Half bread is better than none - page 5.

nrvasquez

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Quote from: tycsols on October 29, 2020, 01:02:01 PM

Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

The biggest problem is that most of the new projects when listed on exchanges their price keeps going down. You have rightly suggested to take profits but how one can take profit when the price stays even below the break even. This is just like getting trapped but lets hope that the market will improve in investors favor soon.

Again, i think it depends on the project's team capability. there are also a lot of projects that have good team member that can still maintain their prices, but you also must know that this is crypto, we all know that its high risk

akram143

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

Some coins may give initially, some coins may give profits at the unexpected time, and a lot other coins will never ever give profits to the users because the project team itself will dump them and make it worthless.

Lordhermes

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Even if the noise of take profit is been alarmed everyday, some inventors wouldn't listen, what really kills them is stinginess.

Defi is yet to stay, same thing as shitty ones too without background use case, investors will still fall in the trap of patient holders thereby losing drastically which the initial price can never come back thereby leaving investor in recovering phase instead of hitting sell button taking profit even if 5% gain. It pained seeing investors ignoring the slogan " take profit"

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Quote from: 24Kt on October 28, 2020, 05:19:25 PM

Quote from: tabas on October 28, 2020, 05:12:39 PM

It is scary if you choose random altcoins and you don't know exactly where you are investing. Some altcoins are worth to take and it's only happening if you do know the history and potential of that altcoin.
But if you are only riding the hype, sorry but you're likely to lose a lot. See those yield projects and other defi projects, many have been made but only a few are continuing.

I don't expect that a lot of them will survive after the defi hype is over. It is very obvious that most of them are just fake imitations, like imitation from imitation. Even their websites, they are blatantly copying others. I hope people are now smarter than before and don't fall for the hope that they will get their riches from these defis. It is always better to dig each project that you seriously want to invest, not just following some hype or someone else's advice.

Yes, it seems that the defi hype is totally over. But they have established a market that can continue on its own even without the hype that it needed before.
The newest projects shouldn't expect a lot that the investors will chase them as if there's still a lot of money that can be profited in them. Money was overflown to the defis and it wouldn't be the same anymore like the old projects.

ingiltere

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If you don't %100 believe for a project, then you are right, it's risky to stay for a longer time.
Most projects are like that, take profit and leave until next bubble or hype. But there are some coins that prove their quality and you don't have to worry about such thing.
For example I didn't trust Ethereum when it first came out, but now it's proven quality coin despite some minor problems.

tycsols

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

The biggest problem is that most of the new projects when listed on exchanges their price keeps going down. You have rightly suggested to take profits but how one can take profit when the price stays even below the break even. This is just like getting trapped but lets hope that the market will improve in investors favor soon.

barbara44

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

This is the exact same thought process almost all the bounty hunters have as they do not want to wait and hope for better prices hence they want to dump as soon as the coin gets listed on the exchange at whatever the value is, if even it is 1/10 of the expected value. I don't want to say this mentality is wrong or needs improvement but frankly speaking sometimes if you wait you can earn so much from a single token which is more than you will earn with all the coins combined in your life.

It all depends on your financial situation and if you sell for a living then maybe it's right to sell asap but if you have enough stability and only earn these tokens for savings and enthusiasm then waiting might be worth it.

cepot9

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That is why the cryptocurrency is said to have a very big risk because the price is so volatile and there are many unexpected projects where they will survive to continue to develop it. Serious projects will certainly be easy to pass because they also build strong communities. Take profit and quit if you don't believe and if ready to lose then hold on.

peterpanda

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

It is really true that investment on altcoin is so risky at this time. 2018 was a good year for investment in altcoin. If we want to be safe then we should invest on bitcoin, ethereum, BNB but profit won't so high.

gantez

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Quote from: DeadCoin on October 29, 2020, 11:22:29 AM

Quote from: yslyv on October 27, 2020, 01:01:11 AM

Yeah correct. I also did it many times. We are trying to be rich quickly. But crypto trading is like a marathon. The purpose is increasing the capital slowly. Shifting stop losses to profit side is always very helpful to do that.

exactly, we should be quick because when weak accessible to anything from trading I think even half of the bread we can't get. because every round in life has really failed.as if always with thorns.

