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Author Topic: A piece of an advice  (Read 366 times)
FireBallex
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December 02, 2019, 07:16:36 PM
Merited by joseyphil82 (1), VDraci (1), DDante (1), OasisDre (1)
 #1

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

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December 02, 2019, 09:24:53 PM
 #2

The money is yours, the choice is yours. By investing this in the "blind" research of others you take big risks or by doing your own research you take smarter risks. Almost everything in the community is paid, why should someone share with you the research that he has done for months for free? There are members like this around, but as they mix among other noobs, it is hard to choose. It is best to bear the consequences of your own mistakes.
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December 02, 2019, 10:08:53 PM
 #3

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

For me; if a project drops 85%
The end is near in terms of better price

But how do you contribute to a projects growth without your money ?
You can only dyor, invest; dyor again and hope for something better

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livingfree
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December 02, 2019, 10:25:33 PM
 #4

Our money, our responsibility.

And you don't have to be dependent too much with others opinion and decision. Learn to decide when you must sell or keep holding. There's more on this market that everyone must learn and experience. It's not just about holding but you're also building yourself being a patient person.
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December 02, 2019, 10:51:39 PM
 #5


Your quote is really suitable to be seen by the long term believers that blindly hold their coins until it worth zero value. We have a lot of choices but why are they still holding their coins?

It's a better scenario when the coin can defend its value even it was losing more than 80% of its value but the worst case it can go to the zero value anytime as the price was going to the bottom. That's the holder's choice when they wanna hold it for long term without doing any research.

Another possibility to get drop 100%.

inure 
 

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BigBoy89
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December 02, 2019, 10:55:05 PM
 #6


Yep, that's why every person is obligated to do his due diligence if he doesn't want to lose or waste money.

I was a huge NPXS fan.. until the moment they stop dividend distribution. Then I moved to another project and so on. The idea is to look at what is good for you, not blindly to hold any coin.

 
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December 02, 2019, 11:20:41 PM
 #7

It's important to identify a dying coin. A dying coin has no updates no adoption no real world use cases and keeps going lower. If it has a rally from time to time and goes up by  a thousand percent to later have another loong bear market it's all good.

Coins that keep getting lower highs and lower lows and coins that have scam accusations or some other shady things going on are the ones you should stay away from.

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December 02, 2019, 11:26:53 PM
 #8

In the first place you need tobe aware if the projects arr legit or not because in crypro world everything is possible dont rely on what you see, always protect your fund/cash and avoid lossing the 100% of your money the coins that have no real product and developer inside are those project that easily destroy.

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December 03, 2019, 12:44:09 AM
 #9

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty

It's still up to the holders if he is patient enough to hold his coins as much as he wants and as much as he can, but you are right in some points, there should always be a point where you can sell for profit, and since the market goes up and down, you will can always buy when it drops again, short term profit is also good if you can predict the market.

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December 03, 2019, 01:31:34 AM
 #10

This is why you should set a price where you cut your losses before you even enter a trade. You don't want to be emotionally affected by a trade and be scared to cut losses while you're already in it and down in profits, and as OP said, there's no guarantee that even major cryptocurrencies won't go to zero or take a significant cut in prices. Determine how much you're willing to risk before investing, and determine potential rewards and size your investment accordingly. I've liked plenty of projects in the past (especially Bitcoin), but I've never become extremely attached to any of them to the point that it's overridden my trading and investment logic.
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December 03, 2019, 01:52:48 AM
 #11

Yes, this is what I like, our money is up to us. To hell with others who talk like gods know everything.
We do something there must be some careful planning and of course, we already know the risks. But sometimes there are people who like to blame our actions. What I'm confused about is why these people are too fond of taking care of other people's business, but they don't necessarily know what's on our minds.
They can give advice but not to judge whether we are wrong or not.
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December 03, 2019, 01:57:49 AM
 #12

All in all, it all comes back to you eventually. It's your call, your choice, none other than yours.
DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!
This is the funny thing, just because some other strangers on the internet said that you should hodl, doesn't mean you have to follow their advice.
This is why, when someone just blindy invest on something especially if that because of someone told you so, when the outcome is the opposite of what is expected, who are you going to blame? The person that gave you the advice? Smh
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December 03, 2019, 02:39:22 AM
 #13

This is the common mentality of everyone, when you do not understand something you need to learn, need to find people to be explained, nothing easier than relying on the advice of others. But being too dependent on others isn't always good, especially in the cryptocurrency space, which is rife with fraud.

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December 03, 2019, 02:40:38 AM
 #14

If I more keep the stable coin to not over risk our losses in this bad market. Very hard to find a really good project like NRG yesterday that resists dumper from airdrop yesterday. If want to hold a good project like this there should be a belief in what projects they run and the NRG is pretty good yesterday when the market is doing this bad.
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December 03, 2019, 04:09:08 AM
 #15

Hold is everyone's choice. Since it is our own money, it is our own duty to decide whatever we think is the best for our money.

I personally advice choosing the right coin to hold and to fight for even if it drops 85%. Let us ask ourselves, is it worth to hold? Or we should sell and buy another coin to compensate our losses?

Sometimes, holding is not always the answer. And yeah,
Our money=our rule.

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December 03, 2019, 04:13:12 AM
 #16

All in all, it all comes back to you eventually. It's your call, your choice, none other than yours.
DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!
This is the funny thing, just because some other strangers on the internet said that you should hodl, doesn't mean you have to follow their advice.
This is why, when someone just blindy invest on something especially if that because of someone told you so, when the outcome is the opposite of what is expected, who are you going to blame? The person that gave you the advice? Smh

Most of the time people don't even consider how biased all these so-called trading advisors are even they are popping everywhere including youtube and the funniest thing is people believe them despite not knowing their background. If it's not for some motive they won't take the hard way to make their own broadcast in youtube and any other platform just to tell people to do this and do that although some of the people can be trusted it's always better to stay cautious and not easily believing someone we don't know. Take for example the trading groups that uses everyone's resources to dump and pump based on their personal need.

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December 03, 2019, 04:31:16 AM
 #17

Every investors need to make sure that the project is real, no fake teams or scammers, if you going to hold a coin for long time and you don't want it to die while you are still holding make sure you do some findings,

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December 03, 2019, 04:35:54 AM
 #18

Hold is everyone's choice. Since it is our own money, it is our own duty to decide whatever we think is the best for our money.

I personally advice choosing the right coin to hold and to fight for even if it drops 85%. Let us ask ourselves, is it worth to hold? Or we should sell and buy another coin to compensate our losses?

Sometimes, holding is not always the answer. And yeah,
Our money=our rule.
At the end of the day in every decisions we take, it's only us who can define whether we did a good decision, either we hold, we trade or in any activities. We must know that it is only ourselves we need to blame if ever things didnt happened the way we wanted it to be. Always check the progress of each holdings we have.



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Rainbot
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ecnalubma
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December 03, 2019, 04:39:40 AM
 #19

Because a coin drops 84% doesn't mean it can't drop another 85%, trailed by one more 81%

DYOR, contribute, hold, take benefit, sell, Do whatever you wanna do however never "indiscriminately hold" since somebody said as much!

Your cash, your duty
Definitely its our own decision why we are involve in crypto and not because someone shilled it to us. Advice is good but only consider it a reference, through this we can practice making decisions independently. Your gains, your loss as an investors we shoud know how to play our cards wisely.

chunnu39
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December 03, 2019, 04:40:25 AM
 #20

hold reputed coin i.e btc eth if you want save investment but do your proper research before investment after all loss is your and profit too.
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