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Title: I believe this is the way Post by: Squezzi55 on October 29, 2020, 05:40:26 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about
Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: amishmanish on October 29, 2020, 05:51:54 AM While this strategy sounds simple enough and everyone knows about it, there are subtle issues with this:
Buy a coin and hold like you intended but take profits when the coin shoot for the sky You see, 'sky' has no limit. How do you define 'sky'. 2X, 3X, 10X. What is you take profit at 3X and then it goes 10X?crypto is like a circle, there will be pumps and there will be dumps, Its not a circle, its an inward spiral that has the possibility of teleporting to the outermost fringes depending on twitter shilling. Most of the crypto is just an arrow down. Whatever goes up, WILL come down. There is no need to pin long term hopes to any of these projects until you are actually using their product and getting involved as a "creator", thereby profiting from whatever new market this token creates.Small investors who read about dev promises and get impressed by Medium posts and decide to get emotionally invested in a project for holding long term are just bagholders. If you buy anything without understanding the business proposition and becoming a part of it yourself, you will ultimately only end up providing support or liquidity to those smarter than you. A much better strategy is to keep a target and get the heck out as soon as you can. As long as its not a loss, you should be happy. Only a few get lucky at the cost of a lot of other hopefuls like yourself. Title: Re: I believe this is the way Post by: Dariusburst on October 29, 2020, 05:58:05 AM While this strategy sounds simple enough and everyone knows about it, there are subtle issues with this: What goes up must come come down like you said but are you saying a coin that goes down wont go back up again? I believe the reason why this guy or girl wrote that crypto is a circle is the ups and downs, while a coin goes up and you take profit before going down opens door to another opportunityBuy a coin and hold like you intended but take profits when the coin shoot for the sky You see, 'sky' has no limit. How do you define 'sky'. 2X, 3X, 10X. What is you take profit at 3X and then it goes 10X?crypto is like a circle, there will be pumps and there will be dumps, Its not a circle, its an inward spiral that has the possibility of teleporting to the outermost fringes depending on twitter shilling. Most of the crypto is just an arrow down. Whatever goes up, WILL come down. There is no need to pin long term hopes to any of these projects until you are actually using their product and getting involved as a "creator", thereby profiting from whatever new market this token creates.Small investors who read about dev promises and get impressed by Medium posts and decide to get emotionally invested in a project for holding long term are just bagholders. If you buy anything without understanding the business proposition and becoming a part of it yourself, you will ultimately only end up providing support or liquidity to those smarter than you. A much better strategy is to keep a target and get the heck out as soon as you can. As long as its not a loss, you should be happy. Only a few get lucky at the cost of a lot of other hopefuls like yourself. Title: Re: I believe this is the way Post by: Dariusburst on October 29, 2020, 06:00:03 AM Bear market opens door to buying season and bull market opens door to selling and taking profit season, the problem is many don't know when to go in and when to get out, both ups and downs in crypto space has their advantages and mind you make sure the coin you holding have the habit of recovery, my perfect guess is NEO.
Title: Re: I believe this is the way Post by: benthach on October 29, 2020, 06:05:24 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. Title: Re: I believe this is the way Post by: TanakabZX on October 29, 2020, 06:11:38 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. Title: Re: I believe this is the way Post by: benthach on October 29, 2020, 06:14:37 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. i just want to point out the scenarios. why the judging and personal attack? Title: Re: I believe this is the way Post by: Ziskinberg on October 29, 2020, 06:19:00 AM We can still be successful even holding, as long as you are not greedy you will find the best way to sell your holding.
It could be a cycle, where we will see a pump and dump, but we always see at pump. Here's a simple example to prove that holding is an effective investment strategy. Bitcoin before was price $100, if you buy and hold it until now, you can still sell it with a profit because bitcoin never goes back to that price again. The problem is if we limit the price appreciation of bitcoin, that's where you think it will just move at a certain level only. Title: Re: I believe this is the way Post by: Genemind on October 29, 2020, 06:22:34 AM I learned this lesson the hard way. When I was new in crypto, I trusted it like crazy since I became active when the bull market started and thought there is no other way for the price but to go up. I HODL bounties that I believe for several months some stayed with me for a year. I lost a lot of opportunities to earn, and I am left at the lowest price unable to sell and make a profit from it. Sell when the price is roght and buy back at the lowest possible price.
Title: Re: I believe this is the way Post by: bits4books on October 29, 2020, 06:34:36 AM I think it will sound rude but - if you want to earn money, then go to work and develop yourself as a specialist. Why do you need cryptocurrency for this? You understand that people like you continue to kill not only the community turning it into a bunch of speculators and traders but also kill the tool itself?
