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Author Topic: Good advice or bad advice?  (Read 675 times)
lousie9
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December 10, 2019, 05:09:29 PM
 #41

Yes, every coin has a chance to raise its price in the future, but I rarely find coins that can survive in the market and unexpectedly a few years later the price rises dramatically. actually this depends on the user, I mean many holders are impatient or choose to sell quickly and finally it turns out that the coins they sell have great potential in the future, on the other hand many people are in a hurry to sell because of necessity.


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hirngespenst
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December 10, 2019, 05:21:08 PM
 #42

Holding good and high ranked coins is very safe! But all the time profit does not happen. I want to give you an example in your own way! Suppose you bought Bitcoin at 17K USD in 2017, as you believe it will hit 40K and people say 100K USD! You hold and forgot for 2 years, and you just opened your holding wallet to see how much it becomes! You see 10000 USD is gone! So, no one knows the future, hold if you can bear the loss, sell if you need money.

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December 10, 2019, 05:24:47 PM
 #43

We all see the good ones where people bought a few coins here and there and became rich later on however people are forgetting thousands of newly printed coins that worth almost zero right now. Sure, if you bought bitcoin, ripple, ethereum, tezos and whatever else you would be rich right now so it is good to leave some there, however what if you had some coins that are right now 2345th biggest coin?

What if the coin you bought became so bad that it doesn't even worth 1 satoshi anymore and is calculated with ethereum instead?

Those are still viable possibilities that people forget but are true. So all in all, sure if you could buy the big ones, specially bitcoin, buy some and leave it be, however if you have some small coins, if you want to get rid of it nobody could say anything about it.

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December 10, 2019, 06:30:19 PM
 #44

I think that such examples will no longer be in the future. we will not see such an interest in the future. now we can invest a few thousand dollars in the trx and the maximum they will turn into 10 thousand dollars in a year or two. such large percentages as before can no longer be found. Now the market is becoming healthier and people will not greatly increase the prices of altcoins so high






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December 10, 2019, 06:41:27 PM
 #45

if you want to be a successful crypto holder I suggest you buy solid coins in this present bad market and hold for long term and mind you to hold successfully you can't rely on your holdings, man will always be in needy so find other means of surviving or else you will be forced to start selling one after the other
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December 10, 2019, 08:14:49 PM
 #46

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
This is good advice, leaving $10 in wallet is not big value, just think of it to pay a fee. But do not expect the value of the remaining tokens in the next few years will rise high, because these tokens could become worthless.

 
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December 10, 2019, 08:37:11 PM
 #47

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
This can be considered good or bad, depending on where we see it. Saving a few coins in the past and only selling them in the future, should be profitable, but what is happening in the market now we really cannot predict it, except for those who really observe the market price and I don't think everyone notices that. Therefore it takes some time for us to monitor market prices so that we do not feel disadvantaged later

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December 10, 2019, 08:38:33 PM
 #48

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
This is good advice, leaving $10 in wallet is not big value, just think of it to pay a fee. But do not expect the value of the remaining tokens in the next few years will rise high, because these tokens could become worthless.


This is if the altcoins you hold are not going to die. If it won't then probably leaving just about 2500TRX in your wallet could be worth 2500USD as well in the future. You know the DOGE doesn't have that kind of price before, I don't see it going up but since people keep trading it since it was accepted in a gambling site, a lot had been using DOGE. Now they are speculating DOGE to moon that mcaaffee is now also expecting its price to climb.

As long as your altcoins will have a market and satoshi price, it will have a value in BTC. But don't put all your hopes to it.

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December 10, 2019, 09:01:48 PM
 #49

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
You don't lose anything by trying that strategy but to me that seems to be effective only for bounty hunters that use their time and not their money to get their coins, if you invest in a coin your money you do not do it to lose money you do it because you want to earn money and if that coin begins to show some problems then you're going to sell your coins and not leave anything behind because you want to recover most of your investment, but for bounty hunters this is not the problem because at worse they are going to lose a few dollars if they decide not to sell their coins and the potential profit that they could get are worth the risk.
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December 10, 2019, 10:07:43 PM
 #50

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
Its not that bad since you already enjoy a profit, the bad thing here is that if you stop investing after you sold all your coins. Its ok to hold but make sure you know where to go and you have the idea on the future prices. Holding will take a lot of patience and we don’t know if the market will still go up or not, and make sure to keep on buying good coins its better not to leave the market totally.

