Hoddle or day trading - page 7. | Bitcointalksearch.org

isaac_clarke22

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Quote from: wheelz1200 on December 30, 2021, 05:16:24 PM

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I thought ICOs were already a thing in the past and they aren't relevant anymore after IEOs took over back in 2018. Didn't know that people are still pursuing for these kinds of projects regardless.
Aside from ICOs also, I would also add up to stay clear of meme coins as well as it pretty much matches how you described as "pump toys".

bhooscream

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Do those coins have good trading volume and token circulation in the market? In the reoutable exchanges? If they are, it may be better if trading daily in order to at least get profits from them. But if you think that the project can really grow successfully, just hold them.
It may be risky but every decision needs risks. But consider the risks and also profits, which is better and higjer chances.

wheelz1200

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Quote from: MrcMrc on December 26, 2021, 04:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Stay clear of icos lol. Most end up with one pump and then die right after. Don't be a bagholder of all of those coins. The only ones you should hold are bitcoin and a few others with promising futures. Otherwise they are all pretty much pump toys for people to get more bitcoin

Silberman

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Quote from: oemar bakrie on December 27, 2021, 11:14:02 PM

my advice is to look for new coins again, and with existing coins but just move quietly forget it and we have to start the early stages again by buying or following the purchase of coins with the ico system.. and all of that there will be new benefits again..

But that is a mistake, after all the OP invested in new coins and he lost money, why do you think that if he does the same thing once again this time the results are going to be different? If the OP wants to obtain different results then he needs to do something else, and the best thing to do is to invest in solid coins that are not going to crash all the way to zero, will the potential profits be lower? That is true, but it is way better to obtain small profits than to lose all your capital.

Ngewex Yuk

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I prefer daily trading than holding for long periods of time, this is because we can get big profit opportunities from daily trading, of course it does not guarantee that daily trading is always profitable but I am a person who easily panics and can't wait to see prices go up or down significantly.

arifteguhr

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Quote from: oemar bakrie on December 27, 2021, 11:14:02 PM

my advice is to look for new coins again, and with existing coins but just move quietly forget it and we have to start the early stages again by buying or following the purchase of coins with the ico system.. and all of that there will be new benefits again..

New coins are also not all good and even only good for a moment, but for old coins that can still survive in very difficult market conditions is something that must be seen because the potential is always there when the market recovery starts to occur.

lepbagong

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Quote from: oemar bakrie on December 27, 2021, 11:14:02 PM

my advice is to look for new coins again, and with existing coins but just move quietly forget it and we have to start the early stages again by buying or following the purchase of coins with the ico system.. and all of that there will be new benefits again..

buying new coins in a new project that will be developed is clearly very good and of course also a big risk if you do the wrong analysis, because many new projects that are currently in a situation like this are currently not doing well, many of which result in scams. always look for the positive that new projects if searched properly can be very profitable. your advice is very good but always just be careful.

but there is no harm in trying with coins that have entered the market and the prospects are also quite good and there is no harm in trying because the main goal is the profit we will receive.

ethereumhunter

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Quote from: oemar bakrie on December 27, 2021, 11:14:02 PM

my advice is to look for new coins again, and with existing coins but just move quietly forget it and we have to start the early stages again by buying or following the purchase of coins with the ico system.. and all of that there will be new benefits again..

If you search for new coins, you need to realize that you will not have an unknown time to sell the coins at a high price. Besides that, you need to have a patient by holding for some time without knowing if that coin can rise in the future or it will stuck. Maybe the advice will be to search for the existing coins and try to analyze them so you will have a chance to make a profit and not waste your time holding the unknown coins that do not know when they will rise.

Ararbermas

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Quote from: MrcMrc on December 26, 2021, 04:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

its up to you mate which for you is a good choice despite of the situation. Because you know there's a right time as well you can get good profits by holding especially if your token shows green again. And when it comes trading you must be skilled and knowledgeable how it really works. if you're just a beginner for sure you will still ended losses after all.. So think about it mate.

danherbias07

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Have you checked the roadmaps of those ICOs that you bought? Are the coins that are still in stable price making progress about the roadmaps? Then check their social media, telegram, or discord group if there are supporters who do have high expectations about the project.
If not, better sell them and get over it. Try to invest it in a different platform if it doesn't work at what you bought last time.
NFT's are the new hype now so I think that is where we could more profits now rather than the old ICO style of investing. Buy and sell the NFT coins and you might make more and be able to recover what you lost. Just DYOR.

oemar bakrie

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my advice is to look for new coins again, and with existing coins but just move quietly forget it and we have to start the early stages again by buying or following the purchase of coins with the ico system.. and all of that there will be new benefits again..

