Dariusburst
Member
Offline
Activity: 182
Merit: 10
|
|
November 13, 2020, 10:05:14 AM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
You are right but this will change very soon as altcoin season will begin probably early next year 2021, the idea of taking profits is only good when we are in bear market season, but now that it looks like altcoin season is here it's better to hold
|
|
|
|
|
|
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
globalpain
Full Member
Offline
Activity: 1260
Merit: 103
The OGz Club
|
|
November 13, 2020, 10:10:38 AM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
indeed there are many good projects that were born in 2018, but now their prices have fallen and are difficult to increase, only a few that I see are extraordinary projects, Utrust is one of the old projects that are still alive, even though it was reported that the Utrust project was dead, and Dent this project is good, but is still asleep.
|
|
|
|
prince V
|
|
November 13, 2020, 10:16:54 AM |
|
It becomes very scary because altcoins who seem to be still active both in project development and active in the market even have a chance to die. We assume that because we have also seen how many altcoins that look pretty good but are now dead without any definite reason.
|
|
|
|
fullhdpixel
|
|
November 14, 2020, 04:01:21 PM |
|
Excellent, the best way to invest in altcoins is taking out capital when in profit and leave the profit to run. This works for decent projects, at least a project you have some level of believe that the team is cool, developmental progress is ok and a strong community supporting it.
That is right but I always consider the profit you made should now be treated as bankroll or capital itself instead of looking at it as profit and taking unwanted risks. I agree though with decent and known projects you can do this but really profits are part of your capital the moment you earned them and must be treated the same way. for projects with just hype and no serious development, it's good to take out capital plus profit no matter how little the profit is when necessary. Greed kills, this is a norm in crypto. I had the opportunity to make good profit from PAZZI but I got drowned due to greed. I learnt that lesson the hard way never to be greedy with any altcoin.
But if you know a project is all hype and has no development why would you invest in it first of all and then if somehow you invest and able to make profits then really just take whatever the profit is, agreed on that part but finding which project is all hype is difficult.
|
|
|
|
DDante
Member
Offline
Activity: 434
Merit: 19
|
|
November 14, 2020, 04:23:39 PM |
|
Too many new projects end up not fulfilling their aims that's why its smarter to take profits when you see any, most new projects have no guarantees, after few months or years they start fading and stop following their roadmaps, if you want to hold altcoins go after top altcoins only
|
|
|
|
ven7net
|
|
November 14, 2020, 04:32:27 PM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
Indeed, many altcoins that came out earlier are now ghosts. For us, this is an example that not every crypto asset can be successful and give us good profit. Based on this, you need to decide what is more important for you, get any profit or take risks and get nothing at all. I decided for myself that I would sell a part of the cryptoasset and get an affordable profit, the second part of the crypto assets I would keep in the hope of growth and big profits.
|
|
|
|
CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
|
|
November 14, 2020, 04:38:33 PM |
|
It becomes very scary because altcoins who seem to be still active both in project development and active in the market even have a chance to die. We assume that because we have also seen how many altcoins that look pretty good but are now dead without any definite reason.
There is always a reason. If you did not find the reason, then you were looking badly. Projects die for various reasons, first of all, not the consistency of the team, or the idea itself. Many projects face a number of post-market problems that they cannot cope with. There are always reasons, finding them you will understand why projects die.
|
|
|
|
Winscosinally
Member
Offline
Activity: 490
Merit: 16
|
|
November 14, 2020, 05:15:38 PM |
|
Greedy people won't accept that profit is profit, they have higher aims to secure so they will keep striving, is greed the real enemy here? I don't think so because some times your greed can bring you food fortune, crypto has a way to messing with investors I believe that's why it's better to always take profits, there will be more disappointments than positive results
|
|
|
|
bunglor
|
|
November 14, 2020, 05:20:13 PM |
|
I agree, especially for the new projects they are really risky and so if you see some profits don't be greedy and take it and don't wait for it to crash before selling we all know that we wanted to maximize the profit we can get from new projects but we are not sure when is the peak of it.
|
|
|
|
jostorres
|
|
November 14, 2020, 06:19:36 PM |
|
Profit is Profit, either big or small. This a good point but I want to ask how much you category as small profit?? $1 $2. I don't sell my token if only get such a small profit
I believe you should make decisions based on profit in percentage rather than in dollars because based on how much invest sometimes $5 can be a big profit if imagine you invested $20 and sometimes even $100 can be small profits if the investment is 10k+ so it really depends on the amount in my opinion. Easy to get 5x?? I thought you were rich now if it were easy, but I see you are still not rich. So nothing easy in crypto. Especially for 5x profits
Well said, indeed one would be rich and busy as hell if they were earning 5x profits without any problems. Thing with investment in crypto is that at times you will feel like wow it was so simple and I got 10x profits while at times you will scratch your head while you invested in such a project, for example an ICO where it is not even likely to get listed on exchanges.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
optimisticcm
Member
Offline
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
|
|
November 14, 2020, 08:29:12 PM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
I have myself experienced similar situation in the past but these decisions are very complicated because you always have hopes about the project. Sometimes you see small negative things about the project but you try to stay positive and ignore those but i think when you start seeing such things it is better to exit than seeing the ship crashing.
