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Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.

Honestly they are not worth a cent of money or time.

The altcoins that became big with the 2017 pump are now shitcoins. Most of those projects ended up the same way either a failure or a scam. If you are looking to buy those thinking that they are going to be big some time, then you are being foolish with your investments. A vaporware it might have been and thus you should move your focus to bitcoin.

All new project altcoins end up the same way. Rest of the top 10 are still buy-worthy.

Yeah correct. I also did it many times. We are trying to be rich quickly. But crypto trading is like a marathon. The purpose is increasing the capital slowly. Shifting stop losses to profit side is always very helpful to do that.

You are very correct, this is why my best pal in crypto space is stable coin, BUSD and USDT, whenever some profits are available for me I've quickly turn them into stable coins, this way I progress easily compare to the past that I kept losing money simply because I wasn't satisfied

There are too many coins which makes it difficult for new traders to choose and they end up losing. thats why its a good idea to stick to alts that have been tested through times and continue to show progress and stability. If you keep gambling from new altcoin to next new altcoin, eventually you'll end up losing everything you have gained.

Yes you got that right, another way around this is to invest in IEO from binance exchange, I haven't seen a IEO project from binance that disappoints unless you decide to hold after all that 2X to 7X gains which is a wrong move

Most them were failed to deliver the project main goal that they promise during there startup. This is the best example for expectation vs reality post. It's easy to promise a brilliant idea during initial stage but most of them didn't continue the development due to some original member already leave the group after they received there share on the token sales that locked for a certain period of time. They are just still alive because they want to exit scam slowly to avoid being sue by investors. They are just waiting for there community to slowly die just like many project did and announce bankruptcy later.

It's no surprise that some make big money from scam projects, I've read online that someone make biggest money from a scam ICO project in 2017, something that inspired me into promoting projects, my aim is to get paid and take my profit instantly, whatever happens to the project after is none of my business, I only trust top altcoins and bitcoin

We've got more altcoins that are highly profiting, but we can't take the profit everytime for some reason. At times even an altcoin with good trading volume go low with low trading volume in no time. This is very big risk, because we've bought it at a lower price and the price has grown little. When we go to sell it out and take the profit there'll be bots which never lets us to execute the trade.

Because people don't realised that altcoin is more volatile and dangerous than bitcoin. And I believed that there are still investors who thinks that they can still make profit just like 2017. If you have set this mindset in the beginning then you will likely lost already. Of course profit is profit, but there are greedy people here, who wanted more, so when they have profited already, it's not enough for them. But I do agree that to an extend, if you have make profits then exit and reinvest on our projects to keep the ball rolling for you. No need to target 100x to 1000x or even higher because you need to have an element of luck and it is seldom that you can get into a project that will give you that huge profits.

that is a very true statement. If you look at the situation from the past, it's better to take big or small profits, because that's better. it's just that sometimes the potential of an altcoin is quite large, and many people prefer to hold back rather than take a small profit.
things like this also very much happened from 2017 to 2019. the proof is that until now there are still many people who hold back altcoins that used to choose high prices, but have not been sold until now, and are still waiting for the price to rise again.

Profit is indeed profit, be it 10% or 110%.
Point is to be realistic about it. Many people (including myself in the past) want some shitcoin to be a hidden gem, the next bitcoin.
You gotta realize that's like 1 in a million. Like YFI, most of us shrugged it, some went balls deep in it and are now rich. But who knew?

Set realistic goals, take profit where you can, and leave some small % (like 5 or 10) for a hail mary scenario.

Indeed it is like that. I'm just looking for profit from altcoins, after that I exchange the profit into bitcoin. So I am very relaxed and don't need to panic if anything happens to the previous altcoins, whether that's the reason it doesn't work or a scam, I've anticipated it first.

You have a good fighting spirit there OP in regards with your thinking over the bounty rewarsds. I agree with you that a reward that could be monetize is considered as profit may it be big or small rewards the good thing is that it can be help like converting it to currency to spend in daily life needs.

I see there good projects that pays well like the UNI rewards coins. Many had earn on it and they are lucky to get quite good amount from just using the platform.

In this space, there is a possibility of one making a lot of profit from a single trade, but that does not come everyday. Its best to smart and don't end up leaving with a loss because of greed. You may be unable to make a huge sum of money from one trade, but making little profits from several trade isn't a bad choice. We need to Learn how to trade with the mindset of earning without the greed of making excess profit.

I also see.many people who have had some benefit from altcoins are those who sold as profit is reach from the point of hodling. Even bounty reward have made some participants a good life and happiness because they sell early after distribution. Some altcoins reach to their peak at time of distribution.

Being greedy will put you into this kind of situation so if there’s a chance to take profit then do it as early as possible because we don’t know what will happen next to that project. I have to agree on this one that many token are good before during the bull market but not they didn’t make any progress so I don’t think they will recover easily on the next trend, in short don’t be greedy and sell on your target price.

Hunters always know the risk of selling early or the risk of selling too late, there’s no other way but to create a decisions that you wont regret later on. If you have tokens that you are still holding for a year or more now think again and know when you are going to sell your holdings. If there’s no progress at all then its hard to tell the future of those tokens and maybe they’ll die sooner or later.

Well that's how crypto is all about none of the alts are unique, they spark if BTC goes up and down pour if the same goes down still they are dependent on BTC.

During their launch they come up with different ideas but unfortunately in reality they will end up with fail, Still Alts are good but it's upto btc price 8)

Truly said. You can hold bitcoin and some altcoins for a long term if you believe they'd be much bullish in the future.
But if you still want to take the risk for a greater reward, don't just jump 100% on a new coin. However promising it may look, diversify your portfolio with different types of coins. Don't put more than 50% on the same coin.

Yes, I agree with that observation mate, Because I'm also experienced that feeling during 2018, Honestly speaking I'm just only speculating to buy and hold some new altcoins in my portfolio without proper researched and hoping that in 2019 there will be another bull run, but when 2019 arrives most of my holdings are already worthless, but I learned my mistakes now thats why I'm taking extra precaution while buying and holding altcoins and when I see something wrong I immediately sell it to avoid further losses.  

