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Topic: I believe this is the way - page 2. (Read 808 times)

full member
Activity: 2240
Merit: 175
#SWGT PRE-SALE IS LIVE
October 30, 2020, 06:35:06 AM
#68
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

That's one way and probably the best way to make money from holding coins, but not everyone can follow the price of the coins they are hodling, and people do not want to trade continuously they are more comfortable hodling their coins and just sell it one-time big time when they hit the price that they want to sell their coin, it could be 5 times or ten times of the profit.
sr. member
Activity: 1582
Merit: 333
October 30, 2020, 05:43:01 AM
#67
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it
so easy to said, but when we face the fact maybe we will regret invest in crypto market . gain profit in market was really difficult if we have skill in trading, many traders lost their money in their first investment. moreover if we see extrem pump and dump it will make us panic and cut loss our position. but if really struggling in crypto market can not be denied this is the best way to make us rich in near time.
member
Activity: 352
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October 30, 2020, 02:40:15 AM
#66
If you think that is the way to earn profit then I think it may work as long as you have patience not to sell or buy right away and you also have patience to check the price of crypto you like from time to time.
full member
Activity: 588
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October 30, 2020, 02:12:45 AM
#65
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

Yeah good idea. But what about when we buy a coin and it never goes up?  Cheesy It is still not bull season so all alts are falling like crazy. So i dont think there is a working way to make profit from alts nowadays.
hero member
Activity: 2604
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🐺Spinarium.com🐺 - iGaming casino
October 30, 2020, 01:49:25 AM
#64
The motive for joining the crypto world varies from person to person, but I agree that money is behind all of this, not just looking for information or the like. But until now what I have experienced is uncertainty. Here is the challenge.
Indeed. The motive is making money from crypto because they see many people are making much money from crypto. But if they don't learn about crypto and don't have a plan about what they need to do, they will not make money like others. Yes, that is a challenge for them because they need to compete with other people who do the same as them. And if they can improve their skills in what they do in crypto, that will make them make more money. But they need to remember that they need to manage their emotion because the crypto is always volatile.
sr. member
Activity: 2800
Merit: 344
when lambo...
October 29, 2020, 11:13:39 PM
#63
Crypto space might give us what we aim for (getting rich). However, it never works that smoothly, faster as we think about it before. We have been brag by those beliefs but I don't feel and think about regrets coz in reality, that all impossible to work in a very short period of time. If we are closing the possibilities that we can make money from here, getting rich someday, we are just making ourselves far away.

Positive mindest = positive result

Not all of us have been that kind of thing and a reason why they are quitting, bored about waiting for the market to pump, a losing end comes next to them.
full member
Activity: 532
Merit: 100
October 29, 2020, 10:20:34 PM
#62
The motive for joining the crypto world varies from person to person, but I agree that money is behind all of this, not just looking for information or the like. But until now what I have experienced is uncertainty. Here is the challenge.
sr. member
Activity: 1288
Merit: 253
Seabet.io | Crypto-Casino
October 29, 2020, 07:19:53 PM
#61
What if, you buy the @$1 then you sell it @$2 then the price keeps increasing to @$5 then stable for a month between $4-$5 because stable for a month now you decide to buy it @$4 because you think the price will hit $5 again even more, but after you buy it the price is dumped to $0,5

This is only a simple example, the point is crypto is unpredictable, you can make such a plan but it's hard for it to happen, because if easy we would see so many rich people in the crypto world.
member
Activity: 854
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October 29, 2020, 07:04:33 PM
#60
You have a point and i believe  that most newbies also thought it was that easy when they joined the crypto space, but believe me, it is not.
cryptocurrencies are extremely volatile and more often than not, a coin will likely not make 2x after you buy if
you have to learn the skills of trading to truly benefit from this type of market
that way, you can analyze projects both from the fundamental analysis and what the chart says in the technical analysis
also you can leverage your positions in order to gain more profit from your winning trades.
member
Activity: 686
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PUGG.io
October 29, 2020, 07:03:56 PM
#59
Quote
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle
it is easy to say but difficult to do. we need analysis and the right timing to sell and buy. the key is patience and not rushing into decisions to avoid losses
full member
Activity: 1232
Merit: 186
October 29, 2020, 06:13:52 PM
#58
Dude you are not alone in this one. I'm pretty sure that most of us here are thinking the same way unless such person is already contented in simple and less riskier means of earning.

