rather invest in a long-term deal. And why? Because they are absolute that they could earn more applying this strategy rather making themselves to buy now and sell later, as they want to buy now, hold, and sell them in the future ( when prices multiplied several times).
member
Activity: 1540
Merit: 22
August 17, 2022, 07:30:46 AM
#52
I feel it too. have some coins with a large number like you. The cryptocurrency market is still in its infancy and the competition is intense depending on our expertise/knowledge and goals alone. However, there are some coins that are pegged to succeed on their business model or feature. A wise investor knows that no investment is guaranteed, and there is a risk of losing money. The best strategy is to diversify your portfolio across many different cryptocurrencies, and not invest more than you can afford to lose.
sr. member
Activity: 1722
Merit: 269
August 17, 2022, 07:21:44 AM
#51
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.

I definitely agree that everything is possible in the crypto world. I would guess that no one would have imagined like 12 years ago that someday bitcoin will be worth 20k or 30k per coin, but that is also the big problem of course. In hindsight everything makes sense and now you think, why did i not buy 1k bitocin back in 2012 or why did i not keep my Dogecoin until they were at 0,70$, but of course that is not realistic. People that bought a serious amount of crypto 10 years ago took a huge risk and of course they are now heavily rewarded for it and are rich now, but the chances for that were very slim.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
August 17, 2022, 06:37:22 AM
#50
When discussing or talking about Dogecoin, I think that everyone has fallen into the whale trap, after Elon Musk's tweet, there was a sharp increase in the Dogecoin movement, and the whales were waiting for the moment where and when to drop the price when everyone fell into the trap of big investors, that's the crypto world where everyone is elbowing each other, to get something big, someone has to be a victim..
This is a common thing that I often encounter. The right time is one of the most influential factors in the fate of our investment. If we are late, then be prepared for the losses we will get. But if we enter at the right time then the benefits will come. But not everyone is aware of this, they tend to force entry even though they know the risks that will occur.
member
Activity: 789
Merit: 10
August 17, 2022, 06:21:22 AM
#49
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
In my own view, if it feels enough profit then it would be better to take it more (sell). My reason is more to secure profit, because my thinking is more about the risk. As we know crypto prices are very volatile, so it's rare that it's better to take the best possible profit opportunity and try not to regret afterwards.
member
Activity: 207
Merit: 12
Syntrum.com
August 17, 2022, 06:00:22 AM
#48
Don't do all the good investments without praying for luck, this is all I have to say, luck is very important in this space because even the most hated project can open the door of changes for you, I've stopped listening to people who says that this is what you have to invest money into to be rich or that, the biggest projects I made money from are not been talked about on here.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
August 17, 2022, 05:56:55 AM
#47
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
Once invested in any shit coin and your able to make a X10 or X20 profit to your capital, I think you should see it as a profitable investment and not regret if the token get more pumps. Leaving a bit behind is under a probabilism and agreement of accepting the lose that may follow if project is being discontinued.
There is a good chance that we could end up with a huge loss if we aim at those that could make us 10x or 20x profit. I am not saying that we will, but there is a good chance that we may. We shouldn't be risking it that way if you ask me, it is a lot better to just focus on what we can do, and not what may fail to see.

Some small cap stuff could get me 100x profit too, there is no reason why it shouldn't if there is a whale buying it, it is "possible". But more often than not, we are going to end up seeing a horrible drop and it is going to be a bit of a problem for my overall portfolio value, I would need all others to go up a bit to get back that eventually.
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
August 16, 2022, 08:32:01 AM
#46
When discussing or talking about Dogecoin, I think that everyone has fallen into the whale trap, after Elon Musk's tweet, there was a sharp increase in the Dogecoin movement, and the whales were waiting for the moment where and when to drop the price when everyone fell into the trap of big investors, that's the crypto world where everyone is elbowing each other, to get something big, someone has to be a victim..
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
August 16, 2022, 08:27:45 AM
#45
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
We realize such mistakes when the price of the coins that we have before has gone up high, and it didn't just happen to dogs, but almost all cryptos at that time had very high prices. besides that even though doge is a meme coin, but doge has lasted a very long time. we do not know what potential will come in a coin until investors glance at the coin. The price of the doge became high due to Elon Musk's push, and no one thought that the price would get any higher. Yeah, but I understand why your perception is like that, I've made mistakes like that too. however, not all coins will have the same potential as doge coins. Personally, I still hold onto some coins that were once valuable, and are currently becoming worthless. it depends on the type of coin you have.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
August 16, 2022, 07:46:31 AM
#44
Well, it's a lot easier to adopt analysis on stuff that would make sense compared to, well, something that doesn't. Not that I'm denying it or anything, it has happened already after all but it also doesn't deny that Doge was simply a pump and dumb cycle repeat without any sense. I mean you yourself sold it so you also saw that it isn't exactly something you would have held and judged that there was no sense in holding it (and might've been better for other assets).

