Bitcoin Forum

Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.

I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks

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

You have a point here but sometimes when you sell off, that's when the price spikes. For instance, a friend of mine sold off his Apollo coin on IDAX before it did almost 500%, now he is lamenting bitterly. So in my own opinion, those coins you think have great potential, do not sell off everything, hold some for future purpose. Don't hold blindly, hold when you've done proper research and find the project worthy. 

Holding a coin is not the real deal but holding the right coin is you probably held the wrong coin and your situation might to correspond with another.
Holding for long term doesn't mean few months but sometimes years to see how the prices leaps up

I think you have a point there, but only if you can get a decent equivalent in BTC for them. If not, I would rather wait for the bull run than sell my alts for peanuts. I know that some of them may die during the waiting period, but the other alts that survive the bear market, may be worth something after all.  

We should always learn to anything and mistakes is one the best source of learnings. There was no bull market in 2018, but it doesn’t mean the market wont go up again, its just a matter of time before it pumps again. Stop on thinking negatively, if its a good coin just keep on holding but if its not just move on and start over again.

It is called greediness you already had enough but you still want more and more, you are not the only one, every one, there was a time I also want  more profits during the last long big bull run, I kept waiting for the repeat until I found out that it will not come and losing my investment.

We have to learn when will we sell our coins or hold it. Sometimes HODL brings profit, sometimes trade. Timing is very important. So it matter of know when will you move.

The same mistake I had. I probably lost around $4000 for not selling many of the tokens I had from airdrops and bounties. It was a greedy decision to hold on my part.

When heavy duty bear markets take place, investing and profit take a back seat to accumulating and holding.  With the massive surveillance taking place, they can judge the amount of sentiment for the crypto markets.  They use this information to create maximum damage to people's portfolios and attempt to drive people away from cryptocurrencies.

The crypto markets are completely artificial and all the major moves up or down are tightly controlled by the fiat masters.  And nowadays, the liquidity is so low investing money into projects are almost a guaranteed way to lose money.  For every dollar put into crypto there are maybe 10 others waiting to sell low and take that dollar off the table.

This extreme focus on investing and profits is baffling.  People are not reading this correctly.  Those that are are accumulating and holding for the rainy day that is coming.  I suggest you do the same.  When the markets for fiat begin to take their nose dives, it will be impossible to do anything with your dollars as every other person alive is attempting to do something radical with their's too.  When the system locks up, you will want to be in the safety of your home grateful that you had the foresight to get some cryptocurrencies before the big credit crunch

You all say it right. In most cases, waiting brings losses. If you feel that you need to sell coins, then you do not need to think. It is better to have at least some profit than to stay with a bunch of useless coins in your wallet.

Timing the market is really good but its not easy so you have to practice until it becomes your passion. For me holding shitcoins is not good in long term because it will just pump on its early stage and die later after a big fall. Target price is the best to secure the profit and have some money to reinvest with other coins.

One lesson to learn in the market is not to expect much. If you have about 100k tokens where the price is worth 2 cents, never wait for the price to go up because someone else will take that profit from you. This is just one of the mistake I didn't until the bear market was over. I kept thinking of it still.

In this case, just think the opposite. Assume, you have sold all of your coins and market increased by 50% more. Will not yoy regret again? In my opinion, it is not a mistake. You have invested your money and you have lost some of its value. Try recovering through trading. You should not regret for your mistakes in crypto.

Portfolio of altcoins should not exceed 50% imo. You should always have at minimum 50% of your crypto portfolio in bitcoin.

There are many newer projects that are actually going to do something with blockchain tech that hasn't been done and will help build the infrastructure for the entire ecosystem. You just need to pick them up wisely.

I am also learning a lesson like you. Holding many Altcoins from Airdrop and Bounty, beside that I also invested in some ICO but all of them decline seriously and nearly I lost everything. The needed work now is to turn this lesson into power to continue

It would never be a mistake to hold your coins for a long period of time since if you are a long term investor, but I guess you shouldn't really rely on other shitcoins since they only get pumped for a short time and will be useless in the future.

Waiting for a bull run is not necessarily a mistake. The mistake was too much greed. When the bull run is already there but we still not consider it as the "bull run" we've been waiting instead, we wait for more price rise, then that's greed. Everyone from 2017 to 2018 has learned on this experience.

You should act not just waiting for the bull run to come I guess, if you really have the passion to increase your profit, you can do something about it here in crypto, join trading platforms and work on homebased jobs.

Bull run is everyone dreams . People choice if they are going to hold their coins because that is their own coin because that is their money and only business here is to give suggestions and opinions about crypto. Holdinh is good and it will cause bull run which is everyone are excited to see that because they really have to gain more money for their future.

My case is like you, I didn't sell my coin and wait for the bull market and now I have to become a holder even though I don't really want to be, hoping the bull market will soon come

fud is an important thing to avoid when we use a coin. for example we are hodl etherum for the long term and then a news appears that vitalik butterin will come out and then etherum will be destroyed, then we sell etherum even though the price is still low and cut loss. this is not true and should be avoided, whatever is called fud is an attempt to make a big dump, so keep the hodl waiting for the pump.

But it will be much better for us to release some of out portfolios and then try to get more profit from the marke. The bull market can't be predicted and that means there was no estimation about when that will come to recover the price of crypto.

It seems to me that we still need to understand that there is a time when it is better to sell, and there is a time when you need to buy, that is, you need to constantly rotate the cryptocurrency and do it all the time, so to speak now about what I have done is not so late.

I was in the same situation as you. In the end of 2017, when there was a big rise in prices on the cryptocurrency market, I had high expectations, and I kept my coins, in the hope that their price would continue to grow, but the situation only worsened and their price decreased. Now I have sold some of them, significantly lower than the price that was, the rest I hold. Therefore, I also learned a lesson that gave me a bear market.

Many people have different opinion about holding coin. While some are holding just to make quick profit some are really investing in a project that has potential of being big in the future. A lot have been said about bull run and if you are one of those waiting for bull run, you will have to wait forever. Investing in crypto is not do or die affair. Do not invest because you want to make quick profit all else you we be disappointed. Always invest for a long time gain. Even as many project have lost their value more than 1000%, you should not be surprise some of them will not even rise well if bull runs start

At the time when my friends were holding tokens I sold these tokens and now I regret only that I did not sell everything. It is worth noting that some coins did a large percentage after the bounty and just such coins I keep.

Practice shows that in a bear market it is best to sell the received coins on time.
Unfortunately, most of the coins of new projects will fall in price several times before the next bullish run, and probably will never recover.

That is the hardest part when you are holding a newly listed ICO project because you'll never know when it is pumped again. It is being normal that after listed in exchange it will dump because of the hunters will sell their shares. Good thing if the owner of that project having a buyback, you will know which better you think that profitable to hold. Be smart and do research if you are holding the coin and stick into their community group to know the progress and the latest update.

This is not only your own experience but also mine and many people. In a gloomy market today, it is better to sell when you feel the price is acceptable. It is different from holding coins and waiting in the bull run market.

