Topic: Huge gains and still holding ? - page 7. (Read 1631 times)
holding too long will cause losses. I think maybe the opportunity to get a pump doesn't come every day, so when it has spiked to 40x maybe it's time to sell and don't be too fanatical to hold. because it will only make us lose the opportunity to make a profit
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Sometimes you really need to learn how to control your greediness and learn how to let go, this is how to make a profit you don't make a profit from too much greediness it happens to me several times, the market is very dynamic it changes instantly and from time to time, you have to decide that will not make you regret later.
I'd experience this thing before, I miss a lot of opportunities because of greediness which I've to promise myself not doing it again but honestly, it was really hard and it can't be done so quickly. If we have come into this kind of investment where volatility affects the price, it was best not to follow our greed but to think what will be the best thing to do as holding wasn't good all the time, sometimes we got a mess.
In fact, Hex has gone up so fast and has now risen again to reach the price of $ 0.17 it shows that Hex has increased if it is still held it will be a big profit no longer greed but really a big profit that many who sell Hex first it is a great investment very appropriate if you buy at the lowest price imagine if the profit reaches 100x it will achieve a big profit.
I think I see some still holding even the price have made that far, its because they believe the coins are undervalued, and it's true some are, especially if the coin has a product, or for example a coin, where they use the coin to buy something in the game, or staking, the point is if you can earn while holding it, why you are going to sell it, but if you are talking about a coin who just pop up out of nowhere, that's a different story.
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I don't what your aim is but sorry to say you are doing it wrong
so why judge them when you dont know them or their goals ? what if thier goals is higher than yours ? obviously they are still holding at this point because they are caught up by the dip of their altcoin .if only each of us can tell if the coin has already reached its full potential or not , no one will ever make a mistake again but sorry thats not possible .
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Sometimes you really need to learn how to control your greediness and learn how to let go, this is how to make a profit you don't make a profit from too much greediness it happens to me several times, the market is very dynamic it changes instantly and from time to time, you have to decide that will not make you regret later.
The greed is always bad, huge market fluctuations can be extremely bad for impatient and greedy traders. Having a trading plan doesn't mean the person will obey the rules set by himself, sometimes they keep holding even if the market gave them all they want. Greedy traders keep ignoring the main rules of trading and they rely trading decisions based on their inside voice which can be misleading in the long term. Greed is good if you have an experience on the trading and you know what you are doing, IMO.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
I will never go to that level of greediness mate , yeah sometimes greed feeds me well specially when times that bitcoin is climbing best as i know altcoin will follow , but the highest holding i did? it is when i earn at least x2 for my altcoin and never that i did exceed on that.though yeah in bitcoin i did manage made it more than x3 years back.
People are greedy, but some people will resist the temptation.
If it was me. I will definitely choose huge profits.
But assuming it is a long-term value currency, I might hold it in principle.
That's it , if we believe that the coin we are holding is for long term then surely we will make it to the point of waiting until it grows to the level we wanted.If it was me. I will definitely choose huge profits.
But assuming it is a long-term value currency, I might hold it in principle.
holding too long will cause losses. I think maybe the opportunity to get a pump doesn't come every day, so when it has spiked to 40x maybe it's time to sell and don't be too fanatical to hold. because it will only make us lose the opportunity to make a profit
how i wish i have the guts to make hold that high, but i am contented having at least x5 in maximum expectation .
People are greedy, but some people will resist the temptation.
If it was me. I will definitely choose huge profits.
But assuming it is a long-term value currency, I might hold it in principle.
If it was me. I will definitely choose huge profits.
But assuming it is a long-term value currency, I might hold it in principle.
If I gained x40 profit I would definitely sell my altcoins because that's enough for me to earn that huge profit. Back in the year 2018 I really regretted that I didn't sell my altcoins at high price because of greediness I thought it will increase more but unexpectedly the market suddenly crashed so it was a really big loss. Don't be so greedy just be satisfy of your earnings but if you planning to hold for many years then good luck but make sure your altcoin you hold has a good project.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
HEX token is a scam though, it's a ponzi. Sure, you might have gotten rich if you bought and sold bitconnect at the top but most people got straight up scammed. Why not invest in a real project like Celo or NEAR? 
I don't want to be too greedy in trading or investing in this crypto.
Missing the opportunity to sell is really painful when we are expecting the price to gets higher but instead it gets dumped because we are already at the peak of the price.But, many people are still holding for too long because they really think that their asset will grow even bigger in the future. But still, it depends with their own preference and strategy for their investment to make them sell or keep holding.
I don't want to be too greedy in trading or investing in this crypto. When I hold an altcoin and he's already given me a 40x profit for example,
I'll be right out of that coin. Because then there will definitely dump, which we never know until when dump will occur. I didn't want to have
to wait years, because it was my mistake to hold coins with greed.
I'll be right out of that coin. Because then there will definitely dump, which we never know until when dump will occur. I didn't want to have
to wait years, because it was my mistake to hold coins with greed.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Greed is the beginning of the destruction of cryptocurrencies. because many people are greedy but in the end have to accept heavy losses because their altcoins have dropped in price to become worthless. a trader should have a profit target so as not to be a greedy person. if I become your friend then I will sell the altcoin when the profit I get is 20x because that is my target
When you stay long enough into crypto, you have to understand there is nothing so certain and the best course of action is to minimize the risk. That's why hold all the way even when it's already x many times before is very unwise. I mean you don't have to cash out all of it, just split it into parts: cover the initial investment fund, realize gains, and keep on holding tho risky but for more gains.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Investing has to do with timing, so if you had an investment plan for a cryptocurrency and it hasn't hit that price why selling even though you are in profit? You aren't trading but investing so you should always have a plan. Do not allow the market to determine when you sell instead make that decision yourself. You plans show be flexible also so you can adjust to all market condition that comes.
You are not been greedy if you have a plan and your investment has not reached that plan, just keep holding and you might gain more than those that sold too early. It has been proven that holding has always been the best strategy for investing in cryptocurrency. Only when you're trading that profit taking becomes very necessary.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Actually this is not a mistake, but indeed there is no choice for people but to stick with altcoins, everyone hopes to make bitcoin purchases, but speaking of capabilities almost many people don't have that opportunity, so the last option is to hold altcoins at this point.
There is nothing wrong with investing, even if you only use altcoins, you are too selfish to say it, there are times when altcoins can provide the best value at a certain time, it's just that we need to analyze the market and the current condition of the coin.
Precisely the mistakes people make are lessons to be changed in the future, this will be experienced by anyone, but never judge these mistakes.
Holders are winners as they say, yes it's true indeed because I have HEX tokens you mentioned and sold it last year because of the pandemic. Sad to see what price of HEX now, it breaks my heart so bad to see it wasted it and only I hold it up until this time it could be a huge money now.
The mindset of each of us is different even though our goal is the same, namely to get a lot of benefits. When Bitcoin hit $60K in April, of course the hopes of winning the Altcoin were the best according to some. Contrary to what I thought at the time, when the Altcoin price increased which was probably due to the increase in the price of BTC ($60K) selling was the right choice and I did. But not on HEX tokens.
You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.
I know some people who hold their coins until more than 100x gains and still hold it. Long time investment in cryptocurrency is not wasting of time at all unless you're buying shitcoins with no real projects behind the coin.
If you see a coin like ETH which it's ICO price was under 1$, it already have growth 3000+ times more than it's ico price under 10 years which is amazing in any type of investment. So i think long time holding is not bad at all if we are holding good coins
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