Trading surely requires patients to have success at the end time. No need to be in a haste because you can regret from a wrong move out of rush. Taking it slow in building the trade can help in confidence level and you make little mistake that won't destroy all you have built.

DeadCoin

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Quote from: yslyv on October 27, 2020, 01:01:11 AM

Yeah correct. I also did it many times. We are trying to be rich quickly. But crypto trading is like a marathon. The purpose is increasing the capital slowly. Shifting stop losses to profit side is always very helpful to do that.

exactly, we should be quick because if we are weak to access in any part from the desirable trading I think even half of the bread we can't get even a little. because every round in life has really had a failure situation, as if always with thorns.

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

I know someone he bought meme tokens when the price was still high. However, because he is an NFT artist, he said that it was not because of profit or not. An emotional decision, but it does exist.

FanEagle

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You should always try to see none as an option, because if you do not see none as an option, they will make sure that your half bread is standard and nobody should expect a full bread. If you focus on the small givers and half empty promises and basically just bad practices just because you made 20 bucks that month thanks to it, instead of 50 bucks you got promised, you can't just say "well 20 bucks is better than 0" because that means "20 bucks is fine when promised 50 bucks" as well, and people will use that.

This is the reason why try to get all of your bread, try to make sure you got everything you earned, and if not do not shut up about it just because you got paid a little, that is a shut up money and not what you deserved, you should still continue to complain and accuse the people who didn't give you the full bread.

Kunnu

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Obviously the temptation to make huge profit with new altcoins can be harmful we mustn't wait too long for a suitable time because circumstances may be change anytime it's better if we're in profitable state then we must take it, falling in temptation to make more profit could end up with loss.

articlecity

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

The thing is that we all are greedy and no matter how big gains we are seeing we will aim for more and more, I confess i have missed to take profit many times just out of greed thinking that price will keep going up. So yes we do need some profit taking strategy.

pixie85

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Profit is good but if we went to follow that advice with every single investment we'd always end up with a low/mediocre profit.

Many early Bitcoin investors did that mistake and sold when their investment doubled. How would you feel now if you had 100BTC bought for $100 a coin and sold them all for $300 in 2013 and then came back in 2017 to see 20000 USD?

Of course the above doesn't change that most altcoins are bad and will depreciate in value over time. You have to know what to hold.

Reid

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Lesson learned a long time ago.
I don't wait too much if it ain't that special for me.
I got like 3 in my altcoin list that I fully support and until now they are still kicking.

But, there are projects that need to be sold after listing.
Sell and leave. That way, you won't regret it if ever a strong pump happens. Never look back.

TheClownSong

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

In my opinion, investing in altcoins is indeed a high risk because there are always new altcoins with the same project. Investors will always speculate that new coins and old coins will be abandoned except for the old altcoins which are established and are in the top 10 coinmarketcap.

In addition, many old altcoins whose projects did not develop and could not produce products were abandoned by investors. This is one of the factors that keeps the transaction value and liquidity down

Gotumoot

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Quote from: Mighty_crypt on October 27, 2020, 12:42:23 AM

Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

Yes profit is profit no matter what and we should be thankful for it no matter how small or big it is.
I remember hearing that there are still profitable airdrops nowadays some got huge profit from it and others prefer to hold but the value went down after the hype and regret not selling it on the peak price,
But for me they should really be thankful no matter what they got at least it is from airdrop they didn't work hard for it, It is like free money after all.

Kvalentine

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For all those who are saying otherwise they haven't experienced loss in the process of holding coins that's why they are against what OP is saying, I've have hold so many coins in the past, they had high value but because I was greedy I keep holding on until they become worthless, another bad experience is ESH, I invested 3000$ on this coin and now my wallet shrinked to 150$

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