What difference does it make to you - get dollars right away or spend them first to buy something else and then sell for a higher price? You might as well be reselling ordinary items. You can answer normally - why do you need cryptocurrency? If you think that this is just a tool for making money then you do not need it because you will kill it. You don't even want to see the potential inherent in this technology - you only care how many fiat you can raise on the purchase and sale. Again , you don't need cryptocurrency, go trade vegetables. Title: Re: I believe this is the way Post by: Nekonoid on October 29, 2020, 06:35:33 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. This is the reason why people continue to invest even in spite of losses. They hope to make profitable investments and to earn more money. Now many projects us PoS algorithm and offer to earn money on staking for token holders. To earn more it is necessary to learn more. This is an article about staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc Title: Re: I believe this is the way Post by: goaldigger on October 29, 2020, 06:42:32 AM Don't attached too much emotion on your coins, it is meant to be sold so if there's a chance to take profit, do it. Holding still requires good skill because you have to know when to sell and buy again, don't just hold without a plan its too risky. This is a simple rule in holding good coins, because you might missed the opportunity if you are just holding without clicking the sell button. I do hold good coins but there's no specific time to sell, just an specific price and I don't want to be more greedy if the market already hits my limit, then I will sell.
Title: Re: I believe this is the way Post by: umbara ardian on October 29, 2020, 06:47:04 AM I want to let you know that this is not just one way.
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it With what you want to mention, I can immediately relate to the law of universal gravity. It's like sending your positive thoughts in return for the things you want. This also applies to me at work, not just crypto. Title: Re: I believe this is the way Post by: jessyj48 on October 29, 2020, 06:47:13 AM This is the best advice ever, some won't agree but I completely agreed because it has happened to me many times, holding coins since 2017 because I believe they will bring insane profits later but today it's like losing 3000$ to 3$, my portfolio bleeds out and the pain stuck in for months before I finally get rid of that bad feelings, if I'd take my profit then I would be in better shape today
Title: Re: I believe this is the way Post by: xSkylarx on October 29, 2020, 06:59:28 AM Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. The problem is some of us bought in the FOMO stage. We are being hyped that we bought at a higher price. Once that coin is not trending anymore it will take some years to sell it for a profit. I myself is guilty of that. I can't sell the coin now because it's half the price compared to when I bought it. I just hope that next year it will pump because of the recent adoption it got. Title: Re: I believe this is the way Post by: Anarchy101 on October 29, 2020, 07:00:41 AM Taking profit is key to being a successful trader. Once you start trading with emotions, greed sets in and, this greed can be really really bad for your portfolio because around 80% of the people lose money when they let greed take over. Happened to me countless times.
Title: Re: I believe this is the way Post by: Mahdirakib on October 29, 2020, 07:03:45 AM This is not a new thought. Many crypto investor and holder following this method from earlier. The people who does it perfectly stays in good profit always. But for doing this someone need to observe the crypto market with much effort. Cause it's hard to know when the price will reach high and how long it will stay at low while it gets dump. As a result it creates a lot of pressure to them. While you hold crypto for long term you can stay stress free most of the time. There are different kind of crypto holder. Some tries to make out profit within short time. And they follow the way, what you have described.
Title: Re: I believe this is the way Post by: Stanlo on October 29, 2020, 07:10:55 AM I think it will sound rude but - if you want to earn money, then go to work and develop yourself as a specialist. Why do you need cryptocurrency for this? You understand that people like you continue to kill not only the community turning it into a bunch of speculators and traders but also kill the tool itself? These people are talking out of experience, how many crypto projects are into real use case today? They are just there for nothing, even payment projects, no single person is using them for the real reasons they are built for, instead they lose value in the process, for a technology to survive you expect me to lose all my money? Mate it's always about the money, minus bitcoin and ethereum it's always about the moneyWhat difference does it make to you - get dollars right away or spend them first to buy something else and then sell for a higher price? You might as well be reselling ordinary items. You can answer normally - why do you need cryptocurrency? If you think that this is just a tool for making money then you do not need it because you will kill it. You don't even want to see the potential inherent in this technology - you only care how many fiat you can raise on the purchase and sale. Again , you don't need cryptocurrency, go trade vegetables. Title: Re: I believe this is the way Post by: Francis Freeman on October 29, 2020, 07:44:09 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it What you are talking about is pretty obvious and sounds too easy but the real problem is in identifying what is really the sky for nay project? What if you turn out to have sold out at a mini pump ? It all depends on the type of project that you are invested in , if it's a just a hype small term project or a project that focuses on the longer run. Title: Re: I believe this is the way Post by: so98nn on October 29, 2020, 07:58:11 AM I am not sure since when you are in the crypto space but what you just stated here is the traditional stuff!
What I mean is, everyone whose little bit old here knows this strategy of earning money. Mostly from the bitcoin investments. It's already known that bitcoin keeps fluctuating in between the prices sometimes it go skyrocket but still the formula is to keep the investment as it. When it's down, buy more, stock up the pile and keep holding. Now, the plan here is to wait for more than 3-4 years which is pretty good time period due to the forking fact which comes every 4 year. It is a time when crypto always hikes a lot and then you can release your stock pile for highest available rates. Title: Re: I believe this is the way Post by: Kvalentine on October 29, 2020, 08:08:47 AM You can become a holder and still keep taking profits from every project that brings 2x or more, this crypto space is working in circles, there are times when the coin will surge and there are time when the coin will dump, just take advantages and keep repeating the process
Title: Re: I believe this is the way Post by: Akiko on October 29, 2020, 08:19:19 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Not all coins can recover after the dump so if you think that every coins can bounce back when the times come then you understand it wrong. Most of the tokens or coins dump continuesly so if you think you bought it in deep then another deep happen and you bought a it's already a lot of lost on your side and you will never know if they can back to the price you are expecting to be . Title: Re: I believe this is the way Post by: leea-1334 on October 29, 2020, 08:52:04 AM It is not just a possibility,,, it is a very real outcome waiting to happen. Look all around us we are part of the 99% who are hodling and waiting thinking the whales will take us to the top but when the top comes we still hold. The whales dump on us every time.