I do not think that it was a failure. I am making the same. I have participated in a lot of bounty programmes and I am still holding 70 percent of all my earnings, because it does not make any sense to sell you hard earned tokens below the token sale price. Keep holding.

Mistake is letting you lose your investment in a lower price or basically lose it since you sell it in a very cheap price in compared to the initial price you buy it at the first place in joining the cryptocurrency space.

I made the same mistake in 2018 with projects like DRGN and AIX, but I think I learned my lesson the hard way.
A month or two ago I decided to sell all those losers and never look back at. Then I decided to focus my time, energy and money on new projects, doing more due diligence.

I don't agree with you. As for me, I have enough spare time so I can easily participate in bounties. And I'm ready to wait a few years before I'll earn really huge money from bounty.

Thats what im doing aswell :) Just trying to accumulate as many as i can from alot of projects . Hopefully i will hit one that will be in top10 coinmarketcap . I can wait few years and see where it goes

to work on decision as investors to collects of return as expending use of spares on possession with the resource and funds on exchange and manage to lasts as the terms of plan with the business on crypto finance.

Taking the profit is important as holding your altcoins during the bearish market is very risky, especially if you hold non established one.  Their value could go down near to zero.

It is your choice on when you will sell your tokens/coins. There are those people that experienced the same as yours but there are those also that gain more profit though holding. Bottom line here is that you should monitor the price movement on the market and monitor also the development of the project because that is what will drive the price on the market in my opinion. 

I am in the same condition as you. I got and bought a few tokens and waited to raise prices. But everything goes against my hope. In 2018 was a bad year for crypto. It has made the holders lose too much money and hope.

we have to know the market conditions before deciding to sell coins, in 2018 there was a different bearish situation in 2017 which experienced bullish, so it doesn't need to be regrettable because this is part of an experience that will lead to future success.

Most hunter (probably) had the same problem as yours. Personally, I did the same thing but I only choose an altcoin or coin that is worth holding like INS which will have a great year thid year. But for now whenever I receive bounties I would probably sell it right away then use it for trading purposes.

There is no problem in holding your tokens even if the bull run never occur , there is a big possiblity for a bull run but not this time , it takes time again for the bull run to happen. I also made a mistake just like your experience and the tokens i have still i hold and waiting for their value to goes high to gain enough profits from my holdings.

Wrong.
It is not a mistake to keep it. It is just a bear market and it went too deep.
If the bounty you supported is really successful then they are jusy dragged by it.
Although, they must have their own value. Problem is, they are all leaning with bitcoin and ethereum if ERC20.

You could still wait if you have the patience.

Indeed there is no one when the bull run will happen, that is why beside holding my coins until the bull run, i done some trading to fill that space so there will always available flow of profit even if its just a little, that could be enough to at least filling that waiting period.

i did encounter many things since i started doing bounties and different campaign of many coins, yes i did hold my coins for a good profit but thats the bad decisions since my greediness attack me wanting to get more and more profit, and ended up not selling coins during that ath, and now i am still holding my coins until now lucky me that the coin i am holding is still survive during this long bear market.

i am waiting for the market to recover and hope to get good profit in the future   

That's why we need to set stop loss and take profit area before enter the market, we can use it as limit. After reach we should cut loss any transactions, we call it disciplines not hold it for more time. Faith is not enough to support our dream about profit but calculation with money management really needed to safe our asset. I know about your experience but I don't know why sometimes I break it, lost asset yes.

Maybe you play all in. I suggest you share some of your assets, maybe you can use half assets for the long term, and the rest for daily trading. For the year this is not the time for holders but for traders.

use our bounties reward as trading instrument could give us more profit than just holding it.holding withoug doing anything only make our assets value decrease alot.personally if i receive bounty reward i will switch it into top 20 coins in coinsmarketcap so i could earn more profit later.

Sell if it's the right time, don't wait for too long and don't expect that price will skyrocket overnight.

Well i think its a good information for me because i do the same thing just like you did. We never know the market will raise again. I usually sell tokens that i got from bounties. But if the project have potential in the future i will hold it for a while.

Your advice is correct!
but there are also many coin-coins that have great potential for pumps
no one can see whether the coin will pump / dump
so my suggestion is to sell 70% and the rest to be held

Right, if the project is a good and have potential with active dev team, I think it is a wise decision to hold on fot the bullrun because good project will give good return at the end of the day.

we have more than 2000 coins in cryptocurrency market.if our coins didnt give us profit why we shoul hold it.switch and pick one of them to earn profits.

hello, i wish you find this message well. This is not the time to give up ! we are already got fucked up by the market because we are new. What we can do now is study what we could've done better in this market. Study market cycles that will help you understand what we are in right now. For me personally if you wanna know what i will do, i will not sell till the bull run occurs because i treat that all of the money that i made on bounties are gone if my target will not be hit. Understand that this is a very risky market with a very high percentage of profits. Your money 100k$ can turn no nothing and your 1$ can turn to 100k$ .. That is the reality here.

If me i only wait at least ICO price to sell my bounty tokens. But, sometime we not see it happen especially for lately. Because i just know investor not really care about project and as long they get profit, they will sell their assets and change to new project.

I must say you are wrong. You don’t seem to understand the true essence of other legit token project you sell. Well if you just got them from bounties and at least you get a profit from it then its better already. But for others you invest and believe with you must wait at least for their promised and scheduled roadmap.

For me, I will sell to get profit but don't sell all of them. I will research to hold some coins/ tokens for long term to get more profit. I have seen some my friends who get rich by holding.

I'm just glad that I recalibrated last Q2 of 2018, sold almost all my crypto and moved to stable coins to protect value.
Hodling only works in a bull market. Now I can buy much more of what I sold  ;D

Never stop monitoring the coin because you don't know when a new pump may yet occur. Sometimes, a very dormant coin may give you a pump of over about 200+% that you never expected.

Mostly is not about the bull run I just will much prefer to keep any potential coin and discard the rest that will definitely help Even when those coins you are holding goes down the line you have atleast some kind of assurance that they will pickup when they are back But coin without better potentials are just better to sell-off than Holding Just determine how to Hodl and what to hodl

Thanks very much hahay I think I will do just that.
What I do now is following the projects, knowing their individual progresses and put all my altcoins on watchlist on CMC. What do you think about that?

We are all looking for the right time to buy and sell our coins and tokens. This is practically our work with cryptocurrency. However, each type of cryptocurrency has its own characteristics and therefore there can not be universal tips. For example, I am sure in many tokens that they will continue to grow in price and therefore, for the time being, I am going to keep them, and there it will be visible. In the future, I will act in accordance with the general state of the cryptocurrency market. The time for the profitable sale of our coins and tokens has passed, now for a long time to sell them makes no sense.