And the scenario is not changing there are still a lot of new coins coming in the market some of them launching ICO, they are still trying to squeeze money from investors, it's almost like an endless cycle we never know when it's going to end, maybe it will end if investors become wise  enough not to invest on projects that looks shady.

I believe that the CoinMarketCap rating has long been showing real cryptocurrencies that are trusted in the cryptocurrency market and that have real prospects for the future. I believe that up to this day, everything that could be created the best has already been created. Even the most popular DeFi projects today, which create excitement in the cryptocurrency market, are not very different from ICOs and will have the same results and consequences as in 2018.

Taking profit as quickly as you can is basically the way to go with altcoin trading, there is no need to keep this type of profit going for a long time or hold some small obscure coin, there is too much risk involved and there is nothing big going on in most of them so whenever you take a small profit out of it that should be enough for you.

Obviously I am not saying you should be not trading at all, you should be doing that, but if you make like 10 bucks profit on a 1000 dollar investment, even that would be enough, do not hope for huge gains. There are few out there who would make you tons of profit, 10-20% even more but those are rare, so if you can get even 1% profit just get out when you can. Do your investments long term only on established coins that has been around for a while.

i think you were thinking to new altcoins honestly i can tell you that most of them are unsuccessful if you up just for the profit better buy altcoins with huge volume in the market and trade on it but if you wanted to support projects that's the only time you will invest to the project in the start.

too scary if we choose the wrong altcoins, but if we choose and drop our money in the right altcoins, such as ethereum, binance coin, polkadot and chainlink
altcoins become a good bread to eat roti yang enak
regards

It is scary if you invest in new altcoins. There are few top altcoins in marketcap and those coins really doing well since launch. New coins may help you to get big profit but not guaranteed. Even you can loss your money by investing in scam project.
It's true that a lot of crypto haven't showed any good movement after the first few months of 2018. Just avoid those dead coin. Choose the top alts which have strong position and try to make profit slowly but surely from them. You need to provide hard effort for doing this.

Because anyone can issue their own coin, junk altcoins are popping up everywhere and many people lose money because of them. But we cannot conclude that all altcoin projects are trash and not worth investing in. There are still a lot of good altcoins working in the crypto market, you can see that the coins in the top 20 of the market are pretty good altcoins.

The cryptocurrency market will become monotonous without altcoin projects, then perhaps bitcoin will rise in price to $ 100,000.
Investing in altcoin may seem risky but it also brings a lot of profit, if we have enough knowledge and experience to choose a good altcoin project we will surely reap great profits.

Most altcoin projects once turned into a pile of trash it will never return, those who are trying to wait for it to come back are only disappointed.
The best way to deal with such coins is to sell it now, of course the investor will suffer a heavy loss but it is more than losing everything.

This is true, altcoins or rather a good number of them are really something else. 2018 is even far, let's talk about this year alone, going through many telegram groups you will see that in many projects today nothing is happening, no presence of the team, no development, no platform updates and so on, and you will just be wondering what the fate of those who invested because they believed will be. Or about those who are still holding, what they will be thinking of. Most telegram groups today are dead, spam messages here and there, while the coin keeps dropping in value.
Therefore, having all these in mind, I totally agree with you, profit is profit, and it's good to learn when to sell and exit a project. On the other hand, there are still altcoins which are worth holding, this starts with Ethereum, BNB and so on.

Yes a profit is a profit don't let the greediness consume you I've realized it before I became too greedy with the coins I'm holding and one day I realized that the coins is falling continuously and instead of earning a profit I loss some amounts and it really made me realize that being greedy is not good not just in gambling but also in investing and trading.

That is nothing new. Everyone knows the risks involved with altcoin. In fact people also know the risks associated with altcoins but yet they still invest in those to make some quick profit. Some people takes advantage of those pumping of shit coins, takes their profit and then leaves. Others fail to do so and loses everything.
The reason you haven't heard of those "good" altcoins is because they are along with their hype probably dead by now (hence like ghosts).

Everytime i see my portfolio i feel the same but then again i satisfy myself by thinking that another bull wave will bring me big profit so no need to sell in loss, this strategy has done me loss too like the coins that failed and closed but im still holding and waiting for others to give a parabolic move.

It is very difficult to predict the future of Altcoin. It is a risky decision to invest randomly in a project, because a good project does not guarantee a bright future for that coin. I saw a lot of projects that promised to do something really good but they did well in the market due to lack of proper support. Because in order for a project to do something good, that project has to get support from the community, such as being listed on big exchanges.

But the problem is here, many projects can list their coins on the big exchange for some invisible reason. And as a result, a project is gradually lost. So you should take profit at the right time rather than holding any coin for a long time. Here you can greatly reduce your risk.

Its even better to get back your capital when you become stock in some project with huge loss.
To be honest, your talk isn't far from truth. It's always advisable to book some profits when you have some gains in altcoins because their pump don't last long, in the process of keeping for life will get you rekt.
Its even better to sell off everything when you have 2x of your initial investment fund, my opinion.

The popular altcoins has a progress still and though the prices are turning ups and down we can see that they are going with flow depending on the market condition. It means these top altcoins are still there and just waiting for another bull market.

However this is not the case for not established altcoins. They tend to lose value and stop progressing, lack of demand and support are few reasons why it has a tendency to lose value. Thats why its a must to know your goal, dont wait for your coins to be delisted or not tradable anymore. Take profit while it has value and dont be greedy. Have a strategy wherein you can maximize your earnings while enjoying the moment of investing in altcoins.

I do agree, there are some who actually continue to hold for years. They continue to hold waiting for its price to increase. Even if it is already increased the value they keep on holding, expecting a higher profit out of their investment. Instead of taking the profit and buy again once its price starts to decrease, they just continue to hold without taking any profit.

No, they are not all scary. What makes things like that is you are investing in a ghost project which is also run by a ghost developer.m No wonder why they suffered losses, ended up to nothing. But we can also blame ourselves why we should have to invest in altcoins that we know already the possible ends? Why not having Bitcoin?

What had driven most investors investing altcoins, new projects because of very attractive offers, x2,x3 on investment returns? Greediness brings no good but worse.

