that is a very true statement. If you look at the situation from the past, it's better to take big or small profits, because that's better. it's just that sometimes the potential of an altcoin is quite large, and many people prefer to hold back rather than take a small profit.
things like this also very much happened from 2017 to 2019. the proof is that until now there are still many people who hold back altcoins that used to choose high prices, but have not been sold until now, and are still waiting for the price to rise again.
Topic: Half bread is better than none - page 9. (Read 1394 times)
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.
Because people don't realised that altcoin is more volatile and dangerous than bitcoin. And I believed that there are still investors who thinks that they can still make profit just like 2017. If you have set this mindset in the beginning then you will likely lost already. Of course profit is profit, but there are greedy people here, who wanted more, so when they have profited already, it's not enough for them. But I do agree that to an extend, if you have make profits then exit and reinvest on our projects to keep the ball rolling for you. No need to target 100x to 1000x or even higher because you need to have an element of luck and it is seldom that you can get into a project that will give you that huge profits.
We've got more altcoins that are highly profiting, but we can't take the profit everytime for some reason. At times even an altcoin with good trading volume go low with low trading volume in no time. This is very big risk, because we've bought it at a lower price and the price has grown little. When we go to sell it out and take the profit there'll be bots which never lets us to execute the trade.
It's no surprise that some make big money from scam projects, I've read online that someone make biggest money from a scam ICO project in 2017, something that inspired me into promoting projects, my aim is to get paid and take my profit instantly, whatever happens to the project after is none of my business, I only trust top altcoins and bitcoin
Most them were failed to deliver the project main goal that they promise during there startup. This is the best example for expectation vs reality post. It's easy to promise a brilliant idea during initial stage but most of them didn't continue the development due to some original member already leave the group after they received there share on the token sales that locked for a certain period of time. They are just still alive because they want to exit scam slowly to avoid being sue by investors. They are just waiting for there community to slowly die just like many project did and announce bankruptcy later.
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.
There are too many coins which makes it difficult for new traders to choose and they end up losing. thats why its a good idea to stick to alts that have been tested through times and continue to show progress and stability. If you keep gambling from new altcoin to next new altcoin, eventually you'll end up losing everything you have gained.
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.
There are too many coins which makes it difficult for new traders to choose and they end up losing. thats why its a good idea to stick to alts that have been tested through times and continue to show progress and stability. If you keep gambling from new altcoin to next new altcoin, eventually you'll end up losing everything you have gained.
You are very correct, this is why my best pal in crypto space is stable coin, BUSD and USDT, whenever some profits are available for me I've quickly turn them into stable coins, this way I progress easily compare to the past that I kept losing money simply because I wasn't satisfied
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.
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,
Honestly they are not worth a cent of money or time.The altcoins that became big with the 2017 pump are now shitcoins. Most of those projects ended up the same way either a failure or a scam. If you are looking to buy those thinking that they are going to be big some time, then you are being foolish with your investments. A vaporware it might have been and thus you should move your focus to bitcoin.
All new project altcoins end up the same way. Rest of the top 10 are still buy-worthy.
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.
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