Mistake you should avoid when holding your Altcoins - page 8.

slaman29

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Quote from: Santri on January 22, 2019, 03:48:56 AM

* 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

Then welcome to altcoins market my friend, and if you are a bounty hunter, like I guess most or all of us are, or were at some point, then this is a familiar story.

I don't mind saying that in 2017 I did a fair share of bounties myself, until I realized that 99% of my fellow "hunters" were practically shilling and then I realized I looked bad by promoting a shilly project. Gave that up long ago. Now just doing my signature campaign for Bitcoin, and happy to see all of my fellow campaigners are using our project properly and giving quality posts!

ityandsyn

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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 did it because that is your goal which is to gain huge profit by waiting the bull run which unfortunately not come , unlikely in my strategy which to have a price setting for selling so whether there is a bull run or none , if the price is already hit for my aimed , then its time to sell.

ethereumhunter

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Quote from: Rengga Jati on January 23, 2019, 07:23:23 PM

The worst mistake that I have ever had is being so panic in making decision. I have hold the coins for more than a year and when the price is drastically dropped, I became panic and led me to sell the coin sin the wrong time with very small price. That is why I didn't like being panic. Holding the altcoin swill make me do some mistakes if I'm not being patient, holding the wrong coins, and also always staring at the market progress.

I make the same mistake as you in the past because I saw the price is drop in too fast and makes me panic. I sell half part of my coins because I think it will get down for more, but I am wrong, in the next minutes, the pump came and lifted the price go back to the last higher price, and even it increases higher than before. Fortunately, I still have the other half amount, so I prepare to sell at the price I want, and although I need to wait for 10 minutes, the price can reach my price and my order sell was filled.

nak02

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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.

Debonaire217

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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

First, do not store it in exchange for more than 3 months I guess, trust personal wallet and leave nothing to exchanges. Second, do not wait for opportunity but make the opportunity waits you.

Maknae09

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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 like your belief about do not wait for the bull run to come, well based on my opinion, waiting for these bull is just a waste of time, it lessen our productivity so, acting way more better is far more efficient.

starblocks

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This is a wise strategy to adopt especially when you are holding onto too many high risk assets because in a bear market there's not always going to be as big a chance of them appreciating even if good quality projects do achieve milestones and increase adoption the results might not pay off immediately so always be proactive in diversifying into lower risk assets if there's enough liquidity and you're not incurring too big a loss when restructuring your portfolio

Rengga Jati

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The worst mistake that I have ever had is being so panic in making decision. I have hold the coins for more than a year and when the price is drastically dropped, I became panic and led me to sell the coin sin the wrong time with very small price. That is why I didn't like being panic. Holding the altcoin swill make me do some mistakes if I'm not being patient, holding the wrong coins, and also always staring at the market progress.

Sarastiche

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We must ensure we do not allow greed or interest in a project allow us loss out during the bull run, I sell off my token bit by bit in order to have access every stage of profit.
do not follow bounty hunters advice hype.

playboy654

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Quote from: anjho.ace on January 23, 2019, 01:10:39 AM

I was a newbie and i had a coin which has a decent amount.
I tried to do a day trade to make more from it though it was not good as i dont have enough knowledge and patience.
I just lose some amount instead of having more and sold my tokens/coins at very low price.

You are correct that your friends will be more important for a person to get long term stability in this field otherwise he cannot make anything good for his life to achieve in this cryptocurrency market and also be a good investor is more tougher than anything if you can do this properly you will be success.

hulla

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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 actually make a genuine point and this is why people are advice not to be greedy or let profit making blind them from doing the right thing. However, selling all one holding for quick profit is also not good because there are some certain things ones need to put in check before making decision or else you'll wish you shouldnt your altcoin.

leslie4u

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I kinda relate with what you started this thread with. I got few coins via bounty and some I just got in hope that someday it will rise and shine. The thing was when it was bullish I sold some but then kept few in hope that it will cross the benchmark but then only to find that I had to wait longer than expected. I think we should all just sell when things are high and then if we want to make more profit then we should just buy it again when its low. Often many including myself miss the sell boat and then have to wait for a long long time.

There is a saying that one should not fall in love with a coin for we are here for money and not attachment.

Mysteryla

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This is one of the reasons some coins just keep dumping, because they do not believe in holding.
Well, I think the mistake most people make is that, earlier they were holding just any coin that comes their ways. So since most of them have plunged, they were discouraged from holding and that lead them into continual dump of what they have.
This will not help, because there are certain coins that will give you unexpected huge profit, if you are able to hold. You just need to study most of them.

dodgecharger

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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

Thank you for your reminder that in the early 2019, the price of many altcoins began to rise slowly, waiting for a suitable opportunity, I will sell the tokens in my hands.

Gabmot

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From my part i don't see what has happened to you as a mistake at all.I believe for everyone who invest wants to earn profits which often times are large. Though the bear market's taking longer than envisaged, it's gonna give way to the bull one day.

DainSLane

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Mistakes are there but it is up all to you or how you decision with your altcoins, when are you gonna sell or when you gonna hold your altcoins it is all depends how you react with the market condition. Wise decision makes you successful.

Abosede

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We keep making the mistake of waiting for bull run and that has cost many people what supposed to be their asset,many have lost their portfolio to that,we must learn to survive in the bear market and one of the way to survive is to know when to take your profit, or else you will end up losing everything that should have been a profit to you.greed will make you lose everything.

casternetwork

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Quote from: kentrolla on January 21, 2019, 08:21:24 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

You are right a lot do the same mistake, In my opinion it's not good to hodl bounties and airdrops it's completely luck when the tokens are listed on the exchanges you need to sell them immediately to see a descent profit rather than waiting for a big amount.

The mistake is not only one and most of us get into it every time we want to make a little more surprise, or maybe the new island fire is created and we are their first victims. It is so simple Grin

anjho.ace

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I was a newbie and i had a coin which has a decent amount.
I tried to do a day trade to make more from it though it was not good as i dont have enough knowledge and patience.
I just lose some amount instead of having more and sold my tokens/coins at very low price.

vhns222

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Activity: 504

Merit: 105

You are not alone mandy have done same mistake and i was one of them another my mistake was buying on 8.5 then i couldnt even imagine we were going to long bear market.

Topic: Mistake you should avoid when holding your Altcoins - page 8. (Read 24262 times)