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Topic: Mistake you should avoid when holding your Altcoins - page 7. (Read 24262 times)

donator
Activity: 406
Merit: 252
Study the past, if you would divine the future.
my main issue is that I fall in love with the coins and don't want to sell when I need to, then it drops and I regret it, and all the same cycle again lol
sr. member
Activity: 1372
Merit: 252
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


Yeah I really agree with you. Most people don't sell their coins and choose to continue to wait until the coins they have reach their highest point. But, sometimes what they expect is not in accordance with what happened and this is what makes many people suffer losses. I myself choose to sell the coins that I have if I have benefited from them, even though the next day the coins will increase higher I will not regret it too much, because at least I have benefited from it.
copper member
Activity: 84
Merit: 0
Custom Contract Network (CCN)
I think this is a very bad advice, you lost doesn't mean that everybody would lose.. I have sold some coins that I later regretted because some of them ended up doing as much as 1000% in just a few days, now I try to hold when I can.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
I think I made a similar mistake. I had some coins that we're worth substantial amount kept holding believing that the bull was going to run but it never did and now the coins are worth close to nothing. I wish I had sold them off
it no longer makes sense to sell your coins right now. you should just start buying bitcoins for your fiat money
jr. member
Activity: 672
Merit: 1
I think I made a similar mistake. I had some coins that we're worth substantial amount kept holding believing that the bull was going to run but it never did and now the coins are worth close to nothing. I wish I had sold them off
hero member
Activity: 1080
Merit: 500
I do not quite agree, since I had tokens that increased in price by 3 times, and then fell three times and all this for the period from may 2018 to the present moment. I think that it is impossible to attribute it to all the tokens.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
I think it is a good strategy to sell around 30-40 percents of your earning during the first listing to get some ETH or BTC but I am holding tokens that are left, because I am sure they will give profit on a bullish market.
full member
Activity: 560
Merit: 105
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
jr. member
Activity: 255
Merit: 1
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



Yeah you are right, holding tokens gotten from either bounties or airdrop is really not advisable best thing is to sell when it gets listed on exchanges to get some gains but if you have so much interest in the project, you can wait and watch for sometime before buying in again. It's not all airdrops and bounties that die off after listing on exchanges, some just need time.
full member
Activity: 504
Merit: 102
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



We are in the same boat. The hope that another bull run with bigger pricing will come again, I hedl my coins even though their prices are very high. But after a year the bull run that I hoped never came and I was left with coins that had really depreciated their values. A lesson that I would never do again. Now I think I am more wiser and trade right away every time I see some gains.
member
Activity: 539
Merit: 20
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're right, buddy. The biggest mistake that did just wait for the bull's run. learning to trade can be profitable even in the bear season.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
Yeah, I made an even bigger mistake. I got coins earlier and didn't sell.
So my advice is not to get in love with coins that you have and make a profit.
You can buy them again later.

I suppose that the overwhelming majority of new traders make such a mistake, when the price goes up, it seems that it will always be and you don’t want to sell, and when the fall starts, you don’t want to sell because you have lost and wait for new growth, which may not come very soon.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I think many of us making a mistake when we hold altcoin and the greediness comes to us and tells that the price can increase higher but the reality, the price we saw is the highest price and we are late to sell because the price is down in the next minute. I have those bad experiences too, and I think it's normal to get that experience and if we can learn from the mistake, I think we can avoid the same mistake in the future.
full member
Activity: 406
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

I have some experienced with you. I'm ablt to collect altcoins from bounty also and hoping to grow further i kep holding fora while until bearish season hit the crypto market badly and i ha e no choice but to still keep holding because price of my alt coins really fall very low. Currently my portfolio is -89% very stressful everytime i look at it. Sad
copper member
Activity: 168
Merit: 0
I prefer to check my coins from airdrops and bountys one by one. I look if they reached their soft cap, project details and team experience and the amount of coins that i have. After all this research i decide to exchange it or keep it. My lesson from 2018 is not to keep so many alt coins that its nearly impossible to keep an eye on project on bear market.
member
Activity: 700
Merit: 11
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



Do not attempt to sell them now! That would be a great loss. Sorry that you had to go through this hard time with the bear market. I think next time you should sell half and hodl half. That way you won't feel so bitter. But its not over yet. Crypto has a great future awaiting it and those assets you hold that are almost worthless now will end up being quite a fortune on your hands
newbie
Activity: 32
Merit: 0
Yeah, I made an even bigger mistake. I got coins earlier and didn't sell.
So my advice is not to get in love with coins that you have and make a profit.
You can buy them again later.
legendary
Activity: 1218
Merit: 1000
That was the biggest mistake in my life, that if there is a bull run you should sell your coins and buy in cheap or if bull run is already done, until now many of my coins or tokens are stock and it will not to be profit anymore, hoping too see again a bull market in this year.
when we hold a coin, of course we will always pay attention to what we have, and always feel dear to be sold. things to avoid when holding coins are of course greediness. it was the biggest mistake I made. I think some people have the same mistakes as I do, because it's a common mistake to avoid.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
learning from experience and not much different from you, when the increase occurred I did not immediately throw it away and just waited a little more to reach its peak, but unfortunately that hope was lost, of course we must know that it is a good step when there is an opportunity to sell directly sell it and don't have to wait for big profits, it will hurt
jr. member
Activity: 229
Merit: 3
EndChain - Complete Logistical Solution
I think the correct advice is for people who want to get in crypto to assess at which point of the market cycle they are currently. Lots entered in early 2018 after a big bull run, that was the mistake. The correct time to enter is now actually, those who invest now will gain a lot in the future. If you invest after you see prices skyrocket, you buy high instead of buying low.
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