That is why a good and successful investor is able to determine the strategy when the timing is right to enter and exit.
Offers are attractive, there's no harm in trying if the potential and strong support. The important thing is if you have made a profit, be honest, and do not force it if you are late it can be a loss.
the problem is when someone invests but does not know what he is investing in. it could be due to FOMO, other people's invitations, or just to join in because of the upward trend, so it just got carried away. It cannot be denied that the defi trend is very good, there is an opportunity to take profit but usually, it is not good enough for the long term. so make sure to come out on time.

I agree with you that investing in altcoins is really scary, especially without good experience and knowledge in the cryptocurrency world.
Then deciding to invest in large amounts, of course, will make the level of risk we face is much greater. Therefore, if the altcoins we have
are already profitable, immediately sell my advice, don't be greedy, wanting a bigger profit. Because no one can know what will happen in
the future.

Yes. We all know that altcoins will still end up the same way so we don't have to focus investing on altcoins if we don't want to endure losses in the end. Bitcoin is still risky to invest but atleast we know for sure that we will make good profits from it once we learn how to drive with its pump and dump season. I think it's a matter of patience and knowledge in the end.

depending on how smart you are to analyze these altcoins, if you depend on fundamentals alone,
prices can fall free, like all altcoins, but if you intend to invest, make sure fundamentals and chart analysis also support,
because that's very important, good luck mate.

In the cryptocurrency market, Bitcoin and ethereum are still considered the main and safe investments compared to other altcoins. Altcoin price movements are very volatile making altcoins a risky investment and it is better if the target price and profit targets that we have set are achieved, we should make a profit and sell these tokens and maybe switch to other altcoins that are trending

Put this into your mindset and you’ll be good forever, don’t wait for a much bigger profit you have to face the reality because you can’t be rich in this market without taking profit. The new listed altcoins usually pump on its first week and after that, expect it to dump so don’t hesitate to sell every time you have the chance. Its ok to hold but make sure its on the top position and have a better chance to go up, like Bitcoin.

Some experience investors or traders knew how to trade these altcoins, they take profits at the appropriate time irrespective of how big is their profits and move on to another one, afterall 'half a loave of bread is better than none' hodling altcoins is very risky  unlike Bitcoin whose volume traded daily is very high with a huge market Cap, gone are  days when hodling altcoins for a long period yields good profits the era was 2017 when Bitcoin reached ATH.

Not all altcoins can be hit and run, some altcoins can continue to be held because they have strong fundamentals, Litecoin and Ethereum are one of them,
If a coin like NXT or Waves, even though it is an old coin I do not recommend it because the development is not good enough  (my opinion).

It happens with a lot of altcoins, DeFi projects are also something else. Projects that will look good and before you know what’s happening, it’s getting dry and you’re starting to lose money. Taking profit when you can is a really good step to take, although some people don’t take that step because they feel that the market will get better and if they should sell they are going to miss out the huge profit.

Yes, you can miss out from the huge return on investment, but as long as you have gotten some little profit, it’s still something and much better than losing.

Recently, I only do this, very rarely leave something hold, since basically all attempts were unsuccessful, I'd rather fix some part of the profit than wait another half a year or a year when I get a profit ) There were of course when you could earn 3-4 times more if you waited only 1-2 days, but you could also get even less of what you recorded ) the Crypt is strict, you should not joke with it )

Anyone that has been in this space pre-2017 bull run and never learn that the most important thing is to take profit aside and never try to pick the top is not going to learn again. I will advice all these newbies that they should bever believe the hype, and never compare A to B. If price of A hits $10 that doesn't mean B will hit $1.

This is not entirely true, there are still projects today that have been updating their community of the developments they did over the years since 2017. I have been a long time follower of some projects that I'm holding.

Waves, EOS and NEO are still up making some pumps, these are old tokens that have gone up that I didn't expect after the crash since early 2018 but they are very much alive still.

I have participated many times in IEO, which were held on Binance and many times won the lottery for the right to buy tokens. And now I understand very well that after the coin is listed by Binance, it is necessary to sell it as quickly as possible, because the price starts to fall in a few hours. And this fall continues until the price is halved.

You're right. Cryptocurrency is cyclical and every time we can see falls after ups. Therefore, profit-taking should be the basis of a rational hold.
While fixing won't get along well with hold, how can you make a profit without fixing?
Even if you are the most conservative holder, sooner or later you will have to fix your profit, because this is the essence of hold.

The problem here is that majority of the projects that were created are to pump and dump the coin and majority of the people here in the forum had a good time during that period making a ton of money basically simply doing nothing and so is the reason majority of these projects are either dead or abandoned and now we have the DeFi hype and i am expecting the same.

Legit projects will always thrive in the long run and there are only a few in the entire cryptocurrency space.

altcoins for me are like something that is both very tasty and very dangerous
on altcoins, you can make a fortune in a few weeks and at the same time completely lose everything in a matter of hours
I try to be wary of them, but at the same time I buy them and invest in new projects

The altcoin market is always scary because when it want to crash it always be a  pile of cake melting under hot temperature, you can lose everything within an hour and at the same time make huge profits. Once it comes to altcoins just take the profits when you can.

Many coins / tokens were created but only a few survive because natural selection will always occur.  Believe it or not,the old altcoins that are always creating something new, such as making new partnerships, etc.  We have to be aware that some projects today are like monotony and only imitate the previous ones.  Hit and Run will be very useful because long-term investment into a project that is still not recognized the quality will only create new losses.

Honestly, you are right, investing in altcoins is more scary than I thought, and holding them is very dangerous cus the price could just drop and you will never see it anywhere that price again, so many of those altcoins back then in 2018 are all dead right now, most of them never had a real use case and some of the projects failed to delivered what they promised, I would always advice any new trader to stick to bitcoin and a few top altcoins only.

It is scary if you choose random altcoins and you don't know exactly where you are investing. Some altcoins are worth to take and it's only happening if you do know the history and potential of that altcoin.
But if you are only riding the hype, sorry but you're likely to lose a lot. See those yield projects and other defi projects, many have been made but only a few are continuing.