I don't really think you selling them back then was a mistake OP, rather you regretting it right now and blaming what, others, maybe yourself as well for not seeing the future, well now that's a mistake. No one can see the future in the first place.
hero member
Activity: 2184
Merit: 585
You own the pen
August 16, 2022, 07:14:50 AM
#43
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.

I don't know about coins that have no use because, at the end of the day, when there will be no promoter of those coins anymore, they will eventually become shit coins. But it's different when it comes to some coins that have true agenda where they had been making true development throughout the years and the result is, that their popularity is increasing and their market is gaining more liquidity. But the problem is when at their starting point, you cannot distinguish them from fake ones until these coins become successful in the future. when that time comes, too late for small-time investors because the coins are already costly.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 16, 2022, 06:45:11 AM
#42
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO...

I am sure that if you had opened a topic 10 years ago with the question whether BTC could reach the price of 70 thousand dollars, you would have heard exactly the same answer. Although there is undoubtedly a huge difference between BTC and a meme coin, the price of which is determined by a pump&dump.
full member
Activity: 649
Merit: 100
Binance #SWGT and CERTIK Audited
August 16, 2022, 06:34:32 AM
#41
not only you, a lot of people couldn't expect it to happen and just regret why not hold their dogecoin until Elon Musk arrives. but this is not the end, we can learn to get better at investing from dogecoin, no matter how bad the cryptos are, they can surprise us in the future.
member
Activity: 295
Merit: 98
August 16, 2022, 05:55:47 AM
#40
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.

Once invested in any shit coin and your able to make a X10 or X20 profit to your capital, I think you should see it as a profitable investment and not regret if the token get more pumps. Leaving a bit behind is under a probabilism and agreement of accepting the lose that may follow if project is being discontinued.
sr. member
Activity: 1988
Merit: 322
August 16, 2022, 04:12:39 AM
#39
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
This is common huge misconception made by newbies because they think what happen from the past might also happen in future and remember that there are so many shitcoins created that's why much better if you invest then take profit rather than believing such another story which is somehow impossible to happen on new tokens created. But if you can take a huge risk about doing that well its up for you to try if you want to figure out if you became rich or get broke in future.
Well it did really happen again. Take shiba inu for example. It came out after the doge coin's noise and shib did also experience some good pumps. There are then more meme coins came out but none of them follow the success of shib and doge. You still have a point there. Maybe not all times history repeat can itself.

Sometimes all what we need is a luck, to grab a potential coin on time and then sell it on time before it collapsed. For top coins I think they only need a little bit of luck but knowledge and skill is what matters with them the most. Op is still blessed because he still left out with 1k plus doge coins Cheesy. I think its value was still decent even up to now.
hero member
Activity: 1820
Merit: 526
Leading Crypto Sports Betting & Casino Platform
August 15, 2022, 11:37:54 AM
#38
Since the day I have step into crypto hustle I have made more money from less known projects than big projects, I have Eth and BTC but in 2021 shitcoins like many would call them gave me the highest ROI, sometimes what you least expected will happen.

Do you mean new projects?, it can be said that sometimes new projects or shittokens  will bring quick profits but the risks they bring are also great. Bitcoin and ethereum will not bring you profit in short term but if you try to hold them long enough then i think the profit they give you is not small and you can safely invest in them. You will have good sleeps putting your coins in bitcoin and ethereum, unlike investing in shittoken, you will always live in fear.
sr. member
Activity: 1079
Merit: 352
August 15, 2022, 11:28:48 AM
#37
Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.

Just stick around and survive until the next cycle, maybe you can't find another doge coin but you can spot some coin that will do well next time and always do like what you do before: left some for a moonbag.
member
Activity: 63
Merit: 10
August 15, 2022, 11:21:06 AM
#36
Since the day I have step into crypto hustle I have made more money from less known projects than big projects, I have Eth and BTC but in 2021 shitcoins like many would call them gave me the highest ROI, sometimes what you least expected will happen.
hero member
Activity: 2352
Merit: 594
August 15, 2022, 11:13:43 AM
#35
-snip

This depends if that coin will still exist after many years. There is no reason to keep some of it if the developers abandoned that particular crypto. The huge increase of doge last year was only because of Elon Musk's hyping it. It's still useless up to this day and no serious development or utilty was made. It's dangerous to rely on those kind of events when investing into crypto. I'd rather invest my money to those who have real usecases even if its possible return are not that big.
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