Efforts of holding wasted - page 10.

Yamifoud

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

In particular, the reason that you are very disappointed holding coins is because of a wrong choice of it. We mistakenly expecting that all coins will rise in the future which is not and that you know already the importance of choosing the right and known coin if we would like to get a profit.
You definitely wasted a lot of time holding but on the side also, you have learned something from it, and that it gives you some insights into what you gonna do next time when you start investing and holding again.

Bitcoinislife09

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

There are altcoin that could make a great gain after a few months and can 10x or even more especially if you're going to hold for a long term. But I also have a lot of altcoins holding that I probably held for a few years already that let just say that didn't really give a good profit. Like for example EOS probably its a disaster if you're holding this coin and I already consider selling my holding because I think that this coin is already dead, I was hoping for a comeback because I notice a lot of hot coins these days are 2017 projects or old projects like Cardano. Altcoins are risky because you might get caught by the altcoin season and could end up losing the profit.

passwordnow

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

In my experience, you shouldn't really sell all that you've got. But if you do, make sure that you're going to buy back at least if the dip comes. I've sold badly on the lowest price but I didn't sold most that I've got. Those two scenes were my good and bad decision and learnt a lot from it.
And for those that are still looking to shape up their portfolio through tons of altcoins, a few will do and most of your money should be into bitcoin.

seleme

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Quote from: crwth on March 28, 2021, 11:30:13 AM

It's sad to think that you have managed to hold for three years but weren't able to profit largely on it. It's best to put your investment in something that has a significant impact on the crypto world, like Bitcoin. It's better that way and unlike other coins that are only for pump and dump schemes or something. Don't let this stop you from trying other stuff. Better make yourself comfortable in what you are investing in and not making a negative impact on your life.

Maybe it would be worthwhile to hold some altcoins, it depends on choice. If you made wrong choices, it doesn't matter how long you have waited for earning money. As you said it is best to prefer investing in potential currencies like BTC, ETH. For that l prefer investing in top altcoins, that is why I'm a long-term investor and l think BTC and top altcoins are great for the long term. There are a lot of currencies and most of them can get shit easily in the future. To hold them is really wasting of time, on the other hand, better make yourself comfortable with top altcoins as you mentioned.

kentrolla

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Catalog Websites

I don't think so, as far as I know the majority of altcoins rocked this time and still it's going on. Starting from defi project then comes nfts what much you need??

NFTs and defi gave more profit than ever, all these were mostly holdings the proverb of being patience worked for many of them that's how we need to see the trend. Holdings always benefitted.

Asuspawer09

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

That is surely the case when it comes to holding altcoins because not all altcoins in the market will pump in the market because there were just thousands of altcoins out there.

The best scenario was to hold bitcoin or ethereum for years and you could have a little guarantee that it will increase its market price throughout the year compared to holding other altcoins out there.

If you buy an altcoin to hold you also need to have the right method, and analyze if it is still worth it holding the token, and considered the time it will take before it increases its price, most of my strategy is selling I sell a few altcoins that pump already and convert it to other coins the is pumping to utilize the profit in just a small amount of time, you might think holding Cardano or Polkadot is worth to increase for like 5 years but is it worth it? I mean you could invest in some NFT token and earn x10 right easily, I mean just consider that.

wxa7115

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Bitcoin is GOD

Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Holding is a strategy that is supposed to be used only in bitcoin, I do not understand where people got the idea that if you hold altcoins especially those with low market cap you can make profits, in the majority of the cases those coins go back to their original value which is zero.

So you are correct when you say that your efforts were wasted but at least it seems you have learned something out of this, as such forget about altcoins and concentrate on the only coin we know for a fact is going to be here during the next decades and that it will go up in value in the process which is bitcoin.

ecnalubma

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www.Artemis.co

It depends, what coins are you holding anyway? Because if that’s a shitcoin then definitely it will not pump hard unlike top coins. The coins future also rely on the team on how they run the business, even the project is legit there’s no assurance that they might succeed in the long run.Honestly I also had bunch of shitcoins in my wallet, its a sore in eye and I wish I can get rid of them or burn them.

Charles-Tim

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Some people, especially newbies do think low value coins may pump more than strong cryptocurrencies like bitcoin during bull run because they have low marketcap that can easily double, triple or increase more during bull run. But this mistake has made many people to lose in the paste, some of the low value coins will remain shit coins while some even gone down the extent of becoming dead coins, while ensuing investors to lose great amount of investment. Investing in strong cryptocurrencies are much more better and less riskier, people do even prefer to pump strong cryptocurrencies more than low value ones. But some people can be lucky about few low value coins that can pump more than expected at times, which means to invest most all investment capital on strong cryptocurrencies like bitcoin.

Stalker22

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

That's right, not all altcoins will pump and give you a high dollar gain. As a result, you should only accumulate in coins that you are familiar with and believe have a promising future. Because there are many coins that have failed and become worthless.
Many people do not have a long time frame when it comes to investing. It's rare that people are willing to hold coins for over 3-5 years. So if you are holding for over 3-5 years, it's better to trade altcoins and invest in more familiar coins with established infrastructure. Do your research and make sure you're not investing in a pump and dump coins.

dimonstration

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Dimon69

I also have plenty of different altcoins from airdrop before that I hold hoping they will have more value but truth hurts that only few will really be able to delivered what people needs, we will need to choose now which is better among those coins who served save purposes and whose can outshine them. The safer decision now is to invest only with top coins in coinmarketcap and trade them to earn more. It's no longer advisable to hold unless its btc and we're too busy to trade.

crwth

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https://linktr.ee/crwthopia

It's sad to think that you have managed to hold for three years but weren't able to profit largely on it. It's best to put your investment in something that has a significant impact on the crypto world, like Bitcoin. It's better that way and unlike other coins that are only for pump and dump schemes or something. Don't let this stop you from trying other stuff. Better make yourself comfortable in what you are investing in and not making a negative impact on your life.

shinratensei_

legendary

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Leading Crypto Sports Betting & Casino Platform

That's why people will always try to throw the crap coin and replace it with the legit coin. there's no reason to hold the crap coin at this moment dude. Even since a long time ago and so many crypto experts were only giving suggestions to hold the legit coins. The crap coin can be only used as a short term speculation while it's too risky to be used as long term investment.
You have proven it even a few years already passed and garbage coins give nothing right now. Grin

CryptoATM

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People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Topic: Efforts of holding wasted - page 10. (Read 1541 times)