DONT MARRY YOUR ALTCOIN BAGS

[alik111]

Thanks for your great suggestion to all altcoin traders.
Actually I am still married with some altcoins that's why then dumped and I am in stuck.

So always we should follow bitcoin movement to full up bags with altcoins.

[Claudio99]

I've changed my ways with crypto investment, I've lost too much money and I don't plan on repeating same mistakes again, I plan on dumping any coin that gives me little profits and only hold coins like Bitcoin and Ethereum only, top 5 altcoins all the way

[TheMystic]

I don't Fall in love with any altcoin, I monitor the success rate. Observe closely, if after a while I see how the team operates. Then I decide if to hold or dump for profit. Coins/token are for trading to earn profit, either held for short term or long term. Not to fall in love or marry it. Because at the end, you feel disappointed and loose, my currency is involved and its meant for business. Let's all just be very careful

[@baoli]

This is a really difficult thing to do we always feel prices will always keep going up. I had an experience in 2017 with Parkbyte that is always on my mind. Since then I always try taking profit. 

[carter34]

Anyway do whats best for you but dont be that guy married to a bag watching btc head to 50-100k or whatever the top might be

The way to make profit really is not to hodl permanent to a coin, even if you hodl bitcoin you can release it and buy more when retracement come. Also with altcoins too. Trading is profiting to when you forget it in the wallet.

[Gotumoot]

I also experience the same thing I hold some alt-coin when BTC was around $6K last year and still holding them now.
I could have made a good profit if I just sold it all off and hold those money in BTC.
But there is nothing we could do about it now just make sure that it wouldn't happen again and learn from our mistake from the past.

[Shallow]

Although you are right about everything but I still think there are altcoins worth sticking it and as well bagging. It is true that most altcoins are not worthy to hold for long because of the risks involved but I think coins like ETH is worth bagging. Nowadays once there is a movement in the market, as bitcoin takes the lead, Ethereum follows it closely before other altcoins like BNB joins as well, although the sequence can change but what is good to note is that, not only bitcoin makes a move nowadays. However, am not disputing the fact that holding Bitcoin is best but rather stating that other coins like ETH is worth the shot.

[Akoldi_ibk]

Although you are right about everything but I still think there are altcoins worth sticking it and as well bagging. It is true that most altcoins are not worthy to hold for long because of the risks involved but I think coins like ETH is worth bagging. Nowadays once there is a movement in the market, as bitcoin takes the lead, Ethereum follows it closely before other altcoins like BNB joins as well, although the sequence can change but what is good to note is that, not only bitcoin makes a move nowadays. However, am not disputing the fact that holding Bitcoin is best but rather stating that other coins like ETH is worth the shot.

You made a valid point there. ETH, BNB, and hosts of other altcoins are worth giving a shot and hold for long term. The most important factor when holding bags of altcoins, hold the right ones; the tested and trusted with enormous potentials to grow and expand in the future.

[funex]

 You are right  mate , glued  to altcoins is not the best as anything can happen . you can never trust the project more than the developers . i always tell people to romancing altcoins in your wallets sell when you should make your profit and move on. I had that experience when joined crypto early 2017 , i held unto some altcoins and was expecting to buy mansion with the profits . i ended up holding some forever because project died and developers ran.

[Danslip]

You are right  mate , glued  to altcoins is not the best as anything can happen . you can never trust the project more than the developers . i always tell people to romancing altcoins in your wallets sell when you should make your profit and move on. I had that experience when joined crypto early 2017 , i held unto some altcoins and was expecting to buy mansion with the profits . i ended up holding some forever because project died and developers ran.

The classic scenario has been case in your altcoin bags, so it is not surprising to see such feedback. The strong relationship with altcoin bags can lead to disaster because HODL-er will ignore the alternative options and only will focus on altcoins portfolio revenue. In order to avoid the same mistakes, investors have to make wise decision that can hurt at the decision time but better safe than sorry in long run. Generally, it is all about mindset.

