Its a good advice, whatever coins or tokens i earned i always make sure i sell some and hold the rest and that is even if the project looks very promising, holding new coins can be devastating at times, they can die even before a year or two
Right, because not all new coins are worth holding, unless the project is really real, then there is something we need to hold, because the price of new altcoins on the market will quickly change and even tend to fall in price when there is a lot of supply to the exchange. 
Topic: Good advice or bad advice? - page 5. (Read 723 times)
That's what I always say, cryptocurrency is always full of surprises, we never imagined it but it turned out to be an amazing surprise. I have experienced that, when in early 2018, I had a bounty reward that was not good enough so I ignored it and left it in my wallet, and when I needed the money and opened a wallet it turned out to be valuable, enough for one month's needs. So, when many friends started giving up, I chose to stay here, because there was still hope 
OP's advice is pretty good. So, if that is possible, leave a few coins or tokens in your wallet, let alone a potential one, who knows it will be very valuable. But don't expect too much, just pray that good luck comes again.
OP's advice is pretty good. So, if that is possible, leave a few coins or tokens in your wallet, let alone a potential one, who knows it will be very valuable. But don't expect too much, just pray that good luck comes again.
i have different token on wallet as might trader might have with decision on purchasing with least of price but sometimes i do not like their price as they speaks of poor english as indonesian kids/people... i decide to keep them away as might they ruin my work with the project to release for pupils of indonesia.
It is really hard to predict when to buy or sell cryptocurrency is really volatile and unpredictable, It is easy to say I hope they didn't sell their coins at a lower price but we are not in their shoes. In history, bitcoin has been leading these ups and downs and altcoins follow after a Bullrun bitcoin loses 90% or more of its price and then reaches new ATH after a couple of years I hope history repeats itself in the coming bitcoin halving and all we can do is believe.
It's not that hard if you have an information from the past but I do agree that it is for newbies to literally predict the market price when they don't even know what is the origin. Just like OP did he managed to get the profit that he wants because he keep searching for the valuable token and not just some random token which is out of the top coins in marketcap. Indeed, there are selected altcoins that can gain some prices when the market started to go bullish.
Cryptocurrency is highly unpredictable, sometimes you leave your coin and it dumps without any hope of ever recovering, and at another time, you sell and it just mooned and you loss a great opprotunity of fortune. If one can cope with the HYIP of rising and falling of altcoins then it's okay to hold for a long term, not everyone can cope without with holding their altcoin for too long due to market condition.
I must say that its a good idea to leave few coins when you need to sell them becuase we don't know what will happen in the future. Crypto market history may repeat but it might take some years considering the market movement these days. Everyone is waiting for another bullish market and if you want to maximize your profit, just hold and buy more during dips.
Many people are waiting for things where the price of all coins increases and they can get a lot of profit from it. And to buy more coins when prices are falling is indeed the right thing to do but I think it depends on whether or not the person is waiting for the altcoin season.
It is really hard to predict when to buy or sell cryptocurrency is really volatile and unpredictable, It is easy to say I hope they didn't sell their coins at a lower price but we are not in their shoes. In history, bitcoin has been leading these ups and downs and altcoins follow after a Bullrun bitcoin loses 90% or more of its price and then reaches new ATH after a couple of years I hope history repeats itself in the coming bitcoin halving and all we can do is believe.
Let me be candid here, If you needed money for very important reasons and your crypto holdings are your last resort, it's not bad selling off. For instance you need money for a major operation or treatment of a life threatening health issue, and it means selling your crypto holdings to remedy the situation, it's human to sell unless you are deceiving yourself. If it's a minor issue that doesn't warrant you to sell off your holdings, then there is no point selling off everything. Holding is good yes, but wisely.
