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Topic: Surviving For Tomorrow (Read 189 times)

member
Activity: 434
Merit: 10
November 07, 2021, 07:10:45 AM
#34
Have a quality portfolio. Stay while you still have the opportunity and the ability for a better future. At least you will get great results if you want to hold for a long time. Prioritize research in your investments and look at charts in the past few years. That would be a good capital for the best coin in your portfolio.
legendary
Activity: 2212
Merit: 1008
November 04, 2021, 03:51:18 PM
#33
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

You follow a very sensible strategy of diversifying your money between different coins. This way you decrease your risk as like you said when a few coins are falling, some others can keep your portfolio afloat. It is better to hold a part of your money in risky altcoins, and a bigger part in some mainstream currencies of promising projects.

Also it is very important not to be greedy and lock-in profit.
sr. member
Activity: 2254
Merit: 256
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November 04, 2021, 02:08:55 AM
#32
The key to the benefits is not focusing on just one coin. There are so many new coin or old coin opportunities that in the future will become a trend. Don't waste it. There's still plenty of time to make a profit. His main point is to be patient to make a profit and not have to be greedy for it. Immediately key to profits once they reach the target.
hero member
Activity: 2912
Merit: 629
November 03, 2021, 11:20:27 PM
#31
Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.
Thats a wise decision. Its always good to not stick in a certain coin, diversifying can lessen the risk of losing your money.

Thus as long as you'll choose a coin that has potential and not shitcoins then the chances to gain from it is high.

But its not often as easy and smooth as it seems because it requires knowledge, plan, strategy and patience in order to succeed.
hero member
Activity: 2002
Merit: 516
November 03, 2021, 07:29:39 PM
#30
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Using the same strategy and trying not to be too greedy. Sometimes it's better not to wait for x10 to come, sitting in one risky coin, but try chain-growing tactics when you get x2 and move to another unpumped coin.

If we are in the bull run and the market is positive all the time, why jump on different coins if you can wait for ATH and earn without unnecessary risk.
I'm not talking about investing in one coin, but investing in several with a lot of potential and just waiting.
In my opinion, 10x is a very good result for a good project and every project with potential should achieve that sooner or later.
hero member
Activity: 1932
Merit: 622
ROLLBIT > Crypto's Most Rewarding Casino
November 03, 2021, 07:18:52 PM
#29
This is part of the fund management
We sometimes become very greedy when realizing that our holding coins are increasing and very hype enough. And we are really sure that they will pump again during the hype. But in the crypto industry, it is not like that always.
We may find some crashes and also pump and dump are still around us, moreover or the hype or new coins.
Well, securing some funds is a good way in order to avoid being lost forever later, moreover about this meme coin.
And also making diversification on the portfolio is also a good way.
I know that many people also may be doing this, money and risk managements are very important for us.
We may think about getting higher and higher profits again, but without any wise management of risks and funds, we maylose our assets or lose our chance to get profits.
 
legendary
Activity: 3122
Merit: 1398
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November 03, 2021, 07:03:48 PM
#28
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate. I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Disregarding the status of SHIBA INU based on my view, it's good that you are doing such things to somehow secure profits even there's an anticipation that there might be another round of price increase that will happen in the future as a speculation. While doing that, you are gaining experience and that will help you to decide properly in the future.

Just continue with your strategy and see the result for yourself. Eventually, you can now automatically create a strategy based on a given situation.
legendary
Activity: 1722
Merit: 1014
November 03, 2021, 05:53:09 PM
#27
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Using the same strategy and trying not to be too greedy. Sometimes it's better not to wait for x10 to come, sitting in one risky coin, but try chain-growing tactics when you get x2 and move to another unpumped coin.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
November 03, 2021, 05:01:00 PM
#26
Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.
Until bitcoin remains bullish, you may find yourself successful and massively profit making but not sure that you will be able to maintain with same kind of performance once after bitcoin enter into bearish markets. Because, the entire crypto markets will get collapsed once bitcoins enter into bearish mode. So, either you need to stay safer with your trading by intensifying your technical parts or you may simply stay away from trading.

If you are expecting to make similar profits even bitcoin is not performing well then you will get disappointed. I am just saying all these from the knowledge that I have gather from last 4 to 5 years. So, expect the unexpected and plan up accordingly.
sr. member
Activity: 1666
Merit: 267
November 03, 2021, 04:10:11 PM
#25
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
[snip]
Diversifying of a portfolio into many quality coins is good but it is only better when you have knowledge of portfolio management cause altcoin markets are said to be highly manipulated.
I don't know what you see Shib and other meme coins but they are products of the pump and dump so you should have invested in good altcoin like ETH, Link, etc.

