Mistake you should avoid when holding your Altcoins - page 6.

tabas

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Quote from: Caladonian on January 25, 2019, 07:59:11 AM

Quote from: tabas on January 25, 2019, 05:55:12 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.

Precisely, a lesson that should be learned about this market, fluctuations and volatility always been the issue with holding assets that have potentials and shit coins that just a pumped and dumped system, we have to be well aware so we won't regret things that we decide, there's no guarantee or assurance in any project that has been introduced, accepting and keep continuing to gain more success is what we need while we are still around this industry.

Yes,we have to be aware of the things that we decide before selling and buying. Buy at the right time and hold those valuable assets that you are certain. Some lessons are along on your way and you have to learn from others mistake too.
Someone who doesn't have experience with this volatile market should learn from others mistake too.

Caladonian

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Quote from: tabas on January 25, 2019, 05:55:12 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.

Precisely, a lesson that should be learned about this market, fluctuations and volatility always been the issue with holding assets that have potentials and shit coins that just a pumped and dumped system, we have to be well aware so we won't regret things that we decide, there's no guarantee or assurance in any project that has been introduced, accepting and keep continuing to gain more success is what we need while we are still around this industry.

jony35490

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Quote from: siupang2 on January 24, 2019, 11:58:59 AM

You must create your own percentage, if you want to get profit 40% from that coin then after you get 40% sold that immediately don't think you can gain more because this is crypto, also you must create cut loss percentage too. Whenever you hit your loss percentage then sell it to avoid more loss

Yeah you are right. We should be happy with our target profits. Cause if we become greedy then we may loss more than our profits.

residivis

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yes, of course we can't sell at a price that is very far from the level of ico, because if we do it, there will be many losses that we will get. so we have to look at the website of the altcoins we have and know how much we will get after selling on the exchange. that way we can minimize errors in holding altcoins.

Wend

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Quote from: Onuohakk on January 21, 2019, 09:36:00 AM

Holding a coin is not the real deal but holding the right coin is you probably held the wrong coin and your situation might to correspond with another.
Holding for long term doesn't mean few months but sometimes years to see how the prices leaps up

Holding for a long term coins it comes in a years or sometimes a months only, But about holding must better to choose to those potential coins even if this will be for a longterm but the important was we get some big profit of that.

daly896

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I think you had to sell half of your tokens immediately and for another part - strong hold for a long time in order to increase your portfolio.
That's what I am saying and I am trying to keep to this strategy!

herfianto

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Yeah you'll right, I sold several coins and did not wait for the bullrun in 2018. There were also some coins that I held from the beginning of 2018 and I was quite disappointed when I didn't sell at that time.

tinystone26

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I agree with that mate! We should not wait the market to get it's bull run and we should hold our investments in the way that we have a really good plan or strategy. Which I mean is we should choose to ourselves if we will gonna be a short term holder or long term holder with our invested currency and I think we can we also need to learn to our mistakes in the past year in able to get a better earnings.

Siren

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Quote from: Altcoinboss on January 21, 2019, 08:17:32 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 have just gain those altcoins from bounties and airdrops but it seems like you had bought them by all of your resources?what you are telling us to just sell the coins or tokens the moment e receive those?are you serious?

This is the sad thing if the person only relying in crypto world and has no real life ventures because all of the earnings they get from here will feed their family,please guys lets make this things clear that crypto profiteering is not good to live our lives instead lets make this as a extra source of income while we are waiting for the total adoption in which might bring us to riches if we will save all the legitimate tokens and coins we will gather here.

ethereumhunter

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Quote from: reality18 on January 25, 2019, 04:55:16 AM

One of the common mistakes by most holders is selling off coins right after receiving them without paying attention to the potentials of the coin/project. This normally lead to regrets when the coin begins to rise. It is always good to follow the project and the coin before deciding when to sell it.

I think it's because they need that money for their life and some of them make money from the bounty. We cannot blame them by doing that, and I am sure that some of them still hold the coins and wait for another increase in the price. I will do the same if I need money and maybe I don't just sell some amount, but I will sell all of the amounts but I will make another buy of the coins if I think the project is very good and could increase higher in the future.

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Quote from: Altcoinboss on January 21, 2019, 08:17:32 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

Maybe another situation. I'll tell you how it was on my example.
In July, I received an award for participating in the bounty campaign of a single project. Seeing that the market is falling, I hurried to sell my tokens and earned 3 Ethereum, which was a good reward at that time. If I had sold my tokens now, I would have earned 30 Ethereums.
Situations are different and much depends on luck.

tabas

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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.

treatWy

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Wait does not last until bull run occur.
It should be patiently waiting even after one year or two years to see bull.
There are more professional traders here and they know what it means to wait.
Long term or short term of waiting both should be done patiently.

kramchers

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Make sure that you have enough knowledge on your holdings on what is the development on the token and its team.
Be updated always on their project and their exchanges, mostly pump will depend on new exchange (major) and project development like launching their platform.
Never hold for long any shitcoins.

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Quote from: Altcoinboss on January 21, 2019, 08:17:32 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

right, I also have a suggestion like you. we should not be greedy for greater profits, because we do not know when the profits will come, we better sell when the coins we have and not wait long.
it's better to get a little but clear, rather than waiting for a lot of profit, but it's uncertain.

reality18

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One of the common mistakes by most holders is selling off coins right after receiving them without paying attention to the potentials of the coin/project. This normally lead to regrets when the coin begins to rise. It is always good to follow the project and the coin before deciding when to sell it.

Ucy

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People should still hold what is worth holding, maybe sell some and hold some.. . it's a matter of principle to be honest, it's a bit fulfilling to hold good project especially in the good old days when people were sure good projects will rise in value.

PuertoLibre

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My biggest mistake was getting greedy about my expectations in trading. Emotions are problem in trading journey so learning to control it will give better results than blindly trading.

trader34

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Quote from: Altcoinboss on January 21, 2019, 08:17:32 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 totally agree with you, because the same thing happened to me. I got stuck in many projects during this long-lasting bear market and I hope at least some of them will recover.

Aponkye1

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Well you are right in a way but the thing is it depends on the type of altcoins you are holding. Some altcoins really don't have any idea behind their project and this makes the tokens dump and later not rise again. If the cryptocurrency is not from a working product i don't think it is safe to dolf tokens boy.

Topic: Mistake you should avoid when holding your Altcoins - page 6. (Read 24246 times)