Mistake you should avoid when holding your Altcoins

[pedpedped101]

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.

[Fumzy]

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.

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

[dolcefarniente]

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.

[Nesbee2]

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.

[michellee]

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.

[Genemind]

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.

[Huntler1993]

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.

[SinLinJim]

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

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.

[msbtrooper]

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.

[jhonjhon]

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.

[Lpim01]

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.

[Wildwest]

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.

[andrejka]

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

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...

[Altryist]

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.

[Dobby070]

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

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.

[daniel002]

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.

[jpnl0008]

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

[cryptogeek101]

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

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

[isen]

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

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.

[ckorbba]

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

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.