It takes good research and analysis skills to choose lots of quality coins to diversify our portfolio. Because as you said, most altcoins are
often manipulated, so choosing the wrong coins can be very risky to suffer losses. It's not even enough to choose good coins, but we also
need to analyze when is the best time to enter and exit the market. Then regarding meme coins, which often happen to pump and dump,
I really don't like trading on meme coins, the risk is too high. But if someone has good analytical skills, so being able to take advantage of
the pump and dump that occurs in meme coins to be able to generate profits through short-term trading can indeed be done. But I prefer to
trade in a safer way, namely by choosing popular altcoins that have strong fundamentals for trading. If we make the mistake of buying the coins
at a price that is too high, after that the price immediately falls, we don't need to worry. Because coins with strong fundamentals will recover
quickly and can go higher.
member
Activity: 1155
Merit: 77
November 03, 2021, 03:17:13 PM
#24
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
[snip]
Diversifying of a portfolio into many quality coins is good but it is only better when you have knowledge of portfolio management cause altcoin markets are said to be highly manipulated.
I don't know what you see Shib and other meme coins but they are products of the pump and dump so you should have invested in good altcoin like ETH, Link, etc.
sr. member
Activity: 2310
Merit: 332
November 03, 2021, 12:18:01 PM
#23

Don't believe in all coins where many shit coins everywhere. Yes you may gainer from one coin but this is not mean all coins will behave same like this.Before your investment you must have to more clear for this coins roadmap and mission so that no upset will run you.

Like the saying is life is about risk even with meme coin you can hit it big and exit. All we have to do is be careful but too much of smartness don't allow for risk taking. However we need investment in top coins and not coins that are yet to go into exchange. Some investors still believe in putting money in ICO but that failed so many. That is to invest in what you don't see the prospect is the problem of diversification.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
November 03, 2021, 11:16:17 AM
#22
Good luck with that strategy and if that works for you then you should do your best to keep it up. I don't like that strategy of diversifying that much. I'm not against diversification because I also diversify but doing that much, I think that will make me lose more. Spotting a good coin is harder this time with the proliferation of meme coins. But if you're good at spotting them on then that's the skill that will be paying you very well if you're good at it.
legendary
Activity: 2030
Merit: 1189
November 03, 2021, 10:43:25 AM
#21

I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.


Nice way to go but be mindful of shit coins. Don't invest in a coin just because it is cheap. There are other things to check like volume, usage and maybe exchange. Diversification is good for the person who is thinking of the future , more altcoins will go moon soon when bitcoin rally totally drops so be ready you may see other altcoins that can rise faster.
On point with this. While it is great that OP secured profits and already starts to see the value of diversification it is just as important to ensure that diversification doesn't fall on mainly low cap alts, or cheap ones as the risks can be detrimental.

A good mix is usually a good approach, such that if one sector like gaming for instance is affected you can rely on the other unrelated sectors to uplift your portfolio  Cheesy
full member
Activity: 1582
Merit: 101
November 03, 2021, 10:13:15 AM
#20
I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Don't believe in all coins where many shit coins everywhere. Yes you may gainer from one coin but this is not mean all coins will behave same like this.Before your investment you must have to more clear for this coins roadmap and mission so that no upset will run you.
hero member
Activity: 1400
Merit: 770
November 03, 2021, 09:16:11 AM
#19
There are many ways to trade, lots of options and styles of doing it. Everyone has an alternative choice. So they adjust what they think is true. If you look at the choices you have made it is only one of the many ways. Sometimes I do that too, but if I see more potential I will hold. Although I know the risks, so it's one of the best choices out of many according to what they trust and you believe. Because I believe everyone has a different opinion.
sr. member
Activity: 1988
Merit: 283
November 03, 2021, 08:12:03 AM
#18
You have a good mindset mate just keep it up don't be greedy, but i suggest that always make sure you're at the cheapest coin wherein not tends to make correction afterwards because its a big problem especially those already made an ups or known that for hype only such meme coins because there's a chance of losses after all.. So be smart enough and always make TA or fundamental analysis before you put your money in it wherein to assure everything will gonna be alright even you obtain small profits at least your money is safe from the massive correction of the market.
hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
November 03, 2021, 07:24:50 AM
#17
Well, that's how it is in trading, diversifying your portfolio pretty much lets you have that chance of being safe from the scenario where you invest all in in one coin and then it dumps. Diversifying at least lets you have the option of having multiple investments sink and profit, depending on what coin ofc. Still, I'd probably go for safe coins since even if you fill up your portfolio with hundreds, if they were all shitcoins, nothing much would change. Though ig if your own personal research led to you believing that you would profit, then that'd be your choice.
full member
Activity: 584
Merit: 100
$CYBERCASH METAVERSE
November 03, 2021, 06:54:52 AM
#16
In trading it can't be said that, which coin is going to a height and at which range it will come back. But always be prepared for the shit coins to be ready for preventing yourself from the loss. And hereafter another thing, trading is a business in which, there is always a little loss and there is profit too, don't be desperate in other means.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
November 03, 2021, 02:26:55 AM
#15
Just see to it not to buy new tokens like that squid token or EOS, those are just not really worth the time waiting. I earn from the SHIB more than the time waiting for EOS to run-up. Some tokens really just aren't going up despite how old they are in the market. Hard to see you earn when the Gem you found had already gone up, they were eventually dumped by traders so you will have to wait for a long time for its cycle.

All I did after seeing BTC dip to $58k, I move my altcoins to BTC. All is fixed.
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