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Topic: I like to collect the token (Read 3382 times)

sr. member
Activity: 994
Merit: 261
October 18, 2020, 12:13:54 PM
If I have some funds that I don't need maybe I'll do it, collecting all the good coins or tokens for a long time. Because I still need all the funds I have, so I only collect tokens from projects that most of them have died but some have come back to life. I got it from airdrop and bounty  Cheesy
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
October 18, 2020, 07:26:33 PM
Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values ​​and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?

so in my opinion you are an investor who invest in the long term and hold it indefinitely, but it is very good for the future, because if the price of coin you hold increase by 50% or even more than that, then you have got a very big profit, but if the price of coin you are holding falls or scam, then surely you are not worried about it, because you only collect coin that you hold and do not see the price, but my advice if the price increases very high then you better sell it and buy new coin to collect again.
member
Activity: 669
Merit: 10
October 18, 2020, 06:10:16 PM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
if it has value then it is useless, usually they keep tokens that have no value, because how are they sold ?, sure will not sell,
I am an airdrop hunter, and I experienced that, many tokens in my wallet now and only become a display in my wallet
sr. member
Activity: 573
Merit: 250
October 18, 2020, 01:11:10 PM
Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values ​​and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
I think this is a very crazy hobby. You can't follow all of this tokens announcement. Some could change their own coin when others could agree to swap another blockchain. 200 telegram groups or updates from social networks are quite impossible. You won't check your wallet everyday after 5-10 years, or maybe forget your wallet.
sr. member
Activity: 1246
Merit: 255
October 18, 2020, 11:43:25 AM
More than 200 tokens even as a junior member, when did you now start gathering the token or did you get that as a trader? I guess many of them are now of low value and probably you don't really need them for the moment, because when you are rich you care more about investing than cashing out. I would advise you get out some token so make some other physical investments maybe like properties, to safe your wallet against any heartbreak that could be caused by hackers.
hero member
Activity: 2128
Merit: 520
October 18, 2020, 11:27:46 AM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
It seems to me that the most used coins on the market are coins and tokens that are used for casino games. All other projects now holdings on users' wallets because they are waiting for the technological development of the market

token and coins have its own usage as long as ecosystem already formed. not always token used for casino games, its depend on token utility it self. if token already have usage in their ecosystem, automaticly its price will rise smothly, especially if used as gas. when there is transaction , token will automaticly burned. users holding token because they waiting the moment its token will have high value.

The very first thing to know about the token before investing, if there's a good eco-system and there are businesses that caters the existence of certain project, for sure it will be developed and bring good benefits. There are so many project which are being introduced and continuously being developed from time to time, having a good communities and usages is the best advantage for your investment goals.
full member
Activity: 899
Merit: 101
October 18, 2020, 11:22:33 AM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
It seems to me that the most used coins on the market are coins and tokens that are used for casino games. All other projects now holdings on users' wallets because they are waiting for the technological development of the market

token and coins have its own usage as long as ecosystem already formed. not always token used for casino games, its depend on token utility it self. if token already have usage in their ecosystem, automaticly its price will rise smothly, especially if used as gas. when there is transaction , token will automaticly burned. users holding token because they waiting the moment its token will have high value.
sr. member
Activity: 1526
Merit: 251
October 18, 2020, 10:49:53 AM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
It seems to me that the most used coins on the market are coins and tokens that are used for casino games. All other projects now holdings on users' wallets because they are waiting for the technological development of the market

not really, if it is like that the volume of coins for gambling should be very large, and if you look at the marketcap, I think Doge is the most used coin.
but the volume of other coins is bigger and I'm sure it's not only used in casinos.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
October 18, 2020, 10:36:15 AM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
It seems to me that the most used coins on the market are coins and tokens that are used for casino games. All other projects now holdings on users' wallets because they are waiting for the technological development of the market
member
Activity: 742
Merit: 42
October 18, 2020, 10:00:53 AM
Well, it depends on the person who's doing that. Maybe keeping a token on their wallet already became their hobby instead of using it for trade. As for me sometimes I am hodling tokens depends on the usage of it or when I belive it will have good future. If not I prefer to buy and sell instead and taking profits from it.
member
Activity: 518
Merit: 11
October 12, 2020, 09:17:01 AM
Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values ​​and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?

