Topic: Surviving For Tomorrow (Read 228 times)
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.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.
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.
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.
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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.[snip]
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.
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.[snip]
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
All I did after seeing BTC dip to $58k, I move my altcoins to BTC. All is fixed.
Great mind set! That's what you should be, don't think about how much you have earned as long as you are earning that's what matter. Some people is consuming by their greed and wanted to earn as much as possible in one run and ended up losing.
Another thing I like on what you have said is throwing your money on a single coin. It is much better if it was divided to different quality coins and not any shit coins.
Another thing I like on what you have said is throwing your money on a single coin. It is much better if it was divided to different quality coins and not any shit coins.
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.
Diversifying your short-term portfolio investment into a long-term investment is a good decision IMO.As an investor like this, I think this is a wise and very clever move which is we know that these hyped coins will not long last like what you have said a SHIB token which is I believe that will become a shitcoin soon.
I's suggest diverting your asset into a project that has real use that the potential have opportunity to gain profit in the future.
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Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
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This is one of the major problems of people who are new in trading, they don't know how to take profits or secure some.Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
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Even securing just some of your profits or the amount of your initial entry, they can't do it because they can't control their emotion. Another thing having no plan or not sticking to it because for sure there are a lot of traders out there that entering on a trade without a plan like the stop-loss or take profit area.
Well, for OP. Congrats! Keep it up!
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.
what is the cheaper rate for some coins?
When you talk about "quality" coins, do you mean Shiba also had some quality?
I remember Jan. 2018, when every shitcoin promised and even had great value. the market was then in constant growth for a long time much like now. then everything broke and 90% of all altcoin never recovered.
I just see no reason on why I should be greedy or be expecting a substantial profits or my first few investments in crypto. I know with time, I would make more money with the little capital I started with. After all, crypto have started years before I hopped in.
And I guess that's what I applied.
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The most important thing that you need to apply for yourself is risk management.
And I guess that's what I applied.
making a bunch of your portfolio should be a sure way to survive the crash of some coins on your portfolio knowing fully well not all would do well while some will crash others would produce profit able to cover up the losses
If your portfolio is full of shitcoins, many are more likely to crash than to rise, so even if a couple does spike up in price there would still be a lot that could keep you at a loss.Diversity is the spice of crypto.
I would rather say, diversity is the spice of investment; and to truly diversify, you should be investing in assets which are not correlated, like bitcoin and gold or stocks in a football club, this way a crash in one has very little effect on another and you can choose the best options from several fields.So he needs to keep up with the updates of his other holdings, and sell them before they totally gone out of the market. It is good to invest on some cheap coins but make sure you also do your research. Because most of them have no chance of going up as they will be abandoned by their respective developers. It is good that he had good profits from SHIB, because I have the feeling that this meme token will not last long. Once the hype is over, for sure, this will be abandoned by the team who is behind this. No strong use case, hard to survive.
Diversity is the spice of crypto. When it comes to shit coins you can't tell for sure which is a good investment and so making a bunch of your portfolio should be a sure way to survive the crash of some coins on your portfolio knowing fully well not all would do well while some will crash others would produce profit able to cover up the losses
Diversification is best but not all would have the money to do so which why people do only focus up on single point which is on bitcoin or other coins they are dealing with now.Thing here is that you do know on what you should gonna do to make yourself at least effective with this market despite on having less capital compared to others because this
isnt really a race but rather making yourself survive even though its totally unpredictable which it isnt surprising that mistakes could really happen but if you do
know on how to handle things up then thats things a must.
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.
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.
The most important thing that you need to apply for yourself is risk management. No matter if it's a shitcoin, a pump and dump coin, or a long term coin, just invest an amount that you can afford to lose or treating it as "dead money".
It's good that you've made some nice profit with SHIB despite that it doesn't have real fundamentals or use cases. Just manage your risks very well and remain financially stable. You'll be fine with that mindset.
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.
Nice mindset you do have on here mate and this is should how people do really deal up with this market on which they should be looking for opportunities on where they could possibly profits and not just only focusingEven 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.
on a single source.You are here dealing off with unpredictable market just for the sake of making income or profit which its understandable that diversifying would really make out some significance.
Sustainability will always matter and this is should how people do things to make yourself efficient.
making a bunch of your portfolio should be a sure way to survive the crash of some coins on your portfolio knowing fully well not all would do well while some will crash others would produce profit able to cover up the losses
If your portfolio is full of shitcoins, many are more likely to crash than to rise, so even if a couple does spike up in price there would still be a lot that could keep you at a loss.Diversity is the spice of crypto.
I would rather say, diversity is the spice of investment; and to truly diversify, you should be investing in assets which are not correlated, like bitcoin and gold or stocks in a football club, this way a crash in one has very little effect on another and you can choose the best options from several fields.
Diversity is the spice of crypto. When it comes to shit coins you can't tell for sure which is a good investment and so making a bunch of your portfolio should be a sure way to survive the crash of some coins on your portfolio knowing fully well not all would do well while some will crash others would produce profit able to cover up the losses
This should be the proper mindset that we should always have every time we trade, taking profit is not bad at all and you can use that money to reinvest later on that can make you more profitable if you keep on trading according to that plan.
We know the hype will not die easily especially on SHIB but its too volatile that you can really do buy and sell. There’s always a good opportunity that will come day after day, just be more consistent and you’ll be fine.
I kinda agree also and I'm doing similar things. I'm earned some money in NFT space and all of that I have invested in coins that are in top10 on cmc. Making things happen for the future. We know the hype will not die easily especially on SHIB but its too volatile that you can really do buy and sell. There’s always a good opportunity that will come day after day, just be more consistent and you’ll be fine.
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.
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.
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.
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