You are right but aiming for profit can make you sell off good projects that can later spike up in price ,see what Apollo as become ,I earned few Apollo from airdrop and im glad I don't sell

I think it is not a mistake if you continue holding your crypto assets during bearish market simply because it was part of the process as we all knew from the very start that this investment is very risky as the price is really unpredictable beside what is the point of selling it low if there is a chance that it will bounce back? Except if you are holding crap Altcoins then that will be really a big mistake as for sure you will lose investments.

Sell off only those project that are not promising orelse you will regret your decision later on because the ones you sell might bring you huge fortune ,keep the good ones

There is no point to hodl except you are so sure about the project, to me the best thing to do after receiving a reward for participating in bounty campaign is to exchange for better coin and make your profit out if it immediately, then you can later invest in it if you find out that is doing well in the market.I will never advice anyone to hodl a coin after receiving rewards for campaign.

There are Two major things that a holder should keep an eye on the:
1. The analysis of the coins that he/she is holding.
2. The news of the wallets in which he/she is holding coins.

Few of the best multi-cryptocurrency wallet are:
1. Ledger Nano S
2. Ledger Blue
3. KeepKey
4. Jaxx
5. Trezor

I use Trezor as I am use to it but, read and decide which is good for you.
To read about top wallets in detail: https://coinswitch.co/news/top-10-multi-cryptocurrency-wallets-2019

I also think like you that from 2018 if we decide to hold ICO coins until now it is an inappropriate decision because we don't get profit but instead lose because it is increasingly worthless. I myself, if I get ICO coins, of course, I will sell immediately when the value looks better because if we hold back and expect more profits, it will be in vain.

This is not about all coins, there are coins that are best left even during a bear market!

And here many are at risk, only smart people always partially withdraw money when making a profit, and leave a smaller part for further trading, thereby minimizing losses. You need to competently trade.

I don't really agree with OP advice, its better to make big profit, the problem is how we analyse the situation, we need to be aware with the market situation and be smart about it, we should be able to speculate the price and predict the investment term

Many people made mistakes like you. We have to learn a lot from this bear market. Many of us have lost a lot of money thinking we can make more profit  :-\

Believe me, I also made the same mistake thus my portfolio dwindled and died and I am trying to start the process of slow accumulation all over again. If I had not made that mistake and had sold the tokens and coins I held last year in January before the big Altcoin crash, I could have bought a paid off house or apartment in the U.K or anywhere else for that matter. I regret that I did not sell back then and now probably would have also had a bigger portfolio and a property to boot. I made the stupid mistake of believing in all the Euphoria and FOMO and did not realize that all that time I was holding, the Whales were ready to pull the plug on us and kill our investments and crypto portfolios. I hoe if I ever get the chance to make money again in Crypto that I never make this mistake again.

As a bounty hunter,you sould be ready to accept whatever the outcome for you because ou are not investing money on those projects so just cashout the tokens when it gets listed no matter of how much it gets prices on the exchanges.

This is one example of the smart investor hahaha LOL. And I am sure that many others do the same thing as you and now, they can buy as much as they want. Unfortunately, I don't sell all of my coins and still, hold some coins in the wallet because my coins were not increase like the other coins. I still waiting for the time to that coins and I hope in this year, or at least, the next year, my coins can increase.

I don't know if what I did qualifies for recalibrating but I did do quite a lot of speculative trading in late 2017 and early 2018, and then stopped to wait. I ended up buying up more coins that I was already holding throughout last year, buying at what I thought were really bad dips. They got lower and lower, but to be honest I'm not too worried. I still sit at around 60% of my original entry points in 2017, but compared to 2016 when I first bought most of my major coins, I'm kind of at equal range.

Holding works for extremely long term view, at least I hope it does ;)

Yes need understand what big multiplies dont come in this market.
2x 3x its very good today.
You can wait bull run multiples when market early returns and go to the new ATH

* I once sold all the coins I got from the bounty but after 1 week experienced a fantastic price increase
* I also hold a coin when I experience a price increase but I keep holding it because I'm sure it will go up (I'm greedy) but after a few hours a dump occurs and I don't realize it
so from there I take lessons if there is an increase in prices and get a better profit selling without having to be greedy person

But maybe there are a lot of people who still hold their coins. And they regret like me  ;D. Not expect will be like this bad and now i don't have any choice to hold my coins. Maybe developers will update their project and make changes.

Maybe so, but it is difficult to predict which tokens will bring profit in the future, so it’s better to keep everything if you don’t have to spend it!

If you are happy with your profit, it is the right time to sell it. But the problem is many of us regret when we see the price pumping after we sell for a decent profit. There were once I bought a coin for $400, I sell the coin when the price go to $1700. But who know, the amount of coin is worth $150k during the Jan 2018 bull run.

I did the same mistake like you because iam too greedy, when uptrend we will never know when the peak price and the price will never keep going up, and that why we shoould be take profit although we can not make maximum profit. Lesson learned, never be greedy because crypto market is not all the times bulish and in others times will be change to long bearish. I promise with my self will never again greedy and hopefully bull market will coming again to recover my loss.

also i am a holder waiting for the bull market unfortunately there is the real risk that the altcoin still fall in value or are even be delisted (10mt and 10mti) then the council is fixate a personal value that can go well and sell

It is inevitable that altcoins might lost in value.

Some will survive but many will lost their entire value, this will happen when people will learn that few altcoins aren't worth holding anymore.

I agree with you, never be greedy and wait for more profit. If you received tokens for participation in the bounty/airdrop or for participation in the ICO, then try to fix your profit. If you still hope that coins can cost much more, it is better to leave 50%. Then you will not be so sorry if the coin will not grow for a long time.

But you forgot about the difference between selling in a loss and selling in a profit. Look, what you will receive by selling earned tokens from bounties/ICOs if the value of these tokens are close to zero?

We believe in bullrun as an event that will change the market and make us rich, but we forget about common sense. I also get coins from participating in bounty companies and airdrop, but try to sell some of the coins if their number is equivalent to a large amount in dollars. Of course, it is possible when the new bullrun starts their cost will be much higher, but this may not happen.

i think waiting for the bull run is indeed a mistake, because when there is a growth in price and it does not reach your profit margin, it is still a loss.
There is nothing like stop gap profit in crypto currency.

it is all about buying and selling, and mostly about buying low and selling high.
all for profits.(first)

It would only be considered a loss when you sell it lower than your buying price. In the case of your example, it is just a paper loss or an imaginary loss, nothing real.

We will get nothing for sure. Just try to sell when the price has already reached the peak or get any pump. it will always be a good point. We have seen so many people have made a lot of mistakes in this speculation market.

no you don't do it that way, you always have to wait for the bull run but in a special strategy, how ?

every altcoins has it height limit and profit margin, if you can fulfil that task and get priorities right, then it is spot on too. you sell at the extreme and buy back the limits in view of an bull run.

the mistake that often occurs in new traders is holding the altcoin too much, while the condition of the bitcoin price is falling, so when the price of bitcoin falls then the altcoin price will also be very cheap and certainly it will make you lose, so don't hold too many altcoins , it's better to hold bitcoin.