I don't expect that a lot of them will survive after the defi hype is over. It is very obvious that most of them are just fake imitations, like imitation from imitation. Even their websites, they are blatantly copying others. I hope people are now smarter than before and don't fall for the hope that they will get their riches from these defis. It is always better to dig each project that you seriously want to invest, not just following some hype or someone else's advice.

that's a good word from you. i also with you. most of traders of investors are greedy and didn't learn from their fail in the past. they want to become rich in one day. maybe they become greedy because they have some regret too. in example, they hold a coin, then the coin goes up 50% that day and they take the profit, but in a few hour the price is going up to 150%. they regret to sold it. the next day they hold another coin, even the price up they didn't sold it, because they want a big profit like the other day. but the opposite happened, they just keep to get some loss every day.

Are there any coins in 2017-2018 that have reached ATH, and now the price is above the 2017-2018 ATH again?
yes that's a picture of altcoins, if we measure it by price. If we measure it from how the community is, it will be clearer which altcoins will survive because of a good and loyal community as well as coins that are only Uforia because the community is not clear.

Yes, that's why we should really be careful when choosing an altcoin, it is better to take risk in new altcoins that are promising than those old altcoins without any updates on the project or any development. Their prices will likely decline in the long run. Unlike in new project, there are possibilities that it will boom any moment once you have found a good altcoin.

surely alts can make you rekt very easily. My strategy is always to hold strong alts which are in market from quite some time and doing good progress technically. Secondly if i am holding any alt fro mid to long term and its price 2x. I prefer to sell my initial investment. And thus i am left with actually free tokens only.

There are some promising altcoins that are worth your time, you just need to make a research about them, remember people say the same thing with bitcoin, look where is it now, ethereum, litecoin, Dash, it will only depends on how their devs will work on this said projects or updates.

I totally and strongly agree to what you have said even its a small or a big profit it is still a profit that you have earned so make the most of out it. It is also true that several familiar cryptos/altcoins are now vanishing time to time that makes it really scary to invest to new cryptos. But if I were you I suggest that you stick in investing to the top rank altcoins even its too risky it will really benefits and can give you a reasonable profit.

I will only hold a coin that comes with benefits for long term, there are few coins that gives you something in return while holding them, for example Tron, holding Tron will give access to new coins and you will get Airdrops on your Tron wallet from the new coins depending on how many Tron coins you have.

If you are good at doing research you can easily find strong coins to hold but make sure you take your profit when the coin gets to a certain new price, there is no guarantee that the coin will keep growing, only very few coins did very well after a year or two like ChainLink for example.

It's very dangerous to hold any altcoin without proper analysis and again not taking profit is wrong, you may want to hold the coin for years but that shouldn't stop you from taking your profits while you can, take profit and wait for days or months for a new dump and buy some back.

True and people invest in any coin that gets listed on the exchange recently, I mean people always feel like when a new coin is listed on exchange it will always go high which is true for many coins but one must cash their profits sooner rather later because the price drops quite drastically after the initial bump that happened because of the new listing.

The DEFI hype looks over and so are the number of tokens that were being made in the name of DEFI.  I think it is safe to say that now the hype is settled and only good projects should be able to raise funds because months back everyone was raising money even with fake DEFI projects.

I support the motion, take profit and leave very limited percentage of the token or coin in your wallet just in case it surge in future, you'd still make some profits in this process, been greedy will keep pulling you back, I've learned the hard way and it pains me that I was like that in the past.

For all those who are saying otherwise they haven't experienced loss in the process of holding coins that's why they are against what OP is saying, I've have hold so many coins in the past, they had high value but because I was greedy I keep holding on until they become worthless, another bad experience is ESH, I invested 3000$ on this coin and now my wallet shrinked to 150$

Yes profit is profit no matter what and we should be thankful for it no matter how small or big it is.
I remember hearing that there are still profitable airdrops nowadays some got huge profit from it and others prefer to hold but the value went down after the hype and regret not selling it on the peak price,
But for me they should really be thankful no matter what they got at least it is from airdrop they didn't work hard for it, It is like free money after all.

Lesson learned a long time ago.
I don't wait too much if it ain't that special for me.
I got like 3 in my altcoin list that I fully support and until now they are still kicking.

But, there are projects that need to be sold after listing.
Sell and leave. That way, you won't regret it if ever a strong pump happens. Never look back.

Profit is good but if we went to follow that advice with every single investment we'd always end up with a low/mediocre profit.

Many early Bitcoin investors did that mistake and sold when their investment doubled. How would you feel now if you had 100BTC bought for $100 a coin and sold them all for $300 in 2013 and then came back in 2017 to see 20000 USD?

Of course the above doesn't change that most altcoins are bad and will depreciate in value over time. You have to know what to hold.

The thing is that we all are greedy and no matter how big gains we are seeing we will aim for more and more, I confess i have missed to take profit many times just out of greed thinking that price will keep going up. So yes we do need some profit taking strategy.

Obviously the temptation to make huge profit with new altcoins can be harmful we mustn't wait too long for a suitable time because circumstances may be change anytime it's better if we're in profitable state then we must take it, falling in temptation to make more profit could end up with loss.

You should always try to see none as an option, because if you do not see none as an option, they will make sure that your half bread is standard and nobody should expect a full bread. If you focus on the small givers and half empty promises and basically just bad practices just because you made 20 bucks that month thanks to it, instead of 50 bucks you got promised, you can't just say "well 20 bucks is better than 0" because that means "20 bucks is fine when promised 50 bucks" as well, and people will use that.

This is the reason why try to get all of your bread, try to make sure you got everything you earned, and if not do not shut up about it just because you got paid a little, that is a shut up money and not what you deserved, you should still continue to complain and accuse the people who didn't give you the full bread.

I know someone he bought meme tokens when the price was still high. However, because he is an NFT artist, he said that it was not because of profit or not. An emotional decision, but it does exist.

exactly, we should be quick because if we are weak to access in any part from the desirable trading I think even half of the bread we can't get even a little. because every round in life has really had a failure situation, as if always with thorns.

Trading surely requires patients to have success at the end time. No need to be in a haste because you can regret from a wrong move out of rush. Taking it slow in building the trade can help in confidence level and you make little mistake that won't destroy all you have built.