You are talking about the old days when there was an era of the emergence of crypto space and the entire crypto community was looking into the bright future which in turn allowed to inflate such prices for coins. Now the situation is different, the market is oversaturated and there are many other problems associated with the popularization and integration of cryptocurrency into society.
from the case that you experience I think you should be able to learn from the experience of a few years ago when the price of coins is still cheap you can buy as many coins as you can and after that if you are in need of money then you can use other money without disturbing the existing money in the exchange so you will enjoy a lot of profit and can grow your trading capital.
Sometimes we underestimate the coin and don't expect that coin can be worth it in the next year. I think we already see that before and now, many altcoins still have the potential to increase in the next year. But I think the situation will be different now as the altcoin still not rise higher than the last year. But we see that some altcoin is still trying to break the higher price so the chance will be there. That could be good advice not to sell all of the coins and leave some amount for the next waves. But if we can compare bitcoin and altcoin, I think it is worth to have bitcoin than altcoin to be held for a long term because bitcoin price will increase in the long term while altcoin cannot always increase in the long term.
That coins are the potential ones, we never expected that the price of bitcoin will become expensive. People who bought bitcoin when it is still cheap are very lucky. The thing is you are never sure if the coin that you are holding will become expensive in the near future. Make sure that before you hold a coin, you know information about it and you are that having it is really worth it. 
Good projects will always have high demand and high demand will result in more scarcity, i belief any altcoin can still change anyone's life, real use case projects will never go wrong, let this be for aim now if you want good result in future
I do not understand what you are saying, because it is very clear that a good project will always have high demand, but I do not understand the statement you say "high demand will produce more scarcity" if you can explain the words that exist in the quotation mark? 
Yeah sure it is a good example, but you need to see the future to make such trades. It is real that people just forget about several bucks in BTC, but to invest those money into right coin at the right time and repeat it several times is impossible.
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Sometimes we underestimate the coin and don't expect that coin can be worth it in the next year. I think we already see that before and now, many altcoins still have the potential to increase in the next year. But I think the situation will be different now as the altcoin still not rise higher than the last year. But we see that some altcoin is still trying to break the higher price so the chance will be there. That could be good advice not to sell all of the coins and leave some amount for the next waves. But if we can compare bitcoin and altcoin, I think it is worth to have bitcoin than altcoin to be held for a long term because bitcoin price will increase in the long term while altcoin cannot always increase in the long term.
in this case the future no one knows for a moment about investment whether bitcoin or altcoin will be even higher in price mate ,well all of that is more appropriate to the community if we work together then it will become a reality right ,good advice if the investment in long term but still the risk must be known if you invest history maybe repeated in the future but it must remain realistic
I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
Just don't forget which ever wallet you use and alt you invested. Some alts tend to change in their use or assigned wallet or exchange so we need still to be updated. While it's good to left them so we don't worry whether they increase or not, we still need to be updated for development that alt is up too or atleast read teams announcement since they are changing sometimes that we need to do actions to not lose our token. I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
@FireBallex it’s a good advice but leaving few dollars in bitcoins is not going to help you, because back then prices were very low so people that decided to hodl thier crypto’s did benefit from their decision. However in current scenario one needs to buy on dips, and hold a good amount of funds in crypto’s to profit from their holdings in the long run. While there’s no doubt that people often need to sell their crypto’s because of sudden financial emergencies, and for this I suggest only to invest thier surplus funds which will reduce the need of selling thier crypto’s.
Good projects will always have high demand and high demand will result in more scarcity, i belief any altcoin can still change anyone's life, real use case projects will never go wrong, let this be for aim now if you want good result in future
if the price is not worth it, I will not sell my assets. Well, the years before 2017 taught us a lot about holding our assets. right now there is the same potential as 2017, well, I won't sell my coins now. although it's not like 2017, I think it will happen or repeat every year. remember this year, it happened in June. although different, but the increase is there. Well, I think in 2020 the increase in crypto prices will also occur
Its a good advice, whatever coins or tokens i earned i always make sure i sell some and hold the rest and that is even if the project looks very promising, holding new coins can be devastating at times, they can die even before a year or two
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