There is no loss until you do not sell and there is no gain until you do not take the profit. It is important not to be greedy and take the profit if it is in line with your goals. Sometimes we want everything and get nothing

Yes, of course, if you are satisfied with the price of the coins, then you must sell them otherwise it will not work

Firstly we should understand that psychology and emotion are most Important here. If You want to made a short profit (after investment), the must thing you do are sell all of them. but if you have a faith with that project, why you don't hold them?. for 2019 , I prefer my self to collect much coin as I can. waiting for bitcoin halving on 2020.

I think we should sell all coin from airdrop and bounty  when we got it because we did not invest in that. And If we buy from ICO, We should wait it moon to sell.

Have atleast a plan on how much you want to earn. Never expect that the prices will remain or the prices will keep growing.  You'll never really know what will happen to the market. 2018 gave a huge blow to investors and it showed how cruel the market can be.

we have to make a plan when we have to keep our altcoin with set target price and when we have to sell our coins.if we have no plan about it we just holding without doing anything and it could harmed us.

I think our situation is the same as yours, holding altcoins for long term and wait for more profit, unfortunately bear market in whole years and our portfolio assets is lower than before, it's a big mistake for me, so I'll set a selling target price and avoid the mistake appear again.

Mistake cannot be avoid due to some negligence and impatient treatment to market and sometimes due to undesirable unstoppable uncertainties occurs. Not forgetting the fact the market is real volatile that never be in stable condition. We should accept this fact and learn from our mistakes as long as possible. Holding is the key to wait bull run because we like to earn more beyond our loses.

That is agree able about the condition of the that happen right now, most of the coins were dropping their value.
But for everyone who keep on holding, that is OK if they are believe they will meet a good time in the future or they are ready if something even worst happen.

Yeah, I agree with you. Never wait for Bullrun of your coins/tokens, sell it when you can gain profit. There's no guarantee your coins/tokens can pump somedays.
I have same experience like you before so if a got my bounty payment I will try to sell my coins/tokens as fast as I can before dump if can gain decent profit from my bounty payment...

Yes i agree we must not depend on the predictions that bullrun will come at a given time because no one really knows when will it come. So many predictions that a bullrun will happen at 2018 but it never come, we just need to sell our coins/altcoins when we have a decent profit and not be greedy for more.

Pretty much same mistakes I made, I had literally a life changing money from the last years bounties/airdrops, but alas didn't sell.

not only that but the biggest mistake often made by traders or investors is panic, because if you often experience panic it will bring you loss of money or loss. so what we have to fight is panic and never be greedy too

Panic is sudden uncontrollable emotion which is not good specially on this kind of crypto market, more or less... it will bring misdeal and turn into loss. This is common if you are newbie/beginner on this kind of league.

Why you invest on the project and never expect that the price will grow or atleast remain, this is suicide. Because you set your mind to plan on how to throw your  money without expecting a good profit. You should learn to be more optimistic and find a good project that has a high potential of profit.

Thats a good advice but what if there is really no profit at all? How can we sell coins from bounties and airdrops if there is still no value since i got it? We can only hodl it until the time that it will have value. I think many bounty hunters are still holding due to zero value of coins.

Indeed fluctuations can occur at any time and we do not know specifically on cryptcurrency, but with analysis we can predict maybe a large enough percentage of market movements, then your mistake is to wait for the bull market without a clear analysis of why you have to wait.

I don't think that's the best, because according to those signs I think that in the near future it is likely that the prices of altcoin will increase sharply, so it is important to keep them until the price is high  8)

If altcoins are obtained from the bounty campaign, you can sell half, half to leave for growth. To diversify risks.

This is necessary to prepare for a volatility, but I think this is still a little flawed, the altcoin we buy at cheap prices and accumulate them for a long time, so I think we need Very long and long time  ???

We all start off as amateurs, and we have all lost money throughout out trading experience. In his first month of trading, Miles went from $1,000 to $300. I’ve lost a lot by selling at losses inspired by fear. No one is perfect, no one wins every single trade. Don’t let the losses discourage you, because the reality is they’re making you better trader if you choose to learn from them.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

That was the biggest mistake in my life, that if there is a bull run you should sell your coins and buy in cheap or if bull run is already done, until now many of my coins or tokens are stock and it will not to be profit anymore, hoping too see again a bull market in this year.

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

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

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

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

I think the correct advice is for people who want to get in crypto to assess at which point of the market cycle they are currently. Lots entered in early 2018 after a big bull run, that was the mistake. The correct time to enter is now actually, those who invest now will gain a lot in the future. If you invest after you see prices skyrocket, you buy high instead of buying low.

learning from experience and not much different from you, when the increase occurred I did not immediately throw it away and just waited a little more to reach its peak, but unfortunately that hope was lost, of course we must know that it is a good step when there is an opportunity to sell directly sell it and don't have to wait for big profits, it will hurt

when we hold a coin, of course we will always pay attention to what we have, and always feel dear to be sold. things to avoid when holding coins are of course greediness. it was the biggest mistake I made. I think some people have the same mistakes as I do, because it's a common mistake to avoid.

Yeah, I made an even bigger mistake. I got coins earlier and didn't sell.
So my advice is not to get in love with coins that you have and make a profit.
You can buy them again later.

Do not attempt to sell them now! That would be a great loss. Sorry that you had to go through this hard time with the bear market. I think next time you should sell half and hodl half. That way you won't feel so bitter. But its not over yet. Crypto has a great future awaiting it and those assets you hold that are almost worthless now will end up being quite a fortune on your hands

I prefer to check my coins from airdrops and bountys one by one. I look if they reached their soft cap, project details and team experience and the amount of coins that i have. After all this research i decide to exchange it or keep it. My lesson from 2018 is not to keep so many alt coins that its nearly impossible to keep an eye on project on bear market.

I have some experienced with you. I'm ablt to collect altcoins from bounty also and hoping to grow further i kep holding fora while until bearish season hit the crypto market badly and i ha e no choice but to still keep holding because price of my alt coins really fall very low. Currently my portfolio is -89% very stressful everytime i look at it. :(

I think many of us making a mistake when we hold altcoin and the greediness comes to us and tells that the price can increase higher but the reality, the price we saw is the highest price and we are late to sell because the price is down in the next minute. I have those bad experiences too, and I think it's normal to get that experience and if we can learn from the mistake, I think we can avoid the same mistake in the future.

I suppose that the overwhelming majority of new traders make such a mistake, when the price goes up, it seems that it will always be and you don’t want to sell, and when the fall starts, you don’t want to sell because you have lost and wait for new growth, which may not come very soon.

You're right, buddy. The biggest mistake that did just wait for the bull's run. learning to trade can be profitable even in the bear season.

We are in the same boat. The hope that another bull run with bigger pricing will come again, I hedl my coins even though their prices are very high. But after a year the bull run that I hoped never came and I was left with coins that had really depreciated their values. A lesson that I would never do again. Now I think I am more wiser and trade right away every time I see some gains.