[kensaii]

I remember of a friend who gave up his studies and went all-in on AMP coin (Synereo - if you remember the project). By saying all-in, I don't mean that he invested any money on it but all his time. He worked as a programmer for them and used to earn $300 worth of AMP each month. He did this for at least 3 years, the project did well and he almost became a double millionaire when the spike occurred in markets during 2017 when BTC was $14k and reached $20k. But he kept the coins as it is, didn't sell them when I even advised him to do so and later when the crash happened, the project itself came to an end putting all his work and savings under the grave. So, you need to know when to sell as that's too an important part of trading.

Crypto is a roller coaster ride. One day your investment is at the top and it can go down real fast in just a snap. Never ever HODL your coin for a long time, at one point you will have to sell and take your profit or you will be left out. I had kept some of my bounties and had lost my chance of selling them. Don't be driven by greed, and don't wait for the price to go up further.

Like, don't set your price bar too high because of greedy could take away your chance to make a decent profit if you sell it for just a bit lower. I also have some bitter experience cause holding my bounty bag too long and miss a chance to earn a good profit. Really, we need to be cool and treat your bad like a thing, nothing else.

[lenovop-70]

I am marry her since 2017 and i regret it so much, i get her from bounties and investment, wait for the right time to sell it and never happened until now,  maybe this 2020 will be the good time to sell all of them 
Any thought friends ?

[pandanaran]

I personally wouldn't do that either, I mean investing in cryptoqurrency doesn't guarantee the safety of your money. We are at risk, especially if we misplace money on a bad project. for example in the market crypo has created thousands of coins most of which are ash coins. in this case, be more careful and not wrong to invest your money in crypto.

[affandi]

The heart of this story is greed which leads to regret. In the past, I have bought an altcoin from one of the ICO projects, actually it has given me a profit if I sell it right away, but greed haunts me, keeps it for a few months and hopes it will rise even higher, but the reality is not as beautiful as I am imagine, he was destroyed and became worthless, no longer listed on any exchange. bitcoin is a good ending once we have benefited from altcoins.

[imstillthebest]

I personally wouldn't do that either, I mean investing in cryptoqurrency doesn't guarantee the safety of your money. We are at risk, especially if we misplace money on a bad project. for example in the market crypo has created thousands of coins most of which are ash coins. in this case, be more careful and not wrong to invest your money in crypto.

but who says its safe ? its not like banks that can secure your money but you invest on here because you want to earn in a risky way . if there are people that blindly go here for money well thats a bad example  . thousand of coins lying , its obvious that we dont pick them all but we dont also want to pick the wrong one  . in order to avoid errors its okay to marry atleast one or two coin that are trully exeptional . marrying means we should be faithful to them

[Lantind]

I am marry her since 2017 and i regret it so much, i get her from bounties and investment, wait for the right time to sell it and never happened until now,  maybe this 2020 will be the good time to sell all of them 
Any thought friends ?

About selling altcoins and holding them is very simple, everyone will of course sell all Altcoins when the price is good, because at this time there are still many Altcoins that do not have a market at all, so indirectly someone has to hold them in order to wait for listing on the market.

[leyton11]

New traders or holders need to understand this rule. Do not be too greedy and not too stubborn, please be alert to handle when the market goes against our thinking.
When making financial investments with a passive mind, I guarantee you will lose more than win. In order to do that, we need to learn a lot about the fundamental laws of the financial world and the experiences of their predecessors.

[ubay]

It's very difficult to buy so many altcoins expecting the price to go down in 2/3 years. I myself have several altcoins/tokens that I got from the 2017/2018 bounty, but only a few have great value. The rest I leave until the value goes up because I will not sell my altcoins/tokens cheaply.

[Crypto_lion]

I cannot agree more with the OP here. When the time is right make sure to book your profit and atleast take out the investment amount back . Same goes for booking losses as well.

[landoffaucets]

But selling altcoins now will be the worst thing that you can do. 90% of altcoins are still in 90% loss, especially when you compare it with BTC price. Do not sell your altcoins at the bottom please, you can regret it in the next altcoin season.