It is really true that investment on altcoin is so risky at this time. 2018 was a good year for investment in altcoin. If we want to be safe then we should invest on bitcoin, ethereum, BNB but profit won't so high.

That is why the cryptocurrency is said to have a very big risk because the price is so volatile and there are many unexpected projects where they will survive to continue to develop it. Serious projects will certainly be easy to pass because they also build strong communities. Take profit and quit if you don't believe and if ready to lose then hold on.

This is the exact same thought process almost all the bounty hunters have as they do not want to wait and hope for better prices hence they want to dump as soon as the coin gets listed on the exchange at whatever the value is, if even it is 1/10 of the expected value. I don't want to say this mentality is wrong or needs improvement but frankly speaking sometimes if you wait you can earn so much from a single token which is more than you will earn with all the coins combined in your life.

It all depends on your financial situation and if you sell for a living then maybe it's right to sell asap but if you have enough stability and only earn these tokens for savings and enthusiasm then waiting might be worth it.

The biggest problem is that most of the new projects when listed on exchanges their price keeps going down. You have rightly suggested to take profits but how one can take profit when the price stays even below the break even. This is just like getting trapped but lets hope that the market will improve in investors favor soon.

If you don't %100 believe for a project, then you are right, it's risky to stay for a longer time.
Most projects are like that, take profit and leave until next bubble or hype. But there are some coins that prove their quality and you don't have to worry about such thing.
For example I didn't trust Ethereum when it first came out, but now it's proven quality coin despite some minor problems.

Yes, it seems that the defi hype is totally over. But they have established a market that can continue on its own even without the hype that it needed before.
The newest projects shouldn't expect a lot that the investors will chase them as if there's still a lot of money that can be profited in them. Money was overflown to the defis and it wouldn't be the same anymore like the old projects.

Even if the noise of take profit is been alarmed everyday, some inventors wouldn't listen, what really kills them is stinginess.

Defi is yet to stay, same thing as shitty ones too without background use case, investors will still fall in the trap of patient holders thereby losing drastically which the initial price can never come back thereby leaving investor in recovering phase instead of hitting sell button taking profit even if 5% gain. It pained seeing investors ignoring the slogan " take profit"

Some coins may give initially, some coins may give profits at the unexpected time, and a lot other coins will never ever give profits to the users because the project team itself will dump them and make it worthless.

Again, i think it depends on the project's team capability. there are also a lot of projects that have good team member that can still maintain their prices, but you also must know that this is crypto, we all know that its high risk

It's always in the blood of newbies to become a future whales so they start holding any tokens they can get their hands on, I've done this years ago and it never favour me, I end up losing more money in the process, many coins and coins I hold turned into pennies right before my eye, I was in more debt and I couldn't feed myself well but things start changing when I changed to taking profits, I'm now able to feed others around me as well, just my own experience

It's not entirely wrong to hold but make sure you hold only what you can afford to lose because there is no guarantee that the coin will survive in just few years later, some projects turn into shit coin in just under a year, you need to play safe by taking profits and holding few tokens that won't hurt you if things don't go as you wished

Many projects will dump once trading starts on listed exchanges, I'm sure bounty hunters know what I'm talking about, go to coinmarketcap and do few research, how many projects that are launched in 2018 and 2019 still hold their value ? Their ATH and today's price are like day and night, taking profits will guarantee you with having something to lean on, stop chasing ghosts already

It's good advice but it's safer to be ready for any positive or negative outcome, that's why taking profit is good, you can hold few coins that you sure are good but not taking profits and just holding will put you down in a rabbit hole, you may end up having nothing to show for all the years you've been into crypto investment

if you buy just "speculative" projects, what I define as the last hype, you can't have any other outlook for your investments.  
But with some other coins, selling immediately coins is a huge error! Or at least has been in the past ... Just look most of coins launched before ICO hype 2017 in top 100. Waves, ETH, Rai etc etc a lot of coins have get a strong re-evaluation during the time.

Crypto is unpredictable, there are some people who make the right decisions and choose the right projects and succeed, but it takes time and persistence. There are also those who want to get results quickly by taking big risks.

That is right and indeed they have a certain life time after which they become dead unless they have a real use case and some big developments coming behind the coin.

I also trade alts for example for UNI gave away free coins, I knew the price will drop but then rise slowly as the dumps have finished so I bought some when the price dropped after initial listing and then after 1 week or so I sold all the coins for small profit. Had I waited for more profits then I would have been in loss by today's price. So it is worth selling the coin with small profit instead of hunting for big returns unless you are sure that there is some development going on and there will be demand in market in coming time.

Top altcoins that have been traded in the cryptocurrency market for a long time will always bring income, you just need to follow these top altcoins very carefully and the developers of these top altcoins publish various updates on an ongoing basis, you just need to always make investments wisely and then the profit will also please.

I'm agree with you. I have a lot of bad experiences with alt. Nxps, Dent, Cred, Dcn, Lcd etc created a lot hype in 2018 but all of them are seems to be dead. No update , no development! Still i regret for not taking profit that time  :'(

That's why many tend to stick to Bitcoin, because it is far the most safe investment regardless of the volatility it gives, unlike many altcoins that just tend to dry up overnight because of many dumpers. It's like a common custom now to many new projects and that's quite scary to think of right now to be honest.

if you look at a new project of course there are concerns, but if you see alt like eth, bnb, links and others of course it is safe and will not be as scary as the new project you say.
only if you choose the correct alt.

investing in new coins still requires a lot of luck
because no matter how much you analyze, if you do not have luck
 you will not get an increase in your investment
I've already seen a huge number of new projects and invested in some of them
those projects in which I invested because of my instinct - I was lucky to increase my investments

scary from the number alone there are more than 1000 types of altcoins so it will be difficult to determine which one is good and which one is bad. And since you mentioned 2018 when the bullrun effect was still there, some alts still went up from that. but once finished everything returned to normal and the coins that were under bitcoin had also increased until now. so depending on you choose the coin does not mean all alt is bad.