I really think we have to just believe only in Bitcoin and keep using it to the maximum that we can. Forget altshits:) Title: Re: I believe this is the way Post by: Greatchu on October 29, 2020, 09:06:40 AM I don't have to be rich from crypto, I just want to make few profits and still have good portfolio, I don't want to end up with coins that are not useful for the public because I believe use cases is what keeps a project alive, watching my portfolio bleeds out and never recovering is the most painful experience you don't want to see, crypto is volatility but hunt for coins that recovers from red market once red market is over, majority of altcoins never remain the same after a long bear market
Title: Re: I believe this is the way Post by: vermigerous on October 29, 2020, 09:29:46 AM I agree that you can't be rich in crypto business if you only plan to hold coins for years, however if your plan is to take profit whenever what you hold is doubled is a correct way of making profits to earn but not literaly being to be rich. Making to be rich in crypto space is luck, several investors done trough this however many investors failed compared to yhise who succeed. So, for me, whenever you have the chance of having a profit, take it.
Title: Re: I believe this is the way Post by: Lhaine on October 29, 2020, 09:39:05 AM I agree that you can't be rich in crypto business if you only plan to hold coins for years, however if your plan is to take profit whenever what you hold is doubled is a correct way of making profits to earn but not literaly being to be rich. Making to be rich in crypto space is luck, several investors done trough this however many investors failed compared to yhise who succeed. So, for me, whenever you have the chance of having a profit, take it. Totally agree, there is no way that holding today can be as profitable as before but having 10-100 percent is possible as weekly profit ,so if you know that you can do that why need to wait . That's better strategy that we can use as todays time and not only by holding currency .just always take profit every time you give a chance to take it and move to other crypto and continue doing that multiple times . Title: Re: I believe this is the way Post by: Adreman23 on October 29, 2020, 09:43:01 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it The problem on this strategy, what if - - here is the scenario you invest on a project you really believe in then the price shoot up and you apply this strategy thingking the price will go down but what happened is after you sold all your coins the price went up again and down a little then up again until you dont have any chance to buy back your coins on your desired price then you left out, and after that you found yourself regretting and saying to yourself 'if i only hold my coins i am rich today.' Title: Re: I believe this is the way Post by: kentrolla on October 29, 2020, 09:49:47 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Mate this has been followed by many even now, what you meant is even if you loss you can make money from the dip by buying it again, correct me if I am wrong. This strategy is going from decade's and this is what it is done in share Markets as well. However this was a useful tip and this will definitely help us to avoid loss. Title: Re: I believe this is the way Post by: cryptonx on October 29, 2020, 11:55:14 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it not only crypto mate, all kind of investments price will go up and down if we enter or exit the market in the right time, we can get a good profit, and thats called trading combining a technical analysis and fundamental analysis will be a good way to be a good trader, and remember don't be greedy Title: Re: I believe this is the way Post by: didzi on October 29, 2020, 12:40:00 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it its easy to say but hard to do because the psychology from each people is different mate, thats why if somebody want to be a good trader, they must learn before earn learn how to control their psychology when their predictions going wrong and stop being greedy when their predictions going right Title: Re: I believe this is the way Post by: Freebieindia on October 29, 2020, 01:07:27 PM my strategy with altcoins are very simple. When my coin 2x in price, i just sell 50% i.e i take out my initial investment. In that way i ensure no loss. The according to market i can plan when i need to sell the rest.
