Topic: Half bread is better than none - page 6. (Read 1428 times)
I support the motion, take profit and leave very limited percentage of the token or coin in your wallet just in case it surge in future, you'd still make some profits in this process, been greedy will keep pulling you back, I've learned the hard way and it pains me that I was like that in the past.
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.
True and people invest in any coin that gets listed on the exchange recently, I mean people always feel like when a new coin is listed on exchange it will always go high which is true for many coins but one must cash their profits sooner rather later because the price drops quite drastically after the initial bump that happened because of the new listing.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.
The DEFI hype looks over and so are the number of tokens that were being made in the name of DEFI. I think it is safe to say that now the hype is settled and only good projects should be able to raise funds because months back everyone was raising money even with fake DEFI projects. 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's very dangerous to hold any altcoin without proper analysis and again not taking profit is wrong, you may want to hold the coin for years but that shouldn't stop you from taking your profits while you can, take profit and wait for days or months for a new dump and buy some back.
If you are good at doing research you can easily find strong coins to hold but make sure you take your profit when the coin gets to a certain new price, there is no guarantee that the coin will keep growing, only very few coins did very well after a year or two like ChainLink for example.
I will only hold a coin that comes with benefits for long term, there are few coins that gives you something in return while holding them, for example Tron, holding Tron will give access to new coins and you will get Airdrops on your Tron wallet from the new coins depending on how many Tron coins you have.
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 totally and strongly agree to what you have said even its a small or a big profit it is still a profit that you have earned so make the most of out it. It is also true that several familiar cryptos/altcoins are now vanishing time to time that makes it really scary to invest to new cryptos. But if I were you I suggest that you stick in investing to the top rank altcoins even its too risky it will really benefits and can give you a reasonable profit. 
There are some promising altcoins that are worth your time, you just need to make a research about them, remember people say the same thing with bitcoin, look where is it now, ethereum, litecoin, Dash, it will only depends on how their devs will work on this said projects or updates.
surely alts can make you rekt very easily. My strategy is always to hold strong alts which are in market from quite some time and doing good progress technically. Secondly if i am holding any alt fro mid to long term and its price 2x. I prefer to sell my initial investment. And thus i am left with actually free tokens only.
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, that's why we should really be careful when choosing an altcoin, it is better to take risk in new altcoins that are promising than those old altcoins without any updates on the project or any development. Their prices will likely decline in the long run. Unlike in new project, there are possibilities that it will boom any moment once you have found a good altcoin. 
Are there any coins in 2017-2018 that have reached ATH, and now the price is above the 2017-2018 ATH again?
yes that's a picture of altcoins, if we measure it by price. If we measure it from how the community is, it will be clearer which altcoins will survive because of a good and loyal community as well as coins that are only Uforia because the community is not clear.
yes that's a picture of altcoins, if we measure it by price. If we measure it from how the community is, it will be clearer which altcoins will survive because of a good and loyal community as well as coins that are only Uforia because the community is not clear.
Put this into your mindset and you’ll be good forever, don’t wait for a much bigger profit you have to face the reality because you can’t be rich in this market without taking profit. The new listed altcoins usually pump on its first week and after that, expect it to dump so don’t hesitate to sell every time you have the chance. Its ok to hold but make sure its on the top position and have a better chance to go up, like Bitcoin.
that's a good word from you. i also with you. most of traders of investors are greedy and didn't learn from their fail in the past. they want to become rich in one day. maybe they become greedy because they have some regret too. in example, they hold a coin, then the coin goes up 50% that day and they take the profit, but in a few hour the price is going up to 150%. they regret to sold it. the next day they hold another coin, even the price up they didn't sold it, because they want a big profit like the other day. but the opposite happened, they just keep to get some loss every day. 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.
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.
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.
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.
Honestly, you are right, investing in altcoins is more scary than I thought, and holding them is very dangerous cus the price could just drop and you will never see it anywhere that price again, so many of those altcoins back then in 2018 are all dead right now, most of them never had a real use case and some of the projects failed to delivered what they promised, I would always advice any new trader to stick to bitcoin and a few top altcoins only.
Many coins / tokens were created but only a few survive because natural selection will always occur. Believe it or not,the old altcoins that are always creating something new, such as making new partnerships, etc. We have to be aware that some projects today are like monotony and only imitate the previous ones. Hit and Run will be very useful because long-term investment into a project that is still not recognized the quality will only create new losses.
The altcoin market is always scary because when it want to crash it always be a pile of cake melting under hot temperature, you can lose everything within an hour and at the same time make huge profits. Once it comes to altcoins just take the profits when you can.
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.
altcoins for me are like something that is both very tasty and very dangerous
on altcoins, you can make a fortune in a few weeks and at the same time completely lose everything in a matter of hours
I try to be wary of them, but at the same time I buy them and invest in new projects
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 problem here is that majority of the projects that were created are to pump and dump the coin and majority of the people here in the forum had a good time during that period making a ton of money basically simply doing nothing and so is the reason majority of these projects are either dead or abandoned and now we have the DeFi hype and i am expecting the same. Legit projects will always thrive in the long run and there are only a few in the entire cryptocurrency space.
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.
You're right. Cryptocurrency is cyclical and every time we can see falls after ups. Therefore, profit-taking should be the basis of a rational hold.
While fixing won't get along well with hold, how can you make a profit without fixing?
Even if you are the most conservative holder, sooner or later you will have to fix your profit, because this is the essence of hold.
Yes you got that right, another way around this is to invest in IEO from binance exchange, I haven't seen a IEO project from binance that disappoints unless you decide to hold after all that 2X to 7X gains which is a wrong move
I have participated many times in IEO, which were held on Binance and many times won the lottery for the right to buy tokens. And now I understand very well that after the coin is listed by Binance, it is necessary to sell it as quickly as possible, because the price starts to fall in a few hours. And this fall continues until the price is halved.
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