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

You must create your own percentage, if you want to get profit 40% from that coin then after you get 40% sold that immediately don't think you can gain more because this is crypto, also you must create cut loss percentage too. Whenever you hit your loss percentage then sell it to avoid more loss

I think it is a good strategy to sell around 30-40 percents of your earning during the first listing to get some ETH or BTC but I am holding tokens that are left, because I am sure they will give profit on a bullish market.

I do not quite agree, since I had tokens that increased in price by 3 times, and then fell three times and all this for the period from may 2018 to the present moment. I think that it is impossible to attribute it to all the tokens.

I think I made a similar mistake. I had some coins that we're worth substantial amount kept holding believing that the bull was going to run but it never did and now the coins are worth close to nothing. I wish I had sold them off

it no longer makes sense to sell your coins right now. you should just start buying bitcoins for your fiat money

I think this is a very bad advice, you lost doesn't mean that everybody would lose.. I have sold some coins that I later regretted because some of them ended up doing as much as 1000% in just a few days, now I try to hold when I can.

Yeah I really agree with you. Most people don't sell their coins and choose to continue to wait until the coins they have reach their highest point. But, sometimes what they expect is not in accordance with what happened and this is what makes many people suffer losses. I myself choose to sell the coins that I have if I have benefited from them, even though the next day the coins will increase higher I will not regret it too much, because at least I have benefited from it.

my main issue is that I fall in love with the coins and don't want to sell when I need to, then it drops and I regret it, and all the same cycle again lol

Well you are right in a way but the thing is it depends on the type of altcoins you are holding. Some altcoins really don't have any idea behind their project and this makes the tokens dump and later not rise again. If the cryptocurrency is not from a working product i don't think it is safe to dolf tokens boy.

I totally agree with you, because the same thing happened to me. I got stuck in many projects during this long-lasting bear market and I hope at least some of them will recover.

My biggest mistake was getting greedy about my expectations in trading. Emotions are problem in trading journey so learning to control it will give better results than blindly trading.

People should still hold what is worth holding,  maybe sell some and hold some.. . it's a matter of principle to be honest, it's a bit fulfilling to hold good project especially in the good old days when people were sure good projects will rise in value.

One of the common mistakes by most holders is selling off coins right after receiving them without paying attention to the potentials of the coin/project. This normally lead to regrets when the coin begins to rise. It is always good to follow the project and the coin before deciding when to sell it.

right, I also have a suggestion like you. we should not be greedy for greater profits, because we do not know when the profits will come, we better sell when the coins we have and not wait long.
it's better to get a little but clear, rather than waiting for a lot of profit, but it's uncertain.

Make sure that you have enough knowledge on your holdings on what is the development on the token and its team.
Be updated always on their project and their exchanges, mostly pump will depend on new exchange (major) and project development like launching their platform.
Never hold for long any shitcoins.

Wait does not last until bull run occur.
It should be patiently waiting even after one year or two years to see bull.
There are more professional traders here and they know what it means to wait.
Long term or short term of waiting both should be done patiently.

Thanks for sharing your experience but we are on the same boat. I'm also greedy before and confident of not selling my coins before though I can already make that much profit. I lost a big figure and I really feel sorry about what I did.
It's a lesson learn and I'll definitely not going to commit the same mistake again.

Maybe another situation. I'll tell you how it was on my example.
In July, I received an award for participating in the bounty campaign of a single project. Seeing that the market is falling, I hurried to sell my tokens and earned 3 Ethereum, which was a good reward at that time. If I had sold my tokens now, I would have earned 30 Ethereums.
Situations are different and much depends on luck.

I think it's because they need that money for their life and some of them make money from the bounty. We cannot blame them by doing that, and I am sure that some of them still hold the coins and wait for another increase in the price. I will do the same if I need money and maybe I don't just sell some amount, but I will sell all of the amounts but I will make another buy of the coins if I think the project is very good and could increase higher in the future.

You have just gain those altcoins from bounties and airdrops but it seems like you had bought them by all of your resources?what you are telling us to just sell the coins or tokens the moment e receive those?are you serious?

This is the sad thing if the person only relying in crypto world and has no real life ventures because all of the earnings they get from here will feed their family,please guys lets make this things clear that crypto profiteering is not good to live our lives instead lets make this as a extra source of income while we are waiting for the total adoption in which might bring us to riches if we will save all the legitimate tokens and coins we will gather here.

I agree with that mate! We should not wait the market to get it's bull run and we should hold our investments in the way that we have a really good plan or strategy. Which I mean is we should choose to ourselves if we will gonna be a short term holder or long term holder with our invested currency and I think we can we also need to learn to our mistakes in the past year in able to get a better earnings.

Yeah you'll right, I sold several coins and did not wait for the bullrun in 2018. There were also some coins that I held from the beginning of 2018 and I was quite disappointed when I didn't sell at that time.

I think you had to sell half of your tokens immediately and for another part - strong hold for a long time in order to increase your portfolio.
That's what I am saying and I am trying to keep to this strategy!

Holding for a long term coins it comes in a years or sometimes a months only, But about holding must better to choose to those potential coins even if this will be for a longterm but the important was we get some big profit of that.

yes, of course we can't sell at a price that is very far from the level of ico, because if we do it, there will be many losses that we will get. so we have to look at the website of the altcoins we have and know how much we will get after selling on the exchange. that way we can minimize errors in holding altcoins.

Yeah you are right. We should be happy with our target profits. Cause if we become greedy then we may loss more than our profits.

Precisely, a lesson that should be learned about this market, fluctuations and volatility always been the issue with holding assets that have potentials and shit coins that just a pumped and dumped system, we have to be well aware so we won't regret things that we decide, there's no guarantee or assurance in any project that has been introduced, accepting and keep continuing to gain more success is what we need while we are still around this industry.

Yes,we have to be aware of the things that we decide before selling and buying. Buy at the right time and hold those valuable assets that you are certain. Some lessons are along on your way and you have to learn from others mistake too.
Someone who doesn't have experience with this volatile market should learn from others mistake too.

If the project is really good, there is still no better strategy than hodling.If you really need Fiat money, you can sell at least 50% of your tokens as a last resort.I agree that there are projects with very tricky managers who, under the guise of listing on the stock exchange, simply destroy the price.But since in my portfolio there are tokens worthy of long-term storage, I have no doubts in the team or in the project and I will keep tokens until the price is at least equivalent to the price at the ICO stage.

If you know the trends 90% of the ICOs when listed on the exchange their token values goes down within a week about 30% to 90% from its ICO price. So its better to sale token initially & buyback later if you think project have potential & can give you profit on longer run. In this way you can multiply your holdings & have more token in your pockets. You can see the ICO ROI Status here https://icodrops.com/ico-stats/

Normal advice! But you're a little late. Would you tell me about it a year ago! And now I got into the same situation: all my assets collapsed in price several times. I sit now, wait, holding.