Title: Re: I believe this is the way Post by: joseyphil82 on October 29, 2020, 01:10:24 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Not all coins can recover after the dump so if you think that every coins can bounce back when the times come then you understand it wrong. Most of the tokens or coins dump continuesly so if you think you bought it in deep then another deep happen and you bought a it's already a lot of lost on your side and you will never know if they can back to the price you are expecting to be . Title: Re: I believe this is the way Post by: XCANA on October 29, 2020, 01:11:11 PM Not everyone wants to be a day trader. If you are trading against bots you are more likely to lose your money. I invest in undervalued microcaps like $0xMR then sell after a 100x. It's been working so far for me. The day traders are the best when profit is anything to go by, but this can also be a big lost for those without the necessary skills. Personally am not a day trader, i really depend on a long term trade or a midterm trade, this is one that bring me profit from the trading world. I think investment in undervalued projects is the best if profit taking is important, i usually take my investment into undervalued projects and this has earned my much from this industry. Title: Re: I believe this is the way Post by: TopT3ns on October 29, 2020, 01:16:57 PM my strategy with altcoins are very simple. When my coin 2x in price, i just sell 50% i.e i take out my initial investment. In that way i ensure no loss. The according to market i can plan when i need to sell the rest. I think many use a strategy like this because we are supposed to trade it will apply that method, but if you wait to get a profit of 2x the price when you buy it will be very long, considering that not all altcoins have such good price movements, maybe an increase of 1 , 5 is enough to partially sell it.Title: Re: I believe this is the way Post by: error08 on October 29, 2020, 01:44:12 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, ~ Holding BTC1 for ten years, definitely will multiply more than 100x, bitcoin 10 years ago was only $0.125 and now $13,100 multiply more than 100,000x. How about in 2030? Some predictions said it probably worth more than $500,000. Not every coins worthy to hold for a long time, some are object for trading and manipulation, preferably to buy and trade some major coins like btc, eth, ltc. Title: Re: I believe this is the way Post by: Doranile432 on October 29, 2020, 01:49:29 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it its easy to say but hard to do because the psychology from each people is different mate, thats why if somebody want to be a good trader, they must learn before earn learn how to control their psychology when their predictions going wrong and stop being greedy when their predictions going right Title: Re: I believe this is the way Post by: Inkdatar on October 29, 2020, 01:51:51 PM my strategy with altcoins are very simple. When my coin 2x in price, i just sell 50% i.e i take out my initial investment. In that way i ensure no loss. The according to market i can plan when i need to sell the rest. This is also a nice move not so greedy when it comes to taking profit when you have your coins. Sell it when it is the right time and the price already increases. Sometimes holding too long is not also a good choice except for bitcoin which ensures a good profit in the long run. This shows that we have to invest in what we can afford to lose since some coins are not profitable to hold long term. Title: Re: I believe this is the way Post by: Marina5 on October 29, 2020, 01:56:21 PM None of us can make accurate predictions about cryptocurrency but we can certainly guess. We have to use our own intellect to invest in cryptocurrency. If the market is down, it will be necessary to analyze whether it is right to invest in that situation. You have to take risks to do something in life whether it is profit or loss.
Title: Re: I believe this is the way Post by: nykka on October 29, 2020, 02:02:36 PM It`s quite interesting suggestion, but I suppose some people just don`t have time to learn about trading and market cycles. Holding is a nicest one way for less experienced people who can just analyze project and buy its tokens because they see long-term perspective in the coin. They can lose more money than they could earn just holding, while they will try half-passive trading style with less attention and knowledge. Suggestion is good, but I only mean that it`s good not for everyone
Title: Re: I believe this is the way Post by: articlecity on October 29, 2020, 02:26:28 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about This strategy only works in ranging market and even in a ranging market you do not know for how long it will range and it can break up or down resulting in trader getting trapped, so everything is complex and risky while trading.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: coinswebid on October 29, 2020, 02:30:56 PM None of us can make accurate predictions about cryptocurrency but we can certainly guess. We have to use our own intellect to invest in cryptocurrency. If the market is down, it will be necessary to analyze whether it is right to invest in that situation. You have to take risks to do something in life whether it is profit or loss. indeed, people must ready for the risk of investment,, thats why people should know how to manage the risk, because we can ignore the risk i believe if we can manage the risk, we will stay safe when we invest in cryptocurrency Title: Re: I believe this is the way Post by: Shasha80 on October 29, 2020, 02:33:28 PM The best way to make profit in the crypto world is to control ourselves so we are not greedy. So when there is an opportunity
to take profit, do it immediately, never delay it because you want to get a much bigger profit. Because there is no certainty that the crypto price will continue to rise, if the crypto pump after that it must be a dump. So don't waste the opportunity if the price of the coins we buy goes up, it must be sold immediately, the important thing is we can make a profit. Title: Re: I believe this is the way Post by: owengtam09 on October 29, 2020, 03:02:41 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about This technique already knows by everyone, and it is just easy to say it that way, we all know that bitcoin is volatile, and the price is not predictable, it is really unpredictable and no one knows when it will go down again or it would become up more. What if you buy now and then tomorrow it makes you profited 2X then you withdraw. Then another day, it goes 3X if you didn't withdraw it earlier. So, no one knows how this cryptocurrency value will be, and no one knows who can predict that and that's the truth. It will only depend if you are a Nostradamus. LOL.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: Alert31 on October 29, 2020, 03:21:17 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Hello! Not all want to be rich, every person has it's on goal in life not just to become rich. Not all people here aiming to become rich instead they want to earn even a little to sustain the needs of their family specially for their daily essential needs. Buy and sell during pump and dump will not guaranty that you will earn too much because it all depends on what coin you are going to buy and sell in the market. Remember everything in crypto space is always includes high risk. Title: Re: I believe this is the way Post by: 1l1l11ll1l on October 29, 2020, 04:05:52 PM snip- Hello! Not all want to be rich, every person has it's on goal in life not just to become rich. Not all people here aiming to become rich instead they want to earn even a little to sustain the needs of their family specially for their daily essential needs. Buy and sell during pump and dump will not guaranty that you will earn too much because it all depends on what coin you are going to buy and sell in the market. Remember everything in crypto space is always includes high risk. Title: Re: I believe this is the way Post by: btcdie on October 29, 2020, 04:47:16 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Everyone's trading or investment management is different, and tends to have their own strategies. It's not as easy as you say, to do that requires careful analysis and research. By buying and selling when the price is 2x, I think it's a good option to minimize risk. because sometimes our emotions are formed for greed which makes losing trades. But for an investor it is not suitable, because the project is promising for the long term, the return on investment will be many times and the profit is maximized.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: irixo10 on October 29, 2020, 05:55:45 PM You are right but to achieve this, one need to be less greedy. Some people believes that when they hold a token that they can have an imaginary price tagged to it, that is, maybe they have seen what the team are working on and thus have the mindset that, it will pump to a certain price before they will sell. But they tend to forget that the crypto space is unpredictable, hence I agree with you, taking profit at as when due is the right way. Also, there are coins one can hold, and by looking at the partnership of the project as well as the team's vision, you can hold and wait for the next exchange it will list on and then sell off. However, everything comes down to taking profit at the right time.