|
|
|
|
Gvent
Sr. Member
Offline
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
|
|
November 16, 2020, 10:42:02 PM |
|
Greedy people won't accept that profit is profit, they have higher aims to secure so they will keep striving, is greed the real enemy here? I don't think so because some times your greed can bring you food fortune, crypto has a way to messing with investors I believe that's why it's better to always take profits, there will be more disappointments than positive results
In making money you need to rely on your mind skills and experience if you constantly rely on luck then someday it will fail you therefore if you can earn less and without risk then it is better to do it
|
|
|
|
bittick
|
|
November 19, 2020, 10:50:56 PM |
|
That's actually the hard truth. Some altcoin could just gone into oblivion within span of few months and imagine owning that alt, money gone become dust without knowing. BUT, it's the same as anywhere else. You go buy company stock it could go down very hard just becaue the company makes some mistake. Investment is not as easy as people might think. You see people in youtube, tv they always telling us to invest to generate easy money but honestly they are just some BS and yeah half bread better than none. Usually when people gets greedy want to take as much profit as they can they instead losing.
|
|
|
|
nrvasquez
|
|
November 19, 2020, 10:59:39 PM |
|
Some old altcoin that are still alive but are not doing much activities because they have reached the saturation of the developmental phase. Now they can't move forward in that same trend unless thy change purpose entirely. Take profit whenever you are satisfied. Don't be too greedy.
Not quite true, the old coins had different strategies depending on their marketing. The most important thing is not to necessarily want excessive profit, too high expectations can make you fall. always take profit first
|
|
|
|
D ltr
Sr. Member
Offline
Activity: 1360
Merit: 258
Undeads.com - P2E Runner Game
|
|
November 20, 2020, 02:03:54 AM |
|
Investment is not as easy as people might think. You see people in youtube, tv they always telling us to invest to generate easy money but honestly they are just some BS and yeah half bread better than none. Usually when people gets greedy want to take as much profit as they can they instead losing.
Investing is not easy, there are many mistakes that a beginner may experience, even a professional will definitely experience defeat, and always remember there are no consistent profits, so always be careful and you must invest in a safe place, if investing in cryptocurrency choose coins that have high liquidity.
|
|
|
|
TopT3ns
|
|
November 20, 2020, 02:54:51 AM |
|
Investing is not easy, there are many mistakes that a beginner may experience, even a professional will definitely experience defeat, and always remember there are no consistent profits, so always be careful and you must invest in a safe place, if investing in cryptocurrency choose coins that have high liquidity.
Usually what makes it difficult for us to invest is ourselves because we are confused about which place to invest, whereas if it were me then I would prefer to buy as much bitcoin as I can for long-term investment because I see a very good potential in bitcoin.
|
|
|
|
opeku
Jr. Member
Offline
Activity: 113
Merit: 1
|
|
November 20, 2020, 03:20:40 AM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
Yes profit is profit, i agree Ever since I have started to accept profit for profit I have not been able to count my losses like I use to do in the past
|
|
|
|
krisnajsadrak
Sr. Member
Offline
Activity: 1092
Merit: 250
Hodlers Network
|
|
November 21, 2020, 07:26:18 PM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
if you fear to invest in altcoins, just don't do it buddy, because the basic rules of investments is invest only what you can afford to lose, if you buy some good altcoins in the time when you write this thread, i think you already get some profit now,,
|
|
|
|
qazgroup
Member
Offline
Activity: 1022
Merit: 20
RiveMont
|
|
November 21, 2020, 07:28:07 PM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
That is why i chose low risk coins only as new coins with no development and unknown teams have low chances of success so staying in top coins is the right thing to do because every bull wave is going to increase their value massively.
|
|
|
|
kindbtc
Member
Offline
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
|
|
November 21, 2020, 07:30:47 PM |
|
Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
Taking profit is always good, i have seen projects that peaked right after launch to multifold gains and then settled back around ico prices and even after many years they are still around that range. If someone trades crypto against fiat or stablecoin pairs then taking regular profits is something that is needed to stay profitable and liquid.
|
|
|
|
|