The most important thing for anyone investing into all these tokens is to know that they can go to Zero value, so when you have this at the back of your mind it will help you make a good decision. What I advice is that once a token has done 2x, take your investment and let the remaining investment to run. Do not be greedy, just look at some of these DEFI tokens, some have lost 90% of their value since September high

Yes, you are very right and for that I prefer projects that have very high liquidity and prefer top altcoins to make it safer to store assets, especially in USDT

You are talking from experience, you know how painful it is to discover that your coin was never better than its first value. This could discourage the sense of hodling, the problem is that we want to accumulate coin till bull run,well! Maybe it will pay some. one just have to be sensitive and smart at it. I support you take profit as it comes and hope to have more from the few at pump.

It helps to bring much better assessment that in any moment the value may drop, you can anticipate things much earlier and have a better
decision making before things happened.

Safe strategy as who knows how far the value may go, but keeping your initial investment really a important not taking much bigger risk to lose instead of gaining from your investment.

Just like how ICO's turned before, learn from this kind of situation and never to be greed for you to save your butt experiencing the same.

Honestly I fear for them, they always have the initial hype  at the start (once the coin is been listed) , but after a year or two only a few of them proof to be really worth investing on, remember all those altcoins that were big back then in 2017 when crypto was booming? Well they are now shitcoins :D, I bet 90% of them are even dead, most of them failed to live up to the expectations or what they promised, for me I will just stick to reputable altcoins, although no altcoin is safe, but at a least they won't become a dead project anytime soon.

Firstly i like the Profit is Profit either big or small.. the main problem with trading altcoins is that they are numerous altcoins on coinmarketcap and most newbie traders just pick which ever the like and they end up losing funds but I would still go with the advice that stick with the stable coins that have proven themselves because they are way more reliable

The most probable reason why bitcoin was the favorite investment here in cryptocurrency. Of course the mere fact that bitcoin were already established its project and the most profitable token that you can have. There's a lot of altcoin that has been developed for the past 2 years but then Ethereum was stands out among them. Altcoin were also good as investment but there you have a fear of you can generate a profit from it. So in terms of altcoin go with ethereum.

You are right, just like what happened to me lately I got tokens from the bounty campaign I joined, I didn't sell it because I thought it would still have a high value later on but the result was end up with nothing, it really disappoints me, and I regret why i didn't sell it when there's still a chance. Because the pursuit of big profits sometimes leads to nothing, so it is better if we have our profit even if it is small  we should not seek bigger because it is difficult to trust new altcoins mostly they pump and dump and can not get up anymore.

Actually I lost a lot of money because of that mentality, waiting for an altcoin to increase in price to take profit, and then hold to die. Perhaps alway take profit is the best way to survive in this market.

Thats why new altcoins nowadays don't sell that much unless they attach Defi to their brands or its already a working project. I'm also a bag holder of some altcoins before luckily I disposed them early back in the day when they are still worth something but now I didn't hear news or updates most of them. Thats why everytime I made a decent profit I sell them even in short term because there is no assurance in every investment even if you have investted in the top coins in the market.  

I agree with your Profit is profit, either big or small. It really scary if you still have that altcoin in your wallet, and the value of it might not give you a profit, or the losses on that altcoin is too big that you still want to hope it will pump soon. At least right now, we know that we should convert to a profit even if the profit is too small.

Once upon a time I was so hooked with the word HODL, it's all I ever dreamt of, becoming a whale some day shouldn't be that hard, that's all I thought but after losses over and over again, all in the name of holding I finally end up breaking the chain. .. I prefer taking my profits, even if the token grows big later I won't regret

It's amazing the journey you have been on in the past, because I myself really hate the word "HODL" because with that word I can't have what I want anytime soon, so I always sell all the coins I get from bounty and Airdrop campaigns, because for me, having assets is significantly more valuable than anything.

yes i totally agree with you, i used to hope that the value of the coins i have will be valuable so i hold onto them but what do i get ?? It has absolutely no value now, and now I don't want to be left behind, I will take whatever profit I will take, because I don't want to lose my profit anymore.

It hard for new dealers to pick and they wind up losing. that is the reason its a smart thought to adhere to alts that have been tried through occasions and keep on indicating progress and dependability. This is the best model for desire versus reality post. It's anything but difficult to guarantee a splendid thought during introductory stage however the greater part of them didn't proceed with the advancement because of some unique part as of now leave the gathering after they got there share on the symbolic deals that bolted for a specific timeframe.

there can be no identical strategy for all tokens
some tokens fall in price immediately after the start of sales and never rise again
others, on the contrary, with the start of sales begin to grow rapidly in price
it is difficult to guess whether you need to sell right away or you need to wait
I usually divide my amount of tokens into three parts
 I sell one part immediately, the second a little later
 and the sale of the third part depends on the price increase

best time to catch alts is when a big update is happening or when it just realized, is better to watch out for release dates and then when huge updates are coming Is really easy to get some 5x with those simple strategies I think

Depends on many factors, the technology, the business, the team. It is safer to invest in top coins since it has a more solid business compared to other coins, the lesser risk. Still, no one can predict what can happen in the future, even bitcoin might die out. We can never know.

We'll never know whats going to happen for the future of altcoins it can turn to shitcoins for losing its value or stay because it has progress still. Op is right, always take profit if we had a chance because the price is unpredicted. I have alts that I bought 2 years ago, it has value but not acceptable to sell, im still waiting for the right time. Now I regret not selling it before when the price is good to take profit.

Those who haven't lose money on crypto space before will surely say otherwise until they learn too, not taking profit is completely greediness to me, Rome wasn't build in a single day so why hoping to make a millon dollar overnight? Just like that? Well I know some made biggest money in 2017 but the chance that we will see a year like that again is very slim

Therefore, newbies should better invest first into Bitcoin. They can hold it for all the time, and spend months (at least) learning the crypto market ABC. Only then, they can start buying altcoins they like and further, trade using them.

It's anything but difficult to guarantee a splendid thought during beginning stage however the greater part of them didn't proceed with the advancement because of some unique part as of now leave the gathering after they got there share on the symbolic deals that bolted for a specific timeframe. Now and again even an altcoin with great exchanging volume go low with low exchanging volume no time. This is extremely large danger, since we've gotten it at a lower cost and the cost has developed pretty much nothing.