This depends on your understanding and belief dude, now I don't see any wrong if it is a crazy thing hobby as long as it gave you a good profit why not! In fact, there are many bag holders out there here in cryptocurrency mate, your not the only one who like this a hobby, actually I am also collecting coins even some of them are now a piece of shit or nothing.
hero member
Activity: 2548
Merit: 578
Next Generation Web3 Casino
October 12, 2020, 07:50:00 AM
It's not easy to hold coins and tokens for long term, I prefer taking profits when available because crypto is unpredictable, even strong projects can vanish into thin air in just few years, I prefer short term investment and take profits, I've lost a lot to holding coins, way too risky for me
Yes, storing coins and tokens in the long term is very risky because market conditions often change every year and predictions that often miss predictions make someone have to think a few if they want to save coins or tokens in the long term, because they take a little bit more profit better than nothing.
copper member
Activity: 966
Merit: 5
October 12, 2020, 07:19:08 AM
Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values ​​and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?

There seems to be many people in your shoes and I wouldn't say they did a crazy thing or have a crazy idea or hobby, everyone does what he/she believes can work and can enrich them in the future. In my own opinion, I will say, with respect to the state of the crypto space nowadays, if the coin is not Bitcoin or Ethereum, then it is worth holding for long term. That is, having many tokens is not the problem but having good ones should be the main concern. It is good to pay attention to their price and once you see a good selling price, sell and hold in good coins like Bitcoin or Ethereum, USDT is also there in case you don't want to battle against volatility.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
October 12, 2020, 07:04:51 AM
It's not easy to hold coins and tokens for long term, I prefer taking profits when available because crypto is unpredictable, even strong projects can vanish into thin air in just few years, I prefer short term investment and take profits, I've lost a lot to holding coins, way too risky for me
legendary
Activity: 1316
Merit: 1004
October 12, 2020, 02:06:11 AM
Sorry to say but yes, that's a bit crazy hobby. I usually collect tokens so that I can later sell them at a good price. In crypto,  the market sentiments change real quick, so as soon as I think that token has reached my desired target, I sell them.
member
Activity: 574
Merit: 24
October 12, 2020, 01:54:30 AM
Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values ​​and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
I dont want to go down this rabbit hole of yours again, I was just like you years ago and I regret not taking every opportunities that came my way at that time, here are few things I've learnt

1. Never hold new coins for too long because they aren't ever going to be like Bitcoin and Ethereum or top 5 altcoins, the chance of dumping is very huge

2. You can make profits out of 'not so good projects' but if you hold too long them will become useless and forever get stuck in your wallet

3. Crypto space is full of projects from unqualified devs, they built projects to scam and cheat people, these projects are just too damn many today
hero member
Activity: 2912
Merit: 629
October 12, 2020, 12:00:22 AM
I guess you have a strange hobby. People usually store tokens in their wallet to watch the value growing.
But you are not the case, you want to store any tokens in your wallet without looking the value of the tokens.
Actually you can create more new tokens in Ethereum blockchain, and store it in your wallet.
Our first concern is to take profit thats why its really unusual to see an investor collecting tokens not to make money but as hobby.

Well each of us are different so do what makes you happy. I have few tokens in my wallet and most of them dont have value. If I can only dispose or exchange it in any valuable currency that would be great.
member
Activity: 118
Merit: 11
October 11, 2020, 11:13:14 AM
There is nothing wrong with holding a lot of tokens, personally, I would have loved to hold on to a lot of tokens but experience has thought me that you don't just hold on to tokens if you are not certain that it will bring you good returns later. I will advise OP to make sure that the holdings are worth all the stress. I only hold good coins.
full member
Activity: 1093
Merit: 103
October 11, 2020, 11:05:44 AM
In almost 5 years, I have collected more than 150 different coins that are stored in my wallets.
But to be honest, today there are such projects that after listing you can sell a token for a certain period of time, and then either the project dies or no one is interested in the token, besides, the price drops a hundred or a thousand times.
Nice to hear that from an experienced altcoin trader.
It's pretty safe to say that the possible reason why these new tokens from current recent projects dies is because there are too much of them popping out everywhere.
Lots of tokens to invest, lots of competition, that's why it cause most projects to die eventually after launching.
I won't collect any tokens based from ETH unless they have value and it's free. Grin
I am not going to invest my personal funds in projects that have not yet shown themselves in any way and are dubious in the cryptocurrency market, because I cannot afford such a risk. To be sure of the future results of my investments, I buy only the top-rated cryptocurrencies on CoinMarketCap, and all other tokens I receive through the company's Bounty reward and airdrop. Therefore, their loss is not too disastrous for my household budget.
jr. member
Activity: 163
Merit: 1
October 10, 2020, 10:22:41 AM
I think who has enough money this kind hobby is their choice.
It is feeling better to have more token in wallet.
Checking token price is also my hobby.
But I have not enough money and token.
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