asriloni

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You wanna make some profits now and you must have liquidated some of your assets to get cash to be able to trade in the market. Selling your old dead coin is the wise decision rather than pick some from your coins that are still having stable price. Your daed token will be useless if you didn't use it as a fund to trade in the market but the question is whether your dead token is still having some value? You should always do a research even for all of tokens in your portfolios to avoid the same mistake after one of your tokens becomes dead token. There's no guarantee if you are doing a day trading and then you can earn instant profit and the only thing that I know is sell your dead token for some bucks and trade it on spot market. You must be also selective when choosing a good token or coin to hodl. Remember that sometimes the performance of project can drop a lot.
You must aware when this happens. You can also try to change your dead tokens with a legit tokens by moving your funds from there.

michellee

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Quote from: michellee on December 27, 2021, 10:35:34 AM

Quote from: LangePara on December 27, 2021, 08:05:26 AM

Do you believe in the project? Yes? -> Hold.
Do you believe in the project? No? -> Sell.

I agree with this. As long as you still have hope and trust in the project, you should hold it and trade if you want. He needs to find out if his coins are good and can survive for a long time and have the potential to rise in the future. Otherwise, he can sell it before it is too late to realize and see the coins finally delist on the exchange. I can say that because I have experienced a coin for a long time while the price is stable and not showing a sign to increase but suddenly, the exchange shared the news that they will delist that coin.

There were project that have a good idea but sometimes didn’t continues their momentum of hype or somehow lose their track, when I know that the project is quite good I prefer to invest early then sell half of it when it already reach a certain point of hype or profit. I still left some to not regret when the price pump again or when the price happens to decline. The good thing when we know the project is good is we can have a peace of mind even I only left just a portion of it for long term investment. If we know the project is boom just because of some news or hype better take only the opportunity to sell it just in that moment since it may only be good for short term.

Usually, when the project starts rising, it may have a new conflict between the team so which can make them lose direction to continue the project or walk away from the project. I have seen this before so I think this could be the reason why the project can not continue to rise while they still have a chance. A good investor will not sell all of the coins, especially if he knows that the project has a chance to rise in the future. But if you think the project can not rise while the price is still at the high price, you can sell it right away before the price is down.

Silberman

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Quote from: MrcMrc on December 26, 2021, 04:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

First of all it is a huge mistake to try to hold coins that you bought at the ico stage, I do not think I need to explain you why this is the case taking into account the losses you have suffered, this leaves trading as the only option but even then this is going to be difficult, are the coins in which you are invested so unpopular that they have almost no volume? Because if that is the case then it is better for you to not trade them either, instead accept you made a mistake, sell your coins and then trade some altcoins with more volume that cannot be manipulated as easily as those coins, like ETH.

tvplus006

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Quote from: MrcMrc on December 26, 2021, 04:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

The answer depends on how well you did the research before you invested in new coins. If you succumbed to hype around this project and invested your money without sufficient research, you need to sell this coin and focus your efforts on market research for subsequent investments.

Tellek Garing

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The choice is yours to make, if you believe in those projects and lack adequate trading skills then I will advise you to hold those coins but on the other hand, if you don't trust the coins and the price is dropping I advise you to exchange them into more stable coins such as ethereum which have a greater potential and stable price growth rather than holding a coin that can easily get dumped in the market.
But before diving into trading makes sure to have developed good trading skills.

Mpamaegbu

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Quote from: MrcMrc on December 26, 2021, 04:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If the altcoins are at a stable price like you said, it's better to trade them than hodl. It means it's simply ranging. All you've to do is find the low (that serving as support) and high (resistance point) of the range and then apply the necessary action of sale at high and rebuy at low. It's safe to do that and not get hurt when tokens are ranging.

ubg

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maybe swap those tokens out for some good layer1s then pool them and earn a guaranteed return on your coins. The apy might fluctuate, but you'll definitely be earning. You can even go as far as use a aggregator to compound your LP tokens.

nitin8263

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If I talk about in my views day trading is the best strategy to make a huge earning because in a day trading you can easily 10-15% per day if you trade in good alt coins, if you hold your investing for long term its a good idea but when the market crash then you do not have a chance to earn.

masterrex

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If you ask me base on my opinion, I choose HODL compared to Daytrading because day trading is very complicated and stressful, otherwise, if you have a huge amount of capital and you are knowledgeable enough to drive the challenges on day trading then you might proceed but in case that you were not posses those requirements you better choose HODLing to ease your situation.

But your situation is relatively different, it means you are hanging without balance! I guess you better sell that if you have generated a profit already, to compensate your losses on the other ICO coins that you currently hold. I think that's better to break even and start again.

Topic: Hoddle or day trading - page 7. (Read 1212 times)