I have followed this strategy myself but believe me for forex or commodity market it can work but in crypto market this strategy will give you more stress and confusion because everytime you take profit you will regret that your profit could have been bigger if you have waited more.

it all depends on how the price of the coin you sold further behaves
of course, you always want to make the most of your profit
however, it is worth understanding for yourself that it is much better to get at least some profit than losses

You cant really avoid for someone not to think to held up into their coins on where they do believe that it might really shoot up its price in near future.
We do have that kind of hope thats why we do hold into something when it comes to expectations.Profit is indeed profit but some do prefer on taking up some
risk neither its a strategic one or would really have that kind of gambling way of perspective.Altcoins can really give that kind of opportunity but
taking some shot and the odds for it to happen is very less.Diversifying is being suggested but be careful on dealing with alts yet there are tons of
options to take from but it do vary with some sort of luck and of course you would need to make up some research.

If you are hooked to the term HODL to bitcoin then you might have  made a fortune and that cannot be said about the countless shit tokens. Everyone made their mistakes in the past and i was silly enough to hold some of the coins much longer especially tokens and there is no way i am going to get my capital investment nor expecting those to move again. 

That is correct, expecting too much from a project and holding for it for too long losses you an opportunity to earn and let your portfolio grow. Sometimes you need to get your profit and move to the next project. Some projects only spark for a short time and become stale in the later part.

It's why I don't like holding altcoins for too long, they lose value when you least expect, the best time to start buying altcoin is when bitcoin have surge to a new all time high because once dominance starts losing steady whales will take advantage and pull the profit from bitcoin into altcoin, talking from experience, when bullrun is alive is the best time to start buying altcoin

yes as different relative on accounts with abbreviation as trader works on custom of decision to gains with maximum number of returns and manage to lasts the longer on similar plan before to begins with the different terms on projection.

Excellent, the best way to invest in altcoins is taking out capital when in profit and leave the profit to run. This works for decent projects, at least a project you have some level of believe that the team is cool, developmental progress is ok and a strong community supporting it. However, for projects with just hype and no serious development, it's good to take out capital plus profit no matter how little the profit is when necessary. Greed kills, this is a norm in crypto. I had the opportunity to make good profit from PAZZI but I got drowned due to greed. I learnt that lesson the hard way never to be greedy with any altcoin.

Now that the market is greenish I believe that altcoin season is not far away anymore, if you don't have a plan or target you will always get crushed, do not be greedy, no profit is too small as profit will always be profit, again it's not the end of the world, if you make a small profit today you can make something better another day

it seems to me that the altcoin season has already come to an end this year
we are now seeing bitcoin season
it rises in value every day
 and altcoins fall in value relative to bitcoin
DeFi projects are also gradually ceasing to be profitable

Profit is Profit, either big or small. This a good point but I want to ask how much you category as small profit?? $1 $2. I don't sell my token if only get such a small profit

As a little investor, I want to make sure that my earning is not under $10. "Half bread is better than none"?? I don't think so

Easy to get 5x?? I thought you were rich now if it were easy, but I see you are still not rich. So nothing easy in crypto. Especially for 5x profits

altcoins are unpredictable, if you get 30-50% profit take it, but good altcoins in my opinion there are some pretty fantastic increases such as TWT, Solana (SOL), XLM, CRO, this is not a promotion but I am following the developments from April 2020 until now

It is never possible to invest without risk i also like to hold for a long time but should not hold for too long this often leads to higher profits which in turn reduces the value of the currency done a lot of bounty and i got the token but didn't keep it for long. A certain amount is actually sold as soon as it is received now most of the bounty are being scammed not giving any tokens after the project is over whatever comes will be very profitable bitcoin is the best currency for long term investment.

For sure profits are always good no matter how small or big and obviously better than facing loss in greed for more and more. Another advantage of ending trades in profit is that you have a positive mindset for next trades and you start to believe in yourself.

I have seen traders who earn regularly and the biggest strength for them is their trust in their own ability and confidence is such a thing that it can make magic happen. Someone who watches UFC or MMA knows how much confidence matters and similarly in crypto investments when you end up a trade with profit it gives you positive vibes and you take decisions with even more confidence next time.

but not all of them dude, if you think the new project is better for profit, but not really for me. New coins are even more risky compared to old coins that have been listed on the CMC market. but ultimately it all depends on market demand and how serious the team is in developing the project.

You are right but this will change very soon as altcoin season will begin probably early next year 2021, the idea of taking profits is only good when we are in bear market season, but now that it looks like altcoin season is here it's better to hold

indeed there are many good projects that were born in 2018, but now their prices have fallen and are difficult to increase,
only a few that I see are extraordinary projects, Utrust is one of the old projects that are still alive,
even though it was reported that the Utrust project was dead, and Dent this project is good, but is still asleep.

It becomes very scary because altcoins who seem to be still active both in project development and active in the market even have a chance to die.
We assume that because we have also seen how many altcoins that look pretty good but are now dead without any definite reason.

That is right but I always consider the profit you made should now be treated as bankroll or capital itself instead of looking at it as profit and taking unwanted risks. I agree though with decent and known projects you can do this but really profits are part of your capital the moment you earned them and must be treated the same way.

But if you know a project is all hype and has no development why would you invest in it first of all and then if somehow you invest and able to make profits then really just take whatever the profit is, agreed on that part but finding which project is all hype is difficult.

Too many new projects end up not fulfilling their aims that's why its smarter to take profits when you see any, most new projects have no guarantees, after few months or years they start fading and stop following their roadmaps, if you want to hold altcoins go after top altcoins only

Indeed, many altcoins that came out earlier are now ghosts. For us, this is an example that not every crypto asset can be successful and give us good profit. Based on this, you need to decide what is more important for you, get any profit or take risks and get nothing at all. I decided for myself that I would sell a part of the cryptoasset and get an affordable profit, the second part of the crypto assets I would keep in the hope of growth and big profits.