Title: Re: I believe this is the way Post by: jacafbiz on October 29, 2020, 06:05:44 PM There are some people that have lost huge money in this space and some have made life changing money. It depends on you what strategy you want to employ and know this for certain that what works in the last bull run won't work now. My advice to you is not to get emotional attached to any project, including Bitcoin.
Title: Re: I believe this is the way Post by: proTECH77 on October 29, 2020, 06:29:26 PM Many think holding coins long is the way to earn good profit. There are many risk involved of holding coin long waiting for the to change for your desire before you can supply to market.
Many has lost their opportunity just because the market will still increase not know that the market is about to turn bad. Many investors that hold their altcoin long always cry out that they have lose their opportunity . Those that hold their coins over two months now, are experiencing good profit which is still giving others to start holding their coin long before release it to market when the price change positively. I think holding coins long is a big risk but try to make sure all private details are secure. Title: Re: I believe this is the way Post by: adzino on October 29, 2020, 07:24:06 PM -snip- Lol, this is so easy to say. If this was really easy, you should be rich by now. Are you rich? There are flaws over here. Let us say you invested in a coin and then the price drops, never to reach the point of price when you first invested. You won't be making the profit. This is what happens.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Your case is true if you are willing to hold it for long term profit. But you will have to way for years to reach your goal and then wait again for the price to drop. Title: Re: I believe this is the way Post by: Lite_bro on October 29, 2020, 07:24:32 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios. This is the reason why people continue to invest even in spite of losses. They hope to make profitable investments and to earn more money. Now many projects us PoS algorithm and offer to earn money on staking for token holders. To earn more it is necessary to learn more. This is an article about staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc That's right, to make money in this area, you need to constantly follow the news and study the projects in which you are going to invest. Only stupid people invest and I don't know what this or that project is. And the staking system will certainly attract people, as this is passive earnings. Title: Re: I believe this is the way Post by: Golftech on October 29, 2020, 08:17:08 PM There are some people that have lost huge money in this space and some have made life changing money. It depends on you what strategy you want to employ and know this for certain that what works in the last bull run won't work now. My advice to you is not to get emotional attached to any project, including Bitcoin. You need to adjust there are lots of opportunities, lots of projects to choose but very important to keep your guard by researching first before jumping to anything, you can stick with your plan if you feel that things will be the same as long as you do your deeper research and you really follow the project that you are investing with. Title: Re: I believe this is the way Post by: VIP BTC on October 29, 2020, 08:36:40 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Trading is not an easy thing. It's not like you said, buying when prices are low, and selling when prices are rising. There are times when we buy at a high price, but sell at a low price. For example, DeFi tokens (YFI) once hit the price of 4 BTC / YFI, and the current price is slightly higher than BTC. What if someone buys at a high price? Do they wait until the YFI price returns to 4 BTC / YFI? If so, how many years will we have to wait? Title: Re: I believe this is the way Post by: Krislaw on October 29, 2020, 08:50:30 PM It takes a lot of analysis to be able to make profit in the crypto space. Newly listed coins on big exchanges performs poorly most of the time. Coins keep dipping when you think you've bought the dip. Fake pump and all. Exchange manipulation.
If it was this easy, we would all be rich by now. Title: Re: I believe this is the way Post by: whiteblue on October 29, 2020, 09:17:34 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about All the regrets in the crypto world because of greed surrounds your mind, Yes I have felt this several times in trading because I already had a little profit but because of my greed, I suffered losses when trading because of the desire to get big profits.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: Dragonfund on October 29, 2020, 10:00:19 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years. Its not all planned event that comes to pass, some planned ones worked out amazingly beyond our limit and expectations. Since cryptocurrency isn't tightly regulated, expect anything in this space. We can only hope and keep planning on investing because those who failed to plan, plan to fail. Quote Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Personally, whenever I buy coin, I go for top 50 ones because when market goes south, it will always bounce back when bitcoin and others recover. Experience has thought me patience, loyalty and big profit and little loss on projects. PS: Don't invest on hype projects, we have seen many of them in disguised as DeFi projects with zero level of inexperienced team and real use-case used. Title: Re: I believe this is the way Post by: tabas on October 29, 2020, 10:03:07 PM No one is going to hold until his/her death. We all are aiming for profits as we hold. But, we don't have the same timeframe until when we're going to hold. Some are okay with 2x profit and others have a timeframe of 1-2 years and the rest more than that until they see the exceeded price that has been in the talks and speculations of most crypto investors. We're all bound to sell anyway regardless of the price that we're aiming for. Just don't be a panic seller at loss.
