[ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions

After losing 6 grand, all I had left was 400$ in GAME. I was just tired of losing so said screw it and pulled it all out.

O-M-G.

Yeah, All I had to do was say screw it and leave it there Sad

The biggest lesson is that you never dump a bag for dust. I would rather let a coin die with a bag and lose $100 than to dump that bag and live with regret of what could have been had I kept it, which could be significant. I know it is a harsh thing to say but it happens to everyone at one point or another where you make an emotional decision and that is how you learn. Unless you have the guts to be a day trader, buy stuff with reasonable prospects, park it and forget about it. Don't get emotional about price movements, don't sit and watch the graphs all day. Just park the coins and forget or maybe make ROI and park the rest.

I mean... It was a lot different back then. $400 meant a hell of a lot more than it does now. The Bitcoin and altcoin market has gone up hundreds of times since then. Most people in the game didn't have that much money to go around. Hell, when I had about $400 in crypto, I bought game at 5k sats. I'd have a solid profit if I hodl'd it, but I sold at 6k instead. And this guy was around ages before me.

True that. It once happened to me as well. That is where I vowed never to do that again. All the people that are complaining about the eMGO compatibility should be thankful that they are forced and prevented from making an emotional decision. Just hodl, hodl, hodl and in the event that it crashes move on.

A friend of mine bought around 4m PIECOIN right after their ICO when it dropped to 4 sat each. Came out to something like $200 USD at the time. It pumped-and-dumped, and I got out at a meager 400% profit while he just held on and said he was waiting for moon or bust. I thought he was crazy to hold instead of selling his bag for 700% profit. Then the price plummeted back down to 6 or 7 sat and all activity died. All of a sudden a few weeks ago PIE starts reviving, and today its worth 170 sat and his $200 is suddenly worth around $20k usd. Now he's laughing at me!

Moral of the story: Hodl or bust.

This is kind of a silly takeaway from everything that happened. If you rebought at 6-7 satoshis after taking your 700% profit you would've made off much better. Best strategy with pumping coins is to sell off in increments, that way you don't sell off prematurely or miss the top, even if it costs you a bit of potential profit.