There is always a reason. If you did not find the reason, then you were looking badly. Projects die for various reasons, first of all, not the consistency of the team, or the idea itself.
Many projects face a number of post-market problems that they cannot cope with. There are always reasons, finding them you will understand why projects die.

Greedy people won't accept that profit is profit, they have higher aims to secure so they will keep striving, is greed the real enemy here? I don't think so because some times your greed can bring you food fortune, crypto has a way to messing with investors I believe that's why it's better to always take profits, there will  be more disappointments than positive results

I agree, especially for the new projects they are really risky and so if you see some profits don't be greedy and take it and don't wait for it to crash before selling we all know that we wanted to maximize the profit we can get from new projects but we are not sure when is the peak of it.

I believe you should make decisions based on profit in percentage rather than in dollars because based on how much invest sometimes $5 can be a big profit if imagine you invested $20 and sometimes even $100 can be small profits if the investment is 10k+ so it really depends on the amount in my opinion.

Well said, indeed one would be rich and busy as hell if they were earning 5x profits without any problems.
Thing with investment in crypto is that at times you will feel like wow it was so simple and I got 10x profits while at times you will scratch your head while you invested in such a project, for example an ICO where it is not even likely to get listed on exchanges.

I have myself experienced similar situation in the past but these decisions are very complicated because you always have hopes about the project. Sometimes you see small negative things about the project but you try to stay positive and ignore those but i think when you start seeing such things it is better to exit than seeing the ship crashing.

In making money
 you need to rely on your mind
 skills and experience
if you constantly rely on luck
 then someday it will fail you
therefore if you can earn less and without risk
 then it is better to do it

That's actually the hard truth. Some altcoin could just gone into oblivion within span of few months and imagine owning that alt, money gone become dust without knowing. BUT, it's the same as anywhere else. You go buy company stock it could go down very hard just becaue the company makes some mistake. Investment is not as easy as people might think. You see people in youtube, tv they always telling us to invest to generate easy money but honestly they are just some BS and yeah half bread better than none. Usually when people gets greedy want to take as much profit as they can they instead losing.

Not quite true, the old coins had different strategies depending on their marketing. The most important thing is not to necessarily want excessive profit, too high expectations can make you fall. always take profit first

Investing is not easy, there are many mistakes that a beginner may experience, even a professional will definitely experience defeat,
and always remember there are no consistent profits, so always be careful and you must invest in a safe place, if investing in cryptocurrency choose coins that have high liquidity.

Usually what makes it difficult for us to invest is ourselves because we are confused about which place to invest, whereas if it were me then I would prefer to buy as much bitcoin as I can for long-term investment because I see a very good potential in bitcoin.

Yes profit is profit, i agree
Ever since I have started to accept profit for profit I have not been able to count my losses like I use to do in the past

if you fear to invest in altcoins, just don't do it buddy, because the basic rules of investments is invest only what you can afford to lose,
if you buy some good altcoins in the time when you write this thread, i think you already get some profit now,,

That is why i chose low risk coins only as new coins with no development and unknown teams have low chances of success so staying in top coins is the right thing to do because every bull wave is going to increase their value massively.

Taking profit is always good, i have seen projects that peaked right after launch to multifold gains and then settled back around ico prices and even after many years they are still around that range. If someone trades crypto against fiat or stablecoin pairs then taking regular profits is something that is needed to stay profitable and liquid.

Everyone wants to make more profits and more money, same is the case with me but to be honest it really feels unlucky sometimes because the coin or token that i sell later moons while the coin or token that i keep in hopes of further growth in value dumps down regularly so all i want to say is that market is mostly complicated and selling decision can be very confusing.

This is one of the best course of action if you're afraid and not confident. Choosing a low-risk investment than a high risk, high reward investment is better if you can't afford to lose money. As the OP said, b]Profit is Profit, either big or small.

Profit is profit, either big or small.
You are right. If someone profit is 2$ by investing 10$.
This period if someone invest 100$ his profit is 20$.
How much profit you got is not the matter.
Matter is how much you invest.

Taking small profit are suitable for stocks trading but it's a bit different for crypto.
If you have bought bitcoin now for trading, taking small profit are the key here as you don't know what the direction of the price would be.
But if you bought bitcoin after the last bull at something below 10K, holding it to at least 15K would be a much better decision as we know and trust bitcoin. The same can't be called for most of the altcoins but we can trust the ones that have been here for long.

Cryptocurrency itself is unpredictable, when you selling some are buying and vice versa. The painful one is when you sell and the coin rises more in value, but yet most painful is when you refuse to sell and the coin falls bitterly, which one will u prefer?

In the event that you are hoping to purchase those reasoning that they will be enormous some time, at that point you are being absurd with your ventures. A vaporware it may have been and in this way you should move your concentration to bitcoin. Indeed, even their sites, they are unmitigatedly duplicating others. I trust individuals are presently more brilliant than previously and don't succumb to the expectation that they will get their wealth from these defis.

not really. Altcoins aren't that scary. it all depends on the perspective that you instill in yourself. Well, it can be scary when you're trying to make a big investment or all in all the assets you have, without really knowing the potential that the altcoin has. besides, the right time to invest is also needed.
however, I agree with the opinion that it is better to take small or large profits. Well, as long as there is a chance, and you are not harmed by it, that is a very good thing. well, we all have a strategy for this. If the altcoin movement was really scary, I don't think there would be any development in altcoins since then.

I understand what the op means, unlike btc, eth and some few top alts, majority are too risky to hold long term, the problem is we can't really know which alts will perform long term and still keep strong, so according to op, once the alts you hold give you profit, just take it, don't wait for big profit because you can lose the small one before.

Many factors to consider when determining the best altcoin to buy at any given time, In my opinion, cryptocurrency is a fantastic investment, to choose the right investment is quite a difficult decision, there are so many Altcoins that have looked amazing, like Ethereum, Litecoin, and Ripple. The main key is that you have to know how to trade on it, Once you know how the market works, you will be smarter to invest.

greed is bad
you need to be moderate in your desires
however, if you mentally understand that the project has not yet reached the limit that it could   then you can wait
don't wait too long
I waited many times and it brought me nothing but losses
new projects rarely live more than 2 years in the cryptocurrency market