Title: Re: I believe this is the way Post by: NavI_027 on October 29, 2020, 10:13:52 PM Dude you are not alone in this one. I'm pretty sure that most of us here are thinking the same way unless such person is already contented in simple and less riskier means of earning.
Hodling can give you profit for now but Trading can do it forever ;). So don't hesitate to deal with risks in exchange of greater rewards. Step outside your comfort zone. Yeah you might fall hard but shrug it off because everything will become sweeter if you stand up again. Title: Re: I believe this is the way Post by: Princeofpoetry on October 29, 2020, 11:03:56 PM Quote Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle it is easy to say but difficult to do. we need analysis and the right timing to sell and buy. the key is patience and not rushing into decisions to avoid lossesTitle: Re: I believe this is the way Post by: adekogbe on October 29, 2020, 11:04:33 PM You have a point and i believe that most newbies also thought it was that easy when they joined the crypto space, but believe me, it is not.
cryptocurrencies are extremely volatile and more often than not, a coin will likely not make 2x after you buy if you have to learn the skills of trading to truly benefit from this type of market that way, you can analyze projects both from the fundamental analysis and what the chart says in the technical analysis also you can leverage your positions in order to gain more profit from your winning trades. Title: Re: I believe this is the way Post by: fadhilz123 on October 29, 2020, 11:19:53 PM What if, you buy the @$1 then you sell it @$2 then the price keeps increasing to @$5 then stable for a month between $4-$5 because stable for a month now you decide to buy it @$4 because you think the price will hit $5 again even more, but after you buy it the price is dumped to $0,5
This is only a simple example, the point is crypto is unpredictable, you can make such a plan but it's hard for it to happen, because if easy we would see so many rich people in the crypto world. Title: Re: I believe this is the way Post by: asepsetiawan1990 on October 30, 2020, 02:20:34 AM The motive for joining the crypto world varies from person to person, but I agree that money is behind all of this, not just looking for information or the like. But until now what I have experienced is uncertainty. Here is the challenge.
Title: Re: I believe this is the way Post by: Kelvinid on October 30, 2020, 03:13:39 AM Crypto space might give us what we aim for (getting rich). However, it never works that smoothly, faster as we think about it before. We have been brag by those beliefs but I don't feel and think about regrets coz in reality, that all impossible to work in a very short period of time. If we are closing the possibilities that we can make money from here, getting rich someday, we are just making ourselves far away.
Positive mindest = positive result Not all of us have been that kind of thing and a reason why they are quitting, bored about waiting for the market to pump, a losing end comes next to them. Title: Re: I believe this is the way Post by: michellee on October 30, 2020, 05:49:25 AM The motive for joining the crypto world varies from person to person, but I agree that money is behind all of this, not just looking for information or the like. But until now what I have experienced is uncertainty. Here is the challenge. Indeed. The motive is making money from crypto because they see many people are making much money from crypto. But if they don't learn about crypto and don't have a plan about what they need to do, they will not make money like others. Yes, that is a challenge for them because they need to compete with other people who do the same as them. And if they can improve their skills in what they do in crypto, that will make them make more money. But they need to remember that they need to manage their emotion because the crypto is always volatile.Title: Re: I believe this is the way Post by: Geleve on October 30, 2020, 06:12:45 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Yeah good idea. But what about when we buy a coin and it never goes up? :D It is still not bull season so all alts are falling like crazy. So i dont think there is a working way to make profit from alts nowadays. Title: Re: I believe this is the way Post by: petyang12 on October 30, 2020, 06:40:15 AM If you think that is the way to earn profit then I think it may work as long as you have patience not to sell or buy right away and you also have patience to check the price of crypto you like from time to time.
Title: Re: I believe this is the way Post by: NewRanger on October 30, 2020, 09:43:01 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about so easy to said, but when we face the fact maybe we will regret invest in crypto market . gain profit in market was really difficult if we have skill in trading, many traders lost their money in their first investment. moreover if we see extrem pump and dump it will make us panic and cut loss our position. but if really struggling in crypto market can not be denied this is the best way to make us rich in near time. Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Title: Re: I believe this is the way Post by: Saisher on October 30, 2020, 10:35:06 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it That's one way and probably the best way to make money from holding coins, but not everyone can follow the price of the coins they are hodling, and people do not want to trade continuously they are more comfortable hodling their coins and just sell it one-time big time when they hit the price that they want to sell their coin, it could be 5 times or ten times of the profit. Title: Re: I believe this is the way Post by: trauchot on October 30, 2020, 10:53:24 AM This should be done especially with top cryptocurrencies, because top cryptocurrencies are constantly growing in price or falling in price, and when the price of top cryptocurrencies falls, you need to urgently invest in them, and when the price of top cryptocurrencies grows very much, you need to fix the profit and this whole process must be repeated many times.
