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Topic: How hard is it to make money of altcoins? - page 2. (Read 1012 times)

legendary
Activity: 1834
Merit: 1036
September 21, 2017, 09:25:37 PM
#7
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
If your way to increase your stash of altcoins is trading, set a goal or an exit price when you buy a coin. This is the same problem that I encountered few weeks ago when my $100 turned to $900 because of NEO but instead of selling I hold a little more thinking that it will continue to increase but it dropped when ghost month started. Always identify your exit price and move on, a 3% profit is better than 0%.
sr. member
Activity: 316
Merit: 250
September 21, 2017, 09:20:32 PM
#6
Trading in Cryptoworld = discipline trading. Hold and have patience. If your purpose is short term trading then take any profit you can make. If your purpose is investing then keep it for months without looking at it, do these things and you will be rewarded with a lambo
full member
Activity: 126
Merit: 100
September 21, 2017, 08:59:55 PM
#5
Need to invest after a long research
if you are just starting its better to invest in an actual coin, not ICO token..
there are plenty POW coins that will grow
full member
Activity: 154
Merit: 101
September 21, 2017, 08:58:02 PM
#4
Low cap altcoins are very volatile and investing in them is a big gamble. The trick there is that once there is a pump sell a portions of your altcoins to get your initial investment back then let the profits ride.
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
September 21, 2017, 08:43:32 PM
#3
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.

Takes understanding and calculated risks - just slinging into a shitcoin and praying will take a small miracle otherwise...
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 21, 2017, 08:41:28 PM
#2
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.

there is always a miracle soon but you need to wait. I see you make profit $450 in one night but I guess you are late to sell bnb, right? there is not too difficult to go from $250 to $650 but it won't happen in one night again because people will do it in othe coins. this is important lesson you can get, sell while you are make profit and don't greedy just to expected bigger profit because in other second, the price can be down too far while you are missed the high price to sell your coins. my advice is better you wait again and hope that the price will be increase again soon.
newbie
Activity: 21
Merit: 0
September 21, 2017, 08:32:23 PM
#1
I went from $650 to $1100 in one night investing in bnb then it crashed all the way to $400. I got very tilted and gambled it trying to win my profits back but I ended up down to $250 and am very fucking tilted. I need to make my initial investment of $650 back or I will lose my mind. How difficult is it to go from $250 to $650? I'm guessing its gonna take a miracle.
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