Mistake you should avoid when holding your Altcoins - page 4.

tabas

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Quote from: Fumzy on January 26, 2019, 04:13:20 AM

Quote from: tabas on January 25, 2019, 04:55:12 AM

Thanks for sharing your experience but we are on the same boat. I'm also greedy before and confident of not selling my coins before though I can already make that much profit. I lost a big figure and I really feel sorry about what I did.
It's a lesson learn and I'll definitely not going to commit the same mistake again.

Almost all of us here are guilty of the same crime, greed. But if you look at it, we never really recover from being greedy. We always want more and more moon before we sell. It's our natural way of life as man is insatiable. Hopefully we will be able to tame it because to get rid of greed completely looks kind of impossible

It's a mistake that everyone has committed before and I'm sure that all of us learned from that already. We all think that the market should increase by that time and we're all wrong. Yes we became greedy but that's already a lesson that we should take with ourselves.
I'm not greedy anymore after that incident and I'm very much okay with the amount that I'm earning upon converting it to cash.

sakuragi21

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The mistakes you must avoid are panic selling and rush selling, dont be bothered by the situation of the crypto market. the reason why you hold coins is to increase prices so you get more profits.so dont waste your time to wait if you rush sell your coins.

Xtinah

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Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

You are right but sometimes it's just luck. When you sell off that's when the price increases and when you decide to HODL, the price dips,especially the period of 2017- early 2018 before the bear season. I remember I sold my ethereum blue gotten from airdrop for just 200$+, within 3weeks the same amount I sold got to 22000$. I am still feeling bad about it. I decided to hold other coins so as not to repeat the same mistake, but they dipped instead of increasing.

fakegurutu

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Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

well my biggest mistakes so fae that i can remember was when that coin that im holding were pumping and i was like "im gonna hold on for awhile" it was because i have a target price and once it hit that price that im waiting, im gonna sell my coin, but to my dismay, that coin stop pumping and everyone dumped it and the price decrease rapidly.

AwoCorporation

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Quote from: kuverty on January 27, 2019, 02:13:53 AM

I believe holding strong coin will pay off big but if it doesn't then the worst thing that could happen is that the market disappears. I do not believe this will happen.

the crypto market will not disappear, but we must choose assets that are truly strong and can withstand difficult market conditions. many new altcoins have emerged, but few of them have been able to survive in the crypto market. all depends on the capabilities of the developer.

kuverty

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I believe holding strong coin will pay off big but if it doesn't then the worst thing that could happen is that the market disappears. I do not believe this will happen.

nemey

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Catena X

Based on my personal experience, there are several things that we must avoid when holding the altcoins for a long-term investment.
First is always looking at the market price, when it is always red, we will be panic and afraid, whereas we are looking for holding coins
Second, we cannot determine which coins are best for long holding term so that we cannot maximize the prospect of the coins
Third, we are too panic in facing and seeing the market progress, we are afraid that we cannot get profits after holding the coins for long time.

dimastegar

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Small Trader

Same as me. Often when the price of an ICO coin is high, I always lose the moment to sell it. Because I think the coin can still rise in price even higher. But because of greed, I lost profit.

Kiefner

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It seems to me that this is the most common mistake of all who invested in cryptocurrencies, but I think that the market will grow even more than its last peak, so it is possible to leave in the long term in anticipation of a new bull run.

BanaCrypto

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holding the right coin is the real deal , sometimes the timing is very important because waiting brings losses

moschinot

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I believe that at the earliest opportunity you should sell your altcoins that you received thanks to Bounty.

mrkavasaki

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Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

I think the uptrend will return, at some point when the market has what it needs. And I don't know exactly when, so I opted to look for real potential crypto. It can survive in the bear market for a few years and will not become a dead project, which is what we need to find in the present time.

m.rifki

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Quote from: ckorbba on January 26, 2019, 12:45:54 PM

I perfectly understand the problem you are talking about, but how to sell the tokens you received for participating in Bounty companies, which practically cost a few cents and a few dollars. If we take into account the price and Q companies of such projects, then their price can be very high and therefore everyone is trying to wait for the bull run.

everyone really has to wait for an increase if they want to get more results. because if it's sold now I think the altcoin value that we get from joining a bounty campaign won't feel satisfying. now there are not many bounties that pay their participants really valuable, many of the bounty tokens only become trash in the wallet.

ckorbba

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Quote from: isen on January 26, 2019, 11:56:04 AM

Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

I think that you could hardly make a big profit from the sale of earned coins, because if you could have done it already. From the middle of 2018, we all turned into forced holders.

I perfectly understand the problem you are talking about, but how to sell the tokens you received for participating in Bounty companies, which practically cost a few cents and a few dollars. If we take into account the price and Q companies of such projects, then their price can be very high and therefore everyone is trying to wait for the bull run.

isen

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Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

I think that you could hardly make a big profit from the sale of earned coins, because if you could have done it already. From the middle of 2018, we all turned into forced holders.

cryptogeek101

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homt.net

Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

Yes, it's true that you have to sell your crypto tokens to make profits but not to kill the price,however greed should be avoided so as not to regret later,the bull run will come when it will come,we have to patience

jpnl0008

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Its a very good piece of advise for all holders but on the same hand you could sell off and the coins sky rockets to a higher price what do you do then i think we can hold on to some coins that we think has so much potentials so we do not miss out in it thanks

daniel002

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We should hold the altcoins that are going to survive on a bear market because this coins that will survive will increase when the Bull run also comes. This coins can be seen on the top 100 on coinmarketcap.

Dobby070

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Quote from: Altcoinboss on January 21, 2019, 07:17:32 AM

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

In that way, the risk and the time you spend that is for effective time spending is wasted. By the term "Waiting for the bull run to happen" Well, do something and expect the thing that will happen.

Altryist

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The biggest mistake when investing in altcoins may be buying at the peak of growth, which of course will not allow to sell altcoin with a good salary and another mistake is not the ability to take profits, to overdo the altcoin means to lose profits.

Topic: Mistake you should avoid when holding your Altcoins - page 4. (Read 24265 times)