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Author Topic: I have learnt my lessons  (Read 23615 times)
abojamal
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December 29, 2018, 10:18:19 PM
 #281

It's true, dear
Always rushing and tension are the cause of each loss
We must be patient and calm in order to achieve the profits we want.
 

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December 29, 2018, 11:25:31 PM
 #282

Well if this your first time in crypto and first time also to receive some bounty rewards and you see in the market that the price of the token you have was enough maybe you can sell it early but they have time you cannot hesitate to sell it because of your excited and need some money.

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December 29, 2018, 11:28:25 PM
 #283

The main lesson that you could learn is that it is not necessary to work on a bear market, because it is not as profitable as it may seem at first glance.

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December 30, 2018, 02:48:16 PM
 #284

Well if this your first time in crypto and first time also to receive some bounty rewards and you see in the market that the price of the token you have was enough maybe you can sell it early but they have time you cannot hesitate to sell it because of your excited and need some money.

I think bounty rewards are meant to be sold early if you're a bounty hunter. Not all tokens you get from bounties will be placed in an exchange and if ever they do, price pumps and then drops back to ico price. So don't hesitate if you have the chance.

 
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Mikell556
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December 30, 2018, 02:52:03 PM
 #285

Trader should be able to control emotions before decide about current trade. Maybe greed wouldn't let you to close position in green but it is just  matter of time to go back in red zone. In case of losing money traders need to cut losses in order to minimize possible risks.

For traders, the fall of the cryptocurrency market is not a bad time. You can also make good money on it. Especially if you know how to trade on arbitration.
elcezireex
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December 30, 2018, 05:23:56 PM
 #286

I agree with all of your opinions especially we shouldn't sell every coin we get, most of the coins I sell their value increased after I sold them.
Parabellun1917
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December 30, 2018, 07:21:20 PM
 #287

It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
Hello! I totally agree with you. We must be patient. But do not forget that you do not need to be greedy. I think this year the market has taught us a lot of things.
veekky
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December 30, 2018, 07:29:17 PM
 #288

I believe that it is more profitable to hold tokens when you are going to make 2-3 x and then sell them.
Don't wait for 10 x, it is better to pick up 2-3 ICO with 2-3 x than wait for 1 hidden gem
gowobonyok
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January 01, 2019, 12:58:35 AM
 #289

because the impatience after receiving tokens from bounty is a reasonable nature, because working in a bounty also does not issue capital. yes, indeed we spend time working there. I often can't wait to sell right away, because waiting for the token price to go back up is also very slow, so I always decide to sell right away. but this time it's better for the hodl, the market hasn't recovered and the ico rate is still very low.
connecoin
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January 01, 2019, 01:21:57 AM
 #290

It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
Practically speaking, this thoughts of yours does not help as of now because the downtrend of the crypto market is continously moving. We just have to accept the fact that cryptocurrency now is different from last year.
kiansantan
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January 01, 2019, 01:34:20 AM
 #291

I often can't wait to sell immediately, because waiting for the price of tokens to go up again is also very slow, so I always decide to sell immediately. but this time it's better for the hodl, the market hasn't recovered and the level of ico is still very low.
Wipangga
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January 01, 2019, 01:35:00 AM
 #292

yes, I also agree with you, it's a good idea to wait for better prices, so you won't lose your profits at a more favorable price.
Japinat
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January 01, 2019, 08:23:08 AM
 #293

I often can't wait to sell immediately, because waiting for the price of tokens to go up again is also very slow, so I always decide to sell immediately. but this time it's better for the hodl, the market hasn't recovered and the level of ico is still very low.
Actually it's based on your goal, everyone has a target and if you cannot make a trade when your target showed, that means you are greedy.
It's a bad attitude and admittedly I was so greedy last year resulting me to not sell my holdings, now, I'm currently at a loss, so I think it will take a while of holding now as I'm not gonna sell at a loss.

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legenduim
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January 08, 2019, 07:14:09 AM
 #294

I agree with you. Unfortunately newbies often lack the patience to hold earned tokens for a long time to get a good profit. Its time to learn to appreciate not to work for pennies.
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January 08, 2019, 07:18:47 AM
 #295

As for the sale of tokens at a lower price, this is quite frequent, but sometimes the right action. With everything else, just develop patience and analyze every step.

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January 08, 2019, 07:24:59 AM
 #296

As for the sale of tokens at a lower price, this is quite frequent, but sometimes the right action. With everything else, just develop patience and analyze every step.
Yes, sometimes there is no sense to hold coins, because their price is extremely low and probably it will never return at the top, so sell these coins.
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January 08, 2019, 08:10:41 AM
 #297

You are right, eager to sell is never the best, most of the time I prefer to decide whether to sell according to my own judgment. I will analyze a lot of data before I decide.

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January 08, 2019, 09:02:53 AM
 #298

Just as living daily is a risk
That’s the fact about hodling, it is the biggest risk in crypto currency
It can bring you profits and also it can bring you abrupt losses too

We can only try to find a balance between hodling and selling
bountylayomi
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January 08, 2019, 09:17:20 AM
 #299

One thing I have learnt in this life is that we continue learning... Life in itself is a kind of learning process that continues. I sold my hydro token for a peanut, and ever since then I hodl almost all my token until my target price is hit. It's very good to hodl most times.
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January 08, 2019, 09:31:43 AM
 #300

The best logic and thing to do is set a trade target. If it gets here I buy if it gets here I sell and also be contented with the profit you've made. Have you also asked yourself what if I never sold and it dumped on me. Some dumped coins never make it out alive.
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