Title: Re: I believe this is the way Post by: tvplus006 on October 30, 2020, 11:26:09 AM We can still be successful even holding, as long as you are not greedy you will find the best way to sell your holding. It could be a cycle, where we will see a pump and dump, but we always see at pump. Here's a simple example to prove that holding is an effective investment strategy. Bitcoin before was price $100, if you buy and hold it until now, you can still sell it with a profit because bitcoin never goes back to that price again. The problem is if we limit the price appreciation of bitcoin, that's where you think it will just move at a certain level only. Holding is not a good solution for all coins. You can only hold the coins that are in the top and time-tested. Most of the coins after the pump, fell in price and never rose to the previous values. This is the reason why investors choose bitcoin for the long term, which is more stable among other altcoins. Title: Re: I believe this is the way Post by: judeafante on October 30, 2020, 11:44:29 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it I'm actually doing this I sold coin when it hit the amount that I mark to buy, and bought it again when it the price that I mark to buy it and it's really profitable but you can only do this to coins that are performing well or above expectation in the market. There is a risk if you are going to do this to pump and dump coins. Title: Re: I believe this is the way Post by: odukoyaewatomi27 on October 30, 2020, 11:13:40 PM We can be very sucessful while holding, as long as you are not greedy, you will locate the most ideal approach to sell your holding.
It could be, where we will see a pump and dump, yet we generally observe at pump. Here's a straightforward guide to demonstrate that holding is a compelling investment plan. Bitcoin before was price $100, in the event that you purchase and hold it up to this point, you can at present sell it with a benefit in light of the fact that bitcoin never returns to that price again. The issue is in the event that we limit the price energy about bitcoin, that is the place where you figure it will simply move at a specific level as it were. Title: Re: I believe this is the way Post by: Wingo on October 31, 2020, 01:35:48 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it Trading in crypto, the same with stocks is not a buy and hold scheme, whenever you trade, there must be a target price for you to secure profits. We as humans are affected by emotion, and the crypto market is motivated mostly by great emotion in line with the wider price volatility. You'll only lose if you don't try to learn how the market works and how to make yourself adaptive to the changes in the market environment. Title: Re: I believe this is the way Post by: Wulan_maniez on October 31, 2020, 02:48:48 AM Doing both ways, as you say, buy when the price drops and sell when the price 2x goes up. This applies to Bitcoin, but not to all coins.
Maybe just a few coins of choice, like ethereum or xrp. Maybe this coin can still be expected. What I’m afraid of is buying a coin that’s already deep and can’t go up anymore, because it’s been abandoned by the developer. Don’t let that happen. Title: Re: I believe this is the way Post by: Boov on October 31, 2020, 06:21:29 AM Doing both ways, as you say, buy when the price drops and sell when the price 2x goes up. This applies to Bitcoin, but not to all coins. Maybe just a few coins of choice, like ethereum or xrp. Maybe this coin can still be expected. What I’m afraid of is buying a coin that’s already deep and can’t go up anymore, because it’s been abandoned by the developer. Don’t let that happen. Huge price dropped and almost 2x of price hike if market is in bullish were only be seen or appreciated when it is bitcoin, ethereum and XRP. But if we were going to look it for some altcoins we can't clearly recognized the movement of its price. Some of them were having a value which is .000 values which even having a $1 value were hard to reach. As we have seen, altcoins market value were too far from bitcoin value. Title: Re: I believe this is the way Post by: bits4books on October 31, 2020, 06:56:41 AM I think it will sound rude but - if you want to earn money, then go to work and develop yourself as a specialist. Why do you need cryptocurrency for this? You understand that people like you continue to kill not only the community turning it into a bunch of speculators and traders but also kill the tool itself? These people are talking out of experience, how many crypto projects are into real use case today? They are just there for nothing, even payment projects, no single person is using them for the real reasons they are built for, instead they lose value in the process, for a technology to survive you expect me to lose all my money? Mate it's always about the money, minus bitcoin and ethereum it's always about the moneyWhat difference does it make to you - get dollars right away or spend them first to buy something else and then sell for a higher price? You might as well be reselling ordinary items. You can answer normally - why do you need cryptocurrency? If you think that this is just a tool for making money then you do not need it because you will kill it. You don't even want to see the potential inherent in this technology - you only care how many fiat you can raise on the purchase and sale. Again , you don't need cryptocurrency, go trade vegetables. Does this not mean that at this historical period, blockchain and cryptocurrencies are not as necessary as everyone wants to think? Listening to each user-you hear about the fact that "this is the future, here's another 1-2 years and BTC will become the reserve currency of the world" and other interesting things. But what if what we see now and how these technologies are being used is really another attempt to squeeze money out of the vacuum? And that the present application will only be in the future. Is it necessary to lower the reputation of the blockchain by an army of speculators? Do I need to constantly create new useless and meaningless crypto projects and exchanges to further encourage the printing of Fiat money? After all, the main question here is whether technology will die just because a bunch of people want to squeeze water out of a stone? Title: Re: I believe this is the way Post by: doctor877 on October 31, 2020, 07:55:32 AM Every trading strategy is unique and different. What if you buy lower and then it keeps going down.! What if you sell at x2 and then it keeps going up while you are waiting for it to come down to buy again. Sometimes it doesn't go like that. Just do what works for you. If holding a coin for x10 works for you then do it. If taking little profit work for you then do it. But don't hesitate to take interval profits. Your patience is what wi be tested when it doesn't go your way. You just need to be specific and don't jump around buying all coins.
