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Author Topic: I have learnt my lessons  (Read 23563 times)
D3m1r4wanti
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September 08, 2018, 03:52:50 AM
 #221

You have done a very good step. try to learn from the mistakes in trading that you have done. so you don't return to repeat the mistakes you've ever made. never fall twice in the same hole.
Rina Ambar
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September 08, 2018, 04:06:17 AM
 #222

but actually holding a token received from an ico whether it comes from a bounty or airdrop also has a risk, not necessarily the token in the future will experience a price increase, sometimes there is also a token in the future instead it gets worse and the price decreases, so be careful if want to hold tokens that come from an ico in the long run.

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wvizmanos
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September 08, 2018, 12:13:51 PM
 #223

but actually holding a token received from an ico whether it comes from a bounty or airdrop also has a risk, not necessarily the token in the future will experience a price increase, sometimes there is also a token in the future instead it gets worse and the price decreases, so be careful if want to hold tokens that come from an ico in the long run.

This is true especially to those ICOs whose supporters are fond of posting gifs and keep on asking when lambo, when moon. Good thing I sold mine before reaching rock bottom price. Moral here if the promises are too good to be true, stay away as far as possible from these ICOs
sinachy
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September 09, 2018, 11:52:29 PM
 #224

I think my own lesson is to do what i thought is the best at the moment, I have received some bounty tokens, and i opt to hold and today, it is worth nothing and I am regretting it, and  also I have gotten bounty tokens too, and i sold immediately, and later the price went up, so i have to do what i thought is the best and forget about it.
AlexAtom
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September 10, 2018, 02:57:43 AM
 #225

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.

Well, sometimes you must sell it below ICO price to cut your loss if you know there is no hope for the coin or token.
A haste decision won't bring you any where, just decide it with a clear mind.
We didn't know the future of our coins or tokens price, so we maybe made some mistake about it.

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congresowoman
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September 10, 2018, 03:16:54 AM
 #226

Entering the realm of cryptocurrency makes is realize that all we believe in when it comes to money is tested. Like saving and holding isn't always the best option especially at these times when everything is falling into dip. I think the best lesson I have learned so far is the term TARGET SELL. When you are holding onto a coin, you should set a target value wherein you sell, this is to prevent your money to go down the drain when people dump.

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September 10, 2018, 03:42:31 AM
 #227

Same here, I too have learnt my own lesson too, I will always take profit no matter how little when ever my coins make a profit, even if I won't take all, but I will take a little.

chandrarahmadewa
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September 10, 2018, 05:28:17 AM
 #228

Thank you for sharing your experience with creating posters in this forum for us, the impatience to sell bounty results often occur on the exchange market, but this goes back to the strategy of every bounty hunter.
kier010
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September 10, 2018, 05:37:42 AM
 #229

experience is the best lesson. i also experience this because i once sell my coins and later it goes up. with that i learn to be patience and hold it for a long time. earning always take a time and we should be positive at all times.
buboyskie
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September 10, 2018, 05:44:18 AM
 #230

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.
That is good really sharing your experience with us because honestly those mistakes are the keys in order for us to be successful here. All of us are really new with this kind of technologies, process and transaction but it is really good if you take those mistakes as a positive and not negative. Goodluck everyone.
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September 10, 2018, 06:05:40 AM
 #231

This does not always work. Sometimes tokens after the release on the exchange are falling and never rise again. You need to evaluate the product correctly, before deciding whether to sell or hold.
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September 10, 2018, 06:13:00 AM
 #232

True! Other people also made similar mistake just because of the excitement for receiving bounty token. However, it is difficult to rule out such actions when there is urgent need for money.
wedar001
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September 10, 2018, 06:13:32 AM
 #233

Most occasions, in the event that I miss a specific task that I know there is an immense potential for, I basically simply screen the cost when it hits the trade, and I sit tight for the fellows who are constantly upbeat offering at misfortune, since that is the manner in which I see it, and I purchase in for a sweet scrumptious offer that the devs would not have envisioned giving out. Useful for any individual who falls into this class of OP and it beyond any doubt serves them right.
ereborltc
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September 10, 2018, 06:26:26 AM
 #234

For digital currency investors, good projects, holding tokens for a long time, the profits are the biggest. Grin

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Skortish
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September 10, 2018, 06:28:43 AM
 #235

Not only newbies fall for this dough.
So from everyone, thanks for the tips its really a massive one and hope we all play safe in the cryptoworld.
Thanks ones again.
danwanyd
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September 10, 2018, 06:30:44 AM
 #236

I think these practices have been experienced by every investor who has just entered the cryptocurrency market.

If you need to get money and know how to invest better in the current moment, sometimes selling at an ICO price is a good thing.
judyrob
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September 10, 2018, 06:41:19 AM
 #237

it becomes a lesson which is certainly quite valuable in the investment. hasty or panic selling often becomes a large problem and it's difficult to be repaired. If they are aware thus hold would be better than having to sell whether it's in a State of loss or in a hurry to sell in the increase in the maximum yet.
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September 10, 2018, 06:43:50 AM
 #238

Thank you very much for your advices. They are obvious, but it doesn't prevent many beginners from breaking them :\ so thank you)

qiaozhuang4354120
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September 10, 2018, 06:47:24 AM
 #239

Yes, I also learned the lesson. I used to invest in some cryptocurrencies in the encryption market, but I did not wait for their prices to rise and sold them, so I will regret it because I don't have enough patience.
Trixie28
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September 10, 2018, 06:52:38 AM
 #240

I am totally agree with your statement. We should take your time before making a decision that eventually we will regret for our decisions. We should just be calm and do not panic on the situation what will happen.
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