Topic: I have learnt my lessons (Read 23620 times)
Well your advice sre correct, but sometime unfortunately people choose bad ICOs and loose money, i also learn a lesson because i should sell last year some coins when they value a good amount and now they value so low.
Thanks for your sharing. although it's simple, but this is the mistake that many people make. It is important to draw lessons after losses and quickly adapt to market changes to make the right decisions at that time. The crypto market is always changing and unpredictable, the thing to do is be patient and sober when making a decision so you won't have to regret it.
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
I completely agree that selling good coins during a period of panic becomes an erroneous decision. I have always said, in such periods it is better to continue hodl and buy good coins. After all, over time, the situation will change for the better. Very useful tips, I hope they will help many traders and investors.
Thanks for the information. Really useful conclusions and tips. It is immediately noticeable that you have accumulated considerable experience in your work. Of course, it is impossible to completely avoid mistakes when working on the crypto market. But thanks to your advice will be able to significantly reduce these risks.
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
I think that every person who is the first to get a token from the results of their hard work will be very happy and very eager to cash in. As you say, they will not take into account what has been issued and whether they will benefit or not, but this is certainly true for people who are getting it for the first time. And you will begin to learn the right way to make a profit and not be rushed to make decisions.It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
Yes I agree with you mate having more more patient of waiting to get your target profit in the market will be more helpful than selling it right away. And I think having a plan to your investments can make it more profitable in the future that's what I also learn from my past experience with my investments that I really regret in that moment and now I am very careful to prevent from making my decisions.
I have learned my lessons, when i sell it immediately and found out for the following weeks that it turned much high price. But I did not regret it because it is my choice and it was a call for my needs for money.Next time I will be careful whatever decision I make.
This will be a good lesson for many bounty hunters. In my opinion, you should never hurry and you need to have a strategy. If you follow the strategy, you are much more likely to make the right decision. Under the influence of emotions, you can sell your coins, and then very much regret it.
You know a had a similar experience, a coin I could have made enough money from but because I was eager and anxious to sell, I did and in less 2hrs, the coin did ×4. I was angry at myself and at the same time learnt to have patient for any coin i believe in
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
i believe everything is more or less a risk, because different tokens differ from one another, how ?
if you do not sell hastily, token could dump and never rise again.
if you wait to sell above ico price, you may end up selling at a ridiculous low rate. we can only hope our research and assumptions will lead us to making the right and proper decisions.
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
i believe everything is more or less a risk, because different tokens differ from one another, how ?
if you do not sell hastily, token could dump and never rise again.
if you wait to sell above ico price, you may end up selling at a ridiculous low rate. we can only hope our research and assumptions will lead us to making the right and proper decisions.
Yes. Lesson is meant to be learn in every area of life, you learning your lesson is a good thing which people can easily tap from it not to make same mistake. I notices you have learned a good lesson about the selling below ico price.
The account was hacked between 29.01.2018 and 04.02.2019. All posts made during this period were not made by me.
Please see this topic:
https://bitcointalksearch.org/topic/m.49582645
Please see this topic:
https://bitcointalksearch.org/topic/m.49582645
for now it is very difficult to expect the price of ico to increase by 10x which is just the opposite, but it is true there are some ico that might rise 1-10x it's just rare and maybe we don't have tokens in my opinion there is good doing SODL to avoid things like that
Have you thought about what would've happened if you held and the price crashed on you? The point is learn to take profit when you see it be content with it.
I agree with some of your lessons. But there are also wrong statements (as for me). 'It is never a good thing to sell below ICO price' I think it's stupid, some investors had special prices which are less than ico price. Also you don't know when it's better to sell. It would be better to make universal strategy. For example, selling on different levels, like 25% of tokens when you made x2, 25% when x4. And half of coins hold on long term.
The main lesson for me was that there is no sense to keep all my bounties and believe in a growth of these tokens, especially during bear market.
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
I think you're lying when you write about what you are willing to be patient and wait to get profit.In fact, now many regret that they did not sell their tokens during their x's.There are also many projects tokens of which will never cost anything.Wait in this case is meaningless.Perhaps really because of promising projects and it is worth keeping their tokens as long as possible. It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
Even after Learning your lessons, greed will somehow defeat the lessons you learnt in your days of losses. You only have to be self aware and conscious of your investments, 5x gains is still not bad instead of letting loosing.
5x is a very good result. I do not understand people who do not sell their coins that bring them such a huge profit
Even after Learning your lessons, greed will somehow defeat the lessons you learnt in your days of losses. You only have to be self aware and conscious of your investments, 5x gains is still not bad instead of letting loosing.
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