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Topic: Investment involves being realistic, doesn't it ? - page 4. (Read 584 times)

hero member
Activity: 2072
Merit: 656
royalstarscasino.com
,,,,I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?
This is exactly what it is commonly done, moreover for short term investors. And commonly this is done for most altcoins, except Bitcoin's long-term investment. Sometimes, the scheme will be different, waiting for Bitcoin on their new ATH during the bullish after halving.
But for most altcoins, this really makes sense. We may love certain altcoins so much, moreover the new one. But, we must be more realistic. As long as we have got big profits, why not for selling? So, we can earn much money from profits and can use the capital again to invest in other gems, right? This is more realistic. But there are also some things to consider, including tot eh criteria of certain altcoins that will probably be rising up in certain times.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
Hoping for a 1000x unicorn investment is unrealistic and is basically the same as gambling. Hoping for any kind of return, no matter how small, just because you have done your research on the company and truly believe they have a service or product that will be profitable is a realistic and smart investing goal.

It all depends on you and how you choose to invest. Hoping to get lucky should not be part of your strategy, obviously.

Other unrealistic hopes and goals will also work against you, from a probabilistic viewpoint.

As long as you do your research without any bias, you are as realistic as you have to be in order to make smart decisions when it comes to investing. Grin
hero member
Activity: 2268
Merit: 507
always good to have plan before hand, if you deemed that the coin you invested in is already deserve to be liquidated then just do it.
chance doesn't come twice, if you think a coin that's already getting high enough gonna go even higher then you're more likely wrong so its true that it just better to take the profit.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
The loyalty only goes to bitcoin.

But it's true that there's no need for you to be diehard on any of them which is specific for most altcoins. You have to sell them for you to take profit and that's what you have to do.

That's the realistic part of investing on this market. You can't hold forever unless you're holding bitcoin and you're for long term. All of us got that long and short term plans on this market.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I think having an understanding that it should be based on marketcap and not the price is the number one thing that makes it realistic investment. There are a lot of people who focus on the price too much and price means absolutely nothing, it is not what makes something cheap or expensive. It's the marketcap, if the marketcap of something is high, then making it higher priced is hard as well.

Look at bitcoin, it has the highest marketcap and price can hardly move, it takes time, on the other hand something with a small marketcap could move easily, and the price could move easily as well, because one whale could make it go up or down very easily all by themselves since the marketcap is low.
member
Activity: 271
Merit: 14
It's fine to take profits if a pump takes place because the correction will happen sooner or later but we all have our plans, some plan for the short term, and others plan for the long term, so even if there is a small pump it makes no difference for long term holders, they will rather prefer to hold than taking short term profit.
member
Activity: 237
Merit: 19
Been realistic can't get you there, in fact, having high expectations and holding for the long term is better than being realistic and taking profit too early, if you can diversify in different projects something good will happen that's for sure, few alts can strive to survive but few will survive and cover the loss of those alts that failed.
hero member
Activity: 798
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Leading Crypto Sports Betting & Casino Platform
I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?

Many short term investors has regretted selling their coins very early. We have investors in Shiba Inu, Dogecoin, BNB, Ethereum, etc regretted for taking profits when this tokens first got a ATH.

Just recently people regretted selling Sandbox, Polygon etc too early as if they had held on in, they'll be in huge profits that could have retired them for life and that's why many don't want to sell.

When they see stories like this they become afraid and don't what to have the same stories as this people that regretted selling too early. You should be realistic with your investment but also patience.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
Taking good profit is always nice but it’s never a good idea to sell everything (100% of a coin/token).
For example, if you were to sell all your bitcoin or ethereum (the two top coins) at some point with no plan to ever but back in, it’d be totally stupid.

Take some profit off the table if it improves your quality of life but always keep some skin in the game. There’s nothing worse than watching a coin/token you previously owned moon.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Day trades will always do what you say sell when they make a profit, and the current market conditions are very pleasant for day trades because the price continues to increase and in some time falls, just because no one can predict the exact price movement, just traders who are smart enough to use their capital will be able to continue trading because even though they have bought and the price has fallen they still have funds left to buy again while waiting for the price to move up. Investment must be realistic otherwise you will only become a speculator and participate in pump and dump groups is the choice. However, long term holders will get bigger profits, especially if they are able to hold it for a very long period, so the length you hold a coin will determine what percentage of profit you will get.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
If i have got a chance to cash out with huge profit and why not? Crypto is always going up and down. It doesn't even matter how long you hold and it will never be stable. I have an assets that keeps running stable and some assets that were stuck in the same place.