I also made that mistake and I regret it till now. I was looking at one of my bounty tokens turn $100+ but I just ignored thinking it could do more. Now, that same amount of token is not worth upto $10. What a great mistake. Take profit while you can guys.

People say this right coin all the time bt if I may ask, which coin is actually the right coin to hold. Every coin has the potential of dumping and never rising again.

What you pointed out is a good one, when you get tokens or you buy them, the best thing to do is to wait for profit, once you see profit,no matter how little, take it don't wait to make millions on a particular token.

A very honest opinion and I agree with this, we should really accept our mistakes use it as a tool to trade well next time. Emotion is a real problem, we always think about easy money and if failed in trading we feel so much depressed about it. Holding is good but learn to sell if its aready the right time.

I do not see bulk run coming even this year. Although, the market might rise, but recovery is not likely going to happen now.
This is one of the reasons why I do not subscribe to holding for too long, except you are ready to be patient for that long term.

Almost all of us here are guilty of the same crime, greed. But if you look at it, we never really recover from being greedy. We always want more and more moon before we sell. It's our natural way of life as man is insatiable. Hopefully we will be able to tame it because to get rid of greed completely looks kind of impossible

We must distinguish long-term investment from short-term daily speculation. For these different options we use different altcoins. In any case, the key point is a serious analysis of projects before investing.

i think the common mistake people make including me is to speculate that we are going to buy a lambo from holding one coin. we should avoid being greedy and try to take profit when necessary. from my experience most times the price of the coin doesn't  even get as high as the previous price we would have sold.

I make that mistake too, and I agree that we need to prevent the greediness that will always come to us. Right now, I only sell the coins if the price can increase double and if it's only rising for less than half from the last bottom price, I will not sell and only waiting for a while. I see that some of that coins can go to a high price in the next days if the trend is good and there is a big demand to buy the coins.

We couldn't get rid of mistakes here in crypto world but we could do something to lessen the risk of making wrong decisions. We should have enough knowledge and understanding about what we are doing and we should be sure of the decisions that we are making. Knowing which projects are best and profitable is an advantage.

For sure  knowing when to hold and when to sell is  also a problem for most people. When the time is right they hold and when the market dip they start making all sort of noise.

Error in one we are looking for profit where it is not. Namely, we choose projects or coins that have no future, but call it a breakthrough. Come to your senses what is created now once was and does not carry anything new.

Knowing when to hold and when to sell is paramount in the cryptocurrency world because that will guide you to know when you have reached selling point. You have to consider a selling point for all your tokens and coins. In choosing selling point, you have to be contented so that you won't be carried away with the possibility of the coin increasing because has it has the possibility of increasing also it has possibility of decreasing.

Everyone are thinking for huge profit and selling for this time is just a mistake unless you've seen if profiting. We all are having a big chances to commit mistakes, it sometimes we've been push to the limit and doubtful to our decision which is always be leading into the wrong path. And we realize after that we've been wrong, it is sad that we can't bring the time back and to correct. That is why we should be thinking it for many times and never commit for doubtful decisions into final.

You'll be right, it is our decisions and emotions mostly contributed a lot for mistakes but the problem is we can't barely controlled it. I've always committing mistakes before and so I'll have to correct it immediately before it ruin my entire life and losing everything I have. And those mistake that I've experience will always be my lesson and it helping me to stay away from making it again.

Yes it's true, I often experience what you do, and it is my stupidest thing because bull runes will not always exist, sometimes it will become bearish. So do not be greedy in investing and trading, if it is profitable, sell, take the target in each investment.

The most stupid advice I've ever heard! The market always rewards those who are patient. So if you hodl you can make thousand of thousands percent of profit. And if you sell right after you receive tokens then you will get only cents for your hard work and will be like all those hamsters on the market...

The biggest mistake when investing in altcoins may be buying at the peak of growth, which of course will not allow to sell altcoin with a good salary and another mistake is not the ability to take profits, to overdo the altcoin means to lose profits.

In that way, the risk and the time you spend that is for effective time spending is wasted. By the term "Waiting for the bull run to happen" Well, do something and expect the thing that will happen.

We should hold the altcoins that are going to survive on a bear market because this coins that will survive will increase when the Bull run also comes. This coins can be seen on the top 100 on coinmarketcap.

Its a very good piece of advise for all holders but on the same hand you could sell off and the coins sky rockets to a higher price what do you do then i think we can hold on to some coins that we think has so much potentials so we do not miss out in it thanks

Yes, it's true that you have to sell your crypto tokens to make profits but not to kill the price,however greed should be avoided so as not to regret later,the bull run will come when it will come,we have to patience

I think that you could hardly make a big profit from the sale of earned coins, because if you could have done it already. From the middle of 2018, we all turned into forced holders.

I perfectly understand the problem you are talking about, but how to sell the tokens you received for participating in Bounty companies, which practically cost a few cents and a few dollars. If we take into account the price and Q companies of such projects, then their price can be very high and therefore everyone is trying to wait for the bull run.

everyone really has to wait for an increase if they want to get more results. because if it's sold now I think the altcoin value that we get from joining a bounty campaign won't feel satisfying. now there are not many bounties that pay their participants really valuable, many of the bounty tokens only become trash in the wallet.

I think the uptrend will return, at some point when the market has what it needs. And I don't know exactly when, so I opted to look for real potential crypto. It can survive in the bear market for a few years and will not become a dead project, which is what we need to find in the present time.

I believe that at the earliest opportunity you should sell your altcoins that you received thanks to Bounty.

holding the right coin is the real deal , sometimes the timing is very important because waiting brings losses

It seems to me that this is the most common mistake of all who invested in cryptocurrencies, but I think that the market will grow even more than its last peak, so it is possible to leave in the long term in anticipation of a new bull run.

Same as me. Often when the price of an ICO coin is high, I always lose the moment to sell it. Because I think the coin can still rise in price even higher. But because of greed, I lost profit.

Based on my personal experience, there are several things that we must avoid when holding the altcoins for a long-term investment.
First is always looking at the market price, when it is always red, we will be panic and afraid, whereas we are looking for holding coins
Second, we cannot determine which coins are best for long holding term so that we cannot maximize the prospect of the coins
Third, we are too panic in facing and seeing the market progress, we are afraid that we cannot get profits after holding the coins for long time.

I believe holding strong coin will pay off big but if it doesn't then the worst thing that could happen is that the market disappears. I do not believe this will happen.

the crypto market will not disappear, but we must choose assets that are truly strong and can withstand difficult market conditions. many new altcoins have emerged, but few of them have been able to survive in the crypto market. all depends on the capabilities of the developer.

 well my biggest mistakes so fae that i can remember was when that coin that im holding were pumping and i was like "im gonna hold on for awhile" it was because i have a target price and once it hit that price that im waiting, im gonna sell my coin, but to my dismay, that coin stop pumping and everyone dumped it and the price decrease rapidly.