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December 10, 2019, 10:08:06 PM
 #51

Great to hear that you always conduct own research, this is a very important point. Talking about me, I also hold one always. By the way, are there many advanced solutions from the ones you follow these days?
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December 10, 2019, 10:09:48 PM
 #52

Great to hear that you always conduct own research, this is a very important point. Talking about me, I also hold one always. By the way, are there many advanced solutions from the ones you follow these days?

Depends on whom you are asking Smiley I can basically reply about myself and share my thoughts here. I wouldn’t say that I have many advanced solutions to follow - 2 or 3 most attractive ones. Cause I always search for applicable ideas with real value
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December 10, 2019, 10:10:54 PM
 #53

Depends on whom you are asking Smiley I can basically reply about myself and share my thoughts here. I wouldn’t say that I have many advanced solutions to follow - 2 or 3 most attractive ones. Cause I always search for applicable ideas with real value

What are those? And why are you following these exact solutions? Please provide a bit more details
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December 10, 2019, 10:13:13 PM
 #54

What are those? And why are you following these exact solutions? Please provide a bit more details

I believe it would take much time to share my thoughts on all 3, so will take the most advanced and attractive solution for myself these days - StiB. Heard of the guys? I believe that after I share their idea, there will be no “why” questions mate. Team develops Smart Contracts for P2P services like trading/ lending/ investing/ insuring/ etc... on their ecosystem primarily on Ethereum and Bitcoin to follow with Cryptos - Fiats then Cryptos - Cryptos conversions supporting the most popular conversion pairs with the latest development of the Blockchain. Of course, main mission is adoption
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December 10, 2019, 10:16:09 PM
 #55

I believe it would take much time to share my thoughts on all 3, so will take the most advanced and attractive solution for myself these days - StiB. Heard of the guys? I believe that after I share their idea, there will be no “why” questions mate. Team develops Smart Contracts for P2P services like trading/ lending/ investing/ insuring/ etc... on their ecosystem primarily on Ethereum and Bitcoin to follow with Cryptos - Fiats then Cryptos - Cryptos conversions supporting the most popular conversion pairs with the latest development of the Blockchain. Of course, main mission is adoption

This sounds interesting for sure, especially if there are some benefits like low commissions and so, cause the industry itself is growing pretty fast. Let me Google the guys and get back with own thoughts, thank you for recommendation, so far impressing
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December 10, 2019, 10:17:44 PM
 #56

History does not always repeat itself, and even though I like to be optimistic, the reality is that most of the coins out today aren't going to rise much in the future or even just vanish from the dev team deserting the coin or just more general issues that lead to the coin price severely dropping. If you've got a bit of money that you can afford to set aside for an extended period of time, though, go ahead. Not much different from a lottery ticket, but it takes longer to see the results, and an easy way to make the great volatility associated with cryptocurrencies work potentially in your favor.
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December 10, 2019, 10:21:26 PM
 #57

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case

This good but remember not all coins are worth holding for long term even if they are good coin; most coins that are launched on another blockchain as a start and migrated to their own blockchain always swap right? What will be the fate of someone who wished to hold for years but wasn't aware of swap. Am not arguing your points, they are valid but we need to be extremely careful of the coins we wish to hold for long term, let's always go for those that are solidly built.

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December 10, 2019, 11:52:19 PM
 #58

I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
You will be suffering frustration if you think this kind calculation. One thing is still same but can't see it, suppose we didn't know that Bitcoin will pump in 2018 even as first cryptocurrency, same we can't find any coin which coin will pump in future. You should keep research and switch coin.
All of course also very much want to make calculations that will produce something very profitable, but it must also be realistic and I agree with colleagues above that calculations like you do will be frustrating. all calculations certainly base an analysis that can be determined when looking at the movement of a coin, when to buy and when it is appropriate to sell with minimal profit or loss.

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December 10, 2019, 11:53:58 PM
 #59

But the problem is that we can not guess which coins will be able to show the same result in the future. At that time, too, not everyone bought bitcoin and other alts. Few managed to get rich. Also now, we just have to rely on our intuition and luck.
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December 11, 2019, 12:00:18 AM
 #60

It's pretty difficult to assume history will repeat in the same fashion. Sure, some coins may be worth a lot years from now, but at the same time they may basically vanish. It's not a bad idea to hold onto at least something, just that I would say consider it lost money.
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