Title: Re: I believe this is the way Post by: vlast01 on October 31, 2020, 10:25:13 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about Well the process that you have been mention are already been done by many and may fall under Trading Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it and you may call it the Buy and Sell. These process can be also classified into two long term and short term. For long term the trader will hold on to a token/altcoins or any other cryptocurrencies specially bitcoin and etherium for an extended period of time. And for the short term trading may last within few minutes to several days. Title: Re: I believe this is the way Post by: ttcsalam on October 31, 2020, 01:01:07 PM I agree with you.I hope you can expect something better if you trade in this way.I think it is possible to make a profit by trading on the news that Can Trade News has a lot of updated news.
Title: Re: I believe this is the way Post by: lixer on October 31, 2020, 02:45:42 PM You do not hold coins for years because you want to get rich overnight, you do not even hold them because you want to suddenly be so rich that you can retire right away and live life without ever worrying about money.
You hold those coins for a long amount of years because you believe it will compete against the inflation and win, and hopefully win with a big margin. That way you will still have money, you will have enough to buy the same things you can buy today and maybe some more on top of that. Not every person is after that million dollars, some of us just do not like watching our money become zero, I have some money saved up aside and every month I see it lose value, sure the number looks similar even a bit up but it is not buying the same thing it could have last year. Title: Re: I believe this is the way Post by: Balladtony77 on October 31, 2020, 03:51:58 PM I like buying when price is down and wait for some recovery to sell back, repeating this process can earn you neat profits but it's not a instant something, can take days for your sell order to process and make sure you are using a very good altcoin or better stick with bitcoin instead
Title: Re: I believe this is the way Post by: sgenuine on October 31, 2020, 04:14:40 PM Bear market opens door to buying season and bull market opens door to selling and taking profit season, the problem is many don't know when to go in and when to get out, both ups and downs in crypto space has their advantages and mind you make sure the coin you holding have the habit of recovery, my perfect guess is NEO. NEO still resembles me a crypto hype coin. Simply there are too many Asian guys dealing with cryptocurrencies. When thousands of them call NEO “Chinese Ethereum”, the rest people start to believe them and rush making investment in this altcoin. Title: Re: I believe this is the way Post by: TopT3ns on October 31, 2020, 04:52:23 PM Bear market opens door to buying season and bull market opens door to selling and taking profit season, the problem is many don't know when to go in and when to get out, both ups and downs in crypto space has their advantages and mind you make sure the coin you holding have the habit of recovery, my perfect guess is NEO. NEO still resembles me a crypto hype coin. Simply there are too many Asian guys dealing with cryptocurrencies. When thousands of them call NEO “Chinese Ethereum”, the rest people start to believe them and rush making investment in this altcoin. Title: Re: I believe this is the way Post by: Dr.Osh on October 31, 2020, 04:57:25 PM we all believe that is the way. it's easy enough to say that buying and holding it, when the price doubles, we sell it, and then wait for the dump, and buy it back. However, can you wait for it? so much negative news out there. especially in case of panic sell. I am not so sure that you will rest easy with your chosen coin if you are not used to this. after all, it was the right way, only easier said than done.
Title: Re: I believe this is the way Post by: hulla on October 31, 2020, 09:15:56 PM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about It will come past though but it all depend on the coin the investor is actually holding. Lets use Bitcoin as an example if you can buy and hold till the total 21 million coins are mine the price of a single Bitcoin in the market could be $120K or more.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps All experienced cryptocurrency holders do that with their investment but still decide to cold storage some coins which were meant for the future purpose.Title: Re: I believe this is the way Post by: budi691 on November 01, 2020, 05:15:23 AM If you look at the profit, not everyone is satisfied when they get double the profit, they always think that they are still lacking, and in the end when the price drops again the profit is lost, so there needs to be self-control, not involving emotions in every decision, because it's not that easy. get a profit, especially if it's been a long time waiting to hold the coin
Title: Re: I believe this is the way Post by: Rowenta on November 01, 2020, 06:59:38 AM Everyone has the right to do whatever they want with their tokens and coins, we don't have to make anyone see reasons, crypto space is full of experience and mistakes, people will adjust when they realize how much they've lose, what works for me is taking profit, I've wasted years holding and holding
Title: Re: I believe this is the way Post by: sedov1966 on November 01, 2020, 07:05:38 AM We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about The only difference between richer person and poorer one - latter one will fomo sell on the dip, the first one will proceed to hold onto assets he/she chose until its grown enough to sell.Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out. Think about it And the only way to be The richer one to make sure you won't have to sell anything of your investments to keep up your daily spends. |