Hodling can give you profit for now but Trading can do it forever Wink. So don't hesitate to deal with risks in exchange of greater rewards. Step outside your comfort zone. Yeah you might fall hard but shrug it off because everything will become sweeter if you stand up again.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 29, 2020, 06:03:07 PM
#57
No one is going to hold until his/her death. We all are aiming for profits as we hold. But, we don't have the same timeframe until when we're going to hold. Some are okay with 2x profit and others have a timeframe of 1-2 years and the rest more than that until they see the exceeded price that has been in the talks and speculations of most crypto investors. We're all bound to sell anyway regardless of the price that we're aiming for. Just don't be a panic seller at loss.
full member
Activity: 546
Merit: 148
October 29, 2020, 06:00:19 PM
#56
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years.

Its not all planned event that comes to pass, some planned ones worked out amazingly beyond our limit and expectations. Since cryptocurrency isn't tightly regulated, expect anything in this space. We can only hope and keep planning on investing because those who failed to plan, plan to fail.

Quote

Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Personally, whenever I buy coin, I go for top 50 ones because when market goes south, it will always bounce back when bitcoin and others recover. Experience has thought me patience, loyalty and big profit and little loss on projects.

PS: Don't invest on hype projects, we have seen many of them in disguised as DeFi projects with zero level of inexperienced team and real use-case used.
sr. member
Activity: 1246
Merit: 250
October 29, 2020, 05:17:34 PM
#55
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it
All the regrets in the crypto world because of greed surrounds your mind, Yes I have felt this several times in trading because I already had a little profit but because of my greed, I suffered losses when trading because of the desire to get big profits.
sr. member
Activity: 1204
Merit: 388
October 29, 2020, 04:50:30 PM
#54
It takes a lot of analysis to be able to make profit in the crypto space. Newly listed coins on big exchanges performs poorly most of the time. Coins keep dipping when you think you've bought the dip. Fake pump and all. Exchange manipulation.

If it was this easy, we would all be rich by now.
member
Activity: 375
Merit: 10
October 29, 2020, 04:36:40 PM
#53
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

Trading is not an easy thing. It's not like you said, buying when prices are low, and selling when prices are rising. There are times when we buy at a high price, but sell at a low price. For example, DeFi tokens (YFI) once hit the price of 4 BTC / YFI, and the current price is slightly higher than BTC. What if someone buys at a high price? Do they wait until the YFI price returns to 4 BTC / YFI? If so, how many years will we have to wait?
hero member
Activity: 2128
Merit: 520
October 29, 2020, 04:17:08 PM
#52
There are some people that have lost huge money in this space and some have made life changing money. It depends on you what strategy you want to employ and know this for certain that what works in the last bull run won't work now. My advice to you is not to get emotional attached to any project, including Bitcoin.

You need to adjust there are lots of opportunities, lots of projects to choose but very important to keep your guard by researching first before jumping to anything, you can stick with your plan if you feel that things will be the same as long as you do your deeper research and you really follow the project that you are investing with.
newbie
Activity: 98
Merit: 0
October 29, 2020, 03:24:32 PM
#51
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios.
People can handle loss but can't handle what they could have become? Bro half bread is better than none, I prefer having something on ground than having nothing, people who thinks your way are greedy people who will never be satisfied with what they have.

This is the reason why people continue to invest even in spite of losses. They hope to make profitable investments and to earn more money. Now many projects us PoS algorithm and offer to earn money on staking for token holders. To earn more it is necessary to learn more. This is an article about staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc

That's right, to make money in this area, you need to constantly follow the news and study the projects in which you are going to invest. Only stupid people invest and I don't know what this or that project is. And the staking system will certainly attract people, as this is passive earnings.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
October 29, 2020, 03:24:06 PM
#50
-snip-
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.
Think about it
Lol, this is so easy to say. If this was really easy, you should be rich by now. Are you rich? There are flaws over here. Let us say you invested in a coin and then the price drops, never to reach the point of price when you first invested. You won't be making the profit. This is what happens.
Your case is true if you are willing to hold it for long term profit. But you will have to way for years to reach your goal and then wait again for the price to drop.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
October 29, 2020, 02:29:26 PM
#49
Many think holding coins long is the way to earn good profit. There are many risk involved of holding coin long waiting for the to change for your desire before you can supply to market.
Many has lost their opportunity just because the market will still increase not know that the market is about to turn bad. Many investors that hold their altcoin long always cry out that they have lose their opportunity .
Those that hold their coins over two months now, are experiencing good profit which is still giving others to start holding their coin long before release it to market when the price change positively. I think holding coins long is a big risk but try to make sure all private details are secure.
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