You are right but sometimes it's just luck. When you sell off that's when the price increases and when you decide to HODL, the price dips,especially the period of 2017- early 2018 before the bear season. I remember I sold my ethereum blue gotten from airdrop for just 200$+, within 3weeks the same amount I sold got to 22000$. I am still feeling bad about it. I decided to hold other coins so as not to repeat the same mistake, but they dipped instead of increasing.

The mistakes you must avoid are panic selling and rush selling, dont be bothered by the situation of the crypto market. the reason why you hold coins is to increase prices so you get more profits.so dont waste your time to wait if you rush sell your coins.

It's a mistake that everyone has committed before and I'm sure that all of us learned from that already. We all think that the market should increase by that time and we're all wrong. Yes we became greedy but that's already a lesson that we should take with ourselves.
I'm not greedy anymore after that incident and I'm very much okay with the amount that I'm earning upon converting it to cash.

Holding coins is indeed an effort to avoid losses. And that sometimes keeps us upside down and increasingly falls in losses. And this also depends on the coins you hold. If the coin still has potential, I think you have to bear it, but if you have entered the stock exchange, you can sell it directly.

Is a very bad idea to hold coins that you have some doubt is better to hodl half and sell half then buy back at the dip because the reality is market can come to hurt you anytime so you just need to be very watchful of what you do

At this situation holding will be a difficult thing for a person to stay stronger for a long time because the current scenario will not be yeah good situation to made consistent holding a long period in rumours and lot of confusion will going and here to confuse ourself so following some of the experience to people strategy will be good for us to make correct move

I agree with you, you should never hope for any event, you should always have a plan of action. When you get your coins, you feel like bullrun will make you rich, but it takes a week, a month, a year and you realize that the market is still bearish. In order not to get into this situation, you should constantly monitor the rate of your coins. Perhaps the project will bring you profit much earlier than you think. It's better to have a couple thousand dollars in your pocket than to dream of tens of thousands.

Thank you for your reminder that during the bear market, it is impossible to predict when the bull market will come. You can only do some short-term trading now, or hold it for a long time.

It is a much better strategy to sell a part of your bounty tokens directly on the first exchange and to hold another part on your wallet. You will get some ETH at the beginning and would gain good profits when the token increases its price.

This is terrible advice, in so many levels! Your bad experience isn't another person's bad experience, the bounties you do are not the bounties I do.. so we seem to have different experiences so far.

You are not the only person who has suffered this. I am part and I know that most the crypto enthusiasts are also part. Our problem is that we have in mind that hodlers are the good people. If you sell, you are naïve, you do not know anything about crypto. People call you all manner of names but the fact is hodling won't fetch you any thing. If I remember that some of my coins were worth over 2000$ and now just 5$, I begin to develop a selling spirit because those developers will tell you not to sell but they will keep selling theirs.

It's always good to take profit whenever possible because you can never predict the future of the market. So whenever you receive a bounty or airdrop reward, or you invest in a ICO, try to take profit from it no matter how small it may seem.
I received some bounty rewards early last year and I taught I should keep them for bull run but my brother told me to see them off and hold the money in USDT which I did. I am happy I took that decision because most of them dumped really hard.

Better to do was to continue on holding and still wait for the bull run to happen. It would take some time, but use that as an advantage to gather some more coins for the future bull run.

We could sell half of the total amount when the price can increase higher than the price we bought. But if the price still on the lower price, we cannot sell except we accept that we will get lose by selling that coin. It is better to hold the coin until the price can increase so we can expect to make a profit. While we still hold, we can buy more if the price is down again to cover the average buy price so we can sell some amount when the price can increase for a small price.

Some coins are good for long term holding especially if they are already proven to bounce back after a price downtrend. But there are also some coins that are good only for short term and they are use in daytrading. It is important to know the cryptocurrency or token that you are planning to buy to avoid mistake in the future.

Nobody knew bitcoin which worth some cents some years back could worth thousands of dollars today. Sometimes the coins earned from these bounties and ICO have great potentials to be a great project in future so selling some and HODLing some is not a bad idea at all.

What only mistake I made last year is waiting for a stable price of my holding currency but it doesn't increase a little bit that turns to decrease it's value a few weeks later. That's why I regret holding it too much for a better profit maybe I still hold those currency that has a potential growth in a long term earnings.

Yes, you are very right, I also experienced that. I hold a token waiting until the bullish market arrives. At that moment I continued to hold on hoping that the price would continue to rise, but in fact the price fell and I suffered a loss. And at that time I took a lesson to immediately take advantage before the market turns bearish.

Waiting blindly is dangerous if you have no extra plan for every case. Holding is not form of trading and odds are against you if bear market conditions decide to continue further. At the end of day what matters is balance not the trading plan imo.

One mistake - in the number of coins and the constant search for the right and not the top. After all, you always want to feel what that one is or fork or token. But basically they are all rubbish and you need to understand and throw it off in time.

It was not possible to read all 12 pages on this thread. I have seen enough ups and downs in crypto. I can share some of my thoughts.
1. Never underestimate or neglect a single coin in your entire crypto life. Once I had thousands of ripples. I did not understood and now you can check the price of ripple.
2. Never invest all your money in a single project
3. Never trust anyone
4. Dont take instant decision. Do your own research and jump into good project
5. Dont be greedy

Exactly one should sell his/her coins while in profit. One must not be greedy for more and more. Last year we all were expected a bull run and in this hope we hold several coins for good profit but what we get in the end we lost almost 80-90% of our portfolio value. Yes its always better to sell when you have decent profit because we already learned a bitter lesson in hope of huge profit.

We are in the same boat together. I made similar mistakes and my heart hurts when I examined the decision I made last year and wish I had done things differently in this crypto. But we must move on and like you said should learn from mistakes.

my biggest mistake a sold all my altcoin for one particular altcoin and this altcoin is down now 95% but i really trust this project that's why i still holding and i'm doing this mistake again and again

Mistake can not be avoid when you're involved in cryptocurrency trading because the volatility can't be predicted 100%. They're sometimes you make profits and sometimes it's otherwise, you just need to sell when you are satisfied with the little you gained.

I understand the HODL concept is important in the case of cryptogold like btc but i think we need a unit of account that people can use daily for a money to be truly successful. I really want to see ampleforth succeed as an altcoin because their elastic supply policy is so different than what us crypto peeps are used to. We don't have to stress about hodling. I think that's a concept we need to surpass for wider adoption.

If your token still have value then you need to convert it as bitcoin ethereum as soon as possible to make something out of your hard work doing bounties for too long period. Basically bounty Hunters will convert the token into ethereum or other coin soon after the token get distributed and it listed on any exchanges because all of them are working for money not to be a investor on it.

For my bounty rewards, when I already receive it, I would not wait for the time to make a bull run. Instead I sell it immediately on the exchange. Knowing that the price will go down fast.

