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Topic: Mistake you should avoid when holding your Altcoins - page 10. (Read 24246 times)

full member
Activity: 602
Merit: 100
There is no loss until you do not sell and there is no gain until you do not take the profit. It is important not to be greedy and take the profit if it is in line with your goals. Sometimes we want everything and get nothing
sr. member
Activity: 1358
Merit: 259
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the mistake that often occurs in new traders is holding the altcoin too much, while the condition of the bitcoin price is falling, so when the price of bitcoin falls then the altcoin price will also be very cheap and certainly it will make you lose, so don't hold too many altcoins , it's better to hold bitcoin.
jr. member
Activity: 532
Merit: 6
Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks



no you don't do it that way, you always have to wait for the bull run but in a special strategy, how ?

every altcoins has it height limit and profit margin, if you can fulfil that task and get priorities right, then it is spot on too. you sell at the extreme and buy back the limits in view of an bull run.
hero member
Activity: 1540
Merit: 507
Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks


But you forgot about the difference between selling in a loss and selling in a profit. Look, what you will receive by selling earned tokens from bounties/ICOs if the value of these tokens are close to zero?
We will get nothing for sure. Just try to sell when the price has already reached the peak or get any pump. it will always be a good point. We have seen so many people have made a lot of mistakes in this speculation market.
full member
Activity: 363
Merit: 100
Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks


Waiting for a bull run is not necessarily a mistake. The mistake was too much greed. When the bull run is already there but we still not consider it as the "bull run" we've been waiting instead, we wait for more price rise, then that's greed. Everyone from 2017 to 2018 has learned on this experience.

i think waiting for the bull run is indeed a mistake, because when there is a growth in price and it does not reach your profit margin, it is still a loss.
There is nothing like stop gap profit in crypto currency.

it is all about buying and selling, and mostly about buying low and selling high.
all for profits.(first)
It would only be considered a loss when you sell it lower than your buying price. In the case of your example, it is just a paper loss or an imaginary loss, nothing real.
jr. member
Activity: 546
Merit: 4
Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks


Waiting for a bull run is not necessarily a mistake. The mistake was too much greed. When the bull run is already there but we still not consider it as the "bull run" we've been waiting instead, we wait for more price rise, then that's greed. Everyone from 2017 to 2018 has learned on this experience.

i think waiting for the bull run is indeed a mistake, because when there is a growth in price and it does not reach your profit margin, it is still a loss.
There is nothing like stop gap profit in crypto currency.

it is all about buying and selling, and mostly about buying low and selling high.
all for profits.(first)
jr. member
Activity: 168
Merit: 1
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We believe in bullrun as an event that will change the market and make us rich, but we forget about common sense. I also get coins from participating in bounty companies and airdrop, but try to sell some of the coins if their number is equivalent to a large amount in dollars. Of course, it is possible when the new bullrun starts their cost will be much higher, but this may not happen.
full member
Activity: 560
Merit: 119
Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks


But you forgot about the difference between selling in a loss and selling in a profit. Look, what you will receive by selling earned tokens from bounties/ICOs if the value of these tokens are close to zero?
jr. member
Activity: 448
Merit: 2
I agree with you, never be greedy and wait for more profit. If you received tokens for participation in the bounty/airdrop or for participation in the ICO, then try to fix your profit. If you still hope that coins can cost much more, it is better to leave 50%. Then you will not be so sorry if the coin will not grow for a long time.
hero member
Activity: 3080
Merit: 603
also i am a holder waiting for the bull market unfortunately there is the real risk that the altcoin still fall in value or are even be delisted (10mt and 10mti) then the council is fixate a personal value that can go well and sell
It is inevitable that altcoins might lost in value.

Some will survive but many will lost their entire value, this will happen when people will learn that few altcoins aren't worth holding anymore.
full member
Activity: 938
Merit: 159

also i am a holder waiting for the bull market unfortunately there is the real risk that the altcoin still fall in value or are even be delisted (10mt and 10mti) then the council is fixate a personal value that can go well and sell
full member
Activity: 644
Merit: 101
I did the same mistake like you because iam too greedy, when uptrend we will never know when the peak price and the price will never keep going up, and that why we shoould be take profit although we can not make maximum profit. Lesson learned, never be greedy because crypto market is not all the times bulish and in others times will be change to long bearish. I promise with my self will never again greedy and hopefully bull market will coming again to recover my loss.
sr. member
Activity: 686
Merit: 257
If you are happy with your profit, it is the right time to sell it. But the problem is many of us regret when we see the price pumping after we sell for a decent profit. There were once I bought a coin for $400, I sell the coin when the price go to $1700. But who know, the amount of coin is worth $150k during the Jan 2018 bull run.
jr. member
Activity: 378
Merit: 1
Maybe so, but it is difficult to predict which tokens will bring profit in the future, so it’s better to keep everything if you don’t have to spend it!
legendary
Activity: 2716
Merit: 1092
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I'm just glad that I recalibrated last Q2 of 2018, sold almost all my crypto and moved to stable coins to protect value.
Hodling only works in a bull market. Now I can buy much more of what I sold  Grin

This is one example of the smart investor hahaha LOL. And I am sure that many others do the same thing as you and now, they can buy as much as they want. Unfortunately, I don't sell all of my coins and still, hold some coins in the wallet because my coins were not increase like the other coins. I still waiting for the time to that coins and I hope in this year, or at least, the next year, my coins can increase.
But maybe there are a lot of people who still hold their coins. And they regret like me  Grin. Not expect will be like this bad and now i don't have any choice to hold my coins. Maybe developers will update their project and make changes.
full member
Activity: 1092
Merit: 101
* I once sold all the coins I got from the bounty but after 1 week experienced a fantastic price increase
* I also hold a coin when I experience a price increase but I keep holding it because I'm sure it will go up (I'm greedy) but after a few hours a dump occurs and I don't realize it
so from there I take lessons if there is an increase in prices and get a better profit selling without having to be greedy person
full member
Activity: 714
Merit: 104
Yes need understand what big multiplies dont come in this market.
2x 3x its very good today.
You can wait bull run multiples when market early returns and go to the new ATH
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I'm just glad that I recalibrated last Q2 of 2018, sold almost all my crypto and moved to stable coins to protect value.
Hodling only works in a bull market. Now I can buy much more of what I sold  Grin

I don't know if what I did qualifies for recalibrating but I did do quite a lot of speculative trading in late 2017 and early 2018, and then stopped to wait. I ended up buying up more coins that I was already holding throughout last year, buying at what I thought were really bad dips. They got lower and lower, but to be honest I'm not too worried. I still sit at around 60% of my original entry points in 2017, but compared to 2016 when I first bought most of my major coins, I'm kind of at equal range.

Holding works for extremely long term view, at least I hope it does Wink
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
I'm just glad that I recalibrated last Q2 of 2018, sold almost all my crypto and moved to stable coins to protect value.
Hodling only works in a bull market. Now I can buy much more of what I sold  Grin

This is one example of the smart investor hahaha LOL. And I am sure that many others do the same thing as you and now, they can buy as much as they want. Unfortunately, I don't sell all of my coins and still, hold some coins in the wallet because my coins were not increase like the other coins. I still waiting for the time to that coins and I hope in this year, or at least, the next year, my coins can increase.
full member
Activity: 882
Merit: 126
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Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks


As a bounty hunter,you sould be ready to accept whatever the outcome for you because ou are not investing money on those projects so just cashout the tokens when it gets listed no matter of how much it gets prices on the exchanges.
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