People who have received free bucks from arbitrum already sold what they have got. You can check it if there are more than 82% addresses already claimed their airdrop


https://dune.com/thedatanerd/arb-airdrop

being realistic is a must. The smart people will always try to sell when they got good profits and buy later when the price will be going down again. It's a strategy in the crypto.

It can't be judged as something irrelevant right now caused most people are looking for profit from the market, right?
hero member
Activity: 3038
Merit: 617
Do sell when you profit. You can see it's the right thing to do when you already have been in crypto going bull season and bear season because you'll realize all of them are actually selling while if you hold you only lose the money that is supposed to be in your pocket.

The goal is to buy back your coins when the price is cheaper. This is not also easy to do actually but you gotta be doing it since everyone does it. If its an altcoin, don't fall in love with it because the bears will suck out all the money when the time comes.
sr. member
Activity: 1554
Merit: 413
[.....] Yes. I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?
And what is this pipe dream? Is it to abandon fiat and just use bitcoin or other cryptocurrencies for all transactions? I don't know if there's anyone who truly believe that...there's probably a handful of them. Most people who preach about mass adoption are just waiting for the value of their bags to increase so they can cash out a handsome profit. The market follows a cycle and the traders adopt to that.
hero member
Activity: 2366
Merit: 504
i'd say if you wanna make profit then be realistic, after all that's what the most important honestly.
by being realistic you're already detach your self from the emotions that usually affects you in a bad way, that is making you good at your own decision.
hero member
Activity: 2912
Merit: 556
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If it's an altcoin, maybe I'll go for it and sell the altcoin when it can build up for a certain amount of time. But when the price doesn't increase too much, I'll just keep holding on while waiting for the price to increase. But if it's bitcoin, I won't sell it even if the price could increase a bit because my next target is a price that exceeds the last ATH price.

Each person must have a plan and will adapt to the conditions that occur in the market. So when the coin prices in the market haven't increased much, they must still hold the coins.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
The theory looks simple as we say when it reaches high people sell and wait for the next dip but eventually no one can predict the lows and highs so as an investor it's not possible to be consistent with following the theory in practical world and that's the reality.

And holding a particular coin no matter what includes different reasons too, when we are talking about profits they may already have their goal price so when it reach they have to sell.
member
Activity: 220
Merit: 12
Holding a pipe dream you say? You must suck so bad at choosing good projects that is why must have been that holding for the long term is a bad idea, you need to work on yourself and you will be able to identify the next 50x to 100x altcoins, those who complain are bad at doing research.
hero member
Activity: 2268
Merit: 588
You own the pen
This only applies in most of the altcoins because when it comes to bitcoins you won't have this kind of problem whenever you have the patience to wait for its price to rise because that's always been the case before and it will be like that from time to time. But when it comes to altcoins, you have different stories because most of them may or may not recover after the price will crash and the only thing you can do when that happened, is to sell the remaining altcoins so that you can still get some of your money because most of those people who wait for the price to recover, ended up regretting their decisions.
full member
Activity: 546
Merit: 148

Over the past few weeks, all cryptocurrency prices have gone through a new round of ups and downs. As always, the altcoin prices have followed Bitcoin price's fluctuation closely and as of today, all prices have dropped: Bitcoin price now is $27,000, ETH $1,700 , BNB $310 and other new altcoin like ARB at $1.14. I know that volatility like this is quite normal and for most long term crypto holders, this means no big deal. However, for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ? Yes. I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?

Number 1 rule of crypto investment, don't fall in love with the project, you are there to make money because you put money to support them and the return of been loyal investors is profits but by the time you become too comfortable, you will end up losing everything you have invested in the project. There are plenty of opportunties in crypto, there is no way staying in one project and been loyal for many years will do you good, as long as they are altcoin, the dump will come and when it does, you will regret why you never sold them earlier when the price was high.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
However, for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ?
It is due to the diverse nature of users in the market. Long Term Hodl and Cumulative Buy are experienced players and analyze conditions and believe in bitcoin and market cycles. Retailers often panic or take profits according to their plans. That is the reality of the market. Personally, I still believe in the long-term race ahead based on bitcoin's halving cycle and the looming macroeconomic downturn. Bitcoin may return to be the best path left for trust.
If you trade commercially, sometimes you won't get big profits. If you think that bitcoin and crypto are the short-term path to profit and get rich quick - relying on traditional buying/selling, you are mistaken.
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