When olden altcoins you should be realistic about the chances of the coin in the long run soon don't hold scam project coins just for the sake of it.
 it is better to sell and diversify into better project that will yield returns in the future as more milestones is passed and accomplished.
With the way the current market is I think it is safe to invest only in the top coins for now and probably keep some lower coins on the watch list and monitor their progress before making an investment

There are a lot of people like you in this market, when the whole market rises, few people think it will fall like the present. And I'm also one of those people, but I believe that the growth cycle is getting ready to start, be ready

Many investors make such mistakes. Until you make such mistakes yourself, you will not learn. But I prefer to invest in such projects, the altcoins of which can be kept in the portfolio for several years.

If you got your altcoins from bounties then I would assume that you never lose anything from that. But for that small investment in ICOs of yours, you sure to lose something even if it is only a small amount. My only advise is only to be prepared on what will come to happen. Don't wait for the bulls to run like you're expecting for that to happen because no one will know when will it is going to start.

I used to be like you, but now there are not many opportunities to change, bounty is no longer easy to earn a lot of money.

Sell your coins when you have profit. if you think Altcoin won't rise in price, Cutloss is the best choice. If Altcoin has the potential to go up you can hold it. The most important thing is not to be greedy to take advantage.

It depends on the market but you are right on bearish market it is highly risky hodling  shitcoins as their value can go near to zero. But if you are holding a decent coin long term holding should be profitable.

On bearish market you can still earn by trading as it does not depend on the type of the market. Until there will be fluctuations trading will be an option. The other option is investing in high potential projects which still perform in these market conditions. They are rarity nowadays, but they are here,  we just need to find them. Several other options  existing as well.

We can avoid mistakes if we will not hold worthless altcoins. We should pick wisely if we will hold altcoins. Most of the altcoins are losing its value over time and there are only few altcoins that are suitable for long term investment.

Do not hold altcoins if you know that it doesn't have enough characteristic in order to survive in the market. I hold many shitcoins before and that's why I regret it. We should just store altcoins that are really profitable.

I also think because I was engaged in a bounty for 2018 and after entering the exchange, the tokens fell in price by 10-50 times and I lost money. Now I sell tokens at once and get much more money.

No one waits for a bull run but rather we wait to see some set targets before we take our profits like the day traders do. Right now, what I have learnt is that we should not set high targets before taking our profits. At least a 50'4 profits should be appreciated than waiting for an unknown period of  bull run.

Almost everyone both bounty hunters and investors are having the same experience due to lengthy bear market, All hope are not gone yet, as you can see the bull run have started already.

unfortunately i am one of those who made the same mistake i wanted to do a long-term hold strategy with the hope of the return of the bull market but unfortunately many of the altcoins are now worth almost nothing or are even delisted by the exchanges

Sorry for your lost. However, long term holding strategy is never a bad strategy if you ask me but there are some certain things and moves you to put into consideration in other for you to make profit. Things like time of entering/exiting the market, concept behind the coin creation, coins that have good volume, historical data and huge community support or else you'll still make debt even with short trading if you don't consider this things.

Same thing happened to me. My tokens came from bounty and when it was Early 2018 some of my tokens are worth $400, $700, $200 but they all came down to almost nothing now. I regretted having to hold it until now. I cant even sell it, as gas might even be more expensive than the token itself. If I know any knowledge in technical analysis, I would gamble what I have now and TRADE!  until it multiplies in numbers. But sadly I don't. So I keep holding until I feel like its time for me to sell.

It makes me feel good reading positive mindset about the state of cryptocurrency now. I also feel the same. I am not an expert but all I know is that what comes down must come up- and I am just waiting for that right timing.

It happens to me several times for waiting too long my coins losses it's value before we can trade them but we can't blame ourselves we do not have an insider news on when is the pump is going to happen and so is the dump, it's better to have an exit point for every coin you are holding.

Thanks for the instructions.. had a good laughter reading this topic here. Would you give the same advices to the crypto-millionaires that got rich by hodling their coins? i don't think so! You just have to take care of yourself and try to learn from your own steps.. dont advice us please.

me too, it seems to be a mistake of mine and i will never forget, i was waiting for the bull market to appear but it did not come and the bear market appeared, it took away most of my profits !

get a token from income bounty and airdrop, and you plan to hold it until a bull run occurs? when did that happen friend? you will only waste time. before the bull run comes, some of your tokens will become shitcoin and hilag from the market. selling now their breasts are still valuable.

I think the most common mistake is that we believe in the success of some altcoin even when its price drops more and more every day. Unfortunately, but most altcoins are just a speculative product and its price will eventually go to zero over time. It should be sold when we make a profit.

Emotion and can still be patient with our target because indeed at first people feel the loss. people have to be able to be patient in a downturn like today.

It is very good that you learn from mistakes. I also once had the habit of keeping tokens or coins earned on bounty thinking that they will grow later in the price but the truth is that they tend to fall in price in most cases and fall in price because many people are getting these tokens or coins to sell them immediately that people need money. People came to come crypto industry solely for the fact that here you can make money

This is true, many are waiting for bull run, as the only signal to fix their profits. But when you buy or earn your coins, you need to know at what level you need to make a profit, so as not to be fooled. I advise you to consider your strategy in the market, so as not to miss the profit, otherwise you can wait for the next bull run for several years.

Don't forget that crypto in unpredictable ,if you sell off your coins for quick gains the price might surge in few months and you will regret it ,same goes to those who keep coins ,waiting for bullrun ,the tokens or coins might never survive before you see another bullrun ,so I think no one is to be blame here ,decision making ain't easy

I treat all the coins differently, some coins are worth holding for the long term, and some can be dump anytime one of the thing that you will regret is not selling at the right time, so be sure to follow the market and the coin you are holding, so you'll know the exit point.

Many if us are stack with this market mu portfolio is already -87% most of my coins was came to bounty I sold them and bought top 10 coins in coinmarket cap and if I have some extra money from my salary I buy to average down my buying average and if there are small rally i sell half and re buy again when price fall. Though I made this mistake it is also a lesson learned that if you saw profit sell half and hold half so you may not stack when market  are crashing.

Yes, opportunities won't come twice. So we must take advantage of every opportunity that exists and maximizes it. When market conditions decline we must actively collect Altcoin. So when the market is pumping, we are ready to sell coins.

Right. Not all of them are useless coins that eventually die out. Usually for airdrops, i don't wait for a run anymore if ever they do get listed. I sell them for whatever they're worth. But for icos that i think have potential, well i treat them like bitcoin. Holding something you believe will have value is worth it if you did your research.

You know what I did? I kept holding coins in bull run, I kept being greedy until they become worthless. I still regret it at times, I could have done better.

Yes i guess your right! Many bounty hunters like us who are waiting for a big profit from our bounty rewards but the price of it was not good enough for us resulting to no profit at all. Maybe we need to change our mindset and sell it right away if theres still a value instead of going zero and never going back again to its good price.

I disagree with you and think the main mistake is to sell these tokens on such a bad market for almost nothing. Just be patient guys and these tokens will be much more valuable on a raising market than right now.

not only that but the mistake that must be avoided is not the patience to release the coins so that many people have failed to benefit because they are not sure of themselves